FREEWAYS
ActiveFREEWAYS has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €44k and a net result of €56k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 35% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
66
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability94▲+3
Solvency41▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity tight (current ratio 1.29 against 1.07 in 2023; short-term debt: 28.1% and cash: 1.1% of total assets), and 84.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
15.8%
Return on assets
19.8%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-09-2025, 48 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
48 d late
2023
30 d late
2022
153 d late
2021
153 d late
2020
31 d late
2019
274 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€44k▲ 224%
2023 · €14k
2018: €-36k
2019: €-46k
2020: €-64k
2021: €-46k
2022: €-34k
2023: €14k
2018 → 2024
Total assets
€281k▲ 3.0%
2023 · €273k
2018: €260k
2019: €247k
2020: €230k
2021: €207k
2022: €217k
2023: €273k
2018 → 2024
Net result
€56k▲ 15.7%
2023 · €48k
2018: €-28k
2019: €-11k
2020: €-17k
2021: €18k
2022: €12k
2023: €48k
2018 → 2024
Working capital
€23k▲ 385%
2023 · €5k
2018: €-37k
2019: €-47k
2020: €-50k
2021: €-18k
2022: €-2k
2023: €5k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-64k-€-46k▲ 27.8%€-34k▲ 25.3%€14k€44k▲ 224%
Operating result€-10k-€23k€18k▼ 19.0%€60k▲ 227%€75k▲ 24.1%
Net result€-17k-€18k€12k▼ 34.3%€48k▲ 314%€56k▲ 15.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 24% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €281k
Fixed assets
€179k▼ 11.3%
Current assets
€102k▲ 43.7%
Equity and liabilities €281k
Equity
€44k▲ 224%
Debt
€237k▼ 8.7%
The debt ratio falls from 95.0% to 84.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€109k▲
2023 · €83k
Cash flow
€90k▲
2023 · €71k
Solvency
15.8%▲
2023 · 5.0%
Current ratio
1.29▲
2023 · 1.07
Quick ratio
1.29▲
2023 · 1.07
Debt / equity
5.32▼
2023 · 18.87
ROE
125.3%▼
2023 · 350.7%
ROA
19.8%▲
2023 · 17.6%
Interest coverage
14.54▲
2023 · 6.72
Debt
€237k▼
2023 · €259k
Debt ≤ 1 year
€79k▲
2023 · €66k
Debt > 1 year
€158k▼
2023 · €193k
Income taxes
€11k
Staff costs
€20k▲
2023 · €12k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€273k€281k▲
Fixed assets21/28€202k€179k▼
Tangible fixed assets22/27€202k€179k▼
Land and buildings22€109k€100k▼
Plant, machinery and equipment23€33k€31k▼
Furniture and vehicles24€60k€48k▼
Financial fixed assets28€250€250=
Current assets29/58€71k€102k▲
Amounts receivable within one year40/41€67k€99k▲
Trade receivables40€57k€50k▼
Other amounts receivable41€9k€49k▲
Cash at bank and in hand54/58€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€273k€281k▲
Equity10/15€14k€44k▲
Contributions10/11€12k€12k=
Profit (loss) carried forward14€1k€32k▲
Amounts payable17/49€259k€237k▼
Amounts payable after more than one year17€193k€158k▼
Financial debts170/4€193k€158k▼
Amounts payable within one year42/48€66k€79k▲
Current portion of amounts payable after more than one year42€34k€35k▲
Trade debts44€3k€3k▼
Suppliers440/4€3k€3k▼
Taxes, remuneration and social security45€8k€14k▲
Taxes450/3€6k€10k▲
Remuneration and social security454/9€2k€4k▲
Other amounts payable47/48€21k€27k▲
Income statement
Code20232024
Remuneration, social security and pensions62€12k€20k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€34k▲
Other operating charges640/8€2k€2k▼
Non-recurring operating charges66A€438-
Gross operating margin9900€98k€131k▲
Operating profit (loss)9901€60k€75k▲
Financial income75/76B€522€18▼
Recurring financial income75€522€18▼
Financial charges65/66B€12k€7k▼
Recurring financial charges65€12k€7k▼
Profit (loss) for the period before taxes9903€48k€67k▲
Income taxes67/77-€11k
Profit (loss) for the period9904€48k€56k▲
Profit (loss) for the period to be appropriated9905€48k€56k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1k€57k▲
Profit (loss) brought forward from the previous period14P€-47k€1k▲
Profit to be distributed694/7-€25k
Return on contributions (dividend)694-€25k
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 48 days late
2024
31-12
Financial
Highest result since 2018net €56k ▲15.7%
Operating result €75k, net result €56k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 153 days late
2022
31-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 153 days late
2021
31-12
Financial
Back to profitnet €18k
Net result €18k after 3 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
01-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 274 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
01-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 1 day late
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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
Registered office, Brasschaat · 1 establishment unit since 2015
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.
Lage Kaart 4472930 BrasschaatGround area
456 m²
Building footprint
91 m²
Volume, LiDAR
553 m³
Parcel 11008G0164/00X000, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FREEWAYS // Wilde Koffie
since 20152.248.292.625
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11008G0164/00X000 | Flanders | 456 m² | 1 · 91 m² | 9.8 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 480 EUR awarded · 480 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 165 EUR | 165 EUR |
| 2024 | 1 | 120 EUR | 120 EUR |
| 2022 | 1 | 195 EUR | 195 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrasschaat2.248.292.625
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Of 3,827 companies in sector 47210 we hold annual accounts for 966. 783 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-12-2015
Fiscal year end31-12
Activities, NACEBEL
47210Retail sale of fruit and vegetables
47810Retail trade
56309Food and beverage service activities
55204Guest rooms (bed and breakfast)
68201Renting and operating of own or leased residential real estate, excluding social housing
77110Renting and leasing of cars and light motor vehicles
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.