FRELA
0888.689.749 · rovalta.com · 21/09/2026
ACTIVE
FRELA
Financial year 2025 · closed on 31/12/2025
Net result
477,1 k €
+375.0% YoY
Gross margin
798,4 k €
+1179.3% YoY
Equity
626,0 k €
+320.6% YoY
Overview
What does FRELA do?
FRELA is a Private limited company incorporated in 2007. Its registered office is in Antwerpen.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0888.689.749
Incorporation
12/04/2007
Legal form
Private limited company
Registered office
Dokter Maurice Timmermanslaan 59
2170 Antwerpen · FlandreSee on map
2170 Antwerpen · FlandreSee on map
Contributed capital
275 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Gross margin | 798,4 k € | +1179% | 62,4 k € | +1.3% | 61,6 k € | +1.2% | 60,9 k € | +1.6% | 59,9 k € | -31.5% | 87,4 k € | -11.0% | 98,2 k € | -1.1% | 99,3 k € | +3.0% | 96,4 k € | -1.4% | 97,8 k € | -1.1% | 98,8 k € | +1.7% | 97,2 k € | +1.9% | 95,4 k € | -0.6% | 95,9 k € | -2.2% | 98,1 k € | -5.9% | 104,3 k € | +0.8% | 103,5 k € | -19.4% | 128,4 k € | +163% | 48,9 k € |
| EBITDA | 794,6 k € | +1313% | 56,2 k € | +1.0% | 55,7 k € | +1.5% | 54,9 k € | +1.4% | 54,1 k € | -33.7% | 81,6 k € | -12.1% | 92,8 k € | -1.2% | 94,0 k € | +3.1% | 91,2 k € | -1.3% | 92,4 k € | -1.2% | 93,5 k € | +5.2% | 88,8 k € | -1.4% | 90,1 k € | -0.8% | 90,8 k € | -2.5% | 93,1 k € | -6.3% | 99,4 k € | +0.8% | 98,7 k € | -20.7% | 124,5 k € | +166% | 46,8 k € |
| Operating result | 794,6 k € | +3463% | 22,3 k € | +37.5% | 16,2 k € | -8.8% | 17,8 k € | -1.6% | 18,1 k € | -61.1% | 46,4 k € | -19.0% | 57,3 k € | -1.5% | 58,1 k € | +5.1% | 55,3 k € | -1.8% | 56,3 k € | -1.9% | 57,4 k € | +7.7% | 53,3 k € | -12.5% | 60,9 k € | -1.1% | 61,6 k € | -4.0% | 64,2 k € | -8.9% | 70,5 k € | +1.1% | 69,7 k € | -27.2% | 95,8 k € | +3855% | -2,6 k € |
| Net result | 477,1 k € | +375% | -173,5 k € | -1738% | 10,6 k € | -9.6% | 11,7 k € | +27.2% | 9,2 k € | -67.2% | 28,1 k € | -12.8% | 32,2 k € | +5.2% | 30,6 k € | +20.0% | 25,5 k € | +7.8% | 23,6 k € | +7.2% | 22,1 k € | +168% | 8,2 k € | -53.8% | 17,8 k € | -72.8% | 65,3 k € | +118% | -359,2 k € | -1957% | 19,3 k € | +54.5% | 12,5 k € | -91.0% | 139,7 k € | +805% | -19,8 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 626,0 k € | +321% | 148,8 k € | -53.8% | 322,4 k € | +3.4% | 311,8 k € | +3.9% | 300,1 k € | +3.2% | 290,8 k € | +10.7% | 262,8 k € | +14.0% | 230,6 k € | +15.3% | 200,0 k € | +14.6% | 174,5 k € | +15.7% | 150,9 k € | +17.1% | 128,8 k € | +6.8% | 120,6 k € | +17.3% | 102,8 k € | +175% | -137,5 k € | -162% | 221,7 k € | +4.4% | 212,4 k € | +6.3% | 199,9 k € | +149% | 80,2 k € |
| Total assets | 793,7 k € | +67.9% | 472,6 k € | -33.4% | 710,1 k € | -2.6% | 729,3 k € | -4.6% | 764,6 k € | -3.1% | 789,1 k € | -7.9% | 856,7 k € | -2.6% | 879,2 k € | -4.2% | 917,3 k € | -4.4% | 959,8 k € | -4.7% | 1,0 M € | -4.8% | 1,1 M € | +3.9% | 1,0 M € | -3.1% | 1,1 M € | +1.6% | 1,0 M € | -35.8% | 1,6 M € | -1.5% | 1,6 M € | -1.7% | 1,7 M € | +81.7% | 916,1 k € |
| Cash | 633,7 k € | +72373% | 874,4 € | -95.4% | 18,9 k € | +799% | 2,1 k € | -65.5% | 6,1 k € | -34.4% | 9,3 k € | -55.1% | 20,7 k € | +173% | 7,6 k € | -24.7% | 10,1 k € | -26.1% | 13,6 k € | +38.9% | 9,8 k € | -61.8% | 25,6 k € | +99.7% | 12,8 k € | -1.9% | 13,1 k € | +38.7% | 9,4 k € | +3.8% | 9,1 k € | +46.2% | 6,2 k € | -25.8% | 8,4 k € | -33.2% | 12,5 k € |
