Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 31 % of short-term debt in 2022; threshold 65 %.
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Annual account missing NBB
Fiscal year 2023 was expected before 31 July 2024 and has not been filed.
Financials
Financial year 2022
Friet Cuisine from Oudenaarde, company number BE0687782062, closed financial year 2022 with a result of € -18,663 after tax. For that financial year Friet Cuisine recorded a gross margin of € 10,805 and equity of € -37,530. Compared with financial year 2021, the result moved from € 467 to € -18,663. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on December 31, 2023.
€ -37,530
▼ € 18,663 vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -18,663
▼ still € 467 profit in 2021
Profit after tax over the fiscal year.
€ 18,571
▲ 40% vs 2021
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -56,130.
People and assets in 2022
€ 341
▲ 46% vs 2021
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 20,472
▼ 21% vs 2021
Of which on lease € 20,200.
Debts at end 2022
€ 82,361
▼ 15% vs 2021
€ 16,117 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 51,324
▲ 19% vs 2021
Supplier invoices still open on the last day of the fiscal year.
€ 2,589
▼ 36% vs 2021
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Gross margin | € 32,017 | € 10,805 | ▼ 66% |
| Profit after taxes | € 467 | € -18,663 | ▼ € 19,130 |
| Equity | € -18,868 | € -37,530 | ▼ € 18,663 |
| Total debts | € 148,503 | € 143,821 | ▼ 3% |
| Cash | € 13,304 | € 18,571 | ▲ 40% |
| Land & buildings | € 19,868 | € 15,343 | ▼ 23% |
| Retained profit | € -37,468 | € -56,130 | ▼ € 18,663 |
| Bank debt | € 96,569 | € 82,361 | ▼ 15% |
| Balance sheet total | € 129,635 | € 106,291 | ▼ 18% |
Key figures of Friet Cuisine, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.
What happened to Friet Cuisine?
What happened at Friet Cuisine in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2022: loss of € 18,663 (▼ € 19,130 vs 2021). filed late Source: NBB ↗
- New establishment in Oudenaarde. KBO
- Start of the company according to the CBE. KBO
In short
From € 467 profit in 2021 to € 18,663 loss in 2022.
Paid € 245 in corporate taxes since 2021.
Best year ever: 2021, with € 467 profit.
Establishments
Establishment units
Physical locations of this company
Heurnestraat 18
9700 Oudenaarde
Ohioplein z.n.
9700 Oudenaarde
Active since 19 January 2018
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0687.782.062
- VAT number
- BE 0687.782.062
- Registered office
- Heurnestraat 18, 9700 Oudenaarde
- Names & denominations
- Friet Cuisine
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 January 2018
- Peppol
- Active · Active since 17 Dec 2025
- Activities · NACE
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