Summary
Froka is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €169,433 and a net result of €36,734. Equity is growing by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 65% of 9866 sector peers (fiscal year 2024). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-10-2025, 69 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
69 d late
2023
65 d late
2022
70 d late
2021
78 d late
2020
108 d late
2019
73 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 77 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€169,433▲ 27.7%
2023 · €132,699
Net result
€36,734▲ 29.7%
2023 · €28,330
Total assets
€243,466▲ 1.9%
2023 · €239,000
Solvency
69.6%▲ 14.1pp
2023 · 55.5%
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
Line20202021202220232024
Operating result€29,542▼ 42.2%€26,113▼ 11.6%€9,557▼ 63.4%€14,977▲ 56.7%€54,990▲ 267%
Net result€20,425▼ 45.5%€18,625▼ 8.8%€19,678▲ 5.7%€28,330▲ 44.0%€36,734▲ 29.7%
Equity€166,065▲ 14.0%€184,690▲ 11.2%€154,368▼ 16.4%€132,699▼ 14.0%€169,433▲ 27.7%
Total assets€225,399▼ 1.2%€236,823▲ 5.1%€252,531▲ 6.6%€239,000▼ 5.4%€243,466▲ 1.9%
Debt€59,334▼ 28.1%€52,133▼ 12.1%€98,163▲ 88.3%€106,301▲ 8.3%€74,033▼ 30.4%
Working capital-€48,935▼ 24.3%-€33,986▲ 30.5%-€70,106▼ 106%-€92,301▼ 31.7%-€55,567▲ 39.8%
Solvency73.7%▲ 9.9pp78.0%▲ 4.3pp61.1%▼ 16.9pp55.5%▼ 5.6pp69.6%▲ 14.1pp
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 267% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €243,466
Fixed assets
€225,000 =
Current assets
€18,466 ▲ 31.9%
Equity and liabilities €243,466
Equity
€169,433 ▲ 27.7%
Debt
€74,033 ▼ 30.4%
Debt's share of the balance-sheet total falls from 44.5% to 30.4%. Equity is higher and debt is lower.
Key figures and ratios
ROE
21.7%▲
2023 · 21.3%
ROA
15.1%▲
2023 · 11.9%
Debt ≤ 1 year
€74,033▼
2023 · €106,301
Income taxes
€13,563▲
2023 · €3,643
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €127 | €1,790 | - | - | - |
| Other operating charges640/8 | - | €1,164 | €1,857 | €5,698 | €548 | ▼ 90.4% |
| Gross operating margin9900 | €31,604 | €27,404 | €13,204 | €20,676 | €55,538 | ▲ 169% |
| Operating profit (loss)9901 | €29,542 | €26,113 | €9,557 | €14,977 | €54,990 | ▲ 267% |
| Financial income75/76B | - | €38 | €15,001 | €20,000 | - | - |
| Recurring financial income75 | - | €38 | €15,001 | €20,000 | - | - |
| Financial charges65/66B | - | €1,019 | €750 | €3,004 | €4,693 | ▲ 56.2% |
| Recurring financial charges65 | €1,627 | €1,019 | €750 | €3,004 | €4,693 | ▲ 56.2% |
| Profit (loss) for the period before taxes9903 | €27,914 | €25,132 | €23,809 | €31,973 | €50,298 | ▲ 57.3% |
| Income taxes67/77 | €7,490 | €6,507 | €4,130 | €3,643 | €13,563 | ▲ 272% |
| Profit (loss) for the period9904 | €20,425 | €18,625 | €19,678 | €28,330 | €36,734 | ▲ 29.7% |
| Profit (loss) for the period to be appropriated9905 | €20,425 | €18,625 | €19,678 | €28,330 | €36,734 | ▲ 29.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €225,399 | €236,823 | €252,531 | €239,000 | €243,466 | ▲ 1.9% |
| Fixed assets21/28 | €225,000 | €228,676 | €234,474 | €225,000 | €225,000 | = |
| Tangible fixed assets22/27 | - | €3,676 | €9,474 | - | - | - |
| Furniture and vehicles24 | - | €3,676 | €9,474 | - | - | - |
| Financial fixed assets28 | €225,000 | €225,000 | €225,000 | €225,000 | €225,000 | = |
| Current assets29/58 | €399 | €8,147 | €18,056 | €14,000 | €18,466 | ▲ 31.9% |
| Amounts receivable within one year40/41 | €0 | €741 | €12,744 | €6,222 | €3,045 | ▼ 51.1% |
| Trade receivables40 | - | €639 | €12,744 | - | €3,045 | - |
| Other amounts receivable41 | - | €101 | €0 | €6,222 | - | - |
| Cash at bank and in hand54/58 | €399 | €6,640 | €4,372 | €7,778 | €15,421 | ▲ 98.3% |
| Deferred charges and accrued income490/1 | - | €766 | €940 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €225,399 | €236,823 | €252,531 | €239,000 | €243,466 | ▲ 1.9% |
