Financials
- Fiscal year
- 2024
- Total assets
- €178,690
- Loss
- -€93,162
- Solvency
- -38.2%
Turnover▲ 10.0%
Net result
20182019
Fritiko Group
ActiveSummary
The computed 12-month bankruptcy probability of Fritiko Group is 23.9% (high). The 2024 annual accounts show negative equity (-€68,249) and a net result of -€93,162. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 17% of 18968 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Overview
Activity
Limited-service restaurants, excluding mobile food services
NACE 56112Limited-service restaurants NACE 56102Activities of holding companies NACE 64210
1 site
Size
€178,690total assets 2024
- Equity
- -€68,249
- Loss
- -€93,162
Turnover not published (abridged schema)
Structure
Accounts 65 d overdue0 of 10 deeds read
Why 9- 1 change of registered office in 24 months- Ex-officio strike-off in the KBO- 1 financial year not filed after the legal deadline; latest accounts 58 days late; 2 of the last 3 late- Sector Food and beverage service activities (NACE 56)Show the evidence
Checked score
Score 2024
9
/ 100
Critical
Probability in this band: over 15.0%
Better than 6% of its sector peers (NACE 56, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency
0-40
equity -38.2% of total assets
Liquidity
3-16
short-term debt 99.8% · cash 2.6%
Profitability
0-50
return on assets -52.1%
Bankruptcy probability, 12 months
23.9%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 4 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 7.7%
12-2024: 7.7%● 0.0% vs 11-2024
01-2025: 7.6%▼ -0.9% vs 12-2024
02-2025: 7.6%● 0.0% vs 01-2025
03-2025: 7.6%▼ -0.9% vs 02-2025lowest value
04-2025: 8.2%▲ +7.6% vs 03-2025
05-2025: 7.7%▼ -5.0% vs 04-2025
06-2025: 7.6%▼ -1.8% vs 05-2025
07-2025: 7.8%▲ +2.3% vs 06-2025
08-2025: 8.5%▲ +9.1% vs 07-2025
09-2025: 16.7%▲ +96.1% vs 08-2025
10-2025: 23.1%▲ +39.0% vs 09-2025
11-2025: 19.4%▼ -16.2% vs 10-2025
12-2025: 19.4%● 0.0% vs 11-2025
01-2026: ≥ 25%▲ +43.1% vs 12-2025highest value
02-2026: ≥ 25%● 0.0% vs 01-2026highest value
03-2026: ≥ 25%▼ -1.9% vs 02-2026
04-2026: ≥ 25%▲ +0.9% vs 03-2026
05-2026: ≥ 25%▼ -3.8% vs 04-2026
06-2026: ≥ 25%▼ -1.4% vs 05-2026
07-2026: 19.1%▼ -26.5% vs 06-2026
08-2026: 19.8%▲ +3.3% vs 07-2026
09-2026: 20.8%▲ +5.4% vs 08-2026
10-2026: 23.9%▲ +14.9% vs 09-2026
- 1 change of registered office in 24 months raises the probability
- Ex-officio strike-off in the KBO raises the probability
- 1 financial year not filed after the legal deadline; latest accounts 58 days late; 2 of the last 3 late raises the probability
- Sector Food and beverage service activities (NACE 56) raises the probability
No credit on open account
Liquidity short (current ratio 0.44 against 0.44 in 2023; short-term debt: 99.8% and cash: 2.6% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 56, micro). Better than this share of them on solvency 9%, liquidity 5%, profitability 8%, growth against the median 2%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
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Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€68,249
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-09-2025, 58 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
58 d late
2023
81 d late
2022
27 d late
2021
74 d late
2020
49 d late
2019
108 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 66 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
- Annual accounts filedfiscal year 2024 · micro…
- Address struckKBO administration
- Weakest financial yearnet -€93,162
Key points
- Risk: Negative equityfiscal year 2024: debts exceed assets -€68,249 View
- Risk: 3 loss-making years in a rowloss fiscal year 2024 -€93,162 View
- Caution: Result fell in 2024from -€26,698 to -€93,162 ▼ 249% View
- Caution: Among the weakest 5% on net resultsector median €5,294 · 18,948 companies -€93,162 View
- Caution: Accounts not fileddeadline was 31-07-2026 65 d late View
By topic
Timeline
- Events
- 10
- Since
- 2019
- 27-09-2025Annual accounts filed
- 08-08-2025Address struck
- 31-12-2024Weakest financial year
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112
- Founded
- 24-03-2017
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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