FREYR MANAGEMENT
ActiveFREYR MANAGEMENT has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10k and a net result of €135k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 11% of 3186 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency30▲+1
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.01 against 1.04 in 2024; short-term debt: 94.7% and cash: 78.8% of total assets), and 94.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
5.3%
Return on assets
71.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 3186 sector peers (2025).
NBB · sector comparisonPosition among 3186 sector peers
Solvency
better than 11%
← weakest
strongest →
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 26-02-2026, 155 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
155 d early
2024
139 d early
2023
21 d early
2022
164 d early
2021
30 d early
2020
23 d early
2019
24 d early
← 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€0
2021 · €0
2021: €0
2021 → 2022
EBIT margin
Not included in this filing
Net result
€135k▲ 1.1%
2024 · €133k
2019: €38k
2020: €89k
2021: €104k
2022: €104k
2023: €134k
2024: €133k
2019 → 2025
Working capital
€2k▼ 85.2%
2024 · €10k
2019: €47k
2020: €136k
2021: €241k
2022: €10k
2023: €10k
2024: €10k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€0-€0
Equity€241k-€10k▼ 95.7%€10k▲ 0.6%€10k▲ 0.4%€10k▼ 3.2%
Operating result€133k-€133k▼ 0.2%€173k▲ 30.3%€170k▼ 1.7%€172k▲ 1.3%
Net result€104k-€104k▼ 0.3%€134k▲ 28.8%€133k▼ 0.8%€135k▲ 1.1%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 1% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €189k
Fixed assets
€9k
Current assets
€180k
Equity and liabilities €189k
Equity
€10k▼ 3.2%
Debt
€179k▼ 35.1%
The debt ratio falls from 96.4% to 94.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€173k
Cash flow
€136k
Solvency
5.3%▲
2024 · 3.6%
Current ratio
1.01▼
2024 · 1.04
Quick ratio
1.01▼
2024 · 1.04
Debt / equity
17.79▼
2024 · 26.53
ROA
71.2%▲
2024 · 46.5%
Interest coverage
506.78
Debt
€179k▼
2024 · €276k
Debt ≤ 1 year
€179k▼
2024 · €276k
Income taxes
€38k▲
2024 · €38k
A ratio outside any meaningful range has been withheld (balance sheet total €189k, equity €10k).
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€286k€189k▼
Fixed assets21/28€0€9k▲
Tangible fixed assets22/27€0€9k▲
Furniture and vehicles24€0€9k▲
Current assets29/58€286k€180k▼
Amounts receivable within one year40/41€3k€4k▲
Trade receivables40€0€0=
Other amounts receivable41€3k€4k▲
Current investments50/53€39k€26k▼
Cash at bank and in hand54/58€243k€149k▼
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€286k€189k▼
Equity10/15€10k€10k▼
Contributions10/11€10k€10k=
Profit (loss) carried forward14€387€53▼
Amounts payable17/49€276k€179k▼
Amounts payable within one year42/48€276k€179k▼
Trade debts44€28€1k▲
Suppliers440/4€28€1k▲
Taxes, remuneration and social security45€12k€13k▲
Taxes450/3€12k€13k▲
Other amounts payable47/48€263k€164k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€1k
Other operating charges640/8€1k€1k▲
Gross operating margin9900€171k€175k▲
Operating profit (loss)9901€170k€172k▲
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€516€342▼
Recurring financial charges65€516€342▼
Profit (loss) for the period before taxes9903€171k€173k▲
Income taxes67/77€38k€38k▲
Profit (loss) for the period9904€133k€135k▲
Profit (loss) for the period to be appropriated9905€133k€135k▲
Appropriation of the result
Profit (loss) to be appropriated9906€133k€135k▲
Profit (loss) brought forward from the previous period14P€347€387▲
Profit to be distributed694/7€133k€135k▲
Return on contributions (dividend)694€133k€135k▲
The notes to these accounts (9 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
26-02
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2019net €135k ▲1.1%
Net result €135k, the highest in the series.
14-03
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
17-02
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Equity above €200kEq €241k ▲76.4%
3 profitable years in a row build equity to €241k.
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Equity above €100kEq €137k ▲185%
2 profitable years in a row build equity to €137k.
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Liège · 1 establishment unit since 2019
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.
Avenue Blonden 74000 LiègeGround area
1,482 m²
Building footprint
386 m²
Volume, LiDAR
10,242 m³
2 parcels, Wallonia · tallest building 35.8 m, ±12 floors. Linked by address, not a title deed.
1 establishment unit
FREYR MANAGEMENT
since 20192.290.788.424
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61075A0549/00W000 | Wallonia | 1,111 m² | 1 · 114 m² | 9.7 m · 3 fl. |
| 62805B0476/00P025 ProtectedArchitectural ensemble |
Wallonia | 371 m² | 1 · 272 m² | 35.8 m · 12 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 82,569 companies in sector 70200 we hold annual accounts for 52,577. 22,949 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-06-2019
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:yves.milis@resalex.be