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Private limited companyfounded 2024active for 2 yearsRue de la Station 77, 4650 Herve, BelgiumKBO/BCE: BE 1013.699.488
Summary

FRISA has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €25,271 and a net result of €5,271. Its solvency ranks better than 15% of 38,983 sector peers (NACE 70, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

Equity
€25,271
Total assets
€307,892
Net result
€5,271
Working capital
-€9,508

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €307,892
Fixed assets €283,331
Current assets €24,561
Equity and liabilities €307,892
Equity €25,271
Debt €282,621
Debt finances 91.8% of the balance-sheet total.
Key figures and ratios
2025 value
ROE
20.9%
ROA
1.7%
Debt ≤ 1 year
€34,069
Debt > 1 year
€248,552
Income taxes
€1,959
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 36 lines
Balance sheet Code2025
Assets
Total assets20/58€307,892
Fixed assets21/28€283,331
Tangible fixed assets22/27€33,331
Furniture and vehicles24€33,331
Financial fixed assets28€250,000
Current assets29/58€24,561
Amounts receivable within one year40/41€8,939
Trade receivables40€8,939
Cash at bank and in hand54/58€14,226
Deferred charges and accrued income490/1€1,396
Equity and liabilities
Total equity and liabilities10/49€307,892
Equity10/15€25,271
Contributions10/11€20,000
Profit (loss) carried forward14€5,271
Amounts payable17/49€282,621
Amounts payable after more than one year17€248,552
Financial debts170/4€48,552
Other amounts payable178/9€200,000
Amounts payable within one year42/48€34,069
Current portion of amounts payable after more than one year42€13,609
Trade debts44€373
Suppliers440/4€373
Taxes, remuneration and social security45€6,510
Taxes450/3€6,510
Other amounts payable47/48€13,578
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,607
Other operating charges640/8€915
Gross operating margin9900€12,261
Operating profit (loss)9901€9,738
Financial charges65/66B€2,508
Recurring financial charges65€2,508
Profit (loss) for the period before taxes9903€7,230
Income taxes67/77€1,959
Profit (loss) for the period9904€5,271
Profit (loss) for the period to be appropriated9905€5,271
Appropriation of the result
Profit (loss) to be appropriated9906€5,271

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,607
Other operating charges640/8€915
Gross operating margin9900€12,261
Operating profit (loss)9901€9,738
Financial charges65/66B€2,508
Recurring financial charges65€2,508
Profit (loss) for the period before taxes9903€7,230
Income taxes67/77€1,959
Profit (loss) for the period9904€5,271
Profit (loss) for the period to be appropriated9905€5,271
Line2025
Assets
Total assets20/58€307,892
Fixed assets21/28€283,331
Tangible fixed assets22/27€33,331
Furniture and vehicles24€33,331
Financial fixed assets28€250,000
Current assets29/58€24,561
Amounts receivable within one year40/41€8,939
Trade receivables40€8,939
Cash at bank and in hand54/58€14,226
Deferred charges and accrued income490/1€1,396
Equity and liabilities
Total equity and liabilities10/49€307,892
Equity10/15€25,271
Contributions10/11€20,000
Profit (loss) carried forward14€5,271
Amounts payable17/49€282,621
Amounts payable after more than one year17€248,552
Financial debts170/4€48,552
Other amounts payable178/9€200,000
Amounts payable within one year42/48€34,069
Current portion of amounts payable after more than one year42€13,609
Trade debts44€373
Suppliers440/4€373
Taxes, remuneration and social security45€6,510
Taxes450/3€6,510
Other amounts payable47/48€13,578
Line2025
Profit (loss) for the period9904€5,271
+ Depreciation and write-downs630€1,607
Operating cash flow (approximation)€6,878

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 24-07-2026 2026-00325787

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