Robert FREDERIC
ActiveSummary
Robert FREDERIC has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €559,166 and a net result of €163,625. Equity has been growing by about 15% per year since 2018. Its solvency ranks better than 53% of 9,898 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 29-06-1987 Normal situation
- Activity
- Joinery installation NACE 43320
- Joint committees
- 124 Paritair Comité voor het bouwbedrijf
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
- Establishment unit
- 2.030.525.942 4890 Thimister-Clermont, since 18-09-1987
- Financial year end
- 31 December
- Peppol
- Reachable since 17-12-2025
Board and ownership
Board
- Robert FREDERICDirector · since 06-07-1987
- MENUISERIE FREDERICDirector · since 30-10-2025 · permanent representative Bernard FREDERIC
Shareholders
- MENUISERIE FREDERIC100%· score 832025 annual accounts of MENUISERIE FREDERIC
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
Annual accounts 2025
- Gross margin
- €1.2m
- ▼ 5.1%
- Turnover
- ≈ €3.3m
- estimated
- Profit
- €163,625
- ▼ 16.1%
- Equity
- €559,166
- ▲ 12.8%
- Total assets
- €1.2m
- ▲ 5.1%
- Employees on 31-12-2025
- 18
- ▼ 10.0%
- 2025 accounts filed 55 days after the deadline
Score breakdownraises riskSector: Specialised construction activities (NACE 43)Last filed accounts filed 55 days late; 1 of the last 3 accounts latelowers riskLiquidity: current ratio 1.97, cash €255,148Founded in 1987Show the evidence
Checked score
Score 2025
93
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 71% of small companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency
72+3
equity 46.7% of total assets
Liquidity
57+14
short-term debt 41.5% · cash 21.3%
Profitability
86-4
return on assets 13.7%
Bankruptcy probability within 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.5%▲ +0.1 percentage points vs 06-2025
08-2025: 0.8%▲ +0.3 percentage points vs 07-2025highest value
09-2025: 0.2%▼ -0.6 percentage points vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.5%▲ +0.3 percentage points vs 07-2026
09-2026: 0.6%▲ +0.1 percentage points vs 08-2026
10-2026: 0.2%▼ -0.4 percentage points vs 09-2026lowest value
11-2026: 0.2%● unchanged vs 10-2026lowest value
Credit of up to €50,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.97 (1.87 in 2024), above the usual 1.5. Short-term debt is 41.5% and cash 21.3% of total assets. However, 53.3% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, small). It does better than 63% of them on solvency, 71% on liquidity, 84% on profitability and 66% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 55 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-09-2026, 55 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
55 days late
2024
27 days late
2023
on the day
2022
8 days late
2021
2 days early
2020
2 days late
2019
6 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 14 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 8 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 55 days after the deadline Filed on 24 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00521583.
