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FRANK AFSCHRIFT

Active
Private limited companyfounded 1999active for 27 yearsBeentjesstraat 32, 9850 Deinze, BelgiumKBO/BCE: BE 0466.508.632
Summary

FRANK AFSCHRIFT has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €879,381 and a net result of €111,765. Equity has been growing by about 13% per year since 2019. Its solvency ranks better than 55% of 9,850 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 22-07-1999 Normal situation
Activity
Wholesale trade NACE 46610
Joint committee
149.04 Paritair Subcomité voor de metaalhandel · annual accounts 30-06-2024
Establishment unit
2.091.944.560 9850 Deinze, since 17-08-1999
Financial year end
30 June
Peppol
Reachable since 23-12-2025

Board and ownership

Board

Financial position

92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts to 30-06-2025
Gross margin
€376,101
▲ 23.7%
Turnover
≈ €1.9m
estimated
Profit
€111,765
▲ 47.7%
Equity
€879,381
▲ 14.6%
Total assets
€1.8m
▲ 6.9%
Employees on 30-06-2025
2
=
  • 2025 accounts filed 25 days after the deadline
Score breakdownlowers riskFounded in 1999Size: 2 FTE, total assets €1.8mEquity €879,381 (48.1% of total assets)Figures for financial year 2025 (filed on 27-02-2026)Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 56% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency 73+3
equity 48.1% of total assets
Liquidity 33-2
short-term debt 46.8% · cash 5.0%
Profitability 76+2
return on assets 6.1%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,896 companies, NACE 46, micro)
Last 24 months 12-2024: 0.1%lowest value 01-2025: 0.2%▲ +0.1 percentage points vs 12-2024 02-2025: 0.4%▲ +0.2 percentage points vs 01-2025 03-2025: 0.1%▼ -0.3 percentage points vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.2%▲ +0.1 percentage points vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.3%▲ +0.1 percentage points vs 12-2025 02-2026: 0.5%▲ +0.2 percentage points vs 01-2026highest value 03-2026: 0.1%▼ -0.4 percentage points vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €80,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.91 (1.86 in 2024), above the usual 1.5. Short-term debt is 46.8% and cash 5% of total assets. However, 51.9% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 56% of them on solvency, 31% on liquidity, 66% on profitability and 70% on growth.

The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskneutral
lowers risk · Founded in 1999
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: 2 FTE, total assets €1.8m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €879,381 (48.1% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 27-02-2026)
NBB · annual accounts
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 25-02-2026, 25 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
25 days late
2024
on the day
2023
2 days early
2022
1 day early
2021
on the day
2020
25 days late
2019
7 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 6 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 31 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end04-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 7 profitable years in a rowprofit 2025: €111,765 7 years View

Recent changes

  1. · Gazette deed Changes of role: AFSCHRIFT Frank (director) and AFSCHRIFT Tim (director)
  2. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as FRANK AFSCHRIFT: wholesale trade (NACE 46610). They are comparable in size and age: total assets between €1.3m and €2.8m, founded between 1989 and 2000.

CompanyTotal assetsGross margin
FRANK AFSCHRIFT Deinze€1.8m€0.4m
KUMETCO Merelbeke-Melle€1.4m€0.5m
T.C.V.G. Chimay€1.4m€0.2m
Hans VAN MERHAEGHE Wortegem-Petegem€2.8m€0.5m
EROPAK Hasselt€1.3m€0.4m
JONCKERS Boutersem€2.3m€0.2m
F. VANDENBULCKE Kortrijk€2.8m€0.4m
Full comparison

Key facts about FRANK AFSCHRIFT

What is the company number of FRANK AFSCHRIFT?
The company number of FRANK AFSCHRIFT is 0466.508.632. The VAT number is the same number with BE in front: BE 0466.508.632.
Where is FRANK AFSCHRIFT based?
The registered office is at Beentjesstraat 32, 9850 Deinze.Company details
What does FRANK AFSCHRIFT do?
According to the KBO register, the main activity is wholesale trade (NACE 46610).
What is the legal form of FRANK AFSCHRIFT?
The legal form of FRANK AFSCHRIFT is Private limited company (BV).
When was FRANK AFSCHRIFT founded?
FRANK AFSCHRIFT was founded on 22-07-1999.
Is FRANK AFSCHRIFT still active?
Yes, FRANK AFSCHRIFT is an active enterprise in the KBO register.
How many employees does FRANK AFSCHRIFT have?
FRANK AFSCHRIFT had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does FRANK AFSCHRIFT fall under?
In its 30-06-2024 annual accounts, FRANK AFSCHRIFT states joint committee 149.04 (Paritair Subcomité voor de metaalhandel).
What is the turnover of FRANK AFSCHRIFT?
The turnover in financial year 2025 is ≈ €1.9m. This figure is estimated from the gross margin of €376,101 and 138 comparable companies (NACE 46). It probably lies between €1.2m and €3.2m.
Is FRANK AFSCHRIFT profitable?
In financial year 2025, FRANK AFSCHRIFT made a profit of €111,765.
Where can I find the annual accounts of FRANK AFSCHRIFT?
FRANK AFSCHRIFT filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FRANK AFSCHRIFT due?
FRANK AFSCHRIFT must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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