FRAST CONSTRUCT
ActiveSummary
FRAST CONSTRUCT has been active since 1984 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €260,525 and a net result of -€59,779. Equity is growing by about 4.6% per year across the filed financial years. Its solvency ranks better than 59% of 17,021 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Activity
Real estate agency activities
NACE 68310Renting and operating of own or leased non-residential real estate, excluding land NACE 68203
3 sites
Size
€643,642total assets 2025
- Staff
- 1.1 FTE
- Equity
- €260,525
- Loss
- -€59,779
Turnover not published (micro format)
Structure
- Holdings
- 1
Accounts on time
Why 69raises riskLoss of €59,779, the second in a row (financial year 2025)1 of the last 3 lateLiquidity: current ratio 0.48, cash €6,606, halvedlowers riskSize: total assets €643,642Show the evidence
Checked score
Score 2025
69
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 28% of its sector peers (NACE 68, micro)
Financial strength · tick = 2024
Weak
Solvency
65-4
equity 40.5% of total assets
Liquidity
26-19
short-term debt 49.8% · cash 1.0%
Profitability
7-42
return on assets -9.3%
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.3%
12-2024: 0.3%● unchanged vs 11-2024
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.5%▲ +0.2 percentage points vs 06-2025
08-2025: 0.8%▲ +0.3 percentage points vs 07-2025highest value
09-2025: 0.1%▼ -0.7 percentage points vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025lowest value
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.2%▲ +0.1 percentage points vs 06-2026
08-2026: 0.6%▲ +0.4 percentage points vs 07-2026
09-2026: 0.6%● unchanged vs 08-2026
10-2026: 0.6%● unchanged vs 09-2026
Credit of up to €17,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.48, compared with 0.76 in 2024, below 1; short-term debt: 49.8% and cash: 1% of total assets), and 59.5% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 68, micro): better than 57% on solvency, 20% on liquidity, 11% on profitability and 22% on growth.
The bankruptcy probability was computed on 23-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€59,779
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
22 days late
2023
61 days late
2022
on the day
2021
59 days late
2020
30 days late
2019
31 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 20 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 August (4 of the last 5 filed years within 37 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
Financials · financial year 2025, micro format
Equity
€260,525▼ 18.7%
2024 · €320,304
Total assets
€643,642▼ 12.0%
2024 · €731,111
Net result
-€59,779▼ 1,436%
2024 · -€3,892
Working capital
-€167,048▼ 151%
2024 · -€66,479
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result turns negative in 2025: a loss of €47,883 after €4,737 in 2024, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€47,883
2025
Net result-€59,779
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€643,642
2025
Equity€260,525
2025
Debt€326,426
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€167,048
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)-9.3%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency40.5%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.48
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)1.1
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€24,557--€36,112€105,190-€26,951€33,698€164,661▲ 389%€4,737▼ 97.1%-€47,883
Net result€8,821--€41,439€76,036above the sector's middle half€16,256within the sector's middle half▼ 78.6%-€60,511below the sector's middle half€98,625above the sector's middle half-€3,892within the sector's middle half-€59,779below the sector's middle half▼ 1,436%
