FREMAT (0443.986.321): annual accounts, directors and company register

FREMAT

Schaerbeek ·KBO/BCE: BE 0443.986.321

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%

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	3.0%	3.1%
10	5.6%	6.2%

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
Total assets`20/58`	481,729	448,737	457,931	511,713	509,197	537,794	528,231	512,012	509,913	540,414	564,174	600,436	611,385	457,288	442,127	434,101	447,790	445,446	441,324	442,680
Fixed assets`21/28`	169,413	207,989	254,765	306,678	310,258	350,829	376,485	237,484	184,323	197,958	226,213	248,056	226,781	293,605	303,909	303,128	320,686	332,555	349,577	372,884
Tangible fixed assets`22/27`	169,413	207,989	254,765	306,678	310,258	350,829	376,485	237,484	184,323	197,958	226,213	248,056	226,781	293,605	303,909	303,128	320,686	332,555	349,577	372,884
Land and buildings`22`	75,674	77,856	85,695	99,192	112,689	126,186	118,304	129,718	141,132	152,546	178,710	190,124	201,539	262,286	277,726	293,167	308,607	325,123	341,638	360,582
Plant, machinery and equipment`23`	87,205	116,377	147,047	179,137	154,728	224,297	257,487	107,766	43,191	45,412	47,406	57,739	24,953	30,744	25,203	9,420	11,138	6,092	6,200	9,128
Furniture and vehicles`24`	1,278	1,784	3,333	2,942	4,841	347	694	-	-	-	96	193	289	575	981	541	941	1,340	1,739	2,139
Leasing and similar rights`25`	5,255	11,972	18,690	25,407	38,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current assets`29/58`	312,316	240,748	203,166	205,036	198,939	186,964	151,746	274,528	325,590	342,456	337,962	352,381	384,604	163,683	138,218	130,973	127,105	112,891	91,747	69,796
Amounts receivable after more than one year`29`	182,705	173,065	162,885	154,495	144,199	137,347	124,634	152,439	164,439	176,439	188,439	122,439	-	-	-	-	-	-	-	-
Other amounts receivable`291`	182,705	173,065	162,885	154,495	144,199	137,347	124,634	152,439	164,439	176,439	188,439	122,439	-	-	-	-	-	-	-	-
Amounts receivable within one year`40/41`	6,584	10,280	8,265	8,265	7,325	7,325	7,325	113,963	42,969	35,404	47,943	70,406	172,539	149,963	130,000	122,632	115,056	111,360	85,323	68,266
Trade receivables`40`	6,584	10,280	8,265	8,265	7,325	7,325	7,325	12,342	17,929	28,057	40,597	66,733	50,013	40,668	22,286	22,286	33,810	27,846	20,935	15,384
Other amounts receivable`41`	-	-	-	-	-	-	-	101,621	25,040	7,346	7,346	3,673	122,527	109,295	107,714	100,346	81,246	83,514	64,388	52,882
Cash at bank and in hand`54/58`	123,028	57,402	32,016	42,276	47,415	42,292	19,787	8,126	113,077	125,507	96,473	154,429	206,959	11,675	8,218	8,342	12,048	1,531	1,531	1,530
Deferred charges and accrued income`490/1`	-	-	-	-	-	-	-	-	5,106	5,106	5,106	5,106	5,106	2,046	-	-	-	-	4,893	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	481,729	448,737	457,931	511,713	509,197	537,794	528,231	512,012	509,913	540,414	564,174	600,436	611,385	457,288	442,127	434,101	447,790	445,446	441,324	442,680
Equity`10/15`	468,908	426,431	410,305	448,414	418,837	463,999	445,158	473,325	485,427	490,138	557,055	561,901	578,607	417,002	406,800	414,891	423,385	409,777	407,444	405,284
Contributions`10/11`	580,071	580,071	580,071	580,071	580,071	580,071	580,071	580,071	580,071	580,071	580,071	580,071	580,071	580,071	580,071	580,071	580,071	580,071	580,071	580,071
