FRAIDILUX
ActiveSummary
FRAIDILUX has been active since 1982 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.7m and a net result of €276,139. Equity has been growing by about 14% per year since 2018. Its solvency ranks better than 76% of 6,172 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 01-09-1982 Normal situation
- Activity
- Wholesale trade NACE 46331and 1 other
- Establishment unit
- 2.020.978.271 5000 Namur, since 15-10-1982
- Financial year end
- 31 December
- Peppol
- Reachable since 11-12-2025
Board and ownership
- IMMO DU FRAISDirector · until 2024
- LABBÉ Anne-Catherine Justine Marie-RoseDirector · until 2024
- LABBÉ Jean-Charles François PhilippeDirector · until 2024
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €638,717
- ▼ 5.8%
- Turnover
- ≈ €3.9m
- estimated
- Profit
- €276,139
- ▼ 16.6%
- Equity
- €1.7m
- ▲ 13.4%
- Total assets
- €2.4m
- ▲ 7.4%
- Staff
- ≈ 4.4 FTE
- estimated
Score breakdownlowers riskLiquidity: current ratio 3.22, cash €1.4mFounded in 1982Size: total assets €2.4mEquity €1.7m (69.6% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, small). It does better than 79% of them on solvency, 95% on liquidity, 86% on profitability and 74% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 50 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, full format
Annual accounts 2025 filed on 13-04-2026 PDF all 41 filings
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is 21% lower than in 2024. It is the second fall in a row.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
- 2020 The accounts state 83,375.7 FTE. That amounts to under EUR 100 of staff costs per FTE. The figure is therefore left out.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €2,825 | €12,874 | €32,818 | €3,808 | €11,099 |
| Depreciation and write-downs of the year | €58,965 | €51,094 | €50,783 | €8,760 | €11,525 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as FRAIDILUX: wholesale trade (NACE 46331). They are comparable in size and age: total assets between €1.6m and €3.1m, founded between 1979 and 1991.
| Company | Founded | Total assets | Equity | Gross margin | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| FRAIDILUX Namur | 1982 | €2.4m | €1.7m | €0.6m | €0.3m | - | 2025 |
| HERCZL EN GOLD Antwerpen | 1987 | €2.1m | €2.0m | €0.5m | €0.1m | 5.3 | 2025 |
| HOOFT Maldegem | 1979 | €1.8m | €1.3m | €0.8m | €0.5m | 0 | 2025 |
| HET GOUDEN RUND Bree | 1982 | €1.6m | €0.6m | €0.4m | -€0.01m | 6.2 | 2025 |
| DE RUYTTER Middelkerke | 1991 | €2.2m | €1.5m | €0.8m | €0.1m | 8.8 | 2025 |
| BREUGELKAAS Lommel | 1989 | €2.5m | €1.0m | €1.0m | €0.2m | 0 | 2025 |
| SPAPENS Charleroi | 1986 | €3.1m | -€1.1m | €1.1m | -€0.9m | 25.3 | 2025 |
They were chosen from the 233 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 20,136 companies had the same profile as FRAIDILUX has now. Two years later, 0.2% had gone bankrupt and 95.0% were still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of FRAIDILUX itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,445 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 20,136 companies, not a prediction for FRAIDILUX. 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €1,500 | €1,703 | €6,557 | €15,141 | ▲ 131% |
| Remuneration, social security and pensions62 | - | - | - | €110,107 | €138,947 | €128,281 | €180,435 | €213,036 | ▲ 18.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €30,417 | €66,291 | €58,265 | €58,965 | €51,094 | €50,783 | €8,760 | €11,525 | ▲ 31.6% |
