FREPINELJO
ActiveSummary
FREPINELJO has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€162,200) and a net result of -€68,932. Equity has been shrinking by about 35% per year since 2018. Its solvency ranks better than 21% of 516 sector peers (NACE 55, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 01-02-1991 Normal situation
- Activity
- Hotels and similar accommodation NACE 55100and 3 others
- Establishment units
- 2.051.715.591 2400 Mol, since 26-02-1991
- 2.309.684.123 2000 Antwerpen, since 13-11-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 25-09-2024
Board and ownership
Board
- Gelens NellyManaging director
- Robert JozefManaging director
- Robert FréderiqueDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.2%
Annual accounts 2025
- Gross margin
- €402,088
- ▲ 49.9%
- Turnover
- ≈ €790,000
- estimated
- Loss
- €68,932
- ▼ 46.3%
- Equity
- -€162,200
- ▼ 73.9%
- Total assets
- €5.7m
- ▲ 27.5%
- Staff
- 4.6 FTE
- ▲ 43.8%
- Negative equity on 31-12-2025
- 2025 accounts filed 72 days after the deadline
Score breakdownraises riskCapped at 59: negative equityNegative equity -€162,200Liquidity: current ratio 2.26, cash €194,128Last filed accounts filed 72 days late; 1 of the last 3 accounts latelowers riskFounded in 1991Show the evidence
Checked score
Score 2025
55
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 39% of micro companies in accommodation (NACE 55)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Average
Solvency
22-1
equity -2.9% of total assets
Liquidity
54+1
short-term debt 1.7% · cash 3.4%
Profitability
67+2
return on assets -1.2%
Bankruptcy probability within 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%lowest value
01-2025: 0.1%● unchanged vs 12-2024lowest value
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.2%▲ +0.1 percentage points vs 06-2025
08-2025: 1.0%▲ +0.8 percentage points vs 07-2025
09-2025: 1.0%● unchanged vs 08-2025
10-2025: 1.0%● unchanged vs 09-2025
11-2025: 1.0%● unchanged vs 10-2025
12-2025: 1.0%● unchanged vs 11-2025
01-2026: 1.0%● unchanged vs 12-2025
02-2026: 1.0%● unchanged vs 01-2026
03-2026: 1.1%▲ +0.1 percentage points vs 02-2026
04-2026: 1.1%● unchanged vs 03-2026
05-2026: 1.1%● unchanged vs 04-2026
06-2026: 1.3%▲ +0.2 percentage points vs 05-2026
07-2026: 1.3%● unchanged vs 06-2026
08-2026: 1.8%▲ +0.5 percentage points vs 07-2026
09-2026: 2.1%▲ +0.3 percentage points vs 08-2026highest value
10-2026: 1.2%▼ -0.9 percentage points vs 09-2026
11-2026: 1.2%● unchanged vs 10-2026
No credit on open account
Liquidity is ample, with a current ratio of 2.26 (1.48 in 2024), above the usual 1.5. Short-term debt is 1.7% and cash 3.4% of total assets. However, equity is negative.
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 55, micro). It does better than 27% of them on solvency, 68% on liquidity, 54% on profitability and 8% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€162,200
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-10-2026, 72 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
72 days late
2024
1 day early
2023
41 days early
2022
32 days early
2021
48 days early
2020
24 days late
2019
25 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average on the deadline day. In the sector (NACE 55), the median for financial year 2024 was 1 day before the deadline, and 45% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 June (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, full format
2025 annual accounts filed 72 days after the deadline Filed on 11 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00553299.
