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FRNDZ

Active
Private limited companyfounded 20242 yrs activede Villegas de Clercampstraat 79, 1853 Grimbergen, BelgiumKBO/BCE: BE 1013.961.388
Summary

FRNDZ has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €30,540 and a net result of €29,040. Its solvency ranks better than 58% of 37948 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2024
Axes
Profitability100
Solvency91
Growth-
Track record67
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity ample (current ratio 2.81; short-term debt: 34.4% and cash: 40.4% of total assets), and 34.4% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-06-2025, 41 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
41 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 41 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
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 23 September 2024, FRNDZ was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€30,540
Total assets
€46,541
Net result
€29,040
Working capital
€28,981

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

Balance-sheet composition
Assets €46,541
Fixed assets €1,559
Current assets €44,982
Equity and liabilities €46,541
Equity €30,540
Debt €16,000
Debt finances 34.4% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€37,774
Cash flow
€29,115
Current ratio
2.81
Debt to equity
0.52
ROE
95.1%
ROA
62.4%
Interest coverage
33.09
Debt ≤ 1 year
€16,000
Income taxes
€7,518

Peer companies

Historical observation

Of the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 39,276 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
Filed annual accounts As filed with the NBB · 2024 · 31 lines
Balance sheet Code2024
Assets
Total assets20/58€46,541
Fixed assets21/28€1,559
Tangible fixed assets22/27€1,559
Furniture and vehicles24€1,559
Current assets29/58€44,982
Amounts receivable within one year40/41€26,163
Trade receivables40€25,681
Other amounts receivable41€482
Cash at bank and in hand54/58€18,819
Equity and liabilities
Total equity and liabilities10/49€46,541
Equity10/15€30,540
Contributions10/11€1,500
Profit (loss) carried forward14€29,040
Amounts payable17/49€16,000
Amounts payable within one year42/48€16,000
Trade debts44€1,010
Suppliers440/4€1,010
Taxes, remuneration and social security45€11,791
Taxes450/3€11,791
Other amounts payable47/48€3,200
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€74
Other operating charges640/8€1,002
Gross operating margin9900€38,776
Operating profit (loss)9901€37,700
Financial charges65/66B€1,142
Recurring financial charges65€1,142
Profit (loss) for the period before taxes9903€36,558
Income taxes67/77€7,518
Profit (loss) for the period9904€29,040
Profit (loss) for the period to be appropriated9905€29,040
Appropriation of the result
Profit (loss) to be appropriated9906€29,040

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€74
Other operating charges640/8€1,002
Gross operating margin9900€38,776
Operating profit (loss)9901€37,700
Financial charges65/66B€1,142
Recurring financial charges65€1,142
Profit (loss) for the period before taxes9903€36,558
Income taxes67/77€7,518
Profit (loss) for the period9904€29,040
Profit (loss) for the period to be appropriated9905€29,040
Line2024
Assets
Total assets20/58€46,541
Fixed assets21/28€1,559
Tangible fixed assets22/27€1,559
Furniture and vehicles24€1,559
Current assets29/58€44,982
Amounts receivable within one year40/41€26,163
Trade receivables40€25,681
Other amounts receivable41€482
Cash at bank and in hand54/58€18,819
Equity and liabilities
Total equity and liabilities10/49€46,541
Equity10/15€30,540
Contributions10/11€1,500
Profit (loss) carried forward14€29,040
Amounts payable17/49€16,000
Amounts payable within one year42/48€16,000
Trade debts44€1,010
Suppliers440/4€1,010
Taxes, remuneration and social security45€11,791
Taxes450/3€11,791
Other amounts payable47/48€3,200
Line2024
Profit (loss) for the period9904€29,040
+ Depreciation and write-downs630€74
Operating cash flow (approximation)€29,115

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

2025
20-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
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, Grimbergen · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
703 m²
Building footprint
160 m²
Volume, LiDAR
1,661 m³
Parcel 23084A0545/00K012, Flanders · tallest building 13.1 m, ±3 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
FRNDZ
de Villegas de Clercampstraat 79, 1853 GrimbergenBusiness consulting
since 20242.364.062.917
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23084A0545/00K012 Flanders 703 m² 1 · 160 m² 13.1 m · 3 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.

Recognitions · licences · registrations

Legal Entity Identifier

254900V1688QNAFKDR61
live in the LEI register

Similar companies · same sector, comparable size

Of 82,642 companies in sector 70200 we hold annual accounts for 52,626. 34,530 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
Founded23-09-2024
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
78100Employment placement agencies
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1013961388
Also 9925:BE1013961388
Registered 29-10-2025

Register as of 27 September 2026 · Peppol Directory

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