Financials
- Financial year
- 2025
- Total assets
- €10,000
- Loss
- -€2,139
- Solvency
- 78.6%
FRANCS BORAINS
ActiveSummary
The computed 12-month bankruptcy probability of FRANCS BORAINS is 2.3% (moderate). The 2025 annual accounts show equity of €7,861 and a net result of -€2,139. Its solvency ranks better than 87% of 2,829 sector peers (NACE 93, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Operation of sports facilities
NACE 93110Football clubs NACE 93121
1 site
Size
€10,000total assets 2025
- Equity
- €7,861
- Loss
- -€2,139
Turnover not published (micro format)
Structure
- David LasaracinaDirector
- Georges ChebibDirector
Auditor: BDO Réviseurs d'EntreprisesAccounts filed 136 days late
Why 54raises riskLatest accounts 137 days late; 1 of the last 3 lateLiquidity: current ratio 4.67Founded in 2024lowers riskSector: Sports, amusement and recreation activities (NACE 93)Show the evidence
Checked score
Score 2025
54
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 62% of its sector peers (NACE 93, micro)
Financial strength
Strong
Solvency
100
equity 78.6% of total assets
Liquidity
86
short-term debt 21.4%
Profitability
0
return on assets -21.4%
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
08-2025: 0.6%lowest value
09-2025: 0.6%● unchanged vs 08-2025lowest value
10-2025: 0.7%▲ +0.1 percentage points vs 09-2025
11-2025: 0.7%● unchanged vs 10-2025
12-2025: 0.8%▲ +0.1 percentage points vs 11-2025
01-2026: 0.8%● unchanged vs 12-2025
02-2026: 0.8%● unchanged vs 01-2026
03-2026: 0.9%▲ +0.1 percentage points vs 02-2026
04-2026: 0.9%● unchanged vs 03-2026
05-2026: 0.9%● unchanged vs 04-2026
06-2026: 1.0%▲ +0.1 percentage points vs 05-2026
07-2026: 2.2%▲ +1.2 percentage points vs 06-2026
08-2026: 2.2%● unchanged vs 07-2026
09-2026: 2.3%▲ +0.1 percentage points vs 08-2026
10-2026: 2.3%● unchanged vs 09-2026highest value
No publishable credit limit; credit only on tighter terms
Liquidity ample (current ratio 4.67, above the usual 1.5; short-term debt: 21.4% of total assets), and 21.4% of the assets are financed with debt and provisions.
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 93, micro): better than 92% on solvency, 86% on liquidity and 7% on profitability.
The bankruptcy probability was computed on 19-10-2026 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
Five signals.
lowers riskraises risk
raises risk · Filed more than 90 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 16-06-2026, 136 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 1 filingDeviation from the deadline
2025
136 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
- Capital & shares · Amendment of…Auditor report · Share issue…
- Annual accounts filedfinancial year 2025 · micro…
- Appointments: Georges Chebib (director) and David…Gazette deed
Key points
By topic
Board & ownership
- Board
- 2 members
- Auditor
- BDO Réviseurs d'Entreprises
- David LasaracinaDirector
- Georges ChebibDirector
Network & group
- Connected companies
- 10
Timeline
- Events
- 7
- Since
- 2024
- 30-01-2026Appointment: BDO Réviseurs d'Entreprises (statutory auditor)
- 22-01-2026Capital & shares · Amendment of the…
- 25-10-2024Miscellaneous
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Operation of sports facilitiesNACE 93110
- Founded
- 22-07-2024
- Year ends
- 30-06
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 13
- Annual meeting
- Third Monday of November at 16:00
- Purpose
- “De promouvoir et d’encourager la pratique du football sous toutes ses formes, dans le…” (deed in French)
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