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FRIESMO

Active
Private limited companyfounded 2021active for 4 yearsHertogstraat 147, 3001 Leuven, BelgiumKBO/BCE: BE 0778.412.924

From the official registers: KBO 3 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of FRIESMO is 9.2% (elevated). The annual accounts of FRIESMO for financial year 2024 show a net loss of 60% of total assets and of 98% of the equity at the start of that year. The 2024 annual accounts show equity of €781 and a net result of -€36,392. Equity has been growing by about 99% per year since 2022. Its solvency ranks better than 22% of 15,439 sector peers (NACE 46, financial year 2024). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 09-12-2021 Normal situation
Activity
Agents in non-specialised wholesale trade NACE 46190and 4 others
Establishment unit
2.325.652.697 3001 Leuven, since 09-12-2021
Financial year end
31 December
Peppol
Reachable since 05-06-2026

Board and ownership

Board
  • Carlier Pepijn JohanDirector

Financial position

30 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
9.2%
Annual accounts 2024
Gross margin
-€24,785
Loss
€36,392
Equity
€781
▼ 97.9%
Total assets
€60,206
▲ 12.7%
Turnover not published (micro format)2025 accounts not filed, 93 days past the deadline
Filed on 23-06-2025PDF
Score breakdownraises riskFigures for financial year 2024 (filed on 26-06-2025)1 change of registered office in 24 monthsLoss of €36,392 (financial year 2024)lowers riskSize: total assets €60,206Show the evidence

Checked score

Score 2024
30 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 11% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2023
Weak
Solvency 26-69
equity 1.3% of total assets
Liquidity 16-71
short-term debt 98.2% · cash 12.6%
Profitability 0-100
return on assets -60.4%
Bankruptcy probability within 12 months
9.2% Elevated
0%0.5%1.5%4%10%≥ 25%

About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,900 companies, NACE 46, micro)
Last 24 months 11-2024: 0.4%lowest value 12-2024: 0.8%▲ +0.4 percentage points vs 11-2024 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.9%▲ +0.1 percentage points vs 02-2025 04-2025: 1.0%▲ +0.1 percentage points vs 03-2025 05-2025: 1.3%▲ +0.3 percentage points vs 04-2025 06-2025: 1.3%● unchanged vs 05-2025 07-2025: 3.7%▲ +2.4 percentage points vs 06-2025 08-2025: 3.3%▼ -0.4 percentage points vs 07-2025 09-2025: 3.3%● unchanged vs 08-2025 10-2025: 3.3%● unchanged vs 09-2025 11-2025: 3.3%● unchanged vs 10-2025 12-2025: 3.1%▼ -0.2 percentage points vs 11-2025 01-2026: 3.1%● unchanged vs 12-2025 02-2026: 3.1%● unchanged vs 01-2026 03-2026: 3.1%● unchanged vs 02-2026 04-2026: 3.8%▲ +0.7 percentage points vs 03-2026 05-2026: 4.3%▲ +0.5 percentage points vs 04-2026 06-2026: 4.5%▲ +0.2 percentage points vs 05-2026 07-2026: 4.4%▼ -0.1 percentage points vs 06-2026 08-2026: 5.3%▲ +0.9 percentage points vs 07-2026 09-2026: 5.8%▲ +0.5 percentage points vs 08-2026 10-2026: 9.2%▲ +3.4 percentage points vs 09-2026highest value
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.66 (1.82 in 2023), below 1. Short-term debt is 98.2% and cash 12.6% of total assets. 98.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 17% of them on solvency, 16% on liquidity, 6% on profitability and 5% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed on 26-06-2025)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Loss of €36,392 (financial year 2024)
NBB · annual accounts
lowers risk · Size: total assets €60,206
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 15439 sector peers (2024).
NBB · sector comparison
Position among 15439 sector peers
Solvency
better than 22%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 93 days later.
NBB · 3 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline01-11-2026 today
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 23-06-2025, 38 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not filed
2024
38 days early
2023
16 days early
2022
97 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 50 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: From profit to loss in 2024after a profit of €37,963 in 2023 -€36,392 View
  • Caution: Lower net result than 92% of companies in wholesale tradesector median €4,936 · 15,421 companies -€36,392 View

Comparable companies

These companies have the same main activity as FRIESMO: agents in non-specialised wholesale trade (NACE 46190). They are comparable in size and age: total assets between €51,200 and €70,500, founded between 2020 and 2022.

CompanyTotal assetsGross margin
FRIESMO Leuven€60,206-€24,785
Futur Direct + Hooglede€67,884€1,077
F FOOD Charleroi€52,128-€4,478
Axelle Blanc Sint-Gillis (bij-Brussel)€51,238-€16,944
P.E.D. Belgium Deerlijk€52,454-€24
QPLASTIQS Wevelgem€58,479-€11,733
Prestige Cosmetic Grâce-Hollogne€70,523-€8,730
Full comparison

Documents

Annual accounts at the NBB

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about FRIESMO

What is the company number of FRIESMO?
The company number of FRIESMO is 0778.412.924. The VAT number is the same number with BE in front: BE 0778.412.924.
Where is FRIESMO based?
The registered office is at Hertogstraat 147, 3001 Leuven.Company details
What does FRIESMO do?
According to the KBO register, the main activity is agents in non-specialised wholesale trade (NACE 46190).
What is the legal form of FRIESMO?
The legal form of FRIESMO is Private limited company (BV).
When was FRIESMO founded?
FRIESMO was founded on 09-12-2021.
Is FRIESMO still active?
Yes, FRIESMO is an active enterprise in the KBO register.
What is the turnover of FRIESMO?
The annual accounts for financial year 2024 state no turnover. The micro format does not require it.Financials
Is FRIESMO profitable?
In financial year 2024, FRIESMO made a loss of €36,392.
Where can I find the annual accounts of FRIESMO?
FRIESMO filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)

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