FRIMA
Open bankruptcySummary
A bankruptcy procedure is open for FRIMA according to publications in the Belgian State Gazette. The 2016 annual accounts show equity of €1.1m and a net result of €218,935.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Ghent, Bruges division
- Declared bankrupt
- 24 January 2019
- Supervising judge
- Paul Lambrecht
- Official Gazette
- 30-01-2019 (pdf) ↗search the document for 2019/104032
Deadlines
- Provisional date payments stopped
- 24 January 2019A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 14 February 2019Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 23 February 2019art. XX.104 and XX.155 CEL
- First verification report
- passed on 6 March 2019Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 24 January 2020Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curators
- Alex VrombautGerard Davidstraat 46 Bus 1, 8000 Bruggealex.vrombaut@phibalex.be
- Serge CartonGerard Davidstraat 46, 8000 Bruggeserge.carton@phibalex.be
On 14 January 2020 the court published a change of trustee. Who runs the file now is in that publication (reference 2020/102055) and in RegSol.That day's Gazette (pdf) ↗
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2016 was due by 31-07-2017 and was filed on 19-06-2017, 42 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?Process a list How is the Manufacture of food products sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2016, full schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€21.8m▼ 4.6%
2015 · €22.9m
EBIT margin
2.2%▼ 1.0pp
2015 · 3.2%
Net result
€218,935=
2015 · €218,935
Working capital
-€148,077
2015 · €591,170
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20122013201420152016
Turnover€23.9m-€23.9m=€23.3m▼ 2.3%€22.9m▼ 1.9%€21.8m▼ 4.6%
Operating result€398,508-€631,767▲ 58.5%€726,599▲ 15.0%€726,599=€474,563▼ 34.7%
Net result€62,025-€182,838▲ 195%€182,838=€218,935▲ 19.7%€218,935=
EBIT margin1.7%-2.6%▲ 1.0pp3.1%▲ 0.5pp3.2%▲ 0.1pp2.2%▼ 1.0pp
Equity€732,186-€915,024▲ 25.0%€915,024=€1.1m▲ 20.9%€1.1m=
Total assets€9.2m-€8.8m▼ 4.3%€8.8m▲ 1.0%€8.8m=€7.0m▼ 20.5%
Debt€8.4m-€8.0m▼ 5.5%€7.9m▼ 0.1%€7.9m=€5.9m▼ 25.8%
Working capital€2.0m-€469,009▼ 76.2%€591,170▲ 26.0%€591,170=-€148,077
Staff (FTE)126.3-122.2▼ 3.2%116.5▼ 4.7%114.6▼ 1.6%114.2▼ 0.3%
Result per fiscal year
Operating resultNet result
The operating result falls in 2016; 2016 is 35% below 2015.
Balance-sheet composition
2016 in colour, 2015 as the grey bar beneath
Assets €7.0m
Fixed assets
€3.1m ▼ 2.9%
Current assets
€3.9m ▼ 30.5%
Equity and liabilities €7.0m
Equity
€1.1m =
Provisions
€48,709 ▲ 50.2%
Debt
€5.9m ▼ 25.8%
Debt's share of the balance-sheet total falls from 87.5% to 83.6%. Debt is lower.
Key figures and ratios
EBITDA
€843,481▼
2015 · €1.1m
Cash flow
€587,853=
2015 · €587,853
Current ratio
0.96▼
2015 · 1.12
Quick ratio
0.27▼
2015 · 0.56
Debt to equity
1.92▼
2015 · 2.37
ROE
19.8%=
2015 · 19.8%
ROA
3.1%▲
2015 · 2.5%
Interest coverage
8.91▲
2015 · 2.51
Debt ≤ 1 year
€4.1m▼
2015 · €5.0m
Debt > 1 year
€2.1m▼
2015 · €2.6m
Income taxes
€146,095=
2015 · €146,095
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €23.9m | €23.9m | €23.3m | €22.9m | €21.8m | ▼ 4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €269,836 | €339,781 | €361,140 | €368,918 | €368,918 | = |
| Operating profit (loss)9901 | €398,508 | €631,767 | €726,599 | €726,599 | €474,563 | ▼ 34.7% |
| Recurring financial income75 | €28,385 | €20,415 | €4,975 | €10,173 | €10,173 | = |
| Recurring financial charges65 | €401,397 | €401,397 | €472,643 | €472,643 | €119,706 | ▼ 74.7% |
| Debt charges650 | €368,653 | €364,129 | €436,732 | €436,732 | €94,641 | ▼ 78.3% |
| Profit (loss) for the period before taxes9903 | €121,134 | €261,594 | €261,594 | €365,031 | €365,031 | = |
| Income taxes67/77 | €109,319 | €109,319 | €78,756 | €146,095 | €146,095 | = |
| Profit (loss) for the period9904 | €62,025 | €182,838 | €182,838 | €218,935 | €218,935 | = |
| Profit (loss) for the period to be appropriated9905 | €62,025 | €182,741 | €182,741 | €156,885 | €156,885 | = |
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €9.2m | €8.8m | €8.8m | €8.8m | €7.0m | ▼ 20.5% |
| Formation expenses20 | €0 | €0 | €0 | €0 | €0 | - |
| Fixed assets21/28 | €3.6m | €3.6m | €3.5m | €3.2m | €3.1m | ▼ 2.9% |
| Intangible fixed assets21 | €0 | €0 | €0 | €0 | €0 | - |
