Frigo-Central
ActiveFrigo-Central has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €140k and a net result of €39k. Equity is growing by ~10.5% per year across the filed fiscal years. Its solvency ranks better than 79% of 1306 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
87
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability95▼-4
Solvency100▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 3.8 against 3.26 in 2023; short-term debt: 25.2% and cash: 81.7% of total assets), and 25.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Sector 52
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
33 d early
2022
33 d early
2021
30 d early
2020
15 d early
2019
15 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€140k▲ 6.9%
2023 · €131k
2018: €64k
2019: €81k
2020: €92k
2021: €121k
2022: €121k
2023: €131k
2018 → 2024
Total assets
€187k▲ 1.1%
2023 · €185k
2018: €168k
2019: €190k
2020: €204k
2021: €142k
2022: €180k
2023: €185k
2018 → 2024
Net result
€39k▼ 12.6%
2023 · €45k
2018: €550
2019: €17k
2020: €11k
2021: €29k
2022: €30k
2023: €45k
2018 → 2024
Working capital
€132k▲ 8.2%
2023 · €122k
2018: €44k
2019: €64k
2020: €74k
2021: €105k
2022: €109k
2023: €122k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€92k-€121k▲ 32.1%€121k▲ 0.2%€131k▲ 8.0%€140k▲ 6.9%
Operating result€15k-€40k▲ 173%€41k▲ 2.5%€61k▲ 48.0%€53k▼ 12.7%
Net result€11k-€29k▲ 174%€30k▲ 2.9%€45k▲ 47.5%€39k▼ 12.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 13% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €187k
Fixed assets
€8k▼ 10.9%
Current assets
€179k▲ 1.7%
Equity and liabilities €187k
Equity
€140k▲ 6.9%
Debt
€47k▼ 12.8%
The debt ratio falls from 29.2% to 25.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€57k▼
2023 · €65k
Cash flow
€43k▼
2023 · €48k
Solvency
74.8%▲
2023 · 70.8%
Current ratio
3.80▲
2023 · 3.26
Quick ratio
3.80▲
2023 · 3.26
Debt / equity
0.34▼
2023 · 0.41
ROE
27.8%▼
2023 · 34.1%
ROA
20.8%▼
2023 · 24.1%
Interest coverage
380.17▼
2023 · 389.22
Debt
€47k▼
2023 · €54k
Debt ≤ 1 year
€47k▼
2023 · €54k
Income taxes
€14k▼
2023 · €16k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€185k€187k▲
Fixed assets21/28€9k€8k▼
Tangible fixed assets22/27€9k€8k▼
Other tangible fixed assets26€9k€8k▼
Financial fixed assets28€248€248=
Current assets29/58€176k€179k▲
Amounts receivable within one year40/41€43k€24k▼
Trade receivables40€24k€5k▼
Other amounts receivable41€19k€19k=
Cash at bank and in hand54/58€131k€153k▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€185k€187k▲
Equity10/15€131k€140k▲
Contributions10/11€19k€19k=
Reserves13€113k€122k▲
Distributable reserves133€113k€122k▲
Amounts payable17/49€54k€47k▼
Amounts payable within one year42/48€54k€47k▼
Trade debts44€1k€1k▲
Suppliers440/4€1k€1k▲
Taxes, remuneration and social security45€29k€25k▼
Taxes450/3€29k€25k▼
Other amounts payable47/48€25k€21k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲
Other operating charges640/8€465€470▲
Gross operating margin9900€65k€57k▼
Operating profit (loss)9901€61k€53k▼
Financial charges65/66B€166€150▼
Recurring financial charges65€166€150▼
Profit (loss) for the period before taxes9903€61k€53k▼
Income taxes67/77€16k€14k▼
Profit (loss) for the period9904€45k€39k▼
Profit (loss) for the period to be appropriated9905€45k€39k▼
Appropriation of the result
Profit (loss) to be appropriated9906€45k€39k▼
Transfer to equity691/2€10k€9k▼
To other reserves6921€10k€9k▼
Profit to be distributed694/7€35k€30k▼
Return on contributions (dividend)694€35k€30k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €45k ▲47.5%
Operating result €61k, net result €45k, both a record.
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity quadruplescurrent ratio 6.06
Current ratio from 1.66 to 6.06; short-term debt falls from €112k to €21k.
31-12
Financial
Equity above €100kEq €121k ▲32.1%
4 profitable years in a row build equity to €121k.
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
11-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Sint-Jans-Molenbeek · 1 establishment unit since 1966
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.
Schipstraat 141080 Sint-Jans-MolenbeekGround area
196 m²
Building footprint
323 m²
Volume, LiDAR
3,918 m³
Parcel 21523B0943/00K031, Brussels · tallest building 13.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Schipstraat 14, 1080 Sint-Jans-Molenbeek
since 19662.000.882.742
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21523B0943/00K031 | Brussels | 196 m² | 1 · 323 m² | 13.2 m · 4 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.
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Of 1,030 companies in sector 52100 we hold annual accounts for 764. 443 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-01-1968
Fiscal year end31-12
Activities, NACEBEL
52100Warehousing and storage
63121
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.