Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 9.6 to 1.8.
Financials
Financial year 2025
FREE KINGS from Mechelen, company number BE0687640819, closed financial year 2025 with a result of € -18,996 after tax. For that financial year FREE KINGS recorded a gross margin of € 152,725 and equity of € 436,474. Compared with financial year 2024, the result moved from € 128,485 to € -18,996. 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 June 30, 2026.
€ 436,474
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -18,996
▼ still € 128,485 profit in 2024
Profit after tax over the fiscal year.
€ 10,105
▲ 53% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 401,474.
People and assets in 2025
1.8
▼ 7.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 99,553
▼ 79% vs 2024
€ 55,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 38,129
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 162,912
▲ 3% vs 2024
€ 8,746 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.
€ 71,366
▼ 51% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 559,390 | € 614,068 | € 710,412 | € 152,725 | ▼ 79% |
| Profit after taxes | € 199,203 | € 95,125 | € 128,485 | € -18,996 | ▼ € 147,481 |
| Equity | € 291,860 | € 326,985 | € 455,470 | € 436,474 | ▼ 4% |
| Total debts | € 318,829 | € 592,303 | € 377,875 | € 234,414 | ▼ 38% |
| Cash | € 202,413 | € 309,088 | € 6,601 | € 10,105 | ▲ 53% |
| Land & buildings | - | € 230,909 | € 440,778 | € 419,255 | ▼ 5% |
| Retained profit | € 256,860 | € 291,985 | € 420,470 | € 401,474 | ▼ 5% |
| Dividend | € 60,000 | € 60,000 | € 0 | € 0 | |
| Bank debt | € 29,227 | € 170,823 | € 158,581 | € 162,912 | ▲ 3% |
| Balance sheet total | € 610,689 | € 919,287 | € 833,344 | € 670,888 | ▼ 19% |
| Employees (FTE) | - | 9.6 | 9.1 | 1.8 | ▼ 7.3 |
Key figures of FREE KINGS, 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 FREE KINGS?
What happened at FREE KINGS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 18,996 (▼ € 147,481 vs 2024). Source: NBB ↗
- New establishment in Mechelen. KBO
- Muriël Maebe became a director. NBB
- Geert Willlems became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 199,203 profit in 2022 to € 18,996 loss in 2025.
Paid € 154,535 in corporate taxes since 2022.
Best year ever: 2022, with € 199,203 profit.
On average € 84,800 of value added per employee in 2025.
Management
Behind FREE KINGS are Muriël Maebe and Geert Willlems. Geert Willlems is also behind Glow Media and MIDDERNACHT.
Directors
According to the 2025 annual accounts
Muriël Maebe
Director
since 2018
since 2018
Establishments
Establishment units
Physical locations of this company
Lakenmakersstraat 106 box B
2800 Mechelen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
UNIFIEDLAYER-AS-1 - Unified Layer, US
Website info
Features
Security
Details
- Company number
- 0687.640.819
- VAT number
- BE 0687.640.819
- Registered office
- Lakenmakersstraat 106 bus B, 2800 Mechelen
- Names & denominations
- FREE KINGS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 January 2018
- Peppol
- Active · Active since 10 Dec 2025
- Contact
- freekings.be
- Activities · NACE
Productie van televisieprogramma's