FRIBERT VASTGOED
ActiveFRIBERT VASTGOED has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-11k) and a net result of €-3k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 1986 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▲+11
Solvency23▼-1
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.55 against 0.65 in 2024; short-term debt: 14.8% and cash: 7.3% of total assets), and equity is negative.
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Sector 90
lower
← 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
-1.6%
Return on assets
-0.4%
Age of the figures
12 mo
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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-11k
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-05-2026, 29 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
29 d late
2024
237 d late
2023
602 d late
2022
3 d early
2021
1 d early
2020
on the day
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-11k▼ 32.5%
2024 · €-8k
2018: €22k
2019: €-98
2020: €-21k
2021: €-48k
2022: €-30k
2023: €-3k
2024: €-8k
2018 → 2025
Total assets
€677k▼ 9.3%
2024 · €747k
2018: €1.25M
2019: €1.17M
2020: €1.08M
2021: €993k
2022: €927k
2023: €868k
2024: €747k
2018 → 2025
Net result
€-3k▲ 52.2%
2024 · €-6k
2018: €-15k
2019: €-22k
2020: €-21k
2021: €-27k
2022: €18k
2023: €24k
2024: €-6k
2018 → 2025
Working capital
€-45k▼ 46.0%
2024 · €-31k
2018: €22k
2019: €-66k
2020: €-69k
2021: €-93k
2022: €-70k
2023: €-33k
2024: €-31k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-48k-€-30k▲ 37.9%€-3k▲ 91.3%€-8k▼ 212%€-11k▼ 32.5%
Operating result€-8k-€36k€41k▲ 15.1%€10k▼ 75.8%€10k▲ 4.0%
Net result€-27k-€18k€24k▲ 29.8%€-6k€-3k▲ 52.2%
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 4% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €677k
Fixed assets
€622k▼ 9.9%
Current assets
€56k▼ 1.7%
Key figures and ratios
EBITDA
€97k▲
2024 · €97k
Cash flow
€84k▲
2024 · €81k
Solvency
-1.6%▼
2024 · -1.1%
Current ratio
0.55▼
2024 · 0.65
Quick ratio
0.55▼
2024 · 0.65
Debt / equity
-63.94▲
2024 · -92.92
ROA
-0.4%▲
2024 · -0.7%
Interest coverage
7.26▲
2024 · 4.65
Debt
€688k▼
2024 · €755k
Debt ≤ 1 year
€100k▲
2024 · €87k
Debt > 1 year
€588k▼
2024 · €668k
Income taxes
€968
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€747k€677k▼
Fixed assets21/28€690k€622k▼
Tangible fixed assets22/27€690k€622k▼
Land and buildings22€685k€618k▼
Plant, machinery and equipment23€6k€4k▼
Current assets29/58€57k€56k▼
Amounts receivable within one year40/41€3k€6k▲
Trade receivables40€3k€6k▲
Cash at bank and in hand54/58€53k€49k▼
Equity and liabilities
Total equity and liabilities10/49€747k€677k▼
Equity10/15€-8k€-11k▼
Contributions10/11€19k€19k=
Reserves13€7k€7k=
Distributable reserves133€7k€7k=
Profit (loss) carried forward14€-34k€-36k▼
Amounts payable17/49€755k€688k▼
Amounts payable after more than one year17€668k€588k▼
Financial debts170/4€668k€588k▼
Amounts payable within one year42/48€87k€100k▲
Financial debts43€79k€80k▲
Credit institutions430/8€79k€80k▲
Trade debts44€4k€15k▲
Suppliers440/4€4k€15k▲
Taxes, remuneration and social security45€4k€5k▲
Taxes450/3€4k€5k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€87k€87k=
Other operating charges640/8€1k€16k▲
Gross operating margin9900€98k€113k▲
Operating profit (loss)9901€10k€10k▲
Financial income75/76B€5k€1k▼
Recurring financial income75€5k€1k▼
Financial charges65/66B€21k€13k▼
Recurring financial charges65€21k€13k▼
Profit (loss) for the period before taxes9903€-6k€-2k▲
Income taxes67/77-€968
Profit (loss) for the period9904€-6k€-3k▲
Profit (loss) for the period to be appropriated9905€-6k€-3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-34k€-36k▼
Profit (loss) brought forward from the previous period14P€-28k€-34k▼
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
29-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
23-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 237 days late
23-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 602 days late
2023
30-09
Financial
Highest result since 2018net €24k ▲29.8%
Operating result €41k, net result €24k, both a record.
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Back to profitnet €18k
Net result €18k after 4 loss-making years.
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Weakest financial yearnet €-27k
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
09-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 9 days late
2018
10-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
10-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 10 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, Aarschot · 1 establishment unit since 2014
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.
Ter Heidelaan 953200 AarschotGround area
1.1 ha
Building footprint
3,507 m²
Volume, LiDAR
20,195 m³
Parcel 24662F0020/00N000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
NSL-Productions
since 20142.237.449.708
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24662F0020/00N000 | Flanders | 1.1 ha | 1 · 3,507 m² | 8.5 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
ZEBRA MEDIA
BE 0460.935.387
Destelbergen · Eq €22k
Scope Solutions
BE 0696.988.451
Haacht · Eq €22k
ECO-CONCEPT BELGIUM
BE 0775.470.854
Zaventem · Eq €22k
LIGHTYEAR
BE 0475.973.951
Herentals · Eq €23k
EXTRAVISUAL SERVICES
BE 0669.804.301
Gent · Eq €22k
Of 3,398 companies in sector 90393 we hold annual accounts for 939. 646 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-11-2014
Fiscal year end30-09
Activities, NACEBEL
90393Specialised image, lighting and sound technical services
46431Wholesale of electrical household appliances and audio-video equipment
46474Wholesale trade
46643Wholesale of electrical equipment, including installation materials
47552Retail sale of lighting equipment
47592Retail trade
82300Organisation of conventions and trade shows
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.