Fraktion
ActiveThe file of Fraktion contains 2 historical bankruptcy publications, as published in the Belgian State Gazette.
Summary
The computed 12-month bankruptcy probability is 0.5% (low). The 2025 annual accounts show equity of €87,801 and a net result of -€7,747. Equity is shrinking by ~17.4% per year across the filed fiscal years. Its solvency ranks better than 38% of 17601 sector peers (fiscal year 2025).
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Signals
This company filed its last 4 accounts on average 61 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
History
Fraktion was incorporated on 28 January 2022 as a Private limited company.1 The registered office was moved to Oversijse in 2026.2 Since 2026, PPR has served as director of the company.2 Total assets fell from EUR 337,993 in 2022 to EUR 194,254 in 2025.3 On 14 April 2026 the company was declared bankrupt.4
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Financials · fiscal year 2025, micro schema
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 2,146 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 92% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a small loss
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,146 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €410 | €970 | €1,560 | €1,686 | ▲ 8.0% |
| Other operating charges640/8 | €251 | €1,135 | €490 | €400 | ▼ 18.4% |
| Gross operating margin9900 | €220,126 | €100,062 | -€68,764 | -€1,576 | ▲ 97.7% |
| Operating profit (loss)9901 | €219,465 | €97,958 | -€70,814 | -€3,661 | ▲ 94.8% |
| Financial income75/76B | €1,355 | €2 | €0 | €412 | ▲ 205,710% |
| Recurring financial income75 | €1,355 | €2 | €0 | €412 | ▲ 205,710% |
| Financial charges65/66B | €2,754 | €3,523 | €3,532 | €4,209 | ▲ 19.1% |
| Recurring financial charges65 | €2,754 | €3,523 | €3,532 | €4,209 | ▲ 19.1% |
| Profit (loss) for the period before taxes9903 | €218,065 | €94,436 | -€74,347 | -€7,458 | ▲ 90.0% |
| Income taxes67/77 | €42,907 | €8,192 | €2,508 | €289 | ▼ 88.5% |
| Profit (loss) for the period9904 | €175,159 | €86,244 | -€76,855 | -€7,747 | ▲ 89.9% |
| Profit (loss) for the period to be appropriated9905 | €175,159 | €86,244 | -€76,855 | -€7,747 | ▲ 89.9% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €337,993 | €531,888 | €308,855 | €194,254 | ▼ 37.1% |
| Fixed assets21/28 | €4,249 | €5,251 | €6,516 | €4,830 | ▼ 25.9% |
| Tangible fixed assets22/27 | €4,209 | €5,211 | €6,476 | €4,790 | ▼ 26.0% |
| Plant, machinery and equipment23 | €640 | €492 | €343 | €195 | ▼ 43.1% |
| Furniture and vehicles24 | €3,569 | €4,720 | €4,291 | €2,951 | ▼ 31.2% |
| Other tangible fixed assets26 | - | - | €1,841 | €1,643 | ▼ 10.7% |
| Financial fixed assets28 | €40 | €40 | €40 | €40 | = |
| Current assets29/58 | €333,745 | €526,637 | €302,339 | €189,424 | ▼ 37.3% |
| Amounts receivable after more than one year29 | €115,982 | €0 | - | - | - |
| Other amounts receivable291 | €115,982 | €0 | - | - | - |
| Amounts receivable within one year40/41 | €29,104 | €477,034 | €291,182 | €188,080 | ▼ 35.4% |
| Trade receivables40 | €28,871 | €99,708 | €31,000 | €80,039 | ▲ 158% |
| Other amounts receivable41 | €233 | €377,326 | €260,182 | €108,041 | ▼ 58.5% |
| Cash at bank and in hand54/58 | €184,705 | €49,603 | €10,924 | €1,344 | ▼ 87.7% |
| Deferred charges and accrued income490/1 | €3,953 | €0 | €233 | €0 | ▼ 100% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €337,993 | €531,888 | €308,855 | €194,254 | ▼ 37.1% |
