What is the address of FRELO?

The registered office of FRELO is located at Waversebaan 35, 3050 Oud-Heverlee.

Is FRELO still active?

Yes. According to the CBE (29 October 2026) FRELO is active, legal situation “Normale toestand”, started on 29 October 1992.

Is FRELO registered on Peppol?

No, FRELO is currently not registered on the Peppol network.

What is the enterprise number of FRELO?

The enterprise number of FRELO is BE0448592039.

When was FRELO founded?

FRELO was founded on 29 October 1992.

Who are the directors of FRELO?

According to the 2025 annual accounts, the directors of FRELO are: Els Vandezande.

Is FRELO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 29 October 1992; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did FRELO make in 2025?

FRELO recorded a loss after taxes of € 9,212 in financial year 2025.

What is the revenue of FRELO?

As a small company, FRELO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 14,664.

FRELO (Private Limited) - Oud-Heverlee - BE0448592039

Dossier FRELO, printed on 29 October 2026 from databakkes.be/en/0448592039/frelo. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2024 and 2025.
Not on Peppol Peppol

Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.

Financials

Financial year 2025

FRELO from Oud-Heverlee, company number BE0448592039, closed financial year 2025 with a result of € -9,212 after tax. For that financial year FRELO recorded a gross margin of € 14,664 and equity of € 286,193. Compared with financial year 2024, the result moved from € -11,973 to € -9,212. The company made a loss. 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 18, 2026.

What it is worth Healthy

€ 286,193

▼ 3% vs 2024

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

Loss Caution

€ -9,212

▲ 23 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 99,079

▲ 9% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 267,593.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 976

▼ 42% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 2,077

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

Taxes

€ 965

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	€ 15,375 Gross margin 2022: € 15,375 First fiscal year in the series	€ 13,793 Gross margin 2023: € 13,793 ▼ 10% vs 2022 (€ 15,375) Unfavourable step	€ 12,876 Gross margin 2024: € 12,876 ▼ 7% vs 2023 (€ 13,793) Unfavourable step	€ 14,664 Gross margin 2025: € 14,664 ▲ 14% vs 2024 (€ 12,876) Favourable step	▲ 14%
Profit after taxes	€ -9,972 Profit after taxes 2022: € -9,972 First fiscal year in the series	€ -11,992 Profit after taxes 2023: € -11,992 ▼ € 2,020 vs 2022 (€ -9,972) Unfavourable step	€ -11,973 Profit after taxes 2024: € -11,973 Unchanged (€ -11,992) Favourable step	€ -9,212 Profit after taxes 2025: € -9,212 ▲ € 2,760 vs 2024 (€ -11,973) Favourable step	▲ € 2,760
Equity	€ 319,370 Equity 2022: € 319,370 First fiscal year in the series	€ 307,378 Equity 2023: € 307,378 ▼ 4% vs 2022 (€ 319,370) Unfavourable step	€ 295,405 Equity 2024: € 295,405 ▼ 4% vs 2023 (€ 307,378) Unfavourable step	€ 286,193 Equity 2025: € 286,193 ▼ 3% vs 2024 (€ 295,405) Unfavourable step	▼ 3%
Total debts	€ 113,786 Total debts 2022: € 113,786 First fiscal year in the series	€ 104,556 Total debts 2023: € 104,556 ▼ 8% vs 2022 (€ 113,786) Favourable step	€ 39,041 Total debts 2024: € 39,041 ▼ 63% vs 2023 (€ 104,556) Favourable step	€ 38,678 Total debts 2025: € 38,678 ▼ 1% vs 2024 (€ 39,041) Favourable step	▼ 1%
Cash	€ 178,631 Cash 2022: € 178,631 First fiscal year in the series	€ 171,678 Cash 2023: € 171,678 ▼ 4% vs 2022 (€ 178,631) Unfavourable step	€ 91,242 Cash 2024: € 91,242 ▼ 47% vs 2023 (€ 171,678) Unfavourable step	€ 99,079 Cash 2025: € 99,079 ▲ 9% vs 2024 (€ 91,242) Favourable step	▲ 9%
Land & buildings	€ 295,158 Land & buildings 2022: € 295,158 First fiscal year in the series	€ 273,847 Land & buildings 2023: € 273,847 ▼ 7% vs 2022 (€ 295,158) Unchanged	€ 270,125 Land & buildings 2024: € 270,125 ▼ 1% vs 2023 (€ 273,847) Unchanged	€ 247,878 Land & buildings 2025: € 247,878 ▼ 8% vs 2024 (€ 270,125) Unchanged	▼ 8%
Retained profit	€ 300,770 Retained profit 2022: € 300,770 First fiscal year in the series	€ 288,778 Retained profit 2023: € 288,778 ▼ 4% vs 2022 (€ 300,770) Unfavourable step	€ 276,805 Retained profit 2024: € 276,805 ▼ 4% vs 2023 (€ 288,778) Unfavourable step	€ 267,593 Retained profit 2025: € 267,593 ▼ 3% vs 2024 (€ 276,805) Unfavourable step	▼ 3%
Bank debt	€ 15,305 Bank debt 2022: € 15,305 First fiscal year in the series	€ 9,977 Bank debt 2023: € 9,977 ▼ 35% vs 2022 (€ 15,305) Favourable step	€ 4,569 Bank debt 2024: € 4,569 ▼ 54% vs 2023 (€ 9,977) Favourable step	€ 0 Bank debt 2025: € 0 ▼ 100% vs 2024 (€ 4,569) Favourable step	▼ 100%
Balance sheet total	€ 477,654 Balance sheet total 2022: € 477,654 First fiscal year in the series	€ 449,771 Balance sheet total 2023: € 449,771 ▼ 6% vs 2022 (€ 477,654) Unchanged	€ 365,622 Balance sheet total 2024: € 365,622 ▼ 19% vs 2023 (€ 449,771) Unchanged	€ 349,386 Balance sheet total 2025: € 349,386 ▼ 4% vs 2024 (€ 365,622) Unchanged	▼ 4%

Key figures of FRELO, 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 FRELO?

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

Jun 18, 2026 New annual accounts for financial year 2025: loss of € 9,212. Source: NBB ↗
Oct 29, 1992 New establishment in Oud-Heverlee. KBO
Oct 29, 1992 Start of the company according to the CBE. KBO

In short

From € 9,972 loss in 2022 to € 9,212 loss in 2025.

Paid € 10,616 in corporate taxes since 2022.

Original PDFs at the National Bank ↗

Management

Els Vandezande

FRELO

Behind FRELO is Els Vandezande.

Directors

According to the 2025 annual accounts

Els Vandezande

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Waversebaan 35

3050 Oud-Heverlee

2.333.738.836

Blokkenstraat 22

3050 Oud-Heverlee

Active since 29 October 1992

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

Details

Company number: 0448.592.039
VAT number: BE 0448.592.039
Registered office: Waversebaan 35, 3050 Oud-Heverlee
Names & denominations: FRELO
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 29 October 1992
Peppol: Not registered

View on CBE Public ↗ Annual accounts (NBB) ↗