Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 37 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
14 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Free Time Group from Aarschot, company number BE0416757233, closed financial year 2025 with a result of € 262,700 after tax. For that financial year Free Time Group recorded a gross margin of € 1.3 million and equity of € 3.4 million. Compared with financial year 2024, the result moved from € 288,851 to € 262,700. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 3.4 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 262,700
▼ 9% vs 2024
Profit after tax over the fiscal year.
€ 218,825
▲ 131% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 120,000 paid out
46 % of the profit went to the shareholders, mostly to Splinter Interieur (100 % of the shares). That is where the money ends up.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 1,364
▼ 79% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4.5 million
▲ 37% vs 2024
€ 306,601 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 48,520
▼ 86% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 43,407
▲ 26% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,376,653 | € 1,115,379 | € 1,288,924 | € 1,346,290 | ▲ 4% |
| Profit after taxes | € 294,620 | € 149,577 | € 288,851 | € 262,700 | ▼ 9% |
| Equity | € 3,039,437 | € 3,089,014 | € 3,227,865 | € 3,373,036 | ▲ 4% |
| Total debts | € 7,174,752 | € 6,665,354 | € 6,308,451 | € 7,172,207 | ▲ 14% |
| Cash | € 113,233 | € 55,211 | € 94,661 | € 218,825 | ▲ 131% |
| Land & buildings | € 2,380,409 | € 2,227,336 | € 2,387,383 | € 3,580,664 | ▲ 50% |
| Retained profit | € 1,288,112 | € 1,337,688 | € 1,476,540 | € 1,621,710 | ▲ 10% |
| Dividend | € 100,000 | € 100,000 | € 150,000 | € 120,000 | ▼ 20% |
| Bank debt | € 4,014,732 | € 3,598,253 | € 3,313,801 | € 4,533,712 | ▲ 37% |
| Balance sheet total | € 10,586,664 | € 10,123,001 | € 9,896,067 | € 10,887,932 | ▲ 10% |
| Employees (FTE) | 4.1 | - | 0 | 0 |
Key figures of Free Time Group, 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 Free Time Group?
What happened at Free Time Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Pieter-Jan Troukens stepped down as director. NBB
- Eva Troukens stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 262,700 (▼ 9% vs 2024). Source: NBB ↗
- Pieter-Jan Troukens became a director. NBB
- Eva Troukens became a director. NBB
- New establishment in Aarschot. KBO
- Start of the company according to the CBE. KBO
In short
From € 294,620 profit in 2022 to € 262,700 profit in 2025.
Paid € 844,686 in corporate taxes since 2022.
Best year ever: 2022, with € 294,620 profit.
On average € 335,800 of value added per employee in 2022.
Management
The stake of Splinter Interieur comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Free Time GroupThe shares are held by Splinter Interieur (100%).
Directors
According to the 2025 annual accounts
since 2021 · until 2027
since 2021 · until 2027
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Grote Markt 28
3200 Aarschot
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 14 companies are registered at this address.
All companies at this address →ZimVie Belgium
€ 439,803 revenue · 2025
B. VERHEYEN
€ 27,047 gross margin · 2025
ACCOUNTANTSKANTOOR DRT & PARTNERS
€ 1.3 million gross margin · 2025
COFIMA
€ 207,551 gross margin · 2025
DRT Accountancy & Tax Advisors
€ 41,595 gross margin · 2025
+9 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0416.757.233
- VAT number
- BE 0416.757.233
- Registered office
- Grote Markt 28, 3200 Aarschot
- Names & denominations
- Free Time Group · FTG
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 December 1976
- Peppol
- Active · Active since 19 Feb 2026
- Activities · NACE
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