FRAVECON
ActiveSummary
FRAVECON has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €251k and a net result of €62k. Equity is growing by ~26.7% per year across the filed fiscal years. Its solvency ranks better than 77% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability94▲+3
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity ample (current ratio 4.63 against 21.37 in 2024; short-term debt: 18.9% and cash: 38.9% of total assets), and 19.1% of the assets are financed with debt.
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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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
80.9%
Return on assets
20%
Age of the figures
12 mo
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 d early
2024
155 d early
2023
74 d early
2022
93 d early
2021
106 d early
2020
72 d early
← before the deadline
after the deadline →
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
25-09-2026 today30-09-2026 close30-04-2027 deadline
History
Financials · fiscal year 2025, micro schema
Equity
€251k▲ 5.1%
2024 · €239k
Total assets
€310k▲ 24.3%
2024 · €249k
Net result
€62k▲ 39.8%
2024 · €44k
Working capital
€213k▲ 2.3%
2024 · €208k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€72k▲ 4.8%€65k▼ 9.9%€68k▲ 3.9%€63k▼ 7.4%€75k▲ 19.6%
Net result€50k▲ 4.6%€45k▼ 10.3%€47k▲ 3.8%€44k▼ 5.4%€62k▲ 39.8%
Equity€102k▲ 97.5%€147k▲ 44.3%€194k▲ 31.9%€239k▲ 22.9%€251k▲ 5.1%
Total assets€162k▲ 22.1%€195k▲ 20.5%€220k▲ 12.7%€249k▲ 13.3%€310k▲ 24.3%
Debt€60k▼ 26.0%€48k▼ 20.0%€26k▼ 46.3%€11k▼ 58.9%€59k▲ 457%
Working capital€70k▲ 208%€123k▲ 76.7%€150k▲ 21.5%€208k▲ 38.8%€213k▲ 2.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 20% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €310k
Fixed assets
€38k ▲ 23.7%
Current assets
€272k ▲ 24.4%
Equity and liabilities €310k
Equity
€251k ▲ 5.1%
Debt
€59k ▲ 457%
Debt's share of the balance-sheet total rises from 4.3% to 19.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€82k▲
2024 · €80k
Cash flow
€69k▲
2024 · €61k
Current ratio
4.63▼
2024 · 21.37
Debt to equity
0.24▲
2024 · 0.04
ROE
24.8%▲
2024 · 18.6%
ROA
20.0%▲
2024 · 17.8%
Interest coverage
89.06▲
2024 · 79.85
Debt ≤ 1 year
€59k▲
2024 · €10k
Income taxes
€17k▼
2024 · €20k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €240 | €150 | ▼ 37.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17k | €17k | €23k | €17k | €7k | ▼ 58.6% |
| Other operating charges640/8 | - | €2k | €2k | €2k | €1k | ▼ 39.8% |
| Gross operating margin9900 | €91k | €84k | €92k | €82k | €83k | ▲ 1.9% |
| Operating profit (loss)9901 | €72k | €65k | €68k | €63k | €75k | ▲ 19.6% |
| Financial income75/76B | - | - | €0 | €2k | €5k | ▲ 110% |
| Recurring financial income75 | - | - | €0 | €2k | €5k | ▲ 110% |
| Financial charges65/66B | - | €361 | €277 | €997 | €920 | ▼ 7.7% |
| Recurring financial charges65 | €410 | €361 | €277 | €997 | €920 | ▼ 7.7% |
| Profit (loss) for the period before taxes9903 | €72k | €65k | €67k | €64k | €79k | ▲ 23.4% |
| Income taxes67/77 | €21k | €19k | €20k | €20k | €17k | ▼ 14.2% |
| Profit (loss) for the period9904 | €50k | €45k | €47k | €44k | €62k | ▲ 39.8% |
| Profit (loss) for the period to be appropriated9905 | €50k | €45k | €47k | €44k | €62k | ▲ 39.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €162k | €195k | €220k | €249k | €310k | ▲ 24.3% |
| Fixed assets21/28 | €52k | €35k | €46k | €31k | €38k | ▲ 23.7% |
| Tangible fixed assets22/27 | €52k | €35k | €46k | €31k | €38k | ▲ 23.7% |
| Land and buildings22 | - | - | €28k | €27k | €26k | ▼ 2.9% |
| Furniture and vehicles24 | - | €11k | €6k | €4k | €12k | ▲ 216% |
| Leasing and similar rights25 | - | €24k | €11k | €0 | - | - |
| Current assets29/58 | €110k | €161k | €175k | €219k | €272k | ▲ 24.4% |
