Frit Express Mere
ActiveThe computed 12-month bankruptcy probability of Frit Express Mere is 4.3% (elevated). The 2025 annual accounts show equity of €706 and a net result of €206. Its solvency ranks better than 28% of 13306 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
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability70
Solvency29
Growth-
Track record67
Bankruptcy probability, 12 months
4.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.85; short-term debt: 96.5% and cash: 35.1% of total assets), and 96.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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
Sector 56
higher
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
3.5%
Return on assets
1%
Age of the figures
9 mo
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 29-06-2026, 32 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
32 d early
← before the deadline
after the deadline →
Financials · fiscal year 2025, micro schema
Equity
€706
Total assets
€20k
Net result
€206
Working capital
€-3k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €20k
Fixed assets
€4k
Current assets
€16k
Equity and liabilities €20k
Equity
€706
Debt
€19k
Debt finances 96.5% of the balance-sheet total.
Key figures and ratios
EBITDA
€2k
Cash flow
€687
Solvency
3.5%
Current ratio
0.85
Quick ratio
0.85
ROA
1.0%
Interest coverage
8.89
Debt
€19k
Debt ≤ 1 year
€19k
Income taxes
€1k
Staff costs
€65k
Equity ratios withheld: equity of €706 is too small for a meaningful ratio.
Filed annual accounts
As filed with the NBB · 2025
Balance sheet
Code2025
Assets
Total assets20/58€20k
Fixed assets21/28€4k
Tangible fixed assets22/27€4k
Plant, machinery and equipment23€4k
Current assets29/58€16k
Amounts receivable within one year40/41€7k
Other amounts receivable41€7k
Cash at bank and in hand54/58€7k
Deferred charges and accrued income490/1€2k
Equity and liabilities
Total equity and liabilities10/49€20k
Equity10/15€706
Contributions10/11€500
Profit (loss) carried forward14€206
Amounts payable17/49€19k
Amounts payable within one year42/48€19k
Trade debts44€10k
Suppliers440/4€10k
Taxes, remuneration and social security45€7k
Taxes450/3€1k
Remuneration and social security454/9€6k
Other amounts payable47/48€2k
Income statement
Code2025
Remuneration, social security and pensions62€65k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€481
Other operating charges640/8€2k
Gross operating margin9900€69k
Operating profit (loss)9901€1k
Financial income75/76B€68
Recurring financial income75€68
Financial charges65/66B€220
Recurring financial charges65€220
Profit (loss) for the period before taxes9903€1k
Income taxes67/77€1k
Profit (loss) for the period9904€206
Profit (loss) for the period to be appropriated9905€206
Appropriation of the result
Profit (loss) to be appropriated9906€206
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
29-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
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, Erpe-Mere · 1 establishment unit since 2024
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.
Oudenaardsesteenweg 5179420 Erpe-MereGround area
1,836 m²
Building footprint
361 m²
Volume, LiDAR
1,456 m³
Parcel 41006B0475/00A002, Flanders · tallest building 8.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Frit Express Mere
since 20242.365.143.278
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41006B0475/00A002 | Flanders | 1,836 m² | 1 · 361 m² | 8.1 m · 1 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteErpe-Mere2.365.143.278
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Of 21,896 companies in sector 56112 we hold annual accounts for 9,785. 1,392 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-01-2024
Fiscal year end31-12
Activities, NACEBEL
56112Limited-service restaurants, excluding mobile food services
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:franck.niels@icloud.com
Phone:0492316040