FREESTEEL
0402.039.957 · rovalta.com · 23/09/2026
ACTIVE
FREESTEEL
Financial year 2024 · closed on 31/12/2024
Net result
58,4 k €
-5.0% YoY
Gross margin
63,7 k €
+3.3% YoY
Equity
2,2 M €
+1.3% YoY
Overview
What does FREESTEEL do?
FREESTEEL is a Public limited company incorporated in 1925. Its registered office is in Wavre.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0402.039.957
Incorporation
07/01/1925
Legal form
Public limited company
Registered office
Rue de la Wastinne 24
1301 Wavre · WallonieSee on map
1301 Wavre · WallonieSee on map
Contributed capital
375 000,00 €
Latest accounts
31/12/2024
Joint committees (2)
- 111
- 209
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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Financials
Trend over 19 financial years
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Gross margin | 63,7 k € | +3.3% | 61,6 k € | +18.2% | 52,2 k € | -2.2% | 53,3 k € | +5.7% | 50,4 k € | -31.6% | 73,7 k € | -31.4% | 107,5 k € | -54.0% | 233,4 k € | -69.0% | 753,4 k € | +6.8% | 705,3 k € | -8.5% | 770,6 k € | +26.9% | 607,3 k € | -31.4% | 885,3 k € | -11.1% | 995,3 k € | -3.9% | 1 M € | +72.9% | 599,4 k € | -67.7% | 1,9 M € | +29.2% | 1,4 M € | +6.8% | 1,3 M € |
| EBITDA | 50,2 k € | +3.2% | 48,6 k € | +20.7% | 40,3 k € | -3.3% | 41,7 k € | +28.4% | 32,5 k € | -46.9% | 61,1 k € | -27.6% | 84,4 k € | -59.9% | 210,4 k € | +1.9% | 206,5 k € | -9.0% | 226,9 k € | +28.5% | 176,6 k € | +938% | 17 k € | -88.9% | 153,1 k € | -3.4% | 158,5 k € | -32.4% | 234,3 k € | +166% | -357,4 k € | -163% | 570,5 k € | +48.9% | 383,1 k € | +62.4% | 235,9 k € |
| Operating result | 47,5 k € | +2.9% | 46,2 k € | +21.0% | 38,2 k € | -1.1% | 38,6 k € | +28.9% | 29,9 k € | -49.2% | 59 k € | -27.3% | 81,1 k € | -60.9% | 207,3 k € | +47.3% | 140,7 k € | +41.1% | 99,7 k € | +99.8% | 49,9 k € | +148% | -103,6 k € | -327% | 45,7 k € | +396% | 9,2 k € | -85.6% | 64,3 k € | +110% | -667,2 k € | -727% | 106,4 k € | +276% | 28,3 k € | +58.7% | 17,8 k € |
| Net result | 58,4 k € | -5.0% | 61,5 k € | +35.6% | 45,3 k € | +0.5% | 45,1 k € | +92.4% | 23,4 k € | -53.6% | 50,5 k € | -35.6% | 78,5 k € | -61.0% | 201,3 k € | +71.0% | 117,7 k € | +677% | 15,2 k € | -23.2% | 19,8 k € | +112% | -167,2 k € | -2084% | 8,4 k € | +126% | -31,9 k € | -252% | 21 k € | +104% | -541,1 k € | -474% | 144,8 k € | -42.5% | 251,9 k € | +458% | 45,2 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 2,2 M € | +1.3% | 2,1 M € | +1.5% | 2,1 M € | +0.7% | 2,1 M € | +2.2% | 2 M € | +1.2% | 2 M € | +1.0% | 2 M € | +1.4% | 2 M € | +1.6% | 1,9 M € | +6.4% | 1,8 M € | +343% | 412,2 k € | +114% | 192,4 k € | -46.5% | 359,6 k € | +2.4% | 351,2 k € | -8.3% | 383,1 k € | +5.8% | 362 k € | -65.0% | 1 M € | +20.4% | 858,3 k € | +31.8% | 651,3 k € |
| Total assets | 2,3 M € | -0.1% | 2,3 M € | +0.1% | 2,3 M € | +0.7% | 2,3 M € | +0.7% | 2,3 M € | -9.4% | 2,5 M € | +7.7% | 2,4 M € | -4.4% | 2,5 M € | -21.4% | 3,1 M € | +2.0% | 3,1 M € | +82.1% | 1,7 M € | +15.5% | 1,5 M € | +3.7% | 1,4 M € | -7.4% | 1,5 M € | -8.7% | 1,7 M € | +8.6% | 1,5 M € | -44.9% | 2,8 M € | -12.6% | 3,2 M € | +68.6% | 1,9 M € |
| Cash | 439,4 k € | +25.5% | 350 k € | +1655% | 19,9 k € | +982% | 1,8 k € | -88.9% | 16,6 k € | -93.2% | 243,7 k € | +1028% | 21,6 k € | -79.7% | 106,4 k € | +359% | 23,2 k € | -69.7% | 76,4 k € | +0.5% | 76 k € | +33.5% | 56,9 k € | -20.3% | 71,5 k € | +680% | 9,2 k € | +41.5% | 6,5 k € | +32.8% | 4,9 k € | -73.1% | 18,1 k € | -67.1% | 55,1 k € | +5205% | 1 k € |
