Skip to content

FreeWood

Active
Private limited companyfounded 201511 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).

Overview

What they do
Business and other management consultancy
NACE 70200Business consulting NACE 70220
1 site
How big
€239,526total assets 2024
Equity
€165,651
Profit
€147,051
Turnover not published (abridged schema)
Financially healthy?
Bankruptcy chance 12 m
0.3%
2024 figures too old to score
Who decides
Accounts 155 d overdue0 of 3 deeds read
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
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
Strong
Solvency 94+60
equity 69.2% of total assets
Liquidity 93+44
short-term debt 20.5% · cash 45.7%
Profitability 100=
return on assets 61.4%
Bankruptcy probability, 12 months
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 months 11-2024: 0.1% 12-2024: 0.1%● 0.0% vs 11-2024 01-2025: 0.1%▲ +12.0% vs 12-2024 02-2025: 0.1%▼ -4.3% vs 01-2025 03-2025: 0.1%▼ -2.2% vs 02-2025 04-2025: 0.1%▲ +19.5% vs 03-2025 05-2025: 0.2%▲ +69.2% vs 04-2025 06-2025: 0.1%▼ -71.6% vs 05-2025lowest value 07-2025: 0.1%● 0.0% vs 06-2025lowest value 08-2025: 0.1%● 0.0% vs 07-2025lowest value 09-2025: 0.1%● 0.0% vs 08-2025lowest value 10-2025: 0.1%● 0.0% vs 09-2025lowest value 11-2025: 0.1%● 0.0% vs 10-2025lowest value 12-2025: 0.1%● 0.0% vs 11-2025lowest value 01-2026: 0.1%● 0.0% vs 12-2025lowest value 02-2026: 0.1%● 0.0% vs 01-2026lowest value 03-2026: 0.1%● 0.0% vs 02-2026lowest value 04-2026: 0.1%● 0.0% vs 03-2026lowest value 05-2026: 0.1%● 0.0% vs 04-2026lowest value 06-2026: 0.1%● 0.0% vs 05-2026lowest value 07-2026: 0.1%▲ +84.0% vs 06-2026 08-2026: 0.1%▲ +13.0% vs 07-2026 09-2026: 0.2%▲ +55.8% vs 08-2026 10-2026: 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 €109,431 lowers the probability
  • Equity €165,651 (69.2% of total assets) lowers the probability
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 08-05-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Sector Activities of head offices; management consultancy activities (NACE 70)
In the bankruptcy model this factor lowers the probability.
KBO
lowers risk · Liquidity: current ratio 2.77, cash €109,431
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Equity €165,651 (69.2% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 155 days later.
NBB · 3 filings
Position against the passed deadline
30-09-2025 close30-04-2026 deadline02-10-2026 today
neutral · Filed after the deadline
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.
NBB · 3 filings
Deviation from the deadline
2025
not filed
2024
8 d late
2023
5 d early
2022
38 d early
← before the deadline after the deadline →
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)
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
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Highest result since 2022net €147,051 ▲167%
  3. Liquidity quadruplescurrent ratio 2.77

Key points

  • Risk: Accounts not fileddeadline was 30-04-2026 155 d late View
  • 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 €147,051 View

By topic

Financials

Fiscal year
2024
Total assets
€239,526
Profit
€147,051
Solvency
69.2%
Total assets▲ 22.2%
Net result
20222024
Go to Financials

Timeline

Events
7
Since
2023
  1. 08-05-2025Annual accounts filed
  2. 30-09-2024Highest result since 2022
  3. 30-09-2024Liquidity quadruples
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Business and other management consultancyNACE 70200
Founded
30-09-2015
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.