FREMATEC
ActiveFrom the official registers: KBO 36 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
FREMATEC has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €359,103 and a net result of €63,274. Equity is growing by about 5.5% per year across the filed financial years. Its solvency ranks better than 68% of 2,331 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
KBO- Status
- Active since 19-07-1990 Normal situation
- Legal form
- Private limited company
- Registered office
- Kersendaelstraat 53, 3724 Hasselt
- Activity
- Manufacture of fabricated metal products, except machinery and equipment NACE 25999
- Establishment unit
- 2.049.237.341 3724 Hasselt, since 10-08-1990
- Financial year end
- 31 December
- Peppol
- Reachable since 26-03-2025
How it is doing
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €141,986
- ▲ 1.4%
- Turnover
- ≈ €360,000
- estimated
- Profit
- €63,274
- Equity
- €359,103
- ▲ 21.4%
- Total assets
- €574,342
- ▲ 5.6%
Why 97raises riskSector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)lowers riskLiquidity: current ratio 2.98, cash €323,330Equity €359,103 (62.5% of total assets)Founded in 1990Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 25, micro): better than 67% on solvency, 89% on liquidity, 68% on profitability and 73% on growth.
The bankruptcy probability was computed on 31-10-2026 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
This company filed its last 7 accounts on average 7 days after the deadline; the sector median (NACE 25) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
Financials · financial year 2025, micro format
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 23-07-2026
- Format
- micro format
- Reference
- 2026-00319789
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result returns to profit in 2025: €84,239 after a loss of €34,824 in 2024, the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 25, Manufacture of fabricated metal products, except machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 20,136 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95.0% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,136 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €27,348 | €8,752 | €23,171 | €12,475 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €46,749 | €34,173 | €32,837 | €17,244 | €42,941 | €62,902 | €61,027 | €55,115 | ▼ 9.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €3,288 | -€3,288 | €0 | - | - | - |
| Other operating charges640/8 | - | - | - | €2,487 | €5,476 | €3,121 | €101,288 | €2,631 | ▼ 97.4% |
| Gross operating margin9900 | €82,606 | €104,610 | €78,638 | €131,045 | €98,809 | €101,756 | €139,966 | €141,986 | ▲ 1.4% |
| Operating profit (loss)9901 | €33,735 | €49,864 | €20,875 | €80,679 | €44,927 | €12,561 | -€34,824 | €84,239 | - |
| Financial income75/76B | - | - | - | €0 | - | €270 | €154 | €8 | ▼ 94.8% |
| Recurring financial income75 | €579 | €71 | €13 | €0 | - | €270 | €154 | €8 | ▼ 94.8% |
| Financial charges65/66B | - | - | - | €4,715 | €7,226 | €8,074 | €6,232 | €6,574 | ▲ 5.5% |
| Recurring financial charges65 | €8,793 | €6,207 | €5,621 | €4,715 | €7,226 | €8,074 | €6,232 | €6,574 | ▲ 5.5% |
| Profit (loss) for the period before taxes9903 | €25,521 | €43,728 | €15,268 | €75,964 | €37,701 | €4,757 | -€40,902 | €77,673 | - |
| Income taxes67/77 | €2,326 | €10,145 | €4,956 | €28,100 | €3,770 | €677 | €259 | €14,399 | ▲ 56× |
| Profit (loss) for the period9904 | €23,194 | €33,583 | €10,312 | €47,864 | €33,931 | €4,080 | -€41,161 | €63,274 | - |
| Transfer from tax-exempt reserves789 | - | - | - | €28,550 | €0 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €23,194 | €33,583 | €13,262 | €76,414 | €33,931 | €4,080 | -€41,161 | €63,274 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €406,961 | €430,773 | €432,359 | €497,857 | €707,750 | €627,146 | €543,680 | €574,342 | ▲ 5.6% |
| Fixed assets21/28 | €129,761 | €104,448 | €74,561 | €57,317 | €337,338 | €277,636 | €221,875 | €166,759 | ▼ 24.8% |
| Tangible fixed assets22/27 | €129,761 | €104,448 | €74,561 | €57,317 | €337,338 | €277,636 | €221,875 | €166,759 | ▼ 24.8% |
| Land and buildings22 | - | - | - | €55,317 | €38,776 | €24,320 | €13,865 | €8,675 | ▼ 37.4% |
| Plant, machinery and equipment23 | - | - | - | €2,000 | €298,563 | €250,523 | €206,817 | €158,084 | ▼ 23.6% |
| Furniture and vehicles24 | - | - | - | - | - | €2,793 | €1,193 | €0 | ▼ 100% |
| Current assets29/58 | €277,200 | €326,325 | €357,798 | €440,540 | €370,412 | €349,509 | €321,806 | €407,582 | ▲ 26.7% |
| Stocks and contracts in progress3 | €11,922 | €12,981 | €12,200 | €20,250 | €17,265 | €13,599 | €14,914 | €5,367 | ▼ 64.0% |
