Pierre Frisschen
ActivePierre Frisschen has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €58k and a net result of €51k. Equity is shrinking by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 14% of 9982 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability73▲+7
Solvency28▲+3
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity short (current ratio 0.42 against 0.28 in 2023; short-term debt: 18% and cash: 5.5% of total assets), and 96.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 41
Relative position
BE, all sectors
reference
Sector 41
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 9982 sector peers (2024).
NBB · sector comparisonPosition among 9982 sector peers
Solvency
better than 14%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €58k
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 17-06-2025, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
44 d early
2023
42 d early
2022
21 d early
2021
24 d late
2020
23 d early
2019
29 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€51k
2023 · €-22k
2018: €22k
2019: €22k
2020: €9k
2021: €-7k
2022: €-31k
2023: €-22k
2018 → 2024
Working capital
€-177k▲ 17.4%
2023 · €-214k
2018: €-28k
2019: €-9k
2020: €-222k
2021: €-198k
2022: €-232k
2023: €-214k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€67k-€60k▼ 10.5%€29k▼ 51.9%€7k▼ 76.4%€58k▲ 753%
Operating result€54k-€35k▼ 35.6%€7k▼ 79.6%€15k▲ 117%€83k▲ 441%
Net result€9k-€-7k€-31k▼ 344%€-22k▲ 29.4%€51k
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 441% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.70M
Fixed assets
€1.57M▼ 11.3%
Current assets
€128k▲ 56.0%
Equity and liabilities €1.70M
Equity
€58k▲ 753%
Debt
€1.64M▼ 11.1%
The debt ratio falls from 99.6% to 96.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€283k▲
2023 · €215k
Cash flow
€251k▲
2023 · €178k
Solvency
3.4%▲
2023 · 0.4%
Current ratio
0.42▲
2023 · 0.28
Quick ratio
0.42▲
2023 · 0.28
Debt / equity
28.36
ROE
88.3%▲
2023 · -323.2%
ROA
3.0%▲
2023 · -1.2%
Interest coverage
9.02▲
2023 · 5.80
Debt
€1.64M▼
2023 · €1.85M
Debt ≤ 1 year
€305k▲
2023 · €297k
Debt > 1 year
€1.31M▼
2023 · €1.52M
Income taxes
€267▲
2023 · €132
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€1.85M€1.70M▼
Fixed assets21/28€1.77M€1.57M▼
Tangible fixed assets22/27€1.77M€1.57M▼
Land and buildings22€1.76M€1.56M▼
Furniture and vehicles24€7k€5k▼
Current assets29/58€82k€128k▲
Amounts receivable within one year40/41€10k€24k▲
Trade receivables40€10k€24k▲
Cash at bank and in hand54/58€72k€94k▲
Deferred charges and accrued income490/1-€11k
Equity and liabilities
Total equity and liabilities10/49€1.85M€1.70M▼
Equity10/15€7k€58k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€500€500=
Non-distributable reserves130/1€500€500=
Legal reserve130€500€500=
Profit (loss) carried forward14€-55k€-4k▲
Amounts payable17/49€1.85M€1.64M▼
Amounts payable after more than one year17€1.52M€1.31M▼
Financial debts170/4€1.52M€1.31M▼
Amounts payable within one year42/48€297k€305k▲
Current portion of amounts payable after more than one year42€211k€215k▲
Trade debts44€5k€18k▲
Suppliers440/4€5k€18k▲
Taxes, remuneration and social security45€16k€14k▼
Taxes450/3€16k€14k▼
Other amounts payable47/48€65k€58k▼
Accrued charges and deferred income492/3€24k€26k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€200k€200k▲
Other operating charges640/8€35k€35k▲
Gross operating margin9900€250k€318k▲
Operating profit (loss)9901€15k€83k▲
Financial charges65/66B€37k€31k▼
Recurring financial charges65€37k€31k▼
Profit (loss) for the period before taxes9903€-22k€51k▲
Income taxes67/77€132€267▲
Profit (loss) for the period9904€-22k€51k▲
Profit (loss) for the period to be appropriated9905€-22k€51k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-55k€-4k▲
Profit (loss) brought forward from the previous period14P€-33k€-55k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €51k
Net result €51k after 3 loss-making years.
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-31k
Net result drops to €-31k, the lowest in the series; recovery starts the following year.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 24 days late
2021
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 26 days late
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
2016
24-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Herstal · 1 establishment unit since 2014
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.
Rue Pierre Joseph Antoine 794040 HerstalGround area
3.7 ha
Building footprint
7,799 m²
Parcel 62051C0281/00W005, Wallonia. Linked by address, not a title deed.
1 establishment unit
HALL RENTAL ALLEUR
since 20142.345.035.178
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62051C0281/00W005 | Wallonia | 3.7 ha | 1 · 7,799 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 333 companies in sector 41002 we hold annual accounts for 133. 88 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded10-12-2014
Fiscal year end31-12
Trade name FR
HALL RENTAL ALLEUR
Activities, NACEBEL
41002Construction of residential and non-residential buildings
41001General construction of residential buildings
41003General construction of other non-residential buildings
68110Buying and selling of own real estate
70200Business and other management consultancy
70220Business consulting
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.