| Amounts receivable within one year40/41 | - | - | €3k | €0 | €777 | - |
| Trade receivables40 | - | - | €3k | €0 | €45 | - |
| Other amounts receivable41 | - | - | - | - | €732 | - |
| Current investments50/53 | - | - | - | €150k | €150k | = |
| Cash at bank and in hand54/58 | €109k | €160k | €171k | €68k | €121k | ▲ 77.4% |
| Deferred charges and accrued income490/1 | - | €542 | €555 | €588 | €575 | ▼ 2.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €162k | €195k | €220k | €249k | €310k | ▲ 24.3% |
| Equity10/15 | €102k | €147k | €194k | €239k | €251k | ▲ 5.1% |
| Contributions10/11 | - | €4k | €4k | €4k | €4k | = |
| Reserves13 | €99k | €144k | €191k | €235k | €247k | ▲ 5.2% |
| Distributable reserves133 | - | €144k | €191k | €235k | €247k | ▲ 5.2% |
| Profit (loss) carried forward14 | - | - | - | - | €0 | - |
| Amounts payable17/49 | €60k | €48k | €26k | €11k | €59k | ▲ 457% |
| Amounts payable after more than one year17 | €20k | €10k | €793 | €0 | - | - |
| Financial debts170/4 | - | €10k | €793 | €0 | - | - |
| Amounts payable within one year42/48 | €40k | €37k | €25k | €10k | €59k | ▲ 474% |
| Current portion of amounts payable after more than one year42 | - | €9k | €9k | €793 | €0 | ▼ 100% |
| Trade debts44 | €2k | €2k | €2k | €2k | €1k | ▼ 34.6% |
| Suppliers440/4 | - | €2k | €2k | €2k | €1k | ▼ 34.6% |
| Taxes, remuneration and social security45 | - | €26k | €13k | €8k | €7k | ▼ 0.7% |
| Taxes450/3 | - | €26k | €13k | €8k | €7k | ▼ 0.7% |
| Other amounts payable47/48 | - | - | - | - | €50k | - |
| Accrued charges and deferred income492/3 | - | €345 | €374 | €385 | €396 | ▲ 2.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €50k | €45k | €47k | €44k | €62k | ▲ 39.8% |
| + Depreciation and write-downs630 | €17k | €17k | €23k | €17k | €7k | ▼ 58.6% |
| Operating cash flow (approximation) | €68k | €63k | €70k | €61k | €69k | ▲ 12.6% |
| Investment in fixed assets (approximation) | - | €0 | €-34k | €-2k | €-14k | ▼ 508% |
| Change in cash | - | €51k | €11k | €-103k | €53k | ▲ 151% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
24-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-09
Financial
Highest result since 2020net €62k ▲39.8%
Operating result €75k, net result €62k, both a record.
2024
26-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-09
Financial
Weakest financial yearnet €44k ▼5.4%
Net result drops to €44k, the lowest in the series; recovery starts the following year.
30-09
Financial
Liquidity triplescurrent ratio 21.37
Current ratio from 7.09 to 21.37; short-term debt falls from €25k to €10k.
30-09
Financial
Equity above €200kEq €239k ▲22.9%
5 profitable years in a row build equity to €239k.
16-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Equity above €150kEq €194k ▲31.9%
4 profitable years in a row build equity to €194k.
27-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
14-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Equity above €100kEq €102k ▲97.5%
2 profitable years in a row build equity to €102k.
17-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Izegem · 1 establishment unit since 2019
Ground area
2,196 m²
Building footprint
279 m²
Volume, LiDAR
1,920 m³
Parcel 36008C0106/00M000, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FRAVECON
since 20192.293.343.482
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36008C0106/00M000 | Flanders | 2,196 m² | 1 · 279 m² | 10.5 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.
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Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 38,898 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
Founded03-09-2019
Fiscal year end30-09
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.