FRAVOOL !

Active

Non-profit associationfounded 2019active for 7 yearsLange Ridderstraat 8, 2800 Mechelen, BelgiumKBO/BCE: BE 0734.921.686

Summary

FRAVOOL ! has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €45,645 and a net result of -€9,888. Its solvency ranks better than 55% of 2,592 sector peers (NACE 85, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow Report Compare

FRAVOOL !ActiveChecked score 94/100

Risk analysis Report Compare

Activity

Other education

NACE 85599

1 site

Size

≈ €240,000turnover 2025, estimated

Staff: ≈ 1.7 FTE, estimated
Equity: €45,645
Deficit: -€9,888

Turnover estimated from the gross margin

Financial health

94 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: < 0.1%

Structure

2025 accounts 115 days early1 of 2 deeds summarised

Why 94lowers riskLegal form: non-profit associationLiquidity: current ratio 5.31, cash €70,853Sector: Education (NACE 85)Size: total assets €91,688Show the evidence

Checked score

Score 2025

94 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 52% of its sector peers (NACE 85, micro)

Every signal that counts is listed under Signals.

Financial strength

Average

Solvency 75

equity 49.8% of total assets

Liquidity 95

short-term debt 17.8% · cash 77.3%

Profitability 5

return on assets -10.8%

Bankruptcy probability, 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (3,813 companies, NACE 85, micro)

Last 24 months 11-2024: < 0.1%highest value 12-2024: < 0.1%● unchanged vs 11-2024 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 10-2025 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: < 0.1%● unchanged vs 04-2026lowest value 06-2026: < 0.1%● unchanged vs 05-2026lowest value 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value

Credit of up to €4,000 on 30-day terms is acceptable

Liquidity ample (current ratio 5.31, above the usual 1.5; short-term debt: 17.8% and cash: 77.3% of total assets), but 50.2% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 85, micro): better than 53% on solvency, 88% on liquidity and 14% on profitability.

The bankruptcy probability was computed on 27-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskneutral

Legal form: non-profit association

KBO

Liquidity: current ratio 5.31, cash €70,853

NBB · annual accounts

Sector: Education (NACE 85)

KBO

Size: total assets €91,688

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-04-2026, 115 days ahead of the deadline.

NBB · 1 filing

Deviation from the deadline

2025

115 days early

← before the deadline after the deadline →

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

07-04-2026 Annual accounts filedfinancial year 2025 · micro…
30-07-2024 Amendment of the articlesBoard composition

Key points

Caution: Among the weakest 14% on net resultsector median €7,281 · 2,594 companies -€9,888 View
Flemish supportawarded in 2025 €106,885 View
Total assets 2025first financial year filed €91,688 View

By topic

Financials

Financial year: 2025
Total assets: €91,688
Loss: -€9,888
Solvency: 49.8%

Go to Financials

Timeline

Events: 2
Since: 2024

Go to Timeline

Company details

Sites: 1

Legal form: Non-profit association
Activity: Other educationNACE 85599
Founded: 26-09-2019
Year ends: 31-12
Peppol: Not found in the Peppol directory

Go to Company details

Articles of association

Provisions read: 37

Who signs: Each director alone
Purpose: “Het promoten en bevorderen van de sportieve en (vreemde)taalontwikkeling van…” (deed in Dutch)

Go to Articles of association

Key facts about FRAVOOL !

What is the company number of FRAVOOL !?: 0734.921.686. In Belgium the VAT number is the company number with BE in front: BE 0734.921.686.
Where is FRAVOOL ! based?: The registered office is at Lange Ridderstraat 8, 2800 Mechelen.Company details
What does FRAVOOL ! do?: According to the KBO register, the main activity is other education (NACE 85599).
What is the legal form of FRAVOOL !?: Non-profit association (VZW).
When was FRAVOOL ! founded?: On 26-09-2019.
Is FRAVOOL ! still active?: Yes, FRAVOOL ! is an active enterprise in the KBO register.
What is the turnover of FRAVOOL !?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is FRAVOOL ! profitable?: In financial year 2025, FRAVOOL ! made a loss of €9,888.
Where can I find the annual accounts of FRAVOOL !?: FRAVOOL ! filed 1 annual account with the National Bank of Belgium, for financial year 2025.