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FREYMAN

Active
Private limited companyfounded 200223 yrs activeAvenue de l'Industrie 30, 4500 Huy, BelgiumKBO/BCE: BE 0478.594.832
Summary

FREYMAN has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €268k and a net result of €38k. Equity is shrinking by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 34% of 2566 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability73▼-4
Solvency48▼-15
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity short (current ratio 0.36 against 0.65 in 2024; short-term debt: 22.7% and cash: 5.9% of total assets), and 77.2% 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
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 23 years 0 30 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% fewer bankruptcies
← 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 2025
Solvency, return and age of the figures
Solvency
22.8%
Return on assets
3.2%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
25 d early
2024
27 d early
2023
30 d early
2022
26 d early
2021
5 d early
2020
9 d late
2019
4 d early
← before the deadline after the deadline →
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 months
Position in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 17 October 2002, FREYMAN was incorporated.1 Total assets went from EUR 1.3 million in 2018 to EUR 1.2 million in 2025 and headcount from 2.2 to 2.3 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€38k▼ 33.5%
2024 · €57k
Working capital
€-171k▼ 161%
2024 · €-65k
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€42k€69k▲ 61.6%€10k▼ 86.1%€76k▲ 693%€43k▼ 42.6%
Net result€32k€56k▲ 75.2%€4k▼ 92.5%€57k▲ 1,236%€38k▼ 33.5%
Equity€368k▲ 5.5%€291k▼ 20.8%€283k▼ 2.9%€326k▲ 15.5%€268k▼ 18.0%
Total assets€1.06M▼ 1.5%€1.05M▼ 0.9%€906k▼ 13.6%€864k▼ 4.6%€1.17M▲ 35.8%
Debt€616k▼ 4.8%€688k▲ 11.7%€559k▼ 18.8%€479k▼ 14.4%€852k▲ 78.0%
Working capital€53k▲ 104%€-126k€-52k▲ 58.7%€-65k▼ 26.2%€-171k▼ 161%
Staff (FTE)1.3▼ 38.1%22.3▲ 15.0%
Result per fiscal year
Operating resultNet result
€0€20k€40k€60k€80kOperating result 2021: €42k€42kNet result 2021: €32k€32kOperating result 2022: €69k€69kNet result 2022: €56k€56kOperating result 2023: €10k€10kNet result 2023: €4k€4kOperating result 2024: €76k€76kNet result 2024: €57k€57kOperating result 2025: €43k€43kNet result 2025: €38k€38k20212022202320242025€0€20k€40k€60k€80kOperating result 2023: €10k€9.5kNet result 2023: €4k€4.2kOperating result 2024: €76k€76kNet result 2024: €57k€57kOperating result 2025: €43k€43kNet result 2025: €38k€38k202320242025
The operating result falls in 2025; 2025 is 43% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.17M
Fixed assets €1.08M ▲ 44.9%
Current assets €96k ▼ 20.4%
Equity and liabilities €1.17M
Equity €268k ▼ 18.0%
Provisions €55k ▼ 8.3%
Debt €852k ▲ 78.0%
Debt's share of the balance-sheet total rises from 55.4% to 72.6%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€201k▲
2024 · €168k
Cash flow
€195k▲
2024 · €148k
Current ratio
0.36▼
2024 · 0.65
Quick ratio
0.36▼
2024 · 0.64
Debt to equity
3.18▲
2024 · 1.47
ROE
14.0%▼
2024 · 17.3%
ROA
3.2%▼
2024 · 6.5%
Interest coverage
10.93▼
2024 · 11.99
Debt ≤ 1 year
€267k▲
2024 · €186k
Debt > 1 year
€585k▲
2024 · €289k
Income taxes
€7k▼
2024 · €23k
Staff costs
€103k▲
2024 · €89k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 60 lines
Balance sheet Code20242025
Assets
Total assets20/58€864k€1.17M▲
Fixed assets21/28€744k€1.08M▲
Tangible fixed assets22/27€744k€1.08M▲
Land and buildings22€559k€516k▼
Plant, machinery and equipment23€112k€467k▲
Furniture and vehicles24€60k€92k▲
Leasing and similar rights25€12k€3k▼
Current assets29/58€121k€96k▼
Stocks and contracts in progress3€1k€1k▲
Stocks30/36€1k€1k▲
Amounts receivable within one year40/41€10k€17k▲
