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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
FREOLI from Mechelen, company number BE0893493328, closed financial year 2025 with a result of € -50,907 after tax. For that financial year FREOLI recorded a gross margin of € 6,284 and equity of € -187,455. Compared with financial year 2024, the result moved from € -37,395 to € -50,907. 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 13, 2026.
€ -187,455
▼ € 50,907 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -50,907
▼ 36 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1,457
▼ 62% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -193,655.
People and assets in 2025
€ 426
▼ 40% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 358,606
▼ 6% vs 2024
€ 26,431 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 11,735
▲ 84% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 10,025 | € 34,069 | € 17,344 | € 6,284 | ▼ 64% |
| Profit after taxes | € 200 | € -16,915 | € -37,395 | € -50,907 | ▼ € 13,512 |
| Equity | € -82,238 | € -99,152 | € -136,547 | € -187,455 | ▼ € 50,907 |
| Total debts | € 655,801 | € 681,909 | € 669,067 | € 689,683 | ▲ 3% |
| Cash | € 26,944 | € 14,434 | € 3,859 | € 1,457 | ▼ 62% |
| Land & buildings | € 528,308 | € 559,807 | € 525,938 | € 492,069 | ▼ 6% |
| Retained profit | € -88,438 | € -105,352 | € -142,747 | € -193,655 | ▼ € 50,907 |
| Bank debt | € 425,000 | € 402,994 | € 382,130 | € 358,606 | ▼ 6% |
| Balance sheet total | € 573,563 | € 582,757 | € 532,519 | € 502,229 | ▼ 6% |
Key figures of FREOLI, 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 FREOLI?
What happened at FREOLI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 50,907. filed late Source: NBB ↗
- New establishment in Mechelen. KBO
- Philip BOONE became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 200 profit in 2022 to € 50,907 loss in 2025.
Paid € 0 in corporate taxes since 2022.
Best year ever: 2022, with € 200 profit.
Management
Behind FREOLI is Philip BOONE. Philip BOONE is also behind MIRAPHIL.
Directors
According to the 2025 annual accounts
since 2007
Establishments
Establishment units
Physical locations of this company
IJzerenleen 36
2800 Mechelen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0893.493.328
- VAT number
- BE 0893.493.328
- Registered office
- IJzerenleen 36, 2800 Mechelen
- Names & denominations
- FREOLI
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 November 2007
- Peppol
- Not registered
- Activities · NACE
Gites, vakantiewoningen en -appartementen
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Detailhandel in dranken, algemeen assortiment
Detailhandel in glas-, porselein- en aardewerk en in niet-elektrische huishoudelijke artikelen
Handel in eigen onroerend goed
Detailhandel in glas-, porselein- en aardewerk en in niet-elektrische huishoudelijke artikelen in gespecialiseerde winkels