THE FREELANCER
ActiveTHE FREELANCER has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €18k and a net result of €1k. Equity is growing by ~47.4% per year across the filed fiscal years. Its solvency ranks better than 43% of 6717 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability71▼-11
Solvency56▼-7
Growth78=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.92 against 0.77 in 2023; short-term debt: 69.1% and cash: 10.9% of total assets), and 69.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 49
Relative position
BE, all sectors
reference
Sector 49
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
30.9%
Return on assets
2.1%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
92 d late
2023
119 d late
2022
31 d late
2021
on the day
2020
61 d late
2019
121 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€18k▲ 7.1%
2023 · €17k
2018: €3k
2019: €-12k
2020: €-7k
2021: €794
2022: €12k
2023: €17k
2018 → 2024
Total assets
€57k▲ 32.6%
2023 · €43k
2018: €17k
2019: €11k
2020: €16k
2021: €51k
2022: €71k
2023: €43k
2018 → 2024
Net result
€1k▼ 74.6%
2023 · €5k
2018: €-2k
2019: €-15k
2020: €6k
2021: €7k
2022: €11k
2023: €5k
2018 → 2024
Working capital
€-3k▲ 50.1%
2023 · €-6k
2018: €-2k
2019: €-13k
2020: €-8k
2021: €4k
2022: €5k
2023: €-6k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-7k-€794€12k▲ 1,406%€17k▲ 38.9%€18k▲ 7.1%
Operating result€8k-€10k▲ 18.3%€18k▲ 84.0%€5k▼ 71.7%€1k▼ 76.0%
Net result€6k-€7k▲ 34.6%€11k▲ 50.5%€5k▼ 58.4%€1k▼ 74.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 76% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €57k
Fixed assets
€21k▼ 8.5%
Current assets
€37k▲ 78.5%
Equity and liabilities €57k
Equity
€18k▲ 7.1%
Debt
€40k▲ 48.5%
The debt ratio rises from 61.7% to 69.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€3k▼
2023 · €13k
Cash flow
€3k▼
2023 · €12k
Solvency
30.9%▼
2023 · 38.3%
Current ratio
0.92▲
2023 · 0.77
Quick ratio
0.70▲
2023 · 0.43
Debt / equity
2.23▲
2023 · 1.61
ROE
6.6%▼
2023 · 28.0%
ROA
2.1%▼
2023 · 10.7%
Interest coverage
264.99▲
2023 · 44.03
Debt
€40k▲
2023 · €27k
Debt ≤ 1 year
€40k▲
2023 · €27k
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€43k€57k▲
Fixed assets21/28€23k€21k▼
Tangible fixed assets22/27€22k€20k▼
Plant, machinery and equipment23€4k€4k▼
Furniture and vehicles24€18k€16k▼
Financial fixed assets28€480€480=
Current assets29/58€20k€37k▲
Stocks and contracts in progress3€9k€9k▼
Stocks30/36€9k€9k▼
Amounts receivable within one year40/41€5k€5k=
Trade receivables40€5k€5k=
Cash at bank and in hand54/58€6k€6k=
Deferred charges and accrued income490/1-€16k
Equity and liabilities
Total equity and liabilities10/49€43k€57k▲
Equity10/15€17k€18k▲
Contributions10/11€20k€20k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-5k€-4k▲
Amounts payable17/49€27k€40k▲
Amounts payable within one year42/48€27k€40k▲
Financial debts43€9€9=
Credit institutions430/8€9€9=
Trade debts44€4k€8k▲
Suppliers440/4€4k€8k▲
Taxes, remuneration and social security45€9k€17k▲
Taxes450/3€6k€6k=
Remuneration and social security454/9€3k€10k▲
Other amounts payable47/48€14k€15k▲
Income statement
Code20232024
Remuneration, social security and pensions62€684-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€2k▼
Other operating charges640/8€662€95▼
Gross operating margin9900€14k€3k▼
Operating profit (loss)9901€5k€1k▼
Financial income75/76B€86-
Recurring financial income75€86-
Financial charges65/66B€289€12▼
Recurring financial charges65€289€12▼
Profit (loss) for the period before taxes9903€5k€1k▼
Income taxes67/77€129-
Profit (loss) for the period9904€5k€1k▼
Profit (loss) for the period to be appropriated9905€5k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€-4k▲
Profit (loss) brought forward from the previous period14P€-10k€-5k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 92 days late
2024
27-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 119 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Highest result since 2018net €11k ▲50.5%
Operating result €18k, net result €11k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
29-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 121 days late
2019
31-12
Financial
Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · 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, Hoogstraten · 1 establishment unit since 2011
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.
Terbeeksestraat 232321 HoogstratenGround area
2,141 m²
Building footprint
166 m²
Volume, LiDAR
951 m³
Parcel 13020C0577/00S000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
The Freelancer
since 20112.199.270.211
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13020C0577/00S000 | Flanders | 2,141 m² | 1 · 165 m² | 8.4 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 210 EUR awarded · 210 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 210 EUR | 210 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 12,606 companies in sector 49410 we hold annual accounts for 8,195. 4,791 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-04-2011
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
70200Business and other management consultancy
01430Raising of horses and other equines
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 13 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.