Annual accounts 2025 filed on 24-09-2026 at the NBB all 39 filings
Turnover
≈ €3.3m
Estimated: probably between €2.5m and €4.4m
EBIT margin
Not included in this filing
Net result
€163,625▼ 16.1%
2024 · €194,908
Working capital
€483,475▲ 22.6%
2024 · €394,221
In the rankings
#1 oldest company in Pepinster, Construction sector#4 company by total assets in Pepinster, Construction sector#5 employer in Pepinster
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€215,916
▼ 16.7%
2025
20182025
Net result
€163,625
▼ 16.1%
2025
highest quarter of the sector
20182025
Equity
€559,166
▲ 12.8%
2025
middle half of the sector
20182025
Total assets
€1.2m
▲ 5.1%
2025
middle half of the sector
20182025
Debt
€637,927
▼ 0.8%
2025
20182025
Working capital
€483,475
▲ 22.6%
2025
highest quarter of the sector
20182025
Solvency
46.7%
▲ 3.2pp
2025
middle half of the sector
20182025
Current ratio
1.97
▲ 0.10
2025
middle half of the sector
20182025
Return on assets (ROA)
13.7%
▼ 3.4pp
2025
highest quarter of the sector
20182025
Staff (FTE)
19
=
2025
highest quarter of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.05m-€0.05m▲ 4.7%€0.01m▼ 77.5%€0.1m▲ 989%€0.02m▼ 81.9%€0.1m▲ 345%€0.3m▲ 141%€0.2m▼ 16.7%
Net result€0.04m-€0.04m▼ 7.1%€0.002mwithin the sector's middle half▼ 94.6%€0.1mabove the sector's middle half▲ 62×€0.02mwithin the sector's middle half▼ 80.8%€0.08mwithin the sector's middle half▲ 246%€0.2mabove the sector's middle half▲ 137%€0.2mabove the sector's middle half▼ 16.1%
Equity€0.2m-€0.2m▲ 17.8%€0.2mwithin the sector's middle half▲ 0.8%€0.3mwithin the sector's middle half▲ 33.9%€0.4mwithin the sector's middle half▲ 7.3%€0.4mwithin the sector's middle half▲ 13.3%€0.5mwithin the sector's middle half▲ 23.7%€0.6mwithin the sector's middle half▲ 12.8%
Total assets€1.1m-€1.0m▼ 8.2%€0.9mwithin the sector's middle half▼ 6.9%€1.0mwithin the sector's middle half▲ 11.7%€1.1mwithin the sector's middle half▲ 7.1%€1.2mwithin the sector's middle half▲ 8.2%€1.1mwithin the sector's middle half▼ 3.3%€1.2mwithin the sector's middle half▲ 5.1%
Debt€0.9m-€0.7m▼ 14.5%€0.7m▼ 9.5%€0.7m▲ 3.6%€0.7m▲ 7.1%€0.8m▲ 5.7%€0.6m▼ 17.2%€0.6m▼ 0.8%
Working capital€0.2m-€0.2m▲ 21.8%€0.2mwithin the sector's middle half▼ 2.1%€0.3mwithin the sector's middle half▲ 25.7%€0.3mwithin the sector's middle half▲ 1.1%€0.3mwithin the sector's middle half▲ 14.2%€0.4mwithin the sector's middle half▲ 24.1%€0.5mabove the sector's middle half▲ 22.6%
Solvency19.5%-25.0%▲ 5.5pp27.1%within the sector's middle half▲ 2.1pp32.4%within the sector's middle half▲ 5.4pp32.5%within the sector's middle half=34.0%within the sector's middle half▲ 1.5pp43.5%within the sector's middle half▲ 9.5pp46.7%within the sector's middle half▲ 3.2pp
Current ratio1.24-1.40▲ 0.161.41within the sector's middle half▲ 0.011.46within the sector's middle half▲ 0.051.42within the sector's middle half▼ 0.041.47within the sector's middle half▲ 0.051.87within the sector's middle half▲ 0.401.97within the sector's middle half▲ 0.10
Return on assets (ROA)3.7%-3.8%=0.2%below the sector's middle half▼ 3.6pp12.2%within the sector's middle half▲ 11.9pp2.2%within the sector's middle half▼ 10.0pp7.0%within the sector's middle half▲ 4.8pp17.1%above the sector's middle half▲ 10.1pp13.7%above the sector's middle half▼ 3.4pp
