FRIMEX
ActiveFRIMEX has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €151k and a net result of €36k. Equity is growing by ~10.3% per year across the filed fiscal years. Its solvency ranks better than 56% of 26046 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability78▲+15
Solvency65▼-4
Growth85▲+6
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity tight (current ratio 1.28 against 1.09 in 2023; short-term debt: 38.1% and cash: 30.8% of total assets), and 60.4% 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
92 d late
2022
69 d late
2021
86 d late
2020
87 d late
2019
108 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€611k▲ 103%
2023 · €301k
2018: €153k
2019: €151k
2020: €167k
2021: €229k
2022: €307k
2023: €301k
2018 → 2024
EBIT margin
8.3%▲ 8.3pp
2023 · 0.0%
2018: -2.0%
2019: -0.6%
2020: 23.1%
2021: 1.2%
2022: 1.4%
2023: 0.0%
2018 → 2024
Net result
€36k
2023 · €-2k
2018: €-5k
2019: €-1k
2020: €39k
2021: €-3k
2022: €3k
2023: €-2k
2018 → 2024
Working capital
€40k▲ 311%
2023 · €10k
2018: €44k
2019: €62k
2020: €46k
2021: €34k
2022: €34k
2023: €10k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€167k-€229k▲ 37.0%€307k▲ 34.2%€301k▼ 1.9%€611k▲ 103%
Equity€117k-€114k▼ 2.2%€117k▲ 2.5%€115k▼ 1.5%€151k▲ 31.3%
Operating result€39k-€3k▼ 93.0%€4k▲ 58.7%€117▼ 97.3%€51k▲ 43,542%
Net result€39k-€-3k€3k€-2k€36k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 43,542% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €382k
Fixed assets
€196k▲ 38.7%
Current assets
€186k▲ 52.9%
Equity and liabilities €382k
Equity
€151k▲ 31.3%
Debt
€230k▲ 56.2%
The debt ratio rises from 56.2% to 60.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€82k▲
2023 · €25k
Cash flow
€67k▲
2023 · €23k
Solvency
39.6%▼
2023 · 43.8%
Current ratio
1.28▲
2023 · 1.09
Quick ratio
1.28▲
2023 · 1.04
Debt / equity
1.52▲
2023 · 1.28
ROE
23.9%▲
2023 · -1.6%
ROA
9.5%▲
2023 · -0.7%
Interest coverage
35.52▲
2023 · 11.33
Debt
€230k▲
2023 · €148k
Debt ≤ 1 year
€145k▲
2023 · €112k
Debt > 1 year
€40k▲
2023 · €36k
Income taxes
€13k▲
2023 · €278
Staff costs
€902▼
2023 · €5k
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€263k€382k▲
Formation expenses20-€0
Fixed assets21/28€141k€196k▲
Tangible fixed assets22/27€141k€196k▲
Land and buildings22€65k€61k▼
Plant, machinery and equipment23€57k€91k▲
Furniture and vehicles24€20k€44k▲
Financial fixed assets28€79€79=
Current assets29/58€121k€186k▲
Stocks and contracts in progress3€5k-
Stocks30/36€5k-
Amounts receivable within one year40/41€79k€68k▼
Trade receivables40€78k€43k▼
Other amounts receivable41€823€25k▲
Cash at bank and in hand54/58€37k€118k▲
Equity and liabilities
Total equity and liabilities10/49€263k€382k▲
Equity10/15€115k€151k▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€95k€131k▲
Amounts payable17/49€148k€230k▲
Amounts payable after more than one year17€36k€40k▲
Financial debts170/4€36k€40k▲
Amounts payable within one year42/48€112k€145k▲
Current portion of amounts payable after more than one year42€19k€23k▲
Financial debts43-€25k
Credit institutions430/8-€25k
Trade debts44€41k€96k▲
Suppliers440/4€41k€96k▲
Taxes, remuneration and social security45€5k€1k▼
Taxes450/3€4k€1k▼
Remuneration and social security454/9€1k-
Other amounts payable47/48€46k-
Accrued charges and deferred income492/3-€45k
Income statement
Code20232024
Turnover70€301k€611k▲
Goods, raw materials, services and sundry goods60/61€287k€571k▲
Remuneration, social security and pensions62€5k€902▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€31k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€32k€85k▲
Operating profit (loss)9901€117€51k▲
Financial income75/76B€605€12▼
Recurring financial income75€605€12▼
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€-2k€49k▲
Income taxes67/77€278€13k▲
Profit (loss) for the period9904€-2k€36k▲
Profit (loss) for the period to be appropriated9905€-2k€36k▲
Appropriation of the result
Profit (loss) to be appropriated9906€95k€131k▲
Profit (loss) brought forward from the previous period14P€97k€95k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Back to profitnet €36k
Net result €36k after one loss-making year.
31-12
Financial
Equity above €150kEq €151k ▲31.3%
Equity rises from €115k to €151k.
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 92 days late
2023
08-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 69 days late
2022
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
25-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 86 days late
2021
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 87 days late
2020
31-12
Financial
Back to profitnet €39k
Net result €39k after 2 loss-making years.
31-12
Financial
Equity above €100kEq €117k ▲50%
Equity rises from €78k to €117k.
16-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 108 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
16-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 16 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, Merbes-le-Château · 1 establishment unit since 2006
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.
Route de l'Etat(MSM) 486567 Merbes-le-ChâteauGround area
393 m²
Building footprint
105 m²
Volume, LiDAR
757 m³
Parcel 56050B0159/00L000, Wallonia · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FRIMEX
since 20062.154.660.307
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56050B0159/00L000 | Wallonia | 393 m² | 1 · 105 m² | 9.0 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.
Similar companies · same sector, comparable size
BILLY CARS
BE 0683.698.362
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Garage Centorame et Fils
BE 0829.283.484
Binche · Eq €151k
IMMOCASE
BE 0444.903.366
Lennik · Eq €151k
MOTOTEC
BE 0457.010.946
Brussel · Eq €151k
GARAGE LIEVEN VERHELST
BE 0833.176.154
Ledegem · Eq €151k
Of 10,672 companies in sector 47811 we hold annual accounts for 5,223. 3,716 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded13-06-2006
Fiscal year end31-12
Activities, NACEBEL
01430Raising of horses and other equines
47811Retail sale of cars and light vans (up to 3.5 tonnes)
50103
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:scauflaire.axel@gmail.com