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FRIVOLE

Active
Private limited company (pre-2019)founded 200025 yrs activeVeldstraat 38, 3583 Beringen, BelgiumKBO/BCE: BE 0473.279.727
Summary

FRIVOLE has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €255,118 and a net result of -€18,425. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 47% of 18458 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability25▼-74
Solvency55▼-3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity ample (current ratio 2.11 against 2.08 in 2024; short-term debt: 20.9% and cash: 1% of total assets), but 70% of the assets are financed with debt.
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Signals

Three 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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 25 years 0 30 y
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
8 d early
2024
on the day
2023
9 d late
2022
6 d early
2021
27 d early
2020
44 d early
2019
14 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 13 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

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 months
Position in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

History

On 15 November 2000, FRIVOLE was incorporated.1 Total assets went from EUR 192,534 in 2018 to EUR 850,387 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€255,118▼ 15.7%
2024 · €302,675
Total assets
€850,387▼ 7.7%
2024 · €921,324
Net result
-€18,425
2024 · €225,816
Working capital
€198,438▲ 10.1%
2024 · €180,190
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€36,781€15,870▼ 56.9%€68,187▲ 330%€354,892▲ 420%-€10,560
Net result€22,856€2,267▼ 90.1%€36,976▲ 1,531%€225,816▲ 511%-€18,425
Equity€37,615▲ 155%€39,882▲ 6.0%€76,858▲ 92.7%€302,675▲ 294%€255,118▼ 15.7%
Total assets€696,390▼ 2.2%€684,607▼ 1.7%€693,764▲ 1.3%€921,324▲ 32.8%€850,387▼ 7.7%
Debt€658,775▼ 5.5%€644,724▼ 2.1%€616,906▼ 4.3%€618,650▲ 0.3%€595,269▼ 3.8%
Working capital-€30,837▲ 14.2%-€29,355▲ 4.8%-€19,247▲ 34.4%€180,190€198,438▲ 10.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€100,000€0€100,000€200,000€300,000€400,000Operating result 2021: €36,781€36,781Net result 2021: €22,856€22,856Operating result 2022: €15,870€15,870Net result 2022: €2,267€2,267Operating result 2023: €68,187€68,187Net result 2023: €36,976€36,976Operating result 2024: €354,892€354,892Net result 2024: €225,816€225,816Operating result 2025: -€10,560-€10,560Net result 2025: -€18,425-€18,42520212022202320242025-€100,000€0€100,000€200,000€300,000€400,000Operating result 2023: €68,187€68,200Net result 2023: €36,976€37,000Operating result 2024: €354,892€355,000Net result 2024: €225,816€226,000Operating result 2025: -€10,560-€10,600Net result 2025: -€18,425-€18,400202320242025
The operating result turns negative in 2025: a loss of €10,560 after €354,892 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €850,387
Fixed assets €473,923 ▼ 17.5%
Current assets €376,464 ▲ 8.5%
Equity and liabilities €850,387
Equity €255,118 ▼ 15.7%
Debt €595,269 ▼ 3.8%
Debt's share of the balance-sheet total rises from 67.1% to 70.0%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€7,367▼
2024 · €374,436
Cash flow
-€499▼
2024 · €245,361
Current ratio
2.11▲
2024 · 2.08
Debt to equity
2.33▲
2024 · 2.04
ROE
-7.2%▼
2024 · 74.6%
ROA
-2.2%▼
2024 · 24.5%
Interest coverage
1.06▼
2024 · 35.88
Debt ≤ 1 year
€178,026▲
2024 · €166,709
Debt > 1 year
€410,737▼
2024 · €451,940
Income taxes
€976▼
2024 · €118,892
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet Code20242025
Assets
Total assets20/58€921,324€850,387▼
Fixed assets21/28€574,425€473,923▼
Tangible fixed assets22/27€574,425€473,923▼
Land and buildings22€568,564€469,684▼
Plant, machinery and equipment23€5,862€4,239▼
Current assets29/58€346,899€376,464▲
Amounts receivable within one year40/41€292,124€368,097▲
Trade receivables40€148,422€86,213▼
Other amounts receivable41€143,703€281,884▲
Cash at bank and in hand54/58€54,399€8,148▼
Deferred charges and accrued income490/1€375€219▼
Equity and liabilities
Total equity and liabilities10/49€921,324€850,387▼
Equity10/15€302,675€255,118▼
Contributions10/11€18,600€18,600=
Reserves13€284,075€254,944▼
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€282,215€253,084▼
Profit (loss) carried forward14--€18,425
Amounts payable17/49€618,650€595,269▼
Amounts payable after more than one year17€451,940€410,737▼
Financial debts170/4€451,940€410,737▼
Amounts payable within one year42/48€166,709€178,026▲
Current portion of amounts payable after more than one year42€40,555€41,203▲
Trade debts44€722€13,248▲
Suppliers440/4€722€13,248▲
Taxes, remuneration and social security45€125,268€123,150▼
Taxes450/3€125,268€123,150▼
Other amounts payable47/48€165€425▲
Accrued charges and deferred income492/3€0€6,505▲
Income statement Code20242025
Non-recurring operating income76A€0€13,120▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19,544€17,927▼
Other operating charges640/8€12,855€8,746▼
Gross operating margin9900€387,291€16,113▼
Operating profit (loss)9901€354,892-€10,560▼
Financial income75/76B€252€62▼
Recurring financial income75€252€62▼
Financial charges65/66B€10,436€6,952▼
Recurring financial charges65€10,436€6,952▼
Profit (loss) for the period before taxes9903€344,708-€17,450▼
Income taxes67/77€118,892€976▼
Profit (loss) for the period9904€225,816-€18,425▼
Profit (loss) for the period to be appropriated9905€225,816-€18,425▼
Appropriation of the result
Profit (loss) to be appropriated9906€225,816-€18,425▼
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2-€29,131
Transfer to equity691/2€225,816-
To other reserves6921€225,816-
Profit to be distributed694/7-€29,131
Return on contributions (dividend)694-€29,131

