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FRADEMCO

Active Private limited companyfounded 2006active for 20 yearsEkelbeke 146, 9220 Hamme (Vl.)KBO/BCE: BE 0880.688.338

Lifetime

19 annual accounts with figures on one time axis
peak €82,899 (2007)
-€17,097▲ €9,278
lowest -€100,830 (2018)
-€61,869▲ €795
peak €104,712 (2012)
-€653,735▼ €61,869
€1.2m▲ 14.3%
peak 0.4 FTE (2012)
-not published
Board2 names since 2021
2 directors and 1 other
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from -€26,375 to -€17,097Loss of €61,869Investments €95,435Cash from €1,905 to €5,688

Key points

from the 2025 annual accounts

Equity

-€653,735
202020212022202320242025

Debts exceed assets in financial year 2025.

Losses

-€757,295 in eleven years
201520162017-100,8302018201920202021202220232024-61,8692025

Every financial year from 2015 to 2025 closed with a loss. 2018 was the heaviest.

Debts

€1.2m 231% of the balance sheet
Financial debts 87%Suppliers 0%Taxes and wages 0%Other 13%

Of this, €152,135 falls due within a year.

Investments

€96,903 2.4 × depreciation
2021202220232025

Green is investment, beige is depreciation.

Liquidity

0.64 was 0.20 in 2024

Short-term debts fell from €347,761 to €152,135.

Position in the sector

-131.2%

Lower solvency than 95% of companies in warehousing and transport support. Sector median 42.8% · 1,322 companies.

2025 accounts filed 31 days after the deadlineTurnover not published (micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 678 companies had the same profile as FRADEMCO has now. Each dot stands for 2 companies, two years later.

84.5%
were still trading
6.2%
stopped another way
6.8%
went bankrupt
  • Small
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 2.5% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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 678 companies, not a prediction for FRADEMCO. 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.

Credit verdict

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

Signals

Board and ownership

Director
Director
Board & ownership

Recent changes

Change of role: , from manager to director Appointment: (director) · “Voor eigen rekening, voor rekening van derden of in deelneming met derden, prestaties te verrichten die…” (deed in Dutch) · Director discharge: (manager) · General meeting of 03-09-2024 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0880688338
First establishment Ekelbeke 146, Hamme (Vl.)
Incorporation published on 24-04-2006 · Gazette deed
All 25 events

Comparable companies

same main activity, similar in size and age
Company
FRADEMCO Hamme (Vl.) €0.5m -€17,097 -131.2% -
130R Leuven €0.6m -€20,301 68.6% -
dc SERV Mechelen €0.2m -€17,241 69.7% -
AVIATIONPLUS Machelen (Brab.) €1.8m -€16,670 60.3% 0
COEUS EUROPE Maldegem €0.6m €4,346 -6.0% -
ALFA AIRLINES SERVICES Vilvoorde €2.0m -€66,345 50.5% 2.2
WILLOCKX & WILLOCKX Aalst €0.4m €8,028 94.5% -

These companies have the same main activity as FRADEMCO: warehousing and support activities for transportation (NACE 52230). They are comparable in size and age: total assets between €205,000 and €2m, founded between 2002 and 2014.

Official details

Source: KBO
Status
Active since 12-04-2006Normal situation
Activity
Warehousing and support activities for transportationNACE 52230and 1 other
Establishment unit
2.153.353.3799220 Hamme (Vl.), since 05-05-2006
Financial year end
31 December
Peppol
Reachable since 24-11-2023
Company details

Annual accounts 2025

€498,400▲ 19.8%
Filing
Filed on 31-08-2026
Financials

Insights on FRADEMCO

FRADEMCO files the micro format. That format states no turnover. The gross margin fell from €82,899 in 2007 to -€17,097 in 2025.

The balance sheet grew most in 2008 through fixed assets.

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 FRADEMCO

What is the company number of FRADEMCO?
The company number of FRADEMCO is 0880.688.338. The VAT number is the same number with BE in front: BE 0880.688.338.
Where is FRADEMCO based?
The registered office is at Ekelbeke 146, 9220 Hamme (Vl.).Company details
What does FRADEMCO do?
According to the KBO register, the main activity is warehousing and support activities for transportation (NACE 52230).
What is the legal form of FRADEMCO?
FRADEMCO is a private limited company (BV).
When was FRADEMCO founded?
FRADEMCO was founded on 12-04-2006.
Is FRADEMCO still active?
Yes, FRADEMCO is an active enterprise in the KBO register.
What is the turnover of FRADEMCO?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is FRADEMCO profitable?
In financial year 2025, FRADEMCO made a loss of €61,869.
Where can I find the annual accounts of FRADEMCO?
FRADEMCO filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FRADEMCO due?
FRADEMCO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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