Fransen

Active

Private limited companyfounded 1975active for 50 yearsTurnhoutsebaan 378, 2110 Wijnegem, BelgiumKBO/BCE: BE 0415.712.603

Summary

For Fransen, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €2.7m and a net result of €184,767. Equity remains stable across the filed financial years (±0.8% per year). Its solvency ranks better than 80% of 9,332 sector peers (NACE 47, financial year 2023). The company has been active since 1975 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.1% (low).

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FransenActive

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Activity

Other retail sale of food

NACE 47279Non-specialised retail sale with food, beverages or tobacco predominating NACE 47110

1 site

Size

€4.0mtotal assets 2023

Staff: 21.8 FTE
Equity: €2.7m
Profit: €184,767

Turnover not published (abbreviated format)

Financial health

Bankruptcy probabilitywithin 12 months: 1.1%

2023 figures too old to score

Structure

Accounts 441 days overdue0 of 4 deeds read

Signalsraises riskFigures for financial year 2023 (filed 31-12-2024)2 financial years not filed after the legal deadline; latest accounts 153 days late; 3 of the last 3 lateTwo or more financial years not filedFiled more than 90 days latelowers riskLiquidity: current ratio 2.79, cash €1.4mFounded in 1975Show the evidence

Bankruptcy probability

No current score

Figures too old

The available figures for FY 2023 are too old to assess current financial health.

Filing: At least two filing cycles are missing

Financial strength, FY 2023 · tick = 2022

Strong

Solvency 92-2

equity 66.9% of total assets

Liquidity 80+9

short-term debt 32.8% · cash 35.4%

Profitability 75+22

return on assets 4.6%

Bankruptcy probability, 12 months

1.1% Low

0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (3,692 companies, NACE 47, small)

Last 24 months 11-2024: 0.8% 12-2024: 1.2%▲ +0.4 percentage points vs 11-2024highest value 01-2025: 0.1%▼ -1.1 percentage points vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025lowest value 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.2%▲ +0.1 percentage points vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.3%▲ +0.1 percentage points vs 11-2025 01-2026: 0.7%▲ +0.4 percentage points vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.7%● unchanged vs 06-2026 08-2026: 1.1%▲ +0.4 percentage points vs 07-2026 09-2026: 1.1%● unchanged vs 08-2026 10-2026: 1.1%● unchanged vs 09-2026

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Signals

Six signals.

lowers riskraises risk

Figures for financial year 2023 (filed 31-12-2024)

NBB · annual accounts

2 financial years not filed after the legal deadline; latest accounts 153 days late; 3 of the last 3 late

NBB · filings

Liquidity: current ratio 2.79, cash €1.4m

NBB · annual accounts

Founded in 1975

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Two or more financial years not filed

Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.

NBB · 10 filings

Position against the passed deadline

31-12-2024 year end31-07-2025 deadline15-10-2026 today

Filed more than 90 days late

The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 31-12-2024, 153 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.

NBB · 10 filings

Deviation from the deadline

2025

not filed

2024

not filed

2023

153 days late

2022

443 days late

2021

99 days late

2020

319 days late

2019

75 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 218 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

31-12-2024 Annual accounts filedfinancial year 2023 · abbreviated…
16-10-2024 Annual accounts filedfinancial year 2022 · abbreviated…
31-12-2022 Weakest financial yearnet €54,241 ▼81.1%

Key points

Risk: Accounts not fileddeadline was 31-07-2025 441 days late View
Positive: Result rose in 2023from €54,241 to €184,767 ▲ 241% View
Positive: Among the best 5% on equitysector median €319,663 · 9,334 companies €2.7m View
Positive: 6 profitable years in a rowprofit 2023: €184,767 6 years View
Active since 1975founded 23-12-1975 50 years View
Flemish supportawarded from 2022 to 2025 €55,235 View