Active · per the CBE, 18 September 2026

FREESPACE

BE0508436287

Rechtspersoon Public limited company 1 establishment

Bellevue 5 box 301, 9050 Gent

Active for

13 year, 9 months

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 2023 and 2024.

  • Busy address KBO

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

Financials

Financial year 2024

FREESPACE from Gent, company number BE0508436287, closed financial year 2024 with a result of € -10,954 after tax. For that financial year FREESPACE recorded a gross margin of € -9,487 and equity of € 9.1 million. Compared with financial year 2023, the result moved from € -15,402 to € -10,954. The company made a loss. 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 September 29, 2025.

What it is worth Healthy

€ 9.1 million

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

Loss Caution

€ -10,954

▲ 29 % less loss than in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 17,225

▼ 40% vs 2023

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 € 9 million.

Debts at end 2024

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 7,260

Supplier invoices still open on the last day of the fiscal year.

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Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Gross margin € -12,184 € -12,032 € -13,458 € -9,487 ▲ € 3,971
Profit after taxes € 5,321,716 € 3,353,744 € -15,402 € -10,954 ▲ € 4,447
Equity € 6,868,306 € 9,122,049 € 9,106,647 € 9,095,693
Total debts € 2,254,909 € 7,260 € 7,706 € 7,260 ▼ 6%
Cash € 37,553 € 43,648 € 28,692 € 17,225 ▼ 40%
Retained profit € 6,768,306 € 9,022,049 € 9,006,647 € 8,995,693
Dividend € 0 € 1,100,000 € 0 € 0
Balance sheet total € 9,123,214 € 9,129,309 € 9,114,353 € 9,102,953

Key figures of FREESPACE, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to FREESPACE?

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

  • Bernard Van Hoorebeke stepped down as director. NBB
  • Michel De Bisscop stepped down as director. NBB
  • Emiel Lathouwers stepped down as director. NBB
  • Francis Geernaert stepped down as director. NBB
  • New annual accounts for financial year 2024: loss of € 10,954. filed late Source: NBB ↗
  • Bernard Van Hoorebeke became a director. NBB
  • Michel De Bisscop became a director. NBB
  • Emiel Lathouwers became a director. NBB

In short

From € 5.3 million profit in 2021 to € 10,954 loss in 2024.

Best year ever: 2021, with € 5.3 million profit.

Paid out € 1.1 million in dividends to the owners in total.

Management

The stake of SERVICES DEVELOPMENT MANAGEMENT, GECOM, BELCOFIM, TERRA ET AQUA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

FREESPACE
D&W 43.1%

The shares are held by SERVICES DEVELOPMENT MANAGEMENT (25%), GECOM (25%), BELCOFIM (25%) and TERRA ET AQUA (25%). It owns 43.1% of D&W and 43.1% of HOTEL DUINENWATER itself.

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Directors

According to the 2024 annual accounts

Bernard Van Hoorebeke

Director

Also active at: Pallen Sales, AGENTSCHAP PALLEN, Pallen Properties, LVH INVEST, CVH, PALLEN INVEST

since 2021 · until 2027

Michel De Bisscop

Director

Also active at: BIS BEHEER, DUINEN INVEST, BIS CONSTRUCT

since 2021 · until 2027

Emiel Lathouwers

Director

Also active at: The Roastery, ATMOSPHERE, CAP, NIEUWE EIGEN WONING, NEW BUILD, ADT PROJECT, ADT DEVELOPMENT, MORE THAN STONES +1 more

since 2021 · until 2027

Francis Geernaert

Managing director

Also active at: GREEN-CORNER, GECOM, THE BARON'S TOO, C.A.D. HOLDING, Gasthof Den Ever, BELCO FLANDERS, HERON, Belco Construct +5 more

since 2021 · until 2027

Participations

Establishments

Establishment units

Physical locations of this company

Registered office

Bellevue 5 box 301

9050 Gent

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

Details

Company number
0508.436.287
VAT number
BE 0508.436.287
Registered office
Bellevue 5 bus 301, 9050 Gent
Names & denominations
FREESPACE
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
10 December 2012
Peppol
Active · Active since 3 Dec 2025

Frequently asked questions

What is the address of FREESPACE?
The registered office of FREESPACE is located at Bellevue 5 box 301, 9050 Gent.
Is FREESPACE still active?
Yes. According to the CBE (18 September 2026) FREESPACE is active, legal situation “Normale toestand”, started on 10 December 2012.
Is FREESPACE registered on Peppol?
Yes, FREESPACE is registered on the Peppol network with ID 0208:0508436287.
What is the enterprise number of FREESPACE?
The enterprise number of FREESPACE is BE0508436287.
When was FREESPACE founded?
FREESPACE was founded on 10 December 2012.
Who owns FREESPACE?
The shares are held by SERVICES DEVELOPMENT MANAGEMENT (25%), GECOM (25%), BELCOFIM (25%) and TERRA ET AQUA (25%). It owns 43.1% of D&W and 43.1% of HOTEL DUINENWATER itself.