FRITSTOP
ActiveSummary
The computed 12-month bankruptcy probability of FRITSTOP is 1.6% (moderate). The 2024 annual accounts show equity of €92k and a net result of €22k. Equity is growing by ~30.6% per year across the filed fiscal years. Its solvency ranks better than 61% of 18941 sector peers (fiscal year 2024). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
66
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability81▲+2
Solvency67▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.51 against 0.57 in 2023; short-term debt: 30.9% and cash: 12.9% of total assets), and 58% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 56
Relative position
BE, all sectors
reference
Sector 56
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
42%
Return on assets
9.9%
Age of the figures
21 mo
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 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
27 d early
2022
31 d early
2021
27 d early
2020
33 d early
2019
32 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€92k▲ 21.2%
2023 · €76k
2018: €8k
2019: €7k
2020: €33k
2021: €47k
2022: €59k
2023: €76k
2018 → 2024
Total assets
€220k▼ 9.9%
2023 · €244k
2018: €211k
2019: €201k
2020: €208k
2021: €219k
2022: €240k
2023: €244k
2018 → 2024
Net result
€22k▲ 12.8%
2023 · €19k
2018: €8k
2019: €-1k
2020: €26k
2021: €15k
2022: €12k
2023: €19k
2018 → 2024
Working capital
€-33k▲ 15.9%
2023 · €-39k
2018: €-75k
2019: €-82k
2020: €-62k
2021: €-51k
2022: €-48k
2023: €-39k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€33k-€47k▲ 44.2%€59k▲ 25.3%€76k▲ 28.5%€92k▲ 21.2%
Operating result€29k-€20k▼ 30.7%€16k▼ 17.4%€25k▲ 54.8%€27k▲ 6.8%
Net result€26k-€15k▼ 44.8%€12k▼ 17.6%€19k▲ 62.1%€22k▲ 12.8%
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 7% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €220k
Fixed assets
€185k ▼ 3.3%
Current assets
€35k ▼ 33.8%
Equity and liabilities €220k
Equity
€92k ▲ 21.2%
Debt
€128k ▼ 24.0%
Debt's share of the balance-sheet total falls from 68.8% to 58.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€36k▲
2023 · €34k
Cash flow
€30k▲
2023 · €28k
Current ratio
0.51▼
2023 · 0.57
Quick ratio
0.46▼
2023 · 0.54
Debt to equity
1.38▼
2023 · 2.21
ROE
23.7%▼
2023 · 25.4%
ROA
9.9%▲
2023 · 7.9%
Interest coverage
19.05▲
2023 · 15.11
Debt ≤ 1 year
€68k▼
2023 · €92k
Debt > 1 year
€59k▼
2023 · €76k
Income taxes
€4k▼
2023 · €5k
Staff costs
€7k▲
2023 · €4k
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 · 2024 against 2023 · 50 lines
Balance sheet
Code20232024
Assets
Total assets20/58€244k€220k▼
Fixed assets21/28€192k€185k▼
Tangible fixed assets22/27€192k€185k▼
Land and buildings22€191k€185k▼
Plant, machinery and equipment23€649€308▼
Current assets29/58€53k€35k▼
Stocks and contracts in progress3€3k€3k▲
Stocks30/36€3k€3k▲
Amounts receivable within one year40/41€3k€3k▼
Trade receivables40€98-
Other amounts receivable41€3k€3k▼
Cash at bank and in hand54/58€45k€28k▼
Deferred charges and accrued income490/1€2k€340▼
Equity and liabilities
Total equity and liabilities10/49€244k€220k▼
Equity10/15€76k€92k▲
Contributions10/11€22k€22k=
Reserves13€17k€17k=
Distributable reserves133€17k€17k=
Profit (loss) carried forward14€38k€54k▲
Amounts payable17/49€168k€128k▼
Amounts payable after more than one year17€76k€59k▼
Financial debts170/4€76k€59k▼
Amounts payable within one year42/48€92k€68k▼
Current portion of amounts payable after more than one year42€16k€17k▲
Trade debts44€2k€558▼
Suppliers440/4€2k€558▼
Taxes, remuneration and social security45€394€2k▲
Taxes450/3€394€431▲
Remuneration and social security454/9-€2k
Other amounts payable47/48€74k€49k▼
Accrued charges and deferred income492/3-€534
Income statement
Code20232024
Remuneration, social security and pensions62€4k€7k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€39k€44k▲
Operating profit (loss)9901€25k€27k▲
Financial income75/76B€949€758▼
Recurring financial income75€949€758▼
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€24k€26k▲
Income taxes67/77€5k€4k▼
Profit (loss) for the period9904€19k€22k▲
Profit (loss) for the period to be appropriated9905€19k€22k▲
Appropriation of the result
Profit (loss) to be appropriated9906€57k€60k▲
Profit (loss) brought forward from the previous period14P€38k€38k▲
Transfer to equity691/2€17k-
To other reserves6921€17k-
Profit to be distributed694/7€3k€6k▲
Directors or managers695€3k€6k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €26k
Net result €26k after one loss-making year.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-1k ▼113%
Net result drops to €-1k, the lowest in the series; recovery starts the following year.
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
06-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
05-07
NBB filing
Annual accounts filed
fiscal year 2015 · 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, Gent · 1 establishment unit since 2010
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.
Brusselsesteenweg 7539050 GentGround area
119 m²
Building footprint
119 m²
Volume, LiDAR
636 m³
Parcel 44362B0188/00W002, Flanders · tallest building 11.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
FRITSTOP
since 20102.194.015.482
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44362B0188/00W002 | Flanders | 119 m² | 1 · 119 m² | 11.7 m · 1 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 siteGent2.194.015.482
Similar companies · same sector, comparable size
CATERING SOLUTIONS
BE 0883.283.681
Vilvoorde · Eq €92,408
CETTE
BE 0799.517.253
Brussel · Eq €92,374
FIL
BE 0849.233.911
Antwerpen · Eq €92,487
S.L.C.M.J.
BE 1001.664.758
Walcourt · Eq €92,334
Kimini
BE 0780.900.577
Bilzen-Hoeselt · Eq €92,325
Of 21,888 companies in sector 56112 we hold annual accounts for 9,780. 7,922 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
Founded22-11-2010
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
56220Contract catering and other food service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0471570320