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FRFINIT

Active
Private limited companyfounded 2025active for 1 yearAvenue de la Galvanisation 3, 1400 Nivelles, BelgiumKBO/BCE: BE 1023.183.021
Summary

FRFINIT has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2,298 and a net result of -€702. Its solvency ranks better than 67% of 38,998 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

Equity
€2,298
Total assets
€3,206
Net result
-€702
Working capital
€2,298

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Equity and liabilities €3,206
Equity €2,298
Debt €908
Debt finances 28.3% of the balance-sheet total.
Key figures and ratios
2025 value
Debt ≤ 1 year
€908
Ratios withheld: a balance sheet total of €3,206 is too small for a meaningful ratio.

Peer companies

Historical observation

Of the 584 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 93% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
1.4% went bankrupt
6.0% stopped otherwise
93% still going

For this company itself Checked computes a lower bankruptcy probability: < 0.1% 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 497,472 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 584 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 · 22 lines
Balance sheet Code2025
Assets
Total assets20/58€3,206
Current assets29/58€3,206
Amounts receivable within one year40/41€2,366
Trade receivables40€1,172
Other amounts receivable41€1,194
Cash at bank and in hand54/58€840
Equity and liabilities
Total equity and liabilities10/49€3,206
Equity10/15€2,298
Contributions10/11€3,000
Profit (loss) carried forward14-€702
Amounts payable17/49€908
Amounts payable within one year42/48€908
Trade debts44€908
Suppliers440/4€908
Income statement Code2025
Gross operating margin9900-€700
Operating profit (loss)9901-€700
Financial charges65/66B€1
Recurring financial charges65€1
Profit (loss) for the period before taxes9903-€702
Profit (loss) for the period9904-€702
Profit (loss) for the period to be appropriated9905-€702
Appropriation of the result
Profit (loss) to be appropriated9906-€702

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Gross operating margin9900-€700
Operating profit (loss)9901-€700
Financial charges65/66B€1
Recurring financial charges65€1
Profit (loss) for the period before taxes9903-€702
Profit (loss) for the period9904-€702
Profit (loss) for the period to be appropriated9905-€702
Line2025
Assets
Total assets20/58€3,206
Current assets29/58€3,206
Amounts receivable within one year40/41€2,366
Trade receivables40€1,172
Other amounts receivable41€1,194
Cash at bank and in hand54/58€840
Equity and liabilities
Total equity and liabilities10/49€3,206
Equity10/15€2,298
Contributions10/11€3,000
Profit (loss) carried forward14-€702
Amounts payable17/49€908
Amounts payable within one year42/48€908
Trade debts44€908
Suppliers440/4€908
Line2025
Profit (loss) for the period9904-€702
Operating cash flow (approximation)-€702

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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Similar companies · same sector, comparable size

Of the 82,166 companies in this sector, figures are known for 53,837. 9,840 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: not fully processed yet. The notices from April 2020 to September 2026 are still being read.