Financials
- Fiscal year
- 2024
- Total assets
- €356,780
- Profit
- €8,860
- Solvency
- -105.9%
Total assets▼ 1.7%
Net result
20182024
IMMO FRALEX
ActiveSummary
The computed 12-month bankruptcy probability of IMMO FRALEX is 3.8% (moderate). The 2024 annual accounts show negative equity (-€377,797) and a net result of €8,860. Equity remains stable across the filed fiscal years (±0.7% per year). The company has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Activity not known
Size
€356,780total assets 2024
- Equity
- -€377,797
- Profit
- €8,860
Structure
Accounts 65 d overdue0 of 2 deeds read
Why 48- Figures for FY 2024 (filed 02-10-2025)- No establishment unit in the KBO- Liquidity: current ratio 0.20, cash €990+ Size: total assets €356,780Show the evidence
Checked score
Score 2024
48
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 29% of its sector peers (no NACE code, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency
0=
equity -105.9% of total assets
Liquidity
0-1
short-term debt 203.8% · cash 0.3%
Profitability
72+4
return on assets 2.5%
Bankruptcy probability, 12 months
3.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 4.1%
12-2024: 5.1%▲ +24.7% vs 11-2024
01-2025: 9.8%▲ +91.3% vs 12-2024highest value
02-2025: 2.7%▼ -72.6% vs 01-2025
03-2025: 2.6%▼ -2.2% vs 02-2025
04-2025: 2.6%● 0.0% vs 03-2025
05-2025: 2.7%▲ +3.4% vs 04-2025
06-2025: 3.0%▲ +11.4% vs 05-2025
07-2025: 3.1%▲ +2.5% vs 06-2025
08-2025: 4.0%▲ +29.9% vs 07-2025
09-2025: 4.6%▲ +13.7% vs 08-2025
10-2025: 5.5%▲ +19.9% vs 09-2025
11-2025: 1.7%▼ -68.7% vs 10-2025
12-2025: 1.7%● 0.0% vs 11-2025
01-2026: 1.7%● 0.0% vs 12-2025
02-2026: 1.7%● 0.0% vs 01-2026
03-2026: 1.7%▼ -2.3% vs 02-2026
04-2026: 1.6%▼ -2.3% vs 03-2026lowest value
05-2026: 1.6%● 0.0% vs 04-2026lowest value
06-2026: 1.8%▲ +10.6% vs 05-2026
07-2026: 1.9%▲ +5.0% vs 06-2026
08-2026: 2.7%▲ +44.1% vs 07-2026
09-2026: 3.0%▲ +11.1% vs 08-2026
10-2026: 3.8%▲ +24.9% vs 09-2026
- Size: total assets €356,780 lowers the probability for this profile
- Figures for FY 2024 (filed 02-10-2025) raises the probability
- No establishment unit in the KBO raises the probability
- Liquidity: current ratio 0.20, cash €990 raises the probability
No credit on open account
Liquidity short (current ratio 0.2 against 0.19 in 2023; short-term debt: 203.8% and cash: 0.3% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 5%, liquidity 3%, profitability 52%, growth against the median 55%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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
not confirmed
2024
61 d late
2023
174 d late
2022
153 d late
2021
153 d late
2018
184 d late
2017
423 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 191 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · full…
- Annual accounts filedfiscal year 2023 · full…
- Back to profitnet €8,860
Key points
By topic
Timeline
- Events
- 12
- Since
- 2014
- 30-09-2025Annual accounts filed
- 21-01-2025Annual accounts filed
- 31-12-2024Back to profit
Company details
- Legal form
- Public limited company
- Founded
- 21-04-1993
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
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