IMMO FRAVAN
ActiveIMMO FRAVAN has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €403k and a net result of €20k. Equity is growing by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 80% of 9690 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
89
/ 100
Excellent▲ +37 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability25▲+25
Solvency100=
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 2.89 against 2.62 in 2023), and 28.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 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
71 d late
2023
190 d late
2022
92 d late
2021
90 d late
2020
90 d late
2019
122 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€403k▲ 5.3%
2023 · €382k
2018: €277k
2019: €307k
2020: €340k
2021: €363k
2022: €399k
2023: €382k
2018 → 2024
Total assets
€560k▲ 8.4%
2023 · €517k
2018: €386k
2019: €414k
2020: €481k
2021: €507k
2022: €574k
2023: €517k
2018 → 2024
Net result
€20k
2023 · €-17k
2018: €19k
2019: €30k
2020: €33k
2021: €23k
2022: €36k
2023: €-17k
2018 → 2024
Working capital
€257k▲ 19.8%
2023 · €214k
2018: €119k
2019: €151k
2020: €184k
2021: €203k
2022: €236k
2023: €214k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€340k-€363k▲ 6.8%€399k▲ 9.9%€382k▼ 4.2%€403k▲ 5.3%
Operating result€53k-€38k▼ 29.0%€55k▲ 45.0%€-11k€33k
Net result€33k-€23k▼ 29.7%€36k▲ 54.2%€-17k€20k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €33k after a loss of €11k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €560k
Fixed assets
€168k▼ 1.4%
Current assets
€393k▲ 13.2%
Equity and liabilities €560k
Equity
€403k▲ 5.3%
Debt
€158k▲ 17.1%
The debt ratio rises from 26.1% to 28.2%: debt grows faster than equity.
Key figures and ratios
EBITDA
€35k▲
2023 · €-9k
Cash flow
€23k▲
2023 · €-15k
Solvency
71.8%▼
2023 · 73.9%
Current ratio
2.89▲
2023 · 2.62
Quick ratio
2.89▲
2023 · 2.62
Debt / equity
0.39▲
2023 · 0.35
ROE
5.0%▲
2023 · -4.4%
ROA
3.6%▲
2023 · -3.3%
Interest coverage
2.92▲
2023 · -1.69
Debt
€158k▲
2023 · €135k
Debt ≤ 1 year
€136k▲
2023 · €133k
Debt > 1 year
€22k▲
2023 · €1k
Income taxes
€7k▲
2023 · €828
Staff costs
€75k▼
2023 · €111k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€517k€560k▲
Fixed assets21/28€170k€168k▼
Tangible fixed assets22/27€14k€12k▼
Furniture and vehicles24€4k€4k▼
Other tangible fixed assets26€9k€8k▼
Financial fixed assets28€156k€156k=
Current assets29/58€347k€393k▲
Amounts receivable within one year40/41€347k€380k▲
Trade receivables40€100k€116k▲
Other amounts receivable41€247k€264k▲
Cash at bank and in hand54/58€0€13k▲
Deferred charges and accrued income490/1€294€0▼
Equity and liabilities
Total equity and liabilities10/49€517k€560k▲
Equity10/15€382k€403k▲
Contributions10/11€19k€19k=
Reserves13€235k€235k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€235k€235k=
Profit (loss) carried forward14€129k€149k▲
Amounts payable17/49€135k€158k▲
Amounts payable after more than one year17€1k€22k▲
Financial debts170/4€1k€22k▲
Amounts payable within one year42/48€133k€136k▲
Current portion of amounts payable after more than one year42€7k€17k▲
Financial debts43€6k€8k▲
Credit institutions430/8€6k€8k▲
Trade debts44€2k€17k▲
Suppliers440/4€2k€17k▲
Taxes, remuneration and social security45€50k€26k▼
Taxes450/3€35k€13k▼
Remuneration and social security454/9€15k€13k▼
Other amounts payable47/48€67k€68k▲
Accrued charges and deferred income492/3€1k€450▼
Income statement
Code20232024
Remuneration, social security and pensions62€111k€75k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k=
Other operating charges640/8€13k€7k▼
Gross operating margin9900€115k€117k▲
Operating profit (loss)9901€-11k€33k▲
Financial income75/76B€3€7k▲
Recurring financial income75€3€7k▲
Financial charges65/66B€5k€12k▲
Recurring financial charges65€5k€12k▲
Profit (loss) for the period before taxes9903€-16k€28k▲
Income taxes67/77€828€7k▲
Profit (loss) for the period9904€-17k€20k▲
Profit (loss) for the period to be appropriated9905€-17k€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€129k€149k▲
Profit (loss) brought forward from the previous period14P€146k€129k▼
Social balance
Average headcount (FTE)90872.31.4▼
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 71 days late
06-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 190 days late
2024
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
2023
31-12
Financial
Weakest financial yearnet €-17k ▼147%
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 92 days late
2022
31-12
Financial
Highest result since 2018net €36k ▲54.2%
Operating result €55k, net result €36k, both a record.
29-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 90 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 90 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 122 days late
2019
29-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 90 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 58 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 60 days late
2016
15-11
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 107 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Roeselare · 1 establishment unit since 1997
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.
Maximiliaan Demeulenaerestraat 218800 RoeselareGround area
1,073 m²
Building footprint
224 m²
Volume, LiDAR
1,416 m³
Parcel 36017D0386/00D000, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Immo Fravan
since 19972.084.275.424
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36017D0386/00D000 | Flanders | 1,073 m² | 1 · 224 m² | 10.5 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.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 386 EUR awarded · 497 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 221 EUR | 440 EUR |
| 2022 | 1 | 165 EUR | 57 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 11,708 companies in sector 68310 we hold annual accounts for 6,875. 4,739 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-11-1997
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
70311
68121Development of residential building projects
70111
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.