Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FRECo from Brasschaat, company number BE0691981073, closed financial year 2025 with a result of € -233,460 after tax. For that financial year FRECo recorded a gross margin of € 512,575 and equity of € -1.2 million. Compared with financial year 2024, the result moved from € -530,292 to € -233,460. 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 June 23, 2026.
€ -1.2 million
▼ € 233,460 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -233,460
▲ 56 % less loss than in 2024
Profit after tax over the fiscal year.
€ 97,099
▲ 31% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3.4 million.
Debts at end 2025
€ 9.2 million
▲ 12% vs 2024
€ 449,098 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 32,521
▼ 86% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 22,087
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 11,775 | € 18,445 | € 25,319 | € 512,575 | ▲ € 487,256 |
| Profit after taxes | € -477,594 | € -512,847 | € -530,292 | € -233,460 | ▲ € 296,832 |
| Equity | € 36,954 | € -475,893 | € -1,006,185 | € -1,239,646 | ▼ € 233,460 |
| Total debts | € 6,283,052 | € 6,546,933 | € 8,906,272 | € 10,075,980 | ▲ 13% |
| Cash | € 62,717 | € 4,929 | € 73,919 | € 97,099 | ▲ 31% |
| Land & buildings | € 6,201,514 | € 6,004,488 | € 7,750,739 | € 8,703,492 | ▲ 12% |
| Retained profit | € -2,096,379 | € -2,609,226 | € -3,139,518 | € -3,372,979 | ▼ € 233,460 |
| Bank debt | € 6,031,021 | € 6,159,408 | € 8,156,558 | € 9,174,166 | ▲ 12% |
| Balance sheet total | € 6,320,006 | € 6,071,040 | € 7,900,087 | € 8,836,334 | ▲ 12% |
Key figures of FRECo, 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 FRECo?
What happened at FRECo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 233,460. Source: NBB ↗
- New establishment in Brasschaat. KBO
- Start of the company according to the CBE. KBO
In short
From € 477,594 loss in 2022 to € 233,460 loss in 2025.
Paid € 10 in corporate taxes since 2022.
A new publication or filing at FRECo? 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 MIERIC, BeView comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FRECoBehind FRECo is Frédéric Femont. The shares are held by MIERIC (32.8%) and BeView (16.9%).
Directors
According to the 2025 annual accounts
Frédéric Femont
Director
Also active at: LOUISA EEN, CONVIVENDUM, Werkpaard, BPF BUILD, CONVIVENDUM CONSTRUCT, MAPAT, Convivendum Terra
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Lage Kaart 79
2930 Brasschaat
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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.
Details
- Company number
- 0691.981.073
- VAT number
- BE 0691.981.073
- Registered office
- Lage Kaart 79, 2930 Brasschaat
- Names & denominations
- FRECo
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 March 2018
- Peppol
- Active · Active since 5 Jan 2026
- Activities · NACE
Hotels en dergelijke accommodatie
Verhuur en exploitatie van sociale woningen
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Activiteiten van eetgelegenheden met volledige bediening
Verhuur en exploitatie van terreinen
Handel in eigen onroerend goed
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