Fransen
ActiveFransen has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €91k and a net result of €39k. Equity is growing by ~12.8% per year across the filed fiscal years. Its solvency ranks better than 40% of 27358 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
64
/ 100
Healthy▲ +21 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+30
Solvency48▲+35
Growth78=
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.49 against 0.5 in 2024), and 62.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 · 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
37.8%
Return on assets
16%
Age of the figures
8 mo
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 06-07-2026, 25 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
25 d early
2024
26 d late
2023
19 d late
2022
54 d early
2021
32 d early
2020
45 d early
2019
23 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€91k▲ 73.8%
2024 · €52k
2018: €28k
2019: €28k
2020: €33k
2021: €40k
2022: €32k
2023: €45k
2024: €52k
2018 → 2025
Total assets
€241k▼ 8.8%
2024 · €265k
2018: €64k
2019: €133k
2020: €182k
2021: €315k
2022: €281k
2023: €213k
2024: €265k
2018 → 2025
Net result
€39k▲ 427%
2024 · €7k
2018: €6k
2019: €6k
2020: €13k
2021: €7k
2022: €-10k
2023: €13k
2024: €7k
2018 → 2025
Working capital
€-47k▲ 24.4%
2024 · €-62k
2018: €9k
2019: €750
2020: €11k
2021: €-11k
2022: €-49k
2023: €-73k
2024: €-62k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€40k-€32k▼ 20.0%€45k▲ 40.2%€52k▲ 16.3%€91k▲ 73.8%
Operating result€17k-€-6k€17k€14k▼ 18.1%€54k▲ 286%
Net result€7k-€-10k€13k€7k▼ 43.2%€39k▲ 427%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 286% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €241k
Fixed assets
€196k▼ 3.5%
Current assets
€46k▼ 26.2%
Equity and liabilities €241k
Equity
€91k▲ 73.8%
Debt
€150k▼ 29.2%
The debt ratio falls from 80.2% to 62.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€94k▲
2024 · €54k
Cash flow
€79k▲
2024 · €47k
Solvency
37.8%▲
2024 · 19.8%
Current ratio
0.49▼
2024 · 0.50
Quick ratio
0.49▼
2024 · 0.50
Debt / equity
1.65▼
2024 · 4.05
ROE
42.5%▲
2024 · 14.0%
ROA
16.0%▲
2024 · 2.8%
Interest coverage
18.80▲
2024 · 16.25
Debt
€150k▼
2024 · €212k
Debt ≤ 1 year
€93k▼
2024 · €124k
Debt > 1 year
€58k▼
2024 · €88k
Income taxes
€14k▲
2024 · €4k
Staff costs
€25k
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€265k€241k▼
Fixed assets21/28€203k€196k▼
Tangible fixed assets22/27€203k€195k▼
Plant, machinery and equipment23€175k€151k▼
Furniture and vehicles24€27k€44k▲
Financial fixed assets28€135€135=
Current assets29/58€62k€46k▼
Amounts receivable within one year40/41€46k€25k▼
Trade receivables40€43k€19k▼
Other amounts receivable41€3k€6k▲
Current investments50/53€1k€1k▲
Cash at bank and in hand54/58€12k€20k▲
Deferred charges and accrued income490/1€3k€292▼
Equity and liabilities
Total equity and liabilities10/49€265k€241k▼
Equity10/15€52k€91k▲
Contributions10/11€16k€16k=
Reserves13€37k€75k▲
Distributable reserves133€37k€75k▲
Amounts payable17/49€212k€150k▼
Amounts payable after more than one year17€88k€58k▼
Financial debts170/4€88k€58k▼
Amounts payable within one year42/48€124k€93k▼
Current portion of amounts payable after more than one year42€70k€31k▼
Trade debts44€32k€10k▼
Suppliers440/4€32k€10k▼
Taxes, remuneration and social security45€3k€7k▲
Taxes450/3€3k€6k▲
Remuneration and social security454/9-€1k
Other amounts payable47/48€19k€45k▲
Income statement
Code20242025
Non-recurring operating income76A€357€4k▲
Remuneration, social security and pensions62-€25k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€40k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€9k
Other operating charges640/8€4k€3k▼
Non-recurring operating charges66A€12k-
Gross operating margin9900€69k€132k▲
Operating profit (loss)9901€14k€54k▲
Financial income75/76B€151€3k▲
Recurring financial income75€151€3k▲
Financial charges65/66B€3k€5k▲
Recurring financial charges65€3k€5k▲
Profit (loss) for the period before taxes9903€11k€53k▲
Income taxes67/77€4k€14k▲
Profit (loss) for the period9904€7k€39k▲
Profit (loss) for the period to be appropriated9905€7k€39k▲
Appropriation of the result
Profit (loss) to be appropriated9906€8k€39k▲
Profit (loss) brought forward from the previous period14P€341-
Transfer to equity691/2€8k€39k▲
To other reserves6921€8k€39k▲
The notes to these accounts (9 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
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €39k ▲427%
Operating result €54k, net result €39k, both a record.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 19 days late
2023
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-10k ▼242%
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
12-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2023
FRANSEN Kristof
CurrentNon-statutory director · since 27-12-2023
27-12-2023
Appointed as Non-statutory director
Location & real-estate footprint
Registered office, Brecht · 1 establishment unit since 2016
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.
Nieuwstraat 202960 BrechtGround area
717 m²
Building footprint
125 m²
Volume, LiDAR
644 m³
Parcel 11043D0892/00V000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Fransen Droogzuigingen
since 20162.255.170.816
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11043D0892/00V000 | Flanders | 717 m² | 1 · 124 m² | 8.2 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.
Similar companies · same sector, comparable size
CREYNS & CO
BE 0804.902.733
Maaseik · Eq €91k
KOYE
BE 0770.443.977
Hasselt · Eq €91k
NINNO RENOV
BE 1003.003.853
Héron · Eq €91k
GRONDWERKEN ML
BE 0764.900.725
Menen · Eq €91k
ACCORD CONSTRUCT
BE 0741.474.136
Anderlecht · Eq €91k
Of 8,397 companies in sector 43120 we hold annual accounts for 3,204. 2,610 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-07-2016
Fiscal year end31-12
Trade name NL
Fransen Droogzuigingen
Activities, NACEBEL
43120Site preparation
42911Civil engineering
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.