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 31 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Fratec from Hasselt, company number BE0732821934, closed financial year 2025 with a result of € 20,565 after tax. For that financial year Fratec recorded a gross margin of € 152,591 and equity of € 32,319. Compared with financial year 2024, the result moved from € 1,800 to € 20,565. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ 32,319
▲ 175% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 20,565
▲ € 18,765 vs 2024
Profit after tax over the fiscal year.
€ 22,353
▲ 91% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -277,681.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 102,011
▼ 42% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 9,711
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,027
▼ 98% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 46,351
▼ 1% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 144,833 | € 186,833 | € 208,243 | € 152,591 | ▼ 27% |
| Profit after taxes | € -104,731 | € -62,030 | € 1,800 | € 20,565 | ▲ € 18,765 |
| Equity | € -218,015 | € -280,045 | € 11,754 | € 32,319 | ▲ 175% |
| Total debts | € 397,380 | € 432,392 | € 119,894 | € 96,888 | ▼ 19% |
| Cash | € 11,302 | € 1,560 | € 11,676 | € 22,353 | ▲ 91% |
| Retained profit | € -238,015 | € -300,045 | € -298,246 | € -277,681 | ▲ € 20,565 |
| Bank debt | € 58,207 | € 35,189 | € 11,819 | € 0 | ▼ 100% |
| Balance sheet total | € 179,365 | € 152,347 | € 131,648 | € 129,207 | ▼ 2% |
Key figures of Fratec, 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 Fratec?
What happened at Fratec in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 20,565 (▲ € 18,765 vs 2024). filed late Source: NBB ↗
- New establishment in Tongeren-Borgloon. KBO
- An Baeyens became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 104,731 loss in 2022 to € 20,565 profit in 2025.
Best year ever: 2025, with € 20,565 profit.
A new publication or filing at Fratec? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Fratec is An Baeyens. An Baeyens is also behind HERMAC.
Directors
According to the 2025 annual accounts
since 2019
Establishments
Establishment units
Physical locations of this company
Mersenhovenstraat 53
3723 Hasselt
Hasseltsesteenweg 599
3700 Tongeren-Borgloon
Active since 23 August 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0732.821.934
- VAT number
- BE 0732.821.934
- Registered office
- Mersenhovenstraat 53, 3723 Hasselt
- Names & denominations
- Fratec
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 August 2019
- Peppol
- Active · Active since 11 Dec 2025
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Eetgelegenheden met volledige bediening