FRéLOCHANE
ActiveFinancials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 30-01-2026 PDF all 15 filings
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result for 2025 is 24% lower than in 2024 and the lowest since 2021.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Use the arrow keys on the chart for the figures per year.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.05m | €0.02m | €0.008m | €0.008m | €0.008m | - | - | - |
| Other operating charges640/8 | - | - | - | €0.004m | €0.004m | €0.004m | €0.005m | ▲ 16.5% |
| Gross operating margin9900 | €0.4m | €0.4m | €1.0m | €1.1m | €0.8m | €1.0m | €0.8m | ▼ 23.5% |
| Operating profit (loss)9901 | €0.4m | €0.4m | €1.0m | €1.1m | €0.8m | €1.0m | €0.7m | ▼ 23.7% |
| Financial income75/76B | - | - | - | €0.04m | €0.05m | €0.08m | €0.1m | ▲ 49.5% |
| Recurring financial income75 | €0.01m | €0.03m | €0.03m | €0.04m | €0.05m | €0.08m | €0.1m | ▲ 49.5% |
| Financial charges65/66B | - | - | - | €0.003m | €0.001m | €0.002m | €0.002m | ▼ 12.9% |
| Recurring financial charges65 | €0.003m | €0.003m | €0.003m | €0.003m | €0.001m | €0.002m | €0.002m | ▼ 12.9% |
| Profit (loss) for the period before taxes9903 | €0.4m | €0.5m | €1.0m | €1.2m | €0.8m | €1.1m | €0.9m | ▼ 18.3% |
| Income taxes67/77 | €0.1m | €0.2m | €0.3m | €0.4m | €0.3m | €0.3m | €0.3m | ▼ 18.5% |
| Profit (loss) for the period9904 | €0.2m | €0.3m | €0.7m | €0.8m | €0.6m | €0.7m | €0.6m | ▼ 18.1% |
| Profit (loss) for the period to be appropriated9905 | €0.2m | €0.3m | €0.7m | €0.8m | €0.6m | €0.7m | €0.6m | ▼ 18.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €1.7m | €1.9m | €3.0m | €3.7m | €3.2m | €3.9m | €4.1m | ▲ 4.0% |
| Fixed assets21/28 | €0.05m | €0.03m | €0.02m | €0.009m | €0.001m | €0.001m | €0.001m | = |
| Intangible fixed assets21 | €0.006m | - | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €0.04m | €0.02m | €0.02m | €0.008m | - | - | - | - |
| Furniture and vehicles24 | - | - | - | €0.008m | - | - | - | - |
| Financial fixed assets28 | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Current assets29/58 | €1.7m | €1.9m | €2.9m | €3.7m | €3.2m | €3.9m | €4.1m | ▲ 4.0% |
| Amounts receivable after more than one year29 | - | - | - | €1.6m | €1.8m | €0.2m | €0.2m | = |
| Other amounts receivable291 | - | - | - | €1.6m | €1.8m | €0.2m | €0.2m | = |
| Amounts receivable within one year40/41 | €0.9m | €1.1m | - | €0.5m | €0.6m | €2.2m | €2.9m | ▲ 35.1% |
| Trade receivables40 | - | - | - | €0.5m | €0.5m | €0.4m | €0.4m | ▼ 17.8% |
| Other amounts receivable41 | - | - | - | - | €0.09m | €1.7m | €2.6m | ▲ 48.7% |
| Current investments50/53 | - | - | - | - | €0.6m | - | €0.9m | - |
| Cash at bank and in hand54/58 | €0.1m | €0.2m | €0.9m | €1.4m | €0.1m | €1.4m | €0.03m | ▼ 97.7% |
| Deferred charges and accrued income490/1 | - | - | - | €0.2m | €0.2m | €0.3m | €0.1m | ▼ 53.0% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €1.7m | €1.9m | €3.0m | €3.7m | €3.2m | €3.9m | €4.1m | ▲ 4.0% |
| Equity10/15 | €1.2m | €1.5m | €2.2m | €3.0m | €2.8m | €3.3m | €3.7m | ▲ 10.4% |
| Contributions10/11 | €0.006m | - | - | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Reserves13 | €1.2m | €1.5m | €2.2m | €3.0m | €2.8m | €3.3m | €3.7m | ▲ 10.4% |
| Non-distributable reserves130/1 | - | - | - | €0.04m | €0.04m | €0.04m | €0.04m | = |
| Reserves not available under the articles1311 | - | - | - | €0.04m | €0.04m | €0.04m | €0.04m | = |
| Distributable reserves133 | - | - | - | €2.9m | €2.8m | €3.3m | €3.6m | ▲ 10.5% |
| Provisions and deferred taxes16 | €0.1m | - | - | - | - | - | - | - |
| Amounts payable17/49 | €0.4m | €0.4m | €0.8m | €0.7m | €0.4m | €0.6m | €0.4m | ▼ 31.2% |
| Amounts payable after more than one year17 | €0.01m | - | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €0.4m | €0.4m | €0.8m | €0.7m | €0.4m | €0.6m | €0.4m | ▼ 31.4% |
| Financial debts43 | - | - | - | - | - | €0.08m | - | - |
| Credit institutions430/8 | - | - | - | - | - | €0.08m | - | - |
| Trade debts44 | €0.3m | €0.3m | €0.3m | €0.4m | €0.3m | €0.3m | €0.3m | ▲ 2.0% |
| Suppliers440/4 | - | - | - | €0.4m | €0.3m | €0.3m | €0.3m | ▲ 2.0% |
| Taxes, remuneration and social security45 | - | - | - | €0.2m | €0.06m | €0.2m | €0.07m | ▼ 62.7% |
| Taxes450/3 | - | - | - | €0.2m | €0.06m | €0.2m | €0.07m | ▼ 62.7% |
| Other amounts payable47/48 | - | - | - | €0.04m | €0.02m | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €0.008m | €0.004m | €0.004m | €0.004m | = |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.2m | €0.3m | €0.7m | €0.8m | €0.6m | €0.7m | €0.6m | ▼ 18.1% |
| + Depreciation and write-downs630 | €0.05m | €0.02m | €0.008m | €0.008m | €0.008m | - | - | - |
| Operating cash flow (approximation) | €0.3m | €0.3m | €0.7m | €0.8m | €0.6m | €0.7m | €0.6m | ▼ 18.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €0.05m | €0.7m | €0.5m | -€1.3m | €1.3m | -€1.3m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 17,811 companies had the same profile as FRéLOCHANE has now. Two years later, 0.3% had gone bankrupt and 96.5% were still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of FRéLOCHANE itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,811 companies, not a prediction for FRéLOCHANE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | abbreviated format | 30-01-2026 | 2026-00020911 | |
| 30-06-2024 | abbreviated format | 10-01-2025 | 2025-00002905 | |
| 30-06-2023 | abbreviated format | 16-01-2024 | 2024-00002057 | |
| 30-06-2022 | abbreviated format | 31-01-2023 | 2023-00011073 | |
| 30-06-2021 | abbreviated format | 20-01-2022 | 2022-01400100 | |
| 30-06-2020 | abbreviated format | 27-01-2021 | 2021-01800469 | |
| 30-06-2019 | abbreviated format | 19-01-2020 | 2020-01600008 | |
| 30-06-2018 | abbreviated format | 14-01-2019 | 2019-00900088 | |
| 30-06-2017 | abbreviated format | 19-01-2018 | 2018-01700379 | |
| 30-06-2016 | abbreviated format | 11-01-2017 | 2017-00800078 |