FREVAN DECOR
ActiveFREVAN DECOR has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €102k and a net result of €49k. Equity is growing by ~38.8% per year across the filed fiscal years. Its solvency ranks better than 47% of 26053 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability86▲+83
Solvency54▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.44 against 1.19 in 2023; short-term debt: 49.7% and cash: 52.2% of total assets), and 70.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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
Sector 47
higher
← 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-06-2025, 41 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
41 d early
2023
51 d early
2022
43 d early
2021
42 d early
2020
5 d late
2019
25 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€102k▲ 49.6%
2023 · €68k
2019: €-34k
2020: €-11k
2021: €72k
2022: €111k
2023: €68k
2019 → 2024
Total assets
€348k▼ 0.2%
2023 · €349k
2019: €242k
2020: €249k
2021: €312k
2022: €319k
2023: €349k
2019 → 2024
Net result
€49k
2023 · €-43k
2019: €-48k
2020: €23k
2021: €82k
2022: €39k
2023: €-43k
2019 → 2024
Working capital
€76k▲ 108%
2023 · €37k
2019: €-63k
2020: €-30k
2021: €42k
2022: €62k
2023: €37k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-11k-€72k€111k▲ 54.9%€68k▼ 38.6%€102k▲ 49.6%
Operating result€27k-€101k▲ 282%€55k▼ 46.1%€-31k€58k
Net result€23k-€82k▲ 264%€39k▼ 52.4%€-43k€49k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €58k after a loss of €31k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €348k
Fixed assets
€99k▼ 15.3%
Current assets
€249k▲ 7.5%
Equity and liabilities €348k
Equity
€102k▲ 49.6%
Debt
€246k▼ 12.3%
The debt ratio falls from 80.5% to 70.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€77k▲
2023 · €-5k
Cash flow
€68k▲
2023 · €-17k
Solvency
29.3%▲
2023 · 19.5%
Current ratio
1.44▲
2023 · 1.19
Quick ratio
1.18▲
2023 · 0.99
Debt / equity
2.42▼
2023 · 4.12
ROE
47.9%▲
2023 · -62.8%
ROA
14.0%▲
2023 · -12.3%
Interest coverage
11.37▲
2023 · -0.49
Debt
€246k▼
2023 · €280k
Debt ≤ 1 year
€173k▼
2023 · €195k
Debt > 1 year
€73k▼
2023 · €86k
Income taxes
€2k▲
2023 · €772
Staff costs
€132k▼
2023 · €231k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€349k€348k▼
Fixed assets21/28€117k€99k▼
Tangible fixed assets22/27€110k€92k▼
Land and buildings22€0-
Plant, machinery and equipment23€84k€75k▼
Furniture and vehicles24€26k€18k▼
Financial fixed assets28€7k€7k=
Current assets29/58€231k€249k▲
Stocks and contracts in progress3€38k€45k▲
Stocks30/36€38k€45k▲
Amounts receivable within one year40/41€5k€17k▲
Trade receivables40€5k€10k▲
Other amounts receivable41€0€6k▲
Cash at bank and in hand54/58€184k€182k▼
Deferred charges and accrued income490/1€5k€5k▲
Equity and liabilities
Total equity and liabilities10/49€349k€348k▼
Equity10/15€68k€102k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€48k€81k▲
Amounts payable17/49€280k€246k▼
Amounts payable after more than one year17€86k€73k▼
Financial debts170/4€86k€73k▼
Amounts payable within one year42/48€195k€173k▼
Current portion of amounts payable after more than one year42€22k€23k▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€61k€50k▼
Suppliers440/4€61k€50k▼
Advances received on contracts in progress46€71k€63k▼
Taxes, remuneration and social security45€40k€21k▼
Taxes450/3€12k€0▼
Remuneration and social security454/9€28k€21k▼
Other amounts payable47/48€1k€16k▲
Accrued charges and deferred income492/3-€702
Income statement
Code20232024
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€231k€132k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€19k▼
Other operating charges640/8€7k€1k▼
Non-recurring operating charges66A€42k€0▼
Gross operating margin9900€274k€211k▼
Operating profit (loss)9901€-31k€58k▲
Financial income75/76B€9€0▼
Recurring financial income75€9€0▼
Financial charges65/66B€11k€7k▼
Recurring financial charges65€11k€7k▼
Profit (loss) for the period before taxes9903€-42k€51k▲
Income taxes67/77€772€2k▲
Profit (loss) for the period9904€-43k€49k▲
Profit (loss) for the period to be appropriated9905€-43k€49k▲
Appropriation of the result
Profit (loss) to be appropriated9906€48k€96k▲
Profit (loss) brought forward from the previous period14P€90k€48k▼
Profit to be distributed694/7-€15k
Return on contributions (dividend)694-€15k
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €49k
Net result €49k after one loss-making year.
31-12
Financial
Equity above €100kEq €102k ▲49.6%
Equity rises from €68k to €102k.
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
19-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Equity above €100kEq €111k ▲54.9%
3 profitable years in a row build equity to €111k.
2021
20-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Highest result since 2019net €82k ▲264%
Operating result €101k, net result €82k, both a record.
05-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 5 days late
2020
30-06
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
06-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
17-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
29-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
20-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Waregem · 1 establishment unit since 2014
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Goudenregenlaan 58793 WaregemGround area
1,768 m²
Building footprint
415 m²
Volume, LiDAR
823 m³
2 parcels, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Frevan Decor BVBA
since 20142.237.166.725
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34035B0185/00W000 | Flanders | 952 m² | 1 · 278 m² | - |
| 34035A0278/00H000 | Flanders | 816 m² | 1 · 137 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
J.S.A. EVENTS
BE 0835.774.566
Brussel · Eq €102k
PARAGRAPHE
BE 0446.251.468
Enghien · Eq €102k
BOKE
BE 0460.070.901
Herk-de-Stad · Eq €102k
LEVEAUX-MS
BE 0817.600.231
Theux · Eq €101k
JOVITEX
BE 0464.364.536
Evergem · Eq €101k
Of 1,272 companies in sector 47512 we hold annual accounts for 581. 493 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-12-2014
Fiscal year end31-12
Activities, NACEBEL
47512Retail sale of household textiles and bedding
47530Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.