What does FREESTEEL do?

FREESTEEL is a structural metal fabricator in Wavre. Public Limited, started on 7 January 1925, 1 establishment.

What is the address of FREESTEEL?

The registered office of FREESTEEL is located at Rue de la Wastinne 24, 1301 Wavre.

Is FREESTEEL still active?

Yes. According to the CBE (30 October 2026) FREESTEEL is active, legal situation “Normale toestand”, started on 7 January 1925.

Is FREESTEEL registered on Peppol?

Yes, FREESTEEL is registered on the Peppol network with ID 0208:0402039957.

What is the enterprise number of FREESTEEL?

The enterprise number of FREESTEEL is BE0402039957.

When was FREESTEEL founded?

FREESTEEL was founded on 7 January 1925.

Who are the directors of FREESTEEL?

According to the 2025 annual accounts, the directors of FREESTEEL are: Nathalie CELIS, NATECEL SPRL, Tatiana PARADES-CELIS.

Is FREESTEEL a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 7 January 1925; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did FREESTEEL make in 2025?

FREESTEEL posted a profit after taxes of € 20,041 in financial year 2025.

What is the revenue of FREESTEEL?

As a small company, FREESTEEL is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 37,874.

FREESTEEL (Public Limited) - Wavre - BE0402039957

Dossier FREESTEEL, printed on 30 October 2026 from databakkes.be/en/0402039957/freesteel. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

FREESTEEL from Wavre, company number BE0402039957, closed financial year 2025 with a result of € 20,041 after tax. For that financial year FREESTEEL recorded a gross margin of € 37,874 and equity of € 2.2 million. Compared with financial year 2024, the result moved from € 58,407 to € 20,041. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.

What it is worth Growing

€ 2.2 million

▲ 1% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 20,041

▼ 66% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 653,103

▲ 49% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 414,156.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 89,573

▼ 26% vs 2024

€ 31,185 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 16,250

▲ 120% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 639

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 52,156 Gross margin 2022: € 52,156 First fiscal year in the series	€ 61,647 Gross margin 2023: € 61,647 ▲ 18% vs 2022 (€ 52,156) Favourable step	€ 63,706 Gross margin 2024: € 63,706 ▲ 3% vs 2023 (€ 61,647) Favourable step	€ 37,874 Gross margin 2025: € 37,874 ▼ 41% vs 2024 (€ 63,706) Unfavourable step	▼ 41%
Profit after taxes	€ 45,336 Profit after taxes 2022: € 45,336 First fiscal year in the series	€ 61,465 Profit after taxes 2023: € 61,465 ▲ 36% vs 2022 (€ 45,336) Favourable step	€ 58,407 Profit after taxes 2024: € 58,407 ▼ 5% vs 2023 (€ 61,465) Unfavourable step	€ 20,041 Profit after taxes 2025: € 20,041 ▼ 66% vs 2024 (€ 58,407) Unfavourable step	▼ 66%
Equity	€ 2,109,243 Equity 2022: € 2,109,243 First fiscal year in the series	€ 2,140,708 Equity 2023: € 2,140,708 ▲ 1% vs 2022 (€ 2,109,243) Favourable step	€ 2,169,115 Equity 2024: € 2,169,115 ▲ 1% vs 2023 (€ 2,140,708) Favourable step	€ 2,189,156 Equity 2025: € 2,189,156 ▲ 1% vs 2024 (€ 2,169,115) Favourable step	▲ 1%
Total debts	€ 218,196 Total debts 2022: € 218,196 First fiscal year in the series	€ 187,984 Total debts 2023: € 187,984 ▼ 14% vs 2022 (€ 218,196) Favourable step	€ 158,329 Total debts 2024: € 158,329 ▼ 16% vs 2023 (€ 187,984) Favourable step	€ 106,462 Total debts 2025: € 106,462 ▼ 33% vs 2024 (€ 158,329) Favourable step	▼ 33%
Cash	€ 19,936 Cash 2022: € 19,936 First fiscal year in the series	€ 349,979 Cash 2023: € 349,979 ▲ € 330,042 vs 2022 (€ 19,936) Favourable step	€ 439,363 Cash 2024: € 439,363 ▲ 26% vs 2023 (€ 349,979) Favourable step	€ 653,103 Cash 2025: € 653,103 ▲ 49% vs 2024 (€ 439,363) Favourable step	▲ 49%
Land & buildings	€ 1,450,082 Land & buildings 2022: € 1,450,082 First fiscal year in the series	€ 1,450,082 Land & buildings 2023: € 1,450,082 Unchanged (€ 1,450,082) Unchanged	€ 1,450,082 Land & buildings 2024: € 1,450,082 Unchanged (€ 1,450,082) Unchanged	€ 1,450,082 Land & buildings 2025: € 1,450,082 Unchanged (€ 1,450,082) Unchanged
Retained profit	€ 334,243 Retained profit 2022: € 334,243 First fiscal year in the series	€ 365,708 Retained profit 2023: € 365,708 ▲ 9% vs 2022 (€ 334,243) Favourable step	€ 394,115 Retained profit 2024: € 394,115 ▲ 8% vs 2023 (€ 365,708) Favourable step	€ 414,156 Retained profit 2025: € 414,156 ▲ 5% vs 2024 (€ 394,115) Favourable step	▲ 5%
Dividend	€ 30,000 Dividend 2022: € 30,000 First fiscal year in the series	€ 30,000 Dividend 2023: € 30,000 Unchanged (€ 30,000) Unchanged	€ 30,000 Dividend 2024: € 30,000 Unchanged (€ 30,000) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 30,000) Unchanged	▼ 100%
Bank debt	€ 180,392 Bank debt 2022: € 180,392 First fiscal year in the series	€ 150,565 Bank debt 2023: € 150,565 ▼ 17% vs 2022 (€ 180,392) Favourable step	€ 120,298 Bank debt 2024: € 120,298 ▼ 20% vs 2023 (€ 150,565) Favourable step	€ 89,573 Bank debt 2025: € 89,573 ▼ 26% vs 2024 (€ 120,298) Favourable step	▼ 26%
Balance sheet total	€ 2,327,439 Balance sheet total 2022: € 2,327,439 First fiscal year in the series	€ 2,328,692 Balance sheet total 2023: € 2,328,692 Unchanged (€ 2,327,439) Unchanged	€ 2,327,444 Balance sheet total 2024: € 2,327,444 Unchanged (€ 2,328,692) Unchanged	€ 2,295,617 Balance sheet total 2025: € 2,295,617 ▼ 1% vs 2024 (€ 2,327,444) Unchanged	▼ 1%