| Debts | 158,3 k € | +0.2% | 158 k € | -16.1% | 188,2 k € | -13.1% | 216,5 k € | -12.0% | 246,1 k € | -51.4% | 506,3 k € | +46.2% | 346,2 k € | -28.4% | 483,3 k € | -59.1% | 1,2 M € | -4.5% | 1,2 M € | -2.5% | 1,3 M € | +0.5% | 1,3 M € | +20.8% | 1 M € | -10.4% | 1,2 M € | -8.9% | 1,3 M € | +9.4% | 1,2 M € | -32.7% | 1,7 M € | -23.2% | 2,3 M € | +89.3% | 1,2 M € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | 12,9 ETP | -3.7% | 13,4 ETP | -4.3% | 14,0 ETP | -6.0% | 14,9 ETP | -15.3% | 17,6 ETP | +11.4% | 15,8 ETP | -23.7% | 20,7 ETP | -26.1% | 28,0 ETP | -14.1% | 32,6 ETP | +15.6% | 28,2 ETP | -6.3% | 30,1 ETP | ||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 500 k€ and 1 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2024 · 3 active · 23 ended
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
GARNIMETAL● Active | 0668.555.276 |
GARNIMETAL GROUP● Active | 0697.920.542 |
INTACT LIFE● Active | 0691.651.669 |
Financials
Annual accounts
Full financial information
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/01/2019 |
| Closing of the financial year | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 31/08/2025 | 29/08/2024 | 31/08/2023 | 30/10/2022 | 31/08/2021 | 16/11/2020 |
| General meeting | 31/07/2025 | 27/08/2024 | 25/08/2023 | 27/04/2022 | 29/04/2021 | 03/09/2020 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
19 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2024 | 31/07/2025 | 31/08/2025 | French | |
| Micro model | 31/12/2023 | 27/08/2024 | 29/08/2024 | French | |
| Micro model | 31/12/2022 | 25/08/2023 | 31/08/2023 | French | |
| Micro model | 31/12/2021 | 27/04/2022 | 30/10/2022 | French | |
| Micro model | 31/12/2020 | 29/04/2021 | 31/08/2021 | French | |
| Micro model | 31/12/2019 | 03/09/2020 | 16/11/2020 | French | |
| Abridged model | 31/12/2018 | 24/04/2019 | 30/08/2019 | French | |
| Abridged model | 31/12/2017 | 25/04/2018 | 31/08/2018 | French | |
| Abridged model | 31/12/2016 | 26/04/2017 | 29/09/2017 | French | |
| Abridged model | 31/12/2015 | 27/04/2016 | 11/08/2016 | French | |
| Abridged model | 31/12/2014 | 22/04/2015 | 18/06/2015 | French | |
| Abridged model | 31/12/2013 | 23/04/2014 | 19/08/2014 | French | |
| Abridged model | 31/12/2012 | 24/04/2013 | 29/07/2013 | French | |
| Abridged model | 31/12/2011 | 25/04/2012 | 30/07/2012 | French | |
| Abridged model | 31/12/2010 | 27/04/2011 | 05/08/2011 | French | |
| Abridged model | 31/12/2009 | 28/04/2010 | 20/08/2010 | French | |
| Abridged model | 31/12/2008 | 22/04/2009 | 28/07/2009 | French | |
| Abridged model | 31/12/2007 | 23/04/2008 | 26/05/2008 | French | |
| Abridged model | 31/12/2006 | 25/04/2007 | 18/06/2007 | French |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 500 k€ and 1 M€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2024 · 3 active · 23 ended
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates28/11/2023STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS - DEMISSIONS, NOMINATIONS
- Mandates22/02/2017DEMISSIONS, NOMINATIONS
- Mandates19/01/2017DENOMINATION - OBJET - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Mandates15/07/2015DEMISSIONS, NOMINATIONS
- Capital / shares28/01/2015CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Mandates18/11/2014DEMISSIONS, NOMINATIONS
- Mandates23/01/2014DEMISSIONS, NOMINATIONS
- Mandates23/01/2014DEMISSIONS, NOMINATIONS
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2024Annual accounts 202458,4 k €↓
- 2023Annual accounts 202361,5 k €↑
- 2022Annual accounts 202245,3 k €↑
- 2021Annual accounts 202145,1 k €↑
- 2020Annual accounts 202023,4 k €↓
- 2019Annual accounts 201950,5 k €↓
- 2018Annual accounts 201878,5 k €↓
- 2017Annual accounts 2017201,3 k €↑
- 2016Annual accounts 2016117,7 k €↑
- 2015Annual accounts 201515,2 k €↓
- 2014Annual accounts 201419,8 k €↑
- 2013Annual accounts 2013-167,2 k €↓
- 2012Annual accounts 20128,4 k €↑
- 2011Annual accounts 2011-31,9 k €↓
- 2010Annual accounts 201021 k €↑
- 2009Annual accounts 2009-541,1 k €↓
- 2008Annual accounts 2008144,8 k €↓
- 2007Annual accounts 2007251,9 k €↑
- 2006Annual accounts 200645,2 k €
- 07/01/1925IncorporationPublic limited company