Checked.be · Company dossierhttps://checked.be/en/c/freewood-0639750632 · as of 02-10-2026
FreeWood
Active
Private limited company · founded 2015 · 11 yrs activeLozendaalstraat 33, 3078 Kortenberg, BelgiumKBO/BCE: BE 0639.750.632
Summary
For FreeWood, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €165,651 and a net result of €147,051. Equity is shrinking by ~11.6% per year across the filed fiscal years. Its solvency ranks better than 62% of 37957 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).
Signals- Figures for FY 2024 (filed 08-05-2025)- Annual accounts not filed+ Sector Activities of head offices; management consultancy activities (NACE 70)+ Liquidity: current ratio 2.77, cash €109,431+ Equity €165,651 (69.2% of total assets)Filed after the deadlineShow the evidence
Checked score
No current score
Checked score
A figure from 0 to 100 for financial health from the latest annual accounts: the higher, the healthier. Without a figure, the card says why. A low score is a reason to look closely at payment terms and security.
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Filing: One filing cycle is missing
Financial strength, FY 2024 · tick = 2023
Financial strength
How strong the balance sheet and results are, apart from the score: solvency, liquidity and profitability from the latest accounts, each out of 100. The score itself is the bankruptcy probability.
Strong
Solvency94+60
equity 69.2% of total assets
Liquidity93+44
short-term debt 20.5% · cash 45.7%
Profitability100=
return on assets 61.4%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that this company goes bankrupt within twelve months. A low chance is reassuring; with a higher one, agree shorter payment terms or an advance.
0.3%Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.1% (47,397 companies)
Last 24 months11-2024: 0.1%12-2024: 0.1%● 0.0% vs 11-202401-2025: 0.1%▲ +12.0% vs 12-202402-2025: 0.1%▼ -4.3% vs 01-202503-2025: 0.1%▼ -2.2% vs 02-202504-2025: 0.1%▲ +19.5% vs 03-202505-2025: 0.2%▲ +69.2% vs 04-202506-2025: 0.1%▼ -71.6% vs 05-2025lowest value07-2025: 0.1%● 0.0% vs 06-2025lowest value08-2025: 0.1%● 0.0% vs 07-2025lowest value09-2025: 0.1%● 0.0% vs 08-2025lowest value10-2025: 0.1%● 0.0% vs 09-2025lowest value11-2025: 0.1%● 0.0% vs 10-2025lowest value12-2025: 0.1%● 0.0% vs 11-2025lowest value01-2026: 0.1%● 0.0% vs 12-2025lowest value02-2026: 0.1%● 0.0% vs 01-2026lowest value03-2026: 0.1%● 0.0% vs 02-2026lowest value04-2026: 0.1%● 0.0% vs 03-2026lowest value05-2026: 0.1%● 0.0% vs 04-2026lowest value06-2026: 0.1%● 0.0% vs 05-2026lowest value07-2026: 0.1%▲ +84.0% vs 06-202608-2026: 0.1%▲ +13.0% vs 07-202609-2026: 0.2%▲ +55.8% vs 08-202610-2026: 0.3%▲ +64.8% vs 09-2026highest value
Figures for FY 2024 (filed 08-05-2025)raises the probability
Sector Activities of head offices; management consultancy activities (NACE 70)lowers the probability
Liquidity: current ratio 2.77, cash €109,431lowers the probability
Equity €165,651 (69.2% of total assets)lowers the probability
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 08-05-2025, 8 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.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 12 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
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neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
Annual accounts filedfiscal year 2024 · micro…
Highest result since 2022net €147,051 ▲167%
Liquidity quadruplescurrent ratio 2.77
Key points
Risk: Accounts not fileddeadline was 30-04-2026155 d lateView
Positive: Result rose in 2024from €55,009 to €147,051▲ 167%View
Positive: Among the best 8% on net resultsector median €25,898 · 37,978 companies€147,051View