What is the address of FREMACH IZEGEM?

The registered office of FREMACH IZEGEM is located at Oude Iepersestraat 107, 8870 Izegem.

Is FREMACH IZEGEM still active?

Yes. According to the CBE (30 October 2026) FREMACH IZEGEM is active, legal situation “Normale toestand”, started on 13 July 1987.

Is FREMACH IZEGEM registered on Peppol?

Yes, FREMACH IZEGEM is registered on the Peppol network with ID 0208:0431601203.

What is the enterprise number of FREMACH IZEGEM?

The enterprise number of FREMACH IZEGEM is BE0431601203.

When was FREMACH IZEGEM founded?

FREMACH IZEGEM was founded on 13 July 1987.

Who are the directors of FREMACH IZEGEM?

According to the 2025 annual accounts, the directors of FREMACH IZEGEM are: FREMACH INTERNATIONAL, LIEVEN DE TURCK.

Is FREMACH IZEGEM a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 13 July 1987; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did FREMACH IZEGEM make in 2025?

FREMACH IZEGEM recorded a loss after taxes of € 1,047,640 in financial year 2025.

What is the revenue of FREMACH IZEGEM?

In its most recent annual accounts (2025), FREMACH IZEGEM reported revenue of € 9,375,541.

How much does an employee at FREMACH IZEGEM earn?

The average wage cost per full-time employee at FREMACH IZEGEM was € 56,800 in 2025: staff costs of € 3.3 million for 58.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does FREMACH IZEGEM have?

According to the 2025 annual accounts, FREMACH IZEGEM has 58.6 full-time equivalents (FTE).

Does FREMACH IZEGEM have a website?

Yes, FREMACH IZEGEM has a website at fremach.be.

FREMACH IZEGEM (Public Limited) - Izegem - BE0431601203

Q: What does FREMACH IZEGEM do?

FREMACH IZEGEM is registered with the CBE as active in: Vervaardiging van onderdelen en accessoires voor motorvoertuigen en motoren daarvan. Public Limited, started on 13 July 1987, 1 establishment.

Dossier FREMACH IZEGEM, printed on 30 October 2026 from databakkes.be/en/0431601203/fremach-izegem. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 17 % of short-term debt in 2025; threshold 65 %.
Shrinking team NBB

FTE fell two years in a row, from 71.6 to 58.6.

Financials

Financial year 2025

FREMACH IZEGEM from Izegem, company number BE0431601203, closed financial year 2025 with a result of € -1 million after tax. For that financial year FREMACH IZEGEM recorded revenue of € 9.4 million and equity of € 3.8 million. Compared with financial year 2024, the result moved from € 1.9 million to € -1 million. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 27, 2026.

What it is worth Healthy

€ 3.8 million

▼ 22% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -1 million

▼ still € 1.9 million profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 41,768

▼ 65% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -1.3 million.

People and assets in 2025

Full-time equivalents

58.6

▼ 8.4 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 2.4 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 3.3 million

▼ 12% vs 2024

€ 56,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 795,998

▼ 38% vs 2024

Of which on lease € 675,693.

Debts at end 2025

Bank debt ≈ 1 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 204,894

▼ 66% vs 2024

€ 170,556 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.

Owed to suppliers

€ 1.1 million

▼ 35% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 59 days on average.

