FRESTE
ActiveFRESTE has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €24k and a net result of €-3k. Equity is shrinking by ~23.6% per year across the filed fiscal years. Its solvency ranks better than 32% of 11185 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency12▼-1
Growth32=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.3 against 0.3 in 2024), and 82.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
17.9%
Return on assets
-2.4%
Age of the figures
8 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€3k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 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 · 10 filingsDeviation from the deadline
2025
13 d late
2024
8 d late
2023
20 d late
2022
24 d late
2021
17 d late
2020
18 d late
2019
34 d late
← 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€24k▼ 12.0%
2024 · €27k
2018: €100k
2019: €120k
2020: €105k
2021: €72k
2022: €47k
2023: €32k
2024: €27k
2018 → 2025
Total assets
€135k▼ 6.5%
2024 · €144k
2018: €259k
2019: €303k
2020: €256k
2021: €208k
2022: €182k
2023: €156k
2024: €144k
2018 → 2025
Net result
€-3k▲ 35.1%
2024 · €-5k
2018: €6k
2019: €20k
2020: €-15k
2021: €-32k
2022: €-25k
2023: €-15k
2024: €-5k
2018 → 2025
Working capital
€-78k▲ 4.6%
2024 · €-82k
2018: €-56k
2019: €-20k
2020: €-45k
2021: €-64k
2022: €-79k
2023: €-85k
2024: €-82k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€72k-€47k▼ 34.9%€32k▼ 31.3%€27k▼ 15.6%€24k▼ 12.0%
Operating result€-32k-€-25k▲ 21.1%€-14k▲ 44.0%€-4k▲ 68.7%€-3k▲ 40.6%
Net result€-32k-€-25k▲ 21.1%€-15k▲ 41.6%€-5k▲ 65.8%€-3k▲ 35.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2025 against €4k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €135k
Fixed assets
€102k▼ 6.5%
Current assets
€33k▼ 6.6%
Equity and liabilities €135k
Equity
€24k▼ 12.0%
Debt
€111k▼ 5.2%
The debt ratio rises from 81.0% to 82.1%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€4k▲
2024 · €4k
Cash flow
€4k▲
2024 · €3k
Solvency
17.9%▼
2024 · 19.0%
Current ratio
0.30▼
2024 · 0.30
Quick ratio
0.30▼
2024 · 0.30
Debt / equity
4.59▲
2024 · 4.27
ROE
-13.6%▲
2024 · -18.5%
ROA
-2.4%▲
2024 · -3.5%
Interest coverage
26.17▲
2024 · 25.11
Debt
€111k▼
2024 · €117k
Debt ≤ 1 year
€111k▼
2024 · €117k
Income taxes
€500▼
2024 · €547
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€144k€135k▼
Fixed assets21/28€109k€102k▼
Tangible fixed assets22/27€109k€102k▼
Land and buildings22€109k€102k▼
Plant, machinery and equipment23€65€0▼
Furniture and vehicles24-€0
Current assets29/58€35k€33k▼
Amounts receivable within one year40/41€1k€732▼
Trade receivables40€732€732=
Other amounts receivable41€292-
Cash at bank and in hand54/58€34k€32k▼
Equity and liabilities
Total equity and liabilities10/49€144k€135k▼
Equity10/15€27k€24k▼
Contributions10/11€19k€19k=
Reserves13€32k€32k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€208€208=
Distributable reserves133€30k€30k=
Profit (loss) carried forward14€-23k€-26k▼
Amounts payable17/49€117k€111k▼
Amounts payable within one year42/48€117k€111k▼
Trade debts44€318€17▼
Suppliers440/4€318€17▼
Taxes, remuneration and social security45€1k€871▼
Taxes450/3€1k€871▼
Other amounts payable47/48€115k€110k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€7k▼
Other operating charges640/8€3k€3k▼
Gross operating margin9900€7k€7k▲
Operating profit (loss)9901€-4k€-3k▲
Financial income75/76B€54€7▼
Recurring financial income75€54€7▼
Financial charges65/66B€153€170▲
Recurring financial charges65€153€170▲
Profit (loss) for the period before taxes9903€-5k€-3k▲
Income taxes67/77€547€500▼
Profit (loss) for the period9904€-5k€-3k▲
Profit (loss) for the period to be appropriated9905€-5k€-3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-23k€-26k▼
Profit (loss) brought forward from the previous period14P€-18k€-23k▼
The notes to these accounts (4 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
13-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 13 days late
2025
08-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 8 days late
2024
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 17 days late
2021
31-12
Financial
Weakest financial yearnet €-32k
Net result drops to €-32k, the lowest in the series; recovery starts the following year.
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
2020
03-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 34 days late
2019
31-12
Financial
Highest result since 2018net €20k ▲242%
Operating result €38k, net result €20k, both a record.
31-12
Financial
Equity above €100kEq €120k ▲20.1%
2 profitable years in a row build equity to €120k.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Herk-de-Stad · 1 establishment unit since 2004
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.
Koningsvijversstraat 23540 Herk-de-StadGround area
843 m²
Building footprint
168 m²
Volume, LiDAR
989 m³
Parcel 71051B0523/00T000, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FRESTE
since 20042.138.937.793
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71051B0523/00T000 | Flanders | 843 m² | 1 · 168 m² | 9.3 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.
Similar companies · same sector, comparable size
Safi’s Shop
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Raf Boussier Management
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UBACHS
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KF BELGIUM
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Of 1,631 companies in sector 46170 we hold annual accounts for 660. 426 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded16-08-2004
Fiscal year end31-12
Activities, NACEBEL
46170Agents in the wholesale of food, beverages and tobacco
46389Wholesale of other food products
46391Wholesale trade
47279Other retail sale of food
47299Retail trade
51384
51391
52272
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.