Equity
€33,806 ▲ 15.5%
FRATERNITE A.M. has made a profit without a break since 2019.
FRATERNITE A.M.
Lifetime
8 annual accounts with figures on one time axispeak €15,957 (2021)
€6,993▲ 136%
lowest -€12,945 (2017)
€4,530▲ 373%
peak €33,806 (2025)
€33,806▲ 15.5%
€8,329▼ 75.8%
Board5 names since 2016
2 directorsEL GHAOUTI Fouad and 1 other
Documentsfilings and deeds
31-07-2026on the last day
2025micro format
Gross margin from €2,962 to €6,993Result from €957 to €4,530Amendment of the articles · Legal-form change · Resignations… 22-05Equity from €29,276 to €33,806Debts from €34,394 to €8,329Cash from €6,238 to €2,384
Key points
from the 2025 annual accountsChecked score
56
Fair
Financially stronger than 63% of micro companies in food and beverage service (NACE 56)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,788 companies (NACE 56, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.5%
01-2025: 2.5%● unchanged vs 12-2024
02-2025: 2.5%● unchanged vs 01-2025
03-2025: 2.5%● unchanged vs 02-2025
04-2025: 2.5%● unchanged vs 03-2025
05-2025: 2.5%● unchanged vs 04-2025
06-2025: 2.4%▼ -0.1 percentage points vs 05-2025
07-2025: 2.4%● unchanged vs 06-2025
08-2025: 2.7%▲ +0.3 percentage points vs 07-2025
09-2025: 2.9%▲ +0.2 percentage points vs 08-2025
10-2025: 4.0%▲ +1.1 percentage points vs 09-2025
11-2025: 4.1%▲ +0.1 percentage points vs 10-2025
12-2025: 5.0%▲ +0.9 percentage points vs 11-2025
01-2026: 7.5%▲ +2.5 percentage points vs 12-2025
02-2026: 7.5%● unchanged vs 01-2026
03-2026: 7.6%▲ +0.1 percentage points vs 02-2026highest value
04-2026: 6.9%▼ -0.7 percentage points vs 03-2026
05-2026: 5.2%▼ -1.7 percentage points vs 04-2026
06-2026: 4.9%▼ -0.3 percentage points vs 05-2026
07-2026: 4.2%▼ -0.7 percentage points vs 06-2026
08-2026: 1.7%▼ -2.5 percentage points vs 07-2026lowest value
09-2026: 1.7%● unchanged vs 08-2026lowest value
10-2026: 1.8%▲ +0.1 percentage points vs 09-2026
11-2026: 1.8%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Size: total assets €42,136
Sector: Food and beverage service activities (NACE 56)
2 of the last 3 accounts late
lowers risk
Equity €33,806 (80.2% of total assets)
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, micro). It does better than 94% of them on solvency, 53% on liquidity, 44% on profitability and 62% 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 31-12-2025.
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, 34,693 companies had the same profile as FRATERNITE A.M. has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
The bankruptcy probability of FRATERNITE A.M. itself is higher: 1.8% within 12 months. It rests on far more data about FRATERNITE A.M. 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 34,693 companies, not a prediction for FRATERNITE A.M.. 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 €1,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.06 (1.85 in 2024), above the usual 1.5. Short-term debt is 19.8% and cash 5.7% of total assets. 19.8% 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.
lowers riskraises riskneutral
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 31-07-2026, 0 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
on the day
2024
259 days late
2023
75 days late
2022
126 days late
2021
46 days early
2019
116 days late
2018
92 days late
← 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 89 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 next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 15 October (4 of the last 5 accounts filed within 122 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- EL GHAOUTI Fouad 50 sharesdeed of 22-05-2025
- EL GHAOUTI Nadir 50 sharesdeed of 22-05-2025
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0647512612
Amendment of the articles · Legal-form change · Resignations & appointments
Appointments: EL GHAOUTI Fouad (manager) and EL GHAOUTI Nadir (manager) · Resignations: EL GHAOUTI Fouad (manager) and EL GHAOUTI Nadir (manager) · Reappointments: EL GHAOUTI Fouad (director) and EL GHAOUTI Nadir (director) · General meeting of 09-05-2025 · Gazette deed
Resignation: JABIR Bouchra (director)
Director discharge: JABIR Bouchra · General meeting of 31-12-2020 · Gazette deed
Appointment: EL GHAOUT Nadir (manager)
EL GHAOUTI Fouad holds 100 shares · General meeting of 26-11-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FRATERNITE A.M. Uccle | €42,136 | €6,993 | 80.2% | - |
| POZI Sint-Gillis (bij-Brussel) | €43,275 | €7,410 | 89.2% | - |
| B34 Ixelles | €42,170 | €6,680 | 26.7% | - |
| H.J. & PARTNERS SCRI Ixelles | €49,086 | €6,350 | -180.2% | - |
| DANIEL SK Braine-l'Alleud | €48,901 | €7,085 | -7.5% | - |
| SMAECK Antwerp | €35,079 | €7,361 | 35.4% | - |
| DELICE DU LIBAN Uccle | €36,218 | €8,759 | 58.9% | - |
These companies have the same main activity as FRATERNITE A.M.: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €35,100 and €49,100, founded between 2015 and 2018.
Official details
Source: KBO- Status
- Active since 26-01-2016Normal situation
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112and 2 others
- Establishment unit
- 2.291.814.9411180 Uccle, since 01-07-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 08-12-2025
Annual accounts 2025
- ≈ €78,000estimated
- €42,136▼ 33.8%
- ≈ 0 FTEestimated
- Filing
- Filed on 31-07-2026, on the last day of the filing period
Insights on FRATERNITE A.M.
FRATERNITE A.M. files the micro format. That format states no turnover. The gross margin rose from -€2,262 in 2017 to €6,993 in 2025.
In May 2025, the Official Gazette published the appointment of EL GHAOUTI Fouad as managing director.
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 FRATERNITE A.M.
- What is the company number of FRATERNITE A.M.?
- The company number of FRATERNITE A.M. is 0647.512.612. The VAT number is the same number with BE in front: BE 0647.512.612.
- Where is FRATERNITE A.M. based?
- The registered office is at Vanderkinderestraat 113B, 1180 Uccle.Company details
- What does FRATERNITE A.M. do?
- According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
- What is the legal form of FRATERNITE A.M.?
- FRATERNITE A.M. is a private limited company (BV).
- When was FRATERNITE A.M. founded?
- FRATERNITE A.M. was founded on 26-01-2016.
- Is FRATERNITE A.M. still active?
- Yes, FRATERNITE A.M. is an active enterprise in the KBO register.
- What is the turnover of FRATERNITE A.M.?
- The turnover in financial year 2025 is ≈ €78,000. This figure is estimated from the gross margin of €6,993 and 133 comparable companies (NACE 56112). It probably lies between €49,000 and €130,000. It is a rough estimate. In financial year 2021 turnover was €117,795.Financials
- Is FRATERNITE A.M. profitable?
- In financial year 2025, FRATERNITE A.M. made a profit of €4,530.
- Where can I find the annual accounts of FRATERNITE A.M.?
- FRATERNITE A.M. filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FRATERNITE A.M. due?
- FRATERNITE A.M. must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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