Equity
€250,974 ▲ 5.1%
FRAVECON paid out €50,000 in dividends. That is 80% of the 2025 profit.
FRAVECON
Lifetime
6 annual accounts with figures on one time axispeak €92,139 (2023)
€83,206▲ 1.9%
peak €62,150 (2025)
€62,150▲ 39.8%
peak €250,974 (2025)
€250,974▲ 5.1%
€59,125▲ 457%
Board1 name since 2019
1 directorWINDELS Frank Omer Joseph
Documentsfilings and deeds
24-11-2025157 days before the deadline
2025micro format
Result from €44,445 to €62,150Dividend €50,000Debts from €10,609 to €59,125Investments €14,361Cash from €67,935 to €120,510
Key points
from the 2025 annual accountsTurnover
≈ €170,000 estimated
The micro format states no turnover.
Investments
€14,361 2.0 × depreciation
Green is investment, beige is depreciation.
Liquidity
4.63 was 21.37 in 2024
Short-term debts rose from €10,223 to €58,729.
Filings
6 annual accounts since 2020
The last five annual accounts were filed 74 to 157 days before the end of the period.
Starting capital
€3,500
Checked score
96
Excellent
Financially stronger than 72% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025highest value
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: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Liquidity: current ratio 4.63, cash €120,510
Equity €250,974 (80.9% of total assets)
Size: total assets €310,098
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 70, micro). It does better than 86% of them on solvency, 87% on liquidity, 63% on profitability and 51% 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 30-09-2025.
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, 26,972 companies had the same profile as FRAVECON has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of FRAVECON itself is lower: < 0.1% within 12 months. It rests on far more data about FRAVECON than the profile alone.
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 26,972 companies, not a prediction for FRAVECON. 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 €24,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.63 (21.37 in 2024), above the usual 1.5. Short-term debt is 18.9% and cash 38.9% of total assets. 19.1% 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
5 signals, none raises the risk
Five signals.
lowers riskneutral
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 24-11-2025, 157 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
157 days early
2024
155 days early
2023
74 days early
2022
93 days early
2021
106 days early
2020
72 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 110 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 14 January (4 of the last 5 accounts filed within 49 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end10-11-2026 today30-04-2027 deadline
Board and ownership
- WINDELS Frank Omer Joseph founderdeed of 05-09-2019
- Frank Windelsdeed of 05-09-2019
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0733637526
First establishment
Slabbaardstraat-Zuid 53, Izegem
Incorporation
Founding capital of €3,500 · Founder: WINDELS Frank Omer Joseph · Appointment: WINDELS Frank Omer Joseph (director) · published on 05-09-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FRAVECON Izegem | €310,098 | €83,206 | 80.9% | - |
| Blue Tree Wevelgem | €291,554 | €75,834 | 70.7% | - |
| 4WARD INVEST Gistel | €356,841 | €84,412 | 34.6% | - |
| Planetary Logic Bruges | €293,677 | €70,960 | 31.5% | - |
| AIDERA Ichtegem | €281,617 | €73,670 | 57.6% | - |
| Corelan Consulting Harelbeke | €309,153 | €69,935 | 95.2% | - |
| SOCONIMMO Nieuwpoort | €252,251 | €82,415 | 2.2% | - |
These companies have the same main activity as FRAVECON: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €252,000 and €357,000, founded between 2019 and 2020.
Official details
Source: KBO- Status
- Active since 03-09-2019Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.293.343.4828870 Izegem, since 05-09-2019
- Financial year end
- 30 September
- Peppol
- Reachable since 04-01-2026
Annual accounts to 30-09-2025
- €310,098▲ 24.3%
- Filing
- Filed on 24-11-2025, 157 days before the end of the filing period
Insights on FRAVECON
FRAVECON files the micro format. That format states no turnover. The gross margin fell from €89,682 in 2020 to €83,206 in 2025.
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 FRAVECON
- What is the company number of FRAVECON?
- The company number of FRAVECON is 0733.637.526. The VAT number is the same number with BE in front: BE 0733.637.526.
- Where is FRAVECON based?
- The registered office is at Slabbaardstraat-Zuid 53, 8870 Izegem.Company details
- What does FRAVECON do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of FRAVECON?
- FRAVECON is a private limited company (BV).
- When was FRAVECON founded?
- FRAVECON was founded on 03-09-2019.
- Is FRAVECON still active?
- Yes, FRAVECON is an active enterprise in the KBO register.
- What is the turnover of FRAVECON?
- The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €83,206 and 120 comparable companies (NACE 70200). It probably lies between €130,000 and €220,000.Financials
- Is FRAVECON profitable?
- In financial year 2025, FRAVECON made a profit of €62,150.
- Where can I find the annual accounts of FRAVECON?
- FRAVECON filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FRAVECON due?
- FRAVECON must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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