Fremach International

Active

Public limited companyfounded 2006active for 20 yearsIndustrielaan 1, 3590 Diepenbeek, BelgiumKBO/BCE: BE 0881.858.474

Summary

Fremach International has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €70.8m and a net result of €19.4m. Equity remains stable across the filed financial years (±2.1% per year). Its solvency ranks better than 30% of 229 sector peers (NACE 22, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow Report Compare

Fremach InternationalActiveChecked score 89/100

Risk analysis Report Compare

Activity

Manufacture of rubber and plastic products

NACE 22260

Largest company by total assets in Diepenbeek1 site

Size

€18.6mturnover 2025

Staff: 76.6 FTE
Equity: €70.8m
Profit: €19.4m

Financial health

89 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.1%

Structure

Parent: ELEX · 99.99%
Holdings: 10

Elex NVDirector · permanent representative Marieke Höfte
Lieven de TurckDirector

Auditor: EYBedrijfsrevisorenBV2025 accounts 44 days early3 of 23 deeds summarised

Why 89raises riskLiquidity: current ratio 0.65, cash €8.3m, halvedlowers riskFounded in 2006Size: turnover €18.6m, 76.6 FTE, total assets €201.5mFigures for financial year 2025 (filed 17-06-2026)Show the evidence

Checked score

Score 2025

89 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 34% of its sector peers (NACE 22, medium-sized)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Average

Solvency 60+9

equity 35.1% of total assets

Liquidity 25-4

short-term debt 58.6% · cash 4.1%

Profitability 61+10

return on assets 9.6%

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (77 companies, NACE 22, medium-sized)

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: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.6%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.1%▼ -0.5 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.2%▲ +0.1 percentage points vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.1%▼ -0.1 percentage points vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.2%▲ +0.1 percentage points vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.1%▼ -0.1 percentage points vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value

Credit of up to €1,850,000 on 30-day terms is acceptable

Liquidity insufficient (current ratio 0.65, compared with 0.61 in 2024, below 1; short-term debt: 58.6% and cash: 4.1% of total assets), and 64.9% of the assets are financed with debt and provisions.

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 22, medium-sized): better than 36% on solvency, 17% on liquidity, 33% on profitability and 50% on growth.

The bankruptcy probability was computed on 25-10-2026 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

Liquidity: current ratio 0.65, cash €8.3m, halved

NBB · annual accounts

Founded in 2006

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Size: turnover €18.6m, 76.6 FTE, total assets €201.5m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Figures for financial year 2025 (filed 17-06-2026)

NBB · annual accounts

Growing equity

Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.

NBB · annual accounts 2025

Equity per financial year

1819202122232425

2018 to 2025 · latest year €70.8m

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-06-2026, 44 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

44 days early

2024

15 days early

2023

2 days early

2022

11 days early

2021

26 days late

2020

27 days late

2019

95 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 11 days after the deadline; the sector median (NACE 22) for financial year 2024 is 14 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)

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 20 July (4 of the last 5 filed years within 33 days of that day).

Companies Code · seven months

Where today falls in the filing period

26-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

14-07-2026 Reappointment: Lieven de Turck (director)Gazette deed
17-06-2026 Annual accounts filedfinancial year 2025 · full…
31-12-2025 Back to profitnet €19.4m

Key points

Positive: Back in profit in 2025after -€2.5m in 2024 €19.4m View
Positive: Largest company by total assets in Diepenbeekin the Checked rankings No. 1 View
Controlled by ELEXknown shareholders 100% 99.99% View
Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

By topic

Financials

Financial year: 2025
Turnover: €18.6m
Profit: €19.4m
Solvency: 35.1%

Turnover▼ 21.7%

Net result

20182025

Go to Financials

Board & ownership

Board: 2 members
Parent: ELEX · 99.99%
Known shareholders: 100%
Auditor: EYBedrijfsrevisorenBV

Elex NVDirector
Lieven de TurckDirector

Go to Board & ownership

Network & group

Subsidiaries: 8
Direct holdings: 10

10 holdings

Go to Network & group

Timeline

Events: 25
Since: 2008
Next accounts: by 31-07-2027

08-10-2025Reappointments: Elex NV (director) and Roland Duchâtelet…
16-07-2025Annual accounts filed
01-04-2025Appointment: EYBedrijfsrevisorenBV (statutory auditor)

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Manufacture of rubber and plastic productsNACE 22260
Founded: 14-06-2006
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 1

See the provisions in the deeds

Go to Articles of association

Key facts about Fremach International

What is the company number of Fremach International?: 0881.858.474. In Belgium the VAT number is the company number with BE in front: BE 0881.858.474.
Where is Fremach International based?: The registered office is at Industrielaan 1, 3590 Diepenbeek.Company details
What does Fremach International do?: According to the KBO register, the main activity is manufacture of rubber and plastic products (NACE 22260).
What is the legal form of Fremach International?: Public limited company (NV).
When was Fremach International founded?: On 14-06-2006.
Is Fremach International still active?: Yes, Fremach International is an active enterprise in the KBO register.
How many employees does Fremach International have?: On average 76.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Fremach International?: €18.6m in financial year 2025, according to the filed annual accounts.
Is Fremach International profitable?: In financial year 2025, Fremach International made a profit of €19.4m.
Where can I find the annual accounts of Fremach International?: Fremach International filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Fremach International due?: By 31-07-2027, for financial year 2026.Timeline