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Fondrie

Active
Private limited companyfounded 20232 yrs activeGeelsebaan 28, 2460 Kasterlee, BelgiumKBO/BCE: BE 1002.400.473
Summary

The computed 12-month bankruptcy probability of Fondrie is 3.9% (moderate). The 2025 annual accounts show equity of €6,712 and a net result of €3,598. Its solvency ranks better than 30% of 3787 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability76▲+7
Solvency35▲+5
Growth78
Track record82
Bankruptcy probability, 12 months
3.9% Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.36 against 0.28 in 2024; short-term debt: 89.6% and cash: 14% of total assets), and 89.6% of the assets are financed with debt.
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Signals

Three 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
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-06-2026, 53 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
53 d early
2024
13 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 33 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

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 months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 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

History

Fondrie was incorporated on 17 November 2023 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€6,712▲ 116%
2024 · €3,114
Total assets
€64,358▲ 3.3%
2024 · €62,310
Net result
€3,598▲ 3,065%
2024 · €114
Working capital
-€36,919▲ 13.9%
2024 · -€42,880
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result€178-€5,008▲ 2,709%
Net result€114within the sector's middle half-€3,598within the sector's middle half▲ 3,065%
Equity€3,114below the sector's middle half-€6,712within the sector's middle half▲ 116%
Total assets€62,310below the sector's middle half-€64,358below the sector's middle half▲ 3.3%
Debt€59,196-€57,647▼ 2.6%
Working capital-€42,880within the sector's middle half--€36,919within the sector's middle half▲ 13.9%
Solvency5.0%below the sector's middle half-10.4%within the sector's middle half▲ 5.4pp
Current ratio0.28below the sector's middle half-0.36below the sector's middle half▲ 0.08
Return on assets (ROA)0.2%within the sector's middle half-5.6%within the sector's middle half▲ 5.4pp
Staff (FTE)0.8below the sector's middle half-0.5below the sector's middle half▼ 37.5%
above within below the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€2,000€4,000€6,000Operating result 2024: €178€178Net result 2024: €114€114Operating result 2025: €5,008€5,008Net result 2025: €3,598€3,59820242025€0€2,000€4,000€6,000Operating result 2024: €178€178Net result 2024: €114€114Operating result 2025: €5,008€5,010Net result 2025: €3,598€3,60020242025
The operating result rises in 2025; 2025 is 2,709% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €64,358
Fixed assets €43,631 ▼ 5.1%
Current assets €20,727 ▲ 27.0%
Equity and liabilities €64,358
Equity €6,712 ▲ 116%
Debt €57,647 ▼ 2.6%
Debt's share of the balance-sheet total falls from 95.0% to 89.6%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€10,440▲
2024 · €5,151
Cash flow
€9,030▲
2024 · €5,086
Quick ratio
0.26▲
2024 · 0.14
Debt to equity
8.59▼
2024 · 19.01
ROE
53.6%▲
2024 · 3.7%
Interest coverage
14.74▲
2024 · 7.17
Debt ≤ 1 year
€57,647▼
2024 · €59,196
Income taxes
€829▲
2024 · €114
Staff costs
€25,087▼
2024 · €42,720
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.9% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,976 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€62,310€64,358▲
Fixed assets21/28€45,993€43,631▼
Intangible fixed assets21€45,027€40,027▼
Tangible fixed assets22/27-€2,638
Furniture and vehicles24-€2,638
Financial fixed assets28€966€966=
Current assets29/58€16,316€20,727▲
Stocks and contracts in progress3€8,051€5,528▼
Stocks30/36€8,051€5,528▼
Amounts receivable within one year40/41€2,929€5,547▲
Trade receivables40€158€1,843▲
Other amounts receivable41€2,770€3,704▲
Cash at bank and in hand54/58€4,179€8,981▲
Deferred charges and accrued income490/1€1,157€670▼
Equity and liabilities
Total equity and liabilities10/49€62,310€64,358▲
Equity10/15€3,114€6,712▲
Contributions10/11€3,000€3,000=
Reserves13€114€3,712▲
Distributable reserves133€114€3,712▲
Amounts payable17/49€59,196€57,647▼
Amounts payable within one year42/48€59,196€57,647▼
Trade debts44€2,964€2,857▼
Suppliers440/4€2,964€2,857▼
Taxes, remuneration and social security45€3,921€2,479▼
Taxes450/3€2,309€1,938▼
Remuneration and social security454/9€1,612€541▼
Other amounts payable47/48€52,310€52,310=
Income statement Code20242025
Remuneration, social security and pensions62€42,720€25,087▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,973€5,432▲
Other operating charges640/8€2,570€1,530▼
Gross operating margin9900€50,441€37,058▼
Operating profit (loss)9901€178€5,008▲
Financial income75/76B€768€127▼
Recurring financial income75€768€127▼
Financial charges65/66B€718€708▼
Recurring financial charges65€718€708▼
Profit (loss) for the period before taxes9903€228€4,427▲
Income taxes67/77€114€829▲
Profit (loss) for the period9904€114€3,598▲
Profit (loss) for the period to be appropriated9905€114€3,598▲
Appropriation of the result
Profit (loss) to be appropriated9906€114€3,598▲
Transfer to equity691/2€114€3,598▲
To other reserves6921€114€3,598▲
Social balance
Average headcount (FTE)90870.80.5▼

