FRANSEN LUYTEN
ActiveSummary
FRANSEN LUYTEN has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €54k and a net result of €103k. Equity is growing by ~41.6% per year across the filed fiscal years. Its solvency ranks better than 19% of 2934 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
72
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability93▼-2
Solvency35▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity tight (current ratio 1.07 against 1.03 in 2023; short-term debt: 76.6% and cash: 30.4% of total assets), and 89.9% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
10.1%
Return on assets
19.1%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 2934 sector peers (2024).
NBB · sector comparisonPosition among 2934 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
90 d late
2022
67 d late
2021
61 d late
2020
89 d late
2019
109 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€54k▲ 52.4%
2023 · €36k
2018: €-3k
2019: €5k
2020: €12k
2021: €19k
2022: €21k
2023: €36k
2018 → 2024
Total assets
€537k▲ 16.7%
2023 · €461k
2018: €353k
2019: €512k
2020: €314k
2021: €389k
2022: €301k
2023: €461k
2018 → 2024
Net result
€103k▲ 4.6%
2023 · €98k
2018: €92k
2019: €93k
2020: €91k
2021: €91k
2022: €75k
2023: €98k
2018 → 2024
Working capital
€30k▲ 193%
2023 · €10k
2018: €-33k
2019: €-24k
2020: €12k
2021: €14k
2022: €17k
2023: €10k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€12k-€19k▲ 57.5%€21k▲ 14.1%€36k▲ 66.1%€54k▲ 52.4%
Operating result€95k-€97k▲ 1.5%€77k▼ 20.4%€111k▲ 44.4%€119k▲ 7.2%
Net result€91k-€91k▲ 0.2%€75k▼ 17.8%€98k▲ 31.5%€103k▲ 4.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 7% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €537k
Fixed assets
€95k ▼ 22.4%
Current assets
€442k ▲ 30.9%
Equity and liabilities €537k
Equity
€54k ▲ 52.4%
Debt
€483k ▲ 13.7%
The debt ratio falls from 92.3% to 89.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€147k▲
2023 · €128k
Cash flow
€130k▲
2023 · €115k
Current ratio
1.07▲
2023 · 1.03
Debt / equity
8.88▼
2023 · 11.91
ROE
188.9%▼
2023 · 275.3%
ROA
19.1%▼
2023 · 21.3%
Interest coverage
19.88▲
2023 · 18.94
Debt ≤ 1 year
€412k▲
2023 · €327k
Debt > 1 year
€71k▼
2023 · €98k
Income taxes
€9k▲
2023 · €7k
Staff costs
€86k▲
2023 · €85k
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 · 2024 against 2023 · 50 lines
Balance sheet
Code20232024
Assets
Total assets20/58€461k€537k▲
Fixed assets21/28€123k€95k▼
Tangible fixed assets22/27€123k€95k▼
Furniture and vehicles24€123k€95k▼
Current assets29/58€338k€442k▲
Amounts receivable within one year40/41€229k€279k▲
Trade receivables40€227k€279k▲
Other amounts receivable41€2k€72▼
Cash at bank and in hand54/58€108k€163k▲
Equity and liabilities
Total equity and liabilities10/49€461k€537k▲
Equity10/15€36k€54k▲
Contributions10/11€6k€6k=
Reserves13€34k€53k▲
Tax-exempt reserves132€584€584=
Distributable reserves133€33k€52k▲
Profit (loss) carried forward14€-5k€-5k=
Amounts payable17/49€425k€483k▲
Amounts payable after more than one year17€98k€71k▼
Financial debts170/4€98k€71k▼
Amounts payable within one year42/48€327k€412k▲
Current portion of amounts payable after more than one year42€25k€26k▲
Financial debts43€26k€176k▲
Credit institutions430/8€26k€176k▲
Trade debts44€47k€41k▼
Suppliers440/4€47k€41k▼
Taxes, remuneration and social security45€97k€50k▼
Taxes450/3€10k€7k▼
Remuneration and social security454/9€87k€43k▼
Other amounts payable47/48€132k€119k▼
Income statement
Code20232024
Remuneration, social security and pensions62€85k€86k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€28k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€66k€-27k▼
Other operating charges640/8€916€898▼
Gross operating margin9900€279k€206k▼
Operating profit (loss)9901€111k€119k▲
Financial income75/76B€923€37▼
Recurring financial income75€923€37▼
Financial charges65/66B€7k€7k▲
Recurring financial charges65€7k€7k▲
Profit (loss) for the period before taxes9903€105k€112k▲
Income taxes67/77€7k€9k▲
Profit (loss) for the period9904€98k€103k▲
Profit (loss) for the period to be appropriated9905€98k€103k▲
Appropriation of the result
Profit (loss) to be appropriated9906€94k€98k▲
Profit (loss) brought forward from the previous period14P€-5k€-5k=
Transfer to equity691/2€14k€19k▲
To other reserves6921€14k€19k▲
Profit to be distributed694/7€84k€84k=
Directors or managers695€84k€84k=
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 60 days late
2024
31-12
Financial
Highest result since 2018net €103k ▲4.6%
Operating result €119k, net result €103k, both a record.
29-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 90 days late
2023
06-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 67 days late
2022
31-12
Financial
Weakest financial yearnet €75k ▼17.8%
Net result drops to €75k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 61 days late
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 89 days late
2020
17-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 109 days late
2019
06-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 67 days late
2018
25-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 56 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 60 days late
2016
28-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2011
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.
Everdijstraat 432000 AntwerpenGround area
361 m²
Building footprint
320 m²
Volume, LiDAR
3,338 m³
Parcel 11803C1779/00D000, Flanders · tallest building 16.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Everdijstraat 43, 2000 Antwerpen
since 20112.199.863.493
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11803C1779/00D000 | Flanders | 361 m² | 1 · 320 m² | 16.8 m · 4 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 22,058 companies in sector 69101 we hold annual accounts for 9,052. 7,277 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded26-05-2011
Fiscal year end31-12
Activities, NACEBEL
69101Activities of lawyers
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.