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Frites Atelier Brussel

Active
Private limited company (pre-2019)founded 2018active for 8 yearsSint-Katelijnestraat 32, 1000 Brussel, BelgiumKBO/BCE: BE 0691.646.919
Summary

The computed 12-month bankruptcy probability of Frites Atelier Brussel is 4.9% (elevated). The 2025 annual accounts show negative equity (-€1.4m) and a net result of -€233,408. Equity is shrinking by about 29% per year across the filed financial years. Its solvency ranks better than 5% of 4,754 sector peers (NACE 56, financial year 2025). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Limited-service restaurants, excluding mobile food services
NACE 56112
1 site
Size
€466,757total assets 2025
Staff
15.7 FTE
Equity
-€1.4m
Loss
-€233,408
Turnover not published (abbreviated format)
Financial health
35 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
4.9%
Structure
2025 accounts 23 days early3 of 7 deeds summarised
Why 35raises riskNegative equity -€1.4mLoss of €233,408, the second in a row (financial year 2025)Sector: Food and beverage service activities (NACE 56)lowers riskLiquidity: current ratio 0.08, cash €100,260Show the evidence

Checked score

Score 2025
35 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 12% of its sector peers (NACE 56, small)
Financial strength · tick = 2024
Weak
Solvency 0=
equity -292.3% of total assets
Liquidity 27+7
short-term debt 392.3% · cash 21.5%
Profitability 0=
return on assets -50.0%
Bankruptcy probability, 12 months
4.9% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (1,615 companies, NACE 56, small)
Last 24 months 11-2024: 7.9%highest value 12-2024: 7.9%● unchanged vs 11-2024highest value 01-2025: 7.9%● unchanged vs 12-2024 02-2025: 7.9%● unchanged vs 01-2025 03-2025: 7.6%▼ -0.3 percentage points vs 02-2025 04-2025: 7.6%● unchanged vs 03-2025 05-2025: 7.4%▼ -0.2 percentage points vs 04-2025 06-2025: 7.2%▼ -0.2 percentage points vs 05-2025 07-2025: 7.3%▲ +0.1 percentage points vs 06-2025 08-2025: 7.8%▲ +0.5 percentage points vs 07-2025 09-2025: 7.8%● unchanged vs 08-2025 10-2025: 7.5%▼ -0.3 percentage points vs 09-2025 11-2025: 7.5%● unchanged vs 10-2025 12-2025: 7.5%● unchanged vs 11-2025 01-2026: 7.5%● unchanged vs 12-2025 02-2026: 7.5%● unchanged vs 01-2026 03-2026: 7.3%▼ -0.2 percentage points vs 02-2026 04-2026: 7.1%▼ -0.2 percentage points vs 03-2026 05-2026: 7.2%▲ +0.1 percentage points vs 04-2026 06-2026: 7.0%▼ -0.2 percentage points vs 05-2026 07-2026: 7.5%▲ +0.5 percentage points vs 06-2026 08-2026: 4.9%▼ -2.6 percentage points vs 07-2026lowest value 09-2026: 4.9%● unchanged vs 08-2026lowest value 10-2026: 4.9%● unchanged vs 09-2026lowest value
No credit on open account
Liquidity insufficient (current ratio 0.08, compared with 0.08 in 2024, below 1; short-term debt: 392.3% and cash: 21.5% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, small): better than 4% on solvency, 18% on liquidity, 4% on profitability and 22% on growth.

The bankruptcy probability was computed on 27-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Negative equity -€1.4m
NBB · annual accounts
raises risk · Loss of €233,408, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.08, cash €100,260
NBB · annual accounts
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€1.4m
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 08-07-2026, 23 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
23 days early
2024
21 days early
2023
20 days early
2022
74 days late
2021
31 days late
2020
61 days late
2019
90 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 27 days after the deadline; the sector median (NACE 56) for financial year 2024 is 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 12 July (4 of the last 5 filed years within 50 days of that day).
Companies Code · seven months
Where today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: Marc Jeroen Jansen (director)Appointment: Sander Martijn Boef (klasse…
  2. Annual accounts filedfinancial year 2025 · abbreviated…
  3. Resignation: Maria Selma Kruimer (director)Appointment: Marc Jeroen Jansen (klasse…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€1.4m View
  • Risk: 7 loss-making years in a rowloss financial year 2025 -€233,408 View
  • Positive: Staff rose in 2025from 4.7 FTE to 15.7 FTE ▲ 234% View
  • Caution: Among the weakest 5% on solvencysector median 29.7% · 4,754 companies -292.3% View
  • Caution: A director leftlatest change 31-12-2025 · 1 in office 1 left View

By topic

Financials

Financial year
2025
Total assets
€466,757
Loss
-€233,408
Solvency
-292.3%
Total assets▼ 0.2%
Net result
20192025
Go to Financials

Timeline

Events
11
Since
2020
Next accounts
by 31-07-2027
  1. 10-07-2025Annual accounts filed
  2. 08-10-2024Resignation: Johannes Jansen (director)
  3. 11-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Limited-service restaurants, excluding mobile food servicesNACE 56112
Founded
01-03-2018
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about Frites Atelier Brussel

What is the company number of Frites Atelier Brussel?
0691.646.919. In Belgium the VAT number is the company number with BE in front: BE 0691.646.919.
Where is Frites Atelier Brussel based?
The registered office is at Sint-Katelijnestraat 32, 1000 Brussel.Company details
What does Frites Atelier Brussel do?
According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
What is the legal form of Frites Atelier Brussel?
Private limited company (pre-2019) (BVBA).
When was Frites Atelier Brussel founded?
On 01-03-2018.
Is Frites Atelier Brussel still active?
Yes, Frites Atelier Brussel is an active enterprise in the KBO register.
How many employees does Frites Atelier Brussel have?
On average 15.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Frites Atelier Brussel?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Frites Atelier Brussel profitable?
In financial year 2025, Frites Atelier Brussel made a loss of €233,408.
Where can I find the annual accounts of Frites Atelier Brussel?
Frites Atelier Brussel filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Frites Atelier Brussel due?
By 31-07-2027, for financial year 2026.Timeline

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