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FREKA

Active Public limited companyfounded 1990active for 36 yearsConstitutiestraat 90, 2060 AntwerpKBO/BCE: BE 0440.701.583

Lifetime

19 annual accounts with figures on one time axis, 35 filings since 1991
peak €31,891 (2023)
€27,686previous year 18 months
lowest -€44,705 (2024)
-€6,983previous year 18 months
peak €129,485 (2007)
-€47,210▼ €6,983
€1.3m▼ 2.1%
Board5 names since 2019
4 directors and 3 others
Documentsfilings and deeds
30-06-202631 days before the deadline
2025micro format
Loss of €6,983Equity from -€40,226 to -€47,210Cash from €34,208 to €17,654

Key points

from the 2025 annual accounts

Equity

-€47,210
202020212022202320242025

Debts exceed assets in financial year 2025.

Losses

-€162,557 in eleven years
201520162017201820192020202120222023-44,7052024-6,9832025

Every financial year from 2015 to 2025 closed with a loss. 2024 was the heaviest.

Debts

€1.3m 104% of the balance sheet

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,240 companies had the same profile as FREKA has now. Each dot stands for 4 companies, two years later.

92.7%
were still trading
4.0%
stopped another way
1.9%
went bankrupt
  • Small
  • 20 years or older
  • negative equity
  • a small loss

Another 1.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,240 companies, not a prediction for FREKA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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

Signals

Board and ownership

Chair
Managing director
Director
Director
Board & ownership

Recent changes

2 directors appointed, 2 reappointments Appointments: and (chair of the board) · Reappointments: and · General meeting of 16-02-2024 · Gazette deed
Reappointments: (director) and (managing director) General meeting of 02-12-2019 · Gazette deed
Incorporation published on 23-05-1990 · Gazette deed
All 42 events

Official details

Source: KBO
Status
Active since 26-04-1990Normal situation
Activity
No activity registered in the KBO
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2025

≈ €110,000estimated
€1.2m▼ 2.7%
Filing
Filed on 30-06-2026, 31 days before the end of the filing period
Financials

Insights on FREKA

FREKA files the micro format. That format states no turnover. The gross margin rose from €24,951 in 2007 to €27,686 in 2025.

The balance sheet grew most from 2008 to 2010 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about FREKA

What is the company number of FREKA?
The company number of FREKA is 0440.701.583. The VAT number is the same number with BE in front: BE 0440.701.583.
Where is FREKA based?
The registered office is at Constitutiestraat 90, 2060 Antwerp.Company details
What is the legal form of FREKA?
FREKA is a public limited company (NV).
When was FREKA founded?
FREKA was founded on 26-04-1990.
Is FREKA still active?
Yes, FREKA is an active enterprise in the KBO register.
What is the turnover of FREKA?
The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €27,686 and 2,936 comparable companies of the same size. It probably lies between €67,000 and €200,000. It is a rough estimate.Financials
Is FREKA profitable?
In financial year 2025, FREKA made a loss of €6,983.
Where can I find the annual accounts of FREKA?
FREKA filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FREKA due?
FREKA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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