FRECO is a commercial agency in Kuurne. Private Limited, started on 19 July 1988, 1 establishment.

What is the address of FRECO?

The registered office of FRECO is located at Verbindingsweg 10, 8520 Kuurne.

Is FRECO still active?

Yes. According to the CBE (30 October 2026) FRECO is active, legal situation “Normale toestand”, started on 19 July 1988.

Is FRECO registered on Peppol?

Yes, FRECO is registered on the Peppol network with ID 0208:0434702728.

What is the enterprise number of FRECO?

The enterprise number of FRECO is BE0434702728.

When was FRECO founded?

FRECO was founded on 19 July 1988.

Who are the directors of FRECO?

According to the 2025 annual accounts, the directors of FRECO are: Freddy Schouteten.

Is FRECO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 19 July 1988; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did FRECO make in 2025?

FRECO posted a profit after taxes of € 109,334 in financial year 2025.

What is the revenue of FRECO?

As a small company, FRECO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 217,283.

FRECO (Private Limited) - Kuurne - BE0434702728

Dossier FRECO, printed on 30 October 2026 from databakkes.be/en/0434702728/freco. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

FRECO from Kuurne, company number BE0434702728, closed financial year 2025 with a result of € 109,334 after tax. For that financial year FRECO recorded a gross margin of € 217,283 and equity of € 658,608. Compared with financial year 2024, the result moved from € 55,387 to € 109,334. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 22, 2026.

What it is worth Healthy

€ 658,608

▼ 9% vs 2024

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

Profit Growing

€ 109,334

▲ 97% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 75,872

▼ 63% vs 2024

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

Where the profit goes Pays out

€ 174,870 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Vehicles and equipment

€ 42,289

▼ 34% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 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.

