Active · per the CBE, 16 September 2026

FREDO

BE0478012832

Rechtspersoon Private limited company 1 establishment

FREDO is a newsagent in Waregem. Private Limited, started on 17 July 2002, 1 establishment.

Henri Lebbestraat 188, 8790 Waregem

Behind the company: Frédéric Dechamps, Dominique Gyselinck.

Active for

24 year, 1 month

Warning lights

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

  • Figures corrected NBB

    Corrected annual account filed for 2024.

  • Busy address KBO

    16 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

FREDO from Waregem, company number BE0478012832, closed financial year 2025 with a result of € -366,024 after tax. For that financial year FREDO recorded revenue of € 9 million and equity of € 1.6 million. Compared with financial year 2024, the result moved from € 368,359 to € -366,024. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 7, 2026.

What it is worth Healthy

€ 1.6 million

▼ 19% vs 2024

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

Loss Caution

€ -366,024

▼ still € 368,359 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 47,411

▼ 89% 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 € 1.4 million.

People and assets in 2025

Full-time equivalents

6

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 455,052

▲ 14% vs 2024

€ 75,800 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.

Vehicles and equipment

€ 11,404

▼ 37% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 years to go

€ 1.2 million

▲ € 1.2 million vs 2024

€ 81,594 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 2.5 million

▲ 150% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 111 days on average.

Taxes and wages

€ 749,424

▲ 120% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Revenue € 6,781,837 € 7,492,268 € 6,456,169 € 8,964,952 ▲ 39%
Profit after taxes € -1,056,477 € 1,049,330 € 368,359 € -366,024 ▼ € 734,383
Equity € 545,267 € 1,594,597 € 1,962,956 € 1,596,932 ▼ 19%
Total debts € 3,747,185 € 2,730,778 € 2,615,092 € 6,575,014 ▲ 151%
Cash € 289,360 € 310,495 € 423,888 € 47,411 ▼ 89%
Retained profit € 391,667 € 1,440,997 € 1,809,356 € 1,443,332 ▼ 20%
Bank debt € 125,817 € 50,919 € 11,350 € 1,216,847 ▲ € 1.2 million
Balance sheet total € 4,292,452 € 4,325,375 € 4,578,048 € 8,171,946 ▲ 79%
Employees (FTE) 5.8 6 6 6

Key figures of FREDO, 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 FREDO?

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

  • New annual accounts for financial year 2025: loss of € 366,024 (▼ € 734,383 vs 2024). Source: NBB ↗
  • Dominique Gyselinck became a director. NBB
  • New establishment in Waregem. KBO
  • Start of the company according to the CBE. KBO
  • Frédéric Dechamps became a director. NBB

In short

From € 1.1 million loss in 2022 to € 366,024 loss in 2025.

Paid € 880,743 in corporate taxes since 2022.

Best year ever: 2023, with € 1 million profit.

Pays suppliers within 111 days on average.

Management

The stake of Dominique London, EQUILIBRIUM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

FREDO

Behind FREDO are Frédéric Dechamps and Dominique Gyselinck. The shares are held by Dominique London (100%) and EQUILIBRIUM (99%).

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Directors

According to the 2025 annual accounts

Frédéric Dechamps

Director

Also active at: ASTUCE, Belgium Luxury Trading, CARTOUCHES, DL Spirits, DL Knokke, DL Ukkel, DL Antwerp, Dominique London +1 more

since 2002

Dominique Gyselinck

Director

Also active at: DL Spirits, Dominique London

since 2003

Shareholders

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Henri Lebbestraat 188

8790 Waregem

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

Details

Company number
0478.012.832
VAT number
BE 0478.012.832
Registered office
Henri Lebbestraat 188, 8790 Waregem
Names & denominations
FREDO
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
17 July 2002
Peppol
Active · Active since 31 Dec 2025
Activities · NACE

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Frequently asked questions

What does FREDO do?
FREDO is a newsagent in Waregem. Private Limited, started on 17 July 2002, 1 establishment.
What is the address of FREDO?
The registered office of FREDO is located at Henri Lebbestraat 188, 8790 Waregem.
Is FREDO still active?
Yes. According to the CBE (16 September 2026) FREDO is active, legal situation “Normale toestand”, started on 17 July 2002.
Is FREDO registered on Peppol?
Yes, FREDO is registered on the Peppol network with ID 0208:0478012832.
What is the enterprise number of FREDO?
The enterprise number of FREDO is BE0478012832.
When was FREDO founded?
FREDO was founded on 17 July 2002.