| Tangible fixed assets22/27 | €3.6m | €3.6m | €3.4m | €3.2m | €2.9m | ▼ 9.3% |
| Financial fixed assets28 | €41,700 | €41,765 | €41,777 | €241,763 | €241,768 | = |
| Current assets29/58 | €6.4m | €5.3m | €5.6m | €5.6m | €3.9m | ▼ 30.5% |
| Stocks and contracts in progress3 | €3.0m | €3.2m | €3.2m | €2.8m | €2.8m | = |
| Amounts receivable within one year40/41 | €2.6m | €2.1m | €2.6m | €2.6m | €952,545 | ▼ 63.8% |
| Current investments50/53 | €0 | €0 | - | - | - | - |
| Cash at bank and in hand54/58 | €677,376 | €64,572 | €315,777 | €315,777 | €149,638 | ▼ 52.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €9.2m | €8.8m | €8.8m | €8.8m | €7.0m | ▼ 20.5% |
| Equity10/15 | €732,186 | €915,024 | €915,024 | €1.1m | €1.1m | = |
| Contributions10/11 | €500,000 | €500,000 | €500,000 | €500,000 | €500,000 | = |
| Reserves13 | €232,186 | €415,024 | €415,024 | €606,656 | €606,656 | = |
| Profit (loss) carried forward14 | €0 | €0 | €0 | €0 | €0 | - |
| Provisions and deferred taxes16 | €8,900 | €3,690 | €12,190 | €32,433 | €48,709 | ▲ 50.2% |
| Amounts payable17/49 | €8.4m | €8.0m | €7.9m | €7.9m | €5.9m | ▼ 25.8% |
| Amounts payable after more than one year17 | €3.7m | €3.7m | €3.0m | €2.6m | €2.1m | ▼ 19.0% |
| Amounts payable within one year42/48 | €4.4m | €4.8m | €5.0m | €5.0m | €4.1m | ▼ 19.4% |
| Trade debts44 | €2.8m | €2.8m | €2.8m | €2.8m | €2.2m | ▼ 22.8% |
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €62,025 | €182,838 | €182,838 | €218,935 | €218,935 | = |
| + Depreciation and write-downs630 | €269,836 | €339,781 | €361,140 | €368,918 | €368,918 | = |
| Operating cash flow (approximation) | €331,862 | €522,619 | €543,978 | €587,853 | €587,853 | = |
| Investment in fixed assets (approximation) | - | -€339,781 | -€206,378 | -€120,934 | -€274,011 | ▼ 127% |
| Change in cash | - | -€612,805 | €251,205 | €0 | -€166,139 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
04-02
Bankruptcy
Supervising judge replaced
Ondernemingsrechtbank Gent, afdeling Brugge · event 29-01-2026
2020
21-01
Bankruptcy
Change of trustee
Ondernemingsrechtbank Gent, afdeling Brugge · event 14-01-2020
2019
30-01
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Brugge · event 24-01-2019
2017
19-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
20-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
31-12
Financial
Equity above €1mEq €1.1m ▲20.9%
4 profitable years in a row build equity to €1.1m.
10-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
23-06
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
25-06
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
26-07
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
2011
04-07
NBB filing
Annual accounts filed
fiscal year 2010 · full schema
2009
23-11
State Gazette act
Demerger · Accounting effect
Agreement · Agreement deviation · Christian Van Belle
SignalFinancial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
7 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, Oostende · 1 establishment unit since 2009
Ground area
1.2 ha
Parcel 35382D0709/00M000, Flanders. Linked by address, not a title deed.
1 establishment unit
FRIMA
since 20092.182.587.102
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35382D0709/00M000 | Flanders | 1.2 ha | - | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | ALEX VROMBAUT GERARD DAVIDSTRAAT 46 BUS 1,
8000 BRUGGE |
24-01-2019 → present |
| Curator | SERGE CARTON GERARD DAVIDSTRAAT 46, 8000 BRUGGE- |
24-01-2019 → present |
Structure & network
Connections & network
No current directors or connected companies found in the register.
Acquisitions and mergers
1 transactionReceived in a demerger part of:MCCAIN FOODS BELGIUM
Recognitions · licences · registrations
Legal Entity Identifier
549300MJ9Q23EYS63C20
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Staden
The National Bank holds 7 filings for this company, but none with figures Checked can read, so a size comparison is not possible. These companies share only the sector and the region. Of 445 companies in sector 10850 we hold annual accounts for 173. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded16-10-2009
Fiscal year end31-12
Activities, NACEBEL 2025
10850Manufacture of food products
46391Wholesale trade
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.