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 2 of the last 3 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FREE ENERGY GROUP from Sint-Niklaas, company number BE0790283348, closed financial year 2025 with a result of € -17,890 after tax. For that financial year FREE ENERGY GROUP recorded a gross margin of € -8,074 and equity of € -24,696. Compared with financial year 2024, the result moved from € -7,611 to € -17,890. 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 August 13, 2026.
€ -24,696
▼ € 17,890 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -17,890
▼ 135 % more loss than in 2024
Profit after tax over the fiscal year.
€ 101
▼ 80% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -30,696.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 88,096
▲ € 79,764 vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -2,409 | € -1,596 | € -8,074 | ▼ € 6,478 |
| Profit after taxes | € -5,196 | € -7,611 | € -17,890 | ▼ € 10,279 |
| Equity | € 804 | € -6,806 | € -24,696 | ▼ € 17,890 |
| Total debts | € 14,633 | € 22,965 | € 123,786 | ▲ € 100,822 |
| Cash | € 1,080 | € 494 | € 101 | ▼ 80% |
| Retained profit | € -5,196 | € -12,806 | € -30,696 | ▼ € 17,890 |
| Balance sheet total | € 15,437 | € 16,158 | € 99,090 | ▲ € 82,932 |
Key figures of FREE ENERGY GROUP, fiscal years 2023 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 ENERGY GROUP?
What happened at FREE ENERGY GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 17,890. filed late Source: NBB ↗
- AMB Invest VOF became a director. NBB
- Bart De Groot became a director. NBB
- Joris Meersmans became a director. NBB
- New establishment in Sint-Niklaas. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,196 loss in 2023 to € 17,890 loss in 2025.
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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 FREE ENERGY GROUP are AMB Invest VOF, Bart De Groot and Joris Meersmans. The shares are held by BAN Portfolio Invest 1, Dealfish, Ilya Slijters, Walter Luyten, AMB Invest and Nika Schuermans.
Directors
According to the 2025 annual accounts
since 2026
Bart De Groot
Director
since 2026
Joris Meersmans
Director
Is a shareholder
since 2026
Shareholders
Ilya Slijters
Walter Luyten
Nika Schuermans
Frédéric Steegmans
Joris Meersmans · director
Johan Van Genechten
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Nauwstraat 11 box C
9111 Sint-Niklaas
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0790.283.348
- VAT number
- BE 0790.283.348
- Registered office
- Nauwstraat 11 bus C, 9111 Sint-Niklaas
- Names & denominations
- FREE ENERGY GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 August 2022
- Peppol
- Active · Active since 22 Oct 2025
- Activities · NACE
Elektrotechnische installatiewerken van nijverheidsinrichtingen
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Algemene elektrotechnische installatiewerken
Groothandel in elektrisch materiaal, inclusief installatiemateriaal
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