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FRIESAM

Active
Private limited companyfounded 20187 yrs activeDraakstraat 2, 2018 Antwerpen, BelgiumKBO/BCE: BE 0707.819.985

The computed 12-month bankruptcy probability of FRIESAM is 3.0% (moderate). The 2025 annual accounts show equity of €28k and a net result of €8k. Equity is growing by ~22.9% per year across the filed fiscal years. Its solvency ranks better than 77% of 13090 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
73 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability90▼-10
Solvency88▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
3.0% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 2.17 against 2.27 in 2024; short-term debt: 37.3% and cash: 60.6% of total assets), and 37.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 7 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
62.7%
Return on assets
17%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 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 · 7 filings
Deviation from the deadline
2025
11 d late
2024
6 d early
2023
9 d early
2022
18 d late
2021
11 d early
2020
31 d late
2019
3 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€28k▼ 12.7%
2024 · €32k
2019: €6k 2020: €18k 2021: €28k 2022: €15k 2023: €19k 2024: €32k
2019 → 2025
Total assets
€44k▼ 7.7%
2024 · €48k
2019: €23k 2020: €42k 2021: €60k 2022: €37k 2023: €42k 2024: €48k
2019 → 2025
Net result
€8k▼ 40.3%
2024 · €13k
2019: €50 2020: €12k 2021: €10k 2022: €-13k 2023: €4k 2024: €13k
2019 → 2025
Working capital
€19k▼ 5.8%
2024 · €21k
2019: €2k 2020: €2k 2021: €5k 2022: €-5k 2023: €3k 2024: €21k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€28k-€15k▼ 45.9%€19k▲ 28.6%€32k▲ 65.3%€28k▼ 12.7%
Operating result€13k-€-13k€6k€17k▲ 195%€12k▼ 28.2%
Net result€10k-€-13k€4k€13k▲ 194%€8k▼ 40.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€-10k€0€10k€20kOperating result 2021: €13k€13kNet result 2021: €10k€10kOperating result 2022: €-13k€-13kNet result 2022: €-13k€-13kOperating result 2023: €6k€6kNet result 2023: €4k€4kOperating result 2024: €17k€17kNet result 2024: €13k€13kOperating result 2025: €12k€12kNet result 2025: €8k€8k20212022202320242025
The operating result falls in 2025; 2025 is 28% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €44k
Fixed assets €9k▼ 25.1%
Current assets €36k▼ 2.2%
Equity and liabilities €44k
Equity €28k▼ 12.7%
Debt €17k▲ 2.2%
The debt ratio rises from 33.7% to 37.3%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€15k
2024 · €24k
Cash flow
€10k
2024 · €19k
Solvency
62.7%
2024 · 66.3%
Current ratio
2.17
2024 · 2.27
Quick ratio
1.80
2024 · 1.85
Debt / equity
0.59
2024 · 0.51
ROE
27.0%
2024 · 39.5%
ROA
17.0%
2024 · 26.2%
Interest coverage
9.63
2024 · 14.29
Debt
€17k
2024 · €16k
Debt ≤ 1 year
€17k
2024 · €16k
Income taxes
€4k
2024 · €4k
Staff costs
€44k
2024 · €51k
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€48k€44k
Fixed assets21/28€11k€9k
Tangible fixed assets22/27€9k€6k
Plant, machinery and equipment23€2k€998
Furniture and vehicles24€1k€520
Other tangible fixed assets26€5k€4k
Financial fixed assets28€3k€3k=
Current assets29/58€37k€36k
Stocks and contracts in progress3€7k€6k
Stocks30/36€7k€6k
Amounts receivable within one year40/41€1k€1k
Other amounts receivable41€1k€1k
Cash at bank and in hand54/58€29k€27k
Deferred charges and accrued income490/1€106€2k
Equity and liabilities
Total equity and liabilities10/49€48k€44k
Equity10/15€32k€28k
Contributions10/11€6k€6k=
Reserves13€26k€22k
Non-distributable reserves130/1€50€50=
Reserves not available under the articles1311€50€50=
Distributable reserves133€26k€22k
Amounts payable17/49€16k€17k
Amounts payable within one year42/48€16k€17k
Current portion of amounts payable after more than one year42€577-
Trade debts44€3k€6k
Suppliers440/4€3k€6k
Taxes, remuneration and social security45€12k€10k
Taxes450/3€7k€8k
Remuneration and social security454/9€6k€2k
Other amounts payable47/48€931€954
Income statement Code20242025
Remuneration, social security and pensions62€51k€44k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€3k
Other operating charges640/8€717€1k
Gross operating margin9900€75k€60k
Operating profit (loss)9901€17k€12k
Financial income75/76B€1k€584
Recurring financial income75€1k€584
Financial charges65/66B€2k€2k
Recurring financial charges65€2k€2k
Profit (loss) for the period before taxes9903€17k€11k
Income taxes67/77€4k€4k
Profit (loss) for the period9904€13k€8k
Profit (loss) for the period to be appropriated9905€13k€8k
Appropriation of the result
Profit (loss) to be appropriated9906€4k€8k
Profit (loss) brought forward from the previous period14P€-8k-
Transfer from equity791/2-€12k
Transfer to equity691/2€4k€8k
To other reserves6921€4k€8k
Profit to be distributed694/7-€12k
Return on contributions (dividend)694-€12k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
11-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 11 days late
2025
25-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2019net €13k ▲194%
Operating result €17k, net result €13k, both a record.
22-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €4k
Net result €4k after one loss-making year.
18-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 18 days late
2022
31-12
Financial Weakest financial yearnet €-13k ▼228%
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
20-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
28-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 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, Antwerpen · 1 establishment unit since 2018
establishment The establishment unit on the map
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.

Draakstraat 22018 Antwerpen
Ground area
56 m²
Building footprint
56 m²
Volume, LiDAR
711 m³
Parcel 11806F1275/00T006, Flanders · tallest building 14.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
FRIESAM
Draakstraat 2, 2018 AntwerpenAgents in non-specialised wholesale trade
since 20182.281.175.526
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11806F1275/00T006 Flanders 56 m² 1 · 56 m² 14.3 m · 5 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.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Antwerpen2.281.175.526
1 permission
Toelating · Eetgelegenheid · since 21-11-2018

Similar companies · same sector, comparable size

Of 20,506 companies in sector 56111 we hold annual accounts for 11,453. 9,358 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded05-10-2018
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56102Limited-service restaurants
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.