FRITURE MERODE

Active

Private limited companyfounded 200223 yrs activeKeltenlaan 11, 1040 Etterbeek, BelgiumKBO/BCE: BE 0479.118.137

The computed 12-month bankruptcy probability of FRITURE MERODE is 2.4% (moderate). The 2024 annual accounts show equity of €59k and a net result of €201. Equity is growing by ~13.9% 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 2002 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

77 / 100

Excellent

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability69▲+59

Solvency100=

Growth52=

Track record100

Bankruptcy probability, 12 months

2.4% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €4.5k at 30 days acceptable

Liquidity ample (current ratio 11.45 against 9.27 in 2023; short-term debt: 7.6% and cash: 43.7% of total assets), and 7.6% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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 →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-06-2025, 45 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

45 d early

2023

6 d late

2022

52 d early

2021

53 d early

2020

31 d early

2019

17 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€59k▲ 0.3%

2023 · €59k

2018: €27k 2019: €41k 2020: €38k 2021: €41k 2022: €64k 2023: €59k

2018 → 2024

Total assets

€64k▼ 1.9%

2023 · €66k

2018: €36k 2019: €54k 2020: €44k 2021: €45k 2022: €71k 2023: €66k

2018 → 2024

Net result

€201

2023 · €-5k

2018: €9k 2019: €14k 2020: €-2k 2021: €2k 2022: €23k 2023: €-5k

2018 → 2024

Working capital

€51k▼ 2.1%

2023 · €52k

2018: €18k 2019: €36k 2020: €37k 2021: €39k 2022: €58k 2023: €52k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€38k-€41k▲ 6.5%€64k▲ 56.0%€59k▼ 7.2%€59k▲ 0.3%

Operating result€-2k-€3k€24k▲ 826%€-4k€361

Net result€-2k-€2k€23k▲ 821%€-5k€201

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2024: €361 after a loss of €4k in 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €64k

13.0%

87.0%

Fixed assets €8k▲ 18.2%

Current assets €56k▼ 4.3%

Equity and liabilities €64k

92.4%

Equity €59k▲ 0.3%

Debt €5k▼ 22.5%

The debt ratio falls from 9.6% to 7.6%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€2k▲

2023 · €-3k

Cash flow

€2k▲

2023 · €-4k

Solvency

92.4%▲

2023 · 90.4%

Current ratio

11.45▲

2023 · 9.27

Quick ratio

10.12▲

2023 · 8.34

Debt / equity

0.08▼

2023 · 0.11

ROE

0.3%▲

2023 · -7.8%

ROA

0.3%▲

2023 · -7.0%

Interest coverage

14.33▲

2023 · -17.79

Debt

€5k▼

2023 · €6k

Debt ≤ 1 year

€5k▼

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€66k€64k▼

Fixed assets21/28€7k€8k▲

Tangible fixed assets22/27€6k€7k▲

Furniture and vehicles24€3k€2k▼

Other tangible fixed assets26€2k€5k▲

Financial fixed assets28€1k€1k=

Current assets29/58€58k€56k▼

Stocks and contracts in progress3€6k€7k▲

Stocks30/36€6k€7k▲

Amounts receivable within one year40/41€24k€21k▼

Other amounts receivable41€24k€21k▼

Cash at bank and in hand54/58€29k€28k▼

Equity and liabilities

Total equity and liabilities10/49€66k€64k▼

Equity10/15€59k€59k▲

Contributions10/11€19k€19k=

Reserves13€2k€2k=

Non-distributable reserves130/1€2k€2k=

Reserves not available under the articles1311€2k€2k=

Profit (loss) carried forward14€39k€39k▲

Amounts payable17/49€6k€5k▼

Amounts payable within one year42/48€6k€5k▼

Trade debts44€6k€4k▼

Suppliers440/4€6k€4k▼

Taxes, remuneration and social security45-€494

Taxes450/3-€494

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲

Other operating charges640/8€384€3k▲

Gross operating margin9900€-3k€5k▲

Operating profit (loss)9901€-4k€361▲

Financial income75/76B€2-

Recurring financial income75€2-

Financial charges65/66B€191€160▼

Recurring financial charges65€191€160▼

Profit (loss) for the period before taxes9903€-5k€201▲

Profit (loss) for the period9904€-5k€201▲

Profit (loss) for the period to be appropriated9905€-5k€201▲

Appropriation of the result

Profit (loss) to be appropriated9906€39k€39k▲

Profit (loss) brought forward from the previous period14P€43k€39k▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 14Financial 4Filings 10

2025

16-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Back to profitnet €201

Net result €201 after one loss-making year.

06-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 6 days late

2023

31-12

Financial Weakest financial yearnet €-5k ▼120%

Net result drops to €-5k, the lowest in the series; recovery starts the following year.

09-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Highest result since 2018net €23k ▲821%

Operating result €24k, net result €23k, both a record.

08-06

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

31-12

Financial Back to profitnet €2k

Net result €2k after one loss-making year.

30-06

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

17-08

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 17 days late

2019

09-08

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 9 days late

2018

30-08

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 30 days late

2017

23-06

NBB filing Annual accounts filed

fiscal year 2016 · micro schema

2016

24-06

NBB filing Annual accounts filed

fiscal year 2015 · full schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

4 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, Etterbeek · 1 establishment unit since 2003

establishment The establishment unit on the map

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.

Keltenlaan 111040 Etterbeek

Ground area

89 m²

Building footprint

80 m²

Volume, LiDAR

772 m³

Parcel 21005A0519/00B002, Brussels · tallest building 20.0 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

Keltenlaan 11, 1040 Etterbeek

NACE 5530201

since 20032.126.837.836

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21005A0519/00B002	Brussels	89 m²	1 · 80 m²	20.0 m · 3 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 site

Etterbeek2.126.837.836

1 permission

Toelating · Pita-house, pita-bar · since 01-01-2006

Similar companies · same sector, comparable size

Of 20,495 companies in sector 56111 we hold annual accounts for 11,458. 9,869 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded19-12-2002

Fiscal year end31-12

Activities, NACEBEL

55301

55302

56101Full-service restaurants

56102Limited-service restaurants

56111Full-service restaurants

56112Limited-service restaurants, excluding mobile food services

Sources

Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.