FROMTO Beringen

Special situation

Public limited companyfounded 20215 yrs activeHerkenrodesingel 14, 3500 Hasselt, BelgiumKBO/BCE: BE 0764.409.686

Summary

The KBO register records for FROMTO Beringen the legal situation: special situation; this is today's state according to the register itself, which carries no start date. The computed 12-month bankruptcy probability is 1.0% (low). The 2025 annual accounts show equity of €3.51M and a net result of €-11.28M. Equity is shrinking by ~29.4% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 14% of 230 sector peers (fiscal year 2025).

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Checked score

Score 2025

42 / 100

Weak

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability0=

Solvency36▲+36

Growth32=

Track record64

Bankruptcy probability, 12 months

1.0% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €140k at 30 days only on tighter terms

Liquidity short (current ratio 0.59 against 0.74 in 2024; short-term debt: 24.4% and cash: 3.1% of total assets), and 88.5% of the assets are financed with debt.

How do we compute the score and the probability?

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Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

11.5%

Return on assets

-36.9%

Age of the figures

9 mo

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 38

Relative position

BE, all sectors

reference

Sector 38

higher

← fewer bankruptcies more bankruptcies →

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 230 sector peers (2025).

NBB · sector comparison

Position among 230 sector peers

Solvency

better than 14%

← weakest strongest →

The KBO register records the legal situation: special situation. This is today's state according to the register itself; the register carries no start date.

KBO · legal situation

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

17 d early

2024

76 d early

2023

65 d early

2022

33 d early

2021

33 d early

← before the deadline after the deadline →

Checked, nothing found (2)

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 months

Position in the running window

24-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, full schema

Source amounts without an identifiable currency are assumed to be EUR.

Turnover

€8.38M

EBIT margin

-121.3%

Net result

€-11.28M▼ 1.8%

2024 · €-11.09M

2021: €-844k 2022: €-4.31M 2023: €-8.19M 2024: €-11.09M

2021 → 2025

Working capital

€-3.03M▼ 75.5%

2024 · €-1.73M

2021: €4.79M 2022: €-4.20M 2023: €-8.60M 2024: €-1.73M

2021 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Turnover€8.38M

Equity€5.16M-€4.35M▼ 15.6%€1.66M▼ 61.9%€-9.43M€3.51M

Operating result€-840k-€-4.12M▼ 391%€-7.86M▼ 90.6%€-10.17M▼ 29.4%€-10.80M▼ 6.2%

Net result€-844k-€-4.31M▼ 410%€-8.19M▼ 90.3%€-11.09M▼ 35.3%€-11.28M▼ 1.8%

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €10.80M in 2025 against €10.17M in 2024; the loss grows and 2025 has the lowest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €30.56M

85.5%

14.5%

Fixed assets €26.12M ▼ 10.9%

Current assets €4.44M ▼ 11.4%

Equity and liabilities €30.56M

11%

88.5%

Equity €3.51M

Debt €27.05M

Debt finances 88.5% of the balance-sheet total.

