Financials
Financial year 2025
FREKOR from Kortemark, company number BE0867250670, closed financial year 2025 with a result of € -12,189 after tax. For that financial year FREKOR recorded a gross margin of € -2,028 and equity of € 1.9 million. Compared with financial year 2024, the result moved from € 43,414 to € -12,189. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 1.9 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -12,189
▼ still € 43,414 profit in 2024
Profit after tax over the fiscal year.
€ 127,364
▲ 3% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1 million.
People and assets in 2025
€ 2,228
▼ 75% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 607,392
▼ 21% vs 2024
€ 100 is repaid this year. At this pace the long-term loan is gone in ≈ 6074 years.
€ 4,044
Supplier invoices still open on the last day of the fiscal year.
€ 9,127
▼ 19% vs 2024
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 | € 100,926 | € -8,971 | € 53,322 | € -2,028 | ▼ € 55,349 |
| Profit after taxes | € -166 | € -50,216 | € 43,414 | € -12,189 | ▼ € 55,603 |
| Equity | € 1,904,585 | € 1,854,369 | € 1,897,783 | € 1,885,595 | ▼ 1% |
| Total debts | € 972,616 | € 965,644 | € 957,525 | € 1,747,512 | ▲ 83% |
| Cash | € 956,401 | € 432,513 | € 123,091 | € 127,364 | ▲ 3% |
| Land & buildings | € 371,305 | € 351,153 | € 235,447 | € 206,347 | ▼ 12% |
| Retained profit | € 1,058,359 | € 1,008,143 | € 1,051,557 | € 1,039,368 | ▼ 1% |
| Bank debt | € 766,806 | € 770,463 | € 769,769 | € 607,392 | ▼ 21% |
| Balance sheet total | € 2,877,201 | € 2,820,014 | € 2,855,309 | € 3,633,106 | ▲ 27% |
Key figures of FREKOR, 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 FREKOR?
What happened at FREKOR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 12,189 (▼ € 55,603 vs 2024). filed late Source: NBB ↗
- New establishment in Kortemark. KBO
- Start of the company according to the CBE. KBO
In short
From € 166 loss in 2022 to € 12,189 loss in 2025.
Paid € 40,142 in corporate taxes since 2022.
Best year ever: 2024, with € 43,414 profit.
A new publication or filing at FREKOR? 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
Directors
According to the 2025 annual accounts
Frederic Vermeersch
Director
Establishments
Establishment units
Physical locations of this company
Middenstraat 6
8610 Kortemark
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0867.250.670
- VAT number
- BE 0867.250.670
- Registered office
- Middenstraat 6, 8610 Kortemark
- Names & denominations
- FREKOR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 September 2004
- Peppol
- Active · Active since 7 Dec 2025
- Activities · NACE
Activiteiten van holdings
Holdings
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur en exploitatie van terreinen