ACTIVE

FREESPACE

Financial year 2025 · Closed on 31/12/2025

Net result-12,3 k €-11,9 %over 1 year
Gross margin-10,7 k €-13,2 %over 1 year
Equity9,1 M €-0,1 %over 1 year

Identity

Source · BCE/KBO

FREESPACE is a Public limited company incorporated in 2012. Its registered office is in Gent.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0508.436.287
Incorporation
10/12/2012
Legal form
Public limited company
Registered office
Bellevue 5 box 301
9050 Gent · FlandreSee on map
Contributed capital
100 000,00 €
Latest accounts
31/12/2025
Signals
Solid equity

Financials

Source · NBB, 13 filings

Trend over 11 financial years

20252024202320222021
Income statement
Gross margin-10,7 k €-9,5 k €-13,5 k €-12 k €-12,2 k €
EBITDA-11,9 k €-10,6 k €-14,6 k €-13 k €-13,2 k €
Operating result-11,9 k €-10,6 k €-14,6 k €-13 k €-13,2 k €
Net result-12,3 k €-11 k €-15,4 k €3,4 M €5,3 M €
Balance sheet
Equity9,1 M €9,1 M €9,1 M €9,1 M €6,9 M €
Total assets9,1 M €9,1 M €9,1 M €9,1 M €9,1 M €
Cash7 k €17,2 k €28,7 k €43,6 k €37,6 k €
Debts9,2 k €7,3 k €7,3 k €7,3 k €2,3 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Bernard Van Hoorebeke
Director11/03/2013 → 03/10/2027
Emiel Lathouwers
Director11/03/2013 → 03/10/2027
Francis Geernaert
Managing director11/03/2013 → 03/10/2027
Michel De Bisscop
Director11/03/2013 → 03/10/2027

Other companies at this address

Bellevue 5 9050 Gent
CompanyCBE no.
BELCO FLANDERS● Active
0471.483.544
BRICSYS● Active
0846.256.902
1014.471.134
DEMA PROJECTS● Active
0741.381.391
Food & Co● Active
0880.591.338
G-LABEL● Active
0887.250.486
GREEN-CORNER● Active
0431.232.306
HERON● Active
0473.661.193
1031.038.932
LOSHOP● Active
0837.794.839
MEMLINC SHOPS● Active
0435.822.879
MIKEPPE● Active
0887.841.196
0822.787.454
1024.453.721
0476.252.776
0787.257.146

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date14/10/202629/09/202526/08/202423/08/202326/08/202230/08/2021
General meeting31/08/202611/07/202528/06/202430/06/202324/06/202225/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 13 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202531/08/202614/10/2026DutchPDF
Abridged model31/12/202411/07/202529/09/2025DutchPDF
Abridged model31/12/202328/06/202426/08/2024DutchPDF
Abridged model31/12/202230/06/202323/08/2023DutchPDF
Abridged model31/12/202124/06/202226/08/2022DutchPDF
Abridged model31/12/202025/06/202130/08/2021DutchPDF
Abridged model31/12/201926/06/202026/10/2020DutchPDF
Abridged model31/12/201828/06/201927/08/2019DutchPDF
Abridged model31/12/201729/06/201828/08/2018DutchPDF
Abridged model31/12/201630/06/201731/08/2017DutchPDF
Abridged model31/12/201524/06/201629/08/2016DutchPDF
Abridged model31/12/201426/06/201526/08/2015DutchPDF
Abridged model31/12/201327/06/201425/08/2014DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Bernard Van Hoorebeke
Director11/03/2013 → 03/10/2027
Emiel Lathouwers
Director11/03/2013 → 03/10/2027
Francis Geernaert
Managing director11/03/2013 → 03/10/2027
Michel De Bisscop
Director11/03/2013 → 03/10/2027

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates26/10/2021
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/07/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/03/2013
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Other27/12/2012
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings11 filings
Mandates
Francis Geernaert
Emiel Lathouwers
Michel De Bisscop
Bernard Van Hoorebeke
2012201320142015201620172018201920202021202220232024202520262027
FREESPACE
Bellevue 5 bte 301, 9050 Ledeberg (Gent)Bellevue 5 bus 301, 9050 Ledeberg (Gent)
Managing director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Bellevue 5 bte 301, 9050 Ledeberg (Gent)Current
accounts 2024 → 2025
Accounts 2025 · 2026-00559849
Bellevue 5 bus 301, 9050 Ledeberg (Gent)
accounts 2021 → 2023
Accounts 2023 · 2024-00378057

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
FREESPACECurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00559849

Events

  1. 2025
    Annual accounts 2025-12,3 k €↓
  2. 2024
    Annual accounts 2024-11 k €↑
  3. 2023
    Annual accounts 2023-15,4 k €↓
  4. 2022
    Annual accounts 20223,4 M €↓
  5. 2021
    Annual accounts 20215,3 M €↓
  6. 2018
    Annual accounts 20188,6 M €↑
  7. 2017
    Annual accounts 20174,3 M €↑
  8. 2016
    Annual accounts 2016-45,3 k €↑
  9. 2015
    Annual accounts 2015-58,9 k €↑
  10. 2014
    Annual accounts 2014-117 k €↑
  11. 2013
    Annual accounts 2013-295,5 k €
  12. 10/12/2012
    IncorporationPublic limited company