FREJO
ActiveSummary
The computed 12-month bankruptcy probability of FREJO is 4.2% (elevated). The 2024 annual accounts show equity of €46k and a net result of €-4k. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes
Profitability36
Solvency34
Growth-
Track record79
Bankruptcy probability, 12 months
4.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days only on tighter terms
short-term debt: 0% and cash: 0.2% of total assets, and 91.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
8.7%
Return on assets
-0.8%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-08-2025, 11 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filingDeviation from the deadline
2024
11 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€46k
Total assets
€526k
Net result
€-4k
Working capital
€526k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Balance-sheet composition
Equity and liabilities €526k
Equity
€46k
Debt
€480k
Debt finances 91.3% of the balance-sheet total.
Key figures and ratios
Quick ratio
8.77
Debt to equity
10.46
ROE
-8.9%
ROA
-0.8%
Debt ≤ 1 year
€138
Debt > 1 year
€480k
A ratio outside any meaningful range has been withheld (balance sheet total €526k, equity €46k).
Filed annual accounts As filed with the NBB · 2024 · 24 lines
Balance sheet
Code2024
Assets
Total assets20/58€526k
Current assets29/58€526k
Stocks and contracts in progress3€525k
Stocks30/36€525k
Cash at bank and in hand54/58€1k
Equity and liabilities
Total equity and liabilities10/49€526k
Equity10/15€46k
Contributions10/11€50k
Profit (loss) carried forward14€-4k
Amounts payable17/49€480k
Amounts payable after more than one year17€480k
Financial debts170/4€480k
Amounts payable within one year42/48€138
Trade debts44€138
Suppliers440/4€138
Income statement
Code2024
Other operating charges640/8€2k
Gross operating margin9900€-2k
Operating profit (loss)9901€-4k
Financial charges65/66B€72
Recurring financial charges65€72
Profit (loss) for the period before taxes9903€-4k
Profit (loss) for the period9904€-4k
Profit (loss) for the period to be appropriated9905€-4k
Appropriation of the result
Profit (loss) to be appropriated9906€-4k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2024 |
|---|---|
| Other operating charges640/8 | €2k |
| Gross operating margin9900 | €-2k |
| Operating profit (loss)9901 | €-4k |
| Financial charges65/66B | €72 |
| Recurring financial charges65 | €72 |
| Profit (loss) for the period before taxes9903 | €-4k |
| Profit (loss) for the period9904 | €-4k |
| Profit (loss) for the period to be appropriated9905 | €-4k |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €526k | |
| Current assets29/58 | €526k | |
| Stocks and contracts in progress3 | €525k | |
| Stocks30/36 | €525k | |
| Cash at bank and in hand54/58 | €1k | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €526k | |
| Equity10/15 | €46k | |
| Contributions10/11 | €50k | |
| Profit (loss) carried forward14 | €-4k | |
| Amounts payable17/49 | €480k | |
| Amounts payable after more than one year17 | €480k | |
| Financial debts170/4 | €480k | |
| Amounts payable within one year42/48 | €138 | |
| Trade debts44 | €138 | |
| Suppliers440/4 | €138 | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | €-4k |
| Operating cash flow (approximation) | €-4k |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 11 days late
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Zandhoven · 1 establishment unit since 2023
Ground area
647 m²
Building footprint
140 m²
Volume, LiDAR
1 m³
Parcel 11054B0412/00F000, Flanders · tallest building 0.1 m. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
FREJO
since 20232.348.644.172
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11054B0412/00F000 | Flanders | 647 m² | 1 · 140 m² | 0.1 m |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company
Founded25-08-2023
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.