Annual accounts 2025 filed on 11-10-2026 at the NBB all 35 filings
Turnover
≈ €790,000
Estimated: probably between €610,000 and €980,000
EBIT margin
Not included in this filing
Net result
-€68,932▲ 46.3%
2024 · -€128,422
Working capital
€122,298▲ 219%
2024 · €38,323
In the rankings
#2 company by total assets in Mol, Accommodation and food service sector#9 oldest company in Mol, Accommodation and food service sector
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€47,552
▲ 57.1%
2025
20182025
Net result
-€68,932
▲ 46.3%
2025
middle half of the sector
20182025
Equity
-€162,200
▼ 73.9%
2025
lowest quarter of the sector
20182025
Total assets
€5.7m
▲ 27.5%
2025
middle half of the sector
20182025
Debt
€5.8m
▲ 28.6%
2025
20182025
Working capital
€122,298
▲ 219%
2025
middle half of the sector
20182025
Solvency
-2.9%
▼ 0.8pp
2025
lowest quarter of the sector
20182025
Current ratio
2.26
▲ 0.77
2025
middle half of the sector
20182025
Return on assets (ROA)
-1.2%
▲ 1.7pp
2025
middle half of the sector
20182025
Staff (FTE)
4.6
▲ 43.8%
2025
lowest quarter of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.03m-€0.1m▲ 377%€0.02m▼ 85.1%-€0.01m-€0.006m▲ 50.4%-€0.04m▼ 588%-€0.1m▼ 150%-€0.05m▲ 57.1%
Net result€0.01m-€0.1m▲ 938%-€0.003mwithin the sector's middle half-€0.04mbelow the sector's middle half▼ 1,277%-€0.03mbelow the sector's middle half▲ 23.0%-€0.06mbelow the sector's middle half▼ 131%-€0.1mbelow the sector's middle half▼ 101%-€0.07mwithin the sector's middle half▲ 46.3%
Equity€0.06m-€0.2m▲ 161%€0.2mwithin the sector's middle half▼ 1.6%€0.1mwithin the sector's middle half▼ 22.1%€0.1mwithin the sector's middle half▼ 21.8%€0.04mwithin the sector's middle half▼ 64.5%-€0.09mbelow the sector's middle half-€0.2mbelow the sector's middle half▼ 73.9%
Total assets€2.3m-€2.4m▲ 3.6%€4.3mabove the sector's middle half▲ 81.3%€4.9mabove the sector's middle half▲ 14.3%€4.8mabove the sector's middle half▼ 1.2%€4.7mabove the sector's middle half▼ 2.8%€4.4mabove the sector's middle half▼ 5.3%€5.7mwithin the sector's middle half▲ 27.5%
Debt€2.2m-€2.2m▼ 1.8%€4.1m▲ 88.3%€4.7m▲ 15.8%€4.7m▼ 0.6%€4.6m▼ 1.5%€4.5m▼ 2.6%€5.8m▲ 28.6%
Working capital€0.03m-€0.09m▲ 183%-€0.1mwithin the sector's middle half€0.07mabove the sector's middle half€0.1mwithin the sector's middle half▲ 65.9%€0.2mwithin the sector's middle half▲ 75.0%€0.04mwithin the sector's middle half▼ 80.9%€0.1mwithin the sector's middle half▲ 219%
Solvency2.8%-7.0%▲ 4.2pp3.8%within the sector's middle half▼ 3.2pp2.6%within the sector's middle half▼ 1.2pp2.1%within the sector's middle half▼ 0.5pp0.8%below the sector's middle half▼ 1.3pp-2.1%below the sector's middle half▼ 2.9pp-2.9%below the sector's middle half▼ 0.8pp
Current ratio1.57-2.24▲ 0.670.46within the sector's middle half▼ 1.791.65within the sector's middle half▲ 1.192.08above the sector's middle half▲ 0.432.96above the sector's middle half▲ 0.881.48within the sector's middle half▼ 1.482.26within the sector's middle half▲ 0.77
Return on assets (ROA)0.4%-4.3%▲ 3.9pp-0.1%within the sector's middle half▼ 4.4pp-0.7%within the sector's middle half▼ 0.7pp-0.6%within the sector's middle half▲ 0.2pp-1.4%within the sector's middle half▼ 0.8pp-2.9%within the sector's middle half▼ 1.5pp-1.2%within the sector's middle half▲ 1.7pp
Staff (FTE)0.21.11.9below the sector's middle half▲ 72.7%3.2within the sector's middle half4.6below the sector's middle half▲ 43.8%
above
within
below
The sector band is the middle half of the companies in Accommodation (NACE 55). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a loss of €47,552, smaller than the loss of €110,964 in 2024.
The turnover shown is an estimate from the gross margin.
Staff figure correction
- 2025 The accounts state 173,521.1 FTE. That amounts to under EUR 100 of staff costs per FTE. The figure shown is 4.6 FTE (source: social balance report).
- 2024 The accounts state 110,848.3 FTE. That amounts to under EUR 100 of staff costs per FTE. The figure shown is 3.2 FTE (source: social balance report).
