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FRUMASSO

Active
Private limited company (pre-2019)founded 2000active for 26 yearsTiensesteenweg 286, 3800 Sint-Truiden, BelgiumKBO/BCE: BE 0471.947.362

From the official registers: KBO 25 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

FRUMASSO has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €70,256 and a net result of €66,275. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 55% of 3,706 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (28 days) Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00480415.

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
28-08-2026
Format
micro format
Reference
2026-00480415
Turnover
≈ €390,000
Estimated: probably between €260,000 and €580,000
Total assets
€187,461▲ 191%
2024 · €64,338
Net result
€66,275
2024 · -€7,394
Working capital
€26,945
2024 · -€22,285
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result returns to profit in 2025: €88,157 after a loss of €11,813 in 2024, the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€88,157 2025 Net result€66,275 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 01, Crop and animal production, hunting and related service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€54,604-€13,696€6,553▼ 52.2%-€39,524€15,360-€18,624-€11,813▲ 36.6%€88,157
Net result-€35,963-€27,169€25,921above the sector's middle half▼ 4.6%-€37,515below the sector's middle half€17,934within the sector's middle half-€5,514below the sector's middle half-€7,394below the sector's middle half▼ 34.1%€66,275above the sector's middle half
Equity€11,379-€38,549▲ 239%€64,470within the sector's middle half▲ 67.2%€26,956within the sector's middle half▼ 58.2%€44,889within the sector's middle half▲ 66.5%€11,376below the sector's middle half▼ 74.7%€3,982below the sector's middle half▼ 65.0%€70,256within the sector's middle half▲ 18×
Total assets€76,448-€147,510▲ 93.0%€176,234within the sector's middle half▲ 19.5%€120,085below the sector's middle half▼ 31.9%€102,456below the sector's middle half▼ 14.7%€72,460below the sector's middle half▼ 29.3%€64,338below the sector's middle half▼ 11.2%€187,461within the sector's middle half▲ 191%
Debt€65,069-€108,962▲ 67.5%€111,764▲ 2.6%€93,129▼ 16.7%€57,567▼ 38.2%€61,084▲ 6.1%€60,357▼ 1.2%€117,205▲ 94.2%
Working capital-€17,495-€35,691€25,136within the sector's middle half▼ 29.6%-€3,572within the sector's middle half€14,273within the sector's middle half-€20,400within the sector's middle half-€22,285within the sector's middle half▼ 9.2%€26,945within the sector's middle half
Solvency14.9%-26.1%▲ 11.2pp36.6%within the sector's middle half▲ 10.4pp22.4%within the sector's middle half▼ 14.1pp43.8%within the sector's middle half▲ 21.4pp15.7%within the sector's middle half▼ 28.1pp6.2%below the sector's middle half▼ 9.5pp37.5%within the sector's middle half▲ 31.3pp
Current ratio0.72-1.52▲ 0.801.37within the sector's middle half▼ 0.150.94within the sector's middle half▼ 0.431.35within the sector's middle half▲ 0.410.64within the sector's middle half▼ 0.700.63within the sector's middle half▼ 0.011.36within the sector's middle half▲ 0.73
Return on assets (ROA)-47.0%-18.4%▲ 65.5pp14.7%above the sector's middle half▼ 3.7pp-31.2%below the sector's middle half▼ 45.9pp17.5%above the sector's middle half▲ 48.7pp-7.6%below the sector's middle half▼ 25.1pp-11.5%below the sector's middle half▼ 3.9pp35.4%above the sector's middle half▲ 46.8pp
Staff (FTE)0.5below the sector's middle half19▲ 38×3.1▼ 83.7%2.6▼ 16.1%1▼ 61.5%2.5▲ 150%
above within below the middle half of NACE 01, Crop and animal production, hunting and related service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €187,461
Fixed assets €86,532 ▲ 229%
Current assets €100,929 ▲ 165%
Equity and liabilities €187,461
Equity €70,256 ▲ 18×
Debt €117,205 ▲ 94.2%
Debt's share of the balance-sheet total falls from 93.8% to 62.5%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€126,165▲
2024 · -€2,622
Cash flow
€104,283▲
2024 · €1,796
Debt to equity
1.67▼
2024 · 15.16
ROE
94.3%▲
2024 · -185.7%
Interest coverage
82.66▲
2024 · -2.52
Debt ≤ 1 year
€73,983▲
2024 · €60,357
Debt > 1 year
€43,023
Income taxes
€20,558▲
2024 · -€1,565
Staff costs
€15,423▲
2024 · €6,166
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,368 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93.5% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 31,368 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines

Source: Annual accounts 2025 at the NBB, filed with the National Bank on 28-08-2026.

