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FRED ART'S

Active
Private limited companyfounded 2018active for 8 yearsBouveriestraat 17B, 7700 Mouscron, BelgiumKBO/BCE: BE 0712.730.561
Summary

The computed 12-month bankruptcy probability of FRED ART'S is 4.1% (elevated). The annual accounts of FRED ART'S for financial year 2024 show a net loss of 61% of the equity at the start of that year. The 2024 annual accounts show equity of €18,977 and a net result of -€29,820. Equity has been growing by about 16% per year since 2019. Its solvency ranks better than 12% of 2,406 sector peers (NACE 25, financial year 2024). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 30-10-2018 Normal situation
Activity
Manufacture of fabricated metal products, except machinery and equipment NACE 25999and 1 other
Establishment unit
2.281.289.649 7700 Mouscron, since 30-10-2018
Financial year end
31 December
Peppol
Reachable since 24-11-2025

Board and ownership

Board

Financial position

46 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
4.1%
Annual accounts 2024
Gross margin
€243,669
▼ 6.8%
Turnover
≈ €610,000
estimated
Loss
€29,820
Equity
€18,977
▼ 61.1%
Total assets
€328,249
▲ 10.5%
Employees on 31-12-2024
5
=
  • 2025 accounts not filed, 96 days past the deadline
Score breakdownraises riskFigures for financial year 2024 (filed on 22-08-2025)1 financial year not filed after the legal deadline; last filed accounts filed 21 days lateLoss of €29,820 (financial year 2024)lowers riskSize: total assets €328,249Show the evidence

Checked score

Score 2024
46 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 9% of micro companies in fabricated metal products (NACE 25)
Financial strength · tick: 2023
Weak
Solvency 31-10
equity 5.8% of total assets
Liquidity 15-10
short-term debt 67.2% · cash 0.5%
Profitability 7-35
return on assets -9.1%
Bankruptcy probability within 12 months
4.1% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,708 companies, NACE 25, micro)
Last 24 months 12-2024: 2.3% 01-2025: 2.3%● unchanged vs 12-2024 02-2025: 2.1%▼ -0.2 percentage points vs 01-2025 03-2025: 2.1%● unchanged vs 02-2025 04-2025: 2.2%▲ +0.1 percentage points vs 03-2025 05-2025: 2.1%▼ -0.1 percentage points vs 04-2025 06-2025: 2.0%▼ -0.1 percentage points vs 05-2025 07-2025: 2.1%▲ +0.1 percentage points vs 06-2025 08-2025: 3.0%▲ +0.9 percentage points vs 07-2025 09-2025: 1.7%▼ -1.3 percentage points vs 08-2025 10-2025: 1.7%● unchanged vs 09-2025 11-2025: 1.7%● unchanged vs 10-2025 12-2025: 1.7%● unchanged vs 11-2025 01-2026: 1.7%● unchanged vs 12-2025 02-2026: 1.7%● unchanged vs 01-2026 03-2026: 1.7%● unchanged vs 02-2026 04-2026: 1.7%● unchanged vs 03-2026 05-2026: 1.7%● unchanged vs 04-2026 06-2026: 1.6%▼ -0.1 percentage points vs 05-2026lowest value 07-2026: 1.7%▲ +0.1 percentage points vs 06-2026 08-2026: 2.3%▲ +0.6 percentage points vs 07-2026 09-2026: 2.5%▲ +0.2 percentage points vs 08-2026 10-2026: 4.1%▲ +1.6 percentage points vs 09-2026highest value 11-2026: 4.1%● unchanged vs 10-2026highest value
Credit of up to €500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.75 (0.84 in 2023), below 1. Short-term debt is 67.2% and cash 0.5% of total assets. 94.2% of the assets are financed with debt and provisions.
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 25, micro). It does better than 11% of them on solvency, 8% on liquidity, 9% on profitability and 6% on growth.

The bankruptcy probability was computed on 04-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 22-08-2025)
NBB · annual accounts
lowers risk · Size: total assets €328,249
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 21 days late
NBB · filings
raises risk · Loss of €29,820 (financial year 2024)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 2406 sector peers (2024).
NBB · sector comparison
Position among 2406 sector peers
Solvency
better than 12%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 96 days later.
NBB · 6 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline04-11-2026 today
raises risk · 2024 accounts filed 21 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-08-2025, 21 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 6 filings
Deviation from the deadline
2025
not filed
2024
21 days late
2023
30 days late
2022
29 days late
2021
30 days late
2020
65 days late
2019
29 days late
← 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 34 days after the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 94% of companies in fabricated metal productssector median €11,260 · 2,408 companies -€29,820 View

Recent changes

  1. · Gazette deed Change of role: Frédéric LOOF, from manager to director186 shares
  2. · Gazette deed Incorporation
All 10 events

Comparable companies

These companies have the same main activity as FRED ART'S: manufacture of fabricated metal products, except machinery and equipment (NACE 25999). They are comparable in size and age: total assets between €207,000 and €507,000, founded between 2015 and 2020.

CompanyTotal assetsGross margin
FRED ART'S Mouscron€328,249€243,669
SLG URBAN SOLUTIONS Ath€424,804€252,073
Dorenberg Herselt€495,372€218,547
NWOOD Mouscron€506,748€121,581
LMB BELGIUM Oudsbergen€442,574€175,038
F. POWER SOLUTIONS Genappe€360,634€123,952
FERRONNERIE D'ART SAINT-LEONARD Liège€207,190€253,860
Full comparison

Key facts about FRED ART'S

What is the company number of FRED ART'S?
The company number of FRED ART'S is 0712.730.561. The VAT number is the same number with BE in front: BE 0712.730.561.
Where is FRED ART'S based?
The registered office is at Bouveriestraat 17B, 7700 Mouscron.Company details
What does FRED ART'S do?
According to the KBO register, the main activity is manufacture of fabricated metal products, except machinery and equipment (NACE 25999).
What is the legal form of FRED ART'S?
The legal form of FRED ART'S is Private limited company (BV).
When was FRED ART'S founded?
FRED ART'S was founded on 30-10-2018.
Is FRED ART'S still active?
Yes, FRED ART'S is an active enterprise in the KBO register.
How many employees does FRED ART'S have?
FRED ART'S had an average of 5.4 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of FRED ART'S?
The turnover in financial year 2024 is ≈ €610,000. This figure is estimated from the gross margin of €243,669 and 2,215 comparable companies of the same size. It probably lies between €410,000 and €940,000. It is a rough estimate.
Is FRED ART'S profitable?
In financial year 2024, FRED ART'S made a loss of €29,820.
Where can I find the annual accounts of FRED ART'S?
FRED ART'S filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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