Skip to content

FREMACH IZEGEM

Active
Public limited companyfounded 198739 yrs activeOude Iepersestraat 107, 8870 Izegem, BelgiumKBO/BCE: BE 0431.601.203
Summary

FREMACH IZEGEM has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.8m and a net result of -€1.0m. Equity is growing by ~9.1% per year across the filed fiscal years. Its solvency ranks better than 15% of 192 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability15▼-5
Solvency42▼-7
Growth41▼-15
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €160,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.32 against 1.04 in 2024; short-term debt: 82.3% and cash: 0.2% of total assets), and 82.5% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 39 years 0 40 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 22
Relative position
BE, all sectors
reference
Manufacture of rubber and plastic products (NACE 22)
about 50% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
17.5%
Return on assets
-4.8%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 192 sector peers (2025).
NBB · sector comparison
Position among 192 sector peers
Solvency
better than 15%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-05-2026, 65 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
65 d early
2024
30 d early
2023
64 d early
2022
60 d early
2021
62 d early
2020
58 d early
2019
45 d 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 42 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 34% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 30 May (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 13 July 1987, FREMACH IZEGEM was incorporated.1 Revenue went from EUR 13 million in 2018 to EUR 9.4 million in 2025 and headcount from 97.6 to 58.6 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, full schema

