DE FRIES
ActiveSummary
DE FRIES has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €261k and a net result of €-873. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 95% of 1865 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability68▼-1
Solvency100=
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity ample (current ratio 42.21 against 38.32 in 2024; short-term debt: 1.5% and cash: 2.8% of total assets), and 2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
21 d late
2024
31 d late
2023
28 d late
2022
25 d late
2021
43 d late
2020
25 d late
2019
73 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€261k▼ 0.3%
2024 · €261k
2018: €261k
2019: €259k▼ -0.6% vs 2018lowest in 8 years
2020: €260k▲ +0.2% vs 2019
2021: €261k▲ +0.5% vs 2020
2022: €262k▲ +0.3% vs 2021highest in 8 years
2023: €260k▼ -0.5% vs 2022
2024: €261k▲ +0.4% vs 2023
2025: €261k▼ -0.3% vs 2024
2018 → 2025
Total assets
€266k▲ 0.1%
2024 · €266k
2018: €264k
2019: €261k▼ -1.1% vs 2018lowest in 8 years
2020: €263k▲ +0.5% vs 2019
2021: €265k▲ +0.8% vs 2020
2022: €265k▲ +0.1% vs 2021
2023: €264k▼ -0.3% vs 2022
2024: €266k▲ +0.5% vs 2023
2025: €266k▲ +0.1% vs 2024highest in 8 years
2018 → 2025
Net result
€-873
2024 · €1k
2018: €-2klowest in 8 years
2019: €-1k▲ +7.5% vs 2018
2020: €398▲ +127% vs 2019
2021: €1k▲ +230% vs 2020highest in 8 years
2022: €801▼ -39.2% vs 2021
2023: €-1k▼ -272% vs 2022
2024: €1k▲ +180% vs 2023
2025: €-873▼ -179% vs 2024
2018 → 2025
Working capital
€161k▲ 2.4%
2024 · €157k
2018: €136klowest in 8 years
2019: €138k▲ +1.6% vs 2018
2020: €144k▲ +3.6% vs 2019
2021: €147k▲ +2.7% vs 2020
2022: €152k▲ +2.8% vs 2021
2023: €153k▲ +1.1% vs 2022
2024: €157k▲ +2.8% vs 2023
2025: €161k▲ +2.4% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€261k-€262k▲ 0.3%€260k▼ 0.5%€261k▲ 0.4%€261k▼ 0.3%
2021: €261k
2022: €262k▲ +0.3% vs 2021highest in 5 years
2023: €260k▼ -0.5% vs 2022lowest in 5 years
2024: €261k▲ +0.4% vs 2023
2025: €261k▼ -0.3% vs 2024
Operating result€1k-€385▼ 69.7%€-2k€284€-2k
2021: €1khighest in 5 years
2022: €385▼ -69.7% vs 2021
2023: €-2k▼ -539% vs 2022
2024: €284▲ +117% vs 2023
2025: €-2k▼ -725% vs 2024lowest in 5 years
Net result€1k-€801▼ 39.2%€-1k€1k€-873
2021: €1khighest in 5 years
2022: €801▼ -39.2% vs 2021
2023: €-1k▼ -272% vs 2022lowest in 5 years
2024: €1k▲ +180% vs 2023
2025: €-873▼ -179% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €2k after €284 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €266k
Fixed assets
€101k ▼ 3.2%
Current assets
€165k ▲ 2.2%
Equity and liabilities €266k
Equity
€261k ▼ 0.3%
Debt
€5k ▲ 25.5%
Debt's share of the balance-sheet total rises from 1.6% to 2.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€2k▼
2024 · €4k
Cash flow
€2k▼
2024 · €4k
Current ratio
42.21▲
2024 · 38.32
Debt to equity
0.02▲
2024 · 0.02
ROE
-0.3%▼
2024 · 0.4%
ROA
-0.3%▼
2024 · 0.4%
Interest coverage
13.51▼
2024 · 49.27
Debt ≤ 1 year
€4k▼
2024 · €4k
Debt > 1 year
€1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€266k€266k▲
Fixed assets21/28€104k€101k▼
Intangible fixed assets21€6k€6k=
Tangible fixed assets22/27€98k€94k▼
Land and buildings22€66k€63k▼
Plant, machinery and equipment23€29k€29k=
Furniture and vehicles24€2k€2k▼
Current assets29/58€162k€165k▲
Amounts receivable within one year40/41€46k€40k▼
Trade receivables40€300€582▲
Other amounts receivable41€46k€39k▼
Current investments50/53€100k€117k▲
