FREMOZIA
ActiveFREMOZIA has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €109k and a net result of €13k. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 24% of 36373 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability67▲+51
Solvency48=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.65 against 0.78 in 2023; short-term debt: 24.9% and cash: 0.8% of total assets), and 77.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
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 2024Solvency, return and age of the figures
Solvency
22.8%
Return on assets
2.6%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 36373 sector peers (2024).
NBB · sector comparisonPosition among 36373 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-06-2025, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
37 d early
2023
7 d early
2022
24 d late
2021
16 d late
2020
23 d late
2019
28 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€109k▼ 4.9%
2023 · €115k
2018: €82k
2019: €112k
2020: €146k
2021: €195k
2022: €141k
2023: €115k
2018 → 2024
Total assets
€479k▼ 2.2%
2023 · €490k
2018: €521k
2019: €570k
2020: €660k
2021: €680k
2022: €546k
2023: €490k
2018 → 2024
Net result
€13k
2023 · €-26k
2018: €-9k
2019: €30k
2020: €34k
2021: €49k
2022: €25k
2023: €-26k
2018 → 2024
Working capital
€-42k▼ 117%
2023 · €-19k
2018: €32k
2019: €50k
2020: €58k
2021: €91k
2022: €25k
2023: €-19k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€146k-€195k▲ 33.3%€141k▼ 27.7%€115k▼ 18.5%€109k▼ 4.9%
Operating result€50k-€74k▲ 46.7%€42k▼ 43.0%€-19k€20k
Net result€34k-€49k▲ 41.9%€25k▼ 47.6%€-26k€13k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €20k after a loss of €19k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €479k
Fixed assets
€402k▼ 4.3%
Current assets
€78k▲ 10.6%
Equity and liabilities €479k
Equity
€109k▼ 4.9%
Debt
€370k▼ 1.4%
The debt ratio rises from 76.5% to 77.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€42k▲
2023 · €4k
Cash flow
€35k▲
2023 · €-3k
Solvency
22.8%▼
2023 · 23.5%
Current ratio
0.65▼
2023 · 0.78
Quick ratio
0.59▼
2023 · 0.72
Debt / equity
3.38▲
2023 · 3.26
ROE
11.6%▲
2023 · -22.6%
ROA
2.6%▲
2023 · -5.3%
Interest coverage
5.35▲
2023 · 0.51
Debt
€370k▼
2023 · €375k
Debt ≤ 1 year
€120k▲
2023 · €89k
Debt > 1 year
€247k▼
2023 · €285k
Income taxes
€160▲
2023 · €153
Staff costs
€122k▼
2023 · €181k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€490k€479k▼
Fixed assets21/28€420k€402k▼
Tangible fixed assets22/27€420k€402k▼
Land and buildings22€420k€398k▼
Plant, machinery and equipment23€549€0▼
Furniture and vehicles24€0€4k▲
Current assets29/58€70k€78k▲
Stocks and contracts in progress3€5k€7k▲
Stocks30/36€5k€7k▲
Amounts receivable within one year40/41€25k€63k▲
Trade receivables40€8k€36k▲
Other amounts receivable41€17k€27k▲
Cash at bank and in hand54/58€32k€4k▼
Deferred charges and accrued income490/1€8k€4k▼
Equity and liabilities
Total equity and liabilities10/49€490k€479k▼
Equity10/15€115k€109k▼
Contributions10/11€12k€12k=
Reserves13€129k€110k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€127k€108k▼
Profit (loss) carried forward14€-26k€-13k▲
Amounts payable17/49€375k€370k▼
Amounts payable after more than one year17€285k€247k▼
Financial debts170/4€285k€247k▼
Amounts payable within one year42/48€89k€120k▲
Current portion of amounts payable after more than one year42€40k€38k▼
Financial debts43-€18k
Credit institutions430/8-€18k
Trade debts44€31k€19k▼
Suppliers440/4€31k€19k▼
Taxes, remuneration and social security45€19k€26k▲
Taxes450/3€12k€4k▼
Remuneration and social security454/9€7k€22k▲
Other amounts payable47/48-€17k
Accrued charges and deferred income492/3€418€3k▲
Income statement
Code20232024
Non-recurring operating income76A-€487
Remuneration, social security and pensions62€181k€122k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€22k▼
Other operating charges640/8€4k€5k▲
Gross operating margin9900€189k€169k▼
Operating profit (loss)9901€-19k€20k▲
Financial income75/76B€608€823▲
Recurring financial income75€608€823▲
Financial charges65/66B€8k€8k=
Recurring financial charges65€8k€8k=
Profit (loss) for the period before taxes9903€-26k€13k▲
Income taxes67/77€153€160▲
Profit (loss) for the period9904€-26k€13k▲
Profit (loss) for the period to be appropriated9905€-26k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-26k€-13k▲
Profit (loss) brought forward from the previous period14P-€-26k
Transfer from equity791/2€0€18k▲
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€0€18k▲
Return on contributions (dividend)694€0€18k▲
Social balance
Average headcount (FTE)90872.4-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-26k ▼202%
Net result drops to €-26k, the lowest in the series; recovery starts the following year.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 24 days late
2022
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 16 days late
2021
31-12
Financial
Highest result since 2018net €49k ▲41.9%
Operating result €74k, net result €49k, both a record.
31-12
Financial
Equity above €150kEq €195k ▲33.3%
3 profitable years in a row build equity to €195k.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 23 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
2019
31-12
Financial
Back to profitnet €30k
Net result €30k after one loss-making year.
31-12
Financial
Equity above €100kEq €112k ▲35.9%
Equity rises from €82k to €112k.
14-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 14 days late
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 21 days late
2017
17-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 17 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Herent · 1 establishment unit since 2011
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.
Rijweg 933020 HerentGround area
1,770 m²
Building footprint
748 m²
Volume, LiDAR
4,995 m³
Parcel 24423H0232/00N000, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Fremozia
since 20112.197.274.781
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24423H0232/00N000 | Flanders | 1,770 m² | 1 · 748 m² | 8.8 m · 2 fl. |
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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 1,012 EUR awarded · 1,012 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 1,012 EUR | 1,012 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
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Of 747 companies in sector 43332 we hold annual accounts for 411. 353 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded15-02-2011
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
43332Laying of wooden floor and wall coverings
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.