Equity
-€30,164
Debts exceed assets in financial year 2025.
FRANCK
Overview
Lifetime
2 annual accounts with figures on one time axispeak €247,576 (2024)
€153,711▼ 37.9%
lowest -€30,898 (2025)
-€30,898▼ €29,132
peak €734 (2024)
-€30,164▼ €30,898
€461,631▲ 10.2%
peak 3 FTE (2024)
-not published
Board1 name since 2023
1 director
Documentsfilings and deeds
21-09-202652 days late
2025micro format
Gross margin from €247,576 to €153,711Loss of €30,898Equity from €734 to -€30,164
Key points
from the 2025 annual accountsLosses
-€32,664 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Debts
€461,631 107% of the balance sheet
Financial debts 78%Suppliers 4%Taxes and wages 3%Other 14%
Of this, €102,202 falls due within a year.
Investments
€58,183 1.7 × depreciation
Green is investment, beige is depreciation.
Staff
11.8 FTE ▲ 293%
More staff in 2025: different schema filed.
Position in the sector
-€30,898
Lower net result than 91% of companies in food and beverage service. Sector median €4,670 · 18,499 companies.
2025 accounts filed 52 days after the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,252 companies had the same profile as FRANCK has now. Each dot stands for 4 companies, two years later.
96.5%
were still trading
2.2%
stopped another way
1.0%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 1,252 companies, not a prediction for FRANCK. 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
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0802037372
Registered office moved within Erpe-Mere
New registered office: Oudenaardsesteenweg 517 bus 2, 9420 Erpe-Mere · Previous registered office: Oudenaardsesteenweg 402, 9420 Erpe-mere · General meeting of 19-08-2024 · Gazette deed
First establishment
Pizza Express Mere, Oudenaardsesteenweg 517, Erpe-Mere
Incorporation
Founding capital of €2,500, 100 shares · Founder: · Appointment: (director) · published on 26-05-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FRANCK Erpe-Mere | €431,467 | €153,711 | -7.0% | - |
| BiLi Management Beveren-Kruibeke-Zwijndrecht | €488,577 | €150,967 | 17.0% | - |
| ATELIER CAMBIER FOOD SERVICES Walcourt | €408,376 | €167,305 | 35.7% | - |
| Bainke Haacht | €403,371 | €179,054 | 5.3% | - |
| BC BOCKSTAEL Brussels | €390,021 | €156,523 | -20.5% | - |
| Délicatesses Vandonghen Ternat | €466,839 | €175,328 | 66.8% | - |
| GIGI AMOR Ixelles | €361,974 | €162,131 | -32.3% | - |
These companies have the same main activity as FRANCK: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €362,000 and €489,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 24-05-2023Normal situation
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112and 5 others
- Joint committee
- 302Hotels and catering · annual accounts 2025
- Establishment unit
- 2.345.331.1289420 Erpe-Mere, since 01-06-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 07-01-2025
Annual accounts 2025
- €153,711▼ 37.9%
- ≈ €480,000estimated
- €30,898▲ 17×
- -€30,164
- €431,467▲ 2.9%
- 11.8 FTE▲ 293%
- Filing
- Filed on 21-09-2026
Insights on FRANCK
The 2025 annual accounts show negative equity (-€30,164) and a net result of -€30,898. Its solvency ranks better than 23% of 18,532 sector peers (NACE 56, financial year 2025).
The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 21-09-2026, 52 days late€153,711
▼ 37.9%
-€16,279
▼ €24,734
-€30,898
▼ €29,132
-€77,773
▼ €35,486
-7.0%
▼ 7.2 percentage points
0.24
▼ 0.21
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €480,000. Estimated: probably between €350,000 and €590,000.
Balance sheet
balance sheet total €431,467 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
-7.0%
Higher than 23% of 18,532 companies in 2025.
0.24
Higher than 11% of 17,887 companies in 2025.
-7.2%
Higher than 25% of 17,984 companies in 2025.
FRANCK
Middle half of the sector
80% of the sector
Micro accounts in food and beverage service (NACE 56)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: top quarter · Working capital: bottom quarter
Staff
€10,696
Staff costs divided by the average number of full-time equivalents.
