Summary
FRANCK is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €86,072 and a net result of -€1,856. Equity is growing by about 36% per year across the filed financial years. Its solvency ranks better than 8% of 6,655 sector peers (NACE 64, financial year 2025). The company has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2025, abbreviated format
2025 annual accounts filed late (61 days) Filed on 30 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00533299.
Equity
€86,072▼ 2.1%
2024 · €87,927
Net result
-€1,856
2024 · €23,404
Total assets
€2.9m▼ 1.9%
2024 · €2.9m
Solvency
3.0%=
2024 · 3.0%
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 17% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.2m
2025
Net result-€0.002m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€2.9m
2025
Equity€0.09m
2025
Debt€2.8m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€2.0m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)-0.1%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency3.0%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.05
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)2.2
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.009m-€0.01m▲ 9.5%€0.02m▲ 86.0%€0.1m▲ 523%€0.1m▲ 8.1%€0.2m▲ 26.0%€0.2m▲ 27.1%€0.2m▼ 17.2%
Net result€0.001m-€0.001m▲ 7.8%€0.009mwithin the sector's middle half▲ 922%€0.007mwithin the sector's middle half▼ 22.7%€0.02mwithin the sector's middle half▲ 128%€0.02mwithin the sector's middle half▲ 18.5%€0.02mwithin the sector's middle half▲ 26.3%-€0.002mbelow the sector's middle half
Equity€0.01m-€0.01m▲ 6.3%€0.02mbelow the sector's middle half▲ 60.8%€0.03mbelow the sector's middle half▲ 29.2%€0.05mbelow the sector's middle half▲ 51.5%€0.06mbelow the sector's middle half▲ 40.3%€0.09mbelow the sector's middle half▲ 36.3%€0.09mbelow the sector's middle half▼ 2.1%
Total assets€0.1m-€0.1m▲ 13.8%€2.8mwithin the sector's middle half▲ 22×€2.8mwithin the sector's middle half▼ 0.7%€2.8mwithin the sector's middle half▲ 0.4%€3.0mwithin the sector's middle half▲ 5.6%€2.9mwithin the sector's middle half▼ 1.7%€2.9mwithin the sector's middle half▼ 1.9%
Debt€0.1m-€0.1m▲ 14.9%€2.8m▲ 25×€2.8m▼ 1.0%€2.8m▼ 0.2%€2.9m▲ 5.0%€2.8m▼ 2.5%€2.8m▼ 1.9%
Working capital€0.007m-€0.01m▲ 46.3%-€1.8mbelow the sector's middle half-€1.8mbelow the sector's middle half▲ 2.4%-€1.8mbelow the sector's middle half▼ 3.0%-€1.8mbelow the sector's middle half▼ 1.8%-€2.0mbelow the sector's middle half▼ 7.1%-€2.0mbelow the sector's middle half▼ 3.8%
Solvency12.1%-11.3%▼ 0.8pp0.8%below the sector's middle half▼ 10.5pp1.1%below the sector's middle half▲ 0.3pp1.6%below the sector's middle half▲ 0.6pp2.2%below the sector's middle half▲ 0.5pp3.0%below the sector's middle half▲ 0.8pp3.0%below the sector's middle half=
Current ratio1.15-1.12▼ 0.020.04below the sector's middle half▼ 1.090.03below the sector's middle half▼ 0.010.03below the sector's middle half=0.11below the sector's middle half▲ 0.070.08below the sector's middle half▼ 0.030.05below the sector's middle half▼ 0.03
Return on assets (ROA)0.7%-0.7%=0.3%within the sector's middle half▼ 0.4pp0.2%below the sector's middle half▼ 0.1pp0.6%within the sector's middle half▲ 0.3pp0.6%within the sector's middle half▲ 0.1pp0.8%within the sector's middle half▲ 0.2pp-0.1%below the sector's middle half▼ 0.9pp
Staff (FTE)1.1within the sector's middle half2above the sector's middle half▲ 81.8%2.1above the sector's middle half▲ 5.0%2.2above the sector's middle half▲ 4.8%
above
within
below
the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.9m
Fixed assets
€2.8m ▲ 0.2%
Current assets
€110,672 ▼ 35.1%
Equity and liabilities €2.9m
Equity
€86,072 ▼ 2.1%
Debt
€2.8m ▼ 1.9%
Debt's share of the balance-sheet total stays at 97.0%.
Key figures and ratios
ROE
-2.2%▼
2024 · 26.6%
Debt ≤ 1 year
€2.2m▲
2024 · €2.1m
Debt > 1 year
€627,778▼
2024 · €694,445
Income taxes
€14,113▲
2024 · €12,665
Staff costs
€132,928▲
2024 · €120,765
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | €11,576 | - | - |
| Remuneration, social security and pensions62 | - | - | - | - | €66,857 | €126,953 | €120,765 | €132,928 | ▲ 10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23,042 | €23,042 | €12,959 | €2,536 | €1,353 | €756 | €1,825 | €3,268 | ▲ 79.1% |
| Other operating charges640/8 | - | - | - | €2,131 | €5,425 | €3,899 | €4,000 | €3,761 | ▼ 6.0% |
| Non-recurring operating charges66A | - | - | - | - | - | €376 | - | - | - |
| Gross operating margin9900 | €37,404 | €37,501 | €35,369 | €118,527 | €196,665 | €287,006 | €323,631 | €303,127 | ▼ 6.3% |
| Operating profit (loss)9901 | €8,975 | €9,825 | €18,275 | €113,860 | €123,031 | €155,022 | €197,041 | €163,169 | ▼ 17.2% |
| Financial income75/76B | - | - | - | €71 | €404 | €497 | €948 | €577 | ▼ 39.1% |
| Recurring financial income75 | €173 | €265 | €101 | €71 | €404 | €497 | €948 | €577 | ▼ 39.1% |
| Financial charges65/66B | - | - | - | €103,695 | €100,654 | €123,065 | €161,920 | €151,489 | ▼ 6.4% |
| Recurring financial charges65 | €2,715 | €3,078 | €2,535 | €103,695 | €100,654 | €123,065 | €161,920 | €151,489 | ▼ 6.4% |
| Profit (loss) for the period before taxes9903 | €6,433 | €7,012 | €15,841 | €10,235 | €22,782 | €32,454 | €36,069 | €12,257 | ▼ 66.0% |
| Income taxes67/77 | €5,627 | €6,144 | €6,962 | €3,375 | €7,145 | €13,920 | €12,665 | €14,113 | ▲ 11.4% |
| Profit (loss) for the period9904 | €806 | €868 | €8,878 | €6,860 | €15,637 | €18,534 | €23,404 | -€1,856 | - |
| Profit (loss) for the period to be appropriated9905 | €806 | €868 | €8,878 | €6,860 | €15,637 | €18,534 | €23,404 | -€1,856 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.1m | €0.1m | €2.8m | €2.8m | €2.8m | €3.0m | €2.9m | €2.9m | ▼ 1.9% |
| Fixed assets21/28 | €0.06m | €0.03m | €2.8m | €2.8m | €2.8m | €2.8m | €2.8m | €2.8m | ▲ 0.2% |
| Tangible fixed assets22/27 | €0.06m | €0.03m | €0.004m | €0.002m | €0.002m | €0.003m | €0.004m | €0.009m | ▲ 124% |
| Furniture and vehicles24 | - | - | - | €0.002m | €0.002m | €0.003m | €0.004m | €0.009m | ▲ 124% |
| Financial fixed assets28 | - | - | €2.8m | €2.8m | €2.8m | €2.8m | €2.8m | €2.8m | = |
| Current assets29/58 | €0.06m | €0.09m | €0.07m | €0.06m | €0.07m | €0.2m | €0.2m | €0.1m | ▼ 35.1% |
| Amounts receivable within one year40/41 | €0.05m | €0.09m | €0.06m | €0.04m | €0.06m | €0.2m | €0.1m | €0.08m | ▼ 37.3% |
| Trade receivables40 | - | - | - | €0.04m | €0.05m | €0.2m | €0.1m | €0.06m | ▼ 43.4% |
| Other amounts receivable41 | - | - | - | €0.002m | €0.008m | €0.01m | €0.01m | €0.01m | ▲ 28.5% |
| Cash at bank and in hand54/58 | €0.004m | €0.006m | €0.01m | €0.01m | €0.003m | €0.006m | €0.007m | €0.004m | ▼ 40.9% |
| Deferred charges and accrued income490/1 | - | - | - | €0.001m | €0.001m | €0.03m | €0.04m | €0.03m | ▼ 27.8% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.1m | €0.1m | €2.8m | €2.8m | €2.8m | €3.0m | €2.9m | €2.9m | ▼ 1.9% |
| Equity10/15 | €0.01m | €0.01m | €0.02m | €0.03m | €0.05m | €0.06m | €0.09m | €0.09m | ▼ 2.1% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.003m | €0.003m | €0.005m | €0.01m | €0.03m | €0.05m | €0.07m | €0.07m | ▼ 2.7% |
| Distributable reserves133 | - | - | - | €0.01m | €0.03m | €0.05m | €0.07m | €0.07m | ▼ 2.7% |
| Profit (loss) carried forward14 | -€0.008m | -€0.007m | - | - | - | - | - | - | - |
| Amounts payable17/49 | €0.1m | €0.1m | €2.8m | €2.8m | €2.8m | €2.9m | €2.8m | €2.8m | ▼ 1.9% |
| Amounts payable after more than one year17 | €0.05m | €0.03m | €0.9m | €0.9m | €0.8m | €0.8m | €0.7m | €0.6m | ▼ 9.6% |
| Financial debts170/4 | - | - | - | €0.9m | €0.8m | €0.8m | €0.7m | €0.6m | ▼ 9.6% |
| Amounts payable within one year42/48 | €0.05m | €0.08m | €1.9m | €1.8m | €1.9m | €2.1m | €2.1m | €2.2m | ▲ 0.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €0.07m | €0.07m | €0.07m | €0.07m | = |
| Financial debts43 | - | - | - | €0.07m | - | - | - | - | - |
| Other loans439 | - | - | - | €0.07m | - | - | - | - | - |
| Trade debts44 | €0.008m | €0.005m | €0.02m | €0.006m | €0.005m | €0.007m | €0.003m | €0.01m | ▲ 228% |
| Suppliers440/4 | - | - | - | €0.006m | €0.005m | €0.007m | €0.003m | €0.01m | ▲ 228% |
| Advances received on contracts in progress46 | - | - | - | €0.02m | - | - | €344 | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.05m | €0.07m | €0.1m | €0.09m | €0.1m | ▲ 13.5% |
| Taxes450/3 | - | - | - | €0.05m | €0.05m | €0.08m | €0.08m | €0.09m | ▲ 10.8% |
| Remuneration and social security454/9 | - | - | - | - | €0.02m | €0.02m | €0.01m | €0.01m | ▲ 33.0% |
| Other amounts payable47/48 | - | - | - | €1.7m | €1.7m | €1.9m | €2.0m | €2.0m | ▼ 0.2% |
| Accrued charges and deferred income492/3 | - | - | - | €0.07m | €0.07m | €0.09m | €0.001m | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.001m | €0.001m | €0.009m | €0.007m | €0.02m | €0.02m | €0.02m | -€0.002m | - |
| + Depreciation and write-downs630 | €0.02m | €0.02m | €0.01m | €0.003m | €0.001m | €0.001m | €0.002m | €0.003m | ▲ 79.1% |
| Operating cash flow (approximation) | €0.02m | €0.02m | €0.02m | €0.009m | €0.02m | €0.02m | €0.03m | €0.001m | ▼ 94.4% |
| Investment in fixed assets (approximation) | - | €0 | -€2.7m | €0 | -€0.002m | -€0.001m | -€0.003m | -€0.008m | ▼ 171% |
| Change in cash | - | €0.002m | €0.008m | -€0.005m | -€0.006m | €0.003m | €0.001m | -€0.003m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 18 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 30-09-2026 | 2026-00533299 |
| 31-12-2024 | abbreviated format | 30-07-2025 | 2025-00336719 |
| 31-12-2023 | abbreviated format | 19-08-2024 | 2024-00352526 |
| 31-12-2022 | abbreviated format | 17-08-2023 | 2023-00331954 |
| 31-12-2021 | abbreviated format | 26-08-2022 | 2022-20322747 |
| 31-12-2020 | abbreviated format | 25-08-2021 | 2021-52600383 |
| 31-12-2019 | abbreviated format | 18-08-2020 | 2020-42100189 |
| 31-12-2018 | abbreviated format | 27-09-2019 | 2019-66100077 |
| 31-12-2017 | abbreviated format | 31-08-2018 | 2018-54800363 |
| 31-12-2016 | abbreviated format | 28-07-2017 | 2017-36800014 |
Similar companies · same sector, comparable size
WAGIMMO
BE 0849.777.507
Antwerpen · equity €86,064
Devillé Consult
BE 0894.787.287
Halle · equity €86,090
WITE
BE 0663.850.776
Asse · equity €86,100
Madmat
BE 1015.688.087
Hooglede · equity €86,037
L & T HOLDING
BE 0537.910.530
Westerlo · equity €86,029
Of the 24,459 active companies whose main activity is activities of holding companies (NACE 64210), figures are known for 20,049. 12,160 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.