Staff (FTE)14.8-17.1▲ 15.5%14.3within the sector's middle half▼ 16.4%15.4within the sector's middle half▲ 7.7%16.3within the sector's middle half▲ 5.8%16.6within the sector's middle half▲ 1.8%19within the sector's middle half▲ 14.5%19above the sector's middle half=
above
within
below
The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 17% lower than in 2024.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets
€217,190 ▼ 25.7%
Current assets
€979,903 ▲ 15.8%
Equity and liabilities €1.2m
Equity
€559,166 ▲ 12.8%
Debt
€637,927 ▼ 0.8%
Debt's share of the balance-sheet total falls from 56.5% to 53.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€292,342▼
2024 · €324,731
Cash flow
€240,051▼
2024 · €260,457
Quick ratio
1.75▲
2024 · 1.73
Debt to equity
1.14▼
2024 · 1.30
ROE
29.3%▼
2024 · 39.3%
Interest coverage
34.76▲
2024 · 30.75
Debt ≤ 1 year
€496,429▲
2024 · €452,229
Debt > 1 year
€138,000▼
2024 · €187,619
Income taxes
€46,969▼
2024 · €54,827
Staff costs
€881,102▼
2024 · €909,379
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 16 | 16 | 16 | 20 | 18 |
| full-time | 16 | 16 | 16 | 20 | 18 |
| part-time | - | - | - | 0 | 0 |
| in full-time equivalents | 16 | 16 | 16 | 20 | 18 |
| Average over the year, in full-time equivalents | 15.4 | 16.3 | 16.6 | 19 | 19 |
| On a permanent contract | 15 | 16 | 15 | 19 | 18 |
| Joined | 4 | 5 | 7 | 7 | 2 |
| Left | 2 | 5 | 7 | 3 | 4 |
| Training hours | - | 32 | - | - | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €50,277 | €74,638 | €78,840 | €167,572 | - |
| Financial fixed assets | - | €2,943 | - | €12,200 | €1,115 |
| Depreciation and write-downs of the year | €58,681 | €54,677 | €39,039 | €65,550 | €76,426 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Public contracts
2 awards · 2024 to 2025
Construction d'une cité administrative à Huy: Mobilier fixe - Signalétique
UCL SA 2023.36 - ACCORD-CADRE AYANT POUR OBJET LA FOURNITURE, LA LIVRAISON ET LE MONTAGE DE MOBILIERS POUR LES NOUVEAUX ESPACES D'APPRENTISSAGE DE TYPE LEARNING CENTER ET POUR DES ESPACES LOUNGES DE L’UCLOUVAIN.: UCL SA 2023.36 - 7
Source: TED (Tenders Electronic Daily), Publications Office of the European Union. The values are as the buyer published them. For a framework agreement, the value is a ceiling.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €0.002m | €0.01m | €0.001m | €0 | - | - |
| Remuneration, social security and pensions62 | - | - | - | €0.6m | €0.7m | €0.8m | €0.9m | €0.9m | ▼ 3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.03m | €0.09m | €0.06m | €0.06m | €0.05m | €0.04m | €0.07m | €0.08m | ▲ 16.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €0.01m | -€0.01m | €0.008m | -€0.007m | -€60 | ▲ 99.1% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | -€0.001m | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €0.005m | €0.008m | €0.003m | €0.01m | €0.003m | ▼ 70.8% |
| Non-recurring operating charges66A | - | - | - | €0.002m | - | - | €0.001m | €0 | ▼ 100% |
| Gross operating margin9900 | €0.7m | €0.8m | €0.6m | €0.9m | €0.8m | €1.0m | €1.2m | €1.2m | ▼ 5.1% |
| Operating profit (loss)9901 | €0.05m | €0.05m | €0.01m | €0.1m | €0.02m | €0.1m | €0.3m | €0.2m | ▼ 16.7% |
| Financial income75/76B | - | - | - | €0.002m | €0.008m | €0.001m | €0.001m | €0.003m | ▲ 178% |
| Recurring financial income75 | €404 | €402 | €0.001m | €0.002m | €0.008m | €0.001m | €0.001m | €0.003m | ▲ 178% |
