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 13 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
REFRAMINERALS from Kraainem, company number BE0684945902, closed financial year 2025 with a result of € -27,043 after tax. For that financial year REFRAMINERALS recorded a gross margin of € -24,108 and equity of € 298. Compared with financial year 2024, the result moved from € 503 to € -27,043. The company made a loss. The buffer shrank hard: equity is 99 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 298
▼ 99% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -27,043
▼ still € 503 profit in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -12,102.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 1,600
▼ 14% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 25,600
▲ 1% vs 2024
Loans from banks and other lenders, long and short.
€ 508
▲ 133% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,838 | € 992 | € 8,231 | € -24,108 | ▼ € 32,339 |
| Profit after taxes | € -7,501 | € -5,426 | € 503 | € -27,043 | ▼ € 27,546 |
| Equity | € 32,262 | € 26,837 | € 27,340 | € 298 | ▼ 99% |
| Total debts | € 11,694 | € 34,216 | € 30,863 | € 26,138 | ▼ 15% |
| Cash | € 575 | € 217 | - | - | |
| Land & buildings | € 1,183 | € 725 | - | - | |
| Retained profit | € 19,862 | € 14,437 | € 14,940 | € -12,102 | ▼ € 27,043 |
| Bank debt | € 1,333 | € 25,790 | € 25,326 | € 25,600 | ▲ 1% |
| Balance sheet total | € 43,956 | € 61,053 | € 58,203 | € 26,435 | ▼ 55% |
Key figures of REFRAMINERALS, 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 REFRAMINERALS?
What happened at REFRAMINERALS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 27,043 (▼ € 27,546 vs 2024). Source: NBB ↗
- Cathy Friand became a director. NBB
- New establishment in Kraainem. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,501 loss in 2022 to € 27,043 loss in 2025.
Paid € 560 in corporate taxes since 2022.
Best year ever: 2024, with € 503 profit.
Management
Behind REFRAMINERALS is Cathy Friand.
Directors
According to the 2025 annual accounts
Cathy Friand
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Bosduivenlaan 17
1950 Kraainem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0684.945.902
- VAT number
- BE 0684.945.902
- Registered office
- Bosduivenlaan 17, 1950 Kraainem
- Names & denominations
- REFRAMINERALS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 November 2017
- Peppol
- Active · Active since 4 Sept 2025
- Activities · NACE
Handelsbemiddeling in de groothandel in brandstoffen, ertsen, metalen en chemische producten
Handelsbemiddeling in de groothandel in andere specifieke goederen
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige zakelijke dienstverlening, neg
Activiteiten van adviesbureaus op het gebied van public relations en communicatie
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Adviesbureaus op het gebied van public relations en communicatie