Friterie des Forges
ActiveSummary
The computed 12-month bankruptcy probability of Friterie des Forges is 1.9% (moderate). The 2024 annual accounts show equity of €6k and a net result of €4k. Equity is growing by ~64.8% per year across the filed fiscal years. Its solvency ranks better than 55% of 18941 sector peers (fiscal year 2024). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability97▲+82
Solvency60▲+23
Growth78=
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Five 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
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young 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 2024Solvency, return and age of the figures
Solvency
34.8%
Return on assets
22.4%
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 11-06-2025, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
50 d early
2023
53 d early
2022
46 d early
2021
58 d early
2020
40 d early
2019
60 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€0
2023 · €0
2023: €0
2023 → 2024
EBIT margin
Not included in this filing
Net result
€4k
2023 · €-551
2018: €-1k
2019: €2k
2020: €12k
2021: €15k
2022: €-10k
2023: €-551
2018 → 2024
Working capital
€5k▲ 311%
2023 · €1k
2018: €-21k
2019: €-17k
2020: €-4k
2021: €11k
2022: €2k
2023: €1k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€0€0
Equity€-3k-€12k€3k▼ 78.4%€2k▼ 20.8%€6k▲ 180%
Operating result€12k-€15k▲ 28.3%€-9k€-451▲ 95.1%€4k
Net result€12k-€15k▲ 26.9%€-10k€-551▲ 94.3%€4k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €4k after a loss of €451 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €17k
Fixed assets
€703 ▼ 16.2%
Current assets
€16k ▼ 2.5%
Equity and liabilities €17k
Equity
€6k ▲ 180%
Debt
€11k ▼ 28.2%
Debt's share of the balance-sheet total falls from 88.0% to 65.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€4k▲
2023 · €-315
Cash flow
€4k▲
2023 · €-415
Current ratio
1.47▲
2023 · 1.08
Quick ratio
1.36▲
2023 · 1.01
Debt to equity
1.87▼
2023 · 7.31
ROE
64.3%▲
2023 · -26.2%
ROA
22.4%▲
2023 · -3.2%
Interest coverage
8.26▲
2023 · -2.86
Debt ≤ 1 year
€11k▼
2023 · €15k
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 · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€17k€17k▼
Formation expenses20€0€0=
Fixed assets21/28€839€703▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€839€703▼
Plant, machinery and equipment23€0€0=
Furniture and vehicles24€0€0=
Other tangible fixed assets26€839€703▼
Current assets29/58€17k€16k▼
Stocks and contracts in progress3€1k€1k▲
Stocks30/36€1k€1k▲
Amounts receivable within one year40/41€12k€12k▲
Trade receivables40€12k€12k▲
Other amounts receivable41€0€0=
Cash at bank and in hand54/58€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€17k€17k▼
Equity10/15€2k€6k▲
Contributions10/11€12k€12k=
Reserves13€200€200=
Non-distributable reserves130/1€200€200=
Reserves not available under the articles1311€200€200=
Profit (loss) carried forward14€-11k€-7k▲
Amounts payable17/49€15k€11k▼
Amounts payable within one year42/48€15k€11k▼
Trade debts44€14k€10k▼
Suppliers440/4€14k€10k▼
Taxes, remuneration and social security45€1k€231▼
Taxes450/3€1k€231▼
Other amounts payable47/48€490€390▼
Income statement
Code20232024
Turnover70€0€0=
Goods, raw materials, services and sundry goods60/61€0€0=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€136€136=
Other operating charges640/8€756€674▼
Gross operating margin9900€441€5k▲
Operating profit (loss)9901€-451€4k▲
Financial income75/76B€10€0▼
Recurring financial income75€10€0▼
Financial charges65/66B€110€551▲
Recurring financial charges65€110€542▲
Non-recurring financial charges66B€0€10▲
Profit (loss) for the period before taxes9903€-551€4k▲
Profit (loss) for the period9904€-551€4k▲
Profit (loss) for the period to be appropriated9905€-551€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-11k€-7k▲
Profit (loss) brought forward from the previous period14P€-10k€-11k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €4k
Net result €4k after 2 loss-making years.
08-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-10k ▼164%
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
03-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €15k ▲26.9%
Operating result €15k, net result €15k, both a record.
31-12
Financial
Liquidity times 5current ratio 3.18
Current ratio from 0.58 to 3.18; short-term debt falls from €10k to €5k.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 60 days late
2019
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
Show earlier events
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 22 days late
2016
20-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Huy · 1 establishment unit since 2008
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.
Chaussée des Forges 2/A4500 HuyGround area
395 m²
Building footprint
53 m²
Volume, LiDAR
344 m³
Parcel 61031C0658/02D000, Wallonia · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FRITERIE DES FORGES
since 20082.172.768.227
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61031C0658/02D000 | Wallonia | 395 m² | 1 · 53 m² | 7.5 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteHuy2.172.768.227
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Of 21,888 companies in sector 56112 we hold annual accounts for 9,780. 5,628 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded03-04-2008
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.