FRELAMCO
ActiveFRELAMCO has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.69M and a net result of €178k. Equity is growing by ~12.6% per year across the filed fiscal years. Its solvency ranks better than 78% of 13898 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
93
/ 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability53▼-47
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €160k at 30 days acceptable
Liquidity ample (current ratio 3.63 against 6.25 in 2024), and 31% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
69%
Return on assets
7.3%
Age of the figures
17 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 03-10-2025, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
36 d early
2023
13 d early
2022
4 d late
2021
4 d late
2020
10 d late
2019
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close13-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.69M▲ 3.4%
2024 · €1.63M
2019: €697k
2020: €855k
2021: €1.28M
2022: €1.31M
2023: €1.44M
2024: €1.63M
2019 → 2025
Total assets
€2.44M▲ 14.5%
2024 · €2.13M
2019: €1.57M
2020: €1.63M
2021: €2.20M
2022: €1.84M
2023: €2.05M
2024: €2.13M
2019 → 2025
Net result
€178k▼ 47.9%
2024 · €342k
2019: €122k
2020: €158k
2021: €472k
2022: €175k
2023: €234k
2024: €342k
2019 → 2025
Working capital
€768k▼ 20.6%
2024 · €967k
2019: €249k
2020: €382k
2021: €748k
2022: €906k
2023: €880k
2024: €967k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.28M-€1.31M▲ 2.7%€1.44M▲ 10.2%€1.63M▲ 12.9%€1.69M▲ 3.4%
Operating result€709k-€266k▼ 62.4%€348k▲ 30.8%€501k▲ 43.8%€268k▼ 46.6%
Net result€472k-€175k▼ 62.8%€234k▲ 33.2%€342k▲ 46.2%€178k▼ 47.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 47% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.44M
Fixed assets
€1.38M▲ 40.8%
Current assets
€1.06M▼ 8.0%
Equity and liabilities €2.44M
Equity
€1.69M▲ 3.4%
Provisions
€12k=
Debt
€746k▲ 51.4%
The debt ratio rises from 23.1% to 30.5%: debt grows faster than equity.
Key figures and ratios
EBITDA
€380k▼
2024 · €566k
Cash flow
€290k▼
2024 · €407k
Solvency
69.0%▼
2024 · 76.3%
Current ratio
3.63▼
2024 · 6.25
Quick ratio
3.63▼
2024 · 6.25
Debt / equity
0.44▲
2024 · 0.30
ROE
10.6%▼
2024 · 21.0%
ROA
7.3%▼
2024 · 16.0%
Interest coverage
15.61▼
2024 · 38.10
Debt
€746k▲
2024 · €493k
Debt ≤ 1 year
€292k▲
2024 · €184k
Debt > 1 year
€454k▲
2024 · €309k
Income taxes
€79k▼
2024 · €156k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.13M€2.44M▲
Fixed assets21/28€983k€1.38M▲
Tangible fixed assets22/27€923k€1.26M▲
Land and buildings22€825k€1.17M▲
Plant, machinery and equipment23€13k€19k▲
Furniture and vehicles24€86k€71k▼
Financial fixed assets28€60k€120k▲
Current assets29/58€1.15M€1.06M▼
Amounts receivable within one year40/41€223k€387k▲
Trade receivables40€186k€48k▼
Other amounts receivable41€37k€339k▲
Current investments50/53€9k€21k▲
Cash at bank and in hand54/58€913k€645k▼
Deferred charges and accrued income490/1€6k€7k▲
Equity and liabilities
Total equity and liabilities10/49€2.13M€2.44M▲
Equity10/15€1.63M€1.69M▲
Contributions10/11€18k€18k=
Reserves13€1.61M€1.67M▲
Tax-exempt reserves132€21k€21k=
Distributable reserves133€1.59M€1.65M▲
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€12k€12k=
Provisions for liabilities and charges160/5€12k€12k=
Pensions and similar obligations160€12k€12k=
Amounts payable17/49€493k€746k▲
Amounts payable after more than one year17€309k€454k▲
Financial debts170/4€309k€454k▲
Amounts payable within one year42/48€184k€292k▲
Current portion of amounts payable after more than one year42€72k€99k▲
Trade debts44€3k€6k▲
Suppliers440/4€3k€6k▲
Advances received on contracts in progress46€4k€4k=
Taxes, remuneration and social security45€41k€7k▼
Taxes450/3€41k€7k▼
Remuneration and social security454/9€0-
Other amounts payable47/48€65k€175k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€65k€112k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0€-1k▼
Other operating charges640/8€21k€10k▼
Gross operating margin9900€588k€389k▼
Operating profit (loss)9901€501k€268k▼
Financial income75/76B€11k€14k▲
Recurring financial income75€11k€14k▲
Financial charges65/66B€15k€24k▲
Recurring financial charges65€15k€24k▲
Profit (loss) for the period before taxes9903€497k€257k▼
Income taxes67/77€156k€79k▼
Profit (loss) for the period9904€342k€178k▼
Profit (loss) for the period to be appropriated9905€342k€178k▼
Appropriation of the result
Profit (loss) to be appropriated9906€342k€178k▼
Transfer from equity791/2€156k€122k▼
Transfer to equity691/2€342k€178k▼
To other reserves6921€342k€178k▼
Profit to be distributed694/7€156k€122k▼
Return on contributions (dividend)694€156k€122k▼
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
03-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
18-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
04-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 4 days late
31-03
Financial
Liquidity triplescurrent ratio 8.04
Current ratio from 2.60 to 8.04; short-term debt falls from €467k to €129k.
2021
04-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 4 days late
31-03
Financial
Highest result since 2019net €472k ▲199%
Operating result €709k, net result €472k, both a record.
31-03
Financial
Equity above €1MEq €1.28M ▲49.3%
3 profitable years in a row build equity to €1.28M.
2020
10-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 10 days late
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
26-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
30-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
19-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are 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, Jabbeke · 1 establishment unit since 2008
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Flamincka Park 38490 JabbekeGround area
5,119 m²
Building footprint
497 m²
Volume, LiDAR
1,533 m³
Parcel 31012A0800/00P000, Flanders · tallest building 12.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Frelamco
since 20082.169.164.874
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31012A0800/00P000 | Flanders | 5,119 m² | 1 · 497 m² | 12.7 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 1,452 EUR awarded · 1,452 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 1,452 EUR | 1,452 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
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COMED
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Taxa Bouw
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Kontich · Eq €1.69M
QUBIX
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Of 7,288 companies in sector 68110 we hold annual accounts for 5,354. 2,806 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-12-2006
Fiscal year end31-03
Activities, NACEBEL
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.