HOMAFRAS
ActiveHOMAFRAS has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €721k and a net result of €12k. Equity is growing by ~4.1% per year across the filed fiscal years. Its solvency ranks better than 93% of 7892 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
91
/ 100
Excellent▲ +5 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability8▲+7
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 15.94 against 7.64 in 2024), and 8.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
91.3%
Return on assets
1.5%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-08-2026, 14 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
14 d late
2024
29 d late
2023
30 d late
2022
31 d late
2021
30 d late
2020
5 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€721k▼ 4.1%
2024 · €752k
2018: €499k
2019: €618k
2020: €664k
2021: €693k
2022: €721k
2023: €751k
2024: €752k
2018 → 2025
Total assets
€789k▼ 8.4%
2024 · €862k
2018: €885k
2019: €988k
2020: €859k
2021: €887k
2022: €866k
2023: €887k
2024: €862k
2018 → 2025
Net result
€12k▲ 746%
2024 · €1k
2018: €137k
2019: €119k
2020: €46k
2021: €30k
2022: €28k
2023: €29k
2024: €1k
2018 → 2025
Working capital
€571k▲ 7.1%
2024 · €533k
2018: €457k
2019: €590k
2020: €436k
2021: €465k
2022: €500k
2023: €514k
2024: €533k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€693k-€721k▲ 4.0%€751k▲ 4.1%€752k▲ 0.2%€721k▼ 4.1%
Operating result€44k-€37k▼ 14.5%€44k▲ 19.0%€14k▼ 69.0%€32k▲ 131%
Net result€30k-€28k▼ 7.3%€29k▲ 5.3%€1k▼ 95.3%€12k▲ 746%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 131% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €789k
Fixed assets
€180k▼ 27.5%
Current assets
€609k▼ 0.7%
Equity and liabilities €789k
Equity
€721k▼ 4.1%
Provisions
€28k=
Debt
€41k▼ 50.2%
The debt ratio falls from 9.6% to 5.2%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€108k▲
2024 · €98k
Cash flow
€88k▲
2024 · €86k
Solvency
91.3%▲
2024 · 87.3%
Current ratio
15.94▲
2024 · 7.64
Quick ratio
11.95▲
2024 · 4.45
Debt / equity
0.06▼
2024 · 0.11
ROE
1.6%▲
2024 · 0.2%
ROA
1.5%▲
2024 · 0.2%
Interest coverage
29.97▲
2024 · 23.28
Debt
€41k▼
2024 · €82k
Debt ≤ 1 year
€38k▼
2024 · €80k
Income taxes
€5k▲
2024 · €702
Staff costs
€54k▲
2024 · €51k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€862k€789k▼
Fixed assets21/28€248k€180k▼
Tangible fixed assets22/27€248k€180k▼
Plant, machinery and equipment23€242k€169k▼
Furniture and vehicles24€7k€11k▲
Current assets29/58€614k€609k▼
Stocks and contracts in progress3€256k€153k▼
Stocks30/36€135k€148k▲
Contracts in progress37€121k€5k▼
Amounts receivable within one year40/41€284k€266k▼
Trade receivables40€186k€180k▼
Other amounts receivable41€98k€85k▼
Cash at bank and in hand54/58€24k€145k▲
Deferred charges and accrued income490/1€50k€46k▼
Equity and liabilities
Total equity and liabilities10/49€862k€789k▼
Equity10/15€752k€721k▼
Contributions10/11€100k€100k=
Reserves13€652k€621k▼
Non-distributable reserves130/1€10k€10k=
Reserves not available under the articles1311€10k€10k=
Distributable reserves133€642k€611k▼
Provisions and deferred taxes16€28k€28k=
Provisions for liabilities and charges160/5€28k€28k=
Environmental obligations163€28k€28k=
Amounts payable17/49€82k€41k▼
Amounts payable within one year42/48€80k€38k▼
Current portion of amounts payable after more than one year42€8k€8k=
Financial debts43€35k€15k▼
Credit institutions430/8€35k€15k▼
Trade debts44€21k€214▼
Suppliers440/4€21k€214▼
Taxes, remuneration and social security45€5k€6k▲
Taxes450/3-€2k
Remuneration and social security454/9€5k€5k▲
Other amounts payable47/48€12k€9k▼
Accrued charges and deferred income492/3€2k€3k▲
Income statement
Code20242025
Remuneration, social security and pensions62€51k€54k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€84k€76k▼
Other operating charges640/8€2k€1k▼
Gross operating margin9900€151k€163k▲
Operating profit (loss)9901€14k€32k▲
Financial income75/76B€396€702▲
Recurring financial income75€396€702▲
Financial charges65/66B€12k€16k▲
Recurring financial charges65€4k€4k▼
Non-recurring financial charges66B€8k€13k▲
Profit (loss) for the period before taxes9903€2k€16k▲
Income taxes67/77€702€5k▲
Profit (loss) for the period9904€1k€12k▲
Profit (loss) for the period to be appropriated9905€1k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1k€12k▲
Transfer from equity791/2-€43k
Transfer to equity691/2€1k€12k▲
To other reserves6921€1k€12k▲
Profit to be distributed694/7-€43k
Return on contributions (dividend)694-€43k
Social balance
Average headcount (FTE)90871.0-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 14 days late
2025
31-12
Financial
Liquidity doublescurrent ratio 15.94
Current ratio from 7.64 to 15.94; short-term debt falls from €80k to €38k.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet €1k ▼95.3%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €500kEq €618k ▲23.9%
2 profitable years in a row build equity to €618k.
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 26 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2022
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
07-03-2022
Resigned as Manager
Location & real-estate footprint
Registered office, Kinrooi · 1 establishment unit since 2000
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Leuerbroek (Oph) 10643640 KinrooiGround area
5,456 m²
Building footprint
2,876 m²
Volume, LiDAR
16,744 m³
Parcel 72026C0335/00F000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Homafras
since 20002.097.655.286
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72026C0335/00F000 | Flanders | 5,456 m² | 1 · 2,876 m² | 8.0 m · 2 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.
Similar companies · same sector, comparable size
HENRI SNOECK
BE 0460.033.485
Thimister-Clermont · Eq €721k
BELGIAN COMPANY MACHINERY
BE 0847.494.443
Temse · Eq €721k
BURRICK
BE 0428.206.993
Lochristi · Eq €723k
IMMO MENENDEZ
BE 0463.202.219
Visé · Eq €719k
Barré Manufacturing and Engineering
BE 0460.369.225
Ath · Eq €717k
Of 3,448 companies in sector 25530 we hold annual accounts for 1,645. 1,204 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded29-09-2000
Fiscal year end31-12
Activities, NACEBEL
25530Machining of metals
46630Wholesale trade
51820
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.