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Franssens Engineering

Active
Private limited companyfounded 20242 yrs activePuursesteenweg(BOR) 84, 2880 Bornem, BelgiumKBO/BCE: BE 1006.516.243
Summary

Franssens Engineering has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €142,095 and a net result of €101,421. Its solvency ranks better than 74% of 9574 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100=
Solvency100▲+9
Growth78
Track record82
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12,000 at 30 days only on tighter terms
Liquidity ample (current ratio 4.09 against 2.31 in 2024; short-term debt: 23.2% and cash: 75.7% of total assets), and 23.2% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← 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 2025
Solvency, return and age of the figures
Solvency
76.8%
Return on assets
54.8%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 31-03-2026, 30 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
30 d early
2024
89 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 60 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-09-2026 close30-09-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 27 February 2024, Franssens Engineering was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€142,095▲ 249%
2024 · €40,674
Total assets
€185,096▲ 202%
2024 · €61,269
Net result
€101,421▲ 169%
2024 · €37,674
Working capital
€132,861▲ 393%
2024 · €26,943
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result€47,676-€131,174▲ 175%
Net result€37,674within the sector's middle half-€101,421above the sector's middle half▲ 169%
Equity€40,674within the sector's middle half-€142,095within the sector's middle half▲ 249%
Total assets€61,269below the sector's middle half-€185,096within the sector's middle half▲ 202%
Debt€20,595-€43,001▲ 109%
Working capital€26,943within the sector's middle half-€132,861above the sector's middle half▲ 393%
Solvency66.4%within the sector's middle half-76.8%within the sector's middle half▲ 10.4pp
Current ratio2.31within the sector's middle half-4.09within the sector's middle half▲ 1.78
Return on assets (ROA)61.5%above the sector's middle half-54.8%above the sector's middle half▼ 6.7pp
above within below the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50,000€100,000€150,000Operating result 2024: €47,676€47,676Net result 2024: €37,674€37,674Operating result 2025: €131,174€131,174Net result 2025: €101,421€101,42120242025€0€50,000€100,000€150,000Operating result 2024: €47,676€47,700Net result 2024: €37,674€37,700Operating result 2025: €131,174€131,000Net result 2025: €101,421€101,00020242025
The operating result rises in 2025; 2025 is 175% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €185,096
Fixed assets €9,234 ▼ 32.8%
Current assets €175,862 ▲ 270%
Equity and liabilities €185,096
Equity €142,095 ▲ 249%
Debt €43,001 ▲ 109%
Debt's share of the balance-sheet total falls from 33.6% to 23.2%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€136,627▲
2024 · €50,175
Cash flow
€106,874▲
2024 · €40,173
Debt to equity
0.30▼
2024 · 0.51
ROE
71.4%▼
2024 · 92.6%
Interest coverage
1285.05▼
2024 · 1638.11
Debt ≤ 1 year
€43,001▲
2024 · €20,595
Income taxes
€29,670▲
2024 · €9,972
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet Code20242025
Assets
Total assets20/58€61,269€185,096▲
Fixed assets21/28€13,731€9,234▼
Tangible fixed assets22/27€13,731€9,234▼
Furniture and vehicles24€13,731€9,234▼
Current assets29/58€47,538€175,862▲
Amounts receivable within one year40/41€18,829€5,017▼
Trade receivables40€18,731€4,550▼
Other amounts receivable41€99€467▲
Current investments50/53-€30,000
Cash at bank and in hand54/58€27,932€140,196▲
Deferred charges and accrued income490/1€776€650▼
Equity and liabilities
Total equity and liabilities10/49€61,269€185,096▲
Equity10/15€40,674€142,095▲
Contributions10/11€3,000€3,000=
Reserves13€37,674€139,095▲
Distributable reserves133€37,674€139,095▲
Amounts payable17/49€20,595€43,001▲
