Higher net result than 89% of companies in head offices and management consultancy. Sector median €26,442 · 41,246 companies.
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
XXVisible after signing in
HiddenVisible after signing in
Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
XXVisible after signing in
Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
XXVisible after signing in
XXVisible after signing in
XXVisible after signing in
Score breakdown
Visible after signing inVisible after signing in
Comparable companies, two years later
In July 2024, 39,326 companies had the same profile as Fradvisory has now. Each dot stands for 99 companies, two years later.
95.7%
were still trading
2.4%
stopped another way
1.8%
went bankrupt
Micro
2 to 5 years old
solvency 30% or more
a profit of 5% of the balance sheet or more
Another 0.1% 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 39,326 companies, not a prediction for Fradvisory. 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
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
Visible after signing inVisible after signing in
Credit check for an amount and term of your choice
Amendment of the articles
General meeting of 22-09-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0803254327
First establishment
Vierbunderstraat 93, Buggenhout
Incorporation
Founding capital of €2,500, 1,000 shares · Founder: Name after signing inVisible after signing in · Appointment: Name hiddenVisible after signing in (director) · published on 29-06-2023 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as Fradvisory: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €331,000 and €409,000, founded in 2023.
Fradvisory has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €260,474 and a net result of €123,641.
Its solvency ranks better than 65% of 41,228 sector peers (NACE 70, financial year 2025).
micro format, filed on 30-07-2026, 1 day before the deadline
Abbreviated and micro format
Small companies may file abbreviated or micro-format accounts. They often leave out revenue and other detail. The law allows it, so it is not missing data.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €310,000. Estimated: probably between €260,000 and €360,000.
Balance sheet
balance sheet total €373,421 on 31-12-2025
What the company ownsHow it is paid for
in euro
in euro
Position in the sector
Sector peers
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
A company files its annual accounts with the National Bank no later than seven months after its financial year ends. Repeated late filing is a warning sign.
per financial year, computed from the annual accounts
Line
Trend
2025
2024
179,508
194,457
125,337
135,325
1,580
5,566
-747
-
256,016
132,258
69.8%
66.3%
3.27
2.90
0.43
0.51
47.5%
98.2%
33.1%
65.1%
93.22
49.95
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired
Investment
Investment is what the company bought in the financial year in buildings, machinery, software and other fixed assets. Above depreciation, it is building up. Years below it, it is living off what it has.
Item
2025
2024
Tangible fixed assets
€1,580
€5,566
€1,697
€991
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on Fradvisory
The operating result for 2025 is 8% lower than in 2024.
Debt's share of the balance-sheet total falls from 33.7% to 30.2%. Equity and debt are higher.
Board & ownership
Board
Directors
Many board changes in a short time are a reason to keep a close eye on the company.
1 director, since incorporation
Hidden nameVisible after signing in
Director
appointed by deed of 29-06-2023term without a fixed end
Each bar is one period in a role, from appointment to resignation or to today. An open left edge means the mandate began before its first mention. An open right edge means the mandate ended without a stated end date.
1 name, the dashed line is today
202320242025202620272028
Name after signing inVisible after signing in Director
Hidden nameVisible after signing in1,000 shares (100%) · €2,500
Network & group
No group
Fradvisory has no parent and no holdings in its annual accounts. Name after signing inVisible after signing in is the only director. Fradvisory shares no director with another company.
Timeline
Timeline
7 events since 2023
Filings
Financial
Establishments
Other
2023202420252026
Deadline for the 2026 accounts:
31-07-2027
2026
Amendment of the articlesGeneral meeting of 22-09-20261 point ▸
Annual accounts 2025 filedNBB ↗micro format · 1 day before the deadline
2025
Equity above €200,000equity €260,474 ▲90.4% With a profit in every financial year since 2024, equity grows to €260,474.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0803254327
Annual accounts 2024 filedPDFmicro format · 30 days before the deadline
2023
First establishment Vierbunderstraat 93, Buggenhout
IncorporationFounding capital of €2,500, 1,000 shares · Founder: Hidden nameVisible after signing in · Appointment: Name after signing inVisible after signing in (director) · published on 29-06-20235 points ▸
Founder, Name hiddenVisible after signing in
Founding capital, €2,500, 1,000 shares
Hidden nameVisible after signing in holds all the shares
Each sentence rests on a document from the KBO register, the Belgian Official Gazette or the National Bank. The number after the sentence opens that document.