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.7m
Fixed assets
€5.4m ▲ 25.9%
Current assets
€219,551 ▲ 86.5%
Equity and liabilities
Equity-€162,200
Debt€5.8m
Equity is negative. Debt (€5.8m) exceeds the balance-sheet total (€5.7m).
Key figures and ratios
EBITDA
€228,447▲
2024 · €145,242
Cash flow
€207,067▲
2024 · €127,783
Quick ratio
2.13▲
2024 · 1.35
Interest coverage
10.20▲
2024 · 7.86
Debt ≤ 1 year
€97,253▲
2024 · €79,369
Debt > 1 year
€5.7m▲
2024 · €4.4m
Staff costs
€173,521▲
2024 · €121,841
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | - | - | - |
| full-time | 1 | - | - | - |
| in full-time equivalents | 1 | - | - | - |
| Average over the year, in full-time equivalents | 1.1 | 1.9 | 3.2 | 4.6 |
| On a permanent contract | 1 | - | - | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €661,857 | €143,070 | €35,847 | €192,029 | €1.4m |
| Depreciation and write-downs of the year | €134,535 | €247,659 | €254,288 | €256,206 | €275,999 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2023 · 1 entry · €2,000 awarded · €2,000 paidSchemes
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €37,275 | €59,898 | €92,442 | €121,841 | €173,521 | ▲ 42.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €123,737 | €127,239 | €130,075 | €134,535 | €247,659 | €254,288 | €256,206 | €275,999 | ▲ 7.7% |
| Other operating charges640/8 | - | - | - | €11,583 | €14,961 | €2,005 | €1,229 | €120 | ▼ 90.2% |
| Gross operating margin9900 | €161,120 | €277,570 | €182,283 | €170,402 | €316,076 | €304,435 | €268,312 | €402,088 | ▲ 49.9% |
| Operating profit (loss)9901 | €29,125 | €138,909 | €20,707 | -€12,992 | -€6,443 | -€44,300 | -€110,964 | -€47,552 | ▲ 57.1% |
| Financial charges65/66B | - | - | - | €23,907 | €22,219 | €20,462 | €18,473 | €22,395 | ▲ 21.2% |
| Recurring financial charges65 | €19,302 | €17,713 | €24,327 | €23,907 | €22,219 | €20,462 | €18,473 | €22,395 | ▲ 21.2% |
| Profit (loss) for the period before taxes9903 | €9,822 | €121,197 | -€3,621 | -€36,899 | -€28,662 | -€64,761 | -€129,438 | -€69,947 | ▲ 46.0% |
| Transfer from deferred taxes780 | - | - | - | €1,015 | €1,015 | €1,015 | €1,015 | €1,015 | = |
| Profit (loss) for the period9904 | €9,822 | €101,910 | -€2,606 | -€35,884 | -€27,647 | -€63,746 | -€128,422 | -€68,932 | ▲ 46.3% |
| Transfer from tax-exempt reserves789 | - | - | - | €3,961 | €3,961 | €3,961 | €3,961 | €3,961 | = |
| Profit (loss) for the period to be appropriated9905 | €9,822 | €26,654 | €1,355 | -€31,923 | -€23,686 | -€59,785 | -€124,462 | -€64,971 | ▲ 47.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €2.3m | €2.4m | €4.3m | €4.9m | €4.8m | €4.7m | €4.4m | €5.7m | ▲ 27.5% |
| Fixed assets21/28 | €2.2m | €2.2m | €4.2m | €4.7m | €4.6m | €4.4m | €4.3m | €5.4m | ▲ 25.9% |
| Tangible fixed assets22/27 | €2.2m | €2.2m | €4.2m | €4.7m | €4.6m | €4.4m | €4.3m | €5.4m | ▲ 25.9% |
| Land and buildings22 | - | - | - | €4.7m | €4.6m | €4.4m | €4.3m | €5.4m | ▲ 26.1% |
| Plant, machinery and equipment23 | - | - | - | €0.01m | €0.01m | €0.01m | €0.009m | €0.008m | ▼ 5.5% |
| Furniture and vehicles24 | - | - | - | €0.03m | €0.02m | €0.01m | €0.005m | - | - |
| Current assets29/58 | €0.09m | €0.2m | €0.09m | €0.2m | €0.2m | €0.3m | €0.1m | €0.2m | ▲ 86.5% |
| Stocks and contracts in progress3 | - | - | - | €0.005m | €0.006m | €0.004m | €0.01m | €0.01m | ▲ 13.2% |
| Stocks30/36 | - | - | - | €0.005m | €0.006m | €0.004m | €0.01m | €0.01m | ▲ 13.2% |
