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FRANKI

Active
Public limited companyfounded 196858 yrs activeChemin des Moissons 10, 4400 Flémalle, BelgiumKBO/BCE: BE 0402.973.335
Summary

FRANKI has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10.0m and a net result of -€594,425. Equity is growing by ~16.5% per year across the filed fiscal years. Its solvency ranks better than 40% of 851 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability24▼-39
Solvency51▲+1
Growth58▲+2
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500,000 at 30 days acceptable
Liquidity tight (current ratio 1.22 against 1.33 in 2024; short-term debt: 68.8% and cash: 10.5% of total assets), and 74.4% of the assets are financed with debt.
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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 date
Age against the risk zone
highest failure risk from 2 to 8 years 58 years 0 60 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
25.6%
Return on assets
-1.5%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 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 filings
Deviation from the deadline
2025
6 d late
2024
28 d early
2023
86 d late
2022
21 d late
2021
40 d late
2020
36 d early
2019
21 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 10 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% 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 21 August (4 of the last 5 filed years within 49 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 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

On 21 February 1968, FRANKI was incorporated.1 Revenue went from EUR 133 million in 2018 to EUR 98 million in 2025 and headcount from 259 to 141 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema

Turnover
€97.9m▲ 10.8%
2024 · €88.4m
EBIT margin
0.0%▼ 3.7pp
2024 · 3.8%
Net result
-€594,425
2024 · €2.3m
Working capital
€6.0m▼ 31.7%
2024 · €8.8m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, 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
Turnover€59.2m▼ 21.1%€71.6m▲ 20.9%€80.3m▲ 12.1%€88.4m▲ 10.1%€97.9m▲ 10.8%
Operating result-€3.7m▲ 34.1%€1.6m€3.0m▲ 92.6%€3.3m▲ 9.4%€19,700▼ 99.4%
Net result-€4.7mbelow the sector's middle half▲ 26.5%€223,955above the sector's middle half€2.0mabove the sector's middle half▲ 782%€2.3mabove the sector's middle half▲ 17.1%-€594,425below the sector's middle half
EBIT margin-6.3%▲ 1.2pp2.2%▲ 8.5pp3.8%▲ 1.6pp3.8%=0.0%▼ 3.7pp
Equity€2.1mabove the sector's middle half▼ 69.0%€6.3mabove the sector's middle half▲ 199%€8.3mabove the sector's middle half▲ 31.0%€10.6mabove the sector's middle half▲ 27.8%€10.0mabove the sector's middle half▼ 5.7%
Total assets€40.0mabove the sector's middle half▼ 15.8%€46.3mabove the sector's middle half▲ 15.6%€44.5mabove the sector's middle half▼ 3.8%€41.7mabove the sector's middle half▼ 6.3%€39.1mabove the sector's middle half▼ 6.3%
Debt€37.9m▼ 6.9%€39.9m▲ 5.4%€36.2m▼ 9.4%€31.1m▼ 14.2%€29.1m▼ 6.5%
Working capital€7.1mabove the sector's middle half▼ 45.1%€10.1mabove the sector's middle half▲ 42.9%€9.1mabove the sector's middle half▼ 9.5%€8.8mabove the sector's middle half▼ 3.3%€6.0mabove the sector's middle half▼ 31.7%
Solvency5.3%below the sector's middle half▼ 9.1pp13.7%below the sector's middle half▲ 8.4pp18.7%within the sector's middle half▲ 5.0pp25.5%within the sector's middle half▲ 6.8pp25.6%within the sector's middle half▲ 0.2pp
Current ratio1.27within the sector's middle half▼ 0.201.34within the sector's middle half▲ 0.071.32within the sector's middle half▼ 0.021.33within the sector's middle half▲ 0.021.22within the sector's middle half▼ 0.11
Return on assets (ROA)-11.8%below the sector's middle half▲ 1.7pp0.5%within the sector's middle half▲ 12.3pp4.4%within the sector's middle half▲ 4.0pp5.5%within the sector's middle half▲ 1.1pp-1.5%below the sector's middle half▼ 7.1pp
Staff (FTE)186.2above the sector's middle half▼ 18.1%163.3above the sector's middle half▼ 12.3%160.6above the sector's middle half▼ 1.7%146above the sector's middle half▼ 9.1%140.7above the sector's middle half▼ 3.6%
above within below the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€5.0m-€2.5m€0€2.5mOperating result 2021: -€3.7m-€3.7mNet result 2021: -€4.7m-€4.7mOperating result 2022: €1.6m€1.6mNet result 2022: €223,955€223,955Operating result 2023: €3.0m€3.0mNet result 2023: €2.0m€2.0mOperating result 2024: €3.3m€3.3mNet result 2024: €2.3m€2.3mOperating result 2025: €19,700€19,700Net result 2025: -€594,425-€594,42520212022202320242025-€1m€0€1m€2m€3mOperating result 2023: €3.0m€3mNet result 2023: €2.0m€2mOperating result 2024: €3.3m€3.3mNet result 2024: €2.3m€2.3mOperating result 2025: €19,700€19,700Net result 2025: -€594,425-€594,000202320242025
The operating result falls in 2025; 2025 is 99% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €39.1m
Fixed assets €6.2m ▼ 0.4%
Current assets €32.9m ▼ 7.3%
Equity and liabilities €39.1m
Equity €10.0m ▼ 5.7%
Debt €29.1m ▼ 6.5%
Debt's share of the balance-sheet total falls from 74.5% to 74.4%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€387,760▼
2024 · €3.7m
Cash flow
-€226,365▼
2024 · €2.7m
Quick ratio
1.21▼
2024 · 1.32
Debt to equity
2.90▼
2024 · 2.93
ROE
-5.9%▼
2024 · 21.8%
Interest coverage
0.97▼
2024 · 6.24
Debt ≤ 1 year
€26.9m▲
2024 · €26.7m
Debt > 1 year
€1.8m▼
2024 · €4.0m
Income taxes
€27,975▼
2024 · €204,330
Staff costs
€9.1m▼
2024 · €9.5m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 370 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 97% are still going.

