FRESHLAB
ActiveSummary
FRESHLAB has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €43,980 and a net result of €13,763. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 63% of 18606 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability88▲+6
Solvency74▲+18
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 1.62 against 1.16 in 2024; short-term debt: 49.7% and cash: 67.8% of total assets), but 50.7% of the assets are financed with debt.
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Signals
Six 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
Retail trade (NACE 47)
about 45% more bankruptcies
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
49.3%
Return on assets
15.4%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €43,980
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-07-2026, 10 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
10 d early
2024
on the day
2023
28 d late
2022
10 d late
2021
297 d late
2020
24 d late
2019
59 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 58 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€43,980▲ 45.5%
2024 · €30,217
Total assets
€89,167▼ 9.7%
2024 · €98,709
Net result
€13,763▲ 32.5%
2024 · €10,387
Working capital
€27,387▲ 206%
2024 · €8,950
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€3,714▼ 84.7%€15,714▲ 323%-€10,346€11,879€14,956▲ 25.9%
Net result€1,959within the sector's middle half▼ 91.9%€9,260within the sector's middle half▲ 373%-€14,769below the sector's middle half€10,387within the sector's middle half€13,763within the sector's middle half▲ 32.5%
Equity€25,340within the sector's middle half▲ 8.4%€34,600within the sector's middle half▲ 36.5%€19,830within the sector's middle half▼ 42.7%€30,217within the sector's middle half▲ 52.4%€43,980within the sector's middle half▲ 45.5%
Total assets€175,007within the sector's middle half▲ 43.7%€164,663within the sector's middle half▼ 5.9%€132,602within the sector's middle half▼ 19.5%€98,709within the sector's middle half▼ 25.6%€89,167within the sector's middle half▼ 9.7%
Debt€149,667▲ 52.1%€130,063▼ 13.1%€112,772▼ 13.3%€68,492▼ 39.3%€45,187▼ 34.0%
Working capital-€9,430below the sector's middle half€4,215within the sector's middle half-€5,965within the sector's middle half€8,950within the sector's middle half€27,387within the sector's middle half▲ 206%
Solvency14.5%within the sector's middle half▼ 4.7pp21.0%within the sector's middle half▲ 6.5pp15.0%within the sector's middle half▼ 6.1pp30.6%within the sector's middle half▲ 15.7pp49.3%within the sector's middle half▲ 18.7pp
Current ratio0.91within the sector's middle half▼ 0.311.04within the sector's middle half▲ 0.130.93within the sector's middle half▼ 0.111.16within the sector's middle half▲ 0.221.62within the sector's middle half▲ 0.46
Return on assets (ROA)1.1%within the sector's middle half▼ 18.7pp5.6%within the sector's middle half▲ 4.5pp-11.1%below the sector's middle half▼ 16.8pp10.5%within the sector's middle half▲ 21.7pp15.4%above the sector's middle half▲ 4.9pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 26% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €89,167
Fixed assets
€17,468 ▼ 46.3%
Current assets
€71,699 ▲ 8.3%
Equity and liabilities €89,167
Equity
€43,980 ▲ 45.5%
Debt
€45,187 ▼ 34.0%
Debt's share of the balance-sheet total falls from 69.4% to 50.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€30,971▲
2024 · €27,797
Cash flow
€29,778▲
2024 · €26,305
Quick ratio
1.38▲
2024 · 0.97
Debt to equity
1.03▼
2024 · 2.27
ROE
31.3%▼
2024 · 34.4%
Interest coverage
25.69▲
2024 · 18.64
Debt ≤ 1 year
€44,312▼
2024 · €57,227
Debt > 1 year
€875▼
2024 · €11,265
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,679 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.8%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.2% 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 497,662 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 34,679 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €1,390 | €1,760 | - | €517 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €791 | €15,840 | €15,840 | €15,918 | €16,015 | ▲ 0.6% |
| Other operating charges640/8 | €278 | €154 | €1,833 | €1,980 | - | - |
| Gross operating margin9900 | €6,173 | €33,468 | €7,326 | €30,294 | €30,971 | ▲ 2.2% |
| Operating profit (loss)9901 | €3,714 | €15,714 | -€10,346 | €11,879 | €14,956 | ▲ 25.9% |
| Financial income75/76B | €51 | - | - | - | €13 | - |
| Recurring financial income75 | €51 | - | - | - | €13 | - |
| Financial charges65/66B | €944 | €1,969 | €3,640 | €1,492 | €1,206 | ▼ 19.2% |
| Recurring financial charges65 | €944 | €1,969 | €3,640 | €1,492 | €1,206 | ▼ 19.2% |
| Profit (loss) for the period before taxes9903 | €2,821 | €13,745 | -€13,986 | €10,387 | €13,763 | ▲ 32.5% |
| Income taxes67/77 | €862 | €4,485 | €783 | - | - | - |
| Profit (loss) for the period9904 | €1,959 | €9,260 | -€14,769 | €10,387 | €13,763 | ▲ 32.5% |
| Profit (loss) for the period to be appropriated9905 | €1,959 | €9,260 | -€14,769 | €10,387 | €13,763 | ▲ 32.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €175,007 | €164,663 | €132,602 | €98,709 | €89,167 | ▼ 9.7% |
