Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
Fragimar from Edegem, company number BE0417686255, closed financial year 2025 with a result of € -18,637 after tax. For that financial year Fragimar recorded a gross margin of € -17,801 and equity of € 2.2 million. Compared with financial year 2024, the result moved from € -11,999 to € -18,637. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 2.2 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -18,637
▼ 55 % more loss than in 2024
Profit after tax over the fiscal year.
€ 482,865
▲ € 482,598 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.6 million.
People and assets in 2025
€ 61,877
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 71,684
▼ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,871
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 159,051 | € -34,438 | € -28,100 | € -17,801 | ▲ € 10,299 |
| Profit after taxes | € 133,801 | € -196,444 | € -11,999 | € -18,637 | ▼ € 6,638 |
| Equity | € 2,444,005 | € 2,247,561 | € 2,235,562 | € 2,216,925 | ▼ 1% |
| Total debts | € 1,633,188 | € 1,757,330 | € 1,786,177 | € 1,642,937 | ▼ 8% |
| Cash | - | € 32,555 | € 267 | € 482,865 | ▲ € 482,598 |
| Retained profit | € 1,827,705 | € 1,631,261 | € 1,619,262 | € 1,600,625 | ▼ 1% |
| Bank debt | € 1,963 | € 60,000 | € 35,000 | € 0 | ▼ 100% |
| Balance sheet total | € 4,077,193 | € 4,004,891 | € 4,021,740 | € 3,859,862 | ▼ 4% |
Key figures of Fragimar, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Fragimar?
What happened at Fragimar in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Frank Smolders stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 18,637. filed late Source: NBB ↗
- Urban Estates stepped down as director. NBB
- Frank Smolders became a director. NBB
- Urban Estates became a director. NBB
- New establishment in Edegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 133,801 profit in 2022 to € 18,637 loss in 2025.
Paid € 52,639 in corporate taxes since 2022.
Best year ever: 2022, with € 133,801 profit.
Management
Directors
According to the 2025 annual accounts
since 2024 · until 2030
Director · represented by Frank Smolders
since 2019 · until 2025
Establishments
Establishment units
Physical locations of this company
Mechelsesteenweg 50
2650 Edegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0417.686.255
- VAT number
- BE 0417.686.255
- Registered office
- Mechelsesteenweg 50, 2650 Edegem
- Names & denominations
- Fragimar
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 December 1977
- Peppol
- Active · Active since 24 Nov 2023
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