Turnover
€9.4m▲ 2.6%
2024 · €9.1m
EBIT margin
-12.0%▲ 9.5pp
2024 · -21.6%
Net result
-€1.0m
2024 · €1.9m
Working capital
-€12.2m
2024 · €569,607
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 22, Manufacture of rubber and plastic products, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€9.9m▲ 3.3%€11.3m▲ 14.4%€10.9m▼ 3.3%€9.1m▼ 16.2%€9.4m▲ 2.6%
Operating result-€618,511-€1.2m▼ 94.6%-€1.3m▼ 4.6%-€2.0m▼ 56.5%-€1.1m▲ 42.7%
Net result-€683,324below the sector's middle half-€1.4mbelow the sector's middle half▼ 99.3%-€307,647below the sector's middle half▲ 77.4%€1.9mabove the sector's middle half-€1.0mbelow the sector's middle half
EBIT margin-6.3%▼ 6.9pp-10.7%▼ 4.4pp-11.5%▼ 0.9pp-21.6%▼ 10.0pp-12.0%▲ 9.5pp
Equity€1.6mwithin the sector's middle half▼ 29.9%€238,221below the sector's middle half▼ 85.1%€2.9mwithin the sector's middle half▲ 1,130%€4.9mwithin the sector's middle half▲ 65.9%€3.8mwithin the sector's middle half▼ 21.6%
Total assets€8.9mwithin the sector's middle half▲ 35.3%€10.4mwithin the sector's middle half▲ 16.6%€26.3mabove the sector's middle half▲ 153%€20.3mwithin the sector's middle half▼ 22.9%€21.8mwithin the sector's middle half▲ 7.9%
Debt€7.3m▲ 70.2%€10.0m▲ 38.3%€23.3m▲ 132%€15.4m▼ 34.0%€18.0m▲ 17.2%
Working capital-€1.8mbelow the sector's middle half▼ 248%-€3.9mbelow the sector's middle half▼ 113%-€1.2mbelow the sector's middle half▲ 69.0%€569,607within the sector's middle half-€12.2mbelow the sector's middle half
Solvency18.0%below the sector's middle half▼ 16.7pp2.3%below the sector's middle half▼ 15.7pp11.2%below the sector's middle half▲ 8.9pp24.0%below the sector's middle half▲ 12.9pp17.5%below the sector's middle half▼ 6.5pp
Current ratio0.68below the sector's middle half▼ 0.170.57below the sector's middle half▼ 0.110.95below the sector's middle half▲ 0.381.04below the sector's middle half▲ 0.090.32below the sector's middle half▼ 0.71
Return on assets (ROA)-7.7%below the sector's middle half▼ 7.8pp-13.1%below the sector's middle half▼ 5.5pp-1.2%below the sector's middle half▲ 12.0pp9.5%within the sector's middle half▲ 10.7pp-4.8%below the sector's middle half▼ 14.3pp
Staff (FTE)73.3within the sector's middle half▼ 13.5%70.4within the sector's middle half▼ 4.0%71.6within the sector's middle half▲ 1.7%67within the sector's middle half▼ 6.4%58.6within the sector's middle half▼ 12.5%
above within below the middle half (P25 to P75) of NACE 22, Manufacture of rubber and plastic products, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€2.0m-€1.0m€0€1.0m€2.0mOperating result 2021: -€618,511-€618,511Net result 2021: -€683,324-€683,324Operating result 2022: -€1.2m-€1.2mNet result 2022: -€1.4m-€1.4mOperating result 2023: -€1.3m-€1.3mNet result 2023: -€307,647-€307,647Operating result 2024: -€2.0m-€2.0mNet result 2024: €1.9m€1.9mOperating result 2025: -€1.1m-€1.1mNet result 2025: -€1.0m-€1.0m20212022202320242025-€2m-€1m€0€1m€2mOperating result 2023: -€1.3m-€1.3mNet result 2023: -€307,647-€308,000Operating result 2024: -€2.0m-€2mNet result 2024: €1.9m€1.9mOperating result 2025: -€1.1m-€1.1mNet result 2025: -€1.0m-€1m202320242025
The operating result stays negative: a loss of €1.1m in 2025 against €2.0m in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €21.8m
Fixed assets €16.0m ▲ 254%
Current assets €5.8m ▼ 63.0%
Equity and liabilities €21.8m
Equity €3.8m ▼ 21.6%
Provisions €26,000 =
Debt €18.0m ▲ 17.2%
Debt's share of the balance-sheet total rises from 75.9% to 82.4%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€10,112▲
2024 · -€887,347
Cash flow
€91,812▼
2024 · €3.0m
Quick ratio
0.17▼
2024 · 0.93
Debt to equity
4.72▲
2024 · 3.16
ROE
-27.5%▼
2024 · 39.7%
Interest coverage
0.02▲
2024 · -0.71
Debt ≤ 1 year
€18.0m▲
2024 · €15.2m
Debt > 1 year
€25,368▼
2024 · €204,894
Staff costs
€3.3m▼
2024 · €3.8m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 90 lines
Balance sheet Code20242025
Assets
Total assets20/58€20.3m€21.8m▲
Fixed assets21/28€4.5m€16.0m▲
Intangible fixed assets21€37,921€57,663▲
Tangible fixed assets22/27€4.5m€3.9m▼
Land and buildings22€2.0m€1.9m▼
Plant, machinery and equipment23€1.0m€869,388▼
Furniture and vehicles24€138,500€120,305▼
Leasing and similar rights25€1.2m€675,693▼
Assets under construction and advance payments27€139,033€325,727▲
Financial fixed assets28€25,000€12.1m▲
Affiliated companies280/1-€12.1m
Participating interests280-€12.1m
Other financial fixed assets284/8€25,000€29,200▲
Amounts receivable and cash guarantees285/8€25,000€29,200▲
Current assets29/58€15.7m€5.8m▼
Stocks and contracts in progress3€1.7m€2.7m▲
Stocks30/36€1.1m€1.1m▲
Raw materials and consumables30/31€849,411€903,951▲
Work in progress32€8,594€16,383▲
Finished goods33€229,139€202,062▼
Contracts in progress37€582,039€1.6m▲
Amounts receivable within one year40/41€2.6m€3.1m▲
Trade receivables40€2.5m€3.0m▲
Other amounts receivable41€123,001€95,166▼
Current investments50/53€11.3m-
Other investments51/53€11.3m-
Cash at bank and in hand54/58€118,195€41,768▼
Deferred charges and accrued income490/1€19,294€16,190▼
Equity and liabilities
Total equity and liabilities10/49€20.3m€21.8m▲
Equity10/15€4.9m€3.8m▼
Contributions10/11€5.1m€5.1m=
Capital10€5.1m€5.1m=
Issued capital100€5.1m€5.1m=
Reserves13€6,751€6,751=
Non-distributable reserves130/1€6,751€6,751=
Legal reserve130€6,751€6,751=
Profit (loss) carried forward14-€294,471-€1.3m▼
Provisions and deferred taxes16€26,000€26,000=
Provisions for liabilities and charges160/5€26,000€26,000=
Other liabilities and charges164/5€26,000€26,000=
Amounts payable17/49€15.4m€18.0m▲
Amounts payable after more than one year17€204,894€25,368▼
Financial debts170/4€204,894€25,368▼
Leasing and similar obligations172€195,924€25,368▼
Credit institutions173€8,970-
Amounts payable within one year42/48€15.2m€18.0m▲
Current portion of amounts payable after more than one year42€338,612€170,556▼
Financial debts43€53,374€8,970▼
Credit institutions430/8€53,374€8,970▼
Trade debts44€1.7m€1.1m▼
Suppliers440/4€1.7m€1.1m▼
Advances received on contracts in progress46€10,209€1.0m▲
Taxes, remuneration and social security45€511,307€479,878▼
Taxes450/3€71,693€68,028▼
Remuneration and social security454/9€439,614€411,850▼
Other amounts payable47/48€12.6m€15.2m▲
Accrued charges and deferred income492/3€6,742€5,889▼
Income statement Code20242025
Operating income70/76A€9.4m€10.1m▲
Turnover70€9.1m€9.4m▲
Change in stocks of work in progress, finished goods and contracts in progress71-€52,419-€20,363▲
Other operating income74€238,821€217,703▼
Non-recurring operating income76A€48,178€533,279▲
Operating charges60/66A€11.3m€11.2m▼
Goods for resale, raw materials and consumables60€4.0m€4.3m▲
Purchases600/8€4.2m€4.3m▲
Change in stocks: decrease (increase)609-€161,422-€37,432▲
Services and other goods61€2.2m€2.4m▲
Remuneration, social security and pensions62€3.8m€3.3m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.1m€1.1m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€80,305-€18,183▼
Provisions for liabilities and charges: additions (uses and reversals)635/8-€30,551-
Other operating charges640/8€155,165€111,772▼
Non-recurring operating charges66A€30,624€3,281▼
Operating profit (loss)9901-€2.0m-€1.1m▲
Financial income75/76B€5.2m€748,021▼
Recurring financial income75€5.2m€748,021▼
Income from current assets751€819,376€747,955▼
Other financial income752/9€4.4m€66▼
Financial charges65/66B€1.3m€666,321▼
Recurring financial charges65€1.3m€666,321▼
Debt charges650€1.3m€648,342▼
Other financial charges652/9€32,904€17,979▼
Profit (loss) for the period before taxes9903€1.9m-€1.0m▼
Income taxes67/77€18,225-
Taxes670/3€18,225-
Profit (loss) for the period9904€1.9m-€1.0m▼
Profit (loss) for the period to be appropriated9905€1.9m-€1.0m▼
Appropriation of the result
Profit (loss) to be appropriated9906-€294,471-€1.3m▼
Profit (loss) brought forward from the previous period14P-€2.2m-€294,471▲
Social balance
Average headcount (FTE)908767.058.6▼

