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FRECOM

Active Risk: not assessed
Private limited companyfounded 200917 years activeManestraat 116, 8870 Izegem, BelgiumKBO/BCE: BE 0814.794.060
Summary

FRECOM is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €763,483 and a net result of €25,235. Equity is growing by ~13.3% per year across the filed fiscal years. Its solvency ranks better than 24% of 6,174 sector peers (NACE 64, fiscal year 2024). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.

History

FRECOM was incorporated on 23 June 2009.1 Total assets rose from €729,122 in 2018 to €3.2m in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

Acts, filings and financial milestones

2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
30-09
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 61 days late
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial Highest result since 2018net €125,561 ▲82.5%
Operating result €163,546, net result €125,561, both a record.
31-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial Back to profitnet €68,792
Net result €68,792 after one loss-making year.
31-12
Financial Equity above €500,000Eq €554,062 ▲38.8%
Equity rises from €399,153 to €554,062.
30-09
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 61 days late
2020
31-12
Financial Weakest financial yearnet -€29,675
Net result drops to -€29,675, the lowest in the series; recovery starts the following year.
31-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
10-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
11-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
2016
25-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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