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Frisco

Active
Private limited companyfounded 20223 yrs activeVliegweg 23, 8020 Oostkamp, BelgiumKBO/BCE: BE 0795.307.651
Summary

Frisco has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €4.1m and a net result of €4.3m. Its solvency ranks better than 47% of 8112 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability100▲+70
Solvency76▲+53
Growth78
Track record94
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €320,000 at 30 days acceptable
Liquidity ample (current ratio 3.44 against 0.09 in 2023; short-term debt: 1.2% and cash: 0.3% of total assets), and 49.2% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
50.8%
Return on assets
53.2%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
30 d early
2023
23 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 27 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
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

History

Frisco was incorporated on 23 December 2022 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, abbreviated schema

Equity
€4.1m
2023 · -€187,364
Total assets
€8.0m▲ 3.6%
2023 · €7.7m
Net result
€4.3m
2023 · -€237,364
Working capital
€228,328
2023 · -€446,495
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result-€6,462-€145,083
Net result-€237,364below the sector's middle half-€4.3mabove the sector's middle half
Equity-€187,364below the sector's middle half-€4.1mabove the sector's middle half
Total assets€7.7mabove the sector's middle half-€8.0mabove the sector's middle half▲ 3.6%
Debt€7.9m-€3.9m▼ 50.3%
Working capital-€446,495below the sector's middle half-€228,328within the sector's middle half
Solvency-2.4%below the sector's middle half-50.8%within the sector's middle half▲ 53.3pp
Current ratio0.09below the sector's middle half-3.44within the sector's middle half▲ 3.35
Return on assets (ROA)-3.1%below the sector's middle half-53.2%above the sector's middle half▲ 56.3pp
Staff (FTE)4.6above the sector's middle half
above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€2.0m€0€2.0m€4.0mOperating result 2023: -€6,462-€6,462Net result 2023: -€237,364-€237,364Operating result 2024: €145,083€145,083Net result 2024: €4.3m€4.3m20232024-€2m€0€2m€4mOperating result 2023: -€6,462-€6,460Net result 2023: -€237,364-€237,000Operating result 2024: €145,083€145,000Net result 2024: €4.3m€4.3m20232024
The operating result returns to profit in 2024: €145,083 after a loss of €6,462 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €8.0m
Fixed assets €7.7m =
Current assets €321,763 ▲ 624%
Equity and liabilities €8.0m
Equity €4.1m
Debt €3.9m
Debt finances 49.2% of the balance-sheet total.
Key figures and ratios
2024 value · change against 2023
Debt to equity
0.97▲
2023 · -42.17
ROE
104.6%
Debt ≤ 1 year
€93,436▼
2023 · €490,954
Debt > 1 year
€3.8m▼
2023 · €7.2m
Staff costs
€269,106
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 43 lines
Balance sheet Code20232024
Assets
Total assets20/58€7.7m€8.0m▲
Fixed assets21/28€7.7m€7.7m=
Financial fixed assets28€7.7m€7.7m=
Current assets29/58€44,459€321,763▲
Amounts receivable within one year40/41-€296,745
Trade receivables40-€217,891
Other amounts receivable41-€78,855
Cash at bank and in hand54/58€44,459€21,247▼
Deferred charges and accrued income490/1-€3,771
Equity and liabilities
Total equity and liabilities10/49€7.7m€8.0m▲
Equity10/15-€187,364€4.1m▲
Contributions10/11€50,000€50,000=
Reserves13-€4.0m
Distributable reserves133-€4.0m
Profit (loss) carried forward14-€237,364€0▲
Amounts payable17/49€7.9m€3.9m▼
Amounts payable after more than one year17€7.2m€3.8m▼
Financial debts170/4€7.2m€3.8m▼
Amounts payable within one year42/48€490,954€93,436▼
Current portion of amounts payable after more than one year42€488,600€0▼
Trade debts44€960€8,317▲
Suppliers440/4€960€8,317▲
Taxes, remuneration and social security45-€85,119
Taxes450/3-€32,096
Remuneration and social security454/9-€53,023
Other amounts payable47/48€1,395€0▼
Accrued charges and deferred income492/3€230,864€34,719▼
Income statement Code20232024
Remuneration, social security and pensions62-€269,106
Other operating charges640/8€858€513▼
Gross operating margin9900-€5,603€414,703▲
Operating profit (loss)9901-€6,462€145,083▲
Financial income75/76B-€4.2m
Recurring financial income75-€4.2m
Financial charges65/66B€230,903€141,226▼
Recurring financial charges65€230,903€141,226▼
Profit (loss) for the period before taxes9903-€237,364€4.3m▲
Profit (loss) for the period9904-€237,364€4.3m▲
Profit (loss) for the period to be appropriated9905-€237,364€4.3m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€237,364€4.0m▲
Profit (loss) brought forward from the previous period14P--€237,364
Transfer to equity691/2-€4.0m
To other reserves6921-€4.0m
Social balance
Average headcount (FTE)9087-4.6