Capital`10`	580,071	580,071	580,071	580,071	580,071	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issued capital`100`	580,071	580,071	580,071	580,071	580,071	580,071	580,071	580,071	580,071	580,071	580,071	580,071	580,071	580,071	580,071	580,071	580,071	580,071	580,071	580,071
Reserves`13`	22,984	22,984	22,984	22,984	22,984	22,984	22,984	22,984	22,984	22,984	22,984	22,984	22,984	22,984	22,984	22,984	22,984	22,984	22,984	22,984
Non-distributable reserves`130/1`	22,984	22,984	22,984	22,984	22,984	22,984	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	-	-	-	22,984	22,984	22,984	22,984	22,984	22,984	22,984	22,984	22,984	22,984	22,984	22,984	22,984	22,984	22,984	22,984	22,984
Reserves not available under the articles`1311`	22,984	22,984	22,984	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Profit (loss) carried forward`14`	-134,147	-176,624	-192,749	-154,641	-184,218	-139,055	-157,897	-129,730	-117,628	-112,917	-46,000	-41,154	-24,448	-186,052	-196,255	-188,164	-179,670	-193,278	-195,611	-197,771
Amounts payable`17/49`	12,821	22,306	47,625	63,299	90,360	73,794	83,073	38,687	24,486	50,276	7,120	38,535	32,778	40,285	35,327	19,210	24,405	35,669	33,880	37,396
Amounts payable after more than one year`17`	-	3,835	10,930	22,765	52,139	42,692	70,431	-	-	-	-	-	-	-	5,151	-	-	-	-	-
Financial debts`170/4`	-	3,835	10,930	22,765	52,139	42,692	70,431	-	-	-	-	-	-	-	5,151	-	-	-	-	-
Amounts payable within one year`42/48`	12,821	18,172	36,696	40,535	38,221	31,006	12,320	38,687	24,486	50,276	7,120	38,535	32,778	40,035	29,962	19,210	24,405	35,669	33,744	37,396
Current portion of amounts payable after more than one year`42`	3,835	7,095	11,835	26,029	27,280	18,557	-	-	-	-	-	-	-	5,151	9,998	-	-	-	-	-
Financial debts`43`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	22,890	23,323	25,371
Credit institutions`430/8`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	22,890	23,323	25,371
Trade debts`44`	-	2,091	15,875	5,579	2,215	3,724	4,690	36,547	23,041	48,831	5,758	38,381	32,778	34,884	19,964	19,210	24,405	12,779	10,422	12,025
Suppliers`440/4`	-	2,091	15,875	5,579	2,215	3,724	4,690	36,547	23,041	48,831	5,758	38,381	32,778	34,884	19,964	19,210	24,405	12,779	10,422	12,025
Advances received on contracts in progress`46`	8,986	8,986	8,986	8,926	8,726	8,726	7,630	1,440	-	-	-	-	-	-	-	-	-	-	-	-
Other amounts payable`47/48`	-	-	-	-	-	-	-	700	1,445	1,445	1,362	154	-	-	-	-	-	-	-	-
Accrued charges and deferred income`492/3`	-	299	-	-	-	96	322	-	-	-	-	-	-	250	214	-	-	-	135	-
Income statement
Turnover`70`	-	-	85,076	88,597	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-recurring operating income`76A`	-	-	-	-	1,146	-	-	-	-	-	-	-	200,413	-	-	-	-	-	-	-
Gross operating margin`9900`	85,711	66,568	39,296	56,178	53,571	73,732	14,734	22,417	16,871	-26,545	14,504	8,352	-13,023	39,848	21,638	21,646	43,267	31,775	36,707	26,069
Goods, raw materials, services and sundry goods`60/61`	-	-	45,780	32,419	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	38,576	46,776	54,441	14,356	89,551	46,483	44,952	27,122	19,407	18,926	21,843	22,549	18,481	22,756	21,415	17,558	21,218	20,157	23,307	23,307
