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FRONEO

Active Private limited company (pre-2019)founded 2018active for 8 yearsAvenue de l'Espinette 8, 1348 Ottignies-Louvain-la-NeuveKBO/BCE: BE 0692.594.351

Lifetime

8 annual accounts with figures on one time axis
peak €131,182 (2025)
€131,182▲ 20.5%
peak €88,655 (2025)
€88,655▲ 20.7%
peak €458,251 (2025)
€458,251▲ 24.0%
€9,262▼ 62.4%
Board1 name since 2018
Documentsfilings and deeds
13-08-202613 days late
2025abbreviated format
Gross margin from €108,863 to €131,182Equity from €369,596 to €458,251Debts from €24,622 to €9,262

Key points

from the 2025 annual accounts

Equity

€458,251 ▲ 24.0%

FRONEO has made a profit in every financial year since 2018.

Liquidity

50.43 was 15.98 in 2024

Short-term debts fell from €24,622 to €9,262.

Filings

8 annual accounts 4 late
AprilJune31 JulyOctober20202025

The 2019 accounts came latest: 61 days after the end of the period.

Checked score

97
Excellent
Financially stronger than 76% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 25,933 companies (NACE 62, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026lowest value 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026highest value 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

100=equity 98.0% of total assets
100=short-term debt 2.0% · cash 99.5%
92=return on assets 19.0%

Score breakdown

lowers risk
Liquidity: current ratio 50.43, cash €465,196
Sector: Computer programming, consultancy and related activities (NACE 62)
Equity €458,251 (98.0% of total assets)
Size: total assets €467,513
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 85% of them on solvency, 96% on liquidity, 56% on profitability and 68% on growth.

The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 6,782 companies had the same profile as FRONEO has now. Each dot stands for 17 companies, two years later.

96.7%
were still trading
2.7%
stopped another way
0.6%
went bankrupt
  • Small
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of FRONEO itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 6,782 companies, not a prediction for FRONEO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €40,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 50.43 (15.98 in 2024), above the usual 1.5. Short-term debt is 2% and cash 99.5% of total assets. 2% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 50.43, cash €465,196
NBB · annual accounts
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Equity €458,251 (98.0% of total assets)
NBB · annual accounts
lowers risk · Size: total assets €467,513
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 8 filings
Deviation from the deadline
2025
13 days late
2024
28 days early
2023
8 days early
2022
20 days early
2021
59 days early
2020
26 days late
2019
61 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 2 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 11 July (4 of the last 5 accounts filed within 33 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

  • DURIEUX Yves Maurice Paul Marie founderdeed of 19-03-2018
Board & ownership

Recent changes

Incorporation Founder: DURIEUX Yves Maurice Paul Marie · Founding capital of €18,600, 186 shares, €12,400 paid up · Appointment: DURIEUX Yves Maurice Paul Marie (manager) · published on 19-03-2018 · Gazette deed
First establishment Avenue de l'Espinette 8, Ottignies-Louvain-la-Neuve
All 17 events

Comparable companies

same main activity, similar in size and age
Company
FRONEO Ottignies-Louvain-la-Neuve €467,513 €131,182 98.0% -
YDesk Genappe €445,625 €133,625 81.9% -
Notrix Puurs-Sint-Amands €473,492 €127,510 66.9% -
THOMAS TUTS Oosterzele €456,781 €146,572 52.3% -
GTECH Assesse €506,949 €120,007 17.0% -
DigiTrans Antwerp €508,381 €129,848 41.4% -
BitProject Vorselaar €417,142 €111,667 73.3% -

These companies have the same main activity as FRONEO: computer programming (NACE 62100). They are comparable in size and age: total assets between €417,000 and €508,000, founded between 2017 and 2019.

Official details

Source: KBO
Status
Active since 15-03-2018Normal situation
Activity
Computer programmingNACE 62100and 2 others
Establishment unit
2.275.763.0251348 Ottignies-Louvain-la-Neuve, since 15-03-2018
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2025

≈ €210,000estimated
€467,513▲ 18.6%
Filing
Filed on 13-08-2026
Financials

Insights on FRONEO

FRONEO files the abbreviated format. That format states no turnover. The gross margin rose from €56,850 in 2018 to €131,182 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about FRONEO

What is the company number of FRONEO?
The company number of FRONEO is 0692.594.351. The VAT number is the same number with BE in front: BE 0692.594.351.
Where is FRONEO based?
The registered office is at Avenue de l'Espinette 8, 1348 Ottignies-Louvain-la-Neuve.Company details
What does FRONEO do?
According to the KBO register, the main activity is computer programming (NACE 62100).
What is the legal form of FRONEO?
FRONEO is a private limited company (pre-2019) (BVBA).
When was FRONEO founded?
FRONEO was founded on 15-03-2018.
Is FRONEO still active?
Yes, FRONEO is an active enterprise in the KBO register.
What is the turnover of FRONEO?
The turnover in financial year 2025 is ≈ €210,000. This figure is estimated from the gross margin of €131,182 and 45 comparable companies (NACE 62100). It probably lies between €180,000 and €290,000.Financials
Is FRONEO profitable?
In financial year 2025, FRONEO made a profit of €88,655.
Where can I find the annual accounts of FRONEO?
FRONEO filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FRONEO due?
FRONEO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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