FRALOMAT
ActiveSummary
FRALOMAT has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €210k and a net result of €31k. Equity is growing by ~12.2% per year across the filed fiscal years. Its solvency ranks better than 58% of 37956 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability81▲+8
Solvency90▲+5
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity tight (current ratio 1.03 against 0.75 in 2023; short-term debt: 27.7% and cash: 2.7% of total assets), and 34.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-09-2025, 50 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
50 d late
2023
23 d late
2022
23 d late
2021
24 d late
2020
5 d early
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€210k▲ 17.4%
2023 · €179k
2018: €104k
2019: €144k
2020: €125k
2021: €147k
2022: €168k
2023: €179k
2018 → 2024
Total assets
€321k▲ 7.2%
2023 · €299k
2018: €273k
2019: €277k
2020: €274k
2021: €272k
2022: €292k
2023: €299k
2018 → 2024
Net result
€31k▲ 184%
2023 · €11k
2018: €40k
2019: €40k
2020: €-19k
2021: €22k
2022: €21k
2023: €11k
2018 → 2024
Working capital
€3k
2023 · €-23k
2018: €-29k
2019: €-15k
2020: €-54k
2021: €-56k
2022: €-17k
2023: €-23k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€125k-€147k▲ 17.8%€168k▲ 13.9%€179k▲ 6.5%€210k▲ 17.4%
Operating result€-16k-€41k€36k▼ 11.0%€35k▼ 4.3%€49k▲ 40.9%
Net result€-19k-€22k€21k▼ 7.9%€11k▼ 46.8%€31k▲ 184%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 41% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €321k
Fixed assets
€229k ▼ 1.6%
Current assets
€92k ▲ 37.7%
Equity and liabilities €321k
Equity
€210k ▲ 17.4%
Debt
€111k ▼ 7.9%
Debt's share of the balance-sheet total falls from 40.3% to 34.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€52k▲
2023 · €37k
Cash flow
€35k▲
2023 · €14k
Current ratio
1.03▲
2023 · 0.75
Debt to equity
0.53▼
2023 · 0.67
ROE
14.8%▲
2023 · 6.1%
ROA
9.7%▲
2023 · 3.7%
Interest coverage
98.96▲
2023 · 43.80
Debt ≤ 1 year
€89k▼
2023 · €90k
Debt > 1 year
€22k▼
2023 · €31k
Income taxes
€17k▼
2023 · €23k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€299k€321k▲
Fixed assets21/28€233k€229k▼
Tangible fixed assets22/27€9k€5k▼
Plant, machinery and equipment23€0€0=
Furniture and vehicles24€9k€5k▼
Financial fixed assets28€224k€224k=
Current assets29/58€67k€92k▲
Amounts receivable within one year40/41€54k€81k▲
Trade receivables40€4k€4k=
Other amounts receivable41€50k€77k▲
Cash at bank and in hand54/58€11k€9k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€299k€321k▲
Equity10/15€179k€210k▲
Contributions10/11€19k€19k=
Reserves13€92k€123k▲
Non-distributable reserves130/1€2k€2k=
Other1319€2k€2k=
Distributable reserves133€91k€122k▲
Profit (loss) carried forward14€68k€68k▲
Amounts payable17/49€121k€111k▼
Amounts payable after more than one year17€31k€22k▼
Financial debts170/4€31k€22k▼
Amounts payable within one year42/48€90k€89k▼
Current portion of amounts payable after more than one year42€4k-
Financial debts43€6k€6k=
Credit institutions430/8€6k€6k=
Trade debts44€70k€66k▼
Suppliers440/4€70k€66k▼
Taxes, remuneration and social security45€9k€17k▲
Taxes450/3€9k€17k▲
Remuneration and social security454/9€0€61▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8€3k€1k▼
Gross operating margin9900€40k€54k▲
Operating profit (loss)9901€35k€49k▲
Financial charges65/66B€849€529▼
Recurring financial charges65€849€529▼
Profit (loss) for the period before taxes9903€34k€48k▲
Income taxes67/77€23k€17k▼
Profit (loss) for the period9904€11k€31k▲
Profit (loss) for the period to be appropriated9905€11k€31k▲
Appropriation of the result
Profit (loss) to be appropriated9906€78k€99k▲
Profit (loss) brought forward from the previous period14P€68k€68k▲
Transfer to equity691/2€11k€31k▲
To other reserves6921€11k€31k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
19-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 50 days late
2024
31-12
Financial
Equity above €200kEq €210k ▲17.4%
4 profitable years in a row build equity to €210k.
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
31-12
Financial
Equity above €150kEq €168k ▲13.9%
2 profitable years in a row build equity to €168k.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
31-12
Financial
Back to profitnet €22k
Net result €22k after one loss-making year.
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-19k ▼147%
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
25-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 56 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brecht · 1 establishment unit since 2016
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.
Staf Larochelaan 82960 BrechtGround area
852 m²
Building footprint
160 m²
Volume, LiDAR
694 m³
Parcel 11332L0030/00F003, Flanders · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FRALOMAT
since 20162.257.071.620
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11332L0030/00F003 | Flanders | 852 m² | 1 · 160 m² | 6.9 m · 2 fl. |
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.
Similar companies · same sector, comparable size
MIMCO
BE 0870.330.817
Bonheiden · Eq €210,023
Polyedrica
BE 0803.382.407
Oudergem · Eq €210,000
NODIS CONSULTING
BE 0727.898.886
Zemst · Eq €210,068
TWINNSON
BE 0817.958.834
Kruisem · Eq €209,985
All Soft
BE 0464.947.229
Herenthout · Eq €210,080
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 39,660 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-06-2016
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.