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FRI-AGRA

Active
Public limited companyfounded 195076 years activeHyacintenlaan 36, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0405.334.195
Summary

FRI-AGRA has been active since 1950 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €722,340 and a net result of -€244,390. Equity is shrinking by ~7.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 776 sector peers (NACE 10, fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Manufacture of food products
NACE 10111
#1 oldest company in Schaarbeek, Manufacturing sector1 site
Size
€792,690total assets 2025
Staff
0.2 FTE
Equity
€722,340
Loss
-€244,390
Financial health
84 Excellent Checked score 2025
Bankruptcy probability, 12 months
0.4%
Structure
Largest shareholder
KDU.C · 49%
Accounts 3 days early0 of 15 deeds read
Why 84- Loss of €244,390, the second in a row (FY 2025)- 1 change of registered office in 24 months+ Founded in 1950+ Liquidity: current ratio 7.39, cash €145,332Show the evidence

Checked score

Score 2025
84 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 49% of its sector peers (NACE 10, micro)
Financial strength · tick = 2024
Average
Solvency 100+8
equity 91.1% of total assets
Liquidity 73+28
short-term debt 7.8% · cash 18.3%
Profitability 0=
return on assets -30.8%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.1% (3,069 companies)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.8%▲ +0.4 percentage points vs 06-2025 08-2025: 1.7%▲ +0.9 percentage points vs 07-2025 09-2025: 1.7%● unchanged vs 08-2025 10-2025: 1.7%● unchanged vs 09-2025 11-2025: 1.7%● unchanged vs 10-2025 12-2025: 1.7%● unchanged vs 11-2025 01-2026: 1.7%● unchanged vs 12-2025 02-2026: 1.7%● unchanged vs 01-2026 03-2026: 1.7%● unchanged vs 02-2026 04-2026: 1.8%▲ +0.1 percentage points vs 03-2026 05-2026: 1.9%▲ +0.1 percentage points vs 04-2026highest value 06-2026: 1.7%▼ -0.2 percentage points vs 05-2026 07-2026: 1.7%● unchanged vs 06-2026 08-2026: 0.4%▼ -1.3 percentage points vs 07-2026lowest value 09-2026: 0.4%● unchanged vs 08-2026lowest value 10-2026: 0.4%● unchanged vs 09-2026lowest value
Credit up to €60,000 at 30 days acceptable
Liquidity ample (current ratio 7.39 against 3.34 in 2024; short-term debt: 7.8% and cash: 18.3% of total assets), and 8.9% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 10, micro): better than 93% on solvency, 78% on liquidity, 6% on profitability and 18% on growth.

The bankruptcy probability was computed on 06-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Loss of €244,390, the second in a row (FY 2025)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian State Gazette
lowers risk · Founded in 1950
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 7.39, cash €145,332
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€244,390
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 days early
2024
on the day
2023
13 days early
2022
11 days early
2021
12 days early
2020
30 days early
2019
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 5 days before the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% 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 20 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Liquidity doublescurrent ratio 7.39
  3. Annual accounts filedfiscal year 2024 · full…

Key points

  • Risk: 3 loss-making years in a rowloss fiscal year 2025 -€244,390 View
  • Caution: Staff fell in 2025from 3.5 FTE to 0.2 FTE ▼ 94.3% View
  • Positive: Oldest company in Schaarbeek, Manufacturing sectorin the Checked rankings #1 View
  • Active since 1950founded 25-02-1950 76 years View
  • Positive: Always filed on timeaccounts within the deadline every year 6 years View

By topic

Financials

Fiscal year
2025
Total assets
€792,690
Loss
-€244,390
Solvency
91.1%
Total assets▼ 45.1%
Net result
20182025
Go to Financials

Timeline

Events
15
Since
2017
Next accounts
by 31-07-2027
  1. 18-07-2024Annual accounts filed
  2. 20-07-2023Annual accounts filed
  3. 31-12-2022Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of food productsNACE 10111
Founded
25-02-1950
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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