Financials
- Financial year
- 2025
- Total assets
- €105,784
- Profit
- €35,036
- Solvency
- 51.4%
Total assets▲ 69.5%
Net result
20192025
FRWR
ActiveSummary
FRWR has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €54,383 and a net result of €35,036. Equity is shrinking by about 22% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. Its solvency ranks better than 69% of 16,816 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
Full-service restaurants
NACE 56111
1 site
Size
€105,784total assets 2025
- Staff
- 2.4 FTE
- Equity
- €54,383
- Profit
- €35,036
Turnover not published (micro format)
Why 96raises riskSector: Food and beverage service activities (NACE 56)lowers riskLiquidity: current ratio 1.69, cash €73,984Equity €54,383 (51.4% of total assets)Founded in 2013Show the evidence
Checked score
Score 2025
96
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 85% of its sector peers (NACE 56, micro)
Financial strength · tick = 2024
Strong
Solvency
76+20
equity 51.4% of total assets
Liquidity
79+8
short-term debt 43.3% · cash 69.9%
Profitability
100+100
return on assets 33.1%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.2%
12-2024: 0.2%● unchanged vs 11-2024
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.4%▲ +0.2 percentage points vs 04-2025
06-2025: 0.5%▲ +0.1 percentage points vs 05-2025
07-2025: 0.5%● unchanged vs 06-2025
08-2025: 0.5%● unchanged vs 07-2025
09-2025: 0.5%● unchanged vs 08-2025
10-2025: 0.4%▼ -0.1 percentage points vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.5%▲ +0.1 percentage points vs 03-2026
05-2026: 0.8%▲ +0.3 percentage points vs 04-2026highest value
06-2026: 0.1%▼ -0.7 percentage points vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.69, compared with 1.62 in 2024, above the usual 1.5; short-term debt: 43.3% and cash: 69.9% of total assets), and 48.6% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro): better than 69% on solvency, 82% on liquidity, 93% on profitability and 94% on growth.
The bankruptcy probability was computed on 23-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €54,383
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
29 days late
2022
3 days early
2021
4 days early
2020
1 day early
2019
3 days 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 3 days after the deadline; the sector median (NACE 56) for financial year 2024 is 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 30 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end24-10-2026 today30-04-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Back to profitnet €35,036
- Annual accounts filedfinancial year 2024 · micro…
Key points
By topic
Board & ownership
- Board
- 1 member
- HAMANDI MohamedDirector
Timeline
- Events
- 16
- Since
- 2015
- Next accounts
- by 30-04-2027
- 29-05-2024Annual accounts filed
- 12-02-2024Resignation: MAKHLOUF Wafa (gérant non statutaire, et…
- 30-09-2023Back to profit
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Full-service restaurantsNACE 56111
- Founded
- 03-05-2013
- Year ends
- 30-09
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 18
- Who signs
- Each director alone
- Annual meeting
- Fourth Monday of March at 16:00
- Purpose
- “L'exploitation de restaurants, tavernes, salle de banquets, friteries, snacks et d'une…” (deed in French)
Key facts about FRWR
- What is the company number of FRWR?
- 0533.853.950. In Belgium the VAT number is the company number with BE in front: BE 0533.853.950.
- Where is FRWR based?
- The registered office is at Place Paulin-Moxhet 9, 6690 Vielsalm.Company details
- What does FRWR do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of FRWR?
- Private limited company (pre-2019) (BVBA).
- When was FRWR founded?
- On 03-05-2013.
- Is FRWR still active?
- Yes, FRWR is an active enterprise in the KBO register.
- How many employees does FRWR have?
- On average 2.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of FRWR?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is FRWR profitable?
- In financial year 2025, FRWR made a profit of €35,036.
- Where can I find the annual accounts of FRWR?
- FRWR filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FRWR due?
- By 30-04-2027, for financial year 2026.Timeline
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