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 1 of the last 4 fiscal years.
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Busy address KBO
71 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
FRENACO SRL from Namur, company number BE0660849716, closed financial year 2025 with a result of € -40,863 after tax. For that financial year FRENACO SRL recorded a gross margin of € 107,976 and equity of € -7,023. Compared with financial year 2024, the result moved from € 26,081 to € -40,863. 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 October 6, 2026.
€ -7,023
▼ € 40,862 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -40,863
▼ still € 26,081 profit in 2024
Profit after tax over the fiscal year.
€ 65,857
▲ 52% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -7,523.
People and assets in 2025
€ 25,555
▼ 43% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 9,697
▼ 56% vs 2024
Loans from banks and other lenders, long and short.
€ 21,547
▼ 22% vs 2024
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 | € 107,460 | € 104,556 | € 96,437 | € 107,976 | ▲ 12% |
| Profit after taxes | € 5,044 | € -18,772 | € 26,081 | € -40,863 | ▼ € 66,944 |
| Equity | € 26,530 | € 7,759 | € 33,839 | € -7,023 | ▼ € 40,862 |
| Total debts | € 21,486 | € 73,730 | € 54,126 | € 99,681 | ▲ 84% |
| Cash | € 1,367 | € 15,838 | € 43,238 | € 65,857 | ▲ 52% |
| Retained profit | € 26,030 | € 7,259 | € 33,339 | € -7,523 | ▼ € 40,862 |
| Bank debt | € 0 | € 33,672 | € 22,016 | € 9,697 | ▼ 56% |
| Balance sheet total | € 48,016 | € 81,489 | € 87,965 | € 92,658 | ▲ 5% |
Key figures of FRENACO SRL, 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 FRENACO SRL?
What happened at FRENACO SRL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 40,863 (▼ € 66,944 vs 2024). filed late Source: NBB ↗
- New establishment in Namur. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,044 profit in 2022 to € 40,863 loss in 2025.
Paid € 14,210 in corporate taxes since 2022.
Best year ever: 2024, with € 26,081 profit.
Establishments
Establishment units
Physical locations of this company
Avenue d'Ecolys(RH) 2 box 51
5020 Namur
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 71 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0660.849.716
- VAT number
- BE 0660.849.716
- Registered office
- Avenue d'Ecolys(RH) 2 bus 51, 5020 Namur
- Names & denominations
- FRENACO SRL · Frederik Nenadic
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 August 2016
- Peppol
- Active · Active since 15 Jan 2026
- Activities · NACE
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