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FREMATICS

Active Private limited companyfounded 2014active for 12 yearsSteenstraat 40, 8000 BrugesKBO/BCE: BE 0566.976.876

Lifetime

11 annual accounts with figures on one time axis
peak €1.6m (2024)
€1.5m▼ 2.8%
lowest -€71,456 (2020)
-€24,878▼ €60,128
peak €285,453 (2017)
€208,175▼ 10.7%
€709,914▲ 2.9%
peak 35 FTE (2022)
28.5 FTE▼ 7.2%
Board2 names since 2016
1 director
Documentsfilings and deeds
27-07-20264 days before the deadline
2025abbreviated format
Loss of €24,878Investments €220,191Cash from €526,154 to €350,256

Key points

from the 2025 annual accounts

Result

-€24,878 -€24,878
€35,3002024-€24,9002025

From profit to loss in 2025, after a profit of €35,251 in 2024.

Turnover

≈ €2.7m estimated

The abbreviated format states no turnover.

Debts

€709,914 77% of the balance sheet
Financial debts 24%Suppliers 43%Taxes and wages 24%Other 8%

Of this, €537,726 falls due within a year.

Investments

€220,444 2.5 × depreciation
20212022202320242025

Green is investment, beige is depreciation.

Staff

27 employees on 31-12-2025
4114202141142022373920234634202424342025

In 2025, 24 people joined and 34 left.

Position in the sector

-€24,878

Lower net result than 83% of companies in food and beverage service. Sector median €16,603 · 4,116 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,423 companies had the same profile as FREMATICS has now. Each dot stands for 4 companies, two years later.

96.5%
were still trading
2.2%
stopped another way
1.0%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 10 to 30%
  • a small loss

Another 0.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 1,423 companies, not a prediction for FREMATICS. 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

Board and ownership

Director
Board & ownership

Recent changes

Amendment of the articles · Resignations & appointments General meeting of 14-06-2024 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0566976876
Amendment of the articles · Legal-form change · Resignations & appointments Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 29-11-2019 · Gazette deed
Resignation: (manager) General meeting of 10-11-2016 · Gazette deed
All 20 events

Comparable companies

same main activity, similar in size and age
Company
FREMATICS Bruges €0.9m €1.5m 22.7% 28.5
Elivick Waregem €1.1m €1.3m 34.3% 22.5
HANOI STATION Woluwe-Saint-Lambert €0.8m €1.4m 60.4% 37.1
DP Gent Ghent €0.8m €1.1m 43.6% 30.1
ERPENTHORSE INVEST Namur €0.9m €1.2m 22.3% 22.8
AUX MERVEILLEUX DE FRED BRUXELLES Brussels €0.8m €1.4m 1.8% 22.6
DACAREST Ans €0.8m €1.1m 23.0% 23.3

These companies have the same main activity as FREMATICS: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €757,000 and €1.1m, founded between 2013 and 2015.

Official details

Source: KBO
Status
Active since 24-10-2014Normal situation
Activity
Limited-service restaurants, excluding mobile food servicesNACE 56112
Joint committee
302Hotels and catering · annual accounts 2025
Establishment unit
2.236.957.4818000 Bruges, since 27-10-2014
Financial year end
31 December
Peppol
Reachable since 31-10-2023
Company details

Annual accounts 2025

€918,089▼ 0.5%
Employeeson 31-12-2025
27▼ 27.0%
Filing
Filed on 27-07-2026, 4 days before the end of the filing period
Financials

Insights on FREMATICS

FREMATICS files the abbreviated format. That format states no turnover. The gross margin rose from €919,967 in 2015 to €1.5m in 2025.

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 FREMATICS

What is the company number of FREMATICS?
The company number of FREMATICS is 0566.976.876. The VAT number is the same number with BE in front: BE 0566.976.876.
Where is FREMATICS based?
The registered office is at Steenstraat 40, 8000 Bruges.Company details
What does FREMATICS do?
According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
What is the legal form of FREMATICS?
FREMATICS is a private limited company (BV).
When was FREMATICS founded?
FREMATICS was founded on 24-10-2014.
Is FREMATICS still active?
Yes, FREMATICS is an active enterprise in the KBO register.
How many employees does FREMATICS have?
FREMATICS had an average of 28.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does FREMATICS fall under?
In its 2025 annual accounts, FREMATICS states joint committee 302 (Hotels and catering).
What is the turnover of FREMATICS?
The turnover in financial year 2025 is ≈ €2.7m. This figure is estimated from the gross margin of €1.5m and 1,585 comparable companies of the same size. It probably lies between €1.8m and €4.4m. It is a rough estimate.
Is FREMATICS profitable?
In financial year 2025, FREMATICS made a loss of €24,878.
Where can I find the annual accounts of FREMATICS?
FREMATICS filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FREMATICS due?
FREMATICS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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