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FRANKATOR

Active
Private limited companyfounded 20197 yrs activeBronnenweelde 62, 9890 Gavere, BelgiumKBO/BCE: BE 0717.806.235
Summary

FRANKATOR has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €166,216 and a net result of €41,028. Equity is growing by ~21.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability88▲+10
Solvency88▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity ample (current ratio 5.24 against 4.44 in 2023; short-term debt: 17.5% and cash: 18.8% of total assets), and 37% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 7 years 0 10 y
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 23-06-2026, 38 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
38 d early
2024
27 d early
2023
41 d early
2022
13 d early
2021
23 d early
2020
32 d early
2019
24 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 28 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

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. Usually files around 4 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

History

FRANKATOR was incorporated on 8 January 2019.1 Total assets rose from EUR 154,300 in 2019 to EUR 263,944 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€166,216▲ 32.8%
2023 · €125,188
Total assets
€263,944▲ 9.2%
2023 · €241,773
Net result
€41,028▲ 134%
2023 · €17,504
Working capital
€196,194▲ 22.3%
2023 · €160,382
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€34,622▲ 82.2%€33,716▼ 2.6%€25,993▼ 22.9%€29,493▲ 13.5%€56,410▲ 91.3%
Net result€22,572within the sector's middle half▲ 75.1%€21,394within the sector's middle half▼ 5.2%€15,829within the sector's middle half▼ 26.0%€17,504within the sector's middle half▲ 10.6%€41,028within the sector's middle half▲ 134%
Equity€70,461within the sector's middle half▲ 47.1%€91,855within the sector's middle half▲ 30.4%€107,684within the sector's middle half▲ 17.2%€125,188within the sector's middle half▲ 16.3%€166,216within the sector's middle half▲ 32.8%
Total assets€187,834within the sector's middle half▲ 21.7%€238,790within the sector's middle half▲ 27.1%€239,862within the sector's middle half▲ 0.4%€241,773within the sector's middle half▲ 0.8%€263,944within the sector's middle half▲ 9.2%
Debt€117,373▲ 10.3%€146,934▲ 25.2%€132,177▼ 10.0%€116,585▼ 11.8%€97,727▼ 16.2%
Working capital€42,922within the sector's middle half€95,993within the sector's middle half▲ 124%€128,651within the sector's middle half▲ 34.0%€160,382above the sector's middle half▲ 24.7%€196,194above the sector's middle half▲ 22.3%
Solvency37.5%within the sector's middle half▲ 6.5pp38.5%within the sector's middle half▲ 1.0pp44.9%within the sector's middle half▲ 6.4pp51.8%within the sector's middle half▲ 6.9pp63.0%within the sector's middle half▲ 11.2pp
Current ratio1.64within the sector's middle half▲ 0.793.12within the sector's middle half▲ 1.493.82within the sector's middle half▲ 0.704.44within the sector's middle half▲ 0.635.24above the sector's middle half▲ 0.79
Return on assets (ROA)12.0%within the sector's middle half▲ 3.7pp9.0%within the sector's middle half▼ 3.1pp6.6%within the sector's middle half▼ 2.4pp7.2%within the sector's middle half▲ 0.6pp15.5%within the sector's middle half▲ 8.3pp
