FRIEDEMANN
ActiveFRIEDEMANN has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €214k and a net result of €19k. Equity is growing by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 1236 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
90
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability79▲+66
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity ample (current ratio 33.04 against 27.13 in 2023; short-term debt: 2.8% and cash: 64.3% of total assets), and 2.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 18
Relative position
BE, all sectors
reference
Sector 18
lower
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
40 d early
2022
40 d early
2021
38 d early
2020
33 d early
2019
42 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€214k▲ 9.6%
2023 · €195k
2018: €164k
2019: €174k
2020: €182k
2021: €196k
2022: €205k
2023: €195k
2018 → 2024
Total assets
€220k▲ 8.7%
2023 · €203k
2018: €172k
2019: €187k
2020: €192k
2021: €208k
2022: €229k
2023: €203k
2018 → 2024
Net result
€19k
2023 · €-10k
2018: €18k
2019: €11k
2020: €8k
2021: €14k
2022: €9k
2023: €-10k
2018 → 2024
Working capital
€196k▲ 13.8%
2023 · €172k
2018: €155k
2019: €155k
2020: €159k
2021: €176k
2022: €179k
2023: €172k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€182k-€196k▲ 7.4%€205k▲ 4.8%€195k▼ 4.9%€214k▲ 9.6%
Operating result€11k-€21k▲ 98.5%€13k▼ 36.4%€-10k€19k
Net result€8k-€14k▲ 73.8%€9k▼ 30.1%€-10k€19k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €19k after a loss of €10k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €220k
Fixed assets
€18k▼ 23.9%
Current assets
€202k▲ 13.0%
Equity and liabilities €220k
Equity
€214k▲ 9.6%
Debt
€6k▼ 16.1%
The debt ratio falls from 3.6% to 2.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€26k▲
2023 · €-2k
Cash flow
€26k▲
2023 · €-2k
Solvency
97.2%▲
2023 · 96.4%
Current ratio
33.04▲
2023 · 27.13
Quick ratio
33.04▲
2023 · 27.13
Debt / equity
0.03▼
2023 · 0.04
ROE
8.7%▲
2023 · -5.1%
ROA
8.5%▲
2023 · -4.9%
Interest coverage
183.85▲
2023 · -17.58
Debt
€6k▼
2023 · €7k
Debt ≤ 1 year
€6k▼
2023 · €7k
Income taxes
€4k▲
2023 · €-389
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€203k€220k▲
Fixed assets21/28€24k€18k▼
Tangible fixed assets22/27€23k€18k▼
Plant, machinery and equipment23€274€214▼
Furniture and vehicles24€19k€14k▼
Other tangible fixed assets26€4k€3k▼
Financial fixed assets28€560€560=
Current assets29/58€179k€202k▲
Amounts receivable within one year40/41€24k€28k▲
Trade receivables40€14k€20k▲
Other amounts receivable41€10k€8k▼
Current investments50/53€100k€31k▼
Cash at bank and in hand54/58€53k€141k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€203k€220k▲
Equity10/15€195k€214k▲
Contributions10/11€20k€20k=
Reserves13€85k€103k▲
Distributable reserves133€85k€103k▲
Profit (loss) carried forward14€90k€90k=
Amounts payable17/49€7k€6k▼
Amounts payable after more than one year17€699-
Financial debts170/4€699-
Amounts payable within one year42/48€7k€6k▼
Current portion of amounts payable after more than one year42€4k€699▼
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Taxes, remuneration and social security45€681€4k▲
Taxes450/3€681€4k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€7k▼
Other operating charges640/8€979€1k▲
Gross operating margin9900€-1k€27k▲
Operating profit (loss)9901€-10k€19k▲
Financial income75/76B€103€4k▲
Recurring financial income75€103€4k▲
Financial charges65/66B€128€144▲
Recurring financial charges65€128€144▲
Profit (loss) for the period before taxes9903€-10k€23k▲
Income taxes67/77€-389€4k▲
Profit (loss) for the period9904€-10k€19k▲
Profit (loss) for the period to be appropriated9905€-10k€19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€90k€109k▲
Profit (loss) brought forward from the previous period14P€100k€90k▼
Transfer to equity691/2-€19k
To other reserves6921-€19k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €19k
Net result €19k after one loss-making year.
31-12
Financial
Equity above €200kEq €214k ▲9.6%
Equity rises from €195k to €214k.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-10k ▼205%
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 27.13
Current ratio from 10.37 to 27.13; short-term debt falls from €19k to €7k.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200kEq €205k ▲4.8%
5 profitable years in a row build equity to €205k.
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Hasselt · 1 establishment unit since 2007
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.
Windmolenstraat 213500 HasseltGround area
220 m²
Building footprint
111 m²
Volume, LiDAR
886 m³
Parcel 71328D0025/00V000, Flanders · tallest building 14.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
FRIEDEMANN BVBA
since 20072.163.338.540
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71328D0025/00V000 | Flanders | 220 m² | 1 · 111 m² | 14.8 m · 3 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.
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Of 2,858 companies in sector 18130 we hold annual accounts for 831. 627 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-06-2007
Fiscal year end31-12
Activities, NACEBEL
18130Pre-press and pre-media services
22250
73110Advertising agencies
74401
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.