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FRIES

Active Private limited companyfounded 2016active for 10 yearsLeopold de Waelplaats 8, 2000 AntwerpKBO/BCE: BE 0645.725.040
FRIES
Financial year 2025
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Annual accounts 2025

micro format, filed on 31-08-2026, 31 days late
€42,316
▲ 85.1%
€33,062
▲ 133%
€25,208
▲ 93.5%
€164,763
▼ 11.4%
78.5%
▼ 6.1 percentage points
4.43
▼ 1.78

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €120,000. Estimated: probably between €74,000 and €170,000.

Balance sheet

balance sheet total €223,666 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

78.5%

Higher than 76% of 39,360 companies in 2025.

4.43

Higher than 75% of 38,044 companies in 2025.

11.3%

Higher than 44% of 38,516 companies in 2025.

FRIES Middle half of the sector 80% of the sector Micro accounts in head offices and management consultancy (NACE 70)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016
Balance sheet: assets
20/58 223,666231,950212,028178,646149,610114,82390,68475,834100,063107,459
21/28 10,85710,18117,59923,81823,2882,6989146,00021,30743,295
22/27 10,71210,03617,45423,81823,2882,6989146,00021,30743,295
24 10,71210,03617,45423,81823,2882,6989146,00021,30743,295
28 145145145-------
29/58 212,809221,769194,429154,828126,321112,12589,77069,83378,75664,163
40/41 181,975188,155154,241119,18592,25282,21360,97546,07915,80930,429
40 35,37519,95131,99227,97528,88341,33424,18827,78215,80926,832
41 146,600168,203122,24991,21063,36940,87936,78718,297-3,597
50/53 21,21321,21321,21321,21321,21321,21321,21321,21310,000-
54/58 8,16112,15217,27614,37612,8028,6667,58254152,91133,725
490/1 1,4612501,700545434-2,000369
Balance sheet: equity and liabilities
10/49 223,666231,950212,028178,646149,610114,82390,68475,834100,063107,459
10/15 175,619196,243183,217163,017133,04894,85545,13638,02439,39638,869
10/11 12,40012,40012,40012,40012,40012,40012,40012,40012,40012,400
100 -----18,60018,60018,60018,60018,600
101 -----6,2006,2006,2006,2006,200
13 139,982160,606147,580127,38097,41159,2189,4992,3872,3871,860
130/1 -----1,860----
130 -----1,8601,8601,8601,8601,860
133 139,982160,606147,580127,38097,41157,3587,639527527-
14 23,23723,23723,23723,23723,23723,23723,23723,23724,60924,609
17/49 48,04735,70628,81115,62916,56119,96845,54837,81060,66768,590
17 ------8,469-8,01526,746
170/4 ------8,469-8,01526,746
42/48 48,04735,70628,81115,62916,56119,96837,08036,19252,65241,843
42 16,436----8,46916,53115,54228,76918,040
43 8,07617,793----1,015---
430/8 8,0768,050----1,015---
439 -9,743--------
44 3,9476,2566,9322,9015,7612,2298,43211,0723072,658
440/4 3,9476,2566,9322,9015,7612,2298,43211,0723072,658
45 19,58811,65721,87912,72810,8009,27111,1029,57720,25721,145
450/3 19,58811,65721,87912,72810,8009,27111,1029,57720,25721,145
47/48 --------3,319-
492/3 -------1,618--
Income statement
9900 42,31622,86137,18042,47755,86068,91219,74520,90230,42967,774
630 8,3727,4187,4877,5263,1858656,45716,65421,98821,988
640/8 8811,2251,3748211,8461,5592,3771,4741,5302,401
9901 33,06214,21828,31934,13150,82966,48810,9112,7746,91143,385
75/76B 8,6298,8025,6425,3283,2723,7692,3176554159
75 8,6298,8025,6425,3283,2723,7692,3176554159
65/66B 4,8062,6933,1496734738299351,6211,5871,481
65 4,8062,6933,1496734738299351,6211,5871,481
9903 36,88620,32730,81238,78653,62769,42812,2931,8085,32842,064
67/77 11,6787,30110,6128,81715,43419,7085,1803,1804,80115,595
9904 25,20813,02620,20029,96938,19349,7197,112-1,37252726,469
9905 25,20813,02620,20029,96938,19349,7197,112-1,37252726,469
Appropriation of the result
9906 48,44536,26443,43753,20661,43072,95730,34923,23725,13626,469
14P 23,23723,23723,23723,23723,237-----
791/2 45,832---------
691/2 25,20813,02620,20029,96938,19349,7197,112-5271,860
6920 ---------1,860
6921 25,20813,02620,20029,96938,19349,7197,112-527-
694/7 45,832---------
694 45,832---------
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The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.

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Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00474510.

Financial year Type Filed Reference Document
31-12-2025 micro format 31-08-2026 2026-00474510 PDF
31-12-2024 micro format 05-09-2025 2025-00485593 PDF
31-12-2023 micro format 18-09-2024 2024-00464696 PDF
31-12-2022 micro format 07-08-2023 2023-00319441 PDF
31-12-2021 micro format 30-06-2022 2022-20152436 PDF
31-12-2020 micro format 30-07-2021 2021-44300558 PDF
31-12-2019 micro format 11-08-2020 2020-40600138 PDF
31-12-2018 micro format 09-08-2019 2019-45300488 PDF
31-12-2017 micro format 27-09-2018 2018-65800173 PDF
31-12-2016 micro format 31-08-2017 2017-59200417 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016
41,43421,63635,80641,65654,01467,35317,36919,42828,89965,373
33,58020,44427,68737,49541,37850,58413,57015,28222,51548,458
9,04801,2688,05523,7752,6491,3711,347065,284
-3,991-5,1242,8991,5744,1361,0847,041-52,36919,186-
164,763186,062165,618139,199109,76092,15752,69133,64226,10422,320
78.5%84.6%86.4%91.3%88.9%82.6%49.8%50.1%39.4%36.2%
4.436.216.759.917.635.622.421.931.501.53
0.270.180.160.100.120.211.010.991.541.76
14.4%6.6%11.0%18.4%28.7%52.4%15.8%-3.6%1.3%68.1%
11.3%5.6%9.5%16.8%25.5%43.3%7.8%-1.8%0.5%24.6%
8.628.0411.3761.87over 100-----

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€9,048-€1,123€8,055€23,775
Financial fixed assets--€145--
€8,372€7,418€7,487€7,526€3,185

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on FRIES

The operating result for 2025 is 133% higher than in 2024 and the highest since 2022. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total rises from 15.4% to 21.5%. Equity is lower and debt is higher.

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