above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000Operating result 2020: €34,622€34,622Net result 2020: €22,572€22,572Operating result 2021: €33,716€33,716Net result 2021: €21,394€21,394Operating result 2022: €25,993€25,993Net result 2022: €15,829€15,829Operating result 2023: €29,493€29,493Net result 2023: €17,504€17,504Operating result 2024: €56,410€56,410Net result 2024: €41,028€41,02820202021202220232024€0€20,000€40,000€60,000Operating result 2022: €25,993€26,000Net result 2022: €15,829€15,800Operating result 2023: €29,493€29,500Net result 2023: €17,504€17,500Operating result 2024: €56,410€56,400Net result 2024: €41,028€41,000202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 91% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €263,944
Fixed assets €21,435 ▼ 38.5%
Current assets €242,509 ▲ 17.2%
Equity and liabilities €263,944
Equity €166,216 ▲ 32.8%
Debt €97,727 ▼ 16.2%
Debt's share of the balance-sheet total falls from 48.2% to 37.0%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€71,561▲
2023 · €68,536
Cash flow
€56,179▼
2023 · €56,547
Debt to equity
0.59▼
2023 · 0.93
ROE
24.7%▲
2023 · 14.0%
Interest coverage
22.19▲
2023 · 17.11
Debt ≤ 1 year
€46,315▼
2023 · €46,559
Debt > 1 year
€44,061▼
2023 · €62,137
Income taxes
€17,438▲
2023 · €8,180
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
95% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 26,975 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 46 lines
Balance sheet Code20232024
Assets
Total assets20/58€241,773€263,944▲
Fixed assets21/28€34,832€21,435▼
Tangible fixed assets22/27€34,832€21,435▼
Plant, machinery and equipment23€8,450€6,013▼
Furniture and vehicles24€4,564€4,513▼
Leasing and similar rights25€21,818€10,909▼
Current assets29/58€206,942€242,509▲
Amounts receivable within one year40/41€19,597€16,237▼
Trade receivables40€14,718€16,091▲
Other amounts receivable41€4,879€146▼
Current investments50/53€125,000€175,500▲
Cash at bank and in hand54/58€61,354€49,706▼
Deferred charges and accrued income490/1€991€1,066▲
Equity and liabilities
Total equity and liabilities10/49€241,773€263,944▲
Equity10/15€125,188€166,216▲
Contributions10/11€35,000€35,000=
Reserves13€704€704=
Distributable reserves133€704€704=
Profit (loss) carried forward14€89,484€130,512▲
Amounts payable17/49€116,585€97,727▼
Amounts payable after more than one year17€62,137€44,061▼
Financial debts170/4€62,137€44,061▼
Amounts payable within one year42/48€46,559€46,315▼
Current portion of amounts payable after more than one year42€17,854€18,076▲
Financial debts43€8,034€3,381▼
Other loans439€8,034€3,381▼
Trade debts44€2,329€3,211▲
Suppliers440/4€2,329€3,211▲
Taxes, remuneration and social security45€1,683€2,259▲
Taxes450/3€1,683€2,259▲
Other amounts payable47/48€16,659€19,389▲
Accrued charges and deferred income492/3€7,889€7,352▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39,043€15,151▼
Other operating charges640/8€1,826€1,911▲
Gross operating margin9900€70,363€73,472▲
Operating profit (loss)9901€29,493€56,410▲
Financial income75/76B€195€5,281▲
Recurring financial income75€195€5,281▲
Financial charges65/66B€4,005€3,224▼
Recurring financial charges65€4,005€3,224▼
Profit (loss) for the period before taxes9903€25,684€58,466▲
Income taxes67/77€8,180€17,438▲
Profit (loss) for the period9904€17,504€41,028▲
Profit (loss) for the period to be appropriated9905€17,504€41,028▲
Appropriation of the result
Profit (loss) to be appropriated9906€89,484€130,512▲
Profit (loss) brought forward from the previous period14P€71,980€89,484▲