  • Medium-sized
  • 20 years or older
  • solvency 10 to 30%
  • a small loss
0.5% went bankrupt
2.2% stopped otherwise
97% still going

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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.7%
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 75% 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 370 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 · 2025 against 2024 · 82 lines
Balance sheet Code20242025
Assets
Total assets20/58€41.7m€39.1m▼
Formation expenses20€0€0=
Fixed assets21/28€6.2m€6.2m▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€4.4m€4.1m▼
Land and buildings22€4.2m€3.9m▼
Plant, machinery and equipment23€235,010€168,515▼
Furniture and vehicles24€43,113€20,489▼
Leasing and similar rights25€3,076€1,020▼
Financial fixed assets28€1.7m€2.1m▲
Other financial fixed assets284/8€1.7m€2.1m▲
Shares284€134,172€130,847▼
Amounts receivable and cash guarantees285/8€1.6m€1.9m▲
Current assets29/58€35.5m€32.9m▼
Stocks and contracts in progress3€385,828€389,193▲
Stocks30/36€385,828€389,193▲
Raw materials and consumables30/31€385,828€389,193▲
Amounts receivable within one year40/41€33.2m€28.4m▼
Trade receivables40€20.6m€19.6m▼
Other amounts receivable41€12.6m€8.8m▼
Cash at bank and in hand54/58€1.8m€4.1m▲
Deferred charges and accrued income490/1€54,177€21,085▼
Equity and liabilities
Total equity and liabilities10/49€41.7m€39.1m▼
Equity10/15€10.6m€10.0m▼
Contributions10/11€12.3m€12.3m=
Capital10€12.3m€12.3m=
Issued capital100€12.3m€12.3m=
Revaluation surpluses12€2.5m€2.3m▼
Reserves13€1.0m€1.2m▲
Non-distributable reserves130/1€200,000€200,000=
Legal reserve130€200,000€200,000=
Tax-exempt reserves132€25,826€25,826=
Distributable reserves133€789,467€973,493▲
Profit (loss) carried forward14-€5.3m-€5.9m▼
Investment grants15€118,718€112,707▼
Amounts payable17/49€31.1m€29.1m▼
Amounts payable after more than one year17€4.0m€1.8m▼
Financial debts170/4€4.0m€1.8m▼
Subordinated loans170-€0
Unsubordinated bonds171€1.5m€928,571▼
Leasing and similar obligations172€1,202€0▼
Credit institutions173€1.7m€842,021▼
Other loans174€750,765€0▼
Amounts payable within one year42/48€26.7m€26.9m▲
Current portion of amounts payable after more than one year42€3.0m€3.5m▲
Trade debts44€13.5m€14.6m▲
Suppliers440/4€13.5m€14.6m▲
Taxes, remuneration and social security45€1.6m€1.3m▼
Taxes450/3€609,243€318,910▼
Remuneration and social security454/9€945,743€1.0m▲
Other amounts payable47/48€8.7m€7.4m▼
Accrued charges and deferred income492/3€440,953€403,408▼
Income statement Code20242025
Operating income70/76A€89.8m€98.5m▲
Turnover70€88.4m€97.9m▲
Other operating income74€1.4m€576,771▼
Non-recurring operating income76A€26,468-
Operating charges60/66A€86.5m€98.5m▲
Goods for resale, raw materials and consumables60€71.0m€83.4m▲
Purchases600/8€71.1m€83.4m▲
Change in stocks: decrease (increase)609-€149,540-€3,365▲
Services and other goods61€4.9m€5.4m▲
Remuneration, social security and pensions62€9.5m€9.1m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€359,607€368,060▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€0
Other operating charges640/8€713,441€160,463▼
Operating profit (loss)9901€3.3m€19,700▼
Financial income75/76B€40,379€93,080▲
Recurring financial income75€40,379€93,080▲
Other financial income752/9€40,379€93,080▲
Financial charges65/66B€848,937€679,230▼
Recurring financial charges65€848,937€679,230▼
Debt charges650€590,135€401,436▼
Other financial charges652/9€258,803€277,794▲
Profit (loss) for the period before taxes9903€2.5m-€566,450▼
Income taxes67/77€204,330€27,975▼
Taxes670/3€212,890€35,660▼
Tax adjustments and reversals of tax provisions77€8,560€7,686▼
Profit (loss) for the period9904€2.3m-€594,425▼
Profit (loss) for the period to be appropriated9905€2.3m-€594,425▼
Appropriation of the result
Profit (loss) to be appropriated9906-€5.3m-€5.9m▼
Profit (loss) brought forward from the previous period14P-€7.6m-€5.3m▲
Social balance
Average headcount (FTE)9087146.0140.7▼

