FLANDERS FAGROBEL
ActiveSummary
FLANDERS FAGROBEL has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of €40,132. Equity has been growing by about 8.3% per year since 2018. Its solvency ranks better than 95% of 2,332 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 28-02-2007 Normal situation
- Activity
- Machining of metals NACE 25530and 1 other
- Joint committees
- 111 Paritair Comité voor de metaal-, machine- en elektrische bouw
- 105 Paritair Comité voor de non-ferro metalen · annual accounts 2024
- Establishment unit
- 2.160.245.032 8900 Ieper, since 01-03-2007
- Financial year end
- 31 December
- Peppol
- Reachable since 28-10-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €113,542
- ▼ 82.1%
- Turnover
- ≈ €280,000
- estimated
- Profit
- €40,132
- ▼ 89.3%
- Equity
- €1.4m
- ▲ 2.9%
- Total assets
- €1.5m
- ▼ 2.1%
- Staff
- ≈ 0 FTE
- estimated
Score breakdownraises riskSector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)Liquidity: current ratio 46.74, cash €37,548, halvedlowers riskEquity €1.4m (98.8% of total assets)Size: total assets €1.5mShow the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 25, micro). It does better than 90% of them on solvency, 50% on liquidity, 31% on profitability and 45% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 61 days before the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
Key points
- Caution: Result fell in 2025from €374,340 to €40,132 ▼ 89.3% View
- Positive: Higher solvency than 95% of companies in fabricated metal productssector median 44.2% · 2,332 companies 98.8% View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Positive: 8 profitable years in a rowprofit 2025: €40,132 8 years View
Recent changes
- · Gazette deed Resignation: Denorme Patrick (director)Reappointment: Denorme Patrick (director)
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as FLANDERS FAGROBEL: machining of metals (NACE 25530). They are comparable in size and age: total assets between €1.1m and €1.6m, founded between 2000 and 2005.
| Company | Total assets | Gross margin |
|---|---|---|
| FLANDERS FAGROBEL Ieper | €1.5m | €0.1m |
| HOMET Izegem | €1.4m | €0.1m |
| ITENSO TECHNICS Waregem | €1.1m | €0.1m |
| CONSTRUCTIE DEWITTE Pittem | €1.4m | €0.2m |
| ARDIX MC Lummen | €1.2m | €0.1m |
| C.V.M. Estaimpuis | €1.6m | €0.07m |
| VERMEULEN CONSTRUCT Ieper | €1.6m | €0.2m |
Key facts about FLANDERS FAGROBEL
- What is the company number of FLANDERS FAGROBEL?
- The company number of FLANDERS FAGROBEL is 0887.584.840. The VAT number is the same number with BE in front: BE 0887.584.840.
- Where is FLANDERS FAGROBEL based?
- The registered office is at Zonnebeekseweg 379, 8900 Ieper.Company details
- What does FLANDERS FAGROBEL do?
- According to the KBO register, the main activity is machining of metals (NACE 25530).
- What is the legal form of FLANDERS FAGROBEL?
- The legal form of FLANDERS FAGROBEL is Private limited company (BV).
- When was FLANDERS FAGROBEL founded?
- FLANDERS FAGROBEL was founded on 28-02-2007.
- Is FLANDERS FAGROBEL still active?
- Yes, FLANDERS FAGROBEL is an active enterprise in the KBO register.
- How many employees does FLANDERS FAGROBEL have?
- FLANDERS FAGROBEL had an average of 0.8 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does FLANDERS FAGROBEL fall under?
- In its 2024 annual accounts, FLANDERS FAGROBEL states joint committees 111 (Paritair Comité voor de metaal-, machine- en elektrische bouw) and 105 (Paritair Comité voor de non-ferro metalen).
- What is the turnover of FLANDERS FAGROBEL?
- The turnover in financial year 2025 is ≈ €280,000. This figure is estimated from the gross margin of €113,542 and 2,215 comparable companies of the same size. It probably lies between €190,000 and €440,000. It is a rough estimate.
- Is FLANDERS FAGROBEL profitable?
- In financial year 2025, FLANDERS FAGROBEL made a profit of €40,132.
- Where can I find the annual accounts of FLANDERS FAGROBEL?
- FLANDERS FAGROBEL filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FLANDERS FAGROBEL due?
- FLANDERS FAGROBEL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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