Frabelec
ActiveFrabelec has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €192k and a net result of €34k. Equity is growing by ~10.1% per year across the filed fiscal years. Its solvency ranks better than 19% of 8601 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▼-8
Solvency41▼-6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity tight (current ratio 1.03 against 1.08 in 2024; short-term debt: 76.2% and cash: 8.2% of total assets), and 84.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
15.5%
Return on assets
2.8%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 8601 sector peers (2025).
NBB · sector comparisonPosition among 8601 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
25 d late
2023
33 d early
2022
28 d early
2021
11 d late
2020
24 d late
2019
91 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€192k▼ 13.4%
2024 · €222k
2018: €114k
2020: €151k
2021: €78k
2022: €69k
2023: €130k
2024: €222k
2018 → 2025
Total assets
€1.24M▲ 25.6%
2024 · €988k
2018: €248k
2020: €965k
2021: €966k
2022: €673k
2023: €755k
2024: €988k
2018 → 2025
Net result
€34k▼ 62.8%
2024 · €92k
2018: €18k
2020: €138k
2021: €6k
2022: €-8k
2023: €61k
2024: €92k
2018 → 2025
Working capital
€25k▼ 53.8%
2024 · €53k
2018: €62k
2020: €57k
2021: €-31k
2022: €-43k
2023: €-14k
2024: €53k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€78k-€69k▼ 10.9%€130k▲ 88.6%€222k▲ 70.5%€192k▼ 13.4%
Operating result€16k-€-8k€92k€149k▲ 61.1%€63k▼ 57.8%
Net result€6k-€-8k€61k€92k▲ 50.0%€34k▼ 62.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 58% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.24M
Fixed assets
€271k▲ 0.3%
Current assets
€969k▲ 35.1%
Equity and liabilities €1.24M
Equity
€192k▼ 13.4%
Debt
€1.05M▲ 36.9%
The debt ratio rises from 77.5% to 84.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€149k▼
2024 · €220k
Cash flow
€120k▼
2024 · €163k
Solvency
15.5%▼
2024 · 22.5%
Current ratio
1.03▼
2024 · 1.08
Quick ratio
1.03▼
2024 · 1.08
Debt / equity
5.45▲
2024 · 3.45
ROE
17.8%▼
2024 · 41.3%
ROA
2.8%▼
2024 · 9.3%
Interest coverage
22.32▼
2024 · 27.85
Debt
€1.05M▲
2024 · €766k
Debt ≤ 1 year
€945k▲
2024 · €664k
Debt > 1 year
€91k▲
2024 · €88k
Income taxes
€25k▼
2024 · €49k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€988k€1.24M▲
Fixed assets21/28€270k€271k▲
Intangible fixed assets21€82k€39k▼
Tangible fixed assets22/27€188k€232k▲
Land and buildings22€19k€18k▼
Plant, machinery and equipment23€8k€4k▼
Furniture and vehicles24€161k€206k▲
Other tangible fixed assets26-€4k
Current assets29/58€717k€969k▲
Amounts receivable within one year40/41€614k€830k▲
Trade receivables40€588k€717k▲
Other amounts receivable41€26k€114k▲
Cash at bank and in hand54/58€95k€102k▲
Deferred charges and accrued income490/1€9k€37k▲
Equity and liabilities
Total equity and liabilities10/49€988k€1.24M▲
Equity10/15€222k€192k▼
Contributions10/11€6k€6k=
Reserves13€216k€186k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€214k€184k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€766k€1.05M▲
Amounts payable after more than one year17€88k€91k▲
Financial debts170/4€88k€91k▲
Amounts payable within one year42/48€664k€945k▲
Current portion of amounts payable after more than one year42€28k€31k▲
Trade debts44€583k€781k▲
Suppliers440/4€583k€781k▲
Taxes, remuneration and social security45€53k€69k▲
Taxes450/3€53k€69k▲
Other amounts payable47/48€113€64k▲
Accrued charges and deferred income492/3€13k€13k▼
Income statement
Code20242025
Non-recurring operating income76A€23k€26k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€71k€86k▲
Other operating charges640/8€2k€4k▲
Gross operating margin9900€221k€153k▼
Operating profit (loss)9901€149k€63k▼
Financial income75/76B€0€3k▲
Recurring financial income75€0€3k▲
Financial charges65/66B€8k€7k▼
Recurring financial charges65€8k€7k▼
Profit (loss) for the period before taxes9903€141k€60k▼
Income taxes67/77€49k€25k▼
Profit (loss) for the period9904€92k€34k▼
Profit (loss) for the period to be appropriated9905€92k€34k▼
Appropriation of the result
Profit (loss) to be appropriated9906€92k€34k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2-€64k
Transfer to equity691/2€92k€34k▼
To other reserves6921€92k€34k▼
Profit to be distributed694/7-€64k
Return on contributions (dividend)694-€64k
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 25 days late
2024
31-12
Financial
Equity above €200kEq €222k ▲70.5%
2 profitable years in a row build equity to €222k.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €61k
Net result €61k after one loss-making year.
31-12
Financial
Equity above €100kEq €130k ▲88.6%
Equity rises from €69k to €130k.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-8k ▼254%
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 11 days late
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
31-12
Financial
Highest result since 2018net €138k ▲660%
Operating result €178k, net result €138k, both a record.
31-12
Financial
Equity above €150kEq €151k ▲32.2%
2 profitable years in a row build equity to €151k.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 1992
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Slangbeekstraat 233511 HasseltGround area
1,952 m²
Building footprint
211 m²
Volume, LiDAR
1,163 m³
Parcel 71032A0360/00B006, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Frabelec BV
since 19922.059.079.871
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71032A0360/00B006 | Flanders | 1,952 m² | 1 · 211 m² | 9.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 390 EUR awarded · 390 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 390 EUR | 390 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteHasselt2.059.079.871
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Of 82,524 companies in sector 70200 we hold annual accounts for 52,566. 40,166 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-09-1992
Fiscal year end31-12
Activities, NACEBEL
46170Agents in the wholesale of food, beverages and tobacco
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.