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Eurofriet

Active
Private limited companyfounded 20179 yrs activePittemsesteenweg 23, 8700 Tielt, BelgiumKBO/BCE: BE 0680.955.836

The computed 12-month bankruptcy probability of Eurofriet is 1.7% (moderate). The 2025 annual accounts show equity of €110k and a net result of €591. Equity is growing by ~12% per year across the filed fiscal years. Its solvency ranks better than 43% of 13270 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
53 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability61▲+2
Solvency47▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 0.35 against 0.45 in 2024; short-term debt: 38.9% and cash: 8.8% of total assets), and 77.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
22.1%
Return on assets
0.1%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 13-02-2026, 13 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 · 7 filings
Deviation from the deadline
2025
13 d late
2024
7 d late
2023
1 d early
2022
14 d late
2021
28 d late
2020
26 d late
2019
1 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€110k▲ 0.5%
2024 · €110k
2019: €32k 2020: €68k 2021: €73k 2022: €100k 2023: €110k 2024: €110k
2019 → 2025
Total assets
€498k▼ 5.6%
2024 · €527k
2019: €356k 2020: €366k 2021: €476k 2022: €458k 2023: €546k 2024: €527k
2019 → 2025
Net result
€591▲ 13.5%
2024 · €521
2019: €12k 2020: €35k 2021: €6k 2022: €27k 2023: €11k 2024: €521
2019 → 2025
Working capital
€-127k▼ 7.3%
2024 · €-118k
2019: €-75k 2020: €-50k 2021: €-107k 2022: €-124k 2023: €-69k 2024: €-118k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€73k-€100k▲ 36.2%€110k▲ 9.8%€110k▼ 0.3%€110k▲ 0.5%
Operating result€19k-€38k▲ 106%€25k▼ 34.4%€23k▼ 9.7%€17k▼ 26.4%
Net result€6k-€27k▲ 346%€11k▼ 60.2%€521▼ 95.1%€591▲ 13.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10k€20k€30k€40kOperating result 2021: €19k€19kNet result 2021: €6k€6kOperating result 2022: €38k€38kNet result 2022: €27k€27kOperating result 2023: €25k€25kNet result 2023: €11k€11kOperating result 2024: €23k€23kNet result 2024: €521€521Operating result 2025: €17k€17kNet result 2025: €591€59120212022202320242025
The operating result has fallen three years in a row; 2025 is 26% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €498k
Fixed assets €431k▲ 0.5%
Current assets €67k▼ 32.1%
Equity and liabilities €498k
Equity €110k▲ 0.5%
Debt €388k▼ 7.2%
The debt ratio falls from 79.2% to 77.9%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€117k
2024 · €105k
Cash flow
€101k
2024 · €82k
Solvency
22.1%
2024 · 20.8%
Current ratio
0.35
2024 · 0.45
Quick ratio
0.27
2024 · 0.39
Debt / equity
3.52
2024 · 3.81
ROE
0.5%
2024 · 0.5%
ROA
0.1%
2024 · 0.1%
Interest coverage
5.08
2024 · 4.84
Debt
€388k
2024 · €418k
Debt ≤ 1 year
€194k
2024 · €217k
Debt > 1 year
€194k
2024 · €201k
Income taxes
€1k
2024 · €1k
Staff costs
€89k
2024 · €71k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€527k€498k
Fixed assets21/28€429k€431k
Intangible fixed assets21€55k€38k
Tangible fixed assets22/27€374k€393k
Land and buildings22€14k€7k
Plant, machinery and equipment23€211k€261k
Furniture and vehicles24€22k€13k
Other tangible fixed assets26€127k€112k
Current assets29/58€99k€67k
Stocks and contracts in progress3€14k€14k
Stocks30/36€14k€14k
Amounts receivable within one year40/41€28k€9k
Trade receivables40€26k€9k
Other amounts receivable41€2k€0
Cash at bank and in hand54/58€57k€44k
Equity and liabilities
Total equity and liabilities10/49€527k€498k
Equity10/15€110k€110k
Contributions10/11€21k€21k=
Reserves13€89k€90k
Distributable reserves133€89k€90k
Profit (loss) carried forward14€0€0=
Amounts payable17/49€418k€388k
Amounts payable after more than one year17€201k€194k
Financial debts170/4€201k€194k
Amounts payable within one year42/48€217k€194k
Current portion of amounts payable after more than one year42€50k€61k
Trade debts44€27k€20k
Suppliers440/4€27k€20k
Advances received on contracts in progress46€21k€0
Taxes, remuneration and social security45€14k€13k
Taxes450/3€7k€9k
Remuneration and social security454/9€7k€4k
Other amounts payable47/48€105k€99k
Income statement Code20242025
Remuneration, social security and pensions62€71k€89k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€82k€100k
Other operating charges640/8€3k€3k
Gross operating margin9900€178k€209k
Operating profit (loss)9901€23k€17k
Financial income75/76B€483€8k
Recurring financial income75€483€10
Non-recurring financial income76B-€8k
Financial charges65/66B€22k€23k
Recurring financial charges65€22k€23k
Profit (loss) for the period before taxes9903€2k€2k
Income taxes67/77€1k€1k
Profit (loss) for the period9904€521€591
Profit (loss) for the period to be appropriated9905€521€591
Appropriation of the result
Profit (loss) to be appropriated9906€521€591
Transfer from equity791/2€800€0
Transfer to equity691/2€521€591
To other reserves6921€521€591
Profit to be distributed694/7€800€0
Return on contributions (dividend)694€800€0

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
13-02
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 13 days late
2025
07-02
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 7 days late
2024
30-06
Financial Weakest financial yearnet €521 ▼95.1%
Net result drops to €521, the lowest in the series; recovery starts the following year.
30-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
14-02
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 14 days late
2022
30-06
Financial Equity above €100kEq €100k ▲36.2%
4 profitable years in a row build equity to €100k.
28-02
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 28 days late
2021
26-02
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
30-06
Financial Highest result since 2019net €35k ▲194%
Operating result €47k, net result €35k, both a record.
30-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Tielt · 1 establishment unit since 2017
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Pittemsesteenweg 238700 Tielt
Ground area
568 m²
Building footprint
210 m²
Volume, LiDAR
1,201 m³
Parcel 37015A1002/00Z003, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Eurofriet
Pittemsesteenweg 23, 8700 TieltFood and beverage service activities
since 20172.268.072.014
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
37015A1002/00Z003 Flanders 568 m² 1 · 210 m² 8.0 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2024 to 2025 · 2 entries · 3,720 EUR awarded · 3,720 EUR paid
Year Entries awardedpaid
2025 1 2,820 EUR2,820 EUR
2024 1 900 EUR900 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 3,720 EUR · 3,720 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Food safety, FASFC

1 site
Tielt2.268.072.014
1 permission
Toelating · Frituur · since 07-06-2018

Similar companies · same sector, comparable size

Of 21,896 companies in sector 56112 we hold annual accounts for 9,785. 7,689 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded12-09-2017
Fiscal year end30-06
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
47279Other retail sale of food
47299Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.