| Financial charges65/66B | - | - | - | €0.01m | €0.008m | €0.01m | €0.01m | €0.008m | ▼ 20.3% |
| Recurring financial charges65 | €0.01m | €0.02m | €0.01m | €0.01m | €0.008m | €0.01m | €0.01m | €0.008m | ▼ 20.3% |
| Profit (loss) for the period before taxes9903 | €0.04m | €0.04m | €0.002m | €0.1m | €0.02m | €0.1m | €0.2m | €0.2m | ▼ 15.7% |
| Income taxes67/77 | - | - | €143 | €0.002m | €145 | €0.01m | €0.05m | €0.05m | ▼ 14.3% |
| Profit (loss) for the period9904 | €0.04m | €0.04m | €0.002m | €0.1m | €0.02m | €0.08m | €0.2m | €0.2m | ▼ 16.1% |
| Transfer from tax-exempt reserves789 | - | - | - | €0.02m | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €0.04m | €0.04m | €0.002m | €0.1m | €0.02m | €0.08m | €0.2m | €0.2m | ▼ 16.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.1m | €1.0m | €0.9m | €1.0m | €1.1m | €1.2m | €1.1m | €1.2m | ▲ 5.1% |
| Fixed assets21/28 | €0.1m | €0.2m | €0.2m | €0.1m | €0.2m | €0.2m | €0.3m | €0.2m | ▼ 25.7% |
| Intangible fixed assets21 | - | €0.003m | €0.002m | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €0.08m | €0.2m | €0.1m | €0.1m | €0.1m | €0.2m | €0.3m | €0.2m | ▼ 30.2% |
| Land and buildings22 | - | - | - | €0.001m | €0.001m | - | - | - | - |
| Plant, machinery and equipment23 | - | - | - | €0.04m | €0.05m | €0.05m | €0.2m | €0.1m | ▼ 26.6% |
| Furniture and vehicles24 | - | - | - | €0.06m | €0.06m | €0.09m | €0.07m | €0.04m | ▼ 40.1% |
| Other tangible fixed assets26 | - | - | - | - | - | €0.003m | €0.002m | €0.002m | ▼ 17.5% |
| Financial fixed assets28 | €0.04m | €0.04m | €0.05m | €0.05m | €0.04m | €0.04m | €0.04m | €0.04m | ▲ 2.8% |
| Current assets29/58 | €0.9m | €0.8m | €0.8m | €0.9m | €0.9m | €1.0m | €0.8m | €1.0m | ▲ 15.8% |
| Stocks and contracts in progress3 | €0.1m | €0.07m | €0.1m | €0.08m | €0.09m | €0.1m | €0.06m | €0.1m | ▲ 75.6% |
| Stocks30/36 | - | - | - | €0.08m | €0.09m | €0.1m | €0.06m | €0.1m | ▲ 75.6% |
| Amounts receivable within one year40/41 | €0.8m | €0.6m | €0.6m | €0.5m | €0.8m | €0.8m | €0.7m | €0.6m | ▼ 10.4% |
| Trade receivables40 | - | - | - | €0.4m | €0.7m | €0.8m | €0.6m | €0.6m | ▼ 5.3% |
| Other amounts receivable41 | - | - | - | €0.05m | €0.06m | €0.07m | €0.06m | €0.02m | ▼ 63.1% |
| Cash at bank and in hand54/58 | €0.03m | €0.09m | €0.01m | €0.3m | €0.05m | €0.07m | €0.1m | €0.3m | ▲ 144% |
| Deferred charges and accrued income490/1 | - | - | - | €0.003m | €0.006m | €0.005m | €0.02m | €0.02m | ▲ 17.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.1m | €1.0m | €0.9m | €1.0m | €1.1m | €1.2m | €1.1m | €1.2m | ▲ 5.1% |
| Equity10/15 | €0.2m | €0.2m | €0.2m | €0.3m | €0.4m | €0.4m | €0.5m | €0.6m | ▲ 12.8% |
| Contributions10/11 | €0.1m | €0.1m | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Reserves13 | €0.02m | €0.02m | €0.02m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Non-distributable reserves130/1 | - | - | - | €0.01m | €0.01m | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.01m | €0.01m | - | - | - | - |
| Distributable reserves133 | - | - | - | - | - | €0.01m | €0.01m | €0.01m | = |
| Profit (loss) carried forward14 | €0.04m | €0.08m | €0.08m | €0.2m | €0.2m | €0.2m | €0.3m | €0.4m | ▲ 18.9% |
| Investment grants15 | - | - | - | - | €257 | €160 | €63 | €0 | ▼ 100% |
