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FRIETLOFT

Active Private limited companyfounded 2024active for 2 yearsMechelsesteenweg 214, 9200 DendermondeKBO/BCE: BE 1010.255.196 #6 company by total assets in Dendermonde, Accommodation and food service sector

Overview

Lifetime

1 annual account with figures
peak €321,739 (2026)
€321,739 
peak €17,963 (2026)
€17,963 
peak €27,963 (2026)
€27,963 
€1.1m 
Board2 names since 2024
1 directorBRION Michelle
Documentsfilings and deeds
02-11-20262 days late
2026micro format
Resignation: CLAUS STEVE (director) 11-09First year with figures

Key points

from the 2026 annual accounts

Turnover

≈ €930,000 estimated

The micro format states no turnover.

Debts

€1.1m 98% of the balance sheet
Financial debts 63%Suppliers 2%Taxes and wages 0%Other 35%

Of this, €412,114 falls due within a year.

Board

1 left

A director left. Latest change 08-07-2026 · 1 in office.

2026 accounts filed 2 days after the deadline

Checked score

62
Healthy
Financially stronger than 32% of micro companies in food and beverage service (NACE 56)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 1.8% across 23,796 companies (NACE 56, micro).

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 07-2025: 3.9% 08-2025: 4.0%▲ +0.1 percentage points vs 07-2025 09-2025: 4.1%▲ +0.1 percentage points vs 08-2025 10-2025: 4.6%▲ +0.5 percentage points vs 09-2025 11-2025: 4.6%● unchanged vs 10-2025 12-2025: 4.9%▲ +0.3 percentage points vs 11-2025 01-2026: 5.3%▲ +0.4 percentage points vs 12-2025 02-2026: 5.3%● unchanged vs 01-2026 03-2026: 5.2%▼ -0.1 percentage points vs 02-2026 04-2026: 5.1%▼ -0.1 percentage points vs 03-2026 05-2026: 5.5%▲ +0.4 percentage points vs 04-2026 06-2026: 5.6%▲ +0.1 percentage points vs 05-2026 07-2026: 5.6%● unchanged vs 06-2026highest value 08-2026: 5.6%● unchanged vs 07-2026highest value 09-2026: 5.6%● unchanged vs 08-2026highest value 10-2026: 5.6%● unchanged vs 09-2026highest value 11-2026: 1.6%▼ -4.0 percentage points vs 10-2026lowest value

Financial strength
Weak

27equity 2.4% of total assets
41short-term debt 35.9% · cash 5.6%
47return on assets 1.6%

Score breakdown

raises risk
Sector: Food and beverage service activities (NACE 56)
Founded in 2024
Equity €27,963 (2.4% of total assets)
lowers risk
Size: total assets €1.1m
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 56, micro). It does better than 27% of them on solvency, 36% on liquidity and 34% on profitability.

The bankruptcy probability was computed on 07-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-03-2026.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 1,514 companies had the same profile as FRIETLOFT has now. Each dot stands for 4 companies, two years later.

95.8%
were still trading
1.5%
stopped another way
2.4%
went bankrupt
  • Small
  • 2 to 5 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of FRIETLOFT itself: 1.6% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,514 companies, not a prediction for FRIETLOFT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €1,500 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.28, below 1. Short-term debt is 35.9% and cash 5.6% of total assets. 97.6% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

Five signals.
lowers riskraises risk
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: total assets €1.1m
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 · Equity €27,963 (2.4% of total assets)
NBB · annual accounts
raises risk · 2026 accounts filed 2 days late
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 02-11-2026, 2 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2026
2 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Board and ownership

BM
Director, since 11-06-2024
  • CLAUS Steve Charles 50 sharesdeed of 13-06-2024
  • BRION Michelle 50 sharesdeed of 13-06-2024
  • CLAUS Steve 50 sharesdeed of 13-06-2024
Board & ownership

Recent changes

Resignation: CLAUS STEVE (director) General meeting of 27-08-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:1010255196
Incorporation Appointments: CLAUS Steve Charles (director) and BRION Michelle (director) · Founder: CLAUS Steve Charles · Founder: BRION Michelle · published on 13-06-2024 · Gazette deed
First establishment Mechelsesteenweg 214, Dendermonde
All 5 events

