FRELUC (0860.060.495): financials and annual accounts

FRELUC

Ixelles ·KBO/BCE: BE 0860.060.495

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Balance sheet: assets
Total assets`20/58`	28,488	44,386	40,665	44,390	36,570	48,082	54,665	58,599	48,510	58,359	61,964	59,333	53,262	36,616	26,723	34,197	33,030	35,925	40,000
Fixed assets`21/28`	9,197	8,530	8,300	7,721	11,352	14,984	11,935	16,187	9,381	6,863	5,676	8,426	8,919	11,223	11,042	15,964	21,722	25,499	29,697
Tangible fixed assets`22/27`	9,072	8,405	8,175	7,596	11,227	14,859	11,810	16,062	9,256	6,738	5,551	8,301	8,794	11,098	10,917	15,839	21,597	25,374	29,572
Plant, machinery and equipment`23`	5,209	3,298	1,824	-	2,108	4,215	7,287	10,555	3,826	5,528	3,698	5,807	5,655	7,041	3,126	1,947	3,380	4,623	3,167
Furniture and vehicles`24`	-	-	-	-	280	560	840	1,120	-	-	-	-	-	-	-	-	-	-	-
Other tangible fixed assets`26`	3,863	5,107	6,351	7,596	8,840	10,084	3,683	4,387	5,430	1,211	1,853	2,494	3,139	4,057	7,791	13,892	18,217	20,751	26,406
Financial fixed assets`28`	125	125	125	125	125	125	125	125	125	125	125	125	125	125	125	125	125	125	125
Current assets`29/58`	19,291	35,856	32,365	36,670	25,218	33,098	42,731	42,412	39,129	51,495	56,288	50,907	44,343	25,393	15,681	18,233	11,308	10,425	10,302
Amounts receivable within one year`40/41`	1,161	978	782	2,344	2,391	6,479	5,529	4,524	11,142	3,422	2,175	2,876	1,408	1,264	1,622	947	737	2,763	816
Trade receivables`40`	1,016	854	782	648	2,391	-	264	100	7,632	954	1,338	-	319	430	497	264	555	-	-
Other amounts receivable`41`	145	124	-	1,696	-	6,479	5,265	4,424	3,510	2,469	837	2,876	1,090	833	1,125	683	182	2,763	816
Cash at bank and in hand`54/58`	13,423	34,180	27,084	30,235	22,577	22,843	34,384	33,838	24,373	44,459	50,555	44,474	40,577	21,816	11,801	15,063	8,348	5,528	7,374
Deferred charges and accrued income`490/1`	4,707	698	4,499	4,090	250	3,776	2,817	4,050	3,614	3,614	3,557	3,557	2,358	2,313	2,257	2,223	2,223	2,135	2,113
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	28,488	44,386	40,665	44,390	36,570	48,082	54,665	58,599	48,510	58,359	61,964	59,333	53,262	36,616	26,723	34,197	33,030	35,925	40,000
Equity`10/15`	20,219	36,437	37,263	39,247	31,248	45,395	54,084	55,565	48,510	57,966	60,382	57,402	51,681	34,716	24,580	31,340	32,200	32,947	31,900
Contributions`10/11`	30,000	30,000	30,000	30,000	30,000	-	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000
Issued capital`100`	-	-	-	-	-	-	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000
Contributions outside capital`11`	-	-	-	-	-	30,000	-	-	-	-	-	-	-	-	-	-	-	-	-
Share premium`1100/10`	-	-	-	-	-	30,000	-	-	-	-	-	-	-	-	-	-	-	-	-
Reserves`13`	3,000	6,437	7,263	9,247	3,000	15,395	24,084	25,565	18,510	27,966	30,382	27,402	21,681	11,993	11,993	11,993	11,993	11,993	11,993
Non-distributable reserves`130/1`	-	-	3,000	3,000	3,000	3,000	-	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	-	-	-	-	-	-	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000
Reserves not available under the articles`1311`	-	-	3,000	3,000	3,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other`1319`	-	-	-	-	-	3,000	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributable reserves`133`	3,000	6,437	4,263	6,247	-	12,395	21,084	22,565	15,510	24,966	27,382	24,402	18,681	8,993	8,993	8,993	8,993	8,993	8,993
