FRELIJA
ActiveFRELIJA has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €164k and a net result of €199k. Equity is growing by ~48% per year across the filed fiscal years. Its solvency ranks better than 37% of 9623 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency53▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity tight (current ratio 1.21 against 1.28 in 2023; short-term debt: 69.6% and cash: 41.9% of total assets), and 72.2% 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.
−lowers risk+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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-06-2025, 42 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
42 d early
2023
14 d early
2022
55 d early
2021
13 d early
2020
52 d early
2019
37 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€164k▲ 0.3%
2023 · €164k
2018: €7k
2019: €59k
2020: €95k
2021: €45k
2022: €110k
2023: €164k
2018 → 2024
Total assets
€590k▼ 7.1%
2023 · €634k
2018: €348k
2019: €317k
2020: €542k
2021: €568k
2022: €593k
2023: €634k
2018 → 2024
Net result
€199k▼ 3.8%
2023 · €206k
2018: €11k
2019: €52k
2020: €36k
2021: €95k
2022: €142k
2023: €206k
2018 → 2024
Working capital
€85k▼ 24.4%
2023 · €112k
2018: €34k
2019: €69k
2020: €92k
2021: €44k
2022: €87k
2023: €112k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€95k-€45k▼ 52.7%€110k▲ 146%€164k▲ 48.0%€164k▲ 0.3%
Operating result€51k-€125k▲ 144%€193k▲ 54.2%€276k▲ 42.9%€267k▼ 3.4%
Net result€36k-€95k▲ 163%€142k▲ 49.7%€206k▲ 45.4%€199k▼ 3.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 3% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €590k
Fixed assets
€94k▼ 19.8%
Current assets
€495k▼ 4.2%
Equity and liabilities €590k
Equity
€164k▲ 0.3%
Debt
€425k▼ 9.6%
The debt ratio falls from 74.2% to 72.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€302k▼
2023 · €312k
Cash flow
€234k▼
2023 · €242k
Solvency
27.8%▲
2023 · 25.8%
Current ratio
1.21▼
2023 · 1.28
Quick ratio
0.71▼
2023 · 0.85
Debt / equity
2.59▼
2023 · 2.88
ROE
121.0%▼
2023 · 126.2%
ROA
33.7%▲
2023 · 32.5%
Interest coverage
52.19▼
2023 · 71.02
Debt
€425k▼
2023 · €471k
Debt ≤ 1 year
€410k▲
2023 · €404k
Debt > 1 year
€15k▼
2023 · €66k
Income taxes
€63k▼
2023 · €66k
Staff costs
€272k▼
2023 · €280k
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€634k€590k▼
Fixed assets21/28€118k€94k▼
Tangible fixed assets22/27€118k€94k▼
Land and buildings22€51k€48k▼
Plant, machinery and equipment23€58k€27k▼
Other tangible fixed assets26€8k€19k▲
Current assets29/58€517k€495k▼
Stocks and contracts in progress3€173k€203k▲
Stocks30/36€173k€203k▲
Amounts receivable within one year40/41€39k€39k▼
Trade receivables40€28k€26k▼
Other amounts receivable41€12k€13k▲
Cash at bank and in hand54/58€299k€247k▼
Deferred charges and accrued income490/1€5k€6k▲
Equity and liabilities
Total equity and liabilities10/49€634k€590k▼
Equity10/15€164k€164k▲
Contributions10/11€30k€30k=
Reserves13€0-
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Profit (loss) carried forward14€134k€134k▲
Amounts payable17/49€471k€425k▼
Amounts payable after more than one year17€66k€15k▼
Financial debts170/4€66k€15k▼
Amounts payable within one year42/48€404k€410k▲
Current portion of amounts payable after more than one year42€56k€51k▼
Trade debts44€157k€114k▼
Suppliers440/4€157k€114k▼
Taxes, remuneration and social security45€97k€68k▼
Taxes450/3€45k€19k▼
Remuneration and social security454/9€51k€48k▼
Other amounts payable47/48€95k€177k▲
Income statement
Code20232024
Non-recurring operating income76A€3k€3k=
Remuneration, social security and pensions62€280k€272k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€35k▼
Other operating charges640/8€4k€3k▼
Gross operating margin9900€596k€578k▼
Operating profit (loss)9901€276k€267k▼
Financial income75/76B€618€118▼
Recurring financial income75€618€118▼
Financial charges65/66B€4k€6k▲
Recurring financial charges65€4k€6k▲
Profit (loss) for the period before taxes9903€273k€261k▼
Income taxes67/77€66k€63k▼
Profit (loss) for the period9904€206k€199k▼
Profit (loss) for the period to be appropriated9905€206k€199k▼
Appropriation of the result
Profit (loss) to be appropriated9906€287k€332k▲
Profit (loss) brought forward from the previous period14P€80k€134k▲
Profit to be distributed694/7€153k€198k▲
Return on contributions (dividend)694€153k€198k▲
Social balance
Average headcount (FTE)90877.96.8▼
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €206k ▲45.4%
Operating result €276k, net result €206k, both a record.
31-12
Financial
Equity above €150kEq €164k ▲48%
6 profitable years in a row build equity to €164k.
06-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €100kEq €110k ▲146%
5 profitable years in a row build equity to €110k.
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
09-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
08-06
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
2 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, Bredene · 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.
Fritz Vinckelaan 78-808450 BredeneGround area
1,374 m²
Building footprint
1,393 m²
Volume, LiDAR
10,383 m³
Parcel 35002B0675/00M002, Flanders · tallest building 16.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SPAR BREDENE
since 20152.241.488.569
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35002B0675/00M002 | Flanders | 1,374 m² | 1 · 1,393 m² | 16.0 m · 1 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
2023 · 1 entry · 500 EUR awarded · 500 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 500 EUR | 500 EUR |
Schemes
Stagebonus (stopgezet)
Recognitions · licences · registrations
Food safety, FASFC
1 siteBredene2.241.488.569
Dual-learning approval
1 endedSimilar companies · same sector, comparable size
DD Retail
BE 0805.959.736
Kortemark · Eq €164k
nec +
BE 0448.215.125
Overijse · Eq €164k
RS Astrid 27
BE 0544.849.394
Antwerpen · Eq €164k
B & A
BE 0638.970.177
Brugge · Eq €164k
DOGAL SEPET
BE 1002.566.660
Gent · Eq €165k
Of 10,525 companies in sector 47110 we hold annual accounts for 5,860. 4,389 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-03-2015
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47114Supermarkets
47115Retail trade
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.