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FREMATT

Active
Private limited companyfounded 201015 yrs activeRiyadhstraat 32, 2321 Hoogstraten, BelgiumKBO/BCE: BE 0831.496.371
Summary

FREMATT has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €99k and a net result of €-6k. Equity is shrinking by ~7.8% per year across the filed fiscal years. Its solvency ranks better than 18% of 1034 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability64▼-5
Solvency44▼-4
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.03 against 1.02 in 2024; short-term debt: 80.8% and cash: 35.6% of total assets), and 80.8% of the assets are financed with debt.
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Signals

Five 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 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 15 years 0 20 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
19.2%
Return on assets
-1.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 1034 sector peers (2025).
NBB · sector comparison
Position among 1034 sector peers
Solvency
better than 18%
← weakest strongest →
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
23 d early
2024
3 d early
2023
28 d late
2022
on the day
2021
7 d early
2020
1 d early
2019
3 d early
← 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 months
Position in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 30 November 2010, FREMATT was incorporated.1 Total assets went from EUR 1.3 million in 2019 to EUR 516,941 in 2025 and headcount from 2.6 to 6 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€99k▼ 33.4%
2024 · €149k
Total assets
€517k▼ 18.6%
2024 · €635k
Net result
€-6k
2024 · €4k
Working capital
€14k▲ 100%
2024 · €7k
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€-39k▲ 50.4%€149k€51k▼ 65.7%€13k▼ 75.0%€-168
Net result€-53k▲ 43.4%€136k€27k▼ 80.5%€4k▼ 86.3%€-6k
Equity€51k▼ 51.0%€187k▲ 270%€180k▼ 4.0%€149k▼ 16.9%€99k▼ 33.4%
Total assets€1.06M▼ 14.0%€923k▼ 13.1%€830k▼ 10.1%€635k▼ 23.5%€517k▼ 18.6%
Debt€1.01M▼ 10.6%€736k▼ 27.2%€650k▼ 11.6%€486k▼ 25.4%€418k▼ 14.0%
Working capital€-18k€-2k▲ 88.5%€103k€7k▼ 93.3%€14k▲ 100%
Staff (FTE)3.5▼ 25.5%2.7▼ 22.9%2.2▼ 18.5%4.3▲ 95.5%6▲ 39.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-100k€0€100kOperating result 2021: €-39k€-39kNet result 2021: €-53k€-53kOperating result 2022: €149k€149kNet result 2022: €136k€136kOperating result 2023: €51k€51kNet result 2023: €27k€27kOperating result 2024: €13k€13kNet result 2024: €4k€4kOperating result 2025: €-168€-168Net result 2025: €-6k€-6k20212022202320242025€-20k€0€20k€40k€60kOperating result 2023: €51k€51kNet result 2023: €27k€27kOperating result 2024: €13k€13kNet result 2024: €4k€3.6kOperating result 2025: €-168€-168Net result 2025: €-6k€-5.7k202320242025
The operating result turns negative in 2025: a loss of €168 after €13k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €517k
Fixed assets €86k ▼ 74.7%
Current assets €431k ▲ 45.2%
Equity and liabilities €517k
Equity €99k ▼ 33.4%
Debt €418k ▼ 14.0%
Debt's share of the balance-sheet total rises from 76.5% to 80.8%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€20k▼
2024 · €33k
Cash flow
€15k▼
2024 · €24k
Current ratio
1.03▲
2024 · 1.02
Quick ratio
0.64▲
2024 · 0.46
Debt to equity
4.20▲
2024 · 3.26
ROE
-5.7%▼
2024 · 2.4%
ROA
-1.1%▼
2024 · 0.6%
Interest coverage
5.63▼
2024 · 7.05
Debt ≤ 1 year
€418k▲
2024 · €290k
Debt > 1 year
€0▼
2024 · €195k
Income taxes
€2k▼
2024 · €4k
Staff costs
€432k▲
2024 · €285k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet Code20242025
Assets
Total assets20/58€635k€517k▼
Fixed assets21/28€338k€86k▼
Tangible fixed assets22/27€338k€86k▼
Land and buildings22€234k€0▼
Plant, machinery and equipment23€101k€84k▼
Furniture and vehicles24€2k€1k▼
Current assets29/58€297k€431k▲
Stocks and contracts in progress3€163k€164k▲
Stocks30/36€163k€164k▲
Amounts receivable within one year40/41€67k€78k▲
Trade receivables40€67k€56k▼
Other amounts receivable41-€22k
Cash at bank and in hand54/58€44k€184k▲
Deferred charges and accrued income490/1€23k€5k▼
Equity and liabilities
Total equity and liabilities10/49€635k€517k▼
Equity10/15€149k€99k▼
Contributions10/11€19k€19k=
Reserves13€175k€130k▼
Distributable reserves133€175k€130k▼
Profit (loss) carried forward14€-44k€-50k▼
Amounts payable17/49€486k€418k▼
Amounts payable after more than one year17€195k€0▼
Financial debts170/4€195k€0▼
Amounts payable within one year42/48€290k€418k▲
Current portion of amounts payable after more than one year42€86k€0▼
Trade debts44€98k€122k▲
Suppliers440/4€98k€122k▲
Taxes, remuneration and social security45€72k€66k▼
Taxes450/3€39k€10k▼
Remuneration and social security454/9€33k€56k▲
Other amounts payable47/48€34k€230k▲
Income statement Code20242025
Remuneration, social security and pensions62€285k€432k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€20k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€319k€453k▲
Operating profit (loss)9901€13k€-168▼
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€8k€-4k▼
Income taxes67/77€4k€2k▼
Profit (loss) for the period9904€4k€-6k▼
Profit (loss) for the period to be appropriated9905€4k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€-50k▼
Profit (loss) brought forward from the previous period14P€-14k€-44k▼
Transfer from equity791/2€0€44k▲
Profit to be distributed694/7€34k€44k▲
Return on contributions (dividend)694€34k€44k▲
Social balance
Average headcount (FTE)90874.36.0▲

