FRAUKE
ActiveSummary
FRAUKE has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €73,893 and a net result of €8,856. Equity has been growing by about 24% per year since 2022. Its solvency ranks better than 89% of 20,706 sector peers (NACE 86, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 12-04-2022 Normal situation
- Activity
- Nursing and midwifery NACE 86940
- Establishment unit
- 2.330.171.711 9700 Oudenaarde, since 12-04-2022
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €13,266
- ▼ 28.8%
- Turnover
- ≈ €80,000
- estimated
- Profit
- €8,856
- ▼ 26.7%
- Equity
- €73,893
- ▲ 13.6%
- Total assets
- €79,236
- ▲ 11.8%
- 2025 accounts filed 77 days after the deadline
Score breakdownraises riskLast filed accounts filed 77 days late; 3 of the last 3 accounts late1 change of registered office in 24 monthslowers riskSector: Human health activities (NACE 86)Liquidity: current ratio 14.39, cash €44,619Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 86, micro). It does better than 82% of them on solvency, 95% on liquidity, 31% on profitability and 57% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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
The company filed its last 4 accounts on average 67 days after the deadline. In the sector (NACE 86), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 77 days after the deadline Filed on 16 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00562832.
Annual accounts 2025 filed on 16-10-2026 at the NBB all 4 filings
Every figure per financial year
The operating result for 2025 is 32% lower than in 2024 and the lowest since 2022. It is the second fall in a row.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Tangible fixed assets | €1,304 | €4,743 | €2,011 | €1,582 |
| Depreciation and write-downs of the year | €37 | €909 | €1,403 | €1,143 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €37 | €909 | €1,403 | €1,143 | ▼ 18.5% |
| Other operating charges640/8 | €298 | - | €141 | €519 | ▲ 268% |
| Gross operating margin9900 | €39,058 | €41,323 | €18,621 | €13,266 | ▼ 28.8% |
| Operating profit (loss)9901 | €38,723 | €40,414 | €17,077 | €11,604 | ▼ 32.0% |
| Financial income75/76B | €2 | - | - | €209 | - |
| Recurring financial income75 | €2 | - | - | €209 | - |
| Financial charges65/66B | €64 | €100 | €104 | €105 | ▲ 1.0% |
| Recurring financial charges65 | €64 | €100 | €104 | €105 | ▲ 1.0% |
| Profit (loss) for the period before taxes9903 | €38,661 | €40,314 | €16,973 | €11,708 | ▼ 31.0% |
| Income taxes67/77 | €14,218 | €13,294 | €4,899 | €2,852 | ▼ 41.8% |
| Profit (loss) for the period9904 | €24,443 | €27,020 | €12,074 | €8,856 | ▼ 26.7% |
| Profit (loss) for the period to be appropriated9905 | €24,443 | €27,020 | €12,074 | €8,856 | ▼ 26.7% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €41,206 | €82,979 | €70,852 | €79,236 | ▲ 11.8% |
| Fixed assets21/28 | €1,267 | €5,101 | €5,709 | €2,353 | ▼ 58.8% |
| Tangible fixed assets22/27 | €1,267 | €5,101 | €5,709 | €2,353 | ▼ 58.8% |
| Plant, machinery and equipment23 | €1,267 | €832 | €1,914 | €2,353 | ▲ 22.9% |
| Other tangible fixed assets26 | - | €4,269 | €3,795 | - | - |
| Current assets29/58 | €39,939 | €77,878 | €65,143 | €76,883 | ▲ 18.0% |
| Amounts receivable within one year40/41 | €8,850 | €8,857 | €14,351 | €20,798 | ▲ 44.9% |
| Trade receivables40 | €8,176 | €6,567 | €8,052 | €5,637 | ▼ 30.0% |
| Other amounts receivable41 | €674 | €2,290 | €6,299 | €15,161 | ▲ 141% |
| Current investments50/53 | - | - | - | €10,209 | - |
| Cash at bank and in hand54/58 | €31,089 | €68,112 | €48,794 | €44,619 | ▼ 8.6% |
| Deferred charges and accrued income490/1 | - | €909 | €1,998 | €1,257 | ▼ 37.1% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €41,206 | €82,979 | €70,852 | €79,236 | ▲ 11.8% |
| Equity10/15 | €25,943 | €52,963 | €65,037 | €73,893 | ▲ 13.6% |
| Contributions10/11 | €1,500 | €1,500 | €1,500 | €1,500 | = |
| Reserves13 | €24,443 | €51,463 | €51,463 | €51,463 | = |
| Distributable reserves133 | €24,443 | €51,463 | €51,463 | €51,463 | = |
| Profit (loss) carried forward14 | - | - | €12,074 | €20,930 | ▲ 73.3% |
| Amounts payable17/49 | €15,263 | €30,016 | €5,815 | €5,343 | ▼ 8.1% |
| Amounts payable within one year42/48 | €14,978 | €30,016 | €5,815 | €5,343 | ▼ 8.1% |
| Trade debts44 | - | €2,504 | €916 | €444 | ▼ 51.5% |
| Suppliers440/4 | - | €2,504 | €916 | €444 | ▼ 51.5% |
| Taxes, remuneration and social security45 | €14,218 | €27,512 | €4,899 | €4,899 | = |
| Taxes450/3 | €14,218 | €27,512 | €4,899 | €4,899 | = |
| Other amounts payable47/48 | €760 | - | - | - | - |
| Accrued charges and deferred income492/3 | €285 | - | - | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €24,443 | €27,020 | €12,074 | €8,856 | ▼ 26.7% |
| + Depreciation and write-downs630 | €37 | €909 | €1,403 | €1,143 | ▼ 18.5% |
| Operating cash flow (approximation) | €24,480 | €27,929 | €13,477 | €9,999 | ▼ 25.8% |
| Investment in fixed assets (approximation) | - | -€4,743 | -€2,011 | €2,213 | - |