The notes to these accounts (76 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A€61.4m€73.1m€81.7m€89.8m€98.5m▲ 9.7%
Turnover70€59.2m€71.6m€80.3m€88.4m€97.9m▲ 10.8%
Other operating income74€2.1m€1.5m€1.4m€1.4m€576,771▼ 57.8%
Non-recurring operating income76A---€26,468--
Operating charges60/66A€65.1m€71.5m€78.7m€86.5m€98.5m▲ 13.9%
Goods for resale, raw materials and consumables60€49.4m€56.9m€62.6m€71.0m€83.4m▲ 17.5%
Purchases600/8€49.4m€56.9m€62.6m€71.1m€83.4m▲ 17.3%
Change in stocks: decrease (increase)609€16,923-€0-€149,540-€3,365▲ 97.7%
Services and other goods61€4.5m€4.7m€5.2m€4.9m€5.4m▲ 11.0%
Remuneration, social security and pensions62€10.1m€9.0m€10.1m€9.5m€9.1m▼ 4.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€412,604€333,442€344,540€359,607€368,060▲ 2.4%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€151,084---€0-
Other operating charges640/8€780,987€604,182€467,465€713,441€160,463▼ 77.5%
Operating profit (loss)9901-€3.7m€1.6m€3.0m€3.3m€19,700▼ 99.4%
Financial income75/76B€68,961€17,254€19,051€40,379€93,080▲ 131%
Recurring financial income75€68,961€17,254€19,051€40,379€93,080▲ 131%
Other financial income752/9€68,961€17,254€19,051€40,379€93,080▲ 131%
Financial charges65/66B€1.1m€1.4m€841,937€848,937€679,230▼ 20.0%
Recurring financial charges65€1.1m€1.4m€841,937€848,937€679,230▼ 20.0%
Debt charges650€632,475€899,549€604,474€590,135€401,436▼ 32.0%
Other financial charges652/9€421,026€452,075€237,463€258,803€277,794▲ 7.3%
Profit (loss) for the period before taxes9903-€4.7m€244,684€2.2m€2.5m-€566,450▼ 123%
Income taxes67/77€28,973€20,729€243,100€204,330€27,975▼ 86.3%
Taxes670/3€29,605€26,359€252,180€212,890€35,660▼ 83.2%
Tax adjustments and reversals of tax provisions77€632€5,629€9,079€8,560€7,686▼ 10.2%
Profit (loss) for the period9904-€4.7m€223,955€2.0m€2.3m-€594,425▼ 126%
Profit (loss) for the period to be appropriated9905-€4.7m€223,955€2.0m€2.3m-€594,425▼ 126%
Line20212022202320242025Change
Assets
Total assets20/58€40.0m€46.3m€44.5m€41.7m€39.1m▼ 6.3%
Formation expenses20---€0€0-
Fixed assets21/28€6.7m€6.3m€6.4m€6.2m€6.2m▼ 0.4%
Intangible fixed assets21---€0€0-
Tangible fixed assets22/27€5.0m€4.7m€4.7m€4.4m€4.1m▼ 7.7%
Land and buildings22€4.9m€4.6m€4.4m€4.2m€3.9m▼ 6.0%
Plant, machinery and equipment23€45,123€16,951€286,611€235,010€168,515▼ 28.3%
Furniture and vehicles24€41,505€27,232€50,542€43,113€20,489▼ 52.5%
Leasing and similar rights25€42,171€21,539€5,132€3,076€1,020▼ 66.9%
Other tangible fixed assets26--€0---
Assets under construction and advance payments27--€0---
Financial fixed assets28€1.7m€1.7m€1.7m€1.7m€2.1m▲ 18.2%
Other financial fixed assets284/8€1.7m€1.7m€1.7m€1.7m€2.1m▲ 18.2%
Shares284€128,372€128,372€129,872€134,172€130,847▼ 2.5%
Amounts receivable and cash guarantees285/8€1.5m€1.5m€1.6m€1.6m€1.9m▲ 20.0%
