Equity
€79,375 from €176,185 in 2015
Equity fell by 55% in 10 years.
BAKKERIJ FRANSSEN
Lifetime
20 annual accounts with figures on one time axis, 28 filings since 1998peak €260,510 (2012)
-€5,816▼ €2,227
lowest -€54,891 (2023)
-€14,755▼ €2,393
peak €176,185 (2015)
€79,375▼ 15.7%
€124,386▲ 5.1%
peak 5.2 FTE (2006)
-not published
Board3 names since 2021
2 directorsCHRISTEL FRANSSEN and 1 other
Owners
Documentsfilings and deeds
13-07-202618 days before the deadline
2025micro format
Gross margin from -€3,589 to -€5,816Loss of €14,755Equity from €94,130 to €79,375Cash from €1 to €995
Key points
from the 2025 annual accountsLosses
-€82,008 in three years
Every financial year from 2023 to 2025 closed with a loss. 2023 was the heaviest.
Filings
28 annual accounts since 1998
Seven of the last ten came late. The 2019 accounts came latest: 47 days after the end of the period.
Turnover not published (abbreviated or micro format)
Checked score
67
Healthy
Financially stronger than 27% of micro companies in food products (NACE 10)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.1% across 3,080 companies (NACE 10, micro).
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.2%
01-2025: 1.2%● unchanged vs 12-2024
02-2025: 1.2%● unchanged vs 01-2025
03-2025: 1.2%● unchanged vs 02-2025
04-2025: 1.3%▲ +0.1 percentage points vs 03-2025
05-2025: 1.3%● unchanged vs 04-2025
06-2025: 1.2%▼ -0.1 percentage points vs 05-2025
07-2025: 1.4%▲ +0.2 percentage points vs 06-2025highest value
08-2025: 1.1%▼ -0.3 percentage points vs 07-2025
09-2025: 1.1%● unchanged vs 08-2025
10-2025: 1.1%● unchanged vs 09-2025
11-2025: 1.1%● unchanged vs 10-2025
12-2025: 1.1%● unchanged vs 11-2025
01-2026: 1.1%● unchanged vs 12-2025
02-2026: 1.1%● unchanged vs 01-2026
03-2026: 1.1%● unchanged vs 02-2026
04-2026: 1.2%▲ +0.1 percentage points vs 03-2026
05-2026: 1.2%● unchanged vs 04-2026
06-2026: 1.1%▼ -0.1 percentage points vs 05-2026
07-2026: 1.2%▲ +0.1 percentage points vs 06-2026
08-2026: 0.8%▼ -0.4 percentage points vs 07-2026
09-2026: 0.8%● unchanged vs 08-2026
10-2026: 0.8%● unchanged vs 09-2026lowest value
11-2026: 0.8%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Sector: Manufacture of food products (NACE 10)
Loss of €14,755, the second in a row (financial year 2025)
Liquidity: current ratio 0.98, cash €995
lowers risk
Founded in 1998
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 10, micro). It does better than 56% of them on solvency, 12% on liquidity, 16% on profitability and 24% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 12,322 companies had the same profile as BAKKERIJ FRANSSEN has now. Each dot stands for 31 companies, two years later.
90.3%
were still trading
8.6%
stopped another way
0.7%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BAKKERIJ FRANSSEN itself: 0.8% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 12,322 companies, not a prediction for BAKKERIJ FRANSSEN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.98 (1.77 in 2024), below 1. Short-term debt is 60.5% and cash 0.5% of total assets. 61% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€14,755
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 days early
2024
9 days early
2023
7 days late
2022
29 days late
2021
12 days late
2020
25 days late
2019
47 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 13 days after the deadline. In the sector (NACE 10), the median for financial year 2024 was 4 days before the deadline, and 38% 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 8 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
FG
Franssen Guillaume
Director
- CHRISTEL FRANSSEN 100%equity €147,058 (2025) · 2023 annual accounts of CHRISTEL FRANSSEN
Recent changes
Environmental permit granted
Nieuwbouw of aanleggen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie, Slopen of verwijderen and 3 more · Riemst
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0463547954
Changes of role: Giullaume FRANNSEN (director) and CHRISTEL FRANSSEN (director)
Permanent representative: Christel Franssen · General meeting of 07-10-2021 · Gazette deed
First establishment
Burgemeester Marresbaan 1, Riemst
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BAKKERIJ FRANSSEN Riemst | €203,761 | -€5,816 | 39.0% | - |
| MANSSENS Aalst | €278,695 | -€7,042 | 92.9% | - |
| Gebroeders Blondeel Beersel | €272,143 | -€4,951 | 42.2% | - |
| JOLI As | €73,997 | -€907 | 89.7% | - |
| ZAK GARDEN Brussels | €227,993 | €358 | -108.3% | - |
| TWENTY COUNT COACHING Dilbeek | €60,084 | -€17,791 | -397.6% | - |
| L'BOTIKE DEL BOLINDJî Beauvechain | €61,802 | -€887 | 100.0% | - |
These companies have the same main activity as BAKKERIJ FRANSSEN: manufacture of food products (NACE 10711). They are comparable in size and age: total assets between €60,100 and €279,000, founded between 1981 and 2017.
Official details
Source: KBO- Status
- Active since 11-06-1998Normal situation
- Activity
- Manufacture of food productsNACE 10711
- Joint committee
- 118Food industry · annual accounts 2022
- Establishment unit
- 2.088.056.0483770 Riemst, since 19-08-1998
- Financial year end
- 31 December
- Peppol
- Reachable since 13-10-2025
Annual accounts 2025
- €203,761▼ 4.1%
- Filing
- Filed on 13-07-2026, 18 days before the end of the filing period
Insights on BAKKERIJ FRANSSEN
BAKKERIJ FRANSSEN files the micro format. That format states no turnover. The gross margin fell from €231,113 in 2006 to -€5,816 in 2025.
The balance sheet grew most from 2015 to 2017 through fixed assets, financed with long-term debt.
CHRISTEL FRANSSEN holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BAKKERIJ FRANSSEN
- What is the company number of BAKKERIJ FRANSSEN?
- The company number of BAKKERIJ FRANSSEN is 0463.547.954. The VAT number is the same number with BE in front: BE 0463.547.954.
- Where is BAKKERIJ FRANSSEN based?
- The registered office is at Burgemeester Marresbaan 1, 3770 Riemst.Company details
- What does BAKKERIJ FRANSSEN do?
- According to the KBO register, the main activity is manufacture of food products (NACE 10711).
- What is the legal form of BAKKERIJ FRANSSEN?
- BAKKERIJ FRANSSEN is a private limited company (BV).
- When was BAKKERIJ FRANSSEN founded?
- BAKKERIJ FRANSSEN was founded on 11-06-1998.
- Is BAKKERIJ FRANSSEN still active?
- Yes, BAKKERIJ FRANSSEN is an active enterprise in the KBO register.
- How many employees does BAKKERIJ FRANSSEN have?
- BAKKERIJ FRANSSEN had an average of 3.4 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- Which joint committee does BAKKERIJ FRANSSEN fall under?
- In its 2022 annual accounts, BAKKERIJ FRANSSEN states joint committee 118 (Food industry).
- What is the turnover of BAKKERIJ FRANSSEN?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.
- Is BAKKERIJ FRANSSEN profitable?
- In financial year 2025, BAKKERIJ FRANSSEN made a loss of €14,755.
- Where can I find the annual accounts of BAKKERIJ FRANSSEN?
- BAKKERIJ FRANSSEN filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BAKKERIJ FRANSSEN due?
- BAKKERIJ FRANSSEN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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