FRACHA
ActiveFRACHA has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €394k and a net result of €-17k. Equity is growing by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 27% of 1720 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-71
Solvency34▼-47
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days only on tighter terms
Liquidity short (current ratio 0.92 against 1.24 in 2024), and 75.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 01
Relative position
BE, all sectors
reference
Sector 01
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
24.4%
Return on assets
-1.1%
Age of the figures
17 mo
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 21-11-2025, 21 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
21 d late
2024
31 d early
2023
on the day
2022
3 d late
2021
1 d late
2020
3 d late
2019
35 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close13-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€394k▼ 14.6%
2024 · €461k
2019: €389k
2020: €385k
2021: €453k
2022: €466k
2023: €483k
2024: €461k
2019 → 2025
Total assets
€1.61M▲ 102%
2024 · €799k
2019: €935k
2020: €900k
2021: €932k
2022: €874k
2023: €759k
2024: €799k
2019 → 2025
Net result
€-17k
2024 · €65k
2019: €41k
2020: €4k
2021: €74k
2022: €20k
2023: €17k
2024: €65k
2019 → 2025
Working capital
€-50k
2024 · €79k
2019: €-123k
2020: €128k
2021: €19k
2022: €25k
2023: €101k
2024: €79k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€453k-€466k▲ 3.1%€483k▲ 3.5%€461k▼ 4.6%€394k▼ 14.6%
Operating result€79k-€20k▼ 74.8%€16k▼ 21.6%€73k▲ 365%€-16k
Net result€74k-€20k▼ 72.6%€17k▼ 17.0%€65k▲ 288%€-17k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €16k after €73k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.61M
Fixed assets
€1.03M▲ 168%
Current assets
€586k▲ 40.9%
Equity and liabilities €1.61M
Equity
€394k▼ 14.6%
Provisions
€1k▼ 38.1%
Debt
€1.22M▲ 262%
The debt ratio rises from 42.1% to 75.5%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€130k▼
2024 · €177k
Cash flow
€129k▼
2024 · €170k
Solvency
24.4%▼
2024 · 57.6%
Current ratio
0.92▼
2024 · 1.24
Quick ratio
0.66▼
2024 · 0.77
Debt / equity
3.10▲
2024 · 0.73
ROE
-4.4%▼
2024 · 14.1%
ROA
-1.1%▼
2024 · 8.1%
Interest coverage
11.43▼
2024 · 31.18
Debt
€1.22M▲
2024 · €337k
Debt ≤ 1 year
€636k▲
2024 · €337k
Debt > 1 year
€582k▲
2024 · €0
Staff costs
€298k▲
2024 · €93k
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€799k€1.61M▲
Fixed assets21/28€384k€1.03M▲
Tangible fixed assets22/27€384k€1.03M▲
Land and buildings22€135k€472k▲
Plant, machinery and equipment23€220k€395k▲
Furniture and vehicles24€29k€161k▲
Financial fixed assets28-€135
Current assets29/58€416k€586k▲
Stocks and contracts in progress3€156k€165k▲
Stocks30/36€156k€165k▲
Amounts receivable within one year40/41€76k€176k▲
Trade receivables40€56k€111k▲
Other amounts receivable41€19k€65k▲
Current investments50/53€21k€21k=
Cash at bank and in hand54/58€161k€217k▲
Deferred charges and accrued income490/1€2k€7k▲
Equity and liabilities
Total equity and liabilities10/49€799k€1.61M▲
Equity10/15€461k€394k▼
Contributions10/11€30k€30k=
Reserves13€405k€346k▼
Non-distributable reserves130/1€3k-
Reserves not available under the articles1311€3k-
Distributable reserves133€402k€346k▼
Profit (loss) carried forward14€0-
Investment grants15€26k€17k▼
Provisions and deferred taxes16€2k€1k▼
Deferred taxes168€2k€1k▼
Amounts payable17/49€337k€1.22M▲
Amounts payable after more than one year17€0€582k▲
Financial debts170/4€0€582k▲
Amounts payable within one year42/48€337k€636k▲
Current portion of amounts payable after more than one year42€45k€89k▲
Trade debts44€75k€276k▲
Suppliers440/4€75k€276k▲
Taxes, remuneration and social security45€1k€21k▲
Taxes450/3€584-
Remuneration and social security454/9€885€21k▲
Other amounts payable47/48€215k€250k▲
Accrued charges and deferred income492/3-€1k
Income statement
Code20242025
Remuneration, social security and pensions62€93k€298k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€105k€146k▲
