FRAICO
ActiveFRAICO has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €152k and a net result of €40k. Equity is growing by ~55.1% per year across the filed fiscal years. Its solvency ranks better than 58% of 1275 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency32▲+19
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity short (current ratio 0.21 against 0.26 in 2024), and 71.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Sector 55
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
3 d early
2023
11 d early
2022
2 d late
2021
2 d late
2020
22 d early
2019
24 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close10-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€152k▲ 35.2%
2024 · €113k
2019: €-153k
2020: €-69k
2021: €-92k
2022: €-62k
2023: €23k
2024: €113k
2019 → 2025
Total assets
€540k▼ 8.9%
2024 · €593k
2019: €790k
2020: €764k
2021: €661k
2022: €680k
2023: €606k
2024: €593k
2019 → 2025
Net result
€40k▼ 56.0%
2024 · €90k
2019: €62k
2020: €84k
2021: €-23k
2022: €30k
2023: €85k
2024: €90k
2019 → 2025
Working capital
€-300k▲ 6.2%
2024 · €-320k
2019: €-520k
2020: €-447k
2021: €-470k
2022: €-435k
2023: €-364k
2024: €-320k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-92k-€-62k▲ 32.4%€23k€113k▲ 399%€152k▲ 35.2%
Operating result€-5k-€49k€103k▲ 113%€136k▲ 31.5%€78k▼ 42.6%
Net result€-23k-€30k€85k▲ 184%€90k▲ 6.1%€40k▼ 56.0%
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 43% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €540k
Fixed assets
€460k▼ 4.5%
Current assets
€81k▼ 28.0%
Equity and liabilities €540k
Equity
€152k▲ 35.2%
Debt
€388k▼ 19.3%
The debt ratio falls from 81.0% to 71.8%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€113k▼
2024 · €171k
Cash flow
€75k▼
2024 · €125k
Solvency
28.2%▲
2024 · 19.0%
Current ratio
0.21▼
2024 · 0.26
Quick ratio
0.20▼
2024 · 0.25
Debt / equity
2.55▼
2024 · 4.27
ROE
26.0%▼
2024 · 80.0%
ROA
7.3%▼
2024 · 15.2%
Interest coverage
6.39▼
2024 · 10.16
Debt
€388k▼
2024 · €481k
Debt ≤ 1 year
€381k▼
2024 · €432k
Debt > 1 year
€0▼
2024 · €34k
Income taxes
€21k▼
2024 · €29k
Staff costs
€239k▼
2024 · €249k
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€593k€540k▼
Fixed assets21/28€481k€460k▼
Tangible fixed assets22/27€479k€458k▼
Land and buildings22€433k€406k▼
Plant, machinery and equipment23€46k€52k▲
Financial fixed assets28€2k€2k=
Current assets29/58€112k€81k▼
Stocks and contracts in progress3€4k€5k▲
Stocks30/36€4k€5k▲
Amounts receivable within one year40/41€18k€26k▲
Trade receivables40€15k€24k▲
Other amounts receivable41€2k€2k▼
Cash at bank and in hand54/58€87k€45k▼
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€593k€540k▼
Equity10/15€113k€152k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13-€37k
Distributable reserves133-€37k
Profit (loss) carried forward14€51k€53k▲
Amounts payable17/49€481k€388k▼
Amounts payable after more than one year17€34k€0▼
Financial debts170/4€34k€0▼
Amounts payable within one year42/48€432k€381k▼
Current portion of amounts payable after more than one year42€50k€47k▼
Trade debts44€13k€25k▲
Suppliers440/4€13k€25k▲
Taxes, remuneration and social security45€49k€28k▼
Taxes450/3€29k€6k▼
Remuneration and social security454/9€20k€22k▲
Other amounts payable47/48€319k€281k▼
Accrued charges and deferred income492/3€15k€8k▼
Income statement
Code20242025
Remuneration, social security and pensions62€249k€239k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35k€35k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€474€-474▼
Other operating charges640/8€10k€10k▼
Gross operating margin9900€430k€361k▼
Operating profit (loss)9901€136k€78k▼
Financial income75/76B€164€366▲
Recurring financial income75€164€366▲
Financial charges65/66B€17k€18k▲
Recurring financial charges65€17k€18k▲
Profit (loss) for the period before taxes9903€119k€61k▼
Income taxes67/77€29k€21k▼
Profit (loss) for the period9904€90k€40k▼
Profit (loss) for the period to be appropriated9905€90k€40k▼
Appropriation of the result
Profit (loss) to be appropriated9906€51k€90k▲
Profit (loss) brought forward from the previous period14P€-39k€51k▲
Transfer to equity691/2-€37k
To other reserves6921-€37k
The notes to these accounts (14 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
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Equity above €150kEq €152k ▲35.2%
4 profitable years in a row build equity to €152k.
2024
28-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Highest result since 2019net €90k ▲6.1%
Operating result €136k, net result €90k, both a record.
31-03
Financial
Equity above €100kEq €113k ▲399%
3 profitable years in a row build equity to €113k.
2023
20-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
02-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
31-03
Financial
Back to profitnet €30k
Net result €30k after one loss-making year.
2021
02-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
31-03
Financial
Weakest financial yearnet €-23k ▼128%
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
2020
09-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
23-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
02-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
29-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2025
Marie-Pierre FRAIKIN
CurrentManaging director · since 29-09-2013
30-09-2025
Appointed as Managing director
13-09-2019
Appointed as Managing director
29-09-2013
Appointed as Managing director
29-09-2013
Appointed as Director
Location & real-estate footprint
Registered office, Huy · 1 establishment unit since 1994
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.
Quai de Compiègne 474500 HuyGround area
1,908 m²
Building footprint
421 m²
Parcel 61322A0152/00T000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Quai de Compiègne 47, 4500 Huy
since 19942.068.557.464
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61322A0152/00T000 | Wallonia | 1,908 m² | 1 · 421 m² | - |
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.
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BE 0449.622.219
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NICE STAY
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Edville Home
BE 0442.024.644
Merelbeke-Melle · Eq €151k
MEDISSEY
BE 0866.425.477
Profondeville · Eq €150k
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BE 0758.461.311
Hooglede · Eq €150k
Of 2,383 companies in sector 55100 we hold annual accounts for 1,505. 1,092 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded23-09-1994
Fiscal year end31-03
Activities, NACEBEL
55100Hotels and similar accommodation
55102
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 09-09-2026. Scores and ratios are computed by Checked and are not a credit decision.