OFRESH
ActiveSummary
The computed 12-month bankruptcy probability of OFRESH is 2.7% (moderate). The 2024 annual accounts show equity of €20,631 and a net result of -€1,011. Equity is growing by ~14.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 2092 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability26▼-4
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 12.55 against 4.92 in 2023; short-term debt: 8% and cash: 99% of total assets), and 8% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 · 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
Manufacture of food products (NACE 10)
about 60% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
92%
Return on assets
-4.5%
Age of the figures
21 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 28-08-2025, 28 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
30 d late
2022
31 d late
2021
25 d late
2020
25 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 28 days after the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€20,631▼ 4.7%
2023 · €21,642
Total assets
€22,417▼ 17.5%
2023 · €27,164
Net result
-€1,011▼ 82.2%
2023 · -€555
Working capital
€20,631▼ 4.7%
2023 · €21,642
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 10, Manufacture of food products, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€6,730--€11,718▼ 74.1%€24,478€1,015▼ 95.9%-€749
Net result-€7,555below the sector's middle half--€11,972below the sector's middle half▼ 58.5%€23,124within the sector's middle half-€555within the sector's middle half-€1,011within the sector's middle half▼ 82.2%
Equity€11,045within the sector's middle half--€927below the sector's middle half€22,197within the sector's middle half€21,642within the sector's middle half▼ 2.5%€20,631within the sector's middle half▼ 4.7%
Total assets€29,459below the sector's middle half-€146below the sector's middle half▼ 99.5%€52,463below the sector's middle half▲ 35,824%€27,164below the sector's middle half▼ 48.2%€22,417below the sector's middle half▼ 17.5%
Debt€18,414-€1,073▼ 94.2%€30,266▲ 2,720%€5,522▼ 81.8%€1,786▼ 67.6%
Working capital-€4,954within the sector's middle half--€927within the sector's middle half▲ 81.3%€20,580within the sector's middle half€21,642within the sector's middle half▲ 5.2%€20,631within the sector's middle half▼ 4.7%
Solvency37.5%within the sector's middle half-42.3%within the sector's middle half79.7%above the sector's middle half▲ 37.4pp92.0%above the sector's middle half▲ 12.4pp
Current ratio0.73within the sector's middle half-1.68within the sector's middle half4.92above the sector's middle half▲ 3.2412.55above the sector's middle half▲ 7.63
Return on assets (ROA)-25.6%below the sector's middle half-44.1%above the sector's middle half-2.0%within the sector's middle half▼ 46.1pp-4.5%below the sector's middle half▼ 2.5pp
above
within
below
the middle half (P25 to P75) of NACE 10, Manufacture of food products, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €749 after €1,015 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €22,417
Equity
€20,631 ▼ 4.7%
Debt
€1,786 ▼ 67.6%
Debt's share of the balance-sheet total falls from 20.3% to 8.0%. Equity and debt are lower.
Key figures and ratios
Debt to equity
0.09▼
2023 · 0.26
ROE
-4.9%▼
2023 · -2.6%
Debt ≤ 1 year
€1,786▼
2023 · €5,522
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,442 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 90% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a small loss
2.1%
went bankrupt
7.3%
stopped otherwise
90%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,442 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,712 | - | €409 | €1,616 | - | - |
| Other operating charges640/8 | - | €11,708 | €473 | €479 | €30 | ▼ 93.7% |
| Gross operating margin9900 | -€2,667 | -€10 | €25,360 | €3,111 | -€719 | ▼ 123% |
| Operating profit (loss)9901 | -€6,730 | -€11,718 | €24,478 | €1,015 | -€749 | ▼ 174% |
| Financial charges65/66B | - | €254 | €1,165 | €1,570 | €262 | ▼ 83.3% |
| Recurring financial charges65 | €825 | €254 | €1,165 | €1,570 | €262 | ▼ 83.3% |
| Profit (loss) for the period before taxes9903 | -€7,555 | -€11,972 | €23,313 | -€555 | -€1,011 | ▼ 82.2% |
| Income taxes67/77 | - | - | €190 | - | - | - |
| Profit (loss) for the period9904 | -€7,555 | -€11,972 | €23,124 | -€555 | -€1,011 | ▼ 82.2% |
| Profit (loss) for the period to be appropriated9905 | -€7,555 | -€11,972 | €23,124 | -€555 | -€1,011 | ▼ 82.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €29,459 | €146 | €52,463 | €27,164 | €22,417 | ▼ 17.5% |
| Fixed assets21/28 | €15,998 | - | €1,616 | - | - | - |
| Tangible fixed assets22/27 | €15,998 | - | €1,616 | - | - | - |
| Furniture and vehicles24 | - | - | €1,616 | - | - | - |
| Current assets29/58 | €13,461 | €146 | €50,847 | €27,164 | €22,417 | ▼ 17.5% |
| Stocks and contracts in progress3 | - | - | €2,374 | - | - | - |
| Stocks30/36 | - | - | €2,374 | - | - | - |
| Amounts receivable within one year40/41 | €524 | - | €5,968 | €1,848 | €228 | ▼ 87.7% |
| Trade receivables40 | - | - | €4,867 | - | - | - |
| Other amounts receivable41 | - | - | €1,101 | €1,848 | €228 | ▼ 87.7% |
| Cash at bank and in hand54/58 | €12,937 | €146 | €42,504 | €25,316 | €22,189 | ▼ 12.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €29,459 | €146 | €52,463 | €27,164 | €22,417 | ▼ 17.5% |
| Equity10/15 | €11,045 | -€927 | €22,197 | €21,642 | €20,631 | ▼ 4.7% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€7,555 | -€19,527 | €3,597 | €3,042 | €2,031 | ▼ 33.2% |
| Amounts payable17/49 | €18,414 | €1,073 | €30,266 | €5,522 | €1,786 | ▼ 67.6% |
| Amounts payable within one year42/48 | €18,414 | €1,073 | €30,266 | €5,522 | €1,786 | ▼ 67.6% |
| Trade debts44 | €1,414 | - | €10,393 | €5,332 | €891 | ▼ 83.3% |
| Suppliers440/4 | - | - | €10,393 | €5,332 | €891 | ▼ 83.3% |
| Taxes, remuneration and social security45 | - | €73 | €1,136 | €190 | €190 | = |
| Taxes450/3 | - | €73 | €1,136 | €190 | €190 | = |
| Other amounts payable47/48 | - | €1,000 | €18,738 | - | €706 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,555 | -€11,972 | €23,124 | -€555 | -€1,011 | ▼ 82.2% |
| + Depreciation and write-downs630 | €3,712 | - | €409 | €1,616 | - | - |
| Operating cash flow (approximation) | -€3,843 | -€11,972 | €23,532 | €1,062 | -€1,011 | ▼ 195% |
| Change in cash | - | -€12,791 | €42,358 | -€17,188 | -€3,127 | ▲ 81.8% |
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
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Liquidity triplescurrent ratio 12.55
Current ratio from 4.92 to 12.55; short-term debt falls from €5,522 to €1,786.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 4.92
Current ratio from 1.68 to 4.92; short-term debt falls from €30,266 to €5,522.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Back to profitnet €23,124
Net result €23,124 after 2 loss-making years.
31-12
Financial
Liquidity times 12current ratio 1.68
Current ratio from 0.14 to 1.68.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
31-12
Financial
Weakest financial yearnet -€11,972
Net result drops to -€11,972, the lowest in the series; recovery starts the following year.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 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, Namur · 1 establishment unit since 2019
Ground area
1.3 ha
Building footprint
282 m²
Volume, LiDAR
1,712 m³
Parcel 92302D0235/00M008, Wallonia · tallest building 16.6 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
OFRESH
since 20192.290.262.842
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92302D0235/00M008 | Wallonia | 1.3 ha | 1 · 282 m² | 16.6 m · 1 fl. |
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.
Similar companies · same sector, comparable size
Root4You
BE 0749.711.713
Mechelen · Eq €18,834
FRUCTUS JUICE
BE 0771.967.372
Sint-Truiden · Eq €24,318
ADANA
BE 0652.619.562
Edegem · Eq €15,129
Gem Juice
BE 0779.384.013
Wielsbeke · Eq €14,287
Grizzly Bob Manufacturing
BE 0779.627.206
Seneffe · Eq €33,438
Of 104 companies in sector 10320 we hold annual accounts for 51. 31 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
Founded17-04-2019
Fiscal year end31-12
Activities, NACEBEL 2025
10320Manufacture of food products
10392Manufacture of food products
56112Limited-service restaurants, excluding mobile food services
56301Cafés and bars
E-invoicing
Reachable via Peppol
Peppol ID
0208:0725467453
Also
9925:BE0725467453
Registered
04-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.