Financials
- Financial year
- 2023
- Turnover
- €31,245
- Profit
- €4,907
- Solvency
- 1.3%
FRK
ActiveSummary
The computed 12-month bankruptcy probability of FRK is at least 25% (high). For FRK, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €1,009 and a net result of €4,907. Equity is growing by about 90% per year across the filed financial years. Its solvency ranks better than 13% of 8,829 sector peers (NACE 41, financial year 2023). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).
Overview
Activity
General construction of other non-residential buildings
NACE 41003
1 site
Size
€31,245turnover 2023
- Equity
- €1,009
- Profit
- €4,907
Financial health
- Bankruptcy probabilitywithin 12 months
- ≥ 25%
2023 figures too old to score
Structure
Accounts 441 days overdue1 of 6 deeds read
Signalsraises risk2 financial years not filed after the legal deadline; latest accounts 309 days late; 2 of the last 3 lateEx-officio strike-off in the KBO1 change of registered office in 24 monthsFigures for financial year 2023 (filed 05-06-2025)Two or more financial years not filedFiled more than 90 days lateAdministrative warnings in the KBO publicationsShow the evidence
Bankruptcy probability
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Weak
Solvency
26+19
equity 1.3% of total assets
Liquidity
6-1
short-term debt 98.7% · cash 4.4%
Profitability
54+47
return on assets 6.4%
Bankruptcy probability, 12 months
≥ 25%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 3 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 9.5%lowest value
12-2024: 16.3%▲ +6.8 percentage points vs 11-2024
01-2025: 16.3%● unchanged vs 12-2024
02-2025: 16.3%● unchanged vs 01-2025
03-2025: 22.0%▲ +5.7 percentage points vs 02-2025
04-2025: 21.9%▼ -0.1 percentage points vs 03-2025
05-2025: 21.9%● unchanged vs 04-2025
06-2025: 21.9%● unchanged vs 05-2025
07-2025: 22.2%▲ +0.3 percentage points vs 06-2025
08-2025: 21.8%▼ -0.4 percentage points vs 07-2025
09-2025: 22.3%▲ +0.5 percentage points vs 08-2025
10-2025: 24.9%▲ +2.6 percentage points vs 09-2025
11-2025: 24.7%▼ -0.2 percentage points vs 10-2025
12-2025: ≥ 25%▲ +1.2 percentage points vs 11-2025
01-2026: ≥ 25%● unchanged vs 12-2025
02-2026: ≥ 25%● unchanged vs 01-2026
03-2026: ≥ 25%● unchanged vs 02-2026
04-2026: ≥ 25%● unchanged vs 03-2026
05-2026: ≥ 25%● unchanged vs 04-2026
06-2026: ≥ 25%● unchanged vs 05-2026
07-2026: ≥ 25%● unchanged vs 06-2026
08-2026: ≥ 25%● unchanged vs 07-2026highest value
09-2026: ≥ 25%● unchanged vs 08-2026
10-2026: ≥ 25%● unchanged vs 09-2026
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Signals
Seven signals.
raises risk
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filingsPosition against the passed deadline
31-12-2024 year end31-07-2025 deadline15-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 05-06-2025, 309 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 3 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
309 days late
2022
675 days late
2021
30 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 338 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
- Annual accounts filedfinancial year 2023 · micro…
- Annual accounts filedfinancial year 2022 · micro…
- Registered officeRegistered-office move · Director in…
Key points
By topic
Timeline
- Events
- 7
- Since
- 2022
- 29-11-2024Address struck
- 31-12-2023Back to profit
- 31-12-2022Weakest financial year
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- General construction of other non-residential buildingsNACE 41003
- Founded
- 24-11-2020
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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