The notes to these accounts (78 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A€10.2m€11.5m€11.6m€9.4m€10.1m▲ 7.8%
Turnover70€9.9m€11.3m€10.9m€9.1m€9.4m▲ 2.6%
Change in stocks of work in progress, finished goods and contracts in progress71€34,908€44,504€353,255-€52,419-€20,363▲ 61.2%
Other operating income74€273,562€215,884€239,531€238,821€217,703▼ 8.8%
Non-recurring operating income76A€12,305€5,143€67,617€48,178€533,279▲ 1,007%
Operating charges60/66A€10.8m€12.7m€12.8m€11.3m€11.2m▼ 0.9%
Goods for resale, raw materials and consumables60€3.9m€4.9m€5.3m€4.0m€4.3m▲ 6.4%
Purchases600/8€4.3m€5.1m€4.9m€4.2m€4.3m▲ 3.2%
Change in stocks: decrease (increase)609-€446,121-€194,184€441,468-€161,422-€37,432▲ 76.8%
Services and other goods61€2.4m€3.3m€2.7m€2.2m€2.4m▲ 7.6%
Remuneration, social security and pensions62€3.5m€3.5m€3.7m€3.8m€3.3m▼ 11.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€870,107€1.0m€1.0m€1.1m€1.1m▲ 5.2%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€15,438-€76,158€61,202€80,305-€18,183▼ 123%
Provisions for liabilities and charges: additions (uses and reversals)635/8€13,015€59,692-€50,382-€30,551--
Other operating charges640/8€74,020€77,579€112,704€155,165€111,772▼ 28.0%
Non-recurring operating charges66A--€11€30,624€3,281▼ 89.3%
Operating profit (loss)9901-€618,511-€1.2m-€1.3m-€2.0m-€1.1m▲ 42.7%
Financial income75/76B€72€1,023€1.9m€5.2m€748,021▼ 85.6%
Recurring financial income75€72€1,023€1.9m€5.2m€748,021▼ 85.6%
Income from current assets751--€693,383€819,376€747,955▼ 8.7%
Other financial income752/9€72€1,023€1.2m€4.4m€66▼ 100.0%
Financial charges65/66B€64,885€159,619€971,012€1.3m€666,321▼ 48.3%
Recurring financial charges65€64,885€159,619€971,012€1.3m€666,321▼ 48.3%
Debt charges650€63,222€158,332€918,887€1.3m€648,342▼ 48.4%
Other financial charges652/9€1,663€1,287€52,125€32,904€17,979▼ 45.4%
Profit (loss) for the period before taxes9903-€683,324-€1.4m-€295,497€1.9m-€1.0m▼ 154%
Income taxes67/77--€12,150€18,225--
Taxes670/3--€12,150€18,225--
Profit (loss) for the period9904-€683,324-€1.4m-€307,647€1.9m-€1.0m▼ 154%
Profit (loss) for the period to be appropriated9905-€683,324-€1.4m-€307,647€1.9m-€1.0m▼ 154%
Line20212022202320242025Change
Assets
Total assets20/58€8.9m€10.4m€26.3m€20.3m€21.8m▲ 7.9%
Fixed assets21/28€5.0m€5.3m€4.8m€4.5m€16.0m▲ 254%
Intangible fixed assets21-€44,737€35,191€37,921€57,663▲ 52.1%
Tangible fixed assets22/27€5.0m€5.2m€4.7m€4.5m€3.9m▼ 13.5%
Land and buildings22€1.5m€1.8m€1.6m€2.0m€1.9m▼ 6.5%
Plant, machinery and equipment23€534,410€764,055€747,005€1.0m€869,388▼ 16.0%
Furniture and vehicles24€26,824€50,120€98,253€138,500€120,305▼ 13.1%
Leasing and similar rights25€2.5m€2.1m€1.7m€1.2m€675,693▼ 41.3%
Assets under construction and advance payments27€340,043€500,467€588,785€139,033€325,727▲ 134%
Financial fixed assets28€29,200€25,000€26,500€25,000€12.1m▲ 48,313%
Affiliated companies280/1----€12.1m-
Participating interests280----€12.1m-
Other financial fixed assets284/8€29,200€25,000€26,500€25,000€29,200▲ 16.8%
Amounts receivable and cash guarantees285/8€29,200€25,000€26,500€25,000€29,200▲ 16.8%
Current assets29/58€3.9m€5.1m€21.5m€15.7m€5.8m▼ 63.0%
Stocks and contracts in progress3€1.3m€1.6m€1.4m€1.7m€2.7m▲ 61.7%
Stocks30/36€1.3m€1.6m€1.1m€1.1m€1.1m▲ 3.2%
Raw materials and consumables30/31€956,865€1.2m€736,794€849,411€903,951▲ 6.4%
Work in progress32€59,437€34,881€43,702€8,594€16,383▲ 90.6%
Finished goods33€246,206€331,707€277,951€229,139€202,062▼ 11.8%
Contracts in progress37--€369,492€582,039€1.6m▲ 171%
Amounts receivable within one year40/41€2.5m€3.2m€3.6m€2.6m€3.1m▲ 18.3%
Trade receivables40€2.4m€3.0m€3.5m€2.5m€3.0m▲ 20.3%
Other amounts receivable41€133,424€128,896€50,728€123,001€95,166▼ 22.6%
Current investments50/53--€16.4m€11.3m--
Other investments51/53--€16.4m€11.3m--
Cash at bank and in hand54/58€113,825€60,287€77,990€118,195€41,768▼ 64.7%
Deferred charges and accrued income490/1€8,993€322,672€12,329€19,294€16,190▼ 16.1%
Equity and liabilities
Total equity and liabilities10/49€8.9m€10.4m€26.3m€20.3m€21.8m▲ 7.9%
Equity10/15€1.6m€238,221€2.9m€4.9m€3.8m▼ 21.6%
Contributions10/11€2.1m€2.1m€5.1m€5.1m€5.1m=
Capital10€2.1m€2.1m€5.1m€5.1m€5.1m=
Issued capital100€2.1m€2.1m€5.1m€5.1m€5.1m=
Reserves13€6,751€6,751€6,751€6,751€6,751=
Non-distributable reserves130/1€6,751€6,751€6,751€6,751€6,751=
Legal reserve130€6,751€6,751€6,751€6,751€6,751=
Profit (loss) carried forward14-€555,388-€1.9m-€2.2m-€294,471-€1.3m▼ 356%
Provisions and deferred taxes16€47,240€106,933€56,551€26,000€26,000=
Provisions for liabilities and charges160/5€47,240€106,933€56,551€26,000€26,000=
Pensions and similar obligations160€21,240€883----
Other liabilities and charges164/5€26,000€106,050€56,551€26,000€26,000=
Amounts payable17/49€7.3m€10.0m€23.3m€15.4m€18.0m▲ 17.2%
Amounts payable after more than one year17€1.5m€1.0m€596,880€204,894€25,368▼ 87.6%
Financial debts170/4€1.5m€1.0m€596,880€204,894€25,368▼ 87.6%
Leasing and similar obligations172€1.3m€899,875€534,536€195,924€25,368▼ 87.1%
Credit institutions173€198,038€114,958€62,344€8,970--
Amounts payable within one year42/48€5.7m€9.0m€22.7m€15.2m€18.0m▲ 18.6%
Current portion of amounts payable after more than one year42€775,582€621,612€468,183€338,612€170,556▼ 49.6%
Financial debts43€474,810€135,449€52,614€53,374€8,970▼ 83.2%
Credit institutions430/8€474,810€135,449€52,614€53,374€8,970▼ 83.2%
Trade debts44€1.1m€1.5m€1.4m€1.7m€1.1m▼ 35.2%
Suppliers440/4€1.1m€1.5m€1.4m€1.7m€1.1m▼ 35.2%
Advances received on contracts in progress46--€72,501€10,209€1.0m▲ 9,998%
Taxes, remuneration and social security45€592,029€626,078€640,409€511,307€479,878▼ 6.1%
Taxes450/3€63,375€71,978€72,687€71,693€68,028▼ 5.1%
Remuneration and social security454/9€528,654€554,100€567,722€439,614€411,850▼ 6.3%
Other amounts payable47/48€2.8m€6.1m€20.1m€12.6m€15.2m▲ 21.0%
Accrued charges and deferred income492/3--€9,551€6,742€5,889▼ 12.7%
Line20212022202320242025Change
Profit (loss) for the period9904-€683,324-€1.4m-€307,647€1.9m-€1.0m▼ 154%
+ Depreciation and write-downs630€870,107€1.0m€1.0m€1.1m€1.1m▲ 5.2%
Operating cash flow (approximation)€186,783-€322,086€713,381€3.0m€91,812▼ 97.0%
Investment in fixed assets (approximation)--€1.3m-€566,211-€812,269-€12.6m▼ 1,456%
Change in cash--€53,538€17,703€40,205-€76,427▼ 290%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
27-05
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
01-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Back to profitnet €1.9m
Net result €1.9m after 3 loss-making years.
28-05
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Equity above €2mEq €2.9m ▲1,130%
Equity rises from €238,221 to €2.9m.
01-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Weakest financial yearnet -€1.4m
Net result drops to -€1.4m, the lowest in the series; recovery starts the following year.
30-05
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
03-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
14-09
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 45 days late
2019
11-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
01-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
08-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 22 acts read
About the unread acts

