Turnover
The micro format states no turnover.
The micro format states no turnover.
Of this, €412,114 falls due within a year.
A director left. Latest change 08-07-2026 · 1 in office.
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).
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).
In July 2024, 1,514 companies had the same profile as FRIETLOFT has now. Each dot stands for 4 companies, two years later.
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.
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.
| 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.
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.
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.
| 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.
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.
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.
| Line | Trend | 2026 |
|---|---|---|
| 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 | ||
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.
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 |
| Line | Trend | 2026 |
|---|---|---|
| 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.
| Item | 31-03-2026 |
|---|---|
| Tangible fixed assets | €1.2m |
| Intangible fixed assets | €50,000 |
| €197,523 |
Source: notes to the 2026 annual accounts (statement of fixed assets)
Debt's share of the balance-sheet total is 97.6%.
FRIETLOFT has no parent and no holdings in its annual accounts. BRION Michelle is the only director. FRIETLOFT shares no director with another company.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
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
| Establishment | Since | Unit number | FASFC approval |
|---|---|---|---|
| Mechelsesteenweg 214 registered office 9200 Dendermonde | 11-06-2024 | 2.360.949.613 | Restaurant |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 42006E0147/00S000 | 1,113 m² | 1 · 180 m² | 10.2 m · 2 |
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