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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Figures corrected NBB
Corrected annual account filed for 2024.
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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.
€ 1.6 million
▼ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -366,024
▼ still € 368,359 profit in 2024
Profit after tax over the fiscal year.
€ 47,411
▼ 89% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.4 million.
People and assets in 2025
6
Average over the fiscal year, from the social balance sheet.
€ 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.
€ 11,404
▼ 37% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 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.
€ 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.
€ 749,424
▲ 120% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 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.
A new publication or filing at FREDO? 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
The stake of Dominique London, EQUILIBRIUM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FREDOBehind FREDO are Frédéric Dechamps and Dominique Gyselinck. The shares are held by Dominique London (100%) and EQUILIBRIUM (99%).
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
since 2003
Shareholders
100%
99%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Henri Lebbestraat 188
8790 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 16 companies are registered at this address.
All companies at this address →ASTUCE same network
€ 886,345 revenue · 2025
Belgium Luxury Trading same network
€ 864,608 revenue · 2025
SEACORIN
€ 23 million revenue · 2025
CARTOUCHES same network
€ 837,622 revenue · 2025
DL Spirits same network
€ 144,868 revenue · 2025
+11 more
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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