Taxes and wages

€ 479,878

▼ 6% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 11,279,430 Revenue 2022: € 11,279,430 First fiscal year in the series	€ 10,905,341 Revenue 2023: € 10,905,341 ▼ 3% vs 2022 (€ 11,279,430) Unfavourable step	€ 9,136,916 Revenue 2024: € 9,136,916 ▼ 16% vs 2023 (€ 10,905,341) Unfavourable step	€ 9,375,541 Revenue 2025: € 9,375,541 ▲ 3% vs 2024 (€ 9,136,916) Favourable step	▲ 3%
Profit after taxes	€ -1,361,996 Profit after taxes 2022: € -1,361,996 First fiscal year in the series	€ -307,647 Profit after taxes 2023: € -307,647 ▲ € 1.1 million vs 2022 (€ -1,361,996) Favourable step	€ 1,930,560 Profit after taxes 2024: € 1,930,560 ▲ € 2.2 million vs 2023 (€ -307,647) Favourable step	€ -1,047,640 Profit after taxes 2025: € -1,047,640 ▼ € 3 million vs 2024 (€ 1,930,560) Unfavourable step	▼ € 3 million
Equity	€ 238,221 Equity 2022: € 238,221 First fiscal year in the series	€ 2,930,574 Equity 2023: € 2,930,574 ▲ € 2.7 million vs 2022 (€ 238,221) Favourable step	€ 4,861,134 Equity 2024: € 4,861,134 ▲ 66% vs 2023 (€ 2,930,574) Favourable step	€ 3,813,494 Equity 2025: € 3,813,494 ▼ 22% vs 2024 (€ 4,861,134) Unfavourable step	▼ 22%
Total debts	€ 10,026,369 Total debts 2022: € 10,026,369 First fiscal year in the series	€ 23,290,897 Total debts 2023: € 23,290,897 ▲ 132% vs 2022 (€ 10,026,369) Unfavourable step	€ 15,365,582 Total debts 2024: € 15,365,582 ▼ 34% vs 2023 (€ 23,290,897) Favourable step	€ 18,007,178 Total debts 2025: € 18,007,178 ▲ 17% vs 2024 (€ 15,365,582) Unfavourable step	▲ 17%
Cash	€ 60,287 Cash 2022: € 60,287 First fiscal year in the series	€ 77,990 Cash 2023: € 77,990 ▲ 29% vs 2022 (€ 60,287) Favourable step	€ 118,195 Cash 2024: € 118,195 ▲ 52% vs 2023 (€ 77,990) Favourable step	€ 41,768 Cash 2025: € 41,768 ▼ 65% vs 2024 (€ 118,195) Unfavourable step	▼ 65%
Land & buildings	€ 1,771,655 Land & buildings 2022: € 1,771,655 First fiscal year in the series	€ 1,624,025 Land & buildings 2023: € 1,624,025 ▼ 8% vs 2022 (€ 1,771,655) Unchanged	€ 2,002,619 Land & buildings 2024: € 2,002,619 ▲ 23% vs 2023 (€ 1,624,025) Unchanged	€ 1,872,916 Land & buildings 2025: € 1,872,916 ▼ 6% vs 2024 (€ 2,002,619) Unchanged	▼ 6%
Retained profit	€ -1,910,633 Retained profit 2022: € -1,910,633 First fiscal year in the series	€ -2,218,280 Retained profit 2023: € -2,218,280 ▼ € 307,647 vs 2022 (€ -1,910,633) Unfavourable step	€ -287,720 Retained profit 2024: € -287,720 ▲ € 1.9 million vs 2023 (€ -2,218,280) Favourable step	€ -1,335,360 Retained profit 2025: € -1,335,360 ▼ € 1 million vs 2024 (€ -287,720) Unfavourable step	▼ € 1 million
Bank debt	€ 1,771,894 Bank debt 2022: € 1,771,894 First fiscal year in the series	€ 1,117,677 Bank debt 2023: € 1,117,677 ▼ 37% vs 2022 (€ 1,771,894) Favourable step	€ 596,880 Bank debt 2024: € 596,880 ▼ 47% vs 2023 (€ 1,117,677) Favourable step	€ 204,894 Bank debt 2025: € 204,894 ▼ 66% vs 2024 (€ 596,880) Favourable step	▼ 66%
Balance sheet total	€ 10,371,523 Balance sheet total 2022: € 10,371,523 First fiscal year in the series	€ 26,278,022 Balance sheet total 2023: € 26,278,022 ▲ 153% vs 2022 (€ 10,371,523) Unchanged	€ 20,252,716 Balance sheet total 2024: € 20,252,716 ▼ 23% vs 2023 (€ 26,278,022) Unchanged	€ 21,846,672 Balance sheet total 2025: € 21,846,672 ▲ 8% vs 2024 (€ 20,252,716) Unchanged	▲ 8%
Employees (FTE)	70.4 Employees (FTE) 2022: 70.4 First fiscal year in the series	71.6 Employees (FTE) 2023: 71.6 ▲ 1.2 vs 2022 (70.4) Unchanged	67 Employees (FTE) 2024: 67 ▼ 4.6 vs 2023 (71.6) Unchanged	58.6 Employees (FTE) 2025: 58.6 ▼ 8.4 vs 2024 (67) Unchanged	▼ 8.4

Key figures of FREMACH IZEGEM, 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 FREMACH IZEGEM?

What happened at FREMACH IZEGEM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2031 FREMACH INTERNATIONAL stepped down as director. NBB
2031 LIEVEN DE TURCK stepped down as director. NBB
May 27, 2026 New annual accounts for financial year 2025: loss of € 1 million (▼ € 3 million vs 2024). Source: NBB ↗
2025 FREMACH INTERNATIONAL became a director. NBB
2025 LIEVEN DE TURCK became a director. NBB
Aug 26, 1987 New establishment in Izegem. KBO
Jul 13, 1987 Start of the company according to the CBE. KBO

In short

From € 1.4 million loss in 2022 to € 1 million loss in 2025.

Paid € 30,375 in corporate taxes since 2022.

Best year ever: 2024, with € 1.9 million profit.

Pays suppliers within 59 days on average.

Original PDFs at the National Bank ↗

Management

Fremach International 100%

The stake of Fremach International comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

FREMACH IZEGEM

The shares are held by Fremach International (100%).

Directors

According to the 2025 annual accounts

FREMACH INTERNATIONAL

Managing director · represented by ROLAND DUCHATELET

Also active at: FREMACH FINANCIAL SERVICES

since 2025 · until 2031

LIEVEN DE TURCK

Director

since 2025 · until 2031

Shareholders

Fremach International

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Oude Iepersestraat 107

8870 Izegem

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

HTTPS fremach.be

Canonical: https://www.fremach.com/

Technologies

ApacheContact Form 7ElementorFont AwesomeGoogle FontsPHPSwiperWordPressjQueryjQuery UIlazysizesreCAPTCHA

Hosting & Email

Email provider

Google Workspace

Hosting

AS-ZXCS, NL

Website info

HTTPS Ja

Languages EN

Features

Webshop

Security

✓ HTTPS

✓ SPF

✓ DMARC

Details

Company number

0431.601.203

VAT number

BE 0431.601.203

Registered office

Oude Iepersestraat 107, 8870 Izegem

Names & denominations

FREMACH IZEGEM

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

13 July 1987

Peppol

Active · Active since 13 Nov 2025

Contact

fremach.be

Activities · NACE

Vervaardiging van onderdelen en accessoires voor motorvoertuigen en motoren daarvan

Vervaardiging van andere delen en toebehoren voor motorvoertuigen

Vervaardiging van platen, vellen, buizen en profielen van kunststof

View on CBE Public ↗ Annual accounts (NBB) ↗

FREMACH IZEGEM

Warning lights

Financials

What happened to FREMACH IZEGEM?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Website

Technologies

Hosting & Email

Website info

Features

Security

Details

Frequently asked questions