Equity
€182,817 from €1.2m in 2005
Equity fell by 85% in 19 years.
FREMAR
Lifetime
18 annual accounts with figures on one time axis, 34 filings since 1987peak €71,456 (2013)
-€2,612▲ €2,953
lowest -€151,342 (2024)
-€151,342▼ €148,743
peak €1.2m (2005)
€182,817
€305,361▲ 9.7%
peak 0.7 FTE (2006)
-not published
Board3 names since 2018
1 director
Owners
Documentsfilings and deeds
21-08-2026386 days late
2024micro format
Gross margin from -€5,565 to -€2,612Loss of €151,342Cash from €116 to €0
Key points
from the 2024 annual accountsResult
-€151,342 ▼ 5,723%
The result fell in 2024 from -€2,599 to -€151,342.
Filings
34 annual accounts 35 filings, 105 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 926 companies had the same profile as FREMAR has now. Each dot stands for 3 companies, two years later.
90.0%
were still trading
9.0%
stopped another way
1.1%
went bankrupt
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 926 companies, not a prediction for FREMAR. 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.
Credit verdict
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Signals
Recent changes
Resignations & appointments
General meeting of 07-06-2019 · Gazette deed
Resignation: (director)
Appointment: (director) · Director discharge: · General meeting of 24-12-2018 · Gazette deed
Resignation: (director)
Director discharge: · General meeting of 01-11-2017 · Gazette deed
General meeting of 15-06-2015
Gazette deed
Official details
Source: KBO- Status
- Active since 31-03-1987Normal situation
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.031.602.9391120 Brussels, since 22-05-1987
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on FREMAR
FREMAR files the micro format. That format states no turnover. The gross margin fell from €48,589 in 2005 to -€2,612 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about FREMAR
- What is the company number of FREMAR?
- The company number of FREMAR is 0430.715.434. The VAT number is the same number with BE in front: BE 0430.715.434.
- Where is FREMAR based?
- The registered office is at Binsterweg 119, 4700 Eupen.Company details
- What is the legal form of FREMAR?
- FREMAR is a public limited company (NV).
- When was FREMAR founded?
- FREMAR was founded on 31-03-1987.
- Is FREMAR still active?
- Yes, FREMAR is an active enterprise in the KBO register.
- What is the turnover of FREMAR?
- The annual accounts for financial year 2024 state no turnover. The micro format does not require it.Financials
- Is FREMAR profitable?
- In financial year 2024, FREMAR made a loss of €151,342.
- Where can I find the annual accounts of FREMAR?
- FREMAR filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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