€ 29,676

▼ 32% vs 2024

€ 14,544 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 1,024

▼ 24% vs 2024

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

Taxes

€ 28,683

▲ 25% vs 2024

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	€ 132,033 Gross margin 2022: € 132,033 First fiscal year in the series	€ 117,141 Gross margin 2023: € 117,141 ▼ 11% vs 2022 (€ 132,033) Unfavourable step	€ 144,256 Gross margin 2024: € 144,256 ▲ 23% vs 2023 (€ 117,141) Favourable step	€ 217,283 Gross margin 2025: € 217,283 ▲ 51% vs 2024 (€ 144,256) Favourable step	▲ 51%
Profit after taxes	€ 40,673 Profit after taxes 2022: € 40,673 First fiscal year in the series	€ 36,026 Profit after taxes 2023: € 36,026 ▼ 11% vs 2022 (€ 40,673) Unfavourable step	€ 55,387 Profit after taxes 2024: € 55,387 ▲ 54% vs 2023 (€ 36,026) Favourable step	€ 109,334 Profit after taxes 2025: € 109,334 ▲ 97% vs 2024 (€ 55,387) Favourable step	▲ 97%
Equity	€ 749,520 Equity 2022: € 749,520 First fiscal year in the series	€ 742,407 Equity 2023: € 742,407 ▼ 1% vs 2022 (€ 749,520) Unfavourable step	€ 724,144 Equity 2024: € 724,144 ▼ 2% vs 2023 (€ 742,407) Unfavourable step	€ 658,608 Equity 2025: € 658,608 ▼ 9% vs 2024 (€ 724,144) Unfavourable step	▼ 9%
Total debts	€ 82,760 Total debts 2022: € 82,760 First fiscal year in the series	€ 85,530 Total debts 2023: € 85,530 ▲ 3% vs 2022 (€ 82,760) Unfavourable step	€ 69,406 Total debts 2024: € 69,406 ▼ 19% vs 2023 (€ 85,530) Favourable step	€ 71,702 Total debts 2025: € 71,702 ▲ 3% vs 2024 (€ 69,406) Unfavourable step	▲ 3%
Cash	€ 130,114 Cash 2022: € 130,114 First fiscal year in the series	€ 146,057 Cash 2023: € 146,057 ▲ 12% vs 2022 (€ 130,114) Favourable step	€ 203,062 Cash 2024: € 203,062 ▲ 39% vs 2023 (€ 146,057) Favourable step	€ 75,872 Cash 2025: € 75,872 ▼ 63% vs 2024 (€ 203,062) Unfavourable step	▼ 63%
Land & buildings	€ 269,398 Land & buildings 2022: € 269,398 First fiscal year in the series	€ 261,130 Land & buildings 2023: € 261,130 ▼ 3% vs 2022 (€ 269,398) Unchanged	€ 247,576 Land & buildings 2024: € 247,576 ▼ 5% vs 2023 (€ 261,130) Unchanged	€ 232,990 Land & buildings 2025: € 232,990 ▼ 6% vs 2024 (€ 247,576) Unchanged	▼ 6%
Retained profit	€ 720,520 Retained profit 2022: € 720,520 First fiscal year in the series	€ 713,407 Retained profit 2023: € 713,407 ▼ 1% vs 2022 (€ 720,520) Unfavourable step	€ 695,144 Retained profit 2024: € 695,144 ▼ 3% vs 2023 (€ 713,407) Unfavourable step	€ 629,608 Retained profit 2025: € 629,608 ▼ 9% vs 2024 (€ 695,144) Unfavourable step	▼ 9%
Dividend	€ 28,060 Dividend 2022: € 28,060 First fiscal year in the series	€ 43,139 Dividend 2023: € 43,139 ▲ 54% vs 2022 (€ 28,060) Unchanged	€ 73,650 Dividend 2024: € 73,650 ▲ 71% vs 2023 (€ 43,139) Unchanged	€ 174,870 Dividend 2025: € 174,870 ▲ 137% vs 2024 (€ 73,650) Unchanged	▲ 137%
Bank debt	€ 70,000 Bank debt 2022: € 70,000 First fiscal year in the series	€ 57,085 Bank debt 2023: € 57,085 ▼ 18% vs 2022 (€ 70,000) Favourable step	€ 43,655 Bank debt 2024: € 43,655 ▼ 24% vs 2023 (€ 57,085) Favourable step	€ 29,676 Bank debt 2025: € 29,676 ▼ 32% vs 2024 (€ 43,655) Favourable step	▼ 32%
Balance sheet total	€ 957,566 Balance sheet total 2022: € 957,566 First fiscal year in the series	€ 946,585 Balance sheet total 2023: € 946,585 ▼ 1% vs 2022 (€ 957,566) Unchanged	€ 905,560 Balance sheet total 2024: € 905,560 ▼ 4% vs 2023 (€ 946,585) Unchanged	€ 835,683 Balance sheet total 2025: € 835,683 ▼ 8% vs 2024 (€ 905,560) Unchanged	▼ 8%

Key figures of FRECO, 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 FRECO?

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

Jun 22, 2026 New annual accounts for financial year 2025: profit of € 109,334 (▲ 97% vs 2024). Source: NBB ↗
Jul 25, 1988 New establishment in Kuurne. KBO
Jul 19, 1988 Start of the company according to the CBE. KBO

In short

From € 40,673 profit in 2022 to € 109,334 profit in 2025.

Paid € 125,662 in corporate taxes since 2022.

Best year ever: 2025, with € 109,334 profit.

Paid out € 319,719 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Freddy Schouteten

FRECO

Behind FRECO is Freddy Schouteten.

Directors

According to the 2025 annual accounts

Freddy Schouteten

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Verbindingsweg 10

8520 Kuurne

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

Details

Company number

0434.702.728

VAT number

BE 0434.702.728

Registered office

Verbindingsweg 10, 8520 Kuurne

Names & denominations

FRECO

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

19 July 1988

Peppol

Active · Active since 12 Jan 2026

Activities · NACE

Handelsbemiddeling in de niet-gespecialiseerde groothandel

Handelsbemiddeling in goederen, algemeen assortiment

View on CBE Public ↗ Annual accounts (NBB) ↗

FRECO

Financials

What happened to FRECO?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions