FRIT ASTRID · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of FRIT ASTRID is 3.6% (moderate). The 2025 annual accounts show equity of €39k and a net result of €14k. Equity is growing by ~62.3% per year across the filed fiscal years. Its solvency ranks better than 81% of 1106 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.

Signals

3 signals · with evidence

Strong solvency vs sector

Solvency is in the sector's strongest quartile: better than 81% of 1106 peers (2025). A comfortable equity buffer.

View the sector comparison

Consistently profitable

Positive net result in the two most recent financial years (2024 and 2025).

View the result trend

Growing equity

Equity grew over 2023-2025. Profits are largely retained rather than distributed.

View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-03-2026, 150 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.

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.

How we compute the deadline

The year end is derived from 3 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2025, that is 31-07-2026.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	03-03-2026	150 d early	2026-00047699
31-12-2024	31-07-2025	20-03-2025	133 d early	2025-00051287
31-12-2023	31-07-2024	19-03-2024	134 d early	2024-00049204

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

More than 3 years active

Founded in 2022, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

3.6% Moderate

0%0,5%1,5%4%10%≥25%

Higher-failure-rate sector +Young company +Annual accounts: healthy financial profile −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

Turnover€224k+17.9%

EBIT margin7.5%-4.7pp

Net result€14k-26.9%

Working capital€-7k+39.0%

CSV export

Annual accounts & ratios

Source: NBB · 2025

Annual accounts filed on 03-03-2026 with the NBB · fiscal year 2025 · micro

RevenueOperating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~62.3%/year over 3 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2025 · NACE 56, Food & beverage service · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	60.8%	25.6%	better than 81% of 1106 sector peers
Net result	€14k	€7k	better than 61% of 1108 sector peers
Equity	€39k	€22k	better than 62% of 1110 sector peers
Gross operating margin	€36k	€63k	better than 36% of 1104 sector peers
Staff costs	€7k	€51k	higher than 19% of 808 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P81

Improving position over 2023-2025 · n=1106-5651

Net result P61

Improving position over 2023-2025 · n=1108-5639

Equity P62

Improving position over 2023-2025 · n=1110-5663

Gross operating margin P36

Stable position over 2023-2025 · n=1104-5625

Describes the position versus peers, not a forecast.

Revenue

€224k

+17.9% 23-25

EBITDA

€25k

-14.2% 23-25

Net profit

€14k

-26.9% 23-25

Cash flow

€22k

-11.4% 23-25

Total assets

€65k

-15.4% 23-25

Equity

€39k

+52.6% 23-25

Working capital

€-7k

+39.0% 23-25

Employees (FTE)

2

-4.5% 23-25

Show 13 other metrics

Staff costs

€7k

-21.7% 23-25

Income taxes

€3k

-26.4% 23-25

Debt

€25k

-50.0% 23-25

Debt ≤ 1y

€25k

-50.0% 23-25

Current ratio

0.73

-6.2% 23-25

Quick ratio

0.57

-19.3% 23-25

Solvency

60.8%

+80.4% 23-25

Debt / equity

0.64

-67.2% 23-25

ROE

34.5%

-52.1% 23-25

ROA

21.0%

-13.6% 23-25

Net margin

6.0%

-38.0% 23-25

EBITDA margin

11.4%

-27.2% 23-25

Interest coverage

-203.35

- 23-25

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2025
Deposit	micro
Revenue	€224k
EBITDA	€25k
Net profit	€14k
Cash flow	€22k
Staff costs	€7k
Income taxes	€3k
Dividends	-
Total assets	€65k
Equity	€39k
Debt	€25k
of which ≤ 1y	€25k
of which > 1y	-
Working capital	€-7k
Employees (FTE)	2.1

Ratios (computed)

	2025
Current ratio	0.73
Quick ratio	0.57
Working capital ratio	-10.5%
Solvency	60.8%
Debt / equity	0.64
Long-term debt ratio	-
Interest coverage	-203.35
Gross margin	15.6%
Net margin	6.0%
ROA	21.0%
ROE	34.5%
EBITDA margin	11.4%
Days sales outstanding	10d
Days payable outstanding	14d
Inventory turnover	47.36
Days inventory (DSI)	8d

Balance-sheet composition 2025

Assets

Fixed assets €46k · 71.3% Current assets €19k · 28.7%

Equity & liabilities

Equity €39k · 60.8% Debt €25k · 39.2%

Full annual accounts (23 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025
Balance sheet, Assets
TOTAL ASSETS	20/58	€65k
Fixed assets	21/28	€46k
Tangible fixed assets	22/27	€35k
Financial fixed assets	28	€11k
Current assets	29/58	€19k
Stocks & contracts in progress	3	€4k
Amounts receivable within one year	40/41	€9k
Cash & bank	54/58	€6k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€65k
Equity	10/15	€39k
Contributions / capital	10/11	€10k
Accumulated profits (losses)	14	€29k
Amounts payable	17/49	€25k
Amounts payable within one year	42/48	€25k
Trade debts payable within one year	44	€7k
Income statement
Turnover	70	€224k
Gross operating margin	9900	€36k
Operating result	9901	€17k
Financial charges	65	€-125
Result before taxes	9903	€17k
Income taxes	67/77	€3k
Net result for the period	9904	€14k
Result to be appropriated	9905	€14k

This table shows the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2025 · computed

53 / 100 Fair

050100

Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank

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.

Koningin Astridlaan 12800 Mechelen

Establishment units

1 location

FRIT ASTRID

Koningin Astridlaan 1, 2800 MechelenEetgelegenheden met beperkte bediening

since 20222.332.765.470

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area94 m²

Buildings1

Building footprint54 m²

Volume (LiDAR)608 m³

Tallest building12.2 m · ±4 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
12025E1137/00A000	Flanders	94 m²	1 · 54 m²	12.2 m · 4 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.