FRISKE
ActiveFRISKE has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €512k and a net result of €133k. Equity is growing by ~15% per year across the filed fiscal years. Its solvency ranks better than 50% of 404 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
81
/ 100
Excellent▼ -13 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency83▲+5
Growth78=
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 1.59 against 2.21 in 2024), but 53% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
47%
Return on assets
12.2%
Age of the figures
8 mo
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
26 d late
2024
36 d early
2023
36 d early
2022
31 d early
2021
43 d early
2020
39 d early
2019
37 d early
← before the deadline
after the deadline →
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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€512k▲ 19.4%
2024 · €429k
2018: €191k
2019: €233k
2020: €228k
2021: €268k
2022: €352k
2023: €354k
2024: €429k
2018 → 2025
Total assets
€1.09M▼ 9.4%
2024 · €1.20M
2018: €242k
2019: €327k
2020: €497k
2021: €628k
2022: €580k
2023: €636k
2024: €1.20M
2018 → 2025
Net result
€133k▼ 23.9%
2024 · €175k
2018: €54k
2019: €42k
2020: €147k
2021: €40k
2022: €86k
2023: €106k
2024: €175k
2018 → 2025
Working capital
€245k▼ 52.8%
2024 · €519k
2018: €136k
2019: €156k
2020: €134k
2021: €158k
2022: €210k
2023: €171k
2024: €519k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€268k-€352k▲ 31.0%€354k▲ 0.8%€429k▲ 21.1%€512k▲ 19.4%
Operating result€53k-€115k▲ 117%€152k▲ 32.0%€251k▲ 65.2%€192k▼ 23.5%
Net result€40k-€86k▲ 115%€106k▲ 22.5%€175k▲ 65.2%€133k▼ 23.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 24% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.09M
Fixed assets
€428k▲ 66.8%
Current assets
€663k▼ 30.0%
Equity and liabilities €1.09M
Equity
€512k▲ 19.4%
Debt
€579k▼ 25.3%
The debt ratio falls from 64.3% to 53.0%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€263k▼
2024 · €298k
Cash flow
€205k▼
2024 · €222k
Solvency
47.0%▲
2024 · 35.7%
Current ratio
1.59▼
2024 · 2.21
Quick ratio
0.89▼
2024 · 1.60
Debt / equity
1.13▼
2024 · 1.80
ROE
26.0%▼
2024 · 40.7%
ROA
12.2%▼
2024 · 14.5%
Interest coverage
27.73▼
2024 · 56.62
Debt
€579k▼
2024 · €774k
Debt ≤ 1 year
€418k▼
2024 · €428k
Debt > 1 year
€161k▲
2024 · €133k
Income taxes
€53k▼
2024 · €75k
Staff costs
€232k▼
2024 · €234k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.20M€1.09M▼
Fixed assets21/28€257k€428k▲
Intangible fixed assets21€895€370▼
Tangible fixed assets22/27€256k€428k▲
Land and buildings22€98k€38k▼
Plant, machinery and equipment23€17k€18k▲
Furniture and vehicles24€73k€128k▲
Leasing and similar rights25€0-
Other tangible fixed assets26€68k€243k▲
Current assets29/58€947k€663k▼
Stocks and contracts in progress3€263k€292k▲
Stocks30/36€263k€292k▲
Amounts receivable within one year40/41€511k€319k▼
Trade receivables40€435k€249k▼
Other amounts receivable41€77k€70k▼
Cash at bank and in hand54/58€162k€41k▼
Deferred charges and accrued income490/1€12k€12k▲
Equity and liabilities
Total equity and liabilities10/49€1.20M€1.09M▼
Equity10/15€429k€512k▲
Contributions10/11€19k€19k=
Reserves13€411k€494k▲
Distributable reserves133€411k€494k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€774k€579k▼
Amounts payable after more than one year17€133k€161k▲
Financial debts170/4€133k€161k▲
Amounts payable within one year42/48€428k€418k▼
Current portion of amounts payable after more than one year42€36k€28k▼
Trade debts44€282k€286k▲
Suppliers440/4€282k€286k▲
Taxes, remuneration and social security45€19k€19k▼
Taxes450/3€0-
Remuneration and social security454/9€19k€19k▼
Other amounts payable47/48€91k€86k▼
Accrued charges and deferred income492/3€214k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€234k€232k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47k€71k▲
Other operating charges640/8€4k€3k▼
Gross operating margin9900€536k€498k▼
Operating profit (loss)9901€251k€192k▼
Financial income75/76B€4k€4k▼
Recurring financial income75€4k€4k▼
Financial charges65/66B€5k€9k▲
Recurring financial charges65€5k€9k▲
Profit (loss) for the period before taxes9903€250k€186k▼
Income taxes67/77€75k€53k▼
Profit (loss) for the period9904€175k€133k▼
Profit (loss) for the period to be appropriated9905€175k€133k▼
Appropriation of the result
Profit (loss) to be appropriated9906€175k€133k▼
Transfer from equity791/2€100k€50k▼
Transfer to equity691/2€175k€133k▼
To other reserves6921€175k€133k▼
Profit to be distributed694/7€100k€50k▼
Return on contributions (dividend)694€100k€50k▼
Employees696€0-
Social balance
Average headcount (FTE)90873.84.2▲
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 26 days late
2025
31-12
Financial
Equity above €500kEq €512k ▲19.4%
8 profitable years in a row build equity to €512k.
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €175k ▲65.2%
Operating result €251k, net result €175k, both a record.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
18-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €40k ▼72.7%
Net result drops to €40k, the lowest in the series; recovery starts the following year.
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €200kEq €233k ▲22%
2 profitable years in a row build equity to €233k.
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Gavere · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Brandweerstraat 199890 GavereGround area
1,378 m²
Building footprint
301 m²
Volume, LiDAR
1,539 m³
Parcel 44020A0096/02V000, Flanders · tallest building 24.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FRISKE
since 20162.250.524.714
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44020A0096/02V000 | Flanders | 1,378 m² | 1 · 301 m² | 24.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 4,090 EUR awarded · 3,994 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,351 EUR | 2,255 EUR |
| 2024 | 1 | 791 EUR | 791 EUR |
| 2023 | 1 | 729 EUR | 729 EUR |
| 2022 | 1 | 219 EUR | 219 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
4 live approvalsElektrotechnicus (vwo)
Elektrotechnicus duaal (so)
Koelinstallaties duaal (so)
Technicus koelinstallaties duaal (so)
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Of 462 companies in sector 28250 we hold annual accounts for 284. 223 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-02-2016
Fiscal year end31-12
Activities, NACEBEL
28250Manufacture of machinery and equipment not elsewhere classified
43222Installation of electric heating, air conditioning, cooling and ventilation
27510Manufacture of electrical equipment
43212Electrical installation work in industrial facilities
46831Wholesale of construction materials, general range
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.friske.be
E-mail:bart.vanparys@friske.be