FRASTEVO
ActiveFRASTEVO has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €258k and a net result of €70k. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 63% of 1692 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
71
/ 100
Healthy▲ +18 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+24
Solvency63▲+28
Growth52▲+20
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity short (current ratio 0.27 against 0.11 in 2023), and 47.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 01
Relative position
BE, all sectors
reference
Sector 01
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 · Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €258k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
55 d late
2022
29 d late
2021
6 d early
2020
60 d late
2019
1 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€258k▲ 37.1%
2023 · €188k
2018: €203k
2019: €181k
2020: €261k
2021: €172k
2022: €160k
2023: €188k
2018 → 2024
Total assets
€489k▼ 23.9%
2023 · €643k
2018: €3.02M
2019: €3.20M
2020: €3.61M
2021: €1.67M
2022: €737k
2023: €643k
2018 → 2024
Net result
€70k▲ 142%
2023 · €29k
2018: €139k
2019: €-122k
2020: €79k
2021: €-89k
2022: €-12k
2023: €29k
2018 → 2024
Working capital
€-161k▲ 58.1%
2023 · €-384k
2018: €-584k
2019: €-962k
2020: €-953k
2021: €-884k
2022: €-401k
2023: €-384k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€261k-€172k▼ 34.1%€160k▼ 7.1%€188k▲ 18.1%€258k▲ 37.1%
Operating result€114k-€-6k€766k€52k▼ 93.2%€43k▼ 17.6%
Net result€79k-€-89k€-12k▲ 86.3%€29k€70k▲ 142%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 18% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €489k
Fixed assets
€431k▼ 27.6%
Current assets
€59k▲ 22.3%
Equity and liabilities €489k
Equity
€258k▲ 37.1%
Debt
€231k▼ 49.2%
The debt ratio falls from 70.7% to 47.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€213k
Cash flow
€239k
Solvency
52.8%▲
2023 · 29.3%
Current ratio
0.27▲
2023 · 0.11
Quick ratio
0.27▲
2023 · 0.11
Debt / equity
0.90▼
2023 · 2.41
ROE
27.0%▲
2023 · 15.3%
ROA
14.3%▲
2023 · 4.5%
Interest coverage
291.81
Debt
€231k▼
2023 · €455k
Debt ≤ 1 year
€220k▼
2023 · €432k
Debt > 1 year
€12k▼
2023 · €23k
Income taxes
€10k▼
2023 · €26k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€643k€489k▼
Fixed assets21/28€595k€431k▼
Tangible fixed assets22/27€595k€430k▼
Land and buildings22€41k€33k▼
Plant, machinery and equipment23€363k€268k▼
Furniture and vehicles24€190k€130k▼
Financial fixed assets28€455€455=
Current assets29/58€48k€59k▲
Amounts receivable within one year40/41€27k€20k▼
Trade receivables40€25k€18k▼
Other amounts receivable41€2k€3k▲
Cash at bank and in hand54/58€21k€39k▲
Equity and liabilities
Total equity and liabilities10/49€643k€489k▼
Equity10/15€188k€258k▲
Contributions10/11€121k€121k=
Reserves13€2k€72k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133-€70k
Profit (loss) carried forward14€65k€65k▲
Amounts payable17/49€455k€231k▼
Amounts payable after more than one year17€23k€12k▼
Financial debts170/4€23k€12k▼
Amounts payable within one year42/48€432k€220k▼
Current portion of amounts payable after more than one year42€11k€11k=
Trade debts44€21k€5k▼
Suppliers440/4€21k€5k▼
Taxes, remuneration and social security45€8k€7k▼
Taxes450/3€8k€7k▼
Remuneration and social security454/9€5-
Other amounts payable47/48€390k€196k▼
Accrued charges and deferred income492/3€361-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€170k
Other operating charges640/8€10k€437▼
Non-recurring operating charges66A€4k-
Gross operating margin9900€66k€213k▲
Operating profit (loss)9901€52k€43k▼
Financial income75/76B€4k€54k▲
Recurring financial income75€4k€54k▲
Non-recurring financial income76B€4k€54k▲
Financial charges65/66B€708€17k▲
Recurring financial charges65€708€729▲
Non-recurring financial charges66B-€16k
Profit (loss) for the period before taxes9903€55k€80k▲
Income taxes67/77€26k€10k▼
Profit (loss) for the period9904€29k€70k▲
Profit (loss) for the period to be appropriated9905€29k€70k▲
Appropriation of the result
Profit (loss) to be appropriated9906€65k€135k▲
Profit (loss) brought forward from the previous period14P€36k€65k▲
Transfer to equity691/2-€70k
To other reserves6921-€70k
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
31-12
Financial
Equity above €200kEq €258k ▲37.1%
2 profitable years in a row build equity to €258k.
24-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 55 days late
2023
31-12
Financial
Back to profitnet €29k
Net result €29k after 2 loss-making years.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 29 days late
2022
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 60 days late
2020
31-12
Financial
Back to profitnet €79k
Net result €79k after one loss-making year.
31-12
Financial
Equity above €200kEq €261k ▲43.9%
Equity rises from €181k to €261k.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €-122k ▼188%
Net result drops to €-122k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
28-07
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
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, Sint-Truiden · 1 establishment unit since 2008
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.
Kortenbosstraat 1423800 Sint-TruidenGround area
160 m²
Building footprint
129 m²
Volume, LiDAR
871 m³
Parcel 71352B0396/00P000, Flanders · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
FRASTEVO
since 20082.169.052.236
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71352B0396/00P000 | Flanders | 160 m² | 1 · 129 m² | 10.3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Truiden2.169.052.236
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Of 525 companies in sector 01250 we hold annual accounts for 117. 85 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded13-02-2008
Fiscal year end31-12
Activities, NACEBEL
01250Crop and animal production, hunting and related service activities
10391Manufacture of food products
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0495/434802