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FRANS NANCY

Active
Private limited companyfounded 200620 yrs activeLeonardstraat 3, 3970 Leopoldsburg, BelgiumKBO/BCE: BE 0882.253.305
Summary

FRANS NANCY has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €82,246 and a net result of -€2,234. Equity is growing by ~24.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability66▼-13
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 8.47 against 3.13 in 2024; short-term debt: 8.3% and cash: 65.1% of total assets), and 8.3% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 20 years 0 30 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
28 d early
2024
29 d early
2023
19 d early
2022
30 d late
2021
23 d late
2020
10 d late
2019
41 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 4 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
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. Usually files around 13 July (4 of the last 5 filed years within 41 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 3 July 2006, FRANS NANCY was incorporated.1 Total assets went from EUR 82,437 in 2018 to EUR 89,724 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€82,246▼ 2.6%
2024 · €84,479
Total assets
€89,724▼ 20.0%
2024 · €112,146
Net result
-€2,234
2024 · €8,928
Working capital
€55,869▲ 19.4%
2024 · €46,810
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€21,497▲ 96.0%€38,863▲ 80.8%€8,940▼ 77.0%€13,707▲ 53.3%-€1,364
Net result€21,375▲ 202%€29,163▲ 36.4%€5,870▼ 79.9%€8,928▲ 52.1%-€2,234
Equity€40,519▲ 65.3%€69,682▲ 72.0%€75,551▲ 8.4%€84,479▲ 11.8%€82,246▼ 2.6%
Total assets€67,014▲ 25.4%€132,444▲ 97.6%€116,360▼ 12.1%€112,146▼ 3.6%€89,724▼ 20.0%
Debt€26,495▼ 8.4%€62,762▲ 137%€40,809▼ 35.0%€27,666▼ 32.2%€7,478▼ 73.0%
Working capital€32,019▲ 83.2%€21,182▼ 33.8%€33,289▲ 57.2%€46,810▲ 40.6%€55,869▲ 19.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000Operating result 2021: €21,497€21,497Net result 2021: €21,375€21,375Operating result 2022: €38,863€38,863Net result 2022: €29,163€29,163Operating result 2023: €8,940€8,940Net result 2023: €5,870€5,870Operating result 2024: €13,707€13,707Net result 2024: €8,928€8,928Operating result 2025: -€1,364-€1,364Net result 2025: -€2,234-€2,23420212022202320242025-€5,000€0€5,000€10,000€15,000Operating result 2023: €8,940€8,940Net result 2023: €5,870€5,870Operating result 2024: €13,707€13,700Net result 2024: €8,928€8,930Operating result 2025: -€1,364-€1,360Net result 2025: -€2,234-€2,230202320242025
The operating result turns negative in 2025: a loss of €1,364 after €13,707 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €89,724
Fixed assets €26,377 ▼ 39.2%
Current assets €63,347 ▼ 7.8%
Equity and liabilities €89,724
Equity €82,246 ▼ 2.6%
Debt €7,478 ▼ 73.0%
Debt's share of the balance-sheet total falls from 24.7% to 8.3%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€16,905▼
2024 · €32,724
Cash flow
€16,035▼
2024 · €27,944
Current ratio
8.47▲
2024 · 3.13
Debt to equity
0.09▼
2024 · 0.33
ROE
-2.7%▼
2024 · 10.6%
ROA
-2.5%▼
2024 · 8.0%
Interest coverage
56.78▼
2024 · 80.30
Debt ≤ 1 year
€7,478▼
2024 · €21,926
Income taxes
€572▼
2024 · €4,372
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.7% went bankrupt
8.6% stopped otherwise
90% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 12,321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€112,146€89,724▼
Fixed assets21/28€43,410€26,377▼
Tangible fixed assets22/27€43,410€26,377▼
Land and buildings22€605€427▼
Furniture and vehicles24€42,805€25,949▼
Current assets29/58€68,736€63,347▼
Amounts receivable within one year40/41€7,597€4,823▼
Trade receivables40€7,597€4,823▼
Cash at bank and in hand54/58€61,054€58,428▼
Deferred charges and accrued income490/1€84€96▲
Equity and liabilities
Total equity and liabilities10/49€112,146€89,724▼
Equity10/15€84,479€82,246▼
Contributions10/11€12,400€12,400=
Reserves13€14,798€14,798=
Tax-exempt reserves132€584€584=
Distributable reserves133€14,214€14,214=
Profit (loss) carried forward14€57,282€55,048▼
Amounts payable17/49€27,666€7,478▼
Amounts payable after more than one year17€5,740-
Financial debts170/4€5,740-
Amounts payable within one year42/48€21,926€7,478▼
Current portion of amounts payable after more than one year42€11,396€5,740▼
Trade debts44€923€1,144▲
Suppliers440/4€923€1,144▲
Taxes, remuneration and social security45€6,850€572▼
Taxes450/3€4,372€572▼
Remuneration and social security454/9€2,478-
Other amounts payable47/48€2,757€22▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19,016€18,268▼
Other operating charges640/8€449€462▲
Gross operating margin9900€33,173€17,366▼
Operating profit (loss)9901€13,707-€1,364▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€408€298▼
Recurring financial charges65€408€298▼
Profit (loss) for the period before taxes9903€13,300-€1,662▼
Income taxes67/77€4,372€572▼
Profit (loss) for the period9904€8,928-€2,234▼
Profit (loss) for the period to be appropriated9905€8,928-€2,234▼
Appropriation of the result
Profit (loss) to be appropriated9906€66,210€55,048▼
Profit (loss) brought forward from the previous period14P€57,282€57,282=
Transfer to equity691/2€8,928-
To other reserves6921€8,928-