Equity€235,230-€193,790▼ 17.6%€269,826within the sector's middle half▲ 39.2%€286,082within the sector's middle half▲ 6.0%€225,571within the sector's middle half▼ 21.2%€324,196above the sector's middle half▲ 43.7%€320,304within the sector's middle half▼ 1.2%€260,525within the sector's middle half▼ 18.7%
Total assets€724,867-€689,897▼ 4.8%€787,851within the sector's middle half▲ 14.2%€762,414within the sector's middle half▼ 3.2%€771,229within the sector's middle half▲ 1.2%€758,193within the sector's middle half▼ 1.7%€731,111within the sector's middle half▼ 3.6%€643,642within the sector's middle half▼ 12.0%
Debt€430,877-€438,108▲ 1.7%€460,787▲ 5.2%€476,331▲ 3.4%€545,658▲ 14.6%€377,042▼ 30.9%€353,939▼ 6.1%€326,426▼ 7.8%
Working capital-€120,854--€209,577▼ 73.4%-€109,206below the sector's middle half▲ 47.9%-€135,422below the sector's middle half▼ 24.0%-€242,810below the sector's middle half▼ 79.3%-€72,074within the sector's middle half▲ 70.3%-€66,479within the sector's middle half▲ 7.8%-€167,048below the sector's middle half▼ 151%
Solvency32.5%-28.1%▼ 4.4pp34.2%within the sector's middle half▲ 6.2pp37.5%within the sector's middle half▲ 3.3pp29.2%within the sector's middle half▼ 8.3pp42.8%within the sector's middle half▲ 13.5pp43.8%within the sector's middle half▲ 1.1pp40.5%within the sector's middle half▼ 3.3pp
Current ratio0.36-0.15▼ 0.210.61within the sector's middle half▲ 0.460.55within the sector's middle half▼ 0.060.38below the sector's middle half▼ 0.170.76within the sector's middle half▲ 0.380.76within the sector's middle half=0.48within the sector's middle half▼ 0.28
Return on assets (ROA)1.2%--6.0%▼ 7.2pp9.7%above the sector's middle half▲ 15.7pp2.1%within the sector's middle half▼ 7.5pp-7.8%below the sector's middle half▼ 10.0pp13.0%above the sector's middle half▲ 20.9pp-0.5%within the sector's middle half▼ 13.5pp-9.3%below the sector's middle half▼ 8.8pp
Staff (FTE)0.7-0.6▼ 14.3%0.7within the sector's middle half▲ 16.7%1▲ 42.9%1=1=1=1.1▲ 10.0%
above
within
below
the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €643,642
Fixed assets
€489,894 ▼ 5.2%
Current assets
€153,748 ▼ 28.2%
Equity and liabilities €643,642
Equity
€260,525 ▼ 18.7%
Provisions
€56,691 ▼ 0.3%
Debt
€326,426 ▼ 7.8%
Debt's share of the balance-sheet total rises from 48.4% to 50.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€21,914▼
2024 · €31,223
Cash flow
-€33,810▼
2024 · €22,594
Debt to equity
1.25▲
2024 · 1.11
ROE
-22.9%▼
2024 · -1.2%
Interest coverage
-1.81▼
2024 · 3.74
Debt ≤ 1 year
€320,795▲
2024 · €280,739
Income taxes
€670▲
2024 · €372
Staff costs
€17,442▼
2024 · €25,436
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €9,996 | - | €240,952 | - | €615 | - |
| Remuneration, social security and pensions62 | - | - | - | €33,355 | €34,152 | €39,106 | €25,436 | €17,442 | ▼ 31.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €46,559 | €45,598 | €43,005 | €39,867 | €33,931 | €25,610 | €26,486 | €25,969 | ▼ 2.0% |
| Other operating charges640/8 | - | - | - | €22,108 | €14,950 | €15,230 | €9,936 | €14,482 | ▲ 45.8% |
| Non-recurring operating charges66A | - | - | - | - | - | €34,218 | €9,737 | €516 | ▼ 94.7% |
| Gross operating margin9900 | €104,604 | €46,350 | €188,610 | €68,380 | €116,732 | €278,825 | €76,332 | €10,527 | ▼ 86.2% |
| Operating profit (loss)9901 | €24,557 | -€36,112 | €105,190 | -€26,951 | €33,698 | €164,661 | €4,737 | -€47,883 | - |
| Financial income75/76B | - | - | - | €26 | €21 | €220 | €3 | €703 | ▲ 22,080% |
| Recurring financial income75 | €4 | €18 | €20 | €26 | €21 | €220 | €3 | €703 | ▲ 22,080% |
| Financial charges65/66B | - | - | - | €13,901 | €25,138 | €9,117 | €8,347 | €12,107 | ▲ 45.0% |
| Recurring financial charges65 | €11,595 | €9,953 | €11,789 | €13,585 | €25,138 | €9,117 | €8,347 | €12,107 | ▲ 45.0% |
