FRITSTOP
ActiveSummary
The computed 12-month bankruptcy probability of FRITSTOP is 1.5% (moderate). The 2025 annual accounts show equity of €23k and a net result of €-5k. Equity is growing by ~28.7% per year across the filed fiscal years. Its solvency ranks better than 54% of 13417 sector peers (fiscal year 2025). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability12▼-60
Solvency60▼-6
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 12.24 against 1.19 in 2024; short-term debt: 5.7% and cash: 9.1% of total assets), but 64.7% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
35.3%
Return on assets
-8.3%
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 · 10 filingsDeviation from the deadline
2025
2 d early
2024
24 d early
2023
6 d late
2022
28 d late
2021
5 d late
2020
23 d late
2019
28 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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€23k▼ 21.8%
2024 · €30k
Total assets
€66k▼ 8.1%
2024 · €71k
Net result
€-5k
2024 · €2k
Working capital
€42k▲ 428%
2024 · €8k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€21k▼ 1.5%€-1k€7k€4k▼ 51.2%€-4k
Net result€18k▼ 7.4%€-3k€5k€2k▼ 61.6%€-5k
Equity€27k▲ 224%€24k▼ 11.4%€29k▲ 23.3%€30k▲ 1.8%€23k▼ 21.8%
Total assets€83k▲ 3.5%€71k▼ 14.0%€65k▼ 9.4%€71k▲ 10.6%€66k▼ 8.1%
Debt€56k▼ 21.7%€48k▼ 15.2%€35k▼ 25.6%€42k▲ 17.8%€42k▲ 1.6%
Working capital€-10k▲ 66.5%€-8k▲ 17.1%€1k€8k▲ 668%€42k▲ 428%
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 €4k after €4k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €66k
Fixed assets
€19k ▼ 9.9%
Current assets
€46k ▼ 7.4%
Equity and liabilities €66k
Equity
€23k ▼ 21.8%
Debt
€42k ▲ 1.6%
Debt's share of the balance-sheet total rises from 58.5% to 64.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€751▼
2024 · €10k
Cash flow
€-891▼
2024 · €9k
Current ratio
12.24▲
2024 · 1.19
Quick ratio
10.91▲
2024 · 1.07
Debt to equity
1.83▲
2024 · 1.41
ROE
-23.4%▼
2024 · 7.1%
ROA
-8.3%▼
2024 · 3.0%
Interest coverage
0.40▼
2024 · 6.92
Debt ≤ 1 year
€4k▼
2024 · €42k
Income taxes
€0▼
2024 · €0
Staff costs
€19k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | €19k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10k | €9k | €7k | €6k | €5k | ▼ 29.9% |
| Other operating charges640/8 | €945 | €1k | €2k | €1k | €708 | ▼ 30.8% |
| Gross operating margin9900 | €32k | €9k | €16k | €11k | €21k | ▲ 87.5% |
| Operating profit (loss)9901 | €21k | €-1k | €7k | €4k | €-4k | ▼ 206% |
| Financial income75/76B | - | €32 | €1 | - | €230 | - |
| Recurring financial income75 | - | €32 | €1 | - | €230 | - |
| Financial charges65/66B | €2k | €2k | €2k | €1k | €2k | ▲ 29.1% |
| Recurring financial charges65 | €2k | €2k | €2k | €1k | €2k | ▲ 29.1% |
| Profit (loss) for the period before taxes9903 | €19k | €-3k | €6k | €2k | €-5k | ▼ 357% |
| Income taxes67/77 | €752 | - | €246 | €0 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €18k | €-3k | €5k | €2k | €-5k | ▼ 357% |
| Profit (loss) for the period to be appropriated9905 | €18k | €-3k | €5k | €2k | €-5k | ▼ 357% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €83k | €71k | €65k | €71k | €66k | ▼ 8.1% |
| Fixed assets21/28 | €44k | €35k | €28k | €22k | €19k | ▼ 9.9% |
| Tangible fixed assets22/27 | €42k | €33k | €26k | €20k | €19k | ▼ 4.8% |
| Land and buildings22 | €10k | €5k | €3k | €625 | €263 | ▼ 57.9% |
| Plant, machinery and equipment23 | €32k | €27k | €23k | €19k | €16k | ▼ 14.2% |
| Furniture and vehicles24 | - | - | - | - | €2k | - |
| Financial fixed assets28 | €2k | €2k | €2k | €2k | €700 | ▼ 63.2% |
| Current assets29/58 | €39k | €37k | €36k | €50k | €46k | ▼ 7.4% |
| Stocks and contracts in progress3 | €1k | €6k | €5k | €5k | €5k | = |
| Stocks30/36 | €1k | €6k | €5k | €5k | €5k | = |
| Amounts receivable within one year40/41 | €825 | €2k | €2k | €4k | €35k | ▲ 830% |
| Trade receivables40 | - | €735 | €2k | €1k | €682 | ▼ 44.2% |
| Other amounts receivable41 | €825 | €1k | - | €3k | €34k | ▲ 1,248% |
| Cash at bank and in hand54/58 | €37k | €29k | €29k | €41k | €6k | ▼ 85.3% |
