FRAEYMAN
ActiveFRAEYMAN has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €135k and a net result of €49k. Equity is growing by ~11.1% per year across the filed fiscal years. Its solvency ranks better than 39% of 27451 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▲+6
Solvency62▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 1.71 against 1.8 in 2024; short-term debt: 20.1% and cash: 10.9% of total assets), but 63% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
37%
Return on assets
13.5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
49 d early
2024
48 d early
2023
40 d early
2022
38 d early
2021
44 d early
2020
29 d early
2019
on the day
← 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€135k▲ 3.0%
2024 · €131k
2018: €65k
2019: €73k
2020: €81k
2021: €88k
2022: €101k
2023: €105k
2024: €131k
2018 → 2025
Total assets
€365k▲ 0.9%
2024 · €362k
2018: €88k
2019: €102k
2020: €221k
2021: €296k
2022: €301k
2023: €278k
2024: €362k
2018 → 2025
Net result
€49k▲ 57.9%
2024 · €31k
2018: €4k
2019: €7k
2020: €8k
2021: €30k
2022: €13k
2023: €35k
2024: €31k
2018 → 2025
Working capital
€52k▲ 2.7%
2024 · €51k
2018: €43k
2019: €56k
2020: €77k
2021: €32k
2022: €49k
2023: €50k
2024: €51k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€88k-€101k▲ 14.6%€105k▲ 3.1%€131k▲ 25.6%€135k▲ 3.0%
Operating result€37k-€22k▼ 40.3%€53k▲ 143%€46k▼ 12.6%€74k▲ 58.6%
Net result€30k-€13k▼ 57.0%€35k▲ 174%€31k▼ 11.7%€49k▲ 57.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 59% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €365k
Fixed assets
€240k▼ 3.2%
Current assets
€126k▲ 9.8%
Equity and liabilities €365k
Equity
€135k▲ 3.0%
Debt
€230k▼ 0.2%
The debt ratio falls from 63.7% to 63.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€109k▲
2024 · €68k
Cash flow
€85k▲
2024 · €53k
Solvency
37.0%▲
2024 · 36.3%
Current ratio
1.71▼
2024 · 1.80
Quick ratio
0.88▼
2024 · 1.10
Debt / equity
1.70▼
2024 · 1.75
ROE
36.5%▲
2024 · 23.8%
ROA
13.5%▲
2024 · 8.6%
Interest coverage
18.62▲
2024 · 15.43
Debt
€230k▼
2024 · €230k
Debt ≤ 1 year
€73k▲
2024 · €64k
Debt > 1 year
€157k▼
2024 · €167k
Income taxes
€18k▲
2024 · €11k
Staff costs
€205k▲
2024 · €171k
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€362k€365k▲
Fixed assets21/28€247k€240k▼
Tangible fixed assets22/27€247k€239k▼
Land and buildings22€165k€153k▼
Plant, machinery and equipment23€10k€10k▼
Furniture and vehicles24€6k€5k▼
Leasing and similar rights25€66k€72k▲
Financial fixed assets28€90€90=
Current assets29/58€114k€126k▲
Stocks and contracts in progress3€45k€61k▲
Stocks30/36€45k€54k▲
Contracts in progress37-€7k
Amounts receivable within one year40/41€15k€19k▲
Trade receivables40€8k€19k▲
Other amounts receivable41€7k-
Cash at bank and in hand54/58€51k€40k▼
Deferred charges and accrued income490/1€4k€6k▲
Equity and liabilities
Total equity and liabilities10/49€362k€365k▲
Equity10/15€131k€135k▲
Contributions10/11€4k€4k=
Reserves13€127k€131k▲
Distributable reserves133€127k€131k▲
Amounts payable17/49€230k€230k▼
Amounts payable after more than one year17€167k€157k▼
Financial debts170/4€167k€157k▼
Amounts payable within one year42/48€64k€73k▲
Current portion of amounts payable after more than one year42€24k€30k▲
Trade debts44€21k€25k▲
Suppliers440/4€21k€25k▲
Taxes, remuneration and social security45€15k€15k▼
Taxes450/3€70€7k▲
Remuneration and social security454/9€15k€8k▼
Other amounts payable47/48€4k€4k▲
Income statement
Code20242025
Remuneration, social security and pensions62€171k€205k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€36k▲
Other operating charges640/8€3k€3k▼
Gross operating margin9900€242k€317k▲
Operating profit (loss)9901€46k€74k▲
Financial income75/76B€3€27▲
Recurring financial income75€3€27▲
Financial charges65/66B€4k€6k▲
Recurring financial charges65€4k€6k▲
Profit (loss) for the period before taxes9903€42k€68k▲
Income taxes67/77€11k€18k▲
Profit (loss) for the period9904€31k€49k▲
Profit (loss) for the period to be appropriated9905€31k€49k▲
Appropriation of the result
Profit (loss) to be appropriated9906€31k€49k▲
Transfer from equity791/2€4k€45k▲
Transfer to equity691/2€31k€49k▲
To other reserves6921€31k€49k▲
Profit to be distributed694/7€4k€45k▲
Return on contributions (dividend)694€4k€45k▲
The notes to these accounts (9 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
12-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €49k ▲57.9%
Operating result €74k, net result €49k, both a record.
13-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €101k ▲14.6%
5 profitable years in a row build equity to €101k.
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
12-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
13-06
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
2 acts for this company are 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, Leuven · 1 establishment unit since 2001
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.
Platte Lostraat 5253010 LeuvenGround area
805 m²
Building footprint
132 m²
Volume, LiDAR
933 m³
Parcel 24483D0004/00M002, Flanders · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Bart Fraeyman
since 20012.097.884.326
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24483D0004/00M002 | Flanders | 805 m² | 1 · 132 m² | 10.9 m · 3 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 2023 · 2 entries · 121 EUR awarded · 121 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 68 EUR | 68 EUR |
| 2022 | 1 | 53 EUR | 53 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 15,542 companies in sector 43990 we hold annual accounts for 7,421. 6,130 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-02-2001
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
45250
41001General construction of residential buildings
45211
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:bart@fraeyman.be
Phone:0497474419