FREPI
ActiveSummary
FREPI has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €122,808 and a net result of €14,134. Equity is growing by ~4.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.0% (low).
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Signals
This company filed its last 6 accounts on average 42 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
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Peer companies
Historical observationOf the 3,980 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 96% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.0% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 3,980 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.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €35,918 | €37,854 | €34,587 | €35,459 | €33,517 | ▼ 5.5% |
| Other operating charges640/8 | - | €6,158 | €5,218 | €6,762 | €5,996 | ▼ 11.3% |
| Non-recurring operating charges66A | - | - | - | €1,180 | - | - |
| Gross operating margin9900 | €39,975 | €54,072 | €50,573 | €36,380 | €51,592 | ▲ 41.8% |
| Operating profit (loss)9901 | -€1,879 | €10,061 | €10,768 | -€7,021 | €12,079 | ▲ 272% |
| Financial income75/76B | - | €3,655 | €3,976 | €3,587 | €3,948 | ▲ 10.1% |
| Recurring financial income75 | €3,626 | €3,655 | €3,976 | €3,587 | €3,948 | ▲ 10.1% |
| Financial charges65/66B | - | €8,286 | €2,794 | €2,703 | -€120 | ▼ 104% |
| Recurring financial charges65 | €10,849 | €8,286 | €2,794 | €2,703 | -€120 | ▼ 104% |
| Profit (loss) for the period before taxes9903 | -€9,102 | €5,430 | €11,950 | -€6,137 | €16,146 | ▲ 363% |
| Transfer from deferred taxes780 | - | €3,183 | €3,183 | €3,183 | €3,183 | = |
| Income taxes67/77 | -€116 | -€132 | - | €30 | €5,195 | ▲ 17,217% |
| Profit (loss) for the period9904 | -€5,803 | €8,745 | €15,132 | -€2,984 | €14,134 | ▲ 574% |
| Transfer from tax-exempt reserves789 | - | €6,181 | €6,181 | €6,181 | €6,181 | = |
| Profit (loss) for the period to be appropriated9905 | €377 | €14,925 | €21,313 | €3,196 | €20,314 | ▲ 536% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €499,701 | €481,313 | €465,051 | €465,915 | €435,481 | ▼ 6.5% |
| Fixed assets21/28 | €413,696 | €395,043 | €376,955 | €362,092 | €329,375 | ▼ 9.0% |
| Tangible fixed assets22/27 | €413,696 | €395,043 | €376,955 | €362,092 | €328,575 | ▼ 9.3% |
| Land and buildings22 | - | €393,877 | €376,132 | €360,152 | €327,288 | ▼ 9.1% |
| Plant, machinery and equipment23 | - | - | - | €1,460 | €1,148 | ▼ 21.3% |
| Furniture and vehicles24 | - | €1,165 | €823 | €480 | €138 | ▼ 71.3% |
| Financial fixed assets28 | - | - | - | - | €800 | - |
| Current assets29/58 | €86,005 | €86,271 | €88,095 | €103,823 | €106,107 | ▲ 2.2% |
| Amounts receivable within one year40/41 | €62,405 | €65,829 | €64,491 | €66,569 | €72,189 | ▲ 8.4% |
| Trade receivables40 | - | €655 | €370 | €4,406 | €4,406 | = |
| Other amounts receivable41 | - | €65,174 | €64,121 | €62,163 | €67,783 | ▲ 9.0% |
| Current investments50/53 | €8,782 | €9,126 | €8,302 | €7,890 | €9,380 | ▲ 18.9% |
| Cash at bank and in hand54/58 | €14,530 | €11,013 | €14,983 | €29,000 | €24,137 | ▼ 16.8% |
| Deferred charges and accrued income490/1 | - | €303 | €320 | €364 | €400 | ▲ 10.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €499,701 | €481,313 | €465,051 | €465,915 | €435,481 | ▼ 6.5% |
| Equity10/15 | €87,782 | €96,526 | €111,659 | €108,674 | €122,808 | ▲ 13.0% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €121,809 | €115,628 | €109,447 | €103,266 | €97,086 | ▼ 6.0% |
| Tax-exempt reserves132 | - | €115,628 | €109,447 | €103,266 | €97,086 | ▼ 6.0% |
| Profit (loss) carried forward14 | -€40,227 | -€25,302 | -€3,989 | -€792 | €19,522 | ▲ 2,564% |
| Provisions and deferred taxes16 | €62,722 | €59,539 | €56,357 | €53,174 | €49,992 | ▼ 6.0% |
| Deferred taxes168 | - | €59,539 | €56,357 | €53,174 | €49,992 | ▼ 6.0% |
| Amounts payable17/49 | €349,198 | €325,248 | €297,035 | €304,066 | €262,682 | ▼ 13.6% |
| Amounts payable after more than one year17 | €300,081 | €276,311 | €252,629 | €228,041 | €211,046 | ▼ 7.5% |
| Financial debts170/4 | - | €276,311 | €252,629 | €228,041 | €211,046 | ▼ 7.5% |
| Amounts payable within one year42/48 | €47,002 | €46,759 | €43,408 | €69,659 | €49,659 | ▼ 28.7% |
| Current portion of amounts payable after more than one year42 | - | €25,028 | €25,034 | €25,893 | €18,356 | ▼ 29.1% |
| Trade debts44 | €1,617 | €197 | €425 | €23,524 | €4,691 | ▼ 80.1% |
| Suppliers440/4 | - | €197 | €425 | €23,524 | €4,691 | ▼ 80.1% |
| Taxes, remuneration and social security45 | - | - | - | - | €5,000 | - |
| Taxes450/3 | - | - | - | - | €5,000 | - |
| Other amounts payable47/48 | - | €21,534 | €17,949 | €20,243 | €21,613 | ▲ 6.8% |
| Accrued charges and deferred income492/3 | - | €2,178 | €998 | €6,366 | €1,977 | ▼ 68.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,803 | €8,745 | €15,132 | -€2,984 | €14,134 | ▲ 574% |
| + Depreciation and write-downs630 | €35,918 | €37,854 | €34,587 | €35,459 | €33,517 | ▼ 5.5% |
| Operating cash flow (approximation) | €30,114 | €46,598 | €49,719 | €32,475 | €47,651 | ▲ 46.7% |
| Investment in fixed assets (approximation) | - | -€19,200 | -€16,499 | -€20,596 | -€800 | ▲ 96.1% |
| Change in cash | - | -€3,517 | €3,970 | €14,018 | -€4,863 | ▼ 135% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
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About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62813E0041/00C004 | Wallonia | 56 m² | 1 · 51 m² | 14.1 m · 4 fl. |
| 62808A0856/00E002 | Wallonia | 43 m² | 1 · 35 m² | - |
Linked by address, not proof of ownership
Recognitions · licences · registrations
Legal Entity Identifier
Identification & contact
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Register as of 28 September 2026 · Peppol Directory
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