Active BE 0757.940.281Private limited company

FRAIDI CARS

Assesteenweg 116 A ·1740 Ternat, Belgium· 5 yrs active

Sector: Goederenvervoer over de weg (49410)

Conclusion Checked

The computed 12-month bankruptcy probability of FRAIDI CARS is 3.2% (moderate). The 2024 annual accounts show equity of €13k and a net result of €2k. Equity is growing by ~29% per year across the filed fiscal years. Its solvency ranks better than 91% of 2254 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Key figures

Equity	€13k
Net result	€2k
Better than sector	91%
Active	5 yrs

Snowflake analysis 5 of 5 axes measured · computed by Checked

88 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 93

Profitability 73

Solvency 100

Growth 78

Stability 94

Bankruptcy probability (12 mo) Checked model v1 · free

3.2% Moderate

0%0,5%1,5%4%10%≥25%

Higher-failure-rate sector +Young company +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

More than 3 years active

Founded in 2020, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags 0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2024 · computed

93 / 100 Excellent

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

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Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview4 NBB filings

Annual accounts filed on 28-10-2025 with the NBB · fiscal year 2024 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~29%/year over 4 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2024 · NACE 49, Land transport · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	75.3%	27.4%	better than 91% of 2254 sector peers
Net result	€2k	€6k	better than 40% of 2238 sector peers
Equity	€13k	€17k	better than 45% of 2260 sector peers
Gross operating margin	€2k	€28k	better than 17% of 2226 sector peers
Total assets	€17k	€66k	better than 15% of 2255 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€2k

-36.1% 21-24

Net profit

€2k

-34.3% 21-24

Cash flow

€2k

-32.0% 21-24

Total assets

€17k

+18.7% 21-24

Equity

€13k

+17.2% 21-24

Working capital

€13k

+19.8% 21-24

Debt

€4k

+23.5% 21-24

Debt ≤ 1y

€4k

+23.5% 21-24

Current ratio

4.00

-2.2% 21-24

Quick ratio

3.88

-5.1% 21-24

Solvency

75.3%

-1.3% 21-24

Debt / equity

0.33

+5.4% 21-24

ROE

14.7%

-43.9% 21-24

ROA

11.0%

-44.6% 21-24

Interest coverage

26.06

-11.3% 21-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	-
EBITDA	€2k
Net profit	€2k
Cash flow	€2k
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€17k
Equity	€13k
Debt	€4k
of which ≤ 1y	€4k
of which > 1y	-
Working capital	€13k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	4.00
Quick ratio	3.88
Working capital ratio	74.1%
Solvency	75.3%
Debt / equity	0.33
Long-term debt ratio	-
Interest coverage	26.06
Gross margin	-
Net margin	-
ROA	11.0%
ROE	14.7%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Equity & liabilities

Equity €13k · 75.3% Debt €4k · 24.7%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€17k
Formation expenses	20	€206
Current assets	29/58	€17k
Stocks & contracts in progress	3	€500
Amounts receivable within one year	40/41	€5k
Cash & bank	54/58	€12k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€17k
Equity	10/15	€13k
Contributions / capital	10/11	€10k
Accumulated profits (losses)	14	€3k
Amounts payable	17/49	€4k
Amounts payable within one year	42/48	€4k
Trade debts payable within one year	44	€3k
Income statement
Gross operating margin	9900	€2k
Operating result	9901	€2k
Financial income	75	€135
Financial charges	65	€78
Result before taxes	9903	€2k
Net result for the period	9904	€2k
Result to be appropriated	9905	€2k

You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates 3 directors

Current directors & mandates

Mbaya Israel Patric
Director
State Gazette act 25074237 (13-06-2025)

Current
26-05-2025 → present

Former directors (2)

ABULQHASIM Osman
Director
State Gazette act 25042045 (31-03-2025)

Former
19-03-2025 → 26-05-2025
2 events
- 26-05-2025 Resigned· Director
- 19-03-2025 Appointed· Director
EL ROUMI JAD
Director
State Gazette act 25042045 (31-03-2025)

Former
- → 19-03-2025

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Legal Structure

NACE primary	Goederenvervoer over de weg(49410)
Legal form	Private limited company(610)
Incorporation	10-11-2020
Status	Active
Postal code	1740

Establishment units 1 location

FRAIDI CARS

Peterbospark 8, 1070 AnderlechtGoederenvervoer over de weg

since 20202.309.394.410

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (50%) Brussels 1 (50%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21302A0162/00N000	Brussels	223 m²	1 · 126 m²	32.4 m · 10 fl.
23086A0354/00K002	Flanders	82 m²	1 · 58 m²	10.3 m · 3 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 7 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

28-10-2025

NBB filing Annual accounts filed

fiscal year 2024 · micro

13-06-2025

State Gazette act Director changes

31-03-2025

State Gazette act Capital & shares

2024

23-08-2024

NBB filing Annual accounts filed

fiscal year 2023 · volledig

11-03-2024

State Gazette act Capital & shares

2023

27-06-2023

NBB filing Annual accounts filed

fiscal year 2022 · volledig

2022

15-09-2022

NBB filing Annual accounts filed

fiscal year 2021 · volledig

Belgisch Staatsblad, acts 3 acts

Capital history · 2

31-03-2025

Capital change

11-03-2024

Capital change

All acts · 3 updated 1 year ago

2025

13-06-2025 1 director appointed, 1 resigning Director changes

Mbaya Israel Patric, Bestuurder
ABULQHASIM Osman, Bestuurder

Original publication ↗

Technical details

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31-03-2025 All shares are now held by a single shareholder Capital & shares

Original publication ↗

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2024

11-03-2024 Transaction in capital or shares Capital & shares

Original publication ↗

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Credit advice verdict per customer and amount

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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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Company registry (CBE) Crossroads Bank

Activities

Goederenvervoer over de weg49410

Primary activity highlighted.

Names & trade names

Legal nameNL

FRAIDI CARS

Registered office

Assesteenweg 116 A

1740 Ternat, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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