ACTIVE

FREELEX

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Financial year 2025 · closed on 31/12/2025

Net result

196,4 k €

-91.8% YoY

Revenue

132,8 k €

+2.2% YoY

Equity

3 M €

+6.9% YoY

What does FREELEX do?

FREELEX is a Private company with limited liability incorporated in 2010. Its registered office is in La Hulpe.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0827.572.623

Incorporation

06/07/2010

Legal form

Private company with limited liability

Registered office

Avenue Reine Astrid 92
1310 La Hulpe · WallonieSee on map

Contributed capital

2 071 883,12 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Revenue	132,8 k €	+2.2%	129,9 k €	+18.7%	109,5 k €	+35.9%	80,5 k €	+5.8%	76,1 k €	+0.6%	75,6 k €	+0.4%	75,4 k €	+2.7%	73,4 k €	+2.1%	71,9 k €	+1.5%	70,8 k €	+1.8%	69,5 k €	-0.1%	69,6 k €	+0.8%	69 k €	+2.6%	67,3 k €	+3.2%	65,2 k €		–
EBITDA	112,3 k €	-96.4%	3,1 M €	+9927%	30,8 k €	-50.0%	61,5 k €	+9.1%	56,4 k €	+5.1%	53,7 k €	-4.1%	56 k €	+2.5%	54,6 k €	+3.8%	52,6 k €	-16.7%	63,1 k €	-2.1%	64,5 k €	-0.0%	64,5 k €	+0.6%	64,1 k €	+2.3%	62,6 k €	+5.0%	59,6 k €	+1977%	-3,2 k €
Operating result	112,3 k €	-96.4%	3,1 M €	+9927%	30,8 k €	-50.0%	61,5 k €	+9.1%	56,4 k €	+5.1%	53,7 k €	-4.1%	56 k €	+2.5%	54,6 k €	+3.8%	52,6 k €	-16.7%	63,1 k €	-2.1%	64,5 k €	-0.0%	64,5 k €	+0.6%	64,1 k €	+2.3%	62,6 k €	+5.0%	59,6 k €	+1977%	-3,2 k €
Net result	196,4 k €	-91.8%	2,4 M €	+4291%	-57,3 k €	-332%	-13,3 k €	-11.9%	-11,9 k €	+20.3%	-14,9 k €	-11.6%	-13,3 k €	-31.0%	-10,2 k €	-1691%	-568,4 €	-102%	25,5 k €	-2.1%	26,1 k €	+13.2%	23 k €	+1.0%	22,8 k €	+19.7%	19 k €	+135%	8,1 k €	+274%	-4,7 k €
Balance sheet
Equity	3 M €	+6.9%	2,8 M €	+552%	435,1 k €	+42.3%	305,8 k €	-4.2%	319 k €	-3.6%	330,9 k €	-4.3%	345,8 k €	-3.7%	359,1 k €	-2.8%	369,3 k €	-0.2%	369,8 k €	+7.4%	344,3 k €	+8.2%	318,3 k €	+7.8%	295,3 k €	+8.4%	272,5 k €	+7.5%	253,5 k €	+3.3%	245,3 k €
Total assets	3,8 M €	+7.6%	3,5 M €	+40.2%	2,5 M €	+31.1%	1,9 M €	-0.7%	1,9 M €	-3.1%	2 M €	-4.7%	2,1 M €	+2.8%	2 M €	+5.7%	1,9 M €	-1.9%	2 M €	+2.5%	1,9 M €	+0.0%	1,9 M €	+0.0%	1,9 M €	-0.0%	1,9 M €	-0.0%	1,9 M €	+1.3%	1,9 M €
Cash	5,8 k €	+1.8%	5,7 k €	+95.6%	2,9 k €	-35.1%	4,5 k €	-75.3%	18,1 k €	-77.5%	80,4 k €	-21.8%	102,9 k €	-15.6%	121,9 k €	+877%	12,5 k €	+198%	4,2 k €	+127%	1,8 k €	+31.5%	1,4 k €	+114%	653,9 €	-3.3%	676,4 €	+5.4%	641,8 €	-100.0%	1,7 M €
Debts	763,2 k €	+10.3%	691,7 k €	-66.8%	2,1 M €	+29.0%	1,6 M €	-0.0%	1,6 M €	-3.0%	1,7 M €	-4.7%	1,7 M €	+4.1%	1,7 M €	+7.7%	1,6 M €	-2.0%	1,6 M €	+1.5%	1,6 M €	-1.6%	1,6 M €	-1.4%	1,6 M €	-1.3%	1,6 M €	-1.0%	1,7 M €	+0.5%	1,6 M €