| Equity10/15 | €166,065 | €184,690 | €154,368 | €132,699 | €169,433 | ▲ 27.7% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Capital10 | - | €20,000 | €20,000 | €20,000 | - | - |
| Issued capital100 | - | €20,000 | €20,000 | €20,000 | - | - |
| Reserves13 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Non-distributable reserves130/1 | - | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Legal reserve130 | - | €2,000 | €2,000 | €2,000 | - | - |
| Reserves not available under the articles1311 | - | - | - | - | €2,000 | - |
| Profit (loss) carried forward14 | €144,065 | €162,690 | €132,368 | €110,699 | €147,433 | ▲ 33.2% |
| Amounts payable17/49 | €59,334 | €52,133 | €98,163 | €106,301 | €74,033 | ▼ 30.4% |
| Amounts payable after more than one year17 | €10,000 | €10,000 | €10,000 | - | - | - |
| Other amounts payable178/9 | - | €10,000 | €10,000 | - | - | - |
| Amounts payable within one year42/48 | €49,334 | €42,133 | €88,163 | €106,301 | €74,033 | ▼ 30.4% |
| Trade debts44 | €9,764 | €14,255 | €15,451 | €21,444 | €6,600 | ▼ 69.2% |
| Suppliers440/4 | - | €14,255 | €15,451 | €21,444 | €6,600 | ▼ 69.2% |
| Taxes, remuneration and social security45 | - | €18,701 | €13,445 | €19,857 | €29,671 | ▲ 49.4% |
| Taxes450/3 | - | €18,701 | €13,445 | €19,857 | €29,671 | ▲ 49.4% |
| Other amounts payable47/48 | - | €9,177 | €59,266 | €65,000 | €37,762 | ▼ 41.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,425 | €18,625 | €19,678 | €28,330 | €36,734 | ▲ 29.7% |
| + Depreciation and write-downs630 | - | €127 | €1,790 | - | - | - |
| Operating cash flow (approximation) | €20,425 | €18,752 | €21,468 | €28,330 | €36,734 | ▲ 29.7% |
| Investment in fixed assets (approximation) | - | -€3,802 | -€7,589 | €9,474 | €0 | ▼ 100% |
| Change in cash | - | €6,241 | -€2,268 | €3,406 | €7,643 | ▲ 124% |
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
08-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 69 days late
2024
31-12
Financial
Equity above €150,000Eq €169,433 ▲27.7%
7 profitable years in a row build equity to €169,433.
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 65 days late
2023
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
2021
16-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 108 days late
2020
31-12
Financial
Equity above €150,000Eq €166,065 ▲14%
3 profitable years in a row build equity to €166,065.
12-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 73 days late
2019
31-12
Financial
Highest result since 2018net €37,451 ▲608%
Net result €37,451, the highest in the series.
09-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 70 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
28-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Kortenberg · 1 establishment unit since 2012
Ground area
2.0 ha
Building footprint
4,871 m²
Parcel 24055A0217/00A000, Flanders. Linked by address, not a title deed.
25
companies at this address
See who is registered here
1 establishment unit
Karel Van Miertstraat 4, 3070 Kortenberg
since 20122.213.104.092
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24055A0217/00A000 | Flanders | 2.0 ha | 1 · 4,871 m² | - |
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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 1
- FROMAGERIE V.D.H.subsidiaryEquity €206,758Result €10,80393%
According to the 2024 annual accounts of Froka and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Food safety, FASFC
1 siteKortenberg2.213.104.092
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,773. 13,409 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
Founded28-09-2012
Fiscal year end31-12
Activities, NACEBEL 2025
46331Wholesale trade
64210Activities of holding companies
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0849088213
Also
9925:BE0849088213
Registered
23-10-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.