Financials
- Financial year
- 2014
- Total assets
- €38.5m
- Profit
- €1.9m
- Solvency
- 98.2%
Total assets▲ 5.8%
Net result
20102014
Summary
FRES is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2014 annual accounts show equity of €37.8m and a net result of €1.9m. Equity is growing by about 31% per year across the filed financial years. The company has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Activities of holding companies
NACE 64210
1 site
Size
€38.5mtotal assets 2014
- Equity
- €37.8m
- Profit
- €1.9m
Turnover not published (abbreviated format)
Financial health
Financial institution: outside the modelBankruptcy probability: sector outside the model
Structure
Accounts 3724 days overdue0 of 4 deeds read
SignalsneutralNo filing for yearsFiled after the deadlineShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Bankruptcy probability, 12 months
This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Two signals.
neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2014. Since then, 11 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 7 filingsPosition against the passed deadline
31-12-2015 year end31-07-2016 deadline11-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2014 was due by 31-07-2015 and was filed on 31-08-2015, 31 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (1)
- General meeting · Director reappointmentPermanent representative
- Annual accounts filedfinancial year 2014 · abbreviated…
- Highest result from 2010 to 2014net €1.9m ▲5.6%
Key points
By topic
Timeline
- Events
- 12
- Since
- 2009
- 28-08-2014Annual accounts filed
- 31-12-2013Liquidity more than doubles
- 28-08-2013Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Limited partnership
- Activity
- Activities of holding companiesNACE 64210
- Founded
- 18-08-2008
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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