Key figures and ratios

2025 value · change against 2024

EBITDA

€-7.15M▼

2024 · €-6.69M

Cash flow

€-7.63M▼

2024 · €-7.61M

Current ratio

0.59▼

2024 · 0.74

Quick ratio

0.38▼

2024 · 0.38

Debt to equity

7.71▲

2024 · -4.64

ROE

-321.7%

ROA

-36.9%▼

2024 · -32.3%

Interest coverage

-14.81▼

2024 · -7.27

Debt ≤ 1 year

€7.47M▲

2024 · €6.74M

Debt > 1 year

€18.94M▼

2024 · €36.41M

Income taxes

€773▼

2024 · €982

Staff costs

€3.12M▲

2024 · €2.45M

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 · 56 lines

Balance sheet Code20242025

Assets

Total assets20/58€34.32M€30.56M▼

Fixed assets21/28€29.31M€26.12M▼

Intangible fixed assets21€19k€23k▲

Tangible fixed assets22/27€29.29M€26.10M▼

Plant, machinery and equipment23€3.03M€3.23M▲

Furniture and vehicles24€119k€97k▼

Leasing and similar rights25€25.34M€22.21M▼

Other tangible fixed assets26€303k€495k▲

Assets under construction and advance payments27€506k€69k▼

Current assets29/58€5.01M€4.44M▼

Stocks and contracts in progress3€2.42M€1.61M▼

Stocks30/36€2.42M€1.61M▼

Amounts receivable within one year40/41€1.94M€1.79M▼

Trade receivables40€1.57M€1.09M▼

Other amounts receivable41€367k€703k▲

Cash at bank and in hand54/58€550k€936k▲

Deferred charges and accrued income490/1€101k€96k▼

Equity and liabilities

Total equity and liabilities10/49€34.32M€30.56M▼

Equity10/15€-9.43M€3.51M▲

Contributions10/11€15.00M€39.22M▲

Capital10€15.00M€39.22M▲

Issued capital100€15.00M€39.22M▲

Uncalled capital101-€118

Profit (loss) carried forward14€-24.43M€-35.71M▼

Amounts payable17/49€43.75M€27.05M▼

Amounts payable after more than one year17€36.41M€18.94M▼

Financial debts170/4€36.41M€18.94M▼

Amounts payable within one year42/48€6.74M€7.47M▲

Current portion of amounts payable after more than one year42€3.61M€3.66M▲

Trade debts44€2.76M€1.94M▼

Suppliers440/4€2.76M€1.94M▼

Taxes, remuneration and social security45€372k€476k▲

Taxes450/3€56k€62k▲

Remuneration and social security454/9€316k€414k▲

Other amounts payable47/48-€1.40M

Accrued charges and deferred income492/3€607k€640k▲

Income statement Code20242025

Turnover70€8.38M-

Non-recurring operating income76A€606k€281k▼

Goods, raw materials, services and sundry goods60/61€14.13M-

Remuneration, social security and pensions62€2.45M€3.12M▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3.48M€3.65M▲

Other operating charges640/8€66k€36k▼

Non-recurring operating charges66A€687k-

Gross operating margin9900€-3.49M€-4.00M▼

Operating profit (loss)9901€-10.17M€-10.80M▼

Financial income75/76B€2k€0▼

Recurring financial income75€2k€0▼

Financial charges65/66B€921k€483k▼

Recurring financial charges65€921k€483k▼

Profit (loss) for the period before taxes9903€-11.09M€-11.28M▼

Income taxes67/77€982€773▼

Profit (loss) for the period9904€-11.09M€-11.28M▼

Profit (loss) for the period to be appropriated9905€-11.09M€-11.28M▼

Appropriation of the result

Profit (loss) to be appropriated9906€-24.43M€-35.71M▼

Profit (loss) brought forward from the previous period14P€-13.34M€-24.43M▼

Social balance

Average headcount (FTE)908731.340.4▲

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Timeline · acts, filings and financial milestones

All 7Financial 2Filings 5

Next filing, fiscal year 2026, expected by 31-07-2027

2026

14-07

NBB filing Annual accounts filed

fiscal year 2025 · full schema

2025

31-12

Financial Weakest financial yearnet €-11.28M

Net result drops to €-11.28M, the lowest in the series.

31-12

Financial Equity above €2MEq €3.51M

Equity rises from €-9.43M to €3.51M.

16-05

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

27-05

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema

2023

28-06

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema

2022

28-06

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

0 of 9 acts read

About the unread acts

We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

9 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, Hasselt · 1 establishment unit since 2021

seat establishment The establishment unit on the map

Ground area

2.4 ha

Building footprint

1.0 ha

Volume, LiDAR

992 m³

2 parcels, Flanders · tallest building 10.5 m. Linked by address, not a title deed.

35 companies at this address See who is registered here

1 establishment unit

ECOO Beringen

Industrieweg 180, 3583 BeringenWaste collection, recovery and disposal activities

since 20212.317.298.821

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
71049A1090/00A000	Flanders	2.1 ha	1 · 9,194 m²	-
71327G0703/00A000	Flanders	3,046 m²	1 · 1,282 m²	10.5 m

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2023 to 2025 · 4 entries · 5,658 EUR awarded · 5,244 EUR paid

Year	Entries	awarded	paid
2025	2	511 EUR	730 EUR
2024	1	633 EUR	0 EUR
2023	1	4,514 EUR	4,514 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

3 entries · 5,147 EUR · 4,733 EUR paid · Fonds voor Innoveren en Ondernemen

Vlaams opleidingsverlof (VOV)

1 entry · 511 EUR · 511 EUR paid · Departement Werk, Economie, Wetenschap, Innovatie en Sociale Economie

Similar companies · same sector, comparable size

Vilvoorde · Eq €3.50M

DUBAIL RECYCLING

BE 0739.997.954

Namur · Eq €3.49M

MARTENS DEMOLITION COMPANY

Of 977 companies in sector 38210 we hold annual accounts for 585. 361 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 formPublic limited company

Founded26-02-2021

Fiscal year end31-12

Activities, NACEBEL 2025

38210Materials recovery from waste

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.