Current assets29/58€33.4m€39.9m€38.1m€35.5m€32.9m▼ 7.3%
Stocks and contracts in progress3€236,287€236,287€236,287€385,828€389,193▲ 0.9%
Stocks30/36€236,287€236,287€236,287€385,828€389,193▲ 0.9%
Raw materials and consumables30/31€236,287€236,287€236,287€385,828€389,193▲ 0.9%
Amounts receivable within one year40/41€30.6m€33.8m€34.9m€33.2m€28.4m▼ 14.6%
Trade receivables40€13.4m€15.7m€15.9m€20.6m€19.6m▼ 4.8%
Other amounts receivable41€17.2m€18.1m€19.0m€12.6m€8.8m▼ 30.6%
Cash at bank and in hand54/58€2.5m€5.9m€3.0m€1.8m€4.1m▲ 126%
Deferred charges and accrued income490/1€45,536€75,162€47,465€54,177€21,085▼ 61.1%
Equity and liabilities
Total equity and liabilities10/49€40.0m€46.3m€44.5m€41.7m€39.1m▼ 6.3%
Equity10/15€2.1m€6.3m€8.3m€10.6m€10.0m▼ 5.7%
Contributions10/11€8.3m€12.3m€12.3m€12.3m€12.3m=
Capital10€8.3m€12.3m€12.3m€12.3m€12.3m=
Issued capital100€8.3m€12.3m€12.3m€12.3m€12.3m=
Revaluation surpluses12€3.0m€2.9m€2.7m€2.5m€2.3m▼ 7.4%
Reserves13€463,213€647,240€831,266€1.0m€1.2m▲ 18.1%
Non-distributable reserves130/1€200,000€200,000€200,000€200,000€200,000=
Legal reserve130€200,000€200,000€200,000€200,000€200,000=
Tax-exempt reserves132€25,826€25,826€25,826€25,826€25,826=
Distributable reserves133€237,387€421,413€605,440€789,467€973,493▲ 23.3%
Profit (loss) carried forward14-€9.8m-€9.6m-€7.6m-€5.3m-€5.9m▼ 11.2%
Investment grants15€136,751€130,740€124,729€118,718€112,707▼ 5.1%
Amounts payable17/49€37.9m€39.9m€36.2m€31.1m€29.1m▼ 6.5%
Amounts payable after more than one year17€11.4m€9.9m€6.9m€4.0m€1.8m▼ 55.3%
Financial debts170/4€11.4m€9.9m€6.9m€4.0m€1.8m▼ 55.3%
Subordinated loans170----€0-
Unsubordinated bonds171€2.8m€2.8m€2.2m€1.5m€928,571▼ 40.0%
Leasing and similar obligations172€29,615€5,600€3,480€1,202€0▼ 100%
Credit institutions173€4.4m€3.5m€2.6m€1.7m€842,021▼ 49.4%
Other loans174€4.3m€3.6m€2.2m€750,765€0▼ 100%
Amounts payable within one year42/48€26.3m€29.9m€29.0m€26.7m€26.9m▲ 0.8%
Current portion of amounts payable after more than one year42€2.2m€2.8m€6.3m€3.0m€3.5m▲ 19.4%
Trade debts44€14.9m€16.6m€10.4m€13.5m€14.6m▲ 8.6%
Suppliers440/4€14.9m€16.6m€10.4m€13.5m€14.6m▲ 8.6%
Taxes, remuneration and social security45€1.7m€1.4m€1.7m€1.6m€1.3m▼ 13.7%
Taxes450/3€302,961€437,926€593,371€609,243€318,910▼ 47.7%
Remuneration and social security454/9€1.4m€1.0m€1.1m€945,743€1.0m▲ 8.2%
Other amounts payable47/48€7.5m€9.0m€10.5m€8.7m€7.4m▼ 15.0%
Accrued charges and deferred income492/3€168,365€229,303€294,109€440,953€403,408▼ 8.5%
Line20212022202320242025Change
Profit (loss) for the period9904-€4.7m€223,955€2.0m€2.3m-€594,425▼ 126%
+ Depreciation and write-downs630€412,604€333,442€344,540€359,607€368,060▲ 2.4%
Operating cash flow (approximation)-€4.3m€557,397€2.3m€2.7m-€226,365▼ 108%
Investment in fixed assets (approximation)--€621-€399,550-€154,051-€342,473▼ 122%
Change in cash-€3.3m-€2.9m-€1.1m€2.3m▲ 301%

