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FRAXINUS

Active
Private limited companyfounded 199234 yrs activePastoor De Nevestraat 45, 9900 Eeklo, BelgiumKBO/BCE: BE 0447.971.833
Summary

FRAXINUS has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €55,078 and a net result of -€11,769. Equity is shrinking by ~7% per year across the filed fiscal years. Its solvency ranks better than 20% of 20854 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Computer consultancy and computer facilities management
NACE 62200Wholesale of information and communication equipment NACE 46500NACE 46510
#4 oldest company in Eeklo, Telecoms and IT sector1 site
Size
€292,851total assets 2025
Staff
1 FTE
Equity
€55,078
Loss
-€11,769
Turnover not published (abridged schema)
Financial health
89 Excellent Checked score 2025
Bankruptcy chance 12 m
0.1%
Structure
Accounts 49 d early0 of 1 deed read
Why 89- Liquidity: current ratio 1.14, cash €6,642+ Size: total assets €292,851+ Founded in 1992+ Sector Computer programming, consultancy and related activities (NACE 62)Show the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Better than 20% of its sector peers (NACE 62, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency 44-5
equity 18.8% of total assets
Liquidity 36+4
short-term debt 37.7% · cash 2.3%
Profitability 34+3
return on assets -4.0%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (25,634 companies)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● 0.0% vs 11-2024 01-2025: 0.4%● 0.0% vs 12-2024 02-2025: 0.4%▼ -2.8% vs 01-2025 03-2025: 0.4%▲ +0.8% vs 02-2025 04-2025: 0.4%▲ +4.5% vs 03-2025 05-2025: 0.4%▼ -4.3% vs 04-2025 06-2025: 0.4%▼ -4.0% vs 05-2025 07-2025: 0.4%▲ +20.9% vs 06-2025highest value 08-2025: 0.1%▼ -71.3% vs 07-2025 09-2025: 0.1%● 0.0% vs 08-2025 10-2025: 0.1%● 0.0% vs 09-2025 11-2025: 0.1%● 0.0% vs 10-2025 12-2025: 0.1%▼ -6.3% vs 11-2025 01-2026: 0.1%● 0.0% vs 12-2025 02-2026: 0.1%● 0.0% vs 01-2026 03-2026: 0.1%● 0.0% vs 02-2026 04-2026: 0.1%▲ +5.1% vs 03-2026 05-2026: 0.1%▼ -4.0% vs 04-2026 06-2026: 0.1%▼ -5.0% vs 05-2026 07-2026: 0.1%▲ +22.1% vs 06-2026 08-2026: 0.1%● 0.0% vs 07-2026 09-2026: 0.1%▼ -18.8% vs 08-2026lowest value 10-2026: 0.1%● 0.0% vs 09-2026lowest value
  • Size: total assets €292,851 lowers the probability for this profile
  • Founded in 1992 lowers the probability for this profile
  • Sector Computer programming, consultancy and related activities (NACE 62) lowers the probability
  • Liquidity: current ratio 1.14, cash €6,642 raises the probability
Credit up to €4,500 at 30 days acceptable
Liquidity tight (current ratio 1.14 against 0.97 in 2024; short-term debt: 37.7% and cash: 2.3% of total assets), and 81.2% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 62, micro). Better than this share of them on solvency 21%, liquidity 14%, profitability 17%, growth against the median 26%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €292,851
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Founded in 1992
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Sector Computer programming, consultancy and related activities (NACE 62)
In the bankruptcy model this factor lowers the probability.
KBO
raises risk · Liquidity: current ratio 1.14, cash €6,642
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€11,769
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 20854 sector peers (2025).
NBB · sector comparison
Position among 20854 sector peers
Solvency
better than 20%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
49 d early
2024
27 d early
2023
13 d late
2022
18 d late
2021
12 d late
2020
39 d early
2019
30 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 15 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 12 August (4 of the last 5 filed years within 39 days of that day).
Companies Code · seven months
Position in the running window
04-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Risk: 4 loss-making years in a rowloss fiscal year 2025 -€11,769 View
  • Caution: Among the weakest 9% on net resultsector median €28,744 · 20,861 companies -€11,769 View
  • Active since 1992founded 05-08-1992 34 years View

By topic

Financials

Fiscal year
2025
Total assets
€292,851
Loss
-€11,769
Solvency
18.8%
Total assets▲ 5.0%
Net result
20182025
Go to Financials

Timeline

Events
13
Since
2017
Next accounts
by 31-07-2027
  1. 12-06-2026Annual accounts filed
  2. 04-07-2025Annual accounts filed
  3. 13-08-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Computer consultancy and computer facilities managementNACE 62200
Founded
05-08-1992
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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