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FRR MAS

Active Risk: not assessed
Private limited companyfounded 2021active for 5 yearsRue Pepin 18, 5000 Namur, BelgiumKBO/BCE: BE 0774.315.168

From the official registers: KBO 5 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

FRR MAS is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €240,914 and a net result of €155,338. Equity has been growing by about 37% per year since 2021. Its solvency ranks better than 25% of 3,049 sector peers (NACE 66, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

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FRR MASActive
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Overview

Official details

KBO
Status
Active since 20-09-2021 Normal situation
Activity
Insurance agents and brokers NACE 66220and 3 others
Establishment unit
2.321.948.683 5000 Namur, since 20-09-2021
Financial year end
31 December
Peppol
Reachable since 16-12-2025
Company details

Board and ownership

Board
  • RONVAUX FrançoisDirector
Board & ownership

Financial position

Financial institution: outside the modelBankruptcy probability: sector outside the model
Annual accounts 2025
Profit
€155,338
▲ 8.1%
Equity
€240,914
▼ 22.4%
Total assets
€1.3m
▲ 10.4%
Filed on 18-06-2026, 43 days before the deadlineat the National Bank
Financials
SignalsneutralLatest accounts filed on timeShow the evidence

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months

The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.

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Signals

1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-06-2026, 43 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
43 days early
2024
28 days late
2023
22 days late
2022
29 days late
2021
13 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 5 days after the deadline. In the sector (NACE 66), the median for financial year 2024 was 5 days before the deadline, and 39% 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 23 August (4 of the last 5 accounts filed within 36 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 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

Key points

  • Positive: Higher net result than 89% of companies in auxiliary financial servicessector median €32,375 · 3,050 companies €155,338 View
  • Positive: 5 profitable years in a rowprofit 2025: €155,338 5 years View

Comparable companies

These companies have the same main activity as FRR MAS: insurance agents and brokers (NACE 66220). They are comparable in size and age: total assets between €1.1m and €1.5m, founded between 2020 and 2022.

CompanyTotal assetsGross margin
FRR MAS Namur€1.3m€0.3m
QUALITY INSURANCE & CREDIT Lobbes€1.4m€0.3m
MVH - Hermes Management Schilde€1.2m€0.3m
JVW-Group Gavere€1.2m€0.3m
DVV HASSELT Hasselt€1.4m€0.4m
ASTA EUROPE Brussel€1.5m€0.3m
L & M brokers Beernem€1.1m€0.4m
Full comparison

Documents

Annual accounts at the NBB

All 5 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about FRR MAS
What is the company number of FRR MAS?
The company number of FRR MAS is 0774.315.168. The VAT number is the same number with BE in front: BE 0774.315.168.
Where is FRR MAS based?
The registered office is at Rue Pepin 18, 5000 Namur.Company details
What does FRR MAS do?
According to the KBO register, the main activity is insurance agents and brokers (NACE 66220).
What is the legal form of FRR MAS?
The legal form of FRR MAS is Private limited company (BV).
When was FRR MAS founded?
FRR MAS was founded on 20-09-2021.
Is FRR MAS still active?
Yes, FRR MAS is an active enterprise in the KBO register.
What is the turnover of FRR MAS?
The turnover in financial year 2025 is ≈ €500,000. This figure is estimated from the gross margin of €314,110 and 31 comparable companies (NACE 66). It probably lies between €450,000 and €580,000.Financials
Is FRR MAS profitable?
In financial year 2025, FRR MAS made a profit of €155,338.
Where can I find the annual accounts of FRR MAS?
FRR MAS filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of FRR MAS due?
FRR MAS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See what changed in the latest annual accounts.What changed See this company's board, registered office and name on a given date.Company as of a date

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