Losses
-€196,262 in five years
Every financial year from 2021 to 2025 closed with a loss. 2023 was the heaviest.
Frannita
Lifetime
11 annual accounts with figures on one time axisGross marginpeak €199,997 (2019)
-€23,107▼ €11,638
Resultlowest -€66,091 (2023)
-€37,867▲ €26,878
Equitypeak €644,255 (2020)
€445,764▼ 7.8%
Debts
€103,112▲ 45.1%
Board2 names since 2022
-
Documentsfilings and deeds
23-12-202539 days before the deadline
2025micro format
Gross margin from -€11,469 to -€23,107Loss of €37,867Debts from €71,059 to €103,112Cash from €11,686 to €2,829
Key points
from the 2025 annual accountsFilings
11 annual accounts since 2015
The last five annual accounts were filed 39 to 42 days before the end of the period.
Position in the sector
-€37,867
Lower net result than 95% of companies in office administrative support. Sector median €16,240 · 9,671 companies.
Turnover not published (micro format)
Checked score
88
Excellent
Financially stronger than 40% of micro companies in office administrative support (NACE 82)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 12,676 companies (NACE 82, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%highest value
01-2025: 0.2%▼ -0.1 percentage points vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026lowest value
06-2026: 0.2%● unchanged vs 05-2026lowest value
07-2026: 0.2%● unchanged vs 06-2026lowest value
08-2026: 0.2%● unchanged vs 07-2026lowest value
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 2.92, cash €2,829, halved
Loss of €37,867, the second in a row (financial year 2025)
lowers risk
Size: total assets €548,876
Equity €445,764 (81.2% of total assets)
Calculation
The band follows from the bankruptcy probability. 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 82, micro). It does better than 88% of them on solvency, 29% on liquidity, 13% on profitability and 28% on growth.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,686 companies had the same profile as Frannita has now. Each dot stands for 7 companies, two years later.
93.7%
were still trading
5.4%
stopped another way
0.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Frannita itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,446 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 2,686 companies, not a prediction for Frannita. 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
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.92 (4.31 in 2024), above the usual 1.5. Short-term debt is 18.8% and cash 0.5% of total assets. 18.8% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€37,867
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-12-2025, 39 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
39 days early
2024
42 days early
2023
41 days early
2022
42 days early
2021
41 days early
2020
44 days early
2019
39 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 41 days before the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 21 December (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end05-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0552570792
Changes of role: Steven Devooght (director) and Carine Devooght (director)
General meeting of 21-03-2024 · Gazette deed
Incorporation
published on 21-05-2014 · Gazette deed
First establishment
Ruiseledesteenweg 98, Wingene
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| Frannita Wingene | €548,876 | -€23,107 | 81.2% | - |
| HILFIDO Kortrijk | €563,800 | -€487 | 99.7% | - |
| TRMV Oudsbergen | €468,887 | -€22,798 | 25.2% | - |
| T-Digital Arts Antwerp | €440,568 | -€24,023 | -16.3% | - |
| SEPHI Chièvres | €577,708 | -€15,081 | -36.9% | 0 |
| Administration & Construction Services Antwerp | €697,316 | -€45,914 | -19.3% | - |
| RUDI VAN STAPPEN Putte | €660,877 | -€15,201 | 99.3% | - |
These companies have the same main activity as Frannita: office administrative and support services (NACE 82100). They are comparable in size and age: total assets between €441,000 and €697,000, founded between 2011 and 2015.
Official details
Source: KBO- Status
- Active since 09-05-2014Normal situation
- Activity
- Office administrative and support servicesNACE 82100and 2 others
- Establishment unit
- 2.232.543.9818750 Wingene, since 09-05-2014
- Financial year end
- 30 June
- Peppol
- Reachable since 19-11-2025
Annual accounts to 30-06-2025
- Total assets
- €548,876▼ 1.0%
- Filing
- Filed on 23-12-2025, 39 days before the end of the filing period
Insights on Frannita
Frannita files the micro format. That format states no turnover. The gross margin fell from -€7,295 in 2015 to -€23,107 in 2025.
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 Frannita
- What is the company number of Frannita?
- The company number of Frannita is 0552.570.792. The VAT number is the same number with BE in front: BE 0552.570.792.
- Where is Frannita based?
- The registered office is at Ruiseledesteenweg 98, 8750 Wingene.Company details
- What does Frannita do?
- According to the KBO register, the main activity is office administrative and support services (NACE 82100).
- What is the legal form of Frannita?
- Frannita is a private limited company (BV).
- When was Frannita founded?
- Frannita was founded on 09-05-2014.
- Is Frannita still active?
- Yes, Frannita is an active enterprise in the KBO register.
- What is the turnover of Frannita?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is Frannita profitable?
- In financial year 2025, Frannita made a loss of €37,867.
- Where can I find the annual accounts of Frannita?
- Frannita filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Frannita due?
- Frannita must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.