Le FréRo
ActiveSummary
The computed 12-month bankruptcy probability of Le FréRo is 5.3% (elevated). The 2024 annual accounts show equity of €9k and a net result of €6k. Its solvency ranks better than 38% of 18936 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability82▲+15
Solvency40▲+10
Growth78
Track record94
Bankruptcy probability, 12 months
5.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.6 against 0.28 in 2023; short-term debt: 51.8% and cash: 21.9% of total assets), and 85.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
14.6%
Return on assets
10.4%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-07-2025, 3 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
3 d early
2023
2 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€9k▲ 245%
2023 · €2k
2023: €2k
2024: €9k▲ +245% vs 2023
2023 → 2024
Total assets
€59k▲ 27.4%
2023 · €46k
2023: €46k
2024: €59k▲ +27.4% vs 2023
2023 → 2024
Net result
€6k
2023 · €-506
2023: €-506
2024: €6k▲ +1308% vs 2023
2023 → 2024
Working capital
€-12k▲ 61.3%
2023 · €-32k
2023: €-32k
2024: €-12k▲ +61.3% vs 2023
2023 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€2k-€9k▲ 245%
2023: €2k
2024: €9k▲ +245% vs 2023
Operating result€2k-€13k▲ 725%
2023: €2k
2024: €13k▲ +725% vs 2023
Net result€-506-€6k
2023: €-506
2024: €6k▲ +1308% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 725% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €59k
Fixed assets
€41k ▲ 19.2%
Current assets
€18k ▲ 50.3%
Equity and liabilities €59k
Equity
€9k ▲ 245%
Debt
€50k ▲ 15.0%
Debt's share of the balance-sheet total falls from 94.6% to 85.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€23k▲
2023 · €10k
Cash flow
€16k▲
2023 · €8k
Current ratio
0.60▲
2023 · 0.28
Quick ratio
0.52▲
2023 · 0.11
Debt to equity
5.86▼
2023 · 17.57
ROE
71.0%▲
2023 · -20.3%
ROA
10.4%▲
2023 · -1.1%
Interest coverage
9.55▲
2023 · 7.93
Debt ≤ 1 year
€31k▼
2023 · €44k
Debt > 1 year
€19k
Income taxes
€5k▲
2023 · €803
Staff costs
€81k▼
2023 · €108k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€46k€59k▲
Fixed assets21/28€34k€41k▲
Tangible fixed assets22/27€34k€41k▲
Plant, machinery and equipment23€24k€19k▼
Furniture and vehicles24€10k€22k▲
Current assets29/58€12k€18k▲
Stocks and contracts in progress3€8k€2k▼
Stocks30/36€8k€2k▼
Amounts receivable within one year40/41€0€3k▲
Trade receivables40€0€0=
Other amounts receivable41€0€3k▲
Cash at bank and in hand54/58€4k€13k▲
Deferred charges and accrued income490/1€728€0▼
Equity and liabilities
Total equity and liabilities10/49€46k€59k▲
Equity10/15€2k€9k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€-506€6k▲
Amounts payable17/49€44k€50k▲
Amounts payable after more than one year17-€19k
Financial debts170/4-€19k
Amounts payable within one year42/48€44k€31k▼
Current portion of amounts payable after more than one year42-€8k
Trade debts44€15k€10k▼
Suppliers440/4€15k€10k▼
Taxes, remuneration and social security45€19k€13k▼
Taxes450/3€13k€9k▼
Remuneration and social security454/9€6k€4k▼
Other amounts payable47/48€10k€0▼
Accrued charges and deferred income492/3-€441
Income statement
Code20232024
Goods, raw materials, services and sundry goods60/61€291k€264k▼
Remuneration, social security and pensions62€108k€81k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€10k▲
Other operating charges640/8€9k€7k▼
Gross operating margin9900€126k€112k▼
Operating profit (loss)9901€2k€13k▲
Financial income75/76B€18€247▲
Recurring financial income75€18€247▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€297€11k▲
Income taxes67/77€803€5k▲
Profit (loss) for the period9904€-506€6k▲
Profit (loss) for the period to be appropriated9905€-506€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-506€6k▲
