Financials
- Financial year
- 2025
- Total assets
- €332,725
- Profit
- €11,634
- Solvency
- 28.3%
Total assets▼ 19.7%
Net result
20182025
FRAKO Atelier T
ActiveSummary
FRAKO Atelier T has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €94,079 and a net result of €11,634. Equity is growing by about 44% per year across the filed financial years. Its solvency ranks better than 41% of 12,672 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Overview
Activity
Retail sale of household furniture
NACE 47551
1 site
Size
€332,725total assets 2025
- Staff
- 3 FTE
- Equity
- €94,079
- Profit
- €11,634
Turnover not published (abbreviated format)
Why 82raises risk1 change of registered office in 24 monthsSize: 3 FTE, total assets €332,725Sector: Retail trade (NACE 47)lowers riskLiquidity: current ratio 1.02, cash €78,745Show the evidence
Checked score
Score 2025
82
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 52% of its sector peers (NACE 47, micro)
Financial strength · tick = 2024
Average
Solvency
53+8
equity 28.3% of total assets
Liquidity
43+30
short-term debt 69.3% · cash 23.7%
Profitability
73-3
return on assets 3.5%
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.7%
12-2024: 0.7%● unchanged vs 11-2024
01-2025: 0.7%● unchanged vs 12-2024
02-2025: 0.7%● unchanged vs 01-2025
03-2025: 0.7%● unchanged vs 02-2025
04-2025: 0.7%● unchanged vs 03-2025
05-2025: 0.7%● unchanged vs 04-2025
06-2025: 0.6%▼ -0.1 percentage points vs 05-2025
07-2025: 0.8%▲ +0.2 percentage points vs 06-2025
08-2025: 1.2%▲ +0.4 percentage points vs 07-2025highest value
09-2025: 0.8%▼ -0.4 percentage points vs 08-2025
10-2025: 0.8%● unchanged vs 09-2025
11-2025: 0.8%● unchanged vs 10-2025
12-2025: 0.8%● unchanged vs 11-2025
01-2026: 0.8%● unchanged vs 12-2025
02-2026: 0.8%● unchanged vs 01-2026
03-2026: 0.8%● unchanged vs 02-2026
04-2026: 0.8%● unchanged vs 03-2026
05-2026: 0.9%▲ +0.1 percentage points vs 04-2026
06-2026: 0.8%▼ -0.1 percentage points vs 05-2026
07-2026: 0.9%▲ +0.1 percentage points vs 06-2026
08-2026: 0.5%▼ -0.4 percentage points vs 07-2026lowest value
09-2026: 0.5%● unchanged vs 08-2026lowest value
10-2026: 0.5%● unchanged vs 09-2026lowest value
Credit of up to €7,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.02, compared with 0.91 in 2024, below the usual 1.5; short-term debt: 69.3% and cash: 23.7% of total assets), and 71.7% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 47, micro): better than 44% on solvency, 41% on liquidity, 57% on profitability and 66% on growth.
The bankruptcy probability was computed on 25-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
28 days late
2023
31 days early
2022
on the day
2021
2 days early
2020
93 days early
2019
28 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 10 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% 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 31 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Reappointments: FITHOKO, KAF and THONEPermanent representatives: VERSCHUEREN Ronny Albert…
- Annual accounts filedfinancial year 2024 · abbreviated…
Key points
By topic
Board & ownership
- Board
- 3 members
- Largest shareholder
- FITHOKO · 50%
- THONEDirector
- FITHOKODirector
- KAFDirector
Network & group
- Connected companies
- 1
Timeline
- Events
- 37
- Since
- 1995
- Next accounts
- by 31-07-2027
- 24-09-2024Appointment: Thone BV (director)
- 30-06-2024Annual accounts filed
- 31-12-2023Highest result from 2018 to 2025
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Retail sale of household furnitureNACE 47551
- Founded
- 28-01-1994
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 1
- Who signs
- Each director alone
Key facts about FRAKO Atelier T
- What is the company number of FRAKO Atelier T?
- 0451.902.610. In Belgium the VAT number is the company number with BE in front: BE 0451.902.610.
- Where is FRAKO Atelier T based?
- The registered office is at Hundelgemsesteenweg 289, 9820 Merelbeke-Melle.Company details
- What does FRAKO Atelier T do?
- According to the KBO register, the main activity is retail sale of household furniture (NACE 47551).
- What is the legal form of FRAKO Atelier T?
- Private limited company (BV).
- When was FRAKO Atelier T founded?
- On 28-01-1994.
- Is FRAKO Atelier T still active?
- Yes, FRAKO Atelier T is an active enterprise in the KBO register.
- How many employees does FRAKO Atelier T have?
- On average 3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of FRAKO Atelier T?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is FRAKO Atelier T profitable?
- In financial year 2025, FRAKO Atelier T made a profit of €11,634.
- Where can I find the annual accounts of FRAKO Atelier T?
- FRAKO Atelier T filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FRAKO Atelier T due?
- By 31-07-2027, for financial year 2026.Timeline
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Shareholders
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