Cash at bank and in hand54/58€16k€7k▼
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€266k€266k▲
Equity10/15€261k€261k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€189k€189k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€183k€183k=
Profit (loss) carried forward14€11k€10k▼
Amounts payable17/49€4k€5k▲
Amounts payable after more than one year17-€1k
Other amounts payable178/9-€1k
Amounts payable within one year42/48€4k€4k▼
Trade debts44€407-
Suppliers440/4€407-
Taxes, remuneration and social security45€4k€4k▲
Taxes450/3€4k€4k▲
Accrued charges and deferred income492/3-€180
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k=
Other operating charges640/8€2k€2k▼
Gross operating margin9900€6k€3k▼
Operating profit (loss)9901€284€-2k▼
Financial income75/76B€889€1k▲
Recurring financial income75€889€1k▲
Financial charges65/66B€74€115▲
Recurring financial charges65€74€115▲
Profit (loss) for the period before taxes9903€1k€-873▼
Profit (loss) for the period9904€1k€-873▼
Profit (loss) for the period to be appropriated9905€1k€-873▼
Appropriation of the result
Profit (loss) to be appropriated9906€11k€10k▼
Profit (loss) brought forward from the previous period14P€10k€11k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €3k | €3k | €3k | €3k | = |
| Other operating charges640/8 | €2k | €1k | €3k | €2k | €2k | ▼ 15.9% |
| Gross operating margin9900 | €6k | €5k | €4k | €6k | €3k | ▼ 42.9% |
| Operating profit (loss)9901 | €1k | €385 | €-2k | €284 | €-2k | ▼ 725% |
| Financial income75/76B | €360 | €360 | €412 | €889 | €1k | ▲ 14.8% |
| Recurring financial income75 | €360 | €360 | €412 | €889 | €1k | ▲ 14.8% |
| Financial charges65/66B | €147 | €115 | €96 | €74 | €115 | ▲ 56.9% |
| Recurring financial charges65 | €147 | €115 | €96 | €74 | €115 | ▲ 56.9% |
| Profit (loss) for the period before taxes9903 | €1k | €631 | €-1k | €1k | €-873 | ▼ 179% |
| Income taxes67/77 | €170 | €-170 | - | - | - | - |
| Profit (loss) for the period9904 | €1k | €801 | €-1k | €1k | €-873 | ▼ 179% |
| Profit (loss) for the period to be appropriated9905 | €1k | €801 | €-1k | €1k | €-873 | ▼ 179% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €265k | €265k | €264k | €266k | €266k | ▲ 0.1% |
| Fixed assets21/28 | €114k | €111k | €107k | €104k | €101k | ▼ 3.2% |
| Intangible fixed assets21 | €6k | €6k | €6k | €6k | €6k | = |
| Tangible fixed assets22/27 | €108k | €104k | €101k | €98k | €94k | ▼ 3.4% |
| Land and buildings22 | €76k | €73k | €69k | €66k | €63k | ▼ 4.9% |
| Plant, machinery and equipment23 | €29k | €29k | €29k | €29k | €29k | = |
| Furniture and vehicles24 | €2k | €2k | €2k | €2k | €2k | ▼ 3.9% |
| Current assets29/58 | €151k | €154k | €157k | €162k | €165k | ▲ 2.2% |
| Amounts receivable within one year40/41 | €20k | €19k | €20k | €46k | €40k | ▼ 13.4% |
| Trade receivables40 | €225 | €225 | €400 | €300 | €582 | ▲ 93.9% |
| Other amounts receivable41 | €20k | €19k | €20k | €46k | €39k | ▼ 14.1% |
| Current investments50/53 | €115k | €115k | €130k | €100k | €117k | ▲ 16.5% |
| Cash at bank and in hand54/58 | €16k | €18k | €5k | €16k | €7k | ▼ 53.0% |
| Deferred charges and accrued income490/1 | - | €2k | €1k | - | €1k | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €265k | €265k | €264k | €266k | €266k | ▲ 0.1% |
| Equity10/15 | €261k | €262k | €260k | €261k | €261k | ▼ 0.3% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | €62k | €62k | €62k | €62k | €62k | = |
