FIRAME
ActiveSummary
The computed 12-month bankruptcy probability of FIRAME is 6.3% (elevated). The annual accounts of FIRAME for fiscal year 2025 show a net loss of 60% of total assets and of 93% of the equity at the start of that year. The 2025 annual accounts show equity of €714 and a net result of €-10k. Its solvency ranks better than 29% of 13305 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
22
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency29▼-18
Growth32
Track record82
Bankruptcy probability, 12 months
6.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.55 against 1.07 in 2024; short-term debt: 95.6% and cash: 14.4% of total assets), and 95.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
4.4%
Return on assets
-60%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
2425
2024 to 2025 · latest year €-10k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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 · 2 filingsDeviation from the deadline
2025
24 d late
2024
24 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€714▼ 93.2%
2024 · €10k
2024: €10k
2024 → 2025
Total assets
€16k▼ 65.9%
2024 · €48k
2024: €48k
2024 → 2025
Net result
€-10k▼ 2.1%
2024 · €-10k
2024: €-10k
2024 → 2025
Working capital
€-7k
2024 · €3k
2024: €3k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€10k-€714▼ 93.2%
Operating result€-8k-€-7k▲ 7.8%
Net result€-10k-€-10k▼ 2.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €7k in 2025 against €8k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €16k
Fixed assets
€8k ▼ 15.3%
Current assets
€9k ▼ 77.8%
Equity and liabilities €16k
Equity
€714 ▼ 93.2%
Debt
€16k ▼ 58.2%
The debt ratio rises from 78.0% to 95.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-6k▲
2024 · €-7k
Cash flow
€-8k▲
2024 · €-9k
Current ratio
0.55▼
2024 · 1.07
Quick ratio
0.35▼
2024 · 0.98
ROA
-60.0%▼
2024 · -20.0%
Interest coverage
-2.60▲
2024 · -4.62
Debt ≤ 1 year
€16k▼
2024 · €36k
Staff costs
€38k▲
2024 · €20k
Equity ratios withheld: equity of €714 is too small for a meaningful ratio.
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 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€48k€16k▼
Fixed assets21/28€9k€8k▼
Tangible fixed assets22/27€6k€5k▼
Plant, machinery and equipment23€6k€5k▼
Financial fixed assets28€3k€3k=
Current assets29/58€39k€9k▼
Stocks and contracts in progress3€3k€3k▼
Stocks30/36€3k€3k▼
Amounts receivable within one year40/41€33k€3k▼
Trade receivables40€29k€3k▼
Other amounts receivable41€4k€236▼
Cash at bank and in hand54/58€475€2k▲
Deferred charges and accrued income490/1€2k€0▼
Equity and liabilities
Total equity and liabilities10/49€48k€16k▼
Equity10/15€10k€714▼
Contributions10/11€20k€20k=
Profit (loss) carried forward14€-10k€-19k▼
Amounts payable17/49€37k€16k▼
Amounts payable within one year42/48€36k€16k▼
Trade debts44€29k€8k▼
Suppliers440/4€29k€8k▼
Taxes, remuneration and social security45€3k€4k▲
Taxes450/3€142€283▲
Remuneration and social security454/9€3k€4k▲
Other amounts payable47/48€4k€3k▼
Accrued charges and deferred income492/3€1k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€20k€38k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▲
Other operating charges640/8€1k€2k▲
Non-recurring operating charges66A€216€0▼
Gross operating margin9900€14k€35k▲
Operating profit (loss)9901€-8k€-7k▲
Financial income75/76B€35€1▼
Recurring financial income75€35€1▼
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€-10k€-10k▼
Profit (loss) for the period9904€-10k€-10k▼
Profit (loss) for the period to be appropriated9905€-10k€-10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€-19k▼
Profit (loss) brought forward from the previous period14P-€-10k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
24-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 24 days late
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Charleroi · 1 establishment unit since 2024
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.
Passage de la Bourse 186000 CharleroiGround area
1.4 ha
Building footprint
44 m²
Volume, LiDAR
612 m³
Parcel 52011D0305/00C000, Wallonia · tallest building 16.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Passage de la Bourse 18, 6000 Charleroi
since 20242.356.119.409
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52011D0305/00C000 ProtectedMonument |
Wallonia | 1.4 ha | 1 · 44 m² | 16.0 m · 5 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Food safety, FASFC
1 siteCharleroi2.356.119.409
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Of 21,888 companies in sector 56112 we hold annual accounts for 9,780. 1,397 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-02-2024
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
47252Retail sale of beverages, general range
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:sandwicheriedupassagedelabourse@hotmail.com