Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
-
Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
FREVALINE from Oostende, company number BE0690747490, closed financial year 2024 with a result of € -55,112 after tax. For that financial year FREVALINE recorded a gross margin of € -12,844 and equity of € 21,512. Compared with financial year 2023, the result moved from € -17,621 to € -55,112. The company made a loss. The buffer shrank hard: equity is 72 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 30, 2025.
€ 21,512
▼ 72% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -55,112
▼ 213 % more loss than in 2023
Profit after tax over the fiscal year.
€ 6,062
▼ 9% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -128,488.
People and assets in 2024
0
Average over the fiscal year, from the social balance sheet.
€ 4,513
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 434,207
▲ 100% vs 2023
Loans from banks and other lenders, long and short.
€ 10,003
▲ 72% 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 | € -12,809 | € 18,947 | € -9,655 | € -12,844 | ▼ € 3,189 |
| Profit after taxes | € -14,449 | € 14,033 | € -17,621 | € -55,112 | ▼ € 37,491 |
| Equity | € 80,212 | € 94,245 | € 76,624 | € 21,512 | ▼ 72% |
| Total debts | € 80,804 | € 11,054 | € 329,050 | € 579,927 | ▲ 76% |
| Cash | € 0 | - | € 6,664 | € 6,062 | ▼ 9% |
| Retained profit | € -69,788 | € -55,755 | € -73,376 | € -128,488 | ▼ € 55,112 |
| Bank debt | € 75,626 | € 4 | € 216,733 | € 434,207 | ▲ 100% |
| Balance sheet total | € 161,016 | € 105,299 | € 405,674 | € 601,439 | ▲ 48% |
Key figures of FREVALINE, 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 FREVALINE?
What happened at FREVALINE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 55,112. filed late Source: NBB ↗
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
- CARL DE MEESTERE became a director. NBB
- INGRID CLAEYS became a director. NBB
In short
From € 14,449 loss in 2021 to € 55,112 loss in 2024.
Best year ever: 2022, with € 14,033 profit.
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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
Behind FREVALINE are CARL DE MEESTERE and INGRID CLAEYS. CARL DE MEESTERE is also behind WESTBURO and FREDENCO.
Establishments
Establishment units
Physical locations of this company
Zeedijk 22
8400 Oostende
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0690.747.490
- VAT number
- BE 0690.747.490
- Registered office
- Zeedijk 22, 8400 Oostende
- Names & denominations
- FREVALINE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 February 2018
- Peppol
- Active · Active since 22 Jan 2026