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A-€133k----
Remuneration, social security and pensions62-€134k€189k€285k€432k▲ 51.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€130k€88k€30k€21k€20k▼ 0.5%
Other operating charges640/8-€4k€44k€1k€1k▲ 18.3%
Non-recurring operating charges66A-€6k----
Gross operating margin9900€288k€381k€314k€319k€453k▲ 42.0%
Operating profit (loss)9901€-39k€149k€51k€13k€-168▼ 101%
Financial income75/76B-€108€19€0€0▼ 100%
Recurring financial income75€761€108€19€0€0▼ 100%
Financial charges65/66B-€13k€15k€5k€4k▼ 23.9%
Recurring financial charges65€14k€13k€15k€5k€4k▼ 23.9%
Profit (loss) for the period before taxes9903€-53k€137k€36k€8k€-4k▼ 147%
Income taxes67/77-€286€10k€4k€2k▼ 56.5%
Profit (loss) for the period9904€-53k€136k€27k€4k€-6k▼ 256%
Profit (loss) for the period to be appropriated9905€-53k€136k€27k€4k€-6k▼ 256%
Line20212022202320242025Change
Assets
Total assets20/58€1.06M€923k€830k€635k€517k▼ 18.6%
Fixed assets21/28€871k€729k€358k€338k€86k▼ 74.7%
Tangible fixed assets22/27€871k€729k€358k€338k€86k▼ 74.7%
Land and buildings22-€358k€234k€234k€0▼ 100%
Plant, machinery and equipment23-€366k€121k€101k€84k▼ 16.9%
Furniture and vehicles24-€5k€4k€2k€1k▼ 38.2%
Current assets29/58€191k€194k€472k€297k€431k▲ 45.2%
Stocks and contracts in progress3€34k€34k€133k€163k€164k▲ 0.9%
Stocks30/36-€34k€133k€163k€164k▲ 0.9%
Amounts receivable within one year40/41€64k€89k€323k€67k€78k▲ 16.0%
Trade receivables40-€75k€323k€67k€56k▼ 16.9%
Other amounts receivable41-€13k--€22k-
Cash at bank and in hand54/58€75k€72k€5k€44k€184k▲ 318%
Deferred charges and accrued income490/1--€11k€23k€5k▼ 78.1%
Equity and liabilities
Total equity and liabilities10/49€1.06M€923k€830k€635k€517k▼ 18.6%
Equity10/15€51k€187k€180k€149k€99k▼ 33.4%
Contributions10/11-€19k€19k€19k€19k=
Reserves13€176k€176k€175k€175k€130k▼ 25.2%
Non-distributable reserves130/1-€2k----
Reserves not available under the articles1311-€2k----
Distributable reserves133-€175k€175k€175k€130k▼ 25.2%
Profit (loss) carried forward14€-144k€-8k€-14k€-44k€-50k▼ 13.0%
Amounts payable17/49€1.01M€736k€650k€486k€418k▼ 14.0%
Amounts payable after more than one year17€802k€540k€282k€195k€0▼ 100%
Financial debts170/4-€540k€282k€195k€0▼ 100%
Amounts payable within one year42/48€209k€196k€369k€290k€418k▲ 43.9%
Current portion of amounts payable after more than one year42-€107k€94k€86k€0▼ 100%
Trade debts44€23k€32k€206k€98k€122k▲ 24.4%
Suppliers440/4-€32k€206k€98k€122k▲ 24.4%
Taxes, remuneration and social security45-€48k€35k€72k€66k▼ 8.7%
Taxes450/3-€34k€20k€39k€10k▼ 74.5%
Remuneration and social security454/9-€14k€15k€33k€56k▲ 68.9%
Other amounts payable47/48-€9k€34k€34k€230k▲ 576%
