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FRESH FISH

Active
Private limited companyfounded 20224 yrs activeNieuwpoortsesteenweg 10, 8400 Oostende, BelgiumKBO/BCE: BE 0783.920.544
Summary

The computed 12-month bankruptcy probability of FRESH FISH is 3.6% (moderate). The 2025 annual accounts show equity of €13,001 and a net result of €14,300. Equity is growing by ~141.7% per year across the filed fiscal years. Its solvency ranks better than 74% of 13874 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability86▲+7
Solvency83▲+63
Growth85=
Track record94
Bankruptcy probability, 12 months
3.6% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.26 against 0.34 in 2024; short-term debt: 42.4% and cash: 53.4% of total assets), and 42.4% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
57.6%
Return on assets
63.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-09-2026, 49 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 · 3 filings
Deviation from the deadline
2025
49 d late
2024
63 d late
2023
127 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 80 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

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. Usually files around 2 October (3 of the last 3 filed years within 65 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 28 March 2022, FRESH FISH was incorporated as a Private limited company.1 Revenue went from EUR 80,336 in 2023 to EUR 225,766 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, micro schema

Turnover
€225,766▲ 23.4%
2024 · €182,922
EBIT margin
6.4%▲ 3.2pp
2024 · 3.2%
Net result
€14,300▲ 147%
2024 · €5,791
Working capital
€2,489
2024 · -€18,556
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Turnover€80,336-€182,922▲ 128%€225,766▲ 23.4%
Operating result-€11,962-€5,851€14,405▲ 146%
Net result-€12,090below the sector's middle half-€5,791within the sector's middle half€14,300within the sector's middle half▲ 147%
EBIT margin-14.9%-3.2%▲ 18.1pp6.4%▲ 3.2pp
Equity-€7,090below the sector's middle half--€1,299within the sector's middle half▲ 81.7%€13,001within the sector's middle half
Total assets€41,051below the sector's middle half-€26,827below the sector's middle half▼ 34.6%€22,553below the sector's middle half▼ 15.9%
Debt€48,141-€28,126▼ 41.6%€9,552▼ 66.0%
Working capital-€30,038within the sector's middle half--€18,556within the sector's middle half▲ 38.2%€2,489within the sector's middle half
Solvency-17.3%below the sector's middle half--4.8%within the sector's middle half▲ 12.4pp57.6%within the sector's middle half▲ 62.5pp
Current ratio0.38below the sector's middle half-0.34below the sector's middle half▼ 0.041.26within the sector's middle half▲ 0.92
Return on assets (ROA)-29.5%below the sector's middle half-21.6%above the sector's middle half▲ 51.0pp63.4%above the sector's middle half▲ 41.8pp
above within below the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000-€10,000€0€10,000Operating result 2023: -€11,962-€11,962Net result 2023: -€12,090-€12,090Operating result 2024: €5,851€5,851Net result 2024: €5,791€5,791Operating result 2025: €14,405€14,405Net result 2025: €14,300€14,300202320242025-€20,000-€10,000€0€10,000Operating result 2023: -€11,962-€12,000Net result 2023: -€12,090-€12,100Operating result 2024: €5,851€5,850Net result 2024: €5,791€5,790Operating result 2025: €14,405€14,400Net result 2025: €14,300€14,300202320242025
The operating result has risen two years in a row; 2025 is 146% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €21,499
Fixed assets €9,458 ▼ 37.6%
Current assets €12,041 ▲ 25.8%
Equity and liabilities €22,553
Equity €13,001
Debt €9,552
Debt finances 42.4% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
EBITDA
€21,149▲
2024 · €11,541
Cash flow
€21,045▲
2024 · €11,482
Debt to equity
0.73
ROE
110.0%
Interest coverage
202.58▲
2024 · 194.03
Debt ≤ 1 year
€9,552▼
2024 · €28,126
Staff costs
€33,672▲
2024 · €20,829
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 3.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines
Balance sheet Code20242025
Assets
Total assets20/58€26,827€22,553▼
Formation expenses20€2,109€1,055▼
Fixed assets21/28€15,148€9,458▼
Tangible fixed assets22/27€15,148€9,458▼
Land and buildings22€11,302€7,535▼
Plant, machinery and equipment23€3,846€1,923▼
Current assets29/58€9,570€12,041▲
Stocks and contracts in progress3€4,265-
Stocks30/36€4,265-
Cash at bank and in hand54/58€5,305€12,041▲
Equity and liabilities
Total equity and liabilities10/49€26,827€22,553▼
Equity10/15-€1,299€13,001▲
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14-€6,299€8,001▲
Amounts payable17/49€28,126€9,552▼
Amounts payable within one year42/48€28,126€9,552▼
Trade debts44€15,394€2,951▼
Suppliers440/4€15,394€2,951▼
