FRIETEX
Open bankruptcyA bankruptcy procedure is open for FRIETEX according to publications in the Belgian State Gazette; curator: ULRICHE DE RESE.
Summary
The 2022 annual accounts show negative equity (-€143,223) and a net result of -€12,889.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Ghent, Bruges division
- Declared bankrupt
- 18 September 2025
- Supervising judge
- Stephan Van Merris
- Official Gazette
- 03-10-2025 (pdf) ↗search the document for 2025/139752
Deadlines
- Provisional date payments stopped
- 18 September 2025A later judgment can change the date.art. XX.105 CEL
- File the claim in RegSol until
- passed on 18 October 2025art. XX.104 and XX.155 CEL
- Appeal or third-party opposition until
- passed on 18 October 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- First verification report
- passed on 28 October 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 18 September 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Ulriche De ReseVierscharestraat 11, 8340 Dammeulriche.de.rese@gmail.com
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 05-10-2023, 66 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
66 d late
2021
74 d late
2020
41 d late
2019
116 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 74 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, micro schema
Equity
-€143,223▼ 9.9%
2021 · -€130,334
Total assets
€45,923▲ 28.9%
2021 · €35,625
Net result
-€12,889
2021 · €5,513
Working capital
-€69,372▼ 32.0%
2021 · -€52,550
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Operating result€32,838--€522€3,684€5,574▲ 51.3%-€12,759
Net result€22,374--€536€3,522€5,513▲ 56.5%-€12,889
Equity-€138,833--€139,369▼ 0.4%-€135,847▲ 2.5%-€130,334▲ 4.1%-€143,223▼ 9.9%
Total assets€37,606-€36,048▼ 4.1%€40,127▲ 11.3%€35,625▼ 11.2%€45,923▲ 28.9%
Debt€176,438-€175,417▼ 0.6%€175,974▲ 0.3%€165,959▼ 5.7%€189,145▲ 14.0%
Working capital-€60,863--€64,063▼ 5.3%-€59,915▲ 6.5%-€52,550▲ 12.3%-€69,372▼ 32.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €12,759 after €5,574 in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €45,923
Fixed assets
€26,150 ▲ 17.7%
Current assets
€19,773 ▲ 47.5%
Key figures and ratios
Solvency
-311.9%▲
2021 · -365.8%
Current ratio
0.22▲
2021 · 0.20
Quick ratio
0.07▲
2021 · 0.02
Debt to equity
-1.32▼
2021 · -1.27
ROA
-28.1%▼
2021 · 15.5%
Debt ≤ 1 year
€89,145▲
2021 · €65,959
Debt > 1 year
€100,000=
2021 · €100,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,020 | - | €1,818 | €5,324 | - | - |
| Other operating charges640/8 | - | - | - | €1,762 | €2,825 | ▲ 60.3% |
| Gross operating margin9900 | €71,593 | €514 | €8,217 | €12,661 | -€9,935 | ▼ 178% |
| Operating profit (loss)9901 | €32,838 | -€522 | €3,684 | €5,574 | -€12,759 | ▼ 329% |
| Financial income75/76B | - | - | - | €0 | €0 | ▼ 90.0% |
| Recurring financial income75 | - | €3 | €0 | €0 | €0 | ▼ 90.0% |
| Financial charges65/66B | - | - | - | €62 | €129 | ▲ 108% |
| Recurring financial charges65 | €104 | €85 | €163 | €62 | €129 | ▲ 108% |
| Profit (loss) for the period before taxes9903 | €32,733 | -€605 | €3,522 | €5,513 | -€12,889 | ▼ 334% |
| Income taxes67/77 | €10,359 | -€69 | - | - | - | - |
| Profit (loss) for the period9904 | €22,374 | -€536 | €3,522 | €5,513 | -€12,889 | ▼ 334% |
| Profit (loss) for the period to be appropriated9905 | €22,374 | -€536 | €3,522 | €5,513 | -€12,889 | ▼ 334% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €37,606 | €36,048 | €40,127 | €35,625 | €45,923 | ▲ 28.9% |
| Fixed assets21/28 | €22,030 | €24,694 | €24,069 | €22,216 | €26,150 | ▲ 17.7% |
| Intangible fixed assets21 | €1,600 | €1,600 | €1,344 | €1,139 | €1,139 | = |
| Tangible fixed assets22/27 | €12,930 | €15,594 | €15,225 | €13,576 | €17,510 | ▲ 29.0% |
| Plant, machinery and equipment23 | - | - | - | €11,798 | €15,732 | ▲ 33.3% |
| Furniture and vehicles24 | - | - | - | €1,779 | €1,779 | = |
