FREMAGAVA
ActiveThe annual accounts of FREMAGAVA for fiscal year 2025 show a net loss of 88% of total assets and of 57% of the equity at the start of that year. The 2025 annual accounts show equity of €2k and a net result of €-3k. Equity is shrinking by ~17.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 77% of 10252 sector peers (fiscal year 2025). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A net loss of at least half of total assets or of the equity at the start of the financial year caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency90▼-10
Growth32=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
balance sheet total too small for a liquidity verdict.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Age of the figures
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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 · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
17 d late
2023
18 d late
2022
27 d late
2021
29 d late
2020
17 d late
2019
30 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2k▼ 57.5%
2024 · €4k
2018: €11k
2019: €12k
2020: €15k
2021: €12k
2022: €8k
2023: €5k
2024: €4k
2018 → 2025
Total assets
€3k▼ 47.2%
2024 · €5k
2018: €15k
2019: €15k
2020: €17k
2021: €13k
2022: €9k
2023: €6k
2024: €5k
2018 → 2025
Net result
€-3k▼ 148%
2024 · €-1k
2018: €236
2019: €2k
2020: €4k
2021: €-3k
2022: €-3k
2023: €-3k
2024: €-1k
2018 → 2025
Working capital
€4k▼ 18.8%
2023 · €5k
2018: €886
2019: €13k
2020: €15k
2021: €12k
2022: €8k
2023: €5k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€12k-€8k▼ 28.0%€5k▼ 35.3%€4k▼ 18.8%€2k▼ 57.5%
Operating result€-3k-€-3k▼ 23.4%€-3k▲ 9.4%€-1k▲ 65.6%€-3k▼ 148%
Net result€-3k-€-3k▼ 13.1%€-3k▲ 9.4%€-1k▲ 65.6%€-3k▼ 148%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2025 against €1k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €3k
Equity
€2k▼ 57.5%
Debt
€1k▼ 5.4%
The debt ratio rises from 19.6% to 35.2%. Equity and debt are lower.
Key figures and ratios
Debt
€1k▼
2024 · €1k
Debt > 1 year
€1k
Staff costs
€400▲
2024 · €387
Ratios withheld: a balance sheet total of €3k is too small for a meaningful ratio.
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€5k€3k▼
Current assets29/58€5k€3k▼
Cash at bank and in hand54/58€5k€3k▼
Equity and liabilities
Total equity and liabilities10/49€5k€3k▼
Equity10/15€4k€2k▼
Contributions10/11€6k€6k=
Capital10-€6k
Issued capital100-€6k
Reserves13€2k€2k=
Non-distributable reserves130/1-€2k
Legal reserve130-€2k
Distributable reserves133€2k-
Profit (loss) carried forward14€-4k€-6k▼
Amounts payable17/49€1k€1k▼
Amounts payable after more than one year17-€1k
Other amounts payable178/9-€1k
Amounts payable within one year42/48€1k-
Other amounts payable47/48€1k-
Income statement
Code20242025
Goods, raw materials, services and sundry goods60/61€628€2k▲
Remuneration, social security and pensions62€387€400▲
Gross operating margin9900€-628€-2k▼
Operating profit (loss)9901€-1k€-3k▼
Profit (loss) for the period before taxes9903€-1k€-3k▼
Profit (loss) for the period9904€-1k€-3k▼
Profit (loss) for the period to be appropriated9905€-1k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€-6k▼
Profit (loss) brought forward from the previous period14P€-3k€-4k▼
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
17-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 17 days late
2024
18-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 18 days late
2023
27-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 27 days late
2022
31-12
Financial
Weakest financial yearnet €-3k
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
2020
31-12
Financial
Highest result since 2018net €4k ▲117%
Operating result €5k, net result €4k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 30 days late
2019
31-12
Financial
Liquidity times 8current ratio 10.09
Current ratio from 1.21 to 10.09; short-term debt falls from €4k to €1k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 57 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Bernissart · 1 establishment unit since 2008
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 Grande(BER) 2047320 BernissartGround area
389 m²
Building footprint
148 m²
Volume, LiDAR
761 m³
Parcel 51009B0394/00S000, Wallonia · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FREMAGAVA
since 20082.171.242.357
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51009B0394/00S000 | Wallonia | 389 m² | 1 · 148 m² | 8.4 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.
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Of 12,968 companies in sector 47120 we hold annual accounts for 2,186. 618 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded29-05-2008
Fiscal year end31-12
Activities, NACEBEL
47120Other non-specialised retail sale
47910Retail trade
96999Other personal services
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0478/70.94.55