Friethuis De Pitstop
ActiveSummary
Friethuis De Pitstop has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €96k and a net result of €18k. Equity is growing by ~16.1% per year across the filed fiscal years. Its solvency ranks better than 63% of 13305 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▲+7
Solvency71▲+7
Growth52=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 1.94 against 1.42 in 2024; short-term debt: 20.3% and cash: 10.1% of total assets), but 54.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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
45.6%
Return on assets
8.5%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-08-2026, 14 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 · 6 filingsDeviation from the deadline
2025
14 d late
2024
27 d late
2023
30 d late
2022
31 d late
2021
26 d late
2020
30 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€96k▲ 23.1%
2024 · €78k
2020: €43k
2021: €61k
2022: €59k
2023: €63k
2024: €78k
2020 → 2025
Total assets
€211k▲ 5.3%
2024 · €200k
2020: €222k
2021: €232k
2022: €202k
2023: €191k
2024: €200k
2020 → 2025
Net result
€18k▲ 18.3%
2024 · €15k
2020: €38k
2021: €18k
2022: €-2k
2023: €4k
2024: €15k
2020 → 2025
Working capital
€40k▲ 162%
2024 · €15k
2020: €-16k
2021: €-19k
2022: €-12k
2023: €5k
2024: €15k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€61k-€59k▼ 3.1%€63k▲ 6.7%€78k▲ 24.2%€96k▲ 23.1%
Operating result€38k-€10k▼ 73.0%€16k▲ 55.0%€32k▲ 100%€40k▲ 26.8%
Net result€18k-€-2k€4k€15k▲ 283%€18k▲ 18.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 27% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €211k
Fixed assets
€128k ▼ 13.8%
Current assets
€83k ▲ 59.7%
Equity and liabilities €211k
Equity
€96k ▲ 23.1%
Debt
€115k ▼ 6.0%
Debt's share of the balance-sheet total falls from 61.0% to 54.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€65k▲
2024 · €56k
Cash flow
€43k▲
2024 · €39k
Current ratio
1.94▲
2024 · 1.42
Quick ratio
1.89▲
2024 · 1.35
Debt to equity
1.19▼
2024 · 1.56
ROE
18.7%▼
2024 · 19.5%
ROA
8.5%▲
2024 · 7.6%
Interest coverage
7.19▲
2024 · 5.19
Debt ≤ 1 year
€43k▲
2024 · €37k
Debt > 1 year
€72k▼
2024 · €85k
Income taxes
€16k▲
2024 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€200k€211k▲
Fixed assets21/28€148k€128k▼
Tangible fixed assets22/27€148k€127k▼
Land and buildings22€114k€105k▼
Plant, machinery and equipment23€7k€9k▲
Furniture and vehicles24€6k€4k▼
Leasing and similar rights25€20k€9k▼
Financial fixed assets28€266€266=
Current assets29/58€52k€83k▲
Stocks and contracts in progress3€2k€2k▼
Stocks30/36€2k€2k▼
Amounts receivable within one year40/41€42k€59k▲
Other amounts receivable41€42k€59k▲
Cash at bank and in hand54/58€8k€21k▲
Deferred charges and accrued income490/1-€520
Equity and liabilities
Total equity and liabilities10/49€200k€211k▲
Equity10/15€78k€96k▲
Contributions10/11€500€500=
Reserves13€50€96k▲
Non-distributable reserves130/1€50€50=
Reserves not available under the articles1311€50€50=
Distributable reserves133-€96k
Profit (loss) carried forward14€78k€0▼
Amounts payable17/49€122k€115k▼
Amounts payable after more than one year17€85k€72k▼
Financial debts170/4€85k€72k▼
Amounts payable within one year42/48€37k€43k▲
Current portion of amounts payable after more than one year42€17k€13k▼
Trade debts44€11k€8k▼
Suppliers440/4€11k€8k▼
Taxes, remuneration and social security45€8k€22k▲
Taxes450/3€8k€22k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€25k▲
Other operating charges640/8€4k€3k▼
Gross operating margin9900€60k€68k▲
Operating profit (loss)9901€32k€40k▲
Financial income75/76B€75€3k▲
Recurring financial income75€75€3k▲
Financial charges65/66B€11k€9k▼
Recurring financial charges65€11k€9k▼
Profit (loss) for the period before taxes9903€21k€34k▲
Income taxes67/77€6k€16k▲
Profit (loss) for the period9904€15k€18k▲
Profit (loss) for the period to be appropriated9905€15k€18k▲
Appropriation of the result
Profit (loss) to be appropriated9906€78k€96k▲
Profit (loss) brought forward from the previous period14P€62k€78k▲
Transfer to equity691/2-€96k
To other reserves6921-€96k
The notes to these accounts (11 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
14-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 14 days late
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 27 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 1.19
Current ratio from 0.59 to 1.19; short-term debt falls from €29k to €25k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €-2k ▼111%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 26 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Aalst · 1 establishment unit since 2012
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.
Hofmeers 29308 AalstGround area
458 m²
Building footprint
182 m²
Volume, LiDAR
1,067 m³
2 parcels, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FRIETHUIS DE PITSTOP
since 20122.214.098.640
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41029C0414/00B002 | Flanders | 278 m² | 1 · 96 m² | 7.6 m · 2 fl. |
| 23044A0691/00C002 | Flanders | 181 m² | 1 · 85 m² | 10.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 siteLiedekerke2.214.098.640
Similar companies · same sector, comparable size
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BE 0829.682.273
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Duhamel.S
BE 0768.770.728
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TEXHAL
BE 0767.612.864
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Euro Catering Concepts
BE 0883.903.491
Antwerpen · Eq €95,915
Of 21,888 companies in sector 56112 we hold annual accounts for 9,780. 7,871 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-11-2012
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.