F.I.R.M.
ActiveFrom the official registers: KBO 34 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
F.I.R.M. has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €353,504 and a net result of €94,681. Equity has been stable since 2018 (±1.9% per year). Its solvency ranks better than 81% of 4,785 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
KBO- Status
- Active since 07-07-1988 Normal situation
- Activity
- Full-service restaurants NACE 56111
- Establishment units
- 2.039.490.128 1160 Oudergem, since 04-08-1988
- 2.039.490.227 4000 Liège, since 17-08-1988
- Financial year end
- 31 December
- Peppol
- Reachable since 22-12-2025
Board and ownership
- FRENOY Jean-PhilippeDirector · since 16-08-2022
- SENNY EtienneDirector · since 15-11-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €369,641
- ▼ 10.6%
- Turnover
- ≈ €870,000
- estimated
- Profit
- €94,681
- ▼ 23.3%
- Equity
- €353,504
- ▼ 5.2%
- Total assets
- €546,748
- ▼ 8.9%
- Staff
- ≈ 5.9 FTE
- estimated
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Last filed accounts filed 29 days late; 1 of the last 3 accounts latelowers riskLiquidity: current ratio 2.75, cash €485,144Equity €353,504 (64.7% of total assets)Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 80% of them on solvency, 87% on liquidity, 79% on profitability and 35% on growth.
The bankruptcy probability was computed on 31-10-2026 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
The company filed its last 7 accounts on average 40 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)
Key points
Comparable companies
These companies have the same main activity as F.I.R.M.: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €515,000 and €598,000, founded between 1986 and 1992.
| Company | Total assets | Gross margin |
|---|---|---|
| F.I.R.M. Liège | €546,748 | €369,641 |
| HILDERWIN Middelkerke | €585,387 | €373,452 |
| RESTAURANT SINT-JORIS Brugge | €597,628 | €380,496 |
| FORUM DES CADRES ET DIRIGEANTS DE L'ECONOMIE SOCIALE Andenne | €576,806 | €383,189 |
| 'T SCHALIENHUIS Wuustwezel | €514,930 | €375,316 |
| LIJSTERBES Berlare | €566,181 | €358,682 |
| PETROUSKA Roeselare | €515,043 | €315,453 |
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 29-08-2026
- Annual accounts 2024filed on 12-08-2025
- Annual accounts 2023filed on 27-09-2024
- Annual accounts 2022filed on 29-08-2023
Acts in the Belgian Official Gazette
- Resignations & appointmentsact of 11-12-2025
- Registered officeact of 31-01-2023
- Capital & shares · Amendment of the articles · Resignations & appointmentsact of 18-08-2022
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about F.I.R.M.
- What is the company number of F.I.R.M.?
- The company number of F.I.R.M. is 0434.922.363. The VAT number is the same number with BE in front: BE 0434.922.363.
- Where is F.I.R.M. based?
- The registered office is at Rue de la Casquette 5, 4000 Liège.Company details
- What does F.I.R.M. do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of F.I.R.M.?
- The legal form of F.I.R.M. is Public limited company (NV).
- When was F.I.R.M. founded?
- F.I.R.M. was founded on 07-07-1988.
- Is F.I.R.M. still active?
- Yes, F.I.R.M. is an active enterprise in the KBO register.
- How many employees does F.I.R.M. have?
- F.I.R.M. had an average of 5.9 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of F.I.R.M.?
- The turnover in financial year 2025 is ≈ €870,000. This figure is estimated from the gross margin of €369,641 and 44 comparable companies (NACE 56111). It probably lies between €810,000 and €1.2m.
- Is F.I.R.M. profitable?
- In financial year 2025, F.I.R.M. made a profit of €94,681.
- Where can I find the annual accounts of F.I.R.M.?
- F.I.R.M. filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
- When are the next annual accounts of F.I.R.M. due?
- F.I.R.M. must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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