-1 person
people who joined
people who left
In 2025, 27 people joined and 28 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
431,467 | 419,502 | |
21/28 |
407,038 | 385,105 | |
21 |
7,197 | 10,197 | |
22/27 |
399,842 | 374,908 | |
22 |
309,961 | 327,007 | |
23 |
29,921 | 33,185 | |
24 |
9,107 | 14,716 | |
25 |
50,852 | - | |
29/58 |
24,429 | 34,397 | |
3 |
4,000 | 4,000 | |
30/36 |
4,000 | 4,000 | |
40/41 |
3,667 | 9,213 | |
40 |
0 | 6,389 | |
41 |
3,667 | 2,824 | |
54/58 |
16,762 | 21,185 | |
| Balance sheet: equity and liabilities | |||
10/49 |
431,467 | 419,502 | |
10/15 |
-30,164 | 734 | |
10/11 |
2,500 | 2,500 | |
14 |
-32,664 | -1,766 | |
17/49 |
461,631 | 418,768 | |
17 |
359,429 | 342,083 | |
170/4 |
359,429 | 342,083 | |
42/48 |
102,202 | 76,685 | |
42 |
26,280 | 16,906 | |
43 |
374 | - | |
430/8 |
374 | - | |
44 |
20,545 | 10,175 | |
440/4 |
20,545 | 10,175 | |
45 |
15,912 | 15,467 | |
450/3 |
0 | 1,501 | |
454/9 |
15,912 | 13,967 | |
47/48 |
39,091 | 34,136 | |
| Income statement | |||
9900 |
153,711 | 247,576 | |
62 |
126,218 | 151,916 | |
630 |
33,530 | 24,946 | |
640/8 |
7,523 | 62,259 | |
66A |
2,719 | - | |
9901 |
-16,279 | 8,455 | |
75/76B |
877 | 40 | |
75 |
877 | 40 | |
65/66B |
15,496 | 10,261 | |
65 |
15,496 | 10,261 | |
9903 |
-30,898 | -1,766 | |
9904 |
-30,898 | -1,766 | |
9905 |
-30,898 | -1,766 | |
| Appropriation of the result | |||
9906 |
-32,664 | -1,766 | |
14P |
-1,766 | - | |
| Social balance sheet | |||
9087 |
11.8 | 3 | |
Hours worked1013 |
7,195 | 5,765 | |
| Document | |||
The notes to these accounts have 14 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 21-09-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 52 days after the deadline. Filed on 21 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00517608.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 17,251 | 33,400 | ||
| 2,632 | 23,180 | ||
| 58,183 | 410,051 | ||
| -4,422 | - | ||
| -77,773 | -42,288 | ||
| -7.0% | 0.2% | ||
| 0.24 | 0.45 | ||
| 0.20 | 0.40 | ||
| -7.2% | -0.4% | ||
| 1.11 | 3.26 |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 |
|---|---|---|
| Employees at the balance-sheet date | - | 1 |
| full-time | - | 0 |
| part-time | - | 1 |
| in full-time equivalents | - | 0.6 |
| 3.5 | 3 | |
| On a permanent contract | - | 1 |
| Joined | 27 | 18 |
| Left | 28 | 17 |
Source: social balance sheet in the 2024 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €58,183 | €395,051 |
| Intangible fixed assets | - | €15,000 |
| €33,530 | €24,946 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on FRANCK
The operating result for 2025 is a loss of €16,279, after a profit of €8,455 in 2024.
Equity is negative. Debt (€461,631) exceeds the balance-sheet total (€431,467).
Large changes and their cause
- 2025 Staff (FTE) +293% on 2024. The accounts now follow the micro format, last year the abbreviated format.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 24-05-2023
term without a fixed end
also on the board of 1 other company
listed in the 2025 annual accounts, filed on 21-09-2026
1 other company bankruptMandates through the years
1 name, the dashed line is todayDirector (not named in the articles)
Board
Mandates as a list
-
- Director (not named in the articles), from 24-05-2023 to date
Control
Founder
This company
FRANCK
Equity -€30,164
Loss €30,898 in 2025
Capital
- Contribution
- €2,500
- Shares
- 100
- Contribution per share
- €25
- Equity per share
- -€302 in 2025
- Source
- deed of 26-05-2023
Articles of association
deed of 26-05-2023 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director“Algemene vergadering bepaalt aantal,duur en indien meerdere hun bevoegdheid”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Tuesday of June at 11:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 26-05-2023 ↗
- 100 shares (100%) · €2,500
The directors' other companies
1 current director with another company that went bankrupt, was dissolved or struck off1 other company of this director went bankrupt (2023).
- bankruptcy on 26-10-2023mandate 2021 to 2023
Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it.
Network & group
No group
FRANCK has no parent and no holdings in its annual accounts. is the only director.
