FRANQUET
ActiveFRANQUET has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €636k and a net result of €812k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 35% of 7692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency57▼-29
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 1.55 against 2.47 in 2024; short-term debt: 61.6% and cash: 34.7% of total assets), but 67.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
32.1%
Return on assets
41%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €636k
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
21 d late
2024
36 d early
2023
40 d early
2022
26 d early
2021
31 d early
2020
22 d early
2019
15 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€812k▲ 35.0%
2024 · €602k
2018: €92k
2019: €496k
2020: €261k
2021: €300k
2022: €746k
2023: €869k
2024: €602k
2018 → 2025
Working capital
€672k▲ 20.3%
2024 · €559k
2018: €-67k
2019: €46k
2020: €78k
2021: €-9k
2022: €-4k
2023: €-39k
2024: €559k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€21k-€21k=€21k=€623k▲ 2,850%€636k▲ 2.0%
Operating result€337k-€865k▲ 157%€1.04M▲ 20.7%€800k▼ 23.4%€1.09M▲ 36.3%
Net result€300k-€746k▲ 148%€869k▲ 16.4%€602k▼ 30.7%€812k▲ 35.0%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 36% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.98M
Fixed assets
€88k▼ 2.2%
Current assets
€1.89M▲ 102%
Equity and liabilities €1.98M
Equity
€636k▲ 2.0%
Debt
€1.34M▲ 232%
The debt ratio rises from 39.4% to 67.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.11M▲
2024 · €826k
Cash flow
€837k▲
2024 · €629k
Solvency
32.1%▼
2024 · 60.6%
Current ratio
1.55▼
2024 · 2.47
Quick ratio
1.27▼
2024 · 1.79
Debt / equity
2.12▲
2024 · 0.65
ROE
127.8%▲
2024 · 96.6%
ROA
41.0%▼
2024 · 58.5%
Interest coverage
157.36▲
2024 · 156.89
Debt
€1.34M▲
2024 · €405k
Debt ≤ 1 year
€1.22M▲
2024 · €380k
Income taxes
€277k▲
2024 · €200k
Staff costs
€943k▲
2024 · €827k
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€1.03M€1.98M▲
Fixed assets21/28€90k€88k▼
Intangible fixed assets21€5k€1k▼
Tangible fixed assets22/27€52k€56k▲
Land and buildings22€32k€25k▼
Plant, machinery and equipment23€0-
Furniture and vehicles24€20k€31k▲
Financial fixed assets28€33k€31k▼
Current assets29/58€939k€1.89M▲
Stocks and contracts in progress3€258k€344k▲
Stocks30/36€189k€285k▲
Contracts in progress37€69k€59k▼
Amounts receivable within one year40/41€482k€845k▲
Trade receivables40€455k€754k▲
Other amounts receivable41€27k€91k▲
Cash at bank and in hand54/58€190k€686k▲
Deferred charges and accrued income490/1€8k€17k▲
Equity and liabilities
Total equity and liabilities10/49€1.03M€1.98M▲
Equity10/15€623k€636k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€602k€614k▲
Amounts payable17/49€405k€1.34M▲
Amounts payable within one year42/48€380k€1.22M▲
Trade debts44€90k€309k▲
Suppliers440/4€83k€309k▲
Bills of exchange payable441€7k€0▼
Advances received on contracts in progress46€500€3k▲
Taxes, remuneration and social security45€135k€108k▼
Taxes450/3€41k€9k▼
Remuneration and social security454/9€94k€99k▲
Other amounts payable47/48€155k€800k▲
Accrued charges and deferred income492/3€26k€125k▲
Income statement
Code20242025
Non-recurring operating income76A€6k€2k▼
Remuneration, social security and pensions62€827k€943k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€25k▼
Other operating charges640/8€8k€8k▲
Non-recurring operating charges66A€1k€8k▲
Gross operating margin9900€1.66M€2.07M▲
Operating profit (loss)9901€800k€1.09M▲
Financial income75/76B€8k€7k▼
Recurring financial income75€8k€7k▼
Financial charges65/66B€5k€7k▲
Recurring financial charges65€5k€7k▲
Profit (loss) for the period before taxes9903€802k€1.09M▲
Income taxes67/77€200k€277k▲
Profit (loss) for the period9904€602k€812k▲
Profit (loss) for the period to be appropriated9905€602k€812k▲
Appropriation of the result
Profit (loss) to be appropriated9906€602k€1.41M▲
Profit (loss) brought forward from the previous period14P-€602k
Profit to be distributed694/7€0€800k▲
Return on contributions (dividend)694€0€800k▲
Directors or managers695€0-
Social balance
Average headcount (FTE)908714.114.6▲
The notes to these accounts (22 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
31-08
State Gazette act
Board meeting · Director appointment
Permanent representative · Mandate compensation
21-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 21 days late
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Liquidity triplescurrent ratio 2.47
Current ratio from 0.96 to 2.47; short-term debt falls from €1.10M to €380k.
31-12
Financial
Equity above €500kEq €623k ▲2850%
7 profitable years in a row build equity to €623k.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €869k ▲16.4%
Net result €869k, the highest in the series.
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Equity above €150kEq €182k ▲764%
3 profitable years in a row build equity to €182k.
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
14-07
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.
Directors · office · real estate
Directors
8 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, Mons · 1 establishment unit since 1992
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.
Rue des Sandrinettes 147033 MonsGround area
4,990 m²
Building footprint
545 m²
Volume, LiDAR
2,759 m³
Parcel 53019A0247/00Y004, Wallonia · tallest building 5.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FRANQUET SPRL
since 19922.055.576.092
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53019A0247/00Y004 | Wallonia | 4,990 m² | 1 · 545 m² | 5.6 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.
Recognitions · licences · registrations
Recognised contractor
5 categoriesFRANQUET SRL19456
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Elektriciteitswerken Feys
BE 0438.353.094
Oostkamp · Eq €633k
HEATREX
BE 0644.820.861
Wielsbeke · Eq €632k
A.L.L.
BE 0465.649.884
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Of 22,822 companies in sector 43211 we hold annual accounts for 10,324. 5,889 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-12-1991
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.