Frozen Art
The computed 12-month bankruptcy probability of Frozen Art is 3.6% (moderate). The 2024 annual accounts show equity of €10k and a net result of €8k. Its solvency ranks better than 43% of 637 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €10k |
| Net result | €8k |
| Staff (FTE) | 0.8 |
| Better than sector | 43% |
Mixed profile: strong on profitability, weaker on solvency.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 15.7% | 21.2% | |
| Net result | €8k | €7k | |
| Equity | €10k | €26k | |
| Gross operating margin | €47k | €59k | |
| Staff costs | €26k | €61k |
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €18k |
| Net profit | €8k |
| Cash flow | €16k |
| Staff costs | €26k |
| Income taxes | €1k |
| Dividends | - |
| Total assets | €66k |
| Equity | €10k |
| Debt | €55k |
| of which ≤ 1y | €55k |
| of which > 1y | - |
| Working capital | €-49k |
| Employees (FTE) | 0.8 |
| 2024 | |
|---|---|
| Current ratio | 0.12 |
| Quick ratio | 0.12 |
| Working capital ratio | -74.1% |
| Solvency | 15.7% |
| Debt / equity | 5.38 |
| Long-term debt ratio | - |
| Interest coverage | 22.86 |
| Gross margin | - |
| Net margin | - |
| ROA | 11.9% |
| ROE | 75.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (23 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €66k |
| Fixed assets | 21/28 | €59k |
| Tangible fixed assets | 22/27 | €53k |
| Financial fixed assets | 28 | €6k |
| Current assets | 29/58 | €7k |
| Stocks & contracts in progress | 3 | €253 |
| Amounts receivable within one year | 40/41 | €1k |
| Cash & bank | 54/58 | €3k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €66k |
| Equity | 10/15 | €10k |
| Contributions / capital | 10/11 | €3k |
| Accumulated profits (losses) | 14 | €8k |
| Amounts payable | 17/49 | €55k |
| Amounts payable within one year | 42/48 | €55k |
| Trade debts payable within one year | 44 | €10k |
| Income statement | ||
| Gross operating margin | 9900 | €47k |
| Operating result | 9901 | €10k |
| Financial income | 75 | €19 |
| Financial charges | 65 | €791 |
| Result before taxes | 9903 | €9k |
| Income taxes | 67/77 | €1k |
| Net result for the period | 9904 | €8k |
| Result to be appropriated | 9905 | €8k |
| NACE primary | Vervaardiging van roomijs en ander consumptie-ijs(10520) |
| Legal form | Private limited company(610) |
| Incorporation | 17-04-2023 |
| Status | Active |
| Postal code | 2060 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11805E0483/00W009 | Flanders | 211 m² | 1 · 102 m² | 15.1 m · 5 fl. |
| 11805E0483/00V009 | Flanders | 74 m² | 1 · 74 m² | 15.5 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
09-12-2025 Registered office moved within Antwerpen
- Lange Beeldekensstraat 115, 2060 Antwerpen → Lange Beeldekensstraat 111, 2060 Antwerpen
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Antwerpen",
"region": null,
"street": "Lange Beeldekensstraat",
"country": "BE",
"postcode": "2060",
"box_number": null,
"street_number": "111"
},
"old_address": {
"city": "Antwerpen",
"region": null,
"street": "Lange Beeldekensstraat",
"country": "BE",
"postcode": "2060",
"box_number": "B",
"street_number": "115"
},
"effective_date": "2025-09-01",
"evidence_quote": "Uit het verslag van de bestuurder dd. 31 augustus 2025 blijkt de beslissing om de zetel van de vennootschap te verplaatsen van Lange Beeldekensstraat 115B, 2060 Antwerpen naar Lange Beeldekensstraat 111, 2060 Antwerpen en dit met ingang vanaf 01 september 2025."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0800.809.828",
"name_full": "FROZEN ART",
"legal_form": "BV"
}
}19-04-2023 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "2060 Antwerpen, Lange Beeldekensstraat 115B",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": null,
"name": "Assadullah Andar",
"niss": null,
"address": "2060 Antwerpen, Dambruggestraat 235 bus 101"
},
"share_class": "naam",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 2500,
"holder_person_name": "Assadullah Andar",
"is_subscriber_only": false,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 2500,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 2500,
"subject_company": {
"kbo": "0800.809.828",
"name_full": "Frozen Art",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2023-04-12",
"post_incorporation_mandates": []
}| Legal nameNL | Frozen Art |