Equity
-€479,234
Debts exceed assets in financial year 2025.
Frank
Lifetime
3 annual accounts with figures on one time axispeak -€44,240 (2024)
-€53,945▼ €9,705
lowest -€199,076 (2023)
-€149,299▼ €17,438
peak -€198,076 (2023)
-€479,234▼ €149,299
€3.1m▲ 17.3%
peak 0 FTE (2024)
-not published
Board2 names since 2023
2 directors and 1 other
Documentsfilings and deeds
30-09-202661 days late
2025abbreviated format
Gross margin from -€44,240 to -€53,945Loss of €149,299Equity from -€329,936 to -€479,234Debts from €2.7m to €3.1m
Key points
from the 2025 annual accountsLosses
-€480,234 in three years
Every financial year from 2023 to 2025 closed with a loss. 2023 was the heaviest.
Debts
€3.1m 118% of the balance sheet
Filings
3 annual accounts 61 days
Latest accounts filed late: after the legal deadline.
Starting capital
€1,000 1,000 shares
At the same address
85 companies
Turnover not published (abbreviated format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,252 companies had the same profile as Frank has now. Each dot stands for 4 companies, two years later.
96.5%
were still trading
2.2%
stopped another way
1.0%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,252 companies, not a prediction for Frank. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director, since 10-01-2023
Director, since 10-01-2023
- founderdeed of 12-01-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0795963489
Environmental permit granted
Bouwen of herbouwen, Slopen van niet vrijstaande gebouwen of constructies · Provincie Antwerpen
Incorporation
Founding capital of €1,000, 1,000 shares · Founder: · Appointments: (director) and (director) · published on 12-01-2023 · Gazette deed
First establishment
Kapelsesteenweg 292, Brasschaat
Official details
Source: KBO- Status
- Active since 10-01-2023Normal situation
- Registered office
- 86 active companies are registered at this addressSource: KBO register, as of 13 November 2026.
- Activity
- “Projectontwikkeling” (deed in Dutch)From the articles, 7 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.340.037.3042930 Brasschaat, since 10-01-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 02-02-2026
Insights on Frank
Frank files the abbreviated format. That format states no turnover. The gross margin rose from -€97,044 in 2023 to -€53,945 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Frank
- What is the company number of Frank?
- The company number of Frank is 0795.963.489. The VAT number is the same number with BE in front: BE 0795.963.489.
- Where is Frank based?
- The registered office is at Kapelsesteenweg 292, 2930 Brasschaat.Company details
- What is the legal form of Frank?
- Frank is a private limited company (BV).
- When was Frank founded?
- Frank was founded on 10-01-2023.
- Is Frank still active?
- Yes, Frank is an active enterprise in the KBO register.
- What is the turnover of Frank?
- The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.Financials
- Is Frank profitable?
- In financial year 2025, Frank made a loss of €149,299.
- Where can I find the annual accounts of Frank?
- Frank filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Frank due?
- Frank must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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