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 42 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FREE STYLE EUROPE from Kortrijk, company number BE0472597757, closed financial year 2025 with a result of € 16,506 after tax. For that financial year FREE STYLE EUROPE recorded a gross margin of € 52,610 and equity of € 144,787. Compared with financial year 2024, the result moved from € 20,043 to € 16,506. 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 August 25, 2026.
€ 144,787
▼ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,506
▼ 18% vs 2024
Profit after tax over the fiscal year.
€ 8,064
▼ 65% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 35,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 24,701
▼ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 23,293
▼ 30% vs 2024
€ 11,786 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 410
▼ 96% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 41,162
▲ 286% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 112,266 | € 125,995 | - | - | |
| Gross margin | € 41,631 | € 48,620 | € 51,819 | € 52,610 | ▲ 2% |
| Profit after taxes | € 17,826 | € 15,141 | € 20,043 | € 16,506 | ▼ 18% |
| Equity | € 180,097 | € 173,238 | € 163,281 | € 144,787 | ▼ 11% |
| Total debts | € 49,327 | € 84,655 | € 74,649 | € 89,365 | ▲ 20% |
| Cash | € 27,076 | € 11,805 | € 22,744 | € 8,064 | ▼ 65% |
| Land & buildings | € 184,985 | € 176,734 | € 168,482 | € 175,962 | ▲ 4% |
| Retained profit | € 118,097 | € 111,238 | € 101,281 | € 82,787 | ▼ 18% |
| Dividend | € 20,000 | € 22,000 | € 30,000 | € 35,000 | ▲ 17% |
| Bank debt | € 6,598 | € 44,051 | € 33,138 | € 23,293 | ▼ 30% |
| Balance sheet total | € 229,424 | € 257,893 | € 237,930 | € 234,152 | ▼ 2% |
Key figures of FREE STYLE EUROPE, 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 FREE STYLE EUROPE?
What happened at FREE STYLE EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 16,506 (▼ 18% vs 2024). filed late Source: NBB ↗
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 17,826 profit in 2022 to € 16,506 profit in 2025.
Paid € 36,282 in corporate taxes since 2022.
Best year ever: 2024, with € 20,043 profit.
Paid out € 107,000 in dividends to the owners in total.
Establishments
Establishment units
Physical locations of this company
Debustraat(Bis) 3
8501 Kortrijk
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0472.597.757
- VAT number
- BE 0472.597.757
- Registered office
- Debustraat(Bis) 3, 8501 Kortrijk
- Names & denominations
- FREE STYLE EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 August 2000
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Overige activiteiten i .v.m. administratie, n.e.g.
Diverse administratieve activiteiten ten behoeve van kantoren
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen