FRITSTATION
ActiveSummary
The computed 12-month bankruptcy probability of FRITSTATION is 4.1% (elevated). The 2025 annual accounts show equity of €38k and a net result of €-21k. Equity is growing by ~30.1% per year across the filed fiscal years. Its solvency ranks better than 48% of 13305 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
38
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability25▼-72
Solvency53▼-4
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
4.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity short (current ratio 0.85 against 0.88 in 2024; short-term debt: 67.7% and cash: 14% of total assets), and 72.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 2025Solvency, return and age of the figures
Solvency
27.6%
Return on assets
-15.4%
Age of the figures
9 mo
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 29-07-2026, 2 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
2 d early
2024
28 d late
2023
8 d late
2022
85 d late
2021
25 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€38k▼ 35.8%
2024 · €59k
2021: €15k
2022: €20k
2023: €18k
2024: €59k
2021 → 2025
Total assets
€138k▼ 25.6%
2024 · €185k
2021: €137k
2022: €169k
2023: €141k
2024: €185k
2021 → 2025
Net result
€-21k
2024 · €41k
2021: €10k
2022: €5k
2023: €-2k
2024: €41k
2021 → 2025
Working capital
€-14k▼ 6.6%
2024 · €-13k
2021: €-46k
2022: €-50k
2023: €-52k
2024: €-13k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€15k-€20k▲ 31.5%€18k▼ 8.3%€59k▲ 228%€38k▼ 35.8%
Operating result€14k-€9k▼ 39.9%€1k▼ 82.6%€56k▲ 3,629%€-19k
Net result€10k-€5k▼ 52.7%€-2k€41k€-21k
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 2025: a loss of €19k after €56k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €138k
Fixed assets
€58k ▼ 34.3%
Current assets
€79k ▼ 17.6%
Equity and liabilities €138k
Equity
€38k ▼ 35.8%
Debt
€99k ▼ 20.7%
Debt's share of the balance-sheet total rises from 67.9% to 72.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€6k▼
2024 · €81k
Cash flow
€4k▼
2024 · €66k
Current ratio
0.85▼
2024 · 0.88
Quick ratio
0.85▼
2024 · 0.88
Debt to equity
2.62▲
2024 · 2.12
ROE
-55.9%▼
2024 · 69.5%
ROA
-15.4%▼
2024 · 22.3%
Interest coverage
3.06▼
2024 · 33.89
Debt ≤ 1 year
€93k▼
2024 · €109k
Debt > 1 year
€6k▼
2024 · €16k
Staff costs
€4k▼
2024 · €4k
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 · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€185k€138k▼
Fixed assets21/28€88k€58k▼
Intangible fixed assets21€60k€44k▼
Tangible fixed assets22/27€23k€14k▼
Plant, machinery and equipment23€22k€14k▼
Furniture and vehicles24€776€504▼
Financial fixed assets28€5k-
Current assets29/58€96k€79k▼
Stocks and contracts in progress3€133€146▲
Stocks30/36€133€146▲
Amounts receivable within one year40/41€75k€60k▼
Trade receivables40€68k-
Other amounts receivable41€6k€60k▲
Cash at bank and in hand54/58€21k€19k▼
Equity and liabilities
Total equity and liabilities10/49€185k€138k▼
Equity10/15€59k€38k▼
Contributions10/11€5k€5k=
Reserves13€54k€33k▼
Distributable reserves133€54k€33k▼
Amounts payable17/49€126k€99k▼
Amounts payable after more than one year17€16k€6k▼
Financial debts170/4€16k€6k▼
Amounts payable within one year42/48€109k€93k▼
Current portion of amounts payable after more than one year42€27k€10k▼
Trade debts44€42k€23k▼
Suppliers440/4€42k€23k▼
Taxes, remuneration and social security45€18k€18k▲
Taxes450/3€13k€13k▼
Remuneration and social security454/9€5k€6k▲
Other amounts payable47/48€22k€42k▲
Income statement
Code20242025
Remuneration, social security and pensions62€4k€4k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€25k▼
Other operating charges640/8€818€3k▲
Gross operating margin9900€86k€12k▼
Operating profit (loss)9901€56k€-19k▼
Financial income75/76B-€52
Recurring financial income75-€52
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€53k€-21k▼
Income taxes67/77€12k-
Profit (loss) for the period9904€41k€-21k▼
Profit (loss) for the period to be appropriated9905€41k€-21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€54k€-21k▼
Profit (loss) brought forward from the previous period14P€13k-
Transfer from equity791/2-€21k
Transfer to equity691/2€54k-
To other reserves6921€54k-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-21k
Net result drops to €-21k, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Back to profitnet €41k
Net result €41k after one loss-making year.
08-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 8 days late
2023
24-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 85 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Grimbergen · 1 establishment unit since 2020
Ground area
381 m²
Building footprint
227 m²
Volume, LiDAR
1,211 m³
Parcel 23402E0190/00T009, Flanders · tallest building 10.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
FRITSTATION
since 20202.307.114.217
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23402E0190/00T009 | Flanders | 381 m² | 1 · 227 m² | 10.7 m · 1 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 siteGrimbergen2.307.114.217
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Of 21,853 companies in sector 56112 we hold annual accounts for 9,776. 8,454 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
Founded17-09-2020
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.