FRIENDSHIP INC
ActiveFRIENDSHIP INC has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €227k and a net result of €-72k. Equity is growing by ~8.6% per year across the filed fiscal years. Its solvency ranks better than 49% of 1633 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
47
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability2▼-98
Solvency68▼-7
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity short (current ratio 0.52 against 0.62 in 2024; short-term debt: 57% and cash: 5% of total assets), and 57% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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 28-04-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
5 d early
2023
on the day
2022
2 d early
2021
2 d early
2020
on the day
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€227k▼ 24.1%
2024 · €299k
2018: €133k
2019: €150k
2020: €215k
2021: €257k
2022: €-122k
2023: €64k
2024: €299k
2018 → 2025
Total assets
€527k▼ 11.5%
2024 · €595k
2018: €1.27M
2019: €1.07M
2020: €1.12M
2021: €1.40M
2022: €1.11M
2023: €928k
2024: €595k
2018 → 2025
Net result
€-72k
2024 · €235k
2018: €-13k
2019: €17k
2020: €65k
2021: €41k
2022: €-379k
2023: €186k
2024: €235k
2018 → 2025
Working capital
€-145k▼ 29.7%
2024 · €-112k
2018: €-40k
2019: €-15k
2020: €98k
2021: €93k
2022: €-311k
2023: €-141k
2024: €-112k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€257k-€-122k€64k€299k▲ 369%€227k▼ 24.1%
Operating result€82k-€-331k€215k€295k▲ 37.5%€-70k
Net result€41k-€-379k€186k€235k▲ 26.4%€-72k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €70k after €295k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €527k
Fixed assets
€371k▼ 9.5%
Current assets
€156k▼ 16.0%
Equity and liabilities €527k
Equity
€227k▼ 24.1%
Debt
€300k▲ 1.2%
The debt ratio rises from 49.8% to 57.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-31k▼
2024 · €334k
Cash flow
€-33k▼
2024 · €274k
Solvency
43.0%▼
2024 · 50.2%
Current ratio
0.52▼
2024 · 0.62
Quick ratio
0.52▼
2024 · 0.62
Debt / equity
1.32▲
2024 · 0.99
ROE
-31.8%▼
2024 · 78.7%
ROA
-13.7%▼
2024 · 39.5%
Interest coverage
-16.50▼
2024 · 22.31
Debt
€300k▲
2024 · €297k
Debt ≤ 1 year
€300k▲
2024 · €297k
Income taxes
€138▼
2024 · €45k
Staff costs
€477▼
2024 · €2k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€595k€527k▼
Fixed assets21/28€410k€371k▼
Tangible fixed assets22/27€410k€371k▼
Land and buildings22€390k€359k▼
Plant, machinery and equipment23€4k€1k▼
Furniture and vehicles24€17k€11k▼
Current assets29/58€185k€156k▼
Amounts receivable within one year40/41€160k€129k▼
Trade receivables40€40k€13k▼
Other amounts receivable41€120k€116k▼
Cash at bank and in hand54/58€26k€26k▲
Equity and liabilities
Total equity and liabilities10/49€595k€527k▼
Equity10/15€299k€227k▼
Contributions10/11€8k€8k=
Capital10€8k€8k=
Issued capital100€18k€18k=
Uncalled capital101€10k€10k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€289k€217k▼
Amounts payable17/49€297k€300k▲
Amounts payable within one year42/48€297k€300k▲
Trade debts44€132k€172k▲
Suppliers440/4€132k€172k▲
Taxes, remuneration and social security45€44k-
Taxes450/3€44k-
Other amounts payable47/48€121k€128k▲
Income statement
Code20242025
Non-recurring operating income76A€3k-
Remuneration, social security and pensions62€2k€477▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€39k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€12k
Other operating charges640/8€321€1k▲
Gross operating margin9900€337k€-18k▼
Operating profit (loss)9901€295k€-70k▼
Financial charges65/66B€15k€2k▼
Recurring financial charges65€15k€2k▼
Profit (loss) for the period before taxes9903€280k€-72k▼
Income taxes67/77€45k€138▼
Profit (loss) for the period9904€235k€-72k▼
Profit (loss) for the period to be appropriated9905€235k€-72k▼
Appropriation of the result
Profit (loss) to be appropriated9906€289k€217k▼
Profit (loss) brought forward from the previous period14P€54k€289k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
25-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Highest result since 2018net €235k ▲26.4%
Operating result €295k, net result €235k, both a record.
30-09
Financial
Equity above €200kEq €299k ▲369%
2 profitable years in a row build equity to €299k.
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Back to profitnet €186k
Net result €186k after one loss-making year.
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Weakest financial yearnet €-379k ▼1018%
Net result drops to €-379k, the lowest in the series; recovery starts the following year.
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Equity above €200kEq €215k ▲43.5%
2 profitable years in a row build equity to €215k.
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
30-09
Financial
Equity above €150kEq €150k ▲13.2%
Equity rises from €133k to €150k.
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Antwerpen · 2 establishment units since 2013
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.
Willemdok 42000 AntwerpenGround area
3,746 m²
Building footprint
232 m²
Volume, LiDAR
916 m³
Parcel 11902H0007/00E000, Flanders · tallest building 7.0 m, ±1 floor. Linked by address, not a title deed.
2 establishment units
Friendship Inc
since 20132.222.775.388
Kantoorschip
since 20132.222.775.487
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11902H0007/00E000 | Flanders | 3,746 m² | 1 · 232 m² | 7.0 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via establishment units: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 177 EUR awarded · 177 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 177 EUR | 177 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 2,715 companies in sector 73200 we hold annual accounts for 1,785. 1,339 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-04-2013
Fiscal year end30-09
Legal name NL
Pent'AUS
Activities, NACEBEL
73200Market research and public opinion polling
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:hello@thisisfriendship.com
Phone:033037262