Line20212022202320242025Change
Profit (loss) for the period9904€-53k€136k€27k€4k€-6k▼ 256%
+ Depreciation and write-downs630€130k€88k€30k€21k€20k▼ 0.5%
Operating cash flow (approximation)€77k€224k€57k€24k€15k▼ 39.0%
Investment in fixed assets (approximation)-€54k€341k€0€232k-
Change in cash-€-3k€-67k€39k€140k▲ 258%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
08-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
28-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 28 days late
2023
31-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial Back to profitnet €136k
Net result €136k after 2 loss-making years.
30-06
Financial Equity above €150kEq €187k ▲270%
Equity rises from €51k to €187k.
24-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial Weakest financial yearnet €-93k
Net result drops to €-93k, the lowest in the series; recovery starts the following year.
28-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
30-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
30-01
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
05-01
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, Hoogstraten · 1 establishment unit since 2010
seat establishment The establishment unit on the map
Ground area
7,891 m²
Building footprint
2,514 m²
Volume, LiDAR
17,246 m³
Parcel 13020F0275/00H000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Frematt
Riyadhstraat 32, 2321 HoogstratenManufacture of fabricated metal products, except machinery and equipment
since 20102.194.121.984
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13020F0275/00H000 Flanders 7,891 m² 1 · 2,513 m² 8.1 m · 2 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.

Public money · subsidies and aid

Flemish government

2024 to 2025 · 2 entries · 4,686 EUR awarded · 4,686 EUR paid
Year Entries awardedpaid
2025 1 2,045 EUR2,045 EUR
2024 1 2,641 EUR2,641 EUR
Schemes
Vlaams opleidingsverlof (VOV)
2 entries · 4,686 EUR · 4,686 EUR paid · Departement Werk en Sociale Economie

Similar companies · same sector, comparable size

Of 3,464 companies in sector 25530 we hold annual accounts for 1,655. 1,250 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
Founded30-11-2010
Fiscal year end31-12
Activities, NACEBEL 2025
25530Machining of metals
25510Coating of metals
28220Manufacture of machinery and equipment not elsewhere classified
28300Manufacture of machinery and equipment not elsewhere classified
28420Manufacture of machinery and equipment not elsewhere classified
28990Manufacture of machinery and equipment not elsewhere classified

Scores and ratios are computed by Checked and are not a credit decision.