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FREYMANN

Active
Private limited companyfounded 200323 yrs activeRue Hovémont 9, 4910 Theux, BelgiumKBO/BCE: BE 0860.294.681
Summary

FREYMANN has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €226,177 and a net result of €15,516. Equity is growing by ~9% per year across the filed fiscal years. Its solvency ranks better than 89% of 26040 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability76▲+4
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19,000 at 30 days acceptable
Liquidity ample (current ratio 6.15 against 6.74 in 2023; short-term debt: 12.2% and cash: 34.4% of total assets), and 17.7% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.

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
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 23 years 0 30 y
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 31-12-2024 was due by 31-07-2025 and was filed on 24-06-2025, 37 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
37 d early
2023
43 d early
2022
39 d early
2021
81 d late
2020
43 d early
2019
39 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 20 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (1)
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 30 June 2003, FREYMANN was incorporated.1 Total assets went from EUR 293,690 in 2018 to EUR 274,814 in 2024 and headcount from 0.6 full-time equivalents in 2018 to 0.1 in 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2023 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€226,177▲ 7.4%
2023 · €210,661
Total assets
€274,814▼ 1.0%
2023 · €277,728
Net result
€15,516▲ 147%
2023 · €6,289
Working capital
€172,923▲ 3.4%
2023 · €167,163
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
Line20202021202220232024
Operating result€15,141€85,353▲ 464%€17,752▼ 79.2%€12,575▼ 29.2%€27,138▲ 116%
Net result€8,981within the sector's middle half▲ 12,890%€60,068above the sector's middle half▲ 569%€11,663within the sector's middle half▼ 80.6%€6,289within the sector's middle half▼ 46.1%€15,516within the sector's middle half▲ 147%
Equity€132,641above the sector's middle half▲ 7.3%€192,710above the sector's middle half▲ 45.3%€204,372above the sector's middle half▲ 6.1%€210,661above the sector's middle half▲ 3.1%€226,177above the sector's middle half▲ 7.4%
Total assets€282,316within the sector's middle half▲ 7.8%€322,959above the sector's middle half▲ 14.4%€307,144within the sector's middle half▼ 4.9%€277,728within the sector's middle half▼ 9.6%€274,814within the sector's middle half▼ 1.0%
Debt€149,675▲ 8.2%€124,415▼ 16.9%€97,431▼ 21.7%€62,505▼ 35.8%€44,854▼ 28.2%
Working capital€193,708▲ 64.9%€209,836▲ 8.3%€164,347▼ 21.7%€167,163▲ 1.7%€172,923▲ 3.4%
Solvency47.0%within the sector's middle half▼ 0.2pp59.7%within the sector's middle half▲ 12.7pp66.5%above the sector's middle half▲ 6.9pp75.9%above the sector's middle half▲ 9.3pp82.3%above the sector's middle half▲ 6.5pp
Staff (FTE)0.5below the sector's middle half=1▲ 100%1=0.1▼ 90.0%
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
€0€25,000€50,000€75,000Operating result 2020: €15,141€15,141Net result 2020: €8,981€8,981Operating result 2021: €85,353€85,353Net result 2021: €60,068€60,068Operating result 2022: €17,752€17,752Net result 2022: €11,663€11,663Operating result 2023: €12,575€12,575Net result 2023: €6,289€6,289Operating result 2024: €27,138€27,138Net result 2024: €15,516€15,51620202021202220232024€0€10,000€20,000€30,000Operating result 2022: €17,752€17,800Net result 2022: €11,663€11,700Operating result 2023: €12,575€12,600Net result 2023: €6,289€6,290Operating result 2024: €27,138€27,100Net result 2024: €15,516€15,500202220232024
The operating result recovers in 2024; 2024 is 116% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €274,814
Fixed assets €68,297 ▼ 16.1%
Current assets €206,517 ▲ 5.2%
Equity and liabilities €274,814
Equity €226,177 ▲ 7.4%
Provisions €3,784 ▼ 17.1%
Debt €44,854 ▼ 28.2%
Debt's share of the balance-sheet total falls from 22.5% to 16.3%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€42,952▲
2023 · €28,453
Cash flow
€31,330▲
2023 · €22,167
Current ratio
6.15▼
2023 · 6.74
Quick ratio
3.27▲
2023 · 1.93
Debt to equity
0.20▼
2023 · 0.30
ROE
6.9%▲
2023 · 3.0%
ROA
5.6%▲
2023 · 2.3%
Interest coverage
11.97▲
2023 · 7.47
Debt ≤ 1 year
€33,594▲
2023 · €29,122
Debt > 1 year
€8,426▼
2023 · €30,243
Income taxes
€9,927▲
2023 · €4,539
Staff costs
€0▼
2023 · €2,642
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.4% went bankrupt
5.9% stopped otherwise
93% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.

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%.

