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
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
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.