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
15-09
State Gazette act Reappointments: EY Réviseurs d'entreprises, Johan Willemen and 5 others
Permanent representative: Alexis Van Lede · Appointment: Marc Jonckheere (managing director)10 facts ▸
  • Board meeting, 26-06-2026
  • Auditor reappointment, EY Réviseurs d'entreprises
  • Permanent representative, Alexis Van Lede (permanent representative)
  • Director reappointment, Johan Willemen (director)
  • Director reappointment, Tom Willemen (director)
  • Director reappointment, MaNaJo Beheer CommV (director)
  • Director reappointment, Sidharta Consulting bv (director)
  • Director reappointment, Noshag SA (director)
  • Director reappointment, SPARAXIS (director)
  • Director appointment, Marc Jonckheere (managing director)
06-08
NBB filing Annual accounts filed
fiscal year 2025 · full schema · 6 days late
2025
03-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Highest result since 2018net €2.3m ▲17.1%
Operating result €3.3m, net result €2.3m, both a record.
31-12
Financial Equity above €10mEq €10.6m ▲27.8%
3 profitable years in a row build equity to €10.6m.
25-10
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 86 days late
2023
21-08
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 21 days late
2022
31-12
Financial Back to profitnet €223,955
Net result €223,955 after 2 loss-making years.
31-12
Financial Equity above €5mEq €6.3m ▲199%
Equity rises from €2.1m to €6.3m.
09-09
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 40 days late
2021
25-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Equity above €5mEq €6.8m ▲67.7%
Equity rises from €4.1m to €6.8m.
Show earlier events
10-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial Back to profitnet €1.4m
Net result €1.4m after one loss-making year.
12-11
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 104 days late
2018
27-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
19-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 33 acts read
About the unread acts

Of the 33 Belgian State Gazette acts we know for this company, 1 has been read. The other 32 have not 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
under verification, last change in 2026
This board is reconstructed from a single act (26115695). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.

