FRIDG'BI
ActiveSummary
FRIDG'BI has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.03M and a net result of €-286k. Equity is growing by ~9.5% per year across the filed fiscal years. Its solvency ranks better than 60% of 480 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
49
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability14▼-3
Solvency69▼-3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95k at 30 days acceptable
Liquidity short (current ratio 0.66 against 0.82 in 2024; short-term debt: 46.5% and cash: 1.1% of total assets), and 55.8% 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 33
Relative position
BE, all sectors
reference
Sector 33
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
44.2%
Return on assets
-6.2%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-286k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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
25 d late
2024
5 d early
2023
on the day
2022
28 d late
2021
12 d early
2020
29 d late
2019
63 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-286k▼ 22.3%
2024 · €-234k
2018: €63k
2019: €21k
2020: €40k
2021: €44k
2022: €16k
2023: €-87k
2024: €-234k
2018 → 2025
Working capital
€-724k▼ 101%
2024 · €-361k
2018: €147k
2019: €259k
2020: €273k
2021: €371k
2022: €363k
2023: €-114k
2024: €-361k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.17M-€1.18M▲ 0.5%€2.58M▲ 118%€2.33M▼ 9.7%€2.03M▼ 13.0%
Operating result€159k-€127k▼ 20.3%€74k▼ 41.4%€-82k€-121k▼ 47.8%
Net result€44k-€16k▼ 64.2%€-87k€-234k▼ 170%€-286k▼ 22.3%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €121k in 2025 against €82k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.58M
Fixed assets
€3.17M ▼ 3.0%
Current assets
€1.41M ▼ 14.3%
Equity and liabilities €4.58M
Equity
€2.03M ▼ 13.0%
Debt
€2.56M ▼ 1.2%
Debt's share of the balance-sheet total rises from 52.6% to 55.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€66k▼
2024 · €90k
Cash flow
€-99k▼
2024 · €-62k
Current ratio
0.66▼
2024 · 0.82
Quick ratio
0.43▼
2024 · 0.54
Debt to equity
1.26▲
2024 · 1.11
ROE
-14.1%▼
2024 · -10.0%
ROA
-6.2%▼
2024 · -4.8%
Interest coverage
0.37▼
2024 · 0.53
Debt ≤ 1 year
€2.13M▲
2024 · €2.00M
Debt > 1 year
€423k▼
2024 · €562k
Income taxes
€3k▲
2024 · €-160
Staff costs
€1.35M▼
2024 · €1.53M
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 · 2025 against 2024 · 60 lines
Balance sheet
Code20242025
Assets
Total assets20/58€4.92M€4.58M▼
Fixed assets21/28€3.27M€3.17M▼
Intangible fixed assets21€177k€196k▲
Tangible fixed assets22/27€2.49M€2.36M▼
Land and buildings22€2.43M€2.33M▼
Plant, machinery and equipment23€15k€7k▼
Furniture and vehicles24€41k€27k▼
Financial fixed assets28€608k€614k▲
Current assets29/58€1.64M€1.41M▼
Stocks and contracts in progress3€563k€498k▼
Stocks30/36€563k€498k▼
Amounts receivable within one year40/41€1.01M€794k▼
Trade receivables40€846k€630k▼
Other amounts receivable41€164k€164k▼
Current investments50/53€10k€10k=
Cash at bank and in hand54/58€34k€50k▲
Deferred charges and accrued income490/1€28k€56k▲
Equity and liabilities
Total equity and liabilities10/49€4.92M€4.58M▼
Equity10/15€2.33M€2.03M▼
Contributions10/11€12k€14k▲
Revaluation surpluses12€1.50M€1.50M=
Reserves13€71k€69k▼
Distributable reserves133€71k€69k▼
Profit (loss) carried forward14€604k€318k▼
Investment grants15€141k€125k▼
Amounts payable17/49€2.59M€2.56M▼
Amounts payable after more than one year17€562k€423k▼
Financial debts170/4€562k€423k▼
Amounts payable within one year42/48€2.00M€2.13M▲
Current portion of amounts payable after more than one year42€225k€164k▼
Financial debts43€316k€320k▲
Credit institutions430/8€316k€320k▲
Trade debts44€545k€653k▲
Suppliers440/4€545k€653k▲
Advances received on contracts in progress46€10k-
Taxes, remuneration and social security45€897k€890k▼
Taxes450/3€368k€381k▲
Remuneration and social security454/9€528k€509k▼
Other amounts payable47/48€12k€105k▲
Accrued charges and deferred income492/3€20k€720▼
Income statement
Code20242025
Non-recurring operating income76A€12k-
Remuneration, social security and pensions62€1.53M€1.35M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€172k€188k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€6k-
Other operating charges640/8€34k€67k▲
Operating charges capitalised as restructuring costs649€-141k-
Non-recurring operating charges66A€258k-
Gross operating margin9900€1.78M€1.48M▼
Operating profit (loss)9901€-82k€-121k▼
Financial income75/76B€17k€16k▼
Recurring financial income75€17k€16k▼
Financial charges65/66B€169k€178k▲
Recurring financial charges65€169k€178k▲
Profit (loss) for the period before taxes9903€-234k€-284k▼
Income taxes67/77€-160€3k▲
Profit (loss) for the period9904€-234k€-286k▼
Profit (loss) for the period to be appropriated9905€-234k€-286k▼
Appropriation of the result
Profit (loss) to be appropriated9906€604k€318k▼
Profit (loss) brought forward from the previous period14P€838k€604k▼
Social balance
Average headcount (FTE)908719.517.9▼
The notes to these accounts (24 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
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 25 days late
2025
31-12
Financial
Weakest financial yearnet €-286k
Net result drops to €-286k, the lowest in the series.
26-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €2MEq €2.58M ▲118%
Equity rises from €1.18M to €2.58M.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 28 days late
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
29-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 29 days late
2020
02-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 63 days late
2019
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 22 days late
2018
08-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 8 days late
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Manage · 1 establishment unit since 2004
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 des Saucelles 87170 ManageGround area
2,413 m²
Building footprint
1,242 m²
Volume, LiDAR
7,500 m³
Parcel 52043E0023/00N000, Wallonia · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FRIDG'BI (
since 20042.144.876.866
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52043E0023/00N000 | Wallonia | 2,413 m² | 1 · 1,242 m² | 9.6 m · 2 fl. |
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 1,225 companies in sector 33200 we hold annual accounts for 676. 266 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-11-2004
Fiscal year end31-12
Activities, NACEBEL 2025
33200Installation of industrial machinery and equipment
43211General electrical installation work
43230Insulation installation
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0475/96.14.44