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 13 ended

Active mandates

JULIE WILLEM

Director · since 08 août 2025 · until 16 mai 2028

Active

CAROLINE VANDERSTRAETEN

Director · since 21 mai 2024

Active

Eric COMMANS

Director · since 28 octobre 2016

Active

Hans VANDENDAEL

Director · since 28 octobre 2016 · until 08 août 2025

Active

Ended mandates

Didier FRANCOIS

Director · since 28 octobre 2016 · until 28 mars 2024

Ended

Didier FRANCOIS

Director · since 28 octobre 2016

Ended

Didier FRANCOIS

Manager · since 28 octobre 2016

Ended

Eric Commans

Manager · since 28 octobre 2016

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	09/06/2026	01/10/2025	04/06/2024	24/05/2023	20/05/2022	28/06/2021
General meeting	19/05/2026	24/09/2025	21/05/2024	16/05/2023	17/05/2022	18/05/2021
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

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Filings

Annual accounts filings

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	19/05/2026	09/06/2026	French	PDF
Full model	31/12/2024	24/09/2025	01/10/2025	French	PDF
Full model	31/12/2023	21/05/2024	04/06/2024	French	PDF
Full model	31/12/2022	16/05/2023	24/05/2023	French	PDF
Full model	31/12/2021	17/05/2022	20/05/2022	French	PDF
Full model	31/12/2020	18/05/2021	28/06/2021	French	PDF
Full model	31/12/2019	19/05/2020	02/06/2020	French	PDF
Full model	31/12/2018	21/05/2019	03/06/2019	French	PDF
Full model	31/12/2017	15/05/2018	17/05/2018	French	PDF
Full model	31/12/2016	16/05/2017	24/05/2017	French	PDF
Full model	31/12/2015	17/05/2016	24/05/2016	French	PDF
Full model	31/12/2014	19/05/2015	19/06/2015	French	PDF
Full model	31/12/2013	20/05/2014	06/06/2014	French	PDF
Full model	31/12/2012	21/05/2013	24/06/2013	French	PDF
Full model	31/12/2011	15/05/2012	04/06/2012	French	PDF
Full model	31/12/2010	17/05/2011	26/05/2011	French	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 13 ended

Active mandates

JULIE WILLEM

Director · since 08 août 2025 · until 16 mai 2028

Active

CAROLINE VANDERSTRAETEN

Director · since 21 mai 2024

Active

Eric COMMANS

Director · since 28 octobre 2016

Active

Hans VANDENDAEL

Director · since 28 octobre 2016 · until 08 août 2025

Active

Ended mandates

Didier FRANCOIS

Director · since 28 octobre 2016 · until 28 mars 2024

Ended

Didier FRANCOIS

Director · since 28 octobre 2016

Ended

Didier FRANCOIS

Manager · since 28 octobre 2016

Ended

Eric Commans

Manager · since 28 octobre 2016

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates15/10/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates12/06/2024
DEMISSIONS, NOMINATIONS
PDF
Restructuring27/07/2023
CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring01/06/2023
MODIFICATION FORME JURIDIQUE - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates04/06/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates04/07/2019
DEMISSIONS, NOMINATIONS
PDF
Registered office20/03/2017
SIEGE SOCIAL
PDF
Mandates05/12/2016
DEMISSIONS, NOMINATIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 2025196,4 k €↓
2024
Annual accounts 20242,4 M €↑
2023
Annual accounts 2023-57,3 k €↓
2022
Annual accounts 2022-13,3 k €↓
2021
Annual accounts 2021-11,9 k €↑
2020
Annual accounts 2020-14,9 k €↓
2019
Annual accounts 2019-13,3 k €↓
2018
Annual accounts 2018-10,2 k €↓
2017
Annual accounts 2017-568,4 €↓
2016
Annual accounts 201625,5 k €↓
2015
Annual accounts 201526,1 k €↑
2014
Annual accounts 201423 k €↑
2013
Annual accounts 201322,8 k €↑
2012
Annual accounts 201219 k €↑
2011
Annual accounts 20118,1 k €↑
2010
Annual accounts 2010-4,7 k €
06/07/2010
IncorporationPrivate company with limited liability

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

FREELEX

Overview

What does FREELEX do?

Trend over 16 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline