FRISHA
ActiveSummary
The computed 12-month bankruptcy probability of FRISHA is 3.7% (moderate). The 2025 annual accounts show equity of €42k and a net result of €10k. Its solvency ranks better than 48% of 3705 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability67▼-33
Solvency53▼-35
Growth52
Track record82
Bankruptcy probability, 12 months
3.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.46 against 1.9 in 2024; short-term debt: 31.8% and cash: 14.4% of total assets), and 71.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
28.3%
Return on assets
6.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
5 d late
2024
21 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€42k▲ 32.3%
2024 · €32k
2024: €32k
2025: €42k▲ +32.3% vs 2024
2024 → 2025
Total assets
€149k▲ 194%
2024 · €51k
2024: €51k
2025: €149k▲ +194% vs 2024
2024 → 2025
Net result
€10k▼ 61.7%
2024 · €27k
2024: €27k
2025: €10k▼ -61.7% vs 2024
2024 → 2025
Working capital
€22k▲ 32.0%
2024 · €17k
2024: €17k
2025: €22k▲ +32.0% vs 2024
2024 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€32k-€42k▲ 32.3%
2024: €32k
2025: €42k▲ +32.3% vs 2024
Operating result€39k-€17k▼ 56.5%
2024: €39k
2025: €17k▼ -56.5% vs 2024
Net result€27k-€10k▼ 61.7%
2024: €27k
2025: €10k▼ -61.7% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 56% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €149k
Fixed assets
€80k ▲ 407%
Current assets
€69k ▲ 98.3%
Equity and liabilities €149k
Equity
€42k ▲ 32.3%
Debt
€107k ▲ 469%
Debt's share of the balance-sheet total rises from 37.1% to 71.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€19k▼
2024 · €41k
Cash flow
€12k▼
2024 · €29k
Current ratio
1.46▼
2024 · 1.90
Quick ratio
1.43▼
2024 · 1.83
Debt to equity
2.54▲
2024 · 0.59
ROE
24.4%▼
2024 · 84.3%
ROA
6.9%▼
2024 · 53.0%
Interest coverage
4.77▼
2024 · 7.69
Debt ≤ 1 year
€47k▲
2024 · €18k
Debt > 1 year
€60k
Income taxes
€3k▼
2024 · €7k
Staff costs
€39k▼
2024 · €66k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€51k€149k▲
Fixed assets21/28€16k€80k▲
Tangible fixed assets22/27€16k€80k▲
Land and buildings22€15k€79k▲
Plant, machinery and equipment23€431€1k▲
Current assets29/58€35k€69k▲
Stocks and contracts in progress3€1k€1k▼
Stocks30/36€1k€1k▼
Amounts receivable within one year40/41€11k€46k▲
Trade receivables40€2k€26k▲
Other amounts receivable41€10k€20k▲
Cash at bank and in hand54/58€21k€21k▲
Deferred charges and accrued income490/1€1k€840▼
Equity and liabilities
Total equity and liabilities10/49€51k€149k▲
Equity10/15€32k€42k▲
Contributions10/11€5k€5k=
Reserves13€27k€37k▲
Distributable reserves133€27k€37k▲
Amounts payable17/49€19k€107k▲
Amounts payable after more than one year17-€60k
Financial debts170/4-€60k
Amounts payable within one year42/48€18k€47k▲
Current portion of amounts payable after more than one year42-€3k
Trade debts44€9k€38k▲
Suppliers440/4€9k€38k▲
Taxes, remuneration and social security45€9k€7k▼
Taxes450/3€41€351▲
Remuneration and social security454/9€9k€6k▼
Accrued charges and deferred income492/3€400-
Income statement
Code20242025
Remuneration, social security and pensions62€66k€39k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€566€9k▲
Gross operating margin9900€108k€67k▼
Operating profit (loss)9901€39k€17k▼
Financial income75/76B€234€527▲
Recurring financial income75€234€527▲
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€34k€14k▼
Income taxes67/77€7k€3k▼
Profit (loss) for the period9904€27k€10k▼
Profit (loss) for the period to be appropriated9905€27k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€27k€10k▼
Transfer to equity691/2€27k€10k▼
To other reserves6921€27k€10k▼
Social balance
Average headcount (FTE)90870.84.9▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €66k | €39k | ▼ 41.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €2k | ▲ 1.0% |
| Other operating charges640/8 | €566 | €9k | ▲ 1,427% |
