Frituur Station

Active

Private limited companyfounded 20215 yrs activeProvincieweg 82, 9552 Herzele, BelgiumKBO/BCE: BE 0765.610.013

The computed 12-month bankruptcy probability of Frituur Station is 5.1% (elevated). The 2025 annual accounts show equity of €8k and a net result of €-8k. Equity is shrinking by ~28.1% per year across the filed fiscal years. Its solvency ranks better than 32% of 13270 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

42 / 100

Weak

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

Axes · tick = 2024

Profitability57▼-12

Solvency35▼-5

Growth32=

Track record94

Bankruptcy probability, 12 months

5.1% Elevated

0%0.5%1.5%4%10%≥ 25%

No publishable credit limit; credit only on tighter terms

Liquidity short (current ratio 0.86 against 0.86 in 2024; short-term debt: 44.1% and cash: 11.3% of total assets), and 90.4% 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

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

+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 →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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 2025

Solvency, return and age of the figures

Solvency

9.6%

Return on assets

-9.1%

Age of the figures

18 mo

Persistent losses

Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2025

Net result per financial year

22232425

2022 to 2025 · latest year €-8k

Latest accounts filed on time

The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-09-2025, 31 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

31 d early

2024

26 d late

2023

33 d early

2022

3 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.

Companies Code · seven months

Position in the running window

31-03-2026 close22-09-2026 today31-10-2026 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 2025, micro schema

Equity

€8k▼ 48.8%

2024 · €16k

2022: €22k 2023: €16k 2024: €16k

2022 → 2025

Total assets

€85k▼ 21.5%

2024 · €108k

2022: €153k 2023: €135k 2024: €108k

2022 → 2025

Net result

€-8k▼ 24,683%

2024 · €-31

2022: €19k 2023: €-6k 2024: €-31

2022 → 2025

Working capital

€-5k▼ 8.2%

2024 · €-5k

2022: €-14k 2023: €-11k 2024: €-5k

2022 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2022202320242025Trend

Equity€22k-€16k▼ 27.9%€16k▼ 0.2%€8k▼ 48.8%

Operating result€29k-€-4k€2k€-6k

Net result€19k-€-6k€-31▲ 99.5%€-8k▼ 24,683%

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 €6k after €2k in 2024, the lowest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €85k

62.0%

38.0%

Fixed assets €53k▼ 32.2%

Current assets €32k▲ 5.8%

Equity and liabilities €85k

10%

90.4%

Equity €8k▼ 48.8%

Debt €77k▼ 16.8%

The debt ratio rises from 85.3% to 90.4%. Equity and debt are lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€19k▼

2024 · €27k

Cash flow

€17k▼

2024 · €25k

Solvency

9.6%▼

2024 · 14.7%

Current ratio

0.86▼

2024 · 0.86

Quick ratio

0.86▼

2024 · 0.86

Debt / equity

9.42▲

2024 · 5.80

ROE

-95.2%▼

2024 · -0.2%

ROA

-9.1%▼

2024 · 0.0%

Interest coverage

10.40▼

2024 · 12.48

Debt

€77k▼

2024 · €92k

Debt ≤ 1 year

€37k▲

2024 · €35k

Debt > 1 year

€39k▼

2024 · €57k

Staff costs

€7k▲

2024 · €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 · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€108k€85k▼

Fixed assets21/28€78k€53k▼

Intangible fixed assets21€39k€33k▼

Tangible fixed assets22/27€39k€20k▼

Land and buildings22€38k€19k▼

Plant, machinery and equipment23€981€560▼

Financial fixed assets28€20-

Current assets29/58€30k€32k▲

Amounts receivable within one year40/41€17k€22k▲

Trade receivables40-€25

Other amounts receivable41€17k€22k▲

Cash at bank and in hand54/58€14k€10k▼

Deferred charges and accrued income490/1-€708

Equity and liabilities

Total equity and liabilities10/49€108k€85k▼

Equity10/15€16k€8k▼

Contributions10/11€3k€3k=

Reserves13€19k€19k=

Distributable reserves133€19k€19k=

Profit (loss) carried forward14€-6k€-14k▼

Amounts payable17/49€92k€77k▼

Amounts payable after more than one year17€57k€39k▼

Financial debts170/4€57k€39k▼

Amounts payable within one year42/48€35k€37k▲

Current portion of amounts payable after more than one year42€24k€24k▲

Trade debts44€6k€13k▲

Suppliers440/4€6k€13k▲

Taxes, remuneration and social security45€1k€647▼

Taxes450/3-€647

Remuneration and social security454/9€1k-

Other amounts payable47/48€4k-

Income statement Code20242025

Remuneration, social security and pensions62€6k€7k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€25k=

Other operating charges640/8€1k€984▼

Gross operating margin9900€34k€27k▼

Operating profit (loss)9901€2k€-6k▼

Financial income75/76B€45€199▲

Recurring financial income75€45€199▲

Financial charges65/66B€2k€2k▼

Recurring financial charges65€2k€2k▼

Profit (loss) for the period before taxes9903€-31€-8k▼

Profit (loss) for the period9904€-31€-8k▼

Profit (loss) for the period to be appropriated9905€-31€-8k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-6k€-14k▼

Profit (loss) brought forward from the previous period14P€-6k€-6k▼

The notes to these accounts (9 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 5Financial 1Filings 4

Next filing, fiscal year 2026, expected by 31-10-2026

2025

30-09

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

31-03

Financial Weakest financial yearnet €-8k

Net result drops to €-8k, the lowest in the series.

2024

26-11

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 26 days late

2023

28-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2022

28-10

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

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

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, Herzele · 1 establishment unit since 2021

establishment approximate 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.

Provincieweg 829552 Herzele

Ground area

999 m²

Building footprint

644 m²

Volume, LiDAR

3,084 m³

2 parcels, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

Frituur Station

Mergellaan 2, 9550 HerzeleFood and beverage service activities

since 20212.315.970.614

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
41008B0267/00M000 ProtectedTownscape or village viewParochiekerk Sint-Antonius en omgevingSource ↗	Flanders	736 m²	1 · 550 m²	9.6 m · 1 fl.
41027B0165/00K000indicative	Flanders	264 m²	1 · 94 m²	7.2 m · 2 fl.