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FREEDOM TEX

Active
Private limited company (pre-2019)founded 2014active for 12 yearsHubert Blauwetstraat 51, 1082 Sint-Agatha-Berchem, BelgiumKBO/BCE: BE 0556.654.987
Summary

FREEDOM TEX has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31,558 and a net result of €9,571. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 42% of 22,773 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Official details

Source: KBO
Status
Active since 16-07-2014 Normal situation
Activity
Retail sale of second-hand clothing NACE 47792and 3 others
Establishment units
2.234.430.434 1090 Jette, since 25-07-2014
2.304.050.403 7170 Manage, since 15-06-2020
Financial year end
31 December
Peppol
Reachable since 18-12-2025

Board and ownership

Board
  • FONOU GastonDirector

Financial position

68 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Annual accounts 2025
Gross margin
€14,185
▼ 26.7%
Turnover
≈ €150,000
estimated
Profit
€9,571
▼ 43.9%
Equity
€31,558
▲ 43.5%
Total assets
€128,186
▲ 13.3%
Score breakdownraises risk1 of the last 3 accounts lateSector: Retail trade (NACE 47)2 establishment unitslowers riskFounded in 2014Show the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 46% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Weak
Solvency 50+6
equity 24.6% of total assets
Liquidity 22+13
short-term debt 75.4% · cash 9.9%
Profitability 56-19
return on assets 7.5%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 1.6% 01-2025: 1.5%▼ -0.1 percentage points vs 12-2024 02-2025: 1.5%● unchanged vs 01-2025 03-2025: 1.5%● unchanged vs 02-2025 04-2025: 1.6%▲ +0.1 percentage points vs 03-2025 05-2025: 1.6%● unchanged vs 04-2025 06-2025: 1.5%▼ -0.1 percentage points vs 05-2025 07-2025: 1.6%▲ +0.1 percentage points vs 06-2025 08-2025: 2.1%▲ +0.5 percentage points vs 07-2025 09-2025: 2.3%▲ +0.2 percentage points vs 08-2025 10-2025: 3.7%▲ +1.4 percentage points vs 09-2025highest value 11-2025: 1.6%▼ -2.1 percentage points vs 10-2025 12-2025: 1.6%● unchanged vs 11-2025 01-2026: 1.6%● unchanged vs 12-2025 02-2026: 1.6%● unchanged vs 01-2026 03-2026: 1.5%▼ -0.1 percentage points vs 02-2026 04-2026: 1.2%▼ -0.3 percentage points vs 03-2026 05-2026: 1.2%● unchanged vs 04-2026 06-2026: 1.2%● unchanged vs 05-2026 07-2026: 1.2%● unchanged vs 06-2026 08-2026: 0.8%▼ -0.4 percentage points vs 07-2026lowest value 09-2026: 0.8%● unchanged vs 08-2026lowest value 10-2026: 0.8%● unchanged vs 09-2026lowest value 11-2026: 0.8%● unchanged vs 10-2026lowest value
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.28 (1.19 in 2024), below the usual 1.5. Short-term debt is 75.4% and cash 9.9% of total assets. 75.4% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 40% of them on solvency, 20% on liquidity, 40% on profitability and 84% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Founded in 2014
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 1 of the last 3 accounts late
NBB · filings
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · 2 establishment units
KBO · seat and establishments
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €31,558
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
18 days early
2024
62 days late
2023
6 days early
2022
4 days early
2021
9 days early
2020
13 days early
2019
4 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 1 day after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Recent changes

  1. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as FREEDOM TEX: retail sale of second-hand clothing (NACE 47792). They are comparable in size and age: total assets between €57,600 and €195,000, founded between 2008 and 2014.

CompanyTotal assetsGross margin
FREEDOM TEX Sint-Agatha-Berchem€128,186€14,185
COMOTE-TEX Sint-Pieters-Woluwe€71,255€18,430
GLOBALE TRADING Koekelberg€194,943€26,626
Petra-Tex Antwerpen€92,299€10,402
MEUBLES ROTH Liège€78,342€22,183
LADY DANDY Elsene€67,825€38,123
SOHO OUTLET Antwerpen€57,612€11,764
Full comparison

Key facts about FREEDOM TEX

What is the company number of FREEDOM TEX?
The company number of FREEDOM TEX is 0556.654.987. The VAT number is the same number with BE in front: BE 0556.654.987.
Where is FREEDOM TEX based?
The registered office is at Hubert Blauwetstraat 51, 1082 Sint-Agatha-Berchem.Company details
What does FREEDOM TEX do?
According to the KBO register, the main activity is retail sale of second-hand clothing (NACE 47792).
What is the legal form of FREEDOM TEX?
The legal form of FREEDOM TEX is Private limited company (pre-2019) (BVBA).
When was FREEDOM TEX founded?
FREEDOM TEX was founded on 16-07-2014.
Is FREEDOM TEX still active?
Yes, FREEDOM TEX is an active enterprise in the KBO register.
What is the turnover of FREEDOM TEX?
The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €14,185 and 118 comparable companies (NACE 477). It probably lies between €54,000 and €320,000. It is a rough estimate. In financial year 2021 turnover was €166,531.Financials
Is FREEDOM TEX profitable?
In financial year 2025, FREEDOM TEX made a profit of €9,571.
Where can I find the annual accounts of FREEDOM TEX?
FREEDOM TEX filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FREEDOM TEX due?
FREEDOM TEX must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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