| Amounts receivable within one year40/41 | €0.03m | €0.03m | €0.04m | €0.1m | €0.05m | €0.02m | €0.006m | €0.01m | ▲ 123% |
| Trade receivables40 | - | - | - | €0.002m | €0.02m | €0.009m | €0.004m | €0.002m | ▼ 48.5% |
| Other amounts receivable41 | - | - | - | €0.1m | €0.02m | €0.01m | €0.002m | €0.01m | ▲ 380% |
| Cash at bank and in hand54/58 | €0.06m | €0.1m | €0.05m | €0.06m | €0.07m | €0.07m | €0.1m | €0.2m | ▲ 92.2% |
| Deferred charges and accrued income490/1 | - | - | - | - | €0.1m | €0.2m | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €2.3m | €2.4m | €4.3m | €4.9m | €4.8m | €4.7m | €4.4m | €5.7m | ▲ 27.5% |
| Equity10/15 | €0.06m | €0.2m | €0.2m | €0.1m | €0.1m | €0.04m | -€0.09m | -€0.2m | ▼ 73.9% |
| Contributions10/11 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Capital10 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Issued capital100 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Reserves13 | €0.006m | €0.08m | €0.08m | €0.07m | €0.07m | €0.07m | €0.06m | €0.06m | ▼ 6.4% |
| Non-distributable reserves130/1 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Legal reserve130 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Tax-exempt reserves132 | - | - | - | €0.07m | €0.06m | €0.06m | €0.06m | €0.05m | ▼ 7.1% |
| Profit (loss) carried forward14 | -€0.005m | €0.02m | €0.02m | -€0.009m | -€0.03m | -€0.09m | -€0.2m | -€0.3m | ▼ 30.0% |
| Provisions and deferred taxes16 | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.01m | €0.01m | ▼ 7.1% |
| Deferred taxes168 | - | - | - | €0.02m | €0.02m | €0.02m | €0.01m | €0.01m | ▼ 7.1% |
| Amounts payable17/49 | €2.2m | €2.2m | €4.1m | €4.7m | €4.7m | €4.6m | €4.5m | €5.8m | ▲ 28.6% |
| Amounts payable after more than one year17 | €2.2m | €2.1m | €3.9m | €4.6m | €4.6m | €4.5m | €4.4m | €5.7m | ▲ 28.5% |
| Financial debts170/4 | - | - | - | €1.2m | €1.1m | €1.0m | €0.9m | €1.3m | ▲ 44.1% |
| Other amounts payable178/9 | - | - | - | €3.4m | €3.5m | €3.6m | €3.5m | €4.4m | ▲ 24.5% |
| Amounts payable within one year42/48 | €0.05m | €0.07m | €0.2m | €0.1m | €0.1m | €0.1m | €0.08m | €0.1m | ▲ 22.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.1m | €0.1m | €0.1m | €0.07m | €0.1m | ▲ 29.5% |
| Trade debts44 | €0.002m | €0.001m | €0.09m | €0.002m | €0.001m | €0.001m | €0.002m | - | - |
| Suppliers440/4 | - | - | - | €0.002m | €0.001m | €0.001m | €0.002m | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.002m | - | - | €0.003m | €0.001m | ▼ 75.8% |
| Taxes450/3 | - | - | - | - | - | - | - | €0.001m | - |
| Remuneration and social security454/9 | - | - | - | €0.002m | - | - | €0.003m | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €0.001m | - | - | €0.005m | €0.01m | ▲ 180% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.01m | €0.1m | -€0.003m | -€0.04m | -€0.03m | -€0.06m | -€0.1m | -€0.07m | ▲ 46.3% |
| + Depreciation and write-downs630 | €0.1m | €0.1m | €0.1m | €0.1m | €0.2m | €0.3m | €0.3m | €0.3m | ▲ 7.7% |
| Operating cash flow (approximation) | €0.1m | €0.2m | €0.1m | €0.1m | €0.2m | €0.2m | €0.1m | €0.2m | ▲ 62.0% |
| Investment in fixed assets (approximation) | - | -€0.1m | -€2.1m | -€0.7m | -€0.1m | -€0.04m | -€0.2m | -€1.4m | ▼ 626% |
| Change in cash | - | €0.07m | -€0.07m | €0.007m | €0.007m | €0.007m | €0.03m | €0.09m | ▲ 256% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 2,796 companies had the same profile as FREPINELJO has now. Two years later, 90.4% were still going and 2.1% had gone bankrupt.
