FRZ
ActiveSummary
FRZ has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €42k and a net result of €16k. Equity is growing by ~17% per year across the filed fiscal years. Its solvency ranks better than 70% of 18280 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability96▲+23
Solvency83▼-12
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 2.06 against 2.41 in 2024; short-term debt: 40.3% and cash: 66.2% of total assets), and 42.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 47
Relative position
BE, all sectors
reference
Sector 47
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
57.8%
Return on assets
22.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-09-2026, 49 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
49 d late
2024
68 d late
2023
112 d late
2022
53 d late
2021
29 d late
2020
71 d late
2019
74 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, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€16k▲ 885%
2024 · €2k
2018: €3k
2019: €2k
2020: €10k
2021: €2k
2022: €6k
2023: €-325
2024: €2k
2018 → 2025
Working capital
€31k▲ 46.2%
2024 · €21k
2018: €7k
2019: €9k
2020: €19k
2021: €21k
2022: €24k
2023: €19k
2024: €21k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€29k-€35k▲ 19.7%€34k▼ 0.9%€36k▲ 4.8%€42k▲ 17.2%
Operating result€4k-€7k▲ 69.7%€2k▼ 77.2%€2k▲ 30.7%€17k▲ 774%
Net result€2k-€6k▲ 130%€-325€2k€16k▲ 885%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 774% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €73k
Fixed assets
€12k ▼ 15.3%
Current assets
€61k ▲ 66.2%
Equity and liabilities €73k
Equity
€42k ▲ 17.2%
Debt
€31k ▲ 104%
Debt's share of the balance-sheet total rises from 29.6% to 42.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€20k▲
2024 · €4k
Cash flow
€18k▲
2024 · €4k
Current ratio
2.06▼
2024 · 2.41
Debt to equity
0.73▲
2024 · 0.42
ROE
38.4%▲
2024 · 4.6%
ROA
22.2%▲
2024 · 3.2%
Interest coverage
115.23▲
2024 · 41.85
Debt ≤ 1 year
€29k▲
2024 · €15k
Income taxes
€906▲
2024 · €231
Staff costs
€81k▲
2024 · €80k
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 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€51k€73k▲
Fixed assets21/28€15k€12k▼
Tangible fixed assets22/27€15k€12k▼
Furniture and vehicles24€15k€12k▼
Financial fixed assets28€100€100=
Current assets29/58€36k€61k▲
Amounts receivable within one year40/41€6k€12k▲
Trade receivables40-€11k
Other amounts receivable41€6k€828▼
Cash at bank and in hand54/58€30k€48k▲
Deferred charges and accrued income490/1€109-
Equity and liabilities
Total equity and liabilities10/49€51k€73k▲
Equity10/15€36k€42k▲
Contributions10/11€13k€13k=
Capital10€13k-
Issued capital100€19k-
Uncalled capital101€6k-
Profit (loss) carried forward14€23k€30k▲
Amounts payable17/49€15k€31k▲
Amounts payable within one year42/48€15k€29k▲
Trade debts44€8k€10k▲
Suppliers440/4€8k€10k▲
Taxes, remuneration and social security45€7k€10k▲
Taxes450/3€3k€3k▲
Remuneration and social security454/9€4k€7k▲
Other amounts payable47/48-€10k
Accrued charges and deferred income492/3-€1k
Income statement
Code20242025
Non-recurring operating income76A-€139
Remuneration, social security and pensions62€80k€81k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k=
Other operating charges640/8€1k€757▼
Gross operating margin9900€85k€101k▲
Operating profit (loss)9901€2k€17k▲
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€101€170▲
Recurring financial charges65€101€170▲
Profit (loss) for the period before taxes9903€2k€17k▲
Income taxes67/77€231€906▲
Profit (loss) for the period9904€2k€16k▲
Profit (loss) for the period to be appropriated9905€2k€16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€23k€40k▲
Profit (loss) brought forward from the previous period14P€22k€23k▲
Profit to be distributed694/7-€10k
Directors or managers695-€10k
The notes to these accounts (5 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
18-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 49 days late
2025
31-12
Financial
Highest result since 2018net €16k ▲885%
Operating result €17k, net result €16k, both a record.
07-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 68 days late
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
20-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 112 days late
2023
31-12
Financial
Weakest financial yearnet €-325 ▼106%
Net result drops to €-325, the lowest in the series; recovery starts the following year.
22-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 53 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
10-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 71 days late
2020
31-12
Financial
Liquidity triplescurrent ratio 5.07
Current ratio from 1.57 to 5.07; short-term debt falls from €15k to €5k.
13-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 74 days late
2019
23-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 115 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 29 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Sint-Jans-Molenbeek · 1 establishment unit since 2011
Ground area
264 m²
Building footprint
259 m²
Volume, LiDAR
2,957 m³
2 parcels, Brussels · tallest building 18.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Albert Vanderkinderestraat 10, 1080 Sint-Jans-Molenbeek
since 20112.202.532.181
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21523B0910/00S006 | Brussels | 183 m² | 1 · 183 m² | 18.6 m · 3 fl. |
| 21523B0911/00F009 | Brussels | 81 m² | 1 · 76 m² | 16.4 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 10,671 companies in sector 47811 we hold annual accounts for 5,222. 3,217 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
Founded30-12-2010
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
46180Agents specialised in the wholesale of other particular products
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.