FRICKS - COOPERATION
ActiveFinancials · financial year 2023, micro format
2024 annual accounts not yet filed, deadline passed on 30 April 2025 The financial year closed on 30 September 2024. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 3 November 2026.
Annual accounts 2023 filed on 30-04-2024 PDF all 22 filings
Equity
-€18,911▼ 17.5%
2022 · -€16,090
Total assets
€63,218▼ 0.5%
2022 · €63,534
Net result
-€2,821▲ 64.2%
2022 · -€7,885
Working capital
-€21,237▼ 14.6%
2022 · -€18,524
Multi-year overview
2019 to 2023, 5 financial yearsOperating result
-€2,770
▲ 64.6%
2023
20192023
Net result
-€2,821
▲ 64.2%
2023
20192023
Equity
-€18,911
▼ 17.5%
2023
20192023
Total assets
€63,218
▼ 0.5%
2023
20192023
Debt
€82,129
▲ 3.1%
2023
20192023
Working capital
-€21,237
▼ 14.6%
2023
20192023
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20192020202120222023
Operating result€931-€1,631▲ 75.3%€2,001▲ 22.7%-€7,831-€2,770▲ 64.6%
Net result€1,569-€1,468▼ 6.4%€1,989▲ 35.5%-€7,885-€2,821▲ 64.2%
Equity-€11,661--€10,193▲ 12.6%-€8,204▲ 19.5%-€16,090▼ 96.1%-€18,911▼ 17.5%
Total assets€39,319-€43,905▲ 11.7%€62,365▲ 42.0%€63,534▲ 1.9%€63,218▼ 0.5%
Debt€50,980-€54,098▲ 6.1%€70,570▲ 30.4%€79,624▲ 12.8%€82,129▲ 3.1%
Working capital-€14,096--€12,628▲ 10.4%-€10,639▲ 15.8%-€18,524▼ 74.1%-€21,237▼ 14.6%
The operating result for 2023 is a loss of €2,770, smaller than the loss of €7,831 in 2022.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €63,218
Fixed assets
€2,435 =
Current assets
€60,783 ▼ 0.5%
Equity and liabilities
Equity-€18,911
Debt€82,129
Equity is negative. Debt (€82,129) exceeds the balance-sheet total (€63,218).
Key figures and ratios
Solvency
-29.9%▼
2022 · -25.3%
Current ratio
0.74▼
2022 · 0.77
ROA
-4.5%▲
2022 · -12.4%
Debt ≤ 1 year
€82,020▲
2022 · €79,624
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | €549 | €450 | €1,059 | ▲ 136% |
| Gross operating margin9900 | €2,309 | €2,377 | €2,550 | -€7,381 | -€1,711 | ▲ 76.8% |
| Operating profit (loss)9901 | €931 | €1,631 | €2,001 | -€7,831 | -€2,770 | ▲ 64.6% |
| Financial income75/76B | - | - | €34 | - | - | - |
| Recurring financial income75 | €1,209 | - | €34 | - | - | - |
| Financial charges65/66B | - | - | €47 | €54 | €51 | ▼ 5.8% |
| Recurring financial charges65 | €428 | €163 | €47 | €54 | €51 | ▼ 5.8% |
| Profit (loss) for the period before taxes9903 | €1,712 | €1,468 | €1,989 | -€7,885 | -€2,821 | ▲ 64.2% |
| Income taxes67/77 | €143 | - | - | - | - | - |
| Profit (loss) for the period9904 | €1,569 | €1,468 | €1,989 | -€7,885 | -€2,821 | ▲ 64.2% |
| Profit (loss) for the period to be appropriated9905 | €1,569 | €1,468 | €1,989 | -€7,885 | -€2,821 | ▲ 64.2% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €39,319 | €43,905 | €62,365 | €63,534 | €63,218 | ▼ 0.5% |
| Fixed assets21/28 | €2,435 | €2,435 | €2,435 | €2,435 | €2,435 | = |
| Financial fixed assets28 | €2,435 | €2,435 | €2,435 | €2,435 | €2,435 | = |
| Current assets29/58 | €36,884 | €41,470 | €59,931 | €61,100 | €60,783 | ▼ 0.5% |
| Amounts receivable within one year40/41 | €36,884 | €39,487 | €59,866 | €60,274 | €59,511 | ▼ 1.3% |
| Trade receivables40 | - | - | €59,200 | €59,200 | €59,200 | = |
| Other amounts receivable41 | - | - | €666 | €1,074 | €311 | ▼ 71.1% |
| Cash at bank and in hand54/58 | - | €1,983 | €65 | €826 | €1,273 | ▲ 54.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €39,319 | €43,905 | €62,365 | €63,534 | €63,218 | ▼ 0.5% |
| Equity10/15 | -€11,661 | -€10,193 | -€8,204 | -€16,090 | -€18,911 | ▼ 17.5% |
| Contributions10/11 | €12,402 | - | €12,402 | €12,402 | €12,402 | = |
| Reserves13 | €9,838 | €9,838 | €9,838 | €9,838 | €9,838 | = |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | €7,978 | €7,978 | €7,978 | = |
| Profit (loss) carried forward14 | -€33,901 | -€32,434 | -€30,445 | -€38,330 | -€41,151 | ▼ 7.4% |
| Amounts payable17/49 | €50,980 | €54,098 | €70,570 | €79,624 | €82,129 | ▲ 3.1% |
| Amounts payable within one year42/48 | €50,980 | €54,098 | €70,570 | €79,624 | €82,020 | ▲ 3.0% |
| Trade debts44 | €650 | €3,187 | €4,479 | €2,528 | €2,457 | ▼ 2.8% |
| Suppliers440/4 | - | - | €4,479 | €2,528 | €2,457 | ▼ 2.8% |
| Taxes, remuneration and social security45 | - | - | €143 | €143 | €0 | ▼ 100% |
| Taxes450/3 | - | - | €143 | €143 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | €65,948 | €76,953 | €79,563 | ▲ 3.4% |
| Accrued charges and deferred income492/3 | - | - | - | - | €109 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,569 | €1,468 | €1,989 | -€7,885 | -€2,821 | ▲ 64.2% |
| Operating cash flow (approximation) | €1,569 | €1,468 | €1,989 | -€7,885 | -€2,821 | ▲ 64.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | - | -€1,918 | €761 | €447 | ▼ 41.3% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 22 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2023 | micro format | 30-04-2024 | 2024-00073947 | |
| 30-09-2022 | micro format | 27-04-2023 | 2023-00067486 | |
| 30-09-2021 | micro format | 11-04-2022 | 2022-20001975 | |
| 30-09-2020 | micro format | 06-05-2021 | 2021-13300448 | |
| 30-09-2019 | micro format | 09-04-2020 | 2020-08900191 | |
| 30-09-2018 | micro format | 11-03-2019 | 2019-06700445 | |
| 30-09-2017 | micro format | 05-06-2018 | 2018-16100070 | |
| 30-09-2016 | abbreviated format | 28-03-2017 | 2017-07800486 | |
| 30-09-2015 | abbreviated format | 30-03-2016 | 2016-08600074 | |
| 30-09-2014 | abbreviated format | 20-04-2015 | 2015-10000488 |