Summary
FREMAR is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €1.1m and a net result of €102,512. Equity is growing by ~12% per year across the filed fiscal years. Its solvency ranks better than 94% of 9866 sector peers (fiscal year 2024). The company has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
26 d late
2022
32 d late
2021
61 d late
2020
30 d late
2019
17 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 32 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€1.1m▲ 10.1%
2023 · €1.0m
Net result
€102,512▼ 4.1%
2023 · €106,861
Total assets
€1.2m▲ 6.9%
2023 · €1.1m
Solvency
96.0%▲ 2.8pp
2023 · 93.2%
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€97,646▼ 18.0%€149,287▲ 52.9%€149,600▲ 0.2%€150,639▲ 0.7%€142,649▼ 5.3%
Net result€85,838▼ 28.1%€93,276▲ 8.7%€103,696▲ 11.2%€106,861▲ 3.1%€102,512▼ 4.1%
Equity€711,728▲ 13.7%€805,004▲ 13.1%€908,700▲ 12.9%€1.0m▲ 11.8%€1.1m▲ 10.1%
Total assets€1.0m▼ 10.0%€1.1m▲ 6.0%€1.0m▼ 4.3%€1.1m▲ 4.3%€1.2m▲ 6.9%
Debt€318,470▼ 38.6%€286,570▼ 10.0%€135,904▼ 52.6%€73,637▼ 45.8%€46,587▼ 36.7%
Working capital-€275,927▼ 158%-€163,189▲ 40.9%-€39,077▲ 76.1%€86,175€207,263▲ 141%
Solvency69.1%▲ 14.4pp73.7%▲ 4.7pp87.0%▲ 13.2pp93.2%▲ 6.2pp96.0%▲ 2.8pp
Staff (FTE)1▼ 37.5%1=1=1=1=
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 5% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.2m
Fixed assets
€913,283 ▼ 2.0%
Current assets
€251,376 ▲ 59.5%
Equity and liabilities €1.2m
Equity
€1.1m ▲ 10.1%
Debt
€46,587 ▼ 36.7%
Debt's share of the balance-sheet total falls from 6.8% to 4.0%. Equity is higher and debt is lower.
Key figures and ratios
ROE
9.2%▼
2023 · 10.5%
ROA
8.8%▼
2023 · 9.8%
Debt ≤ 1 year
€44,113▼
2023 · €71,474
Debt > 1 year
€210=
2023 · €210
Income taxes
€42,161▼
2023 · €43,745
Staff costs
€42,885▼
2023 · €43,421
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €35,310 | €25,696 | €43,421 | €42,885 | ▼ 1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,628 | €21,168 | €20,307 | €19,680 | €18,266 | ▼ 7.2% |
| Other operating charges640/8 | - | €9,102 | €9,326 | €10,212 | €12,314 | ▲ 20.6% |
| Gross operating margin9900 | €175,334 | €214,867 | €204,929 | €223,952 | €216,115 | ▼ 3.5% |
| Operating profit (loss)9901 | €97,646 | €149,287 | €149,600 | €150,639 | €142,649 | ▼ 5.3% |
| Financial income75/76B | - | €378 | - | - | €2,130 | - |
| Recurring financial income75 | €309 | €378 | - | - | €2,130 | - |
| Financial charges65/66B | - | €9,866 | €4,648 | €33 | €106 | ▲ 222% |
| Recurring financial charges65 | €181 | €9,866 | €4,648 | €33 | €106 | ▲ 222% |
| Profit (loss) for the period before taxes9903 | €97,774 | €139,798 | €144,952 | €150,606 | €144,673 | ▼ 3.9% |
| Transfer to deferred taxes680 | - | - | - | - | €0 | - |
| Income taxes67/77 | €11,936 | €46,522 | €41,256 | €43,745 | €42,161 | ▼ 3.6% |
| Profit (loss) for the period9904 | €85,838 | €93,276 | €103,696 | €106,861 | €102,512 | ▼ 4.1% |
| Transfer to tax-exempt reserves689 | - | - | €63,150 | €42,100 | €31,575 | ▼ 25.0% |
| Profit (loss) for the period to be appropriated9905 | €85,838 | €93,276 | €40,546 | €64,761 | €70,937 | ▲ 9.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.0m | €1.1m | €1.0m | €1.1m | €1.2m | ▲ 6.9% |
| Fixed assets21/28 | €989,305 | €969,843 | €949,536 | €931,549 | €913,283 | ▼ 2.0% |
| Tangible fixed assets22/27 | €989,156 | €969,695 | €949,388 | €931,401 | €913,135 | ▼ 2.0% |
| Land and buildings22 | - | €967,136 | €948,097 | €929,130 | €911,982 | ▼ 1.8% |
| Plant, machinery and equipment23 | - | €714 | - | - | - | - |
| Furniture and vehicles24 | - | €1,844 | €1,291 | €2,271 | €1,153 | ▼ 49.2% |
| Financial fixed assets28 | €149 | €149 | €149 | €149 | €149 | = |
| Current assets29/58 | €40,893 | €121,731 | €95,068 | €157,649 | €251,376 | ▲ 59.5% |
| Amounts receivable within one year40/41 | €28,551 | €19,360 | €19,360 | €38,720 | €38,720 | = |
| Trade receivables40 | - | €19,360 | €19,360 | €38,720 | €38,720 | = |
