Financials
Financial year 2025
PHILIPPE FRECHES from Waimes, company number BE0440203618, closed financial year 2025 with a result of € 95,825 after tax. For that financial year PHILIPPE FRECHES recorded a gross margin of € 1.1 million and equity of € 1.6 million. Compared with financial year 2024, the result moved from € 118,315 to € 95,825. The company is profitable. 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 July 28, 2026.
€ 1.6 million
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 95,825
▼ 19% vs 2024
Profit after tax over the fiscal year.
€ 29,199
▼ 62% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 181,818 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
4.6
▼ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 238,898
▲ 4% vs 2024
€ 51,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 4,191
▼ 40% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 807,934
▼ 28% vs 2024
€ 299,258 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 317,606
▼ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 104,168
▲ 115% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,103,931 | € 918,481 | € 1,045,327 | € 1,084,597 | ▲ 4% |
| Profit after taxes | € 268,577 | € 5,208 | € 118,315 | € 95,825 | ▼ 19% |
| Equity | € 1,561,881 | € 1,601,898 | € 1,709,140 | € 1,612,075 | ▼ 6% |
| Total debts | € 1,975,287 | € 1,654,370 | € 1,560,546 | € 1,407,375 | ▼ 10% |
| Cash | € 48,808 | € 46,052 | € 76,564 | € 29,199 | ▼ 62% |
| Land & buildings | € 347,158 | € 366,443 | € 376,952 | € 404,037 | ▲ 7% |
| Retained profit | € 1,478,033 | € 1,483,240 | € 1,601,555 | € 1,515,562 | ▼ 5% |
| Dividend | € 0 | € 0 | € 0 | € 181,818 | |
| Bank debt | € 1,319,149 | € 1,120,899 | € 1,117,605 | € 807,934 | ▼ 28% |
| Balance sheet total | € 3,537,168 | € 3,256,268 | € 3,269,686 | € 3,019,450 | ▼ 8% |
| Employees (FTE) | 5.7 | 5.5 | 5.5 | 4.6 | ▼ 0.9 |
Key figures of PHILIPPE FRECHES, 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 PHILIPPE FRECHES?
What happened at PHILIPPE FRECHES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 95,825 (▼ 19% vs 2024). Source: NBB ↗
- New establishment in Waimes. KBO
- Philippe FRECHES became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 268,577 profit in 2022 to € 95,825 profit in 2025.
Paid € 77,503 in corporate taxes since 2022.
Best year ever: 2022, with € 268,577 profit.
On average € 235,800 of value added per employee in 2025.
A new publication or filing at PHILIPPE FRECHES? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind PHILIPPE FRECHES is Philippe FRECHES.
Directors
According to the 2025 annual accounts
Philippe FRECHES
Manager
since 1990
Establishments
Establishment units
Physical locations of this company
Rue Centrale,Robertville 63
4950 Waimes
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
CELESTE-AS CELESTE - Internet services provider, FR
Website info
Features
Security
Details
- Company number
- 0440.203.618
- VAT number
- BE 0440.203.618
- Registered office
- Rue Centrale,Robertville 63, 4950 Waimes
- Names & denominations
- PHILIPPE FRECHES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1990
- Peppol
- Active · Active since 5 Jan 2026
- Contact
- ets-freches.be
- Activities · NACE
Ondersteunende activiteiten in verband met de teelt van gewassen
Diensten in verband met de landbouw; aanleg en onderhoud van tuinen en parken
Bouwrijp maken van terreinen
Landschapsverzorging
Goederenvervoer over de weg
Afvalwaterafvoer
Ondersteunende diensten in verband met de bosbouw
Grondverzet
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