Comparable companies

same main activity, similar in size and age
Company
FRIETLOFT Dendermonde €1.1m €321,739 2.4% -
CELELO Eeklo €1.5m €233,171 11.4% -
ORA INVEST Brussels €0.9m €254,942 9.9% -
et CLAIRE Oudaan Antwerp €1.0m €402,106 -6.3% -
Black GDO Molenbeek-Saint-Jean €1.0m €337,717 -1.7% 11
SIX ITALIAN FOOD BELGIUM Brussels €1.5m €421,967 26.3% -
TRH Wingene €1.0m €461,707 -1.2% -

These companies have the same main activity as FRIETLOFT: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €901,000 and €1.5m, founded between 2023 and 2025.

Official details

Source: KBO
Status
Active since 11-06-2024Normal situation
Activity
Limited-service restaurants, excluding mobile food servicesNACE 56112and 2 others
Establishment unit
2.360.949.6139200 Dendermonde, since 11-06-2024
Financial year end
31 March
Peppol
Reachable since 08-09-2025
Company details

Annual accounts to 31-03-2026

€321,739
€17,963
€27,963
€1.1m
Filing
Filed on 02-11-2026
Financials

Insights on FRIETLOFT

The computed 12-month bankruptcy probability of FRIETLOFT is 1.6% (moderate). The 2026 annual accounts show equity of €27,963 and a net result of €17,963.

Its solvency ranks better than 29% of 393 sector peers (NACE 56, financial year 2026). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2026

micro format, filed on 02-11-2026, 2 days late
€321,739
€118,496
€17,963
-€298,568
2.4%
0.28

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €930,000. Estimated: probably between €770,000 and €1.0m.

Balance sheet

balance sheet total €1.1m on 31-03-2026
What the company ownsHow it is paid for

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2026
Balance sheet: assets
20/58 1.1m
21/28 1.0m
21 32,223
22/27 1.0m
22 675,741
23 13,010
24 11,921
26 300,953
29/58 113,547
3 39,847
30/36 39,847
40/41 8,068
41 8,068
54/58 63,729
490/1 1,902
Balance sheet: equity and liabilities
10/49 1.1m
10/15 27,963
10/11 10,000
14 17,963
17/49 1.1m
17 704,700
170/4 704,700
42/48 412,114
42 51,244
44 22,321
440/4 22,321
45 147
450/3 147
47/48 338,402
492/3 2,617
Income statement
9900 321,739
630 197,523
640/8 3,970
66A 1,750
9901 118,496
75/76B 77
75 77
65/66B 100,463
65 100,463
9903 18,110
67/77 147
9904 17,963
9905 17,963
Appropriation of the result
9906 17,963
Document PDF

The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2026 at the NBB, filed on 02-11-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2026 annual accounts filed 2 days after the deadline. Filed on 2 November 2026, deadline 31 October 2026 (7 months after the close on 31 March 2026, Companies Code art. 3:10). Source: NBB, 2026-00598820.

Financial year Type Filed Reference Document
31-03-2026 micro format 02-11-2026 2026-00598820 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2026
316,018
215,486
1.2m
-298,568
2.4%
0.28
0.18
40.03
64.2%
1.6%
3.15

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item31-03-2026
Tangible fixed assets€1.2m
Intangible fixed assets€50,000
€197,523

Source: notes to the 2026 annual accounts (statement of fixed assets)

Insights on FRIETLOFT

Debt's share of the balance-sheet total is 97.6%.

Board & ownership

Board

1 director, no change since July 2026
Director (not named in the articles)
since 11-06-2024 term without a fixed end
listed in the 2026 annual accounts, filed on 02-11-2026

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
BRION Michelle
Director (not named in the articles)
CLAUS Steve Charles
Director (not named in the articles)
BoardEarlier
Mandates as a list
  • BRION Michelle
    • Director (not named in the articles), from 11-06-2024 to date
  • CLAUS Steve Charles
    • Director (not named in the articles), appointed by deed of 13-06-2024, until 08-07-2026

See the board, name and registered office on a given date →

Control

Founders
This company
FRIETLOFT
Equity €27,963
Profit €17,963 in 2026

Capital

Contribution
€10,000
Shares
100
Contribution per share
€100
Equity per share
€280 in 2026
Source
deed of 13-06-2024

