Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 44 % of short-term debt in 2025; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 28.1 to 24.9.
-
Legal situation KBO
Opschorting (gerechtelijke reorganisatie) according to the CBE.
Financials
Financial year 2025
FRALICO from Cerfontaine, company number BE0472782255, closed financial year 2025 with a result of € -189,414 after tax. For that financial year FRALICO recorded a gross margin of € 693,801 and equity of € -424,494. Compared with financial year 2024, the result moved from € -443,419 to € -189,414. 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 26, 2026.
€ -424,494
▼ € 189,414 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -189,414
▲ 57 % less loss than in 2024
Profit after tax over the fiscal year.
€ 425,634
▲ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -486,494.
People and assets in 2025
24.9
▼ 2.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 746,197
▼ 1% vs 2024
€ 30,000 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.
€ 6,577
▲ 64% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 372,476
▼ 16% vs 2024
€ 31,780 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 1.2 million
▲ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 190,647
▲ 27% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 606,112 | € 822,127 | € 430,779 | € 693,801 | ▲ 61% |
| Profit after taxes | € 54,528 | € 11,065 | € -443,419 | € -189,414 | ▲ € 254,005 |
| Equity | € 197,274 | € 208,339 | € -235,080 | € -424,494 | ▼ € 189,414 |
| Total debts | € 898,217 | € 1,239,746 | € 1,538,237 | € 1,795,320 | ▲ 17% |
| Cash | € 346,302 | € 381,431 | € 389,978 | € 425,634 | ▲ 9% |
| Retained profit | € 135,274 | € 146,339 | € -297,080 | € -486,494 | ▼ € 189,414 |
| Dividend | € 42,857 | € 0 | € 0 | € 0 | |
| Bank debt | € 297,447 | € 458,421 | € 441,347 | € 372,476 | ▼ 16% |
| Balance sheet total | € 1,095,491 | € 1,448,085 | € 1,303,157 | € 1,370,826 | ▲ 5% |
| Employees (FTE) | 22.2 | 28.1 | 27.2 | 24.9 | ▼ 2.3 |
Key figures of FRALICO, 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 FRALICO?
What happened at FRALICO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 189,414. filed late Source: NBB ↗
- New establishment in Cerfontaine. KBO
- Start of the company according to the CBE. KBO
In short
From € 54,528 profit in 2022 to € 189,414 loss in 2025.
Paid € 17,738 in corporate taxes since 2022.
Best year ever: 2022, with € 54,528 profit.
On average € 27,900 of value added per employee in 2025.
Establishments
Establishment units
Physical locations of this company
Rue de la Gare(Cer) 22
5630 Cerfontaine
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0472.782.255
- VAT number
- BE 0472.782.255
- Registered office
- Rue de la Gare(Cer) 22, 5630 Cerfontaine
- Names & denominations
- FRALICO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opschorting (gerechtelijke reorganisatie)
- Start date
- 19 September 2000
- Peppol
- Active · Active since 12 Dec 2025
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Supermarkten (verkoopsoppervlakte tussen 400 m2 en minder dan 2.500 m2)
Grootwarenhuizen (verkoop van overwegend niet-voedingsmiddelen met verkoopsopp.vanaf 2.500 m2)
Overige niet-gespecialiseerde detailhandel
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen niet overheersen (verkoopoppervlakte. = 2500 m²)