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.
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Tight liquidity NBB
Cash and receivables cover 55 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FREMO from Koksijde, company number BE0466653835, closed financial year 2025 with a result of € -123,290 after tax. For that financial year FREMO recorded a gross margin of € -30,505 and equity of € 40,880. Compared with financial year 2024, the result moved from € -88,682 to € -123,290. The company made a loss. The buffer shrank hard: equity is 75 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 8, 2026.
€ 40,880
▼ 75% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -123,290
▼ 39 % more loss than in 2024
Profit after tax over the fiscal year.
€ 84,778
▼ 57% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -93,120.
People and assets in 2025
€ 51,295
▲ 58% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 149,623
▲ 113% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 342
▼ 9% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -76,183 | € 257,594 | € -15,160 | € -30,505 | ▼ € 15,345 |
| Profit after taxes | € 133,059 | € 80,964 | € -88,682 | € -123,290 | ▼ € 34,608 |
| Equity | € 171,888 | € 252,852 | € 164,170 | € 40,880 | ▼ 75% |
| Total debts | € 1,052,559 | € 1,030,237 | € 752,425 | € 961,637 | ▲ 28% |
| Cash | € 269,022 | € 61,052 | € 196,929 | € 84,778 | ▼ 57% |
| Land & buildings | € 334,438 | € 319,825 | € 309,359 | € 298,893 | ▼ 3% |
| Retained profit | € 37,888 | € 118,852 | € 30,170 | € -93,120 | ▼ € 123,290 |
| Dividend | € 45,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 129,377 | € 33,781 | € 0 | € 0 | |
| Balance sheet total | € 1,289,219 | € 1,347,861 | € 981,367 | € 1,067,288 | ▲ 9% |
Key figures of FREMO, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 March 2027.
What happened to FREMO?
What happened at FREMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Eddy Gerard Notebaert stepped down as director. NBB
- Grietje Waffelaert stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 123,290. filed late Source: NBB ↗
- Eddy Gerard Notebaert became a director. NBB
- Grietje Waffelaert became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 133,059 profit in 2021 to € 123,290 loss in 2025.
Paid € 109,573 in corporate taxes since 2021.
Best year ever: 2021, with € 133,059 profit.
Paid out € 45,000 in dividends to the owners in total.
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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
Directors
According to the 2025 annual accounts
Eddy Gerard Notebaert
Director
since 2022 · until 2028
Grietje Waffelaert
Director
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
C. Schoolmeesterslaan(Kok) 51
8670 Koksijde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0466.653.835
- VAT number
- BE 0466.653.835
- Registered office
- C. Schoolmeesterslaan(Kok) 51, 8670 Koksijde
- Names & denominations
- FREMO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 August 1999
- Peppol
- Active · Active since 23 Dec 2025
- Activities · NACE
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