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FRELOT

Active
Public limited companyfounded 2007active for 19 yearsGrote Baan 56-58, 2380 Ravels, BelgiumKBO/BCE: BE 0891.346.856

From the official registers: KBO 19 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

FRELOT has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €116,651 and a net result of -€47,844. Equity has been stable since 2018 (±0.3% per year). Its solvency ranks better than 20% of 5,036 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 1.5% (low).

Overview

Official details

KBO
Status
Active since 09-08-2007 Normal situation
Activity
Non-specialised retail sale with food, beverages or tobacco predominating NACE 47110
Establishment unit
2.165.417.013 2380 Ravels, since 01-10-2007
Financial year end
31 December
Peppol
Reachable since 15-11-2024

Board and ownership

Board
  • Van Erck LutgartDirector · since 03-08-2007
Shareholders

Financial position

62 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.5%
Annual accounts 2025
Gross margin
€387,479
▼ 28.9%
Turnover
≈ €3.7m
estimated
Loss
€47,844
Equity
€116,651
▼ 29.1%
Total assets
€1.3m
▲ 28.8%
Staff
7 FTE
▼ 5.4%
Filed on 11-09-2026, 42 days after the deadlineat the National Bank
Score breakdownraises riskEquity €116,651 (9.1% of total assets)Last filed accounts filed 42 days late; 2 of the last 3 accounts lateLoss of €47,844 (financial year 2025)lowers riskFounded in 2007Show the evidence

Checked score

Score 2025
62 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 22% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Weak
Solvency 34-7
equity 9.1% of total assets
Liquidity 32-17
short-term debt 69.5% · cash 15.1%
Profitability 14-67
return on assets -3.7%
Bankruptcy probability within 12 months
1.5% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,270 companies, NACE 47, micro)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.4%▼ -0.1 percentage points vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025 08-2025: 0.4%▼ -0.1 percentage points vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026lowest value 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.8%▲ +0.4 percentage points vs 07-2026 09-2026: 0.9%▲ +0.1 percentage points vs 08-2026 10-2026: 1.5%▲ +0.6 percentage points vs 09-2026highest value
Credit of up to €7,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.02 (1.56 in 2024), below the usual 1.5. Short-term debt is 69.5% and cash 15.1% of total assets. 90.9% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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). It does better than 26% of them on solvency, 29% on liquidity, 19% on profitability and 16% on growth.

The bankruptcy probability was computed on 31-10-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Equity €116,651 (9.1% of total assets)
NBB · annual accounts
raises risk · Last filed accounts filed 42 days late; 2 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 2007
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Loss of €47,844 (financial year 2025)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 5036 sector peers (2025).
NBB · sector comparison
Position among 5036 sector peers
Solvency
better than 20%
← weakest strongest →
raises risk · 2025 accounts filed 42 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-09-2026, 42 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filings
Deviation from the deadline
2025
42 days late
2024
13 days early
2023
14 days late
2022
47 days early
2021
1 day early
2020
16 days early
2019
8 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 4 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 July (4 of the last 5 accounts filed within 43 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: From profit to loss in 2025after a profit of €95,720 in 2024 -€47,844 View
  • Caution: Lower net result than 84% of companies in retail tradesector median €39,952 · 5,035 companies -€47,844 View

Comparable companies

These companies have the same main activity as FRELOT: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €1m and €1.5m, founded between 2005 and 2011.

CompanyTotal assetsGross margin
FRELOT Ravels€1.3m€0.4m
LTL FRESH FOOD I Zonhoven€1.2m€0.4m
ANGLEDIS Liège€1.1m€0.3m
LAMBERTDIS Manhay€1.4m€0.4m
CITYLUX Sint-Pieters-Woluwe€1.0m€0.5m
KUYPERS LINKEROEVER Wuustwezel€1.5m€0.5m
Arendonk Food & Convenience Arendonk€1.1m€0.4m
Full comparison

Documents

Annual accounts at the NBB

All 19 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about FRELOT

What is the company number of FRELOT?
The company number of FRELOT is 0891.346.856. The VAT number is the same number with BE in front: BE 0891.346.856.
Where is FRELOT based?
The registered office is at Grote Baan 56-58, 2380 Ravels.Company details
What does FRELOT do?
According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
What is the legal form of FRELOT?
The legal form of FRELOT is Public limited company (NV).
When was FRELOT founded?
FRELOT was founded on 09-08-2007.
Is FRELOT still active?
Yes, FRELOT is an active enterprise in the KBO register.
How many employees does FRELOT have?
FRELOT had an average of 7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of FRELOT?
The turnover in financial year 2025 is ≈ €3.7m. This figure is estimated from the gross margin of €387,479 and 44 comparable companies (NACE 47110). It probably lies between €3.0m and €5.0m.
Is FRELOT profitable?
In financial year 2025, FRELOT made a loss of €47,844.
Where can I find the annual accounts of FRELOT?
FRELOT filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of FRELOT due?
FRELOT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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