FRZ
ActiveFRZ has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €36k and a net result of €2k. Equity is growing by ~13.6% per year across the filed fiscal years. Its solvency ranks better than 81% of 26057 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
94
/ 100
Excellent▲ +24 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability23▲+23
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 2.41 against 2.18 in 2023), and 29.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
70.4%
Return on assets
3.2%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-10-2025, 68 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
68 d late
2023
112 d late
2022
53 d late
2021
29 d late
2020
71 d late
2019
74 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€2k
2023 · €-325
2018: €3k
2019: €2k
2020: €10k
2021: €2k
2022: €6k
2023: €-325
2018 → 2024
Working capital
€21k▲ 12.7%
2023 · €19k
2018: €7k
2019: €9k
2020: €19k
2021: €21k
2022: €24k
2023: €19k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€27k-€29k▲ 9.4%€35k▲ 19.7%€34k▼ 0.9%€36k▲ 4.8%
Operating result€6k-€4k▼ 30.5%€7k▲ 69.7%€2k▼ 77.2%€2k▲ 30.7%
Net result€10k-€2k▼ 75.5%€6k▲ 130%€-325€2k
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 31% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €51k
Fixed assets
€15k▼ 4.9%
Current assets
€36k▲ 4.3%
Equity and liabilities €51k
Equity
€36k▲ 4.8%
Debt
€15k▼ 5.7%
The debt ratio falls from 31.8% to 29.6%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€4k▲
2023 · €3k
Cash flow
€4k▲
2023 · €1k
Solvency
70.4%▲
2023 · 68.2%
Current ratio
2.41▲
2023 · 2.18
Quick ratio
2.41▲
2023 · 2.18
Debt / equity
0.42▼
2023 · 0.47
ROE
4.6%▲
2023 · -0.9%
ROA
3.2%▲
2023 · -0.6%
Interest coverage
41.85▲
2023 · 33.29
Debt
€15k▼
2023 · €16k
Debt ≤ 1 year
€15k▼
2023 · €16k
Income taxes
€231▼
2023 · €1k
Staff costs
€80k▲
2023 · €70k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€50k€51k▲
Fixed assets21/28€15k€15k▼
Tangible fixed assets22/27€15k€15k▼
Furniture and vehicles24€15k€15k▼
Financial fixed assets28€100€100=
Current assets29/58€35k€36k▲
Amounts receivable within one year40/41€4k€6k▲
Trade receivables40€3k-
Other amounts receivable41€1k€6k▲
Cash at bank and in hand54/58€30k€30k▲
Deferred charges and accrued income490/1€109€109=
Equity and liabilities
Total equity and liabilities10/49€50k€51k▲
Equity10/15€34k€36k▲
Contributions10/11€13k€13k=
Capital10€13k€13k=
Issued capital100€19k€19k=
Uncalled capital101€6k€6k=
Profit (loss) carried forward14€22k€23k▲
Amounts payable17/49€16k€15k▼
Amounts payable within one year42/48€16k€15k▼
Trade debts44€2k€8k▲
Suppliers440/4€2k€8k▲
Taxes, remuneration and social security45€14k€7k▼
Taxes450/3€2k€3k▲
Remuneration and social security454/9€12k€4k▼
Income statement
Code20232024
Remuneration, social security and pensions62€70k€80k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€384€1k▲
Gross operating margin9900€74k€85k▲
Operating profit (loss)9901€2k€2k▲
Financial charges65/66B€435€101▼
Recurring financial charges65€96€101▲
Non-recurring financial charges66B€339-
Profit (loss) for the period before taxes9903€1k€2k▲
Income taxes67/77€1k€231▼
Profit (loss) for the period9904€-325€2k▲
Profit (loss) for the period to be appropriated9905€-325€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€22k€23k▲
Profit (loss) brought forward from the previous period14P€22k€22k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 68 days late
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
20-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 112 days late
2023
31-12
Financial
Weakest financial yearnet €-325 ▼106%
Net result drops to €-325, the lowest in the series; recovery starts the following year.
22-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 53 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
10-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 71 days late
2020
31-12
Financial
Highest result since 2018net €10k ▲328%
Net result €10k, the highest in the series.
31-12
Financial
Liquidity triplescurrent ratio 5.07
Current ratio from 1.57 to 5.07; short-term debt falls from €15k to €5k.
13-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 74 days late
2019
23-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 115 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 29 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
2016
25-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Sint-Jans-Molenbeek · 1 establishment unit since 2011
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.
Isidoor Teirlinckstraat 6A1080 Sint-Jans-MolenbeekGround area
264 m²
Building footprint
259 m²
Volume, LiDAR
2,957 m³
2 parcels, Brussels · tallest building 18.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Albert Vanderkinderestraat 10, 1080 Sint-Jans-Molenbeek
since 20112.202.532.181
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21523B0910/00S006 | Brussels | 183 m² | 1 · 183 m² | 18.6 m · 3 fl. |
| 21523B0911/00F009 | Brussels | 81 m² | 1 · 76 m² | 16.4 m · 5 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.
Similar companies · same sector, comparable size
FACOOM
BE 0450.861.641
Denderleeuw · Eq €36k
GARAGE DARAND
BE 0441.800.950
Rouvroy · Eq €36k
NEW CAR COMPANY
BE 0734.580.406
Ternat · Eq €36k
CM CAR CONSULTING
BE 1024.826.081
Hasselt · Eq €36k
FiHa
BE 1000.984.075
Deinze · Eq €36k
Of 10,620 companies in sector 47811 we hold annual accounts for 5,193. 3,082 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-12-2010
Fiscal year end31-12
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
45112
45192
46180Agents specialised in the wholesale of other particular products
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.