FraDeSch
ActiveFraDeSch has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6k and a net result of €-1k. Its solvency ranks better than 26% of 7740 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
47
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability36▼-55
Solvency45▲+2
Growth32
Track record82
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
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
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
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
19.5%
Return on assets
-4.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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 · 2 filingsDeviation from the deadline
2025
30 d late
2024
31 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€6k▼ 27.0%
2024 · €8k
2024: €8k
2024 → 2025
Total assets
€30k▼ 32.9%
2024 · €44k
2024: €44k
2024 → 2025
Net result
€-1k
2024 · €8k
2024: €8k
2024 → 2025
Working capital
€-5k▼ 36.5%
2024 · €-4k
2024: €-4k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€8k-€6k▼ 27.0%
Operating result€12k-€1k▼ 91.6%
Net result€8k-€-1k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 92% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €30k
Fixed assets
€11k▼ 5.6%
Current assets
€18k▼ 43.0%
Equity and liabilities €30k
Equity
€6k▼ 27.0%
Debt
€24k▼ 34.2%
The debt ratio falls from 82.1% to 80.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€3k▼
2024 · €15k
Cash flow
€570▼
2024 · €10k
Solvency
19.5%▲
2024 · 17.9%
Current ratio
0.77▼
2024 · 0.89
Quick ratio
0.49▼
2024 · 0.70
Debt / equity
4.13▼
2024 · 4.58
ROE
-22.5%▼
2024 · 97.9%
ROA
-4.4%▼
2024 · 17.5%
Interest coverage
2.69▼
2024 · 11.77
Debt
€24k▼
2024 · €36k
Debt ≤ 1 year
€24k▼
2024 · €36k
Income taxes
€1k▼
2024 · €3k
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€44k€30k▼
Fixed assets21/28€12k€11k▼
Tangible fixed assets22/27€12k€11k▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€8k€8k▼
Other tangible fixed assets26€2k€2k▼
Current assets29/58€32k€18k▼
Stocks and contracts in progress3€7k€7k=
Stocks30/36€7k€7k=
Amounts receivable within one year40/41€11k€6k▼
Trade receivables40€11k€6k▼
Cash at bank and in hand54/58€14k€4k▼
Deferred charges and accrued income490/1€29€1k▲
Equity and liabilities
Total equity and liabilities10/49€44k€30k▼
Equity10/15€8k€6k▼
Contributions10/11€1k€1k=
Reserves13€7k€5k▼
Distributable reserves133€7k€5k▼
Amounts payable17/49€36k€24k▼
Amounts payable within one year42/48€36k€24k▼
Trade debts44€20k€5k▼
Suppliers440/4€20k€5k▼
Taxes, remuneration and social security45€15k€16k▲
Taxes450/3€15k€16k▲
Other amounts payable47/48€886€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€1k€752▼
Gross operating margin9900€16k€4k▼
Operating profit (loss)9901€12k€1k▼
Financial income75/76B€0€2▲
Recurring financial income75€0€2▲
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€11k€-41▼
Income taxes67/77€3k€1k▼
Profit (loss) for the period9904€8k€-1k▼
Profit (loss) for the period to be appropriated9905€8k€-1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€8k€-1k▼
Transfer from equity791/2-€2k
Transfer to equity691/2€7k-
To other reserves6921€7k-
Profit to be distributed694/7€833€833=
Return on contributions (dividend)694€833€833=
The notes to these accounts (5 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
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Kortrijk · 1 establishment unit since 2024
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.
Hendrik Beyaertstraat(Kor) 68500 KortrijkGround area
445 m²
Building footprint
267 m²
Volume, LiDAR
2,430 m³
Parcel 34022E0360/00B017, Flanders · tallest building 18.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
FraDeSch
since 20242.356.344.883
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34022E0360/00B017 | Flanders | 445 m² | 1 · 267 m² | 18.9 m · 4 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.
Similar companies · same sector, comparable size
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BE 0753.622.989
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BE 0711.986.928
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FL CONCEPT
BE 1005.340.464
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TREMA 2010
BE 0830.625.450
Sint-Lambrechts-Woluwe · Eq €6k
SMH PROJECTS
BE 0797.319.214
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Of 11,225 companies in sector 82100 we hold annual accounts for 3,511. 1,425 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-02-2024
Fiscal year end31-12
Activities, NACEBEL
82100Office administrative and support services
82110Office administrative, office support and other business support activities
18130Pre-press and pre-media services
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.