FREMATICS
ActiveSummary
The computed 12-month bankruptcy probability of FREMATICS is 1.7% (moderate). The 2025 annual accounts show equity of €208,175 and a net result of -€24,878. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 42% of 3757 sector peers (fiscal year 2025). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability45▼-29
Solvency48▼-2
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days acceptable
Liquidity short (current ratio 0.87 against 0.9 in 2024; short-term debt: 58.6% and cash: 38.2% of total assets), and 77.3% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
6 d early
2023
16 d early
2022
on the day
2021
31 d late
2020
33 d late
2019
92 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 19 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#10 employer in Bruges, Accommodation and food service sector
Equity
€208,175▼ 10.7%
2024 · €233,053
Total assets
€918,089▼ 0.5%
2024 · €922,908
Net result
-€24,878
2024 · €35,251
Working capital
-€71,804▼ 10.4%
2024 · -€65,016
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€592-€33,716€197,945€53,465▼ 73.0%€548▼ 99.0%
Net result-€19,091below the sector's middle half▲ 73.3%-€44,554below the sector's middle half▼ 133%€169,257above the sector's middle half€35,251within the sector's middle half▼ 79.2%-€24,878below the sector's middle half
Equity€73,099within the sector's middle half▼ 41.9%€28,545within the sector's middle half▼ 61.0%€197,802within the sector's middle half▲ 593%€233,053within the sector's middle half▲ 17.8%€208,175within the sector's middle half▼ 10.7%
Total assets€978,728above the sector's middle half▲ 27.3%€795,051within the sector's middle half▼ 18.8%€972,978above the sector's middle half▲ 22.4%€922,908within the sector's middle half▼ 5.1%€918,089above the sector's middle half▼ 0.5%
Debt€905,629▲ 40.9%€766,506▼ 15.4%€775,176▲ 1.1%€689,855▼ 11.0%€709,914▲ 2.9%
Working capital-€340,400▼ 90.3%-€327,645▲ 3.7%-€109,074▲ 66.7%-€65,016▲ 40.4%-€71,804▼ 10.4%
Solvency7.5%below the sector's middle half▼ 8.9pp3.6%below the sector's middle half▼ 3.9pp20.3%within the sector's middle half▲ 16.7pp25.3%within the sector's middle half▲ 4.9pp22.7%within the sector's middle half▼ 2.6pp
Staff (FTE)26.4above the sector's middle half▲ 34.0%35above the sector's middle half▲ 32.6%25.7above the sector's middle half▼ 26.6%30.7above the sector's middle half▲ 19.5%28.5above the sector's middle half▼ 7.2%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 99% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €918,089
Fixed assets
€452,168 ▲ 41.2%
Current assets
€465,921 ▼ 22.7%
Equity and liabilities €918,089
Equity
€208,175 ▼ 10.7%
Debt
€709,914 ▲ 2.9%
Debt's share of the balance-sheet total rises from 74.7% to 77.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€88,732▼
2024 · €171,986
Cash flow
€63,306▼
2024 · €153,771
Current ratio
0.87▼
2024 · 0.90
Quick ratio
0.82▼
2024 · 0.87
Debt to equity
3.41▲
2024 · 2.96
ROE
-12.0%▼
2024 · 15.1%
ROA
-2.7%▼
2024 · 3.8%
Interest coverage
3.50▼
2024 · 9.59
Debt ≤ 1 year
€537,726▼
2024 · €667,763
Debt > 1 year
€172,188▲
2024 · €22,092
Income taxes
€230▼
2024 · €290
Staff costs
€1.5m▲
2024 · €1.4m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,419 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 96% are still going.
