FRANCESCO
ActiveSummary
FRANCESCO has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €108k and a net result of €9k. Equity is growing by ~16.8% per year across the filed fiscal years. Its solvency ranks better than 83% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
77
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability77▲+14
Solvency99▲+12
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 2.34 against 1.52 in 2023; short-term debt: 11.3% and cash: 2.9% of total assets), and 26.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
60 d late
2022
98 d late
2021
101 d late
2019
172 d late
2018
174 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€9k
2023 · €-7k
2018: €-40k
2019: €4k
2021: €17k
2022: €-2k
2023: €-7k
2018 → 2024
Working capital
€22k▲ 70.3%
2023 · €13k
2018: €-51k
2019: €-50k
2021: €27k
2022: €23k
2023: €13k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192021202220232024Trend
Equity€47k-€108k▲ 130%€106k▼ 2.0%€98k▼ 7.0%€108k▲ 9.6%
Operating result€6k-€19k▲ 219%€-2k€-3k▼ 113%€10k
Net result€4k-€17k▲ 285%€-2k€-7k▼ 241%€9k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €10k after a loss of €3k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €146k
Fixed assets
€107k ▼ 10.6%
Current assets
€39k ▲ 2.1%
Equity and liabilities €146k
Equity
€108k ▲ 9.6%
Debt
€38k ▼ 35.9%
Debt's share of the balance-sheet total falls from 37.7% to 26.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€23k▲
2023 · €9k
Cash flow
€22k▲
2023 · €5k
Current ratio
2.34▲
2023 · 1.52
Debt to equity
0.35▼
2023 · 0.60
ROE
8.7%▲
2023 · -7.5%
ROA
6.5%▲
2023 · -4.7%
Interest coverage
22.54▼
2023 · 31.10
Debt ≤ 1 year
€16k▼
2023 · €25k
Debt > 1 year
€22k▼
2023 · €35k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 43 lines
Balance sheet
Code20232024
Assets
Total assets20/58€158k€146k▼
Fixed assets21/28€120k€107k▼
Tangible fixed assets22/27€119k€106k▼
Land and buildings22€84k€81k▼
Plant, machinery and equipment23€35k€25k▼
Financial fixed assets28€1k€1k=
Current assets29/58€38k€39k▲
Amounts receivable within one year40/41€37k€34k▼
Trade receivables40€28k€26k▼
Other amounts receivable41€8k€8k=
Cash at bank and in hand54/58€1k€4k▲
Equity and liabilities
Total equity and liabilities10/49€158k€146k▼
Equity10/15€98k€108k▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€91k€91k=
Non-distributable reserves130/1€91k€91k=
Reserves not available under the articles1311€91k€91k=
Profit (loss) carried forward14€-11k€-2k▲
Amounts payable17/49€59k€38k▼
Amounts payable after more than one year17€35k€22k▼
Financial debts170/4€35k€22k▼
Amounts payable within one year42/48€25k€16k▼
Financial debts43€99€99=
Credit institutions430/8€99€99=
Trade debts44€2k€5k▲
Suppliers440/4€2k€5k▲
Taxes, remuneration and social security45€150€1k▲
Remuneration and social security454/9€150€1k▲
Other amounts payable47/48€22k€10k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€13k=
Other operating charges640/8€6k€6k▼
Gross operating margin9900€15k€29k▲
Operating profit (loss)9901€-3k€10k▲
Financial charges65/66B€299€1k▲
Recurring financial charges65€299€1k▲
Profit (loss) for the period before taxes9903€-4k€9k▲
Income taxes67/77€4k-
Profit (loss) for the period9904€-7k€9k▲
Profit (loss) for the period to be appropriated9905€-7k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-11k€-2k▲
Profit (loss) brought forward from the previous period14P€-4k€-11k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Back to profitnet €9k
Net result €9k after 2 loss-making years.
31-12
Financial
Equity above €100kEq €108k ▲9.6%
Equity rises from €98k to €108k.
29-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 60 days late
2023
06-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 98 days late
2022
09-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 101 days late
2021
31-12
Financial
Highest result since 2018net €17k ▲285%
Operating result €19k, net result €17k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.26
Current ratio from 0.59 to 1.26; short-term debt falls from €120k to €103k.
31-12
Financial
Equity above €100kEq €108k ▲130%
2 profitable years in a row build equity to €108k.
19-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 172 days late
2020
21-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 174 days late
2019
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
Show earlier events
2018
22-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 83 days late
2017
20-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 142 days late
2016
06-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 67 days late
2015
28-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 1990
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Maria-Christinastraat 2091020 BrusselGround area
67 m²
Building footprint
65 m²
Volume, LiDAR
718 m³
Parcel 21815D0071/02T002, Brussels · tallest building 15.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
FRANCESCO SPRL
since 19902.048.560.420
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21815D0071/02T002 | Brussels | 67 m² | 1 · 65 m² | 15.2 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
SLAGERIJ-TRAITEUR AUTHENTIEK
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Chez Antoine
BE 1001.136.406
Bastogne · Eq €108,224
STEENHUYSE DIRK
BE 0820.130.446
Knokke-Heist · Eq €107,188
Bonne M&A
BE 0780.755.077
Damme · Eq €108,375
FERHAT & SALIH
BE 0888.323.624
Schaarbeek · Eq €107,093
Of 3,043 companies in sector 47221 we hold annual accounts for 1,564. 1,355 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-07-1989
Fiscal year end31-12
Activities, NACEBEL 2025
47221Retail sale of meat and meat products, excluding game and poultry
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.