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Friet Cuisine

Active
Private limited company (pre-2019)founded 2018active for 8 yearsHeurnestraat 18, 9700 Oudenaarde, BelgiumKBO/BCE: BE 0687.782.062
Summary

The computed 12-month bankruptcy probability of Friet Cuisine is 12.8% (high). For Friet Cuisine, at least two annual filings are missing. The 2022 annual accounts show negative equity (-€37,530) and a net result of -€18,663. Equity has been shrinking by about 23% per year since 2018. Its solvency ranks better than 17% of 16,305 sector peers (NACE 56, financial year 2022). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 10-01-2018 Normal situation
Activity
Limited-service restaurants, excluding mobile food services NACE 56112
Establishment unit
2.271.768.803 9700 Oudenaarde, since 19-01-2018
Financial year end
31 December
Peppol
Reachable since 17-12-2025

Board and ownership

Last known board

Financial position

Bankruptcy probabilitywithin 12 months
12.8%
2022 figures too old to score
Annual accounts 2022
Gross margin
€10,805
▼ 66.3%
Turnover
≈ €120,000
estimated
Loss
€18,663
Equity
-€37,530
▼ 98.9%
Total assets
€106,291
▼ 18.0%
Staff
≈ 0 FTE
estimated
  • Negative equity on 31-12-2022
  • 2023 accounts not filed, 826 days past the deadline
Signalsraises risk3 financial years not filed after the legal deadline; last filed accounts filed 153 days late; 2 of the last 3 accounts lateFigures for financial year 2022 (filed on 08-01-2024)Loss of €18,663 (financial year 2022)Sector: Food and beverage service activities (NACE 56)Two or more financial years not filed2022 accounts filed 153 days lateShow the evidence

Bankruptcy probability

No current score
Figures too old
The latest figures are for FY 2022. They are too old for a current score.
Bankruptcy probability: High
Filing: At least two annual filings are missing
Financial strength, FY 2022 · tick: 2021
Weak
Solvency 0-10
equity -35.3% of total assets
Liquidity 36-1
short-term debt 67.8% · cash 17.5%
Profitability 23-45
return on assets -17.6%
Bankruptcy probability within 12 months
12.8% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,783 companies, NACE 56, micro)
Last 24 months 12-2024: 9.2%lowest value 01-2025: 11.8%▲ +2.6 percentage points vs 12-2024 02-2025: 11.8%● unchanged vs 01-2025 03-2025: 12.0%▲ +0.2 percentage points vs 02-2025 04-2025: 11.1%▼ -0.9 percentage points vs 03-2025 05-2025: 11.1%● unchanged vs 04-2025 06-2025: 11.1%● unchanged vs 05-2025 07-2025: 11.1%● unchanged vs 06-2025 08-2025: 13.2%▲ +2.1 percentage points vs 07-2025 09-2025: 13.2%● unchanged vs 08-2025 10-2025: 13.2%● unchanged vs 09-2025 11-2025: 13.2%● unchanged vs 10-2025 12-2025: 13.2%● unchanged vs 11-2025 01-2026: 13.2%● unchanged vs 12-2025 02-2026: 13.7%▲ +0.5 percentage points vs 01-2026highest value 03-2026: 13.5%▼ -0.2 percentage points vs 02-2026 04-2026: 13.5%● unchanged vs 03-2026 05-2026: 13.5%● unchanged vs 04-2026 06-2026: 13.5%● unchanged vs 05-2026 07-2026: 13.5%● unchanged vs 06-2026 08-2026: 12.8%▼ -0.7 percentage points vs 07-2026 09-2026: 12.8%● unchanged vs 08-2026 10-2026: 12.8%● unchanged vs 09-2026 11-2026: 12.8%● unchanged vs 10-2026
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Signals

Six signals.
raises risk
raises risk · 3 financial years not filed after the legal deadline; last filed accounts filed 153 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Figures for financial year 2022 (filed on 08-01-2024)
NBB · annual accounts
raises risk · Loss of €18,663 (financial year 2022)
NBB · annual accounts
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 5 filings
Position against the passed deadline
31-12-2023 year end31-07-2024 deadline04-11-2026 today
raises risk · 2022 accounts filed 153 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 31-12-2023, 153 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 5 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
153 days late
2021
4 days late
2020
121 days late
2019
486 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 191 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% 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

  • Risk: Negative equitydebts exceed assets in financial year 2022 -€37,530 View
  • Caution: Less equity than 88% of companies in food and beverage servicesector median €27,383 · 16,336 companies -€37,530 View

Recent changes

  1. · Gazette deed Registered office moved within OudenaardeNew seat: Heurnestraat 18, 9700 Oudenaarde · Previous seat: Akkerstraat 58, 9700 Oudenaarde · Resignation: Joline Ceuterick (director)
  2. · Gazette deed Incorporation
All 8 events

Comparable companies

These companies have the same main activity as Friet Cuisine: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €82,700 and €105,000, founded between 2016 and 2018.

CompanyTotal assetsGross margin
Friet Cuisine Oudenaarde€106,291€10,805
CONCEPTRESTO Jette€101,021€12,916
LIVE KOFFE Sint-Gillis (bij-Brussel)€92,862€10,040
TARA CORPORATION Brussel€100,162€13,469
BOUDEL Jette€104,706€13,839
SHAMS Dendermonde€82,692€9,777
NEW PAS PAR PAS Elsene€94,991€9,895
Full comparison

Key facts about Friet Cuisine

What is the company number of Friet Cuisine?
The company number of Friet Cuisine is 0687.782.062. The VAT number is the same number with BE in front: BE 0687.782.062.
Where is Friet Cuisine based?
The registered office is at Heurnestraat 18, 9700 Oudenaarde.Company details
What does Friet Cuisine do?
According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
What is the legal form of Friet Cuisine?
The legal form of Friet Cuisine is Private limited company (pre-2019) (BVBA).
When was Friet Cuisine founded?
Friet Cuisine was founded on 10-01-2018.
Is Friet Cuisine still active?
Yes, Friet Cuisine is an active enterprise in the KBO register.
What is the turnover of Friet Cuisine?
The turnover in financial year 2022 is ≈ €120,000. This figure is estimated from the gross margin of €10,805 and 133 comparable companies (NACE 56112). It probably lies between €75,000 and €200,000. It is a rough estimate.Financials
Is Friet Cuisine profitable?
In financial year 2022, Friet Cuisine made a loss of €18,663.
Where can I find the annual accounts of Friet Cuisine?
Friet Cuisine filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2022.

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