FRANK BLONDEEL

Active

Private limited companyfounded 200224 yrs activeLeopoldlaan 91, 9900 Eeklo, BelgiumKBO/BCE: BE 0476.790.434

Summary

The computed 12-month bankruptcy probability of FRANK BLONDEEL is 2.5% (moderate). For FRANK BLONDEEL, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €875,390 and a net result of €696. Equity is growing by ~8.5% per year across the filed fiscal years. Its solvency ranks better than 54% of 7482 sector peers (fiscal year 2024). The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

FRANK BLONDEELActive

Risk analysis Report Compare

Activity

Joinery installation

NACE 43320NACE 45421

1 site

Size

€1.9mtotal assets 2024

Staff: 9.6 FTE
Equity: €875,390
Profit: €696

Turnover not published (abridged schema)

Financial health

Bankruptcy chance 12 m: 2.5%

2024 figures too old to score

Structure

Parent: FOUR-J · 85%

Accounts 159 d overdue0 of 5 deeds read

Signals- Figures for FY 2024 (filed 06-05-2025)- Size: 9.6 FTE, total assets €1.9m- Annual accounts not filed+ Founded in 2002+ Liquidity: current ratio 1.80, cash €372,963A punctual record breaksShow the evidence

Checked score

No current score

Figures too old

The available figures for FY 2024 are too old to assess current financial health.

Filing: One filing cycle is missing

Financial strength, FY 2024 · tick = 2023

Average

Solvency 72-4

equity 46.6% of total assets

Liquidity 50-19

short-term debt 49.0% · cash 19.9%

Profitability 45-28

return on assets 0.0%

Bankruptcy probability, 12 months

2.5% Moderate

0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,515 companies)

Last 24 months 11-2024: 0.1% 12-2024: 0.1%● 0.0% vs 11-2024 01-2025: 0.1%▲ +6.4% vs 12-2024 02-2025: 0.1%▲ +0.7% vs 01-2025 03-2025: 0.1%▼ -11.3% vs 02-2025lowest value 04-2025: 0.2%▲ +14.3% vs 03-2025 05-2025: 0.3%▲ +99.3% vs 04-2025 06-2025: 0.2%▼ -26.1% vs 05-2025 07-2025: 0.2%● 0.0% vs 06-2025 08-2025: 0.2%● 0.0% vs 07-2025 09-2025: 0.2%● 0.0% vs 08-2025 10-2025: 0.2%● 0.0% vs 09-2025 11-2025: 0.2%● 0.0% vs 10-2025 12-2025: 0.2%● 0.0% vs 11-2025 01-2026: 0.2%▲ +9.8% vs 12-2025 02-2026: 0.2%▲ +0.4% vs 01-2026 03-2026: 0.2%▼ -8.5% vs 02-2026 04-2026: 0.3%▲ +23.0% vs 03-2026 05-2026: 0.6%▲ +104% vs 04-2026 06-2026: 0.7%▲ +19.4% vs 05-2026 07-2026: 1.0%▲ +48.7% vs 06-2026 08-2026: 1.1%▲ +6.5% vs 07-2026 09-2026: 1.5%▲ +43.6% vs 08-2026 10-2026: 2.5%▲ +64.0% vs 09-2026highest value

Figures for FY 2024 (filed 06-05-2025) raises the probability
Founded in 2002 lowers the probability for this profile
Liquidity: current ratio 1.80, cash €372,963 lowers the probability
Size: 9.6 FTE, total assets €1.9m raises the probability for this profile

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Figures for FY 2024 (filed 06-05-2025)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Founded in 2002

In the bankruptcy model this factor lowers the probability for this profile.

KBO

Liquidity: current ratio 1.80, cash €372,963

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

Size: 9.6 FTE, total assets €1.9m

In the bankruptcy model this factor raises the probability for this profile.

NBB · annual accounts

Annual accounts not filed

The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 159 days later.

NBB · 10 filings

Position against the passed deadline

30-09-2025 close30-04-2026 deadline06-10-2026 today

A punctual record breaks

This company filed 5 consecutive financial years on time. The year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 06-05-2025, 6 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.

NBB · 10 filings

Deviation from the deadline

2025

not filed

2024

6 d late

2023

26 d early

2022

8 d early

2021

18 d early

2020

13 d early

2019

on the day

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 10 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

06-05-25 Annual accounts filedfiscal year 2024 · abbreviated…
30-09-24 Weakest financial yearnet €696 ▼98.8%
04-04-24 Annual accounts filedfiscal year 2023 · abbreviated…

Key points

Risk: Accounts not fileddeadline was 30-04-2026 159 d late View
Caution: Result fell in 2024from €59,834 to €696 ▼ 98.8% View
Caution: Among the weakest 20% on net resultsector median €44,150 · 7,476 companies €696 View
Controlled by FOUR-J 85% View
Positive: 6 profitable years in a rowprofit 2024: €696 6 years View