| Financial fixed assets28 | €7,500 | €7,500 | €7,500 | €7,500 | €7,500 | = |
| Current assets29/58 | €15,576 | €11,354 | €16,059 | €13,410 | €19,773 | ▲ 47.5% |
| Stocks and contracts in progress3 | €10,570 | €10,370 | €10,890 | €11,790 | €13,290 | ▲ 12.7% |
| Stocks30/36 | - | - | - | €11,790 | €13,290 | ▲ 12.7% |
| Amounts receivable within one year40/41 | €843 | €154 | €154 | €9 | €2,947 | ▲ 31,963% |
| Other amounts receivable41 | - | - | - | €9 | €2,947 | ▲ 31,963% |
| Cash at bank and in hand54/58 | €4,163 | €830 | €5,015 | €1,610 | €3,536 | ▲ 120% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €37,606 | €36,048 | €40,127 | €35,625 | €45,923 | ▲ 28.9% |
| Equity10/15 | -€138,833 | -€139,369 | -€135,847 | -€130,334 | -€143,223 | ▼ 9.9% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | = |
| Reserves13 | €27,993 | €27,993 | €27,993 | €27,993 | €27,993 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €26,133 | €26,133 | = |
| Profit (loss) carried forward14 | -€185,426 | -€185,962 | -€182,440 | -€176,928 | -€189,816 | ▼ 7.3% |
| Amounts payable17/49 | €176,438 | €175,417 | €175,974 | €165,959 | €189,145 | ▲ 14.0% |
| Amounts payable after more than one year17 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Financial debts170/4 | - | - | - | €100,000 | €100,000 | = |
| Amounts payable within one year42/48 | €76,438 | €75,417 | €75,974 | €65,959 | €89,145 | ▲ 35.2% |
| Trade debts44 | €11,922 | €28,011 | €20,324 | €11,828 | €27,251 | ▲ 130% |
| Suppliers440/4 | - | - | - | €11,828 | €27,251 | ▲ 130% |
| Taxes, remuneration and social security45 | - | - | - | €6,931 | €15,701 | ▲ 127% |
| Taxes450/3 | - | - | - | €57 | €114 | ▲ 100% |
| Remuneration and social security454/9 | - | - | - | €6,874 | €15,587 | ▲ 127% |
| Other amounts payable47/48 | - | - | - | €47,200 | €46,194 | ▼ 2.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22,374 | -€536 | €3,522 | €5,513 | -€12,889 | ▼ 334% |
| + Depreciation and write-downs630 | €9,020 | - | €1,818 | €5,324 | - | - |
| Operating cash flow (approximation) | €31,394 | -€536 | €5,340 | €10,837 | -€12,889 | ▼ 219% |
| Investment in fixed assets (approximation) | - | -€2,664 | -€1,192 | -€3,471 | -€3,934 | ▼ 13.3% |
| Change in cash | - | -€3,333 | €4,185 | -€3,404 | €1,926 | ▲ 157% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
03-10
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Brugge · event 18-09-2025
2023
05-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 66 days late
2022
31-12
Financial
Weakest financial yearnet -€12,889
Net result drops to -€12,889, the lowest in the series.
13-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 74 days late
2021
10-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 41 days late
2020
31-12
Financial
Back to profitnet €3,522
Net result €3,522 after one loss-making year.
24-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 116 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
14-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 14 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2015
17-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 17 days late
2014
26-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 26 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 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, Damme
Ground area
260 m²
Building footprint
109 m²
Volume, LiDAR
899 m³
Parcel 31006C0099/02T000, Flanders · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31006C0099/02T000 | Flanders | 260 m² | 1 · 109 m² | 11.5 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ULRICHE DE RESE VIERSCHARESTRAAT 11,
8340 DAMME |
18-09-2025 → present |
Identification & contact
Identification
Legal formPrivate limited company
Founded23-02-2010
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0823358863
Also
9925:BE0823358863
Registered
30-01-2025
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.