FRABELI
ActiveFRABELI has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €364k and a net result of €4k. Equity is growing by ~5.5% per year across the filed fiscal years. Its solvency ranks better than 76% of 8962 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
78
/ 100
Excellent▼ -15 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability6▼-50
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 2.95 against 2.87 in 2024), and 33.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
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
66.1%
Return on assets
0.8%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
on the day
2023
on the day
2022
4 d early
2021
12 d early
2020
1 d early
2019
28 d late
← before the deadline
after the deadline →
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
07-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€364k▲ 1.2%
2024 · €360k
2018: €110k
2019: €292k
2020: €277k
2021: €308k
2022: €314k
2023: €320k
2024: €360k
2018 → 2025
Total assets
€551k▼ 0.2%
2024 · €552k
2018: €147k
2019: €293k
2020: €499k
2021: €534k
2022: €535k
2023: €587k
2024: €552k
2018 → 2025
Net result
€4k▼ 89.5%
2024 · €40k
2018: €-233k
2019: €-50k
2020: €-65k
2021: €30k
2022: €7k
2023: €6k
2024: €40k
2018 → 2025
Working capital
€364k▲ 1.2%
2024 · €360k
2018: €110k
2019: €293k
2020: €277k
2021: €308k
2022: €314k
2023: €320k
2024: €360k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€308k-€314k▲ 2.2%€320k▲ 1.8%€360k▲ 12.5%€364k▲ 1.2%
Operating result€31k-€-3k€-5k▼ 80.0%€37k€-5k
Net result€30k-€7k▼ 77.8%€6k▼ 15.8%€40k▲ 609%€4k▼ 89.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €5k after €37k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €551k
Equity
€364k▲ 1.2%
Debt
€187k▼ 2.7%
The debt ratio falls from 34.8% to 33.9%: equity grows while debt is paid down.
Key figures and ratios
Solvency
66.1%▲
2024 · 65.2%
Current ratio
2.95▲
2024 · 2.87
Quick ratio
2.95▲
2024 · 2.87
Debt / equity
0.51▼
2024 · 0.53
ROE
1.1%▼
2024 · 11.1%
ROA
0.8%▼
2024 · 7.2%
Debt
€187k▼
2024 · €192k
Debt ≤ 1 year
€187k▼
2024 · €192k
Income taxes
€2k▼
2024 · €7k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€552k€551k▼
Current assets29/58€552k€551k▼
Amounts receivable within one year40/41€541k€540k▼
Other amounts receivable41€541k€540k▼
Cash at bank and in hand54/58€192€464▲
Deferred charges and accrued income490/1€11k€11k▲
Equity and liabilities
Total equity and liabilities10/49€552k€551k▼
Equity10/15€360k€364k▲
Contributions10/11€337k€337k=
Reserves13€23k€27k▲
Distributable reserves133€23k€27k▲
Amounts payable17/49€192k€187k▼
Amounts payable within one year42/48€192k€187k▼
Trade debts44€185k€186k▲
Suppliers440/4€185k€186k▲
Taxes, remuneration and social security45€7k€2k▼
Taxes450/3€7k€2k▼
Income statement
Code20242025
Other operating charges640/8€449€537▲
Gross operating margin9900€37k€-4k▼
Operating profit (loss)9901€37k€-5k▼
Financial income75/76B€11k€11k▲
Recurring financial income75€11k€11k▲
Financial charges65/66B€373€420▲
Recurring financial charges65€373€420▲
Profit (loss) for the period before taxes9903€47k€6k▼
Income taxes67/77€7k€2k▼
Profit (loss) for the period9904€40k€4k▼
Profit (loss) for the period to be appropriated9905€40k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€18k€4k▼
Profit (loss) brought forward from the previous period14P€-22k-
Transfer to equity691/2€18k€4k▼
To other reserves6921€18k€4k▼
The notes to these accounts (1 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
04-08
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
04-08
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
04-08
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
04-08
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €40k ▲609%
Net result €40k, the highest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €30k
Net result €30k after 3 loss-making years.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
2019
31-12
Financial
Liquidity times 140current ratio 567.10
Current ratio from 4.04 to 567.10; short-term debt falls from €36k to €517.
31-12
Financial
Equity above €200kEq €292k ▲166%
Equity rises from €110k to €292k.
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
14-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Structure & network
Ownership & control
4 partiesFRABELIBE 0875.131.723
controls
Where this company holds controlthis company sits on their board4
Comparable companies · same sector, comparable size
Similar companies · same sector, comparable size
DULON
BE 0467.017.782
Gent · Eq €364k
MCND INVEST
BE 0888.563.055
Brasschaat · Eq €364k
I-CUBE
BE 0538.545.780
Mont-Saint-Guibert · Eq €364k
B2 REAL ESTATE
BE 0841.128.768
Waterloo · Eq €365k
D.C. Projects
BE 0732.961.395
Gent · Eq €363k
Of 9,643 companies in sector 68121 we hold annual accounts for 7,235. 4,965 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-07-2005
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
68122Development of non-residential building projects
43120Site preparation
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 07-09-2026. Scores and ratios are computed by Checked and are not a credit decision.