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Frabelec

Active
Private limited companyfounded 1992active for 34 yearsSlangbeekstraat 23, 3511 Hasselt, BelgiumKBO/BCE: BE 0448.177.216
Summary

Frabelec has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €192,285 and a net result of €34,167, of which €26,447 non-recurring income. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 19% of 10,798 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 14-09-1992 Normal situation
Activity
Business and other management consultancy NACE 70200and 1 other
Establishment unit
2.059.079.871 3511 Hasselt, since 06-10-1992
Financial year end
31 December
Peppol
Reachable since 08-07-2025

Board and ownership

Board

Financial position

90 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€152,621
▼ 31.0%
Turnover
≈ €240,000
estimated
Profit
€34,167
▼ 62.8%
Equity
€192,285
▼ 13.4%
Total assets
€1.2m
▲ 25.6%
  • 2025 accounts filed 31 days after the deadline
Filed on 31-08-2026
Score breakdownraises riskLast filed accounts filed 31 days late; 1 of the last 3 accounts latelowers riskSize: total assets €1.2mFigures for financial year 2025 (filed on 01-09-2026)Sector: Activities of head offices; management consultancy activities (NACE 70)Show the evidence

Checked score

Score 2025
90 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 23% of micro companies in head offices and management consultancy (NACE 70)
Financial strength · tick: 2024
Weak
Solvency 41-6
equity 15.5% of total assets
Liquidity 19-7
short-term debt 76.2% · cash 8.2%
Profitability 72-8
return on assets 2.8%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,528 companies, NACE 70, micro)
Last 24 months 12-2024: < 0.1%lowest value 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: 0.1%▲ +0.1 percentage points vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: < 0.1%▼ -0.2 percentage points vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: 0.1%▲ +0.1 percentage points vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026highest value 09-2026: 0.1%▼ -0.1 percentage points vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €17,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.03 (1.08 in 2024), below the usual 1.5. Short-term debt is 76.2% and cash 8.2% of total assets. 84.5% of the assets are financed with debt and provisions.
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 70, micro). It does better than 20% of them on solvency, 8% on liquidity, 36% on profitability and 26% on growth.

The bankruptcy probability was computed on 01-11-2026 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

Six signals.
lowers riskraises risk
lowers risk · Size: total assets €1.2m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Figures for financial year 2025 (filed on 01-09-2026)
NBB · annual accounts
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 10798 sector peers (2025).
NBB · sector comparison
Position among 10798 sector peers
Solvency
better than 19%
← weakest strongest →
raises risk · 2025 accounts filed 31 days late
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. 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 · 10 filings
Deviation from the deadline
2025
31 days late
2024
25 days late
2023
33 days early
2022
28 days early
2021
11 days late
2020
24 days late
2019
91 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 17 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 11 August (4 of the last 5 accounts filed within 39 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Result fell in 2025from €91,813 to €34,167 ▼ 62.8% View
  • Caution: Lower solvency than 80% of companies in head offices and management consultancysector median 52.4% · 10,798 companies 15.5% View

Recent changes

  1. · Gazette deed Appointment: Marie Vandewalle (director)
  2. · Gazette deed Incorporation
All 19 events

Comparable companies

These companies have the same main activity as Frabelec: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €992,000 and €1.4m, founded between 1989 and 1998.

CompanyTotal assetsGross margin
Frabelec Hasselt€1.2m€0.2m
Winters Industrial Technology Maaseik€1.1m€0.2m
BEHEERS MAATSCHAPPIJ COENEN Maaseik€1.3m€0.1m
IMPALA Duffel€1.4m€0.2m
P.V.S. Hemiksem€1.0m€0.1m
CLAST Dentergem€1.0m€0.2m
A.J. MANAGEMENT Les Bons Villers€1.2m€0.1m
Full comparison

Key facts about Frabelec

What is the company number of Frabelec?
The company number of Frabelec is 0448.177.216. The VAT number is the same number with BE in front: BE 0448.177.216.
Where is Frabelec based?
The registered office is at Slangbeekstraat 23, 3511 Hasselt.Company details
What does Frabelec do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of Frabelec?
The legal form of Frabelec is Private limited company (BV).
When was Frabelec founded?
Frabelec was founded on 14-09-1992.
Is Frabelec still active?
Yes, Frabelec is an active enterprise in the KBO register.
What is the turnover of Frabelec?
The turnover in financial year 2025 is ≈ €240,000. This figure is estimated from the gross margin of €152,621 and 94 comparable companies (NACE 70200). It probably lies between €200,000 and €320,000.Financials
Is Frabelec profitable?
In financial year 2025, Frabelec made a profit of €34,167.
Where can I find the annual accounts of Frabelec?
Frabelec filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Frabelec due?
Frabelec must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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