Profit (loss) brought forward from the previous period14P-€-506
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | €291k | €264k | ▼ 9.4% |
| Remuneration, social security and pensions62 | €108k | €81k | ▼ 24.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9k | €10k | ▲ 17.3% |
| Other operating charges640/8 | €9k | €7k | ▼ 17.0% |
| Gross operating margin9900 | €126k | €112k | ▼ 11.7% |
| Operating profit (loss)9901 | €2k | €13k | ▲ 725% |
| Financial income75/76B | €18 | €247 | ▲ 1,305% |
| Recurring financial income75 | €18 | €247 | ▲ 1,305% |
| Financial charges65/66B | €1k | €2k | ▲ 87.7% |
| Recurring financial charges65 | €1k | €2k | ▲ 87.7% |
| Profit (loss) for the period before taxes9903 | €297 | €11k | ▲ 3,496% |
| Income taxes67/77 | €803 | €5k | ▲ 470% |
| Profit (loss) for the period9904 | €-506 | €6k | ▲ 1,308% |
| Profit (loss) for the period to be appropriated9905 | €-506 | €6k | ▲ 1,308% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €46k | €59k | ▲ 27.4% |
| Fixed assets21/28 | €34k | €41k | ▲ 19.2% |
| Tangible fixed assets22/27 | €34k | €41k | ▲ 19.2% |
| Plant, machinery and equipment23 | €24k | €19k | ▼ 22.1% |
| Furniture and vehicles24 | €10k | €22k | ▲ 124% |
| Current assets29/58 | €12k | €18k | ▲ 50.3% |
| Stocks and contracts in progress3 | €8k | €2k | ▼ 67.2% |
| Stocks30/36 | €8k | €2k | ▼ 67.2% |
| Amounts receivable within one year40/41 | €0 | €3k | - |
| Trade receivables40 | €0 | €0 | - |
| Other amounts receivable41 | €0 | €3k | - |
| Cash at bank and in hand54/58 | €4k | €13k | ▲ 226% |
| Deferred charges and accrued income490/1 | €728 | €0 | ▼ 100% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €46k | €59k | ▲ 27.4% |
| Equity10/15 | €2k | €9k | ▲ 245% |
| Contributions10/11 | €3k | €3k | = |
| Profit (loss) carried forward14 | €-506 | €6k | ▲ 1,208% |
| Amounts payable17/49 | €44k | €50k | ▲ 15.0% |
| Amounts payable after more than one year17 | - | €19k | - |
| Financial debts170/4 | - | €19k | - |
| Amounts payable within one year42/48 | €44k | €31k | ▼ 30.3% |
| Current portion of amounts payable after more than one year42 | - | €8k | - |
| Trade debts44 | €15k | €10k | ▼ 31.3% |
| Suppliers440/4 | €15k | €10k | ▼ 31.3% |
| Taxes, remuneration and social security45 | €19k | €13k | ▼ 34.0% |
| Taxes450/3 | €13k | €9k | ▼ 35.0% |
| Remuneration and social security454/9 | €6k | €4k | ▼ 31.7% |
| Other amounts payable47/48 | €10k | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | €441 | - |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €-506 | €6k | ▲ 1,308% |
| + Depreciation and write-downs630 | €9k | €10k | ▲ 17.3% |
| Operating cash flow (approximation) | €8k | €16k | ▲ 100% |
| Investment in fixed assets (approximation) | - | €-17k | - |
| Change in cash | - | €9k | - |
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
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
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, Sprimont · 1 establishment unit since 2022
Ground area
134 m²
Building footprint
91 m²
Parcel 62067B0030/00H003, Wallonia. Linked by address, not a title deed.
1 establishment unit
Le FréRo
since 20222.334.756.346
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62067B0030/00H003 | Wallonia | 134 m² | 1 · 91 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSprimont2.334.756.346
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Of 21,853 companies in sector 56112 we hold annual accounts for 9,776. 6,527 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
Founded04-08-2022
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
56301Cafés and bars
Scores and ratios are computed by Checked and are not a credit decision.