We know of 22 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
22 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, Izegem · 1 establishment unit since 1987
seat establishment The establishment unit on the map
Ground area
3.2 ha
Building footprint
1.8 ha
Volume, LiDAR
145,888 m³
Parcel 36494D1663/00G000, Flanders · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
STRUCTUPLAS
Oude Iepersestraat 107, 8870 IzegemManufacture of fabricated metal products, except machinery and equipment
since 19872.029.969.775
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36494D1663/00G000 Flanders 3.2 ha 1 · 1.8 ha 11.2 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Part of the group ELEX 12 companies Group, risk and exposure

Owners and holdings

1 owner

Chain of control

  1. ELEX 99.99%
  2. Fremach International 99.99%
  3. FREMACH IZEGEM

Highest known parent: ELEX. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 7 entries · 26,498 EUR awarded · 26,498 EUR paid
Year Entries awardedpaid
2025 1 511 EUR511 EUR
2024 1 5,772 EUR5,772 EUR
2023 2 9,638 EUR12,269 EUR
2022 3 10,577 EUR7,946 EUR
Schemes
4 entries · 20,117 EUR · 20,117 EUR paid · Departement Werk en Sociale Economie
1 entry · 3,750 EUR · 3,750 EUR paid · Departement Werk en Sociale Economie
2 entries · 2,631 EUR · 2,631 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Legal Entity Identifier

549300Q016IYL10OFF15
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 371 companies in sector 22210 we hold annual accounts for 294. 165 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded13-07-1987
Fiscal year end31-12
Activities, NACEBEL 2025
22210Manufacture of rubber and plastic products
29320Manufacture of motor vehicles, trailers and semi-trailers
E-invoicing
Reachable via Peppol
Peppol ID 0208:0431601203
Also 9925:BE0431601203
Registered 13-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.