FREJU
The computed 12-month bankruptcy probability of FREJU is 0.7% (low). The 2024 annual accounts show negative equity (€-16k) and a net result of €47k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 17% of 1215 sector peers (fiscal year 2024). The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-16k |
| Net result | €47k |
| Better than sector | 17% |
| Active | 24 yrs |
Fragile profile, watch profitability in particular.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -2.6% | 20.4% | |
| Net result | €47k | €26k | |
| Equity | €-16k | €142k | |
| Gross operating margin | €112k | €217k | |
| Total assets | €625k | €765k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €108k |
| Net profit | €47k |
| Cash flow | €94k |
| Staff costs | - |
| Income taxes | €171 |
| Dividends | - |
| Total assets | €625k |
| Equity | €-16k |
| Debt | €641k |
| of which ≤ 1y | €351k |
| of which > 1y | €291k |
| Working capital | €-125k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.64 |
| Quick ratio | 0.64 |
| Working capital ratio | -20.0% |
| Solvency | -2.6% |
| Debt / equity | -39.36 |
| Long-term debt ratio | -17.85 |
| Interest coverage | 7.64 |
| Gross margin | - |
| Net margin | - |
| ROA | 7.4% |
| ROE | -285.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €625k |
| Fixed assets | 21/28 | €400k |
| Tangible fixed assets | 22/27 | €149k |
| Financial fixed assets | 28 | €250k |
| Current assets | 29/58 | €225k |
| Amounts receivable within one year | 40/41 | €160k |
| Cash & bank | 54/58 | €65k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €625k |
| Equity | 10/15 | €-16k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €29k |
| Accumulated profits (losses) | 14 | €-64k |
| Amounts payable | 17/49 | €641k |
| Amounts payable after one year | 17 | €291k |
| Amounts payable within one year | 42/48 | €351k |
| Trade debts payable within one year | 44 | €482 |
| Income statement | ||
| Gross operating margin | 9900 | €112k |
| Operating result | 9901 | €61k |
| Financial charges | 65 | €14k |
| Result before taxes | 9903 | €47k |
| Income taxes | 67/77 | €171 |
| Net result for the period | 9904 | €47k |
| Result to be appropriated | 9905 | €47k |
| NACE primary | Retail trade(47221) |
| Legal form | Private limited company(610) |
| Incorporation | 18-07-2002 |
| Status | Active |
| Postal code | 9070 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44028D0532/00C000 | Flanders | 3,383 m² | 1 · 271 m² | 7.7 m · 2 fl. |
| 44010A0548/00G004 | Flanders | 380 m² | 1 · 156 m² | 11.4 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
27-12-2023 Articles of association amended
Technical details
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"name_change": {
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"seat_change": {
"changed": true
},
"object_change": {
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},
"subject_company": {
"kbo": "0478.025.896",
"name_full": "FREJU"
},
"legal_form_change": {
"new": "BV",
"old": "SPRL",
"changed": false
}
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | FREJU |