FREELOOK
Open bankruptcyA bankruptcy procedure is open for FREELOOK according to publications in the Belgian State Gazette; curator: JEROME HENRI. The 2022 annual accounts show equity of €8k and a net result of €-11k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 27-06-2023, 34 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
34 d early
2021
25 d late
2020
61 d late
2019
29 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, micro schema
Turnover
€93k▲ 32.1%
2020 · €70k
2019: €16k
2020: €70k
2019 → 2021
EBIT margin
7.1%▲ 13.3pp
2020 · -6.1%
2019: 11.9%
2020: -6.1%
2019 → 2021
Net result
€-11k
2021 · €5k
2019: €2k
2020: €-5k
2021: €5k
2019 → 2022
Working capital
€8k▼ 12.3%
2021 · €10k
2019: €14k
2020: €3k
2021: €10k
2019 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2019202020212022Trend
Turnover€16k-€70k▲ 342%€93k▲ 32.1%
Equity€18k-€15k▼ 15.3%€20k▲ 30.6%€8k▼ 57.4%
Operating result€2k-€-4k€7k€-10k
Net result€2k-€-5k€5k€-11k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €10k after €7k in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Equity and liabilities €16k
Equity
€8k▼ 57.4%
Debt
€7k▼ 58.5%
The debt ratio falls from 47.3% to 46.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-70▼
2021 · €19k
Cash flow
€-1k▼
2021 · €17k
Solvency
53.3%▲
2021 · 52.7%
Current ratio
2.14▲
2021 · 1.54
Quick ratio
2.14▲
2021 · 1.54
Debt / equity
0.88▼
2021 · 0.90
ROE
-134.9%▼
2021 · 23.4%
ROA
-71.9%▼
2021 · 12.3%
Interest coverage
-0.06▼
2021 · 13.14
Debt
€7k▼
2021 · €18k
Debt ≤ 1 year
€7k▼
2021 · €18k
Staff costs
€28k▼
2021 · €41k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€37k€16k▼
Fixed assets21/28€10k-
Tangible fixed assets22/27€10k-
Furniture and vehicles24€10k-
Current assets29/58€27k€16k▼
Amounts receivable within one year40/41€20k€15k▼
Trade receivables40€20k€9k▼
Other amounts receivable41-€7k
Cash at bank and in hand54/58€7k€469▼
Equity and liabilities
Total equity and liabilities10/49€37k€16k▼
Equity10/15€20k€8k▼
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Profit (loss) carried forward14€1k€-10k▼
Amounts payable17/49€18k€7k▼
Amounts payable within one year42/48€18k€7k▼
Current portion of amounts payable after more than one year42€10k-
Trade debts44€2k€6k▲
Suppliers440/4€2k€6k▲
Taxes, remuneration and social security45€3k€1k▼
Taxes450/3€39€1k▲
Remuneration and social security454/9€3k-
Other amounts payable47/48€3k-
Income statement
Code20212022
Turnover70€93k-
Non-recurring operating income76A€201-
Goods, raw materials, services and sundry goods60/61€29k-
Remuneration, social security and pensions62€41k€28k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€10k▼
Other operating charges640/8€5k€6k▲
Non-recurring operating charges66A€407-
Gross operating margin9900€64k€34k▼
Operating profit (loss)9901€7k€-10k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€5k€-11k▼
Income taxes67/77€581-
Profit (loss) for the period9904€5k€-11k▼
Profit (loss) for the period to be appropriated9905€5k€-11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1k€-10k▼
Profit (loss) brought forward from the previous period14P€-4k€1k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
06-03
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL FREELOOK RUE DE GENE- VE 4/314, 1140 EVERE · event 25-02-2025
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-11k ▼345%
Net result drops to €-11k, the lowest in the series.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
29-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 29 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ground area
6,061 m²
Building footprint
1,472 m²
Volume, LiDAR
61,949 m³
Parcel 21372D0317/00L009, Brussels · tallest building 47.0 m, ±14 floors. Linked by address, not a title deed.
1 establishment unit
Establishment
since 20192.284.411.762
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21372D0317/00L009 | Brussels | 6,061 m² | 1 · 1,472 m² | 47.0 m · 14 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JEROME HENRI AVENUE ROGER VANDEN-
DRIESSCHE 18, 1150 WOLUWE-SAINT-PIERRE- curateur@bazacle-
solon.eu |
25-02-2025 → present |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded22-01-2019
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.