FRETIME
ActiveSummary
FRETIME has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €35k and a net result of €-667. Equity is shrinking by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 61% of 982 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability67▼-5
Solvency80▲+17
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.3 against 0.5 in 2024; short-term debt: 23.2% and cash: 2% of total assets), and 45% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
55%
Return on assets
-1.1%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 19-04-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
7 d early
2023
2 d early
2022
on the day
2021
24 d late
2020
9 d early
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€45k
EBIT margin
-0.6%
Net result
€-667▲ 58.5%
2024 · €-2k
2018: €12k
2019: €7k
2020: €16k
2021: €-46k
2022: €23k
2023: €6k
2024: €-2k
2018 → 2025
Working capital
€-10k▲ 61.7%
2024 · €-27k
2018: €53k
2019: €25k
2020: €17k
2021: €-66k
2022: €16k
2023: €27k
2024: €-27k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€45k
Equity€8k-€31k▲ 273%€37k▲ 20.3%€35k▼ 4.3%€35k▼ 1.9%
Operating result€-43k-€26k€8k▼ 67.9%€-269€1k
Net result€-46k-€23k€6k▼ 72.3%€-2k€-667▲ 58.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €1k after a loss of €269 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €63k
Fixed assets
€59k ▼ 10.4%
Current assets
€4k ▼ 83.6%
Equity and liabilities €63k
Equity
€35k ▼ 1.9%
Debt
€28k ▼ 49.9%
Debt's share of the balance-sheet total falls from 61.6% to 45.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€17k▲
2024 · €7k
Cash flow
€15k▲
2024 · €6k
Current ratio
0.30▼
2024 · 0.50
Debt to equity
0.82▼
2024 · 1.60
ROE
-1.9%▲
2024 · -4.5%
ROA
-1.1%▲
2024 · -1.7%
Interest coverage
12.22▲
2024 · 7.51
Debt ≤ 1 year
€15k▼
2024 · €53k
Debt > 1 year
€14k▲
2024 · €3k
Income taxes
€339▼
2024 · €424
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 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€92k€63k▼
Fixed assets21/28€66k€59k▼
Tangible fixed assets22/27€66k€59k▼
Land and buildings22€1k€4k▲
Plant, machinery and equipment23€15k€15k▲
Furniture and vehicles24€50k€40k▼
Current assets29/58€27k€4k▼
Amounts receivable within one year40/41€24k€1k▼
Trade receivables40€14k€1k▼
Other amounts receivable41€10k€49▼
Cash at bank and in hand54/58€3k€1k▼
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€92k€63k▼
Equity10/15€35k€35k▼
Contributions10/11€19k€19k=
Reserves13€35k€35k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€34k€34k=
Profit (loss) carried forward14€-19k€-19k▼
Amounts payable17/49€57k€28k▼
Amounts payable after more than one year17€3k€14k▲
Financial debts170/4€3k€14k▲
Amounts payable within one year42/48€53k€15k▼
Current portion of amounts payable after more than one year42€12k€7k▼
Trade debts44€41k€7k▼
Suppliers440/4€41k€7k▼
Taxes, remuneration and social security45€257€197▼
Taxes450/3€257€197▼
Other amounts payable47/48-€191
Income statement
Code20242025
Turnover70€45k-
Non-recurring operating income76A€5k-
Goods, raw materials, services and sundry goods60/61€46k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€16k▲
Other operating charges640/8€676€520▼
Gross operating margin9900€8k€17k▲
Operating profit (loss)9901€-269€1k▲
Financial income75/76B€20€3▼
Recurring financial income75€20€3▼
Financial charges65/66B€933€1k▲
Recurring financial charges65€933€1k▲
Profit (loss) for the period before taxes9903€-1k€-328▲
Income taxes67/77€424€339▼
Profit (loss) for the period9904€-2k€-667▲
Profit (loss) for the period to be appropriated9905€-2k€-667▲
Appropriation of the result
Profit (loss) to be appropriated9906€-19k€-19k▼
Profit (loss) brought forward from the previous period14P€-17k€-19k▼
The notes to these accounts (7 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
19-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
23-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
30-09
Financial
Liquidity quadruplescurrent ratio 1.27
Current ratio from 0.31 to 1.27; short-term debt falls from €95k to €59k.
24-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
30-09
Financial
Weakest financial yearnet €-46k ▼394%
Net result drops to €-46k, the lowest in the series; recovery starts the following year.
21-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
17-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 48 days late
2018
13-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 13 days late
2017
09-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Lochristi · 1 establishment unit since 2003
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.
Ramonshoek 259185 LochristiGround area
1.2 ha
Building footprint
227 m²
Volume, LiDAR
714 m³
Parcel 44472C0770/00W000, Flanders · tallest building 7.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
FRETIME BVBA
since 20032.123.666.530
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44472C0770/00W000 | Flanders | 1.2 ha | 1 · 227 m² | 7.3 m · 1 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
Entreprises Lambert
BE 0402.557.027
Mettet · Eq €34,703
RENOVATIEWERKEN N.N.
BE 0645.876.082
Mol · Eq €34,371
K.G. CONSTRUKS
BE 0465.611.183
Rijkevorsel · Eq €35,175
YKP Construct
BE 1014.335.631
Grimbergen · Eq €35,246
Sterdal
BE 0896.101.341
Zele · Eq €34,224
Of 2,327 companies in sector 42110 we hold annual accounts for 1,097. 607 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
Founded27-11-2002
Fiscal year end30-09
Trade name NL
FRETIME TRAVELLING
Activities, NACEBEL 2025
42110Construction of roads and motorways
43320Joinery installation
47522Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.