FREJA FOOD
ActiveSummary
FREJA FOOD has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €484k and a net result of €50k. Equity is growing by ~11% per year across the filed fiscal years. Its solvency ranks better than 95% of 8001 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 20.66 against 4.56 in 2024; short-term debt: 4.7% and cash: 11.5% of total assets), and 4.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
95.3%
Return on assets
9.8%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 18-05-2026, 74 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
74 d early
2024
31 d early
2023
33 d early
2022
32 d early
2021
32 d early
2020
36 d early
2019
38 d early
← 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, abbreviated schema
Equity
€484k▼ 7.5%
2024 · €523k
2018: €254k
2019: €343k
2020: €419k
2021: €473k
2022: €525k
2023: €588k
2024: €523k
2018 → 2025
Total assets
€507k▼ 24.1%
2024 · €668k
2018: €295k
2019: €366k
2020: €460k
2021: €502k
2022: €552k
2023: €623k
2024: €668k
2018 → 2025
Net result
€50k▼ 22.7%
2024 · €64k
2018: €41k
2019: €89k
2020: €76k
2021: €54k
2022: €52k
2023: €63k
2024: €64k
2018 → 2025
Working capital
€465k▼ 10.2%
2024 · €518k
2018: €249k
2019: €336k
2020: €413k
2021: €467k
2022: €520k
2023: €583k
2024: €518k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€473k-€525k▲ 11.1%€588k▲ 12.0%€523k▼ 11.1%€484k▼ 7.5%
Operating result€74k-€71k▼ 3.9%€77k▲ 8.7%€74k▼ 4.5%€53k▼ 27.8%
Net result€54k-€52k▼ 2.5%€63k▲ 20.3%€64k▲ 2.1%€50k▼ 22.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 28% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €507k
Fixed assets
€19k ▲ 280%
Current assets
€489k ▼ 26.3%
Equity and liabilities €507k
Equity
€484k ▼ 7.5%
Debt
€24k ▼ 83.8%
Debt's share of the balance-sheet total falls from 21.8% to 4.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€58k▼
2024 · €74k
Cash flow
€55k▼
2024 · €64k
Current ratio
20.66▲
2024 · 4.56
Quick ratio
20.62▲
2024 · 4.55
Debt to equity
0.05▼
2024 · 0.28
ROE
10.3%▼
2024 · 12.3%
ROA
9.8%▲
2024 · 9.6%
Interest coverage
292.67▼
2024 · 562.14
Debt ≤ 1 year
€24k▼
2024 · €146k
Income taxes
€18k▼
2024 · €24k
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 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€668k€507k▼
Fixed assets21/28€5k€19k▲
Tangible fixed assets22/27-€14k
Furniture and vehicles24-€14k
Financial fixed assets28€5k€5k=
Current assets29/58€663k€489k▼
Stocks and contracts in progress3€635€1k▲
Stocks30/36€635€1k▲
Amounts receivable within one year40/41€43k€50k▲
Trade receivables40€38k€41k▲
Other amounts receivable41€6k€9k▲
Current investments50/53€379k€379k=
Cash at bank and in hand54/58€241k€58k▼
Equity and liabilities
Total equity and liabilities10/49€668k€507k▼
Equity10/15€523k€484k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€461k€422k▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€454k€415k▼
Profit (loss) carried forward14€31€31=
Amounts payable17/49€146k€24k▼
Amounts payable within one year42/48€146k€24k▼
Trade debts44€11k€13k▲
Suppliers440/4€11k€13k▲
Taxes, remuneration and social security45€6k€5k▼
Taxes450/3€6k€5k▼
Other amounts payable47/48€129k€5k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0€5k▲
Other operating charges640/8€617€1k▲
Gross operating margin9900€74k€60k▼
Operating profit (loss)9901€74k€53k▼
Financial income75/76B€15k€15k▼
Recurring financial income75€15k€15k▼
Financial charges65/66B€131€199▲
Recurring financial charges65€131€199▲
Profit (loss) for the period before taxes9903€89k€68k▼
Income taxes67/77€24k€18k▼
Profit (loss) for the period9904€64k€50k▼
Profit (loss) for the period to be appropriated9905€64k€50k▼
Appropriation of the result
Profit (loss) to be appropriated9906€64k€50k▼
Profit (loss) brought forward from the previous period14P€31€31=
Transfer from equity791/2€130k€89k▼
Transfer to equity691/2€64k€50k▼
To other reserves6921€64k€50k▼
Profit to be distributed694/7€130k€89k▼
Return on contributions (dividend)694€130k€89k▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (10 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
18-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Liquidity times 5current ratio 20.66
Current ratio from 4.56 to 20.66; short-term debt falls from €146k to €24k.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €500kEq €525k ▲11.1%
5 profitable years in a row build equity to €525k.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €89k ▲119%
Operating result €126k, net result €89k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 15.46
Current ratio from 7.16 to 15.46; short-term debt falls from €40k to €23k.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Leuven · 1 establishment unit since 2001
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.
Interleuvenlaan 623001 LeuvenGround area
9,445 m²
Building footprint
412 m²
Volume, LiDAR
2,601 m³
Parcel 24514C0086/00N000, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Interleuvenlaan 62, 3001 Leuven
since 20012.097.721.802
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24514C0086/00N000 | Flanders | 9,445 m² | 1 · 412 m² | 7.3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLeuven2.097.721.802
Similar companies · same sector, comparable size
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BE 0434.169.723
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HELLO DRINK
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JaDe Investments
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Vulpia Food Services
BE 0883.467.882
Brasschaat · Eq €492,489
Of 1,641 companies in sector 46170 we hold annual accounts for 671. 369 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 formPublic limited company
Founded05-12-2000
Fiscal year end31-12
Activities, NACEBEL 2025
46170Agents in the wholesale of food, beverages and tobacco
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.