| Non-recurring financial charges66B | - | - | - | €316 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €18,497 | -€42,049 | €95,193 | -€40,826 | €8,581 | €155,764 | -€3,607 | -€59,287 | ▼ 1,544% |
| Transfer from deferred taxes780 | - | - | - | €57,238 | - | - | €87 | €178 | ▲ 105% |
| Transfer to deferred taxes680 | - | - | - | - | - | €56,955 | - | - | - |
| Income taxes67/77 | €10,438 | €152 | €19,919 | €156 | €69,092 | €184 | €372 | €670 | ▲ 79.9% |
| Profit (loss) for the period9904 | €8,821 | -€41,439 | €76,036 | €16,256 | -€60,511 | €98,625 | -€3,892 | -€59,779 | ▼ 1,436% |
| Transfer from tax-exempt reserves789 | - | - | - | €136,263 | - | - | €260 | €533 | ▲ 105% |
| Transfer to tax-exempt reserves689 | - | - | - | - | - | €170,866 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €10,635 | -€39,626 | €77,850 | €152,519 | -€60,511 | -€72,241 | -€3,632 | -€59,246 | ▼ 1,531% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €724,867 | €689,897 | €787,851 | €762,414 | €771,229 | €758,193 | €731,111 | €643,642 | ▼ 12.0% |
| Fixed assets21/28 | €657,511 | €652,882 | €616,369 | €595,114 | €623,642 | €531,780 | €516,850 | €489,894 | ▼ 5.2% |
| Tangible fixed assets22/27 | €257,511 | €252,882 | €216,369 | €195,114 | €223,642 | €131,780 | €116,850 | €89,894 | ▼ 23.1% |
| Land and buildings22 | - | - | - | €113,995 | €104,741 | €34,419 | €33,146 | €31,873 | ▼ 3.8% |
| Plant, machinery and equipment23 | - | - | - | €73,808 | €113,939 | €91,445 | €77,813 | €54,711 | ▼ 29.7% |
| Furniture and vehicles24 | - | - | - | €7,311 | €4,963 | €5,915 | €5,892 | €3,310 | ▼ 43.8% |
| Financial fixed assets28 | €400,000 | €400,000 | €400,000 | €400,000 | €400,000 | €400,000 | €400,000 | €400,000 | = |
| Current assets29/58 | €67,356 | €37,015 | €171,481 | €167,299 | €147,587 | €226,414 | €214,261 | €153,748 | ▼ 28.2% |
| Amounts receivable after more than one year29 | - | - | - | €65,414 | €61,389 | €61,389 | €61,389 | €61,389 | = |
| Other amounts receivable291 | - | - | - | €65,414 | €61,389 | €61,389 | €61,389 | €61,389 | = |
| Amounts receivable within one year40/41 | €40,476 | €21,323 | €37,547 | €26,866 | €77,203 | €154,770 | €69,240 | €79,157 | ▲ 14.3% |
| Trade receivables40 | - | - | - | €23,182 | €24,914 | €52,422 | €15,613 | €52,411 | ▲ 236% |
| Other amounts receivable41 | - | - | - | €3,684 | €52,289 | €102,348 | €53,627 | €26,746 | ▼ 50.1% |
| Cash at bank and in hand54/58 | €19,883 | €10,298 | €122,185 | €71,061 | €4,981 | €4,667 | €76,581 | €6,606 | ▼ 91.4% |
| Deferred charges and accrued income490/1 | - | - | - | €3,958 | €4,015 | €5,588 | €7,051 | €6,596 | ▼ 6.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €724,867 | €689,897 | €787,851 | €762,414 | €771,229 | €758,193 | €731,111 | €643,642 | ▼ 12.0% |
| Equity10/15 | €235,230 | €193,790 | €269,826 | €286,082 | €225,571 | €324,196 | €320,304 | €260,525 | ▼ 18.7% |
| Contributions10/11 | €85,750 | €85,750 | - | €85,750 | €85,750 | €85,750 | €85,750 | €85,750 | = |
| Reserves13 | €149,480 | €147,666 | €184,076 | €200,332 | €139,821 | €238,446 | €234,554 | €208,296 | ▼ 11.2% |
| Non-distributable reserves130/1 | - | - | - | €8,575 | €8,575 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €8,575 | €8,575 | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | - | - | €170,866 | €170,606 | €170,073 | ▼ 0.3% |
| Distributable reserves133 | - | - | - | €191,757 | €131,246 | €67,580 | €63,948 | €38,224 | ▼ 40.2% |
| Profit (loss) carried forward14 | -€40,731 | -€39,626 | - | - | - | - | - | -€33,522 | - |
| Provisions and deferred taxes16 | €58,761 | €57,999 | €57,238 | - | - | €56,955 | €56,869 | €56,691 | ▼ 0.3% |
| Deferred taxes168 | - | - | - | - | - | €56,955 | €56,869 | €56,691 | ▼ 0.3% |
