FRANEL
ActiveSummary
FRANEL has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€482,529) and a net result of €76,571. Equity is shrinking by about 4.3% per year across the filed financial years. Its solvency ranks better than 9% of 13,642 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Articles of association
- Who signsWho may bind the company towards others, for example by signing a contract.
- Two directors jointly, or a managing director alone
- Other provisionsOther rules from the articles that fall under none of the themes above.
- Other provision: “Afzonderlijk optredend, dagelijks bestuur” (deed in Dutch)
Read from the deeds: 2 provisions, deed of 04-09-2023