FRANS · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of FRANS is 1.8% (moderate). The 2025 annual accounts show equity of €32k and a net result of €-15k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 60% of 450 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Filing behaviour

From the deposit records, complete market-wide

Latest accounts filed on time

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-01-2026, 4 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.

The next deadline is still running

The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.

How we compute the deadline

The year end is derived from 7 filed financial years, each closing on 30-06. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 30-06-2025, that is 31-01-2026.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
30-06-2025	31-01-2026	27-01-2026	4 d early	2026-00016305
30-06-2024	31-01-2025	11-01-2025	20 d early	2025-00004558
30-06-2023	31-01-2024	12-02-2024	12 d late	2024-00031139
30-06-2022	31-01-2023	23-01-2023	8 d early	2023-00002732
30-06-2021	31-01-2022	24-01-2022	7 d early	2022-01500288
30-06-2020	31-01-2021	28-01-2021	3 d early	2021-02400107
30-06-2019	31-01-2020	26-02-2020	26 d late	2020-05700493

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

More than 3 years active

Founded in 2018, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

1.8% Moderate

0%0,5%1,5%4%10%≥25%

Higher-failure-rate sector +Annual accounts: weaker financial profile +Young company +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€-15k

Working capital€38k+16.6%

CSV export

Annual accounts & ratios

Source: NBB · 2025

Annual accounts filed on 27-01-2026 with the NBB · fiscal year 2025 · micro

Operating resultNet result

Sector comparison

Fiscal year 2025 · NACE 49, Land transport · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	38.7%	30.7%	better than 60% of 450 sector peers
Net result	€-15k	€9k	better than 10% of 446 sector peers
Equity	€32k	€25k	better than 57% of 450 sector peers
Gross operating margin	€8k	€46k	better than 16% of 445 sector peers
Total assets	€84k	€102k	better than 45% of 450 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P60

Improving position over 2020-2025 · n=450-2274

Net result P10

Stable position over 2020-2025 · n=446-2257

Equity P57

Stable position over 2020-2025 · n=450-2280

Gross operating margin P16

Weakening position over 2020-2025 · n=445-2245

Describes the position versus peers, not a forecast.

EBITDA

€7k

-88.0% 19-25

Net profit

€-15k

- 19-25

Cash flow

€6k

-89.4% 19-25

Total assets

€84k

-25.7% 19-25

Equity

€32k

-32.0% 19-25

Working capital

€38k

+16.6% 19-25

Income taxes

€81

-96.9% 19-25

Dividends

€800

- 19-25

Show 10 other metrics

Debt

€51k

-21.0% 19-25

Debt ≤ 1y

€21k

-39.1% 19-25

Debt > 1y

€30k

0.0% 19-25

Current ratio

2.80

+44.3% 19-25

Quick ratio

2.79

+44.2% 19-25

Solvency

38.7%

-8.5% 19-25

Debt / equity

1.58

+16.1% 19-25

ROE

-47.1%

- 19-25

ROA

-18.2%

- 19-25

Interest coverage

8.45

-90.7% 19-25

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2025
Deposit	micro
Revenue	-
EBITDA	€7k
Net profit	€-15k
Cash flow	€6k
Staff costs	-
Income taxes	€81
Dividends	-
Total assets	€84k
Equity	€32k
Debt	€51k
of which ≤ 1y	€21k
of which > 1y	€30k
Working capital	€38k
Employees (FTE)	-

Ratios (computed)

	2025
Current ratio	2.80
Quick ratio	2.79
Working capital ratio	45.6%
Solvency	38.7%
Debt / equity	1.58
Long-term debt ratio	0.93
Interest coverage	8.45
Gross margin	-
Net margin	-
ROA	-18.2%
ROE	-47.1%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2025

Assets

Fixed assets €24k · 29.0% Current assets €59k · 71.0%

Equity & liabilities

Equity €32k · 38.7% Debt €51k · 61.3%

Full annual accounts (23 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025
Balance sheet, Assets
TOTAL ASSETS	20/58	€84k
Fixed assets	21/28	€24k
Tangible fixed assets	22/27	€24k
Current assets	29/58	€59k
Stocks & contracts in progress	3	€115
Amounts receivable within one year	40/41	€9k
Cash & bank	54/58	€41k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€84k
Equity	10/15	€32k
Contributions / capital	10/11	€20k
Reserves	13	€28k
Accumulated profits (losses)	14	€-15k
Amounts payable	17/49	€51k
Amounts payable after one year	17	€30k
Amounts payable within one year	42/48	€21k
Trade debts payable within one year	44	€3k
Income statement
Gross operating margin	9900	€8k
Operating result	9901	€-14k
Financial charges	65	€812
Result before taxes	9903	€-15k
Income taxes	67/77	€81
Net result for the period	9904	€-15k
Result to be appropriated	9905	€-15k

This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2025 · computed

63 / 100 Healthy

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank

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.

Mandpallen 22221 Heist-op-den-Berg

Establishment units

1 location

FRANS

Mandpallen 2, 2221 Heist-op-den-BergGroothandel in andere machines en werktuigen, n.e.g.

since 20182.281.564.516

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area5,916 m²

Buildings1

Building footprint186 m²

Volume (LiDAR)961 m³

Tallest building8.2 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)