- Micro
- 20 years or older
- negative equity
- a small loss
90.4%
was still going
6.0%
stopped otherwise
2.1%
went bankrupt
Another 1.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of FREPINELJO itself: 1.2% within 12 months.
Test of the method
The method was tested on the 497,446 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.
| 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% |
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 2,796 companies, not a prediction for FREPINELJO. 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.
Latest 10 of 35 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 11-10-2026 | 2026-00553299 | |
| 31-12-2024 | abbreviated format | 30-07-2025 | 2025-00330342 | |
| 31-12-2023 | abbreviated format | 20-06-2024 | 2024-00144069 | |
| 31-12-2022 | abbreviated format | 29-06-2023 | 2023-00172959 | |
| 31-12-2021 | micro format | 13-06-2022 | 2022-20058766 | |
| 31-12-2020 | abbreviated format | 24-08-2021 | 2021-52300393 | |
| 31-12-2019 | abbreviated format | 25-08-2020 | 2020-44200481 | |
| 31-12-2018 | abbreviated format | 22-08-2019 | 2019-48900241 | |
| 31-12-2017 | abbreviated format | 05-09-2018 | 2018-62000379 | |
| 31-12-2016 | abbreviated format | 31-08-2017 | 2017-56200228 |
Board & ownership
Directors
Directors
5 directors, 2 in day-to-day management, last change in 2025
Board 5
Gelens Nelly
Current
Director · in office according to the act of 08-08-2025 · 6-year term from 2025 · listed in the 2025 annual accounts, filed on 11-10-2026
Robert Fréderique
Current
Director · in office according to the act of 08-08-2025 · 6-year term from 2025 · listed in the 2025 annual accounts, filed on 11-10-2026
Robert Jozef
Current
Director · in office according to the act of 08-08-2025 · 6-year term from 2025
Robert Pieter
Current
Director · in office according to the act of 08-08-2025 · 6-year term from 2025 · listed in the 2025 annual accounts, filed on 11-10-2026
ROBERT JEF
Current
Director · listed in the 2025 annual accounts, filed on 11-10-2026
Day-to-day management 2
Gelens Nelly
Current
Managing director · in office according to the act of 08-08-2025 · 6-year term from 2025
Robert Jozef
Current
Managing director · in office according to the act of 08-08-2025 · 6-year term from 2025
Owners and capital
Shareholders
Stated in the act
act of 07-11-2025 ↗
- Jozef ROBERT all shares
Mandate history
5 people, 5 in office
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Gelens Nelly |
|
| Robert Fréderique |
|
| Robert Jozef |
|
| Robert Pieter |
|
| ROBERT JEF |
|
Network & group
FREPINELJO shares no director with another company.
Companies at the same address
3 other companiesConnections & network
5 current directorsThe network starts from the directors of FREPINELJO. Every other company they run is a node.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
11-10
full format · 72 days late
2025
07-11
Gazette deed
Capital & sharesShareholding1 point ▸
Gazette deed
Capital & shares
Shareholding1 point ▸
- Jozef ROBERT holds all the shares
25-09
Gazette deed
Purpose · Resignations & appointmentsAmendment of the articles · Purpose change · Registered office clause5 points ▸
Gazette deed
Purpose · Resignations & appointments
Amendment of the articles · Purpose change · Registered office clause5 points ▸
- General meeting, 16-09-2025
- Amendment of the articles, mentioned 2 times in the deed
- Purpose change
- Other provision, “Ontslag van de voorzitter van het voorlezen van het verslag van het bestuursorgaan aangaande de wijziging van het voorwerp, De aanwezige aandeelhouders erkennen…” (deed in Dutch)
- Registered office clause, “2400 Mol, Volmolenheide 42” (deed in Dutch)
08-08
Gazette deed
Reappointments: Robert Jozef, Gelens Nelly and 2 others8 points ▸
Gazette deed
Reappointments: Robert Jozef, Gelens Nelly and 2 others
8 points ▸
- General meeting, 01-07-2025
- Board meeting, 01-07-2025
- Director reappointment, Robert Jozef (director)
- Director reappointment, Gelens Nelly (director)
- Director reappointment, Robert Fréderique (director)
- Director reappointment, Robert Pieter (director)
- Director reappointment, Robert Jozef (managing director)
- Director reappointment, Gelens Nelly (managing director)
30-07
abbreviated format · 1 day before the deadline
2024
31-12
Financial
Weakest financial yearnet -€128,422
The net result drops to -€128,422, the lowest from 2018 to 2025. It recovers the following year.
