FRANCOM
ActiveSummary
FRANCOM has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€107,516) and a net result of €10,494. Equity is growing by about 7.8% per year across the filed financial years. Its solvency ranks better than 5% of 8,547 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
- Equity
- -€107,516
- Profit
- €10,494
Why 56raises riskCapped at 59: negative equityNegative equity -€107,516lowers riskLiquidity: current ratio 2.14, cash €28,759Size: total assets €46,756Founded in 2007Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 73, micro): better than 5% on solvency, 79% on liquidity, 74% on profitability and 59% on growth.
The bankruptcy probability was computed on 27-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 49 days before the deadline; the sector median (NACE 73) for financial year 2024 is 6 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Liquidity more than doubledcurrent ratio 2.14
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result recovers in 2025; 2025 is over 12 times 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 73, Advertising, market research and public relations activities: 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).
Peer companies
Historical observationOf the 3,632 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 91.9% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a profit of 5% of the balance sheet or more
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,632 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €443 | €443 | €1,523 | €15,517 | €15,533 | €15,132 | €14,631 | ▼ 3.3% |
| Other operating charges640/8 | - | - | - | €3,678 | €1,299 | €1,196 | €2,284 | ▲ 90.9% |
| Gross operating margin9900 | €982 | €34,218 | €35,579 | €23,179 | €17,909 | €17,229 | €28,053 | ▲ 62.8% |
| Operating profit (loss)9901 | -€53,695 | €32,593 | €32,990 | €3,984 | €1,078 | €901 | €11,139 | ▲ 12× |
| Financial income75/76B | - | - | - | €0 | €0 | €0 | - | - |
| Recurring financial income75 | - | - | €0 | €0 | €0 | €0 | - | - |
| Financial charges65/66B | - | - | - | €403 | €405 | €418 | €436 | ▲ 4.5% |
| Recurring financial charges65 | €300 | €329 | €343 | €403 | €405 | €418 | €436 | ▲ 4.5% |
| Profit (loss) for the period before taxes9903 | -€53,995 | €32,264 | €32,647 | €3,581 | €674 | €483 | €10,702 | ▲ 22× |
| Income taxes67/77 | €536 | -€2 | €1,063 | - | €754 | €220 | €208 | ▼ 5.2% |
| Profit (loss) for the period9904 | -€54,531 | €32,266 | €31,585 | €3,581 | -€80 | €263 | €10,494 | ▲ 40× |
| Profit (loss) for the period to be appropriated9905 | -€54,531 | €32,266 | €31,585 | €3,581 | -€80 | €263 | €10,494 | ▲ 40× |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €22,237 | €58,588 | €113,867 | €84,082 | €65,017 | €55,388 | €46,756 | ▼ 15.6% |
| Fixed assets21/28 | €936 | €493 | €74,459 | €59,187 | €43,655 | €28,522 | €16,173 | ▼ 43.3% |
| Tangible fixed assets22/27 | €886 | €443 | €74,459 | €59,187 | €43,655 | €28,522 | €16,173 | ▼ 43.3% |
| Plant, machinery and equipment23 | - | - | - | €1,315 | €98 | €16 | €2,260 | ▲ 144× |
| Furniture and vehicles24 | - | - | - | €57,872 | €43,557 | €28,506 | €13,913 | ▼ 51.2% |
| Financial fixed assets28 | €50 | €50 | - | - | - | - | - | - |
| Current assets29/58 | €21,301 | €58,095 | €39,408 | €24,895 | €21,362 | €26,866 | €30,583 | ▲ 13.8% |
| Amounts receivable within one year40/41 | €2,310 | - | €3,428 | €6,119 | €2,691 | €15,310 | €0 | ▼ 100% |
| Trade receivables40 | - | - | - | €6,119 | €2,691 | €15,310 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €16,909 | €57,419 | €34,789 | €17,050 | €17,328 | €10,114 | €28,759 | ▲ 184% |
| Deferred charges and accrued income490/1 | - | - | - | €1,727 | €1,343 | €1,442 | €1,823 | ▲ 26.4% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €22,237 | €58,588 | €113,867 | €84,082 | €65,017 | €55,388 | €46,756 | ▼ 15.6% |
| Equity10/15 | -€185,624 | -€153,359 | -€121,774 | -€118,193 | -€118,274 | -€118,010 | -€107,516 | ▲ 8.9% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €0 | ▼ 100% |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €0 | ▼ 100% |
| Distributable reserves133 | - | - | - | - | - | - | €1,860 | - |
