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FREEMMO

Active
Public limited company· 4 yrs active
Hyacintenlaan 36 ·1030 Schaarbeek, Belgium
KBO/BCE: BE 0776.565.172
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Full dossier in preparation

Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age4 yrs
Board2

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of FREEMMO is 3.8% (moderate). The 2024 annual accounts show equity of €1.20M and a net result of €27k. Equity is growing by ~5.1% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.

Signals

2 signals · with evidence
Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend
Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Annual accounts not filed
The financial year that closed on 30-11-2025 was due at the National Bank by 30-06-2026. Nothing is on record today, 46 days later. Measured on financial year 2023: 41.75% of the companies that did not file are in an abnormal legal state today, against 1.66% of those that did.
Latest accounts filed on time
The financial year that closed on 30-11-2024 was due by 30-06-2025 and was filed on 30-06-2025, 0 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 3 filed financial years, each closing on 30-11. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 30-11-2024, that is 30-06-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
30-11-2025 30-06-2026 nothing on record not filed -
30-11-2024 30-06-2025 30-06-2025 on the day 2025-00199964
30-11-2023 30-06-2024 22-07-2024 22 d late 2024-00269069
30-11-2022 30-06-2023 26-06-2023 4 d early 2023-00165548

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
3.8% Moderate
0%0,5%1,5%4%10%≥25%
Young company +No NACE activity registered +Higher-failure-rate region +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€27k-70.4%
Working capital€-635k-42.2%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 30-06-2025 with the NBB · fiscal year 2024 · volledig
€-200k€-100k€0€100kOperating result 2022: €-94k€-94kNet result 2022: €-136k€-136kOperating result 2023: €120k€120kNet result 2023: €93k€93kOperating result 2024: €49k€49kNet result 2024: €27k€27k202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~5.1%/year over 3 fiscal years, indicative, assuming unchanged policy.
€1.00M€1.10M€1.20M€1.30M€1.40M€1.50M2025: €1.26M (€1.17M - €1.36M)2026: €1.32M (€1.23M - €1.42M)2027: €1.38M (€1.29M - €1.48M)2022: €1.08M2023: €1.18M2024: €1.20M202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

EBITDA
€401k
+10.7% 22-24
Net profit
€27k
-70.4% 22-24
Cash flow
€379k
+13.3% 22-24
Total assets
€4.16M
+16.8% 22-24
Equity
€1.20M
+2.3% 22-24
Working capital
€-635k
-42.2% 22-24
Employees (FTE)
0
- 22-24
Debt
€2.96M
+24.0% 22-24
Debt ≤ 1y
€656k
+23.1% 22-24
Debt > 1y
€2.29M
+24.3% 22-24
Current ratio
0.03
-80.0% 22-24
Quick ratio
0.03
-80.0% 22-24
Solvency
28.9%
-12.4% 22-24
Debt / equity
2.46
+21.1% 22-24
ROE
2.3%
-71.1% 22-24
ROA
0.7%
-74.7% 22-24
Interest coverage
17.01
+29.9% 22-24
Figures by fiscal year
Fiscal year2024
Depositvolledig
Revenue-
EBITDA€401k
Net profit€27k
Cash flow€379k
Staff costs-
Income taxes-
Dividends-
Total assets€4.16M
Equity€1.20M
Debt€2.96M
of which ≤ 1y€656k
of which > 1y€2.29M
Working capital€-635k
Employees (FTE)0.0
Ratios (computed)
2024
Current ratio0.03
Quick ratio0.03
Working capital ratio-15.2%
Solvency28.9%
Debt / equity2.46
Long-term debt ratio1.91
Interest coverage17.01
Gross margin-
Net margin-
ROA0.7%
ROE2.3%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€4.16M
Fixed assets 21/28€4.14M
Tangible fixed assets 22/27€4.14M
Current assets 29/58€21k
Cash & bank 54/58€21k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€4.16M
Equity 10/15€1.20M
Contributions / capital 10/11€283k
Reserves 13€645k
Accumulated profits (losses) 14€275k
Amounts payable 17/49€2.96M
Amounts payable after one year 17€2.29M
Amounts payable within one year 42/48€656k
Trade debts payable within one year 44€74k
Income statement
Gross operating margin 9900€445k
Operating result 9901€49k
Financial income 75€2k
Financial charges 65€24k
Result before taxes 9903€27k
Net result for the period 9904€27k
Result to be appropriated 9905€27k
You are seeing the latest fiscal year only. 2 prior years (figures + ratios) are in a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
46 / 100 Fair
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Directors

Directors & mandates

5 directors
Current directors & mandates
  • T2R BVLegal entity
    Director
    State Gazette act 22094085 (05-08-2022)
    Current
    31-03-2022 → present
  • Fonzie & FriendsLegal entity
    Director· perm. rep.: Alphonse Vermote
    State Gazette act 24067465 (26-04-2024)
    Current
    16-09-2021 → present
Former directors (3)
  • KDUC
    Director
    State Gazette act 22094085 (05-08-2022)
    Former
    - → 31-03-2022
  • M-CPRSGLegal entity
    Director· perm. rep.: Dierckx Patrick
    State Gazette act 24067465 (26-04-2024)
    Former
    - → 16-09-2021
  • Marie-Charlotte Waterkeyn
    Director
    State Gazette act 24067465 (26-04-2024)
    Former
    - → 16-09-2021
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary -
Legal form Public limited company(014)
Incorporation27-10-2021
StatusActive
Postal code1030

Structure & network

Locations & real estate

Registered office

on the map · from the address register
exact location from the address register On OpenStreetMap
4 companies at this address See who is registered here

Establishment units

1 location
FREEMMO
Mariemontkaai 45, 1080 Sint-Jans-MolenbeekOntwikkeling van residentiële bouwprojecten
since 20212.324.491.469
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area8,036 m²
Buildings2
Building footprint297 m²
Volume (LiDAR)2,163 m³
Tallest building14.2 m · ±4 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21523B0939/00T104 Brussels 7,867 m² 1 · 209 m² 8.6 m · 2 fl.
21903B0159/02L004 Brussels 169 m² 1 · 88 m² 14.2 m · 4 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

3 acts
Address history · 1
07-07-2025
Registered-office move
All acts · 3 updated 1 year ago
2025
07-07-2025 Registered office moved from Molenbeek to Schaerbeek Registered-office change
  • Quai de Mariemont 45, 1080 Molenbeek-Saint-Jean → 1030 Schaerbeek, Avenue des Jacinthes 36
2024
26-04-2024 2 directors appointed, 2 resigning Director changes
  • Alphonse Vermote, Bestuurder
  • Thibaud Vanthomme, Dagelijks bestuur
  • Dierckx Patrick, Bestuurder
  • Marie-Charlotte Waterkeyn, Bestuurder
2022
05-08-2022 1 director appointed, 1 resigning Director changes
  • T2R BV, Bestuurder
  • KDUC, Bestuurder

Analysis

Snowflake analysis

financial profile on 5 axes
Health46Profitability11Solvency34Growth78Stability94
53 / 100

Mixed profile: strong on stability, weaker on profitability.

All 5 axes are computed from data Checked has read.

Health 46
Profitability 11
Solvency 34
Growth 78
Stability 94

Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Company registry

Company registry (CBE)

Crossroads Bank
Names & trade names
Legal nameFR FREEMMO
Registered office
Hyacintenlaan 36
1030 Schaarbeek, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.