La Fraternité
The computed 12-month bankruptcy probability of La Fraternité is < 0.1% (very low). The 2023 annual accounts show equity of €3.87M and a net result of €-118k. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 50% of 85 sector peers (fiscal year 2023). The company has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €3.87M |
| Net result | €-118k |
| Staff (FTE) | 12.2 |
| Better than sector | 50% |
Strong profile, led by stability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 52.3% | 52.3% | |
| Net result | €-118k | €19k | |
| Equity | €3.87M | €229k | |
| Staff costs | €13.05M | €510k | |
| Employees (FTE) | 12.2 | 10.8 |
| Fiscal year | 2023 |
|---|---|
| Revenue | €314k |
| EBITDA | €311k |
| Net profit | €-118k |
| Cash flow | €273k |
| Staff costs | €13.05M |
| Income taxes | €2k |
| Dividends | - |
| Total assets | €7.40M |
| Equity | €3.87M |
| Debt | €3.49M |
| of which ≤ 1y | €476k |
| of which > 1y | €2.99M |
| Working capital | €1.32M |
| Employees (FTE) | 12.2 |
| 2023 | |
|---|---|
| Current ratio | 3.78 |
| Quick ratio | 3.78 |
| Working capital ratio | 17.8% |
| Solvency | 52.3% |
| Debt / equity | 0.90 |
| Long-term debt ratio | 0.77 |
| Interest coverage | 8.32 |
| Gross margin | 45.7% |
| Net margin | -37.4% |
| ROA | -1.6% |
| ROE | -3.0% |
| EBITDA margin | 99.1% |
| Days sales outstanding | 133d |
| Days payable outstanding | 371d |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €7.40M |
| Fixed assets | 21/28 | €5.60M |
| Tangible fixed assets | 22/27 | €5.60M |
| Financial fixed assets | 28 | €500 |
| Current assets | 29/58 | €1.80M |
| Amounts receivable within one year | 40/41 | €1.13M |
| Cash & bank | 54/58 | €649k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €7.40M |
| Equity | 10/15 | €3.87M |
| Accumulated profits (losses) | 14 | €1.37M |
| Provisions & deferred taxes | 16 | €40k |
| Amounts payable | 17/49 | €3.49M |
| Amounts payable after one year | 17 | €2.99M |
| Amounts payable within one year | 42/48 | €476k |
| Trade debts payable within one year | 44 | €174k |
| Income statement | ||
| Turnover | 70 | €314k |
| Operating result | 9901 | €-79k |
| Financial income | 75 | €2k |
| Financial charges | 65 | €42k |
| Result before taxes | 9903 | €-116k |
| Income taxes | 67/77 | €2k |
| Net result for the period | 9904 | €-118k |
| Result to be appropriated | 9905 | €-118k |
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Current22-11-2022 → present
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Current01-07-2022 → present
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Current01-07-2022 → present
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Current01-07-2022 → present
2 events
- 01-07-2022 Resigned· Director
- 01-07-2022 Appointed· Director
-
Current01-07-2022 → present
Former directors (2)
-
Former- → 22-11-2022
-
Former- → 04-05-2015
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| DGST & Partners - réviseurs d'entreprisesCurrent Statutory auditor · represented by Fabio Crisi |
- | 11-09-2020 → present |
| DGST & Partners Reviseurs d'entreprises Statutory auditor · represented by Fabio Crisi |
- | 11-09-2019 → 11-09-2019 |
| NACE primary | 85314 |
| Legal form | Non-profit association(017) |
| Incorporation | 11-06-1981 |
| Status | Active |
| Postal code | 1020 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21815D0302/00Z000 | Brussels | 2,698 m² | 1 · 987 m² | 21.1 m · 6 fl. |
| 21815D0221/00B006 | Brussels | 1,804 m² | 1 · 40 m² | 14.1 m · 4 fl. |
| 21815D0302/00H002 | Brussels | 816 m² | 1 · 772 m² | 20.8 m · 6 fl. |
| 21813A0324/00L000 | Brussels | 420 m² | 1 · 442 m² | 27.1 m · 8 fl. |
| 21815D0221/00A006 | Brussels | 404 m² | - | - |
| 21815D0302/00R002 | Brussels | 212 m² | 1 · 212 m² | 12.2 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
16-04-2026 Act object · Auditor mandate · Officer appointment
- Publication: 2026-04-16 · La Fraternité
- Filing: 2026-04-08 · La Fraternité
- Act object: Actualisation de la composition de l'Assemblée Générale et reconduction du mandat du commissaire réviseur · La Fraternité
- Auditor mandate: end_date: 2028-12-31, start_date: 2026-12-31, decision_date: 2026-01-27 · La Fraternité
- Officer appointment: role: Vice-Présidence de l'Organe d'administration et de l'AG, decision_date: 2023-06-13 · Rita Van Driel
- Officer appointment: role: Président de l'Organe d'administration · Jean-Pierre BOOSTEN
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}11-09-2019 Fabio Crisi reappointed as statutory auditor
- Fabio Crisi, Commissaris
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}15-06-2015 Marc François resigns as director
- Marc François, Bestuurder
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}13-03-2014 Change in the board of directors
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | La Fraternité |