Losses
-€13,689 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
FRANCESCANI
Lifetime
19 annual accounts with figures on one time axis, 26 filings since 1999peak €459,622 (2015)
€99,727▼ 31.8%
lowest -€8,215 (2024)
-€5,474▲ €2,741
peak €331,156 (2022)
€317,467▼ 1.7%
€1.0m▼ 3.9%
peak 7.6 FTE (2020)
-not published
Board4 names since 2022
1 directorAlexandre BARNSTIJN
Documentsfilings and deeds
29-01-20262 days before the deadline
2025micro format
Gross margin from €146,127 to €99,727Loss of €5,474Cash from €19,199 to €36,443
Key points
from the 2025 annual accountsChecked score
83
Excellent
Financially stronger than 41% of micro companies in food and beverage service (NACE 56)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,796 companies (NACE 56, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.8%
01-2025: 3.3%▲ +1.5 percentage points vs 12-2024highest value
02-2025: 0.3%▼ -3.0 percentage points vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.3%● unchanged vs 06-2025
08-2025: 0.3%● unchanged vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.4%▲ +0.1 percentage points vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.5%▲ +0.1 percentage points vs 12-2025
02-2026: 0.3%▼ -0.2 percentage points vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026lowest value
08-2026: 0.3%● unchanged vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.4%▲ +0.1 percentage points vs 09-2026
11-2026: 0.4%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Sector: Food and beverage service activities (NACE 56)
Equity €317,467 (23.3% of total assets)
lowers risk
Size: total assets €1.4m
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 56, micro). It does better than 44% of them on solvency, 45% on liquidity, 36% on profitability and 38% on growth.
The bankruptcy probability was computed on 07-11-2026 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 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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, 2,507 companies had the same profile as FRANCESCANI has now. Each dot stands for 7 companies, two years later.
96.4%
were still trading
1.8%
stopped another way
1.6%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of FRANCESCANI itself: 0.4% 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 2,507 companies, not a prediction for FRANCESCANI. 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 €25,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.18 (0.1 in 2024), below 1. Short-term debt is 17.1% and cash 2.7% of total assets. 76.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 days early
2024
3 days early
2022
9 days late
2021
13 days early
2020
30 days late
2019
89 days late
2018
29 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 20 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end08-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0463571710
Change of role: BARNSTIJN Alexandre, from manager to director
“Toutes operations immobilieres au sens le plus large du terme dont, notamment et non limitativement, assurer…” (deed in French) · Director discharge: BARNSTIJN Alexandre (manager) · Gazette deed
Resignation: Michel Barnstijn (director)
General meeting of 23-05-2023 · Gazette deed
2 directors appointed, 2 resignations
Resignations: Renato LACAGNINA (manager) and Paolo ANTONELLI (manager) · Appointments: Michel BARNSTIJN and Alexandre BARNSTIJN · General meeting of 07-07-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FRANCESCANI Brussels | €1.4m | €99,727 | 23.3% | - |
| Hulshouts Tenniscentrum Hulshout | €1.6m | €92,021 | 78.6% | - |
| LE SENS PERDU Molenbeek-Saint-Jean | €1.0m | €90,519 | -38.1% | - |
| Grandma's Restaurants Antwerp | €1.6m | €113,719 | 22.0% | - |
| DECELLE BENOIT Burg-Reuland | €1.0m | €89,431 | -19.5% | - |
| BOOTHOTEL LA PENICHE Koksijde | €1.3m | €75,098 | 85.1% | - |
| VAN-VER Nieuwpoort | €1.0m | €103,297 | 7.9% | - |
These companies have the same main activity as FRANCESCANI: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €997,000 and €1.6m, founded between 1990 and 2005.
Official details
Source: KBO- Status
- Active since 16-06-1998Normal situation
- Activity
- Full-service restaurantsNACE 56111and 2 others
- Establishment unit
- 2.088.489.9741020 Brussels, since 23-09-1998
- Financial year end
- 30 June
- Peppol
- Reachable since 05-11-2025
Annual accounts to 30-06-2025
- ≈ €320,000estimated
- €1.4m▼ 3.4%
- Filing
- Filed on 29-01-2026, 2 days before the end of the filing period
Insights on FRANCESCANI
FRANCESCANI files the micro format. That format states no turnover. The gross margin fell from €224,556 in 2006 to €99,727 in 2025.
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 FRANCESCANI
- What is the company number of FRANCESCANI?
- The company number of FRANCESCANI is 0463.571.710. The VAT number is the same number with BE in front: BE 0463.571.710.
- Where is FRANCESCANI based?
- The registered office is at Emile Bockstaellaan 426, 1020 Brussels.Company details
- What does FRANCESCANI do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of FRANCESCANI?
- FRANCESCANI is a private limited company (BV).
- When was FRANCESCANI founded?
- FRANCESCANI was founded on 16-06-1998.
- Is FRANCESCANI still active?
- Yes, FRANCESCANI is an active enterprise in the KBO register.
- How many employees does FRANCESCANI have?
- FRANCESCANI had an average of 7.6 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
- What is the turnover of FRANCESCANI?
- The turnover in financial year 2025 is ≈ €320,000. This figure is estimated from the gross margin of €99,727 and 72 comparable companies (NACE 56111). It probably lies between €270,000 and €430,000.
- Is FRANCESCANI profitable?
- In financial year 2025, FRANCESCANI made a loss of €5,474.
- Where can I find the annual accounts of FRANCESCANI?
- FRANCESCANI filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FRANCESCANI due?
- FRANCESCANI must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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