At the same address
Oudenaardsesteenweg 517, 9420 Erpe-Mere · 1 other company| Frit Express Mere
registered office since 26-01-2024 · founded in 2024 |
total assets €20,052 (2025) 1005.234.061 |
Earlier ties
via , no longer at · Director · deed of 26-08-2021 Open bankruptcy · founded in 2010 |
total assets €69,283 (2021) |
via , no longer at · Director · deed of 30-01-2024 founded in 2024 |
total assets €20,052 (2025) |
Connections & network
1 connected companyThis company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
via · Director (not named in the articles) · deed of 20-05-2022
Founded in 2022 · total assets €270,133 (2025) · negative equity
Timeline
Timeline
6 events since 2023Filings
Establishments
Address
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 52 days late
2025
Annual accounts 2024 filed PDFabbreviated format · 28 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0802037372
2024
Registered office moved within Erpe-MereNew registered office: Oudenaardsesteenweg 517 bus 2, 9420 Erpe-Mere · Previous registered office: Oudenaardsesteenweg 402, 9420 Erpe-mere · General meeting of 19-08-20243 points ▸
- General meeting, 19-08-2024
- Registered-office move, Oudenaardsesteenweg 517 bus 2, 9420 Erpe-Mere
- Power of attorney,
2023
First establishment Pizza Express Mere, Oudenaardsesteenweg 517, Erpe-Mere
IncorporationFounding capital of €2,500, 100 shares · Founder: · Appointment: (director) · published on 26-05-20237 points ▸
- Founder,
- Founding capital, €2,500, 100 shares
- holds 100 shares
- Registered office clause, Oudenaardsesteenweg 402, 9420 Erpe-Mere
- Board rule, 1
- Director appointment, (director (not named in the articles))
- Permanent representative,
- The deed holds 3 more points.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0802.037.372
- VAT number
- BE 0802.037.372
- Peppol ID
- 0208:0802037372
- Other Peppol ID
- 9925:BE0802037372
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 24-05-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Tuesday of June at 11:00deed of 26-05-2023 (in Dutch)
- Peppol
- Reachable since 07-01-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- FRANCK in Dutch
- Name in the Peppol Directory
- Pizza Express Mere
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 26-05-2023 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 26-05-2023 (in Dutch)
Activities
NACEBEL 2025VAT activities
56112
Limited-service restaurants, excluding mobile food services main activity
56210
Event catering
Social security (RSZ) activities
56112
Limited-service restaurants, excluding mobile food services main activity
Joint committees annual accounts 2025
JC 302
Hotels and catering
Codes under NACEBEL 2008
VAT activities
56102
Limited-service restaurants main activity
56210
Catering
56290
Food and beverage service activities
Social security (RSZ) activities
56102
Limited-service restaurants main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Uitbating van een pizza/horeca-zaak; Groot-en kleinhandel van allerlei producten; Verkoop-verhuur-onderhoud en herstel van…”deed of 26-05-2023 (in Dutch)
15 activities
- Uitbating van een pizza/horeca-zaak;
- Groot-en kleinhandel van allerlei producten;
- Verkoop-verhuur-onderhoud en herstel van personenwagens/vrachtwagens
- Groot-en kleinhandel in auto-onderdelen;
- Pechverhelping;
- Uitbating van een carwash;
- Consultancy,opleiding,technische expertise en bijstand op voornoemde gebieden;
- Het geven van advies en verstrekken van diensten met betrekking tot de organisatie en het beheer van bedrijven,de vertegenwoordiging en het optreden als commercieel tussenpersoon;
- Het verlenen van professionele diensten in de meest uitgebreide zin;
- Het voeren van managementactiviteiten binnen andere ondernemingen;
- Opbouw van patrimonium zowel roerend als onroerende goederen,zowel in volle-,naakte eigendom of in vruchtgebruik
- Huur/verhuur van onroerende goederen
- De aan- en verkoop en verhuring van onroerende goederen voor eigen rekening
- Organisatie,coördinatie en uitbating van events;
- Alle overige zakelijke dienstverlening.
Registered office and establishments
1 establishment| Establishment | Since | Unit number | FASFC approval |
|---|---|---|---|
| Pizza Express Mere registered office Oudenaardsesteenweg 517, 9420 Erpe-Mere | 01-06-2023 | 2.345.331.128 | Restaurant |
Buildings and parcels at the address
- Ground area
- 1,836 m²
- Buildings
- 361 m²
- Volume, LiDAR
- 1,456 m³
- Tallest building
- 8.1 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 41006B0475/00A002 | 1,836 m² | 1 · 361 m² | 8.1 m · 1 |
Recognitions
Food safety, FASFC
1 siteErpe-Mereunit number 2.345.331.128