FRIT ONE

Active

Private limited company (pre-2019)founded 201610 yrs activeDokter Haubenlaan(M) 4, 3630 Maasmechelen, BelgiumKBO/BCE: BE 0652.972.029

The computed 12-month bankruptcy probability of FRIT ONE is 1.8% (moderate). The 2024 annual accounts show equity of €142k and a net result of €21k. Equity is growing by ~12.4% per year across the filed fiscal years. Its solvency ranks better than 69% of 18938 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

100 / 100

Excellent▲ +13 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability74▲+26

Solvency96▲+6

Growth78▲+26

Stability100

Bankruptcy probability, 12 months

1.8% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €14k at 30 days acceptable

Liquidity ample (current ratio 3.61 against 4.99 in 2023), and 47.9% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Three signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 9 filings

Deviation from the deadline

2025

not confirmed

2024

61 d late

2023

82 d late

2022

27 d late

2021

61 d late

2020

41 d late

2019

120 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€142k▲ 17.3%

2023 · €121k

2018: €58k 2019: €71k 2020: €94k 2021: €104k 2022: €109k 2023: €121k

2018 → 2024

Total assets

€272k▲ 0.8%

2023 · €270k

2018: €87k 2019: €219k 2020: €235k 2021: €233k 2022: €230k 2023: €270k

2018 → 2024

Net result

€21k▲ 80.1%

2023 · €12k

2018: €16k 2019: €13k 2020: €23k 2021: €10k 2022: €5k 2023: €12k

2018 → 2024

Working capital

€104k▲ 2.9%

2023 · €101k

2018: €41k 2019: €45k 2020: €77k 2021: €89k 2022: €90k 2023: €101k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€94k-€104k▲ 10.7%€109k▲ 5.1%€121k▲ 10.6%€142k▲ 17.3%

Operating result€26k-€14k▼ 44.5%€10k▼ 32.0%€19k▲ 96.4%€33k▲ 72.6%

Net result€23k-€10k▼ 56.9%€5k▼ 47.8%€12k▲ 120%€21k▲ 80.1%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

After the dip in 2022 the operating result has climbed two years in a row; 2024 is 73% above 2023 and is the highest year so far.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €272k

47.2%

52.8%

Fixed assets €128k▼ 10.6%

Current assets €144k▲ 13.8%

Equity and liabilities €272k

52.1%

47.9%

Equity €142k▲ 17.3%

Debt €130k▼ 12.5%

The debt ratio falls from 55.2% to 47.9%: equity grows while debt is paid down.

Key figures and ratios

2024 value · change against 2023

EBITDA

€52k▲

2023 · €35k

Cash flow

€40k▲

2023 · €27k

Solvency

52.1%▲

2023 · 44.8%

Current ratio

3.61▼

2023 · 4.99

Quick ratio

3.36▼

2023 · 4.55

Debt / equity

0.92▼

2023 · 1.23

ROE

14.7%▲

2023 · 9.6%

ROA

7.7%▲

2023 · 4.3%

Interest coverage

11.55▲

2023 · 8.38

Debt

€130k▼

2023 · €149k

Debt ≤ 1 year

€40k▲

2023 · €25k

Debt > 1 year

€91k▼

2023 · €124k

Income taxes

€8k▲

2023 · €5k

Staff costs

€21k▲

2023 · €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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€270k€272k▲

Fixed assets21/28€144k€128k▼

Tangible fixed assets22/27€144k€128k▼

Land and buildings22€105k€98k▼

Plant, machinery and equipment23€38k€30k▼

Furniture and vehicles24€1k€183▼

Current assets29/58€126k€144k▲

Stocks and contracts in progress3€11k€10k▼

Stocks30/36€11k€10k▼

Amounts receivable within one year40/41€77k€87k▲

Other amounts receivable41€77k€87k▲

Current investments50/53€10k€10k=

Cash at bank and in hand54/58€27k€36k▲

Deferred charges and accrued income490/1€673€689▲

Equity and liabilities

Total equity and liabilities10/49€270k€272k▲

Equity10/15€121k€142k▲

Contributions10/11€20k€20k=

Reserves13€52k€73k▲

Non-distributable reserves130/1€2k€2k=

Reserves not available under the articles1311€2k€2k=

Distributable reserves133€50k€71k▲

Profit (loss) carried forward14€49k€49k=

Amounts payable17/49€149k€130k▼

Amounts payable after more than one year17€124k€91k▼

Financial debts170/4€124k€91k▼

Amounts payable within one year42/48€25k€40k▲

Current portion of amounts payable after more than one year42€15k€16k▲

Trade debts44€5k€6k▲

Suppliers440/4€5k€6k▲

Taxes, remuneration and social security45€5k€18k▲

Taxes450/3€5k€17k▲

Remuneration and social security454/9-€1k

Income statement Code20232024

Non-recurring operating income76A-€14k

Remuneration, social security and pensions62€2k€21k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€19k▲

Other operating charges640/8€2k€3k▲

Gross operating margin9900€39k€76k▲

Operating profit (loss)9901€19k€33k▲

Financial income75/76B€2k€91▼

Recurring financial income75€2k€91▼

Financial charges65/66B€4k€4k▲

Recurring financial charges65€4k€4k▲

Profit (loss) for the period before taxes9903€17k€29k▲

Income taxes67/77€5k€8k▲

Profit (loss) for the period9904€12k€21k▲

Profit (loss) for the period to be appropriated9905€12k€21k▲

Appropriation of the result

Profit (loss) to be appropriated9906€60k€70k▲

Profit (loss) brought forward from the previous period14P€49k€49k=

Transfer to equity691/2€12k€21k▲

To other reserves6921€12k€21k▲

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 12Financial 3Filings 9

2025

30-09

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 61 days late

2024

21-10

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 82 days late

2023

27-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 27 days late

2022

31-12

Financial Weakest financial yearnet €5k ▼47.8%

Net result drops to €5k, the lowest in the series; recovery starts the following year.

30-09

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 61 days late

2021

31-12

Financial Equity above €100kEq €104k ▲10.7%

4 profitable years in a row build equity to €104k.

10-09

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 41 days late

2020

31-12

Financial Highest result since 2018net €23k ▲78.3%

Net result €23k, the highest in the series.

28-11

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 120 days late

2019

13-08

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 13 days late

2018

25-09

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 56 days late

2017

31-08

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema · 31 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

1 act for this company is 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, Maasmechelen · 1 establishment unit since 2016

establishment The establishment unit on the map

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.

Dokter Haubenlaan(M) 43630 Maasmechelen

Ground area

1,425 m²

Building footprint

958 m²

Volume, LiDAR

11,567 m³

Parcel 73048B0228/00E002, Flanders · tallest building 15.0 m, ±4 floors. Linked by address, not a title deed.

1 establishment unit

FRIT ONE

Dokter Haubenlaan(M) 4, 3630 MaasmechelenFood and beverage service activities

since 20162.252.909.726

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
73048B0228/00E002	Flanders	1,425 m²	1 · 958 m²	15.0 m · 4 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.

Recognitions · licences · registrations

Food safety, FASFC

1 site

Maasmechelen2.252.909.726

1 permission

Toelating · Frituur · since 22-09-2016

Similar companies · same sector, comparable size

Anderlecht · Eq €142k

BASTONNE

BE 0523.897.295

Gent · Eq €142k

Of 21,911 companies in sector 56112 we hold annual accounts for 9,783. 7,348 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company (pre-2019)

Founded25-04-2016

Fiscal year end31-12

Activities, NACEBEL

56102Limited-service restaurants

56112Limited-service restaurants, excluding mobile food services

Sources

Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.