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DE FRIETMAN

Active
Private limited companyfounded 2018active for 7 yearsProvincieweg 246, 9550 Herzele, BelgiumKBO/BCE: BE 0716.860.088
Summary

The computed 12-month bankruptcy probability of DE FRIETMAN is 2.2% (moderate). The 2025 annual accounts show equity of €321,334 and a net result of €95,706, of which €77,609 non-recurring income. Equity has been growing by about 38% per year since 2019. Its solvency ranks better than 81% of 16,996 sector peers (NACE 56, financial year 2025). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 26-12-2018 Normal situation
Activity
Limited-service restaurants, excluding mobile food services NACE 56112
Establishment unit
2.288.847.434 9550 Herzele, since 10-05-2019
Financial year end
31 December
Peppol
Reachable since 21-12-2025

Board and ownership

Financial position

55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.2%
Annual accounts 2025
Gross margin
€177,821
▲ 25.0%
Turnover
≈ €550,000
estimated
Profit
€95,706
▲ 53.0%
Equity
€321,334
▲ 42.4%
Total assets
€482,058
▲ 7.5%
Staff
≈ 0.7 FTE
estimated
  • 2025 accounts filed 30 days after the deadline
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Last filed accounts filed 30 days late; 1 of the last 3 accounts late1 change of registered office in 24 monthsFounded in 2018Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 74% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Strong
Solvency 92+17
equity 66.7% of total assets
Liquidity 53+12
short-term debt 18.7% · cash 6.7%
Profitability 94+8
return on assets 19.9%
Bankruptcy probability within 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,778 companies, NACE 56, micro)
Last 24 months 12-2024: 1.8% 01-2025: 1.8%● unchanged vs 12-2024 02-2025: 1.9%▲ +0.1 percentage points vs 01-2025 03-2025: 1.5%▼ -0.4 percentage points vs 02-2025lowest value 04-2025: 1.6%▲ +0.1 percentage points vs 03-2025 05-2025: 3.2%▲ +1.6 percentage points vs 04-2025 06-2025: 3.1%▼ -0.1 percentage points vs 05-2025 07-2025: 3.6%▲ +0.5 percentage points vs 06-2025 08-2025: 4.6%▲ +1.0 percentage point vs 07-2025 09-2025: 5.1%▲ +0.5 percentage points vs 08-2025highest value 10-2025: 3.0%▼ -2.1 percentage points vs 09-2025 11-2025: 3.1%▲ +0.1 percentage points vs 10-2025 12-2025: 3.1%● unchanged vs 11-2025 01-2026: 3.0%▼ -0.1 percentage points vs 12-2025 02-2026: 3.1%▲ +0.1 percentage points vs 01-2026 03-2026: 3.0%▼ -0.1 percentage points vs 02-2026 04-2026: 3.3%▲ +0.3 percentage points vs 03-2026 05-2026: 3.8%▲ +0.5 percentage points vs 04-2026 06-2026: 3.7%▼ -0.1 percentage points vs 05-2026 07-2026: 3.8%▲ +0.1 percentage points vs 06-2026 08-2026: 4.1%▲ +0.3 percentage points vs 07-2026 09-2026: 2.3%▼ -1.8 percentage points vs 08-2026 10-2026: 2.2%▼ -0.1 percentage points vs 09-2026 11-2026: 2.2%● unchanged vs 10-2026
Credit of up to €17,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.78 (2.33 in 2024), above the usual 1.5. Short-term debt is 18.7% and cash 6.7% of total assets. 33.3% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 81% of them on solvency, 56% on liquidity, 82% on profitability and 78% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
raises risk
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Last filed accounts filed 30 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Founded in 2018
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 30 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 7 filings
Deviation from the deadline
2025
30 days late
2024
31 days late
2023
28 days late
2022
16 days late
2021
24 days late
2020
31 days late
2019
19 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 26 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher net result than 95% of companies in food and beverage servicesector median €4,886 · 16,974 companies €95,706 View
  • Positive: Equity rose in 2025from €225,628 to €321,334 ▲ 42.4% View

Recent changes

  1. · Gazette deed Registered office moved from Aspelare to Herzele
  2. · Gazette deed Change of role: Geert Van Den Broeke, from manager to director
  3. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as DE FRIETMAN: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €449,000 and €531,000, founded between 2018 and 2019.

CompanyTotal assetsGross margin
DE FRIETMAN Herzele€482,058€177,821
BIBICH Kraainem€526,620€187,588
DRAGEE Halle€449,224€177,033
YAKAMOZ Leuven€455,196€177,902
LEOpancakes Leuven€512,362€183,437
BELFOOD Elsene€479,761€166,994
KAMALI Antwerpen€530,757€196,336
Full comparison

Key facts about DE FRIETMAN

What is the company number of DE FRIETMAN?
The company number of DE FRIETMAN is 0716.860.088. The VAT number is the same number with BE in front: BE 0716.860.088.
Where is DE FRIETMAN based?
The registered office is at Provincieweg 246, 9550 Herzele.Company details
What does DE FRIETMAN do?
According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
What is the legal form of DE FRIETMAN?
The legal form of DE FRIETMAN is Private limited company (BV).
When was DE FRIETMAN founded?
DE FRIETMAN was founded on 26-12-2018.
Is DE FRIETMAN still active?
Yes, DE FRIETMAN is an active enterprise in the KBO register.
How many employees does DE FRIETMAN have?
DE FRIETMAN had an average of 0.3 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
What is the turnover of DE FRIETMAN?
The turnover in financial year 2025 is ≈ €550,000. This figure is estimated from the gross margin of €177,821 and 83 comparable companies (NACE 56112). It probably lies between €410,000 and €670,000.
Is DE FRIETMAN profitable?
In financial year 2025, DE FRIETMAN made a profit of €95,706.
Where can I find the annual accounts of DE FRIETMAN?
DE FRIETMAN filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DE FRIETMAN due?
DE FRIETMAN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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