Amounts payable within one year42/48€20,595€43,001▲
Trade debts44€804€854▲
Suppliers440/4€804€854▲
Taxes, remuneration and social security45€19,791€42,147▲
Taxes450/3€19,791€42,147▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,499€5,453▲
Other operating charges640/8€679€498▼
Gross operating margin9900€50,855€137,125▲
Operating profit (loss)9901€47,676€131,174▲
Financial income75/76B-€24
Recurring financial income75-€24
Financial charges65/66B€31€106▲
Recurring financial charges65€31€106▲
Profit (loss) for the period before taxes9903€47,645€131,091▲
Income taxes67/77€9,972€29,670▲
Profit (loss) for the period9904€37,674€101,421▲
Profit (loss) for the period to be appropriated9905€37,674€101,421▲
Appropriation of the result
Profit (loss) to be appropriated9906€37,674€101,421▲
Transfer to equity691/2€37,674€101,421▲
To other reserves6921€37,674€101,421▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,499€5,453▲ 118%
Other operating charges640/8€679€498▼ 26.7%
Gross operating margin9900€50,855€137,125▲ 170%
Operating profit (loss)9901€47,676€131,174▲ 175%
Financial income75/76B-€24-
Recurring financial income75-€24-
Financial charges65/66B€31€106▲ 247%
Recurring financial charges65€31€106▲ 247%
Profit (loss) for the period before taxes9903€47,645€131,091▲ 175%
Income taxes67/77€9,972€29,670▲ 198%
Profit (loss) for the period9904€37,674€101,421▲ 169%
Profit (loss) for the period to be appropriated9905€37,674€101,421▲ 169%
Line20242025Change
Assets
Total assets20/58€61,269€185,096▲ 202%
Fixed assets21/28€13,731€9,234▼ 32.8%
Tangible fixed assets22/27€13,731€9,234▼ 32.8%
Furniture and vehicles24€13,731€9,234▼ 32.8%
Current assets29/58€47,538€175,862▲ 270%
Amounts receivable within one year40/41€18,829€5,017▼ 73.4%
Trade receivables40€18,731€4,550▼ 75.7%
Other amounts receivable41€99€467▲ 374%
Current investments50/53-€30,000-
Cash at bank and in hand54/58€27,932€140,196▲ 402%
Deferred charges and accrued income490/1€776€650▼ 16.3%
Equity and liabilities
Total equity and liabilities10/49€61,269€185,096▲ 202%
Equity10/15€40,674€142,095▲ 249%
Contributions10/11€3,000€3,000=
Reserves13€37,674€139,095▲ 269%
Distributable reserves133€37,674€139,095▲ 269%
Amounts payable17/49€20,595€43,001▲ 109%
Amounts payable within one year42/48€20,595€43,001▲ 109%
Trade debts44€804€854▲ 6.2%
Suppliers440/4€804€854▲ 6.2%
Taxes, remuneration and social security45€19,791€42,147▲ 113%
Taxes450/3€19,791€42,147▲ 113%
Line20242025Change
Profit (loss) for the period9904€37,674€101,421▲ 169%
+ Depreciation and write-downs630€2,499€5,453▲ 118%
Operating cash flow (approximation)€40,173€106,874▲ 166%
Investment in fixed assets (approximation)--€956-
Change in cash-€112,263-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
31-03
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial Equity above €100,000Eq €142,095 ▲249%
2 profitable years in a row build equity to €142,095.
31-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Bornem · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
383 m²
Building footprint
157 m²
Volume, LiDAR
980 m³
Parcel 12007D0056/02N000, Flanders · tallest building 13.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Franssens Engineering
Puursesteenweg(BOR) 84, 2880 BornemAgents in non-specialised wholesale trade
since 20242.356.351.615
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12007D0056/02N000 Flanders 383 m² 1 · 157 m² 13.7 m · 2 fl.
Linked by address, not proof of ownership
Good to know
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

Of 11,573 companies in sector 71121 we hold annual accounts for 6,570. 5,237 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded27-02-2024
Fiscal year end30-09
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
74999Other professional, scientific and technical activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:1006516243
Also 9925:BE1006516243
Registered 19-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.