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A--€319€0€13,120-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26,583€24,666€20,608€19,544€17,927▼ 8.3%
Other operating charges640/8€4,903€5,883€6,493€12,855€8,746▼ 32.0%
Gross operating margin9900€68,266€46,419€95,288€387,291€16,113▼ 95.8%
Operating profit (loss)9901€36,781€15,870€68,187€354,892-€10,560▼ 103%
Financial income75/76B€30€0-€252€62▼ 75.4%
Recurring financial income75€30€0-€252€62▼ 75.4%
Financial charges65/66B€12,490€11,633€10,718€10,436€6,952▼ 33.4%
Recurring financial charges65€12,490€11,633€10,718€10,436€6,952▼ 33.4%
Profit (loss) for the period before taxes9903€24,320€4,237€57,469€344,708-€17,450▼ 105%
Income taxes67/77€1,464€1,970€20,493€118,892€976▼ 99.2%
Profit (loss) for the period9904€22,856€2,267€36,976€225,816-€18,425▼ 108%
Profit (loss) for the period to be appropriated9905€22,856€2,267€36,976€225,816-€18,425▼ 108%
Line20212022202320242025Change
Assets
Total assets20/58€696,390€684,607€693,764€921,324€850,387▼ 7.7%
Fixed assets21/28€634,450€609,783€589,176€574,425€473,923▼ 17.5%
Tangible fixed assets22/27€634,450€609,783€589,176€574,425€473,923▼ 17.5%
Land and buildings22€624,422€605,803€587,183€568,564€469,684▼ 17.4%
Plant, machinery and equipment23€3,321€2,657€1,993€5,862€4,239▼ 27.7%
Furniture and vehicles24€6,706€1,324€0---
Current assets29/58€61,940€74,824€104,589€346,899€376,464▲ 8.5%
Amounts receivable within one year40/41€43,201€47,993€78,779€292,124€368,097▲ 26.0%
Trade receivables40€9,763€14,334€78,595€148,422€86,213▼ 41.9%
Other amounts receivable41€33,438€33,659€184€143,703€281,884▲ 96.2%
Cash at bank and in hand54/58€14,947€25,131€21,554€54,399€8,148▼ 85.0%
Deferred charges and accrued income490/1€3,792€1,700€4,255€375€219▼ 41.8%
Equity and liabilities
Total equity and liabilities10/49€696,390€684,607€693,764€921,324€850,387▼ 7.7%
Equity10/15€37,615€39,882€76,858€302,675€255,118▼ 15.7%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Reserves13€30,991€30,991€58,258€284,075€254,944▼ 10.3%
Non-distributable reserves130/1€1,860€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860€1,860€1,860€1,860=
Distributable reserves133€29,131€29,131€56,398€282,215€253,084▼ 10.3%
Profit (loss) carried forward14-€11,976-€9,709€0--€18,425-
Amounts payable17/49€658,775€644,724€616,906€618,650€595,269▼ 3.8%
Amounts payable after more than one year17€565,997€529,500€492,495€451,940€410,737▼ 9.1%
Financial debts170/4€565,997€529,500€492,495€451,940€410,737▼ 9.1%
Amounts payable within one year42/48€92,777€104,178€123,836€166,709€178,026▲ 6.8%
Current portion of amounts payable after more than one year42€35,989€36,497€37,005€40,555€41,203▲ 1.6%
Financial debts43€68€396€0---
Credit institutions430/8€68€396€0---
Trade debts44€5,935€13,511€42,062€722€13,248▲ 1,734%
Suppliers440/4€5,935€13,511€42,062€722€13,248▲ 1,734%
Taxes, remuneration and social security45€3,469€9,451€34,913€125,268€123,150▼ 1.7%
Taxes450/3€3,469€9,451€34,913€125,268€123,150▼ 1.7%
Other amounts payable47/48€47,317€44,323€9,856€165€425▲ 158%
Accrued charges and deferred income492/3-€11,046€575€0€6,505-
Line20212022202320242025Change
Profit (loss) for the period9904€22,856€2,267€36,976€225,816-€18,425▼ 108%
+ Depreciation and write-downs630€26,583€24,666€20,608€19,544€17,927▼ 8.3%
Operating cash flow (approximation)€49,439€26,933€57,583€245,361-€499▼ 100%
Investment in fixed assets (approximation)-€0€0-€4,794€82,576▲ 1,822%
Change in cash-€10,183-€3,577€32,845-€46,251▼ 241%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
23-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2018net €225,816 ▲511%
Operating result €354,892, net result €225,816, both a record.
31-12
Financial Liquidity doublescurrent ratio 2.08
Current ratio from 0.84 to 2.08.
31-12
Financial Equity above €200,000Eq €302,675 ▲294%
4 profitable years in a row build equity to €302,675.
09-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 9 days late
2023
25-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
04-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Back to profitnet €22,856
Net result €22,856 after one loss-making year.
17-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Weakest financial yearnet -€35,467
Net result drops to -€35,467, the lowest in the series; recovery starts the following year.
17-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
17-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
16-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 16 days late
2017
09-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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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, Beringen · 1 establishment unit since 2000
seat establishment The establishment unit on the map
Ground area
832 m²
Building footprint
145 m²
Volume, LiDAR
802 m³
Parcel 71049B1212/00G002, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Veldstraat 38, 3583 Beringen
NACE 4531002
since 20002.116.069.450
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71049B1212/00G002 Flanders 832 m² 1 · 145 m² 8.0 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.

Similar companies · same sector, comparable size

Of 505 companies in sector 47713 we hold annual accounts for 196. 131 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 (pre-2019)
Founded15-11-2000
Fiscal year end31-12
Activities, NACEBEL 2025
47713Retail trade
43990Other specialised construction activities

Scores and ratios are computed by Checked and are not a credit decision.