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FRELIEN

Active
Private limited companyfounded 2023active for 3 yearsHoutbriel 17, 9140 Temse, BelgiumKBO/BCE: BE 0805.529.867

From the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of FRELIEN is 6.8% (elevated). The 2025 annual accounts show equity of €43,106 and a net result of €33,106. Its solvency ranks better than 81% of 1,179 sector peers (NACE 52, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

2025 annual accounts filed late (29 days) Filed on 29 November 2025, deadline 31 October 2025 (7 months after the close on 31 March 2025, Companies Code art. 3:10). Source: NBB, 2025-00573013.

Latest annual accounts filed

Annual accounts 2025

Download PDF
Financial year ended
31-03-2025
Filed on
29-11-2025
Format
micro format
Reference
2025-00573013
Turnover
≈ €180,000
Estimated: probably between €110,000 and €330,000
Total assets
€55,316
Net result
€33,106
Working capital
€43,106

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Equity and liabilities €55,316
Equity €43,106
Debt €12,210
Debt finances 22.1% of the balance-sheet total.
Key figures and ratios
2025 value
Current ratio
4.53
Debt to equity
0.28
ROE
76.8%
ROA
59.8%
Debt ≤ 1 year
€12,210
Income taxes
€11,035

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.9% still going

For this company itself Checked computes a higher bankruptcy probability: 6.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 23 lines

Source: Annual accounts 2025 (PDF), filed with the National Bank on 29-11-2025.

Balance sheet Code2025
Assets
Total assets20/58€55,316
Current assets29/58€55,316
Amounts receivable within one year40/41€55,316
Trade receivables40€48,000
Other amounts receivable41€7,316
Equity and liabilities
Total equity and liabilities10/49€55,316
Equity10/15€43,106
Contributions10/11€10,000
Profit (loss) carried forward14€33,106
Amounts payable17/49€12,210
Amounts payable within one year42/48€12,210
Trade debts44€1,174
Suppliers440/4€1,174
Taxes, remuneration and social security45€11,035
Taxes450/3€11,035
Income statement Code2025
Other operating charges640/8€809
Gross operating margin9900€44,951
Operating profit (loss)9901€44,142
Profit (loss) for the period before taxes9903€44,142
Income taxes67/77€11,035
Profit (loss) for the period9904€33,106
Profit (loss) for the period to be appropriated9905€33,106
Appropriation of the result
Profit (loss) to be appropriated9906€33,106

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the filed accounts (PDF).

Line2025
Other operating charges640/8€809
Gross operating margin9900€44,951
Operating profit (loss)9901€44,142
Profit (loss) for the period before taxes9903€44,142
Income taxes67/77€11,035
Profit (loss) for the period9904€33,106
Profit (loss) for the period to be appropriated9905€33,106
Line2025
Assets
Total assets20/58€55,316
Current assets29/58€55,316
Amounts receivable within one year40/41€55,316
Trade receivables40€48,000
Other amounts receivable41€7,316
Equity and liabilities
Total equity and liabilities10/49€55,316
Equity10/15€43,106
Contributions10/11€10,000
Profit (loss) carried forward14€33,106
Amounts payable17/49€12,210
Amounts payable within one year42/48€12,210
Trade debts44€1,174
Suppliers440/4€1,174
Taxes, remuneration and social security45€11,035
Taxes450/3€11,035
Line2025
Profit (loss) for the period9904€33,106
Operating cash flow (approximation)€33,106

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-03-2025 micro format 29-11-2025 2025-00573013 PDF

Similar companies · same sector, comparable size

Of the 1,689 active companies whose main activity is service activities incidental to land transportation (NACE 52210), figures are known for 781. 526 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.