FRANICAM
ActiveFRANICAM has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-707k) and a net result of €-271k. Equity is shrinking by ~44% per year across the filed fiscal years. Its solvency ranks better than 8% of 10230 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
15
/ 100
Critical▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency35▲+1
Growth32=
Stability100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.58 against 0.55 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
-32.8%
Return on assets
-12.6%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€707k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
18 d late
2023
2 d early
2022
3 d late
2021
30 d late
2020
88 d late
2019
97 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-271k▲ 16.5%
2024 · €-324k
2018: €-17k
2019: €276k
2020: €-196k
2021: €-173k
2022: €-470k
2023: €-206k
2024: €-324k
2018 → 2025
Working capital
€-553k▲ 15.5%
2024 · €-655k
2018: €-114k
2019: €78k
2020: €-174k
2021: €-462k
2022: €-1.00M
2023: €-1.09M
2024: €-655k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€565k-€95k▼ 83.3%€-111k€-436k▼ 292%€-707k▼ 62.2%
Operating result€-114k-€-417k▼ 266%€-149k▲ 64.2%€-259k▼ 73.8%€-209k▲ 19.3%
Net result€-173k-€-470k▼ 172%€-206k▲ 56.2%€-324k▼ 57.7%€-271k▲ 16.5%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €209k in 2025 against €259k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.15M
Fixed assets
€1.39M▼ 7.6%
Current assets
€765k▼ 3.7%
Key figures and ratios
EBITDA
€-73k▲
2024 · €-130k
Cash flow
€-135k▲
2024 · €-195k
Solvency
-32.8%▼
2024 · -19.0%
Current ratio
0.58▲
2024 · 0.55
Quick ratio
0.03▲
2024 · 0.01
Debt / equity
-4.05▲
2024 · -6.27
ROE
38.3%▼
2024 · 74.5%
ROA
-12.6%▲
2024 · -14.1%
Interest coverage
-1.08▲
2024 · -1.65
Debt
€2.86M▲
2024 · €2.73M
Debt ≤ 1 year
€1.32M▼
2024 · €1.45M
Debt > 1 year
€1.54M▲
2024 · €1.28M
Income taxes
€131▼
2024 · €265
Staff costs
€443k▼
2024 · €447k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.30M€2.15M▼
Fixed assets21/28€1.50M€1.39M▼
Intangible fixed assets21€75k€50k▼
Tangible fixed assets22/27€1.43M€1.34M▼
Land and buildings22€1.22M€1.15M▼
Plant, machinery and equipment23€140k€139k▼
Furniture and vehicles24€67k€47k▼
Financial fixed assets28€286€286=
Current assets29/58€795k€765k▼
Stocks and contracts in progress3€784k€729k▼
Stocks30/36€784k€729k▼
Amounts receivable within one year40/41€5k€3k▼
Trade receivables40€5k€1k▼
Other amounts receivable41€1€2k▲
Cash at bank and in hand54/58€5k€26k▲
Deferred charges and accrued income490/1€435€7k▲
Equity and liabilities
Total equity and liabilities10/49€2.30M€2.15M▼
Equity10/15€-436k€-707k▼
Contributions10/11€185k€185k=
Revaluation surpluses12€621k€621k=
Reserves13€7k€7k=
Non-distributable reserves130/1€7k€7k=
Reserves not available under the articles1311€7k€7k=
Profit (loss) carried forward14€-1.25M€-1.52M▼
Amounts payable17/49€2.73M€2.86M▲
Amounts payable after more than one year17€1.28M€1.54M▲
Financial debts170/4€176k€120k▼
Other amounts payable178/9€1.11M€1.42M▲
Amounts payable within one year42/48€1.45M€1.32M▼
Current portion of amounts payable after more than one year42€479k€776k▲
Financial debts43€500k€100k▼
Credit institutions430/8€500k€100k▼
Trade debts44€47k€7k▼
Suppliers440/4€47k€7k▼
Advances received on contracts in progress46€8k€12k▲
Taxes, remuneration and social security45€54k€73k▲
Taxes450/3€16k€25k▲
Remuneration and social security454/9€39k€48k▲
Other amounts payable47/48€362k€350k▼
Accrued charges and deferred income492/3€930€237▼
Income statement
Code20242025
Non-recurring operating income76A-€2k
Remuneration, social security and pensions62€447k€443k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€130k€136k▲
Other operating charges640/8€46k€48k▲
Gross operating margin9900€363k€418k▲
Operating profit (loss)9901€-259k€-209k▲
Financial income75/76B€14k€6k▼
Recurring financial income75€14k€6k▼
Financial charges65/66B€79k€68k▼
Recurring financial charges65€79k€68k▼
Profit (loss) for the period before taxes9903€-324k€-271k▲
Income taxes67/77€265€131▼
Profit (loss) for the period9904€-324k€-271k▲
Profit (loss) for the period to be appropriated9905€-324k€-271k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1.25M€-1.52M▼
Profit (loss) brought forward from the previous period14P€-924k€-1.25M▼
Social balance
Average headcount (FTE)90879.79.2▼
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 18 days late
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
03-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 3 days late
2022
31-12
Financial
Weakest financial yearnet €-470k
Net result drops to €-470k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 30 days late
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 88 days late
2020
05-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 97 days late
2019
31-12
Financial
Back to profitnet €276k
Net result €276k after one loss-making year.
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2023
AKSIL Nadia
CurrentDirector · since 06-12-2023
DETANDT François
CurrentDirector · since 06-12-2023
06-12-2023
AKSIL Nadia: Appointed as Director
06-12-2023
DETANDT François: Appointed as Director
Location & real-estate footprint
Registered office, Sambreville · 2 establishment units since 2008
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Bois Sainte Marie(AUV) 1865060 SambrevilleGround area
6,261 m²
Building footprint
2,030 m²
Volume, LiDAR
1,822 m³
2 parcels, Wallonia · tallest building 8.4 m, ±1 floor. Linked by address, not a title deed.
2 establishment units
SPRL FRANICAM
since 20082.171.391.817
La folie du bébé
since 20212.338.224.392
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92007A0519/00V014 | Wallonia | 4,859 m² | 1 · 1,592 m² | - |
| 25764Q0346/00A000 | Wallonia | 1,402 m² | 1 · 438 m² | 8.4 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Boutique La Marionnette
BE 0807.438.292
Welkenraedt · Eq €95k
Idéal Baby
BE 0436.764.175
Waimes · Eq €95k
GLAMOUROOS
BE 0783.514.134
Diksmuide · Eq €96k
Adaro
BE 0679.688.205
Sint-Truiden · Eq €93k
COSYBABY
BE 0503.889.363
Westerlo · Eq €90k
Of 281 companies in sector 47554 we hold annual accounts for 90. 67 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-06-2008
Fiscal year end31-12
Activities, NACEBEL
47554Retail trade
47740Retail trade
47741Retail sale of medical and orthopaedic goods, excluding prescription glasses and lenses
47551Retail sale of household furniture
47591Retail trade
47640Retail sale of games and toys
47650Retail trade
47713Retail trade
47750Retail sale of cosmetics and toilet articles
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.