| Issued capital100 | €62k | €62k | €62k | €62k | €62k | = |
| Reserves13 | €189k | €189k | €189k | €189k | €189k | = |
| Non-distributable reserves130/1 | €6k | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | €6k | €6k | €6k | €6k | €6k | = |
| Distributable reserves133 | €183k | €183k | €183k | €183k | €183k | = |
| Profit (loss) carried forward14 | €10k | €11k | €10k | €11k | €10k | ▼ 8.2% |
| Amounts payable17/49 | €4k | €3k | €4k | €4k | €5k | ▲ 25.5% |
| Amounts payable after more than one year17 | - | - | - | - | €1k | - |
| Other amounts payable178/9 | - | - | - | - | €1k | - |
| Amounts payable within one year42/48 | €3k | €3k | €4k | €4k | €4k | ▼ 7.2% |
| Trade debts44 | €443 | - | - | €407 | - | - |
| Suppliers440/4 | €443 | - | - | €407 | - | - |
| Taxes, remuneration and social security45 | €3k | €3k | €4k | €4k | €4k | ▲ 2.6% |
| Taxes450/3 | €3k | €3k | €4k | €4k | €4k | ▲ 2.6% |
| Accrued charges and deferred income492/3 | €518 | €495 | €180 | - | €180 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1k | €801 | €-1k | €1k | €-873 | ▼ 179% |
| + Depreciation and write-downs630 | €3k | €3k | €3k | €3k | €3k | = |
| Operating cash flow (approximation) | €5k | €4k | €2k | €4k | €2k | ▼ 44.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €2k | €-13k | €10k | €-8k | ▼ 181% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 21 days late
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
12-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 43 days late
2021
31-12
Financial
Highest result since 2018net €1k ▲230%
Operating result €1k, net result €1k, both a record.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
31-12
Financial
Back to profitnet €398
Net result €398 after 2 loss-making years.
12-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 73 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 122.35
Current ratio from 49.46 to 122.35; short-term debt falls from €3k to €1k.
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 58 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 22 days late
2017
03-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 3 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Deinze · 1 establishment unit since 1991
Ground area
2,324 m²
Building footprint
277 m²
Volume, LiDAR
1,754 m³
2 parcels, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Burgem. Achiel Heymanstraat 109, 9140 Temse
since 19912.052.447.051
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44030B0312/00C000 | Flanders | 1,561 m² | 1 · 142 m² | 8.0 m · 2 fl. |
| 46026A0552/00C000 | Flanders | 762 m² | 1 · 135 m² | 9.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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BE 0422.565.652
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TAXI RIK
BE 0475.814.197
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VAN CAUTER TRAVEL
BE 0436.369.049
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Of 6,987 companies in sector 49320 we hold annual accounts for 2,721. 1,356 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded27-03-1991
Fiscal year end31-12
Activities, NACEBEL 2025
49320Non-scheduled passenger transport by road
64210Activities of holding companies
Scores and ratios are computed by Checked and are not a credit decision.