Result
-€13,355 -€13,355
From profit to loss in 2026, after a profit of €67,944 in 2025.
FRAGO
Lifetime
15 annual accounts with figures on one time axispeak €308,341 (2018)
€107,809▼ 53.6%
lowest -€13,355 (2026)
-€13,355▼ €81,298
peak €494,772 (2021)
€330,157▼ 3.9%
€317,132▼ 8.1%
peak 2 FTE (2017)
-not published
Board2 names since 2010
2 directors and 1 other
Documentsfilings and deeds
29-10-20262 days before the deadline
2026micro format
Gross margin from €232,211 to €107,809Loss of €13,355
Key points
from the 2026 annual accountsFilings
15 annual accounts since 2011
Two of the last ten came late. The 2023 accounts came latest: 37 days after the end of the period.
Position in the sector
-€13,355
Lower net result than 91% of companies in specialised construction. Sector median €11,671 · 1,242 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,920 companies had the same profile as FRAGO has now. Each dot stands for 18 companies, two years later.
90.7%
were still trading
8.0%
stopped another way
1.1%
went bankrupt
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.
| 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 6,920 companies, not a prediction for FRAGO. 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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Signals
Recent changes
2 directors appointed, 2 resignations
Resignations: and · Appointments: (director) and (director) · Legal-form conversion: to private limited company · General meeting of 28-12-2023 · Gazette deed
First establishment
, Rollebeekstraat 12, Wommelgem
Incorporation
published on 13-04-2010 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FRAGO Wommelgem | €647,289 | €107,809 | 51.0% | - |
| Metaalwerken Vempa Zoersel | €624,100 | €97,456 | 100.0% | - |
| DE BRUYN NICK Zoersel | €616,251 | €98,172 | 41.7% | - |
| Maroen Mechelen | €707,329 | €128,573 | 23.5% | - |
| Xilia hout Antwerp | €737,773 | €94,797 | 34.5% | - |
| Vernibo Sint-Katelijne-Waver | €696,980 | €100,313 | 20.2% | - |
| KERA Ramen en Deuren Lier | €685,435 | €134,501 | 27.5% | 2 |
These companies have the same main activity as FRAGO: joinery installation (NACE 43320). They are comparable in size and age: total assets between €616,000 and €738,000, founded between 2010 and 2012.
Official details
Source: KBO- Status
- Active since 29-03-2010Normal situation
- Activity
- Joinery installationNACE 43320and 1 other
- Establishment unit
- 2.189.274.6572160 Wommelgem, since 31-03-2010
- Financial year end
- 31 March
- Peppol
- Reachable
Annual accounts to 31-03-2026
- ≈ €400,000estimated
- €647,289▼ 6.0%
- Employeeson 31-03-2026
- 1=
- Filing
- Filed on 29-10-2026, 2 days before the end of the filing period
Insights on FRAGO
FRAGO files the micro format. That format states no turnover. The gross margin fell from €158,213 in 2011 to €107,809 in 2026.
The balance sheet grew most from 2012 to 2014 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 FRAGO
- What is the company number of FRAGO?
- The company number of FRAGO is 0824.512.371. The VAT number is the same number with BE in front: BE 0824.512.371.
- Where is FRAGO based?
- The registered office is at Rollebeekstraat 12, 2160 Wommelgem.Company details
- What does FRAGO do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of FRAGO?
- FRAGO is a private limited company (BV).
- When was FRAGO founded?
- FRAGO was founded on 29-03-2010.
- Is FRAGO still active?
- Yes, FRAGO is an active enterprise in the KBO register.
- How many employees does FRAGO have?
- FRAGO had an average of 1 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
- What is the turnover of FRAGO?
- The turnover in financial year 2026 is ≈ €400,000. This figure is estimated from the gross margin of €107,809 and 36 comparable companies (NACE 43320). It probably lies between €290,000 and €550,000.
- Is FRAGO profitable?
- In financial year 2026, FRAGO made a loss of €13,355.
- Where can I find the annual accounts of FRAGO?
- FRAGO filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of FRAGO due?
- FRAGO must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
Next steps
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