FRANKD
ActiveSummary
The computed 12-month bankruptcy probability of FRANKD is 3.2% (moderate). The 2025 annual accounts show equity of €55,175 and a net result of €1,623. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 47% of 13560 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability70▼-16
Solvency52▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity short (current ratio 0.67 against 0.67 in 2024; short-term debt: 45% and cash: 24.8% of total assets), and 72.6% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more 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 dateAge against the risk zone
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €55,175
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 16-02-2026, 16 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 · 6 filingsDeviation from the deadline
2025
16 d late
2024
3 d late
2023
9 d late
2022
8 d late
2021
24 d late
2020
22 d late
← 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 14 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close27-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money How does this company compare with its sector?Sector benchmark
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€55,175▲ 3.0%
2024 · €53,551
Total assets
€201,480▼ 15.0%
2024 · €236,907
Net result
€1,623▼ 95.0%
2024 · €32,360
Working capital
-€30,272▲ 11.7%
2024 · -€34,287
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service 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
Line20212022202320242025
Operating result-€8,066▲ 72.4%€20,019€33,723▲ 68.5%€40,657▲ 20.6%€6,292▼ 84.5%
Net result-€11,930below the sector's middle half▲ 62.8%€15,731within the sector's middle half€30,863above the sector's middle half▲ 96.2%€32,360above the sector's middle half▲ 4.9%€1,623within the sector's middle half▼ 95.0%
Equity-€25,403below the sector's middle half▼ 88.5%-€9,672below the sector's middle half▲ 61.9%€21,191within the sector's middle half€53,551within the sector's middle half▲ 153%€55,175within the sector's middle half▲ 3.0%
Total assets€253,795above the sector's middle half▼ 2.6%€225,144within the sector's middle half▼ 11.3%€229,877within the sector's middle half▲ 2.1%€236,907within the sector's middle half▲ 3.1%€201,480within the sector's middle half▼ 15.0%
Debt€279,198▲ 1.9%€234,816▼ 15.9%€208,686▼ 11.1%€183,356▼ 12.1%€146,305▼ 20.2%
Working capital-€94,066▼ 57.5%-€77,769▲ 17.3%-€50,071▲ 35.6%-€34,287▲ 31.5%-€30,272▲ 11.7%
Solvency-10.0%below the sector's middle half▼ 4.8pp-4.3%within the sector's middle half▲ 5.7pp9.2%within the sector's middle half▲ 13.5pp22.6%within the sector's middle half▲ 13.4pp27.4%within the sector's middle half▲ 4.8pp
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service 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
The operating result falls in 2025; 2025 is 85% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €201,480
Fixed assets
€140,999 ▼ 16.2%
Current assets
€60,481 ▼ 12.0%
Equity and liabilities €201,480
Equity
€55,175 ▲ 3.0%
Debt
€146,305 ▼ 20.2%
Debt's share of the balance-sheet total falls from 77.4% to 72.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€41,760▼
2024 · €73,308
Cash flow
€37,091▼
2024 · €65,012
Current ratio
0.67▼
2024 · 0.67
Quick ratio
0.65▼
2024 · 0.66
Debt to equity
2.65▼
2024 · 3.42
ROE
2.9%▼
2024 · 60.4%
ROA
0.8%▼
2024 · 13.7%
Interest coverage
9.03▲
2024 · 8.96
Debt ≤ 1 year
€90,753▼
2024 · €103,003
Debt > 1 year
€55,552▼
2024 · €80,352
Income taxes
€140▲
2024 · €120
Staff costs
€46,615▲
2024 · €26,166
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,270 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
2.1%
went bankrupt
2.5%
stopped otherwise
95%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 3,270 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €26,166 | €46,615 | ▲ 78.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €28,930 | €29,020 | €29,423 | €32,651 | €35,468 | ▲ 8.6% |
| Other operating charges640/8 | - | €773 | €927 | €901 | €991 | ▲ 10.0% |
| Gross operating margin9900 | €23,606 | €49,811 | €64,072 | €100,375 | €89,365 | ▼ 11.0% |
| Operating profit (loss)9901 | -€8,066 | €20,019 | €33,723 | €40,657 | €6,292 | ▼ 84.5% |
| Financial income75/76B | - | - | €360 | €2 | €94 | ▲ 3,689% |
| Recurring financial income75 | €5 | - | €360 | €2 | €94 | ▲ 3,689% |
| Financial charges65/66B | - | €4,057 | €3,108 | €8,179 | €4,623 | ▼ 43.5% |
| Recurring financial charges65 | €3,741 | €4,057 | €3,108 | €8,179 | €4,623 | ▼ 43.5% |
| Profit (loss) for the period before taxes9903 | -€11,803 | €15,961 | €30,976 | €32,480 | €1,763 | ▼ 94.6% |
| Income taxes67/77 | €127 | €231 | €112 | €120 | €140 | ▲ 16.2% |
| Profit (loss) for the period9904 | -€11,930 | €15,731 | €30,863 | €32,360 | €1,623 | ▼ 95.0% |
