FRANE
ActiveSummary
FRANE has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €19k and a net result of €8k. Its solvency ranks better than 49% of 37953 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability99▼-1
Solvency82▲+8
Growth52
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 2.18 against 1.89 in 2023; short-term debt: 43.2% and cash: 48.1% of total assets), and 43.2% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
56.8%
Return on assets
24.1%
Age of the figures
21 mo
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 13-06-2025, 48 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
48 d early
2023
57 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€19k▲ 73.9%
2023 · €11k
Total assets
€34k▲ 50.7%
2023 · €22k
Net result
€8k▼ 9.7%
2023 · €9k
Working capital
€17k▲ 71.0%
2023 · €10k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20232024
Operating result€13k-€12k▼ 7.7%
Net result€9k-€8k▼ 9.7%
Equity€11k-€19k▲ 73.9%
Total assets€22k-€34k▲ 50.7%
Debt€11k-€15k▲ 28.2%
Working capital€10k-€17k▲ 71.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 8% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €33k
Fixed assets
€1k
Current assets
€32k
Equity and liabilities €34k
Equity
€19k ▲ 73.9%
Debt
€15k ▲ 28.2%
Debt's share of the balance-sheet total falls from 50.8% to 43.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€12k▼
2023 · €14k
Cash flow
€8k▼
2023 · €9k
Current ratio
2.18▲
2023 · 1.89
Debt to equity
0.76▼
2023 · 1.03
ROE
42.5%▼
2023 · 81.8%
ROA
24.1%▼
2023 · 40.3%
Interest coverage
107.15▼
2023 · 141.37
Debt ≤ 1 year
€15k▲
2023 · €11k
Income taxes
€4k▼
2023 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €231 | €233 | ▲ 0.5% |
| Other operating charges640/8 | €384 | €387 | ▲ 0.8% |
| Gross operating margin9900 | €14k | €13k | ▼ 7.4% |
| Operating profit (loss)9901 | €13k | €12k | ▼ 7.7% |
| Financial income75/76B | - | €1 | - |
| Recurring financial income75 | - | €1 | - |
| Financial charges65/66B | €96 | €117 | ▲ 21.9% |
| Recurring financial charges65 | €96 | €117 | ▲ 21.9% |
| Profit (loss) for the period before taxes9903 | €13k | €12k | ▼ 7.9% |
| Income taxes67/77 | €4k | €4k | ▼ 4.2% |
| Profit (loss) for the period9904 | €9k | €8k | ▼ 9.7% |
| Profit (loss) for the period to be appropriated9905 | €9k | €8k | ▼ 9.7% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €22k | €34k | ▲ 50.7% |
| Formation expenses20 | €926 | €694 | ▼ 25.0% |
| Fixed assets21/28 | - | €1k | - |
| Tangible fixed assets22/27 | - | €1k | - |
| Plant, machinery and equipment23 | - | €1k | - |
| Current assets29/58 | €21k | €32k | ▲ 48.3% |
| Amounts receivable within one year40/41 | €18k | €16k | ▼ 11.7% |
| Trade receivables40 | €10k | €8k | ▼ 21.0% |
| Other amounts receivable41 | €8k | €8k | = |
| Cash at bank and in hand54/58 | €4k | €16k | ▲ 328% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €22k | €34k | ▲ 50.7% |
| Equity10/15 | €11k | €19k | ▲ 73.9% |
| Contributions10/11 | €2k | €2k | = |
| Reserves13 | €9k | €17k | ▲ 90.9% |
| Distributable reserves133 | €9k | €17k | ▲ 90.9% |
| Profit (loss) carried forward14 | €198 | €324 | ▲ 63.6% |
| Amounts payable17/49 | €11k | €15k | ▲ 28.2% |
| Amounts payable within one year42/48 | €11k | €15k | ▲ 28.2% |
| Trade debts44 | €2k | €2k | ▲ 40.8% |
| Suppliers440/4 | €2k | €2k | ▲ 40.8% |
| Taxes, remuneration and social security45 | €10k | €12k | ▲ 26.2% |
| Taxes450/3 | €7k | €10k | ▲ 35.9% |
| Remuneration and social security454/9 | €3k | €3k | ▲ 1.6% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €9k | €8k | ▼ 9.7% |
| + Depreciation and write-downs630 | €231 | €233 | ▲ 0.5% |
| Operating cash flow (approximation) | €9k | €8k | ▼ 9.4% |
| Change in cash | - | €12k | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
13-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Oupeye · 1 establishment unit since 2023
Ground area
1,544 m²
Building footprint
359 m²
Volume, LiDAR
2,338 m³
Parcel 62048B2028/00D000, Wallonia · tallest building 12.0 m, ±2 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
FRANE
since 20232.340.593.766
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62048B2028/00D000 | Wallonia | 1,544 m² | 1 · 359 m² | 12.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,632 companies in sector 70200 we hold annual accounts for 52,587. 30,121 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded30-12-2022
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.