FREVEC
ActiveFREVEC has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €290k and a net result of €47k. Equity is growing by ~9.9% per year across the filed fiscal years. Its solvency ranks better than 54% of 13908 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
94
/ 100
Excellent▲ +10 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▲+54
Solvency76▲+8
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 4.82 against 4.57 in 2024), but 65.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
34.3%
Return on assets
5.5%
Age of the figures
8 mo
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 · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
29 d late
2023
30 d late
2022
on the day
2021
31 d late
2020
25 d late
2019
31 d late
← before the deadline
after the deadline →
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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€290k▲ 19.2%
2024 · €243k
2018: €144k
2019: €151k
2020: €189k
2021: €200k
2022: €223k
2023: €231k
2024: €243k
2018 → 2025
Total assets
€847k▲ 2.9%
2024 · €823k
2018: €159k
2019: €161k
2020: €205k
2021: €340k
2022: €350k
2023: €588k
2024: €823k
2018 → 2025
Net result
€47k▲ 273%
2024 · €13k
2018: €14k
2019: €7k
2020: €38k
2021: €11k
2022: €23k
2023: €8k
2024: €13k
2018 → 2025
Working capital
€246k▲ 30.5%
2024 · €189k
2018: €140k
2019: €129k
2020: €164k
2021: €158k
2022: €178k
2023: €223k
2024: €189k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€200k-€223k▲ 11.6%€231k▲ 3.5%€243k▲ 5.4%€290k▲ 19.2%
Operating result€18k-€35k▲ 93.0%€24k▼ 32.8%€36k▲ 53.5%€85k▲ 132%
Net result€11k-€23k▲ 110%€8k▼ 66.5%€13k▲ 60.7%€47k▲ 273%
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 132% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €847k
Fixed assets
€536k▼ 7.8%
Current assets
€311k▲ 28.6%
Equity and liabilities €847k
Equity
€290k▲ 19.2%
Debt
€557k▼ 4.0%
The debt ratio falls from 70.4% to 65.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€131k▲
2024 · €95k
Cash flow
€93k▲
2024 · €71k
Solvency
34.3%▲
2024 · 29.6%
Current ratio
4.82▲
2024 · 4.57
Quick ratio
4.82▲
2024 · 4.57
Debt / equity
1.92▼
2024 · 2.38
ROE
16.1%▲
2024 · 5.1%
ROA
5.5%▲
2024 · 1.5%
Interest coverage
6.85▼
2024 · 7.64
Debt
€557k▼
2024 · €580k
Debt ≤ 1 year
€65k▲
2024 · €53k
Debt > 1 year
€492k▼
2024 · €527k
Income taxes
€20k▲
2024 · €14k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€823k€847k▲
Fixed assets21/28€582k€536k▼
Tangible fixed assets22/27€582k€536k▼
Land and buildings22€508k€478k▼
Plant, machinery and equipment23€554€398▼
Furniture and vehicles24€54k€39k▼
Other tangible fixed assets26€19k€19k=
Current assets29/58€242k€311k▲
Amounts receivable within one year40/41€30k€42k▲
Trade receivables40-€21k
Other amounts receivable41€30k€21k▼
Current investments50/53€81k€85k▲
Cash at bank and in hand54/58€129k€184k▲
Deferred charges and accrued income490/1€1k€371▼
Equity and liabilities
Total equity and liabilities10/49€823k€847k▲
Equity10/15€243k€290k▲
Contributions10/11€6k€6k=
Reserves13€187k€233k▲
Distributable reserves133€187k€233k▲
Profit (loss) carried forward14€51k€51k=
Amounts payable17/49€580k€557k▼
Amounts payable after more than one year17€527k€492k▼
Financial debts170/4€527k€492k▼
Amounts payable within one year42/48€53k€65k▲
Current portion of amounts payable after more than one year42€33k€35k▲
Financial debts43€3k€2k▼
Credit institutions430/8€3k€2k▼
Trade debts44€9k€8k▼
Suppliers440/4€9k€8k▼
Taxes, remuneration and social security45€8k€20k▲
Taxes450/3€8k€20k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€59k€46k▼
Other operating charges640/8€5k€5k▼
Gross operating margin9900€100k€135k▲
Operating profit (loss)9901€36k€85k▲
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€12k€19k▲
Recurring financial charges65€12k€19k▲
Profit (loss) for the period before taxes9903€26k€67k▲
Income taxes67/77€14k€20k▲
Profit (loss) for the period9904€13k€47k▲
Profit (loss) for the period to be appropriated9905€13k€47k▲
Appropriation of the result
Profit (loss) to be appropriated9906€63k€97k▲
Profit (loss) brought forward from the previous period14P€51k€51k=
Transfer to equity691/2€13k€47k▲
To other reserves6921€13k€47k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Highest result since 2018net €47k ▲273%
Operating result €85k, net result €47k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200kEq €223k ▲11.6%
5 profitable years in a row build equity to €223k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Weakest financial yearnet €7k ▼47.5%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €150kEq €151k ▲5.1%
2 profitable years in a row build equity to €151k.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Brasschaat · 1 establishment unit since 2012
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.
Zegersdreef 122930 BrasschaatGround area
257 m²
Building footprint
230 m²
Volume, LiDAR
1,292 m³
Parcel 11322E0175/00C000, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FREVEC
since 20122.208.166.594
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11322E0175/00C000 | Flanders | 257 m² | 1 · 230 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
BUILDING ASSETS CONCEPT
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TRIOR Real Estate
BE 0838.953.493
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EUROPA 2000
BE 0438.147.416
Tongeren · Eq €290k
COFORCE
BE 0898.074.696
Genk · Eq €290k
WESTERVLIET
BE 0536.410.097
Antwerpen · Eq €290k
Of 11,702 companies in sector 68310 we hold annual accounts for 6,876. 4,967 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-03-2012
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
68321Property management for co-owned buildings (syndics)
81100Combined facilities support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.