LA FREGATE
ActiveLA FREGATE has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €116k and a net result of €20k. Equity is growing by ~9.3% per year across the filed fiscal years. Its solvency ranks better than 70% of 13061 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
60
/ 100
Healthy▼ -11 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▼-16
Solvency63▼-4
Growth78=
Stability100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity short (current ratio 0.41 against 0.55 in 2024), and 46.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
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
53.6%
Return on assets
9%
Age of the figures
8 mo
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-08-2026, 14 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
14 d late
2024
48 d early
2023
26 d early
2022
31 d early
2021
52 d early
2020
64 d early
2019
43 d early
← before the deadline
after the deadline →
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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€116k▼ 22.7%
2024 · €150k
2018: €76k
2019: €95k
2020: €100k
2021: €133k
2022: €115k
2023: €138k
2024: €150k
2018 → 2025
Total assets
€217k▼ 12.9%
2024 · €249k
2018: €346k
2019: €327k
2020: €318k
2021: €284k
2022: €266k
2023: €246k
2024: €249k
2018 → 2025
Net result
€20k▼ 36.9%
2024 · €31k
2018: €8k
2019: €19k
2020: €6k
2021: €32k
2022: €16k
2023: €23k
2024: €31k
2018 → 2025
Working capital
€-53k▼ 43.4%
2024 · €-37k
2018: €-169k
2019: €-149k
2020: €-79k
2021: €-50k
2022: €-64k
2023: €-49k
2024: €-37k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€133k-€115k▼ 13.4%€138k▲ 20.0%€150k▲ 8.9%€116k▼ 22.7%
Operating result€45k-€26k▼ 40.7%€37k▲ 38.5%€51k▲ 38.6%€36k▼ 29.5%
Net result€32k-€16k▼ 50.8%€23k▲ 44.9%€31k▲ 34.7%€20k▼ 36.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 29% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €217k
Fixed assets
€180k▼ 11.3%
Current assets
€37k▼ 20.1%
Equity and liabilities €217k
Equity
€116k▼ 22.7%
Debt
€101k▲ 2.0%
The debt ratio rises from 39.6% to 46.4%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€61k▼
2024 · €76k
Cash flow
€44k▼
2024 · €56k
Solvency
53.6%▼
2024 · 60.4%
Current ratio
0.41▼
2024 · 0.55
Quick ratio
0.28▼
2024 · 0.39
Debt / equity
0.87▲
2024 · 0.66
ROE
16.8%▼
2024 · 20.6%
ROA
9.0%▼
2024 · 12.4%
Interest coverage
10.96▲
2024 · 10.89
Debt
€101k▲
2024 · €99k
Debt ≤ 1 year
€90k▲
2024 · €83k
Debt > 1 year
€10k▼
2024 · €15k
Income taxes
€11k▼
2024 · €13k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€249k€217k▼
Fixed assets21/28€203k€180k▼
Tangible fixed assets22/27€203k€180k▼
Land and buildings22€130k€120k▼
Furniture and vehicles24€10k€7k▼
Other tangible fixed assets26€63k€52k▼
Financial fixed assets28€75€75=
Current assets29/58€46k€37k▼
Stocks and contracts in progress3€14k€12k▼
Stocks30/36€14k€12k▼
Amounts receivable within one year40/41€6k€3k▼
Other amounts receivable41€6k€3k▼
Cash at bank and in hand54/58€25k€20k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€249k€217k▼
Equity10/15€150k€116k▼
Contributions10/11€19k€19k=
Reserves13€132k€97k▼
Tax-exempt reserves132€14k€14k=
Distributable reserves133€117k€83k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€99k€101k▲
Amounts payable after more than one year17€15k€10k▼
Financial debts170/4€15k€10k▼
Amounts payable within one year42/48€83k€90k▲
Current portion of amounts payable after more than one year42€22k€12k▼
Financial debts43€4k€0▼
Other loans439€4k€0▼
Trade debts44€11k€15k▲
Suppliers440/4€11k€15k▲
Taxes, remuneration and social security45€14k€16k▲
Taxes450/3€14k€16k▲
Other amounts payable47/48€33k€47k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€25k▼
Other operating charges640/8€4k€4k▲
Non-recurring operating charges66A€313€0▼
Gross operating margin9900€80k€65k▼
Operating profit (loss)9901€51k€36k▼
Financial income75/76B€3€106▲
Recurring financial income75€3€106▲
Financial charges65/66B€7k€6k▼
Recurring financial charges65€7k€6k▼
Profit (loss) for the period before taxes9903€44k€30k▼
Income taxes67/77€13k€11k▼
Profit (loss) for the period9904€31k€20k▼
Profit (loss) for the period to be appropriated9905€31k€20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€31k€20k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2€19k€54k▲
Transfer to equity691/2€31k€20k▼
To other reserves6921€31k€20k▼
Profit to be distributed694/7€19k€54k▲
Return on contributions (dividend)694€19k€54k▲
The notes to these accounts (11 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
14-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 14 days late
2025
13-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €150kEq €150k ▲8.9%
7 profitable years in a row build equity to €150k.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €32k ▲473%
Net result €32k, the highest in the series.
28-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €6k ▼69.8%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100kEq €100k ▲5.9%
3 profitable years in a row build equity to €100k.
18-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
14-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Neufchâteau · 1 establishment unit since 2003
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.
Avenue de la Victoire,NEU 566840 NeufchâteauGround area
1,083 m²
Building footprint
176 m²
Volume, LiDAR
1,339 m³
Parcel 84043A0177/00M005, Wallonia · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
LA FREGATE
since 20032.126.983.237
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 84043A0177/00M005 | Wallonia | 1,083 m² | 1 · 176 m² | 9.9 m · 3 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 siteNeufchâteau2.126.983.237
Similar companies · same sector, comparable size
AS DUBRU
BE 0658.732.344
Saint-Ghislain · Eq €116k
HOTELLERIE DE L'AN 1600
BE 0876.382.825
Bouillon · Eq €116k
DE ZEVENDE HEMEL
BE 0449.460.188
Brugge · Eq €116k
Q-TARO
BE 0839.033.964
Pelt · Eq €116k
Van Vlas en Eyk
BE 0726.375.095
Ravels · Eq €116k
Of 20,231 companies in sector 56111 we hold annual accounts for 11,313. 9,294 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-04-2003
Fiscal year end31-12
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
55522
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.