| Provisions and deferred taxes16 | €0.002m | €0.002m | €0.001m | - | - | - | - | - | - |
| Amounts payable17/49 | €0.9m | €0.7m | €0.7m | €0.7m | €0.7m | €0.8m | €0.6m | €0.6m | ▼ 0.8% |
| Amounts payable after more than one year17 | €0.08m | €0.2m | €0.1m | €0.09m | €0.07m | €0.1m | €0.2m | €0.1m | ▼ 26.4% |
| Financial debts170/4 | - | - | - | €0.09m | €0.07m | €0.1m | €0.2m | €0.1m | ▼ 26.4% |
| Amounts payable within one year42/48 | €0.8m | €0.6m | €0.5m | €0.6m | €0.7m | €0.7m | €0.5m | €0.5m | ▲ 9.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.05m | €0.04m | €0.03m | €0.05m | €0.05m | ▼ 4.0% |
| Financial debts43 | - | - | - | - | €0.08m | €0.09m | €0 | - | - |
| Credit institutions430/8 | - | - | - | - | €0.08m | €0.09m | €0 | - | - |
| Trade debts44 | €0.4m | €0.2m | €0.4m | €0.4m | €0.4m | €0.4m | €0.2m | €0.2m | ▲ 17.2% |
| Suppliers440/4 | - | - | - | €0.4m | €0.4m | €0.4m | €0.2m | €0.2m | ▲ 17.2% |
| Taxes, remuneration and social security45 | - | - | - | €0.04m | €0.04m | €0.05m | €0.04m | €0.07m | ▲ 69.5% |
| Taxes450/3 | - | - | - | €0.003m | €0.007m | €0.007m | €0.01m | €0.02m | ▲ 35.3% |
| Remuneration and social security454/9 | - | - | - | €0.04m | €0.03m | €0.04m | €0.03m | €0.05m | ▲ 83.5% |
| Other amounts payable47/48 | - | - | - | €0.1m | €0.1m | €0.1m | €0.2m | €0.2m | ▼ 8.4% |
| Accrued charges and deferred income492/3 | - | - | - | €0.004m | €0.005m | €0.005m | €0.003m | €0.003m | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €39,743 | €36,915 | €1,998 | €123,509 | €23,733 | €82,110 | €194,908 | €163,625 | ▼ 16.1% |
| + Depreciation and write-downs630 | €33,167 | €92,390 | €59,886 | €58,681 | €54,677 | €39,039 | €65,550 | €76,426 | ▲ 16.6% |
| Operating cash flow (approximation) | €72,910 | €129,304 | €61,885 | €182,191 | €78,410 | €121,149 | €260,457 | €240,051 | ▼ 7.8% |
| Investment in fixed assets (approximation) | - | -€172,553 | -€20,620 | -€48,006 | -€62,920 | -€71,800 | -€171,287 | -€1,115 | ▲ 99.3% |
| Change in cash | - | €60,455 | -€71,795 | €274,202 | -€237,199 | €16,372 | €37,566 | €150,544 | ▲ 301% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 20,136 companies had the same profile as Robert FREDERIC has now. Two years later, 95.0% were still going and 0.2% had gone bankrupt.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
95.0%
was still going
4.7%
stopped otherwise
0.2%
went bankrupt
That fits the bankruptcy probability of Robert FREDERIC itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 20,136 companies, not a prediction for Robert FREDERIC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 39 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 24-09-2026 | 2026-00521583 | |
| 31-12-2024 | full format | 27-08-2025 | 2025-00410301 | |
| 31-12-2023 | full format | 31-07-2024 | 2024-00309116 | |
| 31-12-2022 | full format | 08-08-2023 | 2023-00318213 | |
| 31-12-2021 | full format | 29-07-2022 | 2022-20243208 | |
| 31-12-2020 | full format | 02-08-2021 | 2021-44000197 | |
| 31-12-2019 | full format | 06-08-2020 | 2020-39200588 | |
| 31-12-2018 | full format | 09-08-2019 | 2019-44700361 | |
| 31-12-2017 | full format | 29-06-2018 | 2018-24700133 | |
| 31-12-2016 | full format | 18-08-2017 | 2017-44100532 |
Board & ownership
Directors
Directors
2 directors, last change in 2025
Board 2
Robert FREDERIC
Current
