FRITES DOREES
ActiveThe computed 12-month bankruptcy probability of FRITES DOREES is 4.1% (elevated). The 2024 annual accounts show equity of €52k and a net result of €-4k. Equity is growing by ~57.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 18942 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability31▼-69
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
4.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Liquidity ample (current ratio 6.88 against 3.09 in 2023; short-term debt: 6.9% and cash: 35.4% of total assets), and 6.9% 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 · 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
93.1%
Return on assets
-6.4%
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 31-07-2025, 0 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
2 d early
2022
27 d early
2021
40 d late
2020
26 d early
2019
25 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€52k▼ 3.0%
2023 · €54k
2018: €-19k
2019: €-28k
2020: €-18k
2021: €13k
2022: €36k
2023: €54k
2018 → 2024
Total assets
€56k▼ 12.2%
2023 · €64k
2018: €107k
2019: €90k
2020: €72k
2021: €70k
2022: €54k
2023: €64k
2018 → 2024
Net result
€-4k
2023 · €18k
2018: €-37k
2019: €-9k
2020: €10k
2021: €31k
2022: €23k
2023: €18k
2018 → 2024
Working capital
€23k▲ 8.3%
2023 · €21k
2018: €-42k
2019: €-60k
2020: €-53k
2021: €-26k
2022: €-5k
2023: €21k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-18k-€13k€36k▲ 170%€54k▲ 49.6%€52k▼ 3.0%
Operating result€12k-€33k▲ 173%€25k▼ 24.4%€23k▼ 9.1%€-962
Net result€10k-€31k▲ 220%€23k▼ 27.7%€18k▼ 21.2%€-4k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €962 after €23k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €56k
Fixed assets
€29k▼ 10.2%
Current assets
€27k▼ 14.2%
Equity and liabilities €56k
Equity
€52k▼ 3.0%
Debt
€4k▼ 61.5%
The debt ratio falls from 15.8% to 6.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€6k▼
2023 · €31k
Cash flow
€4k▼
2023 · €26k
Solvency
93.1%▲
2023 · 84.2%
Current ratio
6.88▲
2023 · 3.09
Quick ratio
5.50▲
2023 · 2.24
Debt / equity
0.07▼
2023 · 0.19
ROE
-6.9%▼
2023 · 33.2%
ROA
-6.4%▼
2023 · 27.9%
Interest coverage
2.40▼
2023 · 106.21
Debt
€4k▼
2023 · €10k
Debt ≤ 1 year
€4k▼
2023 · €10k
Income taxes
€110▼
2023 · €6k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€64k€56k▼
Fixed assets21/28€33k€29k▼
Tangible fixed assets22/27€33k€25k▼
Other tangible fixed assets26€33k€25k▼
Financial fixed assets28-€4k
Current assets29/58€31k€27k▼
Stocks and contracts in progress3€9k€5k▼
Stocks30/36€9k€5k▼
Amounts receivable within one year40/41€3k€883▼
Other amounts receivable41€3k€883▼
Cash at bank and in hand54/58€20k€20k=
Deferred charges and accrued income490/1-€619
Equity and liabilities
Total equity and liabilities10/49€64k€56k▼
Equity10/15€54k€52k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€35k€31k▼
Investment grants15-€2k
Amounts payable17/49€10k€4k▼
Amounts payable within one year42/48€10k€4k▼
Trade debts44€420€2k▲
Suppliers440/4€420€2k▲
Taxes, remuneration and social security45€8k€119▼
Taxes450/3€8k€119▼
Other amounts payable47/48€2k€2k▼
Income statement
Code20232024
Remuneration, social security and pensions62€9k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€7k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€12k-
Other operating charges640/8€938€8k▲
Gross operating margin9900€53k€14k▼
Operating profit (loss)9901€23k€-962▼
Financial income75/76B€2k€92▼
Recurring financial income75€2k€92▼
Financial charges65/66B€291€3k▲
Recurring financial charges65€291€3k▲
Profit (loss) for the period before taxes9903€24k€-3k▼
Income taxes67/77€6k€110▼
Profit (loss) for the period9904€18k€-4k▼
Profit (loss) for the period to be appropriated9905€18k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€35k€31k▼
Profit (loss) brought forward from the previous period14P€17k€35k▲
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
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 6.88
Current ratio from 3.09 to 6.88; short-term debt falls from €10k to €4k.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity quadruplescurrent ratio 3.09
Current ratio from 0.71 to 3.09; short-term debt falls from €18k to €10k.
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
09-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 40 days late
2021
31-12
Financial
Highest result since 2018net €31k ▲220%
Operating result €33k, net result €31k, both a record.
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €10k
Net result €10k after 2 loss-making years.
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 25 days late
2019
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
2018
03-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 3 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Jette · 1 establishment unit since 2017
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.
Léon Theodorstraat 1871090 JetteGround area
122 m²
Building footprint
122 m²
Volume, LiDAR
766 m³
Parcel 21463D0274/00L027, Brussels · tallest building 12.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FRITES DOREES
since 20172.262.816.988
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21463D0274/00L027 | Brussels | 122 m² | 1 · 122 m² | 12.3 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 siteJette2.262.816.988
Similar companies · same sector, comparable size
TAPHYRA
BE 0544.608.973
Brussel · Eq €52k
M REMOD
BE 0732.819.756
Ganshoren · Eq €52k
Macadoh
BE 0774.804.920
Erpe-Mere · Eq €52k
M&Z TRANSPORT
BE 0695.505.638
Brussel · Eq €52k
Frères CHEN
BE 0636.917.341
La Louvière · Eq €52k
Of 21,896 companies in sector 56112 we hold annual accounts for 9,785. 8,374 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-03-2017
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.