Key figures of FREESTEEL, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to FREESTEEL?

What happened at FREESTEEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Sep 30, 2026 New annual accounts for financial year 2025: profit of € 20,041 (▼ 66% vs 2024). filed late Source: NBB ↗
2023 Nathalie CELIS became a director. NBB
2023 NATECEL SPRL became a director. NBB
2023 Tatiana PARADES-CELIS became a director. NBB
Apr 1, 1974 New establishment in Wavre. KBO
Jan 7, 1925 Start of the company according to the CBE. KBO

In short

From € 45,336 profit in 2022 to € 20,041 profit in 2025.

Paid € 7,319 in corporate taxes since 2022.

Best year ever: 2023, with € 61,465 profit.

Paid out € 90,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

NATECEL 100%

The stake of NATECEL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

FREESTEEL

Behind FREESTEEL are Nathalie CELIS, NATECEL SPRL and Tatiana PARADES-CELIS. The shares are held by NATECEL (100%).

Directors

According to the 2025 annual accounts

Nathalie CELIS

Director

Also active at: INTACT LIFE

since 2023

NATECEL SPRL

Managing director · represented by Nathalie CELIS

Also active at: GARNIMETAL

since 2023

Tatiana PARADES-CELIS

Managing director

since 2023

Shareholders

NATECEL

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Rue de la Wastinne 24

1301 Wavre

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

GARNIMETAL same network

€ 760,113 gross margin · 2024

INTACT LIFE same network

€ 58,973 gross margin · 2025

GARNIMETAL GROUP

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0402.039.957

VAT number

BE 0402.039.957

Registered office

Rue de la Wastinne 24, 1301 Wavre

Names & denominations

FREESTEEL

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

7 January 1925

Peppol

Active · Active since 27 Mar 2026

Activities · NACE

Vervaardiging van metalen constructiewerken en delen daarvan

Vervaardiging van metalen constructiewerken en onderdelen daarvan

Vervaardiging van andere delen en toebehoren voor motorvoertuigen

Vervaardiging van onderdelen en accessoires voor motorvoertuigen en motoren daarvan

View on CBE Public ↗ Annual accounts (NBB) ↗

FREESTEEL

Financials

What happened to FREESTEEL?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions