Summary
FRATO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €36,319 and a net result of €29,152. Its solvency ranks better than 54% of 8102 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
Founded in 2024, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 31-03-2026, 30 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
30 d early
2024
61 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 16 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-09-2026 close30-09-2026 today30-04-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What changed in the latest annual accounts?What changed What held for this company on a given day: board, seat, name?Company as of a date
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€36,319▲ 33.7%
2024 · €27,168
Net result
€29,152▲ 31.5%
2024 · €22,168
Total assets
€65,421▲ 1.9%
2024 · €64,201
Solvency
55.5%▲ 13.2pp
2024 · 42.3%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20242025
Operating result€28,415-€38,465▲ 35.4%
Net result€22,168within the sector's middle half-€29,152within the sector's middle half▲ 31.5%
Equity€27,168below the sector's middle half-€36,319within the sector's middle half▲ 33.7%
Total assets€64,201below the sector's middle half-€65,421below the sector's middle half▲ 1.9%
Debt€37,033-€29,102▼ 21.4%
Working capital-€18,429within the sector's middle half-€16,201within the sector's middle half
Solvency42.3%within the sector's middle half-55.5%within the sector's middle half▲ 13.2pp
Current ratio0.49below the sector's middle half-1.57within the sector's middle half▲ 1.08
Return on assets (ROA)34.5%above the sector's middle half-44.6%above the sector's middle half▲ 10.0pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 35% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €65,421
Fixed assets
€20,933 ▼ 54.8%
Current assets
€44,489 ▲ 148%
Equity and liabilities €65,421
Equity
€36,319 ▲ 33.7%
Debt
€29,102 ▼ 21.4%
Debt's share of the balance-sheet total falls from 57.7% to 44.5%. Equity is higher and debt is lower.
Key figures and ratios
ROE
80.3%▼
2024 · 81.6%
Debt ≤ 1 year
€28,288▼
2024 · €36,342
Income taxes
€8,822▲
2024 · €5,957
Staff costs
€1,658
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Non-recurring operating income76A | - | €24,000 | - |
| Remuneration, social security and pensions62 | - | €1,658 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,440 | €793 | ▼ 90.6% |
| Other operating charges640/8 | €475 | €1,613 | ▲ 239% |
| Non-recurring operating charges66A | - | €3,025 | - |
| Gross operating margin9900 | €37,331 | €45,555 | ▲ 22.0% |
| Operating profit (loss)9901 | €28,415 | €38,465 | ▲ 35.4% |
| Financial income75/76B | - | €4 | - |
| Recurring financial income75 | - | €4 | - |
| Financial charges65/66B | €290 | €496 | ▲ 71.1% |
| Recurring financial charges65 | €290 | €496 | ▲ 71.1% |
| Profit (loss) for the period before taxes9903 | €28,125 | €37,973 | ▲ 35.0% |
| Income taxes67/77 | €5,957 | €8,822 | ▲ 48.1% |
| Profit (loss) for the period9904 | €22,168 | €29,152 | ▲ 31.5% |
| Profit (loss) for the period to be appropriated9905 | €22,168 | €29,152 | ▲ 31.5% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €64,201 | €65,421 | ▲ 1.9% |
| Fixed assets21/28 | €46,287 | €20,933 | ▼ 54.8% |
| Tangible fixed assets22/27 | €38,787 | €933 | ▼ 97.6% |
| Furniture and vehicles24 | €38,787 | €933 | ▼ 97.6% |
| Financial fixed assets28 | €7,500 | €20,000 | ▲ 167% |
| Current assets29/58 | €17,913 | €44,489 | ▲ 148% |
| Amounts receivable within one year40/41 | €6,515 | €26,415 | ▲ 305% |
| Trade receivables40 | €4,235 | €13,915 | ▲ 229% |
| Other amounts receivable41 | €2,280 | €12,500 | ▲ 448% |
| Cash at bank and in hand54/58 | €9,620 | €13,833 | ▲ 43.8% |
| Deferred charges and accrued income490/1 | €1,779 | €4,240 | ▲ 138% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €64,201 | €65,421 | ▲ 1.9% |
| Equity10/15 | €27,168 | €36,319 | ▲ 33.7% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €22,168 | €31,319 | ▲ 41.3% |
| Amounts payable17/49 | €37,033 | €29,102 | ▼ 21.4% |
| Amounts payable within one year42/48 | €36,342 | €28,288 | ▼ 22.2% |
| Trade debts44 | - | €1,470 | - |
| Suppliers440/4 | - | €1,470 | - |
| Taxes, remuneration and social security45 | €5,957 | €26,433 | ▲ 344% |
| Taxes450/3 | €5,957 | €16,064 | ▲ 170% |
| Remuneration and social security454/9 | - | €10,369 | - |
| Other amounts payable47/48 | €30,385 | €385 | ▼ 98.7% |
| Accrued charges and deferred income492/3 | €691 | €814 | ▲ 17.8% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €22,168 | €29,152 | ▲ 31.5% |
| + Depreciation and write-downs630 | €8,440 | €793 | ▼ 90.6% |
| Operating cash flow (approximation) | €30,608 | €29,944 | ▼ 2.2% |
| Investment in fixed assets (approximation) | - | €24,562 | - |
| Change in cash | - | €4,214 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Liquidity triplescurrent ratio 1.57
Current ratio from 0.49 to 1.57; short-term debt falls from €36,342 to €28,288.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Oud-Heverlee · 1 establishment unit since 2024
Ground area
1,481 m²
Building footprint
479 m²
Volume, LiDAR
1,334 m³
Parcel 24034C0234/00B002, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
Frato
since 20242.355.357.067
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24034C0234/00B002 | Flanders | 1,481 m² | 2 · 479 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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
Rogix
BE 1017.604.531
Wielsbeke · Eq €36,310
KC Ventures
BE 1006.095.975
Meise · Eq €36,332
Blay Consulting
BE 1002.196.080
Kapellen · Eq €36,294
JOREX
BE 0707.986.667
Kruisem · Eq €36,276
tHRibe.World
BE 0784.503.831
Boechout · Eq €36,369
Of 24,728 companies in sector 64210 we hold annual accounts for 19,805. 9,394 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-02-2024
Fiscal year end30-09
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:1005531593
Registered
24-08-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.