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 2 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2024; 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 2024
FRED AND CO from Elsene, company number BE0663582938, closed financial year 2024 with a result of € -255,249 after tax. For that financial year FRED AND CO recorded a gross margin of € 466,985 and equity of € -156,449. Compared with financial year 2023, the result moved from € 432,453 to € -255,249. 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 September 29, 2025.
€ -156,449
▼ € 223,729 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -255,249
▼ still € 432,453 profit in 2023
Profit after tax over the fiscal year.
€ 98,492
▼ 40% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3 million.
Debts at end 2024
€ 3.5 million
▼ 14% vs 2023
€ 567,091 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 116,043
▼ 12% vs 2023
Supplier invoices still open on the last day of the fiscal year.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -73,672 | € 178,975 | € 238,440 | € 466,985 | ▲ 96% |
| Profit after taxes | € -662,667 | € -570,769 | € 432,453 | € -255,249 | ▼ € 687,702 |
| Equity | € 205,595 | € -365,174 | € 67,279 | € -156,449 | ▼ € 223,729 |
| Total debts | € 8,750,557 | € 8,687,842 | € 8,988,526 | € 8,636,891 | ▼ 4% |
| Cash | € 182,996 | € 40,938 | € 164,541 | € 98,492 | ▼ 40% |
| Land & buildings | € 6,417,676 | € 6,091,991 | € 5,875,659 | € 5,517,177 | ▼ 6% |
| Retained profit | € -2,594,405 | € -3,165,174 | € -2,732,721 | € -2,987,970 | ▼ € 255,250 |
| Bank debt | € 5,147,138 | € 4,576,468 | € 4,015,825 | € 3,458,097 | ▼ 14% |
| Balance sheet total | € 9,059,490 | € 8,414,152 | € 9,139,223 | € 8,559,803 | ▼ 6% |
Key figures of FRED AND CO, 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 FRED AND CO?
What happened at FRED AND CO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- PROWINKO BELGIE HOLDING SRL stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 255,250 (▼ € 687,702 vs 2023). filed late Source: 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 € 662,667 loss in 2021 to € 255,250 loss in 2024.
Paid € 4,992 in corporate taxes since 2021.
Best year ever: 2023, with € 432,453 profit.
A new publication or filing at FRED AND CO? We notify you, reason included.
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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
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. It owns 100% of AGRICOLES IMPORT & EXPORT AG itself.
Directors
According to the 2024 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 +19 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 +19 more
since 2020 · until 2026
Shareholders
Participations
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