REMY FRENAY
ActiveSummary
REMY FRENAY has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €425k and a net result of €136k. Equity is growing by ~39.9% per year across the filed fiscal years. Its solvency ranks better than 25% of 406 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▼-11
Solvency47▼-49
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 2.25 against 3.29 in 2024; short-term debt: 9.2% and cash: 5.8% of total assets), but 77.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
22.2%
Return on assets
7.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 406 sector peers (2025).
NBB · sector comparisonPosition among 406 sector peers
Solvency
better than 25%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 4 filingsDeviation from the deadline
2025
31 d late
2024
2 d early
2023
22 d late
2022
26 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€136k▲ 107%
2024 · €66k
2022: €111k
2023: €106k
2024: €66k
2022 → 2025
Working capital
€220k▼ 2.7%
2024 · €226k
2022: €70k
2023: €148k
2024: €226k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€116k-€222k▲ 91.1%€288k▲ 29.6%€425k▲ 47.2%
Operating result€138k-€137k▼ 0.4%€88k▼ 36.0%€181k▲ 106%
Net result€111k-€106k▼ 4.8%€66k▼ 37.9%€136k▲ 107%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 106% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.91M
Fixed assets
€1.52M ▲ 1,816%
Current assets
€397k ▲ 22.2%
Equity and liabilities €1.91M
Equity
€425k ▲ 47.2%
Debt
€1.49M ▲ 1,184%
Debt's share of the balance-sheet total rises from 28.7% to 77.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€319k▲
2024 · €111k
Cash flow
€274k▲
2024 · €89k
Current ratio
2.25▼
2024 · 3.29
Debt to equity
3.51▲
2024 · 0.40
ROE
32.1%▲
2024 · 22.8%
ROA
7.1%▼
2024 · 16.3%
Interest coverage
7.34▼
2024 · 15.71
Debt ≤ 1 year
€177k▲
2024 · €99k
Debt > 1 year
€1.31M▲
2024 · €17k
Income taxes
€6k▼
2024 · €20k
Staff costs
€132k▲
2024 · €116k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€404k€1.91M▲
Fixed assets21/28€79k€1.52M▲
Tangible fixed assets22/27€78k€1.09M▲
Land and buildings22€11k€1.09M▲
Plant, machinery and equipment23€10k-
Furniture and vehicles24€57k€4k▼
Financial fixed assets28€815€426k▲
Current assets29/58€325k€397k▲
Stocks and contracts in progress3€54k-
Stocks30/36€54k-
Amounts receivable within one year40/41€73k€282k▲
Trade receivables40€61k€277k▲
Other amounts receivable41€12k€5k▼
Cash at bank and in hand54/58€195k€111k▼
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€404k€1.91M▲
Equity10/15€288k€425k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€283k€420k▲
Amounts payable17/49€116k€1.49M▲
Amounts payable after more than one year17€17k€1.31M▲
Financial debts170/4€17k€1.31M▲
Amounts payable within one year42/48€99k€177k▲
Current portion of amounts payable after more than one year42€10k€122k▲
Trade debts44€26k€39k▲
Suppliers440/4€26k€39k▲
Advances received on contracts in progress46€35k-
Taxes, remuneration and social security45€28k€16k▼
Taxes450/3€15k€863▼
Remuneration and social security454/9€13k€15k▲
Other amounts payable47/48-€103
Accrued charges and deferred income492/3-€3k
Income statement
Code20242025
Non-recurring operating income76A-€65k
Remuneration, social security and pensions62€116k€132k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€138k▲
Other operating charges640/8€4k€7k▲
Non-recurring operating charges66A€741€1k▲
Gross operating margin9900€231k€459k▲
Operating profit (loss)9901€88k€181k▲
Financial income75/76B€5k€5k▼
Recurring financial income75€5k€5k▼
Financial charges65/66B€7k€43k▲
Recurring financial charges65€7k€43k▲
Profit (loss) for the period before taxes9903€86k€142k▲
Income taxes67/77€20k€6k▼
Profit (loss) for the period9904€66k€136k▲
Profit (loss) for the period to be appropriated9905€66k€136k▲
Appropriation of the result
Profit (loss) to be appropriated9906€283k€420k▲
Profit (loss) brought forward from the previous period14P€217k€283k▲
Social balance
Average headcount (FTE)90872.03.0▲
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
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Highest result since 2022net €136k ▲107%
Operating result €181k, net result €136k, both a record.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €66k ▼37.9%
Net result drops to €66k, the lowest in the series; recovery starts the following year.
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 22 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 4.72
Current ratio from 2.06 to 4.72; short-term debt falls from €66k to €40k.
31-12
Financial
Equity above €200kEq €222k ▲91.1%
2 profitable years in a row build equity to €222k.
26-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Dalhem · 1 establishment unit since 2022
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.
Rue de Maestricht(BER) 684607 DalhemGround area
766 m²
Building footprint
72 m²
Volume, LiDAR
621 m³
Parcel 62014A0300/00E000, Wallonia · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
REMY FRENAY
since 20222.327.902.010
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62014A0300/00E000 | Wallonia | 766 m² | 1 · 72 m² | 10.2 m · 3 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
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JNJ Invest
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ACCUFRI C. D'AMBROSIO ET FILS
BE 0420.760.561
Liège · Eq €436k
REFRIGERATION LAMBERT
BE 0457.080.232
Thuin · Eq €461k
Of 462 companies in sector 28250 we hold annual accounts for 285. 229 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-01-2022
Fiscal year end31-12
Activities, NACEBEL 2025
28250Manufacture of machinery and equipment not elsewhere classified
33140Repair and maintenance of electrical equipment
43240Other construction installation
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:info@remyfrenay.be
Phone:+32472646875