Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 31 % of short-term debt in 2024; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
FRALAP from Huy, company number BE0437001826, closed financial year 2024 with a result of € -2,237 after tax. For that financial year FRALAP recorded a gross margin of € 1,459 and equity of € -20,582. Compared with financial year 2023, the result moved from € -3,246 to € -2,237. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 25, 2025.
€ -20,582
▼ € 2,237 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,237
▲ 31 % less loss than in 2023
Profit after tax over the fiscal year.
€ 85
▼ 93% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -36,905.
Debts at end 2024
€ 21,894
Loans from banks and other lenders, long and short.
€ 8,099
Supplier invoices still open on the last day of the fiscal year.
€ 3,108
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 13,108 | € -12,382 | € 291 | € 1,459 | ▲ € 1,168 |
| Profit after taxes | € 11,149 | € -14,407 | € -3,246 | € -2,237 | ▲ € 1,008 |
| Equity | € -692 | € -15,099 | € -18,344 | € -20,582 | ▼ € 2,237 |
| Total debts | € 14,682 | € 29,454 | € 33,235 | € 33,199 | |
| Cash | € 3,320 | € 184 | € 1,272 | € 85 | ▼ 93% |
| Retained profit | € -17,016 | € -31,423 | € -34,668 | € -36,905 | ▼ € 2,237 |
| Bank debt | € 7,500 | € 20,923 | € 21,943 | € 21,894 | |
| Balance sheet total | € 13,990 | € 14,355 | € 14,891 | € 12,617 | ▼ 15% |
Key figures of FRALAP, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to FRALAP?
What happened at FRALAP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 2,237. filed late Source: NBB ↗
- New establishment in Huy. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,149 profit in 2021 to € 2,237 loss in 2024.
Best year ever: 2021, with € 11,149 profit.
Management
Behind FRALAP are Michel LALLEMENT and Sonia Francotte.
Directors
According to the 2024 annual accounts
Michel LALLEMENT
Director
Sonia Francotte
Director
Establishments
Establishment units
Physical locations of this company
Rue des Augustins 21
4500 Huy
Rue Vankeerberghen 1
4500 Huy
Active since 5 May 1989
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0437.001.826
- VAT number
- BE 0437.001.826
- Registered office
- Rue des Augustins 21, 4500 Huy
- Names & denominations
- FRALAP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 March 1989
- Peppol
- Not registered
- Activities · NACE
Cafés en bars
Cafés