FREQUENSEA
ActiveThe computed 12-month bankruptcy probability of FREQUENSEA is 1.8% (moderate). The 2025 annual accounts show equity of €4k and a net result of €3k. Equity is growing by ~83.1% per year across the filed fiscal years. Its solvency ranks better than 29% of 18173 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▼-10
Solvency34▲+6
Growth78=
Track record94
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 31-03-2026, 30 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
30 d early
2024
30 d early
2023
43 d early
2022
30 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€4k▲ 243%
2024 · €1k
2022: €-2k
2023: €-4k
2024: €1k
2022 → 2025
Total assets
€44k▲ 3.2%
2024 · €43k
2022: €17k
2023: €39k
2024: €43k
2022 → 2025
Net result
€3k▼ 53.2%
2024 · €6k
2022: €-4k
2023: €-2k
2024: €6k
2022 → 2025
Working capital
€-10k▲ 35.2%
2024 · €-15k
2022: €4k
2023: €-25k
2024: €-15k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€-2k-€-4k▼ 136%€1k€4k▲ 243%
Operating result€-4k-€-2k▲ 44.9%€7k€4k▼ 37.9%
Net result€-4k-€-2k▲ 37.2%€6k€3k▼ 53.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 38% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €44k
Fixed assets
€14k▼ 15.0%
Current assets
€31k▲ 14.2%
Equity and liabilities €44k
Equity
€4k▲ 243%
Debt
€40k▼ 3.6%
The debt ratio falls from 97.2% to 90.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€9k▼
2024 · €12k
Cash flow
€8k▼
2024 · €11k
Solvency
9.1%▲
2024 · 2.8%
Current ratio
0.76▲
2024 · 0.64
Quick ratio
0.76▲
2024 · 0.64
Debt / equity
9.94▼
2024 · 35.30
ROE
70.8%▼
2024 · 518.3%
ROA
6.5%▼
2024 · 14.3%
Interest coverage
25.48▼
2024 · 67.27
Debt
€40k▼
2024 · €42k
Debt ≤ 1 year
€40k▼
2024 · €42k
Income taxes
€1k▲
2024 · €617
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€43k€44k▲
Fixed assets21/28€16k€14k▼
Tangible fixed assets22/27€16k€13k▼
Plant, machinery and equipment23€15k€13k▼
Furniture and vehicles24€836€622▼
Financial fixed assets28-€700
Current assets29/58€27k€31k▲
Amounts receivable within one year40/41€7k€9k▲
Trade receivables40€6k€8k▲
Other amounts receivable41€2k€366▼
Cash at bank and in hand54/58€19k€21k▲
Deferred charges and accrued income490/1€605€619▲
Equity and liabilities
Total equity and liabilities10/49€43k€44k▲
Equity10/15€1k€4k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€-816€2k▲
Amounts payable17/49€42k€40k▼
Amounts payable within one year42/48€42k€40k▼
Trade debts44€759€2k▲
Suppliers440/4€759€2k▲
Taxes, remuneration and social security45€3k€5k▲
Taxes450/3€3k€5k▲
Other amounts payable47/48€38k€33k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k=
Other operating charges640/8€357€699▲
Gross operating margin9900€12k€10k▼
Operating profit (loss)9901€7k€4k▼
Financial income75/76B€75€97▲
Recurring financial income75€75€97▲
Financial charges65/66B€177€365▲
Recurring financial charges65€177€365▲
Profit (loss) for the period before taxes9903€7k€4k▼
Income taxes67/77€617€1k▲
Profit (loss) for the period9904€6k€3k▼
Profit (loss) for the period to be appropriated9905€6k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€84€2k▲
Profit (loss) brought forward from the previous period14P€-6k€-816▲
Profit to be distributed694/7€900-
Return on contributions (dividend)694€900-
The notes to these accounts (7 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
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
18-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
Registered office, Oostende · 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.
Vanderstichelenstraat 1028400 OostendeGround area
175 m²
Building footprint
62 m²
Parcel 35020B0113/00K004, Flanders. Linked by address, not a title deed.
1 establishment unit
FREQUENSEA - Keymusic
since 20212.315.519.761
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35020B0113/00K004 | Flanders | 175 m² | 1 · 62 m² | - |
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.
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GRATEFUL
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Of 1,288 companies in sector 47690 we hold annual accounts for 424. 144 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-03-2021
Fiscal year end30-09
Activities, NACEBEL
47594Retail trade
47690Retail sale of other cultural and recreation goods
90021Arts creation and performing arts activities
90022Arts creation and performing arts activities
90393Specialised image, lighting and sound technical services
90391Promotion and organisation of arts and performing arts events
90392Design and construction of stages and sets
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.