FRANKEN
ActiveSummary
FRANKEN has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€1,741) and a net result of -€4,141. Its solvency ranks better than 12% of 5,633 sector peers (NACE 81, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Overview
- Equity
- -€1,741
- Loss
- -€4,141
Why 54raises riskCapped at 59: negative equityNegative equity -€1,741Founded in 2024Sector: Services to buildings and landscape activities (NACE 81)lowers riskSize: total assets €776,194Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 81, micro): better than 11% on solvency, 29% on liquidity and 29% on profitability.
The bankruptcy probability was computed on 24-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationAppointments: FRANKEN Kevin (director) and…
Financials · financial year 2025, micro format
Turnover and EBIT margin not published: the micro format does not require them.
Peer companies
Historical observationOf the 152 companies that looked in July 2024 the way this one looks now, 0.0% went bankrupt within 24 months and 99.3% are still going.
- Small
- under 2 years old
- negative equity
- a small loss
For this company itself Checked computes a higher bankruptcy probability: 1.2% 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 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 0.9% |
| 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 74.5% 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 152 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.
| Line | 2025 |
|---|---|
| Non-recurring operating income76A | €10,010 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €68,135 |
| Other operating charges640/8 | €61,190 |
| Gross operating margin9900 | €139,291 |
| Operating profit (loss)9901 | €9,967 |
| Financial income75/76B | €0 |
| Recurring financial income75 | €0 |
| Financial charges65/66B | €14,108 |
| Recurring financial charges65 | €14,108 |
| Profit (loss) for the period before taxes9903 | -€4,141 |
| Profit (loss) for the period9904 | -€4,141 |
| Profit (loss) for the period to be appropriated9905 | -€4,141 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €776,194 | |
| Fixed assets21/28 | €714,089 | |
| Tangible fixed assets22/27 | €714,089 | |
| Land and buildings22 | €451,006 | |
| Plant, machinery and equipment23 | €78,620 | |
| Furniture and vehicles24 | €184,463 | |
| Current assets29/58 | €62,106 | |
| Stocks and contracts in progress3 | €7,341 | |
| Stocks30/36 | €7,341 | |
| Amounts receivable within one year40/41 | €6,215 | |
| Trade receivables40 | €5,873 | |
| Other amounts receivable41 | €342 | |
| Cash at bank and in hand54/58 | €44,779 | |
| Deferred charges and accrued income490/1 | €3,771 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €776,194 | |
| Equity10/15 | -€1,741 | |
| Contributions10/11 | €2,400 | |
| Profit (loss) carried forward14 | -€4,141 | |
| Amounts payable17/49 | €777,936 | |
| Amounts payable after more than one year17 | €453,932 | |
| Financial debts170/4 | €453,932 | |
| Amounts payable within one year42/48 | €324,003 | |
| Current portion of amounts payable after more than one year42 | €15,106 | |
| Trade debts44 | €6,297 | |
| Suppliers440/4 | €6,297 | |
| Taxes, remuneration and social security45 | €8,855 | |
| Taxes450/3 | €8,855 | |
| Other amounts payable47/48 | €293,746 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | -€4,141 |
| + Depreciation and write-downs630 | €68,135 |
| Operating cash flow (approximation) | €63,994 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 01-07-2026 | 2026-00233212 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| FRANKEN Kevin |
|
| TEYSEN Yanick Mariette Gustave |
|
Owners and capital
Capital and shareholders
- FRANKEN Kevin 60 shares (50%) · €1,200
- TEYSEN Yanick Mariette Gustave 60 shares (50%) · €1,200
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 27-12-2024 Incorporation · €2,400 · 120 shares
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
27-12
Gazette deed
IncorporationAppointments: FRANKEN Kevin (director) and TEYSEN Yanick Mariette Gustave (director) · Founder · Founding capital9 facts ▸
- Incorporation, “FRANKEN” (deed in Dutch)
- Founder, FRANKEN Kevin
- Founder, TEYSEN Yanick Mariette Gustave
- Founding capital, €2,400
- Bank account, “vennootschap in oprichting, stortingen inschrijvingen” (deed in Dutch)
- Director appointment, FRANKEN Kevin (director)
- Director appointment, TEYSEN Yanick Mariette Gustave (director)
- Pre-incorporation commitments, “takeover, rechten en verbintenissen uit rechtshandelingen in naam en voor rekening gesteld voor oprichting” (deed in Dutch)
- Pre-incorporation commitments, ratification, “verbintenissen aangegaan in tussenperiode” (deed in Dutch)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 25 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11332H0475/00D000 | Flanders | 6,671 m² | 1 · 1,439 m² | - |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Bouwrijp maken van terreinen; Grondverzet graven,ophogen,egaliseren en nivelleren van bouwterreinen,graven van sleuven en geulen,verwijderen…” (deed in Dutch)
14 activities (deed in Dutch)
- Bouwrijp maken van terreinen
- Grondverzet graven,ophogen,egaliseren en nivelleren van bouwterreinen,graven van sleuven en geulen,verwijderen van rotsen,grondverzet met behulp van explosieven
- Ruimen van bouwterreinen
- Overige gespecialiseerde bouwwerkzaamheden
- Landschapsverzorging
- Snoeien van bomen en heggen
- Aanleggen en onderhouden van tuinen,parken en het groene gedeelte van sportvelden
- Overige detailhandel,niet in winkels en exclusief markt- en straathandel
- Overige menselijke gezondheidszorg
- Uitbating van stallen voor paarden
- Aan- en Verkoop van ruiter- en paardenartikelen
- Aan- en Verkoop van grondstoffen en aanverwante artikelen voor paardenstalling in de meest ruime zin van de betekenis
- Aan- en verkoop van paardenvoeding en aanverwante artikelen
- Algemene dienstverlening onder meer freelance ondersteuning van ondernemingen en verenigingen in de meest ruime zin van de betekenis
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Friday of June at 20:00