FRIET SEBIET
ActiveThe computed 12-month bankruptcy probability of FRIET SEBIET is 1.5% (moderate). The 2025 annual accounts show equity of €176k and a net result of €233k. Equity is shrinking by ~8.2% per year across the filed fiscal years. Its solvency ranks better than 54% of 13204 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
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency60▼-3
Growth58=
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity tight (current ratio 1.1 against 1.1 in 2024; short-term debt: 62.5% and cash: 33.6% of total assets), and 64.7% 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 risk○neutral
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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
35.3%
Return on assets
46.8%
Age of the figures
9 mo
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 dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
on the day
2022
on the day
2021
31 d late
2020
31 d late
2019
53 d late
← 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 monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€176k▼ 8.8%
2024 · €193k
2019: €206k
2020: €335k
2021: €472k
2022: €192k
2023: €215k
2024: €193k
2019 → 2025
Total assets
€498k▼ 1.5%
2024 · €505k
2019: €454k
2020: €419k
2021: €588k
2022: €718k
2023: €505k
2024: €505k
2019 → 2025
Net result
€233k▲ 15.2%
2024 · €202k
2019: €187k
2020: €129k
2021: €137k
2022: €139k
2023: €199k
2024: €202k
2019 → 2025
Working capital
€30k▲ 7.6%
2024 · €28k
2019: €24k
2020: €165k
2021: €333k
2022: €44k
2023: €26k
2024: €28k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€472k-€192k▼ 59.4%€215k▲ 12.3%€193k▼ 10.5%€176k▼ 8.8%
Operating result€179k-€183k▲ 2.3%€262k▲ 43.0%€269k▲ 2.9%€304k▲ 12.9%
Net result€137k-€139k▲ 1.6%€199k▲ 42.4%€202k▲ 1.9%€233k▲ 15.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 13% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €498k
Fixed assets
€157k▼ 16.9%
Current assets
€340k▲ 7.7%
Equity and liabilities €498k
Equity
€176k▼ 8.8%
Debt
€322k▲ 2.9%
The debt ratio rises from 61.9% to 64.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€351k▲
2024 · €320k
Cash flow
€280k▲
2024 · €253k
Solvency
35.3%▼
2024 · 38.1%
Current ratio
1.10=
2024 · 1.10
Quick ratio
1.05▼
2024 · 1.05
Debt / equity
1.83▲
2024 · 1.62
ROE
132.7%▲
2024 · 105.1%
ROA
46.8%▲
2024 · 40.0%
Interest coverage
132.29▲
2024 · 111.30
Debt
€322k▲
2024 · €313k
Debt ≤ 1 year
€311k▲
2024 · €289k
Income taxes
€73k▲
2024 · €64k
Staff costs
€95k▼
2024 · €99k
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€505k€498k▼
Fixed assets21/28€189k€157k▼
Intangible fixed assets21€67k€48k▼
Tangible fixed assets22/27€122k€109k▼
Plant, machinery and equipment23€89k€70k▼
Furniture and vehicles24€27k€33k▲
Other tangible fixed assets26€6k€6k▲
Current assets29/58€316k€340k▲
Stocks and contracts in progress3€12k€14k▲
Stocks30/36€12k€14k▲
Amounts receivable within one year40/41€14k€7k▼
Trade receivables40€14k€7k▼
Other amounts receivable41-€21
Current investments50/53€150k€150k=
Cash at bank and in hand54/58€138k€167k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€505k€498k▼
Equity10/15€193k€176k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€174k€157k▼
Amounts payable17/49€313k€322k▲
Amounts payable after more than one year17€4k-
Financial debts170/4€4k-
Amounts payable within one year42/48€289k€311k▲
Current portion of amounts payable after more than one year42€10k€4k▼
Trade debts44€19k€14k▼
Suppliers440/4€19k€14k▼
Taxes, remuneration and social security45€2k€8k▲
Taxes450/3€2k€8k▲
Other amounts payable47/48€258k€285k▲
Accrued charges and deferred income492/3€20k€11k▼
Income statement
Code20242025
Remuneration, social security and pensions62€99k€95k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51k€47k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€421k€448k▲
Operating profit (loss)9901€269k€304k▲
Financial income75/76B€559€5k▲
Recurring financial income75€559€5k▲
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€267k€306k▲
Income taxes67/77€64k€73k▲
Profit (loss) for the period9904€202k€233k▲
Profit (loss) for the period to be appropriated9905€202k€233k▲
Appropriation of the result
Profit (loss) to be appropriated9906€399k€407k▲
Profit (loss) brought forward from the previous period14P€197k€174k▼
Profit to be distributed694/7€225k€250k▲
Return on contributions (dividend)694€225k€250k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2019net €233k ▲15.2%
Operating result €304k, net result €233k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €200kEq €215k ▲12.3%
5 profitable years in a row build equity to €215k.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 9.35
Current ratio from 4.46 to 9.35; short-term debt falls from €48k to €40k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €129k ▼31.2%
Net result drops to €129k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity quadruplescurrent ratio 4.46
Current ratio from 1.13 to 4.46; short-term debt falls from €186k to €48k.
22-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 53 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Jabbeke · 1 establishment unit since 2018
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.
Gistelsteenweg 133B8490 JabbekeGround area
1,326 m²
Building footprint
378 m²
Volume, LiDAR
2,026 m³
Parcel 31442C0547/00H002, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FRIET SEBIET
since 20182.276.909.605
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31442C0547/00H002 | Flanders | 1,326 m² | 1 · 378 m² | 9.5 m · 2 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 siteJabbeke2.276.909.605
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Of 21,896 companies in sector 56112 we hold annual accounts for 9,783. 6,972 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-06-2018
Fiscal year end31-12
Activities, NACEBEL
56102Limited-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 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.