| Fixed assets21/28 | €75,977 | €61,812 | €47,243 | €32,533 | €17,468 | ▼ 46.3% |
| Tangible fixed assets22/27 | €75,877 | €61,712 | €47,143 | €32,433 | €17,368 | ▼ 46.5% |
| Plant, machinery and equipment23 | €75,390 | €61,468 | €47,143 | €31,225 | €16,562 | ▼ 47.0% |
| Furniture and vehicles24 | €487 | €243 | - | €1,208 | €806 | ▼ 33.3% |
| Financial fixed assets28 | €100 | €100 | €100 | €100 | €100 | = |
| Current assets29/58 | €99,030 | €102,851 | €85,359 | €66,176 | €71,699 | ▲ 8.3% |
| Stocks and contracts in progress3 | €19,171 | €19,171 | €10,589 | €10,589 | €10,589 | = |
| Stocks30/36 | €19,171 | €19,171 | €10,589 | €10,589 | €10,589 | = |
| Amounts receivable within one year40/41 | - | - | - | €333 | - | - |
| Other amounts receivable41 | - | - | - | €333 | - | - |
| Cash at bank and in hand54/58 | €78,844 | €82,815 | €72,380 | €54,496 | €60,418 | ▲ 10.9% |
| Deferred charges and accrued income490/1 | €1,015 | €866 | €2,391 | €759 | €693 | ▼ 8.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €175,007 | €164,663 | €132,602 | €98,709 | €89,167 | ▼ 9.7% |
| Equity10/15 | €25,340 | €34,600 | €19,830 | €30,217 | €43,980 | ▲ 45.5% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | €19,140 | €28,400 | €13,630 | €24,017 | €37,780 | ▲ 57.3% |
| Amounts payable17/49 | €149,667 | €130,063 | €112,772 | €68,492 | €45,187 | ▼ 34.0% |
| Amounts payable after more than one year17 | €41,207 | €31,427 | €21,448 | €11,265 | €875 | ▼ 92.2% |
| Financial debts170/4 | €41,207 | €31,427 | €21,448 | €11,265 | €875 | ▼ 92.2% |
| Amounts payable within one year42/48 | €108,460 | €98,637 | €91,324 | €57,227 | €44,312 | ▼ 22.6% |
| Current portion of amounts payable after more than one year42 | €8,793 | €9,780 | €9,979 | €10,182 | €10,390 | ▲ 2.0% |
| Trade debts44 | €40,951 | €22,724 | €24,100 | €16,777 | €5,441 | ▼ 67.6% |
| Suppliers440/4 | €40,951 | €22,724 | €24,100 | €16,777 | €5,441 | ▼ 67.6% |
| Taxes, remuneration and social security45 | €13,967 | €21,383 | €21,979 | €19,996 | €24,459 | ▲ 22.3% |
| Taxes450/3 | €13,866 | €21,043 | €21,318 | €19,176 | €20,521 | ▲ 7.0% |
| Remuneration and social security454/9 | €101 | €340 | €660 | €820 | €3,938 | ▲ 380% |
| Other amounts payable47/48 | €44,749 | €44,749 | €35,267 | €10,271 | €4,021 | ▼ 60.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,959 | €9,260 | -€14,769 | €10,387 | €13,763 | ▲ 32.5% |
| + Depreciation and write-downs630 | €791 | €15,840 | €15,840 | €15,918 | €16,015 | ▲ 0.6% |
| Operating cash flow (approximation) | €2,750 | €25,100 | €1,071 | €26,305 | €29,778 | ▲ 13.2% |
| Investment in fixed assets (approximation) | - | -€1,675 | -€1,271 | -€1,208 | -€950 | ▲ 21.4% |
| Change in cash | - | €3,970 | -€10,435 | -€17,884 | €5,922 | ▲ 133% |
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
Next filing, fiscal year 2026, expected by
2026
21-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €10,387
Net result €10,387 after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Weakest financial yearnet -€14,769
Net result drops to -€14,769, the lowest in the series; recovery starts the following year.
10-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 10 days late
24-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 297 days late
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
31-12
Financial
Highest result since 2018net €24,072 ▲45.4%
Operating result €24,290, net result €24,072, both a record.
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 59 days late
2019
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 13 days late
2018
18-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 18 days late
2017
12-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 12 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
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.
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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, Ukkel · 1 establishment unit since 2012
Ground area
252 m²
Building footprint
101 m²
Volume, LiDAR
736 m³
Parcel 21614H0009/00S008, Brussels · tallest building 15.8 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
FRESHLAB
since 20122.290.226.616
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614H0009/00S008 | Brussels | 252 m² | 1 · 101 m² | 15.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
SIZOO
BE 0867.790.506
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KIYO NAILS
BE 1003.218.936
Elsene · Eq €43,217
HUSKK
BE 0682.878.713
Izegem · Eq €42,981
COSMEYER
BE 0836.801.182
Etterbeek · Eq €42,942
KATETICA
BE 0756.793.901
Attert · Eq €42,774
Of 2,075 companies in sector 47750 we hold annual accounts for 517. 401 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded17-10-2012
Fiscal year end31-12
Activities, NACEBEL 2025
47750Retail sale of cosmetics and toilet articles
E-invoicing
Reachable via Peppol
Peppol ID
0208:0849670411
Also
9925:BE0849670411
Registered
11-02-2026
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.