Franken.be
ActiveFranken.be has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.25M and a net result of €183k. Equity is growing by ~47.4% per year across the filed fiscal years. Its solvency ranks better than 58% of 621 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
93
/ 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▼-26
Solvency96=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120k at 30 days acceptable
Liquidity ample (current ratio 2.7 against 2.8 in 2024), and 49% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
51%
Return on assets
7.5%
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 16
Relative position
BE, all sectors
reference
Sector 16
higher
← fewer bankruptcies
more bankruptcies →
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
29 d late
2023
30 d late
2022
28 d early
2021
61 d late
2020
26 d early
2019
44 d early
← before the deadline
after the deadline →
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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.25M▲ 10.0%
2024 · €1.13M
2018: €304k
2019: €311k
2020: €221k
2021: €221k
2022: €144k
2023: €939k
2024: €1.13M
2018 → 2025
Total assets
€2.44M▲ 9.9%
2024 · €2.22M
2018: €1.57M
2019: €1.34M
2020: €892k
2021: €949k
2022: €891k
2023: €1.73M
2024: €2.22M
2018 → 2025
Net result
€183k▼ 18.2%
2024 · €224k
2018: €389k
2019: €72k
2020: €-90k
2021: €259
2022: €-78k
2023: €165k
2024: €224k
2018 → 2025
Working capital
€973k▲ 12.9%
2024 · €862k
2018: €632k
2019: €598k
2020: €454k
2021: €463k
2022: €373k
2023: €631k
2024: €862k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€221k-€144k▼ 35.1%€939k▲ 553%€1.13M▲ 20.7%€1.25M▲ 10.0%
Operating result€12k-€-66k€188k€293k▲ 55.7%€250k▼ 14.5%
Net result€259-€-78k€165k€224k▲ 35.6%€183k▼ 18.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 15% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.44M
Fixed assets
€900k▲ 1.8%
Current assets
€1.54M▲ 15.2%
Equity and liabilities €2.44M
Equity
€1.25M▲ 10.0%
Debt
€1.20M▲ 9.8%
The debt ratio falls from 49.1% to 49.0%: equity grows faster than debt.
Key figures and ratios
EBITDA
€300k▼
2024 · €323k
Cash flow
€233k▼
2024 · €254k
Solvency
51.0%▲
2024 · 50.9%
Current ratio
2.70▼
2024 · 2.80
Quick ratio
2.56▼
2024 · 2.68
Debt / equity
0.96▼
2024 · 0.96
ROE
14.7%▼
2024 · 19.8%
ROA
7.5%▼
2024 · 10.1%
Interest coverage
10.19▲
2024 · 10.14
Debt
€1.20M▲
2024 · €1.09M
Debt ≤ 1 year
€571k▲
2024 · €478k
Debt > 1 year
€242k▼
2024 · €288k
Income taxes
€40k▲
2024 · €39k
Staff costs
€806k▼
2024 · €846k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.22M€2.44M▲
Fixed assets21/28€884k€900k▲
Intangible fixed assets21€4k€30▼
Tangible fixed assets22/27€877k€897k▲
Land and buildings22€758k€757k▼
Plant, machinery and equipment23€99k€127k▲
Furniture and vehicles24€20k€14k▼
Financial fixed assets28€3k€3k=
Current assets29/58€1.34M€1.54M▲
Stocks and contracts in progress3€57k€85k▲
Stocks30/36€57k€85k▲
Amounts receivable within one year40/41€967k€1.13M▲
Trade receivables40€442k€568k▲
Other amounts receivable41€525k€558k▲
Cash at bank and in hand54/58€285k€290k▲
Deferred charges and accrued income490/1€31k€43k▲
Equity and liabilities
Total equity and liabilities10/49€2.22M€2.44M▲
Equity10/15€1.13M€1.25M▲
Contributions10/11€55k€55k=
Revaluation surpluses12€630k€630k=
Reserves13€448k€561k▲
Non-distributable reserves130/1€6k€0▼
Reserves not available under the articles1311€6k€0▼
Tax-exempt reserves132€11k€11k=
Distributable reserves133€431k€550k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€1.09M€1.20M▲
Amounts payable after more than one year17€288k€242k▼
Financial debts170/4€288k€242k▼
Amounts payable within one year42/48€478k€571k▲
Current portion of amounts payable after more than one year42€121k€103k▼
Trade debts44€171k€210k▲
Suppliers440/4€171k€210k▲
Taxes, remuneration and social security45€156k€188k▲
Taxes450/3€69k€109k▲
Remuneration and social security454/9€87k€79k▼
Other amounts payable47/48€30k€70k▲
Accrued charges and deferred income492/3€325k€385k▲
Income statement
Code20242025
Remuneration, social security and pensions62€846k€806k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€50k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-8k
Other operating charges640/8€20k€28k▲
Gross operating margin9900€1.19M€1.13M▼
Operating profit (loss)9901€293k€250k▼
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€32k€29k▼
Recurring financial charges65€32k€29k▼
Profit (loss) for the period before taxes9903€263k€223k▼
Income taxes67/77€39k€40k▲
Profit (loss) for the period9904€224k€183k▼
Profit (loss) for the period to be appropriated9905€224k€183k▼
Appropriation of the result
Profit (loss) to be appropriated9906€222k€183k▼
Profit (loss) brought forward from the previous period14P€-2k€0▲
Transfer to equity691/2€192k€113k▼
To other reserves6921€192k€113k▼
Profit to be distributed694/7€30k€70k▲
Directors or managers695€30k€70k▲
Social balance
Average headcount (FTE)908713.212.2▼
The notes to these accounts (25 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
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
31-12
Financial
Equity above €1MEq €1.13M ▲20.7%
2 profitable years in a row build equity to €1.13M.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial
Back to profitnet €165k
Net result €165k after one loss-making year.
31-12
Financial
Equity above €500kEq €939k ▲553%
Equity rises from €144k to €939k.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 61 days late
2021
31-12
Financial
Back to profitnet €259
Net result €259 after one loss-making year.
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-90k ▼225%
Net result drops to €-90k, the lowest in the series; recovery starts the following year.
17-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
04-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
01-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Kluisbergen · 1 establishment unit since 1993
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.
Oudenaardebaan 169690 KluisbergenGround area
8,688 m²
Building footprint
2,673 m²
Volume, LiDAR
15,845 m³
Parcel 45002A0758/02L000, Flanders · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FRANKEN
since 19932.062.377.772
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45002A0758/02L000 | Flanders | 8,688 m² | 1 · 2,673 m² | 6.7 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
2022 to 2025 · 7 entries · 35,550 EUR awarded · 35,220 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 718 EUR | 1,280 EUR |
| 2024 | 2 | 5,753 EUR | 7,215 EUR |
| 2023 | 2 | 13,353 EUR | 12,552 EUR |
| 2022 | 2 | 15,726 EUR | 14,173 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Werkbaarheidscheque (stopgezet)
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Of 1,594 companies in sector 16230 we hold annual accounts for 777. 388 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-05-1993
Fiscal year end31-12
Activities, NACEBEL
16230Manufacture of other builders' carpentry and joinery
20300
74105Other professional, scientific and technical activities
74140Other specialised design activities
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
70200Business and other management consultancy
70220Business consulting
73110Advertising agencies
74401
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.