FROTECH
ActiveSummary
FROTECH has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €6k and a net result of €-3k. Equity is growing by ~16.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 15869 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-47
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
100%
Return on assets
-45.7%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
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 · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
42 d early
2022
30 d late
2021
12 d early
2020
30 d early
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€6k▼ 31.4%
2023 · €9k
2018: €4k
2019: €3k
2020: €6k
2021: €8k
2022: €9k
2023: €9k
2018 → 2024
Total assets
€6k▼ 34.2%
2023 · €10k
2018: €4k
2019: €3k
2020: €7k
2021: €8k
2022: €9k
2023: €10k
2018 → 2024
Net result
€-3k
2023 · €382
2018: €-281
2019: €-1k
2020: €3k
2021: €2k
2022: €817
2023: €382
2018 → 2024
Working capital
€9k▲ 4.3%
2022 · €9k
2021: €8k
2022: €9k
2021 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€6k-€8k▲ 30.9%€9k▲ 10.2%€9k▲ 4.3%€6k▼ 31.4%
Operating result€3k-€2k▼ 43.9%€841▼ 56.1%€412▼ 51.0%€-3k
Net result€3k-€2k▼ 44.2%€817▼ 56.9%€382▼ 53.2%€-3k
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 €3k after €412 in 2023, the lowest result in the available series.
Key figures and ratios
Solvency
100.0%▲
2023 · 95.9%
ROE
-45.7%▼
2023 · 4.1%
ROA
-45.7%▼
2023 · 4.0%
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 26 lines
Balance sheet
Code20232024
Assets
Total assets20/58€10k€6k▼
Current assets29/58€10k€6k▼
Stocks and contracts in progress3€2k€2k=
Stocks30/36€2k€2k=
Amounts receivable within one year40/41€7k€3k▼
Trade receivables40€6k€2k▼
Other amounts receivable41€637€817▲
Cash at bank and in hand54/58€950€2k▲
Equity and liabilities
Total equity and liabilities10/49€10k€6k▼
Equity10/15€9k€6k▼
Contributions10/11€20k€20k=
Profit (loss) carried forward14€-11k€-14k▼
Amounts payable17/49€390-
Amounts payable within one year42/48€390-
Trade debts44€390-
Suppliers440/4€390-
Income statement
Code20232024
Other operating charges640/8€446€449▲
Gross operating margin9900€858€-2k▼
Operating profit (loss)9901€412€-3k▼
Financial charges65/66B€29€29▼
Recurring financial charges65€29€29▼
Profit (loss) for the period before taxes9903€382€-3k▼
Profit (loss) for the period9904€382€-3k▼
Profit (loss) for the period to be appropriated9905€382€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-11k€-14k▼
Profit (loss) brought forward from the previous period14P€-11k€-11k▲
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-3k ▼858%
Net result drops to €-3k, the lowest in the series.
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Liquidity times 8current ratio 156.12
Current ratio from 18.94 to 156.12; short-term debt falls from €447 to €57.
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
10-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 10 days late
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
29-06
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.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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 2011
Ground area
1.5 ha
Building footprint
2,541 m²
Volume, LiDAR
12,404 m³
Parcel 73302C0109/00M000, Flanders · tallest building 9.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Industrieterrein Kolmen 1219, 3570 Alken
since 20112.197.229.845
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73302C0109/00M000 | Flanders | 1.5 ha | 1 · 2,541 m² | 9.2 m · 1 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.
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Probelgium
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EXCEL SHOWER
BE 0701.764.613
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ODYSSEE BELGIUM
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Of 156 companies in sector 46836 we hold annual accounts for 113. 32 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-02-2011
Fiscal year end31-12
Activities, NACEBEL 2025
46836Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.