Result
€104,235 ▲ 688%
The result rose in 2025 from €13,227 to €104,235.
FiRo
Lifetime
7 annual accounts with figures on one time axispeak €586,771 (2025)
€586,771▲ 16.2%
lowest -€57,176 (2020)
€104,235▲ 688%
peak €70,177 (2025)
€70,177▲ €104,235
€377,974▼ 26.2%
peak 11.6 FTE (2023)
10.7 FTE▲ 1.9%
Board2 names since 2018
1 directorDE JONGH,Filip
Documentsfilings and deeds
30-01-20261 day before the deadline
2025abbreviated format
Gross margin from €504,818 to €586,771Result from €13,227 to €104,235Equity from -€34,058 to €70,177Debts from €511,981 to €377,974Cash from €52,199 to €3,332
Key points
from the 2025 annual accountsTurnover
≈ €1.4m estimated
The abbreviated format states no turnover.
Debts
€377,974 84% of the balance sheet
Financial debts 20%Suppliers 27%Taxes and wages 38%Other 15%
Staff
9 employees on 30-06-2025
In 2025, 1,143 short contracts started and 1,148 ended, on average 17 hours worked per contract. Staff averaged 11 full-time equivalents.
Filings
7 annual accounts 3 late
The 2020 accounts came latest: 26 days after the end of the period.
Position in the sector
€104,235
Higher net result than 85% of companies in food and beverage service. Sector median €10,278 · 4,838 companies.
Checked score
55
Fair
Financially stronger than 56% of small companies in food and beverage service (NACE 56)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.9% across 1,614 companies (NACE 56, small).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 4.3%
01-2025: 3.5%▼ -0.8 percentage points vs 12-2024
02-2025: 3.5%● unchanged vs 01-2025
03-2025: 3.5%● unchanged vs 02-2025
04-2025: 3.5%● unchanged vs 03-2025
05-2025: 3.5%● unchanged vs 04-2025
06-2025: 3.5%● unchanged vs 05-2025
07-2025: 3.5%● unchanged vs 06-2025
08-2025: 3.5%● unchanged vs 07-2025
09-2025: 3.5%● unchanged vs 08-2025
10-2025: 3.7%▲ +0.2 percentage points vs 09-2025
11-2025: 3.4%▼ -0.3 percentage points vs 10-2025
12-2025: 3.3%▼ -0.1 percentage points vs 11-2025
01-2026: 3.7%▲ +0.4 percentage points vs 12-2025
02-2026: 4.4%▲ +0.7 percentage points vs 01-2026highest value
03-2026: 2.5%▼ -1.9 percentage points vs 02-2026
04-2026: 2.6%▲ +0.1 percentage points vs 03-2026
05-2026: 2.1%▼ -0.5 percentage points vs 04-2026
06-2026: 2.1%● unchanged vs 05-2026
07-2026: 2.1%● unchanged vs 06-2026
08-2026: 2.0%▼ -0.1 percentage points vs 07-2026lowest value
09-2026: 2.0%● unchanged vs 08-2026lowest value
10-2026: 2.0%● unchanged vs 09-2026
11-2026: 2.0%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Sector: Food and beverage service activities (NACE 56)
Size: 10.7 FTE, total assets €448,151
Equity €70,177 (15.7% of total assets)
Liquidity: current ratio 0.96, cash €3,332, halved
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, small). It does better than 33% of them on solvency, 2% on liquidity, 92% on profitability and 98% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 2,684 companies had the same profile as FiRo has now. Each dot stands for 7 companies, two years later.
97.3%
were still trading
1.2%
stopped another way
1.3%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of FiRo itself is higher: 2.0% within 12 months. It rests on far more data about FiRo than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,684 companies, not a prediction for FiRo. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €3,500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.96 (0.82 in 2024), below 1. Short-term debt is 84.3% and cash 0.7% of total assets. 84.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
raises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
1 day early
2024
42 days early
2023
1 day early
2022
21 days late
2021
25 days late
2020
26 days late
2019
2 days early
← 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 4 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 financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 30 January (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0692971463
Changes of role: RIJMEN Rob (director) and DE JONGH Filip (director)
“De uitbating, het beheer en de inrichting van eetgelegenheden met volledige en/of beperkte bediening. Dit…” (deed in Dutch) · Director discharge: RIJMEN Rob · Director discharge: DE JONGH Filip · General meeting of 14-12-2023 · Gazette deed
Appointment: Rijmen Rob (director)
General meeting of 01-06-2021 · Gazette deed
Incorporation
Founders: RIJMEN, Rob; DE JONGH, Filip · Founding capital of €18,600, 100 shares, €6,200 paid up · Appointment: DE JONGH, Filip (manager) · published on 09-04-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FiRo Mol | €448,151 | €586,771 | 15.7% | 10.7 |
| Vercallis Mechelen | €481,043 | €689,542 | 27.5% | 11.1 |
| VINCENT G. Mons | €497,972 | €595,663 | 43.1% | 11 |
| NOTARIAAT BIERPUNT Hechtel-Eksel | €399,796 | €567,082 | 21.9% | 11.5 |
| TENSHI DOCKS Brussels | €439,649 | €527,692 | 22.4% | 10.6 |
| DE GOUDEN BANK Wevelgem | €366,509 | €629,698 | 10.0% | 11 |
| LES COUS Tournai | €414,834 | €695,431 | 26.8% | 12 |
These companies have the same main activity as FiRo: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €367,000 and €498,000, founded between 2016 and 2019.
Official details
Source: KBO- Status
- Active since 22-03-2018Normal situation
- Activity
- Full-service restaurantsNACE 56111and 3 others
- Joint committee
- 302Hotels and catering · annual accounts 30-06-2025
- Establishment unit
- 2.274.632.8752400 Mol, since 22-03-2018
- Financial year end
- 30 June
- Peppol
- Reachable since 04-11-2025
Annual accounts to 30-06-2025
- €448,151▼ 6.2%
- Employeeson 30-06-2025
- 9▼ 35.7%
- Filing
- Filed on 30-01-2026, 1 day before the end of the filing period
Insights on FiRo
FiRo files the abbreviated format. That format states no turnover. The gross margin rose from €482,161 in 2019 to €586,771 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about FiRo
- What is the company number of FiRo?
- The company number of FiRo is 0692.971.463. The VAT number is the same number with BE in front: BE 0692.971.463.
- Where is FiRo based?
- The registered office is at Voogdijstraat 8, 2400 Mol.Company details
- What does FiRo do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of FiRo?
- FiRo is a private limited company (BV).
- When was FiRo founded?
- FiRo was founded on 22-03-2018.
- Is FiRo still active?
- Yes, FiRo is an active enterprise in the KBO register.
- How many employees does FiRo have?
- FiRo had an average of 10.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does FiRo fall under?
- In its 30-06-2025 annual accounts, FiRo states joint committee 302 (Hotels and catering).
- What is the turnover of FiRo?
- The turnover in financial year 2025 is ≈ €1.4m. This figure is estimated from the gross margin of €586,771 and 41 comparable companies (NACE 56111). It probably lies between €1.3m and €1.9m.
- Is FiRo profitable?
- In financial year 2025, FiRo made a profit of €104,235.
- Where can I find the annual accounts of FiRo?
- FiRo filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FiRo due?
- FiRo must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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