| Gross operating margin9900 | €108k | €67k | ▼ 38.1% |
| Operating profit (loss)9901 | €39k | €17k | ▼ 56.5% |
| Financial income75/76B | €234 | €527 | ▲ 125% |
| Recurring financial income75 | €234 | €527 | ▲ 125% |
| Financial charges65/66B | €5k | €4k | ▼ 25.3% |
| Recurring financial charges65 | €5k | €4k | ▼ 25.3% |
| Profit (loss) for the period before taxes9903 | €34k | €14k | ▼ 60.1% |
| Income taxes67/77 | €7k | €3k | ▼ 54.2% |
| Profit (loss) for the period9904 | €27k | €10k | ▼ 61.7% |
| Profit (loss) for the period to be appropriated9905 | €27k | €10k | ▼ 61.7% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €51k | €149k | ▲ 194% |
| Fixed assets21/28 | €16k | €80k | ▲ 407% |
| Tangible fixed assets22/27 | €16k | €80k | ▲ 407% |
| Land and buildings22 | €15k | €79k | ▲ 412% |
| Plant, machinery and equipment23 | €431 | €1k | ▲ 218% |
| Current assets29/58 | €35k | €69k | ▲ 98.3% |
| Stocks and contracts in progress3 | €1k | €1k | ▼ 4.8% |
| Stocks30/36 | €1k | €1k | ▼ 4.8% |
| Amounts receivable within one year40/41 | €11k | €46k | ▲ 302% |
| Trade receivables40 | €2k | €26k | ▲ 1,525% |
| Other amounts receivable41 | €10k | €20k | ▲ 105% |
| Cash at bank and in hand54/58 | €21k | €21k | ▲ 2.5% |
| Deferred charges and accrued income490/1 | €1k | €840 | ▼ 37.6% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €51k | €149k | ▲ 194% |
| Equity10/15 | €32k | €42k | ▲ 32.3% |
| Contributions10/11 | €5k | €5k | = |
| Reserves13 | €27k | €37k | ▲ 38.3% |
| Distributable reserves133 | €27k | €37k | ▲ 38.3% |
| Amounts payable17/49 | €19k | €107k | ▲ 469% |
| Amounts payable after more than one year17 | - | €60k | - |
| Financial debts170/4 | - | €60k | - |
| Amounts payable within one year42/48 | €18k | €47k | ▲ 158% |
| Current portion of amounts payable after more than one year42 | - | €3k | - |
| Trade debts44 | €9k | €38k | ▲ 301% |
| Suppliers440/4 | €9k | €38k | ▲ 301% |
| Taxes, remuneration and social security45 | €9k | €7k | ▼ 27.5% |
| Taxes450/3 | €41 | €351 | ▲ 764% |
| Remuneration and social security454/9 | €9k | €6k | ▼ 31.1% |
| Accrued charges and deferred income492/3 | €400 | - | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €27k | €10k | ▼ 61.7% |
| + Depreciation and write-downs630 | €2k | €2k | ▲ 1.0% |
| Operating cash flow (approximation) | €29k | €12k | ▼ 57.4% |
| Investment in fixed assets (approximation) | - | €-66k | - |
| Change in cash | - | €524 | - |
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
Next filing, fiscal year 2026, expected by
2026
05-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 5 days late
2025
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 21 days late
NBB filing
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Maasmechelen · 1 establishment unit since 2024
Ground area
363 m²
Building footprint
165 m²
Volume, LiDAR
658 m³
Parcel 73096A0049/00A000, Flanders · tallest building 6.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
FRITUUR SHANNA
since 20242.354.127.840
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73096A0049/00A000 | Flanders | 363 m² | 1 · 165 m² | 6.8 m · 1 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteMaasmechelen2.354.127.840
Similar companies · same sector, comparable size
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STG 63
BE 0685.904.222
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EASY BREAK
BE 0775.490.551
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HEDI-CONCEPT SPORT
BE 0834.230.781
Brussel · Eq €42,195
Antares Foods
BE 0775.823.123
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Of 21,853 companies in sector 56112 we hold annual accounts for 9,776. 8,438 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
Founded04-01-2024
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
Scores and ratios are computed by Checked and are not a credit decision.