FRIEDMANN
The computed 12-month bankruptcy probability of FRIEDMANN is 0.7% (low). The 2024 annual accounts show equity of €4.29M and a net result of €3.84M. Equity is growing by ~465.2% per year across the filed fiscal years. Its solvency ranks better than 22% of 12445 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €4.29M |
| Net result | €3.84M |
| Better than sector | 22% |
| Active | 4 yrs |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 25.3% | 60.6% | |
| Net result | €3.84M | €31k | |
| Equity | €4.29M | €63k | |
| Gross operating margin | €177k | €52k | |
| Total assets | €16.95M | €124k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | - |
| Net profit | €3.84M |
| Cash flow | - |
| Staff costs | - |
| Income taxes | €35k |
| Dividends | - |
| Total assets | €16.95M |
| Equity | €4.29M |
| Debt | €12.66M |
| of which ≤ 1y | €223k |
| of which > 1y | €12.44M |
| Working capital | €3.13M |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 15.04 |
| Quick ratio | 15.04 |
| Working capital ratio | 18.4% |
| Solvency | 25.3% |
| Debt / equity | 2.95 |
| Long-term debt ratio | 2.90 |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | 22.6% |
| ROE | 89.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €16.95M |
| Fixed assets | 21/28 | €13.60M |
| Financial fixed assets | 28 | €13.60M |
| Current assets | 29/58 | €3.35M |
| Amounts receivable within one year | 40/41 | €2.92M |
| Cash & bank | 54/58 | €433k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €16.95M |
| Equity | 10/15 | €4.29M |
| Contributions / capital | 10/11 | €30k |
| Accumulated profits (losses) | 14 | €4.26M |
| Amounts payable | 17/49 | €12.66M |
| Amounts payable after one year | 17 | €12.44M |
| Amounts payable within one year | 42/48 | €223k |
| Trade debts payable within one year | 44 | €1k |
| Income statement | ||
| Gross operating margin | 9900 | €177k |
| Operating result | 9901 | €175k |
| Financial income | 75 | €3.73M |
| Financial charges | 65 | €34k |
| Result before taxes | 9903 | €3.87M |
| Income taxes | 67/77 | €35k |
| Net result for the period | 9904 | €3.84M |
| Result to be appropriated | 9905 | €3.84M |
| NACE primary | Head offices & management consulting(70200) |
| Legal form | Private limited company(610) |
| Incorporation | 28-02-2022 |
| Status | Active |
| Postal code | 1000 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21802B1155/00Y000 | Brussels | 69 m² | 1 · 105 m² | 20.8 m · 6 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
04-06-2025 Articles of association amended, translation of the articles, coordination of the articles and amendment of specific articles
Technical details
{
"notary": {
"name": "Rapha\u00EBl de Vuyst",
"firm_city": null,
"firm_name": null,
"office_city": "Bruxelles",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2025-06-04",
"filing_date": "2025-06-02",
"act_kind_objet": "STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS)"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"act_date": "2025-05-26",
"unanimous": true
},
"statute_change": {
"kinds": [
"translation",
"coordination",
"targeted_amendment"
],
"scope": "full_restatement",
"trigger": null,
"language_after": "fr",
"language_before": "nl"
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0782.698.245",
"name_full_after": "FRIEDMANN",
"legal_form_after": "Soci\u00E9t\u00E9 \u00E0 responsabilit\u00E9 limit\u00E9e",
"name_full_before": "FRIEDMANN",
"current_zetel_raw": "Galerie de la Reine 12-18 1000 Bruxelles",
"legal_form_before": "Soci\u00E9t\u00E9 \u00E0 responsabilit\u00E9 limit\u00E9e"
},
"special_mandates": [],
"articles_modified": [
{
"summary": "Article 9 has been amended to detail the conditions for share transfers, including free transfers between shareholders, transfers subject to shareholder approval, and the right of pre-emption for third-party sales.",
"new_text": "\u00AB Article 9. Cession d\u2019actions\n\u00A7 1. Cessions libres Les actions peuvent \u00EAtre c\u00E9d\u00E9es entre vifs ou transmises pour cause de mort,\nsans agr\u00E9ment, \u00E0 un autre actionnaire.\n\u00A7 2. Cessions soumises \u00E0 agr\u00E9ment\n 1. Tout actionnaire qui voudra c\u00E9der ses actions entre vifs \u00E0 titre gratuit \u00E0 une personne autre que\ncelles vis\u00E9es au paragraphe pr\u00E9c\u00E9dent devra, \u00E0 peine de nullit\u00E9, obtenir l\u0027agr\u00E9ment de la moiti\u00E9",
"change_kind": "amended",
"article_title": "Cession d\u2019actions",
"article_number": "9"
}
],
"governance_change": null,
"publication_proxy": {
"kind": "person",
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"org_name": null,
"person_name": "Rapha\u00EBl de Vuyst",
"org_rep_person_name": null
},
"co_filed_documents": [
"expedition de l\u2019acte"
],
"shareholder_rights": {
"quorum_rules_changed": false,
"liquidation_preference_text": "Apr\u00E8s apurement de toutes les dettes, charges et frais de liquidation ou apr\u00E8s consignation des montants n\u00E9cessaires \u00E0 cet effet et, en cas d\u0027existence d\u2019actions non enti\u00E8rement lib\u00E9r\u00E9es, apr\u00E8s r\u00E9tablissement de l\u0027\u00E9galit\u00E9 entre toutes les actions soit par des appels de fonds compl\u00E9mentaires \u00E0 charge des actions insuffisamment lib\u00E9r\u00E9es, soit par des distributions pr\u00E9alables au profit des actions lib\u00E9r\u00E9es dans une proportion sup\u00E9rieure, l\u0027actif net est r\u00E9parti entre tous les actionnaires en proportion de leurs actions et les biens conserv\u00E9s leur sont remis pour \u00EAtre partag\u00E9s dans la m\u00EAme proportion.",
"voorkeurrecht_rules_changed": true,
"aandelenoverdracht_restrictions_changed": true
},
"voorwerp_change_summary": null,
"capital_structure_change": null,
"coordinated_text_lineage": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | FRIEDMANN |