FRANCK

Active

Private limited companyfounded 20233 yrs activeOudenaardsesteenweg 517, 9420 Erpe-Mere, BelgiumKBO/BCE: BE 0802.037.372

Summary

The computed 12-month bankruptcy probability of FRANCK is 5.7% (elevated). The 2025 annual accounts show negative equity (€-30k) and a net result of €-31k. Its solvency ranks better than 23% of 13305 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

30 / 100

Weak

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability19▼-26

Solvency18▼-7

Growth32

Track record94

Bankruptcy probability, 12 months

5.7% Elevated

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.24 against 0.45 in 2024; short-term debt: 23.7% and cash: 3.9% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

-7%

Return on assets

-7.2%

Age of the figures

9 mo

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

2425

2024 to 2025 · latest year €-30k

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-09-2026, 52 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 · 2 filings

Deviation from the deadline

2025

52 d late

2024

28 d early

← before the deadline after the deadline →

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

24-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€-30k

2024 · €734

2024: €734

2024 → 2025

Total assets

€431k▲ 2.9%

2024 · €420k

2024: €420k

2024 → 2025

Net result

€-31k▼ 1,650%

2024 · €-2k

2024: €-2k

2024 → 2025

Working capital

€-78k▼ 83.9%

2024 · €-42k

2024: €-42k

2024 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20242025Trend

Equity€734-€-30k

Operating result€8k-€-16k

Net result€-2k-€-31k▼ 1,650%

Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2025: a loss of €16k after €8k in 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €431k

94.3%

Fixed assets €407k ▲ 5.7%

Current assets €24k ▼ 29.0%

Key figures and ratios

2025 value · change against 2024

EBITDA

€17k▼

2024 · €33k

Cash flow

€3k▼

2024 · €23k

Solvency

-7.0%▼

2024 · 0.2%

Current ratio

0.24▼

2024 · 0.45

Quick ratio

0.20▼

2024 · 0.40

Debt to equity

-15.30

ROA

-7.2%▼

2024 · -0.4%

Interest coverage

1.11▼

2024 · 3.26

Debt

€462k▲

2024 · €419k

Debt ≤ 1 year

€102k▲

2024 · €77k

Debt > 1 year

€359k▲

2024 · €342k

Staff costs

€126k▼

2024 · €152k

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 · 2025 against 2024 · 48 lines

Balance sheet Code20242025

Assets

Total assets20/58€420k€431k▲

Fixed assets21/28€385k€407k▲

Intangible fixed assets21€10k€7k▼

Tangible fixed assets22/27€375k€400k▲

Land and buildings22€327k€310k▼

Plant, machinery and equipment23€33k€30k▼

Furniture and vehicles24€15k€9k▼

Leasing and similar rights25-€51k

Current assets29/58€34k€24k▼

Stocks and contracts in progress3€4k€4k=

Stocks30/36€4k€4k=

Amounts receivable within one year40/41€9k€4k▼

Trade receivables40€6k€0▼

Other amounts receivable41€3k€4k▲

Cash at bank and in hand54/58€21k€17k▼

Equity and liabilities

Total equity and liabilities10/49€420k€431k▲

Equity10/15€734€-30k▼

Contributions10/11€3k€3k=

Profit (loss) carried forward14€-2k€-33k▼

Amounts payable17/49€419k€462k▲

Amounts payable after more than one year17€342k€359k▲

Financial debts170/4€342k€359k▲

Amounts payable within one year42/48€77k€102k▲

Current portion of amounts payable after more than one year42€17k€26k▲

Financial debts43-€374

Credit institutions430/8-€374

Trade debts44€10k€21k▲

Suppliers440/4€10k€21k▲

Taxes, remuneration and social security45€15k€16k▲

Taxes450/3€2k€0▼

Remuneration and social security454/9€14k€16k▲

Other amounts payable47/48€34k€39k▲

Income statement Code20242025

Remuneration, social security and pensions62€152k€126k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€34k▲

Other operating charges640/8€62k€8k▼

Non-recurring operating charges66A-€3k

Gross operating margin9900€248k€154k▼

Operating profit (loss)9901€8k€-16k▼

Financial income75/76B€40€877▲

Recurring financial income75€40€877▲

Financial charges65/66B€10k€15k▲

Recurring financial charges65€10k€15k▲

Profit (loss) for the period before taxes9903€-2k€-31k▼

Profit (loss) for the period9904€-2k€-31k▼

Profit (loss) for the period to be appropriated9905€-2k€-31k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-2k€-33k▼

Profit (loss) brought forward from the previous period14P-€-2k

Social balance

Average headcount (FTE)90873.0-

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 2Filings 2

Next filing, fiscal year 2026, expected by 31-07-2027

2026

21-09

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 52 days late

2025

03-07

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

NBB filing

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, Erpe-Mere · 1 establishment unit since 2023

establishment The establishment unit on the map

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.

Oudenaardsesteenweg 5179420 Erpe-Mere

Ground area

1,836 m²

Building footprint

361 m²

Volume, LiDAR

1,456 m³

Parcel 41006B0475/00A002, Flanders · tallest building 8.1 m, ±1 floor. Linked by address, not a title deed.

1 establishment unit

Pizza Express Mere

Oudenaardsesteenweg 517, 9420 Erpe-MereNACE 45112

since 20232.345.331.128

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
41006B0475/00A002	Flanders	1,836 m²	1 · 361 m²	8.1 m · 1 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.

Recognitions · licences · registrations

Food safety, FASFC

1 site

Erpe-Mere2.345.331.128

1 permission

Toelating · Eetgelegenheid · since 06-06-2023

Similar companies · same sector, comparable size

Geraardsbergen · Eq €739

Of 21,888 companies in sector 56112 we hold annual accounts for 9,780. 1,433 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

Founded24-05-2023

Fiscal year end31-12

Activities, NACEBEL 2025

56112Limited-service restaurants, excluding mobile food services

56210Event catering

56220Contract catering and other food service activities

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.