| Amounts payable17/49 | €430,877 | €438,108 | €460,787 | €476,331 | €545,658 | €377,042 | €353,939 | €326,426 | ▼ 7.8% |
| Amounts payable after more than one year17 | €240,202 | €191,007 | €174,295 | €163,447 | €151,386 | €76,241 | €63,229 | - | - |
| Financial debts170/4 | - | - | - | €163,447 | €151,386 | €76,241 | €63,229 | - | - |
| Amounts payable within one year42/48 | €188,210 | €246,593 | €280,687 | €302,721 | €390,397 | €298,488 | €280,739 | €320,795 | ▲ 14.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €74,837 | €68,972 | €39,218 | €13,011 | €13,229 | ▲ 1.7% |
| Financial debts43 | - | - | - | €25,674 | €30,576 | €2,338 | €1,825 | - | - |
| Credit institutions430/8 | - | - | - | €25,674 | €30,576 | €2,338 | €1,825 | - | - |
| Trade debts44 | €19,744 | €28,111 | €22,659 | €34,166 | €31,203 | €45,152 | €54,191 | €44,863 | ▼ 17.2% |
| Suppliers440/4 | - | - | - | €34,166 | €31,203 | €45,152 | €54,191 | €44,863 | ▼ 17.2% |
| Advances received on contracts in progress46 | - | - | - | €16,746 | €12,100 | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €28,127 | €92,406 | €20,804 | €17,011 | €2,858 | ▼ 83.2% |
| Taxes450/3 | - | - | - | €26,500 | €90,504 | €15,053 | €12,926 | €2,005 | ▼ 84.5% |
| Remuneration and social security454/9 | - | - | - | €1,628 | €1,902 | €5,751 | €4,086 | €852 | ▼ 79.1% |
| Other amounts payable47/48 | - | - | - | €123,171 | €155,141 | €190,977 | €194,700 | €259,845 | ▲ 33.5% |
| Accrued charges and deferred income492/3 | - | - | - | €10,163 | €3,875 | €2,313 | €9,970 | €5,631 | ▼ 43.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,821 | -€41,439 | €76,036 | €16,256 | -€60,511 | €98,625 | -€3,892 | -€59,779 | ▼ 1,436% |
| + Depreciation and write-downs630 | €46,559 | €45,598 | €43,005 | €39,867 | €33,931 | €25,610 | €26,486 | €25,969 | ▼ 2.0% |
| Operating cash flow (approximation) | €55,381 | €4,159 | €119,042 | €56,123 | -€26,580 | €124,235 | €22,594 | -€33,810 | - |
| Investment in fixed assets (approximation) | - | -€40,969 | -€6,493 | -€18,612 | -€62,459 | €66,253 | -€11,557 | €987 | - |
| Change in cash | - | -€9,585 | €111,887 | -€51,124 | -€66,079 | -€314 | €71,914 | -€69,975 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 40 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 31-07-2026 | 2026-00365723 |
| 31-12-2024 | micro format | 22-08-2025 | 2025-00391998 |
| 31-12-2023 | micro format | 30-09-2024 | 2024-00480091 |
| 31-12-2022 | micro format | 31-07-2023 | 2023-00295112 |
| 31-12-2021 | micro format | 28-09-2022 | 2022-20438139 |
| 31-12-2020 | micro format | 30-08-2021 | 2021-59900067 |
| 31-12-2019 | micro format | 30-06-2020 | 2020-24600377 |
| 31-12-2018 | micro format | 19-07-2019 | 2019-36000574 |
| 31-12-2017 | micro format | 16-08-2018 | 2018-46300325 |
| 31-12-2016 | abbreviated format | 30-08-2017 | 2017-55600385 |
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Of the 11,696 active companies whose main activity is real estate agency activities (NACE 68310), figures are known for 6,933. 5,073 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Subsidies and aid
Flemish government
2024 · 1 entry · €2,730 awarded · €2,730 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
no sitting director, no change since 2024
No sitting directors in the Gazette act read. See the directors and other office holders in the KBO →
Mandate history
1 person since 2024, 0 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Josette BARBOT |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Holdings and subsidiaries
1 holdingHoldings 1
-
100%
According to the 2025 annual accounts of FRAST CONSTRUCT and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
No sitting directors or connected companies in the Gazette act read.
