LE FROMAGEON
ActiveLE FROMAGEON has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €72k and a net result of €7k. Equity is shrinking by ~9.9% per year across the filed fiscal years. Its solvency ranks better than 66% of 4144 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability67▲+30
Solvency76▼-10
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.7 against 2.37 in 2024; short-term debt: 42.8% and cash: 39.9% of total assets), and 48.9% of the assets are financed with debt.
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
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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
51.1%
Return on assets
4.7%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
43 d early
2023
50 d early
2022
42 d early
2021
62 d early
2020
44 d early
2019
46 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€7k▲ 5,479%
2024 · €117
2019: €26k
2020: €46k
2021: €7k
2022: €14k
2023: €15k
2024: €117
2019 → 2025
Working capital
€42k▼ 42.7%
2024 · €73k
2019: €109k
2020: €145k
2021: €123k
2022: €85k
2023: €94k
2024: €73k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€141k-€105k▼ 25.7%€120k▲ 14.3%€105k▼ 12.4%€72k▼ 31.9%
Operating result€17k-€29k▲ 73.1%€22k▼ 22.9%€7k▼ 66.4%€13k▲ 70.1%
Net result€7k-€14k▲ 89.3%€15k▲ 8.9%€117▼ 99.2%€7k▲ 5,479%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 70% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €140k
Fixed assets
€38k▼ 17.6%
Current assets
€102k▼ 19.6%
Equity and liabilities €140k
Equity
€72k▼ 31.9%
Debt
€68k▲ 0.8%
The debt ratio rises from 39.3% to 48.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€21k▲
2024 · €16k
Cash flow
€15k▲
2024 · €8k
Solvency
51.1%▼
2024 · 60.7%
Current ratio
1.70▼
2024 · 2.37
Quick ratio
1.42▼
2024 · 2.07
Debt / equity
0.96▲
2024 · 0.65
ROE
9.1%▲
2024 · 0.1%
ROA
4.7%▲
2024 · 0.1%
Interest coverage
5.05▲
2024 · 2.21
Debt
€68k▲
2024 · €68k
Debt ≤ 1 year
€60k▲
2024 · €53k
Debt > 1 year
€8k▼
2024 · €14k
Income taxes
€3k▲
2024 · €1k
Staff costs
€182k▼
2024 · €185k
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€173k€140k▼
Fixed assets21/28€46k€38k▼
Tangible fixed assets22/27€46k€38k▼
Furniture and vehicles24€5k€0▼
Other tangible fixed assets26€41k€38k▼
Financial fixed assets28€158€158=
Current assets29/58€127k€102k▼
Stocks and contracts in progress3€16k€17k▲
Stocks30/36€16k€17k▲
Amounts receivable within one year40/41€24k€20k▼
Trade receivables40€374€319▼
Other amounts receivable41€23k€20k▼
Cash at bank and in hand54/58€74k€56k▼
Deferred charges and accrued income490/1€13k€9k▼
Equity and liabilities
Total equity and liabilities10/49€173k€140k▼
Equity10/15€105k€72k▼
Contributions10/11€19k€19k=
Reserves13€175€175=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€175€175=
Profit (loss) carried forward14€86k€53k▼
Amounts payable17/49€68k€68k▲
Amounts payable after more than one year17€14k€8k▼
Financial debts170/4€14k€8k▼
Amounts payable within one year42/48€53k€60k▲
Current portion of amounts payable after more than one year42€6k€6k▲
Trade debts44€29k€22k▼
Suppliers440/4€29k€22k▼
Taxes, remuneration and social security45€19k€22k▲
Taxes450/3€225€0▼
Remuneration and social security454/9€19k€22k▲
Other amounts payable47/48-€10k
Income statement
Code20242025
Remuneration, social security and pensions62€185k€182k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k▼
Other operating charges640/8€2k€3k▲
Gross operating margin9900€202k€206k▲
Operating profit (loss)9901€7k€13k▲
Financial income75/76B€921€1k▲
Recurring financial income75€921€1k▲
Financial charges65/66B€7k€4k▼
Recurring financial charges65€7k€4k▼
Profit (loss) for the period before taxes9903€1k€10k▲
Income taxes67/77€1k€3k▲
Profit (loss) for the period9904€117€7k▲
Profit (loss) for the period to be appropriated9905€117€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€99k€93k▼
Profit (loss) brought forward from the previous period14P€99k€86k▼
Transfer from equity791/2€2k€0▼
Profit to be distributed694/7€15k€40k▲
Return on contributions (dividend)694€15k€40k▲
Social balance
Average headcount (FTE)90876.25.8▼
The notes to these accounts (23 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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2024
19-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
30-06
Financial
Weakest financial yearnet €117 ▼99.2%
Net result drops to €117, the lowest in the series; recovery starts the following year.
2023
12-12
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2022
20-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2020
18-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
30-06
Financial
Highest result since 2019net €46k ▲76.1%
Operating result €65k, net result €46k, both a record.
30-06
Financial
Equity above €150kEq €164k ▲39.6%
2 profitable years in a row build equity to €164k.
2019
16-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
11-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
12-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
13-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
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, Gerpinnes · 1 establishment unit since 1998
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.
Chaussée de Philippeville(GER) 1986280 GerpinnesGround area
362 m²
Building footprint
33 m²
Parcel 52025A0328/00M015, Wallonia. Linked by address, not a title deed.
1 establishment unit
LE FROMAGEON
since 19982.085.112.691
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52025A0328/00M015 | Wallonia | 362 m² | 1 · 32 m² | - |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteGerpinnes2.085.112.691
Similar companies · same sector, comparable size
Marius Martin
BE 1010.745.839
Namur · Eq €73k
La Cave du Fromager
BE 0714.897.522
Aywaille · Eq €73k
De Vershoek Poederlee
BE 0538.622.588
Lille · Eq €73k
De Witte Lelie
BE 1003.839.637
Heist-op-den-Berg · Eq €69k
KOMPTOIR
BE 0753.851.930
Lievegem · Eq €74k
Of 395 companies in sector 47271 we hold annual accounts for 154. 123 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-12-1997
Fiscal year end30-06
Activities, NACEBEL
47271Retail trade
47291Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.