Taxes, remuneration and social security45€12,732€6,601▼
Taxes450/3€4,347€2,676▼
Remuneration and social security454/9€8,385€3,925▼
Income statement Code20242025
Turnover70€182,922€225,766▲
Goods, raw materials, services and sundry goods60/61€150,036€170,741▲
Remuneration, social security and pensions62€20,829€33,672▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,690€6,745▲
Other operating charges640/8€516€204▼
Gross operating margin9900€32,886€55,025▲
Operating profit (loss)9901€5,851€14,405▲
Financial charges65/66B€59€104▲
Recurring financial charges65€59€104▲
Profit (loss) for the period before taxes9903€5,791€14,300▲
Profit (loss) for the period9904€5,791€14,300▲
Profit (loss) for the period to be appropriated9905€5,791€14,300▲
Appropriation of the result
Profit (loss) to be appropriated9906-€6,299€8,001▲
Profit (loss) brought forward from the previous period14P-€12,090-€6,299▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Turnover70€80,336€182,922€225,766▲ 23.4%
Goods, raw materials, services and sundry goods60/61€78,989€150,036€170,741▲ 13.8%
Remuneration, social security and pensions62€13,138€20,829€33,672▲ 61.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€5,690€6,745▲ 18.5%
Other operating charges640/8€171€516€204▼ 60.5%
Gross operating margin9900€1,347€32,886€55,025▲ 67.3%
Operating profit (loss)9901-€11,962€5,851€14,405▲ 146%
Financial charges65/66B€128€59€104▲ 75.5%
Recurring financial charges65€128€59€104▲ 75.5%
Profit (loss) for the period before taxes9903-€12,090€5,791€14,300▲ 147%
Profit (loss) for the period9904-€12,090€5,791€14,300▲ 147%
Profit (loss) for the period to be appropriated9905-€12,090€5,791€14,300▲ 147%
Line202320242025Change
Assets
Total assets20/58€41,051€26,827€22,553▼ 15.9%
Formation expenses20€2,109€2,109€1,055▼ 50.0%
Fixed assets21/28€20,839€15,148€9,458▼ 37.6%
Tangible fixed assets22/27€20,839€15,148€9,458▼ 37.6%
Land and buildings22€15,070€11,302€7,535▼ 33.3%
Plant, machinery and equipment23€5,769€3,846€1,923▼ 50.0%
Current assets29/58€18,104€9,570€12,041▲ 25.8%
Stocks and contracts in progress3€15,630€4,265--
Stocks30/36€15,630€4,265--
Amounts receivable within one year40/41€542---
Other amounts receivable41€542---
Cash at bank and in hand54/58€1,931€5,305€12,041▲ 127%
Equity and liabilities
Total equity and liabilities10/49€41,051€26,827€22,553▼ 15.9%
Equity10/15-€7,090-€1,299€13,001▲ 1,101%
Contributions10/11€5,000€5,000€5,000=
Profit (loss) carried forward14-€12,090-€6,299€8,001▲ 227%
Amounts payable17/49€48,141€28,126€9,552▼ 66.0%
Amounts payable within one year42/48€48,141€28,126€9,552▼ 66.0%
Trade debts44€38,107€15,394€2,951▼ 80.8%
Suppliers440/4€38,107€15,394€2,951▼ 80.8%
Taxes, remuneration and social security45€10,034€12,732€6,601▼ 48.1%
Taxes450/3-€4,347€2,676▼ 38.4%
Remuneration and social security454/9€10,034€8,385€3,925▼ 53.2%
Line202320242025Change
Profit (loss) for the period9904-€12,090€5,791€14,300▲ 147%
+ Depreciation and write-downs630-€5,690€6,745▲ 18.5%
Operating cash flow (approximation)-€12,090€11,482€21,045▲ 83.3%
Investment in fixed assets (approximation)-€0-€1,055-
Change in cash-€3,374€6,736▲ 99.7%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
18-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 49 days late
2025
31-12
Financial Highest result since 2023net €14,300 ▲147%
Operating result €14,405, net result €14,300, both a record.
31-12
Financial Liquidity quadruplescurrent ratio 1.26
Current ratio from 0.34 to 1.26; short-term debt falls from €28,126 to €9,552.
02-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 63 days late
2024
31-12
Financial Back to profitnet €5,791
Net result €5,791 after one loss-making year.
05-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 127 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Oostende · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
140 m²
Building footprint
140 m²
Volume, LiDAR
1,824 m³
Parcel 35386D0035/00H004, Flanders · tallest building 16.8 m, ±5 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
FRESH FISH
Nieuwpoortsesteenweg 10, 8400 OostendeFood and beverage service activities
since 20222.329.506.369
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35386D0035/00H004
ProtectedMonumentEclectisch hoekpand ChâteletSource ↗
Flanders 140 m² 1 · 140 m² 16.8 m · 5 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Oostende2.329.506.369
1 permission
Toelating · Eetgelegenheid · since 28-02-2023

Similar companies · same sector, comparable size

Of 20,500 companies in this sector we hold annual accounts for 11,468. 7,818 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded28-03-2022
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0783920544
Registered 23-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.