Director (not named in the articles) · since 06-07-1987 · term without a fixed end · listed in the 2025 annual accounts, filed on 24-09-2026
MENUISERIE FREDERIC
Current
Director · since 30-10-2025 · term without a fixed end · Private limited company · permanent representative: Bernard FREDERIC · listed in the 2025 annual accounts, filed on 24-09-2026
Permanent representatives 1
Bernard FREDERIC
Current
Permanent representative · appointed in the act of 27-11-2025 · for MENUISERIE FREDERIC
Owners and capital
Shareholders
1 ownerChain of control
- MENUISERIE FREDERIC
- Robert FREDERIC
Owners 1
- MENUISERIE FREDERICparentEquity €117,649 Profit of €85,440 in 2025 (profit of €29,648 in 2024) Checked score 83100%
Capital transactions
Capital over time
- 06-12-2023 Capital stated in the deed · 585 shares
Mandate history
4 people, 2 in office
- Board
- began earlier
- end not dated
| Name | Functions and periods |
|---|---|
| Robert FREDERIC |
|
| MENUISERIE FREDERIC |
|
| FREDERIC BATIMENT |
|
| DELKA IMMO |
|
Network & group
Connections & network
2 current directorsThe board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
24-09
abbreviated format · 55 days late
2025
31-12
Financial
Equity above €500,000equity €559,166 ▲12.8%
With a profit in every financial year since 2018, equity grows to €559,166.
27-11
Gazette deed
Resignation: FREDERIC BATIMENT (director)Appointment: MENUISERIE FREDERIC (director) · Power of attorney4 points ▸
Gazette deed
Resignation: FREDERIC BATIMENT (director)
Appointment: MENUISERIE FREDERIC (director) · Power of attorney4 points ▸
- General meeting, 30-10-2025
- Director resignation, FREDERIC BATIMENT (director)
- Director appointment, MENUISERIE FREDERIC (director)
- Power of attorney, Alexandra DUBOIS (administrateur délégué de la srl klever)
27-08
full format · 27 days late
2024
31-12
Financial
Highest result from 2018 to 2025net €194,908 ▲137%
The operating result of €259,182 and the net result of €194,908 are both a record.
31-07
full format · on the deadline day
2023
06-12
Gazette deed
2 reappointedReappointments: Robert FREDERIC (director) and FREDERIC BATIMENT (director) · Permanent representative: Bernard FREDERIC · Legal-form conversion10 points ▸
Gazette deed
2 reappointed
Reappointments: Robert FREDERIC (director) and FREDERIC BATIMENT (director) · Permanent representative: Bernard FREDERIC · Legal-form conversion10 points ▸
- General meeting, 15-11-2023
- Legal-form conversion, “société à responsabilité limitée” (deed in French)
- Capital conversion, EUR, “conversion de plein droit” (deed in French)
- Capital conversion, “modification de la qualification des capitaux propres, compte de capitaux propres disponible” (deed in French)
- Amendment of the articles
- Capital
- Director reappointment, Robert FREDERIC (director (not named in the articles))
- Director reappointment, FREDERIC BATIMENT (director (not named in the articles))
- Permanent representative, Bernard FREDERIC
- Registered office clause, “4860 PEPINSTER, rue Laurent Mairlot”, 68 (deed in French)
08-08
full format · 8 days late
2022
29-07
full format · 2 days before the deadline
2021
02-08
full format · 2 days late
2020
31-12
Financial
Weakest financial yearnet €1,998 ▼94.6%
The net result drops to €1,998, the lowest from 2018 to 2025. It recovers the following year.