| Profit (loss) carried forward14 | -€206,084 | -€173,819 | -€142,234 | -€138,653 | -€138,734 | -€138,470 | -€127,976 | ▲ 7.6% |
| Amounts payable17/49 | €207,862 | €211,947 | €235,640 | €202,275 | €183,291 | €173,399 | €154,273 | ▼ 11.0% |
| Amounts payable after more than one year17 | €180,000 | €180,000 | €180,000 | €140,000 | €140,000 | €140,000 | €140,000 | = |
| Financial debts170/4 | - | - | - | €140,000 | €140,000 | €140,000 | €140,000 | = |
| Amounts payable within one year42/48 | €27,062 | €31,105 | €54,667 | €58,644 | €42,999 | €33,399 | €14,273 | ▼ 57.3% |
| Trade debts44 | €133 | €687 | - | €7,396 | €1,529 | €890 | €266 | ▼ 70.1% |
| Suppliers440/4 | - | - | - | €7,396 | €1,529 | €890 | €266 | ▼ 70.1% |
| Taxes, remuneration and social security45 | - | - | - | €964 | €3,362 | €2,545 | €4,918 | ▲ 93.3% |
| Taxes450/3 | - | - | - | €964 | €3,362 | €2,545 | €4,918 | ▲ 93.3% |
| Other amounts payable47/48 | - | - | - | €50,283 | €38,108 | €29,964 | €9,089 | ▼ 69.7% |
| Accrued charges and deferred income492/3 | - | - | - | €3,631 | €292 | €0 | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€54,531 | €32,266 | €31,585 | €3,581 | -€80 | €263 | €10,494 | ▲ 40× |
| + Depreciation and write-downs630 | €443 | €443 | €1,523 | €15,517 | €15,533 | €15,132 | €14,631 | ▼ 3.3% |
| Operating cash flow (approximation) | -€54,088 | €32,709 | €33,108 | €19,097 | €15,452 | €15,396 | €25,125 | ▲ 63.2% |
| Investment in fixed assets (approximation) | - | €0 | -€75,489 | -€245 | €0 | €0 | -€2,282 | - |
| Change in cash | - | €40,509 | -€22,630 | -€17,739 | €279 | -€7,215 | €18,646 | - |
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 17 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | micro format | 20-10-2025 | 2025-00545823 |
| 30-06-2024 | micro format | 27-09-2024 | 2024-00475644 |
| 30-06-2023 | micro format | 29-01-2024 | 2024-00009965 |
| 30-06-2022 | micro format | 20-02-2023 | 2023-00029861 |
| 30-06-2021 | micro format | 31-12-2021 | 2021-82300244 |
| 30-06-2020 | micro format | 08-12-2020 | 2020-74900551 |
| 30-06-2019 | micro format | 16-12-2019 | 2019-76300088 |
| 30-06-2018 | micro format | 05-12-2018 | 2018-73700104 |
| 30-06-2017 | micro format | 12-12-2017 | 2017-72000213 |
| 30-06-2016 | full format | 10-01-2017 | 2017-00800553 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| FRANÇOIS Olivier |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
14-02
Gazette deed
Resignation: FRANÇOIS Olivier (manager)Reappointment: FRANÇOIS Olivier (sole director) · Amendment of the articles · Capital conversion7 facts ▸
- General meeting, 08-11-2023
- Amendment of the articles (2 times)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Reserve release, “suppression du compte de capitaux propres statutairement indisponible, rendre ces fonds disponibles pour distribution” (deed in French)
- Director resignation, FRANÇOIS Olivier (manager)
- Director reappointment, FRANÇOIS Olivier (sole director)
- Power of attorney
06-03
Gazette deed
Registered officeRegistered-office move2 facts ▸
- General meeting, 09-02-2023
- Registered-office move, Avenue du Parc, 33 à 1310 La Hulpe
Show earlier events
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25050F0011/00Z006 | Wallonia | 2,193 m² | 1 · 322 m² | 7.7 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Toute activité qui couvre le secteur de la consultance,en Belgique ou à l'étranger,pour compte propre ou pour le compte d’autrui,par et avec…” (deed in French)
8 activities (deed in French)
- Toute activité qui couvre le secteur de la consultance,en Belgique ou à l'étranger,pour compte propre ou pour le compte d’autrui,par et avec autrui,toute contribution à l'établissement et au développement d'entreprises et en particulier de dispenser des avis financiers,techniques,commerciaux ou administratifs dans le sens le plus large du terme,à l'exception des conseils de placement d'argent et autres,fournir des conseils,son assistance et exécuter des services directement ou indirectement sur le plan de l'administration et des finances,de la vente,de la production,des techniques d’organisation et de distributions commerciales et plus généralement de la gestion en général et de l’exercice de toutes activités de services et de management au sens le plus large de ces termes à toutes personnes physiques ou morales quelconques;exécuter tous mandats sous forme d'études d'organisation,d'expertises,d'actes et de conseils techniques ou autres dans tout domaine rentrant dans son objet
