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FRADAX

Active Public limited companyfounded 1988active for 38 yearsRue de Huy 33, 4537 VerlaineKBO/BCE: BE 0435.656.791

Lifetime

17 annual accounts with figures on one time axis, 36 filings since 1989
peak €49,721 (2009)
€3,000unchanged
lowest -€2,976 (2015)
-€1,221▲ €123
peak €89,541 (2013)
€75,258▼ 1.6%
€3,890▼ 42.8%
peak 0.5 FTE (2009)
-not published
Board5 names since 2011
3 directors and 2 others
Documentsfilings and deeds
21-07-202610 days before the deadline
2025abbreviated format
Loss of €1,221Debts from €6,803 to €3,890

Key points

from the 2025 annual accounts

Losses

-€14,283 in twelve years
2014-2,9762015201620172018201920202021202220232024-1,2212025

Every financial year from 2014 to 2025 closed with a loss. 2015 was the heaviest.

Liquidity

15.82 was 9.25 in 2024

Short-term debts fell from €6,803 to €3,890.

Filings

36 annual accounts since 1989
AprilJune31 JulyOctober1990200020102020

Six of the last ten came late. The 2023 accounts came latest: 56 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 12,344 companies had the same profile as FRADAX has now. Each dot stands for 31 companies, two years later.

90.1%
were still trading
8.7%
stopped another way
0.7%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss

Another 0.5% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 12,344 companies, not a prediction for FRADAX. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Director
Director
  • 500 sharesdeed of 20-12-2023
  • 2,000 sharesdeed of 20-12-2023
Board & ownership

Recent changes

Amendment of the articles · Resignations & appointments Reappointments: , and · Legal-form conversion: from cooperative company to public limited company · holds 500 shares · General meeting of 14-12-2023 · Gazette deed
1 director resigning, 3 reappointments Resignation: · Reappointments: , and · “La société a pour objet social l'investissement et la gestion de son patrimoine mobilier et immobilier; Elle…” (deed in French) · General meeting of 16-09-2014 · Gazette deed
First establishment Rue de Huy 33, Verlaine
Incorporation published on 24-11-1988 · Gazette deed
All 42 events

Official details

Source: KBO
Status
Active since 07-11-1988Normal situation
Activity
“L'investissement et la gestion de son patrimoine mobilier et immobilier” (deed in French)From the articles, 4 activitiesNo NACE code in the KBO yet
Establishment unit
2.041.453.6844537 Verlaine, since 30-12-1988
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2025

€79,148▼ 5.0%
Filing
Filed on 21-07-2026, 10 days before the end of the filing period
Financials

Insights on FRADAX

FRADAX has existed since 1988. Turnover fell from €49,721 in 2009 to €3,000 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about FRADAX

What is the company number of FRADAX?
The company number of FRADAX is 0435.656.791. The VAT number is the same number with BE in front: BE 0435.656.791.
Where is FRADAX based?
The registered office is at Rue de Huy 33, 4537 Verlaine.Company details
What is the legal form of FRADAX?
FRADAX is a public limited company (NV).
When was FRADAX founded?
FRADAX was founded on 07-11-1988.
Is FRADAX still active?
Yes, FRADAX is an active enterprise in the KBO register.
What is the turnover of FRADAX?
The turnover of FRADAX was €3,000 in financial year 2025, according to the filed annual accounts.Financials
Is FRADAX profitable?
In financial year 2025, FRADAX made a loss of €1,221.
Where can I find the annual accounts of FRADAX?
FRADAX filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FRADAX due?
FRADAX must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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