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FREDINCO

Active
Private limited companyfounded 201412 yrs activeGentseweg 506, 8793 Waregem, BelgiumKBO/BCE: BE 0555.715.572
Summary

FREDINCO has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €44.3m and a net result of €11.4m. Equity is growing by ~11.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is < 0.1% (very low).

Overview

Activity
Activity not known1 site
Size
€45.2mtotal assets 2025
Equity
€44.3m
Profit
€11.4m
Turnover not published (abridged schema)
Financial health
97 Excellent Checked score 2025
Bankruptcy chance 12 m
< 0.1%
Structure
Holdings
1
Accounts 45 d early0 of 3 deeds read
Why 97- Liquidity: current ratio 36.71, cash €311,731, halved+ Size: total assets €45.2m+ Founded in 2014+ No main activity registeredShow the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Better than 80% of its sector peers (no NACE code, large)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency 100=
equity 98.0% of total assets
Liquidity 51-8
short-term debt 2.0% · cash 0.7%
Profitability 100+33
return on assets 25.1%
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).

Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%▲ +4.3% vs 11-2024 01-2025: < 0.1%▼ -27.1% vs 12-2024 02-2025: < 0.1%● 0.0% vs 01-2025 03-2025: < 0.1%▲ +8.6% vs 02-2025 04-2025: < 0.1%● 0.0% vs 03-2025 05-2025: < 0.1%● 0.0% vs 04-2025 06-2025: < 0.1%▼ -2.6% vs 05-2025 07-2025: < 0.1%● 0.0% vs 06-2025 08-2025: < 0.1%▼ -2.7% vs 07-2025 09-2025: < 0.1%● 0.0% vs 08-2025 10-2025: < 0.1%▼ -5.6% vs 09-2025lowest value 11-2025: < 0.1%▲ +2.9% vs 10-2025 12-2025: < 0.1%▲ +2.9% vs 11-2025 01-2026: 0.1%▲ +41.7% vs 12-2025 02-2026: 0.1%● 0.0% vs 01-2026 03-2026: 0.1%▲ +5.9% vs 02-2026highest value 04-2026: < 0.1%▼ -9.3% vs 03-2026 05-2026: < 0.1%● 0.0% vs 04-2026 06-2026: < 0.1%● 0.0% vs 05-2026 07-2026: < 0.1%● 0.0% vs 06-2026 08-2026: < 0.1%● 0.0% vs 07-2026 09-2026: < 0.1%● 0.0% vs 08-2026 10-2026: < 0.1%▼ -2.0% vs 09-2026
  • Size: total assets €45.2m lowers the probability for this profile
  • Liquidity: current ratio 36.71, cash €311,731, halved raises the probability
  • Founded in 2014 lowers the probability for this profile
  • No main activity registered lowers the probability
Credit up to €4,250,000 at 30 days acceptable
Liquidity ample (current ratio 36.71 against 10.28 in 2024; short-term debt: 2% and cash: 0.7% of total assets), and 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 (no NACE code, large). Better than this share of them on solvency 67%, liquidity 68%, profitability 98%, growth against the median 86%. 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

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €45.2m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 36.71, cash €311,731, halved
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 2014
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · No main activity registered
In the bankruptcy model this factor lowers the probability.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 17-12-2025, 45 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
45 d early
2024
54 d early
2023
58 d early
2022
47 d early
2021
45 d early
2020
55 d early
2019
49 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 50 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 15 December (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close04-10-2026 today31-01-2027 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 · abbreviated…
  2. Highest result since 2019net €11.4m ▲170%
  3. Liquidity quadruplescurrent ratio 36.71

Key points

  • Positive: Result rose in 2025from €4.2m to €11.4m ▲ 170% View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €11.4m 7 years View

By topic

Financials

Fiscal year
2025
Total assets
€45.2m
Profit
€11.4m
Solvency
98.0%
Total assets▲ 28.2%
Net result
20192025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-01-2027
  1. 17-12-2025Annual accounts filed
  2. 30-06-2025Highest result since 2019
  3. 30-06-2025Liquidity quadruples
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Founded
04-07-2014
Year ends
30-06
Peppol
Not found in the Peppol directory
Go to Company details

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