The companies in ten equal groups, from lowest to highest expected share.
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 31,349 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 59 lines
Balance sheet Code20232024
Assets
Total assets20/58€277,728€274,814▼
Fixed assets21/28€81,444€68,297▼
Tangible fixed assets22/27€81,344€68,197▼
Land and buildings22€58,660€53,702▼
Plant, machinery and equipment23€2,990€2,168▼
Furniture and vehicles24€19,694€12,327▼
Financial fixed assets28€100€100=
Current assets29/58€196,285€206,517▲
Stocks and contracts in progress3€140,129€96,748▼
Stocks30/36€140,129€96,748▼
Amounts receivable within one year40/41€892€9,092▲
Trade receivables40€379€622▲
Other amounts receivable41€513€8,470▲
Current investments50/53€60€60=
Cash at bank and in hand54/58€48,952€94,550▲
Deferred charges and accrued income490/1€6,252€6,067▼
Equity and liabilities
Total equity and liabilities10/49€277,728€274,814▼
Equity10/15€210,661€226,177▲
Contributions10/11€46,000€46,000=
Reserves13€115,395€130,911▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€18,250€15,136▼
Distributable reserves133€97,145€115,775▲
Profit (loss) carried forward14€49,266€49,266=
Provisions and deferred taxes16€4,562€3,784▼
Deferred taxes168€4,562€3,784▼
Amounts payable17/49€62,505€44,854▼
Amounts payable after more than one year17€30,243€8,426▼
Other amounts payable178/9€30,243€8,426▼
Amounts payable within one year42/48€29,122€33,594▲
Current portion of amounts payable after more than one year42€15,032€16,968▲
Trade debts44€6,513€7,283▲
Suppliers440/4€6,513€7,283▲
Advances received on contracts in progress46€947€980▲
Taxes, remuneration and social security45€6,630€8,362▲
Taxes450/3€3,305€4,829▲
Remuneration and social security454/9€3,325€3,533▲
Accrued charges and deferred income492/3€3,140€2,834▼
Income statement Code20232024
Remuneration, social security and pensions62€2,642€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,878€15,814▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€12,852€1,658▲
Other operating charges640/8€868€986▲
Gross operating margin9900€19,111€45,596▲
Operating profit (loss)9901€12,575€27,138▲
Financial income75/76B€1,282€1,116▼
Recurring financial income75€1,282€1,116▼
Financial charges65/66B€3,807€3,589▼
Recurring financial charges65€3,807€3,589▼
Profit (loss) for the period before taxes9903€10,049€24,665▲
Transfer from deferred taxes780€779€779=
Income taxes67/77€4,539€9,927▲
Profit (loss) for the period9904€6,289€15,516▲
Transfer from tax-exempt reserves789€3,114€3,114=
Profit (loss) for the period to be appropriated9905€9,403€18,630▲
Appropriation of the result
Profit (loss) to be appropriated9906€58,669€67,896▲
Profit (loss) brought forward from the previous period14P€49,266€49,266=
Transfer to equity691/2€9,403€18,630▲
To other reserves6921€9,403€18,630▲

