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 32 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FRECON INDUSTRIES from Mortsel, company number BE0432407687, closed financial year 2025 with a result of € 109,763 after tax. For that financial year FRECON INDUSTRIES recorded a gross margin of € 473,574 and equity of € 395,449. Compared with financial year 2024, the result moved from € 75,024 to € 109,763. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.
€ 395,449
▲ 38% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 109,763
▲ 46% vs 2024
Profit after tax over the fiscal year.
€ 26,060
▲ 85% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 376,449.
People and assets in 2025
€ 43,580
▼ 6% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1.4 million
▲ 100% vs 2024
Of which on lease € 1.4 million.
Debts at end 2025
€ 1.9 million
▲ 113% vs 2024
€ 316,276 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 122,310
▲ 102% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 46,435
▲ 37% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 271,454 | € 345,521 | € 358,956 | € 473,574 | ▲ 32% |
| Profit after taxes | € 72,614 | € 86,675 | € 75,024 | € 109,763 | ▲ 46% |
| Equity | € 123,987 | € 210,662 | € 285,686 | € 395,449 | ▲ 38% |
| Total debts | € 1,304,634 | € 1,104,953 | € 1,045,446 | € 2,114,725 | ▲ 102% |
| Cash | € 9,436 | € 9,332 | € 14,075 | € 26,060 | ▲ 85% |
| Retained profit | € 104,987 | € 191,662 | € 266,686 | € 376,449 | ▲ 41% |
| Bank debt | € 1,156,149 | € 932,390 | € 901,404 | € 1,917,522 | ▲ 113% |
| Balance sheet total | € 1,428,622 | € 1,315,615 | € 1,331,132 | € 2,510,174 | ▲ 89% |
Key figures of FRECON INDUSTRIES, 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 FRECON INDUSTRIES?
What happened at FRECON INDUSTRIES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 109,763 (▲ 46% vs 2024). Source: NBB ↗
- Simon Peeters became a director. NBB
- New establishment in Mortsel. KBO
- Start of the company according to the CBE. KBO
In short
From € 72,614 profit in 2022 to € 109,763 profit in 2025.
Paid € 58,829 in corporate taxes since 2022.
Best year ever: 2025, with € 109,763 profit.
Management
Behind FRECON INDUSTRIES is Simon Peeters. Simon Peeters is also behind OMNIMMO ANTWERPEN.
Directors
According to the 2025 annual accounts
since 2023
Establishments
Establishment units
Physical locations of this company
Deurnestraat 231
2640 Mortsel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0432.407.687
- VAT number
- BE 0432.407.687
- Registered office
- Deurnestraat 231, 2640 Mortsel
- Names & denominations
- FRECON INDUSTRIES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 November 1987
- Peppol
- Active · Active since 4 Feb 2025
- Activities · NACE
Verspanend bewerken van metalen
Vervaardiging van metalen constructiewerken en delen daarvan
Activiteiten van holdings
Vervaardiging van niet-verspanende machines voor de metaalbewerking en van gereedschapswerktuigen voor metaalbewerking
Coating van metalen
Overige ondersteunende activiteiten in verband met financiële diensten, neg, exclusief verzekeringen en pensioenfondsen
Reparatie en onderhoud van producten van metaal
Handel in eigen onroerend goed
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