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 2 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 28 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FREE TEGELS from Antwerpen, company number BE0803082103, closed financial year 2025 with a result of € -8,749 after tax. For that financial year FREE TEGELS recorded revenue of € 267,876 and equity of € -12,095. Compared with financial year 2024, the result moved from € -7,346 to € -8,749. 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 October 26, 2026.
€ -12,095
▼ € 8,749 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -8,749
▼ 19 % more loss than in 2024
Profit after tax over the fiscal year.
€ 2,228
▲ € 2,158 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -16,095.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 85,163
▼ 45% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 19,493
▼ 58% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 24,244
▼ 52% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,516
▲ 39% vs 2024
Taxes, VAT and social contributions still to pay.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Revenue | € 519,082 | € 267,876 | ▼ 48% |
| Gross margin | € 166,488 | € 105,245 | ▼ 37% |
| Profit after taxes | € -7,346 | € -8,749 | ▼ € 1,403 |
| Equity | € -3,346 | € -12,095 | ▼ € 8,749 |
| Total debts | € 64,995 | € 43,980 | ▼ 32% |
| Cash | € 69 | € 2,228 | ▲ € 2,158 |
| Retained profit | € -7,346 | € -16,095 | ▼ € 8,749 |
| Balance sheet total | € 61,649 | € 31,885 | ▼ 48% |
Key figures of FREE TEGELS, fiscal years 2024 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 TEGELS?
What happened at FREE TEGELS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 8,749. filed late Source: NBB ↗
- New establishment in Sint-Joost-ten-Node. KBO
- Yusein Ulvi Ismail became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 7,346 loss in 2024 to € 8,749 loss in 2025.
Paid € 1,487 in corporate taxes since 2024.
Management
Behind FREE TEGELS is Yusein Ulvi Ismail.
Directors
According to the 2025 annual accounts
Yusein Ulvi Ismail
Bestuurder
since 2023
Establishments
Establishment units
Physical locations of this company
Brusselstraat 51
2018 Antwerpen
Gemeentestraat 31 box glv
1210 Sint-Joost-ten-Node
Active since 1 July 2023
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
- 0803.082.103
- VAT number
- BE 0803.082.103
- Registered office
- Brusselstraat 51, 2018 Antwerpen
- Names & denominations
- FREE TEGELS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 June 2023
- Peppol
- Active · Active since 8 Jun 2026
- Activities · NACE
Plaatsen van vloer- en wandtegels
Metselwerk
Installatie van isolatie
Plaatsen van vloerbedekking en wandbekleding van hout
Waterdichtingswerken van muren
Uitvoeren van metsel- en voegwerken
Isolatiewerkzaamheden