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FREKO VENTURES

Active
Private limited companyfounded 2025active for 1 yearGebanne-Groezenstraat 95, 3500 Hasselt, BelgiumKBO/BCE: BE 1019.548.192
Summary

The computed 12-month bankruptcy probability of FREKO VENTURES is 3.7% (moderate). The 2025 annual accounts show negative equity (-€3,033) and a net result of -€4,033. Its solvency ranks better than 8% of 21,956 sector peers (NACE 47, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Retail sale of household furniture
NACE 47551
1 site
Size
€2,262total assets 2025
Equity
-€3,033
Loss
-€4,033
Turnover not published (micro format)
Financial health
46 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.7%
Structure
Accounts filed 58 days late0 of 1 deed read
Why 46raises riskFounded in 2025Latest accounts 58 days late; 1 of the last 3 lateSector: Retail trade (NACE 47)lowers riskSize: total assets €2,262Show the evidence

Checked score

Score 2025
46 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 6% of its sector peers (NACE 47, micro)
Financial strength
Weak
Solvency 0
equity -134.1% of total assets
Liquidity 2
short-term debt 234.1% · cash 1.9%
Profitability 0
return on assets -178.3%
Bankruptcy probability, 12 months
3.7% Moderate
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.6% (40,187 companies, NACE 47, micro)
Last 24 months 03-2026: 1.8%lowest value 04-2026: 1.9%▲ +0.1 percentage points vs 03-2026 05-2026: 1.9%● unchanged vs 04-2026 06-2026: 2.3%▲ +0.4 percentage points vs 05-2026 07-2026: 2.6%▲ +0.3 percentage points vs 06-2026 08-2026: 2.6%● unchanged vs 07-2026 09-2026: 2.9%▲ +0.3 percentage points vs 08-2026 10-2026: 3.7%▲ +0.8 percentage points vs 09-2026highest value
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 47, micro): better than 6% on solvency, 5% on liquidity and 6% on profitability.

The bankruptcy probability was computed on 10-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Founded in 2025
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Size: total assets €2,262
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Latest accounts 58 days late; 1 of the last 3 late
NBB · filings
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-09-2026, 58 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2025
58 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2025.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€3,033 View
  • Caution: Among the weakest 8% on solvencysector median 33.7% · 21,956 companies -134.1% View
  • Total assets 2025first financial year filed €2,262 View

By topic

Financials

Financial year
2025
Total assets
€2,262
Loss
-€4,033
Solvency
-134.1%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Retail sale of household furnitureNACE 47551
Founded
03-02-2025
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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