Balance sheet Code20242025
Assets
Total assets20/58€64,338€187,461▲
Fixed assets21/28€26,267€86,532▲
Tangible fixed assets22/27€25,767€86,032▲
Land and buildings22€2,128€4,433▲
Plant, machinery and equipment23€1,210€855▼
Furniture and vehicles24€22,429€80,744▲
Financial fixed assets28€500€500=
Current assets29/58€38,072€100,929▲
Amounts receivable within one year40/41€5,220€4,931▼
Trade receivables40€3,786€4,926▲
Other amounts receivable41€1,434€5▼
Cash at bank and in hand54/58€30,512€92,301▲
Deferred charges and accrued income490/1€2,339€3,696▲
Equity and liabilities
Total equity and liabilities10/49€64,338€187,461▲
Equity10/15€3,982€70,256▲
Contributions10/11€20,000€20,000=
Reserves13€2,000€2,000=
Non-distributable reserves130/1€2,000€2,000=
Reserves not available under the articles1311€2,000€2,000=
Profit (loss) carried forward14-€18,018€48,256▲
Amounts payable17/49€60,357€117,205▲
Amounts payable after more than one year17-€43,023
Financial debts170/4-€43,023
Amounts payable within one year42/48€60,357€73,983▲
Current portion of amounts payable after more than one year42€2,045€6,449▲
Trade debts44€1,089€869▼
Suppliers440/4€1,089€869▼
Taxes, remuneration and social security45€893€2,040▲
Taxes450/3€893€2,040▲
Other amounts payable47/48€56,330€64,626▲
Accrued charges and deferred income492/3-€198
Income statement Code20242025
Remuneration, social security and pensions62€6,166€15,423▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,190€38,008▲
Other operating charges640/8€1,137€1,245▲
Non-recurring operating charges66A€888-
Gross operating margin9900€5,568€142,834▲
Operating profit (loss)9901-€11,813€88,157▲
Financial income75/76B€3,893€202▼
Recurring financial income75€88€49▼
Non-recurring financial income76B€3,806€152▼
Financial charges65/66B€1,040€1,526▲
Recurring financial charges65€1,040€1,526▲
Profit (loss) for the period before taxes9903-€8,959€86,833▲
Income taxes67/77-€1,565€20,558▲
Profit (loss) for the period9904-€7,394€66,275▲
Profit (loss) for the period to be appropriated9905-€7,394€66,275▲
Appropriation of the result
Profit (loss) to be appropriated9906-€18,018€48,256▲
Profit (loss) brought forward from the previous period14P-€10,624-€18,018▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the accounts filed with the National Bank.

