FROLAM
ActiveFROLAM has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €218k and a net result of €-7k. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 77% of 19344 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency74▲+3
Growth52=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days only on tighter terms
Liquidity short (current ratio 0.81 against 0.71 in 2023), and 32.4% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
67.6%
Return on assets
-2.1%
Age of the figures
20 mo
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 01-07-2025, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
30 d early
2023
20 d early
2022
82 d early
2021
97 d early
2020
19 d early
2019
15 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€218k▼ 3.0%
2023 · €224k
2018: €211k
2019: €205k
2020: €232k
2021: €231k
2022: €226k
2023: €224k
2018 → 2024
Total assets
€322k▼ 0.9%
2023 · €325k
2018: €374k
2019: €478k
2020: €355k
2021: €355k
2022: €348k
2023: €325k
2018 → 2024
Net result
€-7k▼ 314%
2023 · €-2k
2018: €2k
2019: €-6k
2020: €20k
2021: €-1k
2022: €-4k
2023: €-2k
2018 → 2024
Working capital
€-16k▲ 28.9%
2023 · €-23k
2018: €-88k
2019: €-43k
2020: €-55k
2021: €-39k
2022: €-30k
2023: €-23k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€232k-€231k▼ 0.5%€226k▼ 1.9%€224k▼ 0.7%€218k▼ 3.0%
Operating result€16k-€-3k€-3k▼ 5.8%€3k€-2k
Net result€20k-€-1k€-4k▼ 260%€-2k▲ 63.3%€-7k▼ 314%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €2k after €3k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €322k
Fixed assets
€252k▼ 6.0%
Current assets
€70k▲ 23.4%
Equity and liabilities €322k
Equity
€218k▼ 3.0%
Provisions
€16k▼ 14.3%
Debt
€88k▲ 8.2%
The debt ratio rises from 25.2% to 27.5%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€15k▼
2023 · €20k
Cash flow
€10k▼
2023 · €15k
Solvency
67.6%▼
2023 · 69.1%
Current ratio
0.81▲
2023 · 0.71
Quick ratio
0.81▲
2023 · 0.71
Debt / equity
0.41▲
2023 · 0.36
ROE
-3.1%▼
2023 · -0.7%
ROA
-2.1%▼
2023 · -0.5%
Interest coverage
2.22▼
2023 · 4.63
Debt
€88k▲
2023 · €82k
Debt ≤ 1 year
€86k▲
2023 · €79k
Debt > 1 year
€3k=
2023 · €3k
Income taxes
€535▼
2023 · €3k
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€325k€322k▼
Fixed assets21/28€268k€252k▼
Tangible fixed assets22/27€268k€252k▼
Land and buildings22€266k€250k▼
Plant, machinery and equipment23-€840
Furniture and vehicles24€2k€2k▼
Current assets29/58€57k€70k▲
Amounts receivable within one year40/41€3k€5k▲
Trade receivables40€3k€3k▲
Other amounts receivable41-€2k
Cash at bank and in hand54/58€54k€65k▲
Equity and liabilities
Total equity and liabilities10/49€325k€322k▼
Equity10/15€224k€218k▼
Contributions10/11€62k€62k=
Reserves13€162k€156k▼
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Tax-exempt reserves132€56k€48k▼
Distributable reserves133€103k€104k▲
Provisions and deferred taxes16€19k€16k▼
Deferred taxes168€19k€16k▼
Amounts payable17/49€82k€88k▲
Amounts payable after more than one year17€3k€3k=
Other amounts payable178/9€3k€3k=
Amounts payable within one year42/48€79k€86k▲
Trade debts44€660€146▼
Suppliers440/4€660€146▼
Taxes, remuneration and social security45€5k€6k▲
Taxes450/3€5k€6k▲
Other amounts payable47/48€73k€80k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€17k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€22k€17k▼
Operating profit (loss)9901€3k€-2k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€4k€7k▲
Recurring financial charges65€4k€7k▲
Profit (loss) for the period before taxes9903€-2k€-9k▼
Transfer from deferred taxes780€3k€3k=
Income taxes67/77€3k€535▼
Profit (loss) for the period9904€-2k€-7k▼
Transfer from tax-exempt reserves789€8k€8k=
Profit (loss) for the period to be appropriated9905€6k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€6k€1k▼
Transfer to equity691/2€6k€1k▼
To other reserves6921€6k€1k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
10-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
15-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
25-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Alken · 1 establishment unit since 2000
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.
Hendrikstraat 863570 AlkenGround area
1,708 m²
Building footprint
161 m²
Volume, LiDAR
791 m³
Parcel 73001I0280/00H000, Flanders · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Hendrikstraat 86, 3570 Alken
since 20002.084.453.883
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73001I0280/00H000 | Flanders | 1,708 m² | 1 · 161 m² | 7.1 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
AnyCommerce
BE 0825.389.727
Schoten · Eq €217k
STACHBUD
BE 0849.858.966
Antwerpen · Eq €217k
EVOLESSE
BE 0466.396.883
Sint-Pieters-Woluwe · Eq €217k
AL AHRAM
BE 0822.612.557
Kinrooi · Eq €218k
G-H INVEST
BE 0458.038.651
Antwerpen · Eq €218k
Of 9,094 companies in sector 68201 we hold annual accounts for 6,725. 4,830 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-10-1997
Fiscal year end31-12
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.