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FRANQUET

Active
Private limited companyfounded 1991active for 34 yearsRue des Sandrinettes 14, 7033 Mons, BelgiumKBO/BCE: BE 0446.057.171
Summary

FRANQUET has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €635,526 and a net result of €812,443. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 35% of 9,898 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 12-12-1991 Normal situation
Activity
General electrical installation work NACE 43211
Joint committees
200 Aanvullend Paritair Comité voor de bedienden
149 Paritair Comité voor de sectors die aan de metaal-, machine- en elektrische bouw verwant zijn · annual accounts 2025
Establishment unit
2.055.576.092 7033 Mons, since 09-01-1992
Financial year end
31 December
Peppol
Reachable since 15-12-2025

Board and ownership

Board
  • GARAVIANDaily manager · permanent representative André Mollet
  • BDH PROJECTSDaily manager · permanent representative Bertrand Dhulst
  • MILLUXDaily manager · permanent representative Frédéric Labis
and 1 other
Auditor
Callens Vandelanotte SRL
Shareholders
  • BeliPact2025 annual accounts of BeliPact
  • GARAVIAN· score 922024 annual accounts of GARAVIAN

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€2.1m
▲ 24.8%
Turnover
≈ €5.7m
estimated
Profit
€812,443
▲ 35.0%
Equity
€635,526
▲ 2.0%
Total assets
€2.0m
▲ 92.5%
Employees on 31-12-2025
15
▲ 15.4%
  • 2025 accounts filed 21 days after the deadline
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 1.55, cash €686,245Founded in 1991Profit of €812,443 (financial year 2025)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 64% of small companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 57-29
equity 32.1% of total assets
Liquidity 61+5
short-term debt 61.6% · cash 34.7%
Profitability 100=
return on assets 41.0%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,649 companies, NACE 43, small)
Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025highest value 03-2025: 0.4%● unchanged vs 02-2025highest value 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.1%▼ -0.3 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.1%▼ -0.1 percentage points vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €60,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.55 (2.47 in 2024), above the usual 1.5. Short-term debt is 61.6% and cash 34.7% of total assets. However, 67.9% of the assets are financed with debt and provisions.
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 43, small). It does better than 41% of them on solvency, 77% on liquidity, 98% on profitability and 39% on growth.

The bankruptcy probability was computed on 02-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.55, cash €686,245
NBB · annual accounts
lowers risk · Founded in 1991
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Profit of €812,443 (financial year 2025)
NBB · annual accounts
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 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €635,526
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: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
21 days late
2024
36 days early
2023
40 days early
2022
26 days early
2021
31 days early
2020
22 days early
2019
15 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 21 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher net result than 95% of companies in specialised constructionsector median €26,845 · 9,890 companies €812,443 View
  • Positive: 8 profitable years in a rowprofit 2025: €812,443 8 years View
  • Positive: Result rose in 2025from €601,962 to €812,443 ▲ 35.0% View

Recent changes

  1. · Gazette deed 3 directors appointedAppointments: BDH Projects SRL, Millux SRL and Garavian SRL · Permanent representatives: Bertrand Dhulst, Frédéric Labis and André Mollet
  2. · Gazette deed 1 director appointed, 2 directors resigningResignations: Millux SRL (director) and Garavian SRL (director) · Permanent representatives: Frédéric Labis, André Mollet and Erick Rinner · Appointment: BeliPact BV (director)
  3. · Gazette deed 2 directors appointed, 3 directors resigningChanges of role: MILLUX SRL (director) and GARAVIAN (director) · Resignation: Luc-Marie FRANQUET (manager) · Permanent representatives: Frederic LABIS and André MOLLET
All 18 events

Comparable companies

These companies have the same main activity as FRANQUET: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €1.7m and €2.3m, founded between 1983 and 1995.

CompanyTotal assetsGross margin
FRANQUET Mons€2.0m€2.1m
CLINCKX Lokeren€2.3m€1.8m
MVH Security Sint-Niklaas€2.3m€1.6m
Ocelec sécurity systems Ottignies-Louvain-la-Neuve€1.7m€1.6m
EBC Lambert Fleurus€1.8m€1.3m
BUDTS RAFELEK INSTALLATIES Kampenhout€1.8m€1.6m
LAMAIRE - SAINT-GERMAIN Ieper€2.1m€1.5m
Full comparison

Key facts about FRANQUET

What is the company number of FRANQUET?
The company number of FRANQUET is 0446.057.171. The VAT number is the same number with BE in front: BE 0446.057.171.
Where is FRANQUET based?
The registered office is at Rue des Sandrinettes 14, 7033 Mons.Company details
What does FRANQUET do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of FRANQUET?
The legal form of FRANQUET is Private limited company (BV).
When was FRANQUET founded?
FRANQUET was founded on 12-12-1991.
Is FRANQUET still active?
Yes, FRANQUET is an active enterprise in the KBO register.
How many employees does FRANQUET have?
FRANQUET had an average of 14.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does FRANQUET fall under?
In its 2025 annual accounts, FRANQUET states joint committees 200 (Aanvullend Paritair Comité voor de bedienden) and 149 (Paritair Comité voor de sectors die aan de metaal-, machine- en elektrische bouw verwant zijn).
What is the turnover of FRANQUET?
The turnover in financial year 2025 is ≈ €5.7m. This figure is estimated from the gross margin of €2.1m and 31 comparable companies (NACE 432). It probably lies between €4.4m and €7.1m.
Is FRANQUET profitable?
In financial year 2025, FRANQUET made a profit of €812,443.
Where can I find the annual accounts of FRANQUET?
FRANQUET filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FRANQUET due?
FRANQUET must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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