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FRIGO STAR & services

Active
Private limited company (pre-2019)founded 201016 yrs activeRue Saint Laurent 7, 7170 Manage, BelgiumKBO/BCE: BE 0825.555.518

FRIGO STAR & services has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €94k and a net result of €38. Equity is growing by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 76% of 391 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
72 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability55▼-13
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 4.49 against 5.76 in 2024; short-term debt: 22.3% and cash: 3.8% of total assets), and 22.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 16 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
77.7%
Return on assets
0%
Age of the figures
12 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 24-04-2026, 6 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
6 d early
2024
5 d early
2023
on the day
2022
24 d early
2021
2 d late
2020
on the day
2019
28 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
23-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€94k=
2024 · €94k
2018: €56k 2019: €71k 2020: €77k 2021: €88k 2022: €93k 2023: €94k 2024: €94k
2018 → 2025
Total assets
€121k▲ 6.4%
2024 · €113k
2018: €134k 2019: €153k 2020: €168k 2021: €187k 2022: €140k 2023: €146k 2024: €113k
2018 → 2025
Net result
€38
2024 · €-693
2018: €3k 2019: €15k 2020: €7k 2021: €10k 2022: €6k 2023: €1k 2024: €-693
2018 → 2025
Working capital
€94k▲ 0.3%
2024 · €93k
2018: €53k 2019: €62k 2020: €76k 2021: €84k 2022: €91k 2023: €93k 2024: €93k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€88k-€93k▲ 6.6%€94k▲ 1.2%€94k▼ 0.7%€94k=
Operating result€16k-€10k▼ 36.4%€3k▼ 67.7%€502▼ 84.4%€1k▲ 127%
Net result€10k-€6k▼ 42.7%€1k▼ 79.9%€-693€38
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-5k€0€5k€10k€15kOperating result 2021: €16k€16kNet result 2021: €10k€10kOperating result 2022: €10k€10kNet result 2022: €6k€6kOperating result 2023: €3k€3kNet result 2023: €1k€1kOperating result 2024: €502€502Net result 2024: €-693€-693Operating result 2025: €1k€1kNet result 2025: €38€3820212022202320242025
The operating result recovers in 2025; 2025 is 127% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €121k
Fixed assets €63▼ 80.0%
Current assets €121k▲ 6.7%
Equity and liabilities €121k
Equity €94k=
Debt €27k▲ 36.9%
The debt ratio rises from 17.3% to 22.3%. Debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€1k
2024 · €3k
Cash flow
€288
2024 · €2k
Solvency
77.7%
2024 · 82.7%
Current ratio
4.49
2024 · 5.76
Quick ratio
3.23
2024 · 3.99
Debt / equity
0.29
2024 · 0.21
ROE
0.0%
2024 · -0.7%
ROA
0.0%
2024 · -0.6%
Interest coverage
4.34
2024 · 11.04
Debt
€27k
2024 · €20k
Debt ≤ 1 year
€27k
2024 · €20k
Income taxes
€783
2024 · €888
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€113k€121k
Formation expenses20-€0
Fixed assets21/28€313€63
Tangible fixed assets22/27€313€63
Furniture and vehicles24€313€63
Current assets29/58€113k€121k
Stocks and contracts in progress3€35k€34k
Stocks30/36€35k€34k
Amounts receivable within one year40/41€76k€82k
Trade receivables40€75k€80k
Other amounts receivable41€536€2k
Cash at bank and in hand54/58€3k€5k
Equity and liabilities
Total equity and liabilities10/49€113k€121k
Equity10/15€94k€94k=
Contributions10/11€6k€6k=
Reserves13€12k€12k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€10k€10k=
Profit (loss) carried forward14€76k€76k
Amounts payable17/49€20k€27k
Amounts payable within one year42/48€20k€27k
Trade debts44€15k€18k
Suppliers440/4€15k€18k
Taxes, remuneration and social security45€888€783
Taxes450/3€888€783
Other amounts payable47/48€4k€8k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€250
Other operating charges640/8€340€2k
Gross operating margin9900€4k€3k
Operating profit (loss)9901€502€1k
Financial income75/76B€1-
Recurring financial income75€1-
Financial charges65/66B€309€321
Recurring financial charges65€309€321
Profit (loss) for the period before taxes9903€194€821
Income taxes67/77€888€783
Profit (loss) for the period9904€-693€38
Profit (loss) for the period to be appropriated9905€-693€38
Appropriation of the result
Profit (loss) to be appropriated9906€76k€76k
Profit (loss) brought forward from the previous period14P€76k€76k

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
24-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial Back to profitnet €38
Net result €38 after one loss-making year.
25-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial Weakest financial yearnet €-693 ▼160%
Net result drops to €-693, the lowest in the series; recovery starts the following year.
30-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
06-04
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
02-05
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
30-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
28-05
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
30-09
Financial Highest result since 2018net €15k ▲414%
Operating result €22k, net result €15k, both a record.
11-04
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
20-04
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
24-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 85 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 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, Manage · 1 establishment unit since 2010
establishment The establishment unit on the map
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.

Rue Saint Laurent 77170 Manage
Ground area
2.2 ha
Building footprint
119 m²
Parcel 52043A0037/00G002, Wallonia. Linked by address, not a title deed.
1 establishment unit
FRIGO STAR & Services
Rue Saint Laurent 7, 7170 ManageManufacture of metal structures and parts of structures
since 20102.187.461.252
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
52043A0037/00G002 Wallonia 2.2 ha 1 · 119 m² -
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.

Similar companies · same sector, comparable size

Of 462 companies in sector 28250 we hold annual accounts for 285. 203 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded03-05-2010
Fiscal year end30-09
Activities, NACEBEL
28250Manufacture of machinery and equipment not elsewhere classified
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers

Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.