| Other operating charges640/8 | - | - | - | €10,914 | €868 | €90,960 | €18,174 | €43,599 | ▲ 140% |
| Gross operating margin9900 | €393,054 | €435,056 | €256,008 | €408,985 | €620,537 | €746,098 | €678,379 | €638,717 | ▼ 5.8% |
| Operating profit (loss)9901 | €234,129 | €157,502 | €113,499 | €229,000 | €429,629 | €476,075 | €471,009 | €370,557 | ▼ 21.3% |
| Financial income75/76B | - | - | - | - | - | €76 | €13,638 | €11,747 | ▼ 13.9% |
| Recurring financial income75 | - | - | €205 | - | - | €76 | €13,638 | €11,747 | ▼ 13.9% |
| Financial charges65/66B | - | - | - | €2,755 | €2,300 | €1,755 | €3,017 | €7,504 | ▲ 149% |
| Recurring financial charges65 | €7,137 | €2,551 | €2,456 | €2,755 | €2,300 | €1,755 | €3,017 | €7,504 | ▲ 149% |
| Profit (loss) for the period before taxes9903 | €226,992 | €154,951 | €111,248 | €226,245 | €427,329 | €474,396 | €481,630 | €374,800 | ▼ 22.2% |
| Income taxes67/77 | €81,121 | €46,696 | €34,223 | €74,477 | €132,275 | €149,029 | €150,663 | €98,661 | ▼ 34.5% |
| Profit (loss) for the period9904 | €145,871 | €108,255 | €77,026 | €151,768 | €295,054 | €325,367 | €330,967 | €276,139 | ▼ 16.6% |
| Profit (loss) for the period to be appropriated9905 | €145,871 | €108,255 | €77,026 | €151,768 | €295,054 | €325,367 | €330,967 | €276,139 | ▼ 16.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.5m | €1.7m | €1.4m | €1.7m | €2.1m | €2.1m | €2.3m | €2.4m | ▲ 7.4% |
| Fixed assets21/28 | €0.07m | €0.2m | €0.2m | €0.1m | €0.07m | €0.05m | €0.05m | €0.05m | ▼ 0.9% |
| Tangible fixed assets22/27 | €0.07m | €0.2m | €0.2m | €0.1m | €0.07m | €0.05m | €0.05m | €0.05m | ▼ 0.9% |
| Land and buildings22 | - | - | - | €0.02m | €0.01m | €0.01m | €0.01m | €0.008m | ▼ 20.0% |
| Plant, machinery and equipment23 | - | - | - | €0.005m | €0.01m | €0.03m | €0.03m | €0.03m | ▲ 11.6% |
| Furniture and vehicles24 | - | - | - | €0.08m | €0.04m | €0.003m | €0.005m | €0.004m | ▼ 18.9% |
| Leasing and similar rights25 | - | - | - | - | - | €0.003m | €0.002m | €0.001m | ▼ 55.4% |
| Other tangible fixed assets26 | - | - | - | €0.007m | €0.004m | - | - | - | - |
| Current assets29/58 | €1.4m | €1.5m | €1.3m | €1.6m | €2.0m | €2.0m | €2.2m | €2.4m | ▲ 7.5% |
| Stocks and contracts in progress3 | €0.2m | €0.2m | €0.2m | €0.2m | €0.3m | €0.2m | €0.2m | €0.2m | ▼ 4.9% |
| Stocks30/36 | - | - | - | €0.2m | €0.3m | €0.2m | €0.2m | €0.2m | ▼ 4.9% |
| Amounts receivable within one year40/41 | €0.8m | €0.7m | €0.5m | €0.5m | €0.8m | €0.8m | €0.8m | €0.8m | ▼ 1.6% |
| Trade receivables40 | - | - | - | €0.5m | €0.8m | €0.7m | €0.7m | €0.7m | ▲ 2.8% |
| Other amounts receivable41 | - | - | - | €0.01m | €0.01m | €0.07m | €0.09m | €0.06m | ▼ 36.4% |
| Cash at bank and in hand54/58 | €0.5m | €0.6m | €0.6m | €0.8m | €0.9m | €1.0m | €1.2m | €1.4m | ▲ 16.2% |
| Deferred charges and accrued income490/1 | - | - | - | €0.007m | €0.007m | €0.007m | €0.006m | €0.007m | ▲ 12.4% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.5m | €1.7m | €1.4m | €1.7m | €2.1m | €2.1m | €2.3m | €2.4m | ▲ 7.4% |
| Equity10/15 | €0.8m | €0.9m | €0.8m | €0.9m | €1.1m | €1.3m | €1.5m | €1.7m | ▲ 13.4% |
| Contributions10/11 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Reserves13 | €0.6m | €0.7m | €0.7m | €0.7m | €1.0m | €1.1m | €1.4m | €1.6m | ▲ 14.7% |
| Non-distributable reserves130/1 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Reserves not available under the articles1311 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Tax-exempt reserves132 | - | - | - | €0.01m | €0.01m | - | - | - | - |
