Summary
FREVAN is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €2.51M and a net result of €4k. Equity is growing by ~13.5% per year across the filed fiscal years. Its solvency ranks better than 83% of 5547 sector peers (fiscal year 2025). The company has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-07-2025 was due by 28-02-2026 and was filed on 27-02-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2022
3 d early
2021
8 d early
2020
5 d early
2019
42 d early
2018
32 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-07-2026 and is due by 28-02-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-07-2026 close25-09-2026 today28-02-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.51M▲ 0.2%
2024 · €2.51M
2019: €1.33M
2020: €1.32M▼ -0.7% vs 2019
2021: €1.31M▼ -0.9% vs 2020lowest value
2022: €1.58M▲ +20.6% vs 2021
2024: €2.51M
2025: €2.51M▲ +0.2% vs 2024highest value
2019 → 2025
Net result
€4k▼ 82.8%
2024 · €25k
2019: €-2k
2020: €-8k▼ -227% vs 2019
2021: €-13k▼ -65.1% vs 2020lowest value
2022: €-9k▲ +32.8% vs 2021
2024: €25khighest value
2025: €4k▼ -82.8% vs 2024
2019 → 2025
Total assets
€2.84M▼ 0.5%
2024 · €2.86M
2019: €1.78M
2020: €1.75M▼ -1.9% vs 2019
2021: €1.72M▼ -1.4% vs 2020lowest value
2022: €2.13M▲ +23.6% vs 2021
2024: €2.86Mhighest value
2025: €2.84M▼ -0.5% vs 2024
2019 → 2025
Solvency
88.3%▲ 0.6pp
2024 · 87.7%
2019: 74.7%
2020: 75.6%▲ +1.2% vs 2019
2021: 76.0%▲ +0.5% vs 2020
2022: 74.2%▼ -2.4% vs 2021lowest value
2024: 87.7%
2025: 88.3%▲ +0.7% vs 2024highest value
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220242025Trend
Equity€1.32M-€1.31M▼ 0.9%€1.58M▲ 20.6%€2.51M▲ 58.5%€2.51M▲ 0.2%
2020: €1.32M
2021: €1.31M▼ -0.9% vs 2020lowest value
2022: €1.58M▲ +20.6% vs 2021
2024: €2.51M
2025: €2.51M▲ +0.2% vs 2024highest value
Operating result€15k-€3k▼ 83.4%€6k▲ 157%€66k▲ 917%€19k▼ 71.3%
2020: €15k
2021: €3k▼ -83.4% vs 2020lowest value
2022: €6k▲ +157% vs 2021
2024: €66khighest value
2025: €19k▼ -71.3% vs 2024
Net result€-8k-€-13k▼ 65.1%€-9k▲ 32.8%€25k€4k▼ 82.8%
2020: €-8k
2021: €-13k▼ -65.1% vs 2020lowest value
2022: €-9k▲ +32.8% vs 2021
2024: €25khighest value
2025: €4k▼ -82.8% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 71% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.84M
Fixed assets
€2.65M ▼ 1.5%
Current assets
€195k ▲ 16.2%
Equity and liabilities €2.84M
Equity
€2.51M ▲ 0.2%
Debt
€334k ▼ 5.1%
Debt's share of the balance-sheet total falls from 12.3% to 11.7%. Equity is higher and debt is lower.
