FRANSSEN
ActiveFRANSSEN has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.74M and a net result of €657k. Equity is growing by ~16.7% per year across the filed fiscal years. Its solvency ranks better than 50% of 7955 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▲+3
Solvency69▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €270k at 30 days acceptable
Liquidity ample (current ratio 2.32 against 2.58 in 2024; short-term debt: 28.4% and cash: 9.8% of total assets), but 55.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
44.2%
Return on assets
7.8%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
49 d early
2024
20 d early
2023
77 d early
2022
53 d early
2021
1 d late
2020
1 d early
2019
31 d late
← 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€3.74M▲ 21.3%
2024 · €3.09M
2018: €1.29M
2019: €1.48M
2020: €1.36M
2021: €1.82M
2022: €2.40M
2023: €2.78M
2024: €3.09M
2018 → 2025
Total assets
€8.46M▲ 11.6%
2024 · €7.58M
2018: €2.39M
2019: €2.54M
2020: €2.73M
2021: €4.64M
2022: €5.97M
2023: €6.60M
2024: €7.58M
2018 → 2025
Net result
€657k▲ 85.8%
2024 · €354k
2018: €228k
2019: €239k
2020: €334k
2021: €464k
2022: €578k
2023: €379k
2024: €354k
2018 → 2025
Working capital
€3.16M▲ 3.2%
2024 · €3.06M
2018: €1.33M
2019: €1.52M
2020: €1.81M
2021: €2.11M
2022: €2.70M
2023: €2.91M
2024: €3.06M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.82M-€2.40M▲ 31.7%€2.78M▲ 15.8%€3.09M▲ 10.9%€3.74M▲ 21.3%
Operating result€646k-€821k▲ 27.1%€541k▼ 34.0%€642k▲ 18.6%€1.01M▲ 57.2%
Net result€464k-€578k▲ 24.6%€379k▼ 34.4%€354k▼ 6.7%€657k▲ 85.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 57% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.46M
Fixed assets
€2.90M▲ 12.7%
Current assets
€5.56M▲ 11.1%
Equity and liabilities €8.46M
Equity
€3.74M▲ 21.3%
Debt
€4.72M▲ 5.0%
The debt ratio falls from 59.3% to 55.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.19M▲
2024 · €826k
Cash flow
€837k▲
2024 · €537k
Solvency
44.2%▲
2024 · 40.7%
Current ratio
2.32▼
2024 · 2.58
Quick ratio
0.62▲
2024 · 0.57
Debt / equity
1.26▼
2024 · 1.46
ROE
17.5%▲
2024 · 11.5%
ROA
7.8%▲
2024 · 4.7%
Interest coverage
10.21▲
2024 · 6.77
Debt
€4.72M▲
2024 · €4.49M
Debt ≤ 1 year
€2.40M▲
2024 · €1.94M
Debt > 1 year
€2.26M▼
2024 · €2.51M
Income taxes
€237k▲
2024 · €168k
Staff costs
€371k▲
2024 · €332k
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€7.58M€8.46M▲
Fixed assets21/28€2.57M€2.90M▲
Intangible fixed assets21€7k€5k▼
Tangible fixed assets22/27€2.57M€2.89M▲
Land and buildings22€1.93M€1.82M▼
Plant, machinery and equipment23€18k€12k▼
Furniture and vehicles24€18k€15k▼
Other tangible fixed assets26€602k€1.04M▲
Financial fixed assets28€264€264=
Current assets29/58€5.00M€5.56M▲
Stocks and contracts in progress3€3.89M€4.08M▲
Stocks30/36€3.89M€4.08M▲
Amounts receivable within one year40/41€459k€615k▲
Trade receivables40€453k€584k▲
Other amounts receivable41€7k€31k▲
Cash at bank and in hand54/58€625k€831k▲
Deferred charges and accrued income490/1€25k€37k▲
Equity and liabilities
Total equity and liabilities10/49€7.58M€8.46M▲
Equity10/15€3.09M€3.74M▲
Contributions10/11€112k€112k=
Reserves13€195k€195k=
Tax-exempt reserves132€2k€2k=
Distributable reserves133€193k€193k=
Profit (loss) carried forward14€2.78M€3.44M▲
Amounts payable17/49€4.49M€4.72M▲
Amounts payable after more than one year17€2.51M€2.26M▼
Financial debts170/4€2.14M€1.95M▼
Other amounts payable178/9€366k€312k▼
Amounts payable within one year42/48€1.94M€2.40M▲
Current portion of amounts payable after more than one year42€197k€578k▲
Financial debts43€520k€455k▼
Credit institutions430/8€520k€455k▼
Trade debts44€717k€798k▲
Suppliers440/4€717k€798k▲
Advances received on contracts in progress46€202k€124k▼
Taxes, remuneration and social security45€249k€395k▲
Taxes450/3€180k€314k▲
Remuneration and social security454/9€69k€82k▲
Other amounts payable47/48€54k€49k▼
Accrued charges and deferred income492/3€41k€54k▲
Income statement
Code20242025
Remuneration, social security and pensions62€332k€371k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€184k€180k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€34k€19k▼
Other operating charges640/8€84k€28k▼
Gross operating margin9900€1.28M€1.61M▲
Operating profit (loss)9901€642k€1.01M▲
Financial income75/76B€1k€1k▼
Recurring financial income75€1k€1k▼
Financial charges65/66B€122k€117k▼
Recurring financial charges65€122k€117k▼
Profit (loss) for the period before taxes9903€521k€894k▲
Income taxes67/77€168k€237k▲
Profit (loss) for the period9904€354k€657k▲
Profit (loss) for the period to be appropriated9905€354k€657k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2.83M€3.44M▲
Profit (loss) brought forward from the previous period14P€2.47M€2.78M▲
Profit to be distributed694/7€50k-
Directors or managers695€50k-
Social balance
Average headcount (FTE)90875.5-
The notes to these accounts (21 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
12-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €657k ▲85.8%
Operating result €1.01M, net result €657k, both a record.
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
15-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
08-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €2MEq €2.40M ▲31.7%
5 profitable years in a row build equity to €2.40M.
01-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 1 day late
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 92 days late
2018
13-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 409 days late
26-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Hasselt · 2 establishment units since 1976
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.
Demerstraat 513500 HasseltGround area
330 m²
Building footprint
304 m²
Volume, LiDAR
2,815 m³
2 parcels, Flanders · tallest building 15.9 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
FRANSSEN BVBA
since 19762.011.836.913
FRANSSEN
since 20222.334.032.311
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71022H1044/00D000 | Flanders | 256 m² | 1 · 102 m² | 15.9 m · 4 fl. |
| 71022H0038/00C000 | Flanders | 73 m² | 1 · 201 m² | 14.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 878 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 878 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
Bloch en Co
BE 0455.128.255
Antwerpen · Eq €3.75M
IDYL
BE 0732.875.481
Antwerpen · Eq €3.71M
SIMA DIAMOND
BE 0437.668.057
Antwerpen · Eq €3.85M
Premier Diamond Corporation
BE 0404.981.730
Antwerpen · Eq €3.92M
Pandora Jewellery Belgium
BE 0674.533.248
Antwerpen · Eq €3.43M
Of 567 companies in sector 46480 we hold annual accounts for 353. 97 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-01-1976
Fiscal year end31-12
Activities, NACEBEL
46480Wholesale trade
47770Retail sale of watches and jewellery
51474
52484
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.