| Distributable reserves133 | - | - | - | €0.7m | €0.9m | €1.1m | €1.3m | €1.5m | ▲ 14.8% |
| Amounts payable17/49 | €0.7m | €0.9m | €0.7m | €0.8m | €1.0m | €0.8m | €0.8m | €0.7m | ▼ 4.2% |
| Amounts payable after more than one year17 | €0.008m | €0.1m | €0.1m | €0.06m | €0.02m | - | - | - | - |
| Financial debts170/4 | - | - | - | €0.06m | €0.02m | - | - | - | - |
| Amounts payable within one year42/48 | €0.7m | €0.7m | €0.6m | €0.7m | €1.0m | €0.8m | €0.8m | €0.7m | ▼ 4.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.04m | €0.04m | €0.02m | €38 | - | - |
| Trade debts44 | €0.5m | €0.6m | €0.3m | €0.5m | €0.7m | €0.6m | €0.6m | €0.6m | ▼ 2.0% |
| Suppliers440/4 | - | - | - | €0.5m | €0.7m | €0.6m | €0.6m | €0.6m | ▼ 2.0% |
| Taxes, remuneration and social security45 | - | - | - | €0.06m | €0.1m | €0.06m | €0.03m | €0.04m | ▲ 17.7% |
| Taxes450/3 | - | - | - | €0.05m | €0.08m | €0.04m | €0.005m | €0.004m | ▼ 28.8% |
| Remuneration and social security454/9 | - | - | - | €0.02m | €0.02m | €0.02m | €0.03m | €0.03m | ▲ 26.8% |
| Other amounts payable47/48 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.08m | ▼ 24.0% |
| Accrued charges and deferred income492/3 | - | - | - | €0.03m | - | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €145,871 | €108,255 | €77,026 | €151,768 | €295,054 | €325,367 | €330,967 | €276,139 | ▼ 16.6% |
| + Depreciation and write-downs630 | €30,417 | €66,291 | €58,265 | €58,965 | €51,094 | €50,783 | €8,760 | €11,525 | ▲ 31.6% |
| Operating cash flow (approximation) | €176,288 | €174,546 | €135,291 | €210,733 | €346,148 | €376,150 | €339,727 | €287,664 | ▼ 15.3% |
| Investment in fixed assets (approximation) | - | -€217,458 | -€4,559 | -€2,825 | -€12,874 | -€32,818 | -€3,808 | -€11,099 | ▼ 191% |
| Change in cash | - | €83,401 | €69,983 | €163,917 | €46,638 | €174,800 | €149,495 | €190,363 | ▲ 27.3% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 41 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 13-04-2026 | 2026-00077769 | |
| 31-12-2024 | full format | 01-04-2025 | 2025-00060023 | |
| 31-12-2023 | full format | 27-06-2024 | 2024-00170138 | |
| 31-12-2022 | full format | 04-04-2023 | 2023-00053027 | |
| 31-12-2021 | full format | 30-08-2022 | 2022-20345321 | |
| 31-12-2020 | full format | 30-08-2021 | 2021-56100487 | |
| 31-12-2019 | full format | 30-06-2020 | 2020-22400346 | |
| 31-12-2018 | full format | 25-07-2019 | 2019-37200287 | |
| 31-12-2017 | full format | 29-08-2018 | 2018-51600096 | |
| 31-12-2016 | full format | 18-07-2017 | 2017-31900373 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 01-02-2024 Capital stated in the deed · €136,985 · 140 shares
Mandate history
- Board
- Day-to-day management
| Name | Functions and periods |
|---|---|
| IMMO DU FRAIS |
|
| LABBÉ Anne-Catherine Justine Marie-Rose |
|
| LABBÉ Jean-Charles François Philippe |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Six ans au plus, composition du conseil d'administration”“Présidence du conseil d'administration, le conseil d'administration élit parmi ses membres un président”“Décisions du conseil d'administration, les décisions sont prises à la majorité des voix”“Copies et extraits des procès-verbaux, signés par le président ou par au moins deux administrateurs ou par le président ou par l'(un des)…”
- Records ruleThis rule says which registers the company keeps, such as the share register, and how.
