Checked.be
Active
BE 0471.947.362Private limited company (pre-2019)
FRUMASSO
Tiensesteenweg 286 ·3800 Sint-Truiden, Belgium· 26 yrs active
Sector: Mixed farming
(01500)
Conclusion
FRUMASSO has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €70k and a net result of €66k. Equity is growing by ~258.8% per year across the filed fiscal years. Its solvency ranks better than 66% of 221 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Based on the State Gazette, CBE and 3 annual accounts.
Key figures
| Equity | €70k |
| Net result | €66k |
| Staff (FTE) | 2.5 |
| Better than sector | 66% |
Financial profile
87
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
89
Profitability
100
Solvency
67
Growth
78
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 2000, 26 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
89
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€6k
estimate, not credit advice
Score history
10
2023
7
2024
89
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 1.36 (≥ 1.0)
+5
Quick ratio
Quick ratio 1.36 (≥ 1.0)
+5
Leverage
Debt/equity 1.67 (< 2.0)
+3
Profitability
ROE 94% (≥ 10%)
+10
Interest coverage
Interest coverage 82.7× (≥ 3×)
+8
Profit trend
Net profit up YoY
+5
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 28-08-2026 with the NBB · fiscal year 2025 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~258.8%/year over 3 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 01, Crop and animal production, hunting and related service activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 37.5% | 23.3% | |
| Net result | €66k | €9k | |
| Equity | €70k | €66k | |
| Gross operating margin | €143k | €47k | |
| Staff costs | €15k | €29k |
€126k
-
23-25
€66k
-
23-25
€104k
+5705.1%
23-25
€187k
+191.4%
23-25
€70k
+1664.5%
23-25
€27k
-
23-25
3
+150.0%
23-25
€15k
+150.2%
23-25
€21k
-
23-25
€117k
+94.2%
23-25
€74k
+22.6%
23-25
€43k
+2003.7%
23-25
1.36
+116.3%
23-25
1.36
+116.3%
23-25
37.5%
+505.6%
23-25
1.67
-89.0%
23-25
94.3%
-
23-25
35.4%
-
23-25
82.66
-
23-25
Figures by fiscal year and ratios
Change versus the prior fiscal year, coloured by direction (green = favourable).
| Fiscal year | 2025 Δ | 2024 Δ | 2023 Δ |
|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema |
| Revenue | - | - | - |
| EBITDA | - | +35.9% | - |
| Net profit | - | -34.1% | - |
| Cash flow | +5705.1% | -80.1% | - |
| Staff costs | +150.2% | -70.2% | - |
| Income taxes | - | - | - |
| Dividends | - | - | - |
| Total assets | +191.4% | -11.2% | - |
| Equity | +1664.5% | -65.0% | - |
| Debt | +94.2% | -1.2% | - |
| of which ≤ 1y | +22.6% | +5.1% | - |
| of which > 1y | - | - | - |
| Working capital | - | -9.2% | - |
| Employees (FTE) | +150.0% | -61.5% | - |
Ratios (computed)
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Current ratio | 1.36 | 0.63 | 0.64 |
| Quick ratio | 1.36 | 0.63 | 0.64 |
| Working capital ratio | 14.4% | -34.6% | -28.2% |
| Solvency | 37.5% | 6.2% | 15.7% |
| Debt / equity | 1.67 | 15.16 | 5.37 |
| Long-term debt ratio | 0.61 | - | 0.18 |
| Interest coverage | 82.66 | -2.52 | -3.70 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | 35.4% | -11.5% | -7.6% |
| ROE | 94.3% | -185.7% | -48.5% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Balance-sheet composition 2025
Full annual accounts (24 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €187k | €64k | €72k |
| Fixed assets | 21/28 | €87k | €26k | €35k |
| Tangible fixed assets | 22/27 | €86k | €26k | €35k |
| Financial fixed assets | 28 | €500 | €500 | €500 |
| Current assets | 29/58 | €101k | €38k | €37k |
| Amounts receivable within one year | 40/41 | €5k | €5k | €5k |
| Cash & bank | 54/58 | €92k | €31k | €32k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €187k | €64k | €72k |
| Equity | 10/15 | €70k | €4k | €11k |
| Contributions / capital | 10/11 | €20k | €20k | €20k |
| Reserves | 13 | €2k | €2k | €2k |
| Accumulated profits (losses) | 14 | €48k | €-18k | €-11k |
| Amounts payable | 17/49 | €117k | €60k | €61k |
| Amounts payable after one year | 17 | €43k | - | €2k |
| Amounts payable within one year | 42/48 | €74k | €60k | €57k |
| Trade debts payable within one year | 44 | €869 | €1k | €568 |
| Income statement | ||||
| Gross operating margin | 9900 | €143k | €6k | €17k |
| Operating result | 9901 | €88k | €-12k | €-19k |
| Financial income | 75 | €49 | €88 | €15k |
| Financial charges | 65 | €2k | €1k | €1k |
| Result before taxes | 9903 | €87k | €-9k | €-5k |
| Income taxes | 67/77 | €21k | €-2k | €286 |
| Net result for the period | 9904 | €66k | €-7k | €-6k |
| Result to be appropriated | 9905 | €66k | €-7k | €-6k |
Directors & mandates
Current directors & mandates
-
Current15-09-2025 → present
Legal Structure
| NACE primary | Mixed farming(01500) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 17-05-2000 |
| Status | Active |
| Postal code | 3800 |
Establishment units
Tiensesteenweg 286, 3800 Sint-Truiden
since 20002.097.430.208
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71353F0003/00W002 | Flanders | 903 m² | 1 · 197 m² | 9.3 m · 2 fl. |
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.
Updates
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
11-02
State Gazette act
Director changes
v3.2
2025
31-12
Financial
Back to profitnet €66k
Net result €66k after 2 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 1.36
Current ratio from 0.63 to 1.36.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
27-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 27 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Belgisch Staatsblad, acts
All acts · 1
updated 6 months ago
2026
11-02-2026 Massonet Jan appointed as director
- Massonet Jan, Bestuurder
Summary:
v3.2
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Massonet Jan",
"address": null,
"birth_date": null
},
"effective_date": "2025-09-15",
"evidence_quote": "Dhr. Massonet Jan vanaf heden wordt benoemd tot bestuurder. Dhr. Massonet Jan aanvaardt deze functie."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0471.947.362",
"name_full": "FRUMASSO",
"legal_form": "BVBA"
}
}Credit advice
Company registry (CBE)
Activities
Growing of vegetables, melons, roots and tubers01130Growing of pome and stone fruits01240Mixed farming01500Crop and animal production, hunting and related service activities01462
Names & trade names
| Legal nameNL | FRUMASSO |
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