Other operating charges`640/8`	2,698	2,877	21,388	10,960	7,288	7,092	6,447	6,652	5,833	6,067	451	5,599	6,461	5,905	6,959	12,045	6,027	6,063	8,003	6,058
Non-recurring operating charges`66A`	-	-	-	-	-	-	-	-	-	14,750	-	-	-	-	-	-	-	-	-	-
Operating profit (loss)`9901`	44,436	16,915	-36,533	30,862	-43,268	20,157	-36,665	-11,357	-8,368	-66,287	-7,790	-19,796	-37,965	11,187	-6,736	-7,957	16,022	5,554	5,397	-3,296
Financial income`75/76B`	-	-	-	-	10	20	10,390	0	4,263	-	3,673	3,673	6	-	-	-	54	-	-	-
Recurring financial income`75`	-	-	-	-	10	20	10,390	0	4,263	-	3,673	3,673	6	-	-	-	54	-	-	-
Financial charges`65/66B`	1,959	790	1,576	1,284	1,905	1,336	1,892	746	605	629	730	582	851	984	1,356	537	2,468	3,222	3,236	3,528
Recurring financial charges`65`	1,959	790	1,576	1,284	1,905	1,336	1,892	746	605	629	730	582	851	984	1,356	537	2,468	3,222	3,236	3,528
Profit (loss) for the period before taxes`9903`	42,477	16,126	-38,109	29,578	-45,163	18,841	-28,167	-12,103	-4,711	-66,917	-4,847	-16,705	161,604	10,203	-8,091	-8,494	13,609	2,332	2,161	-6,824
Profit (loss) for the period`9904`	42,477	16,126	-38,109	29,578	-45,163	18,841	-28,167	-12,103	-4,711	-66,917	-4,847	-16,705	161,604	10,203	-8,091	-8,494	13,609	2,332	2,161	-6,824
Profit (loss) for the period to be appropriated`9905`	42,477	16,126	-38,109	29,578	-45,163	18,841	-28,167	-12,103	-4,711	-66,917	-4,847	-16,705	161,604	10,203	-8,091	-8,494	13,609	2,332	2,161	-6,824
Appropriation of the result
Profit (loss) to be appropriated`9906`	-134,147	-176,624	-192,749	-154,641	-184,218	-139,055	-157,897	-129,730	-117,628	-112,917	-46,000	-41,154	-24,448	-186,052	-196,255	-188,164	-179,670	-193,278	-195,611	-197,771
Profit (loss) brought forward from the previous period`14P`	-176,624	-192,749	-154,641	-184,218	-139,055	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2025	abbreviated format	12-08-2026	2026-00397576	PDF
31-12-2024	micro format	14-09-2025	2025-00491912	PDF
31-12-2023	micro format	28-07-2024	2024-00320700	PDF
31-12-2022	micro format	06-08-2023	2023-00325431	PDF
31-12-2021	micro format	29-08-2022	2022-20402033	PDF
31-12-2020	micro format	13-07-2021	2021-35400387	PDF
31-12-2019	micro format	01-09-2020	2020-50300388	PDF
31-12-2018	micro format	30-08-2019	2019-60200555	PDF
31-12-2017	full format	16-07-2018	2018-34500212	PDF
31-12-2016	full format	29-05-2017	2017-13700384	PDF
31-12-2015	full format	21-06-2016	2016-21900387	PDF
31-12-2014	full format	25-08-2015	2015-47100023	PDF
31-12-2013	full format	04-06-2014	2014-15300389	PDF
31-12-2012	full format	28-06-2013	2013-24100109	PDF
31-12-2011	full format	25-06-2012	2012-22000271	PDF
31-12-2010	full format	17-08-2011	2011-40700554	PDF
31-12-2009	full format	29-07-2010	2010-35700222	PDF
31-12-2008	full format	07-05-2009	2009-13900093	PDF
31-12-2007	full format	18-07-2008	2008-42800367	PDF
31-12-2006	full format	11-07-2007	2007-39100132	PDF
31-12-2005	full format	31-07-2006	2006-58102729	PDF
31-12-2004	full format	29-07-2005	2005-59804910	PDF
31-12-2003	full format	23-11-2006	2006-87700023	PDF
31-12-2002	full format	16-10-2003	2003-74400072	PDF
31-12-2001	full format	15-07-2002	2002-36700201	PDF