- “Liste de présences, Ceux qui ont participé à l'assemblée générale ou qui y étaient représentés peuvent consulter la liste des présences”
Articles of association, deed of 01-02-2024 (in French)
Network & group
Companies at the same address
2 other companiesConnections & network
1 connected companyThe connected companies are in the list below.
Timeline
Acts, filings and financial milestones
01-02
Gazette deed
Resignations: LABBÉ Anne-Catherine Justine Marie-Rose, LABBÉ Jean-Charles François Philippe and IMMO DU FRAISAppointments: LABBÉ Anne-Catherine Justine Marie-Rose, LABBÉ Jean-Charles François Philippe and IMMO DU FRAIS · Amendment of the articles · Capital17 points ▸
- General meeting, 18-12-2023
- Amendment of the articles, mentioned 2 times in the deed
- Capital, €136,985
- Director resignation, LABBÉ Anne-Catherine Justine Marie-Rose (director)
- Director appointment, LABBÉ Anne-Catherine Justine Marie-Rose (director (not named in the articles))
- Director resignation, LABBÉ Jean-Charles François Philippe (director)
- Director appointment, LABBÉ Jean-Charles François Philippe (director (not named in the articles))
- Director resignation, IMMO DU FRAIS (director)
- Director appointment, IMMO DU FRAIS (director (not named in the articles))
- Director resignation, LABBÉ Jean-Charles François Philippe (managing director)
- Director appointment, LABBÉ Jean-Charles François Philippe (managing director)
- Director discharge, LABBÉ Anne-Catherine Justine Marie-Rose
- The act holds 5 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
9 activities
- Toutes opérations se rattachant directement ou indirectement à l’achat, la vente en gros et au détail de produits laitiers, de tous produits de la ferme, tous les dérivés du lait, œufs, confitures, miel, biscuits sucrés ou sablés, apéritifs et tous produits d’alimentation
- Le négoce de bières et vins et leurs dérivés
- Toutes opérations commerciales, industrielles, immobilières, mobilières ou financières, qui directement ou indirectement sont liées ou apparentées à son objet ou qui peuvent en faciliter la réalisation
- S’intéresser par toutes voies, dans toutes affaires, entreprises ou sociétés ayant un objet identique, analogue ou connexe ou qui soit de nature à favoriser le développement de son entreprise, à lui procurer des marchandises ou à faciliter l’écoulement de ses produits, et même fusionner avec elles
- Toutes opérations susceptibles de contribuer à la réalisation de son objet
- Réaliser son objet en Belgique et à l’étranger, de toutes les manières qu’elle jugera les mieux appropriées
- Accomplir tous les actes et opérations, commerciales, industrielles, financières, mobilières ou immobilières, ayant un rapport direct ou indirect avec son objet ou qui seraient de nature à faciliter directement ou indirectement, entièrement ou partiellement, la réalisation de cet objet
- Exercer les fonctions de gérant, d’administrateur ou liquidateur dans d’autres sociétés
- Se porter garant ou fournir des sûretés réelles pour des sociétés ou des personnes privées, au sens le plus large
Invoicing and payment
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Food safety, FASFC
1 siteLegal Entity Identifier
Sites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 92302E0322/00R004 | Wallonia | 1,037 m² | 1 · 109 m² | 9.3 m · 3 |