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FREEST2

Active
Private limited companyfounded 2020active for 6 yearsEdward de Baerdemaekerstraat 51, 1601 Sint-Pieters-Leeuw, BelgiumKBO/BCE: BE 0741.957.255

From the official registers: KBO 6 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

FREEST2 has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €128,320 and a net result of €25,693. Equity has been growing by about 27% per year since 2020. Its solvency ranks better than 85% of 16,961 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Overview

Official details

KBO
Status
Active since 23-01-2020 Normal situation
Activity
Limited-service restaurants, excluding mobile food services NACE 56112
Establishment unit
2.327.816.886 1653 Beersel, since 01-01-2022
Financial year end
31 December
Peppol
Reachable since 04-06-2025

Board and ownership

Board
  • Dewit FrederikDirector · since 22-01-2020

Financial position

67 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.1%
Annual accounts 2025
Gross margin
€196,029
▼ 11.5%
Turnover
≈ €610,000
estimated
Profit
€25,693
▼ 56.2%
Equity
€128,320
▼ 14.3%
Total assets
€180,406
▼ 15.0%
Staff
≈ 3.8 FTE
estimated
Filed on 16-07-2026, 15 days before the deadlineat the National Bank
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Size: total assets €180,4061 of the last 3 accounts latelowers riskLiquidity: current ratio 1.54, cash €62,072Show the evidence

Checked score

Score 2025
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 68% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Strong
Solvency 96=
equity 71.1% of total assets
Liquidity 82-9
short-term debt 27.1% · cash 34.4%
Profitability 87-13
return on assets 14.2%
Bankruptcy probability within 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,780 companies, NACE 56, micro)
Last 24 months 11-2024: 2.3% 12-2024: 2.3%● unchanged vs 11-2024 01-2025: 2.2%▼ -0.1 percentage points vs 12-2024 02-2025: 2.3%▲ +0.1 percentage points vs 01-2025 03-2025: 2.3%● unchanged vs 02-2025 04-2025: 2.3%● unchanged vs 03-2025 05-2025: 2.3%● unchanged vs 04-2025 06-2025: 2.3%● unchanged vs 05-2025highest value 07-2025: 1.6%▼ -0.7 percentage points vs 06-2025 08-2025: 1.6%● unchanged vs 07-2025 09-2025: 1.5%▼ -0.1 percentage points vs 08-2025 10-2025: 1.5%● unchanged vs 09-2025 11-2025: 1.5%● unchanged vs 10-2025 12-2025: 1.5%● unchanged vs 11-2025 01-2026: 1.5%● unchanged vs 12-2025 02-2026: 1.5%● unchanged vs 01-2026 03-2026: 1.5%● unchanged vs 02-2026 04-2026: 1.3%▼ -0.2 percentage points vs 03-2026 05-2026: 1.4%▲ +0.1 percentage points vs 04-2026 06-2026: 1.3%▼ -0.1 percentage points vs 05-2026 07-2026: 1.3%● unchanged vs 06-2026 08-2026: 1.1%▼ -0.2 percentage points vs 07-2026lowest value 09-2026: 1.1%● unchanged vs 08-2026lowest value 10-2026: 1.1%● unchanged vs 09-2026lowest value
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.54 (1.93 in 2024), above the usual 1.5. Short-term debt is 27.1% and cash 34.4% of total assets. 28.9% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 85% of them on solvency, 85% on liquidity, 75% on profitability and 28% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
lowers risk · Liquidity: current ratio 1.54, cash €62,072
NBB · annual accounts
raises risk · Size: total assets €180,406
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 1 of the last 3 accounts late
NBB · filings
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
15 days early
2024
43 days early
2023
61 days late
2022
192 days late
2021
26 days late
2020
12 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 39 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 August (4 of the last 5 accounts filed within 69 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 10th largest company by equity in Sint-Pieters-Leeuw, Accommodation and food service sectorin the Checked rankings No. 10 View

Comparable companies

These companies have the same main activity as FREEST2: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €166,000 and €196,000, founded between 2019 and 2020.

CompanyTotal assetsGross margin
FREEST2 Sint-Pieters-Leeuw€180,406€196,029
SHIRINE Asse€186,108€183,424
DELIVERY OVERIJSE Overijse€191,768€215,092
MINADA Asse€196,167€166,848
JMCK Péruwelz€176,025€177,672
IBFM GROUP Anderlecht€189,909€169,991
AAM COMPANY Herzele€165,780€190,007
Full comparison

Documents

Annual accounts at the NBB

All 6 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about FREEST2

What is the company number of FREEST2?
The company number of FREEST2 is 0741.957.255. The VAT number is the same number with BE in front: BE 0741.957.255.
Where is FREEST2 based?
The registered office is at Edward de Baerdemaekerstraat 51, 1601 Sint-Pieters-Leeuw.Company details
What does FREEST2 do?
According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
What is the legal form of FREEST2?
The legal form of FREEST2 is Private limited company (BV).
When was FREEST2 founded?
FREEST2 was founded on 23-01-2020.
Is FREEST2 still active?
Yes, FREEST2 is an active enterprise in the KBO register.
How many employees does FREEST2 have?
FREEST2 had an average of 1.6 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of FREEST2?
The turnover in financial year 2025 is ≈ €610,000. This figure is estimated from the gross margin of €196,029 and 83 comparable companies (NACE 56112). It probably lies between €450,000 and €740,000.
Is FREEST2 profitable?
In financial year 2025, FREEST2 made a profit of €25,693.
Where can I find the annual accounts of FREEST2?
FREEST2 filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of FREEST2 due?
FREEST2 must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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