| Stocks30/36 | - | - | - | €20,250 | €17,265 | €13,599 | €14,914 | €5,367 | ▼ 64.0% |
| Amounts receivable within one year40/41 | €83,310 | €91,975 | €77,092 | €84,996 | €84,546 | €61,098 | €92,389 | €74,621 | ▼ 19.2% |
| Trade receivables40 | - | - | - | €84,996 | €84,546 | €61,098 | €92,389 | €74,621 | ▼ 19.2% |
| Other amounts receivable41 | - | - | - | €0 | - | - | - | - | - |
| Current investments50/53 | €392 | €392 | €392 | €392 | €392 | €392 | - | - | - |
| Cash at bank and in hand54/58 | €180,010 | €218,462 | €265,617 | €332,453 | €249,460 | €266,897 | €209,635 | €323,330 | ▲ 54.2% |
| Deferred charges and accrued income490/1 | - | - | - | €2,449 | €18,749 | €7,523 | €4,867 | €4,264 | ▼ 12.4% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €406,961 | €430,773 | €432,359 | €497,857 | €707,750 | €627,146 | €543,680 | €574,342 | ▲ 5.6% |
| Equity10/15 | €247,220 | €280,803 | €291,115 | €338,979 | €372,909 | €376,989 | €295,829 | €359,103 | ▲ 21.4% |
| Contributions10/11 | €50,000 | €50,000 | - | €50,000 | €50,000 | €50,000 | €50,000 | €50,000 | = |
| Reserves13 | €197,220 | €230,803 | €241,115 | €288,979 | €322,909 | €326,989 | €245,829 | €309,103 | ▲ 25.7% |
| Non-distributable reserves130/1 | - | - | - | €5,000 | €5,000 | €5,000 | €0 | - | - |
| Reserves not available under the articles1311 | - | - | - | €5,000 | €5,000 | €5,000 | €0 | - | - |
| Tax-exempt reserves132 | - | - | - | €0 | - | - | - | - | - |
| Distributable reserves133 | - | - | - | €283,979 | €317,909 | €321,989 | €245,829 | €309,103 | ▲ 25.7% |
| Profit (loss) carried forward14 | - | - | - | - | - | - | €0 | €0 | - |
| Amounts payable17/49 | €159,741 | €149,970 | €141,245 | €158,878 | €334,841 | €250,156 | €247,852 | €215,239 | ▼ 13.2% |
| Amounts payable after more than one year17 | €108,980 | €92,367 | €74,845 | €56,376 | €199,477 | €160,286 | €119,928 | €78,378 | ▼ 34.6% |
| Financial debts170/4 | - | - | - | €6,376 | €149,477 | €110,286 | €69,928 | €28,378 | ▼ 59.4% |
| Other amounts payable178/9 | - | - | - | €50,000 | €50,000 | €50,000 | €50,000 | €50,000 | = |
| Amounts payable within one year42/48 | €50,729 | €56,003 | €63,174 | €100,871 | €133,732 | €87,150 | €127,924 | €136,861 | ▲ 7.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €18,470 | €44,455 | €39,191 | €40,359 | €41,549 | ▲ 2.9% |
| Trade debts44 | €17,345 | €20,647 | €14,690 | €35,148 | €47,169 | €10,794 | €23,890 | €31,428 | ▲ 31.6% |
| Suppliers440/4 | - | - | - | €35,148 | €47,169 | €10,794 | €23,890 | €31,428 | ▲ 31.6% |
| Taxes, remuneration and social security45 | - | - | - | €33,929 | €25,612 | €21,210 | €15,626 | €26,718 | ▲ 71.0% |
| Taxes450/3 | - | - | - | €28,112 | €24,997 | €14,082 | €11,678 | €25,218 | ▲ 116% |
| Remuneration and social security454/9 | - | - | - | €5,817 | €615 | €7,128 | €3,947 | €1,500 | ▼ 62.0% |
| Other amounts payable47/48 | - | - | - | €13,324 | €16,496 | €15,954 | €48,050 | €37,165 | ▼ 22.7% |
| Accrued charges and deferred income492/3 | - | - | - | €1,631 | €1,631 | €2,720 | €0 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23,194 | €33,583 | €10,312 | €47,864 | €33,931 | €4,080 | -€41,161 | €63,274 | - |
| + Depreciation and write-downs630 | €46,749 | €34,173 | €32,837 | €17,244 | €42,941 | €62,902 | €61,027 | €55,115 | ▼ 9.7% |
| Operating cash flow (approximation) | €69,944 | €67,757 | €43,149 | €65,108 | €76,872 | €66,982 | €19,866 | €118,389 | ▲ 496% |
| Investment in fixed assets (approximation) | - | -€8,861 | -€2,950 | €0 | -€322,963 | -€3,200 | -€5,265 | €0 | - |
| Change in cash | - | €38,451 | €47,155 | €66,835 | -€82,993 | €17,437 | -€57,262 | €113,695 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 36 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 23-07-2026 | 2026-00319789 | NBB |
| 31-12-2024 | micro format | 20-08-2025 | 2025-00384853 | |
| 31-12-2023 | micro format | 29-07-2024 | 2024-00300512 | |
| 31-12-2022 | micro format | 27-07-2023 | 2023-00275651 | |
| 31-12-2021 | micro format | 13-07-2022 | 2022-20179311 | |
| 31-12-2020 | micro format | 29-07-2021 | 2021-43500207 | |
| 31-12-2019 | micro format | 01-10-2020 | 2020-58900533 | |
| 31-12-2018 | micro format | 27-08-2019 | 2019-52400452 | |
| 31-12-2017 | micro format | 17-09-2018 | 2018-63400082 | |
| 31-12-2016 | micro format | 02-08-2017 | 2017-40500592 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| MACHIELS Johan |
|
How the board is organised
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Één of meer bestuurders, natuurlijke personen of rechtspersonen,al dan niet aandeelhouder”“Bedrag van vaste of evenredige vergoeding, geboekt op algemene kosten,los van eventuele representatie-,reis- en verplaatsingskosten”
