FITFRIT
Open bankruptcyA bankruptcy procedure is open for FITFRIT according to publications in the Belgian State Gazette; curator: JOHAN COLPAERT.
Summary
The 2023 annual accounts show equity of €3k and a net result of €-3k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 31-08-2024, 31 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
31 d late
2022
28 d late
2021
30 d late
2020
27 d late
2019
91 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€3k▼ 45.8%
2022 · €6k
2019: €-5k
2020: €1k
2021: €-6k
2022: €6k
2019 → 2023
Total assets
€34k▼ 34.7%
2022 · €53k
2019: €31k
2020: €31k
2021: €39k
2022: €53k
2019 → 2023
Net result
€-3k
2022 · €13k
2019: €-20k
2020: €7k
2021: €-8k
2022: €13k
2019 → 2023
Working capital
€-5k▼ 98.2%
2022 · €-2k
2019: €19k
2020: €17k
2021: €14k
2022: €-2k
2019 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€-5k-€1k€-6k€6k€3k▼ 45.8%
Operating result€-21k-€7k€-7k€14k€-3k
Net result€-20k-€7k€-8k€13k€-3k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €3k after €14k in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €34k
Fixed assets
€16k ▼ 24.4%
Current assets
€18k ▼ 41.7%
Equity and liabilities €34k
Equity
€3k ▼ 45.8%
Debt
€31k ▼ 33.2%
Debt's share of the balance-sheet total rises from 87.9% to 90.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€3k▼
2022 · €19k
Cash flow
€3k▼
2022 · €18k
Current ratio
0.79▼
2022 · 0.93
Quick ratio
0.73▼
2022 · 0.81
Debt to equity
8.97▲
2022 · 7.28
ROE
-84.6%▼
2022 · 198.0%
ROA
-8.5%▼
2022 · 23.9%
Interest coverage
21.63▲
2022 · 14.53
Debt ≤ 1 year
€23k▼
2022 · €34k
Debt > 1 year
€7k▼
2022 · €10k
Staff costs
€3k▼
2022 · €14k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 46 lines
Balance sheet
Code20222023
Assets
Total assets20/58€53k€34k▼
Fixed assets21/28€21k€16k▼
Tangible fixed assets22/27€21k€16k▼
Land and buildings22€5k€4k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€12k€8k▼
Financial fixed assets28€400€400=
Current assets29/58€31k€18k▼
Stocks and contracts in progress3€4k€2k▼
Stocks30/36€4k€2k▼
Amounts receivable within one year40/41€6k€1k▼
Trade receivables40€4k€541▼
Other amounts receivable41€3k€662▼
Cash at bank and in hand54/58€21k€16k▼
Equity and liabilities
Total equity and liabilities10/49€53k€34k▼
Equity10/15€6k€3k▼
Contributions10/11€15k€15k=
Outside capital11€15k€15k=
Other1109/19€15k€15k=
Profit (loss) carried forward14€-9k€-12k▼
Amounts payable17/49€46k€31k▼
Amounts payable after more than one year17€10k€7k▼
Other amounts payable178/9€10k€7k▼
Amounts payable within one year42/48€34k€23k▼
Trade debts44€6k€4k▼
Suppliers440/4€6k€4k▼
Taxes, remuneration and social security45€874-
Remuneration and social security454/9€874-
Other amounts payable47/48€27k€20k▼
Accrued charges and deferred income492/3€3k€500▼
Income statement
Code20222023
Remuneration, social security and pensions62€14k€3k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€6k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€35k€7k▼
Operating profit (loss)9901€14k€-3k▼
Financial income75/76B€206€78▼
Recurring financial income75€206€78▼
Non-recurring financial income76B€206€78▼
Financial charges65/66B€1k€358▼
Recurring financial charges65€1k€151▼
Non-recurring financial charges66B€1€207▲
Profit (loss) for the period before taxes9903€13k€-3k▼
Profit (loss) for the period9904€13k€-3k▼
Profit (loss) for the period to be appropriated9905€13k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-9k€-12k▼
Profit (loss) brought forward from the previous period14P€-21k€-9k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-10
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · FITFRIT BV STATIONS- STRAAT 23, 9470 DENDERLEEUW · event 29-09-2025
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Denderleeuw · 1 establishment unit since 2018
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.
Stationsstraat 239470 DenderleeuwGround area
123 m²
Building footprint
69 m²
Volume, LiDAR
477 m³
Parcel 41011A1105/00K002, Flanders · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
FITFRIT
since 20182.278.096.171
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41011A1105/00K002 | Flanders | 123 m² | 1 · 69 m² | 12.0 m · 3 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JOHAN COLPAERT HULSTBAAN 233A, 9112 SINAAI-
WAAS |
29-09-2025 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteDenderleeuw2.278.096.171
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Of 21,888 companies in sector 56112 we hold annual accounts for 9,780. 4,283 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-07-2018
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.