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FritesBurgers&Co

Active
Private limited companyfounded 2024active for 2 yearsRoute de Bastogne 21, 6970 Tenneville, BelgiumKBO/BCE: BE 1006.956.604
Summary

The computed 12-month bankruptcy probability of FritesBurgers&Co is 8.7% (elevated). The 2024 annual accounts show equity of €12,251 and a net result of €10,251. Its solvency ranks better than 40% of 1,747 sector peers (NACE 56, financial year 2024). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Full-service restaurants
NACE 56111
1 site
Size
€277,504turnover 2024
Equity
€12,251
Profit
€10,251
Financial health
33 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
8.7%
Structure
Accounts filed 73 days late
Why 33raises riskSize: turnover €277,504, total assets €81,5521 financial year not filed after the legal deadline; latest accounts 73 days late; 1 of the last 3 lateFounded in 2024Sector: Food and beverage service activities (NACE 56)Show the evidence

Checked score

Score 2024
33 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 35% of its sector peers (NACE 56, micro)
Financial strength
Weak
Solvency 40
equity 15.0% of total assets
Liquidity 20
short-term debt 85.0% · cash 13.8%
Profitability 71
return on assets 12.6%
Bankruptcy probability, 12 months
8.7% Elevated
0%0.5%1.5%4%10%≥ 25%

About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,767 companies, NACE 56, micro)
Last 24 months 04-2025: 3.9%lowest value 05-2025: 4.0%▲ +0.1 percentage points vs 04-2025 06-2025: 4.1%▲ +0.1 percentage points vs 05-2025 07-2025: 4.5%▲ +0.4 percentage points vs 06-2025 08-2025: 4.5%● unchanged vs 07-2025 09-2025: 4.8%▲ +0.3 percentage points vs 08-2025 10-2025: 5.3%▲ +0.5 percentage points vs 09-2025 11-2025: 6.8%▲ +1.5 percentage points vs 10-2025 12-2025: 6.6%▼ -0.2 percentage points vs 11-2025 01-2026: 6.5%▼ -0.1 percentage points vs 12-2025 02-2026: 6.8%▲ +0.3 percentage points vs 01-2026 03-2026: 7.3%▲ +0.5 percentage points vs 02-2026 04-2026: 7.4%▲ +0.1 percentage points vs 03-2026 05-2026: 7.4%● unchanged vs 04-2026 06-2026: 7.3%▼ -0.1 percentage points vs 05-2026 07-2026: 7.3%● unchanged vs 06-2026 08-2026: 8.0%▲ +0.7 percentage points vs 07-2026 09-2026: 8.3%▲ +0.3 percentage points vs 08-2026 10-2026: 8.7%▲ +0.4 percentage points vs 09-2026highest value
No publishable credit limit; credit only on tighter terms
Liquidity insufficient (current ratio 0.71, below 1; short-term debt: 85% and cash: 13.8% of total assets), and 85% of the assets are financed with debt and provisions.
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, micro): better than 37% on solvency, 17% on liquidity and 51% on profitability.

The bankruptcy probability was computed on 20-10-2026 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

Five signals.
raises riskneutral
raises risk · Size: turnover €277,504, total assets €81,552
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 73 days late; 1 of the last 3 late
NBB · filings
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-10-2025, 73 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2024
73 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 73 days after the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · full…
  2. IncorporationAppointment: Olivier DEMELENNE (administrateur non…

Key points

  • Caution: Latest accounts filed lateafter the legal deadline 73 days View
  • Turnover 2024first financial year filed €277,504 View
  • Active since 2024founded 11-03-2024 2 years View

By topic

Financials

Financial year
2024
Turnover
€277,504
Profit
€10,251
Solvency
15.0%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Full-service restaurantsNACE 56111
Founded
11-03-2024
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
30
Who signs
Each director alone
Annual meeting
Third Thursday of June at 19:00
Purpose
“La restauration sous toutes ses formes,y compris le service traiteur et l’organisation de…” (deed in French)
Statutory auditor
No statutory auditor
Go to Articles of association

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