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 3 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 11 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
38 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
FRED AND CO from Elsene, company number BE0663582938, closed financial year 2025 with a result of € 97,751 after tax. For that financial year FRED AND CO recorded a gross margin of € 540,247 and equity of € -69,307. Compared with financial year 2024, the result moved from € -255,249 to € 97,751. Profitable, and profit is growing. 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 September 30, 2026.
€ -69,307
▲ € 87,142 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 97,751
▲ still € 255,250 loss in 2024
Profit after tax over the fiscal year.
€ 81,008
▼ 18% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -2.9 million.
Debts at end 2025
€ 2.9 million
▼ 16% vs 2024
€ 582,505 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 67,718
▼ 42% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 178,975 | € 238,440 | € 466,985 | € 540,247 | ▲ 16% |
| Profit after taxes | € -570,769 | € 432,453 | € -255,249 | € 97,751 | ▲ € 353,001 |
| Equity | € -365,174 | € 67,279 | € -156,449 | € -69,307 | ▲ € 87,142 |
| Total debts | € 8,687,842 | € 8,988,526 | € 8,636,891 | € 5,445,064 | ▼ 37% |
| Cash | € 40,938 | € 164,541 | € 98,492 | € 81,008 | ▼ 18% |
| Land & buildings | € 6,091,991 | € 5,875,659 | € 5,517,177 | € 5,230,725 | ▼ 5% |
| Retained profit | € -3,165,174 | € -2,732,721 | € -2,987,970 | € -2,890,219 | ▲ € 97,751 |
| Bank debt | € 4,576,468 | € 4,015,825 | € 3,458,097 | € 2,891,006 | ▼ 16% |
| Balance sheet total | € 8,414,152 | € 9,139,223 | € 8,559,803 | € 5,458,417 | ▼ 36% |
Key figures of FRED AND CO, 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 FRED AND CO?
What happened at FRED AND CO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 97,751. filed late Source: NBB ↗
- PROWINKO BELGIE HOLDING SRL stepped down as director. NBB
- PRIME RETAIL CONSULTANTS S.A. stepped down as director. NBB
- PRIME RETAIL CONSULTANTS S.A. became a director. NBB
- PROWINKO BELGIE HOLDING SRL became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 570,769 loss in 2022 to € 97,751 profit in 2025.
Best year ever: 2023, with € 432,453 profit.
Management
The stake of CASAMAX, PROWINKO BELGIE HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FRED AND COThe shares are held by CASAMAX (100%) and PROWINKO BELGIE HOLDING.
Directors
According to the 2025 annual accounts
Director · represented by Philip VAN PERLSTEIN
Also active at: POG VvP2, Boneff, MASERGY, QUINTO SERVICES, ESTIA, QUINTA VAN VYVE, AGRICOLES IMPORT & EXPORT AG, EDELVALK +20 more
since 2020 · until 2025
Director · represented by Max VORST
Also active at: POG VvP2, Boneff, MASERGY, QUINTO SERVICES, ESTIA, QUINTA VAN VYVE, AGRICOLES IMPORT & EXPORT AG, RUGBIMMO +20 more
since 2020 · until 2026
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Louizalaan 32 box B15
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 38 companies are registered at this address.
All companies at this address →FEDERALE PARTICIPATIE- EN INVESTERINGSMAATSCHAPPIJ
Louiseville
Belgische Uitvoervereniging
Les Maitres Imprimeurs de Belgique
SFPIM International
+33 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
- 0663.582.938
- VAT number
- BE 0663.582.938
- Registered office
- Louizalaan 32 bus B15, 1050 Elsene
- Names & denominations
- FRED AND CO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 September 2016
- Peppol
- Not registered
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Activiteiten van holdings
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Holdings