Active · per the CBE, 30 September 2026

FREAP

BE0599795045

Rechtspersoon Private limited company 1 establishment

FREAP is registered with the CBE as active in: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies. Private Limited, started on 27 February 2015, 1 establishment.

Nieuwerkerken-Dorp 68 box 2, 9320 Aalst

Behind the company: Peter Philips, Frederik Philips.

Active for

11 year, 7 months

Financials

Financial year 2026

FREAP from Aalst, company number BE0599795045, closed financial year 2026 with a result of € 72,266 after tax. For that financial year FREAP recorded a gross margin of € 287,491 and equity of € 2.2 million. Compared with financial year 2025, the result moved from € 117,574 to € 72,266. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 22, 2026.

What it is worth Growing

€ 2.2 million

▲ 3% vs 2025

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

Profit Healthy

€ 72,266

▼ 39% vs 2025

Profit after tax over the fiscal year.

Cash in the bank

€ 303,083

▲ € 249,599 vs 2025

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 1,666 paid out

2 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2026

Vehicles and equipment

€ 307,778

▼ 31% vs 2025

Book value of vehicles, furniture and equipment.

Debts at end 2026

Bank debt

None

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

Owed to suppliers

€ 5,354

▲ 49% vs 2025

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

Taxes

€ 14,292

▲ 36% vs 2025

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
2023202420252026Change 2025 → 2026
Gross margin € 310,964 € 305,757 € 290,349 € 287,491 ▼ 1%
Profit after taxes € 181,201 € 143,160 € 117,574 € 72,266 ▼ 39%
Equity € 1,956,306 € 1,999,466 € 2,115,374 € 2,185,974 ▲ 3%
Total debts € 371,984 € 464,064 € 471,313 € 492,027 ▲ 4%
Cash € 1,155,154 € 226,577 € 53,483 € 303,083 ▲ € 249,599
Land & buildings € 970,622 € 937,274 € 903,926 € 870,579 ▼ 4%
Retained profit € 1,687,706 € 1,730,866 € 1,846,774 € 1,917,374 ▲ 4%
Dividend € 1,600 € 100,000 € 1,666 € 1,666
Bank debt € 230 € 18 € 72 € 0 ▼ 100%
Balance sheet total € 2,328,290 € 2,463,530 € 2,586,687 € 2,678,001 ▲ 4%

Key figures of FREAP, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 August 2027.

What happened to FREAP?

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

  • New annual accounts for financial year 2026: profit of € 72,266 (▼ 39% vs 2025). Source: NBB ↗
  • New establishment in Aalst. KBO
  • Start of the company according to the CBE. KBO

In short

From € 181,201 profit in 2023 to € 72,266 profit in 2026.

Paid € 154,234 in corporate taxes since 2023.

Best year ever: 2023, with € 181,201 profit.

Paid out € 104,932 in dividends to the owners in total.

Original PDFs at the National Bank ↗

A new publication or filing at FREAP? We notify you, reason included.

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My folder 3 companies
  • 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
Real filings at the National Bank

Management

Peter Philips Frederik Philips
FREAP
Duraworks

Behind FREAP are Peter Philips and Frederik Philips. Frederik Philips is also behind Duraworks.

See the full network in the app

Directors

According to the 2026 annual accounts

Peter Philips

Director

Frederik Philips

Director

Also active at: Duraworks

Establishments

Establishment units

Physical locations of this company

Registered office

Nieuwerkerken-Dorp 68 box 2

9320 Aalst

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

Vereniging van mede-eigenaars van het appartementsgebouw te Aalst (Nieuwerkerken), Nieuwerkerken-Dorp 68

Duraworks same network

€ 303,064 gross margin · 2025

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

Details

Company number
0599.795.045
VAT number
BE 0599.795.045
Registered office
Nieuwerkerken-Dorp 68 bus 2, 9320 Aalst
Names & denominations
FREAP
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
27 February 2015
Peppol
Active · Active since 26 Nov 2025
Activities · NACE

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

View on CBE Public ↗ Annual accounts (NBB) ↗

Frequently asked questions

What does FREAP do?
FREAP is registered with the CBE as active in: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies. Private Limited, started on 27 February 2015, 1 establishment.
What is the address of FREAP?
The registered office of FREAP is located at Nieuwerkerken-Dorp 68 box 2, 9320 Aalst.
Is FREAP still active?
Yes. According to the CBE (30 September 2026) FREAP is active, legal situation “Normale toestand”, started on 27 February 2015.
Is FREAP registered on Peppol?
Yes, FREAP is registered on the Peppol network with ID 0208:0599795045.
What is the enterprise number of FREAP?
The enterprise number of FREAP is BE0599795045.
When was FREAP founded?
FREAP was founded on 27 February 2015.