FRANTSEN
ActiveSummary
FRANTSEN has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €579k and a net result of €109k. Equity is growing by ~3.3% per year across the filed fiscal years. Its solvency ranks better than 48% of 8001 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▲+3
Solvency67▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 1.67 against 1.51 in 2024; short-term debt: 37.4% and cash: 3.3% of total assets), but 58.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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
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 →
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
41.9%
Return on assets
7.9%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 04-02-2026, 4 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
4 d late
2024
27 d late
2023
on the day
2022
1 d late
2021
on the day
2020
2 d early
2019
7 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€579k▲ 8.3%
2024 · €534k
2019: €458k
2020: €472k
2021: €482k
2022: €501k
2023: €519k
2024: €534k
2019 → 2025
Total assets
€1.38M▼ 4.2%
2024 · €1.44M
2019: €866k
2020: €790k
2021: €873k
2022: €1.36M
2023: €1.38M
2024: €1.44M
2019 → 2025
Net result
€109k▲ 37.0%
2024 · €80k
2019: €26k
2020: €13k
2021: €25k
2022: €19k
2023: €69k
2024: €80k
2019 → 2025
Working capital
€347k▲ 15.5%
2024 · €301k
2019: €323k
2020: €356k
2021: €386k
2022: €286k
2023: €288k
2024: €301k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€482k-€501k▲ 3.9%€519k▲ 3.7%€534k▲ 2.9%€579k▲ 8.3%
Operating result€21k-€11k▼ 48.3%€66k▲ 502%€96k▲ 45.9%€140k▲ 46.0%
Net result€25k-€19k▼ 25.5%€69k▲ 265%€80k▲ 16.3%€109k▲ 37.0%
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 three years in a row; 2025 is 46% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.38M
Fixed assets
€516k ▼ 6.7%
Current assets
€863k ▼ 2.6%
Equity and liabilities €1.38M
Equity
€579k ▲ 8.3%
Debt
€801k ▼ 11.5%
Debt's share of the balance-sheet total falls from 62.9% to 58.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€190k▲
2024 · €147k
Cash flow
€159k▲
2024 · €131k
Current ratio
1.67▲
2024 · 1.51
Quick ratio
1.51▲
2024 · 1.33
Debt to equity
1.38▼
2024 · 1.69
ROE
18.9%▲
2024 · 14.9%
ROA
7.9%▲
2024 · 5.5%
Interest coverage
29.92▲
2024 · 21.11
Debt ≤ 1 year
€515k▼
2024 · €585k
Debt > 1 year
€280k▼
2024 · €315k
Income taxes
€42k▲
2024 · €26k
Staff costs
€595k▲
2024 · €593k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.44M€1.38M▼
Fixed assets21/28€553k€516k▼
Intangible fixed assets21€2k€486▼
Tangible fixed assets22/27€551k€516k▼
Land and buildings22€479k€446k▼
Plant, machinery and equipment23€68k€59k▼
Furniture and vehicles24€4k€11k▲
Current assets29/58€886k€863k▼
Stocks and contracts in progress3€110k€86k▼
Stocks30/36€110k€86k▼
Amounts receivable within one year40/41€242k€293k▲
Trade receivables40€242k€293k▲
Current investments50/53€445k€425k▼
Cash at bank and in hand54/58€74k€46k▼
Deferred charges and accrued income490/1€15k€13k▼
Equity and liabilities
Total equity and liabilities10/49€1.44M€1.38M▼
Equity10/15€534k€579k▲
Contributions10/11€37k€37k=
Reserves13€497k€541k▲
Non-distributable reserves130/1€4k€4k=
Reserves not available under the articles1311€4k€4k=
Tax-exempt reserves132€13k€13k=
Distributable reserves133€481k€525k▲
Amounts payable17/49€905k€801k▼
Amounts payable after more than one year17€315k€280k▼
Financial debts170/4€315k€280k▼
Amounts payable within one year42/48€585k€515k▼
Current portion of amounts payable after more than one year42€37k€36k▼
Trade debts44€269k€199k▼
Suppliers440/4€269k€199k▼
Advances received on contracts in progress46€109k€86k▼
Taxes, remuneration and social security45€105k€129k▲
Taxes450/3€21k€43k▲
Remuneration and social security454/9€83k€86k▲
Other amounts payable47/48€65k€66k▲
Accrued charges and deferred income492/3€4k€5k▲
Income statement
Code20242025
Remuneration, social security and pensions62€593k€595k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51k€50k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€25k
Other operating charges640/8€11k€11k▲
Gross operating margin9900€751k€821k▲
Operating profit (loss)9901€96k€140k▲
Financial income75/76B€16k€17k▲
Recurring financial income75€16k€17k▲
Financial charges65/66B€7k€6k▼
Recurring financial charges65€7k€6k▼
Profit (loss) for the period before taxes9903€106k€151k▲
Income taxes67/77€26k€42k▲
Profit (loss) for the period9904€80k€109k▲
Profit (loss) for the period to be appropriated9905€80k€109k▲
Appropriation of the result
Profit (loss) to be appropriated9906€80k€109k▲
Transfer to equity691/2€15k€44k▲
To other reserves6921€15k€44k▲
Profit to be distributed694/7€65k€65k=
Return on contributions (dividend)694€65k€65k=
Social balance
Average headcount (FTE)90879.59.6▲
The notes to these accounts (18 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
04-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 4 days late
2025
30-06
Financial
Highest result since 2019net €109k ▲37%
Operating result €140k, net result €109k, both a record.
27-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 27 days late
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
01-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 1 day late
2022
30-06
Financial
Equity above €500kEq €501k ▲3.9%
4 profitable years in a row build equity to €501k.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Weakest financial yearnet €13k ▼48.9%
Net result drops to €13k, the lowest in the series; recovery starts the following year.
24-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
12-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 12 days late
2017
21-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
22-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Landen · 1 establishment unit since 1987
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.
Roosberg 53400 LandenGround area
7,989 m²
Building footprint
2,574 m²
Volume, LiDAR
17,087 m³
2 parcels, Flanders · tallest building 14.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BVBA FRANTSEN
since 19872.030.633.830
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24089A0110/00K000 | Flanders | 4,269 m² | 1 · 1,047 m² | 11.4 m · 2 fl. |
| 24089A0110/00G000 | Flanders | 3,721 m² | 1 · 1,526 m² | 14.1 m · 2 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
2022 to 2024 · 3 entries · 449 EUR awarded · 541 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 0 EUR | 344 EUR |
| 2023 | 1 | 344 EUR | 92 EUR |
| 2022 | 1 | 105 EUR | 105 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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BE 0465.429.160
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METRO IMPEX BELGIUM
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Of 1,565 companies in sector 46900 we hold annual accounts for 920. 660 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded10-06-1987
Fiscal year end30-06
Activities, NACEBEL 2025
25999Manufacture of fabricated metal products, except machinery and equipment
46900Non-specialised wholesale trade
47789Other retail sale of new goods
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.