Frederik Herregods Photography
ActiveSummary
Frederik Herregods Photography has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22k and a net result of €-7k. Equity is growing by ~12% per year across the filed fiscal years. Its solvency ranks better than 45% of 3480 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
46
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability2▼-77
Solvency70▲+2
Growth52=
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 1.68 against 1.57 in 2024; short-term debt: 54.5% and cash: 0% of total assets), but 54.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Sector 74
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
45.5%
Return on assets
-13.8%
Age of the figures
9 mo
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 04-06-2026, 57 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
57 d early
2024
28 d late
2023
210 d late
2022
576 d late
2021
2 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€22k▼ 23.2%
2024 · €29k
2021: €11k
2022: €23k
2023: €23k
2024: €29k
2021 → 2025
Total assets
€49k▼ 27.8%
2024 · €68k
2021: €27k
2022: €36k
2023: €52k
2024: €68k
2021 → 2025
Net result
€-7k
2024 · €6k
2021: €9k
2022: €12k
2023: €-49
2024: €6k
2021 → 2025
Working capital
€18k▼ 18.7%
2024 · €22k
2021: €11k
2022: €21k
2023: €21k
2024: €22k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€11k-€23k▲ 105%€23k▼ 0.2%€29k▲ 24.8%€22k▼ 23.2%
Operating result€12k-€15k▲ 24.9%€169▼ 98.9%€7k▲ 3,987%€-7k
Net result€9k-€12k▲ 26.7%€-49€6k€-7k
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 2025: a loss of €7k after €7k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €49k
Fixed assets
€4k ▼ 38.0%
Current assets
€45k ▼ 26.7%
Equity and liabilities €49k
Equity
€22k ▼ 23.2%
Debt
€27k ▼ 31.2%
Debt's share of the balance-sheet total falls from 57.2% to 54.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-4k▼
2024 · €8k
Cash flow
€-4k▼
2024 · €7k
Current ratio
1.68▲
2024 · 1.57
Debt to equity
1.20▼
2024 · 1.34
ROE
-30.2%▼
2024 · 19.9%
ROA
-13.8%▼
2024 · 8.5%
Interest coverage
-4.11▼
2024 · 11.70
Debt ≤ 1 year
€27k▼
2024 · €39k
Income taxes
€135▼
2024 · €2k
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 · 2025 against 2024 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€68k€49k▼
Fixed assets21/28€7k€4k▼
Tangible fixed assets22/27€7k€4k▼
Plant, machinery and equipment23€7k€4k▼
Current assets29/58€61k€45k▼
Amounts receivable within one year40/41€59k€45k▼
Trade receivables40€29k€17k▼
Other amounts receivable41€30k€28k▼
Cash at bank and in hand54/58€2k€3▼
Deferred charges and accrued income490/1€152€0▼
Equity and liabilities
Total equity and liabilities10/49€68k€49k▼
Equity10/15€29k€22k▼
Contributions10/11€2k€2k=
Reserves13€9k€9k=
Distributable reserves133€9k€9k=
Profit (loss) carried forward14€18k€11k▼
Amounts payable17/49€39k€27k▼
Amounts payable within one year42/48€39k€27k▼
Trade debts44€27k€18k▼
Suppliers440/4€27k€18k▼
Taxes, remuneration and social security45€12k€9k▼
Taxes450/3€12k€9k▼
Accrued charges and deferred income492/3€5€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€3k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€10k€-3k▼
Operating profit (loss)9901€7k€-7k▼
Financial income75/76B€2k€2k▼
Recurring financial income75€2k€2k▼
Financial charges65/66B€692€1k▲
Recurring financial charges65€692€1k▲
Profit (loss) for the period before taxes9903€8k€-7k▼
Income taxes67/77€2k€135▼
Profit (loss) for the period9904€6k€-7k▼
Profit (loss) for the period to be appropriated9905€6k€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€18k€11k▼
Profit (loss) brought forward from the previous period14P€12k€18k▲
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
Next filing, fiscal year 2026, expected by
2026
04-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-7k ▼217%
Net result drops to €-7k, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
26-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 210 days late
26-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 576 days late
2024
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
2022
31-12
Financial
Highest result since 2021net €12k ▲26.7%
Operating result €15k, net result €12k, both a record.
02-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Lubbeek · 1 establishment unit since 2021
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.
Bellestraat(BIN) 103211 LubbeekGround area
1,876 m²
Building footprint
154 m²
Volume, LiDAR
937 m³
Parcel 24012A0337/00E002, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Frederik Herregods Photography
since 20212.315.573.112
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24012A0337/00E002 | Flanders | 1,876 m² | 1 · 154 m² | 9.4 m · 2 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.
Similar companies · same sector, comparable size
ALKAR TECHNOLOGY
BE 0477.335.218
Binche · Eq €22,362
Bureau de mesurage et d'expertise Debont-Callens & associés
BE 0891.794.739
Ukkel · Eq €22,541
Expertisebureau Bosman en Co
BE 0423.188.630
Dendermonde · Eq €23,217
KNOPS
BE 0870.086.436
Visé · Eq €21,362
GALILEO PRINT
BE 0818.376.132
Meise · Eq €23,485
Of 1,102 companies in sector 74202 we hold annual accounts for 295. 164 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
Founded17-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
74202Other professional, scientific and technical activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.