| Profit (loss) for the period to be appropriated9905 | -€11,930 | €15,731 | €30,863 | €32,360 | €1,623 | ▼ 95.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €253,795 | €225,144 | €229,877 | €236,907 | €201,480 | ▼ 15.0% |
| Fixed assets21/28 | €234,564 | €206,564 | €181,786 | €168,191 | €140,999 | ▼ 16.2% |
| Tangible fixed assets22/27 | €234,564 | €206,564 | €181,786 | €168,191 | €140,999 | ▼ 16.2% |
| Plant, machinery and equipment23 | - | €87,103 | €78,670 | €77,745 | €61,874 | ▼ 20.4% |
| Furniture and vehicles24 | - | €140 | - | €2,048 | €315 | ▼ 84.6% |
| Other tangible fixed assets26 | - | €119,321 | €103,116 | €88,398 | €78,809 | ▼ 10.8% |
| Current assets29/58 | €19,231 | €18,580 | €48,091 | €68,716 | €60,481 | ▼ 12.0% |
| Stocks and contracts in progress3 | €567 | €687 | €772 | €975 | €1,287 | ▲ 32.0% |
| Stocks30/36 | - | €687 | €772 | €975 | €1,287 | ▲ 32.0% |
| Amounts receivable within one year40/41 | €14,910 | €10,642 | €7,173 | €14,537 | €9,279 | ▼ 36.2% |
| Trade receivables40 | - | €3,494 | €7,173 | €14,472 | €9,279 | ▼ 35.9% |
| Other amounts receivable41 | - | €7,147 | - | €65 | - | - |
| Cash at bank and in hand54/58 | €3,754 | €7,251 | €40,145 | €53,204 | €49,914 | ▼ 6.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €253,795 | €225,144 | €229,877 | €236,907 | €201,480 | ▼ 15.0% |
| Equity10/15 | -€25,403 | -€9,672 | €21,191 | €53,551 | €55,175 | ▲ 3.0% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€44,003 | -€28,272 | €2,591 | €34,951 | €36,575 | ▲ 4.6% |
| Amounts payable17/49 | €279,198 | €234,816 | €208,686 | €183,356 | €146,305 | ▼ 20.2% |
| Amounts payable after more than one year17 | €165,901 | €138,467 | €110,524 | €80,352 | €55,552 | ▼ 30.9% |
| Financial debts170/4 | - | €138,467 | €110,524 | €80,352 | €55,552 | ▼ 30.9% |
| Amounts payable within one year42/48 | €113,297 | €96,349 | €98,162 | €103,003 | €90,753 | ▼ 11.9% |
| Current portion of amounts payable after more than one year42 | - | €24,215 | €24,664 | €25,121 | €21,398 | ▼ 14.8% |
| Trade debts44 | €6,110 | €4,803 | €4,967 | €9,041 | €1,880 | ▼ 79.2% |
| Suppliers440/4 | - | €4,803 | €4,967 | €9,041 | €1,880 | ▼ 79.2% |
| Taxes, remuneration and social security45 | - | €593 | €6,441 | €11,407 | €11,850 | ▲ 3.9% |
| Taxes450/3 | - | €593 | €6,441 | €4,970 | €7,852 | ▲ 58.0% |
| Remuneration and social security454/9 | - | - | - | €6,437 | €3,997 | ▼ 37.9% |
| Other amounts payable47/48 | - | €66,739 | €62,091 | €57,434 | €55,626 | ▼ 3.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€11,930 | €15,731 | €30,863 | €32,360 | €1,623 | ▼ 95.0% |
| + Depreciation and write-downs630 | €28,930 | €29,020 | €29,423 | €32,651 | €35,468 | ▲ 8.6% |
| Operating cash flow (approximation) | €17,000 | €44,750 | €60,286 | €65,012 | €37,091 | ▼ 42.9% |
| Investment in fixed assets (approximation) | - | -€1,020 | -€4,645 | -€19,056 | -€8,276 | ▲ 56.6% |
| Change in cash | - | €3,497 | €32,894 | €13,059 | -€3,290 | ▼ 125% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 16 days late
2025
03-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 3 days late
2024
30-06
Financial
Highest result since 2020net €32,360 ▲4.9%
Operating result €40,657, net result €32,360, both a record.
09-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 9 days late
2023
08-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 8 days late
2022
30-06
Financial
Back to profitnet €15,731
Net result €15,731 after 2 loss-making years.
24-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
22-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 22 days late
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.
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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, Gent · 1 establishment unit since 2018
Ground area
159 m²
Building footprint
97 m²
Volume, LiDAR
925 m³
Parcel 44815F1226/00D000, Flanders · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
FRANKD
since 20182.282.162.055
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44815F1226/00D000 | Flanders | 159 m² | 1 · 97 m² | 11.6 m · 3 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 2025 · 3 entries · 7,220 EUR awarded · 7,220 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 180 EUR | 180 EUR |
| 2023 | 1 | 5,040 EUR | 5,040 EUR |
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteGent2.282.162.055
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Of 20,505 companies in sector 56111 we hold annual accounts for 11,464. 9,873 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
Founded15-11-2018
Fiscal year end30-06
Activities, NACEBEL 2025
56111Full-service restaurants
E-invoicing
Reachable via Peppol
Peppol ID
0208:0713563573
Also
9925:BE0713563573
Registered
24-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.