Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 16 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FREE MAX from Welkenraedt, company number BE0872386425, closed financial year 2025 with a result of € 213,657 after tax. For that financial year FREE MAX recorded a gross margin of € 184,211 and equity of € 967,848. Compared with financial year 2024, the result moved from € 375,582 to € 213,657. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 31, 2025.
€ 967,848
▲ 28% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 213,657
▼ 43% vs 2024
Profit after tax over the fiscal year.
€ 26,345
▲ € 21,013 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 917,848.
People and assets in 2025
€ 23,367
▼ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 474,538
▼ 21% vs 2024
€ 118,460 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 24,741
▼ 58% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 46,957
▼ 4% 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 | € 44,994 | € 118,724 | € 109,707 | € 184,211 | ▲ 68% |
| Profit after taxes | € 9,171 | € 128,383 | € 375,582 | € 213,657 | ▼ 43% |
| Equity | € 250,227 | € 378,609 | € 754,191 | € 967,848 | ▲ 28% |
| Total debts | € 1,241,019 | € 1,197,144 | € 1,531,722 | € 1,346,959 | ▼ 12% |
| Cash | € 98,401 | € 84,637 | € 5,333 | € 26,345 | ▲ € 21,013 |
| Land & buildings | € 246,022 | € 245,744 | € 246,112 | € 244,805 | ▼ 1% |
| Retained profit | € 200,227 | € 328,609 | € 704,191 | € 917,848 | ▲ 30% |
| Bank debt | € 404,383 | € 325,078 | € 602,908 | € 474,538 | ▼ 21% |
| Balance sheet total | € 1,559,211 | € 1,643,719 | € 2,310,615 | € 2,314,807 |
Key figures of FREE MAX, 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 October 2026.
What happened to FREE MAX?
What happened at FREE MAX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 213,657 (▼ 43% vs 2024). Source: NBB ↗
- New establishment in Welkenraedt. KBO
- New establishment in Welkenraedt. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,171 profit in 2022 to € 213,657 profit in 2025.
Paid € 111,984 in corporate taxes since 2022.
Best year ever: 2024, with € 375,582 profit.
A new publication or filing at FREE MAX? 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 FREE MAX is Frederic CROSSET. It owns 82.9% of Etablissements Léon Crosset itself.
Directors
According to the 2025 annual accounts
Frederic CROSSET
Director
Establishments
Establishment units
Physical locations of this company
Bois-les-Dames 13
4841 Welkenraedt
Bois-les-Dames 13 box R
4841 Welkenraedt
Active since 22 March 2005
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
- 0872.386.425
- VAT number
- BE 0872.386.425
- Registered office
- Bois-les-Dames 13, 4841 Welkenraedt
- Names & denominations
- FREE MAX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 March 2005
- Peppol
- Active · Active since 11 Dec 2025
- Contact
- [email protected]
- Activities · NACE
Beoefening van uitvoerende kunsten door zelfstandig werkende artiesten
Overige werkzaamheden in verband met de afwerking van gebouwen
Landschapsverzorging
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Ontwikkeling van niet-residentiële bouwprojecten
Beoefening van uitvoerende kunsten door artistieke ensembles
Ontwikkeling van residentiële bouwprojecten
Ontwerp en bouw van podia en decors
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