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Remuneration, social security and pensions62€42,720€25,087▼ 41.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,973€5,432▲ 9.2%
Other operating charges640/8€2,570€1,530▼ 40.4%
Gross operating margin9900€50,441€37,058▼ 26.5%
Operating profit (loss)9901€178€5,008▲ 2,709%
Financial income75/76B€768€127▼ 83.4%
Recurring financial income75€768€127▼ 83.4%
Financial charges65/66B€718€708▼ 1.4%
Recurring financial charges65€718€708▼ 1.4%
Profit (loss) for the period before taxes9903€228€4,427▲ 1,842%
Income taxes67/77€114€829▲ 626%
Profit (loss) for the period9904€114€3,598▲ 3,065%
Profit (loss) for the period to be appropriated9905€114€3,598▲ 3,065%
Line20242025Change
Assets
Total assets20/58€62,310€64,358▲ 3.3%
Fixed assets21/28€45,993€43,631▼ 5.1%
Intangible fixed assets21€45,027€40,027▼ 11.1%
Tangible fixed assets22/27-€2,638-
Furniture and vehicles24-€2,638-
Financial fixed assets28€966€966=
Current assets29/58€16,316€20,727▲ 27.0%
Stocks and contracts in progress3€8,051€5,528▼ 31.3%
Stocks30/36€8,051€5,528▼ 31.3%
Amounts receivable within one year40/41€2,929€5,547▲ 89.4%
Trade receivables40€158€1,843▲ 1,064%
Other amounts receivable41€2,770€3,704▲ 33.7%
Cash at bank and in hand54/58€4,179€8,981▲ 115%
Deferred charges and accrued income490/1€1,157€670▼ 42.1%
Equity and liabilities
Total equity and liabilities10/49€62,310€64,358▲ 3.3%
Equity10/15€3,114€6,712▲ 116%
Contributions10/11€3,000€3,000=
Reserves13€114€3,712▲ 3,165%
Distributable reserves133€114€3,712▲ 3,165%
Amounts payable17/49€59,196€57,647▼ 2.6%
Amounts payable within one year42/48€59,196€57,647▼ 2.6%
Trade debts44€2,964€2,857▼ 3.6%
Suppliers440/4€2,964€2,857▼ 3.6%
Taxes, remuneration and social security45€3,921€2,479▼ 36.8%
Taxes450/3€2,309€1,938▼ 16.1%
Remuneration and social security454/9€1,612€541▼ 66.5%
Other amounts payable47/48€52,310€52,310=
Line20242025Change
Profit (loss) for the period9904€114€3,598▲ 3,065%
+ Depreciation and write-downs630€4,973€5,432▲ 9.2%
Operating cash flow (approximation)€5,086€9,030▲ 77.5%
Investment in fixed assets (approximation)--€3,070-
Change in cash-€4,802-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
08-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
18-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Kasterlee · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
409 m²
Building footprint
178 m²
Volume, LiDAR
862 m³
Parcel 13017G0415/00P005, Flanders · tallest building 9.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Fondrie
Geelsebaan 28, 2460 KasterleeFood and beverage service activities
since 20232.352.187.147
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13017G0415/00P005 Flanders 409 m² 1 · 178 m² 9.6 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Kasterlee2.352.187.147
1 permission
Drankgelegenheid · since 01-01-2024

Similar companies · same sector, comparable size

Of 13,991 companies in this sector we hold annual accounts for 4,899. 3,113 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded17-11-2023
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
E-invoicing
Reachable via Peppol
Peppol ID 0208:1002400473
Also 9925:BE1002400473
Registered 24-08-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.