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

Line20232024Change
Remuneration, social security and pensions62-€269,106-
Other operating charges640/8€858€513▼ 40.2%
Gross operating margin9900-€5,603€414,703▲ 7,501%
Operating profit (loss)9901-€6,462€145,083▲ 2,345%
Financial income75/76B-€4.2m-
Recurring financial income75-€4.2m-
Financial charges65/66B€230,903€141,226▼ 38.8%
Recurring financial charges65€230,903€141,226▼ 38.8%
Profit (loss) for the period before taxes9903-€237,364€4.3m▲ 1,891%
Profit (loss) for the period9904-€237,364€4.3m▲ 1,891%
Profit (loss) for the period to be appropriated9905-€237,364€4.3m▲ 1,891%
Line20232024Change
Assets
Total assets20/58€7.7m€8.0m▲ 3.6%
Fixed assets21/28€7.7m€7.7m=
Financial fixed assets28€7.7m€7.7m=
Current assets29/58€44,459€321,763▲ 624%
Amounts receivable within one year40/41-€296,745-
Trade receivables40-€217,891-
Other amounts receivable41-€78,855-
Cash at bank and in hand54/58€44,459€21,247▼ 52.2%
Deferred charges and accrued income490/1-€3,771-
Equity and liabilities
Total equity and liabilities10/49€7.7m€8.0m▲ 3.6%
Equity10/15-€187,364€4.1m▲ 2,269%
Contributions10/11€50,000€50,000=
Reserves13-€4.0m-
Distributable reserves133-€4.0m-
Profit (loss) carried forward14-€237,364€0▲ 100%
Amounts payable17/49€7.9m€3.9m▼ 50.3%
Amounts payable after more than one year17€7.2m€3.8m▼ 47.1%
Financial debts170/4€7.2m€3.8m▼ 47.1%
Amounts payable within one year42/48€490,954€93,436▼ 81.0%
Current portion of amounts payable after more than one year42€488,600€0▼ 100%
Trade debts44€960€8,317▲ 767%
Suppliers440/4€960€8,317▲ 767%
Taxes, remuneration and social security45-€85,119-
Taxes450/3-€32,096-
Remuneration and social security454/9-€53,023-
Other amounts payable47/48€1,395€0▼ 100%
Accrued charges and deferred income492/3€230,864€34,719▼ 85.0%
Line20232024Change
Profit (loss) for the period9904-€237,364€4.3m▲ 1,891%
Operating cash flow (approximation)-€237,364€4.3m▲ 1,891%
Investment in fixed assets (approximation)-€0-
Change in cash--€23,212-

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

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Timeline · acts, filings and financial milestones

2025
01-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Back to profitnet €4.3m
Net result €4.3m after one loss-making year.
31-12
Financial Liquidity times 38current ratio 3.44
Current ratio from 0.09 to 3.44; short-term debt falls from €490,954 to €93,436.
31-12
Financial Equity above €2mEq €4.1m
Equity rises from -€187,364 to €4.1m.
08-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Oostkamp · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
7,717 m²
Building footprint
5,169 m²
Volume, LiDAR
31,034 m³
Parcel 31403H0949/00N000, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Frisco
Vliegweg 23, 8020 OostkampHoldings
since 20222.339.870.226
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31403H0949/00N000 Flanders 7,717 m² 1 · 5,169 m² 8.9 m · 2 fl.
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.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2024 list no shareholders, and no other source names one.

Holdings 1

According to the 2024 annual accounts of Frisco and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Public money · subsidies and aid

Flemish government

2024 to 2025 · 2 entries · 4,500 EUR awarded · 4,500 EUR paid
Year Entries awardedpaid
2025 1 3,240 EUR3,240 EUR
2024 1 1,260 EUR1,260 EUR
Schemes
2 entries · 4,500 EUR · 4,500 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 13,015 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded23-12-2022
Fiscal year end31-12
Activities, NACEBEL 2025
46391Wholesale trade
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0795307651
Also 9925:BE0795307651

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.