| Change in cash | - | €37,023 | -€19,318 | -€4,175 | ▲ 78.4% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as FRAUKE has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of FRAUKE itself is lower: 0.1% within 12 months. It rests on far more data about FRAUKE than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for FRAUKE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Owners and capital
Shareholders
- SCHEPENS Frauke 100 shares (100%) · €1,500
Capital transactions
- 14-04-2022 Incorporation · €1,500 · 100 shares
Articles of association
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Articles of association, deed of 14-04-2022 (in Dutch)
Network & group
FRAUKE shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of FRAUKE. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
08-09
Gazette deed
Registered office moved from Oudenaarde to OudenaaardeNew seat: Trekweg linkeroever 26 bus 302 9700 Oudenaaarde · Previous seat: Kerzelare 125 9700 Oudenaarde · Director in office4 points ▸
- General meeting, 30-06-2025
- Registered-office move, Trekweg linkeroever 26 bus 302 9700 Oudenaaarde
- Director in office, Frauke Schepens (director)
- Other provision, “form instructions” (deed in Dutch)
14-04
Gazette deed
IncorporationStarting capital €1,500 · Appointment: SCHEPENS Frauke (director) · Founder7 points ▸
- Founder, SCHEPENS Frauke
- Incorporation, 12-04-2022
- Founding capital, €1,500
- Bank account, “KBC BANK”, 1500 (deed in Dutch)
- Director appointment, SCHEPENS Frauke (director (not named in the articles))
- Registered office clause, “9700 Oudenaarde,Kerzelare 125” (deed in Dutch)
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen en alle activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
On 12 April 2022, FRAUKE was incorporated as a private limited company by one natural person, with a starting capital of €1,500.12 In 2025 the registered office moved to Oudenaaarde.3 SCHEPENS Frauke is director of the company, appointed in the act of 14-04-2022.2 Total assets went from €41,206 in 2022 to €79,236 in 2025.4
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- Kerzelare 125, 9700 Oudenaarde until 01-07-2025 · act of 08-09-2025
Activities
NACEBEL 2025Codes under NACEBEL 2008
17 activities
- Het uitoefenen van de verpleegkunde in de ruimste betekenis.
- Het verlenen van verpleegkundige,medische,paramedische,sanitaire en hygiënische zorgen in de ruimste zin van het woord,pedicure,manicure en alle andere lichaamsverzorgende activiteiten.
- Voormelde verzorging zal verleend worden zowel bij de verpleegkundige,alsook ambulant in haar meest uitgebreide betekenis.
- Het uitoefenen en organiseren van thuisverpleging en het verstrekken van alle verpleegkundige zorgen.
- Het verlenen van preventieve en curatieve zorg;
- Het samenwerken met andere disciplines;
- Medische diensten als verpleegkundige aan ziekenhuizen,rusthuizen en andere verzorgingsinstellingen.
- Het beheren en bijhouden van alle administratie betreffende de thuisverpleging en dit voor zichzelf en voor andere.
- Het ter beschikking stellen van medisch materiaal.
- Het patrimonium van de vennootschap beheren in de ruimste zin van het woord en oordeelkundig uit te breiden,alle beschikbare middelen te beleggen of weder te beleggen,zowel in roerende als in onroerende goederen,met uitsluiting van de handelingen als vastgoedmakelaar.
- Binnen dit kader het aankopen,onderschrijven,beheren,verkopen,omruilen voor eigen rekening van aandelen,deelbewijzen en/of effecten allerlei van vennootschappen en/of verenigingen eender welke,alsmede van andere roerende en/of onroerende waarden,tegoeden en/of vorderingen.
- Binnen dit kader eveneens overgaan tot het aankopen,verkopen,opschikken,uitrusten,vouwen,verhuren,onderverhuren,in huur nemen of leasen van onroerende goederen al dan niet gemeubeld.
- Zij mag alle werkzaamheden en rechtshandelingen verrichten die rechtstreeks of onrechtstreeks in verband staan met haar voorwerp.
- Zij heeft in het algemeen de volle rechtsbekwaamheid om alle handelingen en verrichtingen te voltrekken die een rechtstreeks of onrechtstreeks verband houden met haar voorwerp of welke van die aard zouden zijn dat zij de verwezenlijking van dit voorwerp,rechtstreeks of onrechtstreeks,geheel of ten dele vergemakkelijken.
- Zij kan belangen nemen door associatie,inbreng,fusie,financiële tussenkomst of op gelijk welke andere wijze,in alle vennootschappen,verenigingen of ondernemingen met een identiek,gelijklopend of samenhangend voorwerp met het hare of die van aard kunnen zijn de ontwikkeling van haar onderneming te begunstigen of een bron van afzetten te vormen.
- Zij kan de functies van bestuurder of vereffenaar uitoefenen in andere vennootschappen.
- De vennootschap mag zich borgstellen of zakelijke zekerheden verlenen ten voordele van vennootschappen of particulieren,in de meest ruime zin.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
This address was not found in the Belgian address register (BOSA BEST).
Trekweg Linkeroever 269700 Oudenaarde