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,190€11,619€18,841€19,016€18,268▼ 3.9%
Other operating charges640/8€410€410€446€449€462▲ 2.8%
Gross operating margin9900€25,097€50,891€28,228€33,173€17,366▼ 47.6%
Operating profit (loss)9901€21,497€38,863€8,940€13,707-€1,364▼ 110%
Financial income75/76B---€0--
Recurring financial income75---€0--
Financial charges65/66B€122€356€498€408€298▼ 26.9%
Recurring financial charges65€122€356€498€408€298▼ 26.9%
Profit (loss) for the period before taxes9903€21,375€38,507€8,442€13,300-€1,662▼ 112%
Income taxes67/77-€9,344€2,572€4,372€572▼ 86.9%
Profit (loss) for the period9904€21,375€29,163€5,870€8,928-€2,234▼ 125%
Transfer to tax-exempt reserves689--€584---
Profit (loss) for the period to be appropriated9905€21,375€29,163€5,286€8,928-€2,234▼ 125%
Line20212022202320242025Change
Assets
Total assets20/58€67,014€132,444€116,360€112,146€89,724▼ 20.0%
Fixed assets21/28€8,500€76,920€59,699€43,410€26,377▼ 39.2%
Tangible fixed assets22/27€8,500€76,920€59,699€43,410€26,377▼ 39.2%
Land and buildings22€1,551€1,236€920€605€427▼ 29.3%
Furniture and vehicles24€6,949€75,684€58,779€42,805€25,949▼ 39.4%
Current assets29/58€58,514€55,524€56,661€68,736€63,347▼ 7.8%
Amounts receivable within one year40/41€11,160€10,023€5,792€7,597€4,823▼ 36.5%
Trade receivables40€11,160€10,023€5,792€7,597€4,823▼ 36.5%
Cash at bank and in hand54/58€47,354€45,501€50,869€61,054€58,428▼ 4.3%
Deferred charges and accrued income490/1---€84€96▲ 13.6%
Equity and liabilities
Total equity and liabilities10/49€67,014€132,444€116,360€112,146€89,724▼ 20.0%
Equity10/15€40,519€69,682€75,551€84,479€82,246▼ 2.6%
Contributions10/11€12,400€12,400€12,400€12,400€12,400=
Reserves13--€5,870€14,798€14,798=
Tax-exempt reserves132--€584€584€584=
Distributable reserves133--€5,286€14,214€14,214=
Profit (loss) carried forward14€28,119€57,282€57,282€57,282€55,048▼ 3.9%
Amounts payable17/49€26,495€62,762€40,809€27,666€7,478▼ 73.0%
Amounts payable after more than one year17-€28,421€17,136€5,740--
Financial debts170/4-€28,421€17,136€5,740--
Amounts payable within one year42/48€26,495€34,342€23,372€21,926€7,478▼ 65.9%
Current portion of amounts payable after more than one year42-€11,174€11,284€11,396€5,740▼ 49.6%
Trade debts44€1,427€3,707€690€923€1,144▲ 23.9%
Suppliers440/4€1,427€3,707€690€923€1,144▲ 23.9%
Taxes, remuneration and social security45€7,871€9,344€5,072€6,850€572▼ 91.6%
Taxes450/3€5,371€9,344€2,572€4,372€572▼ 86.9%
Remuneration and social security454/9€2,500-€2,500€2,478--
Other amounts payable47/48€17,197€10,116€6,325€2,757€22▼ 99.2%
Accrued charges and deferred income492/3--€300---
Line20212022202320242025Change
Profit (loss) for the period9904€21,375€29,163€5,870€8,928-€2,234▼ 125%
+ Depreciation and write-downs630€3,190€11,619€18,841€19,016€18,268▼ 3.9%
Operating cash flow (approximation)€24,565€40,781€24,711€27,944€16,035▼ 42.6%
Investment in fixed assets (approximation)--€80,039-€1,621-€2,727-€1,235▲ 54.7%
Change in cash--€1,853€5,367€10,186-€2,627▼ 126%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
03-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Weakest financial yearnet -€2,234
Net result drops to -€2,234, the lowest in the series.
31-12
Financial Liquidity triplescurrent ratio 8.47
Current ratio from 3.13 to 8.47; short-term debt falls from €21,926 to €7,478.
02-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
12-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
23-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
10-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 10 days late
2020
10-09
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 41 days late
2019
29-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
02-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 2 days late
2017
24-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Leopoldsburg
exact location from the address register On OpenStreetMap
Ground area
102 m²
Building footprint
71 m²
Volume, LiDAR
550 m³
Parcel 71034A0473/00B000, Flanders · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71034A0473/00B000 Flanders 102 m² 1 · 71 m² 9.9 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Company details

Identification
Legal formPrivate limited company
Founded03-07-2006
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0882253305
Also 9925:BE0882253305

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.