FRANK FISSETTE
ActiveSummary
FRANK FISSETTE has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €910k and a net result of €72k. Equity is growing by ~13.4% per year across the filed fiscal years. Its solvency ranks better than 78% of 8001 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▲+17
Solvency98▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity ample (current ratio 3.58 against 7.09 in 2024; short-term debt: 26.8% and cash: 16.3% of total assets), and 26.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
73.2%
Return on assets
5.8%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 03-06-2026, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
58 d early
2024
22 d late
2023
on the day
2022
3 d early
2021
38 d early
2020
33 d early
2019
44 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€910k▲ 4.4%
2024 · €871k
2018: €292k
2019: €439k
2020: €505k
2021: €646k
2022: €685k
2023: €780k
2024: €871k
2018 → 2025
Total assets
€1.24M▲ 23.7%
2024 · €1.00M
2018: €799k
2019: €742k
2020: €806k
2021: €867k
2022: €940k
2023: €1.08M
2024: €1.00M
2018 → 2025
Net result
€72k▼ 45.0%
2024 · €131k
2018: €37k
2019: €148k
2020: €125k
2021: €141k
2022: €125k
2023: €150k
2024: €131k
2018 → 2025
Working capital
€860k▲ 6.1%
2024 · €810k
2018: €488k
2019: €473k
2020: €518k
2021: €647k
2022: €666k
2023: €709k
2024: €810k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€646k-€685k▲ 6.2%€780k▲ 13.9%€871k▲ 11.7%€910k▲ 4.4%
Operating result€207k-€186k▼ 10.3%€221k▲ 18.9%€323k▲ 46.1%€122k▼ 62.3%
Net result€141k-€125k▼ 11.5%€150k▲ 19.8%€131k▼ 12.3%€72k▼ 45.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 62% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.24M
Fixed assets
€50k ▼ 18.4%
Current assets
€1.19M ▲ 26.4%
Equity and liabilities €1.24M
Equity
€910k ▲ 4.4%
Debt
€333k ▲ 150%
Debt's share of the balance-sheet total rises from 13.3% to 26.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€137k▼
2024 · €343k
Cash flow
€87k▼
2024 · €152k
Current ratio
3.58▼
2024 · 7.09
Quick ratio
1.11▼
2024 · 1.83
Debt to equity
0.37▲
2024 · 0.15
ROE
7.9%▼
2024 · 15.1%
ROA
5.8%▼
2024 · 13.1%
Interest coverage
5.65▲
2024 · 2.45
Debt ≤ 1 year
€333k▲
2024 · €133k
Income taxes
€26k▼
2024 · €70k
Staff costs
€75k▲
2024 · €42k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.00M€1.24M▲
Fixed assets21/28€61k€50k▼
Tangible fixed assets22/27€57k€46k▼
Land and buildings22€32k€23k▼
Plant, machinery and equipment23€15k€15k▼
Furniture and vehicles24€10k€8k▼
Financial fixed assets28€4k€4k=
Current assets29/58€943k€1.19M▲
Stocks and contracts in progress3€699k€825k▲
Stocks30/36€699k€825k▲
Amounts receivable within one year40/41€133k€143k▲
Trade receivables40€117k€93k▼
Other amounts receivable41€16k€50k▲
Current investments50/53-€16k
Cash at bank and in hand54/58€106k€203k▲
Deferred charges and accrued income490/1€5k€5k▲
Equity and liabilities
Total equity and liabilities10/49€1.00M€1.24M▲
Equity10/15€871k€910k▲
Contributions10/11€19k€19k=
Reserves13€853k€891k▲
Distributable reserves133€853k€891k▲
Amounts payable17/49€133k€333k▲
Amounts payable within one year42/48€133k€333k▲
Financial debts43€2k€3k▲
Credit institutions430/8€2k€3k▲
Trade debts44€71k€261k▲
Suppliers440/4€71k€261k▲
Taxes, remuneration and social security45€54k€65k▲
Taxes450/3€50k€57k▲
Remuneration and social security454/9€4k€8k▲
Other amounts payable47/48€6k€4k▼
Income statement
Code20242025
Non-recurring operating income76A-€1k
Remuneration, social security and pensions62€42k€75k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€15k▼
Other operating charges640/8€59k€48k▼
Gross operating margin9900€445k€260k▼
Operating profit (loss)9901€323k€122k▼
Financial income75/76B€19k€1k▼
Recurring financial income75€1k€1k▼
Non-recurring financial income76B€17k-
Financial charges65/66B€140k€24k▼
Recurring financial charges65€140k€24k▼
Profit (loss) for the period before taxes9903€202k€99k▼
Income taxes67/77€70k€26k▼
Profit (loss) for the period9904€131k€72k▼
Profit (loss) for the period to be appropriated9905€131k€72k▼
Appropriation of the result
Profit (loss) to be appropriated9906€131k€72k▼
Transfer from equity791/2€62k€30k▼
Transfer to equity691/2€153k€69k▼
To other reserves6921€153k€69k▼
Profit to be distributed694/7€40k€34k▼
Return on contributions (dividend)694€37k€30k▼
Employees696€4k€4k=
Social balance
Average headcount (FTE)90870.71.0▲
The notes to these accounts (8 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
03-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 22 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 7.09
Current ratio from 3.41 to 7.09; short-term debt falls from €295k to €133k.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €150k ▲19.8%
Net result €150k, the highest in the series.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €500kEq €505k ▲15%
3 profitable years in a row build equity to €505k.
17-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
09-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 9 days late
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Diepenbeek · 1 establishment unit since 2000
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.
Sluisstraat 443590 DiepenbeekGround area
401 m²
Building footprint
120 m²
Volume, LiDAR
576 m³
Parcel 71011A0023/00C028, Flanders · tallest building 6.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Sluisstraat 44, 3590 Diepenbeek
since 20002.131.668.733
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71011A0023/00C028 | Flanders | 401 m² | 1 · 120 m² | 6.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 6,150 EUR awarded · 6,150 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 0 EUR | 6,150 EUR |
| 2024 | 1 | 6,150 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteDiepenbeek2.131.668.733
Legal Entity Identifier
254900E1WZM3FLNJ2175
Similar companies · same sector, comparable size
BIER - EN WIJNHANDEL LEYN
BE 0473.586.464
Zelzate · Eq €911,634
MINNART
BE 0474.518.654
Linter · Eq €911,750
ALL DRINKS BEVERNAGIE
BE 0405.163.654
Lichtervelde · Eq €913,474
DRANKEN VANGOIDSENHOVEN
BE 0476.186.460
Lubbeek · Eq €900,392
MATTHYS WIJNIMPORT
BE 0459.197.406
Brugge · Eq €899,792
Of 1,581 companies in sector 46349 we hold annual accounts for 987. 601 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-04-2000
Fiscal year end31-12
Activities, NACEBEL 2025
46349Wholesale of beverages, general range
47251Retail sale of wines and spirits
47252Retail sale of beverages, general range
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.