- Small
- 10 to 20 years old
- solvency 10 to 30%
- a small loss
0.8%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 1,419 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €881,769 | €1.0m | €1.2m | €1.4m | €1.5m | ▲ 2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €92,359 | €114,306 | €119,824 | €118,520 | €88,184 | ▼ 25.6% |
| Other operating charges640/8 | €24,241 | €2,729 | €4,908 | €4,276 | €3,944 | ▼ 7.8% |
| Non-recurring operating charges66A | - | - | - | - | €20 | - |
| Gross operating margin9900 | €998,960 | €1.1m | €1.5m | €1.6m | €1.5m | ▼ 2.8% |
| Operating profit (loss)9901 | €592 | -€33,716 | €197,945 | €53,465 | €548 | ▼ 99.0% |
| Financial income75/76B | €956 | €6,093 | €191 | €1 | €173 | ▲ 21,289% |
| Recurring financial income75 | €956 | €6,093 | €191 | €1 | €173 | ▲ 21,289% |
| Financial charges65/66B | €20,529 | €16,754 | €28,548 | €17,925 | €25,369 | ▲ 41.5% |
| Recurring financial charges65 | €20,529 | €16,754 | €28,548 | €17,925 | €25,369 | ▲ 41.5% |
| Profit (loss) for the period before taxes9903 | -€18,982 | -€44,377 | €169,588 | €35,541 | -€24,648 | ▼ 169% |
| Income taxes67/77 | €109 | €176 | €330 | €290 | €230 | ▼ 20.8% |
| Profit (loss) for the period9904 | -€19,091 | -€44,554 | €169,257 | €35,251 | -€24,878 | ▼ 171% |
| Profit (loss) for the period to be appropriated9905 | -€19,091 | -€44,554 | €169,257 | €35,251 | -€24,878 | ▼ 171% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €978,728 | €795,051 | €972,978 | €922,908 | €918,089 | ▼ 0.5% |
| Fixed assets21/28 | €477,857 | €448,228 | €362,498 | €320,161 | €452,168 | ▲ 41.2% |
| Intangible fixed assets21 | €21,293 | €19,150 | €17,007 | €14,864 | €12,721 | ▼ 14.4% |
| Tangible fixed assets22/27 | €456,365 | €428,880 | €344,896 | €304,702 | €438,852 | ▲ 44.0% |
| Plant, machinery and equipment23 | €373,084 | €350,177 | €269,560 | €240,260 | €193,211 | ▼ 19.6% |
| Furniture and vehicles24 | €1,804 | €5,134 | €3,143 | €3,112 | €1,162 | ▼ 62.7% |
| Other tangible fixed assets26 | €81,477 | €73,569 | €72,193 | €61,331 | €244,480 | ▲ 299% |
| Financial fixed assets28 | €198 | €198 | €595 | €595 | €595 | = |
| Current assets29/58 | €500,872 | €346,822 | €610,480 | €602,747 | €465,921 | ▼ 22.7% |
| Amounts receivable after more than one year29 | €30,000 | €0 | - | - | - | - |
| Other amounts receivable291 | €30,000 | €0 | - | - | - | - |
| Stocks and contracts in progress3 | €15,249 | €30,399 | €24,167 | €24,694 | €24,434 | ▼ 1.1% |
| Stocks30/36 | €15,249 | €30,399 | €24,167 | €24,694 | €24,434 | ▼ 1.1% |
| Amounts receivable within one year40/41 | €87,940 | €74,946 | €77,878 | €33,685 | €66,634 | ▲ 97.8% |
| Trade receivables40 | €23,822 | €54,381 | €49,440 | €31,850 | €64,277 | ▲ 102% |
| Other amounts receivable41 | €64,118 | €20,565 | €28,439 | €1,836 | €2,357 | ▲ 28.4% |
| Cash at bank and in hand54/58 | €329,347 | €219,524 | €492,774 | €526,154 | €350,256 | ▼ 33.4% |
| Deferred charges and accrued income490/1 | €38,335 | €21,954 | €15,661 | €18,214 | €24,597 | ▲ 35.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €978,728 | €795,051 | €972,978 | €922,908 | €918,089 | ▼ 0.5% |
| Equity10/15 | €73,099 | €28,545 | €197,802 | €233,053 | €208,175 | ▼ 10.7% |
| Contributions10/11 | €262,500 | €262,500 | €262,500 | €262,500 | €262,500 | = |
| Reserves13 | €1,148 | €1,148 | €1,148 | €0 | - | - |
| Non-distributable reserves130/1 | €1,148 | €1,148 | €1,148 | €0 | - | - |
| Reserves not available under the articles1311 | €1,148 | €1,148 | €1,148 | €0 | - | - |
| Profit (loss) carried forward14 | -€190,549 | -€235,103 | -€65,845 | -€29,447 | -€54,325 | ▼ 84.5% |
