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11 Francs

Active
Private limited companyfounded 2023active for 3 yearsPlace de Vannes 20, 7000 Mons, BelgiumKBO/BCE: BE 0799.516.461
Summary

11 Francs has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€123,858) and a net result of €33,832. Equity has been shrinking by about 8.3% per year since 2023. Its solvency ranks better than 16% of 17,145 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 14-03-2023 Normal situation
Activity
Renting and operating of own or leased non-residential real estate, excluding land NACE 68203and 2 others
Joint committee
302 Paritair Comité voor het hotelbedrijf · annual accounts 2025
Establishment unit
2.345.746.149 7000 Mons, since 05-05-2023
Financial year end
31 December
Peppol
Reachable since 29-09-2025

Board and ownership

Financial position

55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€205,147
▲ 79.2%
Turnover
≈ €280,000
estimated
Profit
€33,832
Equity
-€123,858
▲ 21.5%
Total assets
€2.6m
▼ 2.3%
Employees on 31-12-2025
1
=
  • Negative equity on 31-12-2025
Score breakdownraises riskCapped at 59: negative equityNegative equity -€123,858lowers riskSize: total assets €2.6mSector: Real estate activities (NACE 68)Figures for financial year 2025 (filed on 22-06-2026)Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 42% of small companies in real estate (NACE 68)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 20+1
equity -4.8% of total assets
Liquidity 41=
short-term debt 25.9% · cash 1.0%
Profitability 42+15
return on assets 1.3%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,993 companies, NACE 68, small)
Last 24 months 12-2024: 0.5% 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.6%▲ +0.1 percentage points vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.7%▲ +0.1 percentage points vs 05-2025 07-2025: 0.7%● unchanged vs 06-2025 08-2025: 0.9%▲ +0.2 percentage points vs 07-2025highest value 09-2025: 0.3%▼ -0.6 percentage points vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.4%▲ +0.1 percentage points vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.2%▼ -0.2 percentage points vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026lowest value 11-2026: 0.2%● unchanged vs 10-2026lowest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.07 (0.06 in 2024), below 1. Short-term debt is 25.9% and cash 1% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small). It does better than 9% of them on solvency, 36% on liquidity, 40% on profitability and 82% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €2.6m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity -€123,858
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
lowers risk · Figures for financial year 2025 (filed on 22-06-2026)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 17145 sector peers (2025).
NBB · sector comparison
Position among 17145 sector peers
Solvency
better than 16%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-06-2026, 39 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
39 days early
2024
19 days late
2023
27 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 2 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 19 August (3 of the last 3 accounts filed within 58 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€123,858 View
  • Caution: Less equity than 94% of companies in real estatesector median €73,342 · 17,160 companies -€123,858 View
  • Positive: Back in profit in 2025after a loss of €54,353 in 2024 €33,832 View

Recent changes

  1. · Gazette deed Resignation: Leleux Caroline (director)Appointments: De Vos Benoît (director) and Hautenauve Nicolas (director)
  2. · Gazette deed Miscellaneous
  3. · Gazette deed IncorporationStarting capital €6,400 · Appointment: Leleux Caroline (director)
All 7 events

Comparable companies

These companies have the same main activity as 11 Francs: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €2.4m and €2.9m, founded between 2022 and 2023.

CompanyTotal assetsGross margin
11 Francs Mons€2.6m€0.2m
P4P IMMO Charleroi€2.9m€0.3m
BRUSSELS WEST HUB Elsene€2.6m€0.2m
IMMOSART Villers-la-Ville€2.5m€0.2m
IMMO BASAK Genk€2.4m€0.2m
E PLUS Sint-Gillis (bij-Brussel)€2.7m€0.3m
West Tower Hulshout€2.7m€0.2m
Full comparison

Key facts about 11 Francs

What is the company number of 11 Francs?
The company number of 11 Francs is 0799.516.461. The VAT number is the same number with BE in front: BE 0799.516.461.
Where is 11 Francs based?
The registered office is at Place de Vannes 20, 7000 Mons.Company details
What does 11 Francs do?
According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
What is the legal form of 11 Francs?
The legal form of 11 Francs is Private limited company (BV).
When was 11 Francs founded?
11 Francs was founded on 14-03-2023.
Is 11 Francs still active?
Yes, 11 Francs is an active enterprise in the KBO register.
How many employees does 11 Francs have?
11 Francs had an average of 1.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does 11 Francs fall under?
In its 2025 annual accounts, 11 Francs states joint committee 302 (Paritair Comité voor het hotelbedrijf).
What is the turnover of 11 Francs?
The turnover in financial year 2025 is ≈ €280,000. This figure is estimated from the gross margin of €205,147 and 37 comparable companies (NACE 68203). It probably lies between €220,000 and €440,000.
Is 11 Francs profitable?
In financial year 2025, 11 Francs made a profit of €33,832.
Where can I find the annual accounts of 11 Francs?
11 Francs filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of 11 Francs due?
11 Francs must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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