FRANK VAN HAM
ActiveSummary
FRANK VAN HAM has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €159k and a net result of €20k. Equity is growing by ~14% per year across the filed fiscal years. Its solvency ranks better than 77% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▼-20
Solvency97▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 3.56 against 4.31 in 2024; short-term debt: 19.3% and cash: 28.6% of total assets), and 28.1% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
71.9%
Return on assets
8.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
30 d late
2023
14 d late
2022
16 d late
2021
75 d late
2020
31 d late
2019
14 d late
← 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, micro schema
Equity
€159k▲ 14.1%
2024 · €139k
2018: €63k
2019: €75k
2020: €89k
2021: €88k
2022: €108k
2023: €144k
2024: €139k
2018 → 2025
Total assets
€221k▲ 21.6%
2024 · €182k
2018: €112k
2019: €123k
2020: €140k
2021: €116k
2022: €154k
2023: €191k
2024: €182k
2018 → 2025
Net result
€20k▼ 68.5%
2024 · €62k
2018: €1k
2019: €12k
2020: €13k
2021: €-644
2022: €20k
2023: €38k
2024: €62k
2018 → 2025
Working capital
€109k▲ 1.0%
2024 · €108k
2018: €27k
2019: €39k
2020: €62k
2021: €73k
2022: €94k
2023: €109k
2024: €108k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€88k-€108k▲ 23.1%€144k▲ 33.0%€139k▼ 3.3%€159k▲ 14.1%
Operating result€6k-€30k▲ 434%€52k▲ 71.0%€84k▲ 62.0%€31k▼ 63.8%
Net result€-644-€20k€38k▲ 86.4%€62k▲ 64.9%€20k▼ 68.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 64% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €221k
Fixed assets
€69k ▲ 68.8%
Current assets
€152k ▲ 7.8%
Equity and liabilities €221k
Equity
€159k ▲ 14.1%
Debt
€62k ▲ 46.1%
Debt's share of the balance-sheet total rises from 23.4% to 28.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€51k▼
2024 · €96k
Cash flow
€40k▼
2024 · €74k
Current ratio
3.56▼
2024 · 4.31
Debt to equity
0.39▲
2024 · 0.31
ROE
12.4%▼
2024 · 44.8%
ROA
8.9%▼
2024 · 34.4%
Interest coverage
21.84▼
2024 · 70.06
Debt ≤ 1 year
€43k▲
2024 · €33k
Debt > 1 year
€20k▲
2024 · €10k
Income taxes
€8k▼
2024 · €20k
Staff costs
€112k▲
2024 · €106k
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€182k€221k▲
Fixed assets21/28€41k€69k▲
Tangible fixed assets22/27€38k€66k▲
Plant, machinery and equipment23€2k€3k▲
Furniture and vehicles24€35k€62k▲
Other tangible fixed assets26€772€370▼
Financial fixed assets28€3k€3k=
Current assets29/58€141k€152k▲
Amounts receivable within one year40/41€56k€88k▲
Trade receivables40€16k€24k▲
Other amounts receivable41€40k€64k▲
Cash at bank and in hand54/58€83k€63k▼
Deferred charges and accrued income490/1€937€58▼
Equity and liabilities
Total equity and liabilities10/49€182k€221k▲
Equity10/15€139k€159k▲
Contributions10/11€19k€19k=
Outside capital11€19k-
Other1109/19€19k-
Reserves13€121k€140k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€119k€138k▲
Amounts payable17/49€42k€62k▲
Amounts payable after more than one year17€10k€20k▲
Financial debts170/4€10k€20k▲
Amounts payable within one year42/48€33k€43k▲
Current portion of amounts payable after more than one year42€3k€16k▲
Trade debts44€5k€1k▼
Suppliers440/4€5k€1k▼
Taxes, remuneration and social security45€14k€13k▼
Taxes450/3€11k€10k▼
Remuneration and social security454/9€3k€3k=
Other amounts payable47/48€12k€12k=
Income statement
Code20242025
Non-recurring operating income76A-€11k
Remuneration, social security and pensions62€106k€112k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€21k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€203k€165k▼
Operating profit (loss)9901€84k€31k▼
Financial income75/76B€0€24▲
Recurring financial income75€0€24▲
Financial charges65/66B€1k€3k▲
Recurring financial charges65€1k€2k▲
Non-recurring financial charges66B-€350
Profit (loss) for the period before taxes9903€83k€28k▼
Income taxes67/77€20k€8k▼
Profit (loss) for the period9904€62k€20k▼
Profit (loss) for the period to be appropriated9905€62k€20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€62k€20k▼
Transfer from equity791/2€80k-
Transfer to equity691/2€62k€20k▼
To other reserves6921€62k€20k▼
Profit to be distributed694/7€80k-
Return on contributions (dividend)694€80k-
The notes to these accounts (12 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Equity above €150kEq €159k ▲14.1%
4 profitable years in a row build equity to €159k.
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-12
Financial
Highest result since 2018net €62k ▲64.9%
Operating result €84k, net result €62k, both a record.
14-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 14 days late
2023
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 16 days late
2022
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
31-12
Financial
Equity above €100kEq €108k ▲23.1%
Equity rises from €88k to €108k.
14-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 75 days late
2021
31-12
Financial
Weakest financial yearnet €-644 ▼105%
Net result drops to €-644, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
14-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 14 days late
Show earlier events
2019
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Antwerpen · 1 establishment unit since 2002
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.
Leugenberg 1832180 AntwerpenGround area
525 m²
Building footprint
133 m²
Volume, LiDAR
829 m³
Parcel 11014G0089/00M003, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FRANK VAN HAM
since 20022.131.515.612
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11014G0089/00M003 | Flanders | 525 m² | 1 · 133 m² | 10.4 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
2025 · 1 entry · 314 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 314 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
1 live approval · 4 endedMedewerker hout duaal (so)
Show 4 ended approvals
Plaatser binnenschrijnwerk (so)
Plaatser buitenschrijnwerk (so)
Plaatser binnenschrijnwerk (so)
Plaatser buitenschrijnwerk (so)
Similar companies · same sector, comparable size
LAPETO
BE 0728.813.557
Saint-Ghislain · Eq €158,837
BO CHÂSSIS
BE 0661.691.042
Ukkel · Eq €158,884
AUQUIER
BE 0431.168.265
Jette · Eq €158,796
Atelier Bens
BE 0780.446.261
Kasterlee · Eq €158,762
GEYSSENS KEUKENS & KASTEN
BE 0808.798.668
Maldegem · Eq €158,753
Of 20,024 companies in sector 43320 we hold annual accounts for 9,135. 7,588 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
Founded15-11-2002
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.