Frava
ActiveSummary
Frava has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €418,715 and a net result of €48,329. Equity remains stable across the filed fiscal years (±1% per year). The computed 12-month bankruptcy probability is 0.4% (very low).
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Signals
This company filed its last 7 accounts on average 68 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
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Peer companies
Historical observationOf the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,349 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €61,412 | €61,586 | €53,382 | €46,928 | €45,631 | ▼ 2.8% |
| Other operating charges640/8 | €7,277 | €5,192 | €5,916 | €6,156 | €6,017 | ▼ 2.3% |
| Gross operating margin9900 | €99,110 | €135,265 | €132,465 | €122,974 | €121,846 | ▼ 0.9% |
| Operating profit (loss)9901 | €30,421 | €68,486 | €73,168 | €69,891 | €70,198 | ▲ 0.4% |
| Financial income75/76B | €89 | €89 | €437 | €3,103 | - | - |
| Recurring financial income75 | €89 | €89 | €437 | €3,103 | - | - |
| Financial charges65/66B | €4,400 | €4,411 | €6,167 | €1,567 | €45 | ▼ 97.1% |
| Recurring financial charges65 | €4,400 | €4,411 | €6,167 | €1,567 | €45 | ▼ 97.1% |
| Profit (loss) for the period before taxes9903 | €26,110 | €64,164 | €67,437 | €71,427 | €70,153 | ▼ 1.8% |
| Income taxes67/77 | €7,697 | €19,175 | €42,584 | €22,792 | €21,824 | ▼ 4.2% |
| Profit (loss) for the period9904 | €18,413 | €44,988 | €24,854 | €48,634 | €48,329 | ▼ 0.6% |
| Transfer from tax-exempt reserves789 | - | - | €97,390 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €18,413 | €44,988 | €122,244 | €48,634 | €48,329 | ▼ 0.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €608,261 | €657,132 | €714,908 | €510,160 | €422,610 | ▼ 17.2% |
| Fixed assets21/28 | €439,159 | €400,719 | €360,601 | €320,589 | €274,958 | ▼ 14.2% |
| Tangible fixed assets22/27 | €439,159 | €400,719 | €360,601 | €320,589 | €274,958 | ▼ 14.2% |
| Land and buildings22 | €437,310 | €398,678 | €359,310 | €319,678 | €274,425 | ▼ 14.2% |
| Plant, machinery and equipment23 | €1,849 | €2,041 | €1,290 | €912 | €533 | ▼ 41.5% |
| Current assets29/58 | €169,102 | €256,413 | €354,308 | €189,570 | €147,651 | ▼ 22.1% |
| Amounts receivable within one year40/41 | €317 | €317 | - | - | €176 | - |
| Other amounts receivable41 | €317 | €317 | - | - | €176 | - |
| Cash at bank and in hand54/58 | €168,786 | €256,097 | €342,807 | €178,069 | €141,905 | ▼ 20.3% |
| Deferred charges and accrued income490/1 | - | - | €11,501 | €11,501 | €5,571 | ▼ 51.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €608,261 | €657,132 | €714,908 | €510,160 | €422,610 | ▼ 17.2% |
| Equity10/15 | €499,032 | €544,021 | €456,400 | €370,386 | €418,715 | ▲ 13.0% |
| Contributions10/11 | €204,661 | €204,661 | €204,661 | €204,661 | €204,661 | = |
| Capital10 | €204,661 | €204,661 | €204,661 | €204,661 | €204,661 | = |
| Issued capital100 | €204,661 | €204,661 | €204,661 | €204,661 | €204,661 | = |
| Reserves13 | €214,723 | €259,712 | €172,091 | €165,725 | €214,054 | ▲ 29.2% |
| Non-distributable reserves130/1 | €11,547 | €13,797 | €23,566 | €20,466 | €26,321 | ▲ 28.6% |
| Legal reserve130 | €11,547 | €13,797 | €23,566 | €20,466 | €26,321 | ▲ 28.6% |
| Tax-exempt reserves132 | €97,390 | €97,390 | - | - | - | - |
| Distributable reserves133 | €105,786 | €148,525 | €148,525 | €145,259 | €187,733 | ▲ 29.2% |
| Profit (loss) carried forward14 | €79,648 | €79,648 | €79,648 | - | - | - |
| Amounts payable17/49 | €109,229 | €113,111 | €258,509 | €139,773 | €3,895 | ▼ 97.2% |
| Amounts payable after more than one year17 | €107,205 | €107,205 | €107,205 | - | - | - |
| Other amounts payable178/9 | €107,205 | €107,205 | €107,205 | - | - | - |
| Amounts payable within one year42/48 | €1,059 | €4,869 | €151,303 | €137,427 | €3,808 | ▼ 97.2% |
| Trade debts44 | €1,059 | €707 | €13,263 | €452 | €3,808 | ▲ 742% |
| Suppliers440/4 | €1,059 | €707 | €13,263 | €452 | €3,808 | ▲ 742% |
| Taxes, remuneration and social security45 | - | €4,162 | €25,565 | €2,327 | - | - |
| Taxes450/3 | - | €4,162 | €25,565 | €2,327 | - | - |
| Other amounts payable47/48 | - | - | €112,475 | €134,648 | - | - |
| Accrued charges and deferred income492/3 | €965 | €1,037 | - | €2,346 | €87 | ▼ 96.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18,413 | €44,988 | €24,854 | €48,634 | €48,329 | ▼ 0.6% |
| + Depreciation and write-downs630 | €61,412 | €61,586 | €53,382 | €46,928 | €45,631 | ▼ 2.8% |
| Operating cash flow (approximation) | €79,824 | €106,575 | €78,235 | €95,562 | €93,960 | ▼ 1.7% |
| Investment in fixed assets (approximation) | - | -€23,146 | -€13,263 | -€6,916 | €0 | ▲ 100% |
| Change in cash | - | €87,311 | €86,710 | -€164,738 | -€36,164 | ▲ 78.0% |
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
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24075B0309/00B000 | Flanders | 4,454 m² | 1 · 191 m² | 10.4 m · 2 fl. |
| 23544D0465/00G000 | Flanders | 382 m² | 1 · 187 m² | 9.4 m · 2 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.