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25,786€37,147€37,580€39,043€15,151▼ 61.2%
Other operating charges640/8-€2,702€1,760€1,826€1,911▲ 4.6%
Gross operating margin9900€61,035€73,565€65,334€70,363€73,472▲ 4.4%
Operating profit (loss)9901€34,622€33,716€25,993€29,493€56,410▲ 91.3%
Financial income75/76B--€0€195€5,281▲ 2,603%
Recurring financial income75--€0€195€5,281▲ 2,603%
Financial charges65/66B-€2,907€2,630€4,005€3,224▼ 19.5%
Recurring financial charges65€1,808€2,907€2,630€4,005€3,224▼ 19.5%
Profit (loss) for the period before taxes9903€32,814€30,809€23,364€25,684€58,466▲ 128%
Income taxes67/77€10,243€9,414€7,535€8,180€17,438▲ 113%
Profit (loss) for the period9904€22,572€21,394€15,829€17,504€41,028▲ 134%
Profit (loss) for the period to be appropriated9905€22,572€21,394€15,829€17,504€41,028▲ 134%
Line20202021202220232024Change
Assets
Total assets20/58€187,834€238,790€239,862€241,773€263,944▲ 9.2%
Fixed assets21/28€77,479€97,598€65,576€34,832€21,435▼ 38.5%
Intangible fixed assets21€69,000€46,000€23,000---
Tangible fixed assets22/27€8,479€51,598€42,576€34,832€21,435▼ 38.5%
Plant, machinery and equipment23-€5,121€6,575€8,450€6,013▼ 28.8%
Furniture and vehicles24-€2,841€3,274€4,564€4,513▼ 1.1%
Leasing and similar rights25-€43,636€32,727€21,818€10,909▼ 50.0%
Current assets29/58€110,356€141,191€174,286€206,942€242,509▲ 17.2%
Amounts receivable within one year40/41€13,750€17,225€18,214€19,597€16,237▼ 17.1%
Trade receivables40-€17,225€15,249€14,718€16,091▲ 9.3%
Other amounts receivable41--€2,965€4,879€146▼ 97.0%
Current investments50/53---€125,000€175,500▲ 40.4%
Cash at bank and in hand54/58€96,368€123,267€155,114€61,354€49,706▼ 19.0%
Deferred charges and accrued income490/1-€700€958€991€1,066▲ 7.5%
Equity and liabilities
Total equity and liabilities10/49€187,834€238,790€239,862€241,773€263,944▲ 9.2%
Equity10/15€70,461€91,855€107,684€125,188€166,216▲ 32.8%
Contributions10/11-€35,000€35,000€35,000€35,000=
Reserves13€704€704€704€704€704=
Non-distributable reserves130/1-€704€704---
Reserves not available under the articles1311-€704€704---
Distributable reserves133---€704€704=
Profit (loss) carried forward14€34,757€56,151€71,980€89,484€130,512▲ 45.8%
Amounts payable17/49€117,373€146,934€132,177€116,585€97,727▼ 16.2%
Amounts payable after more than one year17€40,000€97,629€79,991€62,137€44,061▼ 29.1%
Financial debts170/4-€97,629€79,991€62,137€44,061▼ 29.1%
Amounts payable within one year42/48€67,433€45,198€45,635€46,559€46,315▼ 0.5%
Current portion of amounts payable after more than one year42-€17,423€17,638€17,854€18,076▲ 1.2%
Financial debts43-€4,172€7,172€8,034€3,381▼ 57.9%
Other loans439-€4,172€7,172€8,034€3,381▼ 57.9%
Trade debts44€11,053€8,486€5,143€2,329€3,211▲ 37.9%
Suppliers440/4-€8,486€5,143€2,329€3,211▲ 37.9%
Taxes, remuneration and social security45-€6,484€5,253€1,683€2,259▲ 34.2%
Taxes450/3-€6,484€5,253€1,683€2,259▲ 34.2%
Other amounts payable47/48-€8,633€10,430€16,659€19,389▲ 16.4%
Accrued charges and deferred income492/3-€4,107€6,551€7,889€7,352▼ 6.8%
Line20202021202220232024Change
Profit (loss) for the period9904€22,572€21,394€15,829€17,504€41,028▲ 134%
+ Depreciation and write-downs630€25,786€37,147€37,580€39,043€15,151▼ 61.2%
Operating cash flow (approximation)€48,357€58,542€53,409€56,547€56,179▼ 0.7%
Investment in fixed assets (approximation)--€57,267-€5,558-€8,299-€1,754▲ 78.9%
Change in cash-€26,898€31,847-€93,760-€11,648▲ 87.6%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
23-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
04-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2019net €41,028 ▲134%
Operating result €56,410, net result €41,028, both a record.
31-12
Financial Equity above €150,000Eq €166,216 ▲32.8%
6 profitable years in a row build equity to €166,216.
20-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
18-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Equity above €100,000Eq €107,684 ▲17.2%
4 profitable years in a row build equity to €107,684.
08-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
29-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
07-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Gavere · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
734 m²
Building footprint
137 m²
Volume, LiDAR
829 m³
Parcel 44016B1222/00L004, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FRANKATOR
Bronnenweelde 62, 9890 GavereComputer programming, consultancy and related activities
since 20192.284.133.729
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44016B1222/00L004 Flanders 734 m² 1 · 136 m² 9.3 m · 2 fl.
Linked by address, not proof of ownership
Good to know
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

2022 to 2023 · 2 entries · 946 EUR awarded · 946 EUR paid
Year Entries awardedpaid
2023 1 812 EUR812 EUR
2022 1 134 EUR134 EUR
Schemes
2 entries · 946 EUR · 946 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 82,641 companies in sector 70200 we hold annual accounts for 52,636. 40,746 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded08-01-2019
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
82100Office administrative and support services
82300Organisation of conventions and trade shows
E-invoicing
Reachable via Peppol
Peppol ID 0208:0717806235
Registered 26-09-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.