31-12-2000	full format	01-08-2001	2001-44700284	PDF
31-12-1999	full format	30-06-2000	2000-31900127	PDF
31-12-1998	full format	09-08-1999	1999-40201779	PDF
31-12-1997	full format	08-07-1998	1998-31800271	PDF
31-12-1996	full format	07-07-1997	1997-28003892	PDF
31-12-1995	full format	01-07-1996	1996-28100586	PDF
31-12-1994	full format	04-07-1995	1995-35500749	PDF
31-12-1992	full format	20-09-1993	1993-36502362	PDF
31-12-1991	full format	16-07-1993	1993-26901721	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
EBITDA	83,012	63,691	17,908	45,218	46,283	66,640	8,287	15,765	11,039	-47,362	14,053	2,753	-19,484	33,943	14,679	9,601	37,241	25,712	28,704	20,011
Cash flow	81,054	62,901	16,332	43,934	44,388	65,324	16,785	15,019	14,696	-47,991	16,996	5,844	180,085	32,959	13,324	9,064	34,827	22,490	25,468	16,483
Investment in fixed assets (approximation)	0	0	2,528	11,452	48,979	20,827	183,953	80,282	5,772	5,421	0	43,824	1,243	12,452	22,196	0	9,349	3,135	0	2,072
Change in cash	65,626	25,386	-10,260	-5,139	5,123	22,505	11,661	-104,951	-12,430	29,034	-57,956	-52,530	195,285	3,457	-124	-3,707	10,518	0	1	-
Working capital	299,495	222,576	166,470	164,501	160,717	155,958	139,427	235,841	301,104	292,180	330,842	313,846	351,826	123,648	108,255	111,763	102,699	77,222	58,002	32,400
EBIT margin	-	-	-42.9%	34.8%	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Solvency	97.3%	95.0%	89.6%	87.6%	82.3%	86.3%	84.3%	92.4%	95.2%	90.7%	98.7%	93.6%	94.6%	91.2%	92.0%	95.6%	94.5%	92.0%	92.3%	91.6%
Current ratio	24.36	13.25	5.54	5.06	5.20	6.03	12.32	7.10	13.30	6.81	47.47	9.14	11.73	4.09	4.61	6.82	5.21	3.16	2.72	1.87
Debt to equity	0.03	0.05	0.12	0.14	0.22	0.16	0.19	0.08	0.05	0.10	0.01	0.07	0.06	0.10	0.09	0.05	0.06	0.09	0.08	0.09
ROE	9.1%	3.8%	-9.3%	6.6%	-10.8%	4.1%	-6.3%	-2.6%	-1.0%	-13.7%	-0.9%	-3.0%	27.9%	2.4%	-2.0%	-2.0%	3.2%	0.6%	0.5%	-1.7%
ROA	8.8%	3.6%	-8.3%	5.8%	-8.9%	3.5%	-5.3%	-2.4%	-0.9%	-12.4%	-0.9%	-2.8%	26.4%	2.2%	-1.8%	-2.0%	3.0%	0.5%	0.5%	-1.5%
Interest coverage	42.38	80.67	11.36	35.21	24.30	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Customer credit	-	-	35 days	34 days	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Supplier credit	-	-	127 days	63 days	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Item	2025	2024	2023	2022	2021
Tangible fixed assets	-	-	€2,528	€11,452	€48,979
Depreciation and write-downs of the year	€38,576	€46,776	€54,441	€14,356	€89,551

Overview

Lifetime

Key points

Turnover

Liquidity

Filings

Checked score

Score breakdown

Comparable companies, two years later

Credit verdict

Signals

Board and ownership

Recent changes

Official details

Annual accounts 2025

Insights on FREMAT

Financials

Annual accounts 2025

Money flows

Balance sheet

Change in equityin euro

Change in cashin euro

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on FREMAT

Board & ownership

Board

Mandates through the years

Control

Capital

Articles of association

Network & group

No group

Timeline

Timeline

History

Company details

Identity

Activities

Registered office and establishments

Buildings and parcels at the address

Location

Parcels

Invoicing and payment