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 1 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
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Late annual account NBB
Fiscal year 2024 was filed 266 days after the legal deadline.
Financials
Financial year 2024
FREE2MOVE BELGIUM from Brussel, company number BE0739870171, closed financial year 2024 with a result of € -572,108 after tax. For that financial year FREE2MOVE BELGIUM recorded a gross margin of € 174,589 and equity of € -503,821. Compared with financial year 2023, the result moved from € -78,090 to € -572,108. 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 April 23, 2026.
€ -503,821
▼ € 572,108 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -572,108
▼ 633 % more loss than in 2023
Profit after tax over the fiscal year.
€ 140,480
▼ 33% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -508,821.
People and assets in 2024
4.8
▲ 2.8 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 307,919
▲ 116% vs 2023
€ 64,100 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.
€ 2,473
▲ 13% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 989,249
▲ € 763,305 vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 115,780
▲ € 100,316 vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 212,091 | € 412,695 | € 114,268 | € 174,589 | ▲ 53% |
| Profit after taxes | € -14,400 | € 133,058 | € -78,090 | € -572,108 | ▼ € 494,019 |
| Equity | € 13,319 | € 146,377 | € 68,287 | € -503,821 | ▼ € 572,108 |
| Total debts | € 497,085 | € 1,196,329 | € 1,024,723 | € 2,339,114 | ▲ 128% |
| Cash | € 27,214 | € 96,717 | € 210,059 | € 140,480 | ▼ 33% |
| Retained profit | € 8,319 | € 141,377 | € 63,287 | € -508,821 | ▼ € 572,108 |
| Balance sheet total | € 510,405 | € 1,342,706 | € 1,093,010 | € 1,835,292 | ▲ 68% |
| Employees (FTE) | 2.4 | 1.8 | 2 | 4.8 | ▲ 2.8 |
Key figures of FREE2MOVE BELGIUM, 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 FREE2MOVE BELGIUM?
What happened at FREE2MOVE BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 572,108. filed late Source: NBB ↗
- New establishment in Brussel. KBO
- Lotfi Louez became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 14,400 loss in 2021 to € 572,108 loss in 2024.
Paid € 94,990 in corporate taxes since 2021.
Best year ever: 2022, with € 133,058 profit.
On average € 36,400 of value added per employee in 2024.
A new publication or filing at FREE2MOVE BELGIUM? 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
Behind FREE2MOVE BELGIUM is Lotfi Louez.
Directors
According to the 2024 annual accounts
Lotfi Louez
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Bourgetlaan 20 box 2
1130 Brussel
Bourgetlaan 20
1130 Brussel
Active since 1 January 2020
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
- 0739.870.171
- VAT number
- BE 0739.870.171
- Registered office
- Bourgetlaan 20 bus 2, 1130 Brussel
- Names & denominations
- FREE2MOVE BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 December 2019
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
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