| Investment grants15 | €0 | - | - | - | - | - |
| Amounts payable17/49 | €905,629 | €766,506 | €775,176 | €689,855 | €709,914 | ▲ 2.9% |
| Amounts payable after more than one year17 | €47,837 | €89,780 | €51,495 | €22,092 | €172,188 | ▲ 679% |
| Financial debts170/4 | €47,837 | €89,780 | €51,495 | €22,092 | €172,188 | ▲ 679% |
| Amounts payable within one year42/48 | €841,272 | €674,467 | €719,555 | €667,763 | €537,726 | ▼ 19.5% |
| Current portion of amounts payable after more than one year42 | €47,731 | €40,094 | €38,285 | €29,403 | €57,884 | ▲ 96.9% |
| Financial debts43 | €0 | - | - | - | - | - |
| Credit institutions430/8 | €0 | - | - | - | - | - |
| Trade debts44 | €377,928 | €302,666 | €516,821 | €400,564 | €306,292 | ▼ 23.5% |
| Suppliers440/4 | €377,928 | €302,666 | €516,821 | €400,564 | €306,292 | ▼ 23.5% |
| Taxes, remuneration and social security45 | €135,709 | €145,833 | €163,382 | €237,296 | €173,550 | ▼ 26.9% |
| Taxes450/3 | €7,254 | €12,836 | €7,177 | €14,001 | €10,876 | ▼ 22.3% |
| Remuneration and social security454/9 | €128,455 | €132,997 | €156,205 | €223,295 | €162,674 | ▼ 27.1% |
| Other amounts payable47/48 | €279,903 | €185,875 | €1,066 | €500 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | €16,520 | €2,258 | €4,126 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€19,091 | -€44,554 | €169,257 | €35,251 | -€24,878 | ▼ 171% |
| + Depreciation and write-downs630 | €92,359 | €114,306 | €119,824 | €118,520 | €88,184 | ▼ 25.6% |
| Operating cash flow (approximation) | €73,268 | €69,752 | €289,082 | €153,771 | €63,306 | ▼ 58.8% |
| Investment in fixed assets (approximation) | - | -€84,678 | -€34,094 | -€76,183 | -€220,191 | ▼ 189% |
| Change in cash | - | -€109,824 | €273,251 | €33,379 | -€175,897 | ▼ 627% |
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
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €200,000Eq €233,053 ▲17.8%
2 profitable years in a row build equity to €233,053.
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €169,257
Net result €169,257 after 5 loss-making years.
31-12
Financial
Equity above €150,000Eq €197,802 ▲593%
Equity rises from €28,545 to €197,802.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
02-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 33 days late
2020
31-12
Financial
Weakest financial yearnet -€71,456
Net result drops to -€71,456, the lowest in the series; recovery starts the following year.
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 92 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Brugge · 1 establishment unit since 2014
Ground area
187 m²
Building footprint
178 m²
Volume, LiDAR
2,629 m³
Parcel 31804D0513/00S000, Flanders · tallest building 19.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
FREMATICS
since 20142.236.957.481
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31804D0513/00S000 | Flanders | 187 m² | 1 · 178 m² | 19.3 m · 5 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrugge2.236.957.481
Dual-learning approval
2 live approvals · 4 endedMedewerker fastfood (vwo)
Medewerker fastfood duaal (so)
Show 4 ended approvals
Medewerker fastfood (vwo)
Medewerker fastfood duaal (so)
Medewerker snackbar-taverne (so)
Winkelbediende (so)
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Of 21,859 companies in sector 56112 we hold annual accounts for 9,782. 6,590 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-10-2014
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0566976876
Also
9925:BE0566976876
Registered
31-10-2023
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.