Line20182019202020212022202320242025Change
Remuneration, social security and pensions62---€11,755€17,582€20,714€6,166€15,423▲ 150%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,844€18,588€19,322€22,111€14,311€14,534€9,190€38,008▲ 314%
Other operating charges640/8---€1,159€919€733€1,137€1,245▲ 9.5%
Non-recurring operating charges66A------€888--
Gross operating margin9900€173,298€37,904€48,540-€4,500€48,171€17,357€5,568€142,834▲ 26×
Operating profit (loss)9901-€54,604€13,696€6,553-€39,524€15,360-€18,624-€11,813€88,157-
Financial income75/76B---€4,730€4,093€14,500€3,893€202▼ 94.8%
Recurring financial income75€507€213€142€0€9€14,500€88€49▼ 43.7%
Non-recurring financial income76B---€4,730€4,085€14,500€3,806€152▼ 96.0%
Financial charges65/66B---€1,378€1,238€1,104€1,040€1,526▲ 46.7%
Recurring financial charges65€6,956€552€1,345€1,378€1,238€1,104€1,040€1,526▲ 46.7%
Profit (loss) for the period before taxes9903-€35,731€27,319€31,569-€36,171€18,215-€5,227-€8,959€86,833-
Income taxes67/77€231€150€5,648€1,343€281€286-€1,565€20,558-
Profit (loss) for the period9904-€35,963€27,169€25,921-€37,515€17,934-€5,514-€7,394€66,275-
Profit (loss) for the period to be appropriated9905-€35,963€27,169€25,921-€37,515€17,934-€5,514-€7,394€66,275-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€76,448€147,510€176,234€120,085€102,456€72,460€64,338€187,461▲ 191%
Fixed assets21/28€32,221€43,051€83,729€61,618€47,307€35,457€26,267€86,532▲ 229%
Tangible fixed assets22/27€31,721€42,551€83,229€61,118€46,807€34,957€25,767€86,032▲ 234%
Land and buildings22---€2,475€2,121€2,663€2,128€4,433▲ 108%
Plant, machinery and equipment23-----€1,565€1,210€855▼ 29.3%
Furniture and vehicles24---€58,643€44,686€30,729€22,429€80,744▲ 260%
Financial fixed assets28€500€500€500€500€500€500€500€500=
Current assets29/58€44,227€104,460€92,505€58,467€55,149€37,003€38,072€100,929▲ 165%
Amounts receivable within one year40/41€19,170€7,769€14,057€645€15,717€5,082€5,220€4,931▼ 5.5%
Trade receivables40---€196€13,604€941€3,786€4,926▲ 30.1%
Other amounts receivable41---€448€2,113€4,141€1,434€5▼ 99.6%
Cash at bank and in hand54/58€24,721€95,851€77,301€57,271€39,066€31,527€30,512€92,301▲ 203%
Deferred charges and accrued income490/1---€552€366€393€2,339€3,696▲ 58.0%
Equity and liabilities
Total equity and liabilities10/49€76,448€147,510€176,234€120,085€102,456€72,460€64,338€187,461▲ 191%
Equity10/15€11,379€38,549€64,470€26,956€44,889€11,376€3,982€70,256▲ 18×
Contributions10/11€48,000€48,000-€48,000€48,000€20,000€20,000€20,000=
Reserves13€2,000€2,000€2,000€2,000€2,000€2,000€2,000€2,000=
Non-distributable reserves130/1---€2,000€2,000€2,000€2,000€2,000=
Reserves not available under the articles1311---€2,000€2,000€2,000€2,000€2,000=
Profit (loss) carried forward14-€38,621-€11,451€14,470-€23,044-€5,111-€10,624-€18,018€48,256-
Amounts payable17/49€65,069€108,962€111,764€93,129€57,567€61,084€60,357€117,205▲ 94.2%
Amounts payable after more than one year17€1,044€40,193€44,394€30,415€16,299€2,045-€43,023-
Financial debts170/4---€30,415€16,299€2,045-€43,023-
Amounts payable within one year42/48€61,723€68,769€67,370€62,039€40,877€57,403€60,357€73,983▲ 22.6%
Current portion of amounts payable after more than one year42---€13,979€14,116€14,254€2,045€6,449▲ 215%
Trade debts44€272-€183€586€225€568€1,089€869▼ 20.2%
Suppliers440/4---€586€225€568€1,089€869▼ 20.2%
Taxes, remuneration and social security45---€6,405€782€830€893€2,040▲ 128%
Taxes450/3---€6,405€782€830€893€2,040▲ 128%
Other amounts payable47/48---€41,069€25,754€41,751€56,330€64,626▲ 14.7%
Accrued charges and deferred income492/3---€675€391€1,637-€198-
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€35,963€27,169€25,921-€37,515€17,934-€5,514-€7,394€66,275-
+ Depreciation and write-downs630€14,844€18,588€19,322€22,111€14,311€14,534€9,190€38,008▲ 314%
Operating cash flow (approximation)-€21,119€45,757€45,243-€15,404€32,244€9,020€1,796€104,283▲ 58×
Investment in fixed assets (approximation)--€29,417-€60,000€0€0-€2,684€0-€98,273-
Change in cash-€71,130-€18,550-€20,030-€18,205-€7,539-€1,015€61,789-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 25 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 28-08-2026 2026-00480415 NBB
31-12-2024 micro format 28-08-2025 2025-00445842 PDF
31-12-2023 micro format 29-08-2024 2024-00420597 PDF
31-12-2022 micro format 29-08-2023 2023-00401779 PDF
31-12-2021 micro format 27-08-2022 2022-20337634 PDF
31-12-2020 micro format 31-08-2021 2021-62300058 PDF
31-12-2019 micro format 30-07-2020 2020-37100567 PDF
31-12-2018 micro format 30-07-2019 2019-41100169 PDF
31-12-2017 micro format 29-08-2018 2018-53900419 PDF
31-12-2016 micro format 27-07-2017 2017-37400497 PDF

Show all 25 filings

Similar companies · same sector, comparable size

Of the 20,432 active companies whose main activity is mixed farming (NACE 01500), figures are known for 1,193. 816 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2022 to 2024 · 3 entries · €9,378 awarded · €9,378 paid
Year Entries AwardedPaid
2024 1 €2,485€2,485
2023 1 €4,492€4,492
2022 1 €2,401€2,401
Schemes
3 entries · €9,378 · €9,378 paid · VLAAMS FONDS VOOR DE LASTENDELGING

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.