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 26 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
49 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MOOLFREET from Brussel, company number BE0536642404, closed financial year 2025 with a result of € -84,673 after tax. For that financial year MOOLFREET recorded a gross margin of € 219,451 and equity of € 2.1 million. Compared with financial year 2023, the result moved from € 2.4 million to € -84,673. 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 July 31, 2026.
€ 2.1 million
▼ 5% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -84,673
▼ still € 2.4 million profit in 2023
Profit after tax over the fiscal year.
€ 59,220
▲ € 59,055 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.9 million.
Debts at end 2025
€ 2.2 million
€ 195,409 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 24,849
▼ 95% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 5,659
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 345,031 | € 138,949 | € 3,095,747 | € 219,451 | ▼ 93% |
| Profit after taxes | € 111,286 | € -201,840 | € 2,384,043 | € -84,673 | ▼ € 2.5 million |
| Equity | € 43,271 | € -158,569 | € 2,225,474 | € 2,109,089 | ▼ 5% |
| Total debts | € 1,764,621 | € 1,742,845 | € 470,941 | € 2,266,720 | ▲ € 1.8 million |
| Cash | € 58,637 | € 38,900 | € 165 | € 59,220 | ▲ € 59,055 |
| Land & buildings | € 1,641,642 | € 1,491,099 | - | € 5,033,687 | |
| Retained profit | € -136,729 | € -338,569 | € 2,045,474 | € 1,929,089 | ▼ 6% |
| Bank debt | € 1,600,010 | € 0 | € 0 | € 2,236,193 | |
| Balance sheet total | € 1,807,892 | € 1,584,276 | € 3,477,252 | € 5,101,336 | ▲ 47% |
Key figures of MOOLFREET, fiscal years 2021 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 MOOLFREET?
What happened at MOOLFREET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 84,673 (▼ € 2.5 million vs 2023). Source: NBB ↗
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
- Torben Reine became a director. NBB
- Gilles Quaglia became a director. NBB
In short
From € 111,286 profit in 2021 to € 84,673 loss in 2025.
Best year ever: 2023, with € 2.4 million profit.
Management
Behind MOOLFREET are Torben Reine and Gilles Quaglia. The same people are also behind GOLDPRINT. Gilles Quaglia is also behind LGR PACKAGING BE and LGR INTERNATIONAL.
Directors
According to the 2025 annual accounts
since 2013
since 2013
Establishments
Establishment units
Physical locations of this company
Louizalaan 287 box 16
1050 Brussel
Louizalaan 500 box 6
1050 Brussel
Active since 12 July 2013
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 49 companies are registered at this address.
All companies at this address →Schiedel Metaloterm
€ 334,379 gross margin · 2025
International Investment Associates
GOLDPRINT same network
€ 6.9 million revenue · 2025
G.L. - METAL
LYONNAISE BELGIQUE - BELGIE
+44 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
- 0536.642.404
- VAT number
- BE 0536.642.404
- Registered office
- Louizalaan 287 bus 16, 1050 Brussel
- Names & denominations
- MOOLFREET
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 July 2013
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Diverse ondersteunende activiteiten ten behoeve van voorzieningen