20-06
abbreviated format · 41 days before the deadline
2023
29-06
abbreviated format · 32 days before the deadline
2022
13-06
micro format · 48 days before the deadline
2021
31-12
Financial
Liquidity more than triplescurrent ratio 1.65
The current ratio rises from 0.46 to 1.65. Short-term debt falls from €205,378 to €106,774.
24-08
abbreviated format · 24 days late
2020
25-08
abbreviated format · 25 days late
Show earlier events
2019
31-12
Financial
Highest result from 2018 to 2025net €101,910 ▲938%
The operating result of €138,909 and the net result of €101,910 are both a record.
31-12
Financial
Equity above €150,000equity €165,038 ▲161%
With a profit in every financial year since 2018, equity grows to €165,038.
22-08
abbreviated format · 22 days late
2018
05-09
abbreviated format · 36 days late
2017
31-08
abbreviated format · 31 days late
1991
14-02
Gazette deed
Incorporation
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
FREPINELJO in Dutch
Enterprise number
0442.892.496
Legal form
Public limited company
Status
Active, normale toestand
Founded
01-02-1991
Entity type
Legal entity
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 25-09-2025 (in Dutch)Registered office and establishments
Registered office
Volmolenheide 42, 2400 Mol, Belgium
Establishment units
Volmolenheide 42, 2400 Mol since 26-02-1991 · unit number 2.051.715.5915510001 Hotels and similar accommodation
HOTEL FLORA, Korte Nieuwstraat 12, 2000 Antwerpen since 13-11-2020 · unit number 2.309.684.123
Activities
NACEBEL 2025VAT activities
55100
Hotels and similar accommodation main activity
55209
Other holiday and short-stay accommodation
82300
Organisation of conventions and trade shows
Social security (RSZ) activities
55204
Guest rooms (bed and breakfast) main activity
Codes under NACEBEL 2008
VAT activities
55100
Hotels and similar accommodation main activity
55209
Other holiday and short-stay accommodation
82300
Organisation of conventions and trade shows
Social security (RSZ) activities
55204
Guest rooms (bed and breakfast) main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 25-09-2025 (in Dutch)
“De verwerving voor eigen rekening van participaties, onder welke vorm het ook zij, in de oprichting, ontwikkeling, omvorming en controle van…”
24 activities
- De verwerving voor eigen rekening van participaties, onder welke vorm het ook zij, in de oprichting, ontwikkeling, omvorming en controle van om het even welke ondernemingen, Belgische of buitenlandse, commerciële, industriële of andere vennootschappen
- De verwerving voor eigen rekening van eender welke titels, rechten of roerende waarden door middel van participatie, inbreng, onderschrijving, intekening, plaatsing, waarborg, koop, aankoopoptie, verhandeling, of op iedere andere wijze
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend patrimonium, alle verrichtingen met betrekking tot roerende goederen en rechten, van welke aard ook, zoals het verwerven door inschrijving of aankoop en het beheren van aandelen, obligaties, kasbons of andere roerende waarden, van welke vorm ook, van Belgische of buitenlandse, bestaande of nog op te richten rechtspersonen en ondernemingen, met uitsluiting evenwel van handelingen die zijn voorbehouden aan vennootschappen voor vermogensbeheer en beleggingsadvies. De vennootschap kan hierbij risicovolle of speculatieve beleggingen aangaan, overeenkomstig een zeer dynamisch risicoprofiel
