Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 42 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FRELIS from Torhout, company number BE0816766328, closed financial year 2025 with a result of € 34,138 after tax. For that financial year FRELIS recorded a gross margin of € 107,113 and equity of € 167,407. Compared with financial year 2024, the result moved from € 2,248 to € 34,138. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 22, 2025.
€ 167,407
▲ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 34,138
▲ € 31,891 vs 2024
Profit after tax over the fiscal year.
€ 13,630
▲ 258% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1,427 paid out
4 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 16,679
▼ 42% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 397,014
▲ 71% vs 2024
€ 28,555 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 6,916
▲ 89% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,278
▼ 82% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 94,712 | € 67,673 | € 50,334 | € 107,113 | ▲ 113% |
| Profit after taxes | € 52,071 | € 13,299 | € 2,248 | € 34,138 | ▲ € 31,891 |
| Equity | € 122,414 | € 134,113 | € 134,695 | € 167,407 | ▲ 24% |
| Total debts | € 393,336 | € 379,304 | € 390,013 | € 623,060 | ▲ 60% |
| Cash | € 8,809 | € 3,441 | € 3,804 | € 13,630 | ▲ 258% |
| Land & buildings | € 341,485 | € 323,012 | € 304,540 | € 286,067 | ▼ 6% |
| Retained profit | € 110,014 | € 121,713 | € 122,295 | € 155,007 | ▲ 27% |
| Dividend | € 0 | € 1,600 | € 1,666 | € 1,427 | ▼ 14% |
| Bank debt | € 293,121 | € 263,112 | € 232,557 | € 397,014 | ▲ 71% |
| Balance sheet total | € 515,750 | € 513,417 | € 524,708 | € 790,467 | ▲ 51% |
Key figures of FRELIS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 October 2026.
What happened to FRELIS?
What happened at FRELIS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 34,138 (▲ € 31,891 vs 2024). Source: NBB ↗
- Lisbeth Descheemaeker became a director. NBB
- Frederik Brouckaert became a director. NBB
- New establishment in Torhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 52,071 profit in 2022 to € 34,138 profit in 2025.
Paid € 27,964 in corporate taxes since 2022.
Best year ever: 2022, with € 52,071 profit.
Paid out € 4,693 in dividends to the owners in total.
Management
Behind FRELIS are Frederik Brouckaert and Lisbeth Descheemaeker. It owns 50% of Maison Mullis itself.
Directors
According to the 2025 annual accounts
Frederik Brouckaert
Director
Also active at: L'Auxiliaire Industrielle et Immobilière, Zilverberg-Bouwmaatschappij
since 2023
Lisbeth Descheemaeker
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Kortemarkstraat 225
8820 Torhout
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0816.766.328
- VAT number
- BE 0816.766.328
- Registered office
- Kortemarkstraat 225, 8820 Torhout
- Names & denominations
- FRELIS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 June 2009
- Peppol
- Active · Active since 3 Oct 2025
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)