Fremato Equipment
ActiveSummary
Fremato Equipment has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21.98M and a net result of €162k. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 93% of 4539 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability57▲+2
Solvency100=
Growth42▲+5
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500k at 30 days acceptable
Liquidity ample (current ratio 5.17 against 2.4 in 2024; short-term debt: 1.6% and cash: 5.6% of total assets), and 3.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
96.7%
Return on assets
0.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-08-2026, 4 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 · 4 filingsDeviation from the deadline
2025
4 d late
2024
24 d early
2023
28 d early
2022
54 d late
← before the deadline
after the deadline →
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€5.34M▲ 7.5%
2024 · €4.96M
2022: €6.05M
2023: €4.06M
2024: €4.96M
2022 → 2025
EBIT margin
28.9%▲ 0.9pp
2024 · 28.0%
2022: 45.1%
2023: 68.6%
2024: 28.0%
2022 → 2025
Net result
€162k▲ 244%
2024 · €47k
2022: €2.57M
2023: €1.40M
2024: €47k
2022 → 2025
Working capital
€1.56M▼ 32.8%
2024 · €2.32M
2022: €3.64M
2023: €6.27M
2024: €2.32M
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Turnover€6.05M-€4.06M▼ 33.0%€4.96M▲ 22.3%€5.34M▲ 7.5%
Equity€20.37M-€21.77M▲ 6.9%€21.82M▲ 0.2%€21.98M▲ 0.7%
Operating result€2.73M-€2.78M▲ 2.0%€1.39M▼ 50.1%€1.54M▲ 11.0%
Net result€2.57M-€1.40M▼ 45.4%€47k▼ 96.6%€162k▲ 244%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 11% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €22.74M
Fixed assets
€20.80M ▼ 2.9%
Current assets
€1.93M ▼ 51.4%
Equity and liabilities €22.74M
Equity
€21.98M ▲ 0.7%
Provisions
€177k ▼ 5.3%
Debt
€581k ▼ 82.9%
Debt's share of the balance-sheet total falls from 13.4% to 2.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2.50M▲
2024 · €2.25M
Cash flow
€1.12M▲
2024 · €912k
Current ratio
5.17▲
2024 · 2.40
Debt to equity
0.03▼
2024 · 0.16
ROE
0.7%▲
2024 · 0.2%
ROA
0.7%▲
2024 · 0.2%
Interest coverage
1.90▲
2024 · 1.70
Debt ≤ 1 year
€374k▼
2024 · €1.66M
Income taxes
€70k▲
2024 · €28k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 61 lines
Balance sheet
Code20242025
Assets
Total assets20/58€25.40M€22.74M▼
Fixed assets21/28€21.43M€20.80M▼
Tangible fixed assets22/27€21.43M€20.80M▼
Land and buildings22€10.70M€10.07M▼
Plant, machinery and equipment23€32k€53k▲
Other tangible fixed assets26€10.69M€10.68M▼
Current assets29/58€3.98M€1.93M▼
Amounts receivable within one year40/41€2.77M€645k▼
Trade receivables40€2.18M€592k▼
Other amounts receivable41€592k€53k▼
Cash at bank and in hand54/58€1.18M€1.27M▲
Deferred charges and accrued income490/1€32k€17k▼
Equity and liabilities
Total equity and liabilities10/49€25.40M€22.74M▼
Equity10/15€21.82M€21.98M▲
Contributions10/11€507k€507k=
Capital10€507k€507k=
Issued capital100€507k€507k=
Reserves13€21.31M€21.47M▲
Non-distributable reserves130/1€51k€51k=
Legal reserve130€51k€51k=
Tax-exempt reserves132€4.09M€4.06M▼
Distributable reserves133€17.17M€17.36M▲
Provisions and deferred taxes16€187k€177k▼
Deferred taxes168€187k€177k▼
Amounts payable17/49€3.40M€581k▼
Amounts payable after more than one year17€1.50M-
Financial debts170/4€1.50M-
Other loans174€1.50M-
Amounts payable within one year42/48€1.66M€374k▼
Current portion of amounts payable after more than one year42€1.00M-
Trade debts44€438k€276k▼
Suppliers440/4€438k€276k▼
Taxes, remuneration and social security45€219k€98k▼
Taxes450/3€219k€98k▼
Accrued charges and deferred income492/3€245k€207k▼
Income statement
Code20242025
Operating income70/76A€5.08M€5.42M▲
Turnover70€4.96M€5.34M▲
Other operating income74€115k€82k▼
Operating charges60/66A€3.69M€3.88M▲
Services and other goods61€2.48M€2.85M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€865k€960k▲
Other operating charges640/8€349k€63k▼
Operating profit (loss)9901€1.39M€1.54M▲
Financial income75/76B€3k€266▼
Recurring financial income75€3k€266▼
Other financial income752/9€3k€266▼
Financial charges65/66B€1.33M€1.32M▼
Recurring financial charges65€1.33M€1.32M▼
Debt charges650€1.32M€1.32M▼
Other financial charges652/9€2k€1k▼
Profit (loss) for the period before taxes9903€65k€222k▲
Transfer from deferred taxes780€10k€10k=
Income taxes67/77€28k€70k▲
Taxes670/3€28k€70k▲
Tax adjustments and reversals of tax provisions77€6-
Profit (loss) for the period9904€47k€162k▲
Transfer from tax-exempt reserves789€29k€29k=
Profit (loss) for the period to be appropriated9905€77k€191k▲
Appropriation of the result
Profit (loss) to be appropriated9906€77k€191k▲
Transfer to equity691/2€77k€191k▲
To other reserves6921€77k€191k▲
The notes to these accounts (32 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 4 days late
2025
31-12
Financial
Liquidity doublescurrent ratio 5.17
Current ratio from 2.40 to 5.17; short-term debt falls from €1.66M to €374k.
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €47k ▼96.6%
Net result drops to €47k, the lowest in the series; recovery starts the following year.
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 54 days late
2021
29-01
State Gazette act
Demerger · Corporate purpose
Capital · Director appointment · Orinn Vijncke
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Waregem · 1 establishment unit since 2024
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Mannebeekstraat 48790 WaregemGround area
5.9 ha
Building footprint
5,878 m²
Volume, LiDAR
630 m³
Parcel 34453F0803/00P000, Flanders · tallest building 4.2 m. Linked by address, not a title deed.
1 establishment unit
Mannebeekstraat 4, 8790 Waregem
since 20242.360.884.285
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34453F0803/00P000 | Flanders | 5.9 ha | 1 · 5,878 m² | 4.2 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Acquisitions and mergers
1 transactionReceived in a demerger part of:FREMATO GROUP
Recognitions · licences · registrations
Legal Entity Identifier
98450009885751052A20
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Of 12,022 companies in sector 68203 we hold annual accounts for 5,986. 1,113 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded27-11-2020
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:john.laebens@tvh.com