Profit (loss) carried forward`14`	-12,781	-	-	-	-1,752	-	-	-	-	-	-	-	-	-7,277	-17,413	-10,653	-9,793	-9,045	-10,093
Amounts payable`17/49`	8,269	7,949	3,402	5,144	5,322	2,687	582	3,034	-	393	1,581	1,931	1,580	1,900	2,142	2,857	830	2,977	8,100
Amounts payable within one year`42/48`	3,269	3,275	540	605	1,464	676	582	3,034	-	393	1,581	606	1,580	1,900	1,520	2,463	436	2,675	7,795
Current portion of amounts payable after more than one year`42`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,985
Trade debts`44`	777	921	270	605	291	361	582	2,977	-	393	881	387	1,201	1,900	1,520	2,463	436	2,675	2,810
Suppliers`440/4`	777	921	270	605	291	361	582	2,977	-	393	881	387	1,201	1,900	1,520	2,463	436	2,675	2,810
Taxes, remuneration and social security`45`	-	-	270	-	823	-	-	-	-	-	701	218	379	-	-	-	-	-	-
Taxes`450/3`	-	-	270	-	823	-	-	-	-	-	701	218	379	-	-	-	-	-	-
Other amounts payable`47/48`	2,493	2,354	-	-	349	315	-	57	-	-	-	-	-	-	-	-	-	-	-
Accrued charges and deferred income`492/3`	5,000	4,674	2,862	4,539	3,858	2,011	-	-	-	-	-	1,325	-	-	622	394	394	302	304
Income statement
Gross operating margin`9900`	-11,393	4,459	1,262	13,221	-9,144	-2,945	4,343	14,050	-5,748	2,129	8,146	11,890	21,334	17,331	1,166	7,625	7,759	9,743	29,153
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	2,558	1,985	1,310	3,632	3,632	4,131	4,252	5,132	2,744	3,633	3,390	3,196	3,016	6,266	7,343	7,534	7,604	7,895	35,808
Other operating charges`640/8`	1,305	2,383	1,190	983	915	1,100	1,088	763	561	557	731	553	640	636	303	852	725	619	2,664
Operating profit (loss)`9901`	-15,256	90	-1,239	8,607	-13,691	-8,175	-997	8,155	-9,053	-2,060	4,024	8,140	17,678	10,430	-6,480	-761	-570	1,229	-9,319
Financial income`75/76B`	-	5	20	-	0	20	43	2	-	2	-	20	4	9	15	5	5	18	30
Recurring financial income`75`	-	5	20	-	0	20	43	2	-	2	-	20	4	9	15	5	5	18	30
Financial charges`65/66B`	962	922	765	608	456	534	528	1,101	403	358	344	315	336	303	293	103	182	200	804
Recurring financial charges`65`	962	922	765	608	456	534	528	1,101	403	358	344	315	336	303	293	103	182	200	804
Profit (loss) for the period before taxes`9903`	-16,218	-826	-1,983	7,999	-14,147	-8,689	-1,482	7,056	-9,456	-2,417	3,681	7,845	17,346	10,136	-6,758	-860	-747	1,048	-10,093
Income taxes`67/77`	-	-	-	-	-	-	-	-	-	-	701	2,124	381	-	2	1	1	-	-
Profit (loss) for the period`9904`	-16,218	-826	-1,983	7,999	-14,147	-8,689	-1,482	7,056	-9,456	-2,417	2,980	5,721	16,965	10,136	-6,759	-860	-748	1,048	-10,093
Profit (loss) for the period to be appropriated`9905`	-16,218	-826	-1,983	7,999	-14,147	-8,689	-1,482	7,056	-9,456	-2,417	2,980	5,721	16,965	10,136	-6,759	-860	-748	1,048	-10,093
Appropriation of the result
Profit (loss) to be appropriated`9906`	-16,218	-826	-1,983	6,247	-14,147	-8,689	-1,482	7,056	-9,456	-2,417	2,980	5,721	9,688	-7,277	-17,413	-10,653	-9,793	-9,045	-10,093
Profit (loss) brought forward from the previous period`14P`	-	-	-	-1,752	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer from equity`791/2`	3,437	826	1,983	-	12,395	8,689	1,482	-	9,456	2,417	-	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	-	-	-	6,247	-	-	-	7,056	-	-	2,980	5,721	9,688	-	-	-	-	-	-
