Skip to content

FRANK'S

Active
Public limited companyfounded 1991active for 34 yearsZeehelling 2, 8300 Knokke-Heist, BelgiumKBO/BCE: BE 0445.597.808

From the official registers: KBO 34 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

FRANK'S has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.7m and a net result of -€47,376. Equity has been stable since 2018 (±1.8% per year). Its solvency ranks better than 46% of 5,789 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisFollow ReportCompare
FRANK'SActiveChecked score 89/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active since 06-11-1991 Normal situation
Registered office
11 active companies are registered at this address Source: KBO register, as of 1 November 2026.
Activity
Renting and operating of own or leased residential real estate, excluding social housing NACE 68201and 1 other
Establishment units
2.055.042.394 8300 Knokke-Heist, since 20-11-1991
2.265.440.146 2880 Bornem, since 10-01-2017
Financial year end
31 December
Peppol
Reachable since 05-11-2025
Company details

Board and ownership

Board
  • ATHELEANDirector · permanent representative Frank Van Leemput
Shareholders
Holdings
Shares in 1 company MAY TREE REAL ESTATE
Board & ownership

Financial position

89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€841,594
▼ 43.7%
Turnover
≈ €950,000
estimated
Loss
€47,376
Equity
€5.7m
▼ 0.9%
Total assets
€16.7m
▼ 5.7%
Filed on 31-07-2026, on timeat the National Bank
Financials
Score breakdownraises riskLiquidity: current ratio 2.54, cash €4, halvedlowers riskFounded in 1991Size: total assets €16.7mFigures for financial year 2025 (filed on 04-08-2026)Show the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 44% of medium-sized companies in real estate (NACE 68)
Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Average
Solvency 59+2
equity 33.8% of total assets
Liquidity 49-1
short-term debt 11.8% · cash 0.0%
Profitability 37-9
return on assets -0.3%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (1,722 companies, NACE 68, medium-sized)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025lowest value 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.2%▼ -0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €500,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.54 (0.93 in 2024), above the usual 1.5. Short-term debt is 11.8% and cash 0% of total assets. However, 66.2% 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, medium-sized). It does better than 57% of them on solvency, 45% on liquidity, 38% on profitability and 37% on growth.

The bankruptcy probability was computed on 31-10-2026 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).

Credit check for an amount and term of your choice

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

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

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 2.54, cash €4, halved
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 · Size: total assets €16.7m
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 · Figures for financial year 2025 (filed on 04-08-2026)
NBB · annual accounts
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
13 days early
2023
8 days early
2022
17 days late
2021
25 days early
2020
26 days early
2019
27 days late
← 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 4 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 24 July (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
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

  • Caution: From profit to loss in 2025after a profit of €245,487 in 2024 -€47,376 View
  • Positive: More equity than 80% of companies in real estatesector median €944,451 · 5,790 companies €5.7m View
  • Merger with LIEGE DEVELOPPEMENTmerger on 04-06-2026 2026 View
  • New directorlatest change 11-06-2026 · 1 in office 1 joined View

Companies linked to FRANK'S

Comparable companies

These companies have the same main activity as FRANK'S: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €13m and €23m, founded between 1986 and 1998.

CompanyTotal assetsGross margin
FRANK'S Knokke-Heist€16.7m€0.8m
Fregate Private Investments Roeselare€15.7m€0.8m
HERZIMMO Anzegem€13.3m€0.9m
NEVEN-LEMAIRE Sint-Truiden€16.0m€1.0m
IMMO-TIJTGAT Zulte€19.2m€0.9m
TILLEGEM INVEST Oostkamp€22.9m€0.8m
PATREAN Brugge€13.9m€0.6m
Full comparison

Documents

Annual accounts at the NBB

All 34 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about FRANK'S
What is the company number of FRANK'S?
The company number of FRANK'S is 0445.597.808. The VAT number is the same number with BE in front: BE 0445.597.808.
Where is FRANK'S based?
The registered office is at Zeehelling 2, 8300 Knokke-Heist.Company details
What does FRANK'S do?
According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
What is the legal form of FRANK'S?
The legal form of FRANK'S is Public limited company (NV).
When was FRANK'S founded?
FRANK'S was founded on 06-11-1991.
Is FRANK'S still active?
Yes, FRANK'S is an active enterprise in the KBO register.
What is the turnover of FRANK'S?
The turnover in financial year 2025 is ≈ €950,000. This figure is estimated from the gross margin of €841,594 and 38 comparable companies (NACE 68201). It probably lies between €840,000 and €1.0m.Financials
Is FRANK'S profitable?
In financial year 2025, FRANK'S made a loss of €47,376.
Where can I find the annual accounts of FRANK'S?
FRANK'S filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of FRANK'S due?
FRANK'S must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See the other companies in the same group.ATHELEAN · 13 companies Compare this company with its sector.Sector benchmark

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure