Losses
-€516,313 in three years
Every financial year from 2021 to 2023 closed with a loss. 2021 was the heaviest.
FRESTAM
Lifetime
18 annual accounts with figures on one time axis, 29 filings since 1995peak €1.7m (2018)
€449,204▲ 15.2%
lowest -€860,806 (2009)
-€181,430▼ €83,197
peak €4.6m (2007)
€3.7m▼ 4.7%
€1.6m▲ 191%
peak 0.8 FTE (2012)
0.8 FTEunchanged
Board2 names since 2020
1 director
Documentsfilings and deeds
19-03-2025505 days late
2023financial year
Gross margin from €390,012 to €449,204Loss of €181,430Appointment: (day-to-day manager) 14-12Debts from €542,656 to €1.6mInvestments €2.7mCash from €1.4m to €226,573
Key points
from the 2023 annual accountsInvestments
€2.7m 6.2 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 98.0% higher than in 2022.
Filings
29 annual accounts 743 days past the deadline
2024 accounts not filed: deadline was 31-10-2024.
Bankruptcy probability
No current score
Figures too old
The latest figures are for FY 2023. They are too old for a current score.
Bankruptcy probability: Elevated
Filing: At least two annual filings are missing
Bankruptcy probability within 12 months
Financial strength, FY 2023
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Signals
Recent changes
Appointment: (day-to-day manager)
Gazette deed
Strikeout withdrawal
effective 20-08-2020 · KBO administration
Change of role: , from statutory manager to director
Legal-form conversion: from partnership limited by shares to public limited company · General meeting of 25-05-2020 · Gazette deed
First establishment
Frans Verdonckstraat 41, Evere
Official details
Source: KBO- Status
- Active since 27-02-1994Normal situation
- Activity
- “L'achat, la vente, l'échange, la commission, le courtage, la prise à bail ou en…” (deed in French)From the articles, 3 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.066.677.4461140 Evere, since 03-05-1994
- Financial year end
- 31 March
- Peppol
- Not found in the Peppol Directory
Annual accounts to 31-03-2023
- ≈ €1.1mestimated
- €5.3m▲ 19.3%
- Employeeson 31-03-2023
- 1=
- Filing
- Filed on 19-03-2025
Insights on FRESTAM
FRESTAM has existed since 1994. The gross margin fell from €1.7m in 2018 to €417,979 in 2019.
Solvency fell in 2023 from 87.8% to 70.1% because of the loss and higher long-term debts.
In December 2023, the Official Gazette published the appointment of as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about FRESTAM
- What is the company number of FRESTAM?
- The company number of FRESTAM is 0452.248.642. The VAT number is the same number with BE in front: BE 0452.248.642.
- Where is FRESTAM based?
- The registered office is at Frans Verdonckstraat 41, 1140 Evere.Company details
- What is the legal form of FRESTAM?
- FRESTAM is a public limited company (NV).
- When was FRESTAM founded?
- FRESTAM was founded on 27-02-1994.
- Is FRESTAM still active?
- Yes, FRESTAM is an active enterprise in the KBO register.
- How many employees does FRESTAM have?
- FRESTAM had an average of 0.8 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
- What is the turnover of FRESTAM?
- The turnover in financial year 2023 is ≈ €1.1m. This figure is estimated from the gross margin of €449,204 and 2,275 comparable companies of the same size. It probably lies between €640,000 and €1.8m. It is a rough estimate. In financial year 2021 turnover was €608,603.
- Is FRESTAM profitable?
- In financial year 2023, FRESTAM made a loss of €181,430.
- Where can I find the annual accounts of FRESTAM?
- FRESTAM filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2023.
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