Result
-€74,121 -€74,121
From profit to loss in 2025, after a profit of €65,991 in 2024.
FRANNICO
Lifetime
3 annual accounts with figures on one time axispeak €128,083 (2023)
-€1,439▼ €101,527
lowest -€74,121 (2025)
-€74,121▼ €140,112
peak €159,242 (2024)
€85,121▼ 46.5%
€414,494▲ 45×
Board2 names since 2023
2 directors and 1 other
Documentsfilings and deeds
01-07-202630 days before the deadline
2025micro format
Gross margin from €100,088 to -€1,439Loss of €74,121Equity from €159,242 to €85,121Debts from €9,233 to €414,494Investments €395,204
Key points
from the 2025 annual accountsDebts
€414,494 ▲ 45×
Debts rose by €405,261 in 2025.
Investments
€395,204 6.6 × depreciation
Green is investment, beige is depreciation.
Liquidity
24.21 was 13.19 in 2024
Short-term debts fell from €8,569 to €4,478.
Starting capital
€3,000 3,000 shares
Position in the sector
-€74,121
Lower net result than 95% of companies in employment activities. Sector median €14,021 · 1,024 companies.
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 690 companies had the same profile as FRANNICO has now. Each dot stands for 2 companies, two years later.
89.1%
were still trading
4.3%
stopped another way
5.2%
went bankrupt
Another 1.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 690 companies, not a prediction for FRANNICO. 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.
Credit verdict
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Signals
Board and ownership
Director, since 12-01-2023
Director, since 12-01-2023
- 1,500 sharesdeed of 16-01-2023
- 1,500 sharesdeed of 16-01-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0797107990
Incorporation
Founding capital of €3,000, 3,000 shares · Founders: and · Appointments: (director) and (director) · published on 16-01-2023 · Gazette deed
First establishment
Gaversesteenweg 816, Merelbeke-Melle
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FRANNICO Merelbeke-Melle | €0.5m | -€1,439 | 17.0% | - |
| Be Someone Interim Peer | €1.0m | -€4,725 | 6.6% | - |
| PCM Zaventem | €0.4m | €3,091 | 0.3% | - |
| EVDG Consulting Ixelles | €0.2m | -€22,950 | 78.3% | - |
| Must interim Belgium Zaventem | €0.2m | -€38,583 | -21.8% | - |
| CXC Global Belgium Charleroi | €1.1m | €1,011 | -2.4% | - |
| Essensys Professionals Woluwe-Saint-Pierre | €0.1m | -€83,660 | 49.6% | - |
These companies have the same main activity as FRANNICO: temporary employment agencies and other provision of personnel (NACE 78200). They are comparable in size and age: total assets between €148,000 and €1.1m, founded between 2020 and 2024.
Official details
Source: KBO- Status
- Active since 12-01-2023Normal situation
- Activity
- Temporary employment agencies and other provision of personnelNACE 78200
- Establishment unit
- 2.340.087.6839820 Merelbeke-Melle, since 12-01-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Annual accounts 2025
- €499,614▲ 197%
- Filing
- Filed on 01-07-2026, 30 days before the end of the filing period
Insights on FRANNICO
FRANNICO files the micro format. That format states no turnover. The gross margin fell from €128,083 in 2023 to -€1,439 in 2025.
The balance sheet grew most from 2024 to 2025 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.
Key facts about FRANNICO
- What is the company number of FRANNICO?
- The company number of FRANNICO is 0797.107.990. The VAT number is the same number with BE in front: BE 0797.107.990.
- Where is FRANNICO based?
- The registered office is at Gaversesteenweg 816, 9820 Merelbeke-Melle.Company details
- What does FRANNICO do?
- According to the KBO register, the main activity is temporary employment agencies and other provision of personnel (NACE 78200).
- What is the legal form of FRANNICO?
- FRANNICO is a private limited company (BV).
- When was FRANNICO founded?
- FRANNICO was founded on 12-01-2023.
- Is FRANNICO still active?
- Yes, FRANNICO is an active enterprise in the KBO register.
- What is the turnover of FRANNICO?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is FRANNICO profitable?
- In financial year 2025, FRANNICO made a loss of €74,121.
- Where can I find the annual accounts of FRANNICO?
- FRANNICO filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FRANNICO due?
- FRANNICO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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