FRENDS
InactiveFRENDS was declared bankrupt on 23-09-2025 (Ondernemingsrechtbank Antwerpen, afdeling Turnhout); the bankruptcy was closed for insufficient assets by judgment of 07-04-2026, published in the Belgian State Gazette on 10-04-2026.
Summary
Inactive; last annual accounts for fiscal year 2023.
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 03-10-2024, 64 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filingDeviation from the deadline
2023
64 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Financials · fiscal year 2023, micro schema
Equity
€566
Total assets
€47k
Net result
€-2k
Working capital
€-12k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €46k
Fixed assets
€30k
Current assets
€16k
Equity and liabilities €47k
Equity
€566
Debt
€47k
Debt finances 98.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€7k
Cash flow
€5k
Current ratio
0.56
ROA
-5.2%
Interest coverage
3.74
Debt ≤ 1 year
€28k
Debt > 1 year
€18k
Equity ratios withheld: equity of €566 is too small for a meaningful ratio.
Annual accounts
| Line | 2023 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8k |
| Other operating charges640/8 | €152 |
| Gross operating margin9900 | €7k |
| Operating profit (loss)9901 | €-623 |
| Financial income75/76B | €109 |
| Recurring financial income75 | €109 |
| Financial charges65/66B | €2k |
| Recurring financial charges65 | €2k |
| Profit (loss) for the period before taxes9903 | €-2k |
| Profit (loss) for the period9904 | €-2k |
| Profit (loss) for the period to be appropriated9905 | €-2k |
| Line | 2023 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €47k | |
| Formation expenses20 | €775 | |
| Fixed assets21/28 | €30k | |
| Intangible fixed assets21 | €949 | |
| Tangible fixed assets22/27 | €29k | |
| Furniture and vehicles24 | €29k | |
| Current assets29/58 | €16k | |
| Amounts receivable within one year40/41 | €16k | |
| Trade receivables40 | €10k | |
| Other amounts receivable41 | €6k | |
| Cash at bank and in hand54/58 | €13 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €47k | |
| Equity10/15 | €566 | |
| Contributions10/11 | €3k | |
| Profit (loss) carried forward14 | €-2k | |
| Amounts payable17/49 | €47k | |
| Amounts payable after more than one year17 | €18k | |
| Financial debts170/4 | €18k | |
| Amounts payable within one year42/48 | €28k | |
| Current portion of amounts payable after more than one year42 | €11k | |
| Trade debts44 | €8k | |
| Suppliers440/4 | €8k | |
| Taxes, remuneration and social security45 | €9k | |
| Taxes450/3 | €9k | |
| Line | 2023 |
|---|---|
| Profit (loss) for the period9904 | €-2k |
| + Depreciation and write-downs630 | €8k |
| Operating cash flow (approximation) | €5k |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
2026
10-04
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 07-04-2026
2025
29-09
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 23-09-2025
2024
03-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 64 days late
SignalNBB 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
1 act for this company is 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
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | GERT VERREYT BEGIJNENSTRAAT 17, 2300 TURN-
HOUT |
23-09-2025 → 07-04-2026 |
| Curator | THOMAS VAN BOURGOGNIE BEGIJ-
NENSTRAAT 17, 2300 TURNHOUT |
23-09-2025 → 07-04-2026 |