Result
-€36,775 -€36,775
From profit to loss in 2025, after a profit of €153,449 in 2024.
Fratellimmo
Lifetime
14 annual accounts with figures on one time axispeak €225,600 (2024)
€25,072▼ 88.9%
lowest -€76,877 (2023)
-€36,775▼ €190,224
peak €157,193 (2024)
€120,418▼ 23.4%
€714,026▲ 7.9%
Board1 name since 2023
1 directorDUTHOIT Eric Jean Baptiste Jules
Owners2 names in the annual accounts
Documentsfilings and deeds
30-06-202631 days before the deadline
2025micro format
Gross margin from €225,600 to €25,072Loss of €36,775Equity from €157,193 to €120,418Investments €98,233
Key points
from the 2025 annual accountsTurnover
≈ €41,000 estimated
The micro format states no turnover.
Debts
€714,026 84% of the balance sheet
Financial debts 79%Suppliers 2%Taxes and wages 0%Other 19%
Of this, €126,935 falls due within a year.
Investments
€98,233 2.2 × depreciation
Green is investment, beige is depreciation.
Liquidity
0.06 was 0.61 in 2024
Short-term debts rose from €78,579 to €126,935.
Position in the sector
-€36,775
Lower net result than 90% of companies in real estate. Sector median €5,986 · 17,185 companies.
Checked score
87
Excellent
Financially stronger than 30% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
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 06-2025highest value
08-2025: 0.1%▼ -0.4 percentage points vs 07-2025lowest value
09-2025: 0.1%● unchanged vs 08-2025lowest value
10-2025: 0.1%● unchanged vs 09-2025lowest value
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
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: 0.2%▲ +0.1 percentage points vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 0.06, cash €4,818
Loss of €36,775 (financial year 2025)
lowers risk
Size: total assets €853,399
Figures for financial year 2025 (filed on 30-06-2026)
Calculation
The band follows from the bankruptcy probability. 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). It does better than 35% of them on solvency, 43% on liquidity, 22% on profitability and 20% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,423 companies had the same profile as Fratellimmo has now. Each dot stands for 4 companies, two years later.
96.5%
were still trading
2.2%
stopped another way
1.0%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Fratellimmo itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,423 companies, not a prediction for Fratellimmo. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.06 (0.61 in 2024), below 1. Short-term debt is 14.9% and cash 0.6% of total assets. 85.9% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 days early
2024
1 day early
2023
6 days early
2022
5 days early
2021
31 days early
2020
46 days late
2019
32 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 9 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 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 26 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- Eric Duthoit 50%annual accounts 2017
- Serge Duthoit 50%annual accounts 2017
Recent changes
Amendment of the articles
“le négoce d’automobile, motocyclettes et vélos, et la préparation de ceux-ci en vue de la vente ; le commerce…” (deed in French) · General meeting of 18-08-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0840965056
Resignation: DUTHOIT Eric Jean Baptiste Jules (manager and director)
Reappointment: DUTHOIT Eric Jean Baptiste Jules (director) · 1,036 shares · Director discharge: DUTHOIT Eric Jean Baptiste Jules · General meeting of 10-11-2023 · Gazette deed
Registered office moved from Brussels to Wavre
New registered office: Allée de la Frênaie 17-1300 Wavre · Previous registered office: Rue Paul Delvigne 72 Bte 4-1030 Bruxelles · General meeting of 26-06-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Fratellimmo Wavre | €0.9m | €25,072 | 14.1% | - |
| Yajachi Kasterlee | €0.9m | €28,270 | 18.8% | - |
| Immo Deghillage Quaregnon | €1.0m | €28,145 | 16.1% | - |
| LINE IMMO Braine-l'Alleud | €0.6m | €24,293 | 33.6% | - |
| D.A.N.C. Nivelles | €0.9m | €38,118 | 19.6% | - |
| BUDGET HOUSING Antwerp | €0.7m | €23,955 | 37.3% | - |
| Aalter Home Invest Hasselt | €0.7m | €20,690 | -12.5% | - |
These companies have the same main activity as Fratellimmo: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €565,000 and €1m, founded between 2011 and 2015.
Official details
Source: KBO- Status
- Active since 10-11-2011Normal situation
- Activity
- Renting and operating of own or leased non-residential real estate, excluding landNACE 68203and 6 others
- Establishment unit
- 2.204.631.9351300 Wavre, since 10-11-2011
- Financial year end
- 31 December
- Peppol
- Reachable since 23-12-2025
Annual accounts 2025
- €853,399▲ 1.5%
- Filing
- Filed on 30-06-2026, 31 days before the end of the filing period
Insights on Fratellimmo
Fratellimmo files the micro format. That format states no turnover. The gross margin rose from €3,616 in 2012 to €25,072 in 2025.
The balance sheet grew most from 2021 to 2023 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Fratellimmo
- What is the company number of Fratellimmo?
- The company number of Fratellimmo is 0840.965.056. The VAT number is the same number with BE in front: BE 0840.965.056.
- Where is Fratellimmo based?
- The registered office is at Allée de la Frênaie 17, 1300 Wavre.Company details
- What does Fratellimmo do?
- According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
- What is the legal form of Fratellimmo?
- Fratellimmo is a private limited company (BV).
- When was Fratellimmo founded?
- Fratellimmo was founded on 10-11-2011.
- Is Fratellimmo still active?
- Yes, Fratellimmo is an active enterprise in the KBO register.
- What is the turnover of Fratellimmo?
- The turnover in financial year 2025 is ≈ €41,000. This figure is estimated from the gross margin of €25,072 and 51 comparable companies (NACE 682). It probably lies between €31,000 and €59,000.Financials
- Is Fratellimmo profitable?
- In financial year 2025, Fratellimmo made a loss of €36,775.
- Where can I find the annual accounts of Fratellimmo?
- Fratellimmo filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Fratellimmo due?
- Fratellimmo must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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