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 23 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
FRATEUR from Aartselaar, company number BE0873632478, closed financial year 2026 with a result of € -1,773 after tax. For that financial year FRATEUR recorded a gross margin of € 22,385 and equity of € 14,575. Compared with financial year 2025, the result moved from € 3,985 to € -1,773. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 30, 2026.
€ 14,575
▼ 11% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,773
▼ still € 3,985 profit in 2025
Profit after tax over the fiscal year.
€ 7,019
▲ € 5,807 vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2,175.
People and assets in 2026
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 20,381
▲ 139% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 7,050
▲ € 7,000 vs 2025
Loans from banks and other lenders, long and short.
€ 5,612
▼ 65% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 9,039
▼ 55% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 51,938 | € -3,365 | € 20,807 | € 22,385 | ▲ 8% |
| Profit after taxes | € 41,389 | € -21,865 | € 3,985 | € -1,773 | ▼ € 5,758 |
| Equity | € 34,228 | € 12,363 | € 16,348 | € 14,575 | ▼ 11% |
| Total debts | € 90,660 | € 98,921 | € 102,080 | € 87,623 | ▼ 14% |
| Cash | - | € 3,230 | € 1,212 | € 7,019 | ▲ € 5,807 |
| Retained profit | € 19,968 | € -37 | € 3,948 | € 2,175 | ▼ 45% |
| Bank debt | € 62,025 | € 19,000 | € 50 | € 7,050 | ▲ € 7,000 |
| Balance sheet total | € 124,888 | € 111,283 | € 118,428 | € 102,198 | ▼ 14% |
Key figures of FRATEUR, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to FRATEUR?
What happened at FRATEUR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 1,773 (▼ € 5,758 vs 2025). Source: NBB ↗
- New establishment in Berlaar. KBO
- New establishment in Aartselaar. KBO
- Raf Frateur became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 41,389 profit in 2023 to € 1,773 loss in 2026.
Paid € 416 in corporate taxes since 2023.
Best year ever: 2023, with € 41,389 profit.
Management
Behind FRATEUR is Raf Frateur.
Directors
According to the 2026 annual accounts
Raf Frateur
Director
since 2005
Establishments
Establishment units
Physical locations of this company
Buerstedelei 1A
2630 Aartselaar
Hellegatstraat 8
2590 Berlaar
Active since 1 January 2022
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0873.632.478
- VAT number
- BE 0873.632.478
- Registered office
- Buerstedelei 1A, 2630 Aartselaar
- Names & denominations
- FRATEUR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 May 2005
- Peppol
- Active · Active since 13 Feb 2024
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