| Cash at bank and in hand54/58 | €11,950 | €102,063 | €72,708 | €118,429 | €212,656 | ▲ 79.6% |
| Deferred charges and accrued income490/1 | - | €308 | €3,000 | €500 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.0m | €1.1m | €1.0m | €1.1m | €1.2m | ▲ 6.9% |
| Equity10/15 | €711,728 | €805,004 | €908,700 | €1.0m | €1.1m | ▲ 10.1% |
| Contributions10/11 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Capital10 | - | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Issued capital100 | - | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Revaluation surpluses12 | - | €639,959 | €639,959 | €639,959 | €639,959 | = |
| Reserves13 | €10,269 | €103,545 | €207,241 | €314,102 | €416,614 | ▲ 32.6% |
| Non-distributable reserves130/1 | - | €6,150 | €6,150 | €6,150 | €6,150 | = |
| Legal reserve130 | - | €6,150 | €6,150 | €6,150 | €6,150 | = |
| Tax-exempt reserves132 | - | - | €63,150 | €105,250 | €136,825 | ▲ 30.0% |
| Distributable reserves133 | - | €97,395 | €137,941 | €202,702 | €273,639 | ▲ 35.0% |
| Profit (loss) carried forward14 | -€194,948 | - | - | - | - | - |
| Amounts payable17/49 | €318,470 | €286,570 | €135,904 | €73,637 | €46,587 | ▼ 36.7% |
| Amounts payable after more than one year17 | €800 | €800 | €800 | €210 | €210 | = |
| Other amounts payable178/9 | - | €800 | €800 | €210 | €210 | = |
| Amounts payable within one year42/48 | €316,820 | €284,920 | €134,144 | €71,474 | €44,113 | ▼ 38.3% |
| Trade debts44 | €4,214 | €3,108 | €10,444 | €3,666 | €1,560 | ▼ 57.4% |
| Suppliers440/4 | - | €3,108 | €10,444 | €3,666 | €1,560 | ▼ 57.4% |
| Taxes, remuneration and social security45 | - | €81,987 | €93,486 | €54,436 | €25,347 | ▼ 53.4% |
| Taxes450/3 | - | €67,633 | €85,696 | €40,764 | €11,410 | ▼ 72.0% |
| Remuneration and social security454/9 | - | €14,354 | €7,790 | €13,672 | €13,937 | ▲ 1.9% |
| Other amounts payable47/48 | - | €199,825 | €30,214 | €13,373 | €17,206 | ▲ 28.7% |
| Accrued charges and deferred income492/3 | - | €850 | €960 | €1,953 | €2,264 | ▲ 15.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €85,838 | €93,276 | €103,696 | €106,861 | €102,512 | ▼ 4.1% |
| + Depreciation and write-downs630 | €12,628 | €21,168 | €20,307 | €19,680 | €18,266 | ▼ 7.2% |
| Operating cash flow (approximation) | €98,466 | €114,444 | €124,003 | €126,541 | €120,778 | ▼ 4.6% |
| Investment in fixed assets (approximation) | - | -€1,706 | €0 | -€1,693 | €0 | ▲ 100% |
| Change in cash | - | €90,113 | -€29,355 | €45,721 | €94,228 | ▲ 106% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Liquidity triplescurrent ratio 5.70
Current ratio from 2.21 to 5.70; short-term debt falls from €71,474 to €44,113.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 2.21
Current ratio from 0.71 to 2.21; short-term debt falls from €134,144 to €71,474.
31-12
Financial
Equity above €1mEq €1.0m ▲11.8%
6 profitable years in a row build equity to €1.0m.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Weakest financial yearnet €85,838 ▼28.1%
Net result drops to €85,838, the lowest in the series; recovery starts the following year.
17-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 17 days late
2019
11-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
10-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Tessenderlo · 1 establishment unit since 1988
Ground area
679 m²
Building footprint
210 m²
Volume, LiDAR
1,789 m³
Parcel 71057A0922/00S000, Flanders · tallest building 16.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Neerstraat 31, 3980 Tessenderlo-Ham
since 19882.038.815.878
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71057A0922/00S000 | Flanders | 679 m² | 1 · 210 m² | 16.6 m · 2 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.
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,773. 12,422 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
Founded01-02-1988
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID
0208:0434487051
Also
9925:BE0434487051
Registered
04-02-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.