FRIUS
ActiveSummary
FRIUS has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €82,931 and a net result of €32,704. Equity is growing by ~9.8% per year across the filed fiscal years. Its solvency ranks better than 60% of 2278 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+10
Solvency93▲+9
Growth58▲+17
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 2.9 against 2.02 in 2023; short-term debt: 30% and cash: 0.7% of total assets), and 32.4% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
about 52% fewer 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-09-2025, 34 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
34 d late
2023
1 d early
2022
31 d late
2021
6 d early
2020
25 d late
2019
91 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 29 days after the deadline; the sector median for financial year 2024 is 10 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
€187,913▼ 4.5%
2022 · €196,769
EBIT margin
11.4%▲ 9.3pp
2022 · 2.0%
Net result
€32,704▲ 58.1%
2023 · €20,682
Working capital
€69,729▲ 116%
2023 · €32,308
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 63, Computing infrastructure, data processing, hosting and other information service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€196,769€187,913▼ 4.5%
Operating result€318▼ 99.2%-€30,319€3,987€21,335▲ 435%€43,987▲ 106%
Net result€238within the sector's middle half▼ 99.3%-€31,664below the sector's middle half€4,125within the sector's middle half€20,682within the sector's middle half▲ 401%€32,704within the sector's middle half▲ 58.1%
EBIT margin2.0%11.4%▲ 9.3pp
Equity€57,084within the sector's middle half▲ 0.4%€25,420within the sector's middle half▼ 55.5%€29,545within the sector's middle half▲ 16.2%€50,227within the sector's middle half▲ 70.0%€82,931within the sector's middle half▲ 65.1%
Total assets€79,085within the sector's middle half▼ 25.1%€40,044below the sector's middle half▼ 49.4%€98,895within the sector's middle half▲ 147%€85,357within the sector's middle half▼ 13.7%€122,674within the sector's middle half▲ 43.7%
Debt€22,001▼ 54.9%€14,624▼ 33.5%€69,350▲ 374%€35,130▼ 49.3%€39,743▲ 13.1%
Working capital€54,618within the sector's middle half▲ 5.2%€35,031within the sector's middle half€32,308within the sector's middle half▼ 7.8%€69,729within the sector's middle half▲ 116%
Solvency72.2%within the sector's middle half▲ 18.4pp63.5%within the sector's middle half▼ 8.7pp29.9%within the sector's middle half▼ 33.6pp58.8%within the sector's middle half▲ 29.0pp67.6%within the sector's middle half▲ 8.8pp
Current ratio3.48within the sector's middle half▲ 1.421.55within the sector's middle half2.02within the sector's middle half▲ 0.472.90within the sector's middle half▲ 0.88
Return on assets (ROA)0.3%within the sector's middle half▼ 30.2pp-79.1%below the sector's middle half▼ 79.4pp4.2%within the sector's middle half▲ 83.2pp24.2%within the sector's middle half▲ 20.1pp26.7%within the sector's middle half▲ 2.4pp
above
within
below
the middle half (P25 to P75) of NACE 63, Computing infrastructure, data processing, hosting and other information service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 106% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €122,674
Fixed assets
€16,202 ▼ 24.2%
Current assets
€106,472 ▲ 66.4%
Equity and liabilities €122,674
Equity
€82,931 ▲ 65.1%
Debt
€39,743 ▲ 13.1%
Debt's share of the balance-sheet total falls from 41.2% to 32.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€49,172▲
2023 · €25,094
Cash flow
€37,889▲
2023 · €24,441
Debt to equity
0.48▼
2023 · 0.70
ROE
39.4%▼
2023 · 41.2%
Interest coverage
22.33▲
2023 · 19.73
Debt ≤ 1 year
€36,743▲
2023 · €31,661
Debt > 1 year
€3,000▼
2023 · €3,469
Income taxes
€14,298▲
2023 · €113
Staff costs
€28,749▼
2023 · €38,981
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,349 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | €196,769 | €187,913 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €183,045 | €132,143 | - | - |
| Remuneration, social security and pensions62 | - | - | €16,755 | €38,981 | €28,749 | ▼ 26.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,465 | - | - | €3,759 | €5,185 | ▲ 37.9% |
| Other operating charges640/8 | - | €906 | €1,953 | €3,161 | €1,970 | ▼ 37.7% |
| Gross operating margin9900 | €2,833 | -€29,413 | €22,694 | €67,235 | €79,891 | ▲ 18.8% |
| Operating profit (loss)9901 | €318 | -€30,319 | €3,987 | €21,335 | €43,987 | ▲ 106% |
| Financial income75/76B | - | - | €661 | €731 | €5,217 | ▲ 613% |
| Recurring financial income75 | - | - | €661 | €731 | €5,217 | ▲ 613% |
| Financial charges65/66B | - | €1,287 | €523 | €1,272 | €2,202 | ▲ 73.2% |
| Recurring financial charges65 | €80 | €1,287 | €523 | €1,272 | €2,202 | ▲ 73.2% |
| Profit (loss) for the period before taxes9903 | €238 | -€31,606 | €4,125 | €20,795 | €47,002 | ▲ 126% |
| Income taxes67/77 | - | €58 | - | €113 | €14,298 | ▲ 12,582% |
| Profit (loss) for the period9904 | €238 | -€31,664 | €4,125 | €20,682 | €32,704 | ▲ 58.1% |
| Profit (loss) for the period to be appropriated9905 | €238 | -€31,664 | €4,125 | €20,682 | €32,704 | ▲ 58.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €79,085 | €40,044 | €98,895 | €85,357 | €122,674 | ▲ 43.7% |
| Fixed assets21/28 | €2,466 | - | - | €21,387 | €16,202 | ▼ 24.2% |
| Tangible fixed assets22/27 | €2,466 | - | - | €21,387 | €16,202 | ▼ 24.2% |
| Plant, machinery and equipment23 | - | - | - | €20,610 | €15,814 | ▼ 23.3% |
| Furniture and vehicles24 | - | - | - | €777 | €389 | ▼ 50.0% |
| Current assets29/58 | €76,619 | €40,044 | €98,895 | €63,970 | €106,472 | ▲ 66.4% |
| Amounts receivable after more than one year29 | - | €33,057 | €22,153 | €40,705 | €84,321 | ▲ 107% |
| Trade receivables290 | - | €33,057 | €22,153 | €40,705 | €84,321 | ▲ 107% |
| Amounts receivable within one year40/41 | €4,000 | €4,130 | €67,296 | €21,381 | €21,343 | ▼ 0.2% |
| Trade receivables40 | - | - | €67,296 | €4,378 | €9,401 | ▲ 115% |
| Other amounts receivable41 | - | €4,130 | - | €17,003 | €11,942 | ▼ 29.8% |
| Cash at bank and in hand54/58 | €12,104 | €1,405 | €9,447 | €1,884 | €808 | ▼ 57.1% |
| Deferred charges and accrued income490/1 | - | €1,452 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €79,085 | €40,044 | €98,895 | €85,357 | €122,674 | ▲ 43.7% |
| Equity10/15 | €57,084 | €25,420 | €29,545 | €50,227 | €82,931 | ▲ 65.1% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | - | - |
| Distributable reserves133 | - | - | - | - | €1,860 | - |
| Profit (loss) carried forward14 | €36,624 | €4,960 | €9,085 | €29,767 | €62,471 | ▲ 110% |
| Amounts payable17/49 | €22,001 | €14,624 | €69,350 | €35,130 | €39,743 | ▲ 13.1% |
| Amounts payable after more than one year17 | - | €14,624 | - | €3,469 | €3,000 | ▼ 13.5% |
| Financial debts170/4 | - | €14,624 | - | €3,469 | €3,000 | ▼ 13.5% |
| Amounts payable within one year42/48 | €22,001 | - | €63,864 | €31,661 | €36,743 | ▲ 16.1% |
| Current portion of amounts payable after more than one year42 | - | - | €7,402 | €4,948 | €3,469 | ▼ 29.9% |
| Financial debts43 | - | - | - | €5,707 | - | - |
| Credit institutions430/8 | - | - | - | €5,707 | - | - |
| Trade debts44 | - | - | €21,793 | €16,686 | €3,932 | ▼ 76.4% |
| Suppliers440/4 | - | - | €21,793 | €16,686 | €3,932 | ▼ 76.4% |
| Advances received on contracts in progress46 | - | - | €24,252 | - | - | - |
| Taxes, remuneration and social security45 | - | - | €10,418 | €4,321 | €29,292 | ▲ 578% |
| Taxes450/3 | - | - | €6,558 | €4,321 | €29,292 | ▲ 578% |
| Remuneration and social security454/9 | - | - | €3,860 | - | - | - |
| Other amounts payable47/48 | - | - | - | - | €50 | - |
| Accrued charges and deferred income492/3 | - | - | €5,486 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €238 | -€31,664 | €4,125 | €20,682 | €32,704 | ▲ 58.1% |
| + Depreciation and write-downs630 | €2,465 | - | - | €3,759 | €5,185 | ▲ 37.9% |
| Operating cash flow (approximation) | €2,703 | -€31,664 | €4,125 | €24,441 | €37,889 | ▲ 55.0% |
| Investment in fixed assets (approximation) | - | - | - | - | €0 | - |
| Change in cash | - | -€10,699 | €8,042 | -€7,563 | -€1,076 | ▲ 85.8% |
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
2025
03-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 34 days late
2024
31-12
Financial
Highest result since 2018net €32,704 ▲58.1%
Operating result €43,987, net result €32,704, both a record.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Back to profitnet €4,125
Net result €4,125 after one loss-making year.
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet -€31,664
Net result drops to -€31,664, the lowest in the series; recovery starts the following year.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 56 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 1989
Ground area
5,719 m²
Building footprint
258 m²
Volume, LiDAR
1,272 m³
Parcel 46028D0701/00C000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WORLD SPORTS CARS
since 19892.045.316.462
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46028D0701/00C000 | Flanders | 5,719 m² | 1 · 258 m² | 8.4 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 · 1,349 EUR awarded · 1,349 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,349 EUR | 1,349 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
875500A4UYTEQMHY7152
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Of 3,149 companies in sector 63920 we hold annual accounts for 1,525. 1,249 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded07-10-1989
Fiscal year end31-12
Activities, NACEBEL 2025
63920Other information service activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0438637067
Also
9925:BE0438637067
Registered
28-08-2023
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.