| Deferred charges and accrued income490/1 | €357 | €398 | €417 | €434 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €83k | €71k | €65k | €71k | €66k | ▼ 8.1% |
| Equity10/15 | €27k | €24k | €29k | €30k | €23k | ▼ 21.8% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €8k | €8k | €10k | €11k | €10k | ▼ 9.2% |
| Non-distributable reserves130/1 | €504 | €504 | - | - | - | - |
| Reserves not available under the articles1311 | €504 | €504 | - | - | - | - |
| Distributable reserves133 | €8k | €8k | €10k | €11k | €10k | ▼ 9.2% |
| Profit (loss) carried forward14 | - | €-3k | - | - | €-5k | - |
| Amounts payable17/49 | €56k | €48k | €35k | €42k | €42k | ▲ 1.6% |
| Amounts payable after more than one year17 | €7k | €3k | - | - | - | - |
| Financial debts170/4 | €7k | €3k | - | - | - | - |
| Amounts payable within one year42/48 | €49k | €45k | €35k | €42k | €4k | ▼ 91.0% |
| Current portion of amounts payable after more than one year42 | €4k | €5k | €3k | - | - | - |
| Trade debts44 | €3k | €3k | €2k | €2k | €3k | ▲ 43.3% |
| Suppliers440/4 | €3k | €3k | €2k | €2k | €3k | ▲ 43.3% |
| Taxes, remuneration and social security45 | €6k | €2k | €3k | €10k | €633 | ▼ 93.7% |
| Taxes450/3 | €4k | €240 | €1k | €113 | €633 | ▲ 459% |
| Remuneration and social security454/9 | €2k | €2k | €2k | €10k | - | - |
| Other amounts payable47/48 | €35k | €35k | €28k | €29k | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €39k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18k | €-3k | €5k | €2k | €-5k | ▼ 357% |
| + Depreciation and write-downs630 | €10k | €9k | €7k | €6k | €5k | ▼ 29.9% |
| Operating cash flow (approximation) | €28k | €6k | €12k | €9k | €-891 | ▼ 110% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €-2k | - |
| Change in cash | - | €-8k | €591 | €11k | €-35k | ▼ 404% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-08
State Gazette act
Resignation: Jeffrey Machiels (director)Director discharge3 facts ▸
State Gazette act
Resignation: Jeffrey Machiels (director)
Director discharge3 facts ▸
- General meeting, 03-08-2026
- Director resignation, Jeffrey Machiels (director)
- Director discharge, Jeffrey Machiels
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-5k
Net result drops to €-5k, the lowest in the series.
31-12
Financial
Liquidity times 10current ratio 12.24
Current ratio from 1.19 to 12.24; short-term debt falls from €42k to €4k.
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
06-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 6 days late
2023
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
05-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 5 days late
2021
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
31-12
Financial
Highest result since 2018net €20k ▲91.3%
Operating result €21k, net result €20k, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
Show earlier events
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
17-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 7 acts read
About the unread acts
Of the 7 Belgian State Gazette acts we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
no sitting director, last change in 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
03-08-2026
Resigned as Director
Not every act has been read: a resignation may be missing here
6 of this company's 7 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 2004
Ground area
632 m²
Building footprint
169 m²
Volume, LiDAR
730 m³
Parcel 71054B0044/00D002, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Fritstop
since 20042.142.079.110
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71054B0044/00D002 | Flanders | 632 m² | 1 · 169 m² | 7.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Recognitions · licences · registrations
Food safety, FASFC
1 siteHasselt2.142.079.110
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Of 21,861 companies in sector 56112 we hold annual accounts for 9,778. 8,205 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded29-09-2004
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
Contact
Phone
0494/31.32.94Hasselt
Scores and ratios are computed by Checked and are not a credit decision.