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, algemene vergadering”
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bij ontbinding om welke reden en op welk ogenblik ook, bestuurder(s) in functie aangewezen als vereffenaar(s) krachtens statuten indien geen…”
Articles of association, deed of 21-03-2024 (in Dutch)
Owners and capital
Capital and shareholders
- 21-03-2024 Converted to unavailable equity
Shares according to the articles of association
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam”
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Erfgenamen en legatarissen die geen aandeelhouder van rechtswege worden moeten toestemming medeaandeelhouders vragen volgens zelfde…”
- Share issue ruleHow and by whom new shares can be issued.
- One provision in the deed
Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
Articles of association, deed of 21-03-2024 (in Dutch)
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
21-03
Gazette deed
Appointment: MACHIELS Johan (director)Registered office clause · Power of attorney · Amendment of the articles13 facts ▸
- Other provision, “ontslag huidige zaakvoerder, algemene vergadering besluit tot ontslag huidige zaakvoerder” (deed in Dutch)
- Director appointment, MACHIELS Johan (director (not named in the articles))
- Registered office clause, “3724 Kortessem, Kersendaelstraat 53” (deed in Dutch)
- Power of attorney
- Power of attorney, Jean-Luc SNYERS (ondergetekende notaris)
- General meeting, 21-02-2024
- Amendment of the articles (2 times)
- Legal-form conversion, “besloten vennootschap” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Other provision, “statutair onbeschikbare eigen vermogensrekening, opheffing” (deed in Dutch)
- Other provision, 21-11-2023
- Purpose change
- +1 further fact in this act
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Who it is
KBO recordWhere it is based
What it does
NACEBEL 2025Invoicing and payment
Financial year and general meeting
Accounts at the NBBScores and ratios are computed by Checked and are not a credit decision.
Purpose, financial year and meetings according to the articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “De fabricage van raderwerk,tandwielkasten en transmissieonderdelen;waaronder transmissieassen,rollende kettingen,enz; De fabricage van…”
7 activities
- De fabricage van raderwerk,tandwielkasten en transmissieonderdelen;waaronder transmissieassen,rollende kettingen,enz.
- De fabricage van machinetoebehoren.
- Zelfstandige werkplaats voor algemene mechaniek,omvattende de werkplaatsen voor automatisch afdraaiwerk,de fabricage en het afwerken van mechanische stukken,de fabricage van blokvormen voor de ijzer- en staalnijverheid en het (her)schuren van metaal.
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten(vruchtgebruik,recht van opstal,erfpacht,…),zoals de huurfinanciering van onroerend goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen,het ontwerpen en opvolgen van projecten,en het maken van studies met betrekking tot immobiliën;de aan- en verkoop,huur en verhuur van roerende goederen betreffende de inrichting en uitrusting van onroerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de onroerende goederen te bevorderen;alsmede zich borg stellen voor het goede verloop van verbintenissen,door derde personen aangegaan,die het genot zouden hebben van voormelde roerende en onroerende goederen.
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend vermogen;alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals het verwerven door inschrijving of aankoop,het beheren van aandelen,aandelenopties,obligaties,kasbons,afgeleide producten of andere roerende waarden,van welke vorm ook,uitgegeven door Belgische of buitenlandse emittenten.
- Het uitoefenen van managements- en beheersactiviteiten,waaronder begrepen het uitoefenen van managementfuncties in diverse ondernemingen en het verlenen van diensten en adviezen aan het bedrijfsleven.
- Adviesverlening en begeleiding in technisch management
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- FREMATEC
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, administratieve zetels,agentschappen,werkhuizen,stapelplaatsen,bijkantoren in België of buitenland bij enkel besluit…”
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of June at 19:00
Articles of association, deed of 21-03-2024 (in Dutch)
Environmental permits: No permit applications found in Flanders.
Sites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 73090D0586/00R000 | Flanders | 574 m² | - | - |