Other operating charges640/8€9k€53k▲
Gross operating margin9900€279k€482k▲
Operating profit (loss)9901€73k€-16k▼
Financial income75/76B€12k€9k▼
Recurring financial income75€12k€9k▼
Financial charges65/66B€6k€11k▲
Recurring financial charges65€6k€11k▲
Profit (loss) for the period before taxes9903€79k€-18k▼
Transfer from deferred taxes780€775€775=
Income taxes67/77€15k-
Profit (loss) for the period9904€65k€-17k▼
Profit (loss) for the period to be appropriated9905€65k€-17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€65k€-17k▼
Transfer from equity791/2€79k€17k▼
Transfer to equity691/2€65k-
To other reserves6921€65k-
Profit to be distributed694/7€79k-
Return on contributions (dividend)694€79k-
Social balance
Average headcount (FTE)90872.17.0▲
The notes to these accounts (11 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
2025
21-11
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 21 days late
31-03
Financial
Weakest financial yearnet €-17k ▼127%
Net result drops to €-17k, the lowest in the series.
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
03-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 3 days late
2021
01-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 1 day late
31-03
Financial
Highest result since 2019net €74k ▲1563%
Operating result €79k, net result €74k, both a record.
2020
03-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 3 days late
31-03
Financial
Liquidity doublescurrent ratio 1.59
Current ratio from 0.71 to 1.59; short-term debt falls from €421k to €215k.
2019
26-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
10-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
08-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
23-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
under verification, no change since 2024
This board is reconstructed from a single act (24432609). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
DE FOUR Tessa
CurrentDirector · since 01-10-2024
Leen Goetry
CurrentPlaatsvervangend bestuurder · since 01-10-2024
VANTHOURNOUT Leander
CurrentDirector · since 01-10-2024
01-10-2024
DE FOUR Tessa: Appointed as Director
01-10-2024
Leen Goetry: Appointed as Plaatsvervangend bestuurder
01-10-2024
VANTHOURNOUT Leander: Appointed as Director
01-10-2024
DESMET Chantal: Resigned as Director
Location & real-estate footprint
Registered office, Tielt · 1 establishment unit since 2003
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.
Bosterhoutstraat 98760 TieltGround area
3,499 m²
Building footprint
1,078 m²
Volume, LiDAR
5,878 m³
Parcel 37322B0186/00P000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Bosterhoutstraat 9, 8760 Tielt
since 20032.133.780.066
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37322B0186/00P000 | Flanders | 3,499 m² | 1 · 1,078 m² | 7.9 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
2022 to 2025 · 5 entries · 5,930 EUR awarded · 5,931 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | -281 EUR | 0 EUR |
| 2024 | 1 | 0 EUR | 94 EUR |
| 2023 | 2 | 499 EUR | 125 EUR |
| 2022 | 1 | 5,712 EUR | 5,712 EUR |
Schemes
Investeringssteun voor land- en tuinbouwers
Beheerovereenkomst tussen de Vlaamse Landmaatschappij en landbouwers
Subsidies vanuit plattelandsbeleid
Recognitions · licences · registrations
Food safety, FASFC
1 siteTielt2.133.780.066
Similar companies · same sector, comparable size
DE BOSSEN
BE 0847.378.637
Lier · Eq €395k
DEVEUX FRUIT
BE 0478.297.397
Hasselt · Eq €396k
FRESITA
BE 0810.179.236
Wingene · Eq €397k
FRUITBEDRIJF J&F CORTHAUT
BE 0425.942.440
Sint-Truiden · Eq €397k
TINAGRO
BE 0729.547.985
Sint-Katelijne-Waver · Eq €389k
Of 3,615 companies in sector 01130 we hold annual accounts for 783. 598 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-05-2003
Fiscal year end31-03
Activities, NACEBEL
01121
01130Growing of vegetables, melons, roots and tubers
01240Growing of pome and stone fruits
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.