FRASSIMO
ActiveFRASSIMO has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.97M and a net result of €156k. Equity is growing by ~12.6% per year across the filed fiscal years. Its solvency ranks better than 53% of 31662 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-6
Solvency84▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €150k at 30 days acceptable
Liquidity ample (current ratio 2.56 against 6.68 in 2024; short-term debt: 6.5% and cash: 0.5% of total assets), and 40.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
59.3%
Return on assets
4.7%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 20-01-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
3 d early
2023
399 d late
2022
764 d late
2020
60 d early
2019
51 d early
2018
34 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close22-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.97M▲ 8.6%
2024 · €1.81M
2018: €822k
2019: €969k
2020: €1.01M
2022: €1.31M
2023: €1.58M
2024: €1.81M
2018 → 2025
Total assets
€3.32M▲ 9.1%
2024 · €3.04M
2018: €1.50M
2019: €1.51M
2020: €1.52M
2022: €2.60M
2023: €2.80M
2024: €3.04M
2018 → 2025
Net result
€156k▼ 49.1%
2024 · €307k
2018: €42k
2019: €158k
2020: €41k
2022: €299k
2023: €266k
2024: €307k
2018 → 2025
Working capital
€338k▼ 65.0%
2024 · €966k
2018: €-249k
2019: €-124k
2020: €-118k
2022: €101k
2023: €724k
2024: €966k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202022202320242025Trend
Equity€1.01M-€1.31M▲ 29.6%€1.58M▲ 20.3%€1.81M▲ 15.0%€1.97M▲ 8.6%
Operating result€79k-€422k▲ 435%€-204k€134k€271k▲ 101%
Net result€41k-€299k▲ 620%€266k▼ 11.1%€307k▲ 15.5%€156k▼ 49.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 101% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.32M
Fixed assets
€2.76M▲ 45.1%
Current assets
€555k▼ 51.2%
Equity and liabilities €3.32M
Equity
€1.97M▲ 8.6%
Provisions
€82k▼ 3.7%
Debt
€1.27M▲ 10.7%
The debt ratio rises from 37.6% to 38.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€332k▲
2024 · €162k
Cash flow
€217k▼
2024 · €334k
Solvency
59.3%▼
2024 · 59.6%
Current ratio
2.56▼
2024 · 6.68
Quick ratio
2.56▼
2024 · 6.68
Debt / equity
0.64▲
2024 · 0.63
ROE
7.9%▼
2024 · 16.9%
ROA
4.7%▼
2024 · 10.1%
Interest coverage
10.83▲
2024 · 7.70
Debt
€1.27M▲
2024 · €1.14M
Debt ≤ 1 year
€217k▲
2024 · €170k
Debt > 1 year
€1.03M▲
2024 · €953k
Income taxes
€91k▲
2024 · €65k
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€3.04M€3.32M▲
Fixed assets21/28€1.90M€2.76M▲
Tangible fixed assets22/27€1.01M€1.87M▲
Land and buildings22€997k€1.85M▲
Plant, machinery and equipment23€2k€682▼
Furniture and vehicles24€13k€20k▲
Financial fixed assets28€892k€892k=
Current assets29/58€1.14M€555k▼
Amounts receivable after more than one year29€184k€138k▼
Other amounts receivable291€184k€138k▼
Amounts receivable within one year40/41€671k€393k▼
Trade receivables40€527k€24k▼
Other amounts receivable41€144k€368k▲
Current investments50/53€3k€3k=
Cash at bank and in hand54/58€274k€17k▼
Deferred charges and accrued income490/1€4k€4k▼
Equity and liabilities
Total equity and liabilities10/49€3.04M€3.32M▲
Equity10/15€1.81M€1.97M▲
Contributions10/11€60k€60k=
Reserves13€1.12M€1.28M▲
Tax-exempt reserves132€259k€250k▼
Distributable reserves133€861k€1.03M▲
Profit (loss) carried forward14€631k€631k=
Provisions and deferred taxes16€85k€82k▼
Deferred taxes168€85k€82k▼
Amounts payable17/49€1.14M€1.27M▲
Amounts payable after more than one year17€953k€1.03M▲
Financial debts170/4€953k€1.03M▲
Amounts payable within one year42/48€170k€217k▲
Current portion of amounts payable after more than one year42€133k€123k▼
Financial debts43-€7k
Credit institutions430/8-€7k
Trade debts44€7k€20k▲
Suppliers440/4€7k€20k▲
Taxes, remuneration and social security45€30k€66k▲
Taxes450/3€30k€66k▲
Accrued charges and deferred income492/3€21k€21k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€61k▲
Other operating charges640/8€4k€14k▲
Gross operating margin9900€166k€346k▲
Operating profit (loss)9901€134k€271k▲
Financial income75/76B€255k€4k▼
Recurring financial income75€255k€4k▼
Financial charges65/66B€21k€31k▲
Recurring financial charges65€21k€31k▲
Profit (loss) for the period before taxes9903€369k€244k▼
Transfer from deferred taxes780€3k€3k=
Income taxes67/77€65k€91k▲
Profit (loss) for the period9904€307k€156k▼
Transfer from tax-exempt reserves789€9k€9k=
Profit (loss) for the period to be appropriated9905€316k€166k▼
Appropriation of the result
Profit (loss) to be appropriated9906€947k€797k▼
Profit (loss) brought forward from the previous period14P€631k€631k=
Transfer from equity791/2€70k-
Transfer to equity691/2€316k€166k▼
To other reserves6921€316k€166k▼
Profit to be distributed694/7€70k-
Return on contributions (dividend)694€70k-
The notes to these accounts (9 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
2026
20-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
05-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 399 days late
05-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 764 days late
28-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Highest result since 2018net €307k ▲15.5%
Net result €307k, the highest in the series.
2023
30-06
Financial
Liquidity quadruplescurrent ratio 5.49
Current ratio from 1.30 to 5.49; short-term debt falls from €340k to €161k.
2022
30-06
Financial
Liquidity triplescurrent ratio 1.30
Current ratio from 0.51 to 1.30.
2021
01-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Weakest financial yearnet €41k ▼73.7%
Net result drops to €41k, the lowest in the series; recovery starts the following year.
30-09
Financial
Equity above €1MEq €1.01M ▲4.3%
3 profitable years in a row build equity to €1.01M.
10-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
18-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Knokke-Heist · 1 establishment unit since 1998
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.
Paul Parmentierlaan 1558300 Knokke-HeistGround area
716 m²
Building footprint
847 m²
Volume, LiDAR
5,054 m³
Parcel 31013A1093/00A000, Flanders · tallest building 22.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Paul Parmentierlaan 155, 8300 Knokke-Heist
since 19982.089.047.032
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31013A1093/00A000 | Flanders | 715 m² | 1 · 847 m² | 22.1 m · 3 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.
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IMESTRA
BE 0668.842.417
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ELSALIE
BE 0789.470.825
Sombreffe · Eq €1.97M
YAMACO
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Tielt · Eq €1.97M
Of 82,569 companies in sector 70200 we hold annual accounts for 52,573. 20,356 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-09-1998
Fiscal year end30-06
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.