06-08
full format · 6 days late
Show earlier events
2019
09-08
full format · 9 days late
2018
29-06
full format · 32 days before the deadline
2017
18-08
full format · 18 days late
1987
18-07
Gazette deed
Incorporation
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
Robert FREDERIC in French
Enterprise number
0431.492.523
Legal form
Private limited company
Status
Active, normale toestand
Founded
29-06-1987
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 06-12-2023 (in French)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région wallonne, sièges administratifs,agences,ateliers,dépôts et succursales,tant en Belgique qu'à l'étranger”
deed of 06-12-2023 (in French)Registered office and establishments
Registered office
Rue Laurent Mairlot 68, 4860 Pepinster, Belgium
Establishment unit
Menuiserie ROBERT FREDERIC srl, Rue de l'Avenir 14, 4890 Thimister-Clermont since 18-09-1987 · unit number 2.030.525.942
Website
menuiseriefrederic.be/Thimister-Clermont
E-mail
admin@menuiseriefrederic.beThimister-Clermont
E-mail
info@menuiseriefrederic.beThimister-Clermont
Phone
087/22.66.33Thimister-Clermont
Activities
NACEBEL 2025VAT activities
43320
Joinery installation main activity
Social security (RSZ) activities
43320
Joinery installation main activity
Codes under NACEBEL 2008
VAT activities
43320
Joinery installation main activity
Social security (RSZ) activities
43320
Joinery installation main activity
Codes under NACEBEL 2003
VAT activities
45421
main activity
Social security (RSZ) activities
45421
main activity
Joint committees
124 Paritair Comité voor het bouwbedrijf
200 Aanvullend Paritair Comité voor de bedienden annual accounts 2025
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 06-12-2023 (in French)
“L’entreprise et la sous-entreprise de menuiserie,ébénisterie ameublement et décor,en ce compris volets et persiennes,l’achat,la vente,la…”
3 activities
- L’entreprise et la sous-entreprise de menuiserie,ébénisterie ameublement et décor,en ce compris volets et persiennes,l’achat,la vente,la réparation,l’entretien,le placement,la représentation de tous articles se rapportant à ces objets
- Réaliser toutes opérations immobilières en relation avec son objet social
- S'intéresser par toutes voies dans toutes affaires,entreprises ou sociétés ayant un objet analogue,similaire ou connexe ou qui sont de nature à favoriser le développement de son entreprise,à lui procurer des matières premières ou à faciliter l'écoulement de ses produits
Invoicing and payment
VAT number
BE 0431.492.523
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0431.492.523
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Monday of June at 19:00
deed of 06-12-2023 (in French)Recognitions · licences · registrations
Recognised contractor
3 categoriesRobert FREDERIC SRLapproval number 42368
- D4 Sound and heat insulation, light partitions, false ceilings and floorsclass 1, up to €162,000
- D5 General joinery, timber roof trusses and stairsclass 4, up to €1,080,000
- D15 Parquet flooringclass 1, up to €162,000
Sites & property
Location
Buildings and parcels at the addresses
Ground area
5,884 m²
Building footprint
1,491 m²
Building volume
9,887 m³
Tallest building: 8.7 m.
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 63077C0530/00C000 | Wallonia | 4,184 m² | 1 · 1,429 m² | 7.2 m · 2 |
| 63083A0330/02L000 | Wallonia | 1,700 m² | 1 · 62 m² | 8.7 m · 3 |