Equity
€159,387 ▲ 59.0%
FRANCHINI ET FILS has made a profit without a break since 2018.
FRANCHINI ET FILS
Lifetime
13 annual accounts with figures on one time axispeak €254,871 (2024)
€254,871▲ 99.7%
lowest -€10,390 (2017)
€59,159▲ 30×
peak €159,387 (2024)
€159,387▲ 59.0%
€301,298▼ 2.1%
Board2 names since 2011
2 directorsFRANCHINI Renato and 1 other
Documentsfilings and deeds
31-10-202592 days late
2024micro format
Gross margin from €127,601 to €254,871Result from €1,981 to €59,159Changes of role: FRANCHINI Renato (director) and FRANCHINI Gi… 19-02Equity from €100,228 to €159,387Investments €27,964Cash from €16,491 to €81,923
Key points
from the 2024 annual accountsResult
€59,159 ▲ 30×
The result rose in 2024 from €1,981 to €59,159.
Investments
€27,964 2.0 × depreciation
Green is investment, beige is depreciation. Machinery stands 1377.6% higher than in 2023.
Staff
4 employees on 31-12-2024
In 2024, 3 people joined and 2 left.
Filings
13 annual accounts 100 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Position in the sector
€59,159
Higher net result than 90% of companies in specialised construction. Sector median €9,467 · 35,925 companies.
Checked score
56
Fair
Financially stronger than 61% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,701 companies (NACE 43, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.4%
01-2025: 1.4%● unchanged vs 12-2024
02-2025: 1.4%● unchanged vs 01-2025
03-2025: 1.4%● unchanged vs 02-2025
04-2025: 1.4%● unchanged vs 03-2025
05-2025: 1.4%● unchanged vs 04-2025
06-2025: 1.4%● unchanged vs 05-2025
07-2025: 1.5%▲ +0.1 percentage points vs 06-2025
08-2025: 1.9%▲ +0.4 percentage points vs 07-2025
09-2025: 2.2%▲ +0.3 percentage points vs 08-2025
10-2025: 2.6%▲ +0.4 percentage points vs 09-2025
11-2025: 2.8%▲ +0.2 percentage points vs 10-2025highest value
12-2025: 0.7%▼ -2.1 percentage points vs 11-2025
01-2026: 0.8%▲ +0.1 percentage points vs 12-2025
02-2026: 0.8%● unchanged vs 01-2026
03-2026: 0.7%▼ -0.1 percentage points vs 02-2026lowest value
04-2026: 0.7%● unchanged vs 03-2026
05-2026: 0.8%▲ +0.1 percentage points vs 04-2026
06-2026: 0.8%● unchanged vs 05-2026
07-2026: 0.7%▼ -0.1 percentage points vs 06-2026
08-2026: 1.1%▲ +0.4 percentage points vs 07-2026
09-2026: 1.2%▲ +0.1 percentage points vs 08-2026
10-2026: 1.6%▲ +0.4 percentage points vs 09-2026
11-2026: 1.6%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
1 financial year not filed after the legal deadline; last filed accounts filed 92 days late; 3 of the last 3 accounts late
Figures for financial year 2024 (filed on 07-11-2025)
lowers risk
Founded in 2011
Liquidity: current ratio 1.94, cash €81,923
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 43, micro). It does better than 37% of them on solvency, 55% on liquidity, 68% on profitability and 85% 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 31-12-2024.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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, 34,693 companies had the same profile as FRANCHINI ET FILS has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
The bankruptcy probability of FRANCHINI ET FILS itself is higher: 1.6% within 12 months. It rests on far more data about FRANCHINI ET FILS than the profile alone.
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 34,693 companies, not a prediction for FRANCHINI ET FILS. 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 €8,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 1.94 (1.55 in 2023), above the usual 1.5. Short-term debt is 33.2% and cash 17.8% of total assets. However, 65.4% 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
Six signals.
lowers riskraises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 100 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline08-11-2026 today
raises risk · 2024 accounts filed 92 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
92 days late
2023
78 days late
2022
102 days late
2021
60 days late
2020
61 days late
2019
123 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 86 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0841350977
Changes of role: FRANCHINI Renato (director) and FRANCHINI Gianni (director)
“Toutes activités d'entreprise de placement de clôtures; Entreprise de peinture industrielle; Entreprise de…” (deed in French) · General meeting of 22-12-2023 · Gazette deed
First establishment
Rue des Châteaux d'Eau 19, Charleroi
Incorporation
published on 29-11-2011 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FRANCHINI ET FILS Florennes | €460,685 | €254,871 | 34.6% | - |
| REBATITOIT Andenne | €506,163 | €262,952 | 40.8% | - |
| Lionel MERVEILLE Toiture Profondeville | €391,900 | €232,451 | 45.9% | - |
| DELLI RUSSI GIANNI Jemeppe-sur-Sambre | €564,978 | €260,645 | 38.5% | 4.5 |
| TOITURES DENILLE STEVE Namur | €543,084 | €295,889 | 33.8% | - |
| DAKWERKEN dE HOON Merksplas | €470,463 | €245,482 | 19.8% | - |
| PLOUVIER & SOHN Butgenbach | €455,284 | €262,931 | 44.1% | - |
These companies have the same main activity as FRANCHINI ET FILS: roofing work (NACE 43410). They are comparable in size and age: total assets between €392,000 and €565,000, founded between 2011 and 2013.
Official details
Source: KBO- Status
- Active since 25-11-2011Normal situation
- Activity
- Roofing workNACE 43410
- Establishment unit
- 2.206.097.0316061 Charleroi, since 26-01-2012
- Financial year end
- 31 December
- Peppol
- Reachable since 09-12-2025
Annual accounts 2024
- ≈ €630,000estimated
- €460,685▲ 13.0%
- Employeeson 31-12-2024
- 4▲ 33.3%
- Filing
- Filed on 31-10-2025
Insights on FRANCHINI ET FILS
FRANCHINI ET FILS files the micro format. That format states no turnover. The gross margin rose from €5,239 in 2012 to €254,871 in 2024.
The balance sheet grew most from 2022 to 2024 through fixed assets, financed with long-term debt.
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 FRANCHINI ET FILS
- What is the company number of FRANCHINI ET FILS?
- The company number of FRANCHINI ET FILS is 0841.350.977. The VAT number is the same number with BE in front: BE 0841.350.977.
- Where is FRANCHINI ET FILS based?
- The registered office is at Avenue de Longvic 26, 5620 Florennes.Company details
- What does FRANCHINI ET FILS do?
- According to the KBO register, the main activity is roofing work (NACE 43410).
- What is the legal form of FRANCHINI ET FILS?
- FRANCHINI ET FILS is a private limited company (BV).
- When was FRANCHINI ET FILS founded?
- FRANCHINI ET FILS was founded on 25-11-2011.
- Is FRANCHINI ET FILS still active?
- Yes, FRANCHINI ET FILS is an active enterprise in the KBO register.
- How many employees does FRANCHINI ET FILS have?
- FRANCHINI ET FILS had an average of 4.1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of FRANCHINI ET FILS?
- The turnover in financial year 2024 is ≈ €630,000. This figure is estimated from the gross margin of €254,871 and 82 comparable companies (NACE 43). It probably lies between €480,000 and €910,000.
- Is FRANCHINI ET FILS profitable?
- In financial year 2024, FRANCHINI ET FILS made a profit of €59,159.
- Where can I find the annual accounts of FRANCHINI ET FILS?
- FRANCHINI ET FILS filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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