Board 7

MaNaJo Beheer CommV
Director · Legal entity · perm. rep.: Marc Jonckheere
Current
Noshag SA
Director · Legal entity · perm. rep.: Fabian Marcq
Current
Sidharta Consulting bv
Director · Legal entity · perm. rep.: Django Liénart
Current
SPARAXIS
Director · Legal entity · perm. rep.: Alexis Van Lede
Current
Tom Willemen
Director
Current
Current
Johan Willemen
Director · from a recent act
Current

Day-to-day management 1

Marc Jonckheere
Managing director · since 15-09-2026
Current

Permanent representatives 4

Alexis Van Lede
Permanent representative · for SPARAXIS
Current
Django Liénart
Permanent representative · for Sidharta Consulting bv
Current
Fabian Marcq
Permanent representative · for Noshag SA
Current
Marc Jonckheere
Permanent representative · for MaNaJo Beheer CommV
Current

Statutory auditor 1

EY Réviseurs d'entreprises
Auditor · since 15-09-2026 · perm. rep.: Emilie Van Callemont
Current
"From a recent act": read from a Gazette act not yet processed into our list of directors.
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
32 of this company's 33 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Flémalle · 1 establishment unit since 1968
seat establishment approximate The establishment unit on the map
Ground area
1,970 m²
Parcel 62055C0200/00X000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Chemin des Moissons 10, 4400 Flémalle
Manufacture of machinery and equipment not elsewhere classified
since 19682.001.812.952
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62055C0200/00X000 Wallonia 1,969 m² - -
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.

Mandate history

9 people since 2026, 9 in office
Show
  • Board
  • Day-to-day management
  • Statutory auditor
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Johan Willemenfrom an act
  • Director, already before 15-09-2026 to date
MaNaJo Beheer CommV
  • Director, already before 15-09-2026 to date
Noshag SA
  • Director, already before 15-09-2026 to date
Sidharta Consulting bv
  • Director, already before 15-09-2026 to date
SPARAXIS
  • Director, already before 15-09-2026 to date
Tom Willemen
  • Director, already before 15-09-2026 to date
Willemen, Johannes Maria
  • Director, already before 15-09-2026 to date
Marc Jonckheere
  • Managing director, from 15-09-2026 to date
EY Réviseurs d'entreprises
  • Auditor, from 15-09-2026 to date
See the board, name and seat on a given date →

Structure & network

Owners and holdings

5 owners

Chain of control

  1. COSIMCO 100%
  2. FRANKI CONSTRUCT 86.33%
  3. FRANKI

Highest known parent: COSIMCO. The sources do not say who stands above it.

Owners 5

Holdings 0

The accounts to 31-12-2025 list no holdings, and no other source names one.

According to the 2025 annual accounts of FRANKI and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

23 connected companies
Linked via shared directors
Show 19 more companies with a shared director
→
WILLEMEN GROEP
via Tom Willemen · Permanent representative
→
former→
BUILDWISE
via Willemen, Johannes Maria · Administrateur, président du conseil général, président du comité permanent
former→
former→
former→
former→
Tejas
via Tom Willemen · Permanent representative
former→

Recognitions · licences · registrations

Recognised contractor

20 categories
FRANKI SA07596
category D, class 8 · category D1, class 8 · category D13, class 5 · category D16, class 7 · category D17, class 5 · category D18, class 6 · category D20, class 6 · category D29, class 5 · category D4, class 6 · category D5, class 7 · category D7, class 4 · category D8, class 6 · category E, class 8 · category E1, class 8 · category G, class 6 · category G5, class 3 · category P1, class 7 · category P2, class 5 · category P3, class 5 · category S1, class 5
decision 24-09-2024

Similar companies · same sector, comparable size

Of 29,787 companies in sector 41001 we hold annual accounts for 16,056. 1,038 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded21-02-1968
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
41003General construction of other non-residential buildings
Contact
E-mail info@franki.be
E-mail info@reforme-sa.be
Phone 04 250 51 50
Fax 04 250 53 51
E-invoicing
Reachable via Peppol
Peppol ID 0208:0402973335
Also 9925:BE0402973335
Registered 13-11-2025

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

Register as of 28 September 2026 · Peppol Directory

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