On 27 June 2023, Fradvisory was incorporated as a private limited company by one natural person, with a starting capital of €2,500.12Name hiddenVisible after signing in is director of the company, appointed by deed of 29-06-2023.2The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Reachable since 22-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
Fradvisory in Dutch
Entity type
Legal entity
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
PurposeThe purpose describes the activities the company may carry out under its articles.
“Verlenen van bijstand,onderzoek,uitvoering en advies inzake management,boekhouding,rapportering,financieel…”
18 activities
Verlenen van bijstand,onderzoek,uitvoering en advies inzake management,boekhouding,rapportering,financieel beheer,bedrijfsvoering,informatica en rekrutering,opleiding en selectie van personeel.
Het begeleiden van start-ups en bestaande vennootschappen door middel van advies en/of participatie,al dan niet beperkt in tijd.
Het verlenen van alle mogelijke diensten en producten inzake management,marketing,bedrijfsbeheer,informatica,administratie en personeelsbeheer.
Het realiseren van projecten inclusief haalbaarheidsstudies,projectbeheer-en planning,modellering,analyse en ontwerp,implementatie,integratie,test,training en onderhoud.
Het distribueren van kennis inzake management,marketing,bedrijfsbeheer,informatica,administratie en personeelsbeheer onder eender welke vorm (voordrachten,conferenties,trainingsprogramma’s,online,…).
Het organiseren van cursussen,seminaries of elke andere vorm van opleiding of training inzake management,marketing,bedrijfsbeheer,informatica,administratie en personeelsbeheer.
Het uitvoeren van interim management en het opnemen van bestuursmandaten in andere ondernemingen.
Holdingactiviteiten:Beleggen,intekenen op,overnemen,plaatsen,kopen,verkopen en verhandelen van aandelen,deelbewijzen,obligaties,warrants,certificaten,schuldvorderingen,gelden en andere roerende waarden uitgegeven door een Belgische of buitenlands ondernemingen al dan niet onder de vorm van handelsvennootschappen,administratiekantoren,instellingen en verenigingen
Het ontwikkelen,geven en commercialiseren van opleidingen en workshops;
Zowel in België als in het buitenland,onder eender welke vorm,participaties te verwerven en aan te houden;
Haar patrimonium,bestaande uit onroerende en roerende goederen of rechten,te behouden,in de ruimste zin van het woord te beheren en oordeelkundig uit te breiden;het aankopen,verkopen,opschikken,uitrusten,valoriseren,bouwen,verhuren,onderverhuren of in huur nemen van onroerende goederen,al dan niet gemeubeld;
De aankoop,verhuur,onderhoud en verkoop van alle roerende goederen in groot-en kleinhandel,desgevallend ten behoeve van eigen handelsverrichtingen of voor handelsverrichtingen van derden-zoals alle soorten materieel,gereedschappen,machines,installaties en computers,soft-en hardware;
Het aanvragen,verwerven,verhandelen en exploiteren van licenties,octrooien,merken en dergelijke;
De organisatie van de administratieve diensten van ondernemingen,evenals het adviseren over de administratieve organisatie van ondernemingen;
Het begeleiden van kleine,middelgrote en grote ondernemingen in de meest ruime zin;
De vennootschap mag haar voorwerp verwezenlijken op alle plaatsen en in alle landen,op alle manieren en op de wijze die haar het meest aangewezen lijkt.De vennootschap handelt voor eigen rekening,in consignatie,in commissie,als tussenpersoon of als vertegenwoordiger.
De vennootschap mag het bestuur waarnemen van andere rechtspersonen,en mag alle leningen,ongeacht hun vorm en duur,toestaan aan derden en kan alle soorten waarborgen,zowel zakelijke als persoonlijke,verstrekken voor verbintenissen van derden,zich voor derden borg stellen door haar goederen in hypotheek of in pand te geven.
Zij mag bij wijze van inbreng,overdracht,fusie of op enige andere wijze een belang verwerven in alle bestaande of op te richten rechtspersonen waarvan het voorwerp identiek,gelijkaardig of verwant is met het hare,of waarvan het voorwerp van aard is om op enige manier de verwezenlijking van haar eigen voorwerp te bevorderen.