| Debts | 167,7 k € | -48.2% | 323,8 k € | -16.5% | 387,7 k € | -7.1% | 417,5 k € | -10.1% | 464,6 k € | -6.8% | 498,2 k € | -16.1% | 594,0 k € | -8.4% | 648,6 k € | -9.6% | 717,3 k € | -8.7% | 785,3 k € | -8.2% | 855,8 k € | -7.9% | 928,9 k € | +4.3% | 890,9 k € | -5.4% | 941,6 k € | -19.2% | 1,2 M € | -15.7% | 1,4 M € | -2.9% | 1,4 M € | -2.8% | 1,5 M € | +75.2% | 835,9 k € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | – | 0,0 ETP | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | ||||||||||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 2,5 M€ and 5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 6 ended
Active mandates
An Adriaenssens
ActiveGunter Cornelis
ActiveEnded mandates
An Adriaenssens
EndedAn Adriaenssens
EndedAn Paul Adriaenssens
EndedGunter Cornelis
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged 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 | 06/07/2026 | 01/08/2025 | 06/08/2024 | 31/07/2023 | 25/07/2022 | 09/07/2021 |
| General meeting | 26/06/2026 | 27/06/2025 | 28/06/2024 | 30/06/2023 | 24/06/2022 | 25/06/2021 |
| 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
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 | 31/12/2025 | 26/06/2026 | 06/07/2026 | Dutch | |
| Abridged model | 31/12/2024 | 27/06/2025 | 01/08/2025 | Dutch | |
| Abridged model | 31/12/2023 | 28/06/2024 | 06/08/2024 | Dutch | |
| Abridged model | 31/12/2022 | 30/06/2023 | 31/07/2023 | Dutch | |
| Abridged model | 31/12/2021 | 24/06/2022 | 25/07/2022 | Dutch | |
| Abridged model | 31/12/2020 | 25/06/2021 | 09/07/2021 | Dutch | |
| Abridged model | 31/12/2019 | 26/06/2020 | 27/07/2020 | Dutch | |
| Abridged model | 31/12/2018 | 28/06/2019 | 04/07/2019 | Dutch | |
| Abridged model | 31/12/2017 | 29/06/2018 | 30/07/2018 | Dutch | |
| Abridged model | 31/12/2016 | 30/06/2017 | 28/07/2017 | Dutch | |
| Abridged model | 31/12/2015 | 24/06/2016 | 04/07/2016 | Dutch | |
| Abridged model | 31/12/2014 | 26/06/2015 | 31/07/2015 | Dutch | |
| Abridged model | 31/12/2013 | 27/06/2014 | 28/07/2014 | Dutch | |
| Abridged model | 31/12/2012 | 28/06/2013 | 28/07/2013 | Dutch | |
| Abridged model | 31/12/2011 | 29/06/2012 | 17/07/2012 | Dutch | |
| Abridged model | 31/12/2010 | 24/06/2011 | 27/06/2011 | Dutch | |
| Abridged model | 31/12/2009 | 25/06/2010 | 12/07/2010 | Dutch | |
| Abridged model | 31/12/2008 | 26/06/2009 | 30/08/2009 | Dutch | |
| Abridged model | 31/12/2007 | 27/06/2008 | 25/07/2008 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 2,5 M€ and 5 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 31/12/2025 · 2 active · 6 ended
Active mandates
An Adriaenssens
ActiveGunter Cornelis
ActiveEnded mandates
An Adriaenssens
EndedAn Adriaenssens
EndedAn Paul Adriaenssens
EndedGunter Cornelis
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025477,1 k €↑
- 2024Annual accounts 2024-173,5 k €↓
- 2023Annual accounts 202310,6 k €↓
- 2022Annual accounts 202211,7 k €↑
- 2021Annual accounts 20219,2 k €↓
- 2020Annual accounts 202028,1 k €↓
- 2019Annual accounts 201932,2 k €↑
- 2018Annual accounts 201830,6 k €↑
- 2017Annual accounts 201725,5 k €↑
- 2016Annual accounts 201623,6 k €↑
- 2015Annual accounts 201522,1 k €↑
- 2014Annual accounts 20148,2 k €↓
- 2013Annual accounts 201317,8 k €↓
- 2012Annual accounts 201265,3 k €↑
- 2011Annual accounts 2011-359,2 k €↓
- 2010Annual accounts 201019,3 k €↑
- 2009Annual accounts 200912,5 k €↓
- 2008Annual accounts 2008139,7 k €↑
- 2007Annual accounts 2007-19,8 k €
- 12/04/2007IncorporationPrivate limited company