Key figures and ratios
ROE
0.2%▼
2024 · 1.0%
ROA
0.1%▼
2024 · 0.9%
Debt ≤ 1 year
€30k▼
2024 · €35k
Debt > 1 year
€297k▼
2024 · €316k
Income taxes
€2k▼
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.86M€2.84M▼
Fixed assets21/28€2.69M€2.65M▼
Tangible fixed assets22/27€2.19M€2.15M▼
Land and buildings22€2.18M€2.14M▼
Plant, machinery and equipment23€16k€14k▼
Financial fixed assets28€497k€497k=
Current assets29/58€168k€195k▲
Amounts receivable within one year40/41€130k€158k▲
Trade receivables40€30k€58k▲
Other amounts receivable41€100k€100k▲
Cash at bank and in hand54/58€15k€15k▼
Deferred charges and accrued income490/1€23k€22k▼
Equity and liabilities
Total equity and liabilities10/49€2.86M€2.84M▼
Equity10/15€2.51M€2.51M▲
Contributions10/11€2.24M€2.24M=
Capital10€2.24M€2.24M=
Issued capital100€2.24M€2.24M=
Reserves13€266k€270k▲
Non-distributable reserves130/1€14k€14k=
Legal reserve130€14k€14k=
Tax-exempt reserves132€36€36=
Distributable reserves133€252k€257k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€352k€334k▼
Amounts payable after more than one year17€316k€297k▼
Financial debts170/4€54k€34k▼
Other amounts payable178/9€263k€263k=
Amounts payable within one year42/48€35k€30k▼
Current portion of amounts payable after more than one year42€19k€20k▲
Trade debts44€3k€0▼
Suppliers440/4€3k€0▼
Taxes, remuneration and social security45€12k€9k▼
Taxes450/3€12k€9k▼
Other amounts payable47/48€570€1k▲
Accrued charges and deferred income492/3€171€7k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50k€43k▼
Other operating charges640/8€12k€10k▼
Gross operating margin9900€128k€71k▼
Operating profit (loss)9901€66k€19k▼
Financial income75/76B€186€121▼
Recurring financial income75€186€121▼
Financial charges65/66B€37k€12k▼
Recurring financial charges65€37k€12k▼
Profit (loss) for the period before taxes9903€29k€7k▼
Income taxes67/77€4k€2k▼
Profit (loss) for the period9904€25k€4k▼
Profit (loss) for the period to be appropriated9905€25k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€25k€4k▼
Transfer from equity791/2€0-
Transfer to equity691/2€25k€4k▼
To other reserves6921€25k€4k▼
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €43k | €43k | €31k | €50k | €43k | ▼ 14.8% |
| Other operating charges640/8 | - | - | €7k | €12k | €10k | ▼ 22.0% |
| Gross operating margin9900 | €65k | €53k | €45k | €128k | €71k | ▼ 44.4% |
| Operating profit (loss)9901 | €15k | €3k | €6k | €66k | €19k | ▼ 71.3% |
| Financial income75/76B | - | - | €66 | €186 | €121 | ▼ 35.0% |
| Recurring financial income75 | €399 | €22 | €66 | €186 | €121 | ▼ 35.0% |
| Financial charges65/66B | - | - | €15k | €37k | €12k | ▼ 66.2% |
| Recurring financial charges65 | €20k | €15k | €15k | €37k | €12k | ▼ 66.2% |
| Profit (loss) for the period before taxes9903 | €-5k | €-13k | €-8k | €29k | €7k | ▼ 77.5% |
| Income taxes67/77 | €4k | €742 | €706 | €4k | €2k | ▼ 46.4% |
| Profit (loss) for the period9904 | €-8k | €-13k | €-9k | €25k | €4k | ▼ 82.8% |
| Profit (loss) for the period to be appropriated9905 | €-8k | €-13k | €-9k | €25k | €4k | ▼ 82.8% |
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.75M | €1.72M | €2.13M | €2.86M | €2.84M | ▼ 0.5% |
| Fixed assets21/28 | €1.21M | €1.16M | €1.63M | €2.69M | €2.65M | ▼ 1.5% |
| Tangible fixed assets22/27 | €710k | €666k | €1.13M | €2.19M | €2.15M | ▼ 1.9% |
| Land and buildings22 | - | - | €1.13M | €2.18M | €2.14M | ▼ 1.8% |
| Plant, machinery and equipment23 | - | - | €800 | €16k | €14k | ▼ 13.8% |
| Financial fixed assets28 | €497k | €497k | €497k | €497k | €497k | = |
| Current assets29/58 | €541k | €560k | €504k | €168k | €195k | ▲ 16.2% |
| Amounts receivable within one year40/41 | €11k | €22k | €5k | €130k | €158k | ▲ 21.7% |
