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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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 42 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FR ENGINEERING & DEVELOPMENT CONSULTANCY from Wetteren, company number BE0505736422, closed financial year 2025 with a result of € -14,837 after tax. For that financial year FR ENGINEERING & DEVELOPMENT CONSULTANCY recorded a gross margin of € -11,286 and equity of € -5,597. Compared with financial year 2024, the result moved from € -66,886 to € -14,837. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 7, 2026.
€ -5,597
▼ € 14,837 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -14,837
▲ 78 % less loss than in 2024
Profit after tax over the fiscal year.
€ 6,843
▲ 300% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -12,597.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 4,166
▲ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,976
▼ 48% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 69,488 | € 41,106 | € -56,941 | € -11,286 | ▲ € 45,655 |
| Profit after taxes | € 52,471 | € 23,631 | € -66,886 | € -14,837 | ▲ € 52,049 |
| Equity | € 72,396 | € 76,126 | € 9,240 | € -5,597 | ▼ € 14,837 |
| Total debts | € 32,680 | € 57,185 | € 47,209 | € 40,389 | ▼ 14% |
| Cash | € 1,268 | € 907 | € 1,709 | € 6,843 | ▲ 300% |
| Retained profit | € 65,396 | € 69,126 | € 2,240 | € -12,597 | ▼ € 14,837 |
| Dividend | € 0 | € 19,900 | € 0 | € 0 | |
| Balance sheet total | € 105,076 | € 133,312 | € 56,450 | € 34,793 | ▼ 38% |
Key figures of FR ENGINEERING & DEVELOPMENT CONSULTANCY, 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 FR ENGINEERING & DEVELOPMENT CONSULTANCY?
What happened at FR ENGINEERING & DEVELOPMENT CONSULTANCY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 14,837. Source: NBB ↗
- Matthew Philpott became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Wetteren. KBO
In short
From € 52,471 profit in 2022 to € 14,837 loss in 2025.
Paid € 15,289 in corporate taxes since 2022.
Best year ever: 2022, with € 52,471 profit.
Paid out € 19,900 in dividends to the owners in total.
Management
Behind FR ENGINEERING & DEVELOPMENT CONSULTANCY is Matthew Philpott. It owns 50% of BV Ent Studios itself.
Directors
According to the 2025 annual accounts
Matthew Philpott
Director
since 2014
Establishments
Establishment units
Physical locations of this company
Slekkebeek 34
9230 Wetteren
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0505.736.422
- VAT number
- BE 0505.736.422
- Registered office
- Slekkebeek 34, 9230 Wetteren
- Names & denominations
- FR ENGINEERING & DEVELOPMENT CONSULTANCY · FRED Consultancy
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 November 2014
- Peppol
- Active · Active since 29 Apr 2025
- Activities · NACE
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