To other reserves`6921`	-	-	-	6,247	-	-	-	7,056	-	-	2,980	5,721	9,688	-	-	-	-	-	-
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Financial year	Type	Filed	Reference	Document
30-06-2025	micro format	29-01-2026	2026-00023889	PDF
30-06-2024	micro format	29-01-2025	2025-00016614	PDF
30-06-2023	micro format	25-01-2024	2024-00008299	PDF
30-06-2022	micro format	24-01-2023	2023-00002669	PDF
30-06-2021	micro format	28-01-2022	2022-03200081	PDF
30-06-2020	micro format	22-01-2021	2021-01400253	PDF
30-06-2019	micro format	08-01-2020	2020-00600086	PDF
30-06-2018	micro format	03-01-2019	2019-00300321	PDF
30-06-2017	abbreviated format	05-01-2018	2018-00300456	PDF
30-06-2016	abbreviated format	06-01-2017	2017-00400261	PDF
30-06-2015	abbreviated format	04-01-2016	2016-00100255	PDF
30-06-2014	abbreviated format	08-01-2015	2015-00500514	PDF
30-06-2013	abbreviated format	07-01-2014	2014-00200566	PDF
30-06-2012	abbreviated format	04-01-2013	2013-00100587	PDF
30-06-2011	abbreviated format	09-01-2012	2012-00600072	PDF
30-06-2010	abbreviated format	05-01-2011	2011-00400197	PDF
30-06-2009	abbreviated format	12-01-2010	2010-01100390	PDF
30-06-2008	abbreviated format	06-01-2009	2009-00400369	PDF
30-06-2007	abbreviated format	08-01-2008	2008-00800283	PDF
30-06-2006	abbreviated format	05-02-2007	2007-04202911	PDF
30-06-2005	abbreviated format	06-01-2006	2006-00503380	PDF
30-06-2004	abbreviated format	05-01-2005	2005-00301100	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
EBITDA	-12,698	2,076	72	12,238	-10,059	-4,045	3,255	13,286	-6,309	1,572	7,414	11,336	20,694	16,695	863	6,773	7,034	9,124	26,488
Cash flow	-13,660	1,159	-673	11,630	-10,515	-4,558	2,771	12,187	-6,712	1,216	6,370	8,917	19,981	16,401	584	6,674	6,856	8,943	25,714
Investment in fixed assets (approximation)	3,226	2,215	1,890	0	0	7,180	0	11,938	5,262	4,820	640	2,703	712	6,447	2,422	1,776	3,826	3,697	5,472
Change in cash	-20,757	7,096	-3,151	7,659	-266	-11,541	546	9,465	-20,086	-6,096	6,082	3,897	18,760	10,015	-3,262	6,715	2,820	-1,846	-
Working capital	16,022	32,581	31,825	36,065	23,754	32,421	42,149	39,378	-	51,102	54,706	50,302	42,762	23,493	14,160	15,770	10,872	7,751	2,507
Solvency	71.0%	82.1%	91.6%	88.4%	85.4%	94.4%	98.9%	94.8%	100.0%	99.3%	97.4%	96.7%	97.0%	94.8%	92.0%	91.6%	97.5%	91.7%	79.8%
Current ratio	5.90	10.95	59.94	60.63	17.23	48.95	73.46	13.98	-	-	35.59	84.06	28.06	13.37	10.32	7.40	25.93	3.90	1.32
Debt to equity	0.41	0.22	0.09	0.13	0.17	0.06	0.01	0.05	-	0.01	0.03	0.03	0.03	0.05	0.09	0.09	0.03	0.09	0.25
ROE	-80.2%	-2.3%	-5.3%	20.4%	-45.3%	-19.1%	-2.7%	12.7%	-19.5%	-4.2%	4.9%	10.0%	32.8%	29.2%	-27.5%	-2.7%	-2.3%	3.2%	-31.6%
ROA	-56.9%	-1.9%	-4.9%	18.0%	-38.7%	-18.1%	-2.7%	12.0%	-19.5%	-4.1%	4.8%	9.6%	31.9%	27.7%	-25.3%	-2.5%	-2.3%	2.9%	-25.2%
Interest coverage	-13.20	2.25	0.09	20.13	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Item	30-06-2025	30-06-2024	30-06-2023	30-06-2022
Tangible fixed assets	€3,226	€2,215	€1,890	-
Depreciation and write-downs of the year	€2,558	€1,985	€1,310	€3,632

FRELUC

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency71.0%

Current ratio5.90

Return on assets-56.9%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on FRELUC

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