FRATELLI
ActiveSummary
FRATELLI has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €96k and a net result of €-9k. Equity is growing by ~14.2% per year across the filed fiscal years. Its solvency ranks better than 38% of 534 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability24▼-64
Solvency57▼-14
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 1.83 against 4.22 in 2024; short-term debt: 49.4% and cash: 47.5% of total assets), but 68.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Sector 90
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
31.9%
Return on assets
-3%
Age of the figures
9 mo
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
25 d late
2023
1 d early
2022
21 d early
2021
8 d late
2020
9 d late
2019
18 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€96k▼ 8.5%
2024 · €105k
2018: €39k
2019: €22k
2020: €8k
2021: €99k
2022: €92k
2023: €70k
2024: €105k
2018 → 2025
Total assets
€302k▲ 32.9%
2024 · €227k
2018: €395k
2019: €403k
2020: €278k
2021: €241k
2022: €166k
2023: €177k
2024: €227k
2018 → 2025
Net result
€-9k
2024 · €36k
2018: €30k
2019: €-17k
2020: €-14k
2021: €91k
2022: €-7k
2023: €-35k
2024: €36k
2018 → 2025
Working capital
€123k▼ 12.2%
2024 · €140k
2018: €58k
2019: €15k
2020: €100k
2021: €164k
2022: €88k
2023: €119k
2024: €140k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€99k-€92k▼ 7.0%€70k▼ 24.3%€105k▲ 51.0%€96k▼ 8.5%
Operating result€89k-€-5k€-32k▼ 486%€38k€-5k
Net result€91k-€-7k€-35k▼ 401%€36k€-9k
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 turns negative in 2025: a loss of €5k after €38k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €302k
Fixed assets
€30k ▼ 31.5%
Current assets
€272k ▲ 48.1%
Equity and liabilities €302k
Equity
€96k ▼ 8.5%
Debt
€206k ▲ 68.6%
Debt's share of the balance-sheet total rises from 53.7% to 68.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€4k▼
2024 · €43k
Cash flow
€359▼
2024 · €41k
Current ratio
1.83▼
2024 · 4.22
Debt to equity
2.14▲
2024 · 1.16
ROE
-9.3%▼
2024 · 33.8%
ROA
-3.0%▼
2024 · 15.6%
Interest coverage
1.08▼
2024 · 15.64
Debt ≤ 1 year
€149k▲
2024 · €44k
Debt > 1 year
€57k▲
2024 · €10k
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 · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€227k€302k▲
Fixed assets21/28€43k€30k▼
Tangible fixed assets22/27€31k€30k▼
Plant, machinery and equipment23€30k€29k▼
Furniture and vehicles24€558€363▼
Financial fixed assets28€12k€0▼
Current assets29/58€184k€272k▲
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€151k€129k▼
Trade receivables40€26k€21k▼
Other amounts receivable41€125k€108k▼
Current investments50/53€13k€0▼
Cash at bank and in hand54/58-€143k
Deferred charges and accrued income490/1€20k-
Equity and liabilities
Total equity and liabilities10/49€227k€302k▲
Equity10/15€105k€96k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€85k€76k▼
Amounts payable17/49€122k€206k▲
Amounts payable after more than one year17€10k€57k▲
Financial debts170/4€10k€57k▲
Amounts payable within one year42/48€44k€149k▲
Current portion of amounts payable after more than one year42€3k€3k▲
Trade debts44€17k€17k▲
Suppliers440/4€17k€17k▲
Advances received on contracts in progress46-€97k
Taxes, remuneration and social security45€17k€26k▲
Taxes450/3€17k€26k▲
Other amounts payable47/48€6k€5k▼
Accrued charges and deferred income492/3€69k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€9k▲
Other operating charges640/8€1k€8k▲
Non-recurring operating charges66A€22€0▼
Gross operating margin9900€45k€13k▼
Operating profit (loss)9901€38k€-5k▼
Financial income75/76B€497€59▼
Recurring financial income75€497€59▼
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€36k€-9k▼
Profit (loss) for the period9904€36k€-9k▼
Profit (loss) for the period to be appropriated9905€36k€-9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€85k€76k▼
Profit (loss) brought forward from the previous period14P€49k€85k▲
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
Next filing, fiscal year 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 25 days late
2024
31-12
Financial
Back to profitnet €36k
Net result €36k after 2 loss-making years.
31-12
Financial
Equity above €100kEq €105k ▲51%
Equity rises from €70k to €105k.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-35k
Net result drops to €-35k, the lowest in the series; recovery starts the following year.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 8 days late
2021
31-12
Financial
Back to profitnet €91k
Net result €91k after 2 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 3.86
Current ratio from 1.72 to 3.86; short-term debt falls from €138k to €57k.
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 9 days late
2020
18-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 18 days late
Show earlier events
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 57 days late
2017
27-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 149 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, Aarschot · 1 establishment unit since 1996
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.
Oosterwijklaan 113200 AarschotGround area
542 m²
Building footprint
129 m²
Volume, LiDAR
707 m³
Parcel 24001A0181/00X000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FRATELLI
since 19962.076.010.331
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24001A0181/00X000 | Flanders | 542 m² | 1 · 129 m² | 7.7 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
Common Ground Circus
BE 0702.993.741
Duffel · Eq €96,071
STRUVAY FRERES
BE 0402.046.984
Huy · Eq €96,629
Zah!
BE 1002.589.624
Floreffe · Eq €95,532
TheCast
BE 0895.047.407
Aalst · Eq €95,104
EV Events , Renting & Logistics
BE 0824.927.491
Boom · Eq €94,506
Of 3,525 companies in sector 90391 we hold annual accounts for 680. 522 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
Founded09-04-1996
Fiscal year end31-12
Activities, NACEBEL 2025
90391Promotion and organisation of arts and performing arts events
90202Performing arts by artistic ensembles
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.