| Equity10/15 | €146,159 | €172,403 | €95,548 | €87,801 | ▼ 8.1% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Profit (loss) carried forward14 | €145,159 | €171,403 | €94,548 | €86,801 | ▼ 8.2% |
| Amounts payable17/49 | €191,835 | €359,485 | €213,306 | €106,453 | ▼ 50.1% |
| Amounts payable within one year42/48 | €190,085 | €357,735 | €211,556 | €103,024 | ▼ 51.3% |
| Trade debts44 | €89,408 | €221,406 | €196,236 | €99,655 | ▼ 49.2% |
| Suppliers440/4 | €89,408 | €221,406 | €196,236 | €99,655 | ▼ 49.2% |
| Taxes, remuneration and social security45 | €70,677 | €63,980 | €10,718 | €766 | ▼ 92.8% |
| Taxes450/3 | €70,677 | €63,980 | €10,718 | €766 | ▼ 92.8% |
| Other amounts payable47/48 | €30,000 | €72,350 | €4,603 | €2,603 | ▼ 43.5% |
| Accrued charges and deferred income492/3 | €1,750 | €1,750 | €1,750 | €3,428 | ▲ 95.9% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €175,159 | €86,244 | -€76,855 | -€7,747 | ▲ 89.9% |
| + Depreciation and write-downs630 | €410 | €970 | €1,560 | €1,686 | ▲ 8.0% |
| Operating cash flow (approximation) | €175,569 | €87,214 | -€75,295 | -€6,061 | ▲ 92.0% |
| Investment in fixed assets (approximation) | - | -€1,973 | -€2,825 | €0 | ▲ 100% |
| Change in cash | - | -€135,102 | -€38,679 | -€9,581 | ▲ 75.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
01-09
State Gazette act
Resignation: FraktionX BV (director)Appointment: PRR BV (director) · Permanent representative: Peter Van Lierde · Director discharge7 facts ▸
- General meeting, 15-07-2026
- Director resignation, FraktionX BV (director)
- Director discharge, FraktionX BV (director)
- Director appointment, PRR BV (director)
- Permanent representative, Peter Van Lierde (permanent representative)
- Registered-office move, Processiestraat 6 (bus 2.02), 3090 Oversijse
- Power of attorney, DE TERWANGNE & Co B.V.
06-07
State Gazette act
Resignation: Bensa ovv. Ben Peeters (director)Power of attorney3 facts ▸
- General meeting, 01-04-2025
- Director resignation, Bensa ovv. Ben Peeters (director)
- Power of attorney, DE TERWANGNE & Co B.V.
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 2 have been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
Board 2
Permanent representatives 1
Not every act has been read: a resignation may be missing here
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11023K0007/00Y026 | Flanders | 3,158 m² | 1 · 1,125 m² | 7.2 m · 2 fl. |
| 23546L0096/00P005 | Flanders | 596 m² | 1 · 596 m² | 2.9 m |
Linked by address, not proof of ownership
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| PPR |
|
| PRR BVfrom an act |
|
| FraktionX BV |
|
| Bensa ovv. Ben Peeters |
|
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | KRISTOF BENIJTS Bovenrij 76, 2200 Herentals |
14-04-2026 → 19-05-2026 |
| Curator | PHILIP SOMERS Bovenrij 76, 2200 Herentals |
14-04-2026 → 19-05-2026 |
Structure & network
Owners and holdings
1 ownerChain of control
- FraktionX
- Fraktion
Highest known parent: FraktionX. The sources do not say who stands above it.
Owners 1
- FraktionXparentSourceaccounts FraktionX 2024100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
1 current directorThe group is listed under Ownership & control below; here you explore it as a network.
Recognitions · licences · registrations
Legal Entity Identifier
Similar companies · same sector, comparable size
Company details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.