FAGRE
ActiveSummary
The computed 12-month bankruptcy probability of FAGRE is 2.4% (moderate). The 2025 annual accounts show equity of €1.3m and a net result of -€81,826. Equity is shrinking by ~5.7% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 5 accounts on average 6 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
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Peer companies
Historical observationOf the 928 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 93% are still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a small loss
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 928 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €139,122 | €85,371 | €86,245 | €86,245 | €85,936 | ▼ 0.4% |
| Other operating charges640/8 | €4,809 | €2,911 | €3,890 | €6,036 | €4,077 | ▼ 32.5% |
| Gross operating margin9900 | €10,177 | €42,662 | €4,881 | €4,100 | €12,666 | ▲ 209% |
| Operating profit (loss)9901 | -€133,754 | -€45,621 | -€85,255 | -€88,181 | -€77,347 | ▲ 12.3% |
| Financial income75/76B | - | €1 | €0 | - | - | - |
| Recurring financial income75 | - | €1 | €0 | - | - | - |
| Financial charges65/66B | €574 | €5,447 | €4,967 | €4,721 | €4,479 | ▼ 5.1% |
| Recurring financial charges65 | €574 | €5,447 | €4,967 | €4,721 | €4,479 | ▼ 5.1% |
| Profit (loss) for the period before taxes9903 | -€134,328 | -€51,067 | -€90,221 | -€92,902 | -€81,826 | ▲ 11.9% |
| Profit (loss) for the period9904 | -€134,328 | -€51,067 | -€90,221 | -€92,902 | -€81,826 | ▲ 11.9% |
| Profit (loss) for the period to be appropriated9905 | -€134,328 | -€51,067 | -€90,221 | -€92,902 | -€81,826 | ▲ 11.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.2m | €2.1m | €2.0m | €1.9m | €1.9m | ▼ 4.4% |
| Fixed assets21/28 | €2.2m | €2.1m | €2.0m | €1.9m | €1.9m | ▼ 4.4% |
| Tangible fixed assets22/27 | €2.2m | €2.1m | €2.0m | €1.9m | €1.9m | ▼ 4.4% |
| Land and buildings22 | €2.1m | €2.1m | €2.0m | €1.9m | €1.8m | ▼ 4.2% |
| Plant, machinery and equipment23 | €22,508 | €27,853 | €24,628 | €21,402 | €18,177 | ▼ 15.1% |
| Furniture and vehicles24 | €24,070 | €24,830 | €21,538 | €18,246 | €15,263 | ▼ 16.3% |
| Financial fixed assets28 | €137 | €137 | €137 | €137 | €137 | = |
| Current assets29/58 | €7,857 | €11,369 | €3,556 | €2,432 | €2,096 | ▼ 13.8% |
| Amounts receivable within one year40/41 | €7,206 | €1,963 | €2,579 | €1,963 | €1,963 | = |
| Trade receivables40 | €5,243 | €0 | €122 | €0 | - | - |
| Other amounts receivable41 | €1,963 | €1,963 | €2,457 | €1,963 | €1,963 | = |
| Cash at bank and in hand54/58 | €143 | €8,906 | €417 | €127 | €115 | ▼ 9.6% |
| Deferred charges and accrued income490/1 | €508 | €500 | €560 | €342 | €18 | ▼ 94.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.2m | €2.1m | €2.0m | €1.9m | €1.9m | ▼ 4.4% |
| Equity10/15 | €1.6m | €1.6m | €1.5m | €1.4m | €1.3m | ▼ 5.9% |
| Contributions10/11 | €837,304 | €837,304 | €837,304 | €837,304 | €837,304 | = |
| Revaluation surpluses12 | €1.0m | €900,397 | €849,431 | €798,465 | €747,499 | ▼ 6.4% |
| Reserves13 | €7,611 | €126,532 | €177,498 | €228,463 | €279,429 | ▲ 22.3% |
| Non-distributable reserves130/1 | €3,963 | €3,963 | €3,963 | €3,963 | €3,963 | = |
| Reserves not available under the articles1311 | €3,963 | €3,963 | €3,963 | €3,963 | €3,963 | = |
| Distributable reserves133 | €3,648 | €122,569 | €173,535 | €224,501 | €275,466 | ▲ 22.7% |
| Profit (loss) carried forward14 | -€232,755 | -€283,821 | -€374,043 | -€466,945 | -€548,771 | ▼ 17.5% |
| Provisions and deferred taxes16 | €38,672 | €38,672 | €38,672 | €38,672 | €38,672 | = |
| Provisions for liabilities and charges160/5 | €38,672 | €38,672 | €38,672 | €38,672 | €38,672 | = |
| Pensions and similar obligations160 | €38,672 | €38,672 | €38,672 | €38,672 | €38,672 | = |
| Amounts payable17/49 | €522,369 | €503,327 | €499,489 | €505,023 | €500,576 | ▼ 0.9% |
| Amounts payable after more than one year17 | €362,363 | €343,122 | €323,882 | €304,641 | €285,401 | ▼ 6.3% |
| Financial debts170/4 | €362,363 | €343,122 | €323,882 | €304,641 | €285,401 | ▼ 6.3% |
| Amounts payable within one year42/48 | €160,006 | €160,205 | €175,608 | €200,381 | €215,176 | ▲ 7.4% |
| Current portion of amounts payable after more than one year42 | €17,637 | €19,241 | €19,241 | €19,241 | €19,241 | = |
| Trade debts44 | €2,424 | €630 | €610 | €560 | €1,126 | ▲ 101% |
| Suppliers440/4 | €2,424 | €630 | €610 | €560 | €1,126 | ▲ 101% |
| Taxes, remuneration and social security45 | €223 | €1,948 | €0 | - | - | - |
| Taxes450/3 | €223 | €1,948 | €0 | - | - | - |
| Other amounts payable47/48 | €139,722 | €138,386 | €155,757 | €180,581 | €194,809 | ▲ 7.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€134,328 | -€51,067 | -€90,221 | -€92,902 | -€81,826 | ▲ 11.9% |
| + Depreciation and write-downs630 | €139,122 | €85,371 | €86,245 | €86,245 | €85,936 | ▼ 0.4% |
| Operating cash flow (approximation) | €4,794 | €34,305 | -€3,976 | -€6,657 | €4,110 | ▲ 162% |
| Investment in fixed assets (approximation) | - | -€11,750 | €0 | €0 | €0 | - |
| Change in cash | - | €8,764 | -€8,489 | -€290 | -€12 | ▲ 95.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31334B0872/00_000 | Flanders | 132 m² | 1 · 132 m² | 10.0 m · 2 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.