FRS BRANDS DISTRIBUTION
The computed 12-month bankruptcy probability of FRS BRANDS DISTRIBUTION is 5.8% (elevated). The 2023 annual accounts show equity of €3k and a net result of €3k. Its solvency ranks better than 32% of 5714 sector peers (fiscal year 2023). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €3k |
| Net result | €3k |
| Better than sector | 32% |
| Active | 3 yrs |
Mixed profile: strong on profitability, weaker on solvency.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 5.3% | 20.1% | |
| Net result | €3k | €3k | |
| Equity | €3k | €15k | |
| Gross operating margin | €4k | €23k | |
| Total assets | €52k | €93k |
| Fiscal year | 2023 |
|---|---|
| Deposit | micro |
| Revenue | €33k |
| EBITDA | - |
| Net profit | €3k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | €916 |
| Dividends | - |
| Total assets | €52k |
| Equity | €3k |
| Debt | €49k |
| of which ≤ 1y | €49k |
| of which > 1y | - |
| Working capital | €3k |
| Employees (FTE) | - |
| 2023 | |
|---|---|
| Current ratio | 1.06 |
| Quick ratio | 0.10 |
| Working capital ratio | 5.3% |
| Solvency | 5.3% |
| Debt / equity | 17.96 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | 11.1% |
| Net margin | 8.3% |
| ROA | 5.3% |
| ROE | 100.0% |
| EBITDA margin | - |
| Days sales outstanding | 40d |
| Days payable outstanding | 585d |
| Inventory turnover | 0.63 |
| Days inventory (DSI) | 582d |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €52k |
| Current assets | 29/58 | €52k |
| Stocks & contracts in progress | 3 | €47k |
| Amounts receivable within one year | 40/41 | €4k |
| Cash & bank | 54/58 | €1k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €52k |
| Equity | 10/15 | €3k |
| Accumulated profits (losses) | 14 | €3k |
| Amounts payable | 17/49 | €49k |
| Amounts payable within one year | 42/48 | €49k |
| Trade debts payable within one year | 44 | €47k |
| Income statement | ||
| Turnover | 70 | €33k |
| Gross operating margin | 9900 | €4k |
| Operating result | 9901 | €4k |
| Result before taxes | 9903 | €4k |
| Income taxes | 67/77 | €916 |
| Net result for the period | 9904 | €3k |
| Result to be appropriated | 9905 | €3k |
-
Current05-12-2025 → present
Former directors (2)
-
Former01-07-2024 → 05-12-2025
2 events
- 05-12-2025 Resigned· Director
- 01-07-2024 Appointed· Director
-
Former- → 01-07-2024
| NACE primary | Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen(47110) |
| Legal form | Private limited company(610) |
| Incorporation | 19-01-2023 |
| Status | Active |
| Postal code | 1070 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21305B0204/00A032 | Brussels | 123 m² | 1 · 114 m² | 19.0 m · 6 fl. |
| 21013B0321/00T003 | Brussels | 72 m² | 1 · 53 m² | 18.6 m · 5 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
05-12-2025 1 director appointed, 1 resigning
- Najimiding Xirifu, Bestuurder
- Malakzai Fawad, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Malakzai Fawad",
"address": null,
"birth_date": null
},
"evidence_quote": "Monsieur Malakzai Fawad d\u00E9missionne de la soci\u00E9t\u00E9 FRS Brands Distribution. ... L\u0027ancien administateur n\u0027est plus responsable des obligations financi\u00E8res, administratives et juridiques.",
"discharge_granted": true
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Najimiding Xirifu",
"address": null,
"birth_date": null
},
"evidence_quote": "Monsieur Najimiding Xirifu devient administrateur de la soci\u00E9t\u00E9 FRS Brands Distribution."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0797.377.810",
"name_full": "FRS BRANDS DISTRIBUTION",
"legal_form": "SRL"
}
}17-12-2024 Registered office moved from Saint-Gilles to Anderlecht
- Chaussée de Waterloo 278, 1060 Saint-Gilles → Rue Brogniez 5, 1070 Anderlecht
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Anderlecht",
"region": "Brussels",
"street": "Rue Brogniez",
"country": "BE",
"postcode": "1070",
"box_number": null,
"street_number": "5"
},
"old_address": {
"city": "Saint-Gilles",
"region": "Brussels",
"street": "Chauss\u00E9e de Waterloo",
"country": "BE",
"postcode": "1060",
"box_number": null,
"street_number": "278"
},
"effective_date": "2024-10-01",
"evidence_quote": "Le si\u00E8ge social est transf\u00E9r\u00E9 \u00E0 l\u0027adresse suivante: Rue Brogniez 5 - 1070 Anderlecht"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0797.377.810",
"name_full": "FRS BRANDS DISTRIBUTION",
"legal_form": "SRL"
}
}25-09-2024 1 director appointed, 1 resigning
- MALAKZAI Fawad, Bestuurder
- MUSHTAQ Muhammad safyan, Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "MALAKZAI Fawad",
"address": null,
"birth_date": null
},
"effective_date": "2024-07-01",
"evidence_quote": "A partir du 1 Juillet 2024, est nomm\u00E9 administrateur pour une dur\u00E9e ind\u00E9termin\u00E9e Monsieur MALAKZAI Fawad, domicili\u00E9 \u00E0 avenue de la Basilique 371, 1081 Koekelberg."
},
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "MUSHTAQ Muhammad safyan",
"address": null,
"birth_date": null
},
"effective_date": "2024-07-01",
"evidence_quote": "A partir du 1 Juillet 2024, MUSHTAQ Muhammad safyan, domicili\u00E9 \u00E0 chauss\u00E9e de Waterloo 278 /1\u002B2, 1060 Saint-Gilles, d\u00E9missionne de son poste d\u0027administrateur. L\u0027assembl\u00E9e g\u00E9n\u00E9rale accepte sa d\u00E9mission et lui donne d\u00E9charg\u00E9 de son mandat.",
"discharge_granted": true
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0797.377.810",
"name_full": "FRS BRANDS DISTRIBUTION",
"legal_form": "SRL"
}
}23-01-2023 Incorporation of a new SRL
Technical details
{
"kind": "oprichting",
"seat": "1060 Saint-Gilles, Chauss\u00E9e de Waterloo 278",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1983-09-05",
"name": "MUSHTAQ Muhammad Safyan",
"niss": null,
"address": "1060 Saint-Gilles, Chauss\u00E9e de Waterloo 278, bo\u00EEte 1 et 2"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 0,
"holder_person_name": "MUSHTAQ Muhammad Safyan",
"is_subscriber_only": false,
"n_shares_subscribed": 75,
"amount_subscribed_eur": 30000,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1979-09-15",
"name": "AMIN Asfa",
"niss": null,
"address": "1060 Saint-Gilles, Chauss\u00E9e de Waterloo 278, bo\u00EEte 1 et 2"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 0,
"holder_person_name": "AMIN Asfa",
"is_subscriber_only": false,
"n_shares_subscribed": 25,
"amount_subscribed_eur": 10000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 40000,
"subject_company": {
"kbo": "0797.377.810",
"name_full": "FRS BRANDS DISTRIBUTION",
"legal_form": "SRL"
},
"initial_directors": [],
"incorporation_date": "2023-01-18",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | FRS BRANDS DISTRIBUTION |