History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
financial year 2025 · micro format
2025
22-08
NBB filing
Annual accounts filed
financial year 2024 · micro format · 22 days late
2024
30-09
NBB filing
Annual accounts filed
financial year 2023 · micro format · 61 days late
18-04
Gazette deed
Resignation: Josette BARBOT (manager)Purpose change · Legal-form conversion · Capital conversion12 facts ▸
Gazette deed
Resignation: Josette BARBOT (manager)
Purpose change · Legal-form conversion · Capital conversion12 facts ▸
- General meeting, 22-12-2023
- Purpose change
- Other provision, “onderworpenheid Wetboek van vennootschappen en verenigingen, bevestigd en vastgesteld onderworpen” (deed in Dutch)
- Legal-form conversion, “besloten vennootschap” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Other provision, “plaatsing op afzonderlijke beschikbare eigen vermogensrekening”, 85750 (deed in Dutch)
- Amendment of the articles
- Capital
- Board composition, Frank VAN HOECKE (sole director)
- Other provision, “rechtzetting zaakvoerderschap, ontslag bij vergetelheid niet vermeld in Belgisch Staatsblad” (deed in Dutch)
- Director resignation, Josette BARBOT (manager)
- Director discharge, Josette BARBOT
2023
31-12
Financial
Back to profitnet €98,625
Net result €98,625 after one loss-making year.
31-07
NBB filing
Annual accounts filed
financial year 2022 · micro format
2022
31-12
Financial
Weakest financial yearnet -€60,511
Net result drops to -€60,511, the lowest in the series; recovery starts the following year.
28-09
NBB filing
Annual accounts filed
financial year 2021 · micro format · 59 days late
2021
30-08
NBB filing
Annual accounts filed
financial year 2020 · micro format · 30 days late
2020
31-12
Financial
Back to profitnet €76,036
Net result €76,036 after one loss-making year.
31-12
Financial
Equity above €200,000equity €269,826 ▲39.2%
Equity rises from €193,790 to €269,826.
30-06
NBB filing
Annual accounts filed
financial year 2019 · micro format
Show earlier events
2019
19-07
NBB filing
Annual accounts filed
financial year 2018 · micro format
2018
16-08
NBB filing
Annual accounts filed
financial year 2017 · micro format · 16 days late
2017
30-08
NBB filing
Annual accounts filed
financial year 2016 · abbreviated format · 30 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 40 annual accounts filed, the latest 10 are here; all 40 are under Financials.
1 of 1 deed read
Register details
Identification
Legal formPrivate limited company
Founded14-05-1984
Financial year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
68310Real estate agency activities
96102Launderettes and laundries for private customers
E-invoicing
Reachable via Peppol
Peppol ID
0208:0426147724
Also
9925:BE0426147724
Registered
21-01-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 24 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits
2 applications in Flanders since 2022 · 2 refused
Verbouwen en/of uitbreiden zonder functiewijziging en met wijzigen van aantal woongelegenheden
Verbouwen en/of uitbreiden zonder functiewijziging en met wijzigen van aantal woongelegenheden
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Leuven · 3 establishment units since 1984
Ground area
620 m²
Building footprint
245 m²
Building volume
2,577 m³
3 parcels, Flanders · tallest building 16.3 m. Linked by address, not a title deed.
2
companies at this address
See who is registered here
3 establishment units
BEHEERBUREAU FRAST
since 1984unit no. 2.024.812.741
Parijsstraat 41, 3000 Leuven
since 2009unit no. 2.270.466.924
Tiensestraat 67, 3000 Leuven
since 2015unit no. 2.270.474.842
3 parcels
Flanders
3
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24502C0495/00Y000 | Flanders | 363 m² | 1 · 102 m² | 15.1 m · 4 |
| 24504D0411/00G000 | Flanders | 156 m² | 1 · 45 m² | 14.3 m · 5 |
| 24502B0748/00K000 | Flanders | 101 m² | 1 · 98 m² | 16.3 m · 5 |
How the parcels are linked
Good to know
All 3 parcels match the address exactly.