| Trade receivables40 | - | - | €5k | €30k | €58k | ▲ 93.7% |
| Other amounts receivable41 | - | - | €188 | €100k | €100k | ▲ 0.1% |
| Cash at bank and in hand54/58 | €527k | €533k | €484k | €15k | €15k | ▼ 0.2% |
| Deferred charges and accrued income490/1 | - | - | €14k | €23k | €22k | ▼ 4.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.75M | €1.72M | €2.13M | €2.86M | €2.84M | ▼ 0.5% |
| Equity10/15 | €1.32M | €1.31M | €1.58M | €2.51M | €2.51M | ▲ 0.2% |
| Contributions10/11 | €1.06M | €1.06M | €1.34M | €2.24M | €2.24M | = |
| Capital10 | - | - | €1.34M | €2.24M | €2.24M | = |
| Issued capital100 | - | - | €1.34M | €2.24M | €2.24M | = |
| Reserves13 | €263k | €251k | €242k | €266k | €270k | ▲ 1.6% |
| Non-distributable reserves130/1 | - | - | €14k | €14k | €14k | = |
| Legal reserve130 | - | - | €14k | €14k | €14k | = |
| Tax-exempt reserves132 | - | - | €36 | €36 | €36 | = |
| Distributable reserves133 | - | - | €228k | €252k | €257k | ▲ 1.7% |
| Profit (loss) carried forward14 | €66 | - | - | €0 | - | - |
| Amounts payable17/49 | €426k | €414k | €549k | €352k | €334k | ▼ 5.1% |
| Amounts payable after more than one year17 | €391k | €370k | €502k | €316k | €297k | ▼ 6.2% |
| Financial debts170/4 | - | - | €89k | €54k | €34k | ▼ 36.5% |
| Other amounts payable178/9 | - | - | €413k | €263k | €263k | = |
| Amounts payable within one year42/48 | €32k | €39k | €41k | €35k | €30k | ▼ 14.6% |
| Current portion of amounts payable after more than one year42 | - | - | €18k | €19k | €20k | ▲ 3.3% |
| Trade debts44 | €2k | €2k | €19k | €3k | €0 | ▼ 100% |
| Suppliers440/4 | - | - | €19k | €3k | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | - | €2k | €12k | €9k | ▼ 24.2% |
| Taxes450/3 | - | - | €2k | €12k | €9k | ▼ 24.2% |
| Other amounts payable47/48 | - | - | €2k | €570 | €1k | ▲ 89.9% |
| Accrued charges and deferred income492/3 | - | - | €6k | €171 | €7k | ▲ 3,921% |
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-8k | €-13k | €-9k | €25k | €4k | ▼ 82.8% |
| + Depreciation and write-downs630 | €43k | €43k | €31k | €50k | €43k | ▼ 14.8% |
| Operating cash flow (approximation) | €35k | €30k | €22k | €75k | €47k | ▼ 37.2% |
| Investment in fixed assets (approximation) | - | €0 | €-494k | - | €-2k | - |
| Change in cash | - | €6k | €-49k | - | €-28 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
28-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-07
Financial
Back to profitnet €25k
Net result €25k after 4 loss-making years.
31-07
Financial
Equity above €2MEq €2.51M ▲58.5%
Equity rises from €1.58M to €2.51M.
2023
28-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
23-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-08
Financial
Weakest financial yearnet €-13k
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
26-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
18-02
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
27-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
07-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-02
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Asse · 1 establishment unit since 1996
Ground area
287 m²
Building footprint
180 m²
Volume, LiDAR
1,707 m³
Parcel 23002K0519/00A002, Flanders · tallest building 14.3 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
St.-Hubertusplein 9, 1730 Asse
since 19962.076.003.205
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23002K0519/00A002 | Flanders | 287 m² | 1 · 180 m² | 14.3 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,727 companies in sector 64210 we hold annual accounts for 19,768. 10,243 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded28-03-1996
Fiscal year end31-07
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.