Trade receivables40€10k-
Other amounts receivable41€100€17k▲
Cash at bank and in hand54/58€107k€70k▼
Deferred charges and accrued income490/1€2k€8k▲
Equity and liabilities
Total equity and liabilities10/49€864k€1.17M▲
Equity10/15€326k€268k▼
Contributions10/11€20k€20k=
Reserves13€293k€234k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€153k€140k▼
Distributable reserves133€139k€92k▼
Profit (loss) carried forward14€13k€14k▲
Provisions and deferred taxes16€59k€55k▼
Deferred taxes168€59k€55k▼
Amounts payable17/49€479k€852k▲
Amounts payable after more than one year17€289k€585k▲
Financial debts170/4€279k€575k▲
Other amounts payable178/9€10k€10k=
Amounts payable within one year42/48€186k€267k▲
Current portion of amounts payable after more than one year42€80k€95k▲
Trade debts44€48k€25k▼
Suppliers440/4€48k€25k▼
Taxes, remuneration and social security45€42k€49k▲
Taxes450/3€23k€25k▲
Remuneration and social security454/9€19k€24k▲
Other amounts payable47/48€15k€97k▲
Accrued charges and deferred income492/3€4k-
Income statement Code20242025
Remuneration, social security and pensions62€89k€103k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€92k€158k▲
Other operating charges640/8€34k€35k▲
Gross operating margin9900€290k€339k▲
Operating profit (loss)9901€76k€43k▼
Financial income75/76B€49€2k▲
Recurring financial income75€49€2k▲
Financial charges65/66B€14k€18k▲
Recurring financial charges65€14k€18k▲
Profit (loss) for the period before taxes9903€62k€27k▼
Transfer from deferred taxes780€18k€18k=
Income taxes67/77€23k€7k▼
Profit (loss) for the period9904€57k€38k▼
Profit (loss) for the period to be appropriated9905€57k€38k▼
Appropriation of the result
Profit (loss) to be appropriated9906€68k€51k▼
Profit (loss) brought forward from the previous period14P€11k€13k▲
Transfer from equity791/2-€84k
Transfer to equity691/2€55k€37k▼
To other reserves6921€55k€37k▼
Profit to be distributed694/7-€84k
Return on contributions (dividend)694-€84k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62€59k€48k€57k€89k€103k▲ 16.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€95k€86k€95k€92k€158k▲ 71.7%
Other operating charges640/8€26k€28k€24k€34k€35k▲ 1.2%
Gross operating margin9900€223k€231k€187k€290k€339k▲ 16.8%
Operating profit (loss)9901€42k€69k€10k€76k€43k▼ 42.6%
Financial income75/76B€81€946€85€49€2k▲ 3,230%
Recurring financial income75€81€946€85€49€2k▲ 3,230%
Financial charges65/66B€16k€15k€21k€14k€18k▲ 31.8%
Recurring financial charges65€16k€15k€21k€14k€18k▲ 31.8%
Profit (loss) for the period before taxes9903€26k€54k€-12k€62k€27k▼ 56.8%
Transfer from deferred taxes780€18k€18k€18k€18k€18k=
Income taxes67/77€12k€16k€2k€23k€7k▼ 70.5%
Profit (loss) for the period9904€32k€56k€4k€57k€38k▼ 33.5%
Profit (loss) for the period to be appropriated9905€32k€56k€4k€57k€38k▼ 33.5%
Line20212022202320242025Change
Assets
Total assets20/58€1.06M€1.05M€906k€864k€1.17M▲ 35.8%
Fixed assets21/28€901k€926k€782k€744k€1.08M▲ 44.9%
Tangible fixed assets22/27€900k€926k€782k€744k€1.08M▲ 44.9%
Land and buildings22€769k€721k€588k€559k€516k▼ 7.8%
Plant, machinery and equipment23€71k€94k€111k€112k€467k▲ 317%
Furniture and vehicles24€20k€81k€63k€60k€92k▲ 52.2%
Leasing and similar rights25€39k€30k€21k€12k€3k▼ 73.9%
Other tangible fixed assets26€1k€748----
Financial fixed assets28€1k-----
Current assets29/58€157k€123k€124k€121k€96k▼ 20.4%
Stocks and contracts in progress3€2k€2k€2k€1k€1k▲ 6.4%
Stocks30/36€2k€2k€2k€1k€1k▲ 6.4%
Amounts receivable within one year40/41€9k€26k€38k€10k€17k▲ 70.1%
Trade receivables40€9k€10k€38k€10k--
Other amounts receivable41€76€16k€67€100€17k▲ 17,134%
Cash at bank and in hand54/58€146k€95k€80k€107k€70k▼ 35.1%
Deferred charges and accrued income490/1--€3k€2k€8k▲ 322%
Equity and liabilities
