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 39,184 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.
Overview
Activity
Business and other management consultancy
NACE 70200
1 site
Size
≈ €57,000turnover 2025, estimated
- Equity
- €25,271
- Profit
- €5,271
Turnover estimated from the gross margin
Financial health
Holding: outside the score modelBankruptcy probability: sector outside the model
Structure
2025 accounts 7 days early
Signalsraises riskYoung companyneutralLatest accounts filed on timeShow the evidence
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
Bankruptcy probability, 12 months
This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.
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Signals
Two signals.
raises riskneutral
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-07-2026, 7 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
7 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationPermanent representative: GATHON Frédéric ·…
Financials · financial year 2025, micro format
Turnover
≈ €57,000
Estimated: probably between €26,000 and €120,000
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. The turnover shown is an estimate from the gross margin.
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
ROE
20.9%
ROA
1.7%
Debt ≤ 1 year
€34,069
Debt > 1 year
€248,552
Income taxes
€1,959
Annual accounts
| Line | 2025 |
|---|---|
| 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 |
| Line | 2025 | |
|---|---|---|
| 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 | |
| Line | 2025 |
|---|---|
| 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.
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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Of the 82,516 active companies whose main activity is business and other management consultancy (NACE 70200), figures are known for 54,493. 34,595 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
No sitting directors in the Gazette act read. See the directors and other office holders in the KBO →
Owners and capital
Capital and shareholders
Shareholders according to the deeds
At incorporation
act of 19-09-2024 ↗
- GATHON Frédéric 51 shares (51%)
- DECLOUX Isabelle 49 shares (49%)
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 19-09-2024 Incorporation · €20,000 · 100 shares
Group and network
Connections & network
The board mandates are listed below; here you explore them as a network.
This company
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Shareholding
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Board mandates elsewhere
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
History
Acts, filings and financial milestones
2026
24-07
NBB filing
Annual accounts filed
financial year 2025 · micro format
2024
19-09
Gazette deed
IncorporationPermanent representative: GATHON Frédéric · Founder · Founding capital7 facts ▸
Gazette deed
Incorporation
Permanent representative: GATHON Frédéric · Founder · Founding capital7 facts ▸
- Incorporation, “FRISA” (deed in French)
- Founder, GATHON Frédéric
- Founder, DECLOUX Isabelle
- Founding capital, €20,000
- Other provision, “arrêtstatuts, comparantsontdéclaréarrêterstatuts” (deed in French)
- Other provision, “premier exercice et première AG, comparants unanimité” (deed in French)
- Permanent representative, GATHON Frédéric
Gazette deedNBB filing
1 of 1 deed read
Register details
Identification
Legal formPrivate limited company
Founded17-09-2024
Financial year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:1013699488
Registered
06-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Herve · 1 establishment unit since 2024
Ground area
196 m²
Building footprint
65 m²
Building volume
707 m³
Parcel 63035A0032/00K003, Wallonia · tallest building 13.0 m. Linked by address, not a title deed.
1 establishment unit
FRISA
since 2024unit no. 2.366.433.576
1 parcel
Wallonia
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 63035A0032/00K003indicative | Wallonia | 196 m² | 1 · 65 m² | 13.0 m · 4 |
How the parcels are linked
Good to know
0 of 1 parcel with an exact address match; the rest are indicative.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Touteactivitédemanagement; Elleacquierra100%desactionsdelaSAJean-MarieSTRAETENdanslaquelleelleexerceraunmandatdadministration…” (deed in French)
9 activities (deed in French)
- Touteactivitédemanagement
- Elleacquierra100%desactionsdelaSAJean-MarieSTRAETENdanslaquelleelleexerceraunmandatdadministration
- Activitésdeconseiletdegestionenmatièrefinancièretechniquecommercialeouadministrativeausenslargelassistanceetlafournituredeservicesdirectementouindirectementdanslesdomainesadministratifsetfinancierdanslesventesdeserviceslachatdematériellaproductionetlagestionengénéral
- Lemanagementdesociétés
- Ledéveloppementdeprojetsindustrielscommerciauxetfinanciers
- Achet etventedetoutesvaleursmobilièresetplusparticulièrementdactionsobligationsoutitregénéralementquelconquescotésounonenBourselaprisedeparticipationfinancièremajoritaireounondansdessociétésayantounonunerelationavecsonobjetsocialquellessoientdedroitbelgeouétranger
- Toutesopérationscommercialesindustriellesfinancièresmobilièresouimmobilièresserapportantdirectementouindirectementàsonobjet
- Sintéresserpartoutesvoiesdanstoutessociétésassociationsouentreprisesayantunobjetsimilaireouconnexeausienoususceptibledefavoriserledéveloppementdesesactivités
- Êtreadministrateurgérantouliquidateur
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- FRISA
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- One provision in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of June at 17:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Décision assemblée générale formes modifications statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed