FRANCO TRANS
ActiveFRANCO TRANS has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €94k and a net result of €14k. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 90% of 6717 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
74
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability84▲+8
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 5.67 against 4.59 in 2023; short-term debt: 15% and cash: 4.6% of total assets), and 15% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €94k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
35 d early
2022
32 d early
2021
35 d early
2020
35 d early
2019
26 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€94k▲ 11.1%
2023 · €85k
2018: €109k
2019: €103k
2020: €73k
2021: €79k
2022: €85k
2023: €85k
2018 → 2024
Total assets
€111k▲ 6.4%
2023 · €104k
2018: €222k
2019: €270k
2020: €182k
2021: €155k
2022: €104k
2023: €104k
2018 → 2024
Net result
€14k▲ 137%
2023 · €6k
2018: €5k
2019: €4k
2020: €-14k
2021: €6k
2022: €11k
2023: €6k
2018 → 2024
Working capital
€78k▲ 11.6%
2023 · €70k
2018: €47k
2019: €65k
2020: €38k
2021: €53k
2022: €71k
2023: €70k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€73k-€79k▲ 8.0%€85k▲ 8.0%€85k▼ 0.1%€94k▲ 11.1%
Operating result€-13k-€9k€15k▲ 66.8%€6k▼ 57.6%€18k▲ 190%
Net result€-14k-€6k€11k▲ 93.4%€6k▼ 48.0%€14k▲ 137%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 190% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €111k
Fixed assets
€16k▲ 9.1%
Current assets
€95k▲ 5.9%
Equity and liabilities €111k
Equity
€94k▲ 11.1%
Debt
€17k▼ 14.3%
The debt ratio falls from 18.7% to 15.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€19k▲
2023 · €8k
Cash flow
€15k▲
2023 · €8k
Solvency
85.0%▲
2023 · 81.3%
Current ratio
5.67▲
2023 · 4.59
Quick ratio
5.67▲
2023 · 4.59
Debt / equity
0.18▼
2023 · 0.23
ROE
14.8%▲
2023 · 6.9%
ROA
12.6%▲
2023 · 5.6%
Interest coverage
69.47▲
2023 · 12.47
Debt
€17k▼
2023 · €19k
Debt ≤ 1 year
€17k▼
2023 · €19k
Income taxes
€6k▲
2023 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€104k€111k▲
Fixed assets21/28€15k€16k▲
Tangible fixed assets22/27€6k€7k▲
Plant, machinery and equipment23€3k€4k▲
Other tangible fixed assets26€3k€3k▼
Financial fixed assets28€9k€9k=
Current assets29/58€89k€95k▲
Amounts receivable after more than one year29€65k€78k▲
Other amounts receivable291€65k€78k▲
Amounts receivable within one year40/41€2k€10k▲
Trade receivables40€2k€9k▲
Other amounts receivable41€6€1k▲
Cash at bank and in hand54/58€21k€5k▼
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€104k€111k▲
Equity10/15€85k€94k▲
Contributions10/11€19k€19k=
Reserves13€65k€75k▲
Tax-exempt reserves132€19k€19k=
Distributable reserves133€46k€56k▲
Profit (loss) carried forward14€1k€1k▲
Amounts payable17/49€19k€17k▼
Amounts payable within one year42/48€19k€17k▼
Financial debts43€9k€9k=
Credit institutions430/8€9k€9k=
Trade debts44€153€1k▲
Suppliers440/4€153€1k▲
Taxes, remuneration and social security45€4k€1k▼
Taxes450/3€4k€1k▼
Other amounts payable47/48€6k€5k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€9k€21k▲
Operating profit (loss)9901€6k€18k▲
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€641€279▼
Recurring financial charges65€641€279▼
Profit (loss) for the period before taxes9903€7k€20k▲
Income taxes67/77€1k€6k▲
Profit (loss) for the period9904€6k€14k▲
Profit (loss) for the period to be appropriated9905€6k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€7k€15k▲
Profit (loss) brought forward from the previous period14P€670€1k▲
Transfer from equity791/2€6k€5k▼
Transfer to equity691/2€6k€14k▲
To other reserves6921€6k€14k▲
Profit to be distributed694/7€6k€5k▼
Return on contributions (dividend)694€6k€5k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €14k ▲137%
Operating result €18k, net result €14k, both a record.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 4.71
Current ratio from 2.33 to 4.71; short-term debt falls from €40k to €19k.
26-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
26-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-14k ▼428%
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
05-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 13 days late
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
16-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Brugge · 1 establishment unit since 2003
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.
Boeveriestraat 788000 BruggeGround area
84 m²
Building footprint
48 m²
Volume, LiDAR
337 m³
Parcel 31804D1757/00C000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FRANCO TRANS
since 20032.114.773.610
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31804D1757/00C000 | Flanders | 84 m² | 1 · 48 m² | 8.5 m · 2 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 12,606 companies in sector 49410 we hold annual accounts for 8,199. 6,328 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-11-2002
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:francotrans@skynet.be