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FRALCO

Active Public limited companyfounded 1993active for 33 yearsNieuwstraat 5, 1500 HalleKBO/BCE: BE 0450.636.264

Lifetime

20 annual accounts with figures on one time axis, 32 filings since 1994
peak €351,267 (2017)
€24,353▼ 33.4%
lowest -€55,911 (2023)
-€11,142▲ €6,783
peak €663,247 (2022)
€578,269▼ 1.9%
€312,842▼ 14.9%
peak 0 FTE (2023)
0 FTE 
Board3 names since 2017
3 directors and 2 others
Documentsfilings and deeds
30-07-20261 day before the deadline
2025abbreviated format
Gross margin from €36,554 to €24,353Loss of €11,142Cash from €115,135 to €60,167

Key points

from the 2025 annual accounts

Losses

-€84,979 in three years
-55,9112023-17,9252024-11,1422025

Every financial year from 2023 to 2025 closed with a loss. 2023 was the heaviest.

Turnover

≈ €84,000 estimated

The abbreviated format states no turnover.

Filings

32 annual accounts since 1994
AprilJune31 JulyOctober200020102020

The last five annual accounts were filed 0 to 21 days before the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 8,613 companies had the same profile as FRALCO has now. Each dot stands for 22 companies, two years later.

94.1%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss

Another 0.2% 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 8,613 companies, not a prediction for FRALCO. 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Chair
Director, since 13-01-2023
Director, since 13-01-2023

Shares in 2 companies, and

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0450636264
Amendment of the articles Gazette deed
3 directors appointed , (managing director) and · General meeting of 13-01-2023 · Gazette deed
Registered office moved from Dworp to Halle New registered office: Nieuwstraat 5 bus 21, 1500 Halle · Previous registered office: BEGIJNBOSSTRAAT 20, 1653 DWORP · Board meeting of 13-07-2020 · Gazette deed
All 47 events

Comparable companies

same main activity, similar in size and age
Company
FRALCO Halle €0.9m €24,353 64.9% 0
Brutoema Herzele €0.7m €28,197 89.0% 0
DIETERINVEST Bonheiden €1.3m €28,543 34.5% 0
FORTIMMON Deinze €0.7m €29,049 23.4% 0
DNC CONSULTING Beersel €0.6m €19,806 -4.1% 0
LUCAN Wielsbeke €1.6m €34,375 98.3% 0
AGENTUUR PHILIPS Koksijde €1.6m €26,444 88.2% 0

These companies have the same main activity as FRALCO: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €623,000 and €1.6m, founded between 1984 and 2005.

Official details

Source: KBO
Status
Active since 30-07-1993Normal situation
Activity
Real estate agency activitiesNACE 68310
Establishment unit
2.063.288.0871500 Halle, since 20-08-1993
Financial year end
31 December
Peppol
Reachable since 26-08-2025
Company details

Annual accounts 2025

€891,111▼ 6.9%
Filing
Filed on 30-07-2026, 1 day before the end of the filing period
Financials

Insights on FRALCO

FRALCO files the abbreviated format. That format states no turnover. The gross margin fell from €65,130 in 2006 to €24,353 in 2025.

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 FRALCO

What is the company number of FRALCO?
The company number of FRALCO is 0450.636.264. The VAT number is the same number with BE in front: BE 0450.636.264.
Where is FRALCO based?
The registered office is at Nieuwstraat 5, 1500 Halle.Company details
What does FRALCO do?
According to the KBO register, the main activity is real estate agency activities (NACE 68310).
What is the legal form of FRALCO?
FRALCO is a public limited company (NV).
When was FRALCO founded?
FRALCO was founded on 30-07-1993.
Is FRALCO still active?
Yes, FRALCO is an active enterprise in the KBO register.
What is the turnover of FRALCO?
The turnover in financial year 2025 is ≈ €84,000. This figure is estimated from the gross margin of €24,353 and 59 comparable companies (NACE 68310). It probably lies between €43,000 and €180,000. It is a rough estimate.Financials
Is FRALCO profitable?
In financial year 2025, FRALCO made a loss of €11,142.
Where can I find the annual accounts of FRALCO?
FRALCO filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FRALCO due?
FRALCO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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