1 of these parcels carries protected heritage: expect extra rules on renovation or sale.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Alle immobiliaire operaties of ermede verband houdende verrichtingen te doen,zoals de…” (deed in Dutch)
4 activities (deed in Dutch)
- Alle immobiliaire operaties of ermede verband houdende verrichtingen te doen,zoals de aankoop,verkoop,ruil,verhuring,expertise,beheer,oprichting,omvorming of ombouwing en valorisatie van onroerende goederen van alle aard,zo gronden als gebouwen,in voorkomend geval bij middel van lottisering,verkaveling,nieuwbouw,heropbouw of verbouwing,voorts alle plaatsingen van kapitalen en het beheer van alle roerende en onroerende goederen;alle verzekeringen afsluiten met verzekeringsmaatschappijen als agent(niet als makelaar);alle verhuur van roerende goederen als daar zijn meubelen,kantooruitrusting,elektrische en elektronische apparaten en daartoe deze goederen aan te kopen en te verkopen.Dit alles in de meest ruime betekenis van het woord zonder beperking.
- Zij kan ook functies van beheerder,commissaris of vereffenaar van andere vennootschappen uitoefenen.
- Het uitbaten van een wassalon;
- Alle activiteiten die verband houden met onderneming en bouw en alle mogelijke technische verrichtingen met betrekking tot de bouw,renovatie en voltooiing op onroerend gebied:de omvorming,de aanpassing van elk gebouw en met name alle werkzaamheden schrijnwerkerij,tapijtwerk,van leggen van bekledingen van muren en bodems,cementwerk,plafonnering,verfwerken,metsel-en betonwerken,het afmeten en leggen van stenen en marmer,van beglazing,zinkwerken,metalen en niet metalen afdekking,evenals afbraakwerken,installatie van centrale verwarming,gasverwarming door individuele apparaten,en van sanitair en loodgieterij,en het plaatsen van elektrische apparatuur en bedrading.Alle werkzaamheden van aanpassing van speelvlaktes en sportvelden,parken en tuinen met inbegrip van de aanplantingen,het plaatsen van kabels en diverse kanalisaties.Het plaatsen van verwarming,reiniging en herstelling van gevels;het plaatsen van thermische en akoestische isolatie,werkzaamheden van drooglegging van bouw andere dan door asfalt;de bouw van uitneembare paviljoenen en niet-metalen constructies,het plaatsen van sloten,het leggen van parketten,het plaatsen van wanden en plafonds in hout,alle plaatsing van luiken,PVC materialen,schrijnwerkerij,evenals alle activiteiten van schoonmaken en ontsmetten van huizen,lokalen,gebouwen,appartementen,meubels en verschillende opslagplaatsen;De installatie van systemen voor ventilatie,voor verwarming door warme lucht,voor conditionering van lucht evenals het plaatsen van industriële leidingen.De aan-en verkoop en plaatsing van zonnepanelen,zonneboilers,verlichting,laadpalen,warmte/koude netten en batterijen.Deze opsomming is exemplatief en geenszins beperkend.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- FRAST CONSTRUCT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, vestigingseenheden,administratieve zetels,exploitatiezetels,agentschappen,werkhuizen,stapelplaatsen,bijkantoren in België of…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Één of meer bestuurders, algemene vergadering” (deed in Dutch)“Ten kosteloze titel, tenzij algemene vergadering anders beslist” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, aandeelhouders mogen kennis nemen betreffende hun effecten” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Geen beroep bij rechter tegen weigering, voor helft ten laste overdrager en voor andere helft ten laste overnemer(-s),naar evenredigheid…” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Ten minste vijftien dagen vanaf openstelling inschrijving, nieuwe aandelen waarop in geld wordt ingeschreven” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “TITEL V. ALGEMENE VERGADERING Artikel 16. Organisatie en bijeenroeping Ieder jaar wordt een gewone algemene vergadering van aandeelhouders…” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Algemene vergadering, Artikel 24” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Vereffening bij ontbinding om welke reden en wanneer ook, Artikel 25” (deed in Dutch)