Articles of association

deed of 13-06-2024 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
“Op naam, ingeschreven in register van aandelen op naam met WVV-vermeldingen”
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Alle procedure- en expertisekosten voor helft ten laste overdrager en helft ten laste koper(s) naar evenredigheid verworven aantal bij meer…”
Share issue ruleThe articles set how and by whom new shares are issued.
“Ten minste vijftien dagen te rekenen van dag openstelling intekening, uitgifte met voorkeurrecht en termijn aangekondigd in bericht bij…”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last day of September at 10:00

Shareholders

At incorporation deed of 13-06-2024 ↗

Network & group

No group

FRIETLOFT has no parent and no holdings in its annual accounts. BRION Michelle is the only director. FRIETLOFT shares no director with another company.

Timeline

Timeline

5 events since 2024
2026
Annual accounts 2026 filed NBBmicro format · 2 days late
Resignation: CLAUS STEVE (director)General meeting of 27-08-20262 points ▸
  • General meeting, 27-08-2026
  • Director resignation, CLAUS STEVE

Open the deed in the Belgian Official Gazette

2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1010255196
2024
IncorporationAppointments: CLAUS Steve Charles (director) and BRION Michelle (director) · Founder: CLAUS Steve Charles · Founder: BRION Michelle · published on 13-06-20249 points ▸

Open the deed in the Belgian Official Gazette

First establishment Mechelsesteenweg 214, Dendermonde

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 11 June 2024, FRIETLOFT was incorporated as a private limited company by three natural persons, with a starting capital of €10,000.12 BRION Michelle has served as director since 2024.3 The company has filed annual accounts once, for financial year 2026.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 13-06-2024
  3. 3National Bank, annual accounts 2026

Company details

Identity

Enterprise number
1010.255.196
VAT number
BE 1010.255.196
Peppol ID
0208:1010255196
Other Peppol ID
9925:BE1010255196
Legal form
Private limited company
Status
Active, normal situation
Founded
11-06-2024
Financial year
ends on 31 March
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last day of September at 10:00
deed of 13-06-2024 (in Dutch)
Peppol
Reachable since 08-09-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
FRIETLOFT in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 13-06-2024 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 13-06-2024 (in Dutch)

Activities

NACEBEL 2025
Codes under NACEBEL 2008
56102 Limited-service restaurants main activity
56210 Catering
77299 Rental and leasing activities
PurposeThe purpose describes the activities the company may carry out under its articles.
“De uitbating van een frituur, de aan- en verkoop, met of zonder bediening of verbruik ter plaatse, van frieten, alle aardappelbereidingen…”
5 activities
  1. De uitbating van een frituur, de aan- en verkoop, met of zonder bediening of verbruik ter plaatse, van frieten, alle aardappelbereidingen, alle rijstbereidingen, alle deegwarenbereidingen, alle vlees- en visbereidingen, koude schotels, belegde broodjes, kleine snacks, dit alles met bijhorende sausen en kruiden, alsook frisdranken en andere dranken.
  2. De verkoop via telefoon, fax of internet van eetwaren en dranken.
  3. Het uitbaten van een frietkraam, snackbar, hotdogkraam, enz.
  4. Het aan huis bezorgen van maaltijden.
  5. De verhuur van horecamateriaal.
deed of 13-06-2024 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit numberFASFC approval
Mechelsesteenweg 214 registered office 9200 Dendermonde 11-06-2024 2.360.949.613 Restaurant

Buildings and parcels at the address

Ground area
1,113 m²
Buildings
180 m²
Volume, LiDAR
1,091 m³
Tallest building
10.3 m
Buildings to scale, each on its own parcel
180 m², 10.2 m 180 m², 10.2 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
42006E0147/00S0001,113 m² 1 · 180 m² 10.2 m · 2

Recognitions

Food safety, FASFC

1 site
Dendermondeunit number 2.360.949.613
1 permission
Authorisation · Restaurant · since 10-07-2024

Source: FAVV-AFSCA, open data, updated on 26-10-2026

Contact

E-mail michellebrion@msn.com establishment in Dendermonde
Phone +32 494 86 40 71 establishment in Dendermonde