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A-€98,497€0---
Remuneration, social security and pensions62-€13,305€763€2,642€0▼ 100%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,094€6,085€9,310€15,878€15,814▼ 0.4%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€3,161-€7,946-€12,852€1,658▲ 113%
Other operating charges640/8-€825€1,517€868€986▲ 13.6%
Non-recurring operating charges66A-€54,019€0---
Gross operating margin9900€42,244€156,426€21,395€19,111€45,596▲ 139%
Operating profit (loss)9901€15,141€85,353€17,752€12,575€27,138▲ 116%
Financial income75/76B-€1,444€1,126€1,282€1,116▼ 13.0%
Recurring financial income75€1,293€1,444€1,126€1,282€1,116▼ 13.0%
Financial charges65/66B-€5,229€3,845€3,807€3,589▼ 5.7%
Recurring financial charges65€5,348€5,229€3,845€3,807€3,589▼ 5.7%
Profit (loss) for the period before taxes9903€11,086€81,568€15,033€10,049€24,665▲ 145%
Transfer from deferred taxes780-€165€494€779€779=
Transfer to deferred taxes680-€6,000€0---
Income taxes67/77€2,104€15,664€3,865€4,539€9,927▲ 119%
Profit (loss) for the period9904€8,981€60,068€11,663€6,289€15,516▲ 147%
Transfer from tax-exempt reserves789-€659€1,977€3,114€3,114=
Transfer to tax-exempt reserves689-€23,999€0---
Profit (loss) for the period to be appropriated9905€8,981€36,728€13,639€9,403€18,630▲ 98.1%
Line20202021202220232024Change
Assets
Total assets20/58€282,316€322,959€307,144€277,728€274,814▼ 1.0%
Fixed assets21/28€53,142€60,338€97,322€81,444€68,297▼ 16.1%
Tangible fixed assets22/27€53,042€60,238€97,222€81,344€68,197▼ 16.2%
Land and buildings22-€49,445€66,153€58,660€53,702▼ 8.5%
Plant, machinery and equipment23-€393€4,009€2,990€2,168▼ 27.5%
Furniture and vehicles24-€10,400€27,060€19,694€12,327▼ 37.4%
Financial fixed assets28€100€100€100€100€100=
Current assets29/58€229,175€262,621€209,822€196,285€206,517▲ 5.2%
Stocks and contracts in progress3€169,095€145,024€142,872€140,129€96,748▼ 31.0%
Stocks30/36-€145,024€142,872€140,129€96,748▼ 31.0%
Amounts receivable within one year40/41€1,576€5,982€7,827€892€9,092▲ 920%
Trade receivables40-€5,982€2,300€379€622▲ 64.4%
Other amounts receivable41-€0€5,527€513€8,470▲ 1,551%
Current investments50/53€60€60€60€60€60=
Cash at bank and in hand54/58€51,860€37,675€53,015€48,952€94,550▲ 93.1%
Deferred charges and accrued income490/1-€73,881€6,049€6,252€6,067▼ 3.0%
Equity and liabilities
Total equity and liabilities10/49€282,316€322,959€307,144€277,728€274,814▼ 1.0%
Equity10/15€132,641€192,710€204,372€210,661€226,177▲ 7.4%
Contributions10/11-€46,000€46,000€46,000€46,000=
Reserves13€37,375€97,443€109,106€115,395€130,911▲ 13.4%
Non-distributable reserves130/1-€4,600€4,600€0--
Reserves not available under the articles1311-€4,600€4,600€0--
Tax-exempt reserves132-€23,340€21,364€18,250€15,136▼ 17.1%
Distributable reserves133-€69,503€83,142€97,145€115,775▲ 19.2%
Profit (loss) carried forward14€49,266€49,266€49,266€49,266€49,266=
Provisions and deferred taxes16-€5,835€5,341€4,562€3,784▼ 17.1%
Deferred taxes168-€5,835€5,341€4,562€3,784▼ 17.1%
Amounts payable17/49€149,675€124,415€97,431€62,505€44,854▼ 28.2%
Amounts payable after more than one year17€109,307€67,456€48,957€30,243€8,426▼ 72.1%
Other amounts payable178/9-€67,456€48,957€30,243€8,426▼ 72.1%
Amounts payable within one year42/48€35,467€52,785€45,476€29,122€33,594▲ 15.4%
Current portion of amounts payable after more than one year42-€14,982€14,773€15,032€16,968▲ 12.9%
Trade debts44€6,678€17,011€12,454€6,513€7,283▲ 11.8%
Suppliers440/4-€17,011€12,454€6,513€7,283▲ 11.8%
Advances received on contracts in progress46-€1,574€1,343€947€980▲ 3.6%
Taxes, remuneration and social security45-€19,218€16,905€6,630€8,362▲ 26.1%
Taxes450/3-€10,873€10,241€3,305€4,829▲ 46.1%
Remuneration and social security454/9-€8,346€6,664€3,325€3,533▲ 6.2%
Accrued charges and deferred income492/3-€4,174€2,999€3,140€2,834▼ 9.8%
Line20202021202220232024Change
Profit (loss) for the period9904€8,981€60,068€11,663€6,289€15,516▲ 147%
+ Depreciation and write-downs630€5,094€6,085€9,310€15,878€15,814▼ 0.4%
Operating cash flow (approximation)€14,076€66,154€20,973€22,167€31,330▲ 41.3%
Investment in fixed assets (approximation)--€13,281-€46,294€0-€2,667-
Change in cash--€14,185€15,340-€4,063€45,598▲ 1,222%

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

2025
24-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
18-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
22-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Equity above €200,000Eq €204,372 ▲6.1%
5 profitable years in a row build equity to €204,372.
20-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 81 days late
2021
31-12
Financial Highest result since 2018net €60,068 ▲569%
Operating result €85,353, net result €60,068, both a record.
31-12
Financial Equity above €150,000Eq €192,710 ▲45.3%
4 profitable years in a row build equity to €192,710.
18-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Liquidity triplescurrent ratio 6.46
Current ratio from 2.26 to 6.46; short-term debt falls from €93,340 to €35,467.
22-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Weakest financial yearnet €69 ▼99.5%
Net result drops to €69, the lowest in the series; recovery starts the following year.
23-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2018
18-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
28-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
29-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 29 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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Theux · 1 establishment unit since 2003
seat establishment The establishment unit on the map
Ground area
62 m²
Building footprint
52 m²
Volume, LiDAR
530 m³
Parcel 63076C0559/00A000, Wallonia · tallest building 12.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
FREYMANN
Rue Hovémont 9, 4910 TheuxNACE 52272
since 20032.132.685.748
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
63076C0559/00A000 Wallonia 62 m² 1 · 52 m² 12.6 m · 3 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.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Theux2.132.685.748
5 permissions
Detailhandelaar meststoffen · since 01-01-2016
Detailhandelaar pesticides · since 01-01-2016
Detailhandelaar voedermiddelen · since 01-01-2016
and 2 more

Similar companies · same sector, comparable size

Of 1,330 companies in sector 47762 we hold annual accounts for 479. 368 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
Founded30-06-2003
Fiscal year end31-12
Activities, NACEBEL 2025
47762Retail sale of pets, pet food and pet supplies
47639Retail sale of other sporting goods
E-invoicing
Reachable via Peppol
Peppol ID 0208:0860294681
Also 9925:BE0860294681
Registered 17-12-2025

Register as of 27 September 2026 · Peppol Directory

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