Frostique
ActiveThe computed 12-month bankruptcy probability of Frostique is 2.3% (moderate). The 2025 annual accounts show negative equity (€-40k) and a net result of €40k. Its solvency ranks better than 12% of 794 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
48
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▲+55
Solvency21▲+4
Growth78
Track record82
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.48 against 0.55 in 2024; short-term debt: 30.3% and cash: 0.2% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 794 sector peers (2025).
NBB · sector comparisonPosition among 794 sector peers
Solvency
better than 12%
← weakest
strongest →
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 02-03-2026, 151 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
151 d early
2024
31 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-40k▲ 49.5%
2024 · €-80k
2024: €-80k
2024 → 2025
Total assets
€1.14M▲ 12.5%
2024 · €1.01M
2024: €1.01M
2024 → 2025
Net result
€40k
2024 · €-85k
2024: €-85k
2024 → 2025
Working capital
€-178k▼ 14.5%
2024 · €-155k
2024: €-155k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€-80k-€-40k▲ 49.5%
Operating result€-66k-€69k
Net result€-85k-€40k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €69k after a loss of €66k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.14M
Fixed assets
€972k▲ 18.3%
Current assets
€167k▼ 12.3%
Key figures and ratios
EBITDA
€172k
Cash flow
€143k
Solvency
-3.5%▲
2024 · -7.9%
Current ratio
0.48▼
2024 · 0.55
Quick ratio
0.27▼
2024 · 0.38
Debt / equity
-29.23▼
2024 · -13.67
ROA
3.5%▲
2024 · -8.4%
Interest coverage
5.87
Debt
€1.18M▲
2024 · €1.09M
Debt ≤ 1 year
€345k▼
2024 · €346k
Debt > 1 year
€835k▲
2024 · €746k
Income taxes
€70
Staff costs
€21k
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€1.01M€1.14M▲
Fixed assets21/28€822k€972k▲
Intangible fixed assets21€360k€324k▼
Tangible fixed assets22/27€438k€625k▲
Plant, machinery and equipment23€397k€541k▲
Furniture and vehicles24€42k€83k▲
Financial fixed assets28€23k€23k=
Current assets29/58€191k€167k▼
Stocks and contracts in progress3€61k€74k▲
Stocks30/36€61k€74k▲
Amounts receivable within one year40/41€91k€77k▼
Trade receivables40€31k€62k▲
Other amounts receivable41€59k€15k▼
Cash at bank and in hand54/58€33k€2k▼
Deferred charges and accrued income490/1€6k€13k▲
Equity and liabilities
Total equity and liabilities10/49€1.01M€1.14M▲
Equity10/15€-80k€-40k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€-85k€-45k▲
Amounts payable17/49€1.09M€1.18M▲
Amounts payable after more than one year17€746k€835k▲
Financial debts170/4€746k€835k▲
Amounts payable within one year42/48€346k€345k▼
Current portion of amounts payable after more than one year42€192k€104k▼
Financial debts43€75k€115k▲
Credit institutions430/8€75k€115k▲
Trade debts44€79k€116k▲
Suppliers440/4€79k€116k▲
Taxes, remuneration and social security45-€10k
Taxes450/3-€2k
Remuneration and social security454/9-€7k
Other amounts payable47/48-€40
Income statement
Code20242025
Remuneration, social security and pensions62-€21k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€103k
Other operating charges640/8€238€673▲
Non-recurring operating charges66A€27k-
Gross operating margin9900€-39k€194k▲
Operating profit (loss)9901€-66k€69k▲
Financial charges65/66B€18k€29k▲
Recurring financial charges65€18k€29k▲
Profit (loss) for the period before taxes9903€-85k€40k▲
Income taxes67/77-€70
Profit (loss) for the period9904€-85k€40k▲
Profit (loss) for the period to be appropriated9905€-85k€40k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-85k€-45k▲
Profit (loss) brought forward from the previous period14P-€-85k
Social balance
Average headcount (FTE)9087-0.3
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €40k
Net result €40k after one loss-making year.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · 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, Kruisem · 1 establishment unit since 2024
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.
Gansstraat 29750 KruisemGround area
5,278 m²
Building footprint
1,437 m²
Volume, LiDAR
10,737 m³
2 parcels, Flanders · tallest building 9.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Frostique
since 20242.357.945.185
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45017A1087/00N000 | Flanders | 3,220 m² | 1 · 1,264 m² | 9.0 m · 3 fl. |
| 45015B0557/00C000 | Flanders | 2,058 m² | 1 · 173 m² | 7.5 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
2024 to 2025 · 2 entries · 8,203 EUR awarded · 7,772 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 7,270 EUR | 6,839 EUR |
| 2024 | 1 | 933 EUR | 933 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteKruisem2.357.945.185
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Of 90 companies in sector 10391 we hold annual accounts for 43. 8 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-03-2024
Fiscal year end31-12
Activities, NACEBEL
10391Manufacture of food products
10200Manufacture of food products
10392Manufacture of food products
82920Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.