Frespar
ActiveThe computed 12-month bankruptcy probability of Frespar is 1.9% (moderate). The 2025 annual accounts show equity of €17k and a net result of €1k. Equity is growing by ~3.8% per year across the filed fiscal years. Its solvency ranks better than 35% of 18237 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability62▲+14
Solvency42▼-15
Growth52=
Track record82
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.06 against 1.31 in 2024; short-term debt: 58.2% and cash: 54.2% of total assets), and 83.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
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 →
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
16.6%
Return on assets
1%
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 13-05-2026, 79 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
79 d early
2024
163 d early
2023
57 d early
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€17k▲ 6.7%
2024 · €16k
2023: €16k
2024: €16k
2023 → 2025
Total assets
€102k▲ 105%
2024 · €50k
2023: €29k
2024: €50k
2023 → 2025
Net result
€1k▲ 593%
2024 · €152
2023: €8k
2024: €152
2023 → 2025
Working capital
€3k▼ 69.1%
2024 · €11k
2023: €12k
2024: €11k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€16k-€16k▲ 1.0%€17k▲ 6.7%
Operating result€12k-€1k▼ 88.8%€3k▲ 157%
Net result€8k-€152▼ 98.0%€1k▲ 593%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 157% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €102k
Fixed assets
€39k▲ 648%
Current assets
€63k▲ 40.7%
Equity and liabilities €102k
Equity
€17k▲ 6.7%
Debt
€85k▲ 151%
The debt ratio rises from 68.1% to 83.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€9k▲
2024 · €3k
Cash flow
€6k▲
2024 · €2k
Solvency
16.6%▼
2024 · 31.9%
Current ratio
1.06▼
2024 · 1.31
Quick ratio
1.06▼
2024 · 1.31
Debt / equity
5.02▲
2024 · 2.13
ROE
6.3%▲
2024 · 1.0%
ROA
1.0%▲
2024 · 0.3%
Interest coverage
5.07▲
2024 · 3.52
Debt
€85k▲
2024 · €34k
Debt ≤ 1 year
€59k▲
2024 · €34k
Debt > 1 year
€26k
Income taxes
€732▲
2024 · €382
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€50k€102k▲
Fixed assets21/28€5k€39k▲
Tangible fixed assets22/27€5k€39k▲
Plant, machinery and equipment23€5k€4k▼
Furniture and vehicles24-€1k
Other tangible fixed assets26-€34k
Current assets29/58€44k€63k▲
Amounts receivable within one year40/41€11k€7k▼
Trade receivables40€8k€3k▼
Other amounts receivable41€4k€4k▲
Cash at bank and in hand54/58€33k€55k▲
Deferred charges and accrued income490/1€596€312▼
Equity and liabilities
Total equity and liabilities10/49€50k€102k▲
Equity10/15€16k€17k▲
Contributions10/11€8k€8k=
Profit (loss) carried forward14€8k€9k▲
Amounts payable17/49€34k€85k▲
Amounts payable after more than one year17-€26k
Financial debts170/4-€26k
Amounts payable within one year42/48€34k€59k▲
Current portion of amounts payable after more than one year42-€7k
Financial debts43-€440
Credit institutions430/8-€440
Trade debts44€33k€49k▲
Suppliers440/4€33k€49k▲
Taxes, remuneration and social security45€382-
Taxes450/3€382-
Other amounts payable47/48€109€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€5k▲
Other operating charges640/8-€1k
Gross operating margin9900€3k€10k▲
Operating profit (loss)9901€1k€3k▲
Financial charges65/66B€819€2k▲
Recurring financial charges65€819€2k▲
Profit (loss) for the period before taxes9903€535€2k▲
Income taxes67/77€382€732▲
Profit (loss) for the period9904€152€1k▲
Profit (loss) for the period to be appropriated9905€152€1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€8k€9k▲
Profit (loss) brought forward from the previous period14P€8k€8k▲
The notes to these accounts (6 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
13-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
18-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €152 ▼98%
Net result drops to €152, the lowest in the series; recovery starts the following year.
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · 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, Haaltert · 1 establishment unit since 2023
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.
Gotegemstraat(HA) 279450 HaaltertGround area
774 m²
Building footprint
191 m²
Parcel 41024C1449/00A000, Flanders. Linked by address, not a title deed.
1 establishment unit
Frespar
since 20232.350.883.585
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41024C1449/00A000 | Flanders | 774 m² | 1 · 191 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.
Similar companies · same sector, comparable size
MYOSOTIS
BE 0457.022.329
Edegem · Eq €17k
BOVANRO
BE 0417.519.375
Duffel · Eq €17k
LA BELLE JARDINIERE
BE 0428.351.604
Seraing · Eq €17k
DEN BLOEME WINKEL
BE 0862.385.428
Merksplas · Eq €17k
VISEFLOR
BE 0453.368.694
Visé · Eq €17k
Of 3,387 companies in sector 47761 we hold annual accounts for 1,156. 585 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-10-2023
Fiscal year end31-12
Activities, NACEBEL
47761Retail sale of flowers, plants, seeds and fertilisers
46220Wholesale trade
46499Wholesale of other household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.