Equity
FRANKK has made a profit without a break since 2011.
FRANKK has made a profit without a break since 2011.
Seven of the last ten came late. The 2020 accounts came latest: 207 days after the end of the period.
Higher net result than 92% of companies in retail trade. Sector median €4,763 · 25,208 companies.
In July 2024, 31,356 companies had the same profile as FRANKK has now. Each dot stands for 79 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,356 companies, not a prediction for FRANKK. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| FRANKK Mechelen | €384,974 | €102,119 | 83.7% | - |
| ASIA FOOD Antwerp | €371,214 | €94,478 | 63.6% | - |
| LE PETIT MARCHE Liège | €420,871 | €92,779 | 73.9% | - |
| 93 Wemmel | €402,353 | €121,040 | -2.3% | 3.7 |
| PHIMAG Saint-Léger (Lux.) | €362,322 | €111,768 | 62.3% | 2.6 |
| HET GROENSELHOF Hamme (Vl.) | €442,365 | €127,862 | 64.2% | - |
| MAKKAR Liège | €327,215 | €100,132 | 60.2% | - |
These companies have the same main activity as FRANKK: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €327,000 and €442,000, founded between 1990 and 1999.
FRANKK files the micro format. That format states no turnover. The gross margin rose from €5,073 in 2006 to €102,119 in 2025.
The balance sheet grew most in 2015 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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