- Onderneming in onroerende goederen, welke ondermeer omvat: 1. het aanleggen, het oordeelkundig uitbouwen, het beheren en verhandelen van een onroerend vermogen; 2. het verwerven, vervreemden, beheren, uitbaten, valoriseren, verkavelen, opsplitsen in loten, ordenen, huren en verhuren, het plaatsen onder mede-eigendom, het doen bouwen, slopen of verbouwen en promotie van onroerende goederen, het toekennen van eender welke persoonlijke of zakelijke genots- of gebruiksrechten op onroerende goederen, evenals alle onroerende transacties en verrichten van welke aard ook en in de meest brede zin met inbegrip van onroerende leasing. In dit kader het sluiten en onderhandelen, in het kader van haar voorwerp, van alle overeenkomsten, akkoorden of contracten, het verlijden van alle akten, het aanvragen van alle vergunningen en toelatingen, voor eigen rekening evenals voor rekening van een derde of als lasthebber, makelaar of tussenpersoon; 3. het doen van verrichtingen, studies en operaties met betrekking tot (duurzame) energieopwekking en -verdeling zoals investeren en oprichten van energetische installaties (zonnepanelen, laadpalen, warmtenetten, …), desgevallend aankoop en verkoop van energie en hiermee verbonden titels of certificaten, het aanvragen van de nodige premies of subsidies, het deelnemen in energiegemeenschappen of het nemen van participaties of abonnementen in (deel)initiatieven; 4. alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken van onroerende goederen of onroerende zakelijke rechten
- Het verhuren of huren, de aan en verkoop van roerende goederen in de meest ruime zin van het woord
- Het ontwikkelen, kopen, verkopen, in licentie nemen of geven van octrooien, knowhow en aanverwante immateriële duurzame activa
- Het aangaan en afsluiten van leningen, kredieten en financieringen alsmede het verstrekken van leningen, kredieten en financieringen aan vennootschappen, particulieren, organisaties, derden, al dan niet gelieerd, in de meest brede zin van het woord
- Het doen van studies en onderzoek, het uitvoeren van analyses, het verstrekken van adviezen, het voorstellen en implementeren van oplossingen en aanverwante diensten
- Het organiseren, begeleiden en/of deelnemen aan studiedagen, congressen, evenementen en aanverwante activiteiten
- Het geven van opleiding en vorming in groep of individueel bij middel van training, workshops, lezingen en seminaries; de redactie van artikels, bijdragen, boeken, cursussen, in de meest ruime zin
- Publiciteit, public relations en communicatie. Het bedenken van allerlei reclametechnieken
- Exploitatie en inrichting van hotels, bed & breakfasts, gastenkamers en vakantieverblijven (zoals bijvoorbeeld gîtes, vakantiewoningen en appartementen)
- Aanbieden van logies voor kortstondig verblijf in diverse accommodaties, in de meest ruime zin van het woord
- Verhuur en beheer van appartementen, vakantieverblijven en winkelruimtes, zowel op korte als lange termijn
- Cateringdiensten en horecagerelateerde dienstverlening, inclusief linnenservice en technisch gebouwenbeheer
- Exploitatie van restaurants, snackbars, cafés, brasseries, feestzalen en traiteurdiensten
- Organisatie van recreatieve, toeristische en culturele activiteiten
- Kunst en entertainmentactiviteiten, inclusief het begeleiden en produceren van artiesten en evenementen
- Optreden als ceremoniemeester en eventplanner
- Verhuur van fietsen, boten en sport en ontspanningsmateriaal, in de meest ruime zin van het woord
- Aanbieden en ter beschikking stellen van faciliteiten voor recreatie en sportactiviteiten
- Syndicusdiensten en beheer van alle soorten gebouwen, inclusief onderhoud en interieurreiniging in de meest ruime zin van het woord
- Ter beschikking stellen van seminariezalen en feestlocaties
- Organisatie van seminaries, beurzen, tentoonstellingen, recepties en culturele evenementen
Invoicing and payment
VAT number
BE 0442.892.496
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Saturday of June at 10:00
deed of 25-09-2025 (in Dutch)Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpenunit number 2.309.684.123
Sites & property
Location
Buildings and parcels at the addresses
Ground area
2,056 m²
Building footprint
500 m²
Building volume
3,919 m³
Tallest building: 15.1 m.
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13433E1031/00F009 | Flanders | 1,769 m² | 1 · 257 m² | 7.6 m · 2 |
| 11803C2366/00_000 | Flanders | 287 m² | 1 · 243 m² | 15.1 m · 4 |