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FRANK BAUWENS

Active
Public limited companyfounded 1991active for 35 yearsHagewindestraat 11A, 9940 Evergem, BelgiumKBO/BCE: BE 0445.351.348
Summary

FRANK BAUWENS has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.5m and a net result of €148,605, of which €178,148 non-recurring income. Equity has been stable since 2018 (±0.7% per year). Its solvency ranks better than 95% of 17,119 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 11-10-1991 Normal situation
Activity
Renting and operating of own or leased non-residential real estate, excluding land NACE 68203and 10 others
Establishment unit
2.054.730.907 9940 Evergem, since 25-10-1991
Financial year end
31 December
Peppol
Reachable since 07-10-2025

Financial position

98 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€257,944
▲ 181%
Turnover
≈ €290,000
estimated
Profit
€148,605
▲ 457%
Equity
€1.5m
▲ 10.7%
Total assets
€1.6m
▲ 13.1%
Filed on 12-06-2026, 49 days before the deadline
Score breakdownlowers riskLiquidity: current ratio 22.33, cash €969,922Equity €1.5m (97.2% of total assets)Size: total assets €1.6mFounded in 1991Show the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 83% of micro companies in real estate (NACE 68)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 97.2% of total assets
Liquidity 100+21
short-term debt 2.8% · cash 61.6%
Profitability 81+10
return on assets 9.4%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.2% (26,625 companies, NACE 68, micro)
Last 24 months 12-2024: < 0.1%highest value 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged 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: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged 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 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €150,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 22.33 (56.78 in 2024), above the usual 1.5. Short-term debt is 2.8% and cash 61.6% of total assets. 2.8% 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 68, micro). It does better than 91% of them on solvency, 98% on liquidity, 78% on profitability and 67% on growth.

The bankruptcy probability was computed on 01-11-2026 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

Six signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 22.33, cash €969,922
NBB · annual accounts
lowers risk · Equity €1.5m (97.2% of total assets)
NBB · annual accounts
lowers risk · Size: total assets €1.6m
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 · Founded in 1991
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 · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €1.5m
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
49 days early
2024
48 days early
2023
1 day early
2022
32 days early
2021
16 days late
2020
43 days early
2019
36 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 28 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 June (4 of the last 5 accounts filed within 32 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Result rose in 2025mostly from a one-off income of €178,148 ▲ 457% View
  • Positive: Higher solvency than 95% of companies in real estatesector median 29.0% · 17,119 companies 97.2% View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

Recent changes

  1. · Gazette deed Resignations: BAUWENS Frank (director) and VAN DE WOESTYNE Kristine Angèle Etienne (director)Appointments: BAUWENS Frank (director) and VAN DE WOESTYNE Kristine Angèle Etienne (director)
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as FRANK BAUWENS: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €1.5m and €1.8m, founded between 1987 and 1996.

CompanyTotal assetsGross margin
FRANK BAUWENS Evergem€1.6m€0.3m
Gouvimmo Gent€1.5m€0.3m
ROBA Erpe-Mere€1.6m€0.2m
N 39 BIS Aalst€1.8m€0.3m
GETRAVEE Stekene€1.6m€0.2m
BEDRIJVENCENTRUM - VLAAMSE ARDENNEN Oudenaarde€1.7m€0.3m
DV Immo Invest Oosterzele€1.7m€0.3m
Full comparison

Key facts about FRANK BAUWENS

What is the company number of FRANK BAUWENS?
The company number of FRANK BAUWENS is 0445.351.348. The VAT number is the same number with BE in front: BE 0445.351.348.
Where is FRANK BAUWENS based?
The registered office is at Hagewindestraat 11A, 9940 Evergem.Company details
What does FRANK BAUWENS do?
According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
What is the legal form of FRANK BAUWENS?
The legal form of FRANK BAUWENS is Public limited company (NV).
When was FRANK BAUWENS founded?
FRANK BAUWENS was founded on 11-10-1991.
Is FRANK BAUWENS still active?
Yes, FRANK BAUWENS is an active enterprise in the KBO register.
What is the turnover of FRANK BAUWENS?
The turnover in financial year 2025 is ≈ €290,000. This figure is estimated from the gross margin of €257,944 and 46 comparable companies (NACE 68203). It probably lies between €270,000 and €360,000.Financials
Is FRANK BAUWENS profitable?
In financial year 2025, FRANK BAUWENS made a profit of €148,605.
Where can I find the annual accounts of FRANK BAUWENS?
FRANK BAUWENS filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FRANK BAUWENS due?
FRANK BAUWENS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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