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FRANSON

Active
Public limited companyfounded 2004active for 22 yearsSluis 3, 9810 Nazareth-De Pinte, BelgiumKBO/BCE: BE 0864.024.431
Summary

The computed 12-month bankruptcy probability of FRANSON is 1.8% (moderate). The 2025 annual accounts show equity of €2.3m and a net result of -€2,959. Equity grew by about 17% per year on average since 2018. In 2025 it fell by 0.1%. Its solvency ranks better than 18% of 792 sector peers (NACE 10, financial year 2025). The company has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 12-03-2004 Normal situation
Activity
Manufacture of food products NACE 10910and 2 others
Joint committees
118 Food industry
220 White-collar workers in the food industry · annual accounts 2025
Establishment units
2.136.469.540 9810 Nazareth-De Pinte, since 09-03-2004
2.284.467.685 9810 Nazareth-De Pinte, since 01-01-2019
Financial year end
31 December
Peppol
Reachable since 12-11-2025

Board and ownership

Board
  • VAN MALLEGHEM AlexDirector · since 30-12-2020
Auditor
BV Baker Tilly Bedrijfsrevisoren

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.8%
Annual accounts 2025
Turnover
€44.0m
▲ 9.3%
Loss
€2,959
▼ 88.4%
Equity
€2.3m
▼ 0.1%
Total assets
€16.5m
▲ 38.3%
Employees on 31-12-2025
23
▲ 9.5%
  • 2025 accounts filed 60 days after the deadline
Score breakdownraises riskSector: Manufacture of food products (NACE 10)Last filed accounts filed 60 days late; 1 of the last 3 accounts lateEquity €2.3m (13.7% of total assets)Liquidity: current ratio 1.32, cash €733,205Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 28% of small companies in food products (NACE 10)
Financial strength · tick: 2024
Weak
Solvency 39-5
equity 13.7% of total assets
Liquidity 27-8
short-term debt 56.0% · cash 4.4%
Profitability 41-14
return on assets 0.0%
Bankruptcy probability within 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (630 companies, NACE 10, small)
Last 24 months 12-2024: 0.5% 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025lowest value 03-2025: 0.5%● unchanged vs 02-2025lowest value 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.6%▲ +0.1 percentage points vs 05-2025 07-2025: 0.7%▲ +0.1 percentage points vs 06-2025 08-2025: 0.5%▼ -0.2 percentage points vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.6%▲ +0.1 percentage points vs 06-2026 08-2026: 1.1%▲ +0.5 percentage points vs 07-2026 09-2026: 1.3%▲ +0.2 percentage points vs 08-2026 10-2026: 1.8%▲ +0.5 percentage points vs 09-2026highest value 11-2026: 1.8%● unchanged vs 10-2026highest value
Credit of up to €120,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.32 (1.17 in 2024), below the usual 1.5. Short-term debt is 56% and cash 4.4% of total assets. 86.3% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 10, small). It does better than 19% of them on solvency, 20% on liquidity, 18% on profitability and 54% on growth.

The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
raises riskneutral
raises risk · Sector: Manufacture of food products (NACE 10)
KBO
raises risk · Last filed accounts filed 60 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Equity €2.3m (13.7% of total assets)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.32, cash €733,205
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 792 sector peers (2025).
NBB · sector comparison
Position among 792 sector peers
Solvency
better than 18%
← weakest strongest →
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-09-2026, 60 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
60 days late
2024
24 days early
2023
30 days early
2022
28 days early
2021
52 days early
2020
32 days early
2019
49 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 22 days before the deadline. In the sector (NACE 10), the median for financial year 2024 was 4 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 3 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€2,959 View
  • Caution: Lower solvency than 81% of companies in food productssector median 39.6% · 792 companies 13.7% View
  • Flemish supportawarded from 2023 to 2025 €217,219 View

Recent changes

  1. · Gazette deed Reappointment: Baker Tilly Bedrijfsrevisoren BV (statutory auditor)
  2. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as FRANSON: manufacture of food products (NACE 10910). They are comparable in size and age: total assets between €9.7m and €26m, founded between 1988 and 2008.

CompanyTotal assetsTurnover
FRANSON Nazareth-De Pinte€16.5m€44.0m
ALIA 2 Floreffe€13.2m€75.4m
BORLIX Bruges€25.7m€48.6m
BAERT MENGVOEDERS Zele€9.7m€37.8m
NUTREX Olen€11.4m€38.2m
VDS Deerlijk€16.4m€31.1m
Belcofeed Antwerp€25.8m€49.4m
Full comparison

Key facts about FRANSON

What is the company number of FRANSON?
The company number of FRANSON is 0864.024.431. The VAT number is the same number with BE in front: BE 0864.024.431.
Where is FRANSON based?
The registered office is at Sluis 3, 9810 Nazareth-De Pinte.Company details
What does FRANSON do?
According to the KBO register, the main activity is manufacture of food products (NACE 10910).
What is the legal form of FRANSON?
FRANSON is a public limited company (NV).
When was FRANSON founded?
FRANSON was founded on 12-03-2004.
Is FRANSON still active?
Yes, FRANSON is an active enterprise in the KBO register.
How many employees does FRANSON have?
FRANSON had an average of 19.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does FRANSON fall under?
In its 2025 annual accounts, FRANSON states joint committees 118 (Food industry) and 220 (White-collar workers in the food industry).
What is the turnover of FRANSON?
The turnover of FRANSON was €44.0m in financial year 2025, according to the filed annual accounts.
Is FRANSON profitable?
In financial year 2025, FRANSON made a loss of €2,959.
Where can I find the annual accounts of FRANSON?
FRANSON filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FRANSON due?
FRANSON must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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