FREM
The computed 12-month bankruptcy probability of FREM is 6.6% (elevated). The 2024 annual accounts show negative equity (€-86k) and a net result of €62k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 11044 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-86k |
| Net result | €62k |
| Better than sector | 5% |
| Active | 5 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 | -160.3% | 40.9% | |
| Net result | €62k | €11k | |
| Equity | €-86k | €34k | |
| Gross operating margin | €77k | €35k | |
| Total assets | €54k | €93k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €76k |
| Net profit | €62k |
| Cash flow | €67k |
| Staff costs | - |
| Income taxes | €5 |
| Dividends | - |
| Total assets | €54k |
| Equity | €-86k |
| Debt | €139k |
| of which ≤ 1y | €118k |
| of which > 1y | €11k |
| Working capital | €-85k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.28 |
| Quick ratio | 0.20 |
| Working capital ratio | -159.6% |
| Solvency | -160.3% |
| Debt / equity | -1.62 |
| Long-term debt ratio | -0.13 |
| Interest coverage | 7.68 |
| Gross margin | - |
| Net margin | - |
| ROA | 115.4% |
| ROE | -72.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | 69d |
| Inventory turnover | 22.26 |
| Days inventory (DSI) | 16d |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €54k |
| Fixed assets | 21/28 | €21k |
| Tangible fixed assets | 22/27 | €12k |
| Financial fixed assets | 28 | €9k |
| Current assets | 29/58 | €33k |
| Stocks & contracts in progress | 3 | €10k |
| Amounts receivable within one year | 40/41 | €23k |
| Cash & bank | 54/58 | €26 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €54k |
| Equity | 10/15 | €-86k |
| Contributions / capital | 10/11 | €3k |
| Reserves | 13 | €11k |
| Accumulated profits (losses) | 14 | €-99k |
| Amounts payable | 17/49 | €139k |
| Amounts payable after one year | 17 | €11k |
| Amounts payable within one year | 42/48 | €118k |
| Trade debts payable within one year | 44 | €40k |
| Income statement | ||
| Gross operating margin | 9900 | €77k |
| Operating result | 9901 | €71k |
| Financial income | 75 | €342 |
| Financial charges | 65 | €10k |
| Result before taxes | 9903 | €62k |
| Income taxes | 67/77 | €5 |
| Net result for the period | 9904 | €62k |
| Result to be appropriated | 9905 | €62k |
| NACE primary | Specialised construction(43240) |
| Legal form | Private limited company(610) |
| Incorporation | 11-10-2020 |
| Status | Active |
| Postal code | 3470 |
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. |
|---|---|---|---|---|
| 24054C0432/00A002 | Flanders | 1,996 m² | 1 · 299 m² | 8.7 m · 1 fl. |
| 24593G0055/00C000 | Flanders | 623 m² | 1 · 590 m² | 16.6 m · 2 fl. |
| 71053H0767/00S000 | Flanders | 558 m² | 1 · 151 m² | 14.6 m · 3 fl. |
| 24662H0504/00H000 | Flanders | 388 m² | 1 · 133 m² | 13.0 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | FREM |