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FRILIN

Active Private limited companyfounded 2013active for 13 yearsKaaskerkestraat 102, 8600 DiksmuideKBO/BCE: BE 0524.676.958 #6 company by total assets in Diksmuide, Accommodation and food service sector

Lifetime

11 annual accounts with figures on one time axis
peak €142,686 (2021)
€78,630▲ 7.4%
lowest -€35,808 (2022)
€4,506▲ 168%
peak €98,077 (2021)
€68,459▲ 7.0%
€2.3m▲ 75.0%
peak 1.5 FTE (2019)
1 FTE 
Board4 names since 2021
3 directors and 2 others
Documentsfilings and deeds
06-02-2026190 days late
2024abbreviated format
Result from €1,684 to €4,506Debts from €1.3m to €2.3m

Key points

from the 2024 annual accounts

Debts

€2.3m 97% of the balance sheet
Financial debts 52%Suppliers 5%Taxes and wages 0%Other 42%

Of this, €1.1m falls due within a year.

Staff

1 employees on 31-12-2024
2828202110510520221111112024

In 2024, 111 short contracts started and 111 ended, on average 19 hours worked per contract. Staff averaged 1 full-time equivalent.

Filings

11 annual accounts 107 days past the deadline
AprilJune31 JulyOctober20152020

2025 accounts not filed: deadline was 31-07-2026.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,375 companies had the same profile as FRILIN has now. Each dot stands for 4 companies, two years later.

95.9%
were still trading
1.6%
stopped another way
2.2%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet

Another 0.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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 2.9% 3.1%
10 5.6% 6.1%

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 1,375 companies, not a prediction for FRILIN. 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

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

Signals

Board and ownership

Director
Director
Director
Board & ownership

Recent changes

Registered office moved within Diksmuide New registered office: Kaaskerkestraat 102, 8600 Diksmuide · Previous registered office: Veurnestraat 46 bus A, 8600 Diksmuide · Board meeting of 30-06-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0524676958
New establishment in Diksmuide Maison Siesie, Kaaskerkestraat 102
Environmental permit granted Verbouwen / Wijzigen Infrastructuur · Diksmuide
All 27 events

Comparable companies

same main activity, similar in size and age
Company
FRILIN Diksmuide €2.4m €78,630 2.9% 1
Centomente Peer €4.3m €103,683 76.5% 1.2
ESTAMINET Bruges €1.3m €173,849 28.0% 0.9
W.J. Hasselt €1.9m €164,577 50.9% 0.5
DANISACO Kasterlee €1.4m €75,626 6.2% 0
JENA TENNIS GO Liège €1.7m €173,074 67.1% 2.4
RETRO PATAT Lommel €1.5m €189,353 11.6% 1.8

These companies have the same main activity as FRILIN: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €1.3m and €4.3m, founded between 2007 and 2014.

Official details

Source: KBO
Status
Active since 20-03-2013Normal situation
Activity
Limited-service restaurants, excluding mobile food servicesNACE 56112
Establishment units
2.217.819.7778600 Diksmuide, since 01-07-2013
2.372.022.0638600 Diksmuide, since 06-03-2025
Financial year end
31 December
Peppol
Reachable since 08-01-2026
Company details

Annual accounts 2024

≈ €280,000estimated
€2.4m▲ 71.9%
Employeeson 31-12-2024
1▼ 50.0%
Filing
Filed on 06-02-2026
Financials

Insights on FRILIN

FRILIN files the abbreviated format. That format states no turnover. The gross margin rose from €44,700 in 2014 to €78,630 in 2024.

The balance sheet grew most from 2022 to 2024 through fixed assets, financed with long-term debt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about FRILIN

What is the company number of FRILIN?
The company number of FRILIN is 0524.676.958. The VAT number is the same number with BE in front: BE 0524.676.958.
Where is FRILIN based?
The registered office is at Kaaskerkestraat 102, 8600 Diksmuide.Company details
What does FRILIN do?
According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
What is the legal form of FRILIN?
FRILIN is a private limited company (BV).
When was FRILIN founded?
FRILIN was founded on 20-03-2013.
Is FRILIN still active?
Yes, FRILIN is an active enterprise in the KBO register.
How many employees does FRILIN have?
FRILIN had an average of 1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of FRILIN?
The turnover in financial year 2024 is ≈ €280,000. This figure is estimated from the gross margin of €78,630 and 115 comparable companies (NACE 56112). It probably lies between €210,000 and €350,000.
Is FRILIN profitable?
In financial year 2024, FRILIN made a profit of €4,506.
Where can I find the annual accounts of FRILIN?
FRILIN filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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