- Toute contribution à l'établissement et au développement d'entreprises et en particulier de dispenser des avis techniques,commerciaux ou administratifs dans le sens le plus large du terme,à l'exception des conseils de placement d'argent et autres,fournir des conseils,son assistance et exécuter des services directement ou indirectement sur le plan de l'administration et des finances,de la vente,de la production,des techniques d’organisation et de distributions commerciales et plus généralement de la gestion en général et de l’exercice de toutes activités de services et de management au sens le plus large de ces termes à toutes personnes physiques ou morales quelconques;exécuter tous mandats sous forme d'études d'organisation,d'expertises,d'actes et de conseils techniques ou autres dans tout domaine rentrant dans son objet
- Toutes opérations immobilières et toutes études ayant trait à tous biens et/ou à tous droits immobiliers,par nature,par incorporation ou par destination,et aux biens et/ou à tous droits mobiliers qui en découlent,ainsi que toutes opérations civiles,commerciales,industrielles ou financières,qui s'y rapportent directement ou indirectement,comme,à titre d'exemple,l'achat,la mise en valeur,le lotissement,l'échange,l'amélioration,la location meublée ou non,la vente,la cession,la gestion,la transformation,la construction et la destruction de biens immobiliers et mobiliers
- L'organisation,l'administration et le conseil de société ou entreprises dans les domaines ayant trait à leur gestion générale,publicitaire,technique et le marketing;exercer la mission de manager de sociétés et entreprise au sens le plus large(organisation financière et administrative);donner des conseils et services économiques;le recrutement de personnel et l'organisation adéquate du personnel dans les sociétés;les modes de réalisation et de gestion des ressources humaines;la gestion journalière d'entreprises;l'analyse des marchés;l'organisation et la réorganisation de société/entreprise
- Toutes études de marketing,expertises et conseils en matière de licence des produits,des acquisitions de sociétés,d'organisation,de personnel,de relations publiques et de toutes opérations s'y rapportant;la fourniture de toutes études et expertises et conseil en matière d'investissement
- Le placement et la pose de tout article de décoration intérieure,ainsi que l’étude,l’élaboration de projets et de devis et toutes activités de conseil et de service dans le domaine de la décoration intérieure et extérieure,dans le sens le plus large du terme
- Le commerce sous toutes ses formes et notamment l'importation,l'exportation,l'achat et la vente en gros ou au détail,la représentation et le courtage,ainsi que la fabrication,la transformation et le transport de toutes marchandises et de tous produits
- Toutes activités d’exploitation agricole ou forestière,d’aménagement,d’implantation,d’entretien,de création d’espaces verts,plans d’eau et de terrasses au sens large en rapport avec le jardinage et la création d’espaces verts,au sens le plus large des termes
- Name clauseThe name the company operates under according to its articles.
- FRANCOM
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, peuvent être créés,en Belgique ou à l’étranger,par décision de l’organe d’administration” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “ADMINISTRATION DE LA SOCIETE La société est administrée par un ou plusieurs administrateurs, actionnaire ou non, constituant un collège ou…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Déterminée ou indéterminée, nommés dans les statuts ou par assemblée générale” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Monday of December at 18:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “À défaut liquidation par administrateurs en exercice ou à défaut par un ou plusieurs liquidateurs nommés par assemblée générale qui…” (deed in French)