Turnover
≈ €81,000 estimated
The micro format states no turnover.
FRAVAN SYNDIC
Lifetime
1 annual account with figurespeak €37,065 (2025)
€37,065
lowest -€1,575 (2025)
-€1,575
peak €23,425 (2025)
€23,425
€88,209
Board2 names since 2025
2 directorsMATTHIJS Peter-Jan Maria Mauritius and 1 other
Documentsfilings and deeds
15-10-202676 days late
2025micro format
Loss of €1,575Incorporation 05-051 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsDebts
€88,209 79% of the balance sheet
Financial debts 59%Suppliers 16%Taxes and wages 9%Other 16%
Of this, €36,018 falls due within a year.
Starting capital
€25,000 100 shares
2025 accounts filed 76 days after the deadline
Checked score
82
Excellent
Financially stronger than 57% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,625 companies (NACE 68, micro).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
05-2026: 0.7%
06-2026: 0.7%● unchanged vs 05-2026
07-2026: 0.7%● unchanged vs 06-2026
08-2026: 0.7%● unchanged vs 07-2026
09-2026: 0.8%▲ +0.1 percentage points vs 08-2026highest value
10-2026: 0.6%▼ -0.2 percentage points vs 09-2026lowest value
11-2026: 0.6%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Last filed accounts filed 76 days late; 1 of the last 3 accounts late
Founded in 2025
lowers risk
Sector: Real estate activities (NACE 68)
Liquidity: current ratio 0.69, cash €25,030
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 41% of them on solvency, 76% on liquidity and 53% on profitability.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 173 companies had the same profile as FRAVAN SYNDIC has now. Each dot is one company, two years later.
94.2%
were still trading
2.3%
stopped another way
2.9%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of FRAVAN SYNDIC itself is lower: 0.6% within 12 months. It rests on far more data about FRAVAN SYNDIC than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 173 companies, not a prediction for FRAVAN SYNDIC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.69, below 1. Short-term debt is 32.3% and cash 22.4% of total assets. 79% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 76 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-10-2026, 76 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
76 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1022895682
Incorporation
Founding capital of €25,000, 100 shares · Founder: TRUYTS Maxim (founder and shareholder) · Appointments: TRUYTS Maxim (director) and MATTHIJS Peter-Jan Maria Mauritius (director) · published on 05-05-2025 · Gazette deed
First establishment
Marktstraat 35, Izegem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FRAVAN SYNDIC Izegem | €111,634 | €37,065 | 21.0% | - |
| BSGSI Châtelet | €116,213 | €41,283 | 18.6% | - |
| Leolux Syndic Asse | €58,253 | €36,576 | 21.7% | - |
| SYNDIKS Diksmuide | €164,997 | €19,681 | 1.4% | - |
| Umove Services Tervuren | €58,446 | €39,226 | 59.4% | - |
| Pascal Pierco Tienen | €86,735 | €38,552 | 84.6% | - |
| MVS PARTNERS Antwerp | €77,360 | €55,721 | 58.2% | - |
These companies have the same main activity as FRAVAN SYNDIC: property management for co-owned buildings (syndics) (NACE 68321). They are comparable in size and age: total assets between €58,300 and €165,000, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 30-04-2025Normal situation
- Activity
- Property management for co-owned buildings (syndics)NACE 68321
- Establishment unit
- 2.374.082.9188870 Izegem, since 30-04-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 18-06-2025
Insights on FRAVAN SYNDIC
FRAVAN SYNDIC has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €23,425 and a net result of -€1,575.
Its solvency ranks better than 43% of 17,185 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about FRAVAN SYNDIC
- What is the company number of FRAVAN SYNDIC?
- The company number of FRAVAN SYNDIC is 1022.895.682. The VAT number is the same number with BE in front: BE 1022.895.682.
- Where is FRAVAN SYNDIC based?
- The registered office is at Marktstraat 35, 8870 Izegem.Company details
- What does FRAVAN SYNDIC do?
- According to the KBO register, the main activity is property management for co-owned buildings (syndics) (NACE 68321).
- What is the legal form of FRAVAN SYNDIC?
- FRAVAN SYNDIC is a private limited company (BV).
- When was FRAVAN SYNDIC founded?
- FRAVAN SYNDIC was founded on 30-04-2025.
- Is FRAVAN SYNDIC still active?
- Yes, FRAVAN SYNDIC is an active enterprise in the KBO register.
- How many employees does FRAVAN SYNDIC have?
- FRAVAN SYNDIC had an average of 0.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of FRAVAN SYNDIC?
- The turnover in financial year 2025 is ≈ €81,000. This figure is estimated from the gross margin of €37,065 and 32 comparable companies (NACE 683). It probably lies between €55,000 and €140,000.
- Is FRAVAN SYNDIC profitable?
- In financial year 2025, FRAVAN SYNDIC made a loss of €1,575.
- Where can I find the annual accounts of FRAVAN SYNDIC?
- FRAVAN SYNDIC filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
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