Total equity and liabilities10/49€1.06M€1.05M€906k€864k€1.17M▲ 35.8%
Equity10/15€368k€291k€283k€326k€268k▼ 18.0%
Contributions10/11€20k€20k€20k€20k€20k=
Reserves13€222k€264k€251k€293k€234k▼ 20.2%
Non-distributable reserves130/1€2k€2k€2k€2k€2k=
Reserves not available under the articles1311€2k€2k€2k€2k€2k=
Tax-exempt reserves132€191k€178k€166k€153k€140k▼ 8.3%
Distributable reserves133€29k€84k€84k€139k€92k▼ 33.6%
Profit (loss) carried forward14€126k€7k€11k€13k€14k▲ 4.6%
Provisions and deferred taxes16€74k€69k€64k€59k€55k▼ 8.3%
Deferred taxes168€74k€69k€64k€59k€55k▼ 8.3%
Amounts payable17/49€616k€688k€559k€479k€852k▲ 78.0%
Amounts payable after more than one year17€511k€439k€367k€289k€585k▲ 103%
Financial debts170/4€501k€429k€357k€279k€575k▲ 106%
Other amounts payable178/9€10k€10k€10k€10k€10k=
Amounts payable within one year42/48€104k€249k€176k€186k€267k▲ 43.4%
Current portion of amounts payable after more than one year42€70k€72k€81k€80k€95k▲ 18.8%
Trade debts44€10k€19k€46k€48k€25k▼ 48.9%
Suppliers440/4€10k€19k€46k€48k€25k▼ 48.9%
Taxes, remuneration and social security45€15k€30k€34k€42k€49k▲ 17.0%
Taxes450/3€8k€22k€28k€23k€25k▲ 7.1%
Remuneration and social security454/9€7k€8k€6k€19k€24k▲ 29.4%
Other amounts payable47/48€9k€127k€14k€15k€97k▲ 541%
Accrued charges and deferred income492/3€1k€1k€17k€4k--
Line20212022202320242025Change
Profit (loss) for the period9904€32k€56k€4k€57k€38k▼ 33.5%
+ Depreciation and write-downs630€95k€86k€95k€92k€158k▲ 71.7%
Operating cash flow (approximation)€127k€142k€100k€148k€195k▲ 31.6%
Investment in fixed assets (approximation)-€-110k€48k€-53k€-492k▼ 822%
Change in cash-€-51k€-15k€27k€-38k▼ 238%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
06-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
04-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2018net €57k ▲1,236%
Operating result €76k, net result €57k, both a record.
01-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
05-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
26-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Back to profitnet €32k
Net result €32k after one loss-making year.
09-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
2020
31-12
Financial Weakest financial yearnet €-5k
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
27-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
06-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 6 days late
2018
30-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
28-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
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, Huy · 2 establishment units since 2002
seat establishment All 2 establishment units on the map
Ground area
7,788 m²
Building footprint
1,478 m²
2 parcels, Wallonia. Linked by address, not a title deed.
4 companies at this address See who is registered here
2 establishment units
Avenue de l'Industrie 30, 4500 Huy
Water transport
since 20022.115.066.489
CAR WASH D'ANDENNE
Chaussée d'Anton 90 E, 5300 AndenneWater transport
since 20022.115.066.588
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
61061A0286/00H003 Wallonia 5,551 m² 1 · 1,343 m² -
92402G0033/00F003 Wallonia 2,237 m² 1 · 135 m² -
Linked by address, not proof of ownership
Good to know
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

Of 3,206 companies in sector 95316 we hold annual accounts for 752. 435 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
Founded17-10-2002
Fiscal year end31-12
Activities, NACEBEL 2025
95316Washing and cleaning of motor vehicles
47820Retail sale of motor vehicle parts and accessories
46180Agents specialised in the wholesale of other particular products
81220Other building cleaning and industrial cleaning

Scores and ratios are computed by Checked and are not a credit decision.