FRENCH CONNECTION
ActiveFRENCH CONNECTION has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-26k) and a net result of €-15k. Equity is shrinking by ~44.6% per year across the filed fiscal years. Its solvency ranks better than 5% of 4355 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
28
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.12 against 0.25 in 2023; short-term debt: 260.6% and cash: 1.5% of total assets), and equity is negative.
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-160.6%
Return on assets
-90.8%
Age of the figures
21 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Sector 74
lower
← fewer bankruptcies
more bankruptcies →
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 · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-26k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-10-2025, 68 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
not confirmed
2024
68 d late
2023
118 d late
2022
150 d late
2021
153 d late
2020
92 d late
2019
153 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-26k▼ 130%
2023 · €-11k
2018: €41k
2019: €33k
2020: €25k
2021: €24k
2022: €11k
2023: €-11k
2018 → 2024
Total assets
€16k▼ 28.0%
2023 · €22k
2018: €76k
2019: €64k
2020: €54k
2021: €41k
2022: €27k
2023: €22k
2018 → 2024
Net result
€-15k▲ 33.9%
2023 · €-22k
2018: €19k
2019: €-7k
2020: €-8k
2021: €-1k
2022: €-13k
2023: €-22k
2018 → 2024
Working capital
€-37k▼ 46.0%
2023 · €-25k
2018: €34k
2019: €5k
2020: €5k
2021: €539
2022: €-5k
2023: €-25k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€25k-€24k▼ 5.3%€11k▼ 53.5%€-11k€-26k▼ 130%
Operating result€-8k-€1k€-9k€-14k▼ 52.7%€-9k▲ 37.3%
Net result€-8k-€-1k▲ 84.5%€-13k▼ 859%€-22k▼ 76.7%€-15k▲ 33.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €9k in 2024 against €14k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €16k
Fixed assets
€11k▼ 21.8%
Current assets
€5k▼ 38.3%
Key figures and ratios
EBITDA
€-6k▲
2023 · €-9k
Cash flow
€-12k▲
2023 · €-17k
Solvency
-160.6%▼
2023 · -50.2%
Current ratio
0.12▼
2023 · 0.25
Quick ratio
0.12▼
2023 · 0.25
Debt / equity
-1.62▲
2023 · -2.99
ROA
-90.8%▲
2023 · -99.0%
Interest coverage
-1.07▲
2023 · -1.23
Debt
€42k▲
2023 · €34k
Debt ≤ 1 year
€42k▲
2023 · €34k
Income taxes
€294▼
2023 · €348
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€22k€16k▼
Fixed assets21/28€14k€11k▼
Tangible fixed assets22/27€14k€11k▼
Plant, machinery and equipment23€11k€8k▼
Furniture and vehicles24€3k€3k▼
Current assets29/58€8k€5k▼
Amounts receivable within one year40/41€6k€3k▼
Trade receivables40€5k€3k▼
Other amounts receivable41€1k-
Cash at bank and in hand54/58€240€240=
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€22k€16k▼
Equity10/15€-11k€-26k▼
Contributions10/11€19k€19k=
Reserves13€14k€14k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€12k€12k=
Profit (loss) carried forward14€-44k€-58k▼
Amounts payable17/49€34k€42k▲
Amounts payable within one year42/48€34k€42k▲
Financial debts43€2k€916▼
Credit institutions430/8€2k€916▼
Trade debts44€13k€15k▲
Suppliers440/4€13k€15k▲
Taxes, remuneration and social security45€2k€1k▼
Taxes450/3€2k€1k▼
Other amounts payable47/48€16k€25k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€3k▼
Other operating charges640/8-€1k
Gross operating margin9900€-9k€-5k▲
Operating profit (loss)9901€-14k€-9k▲
Financial income75/76B€18-
Recurring financial income75€18-
Financial charges65/66B€8k€5k▼
Recurring financial charges65€8k€5k▼
Profit (loss) for the period before taxes9903€-22k€-14k▲
Income taxes67/77€348€294▼
Profit (loss) for the period9904€-22k€-15k▲
Profit (loss) for the period to be appropriated9905€-22k€-15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-44k€-58k▼
Profit (loss) brought forward from the previous period14P€-22k€-44k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 68 days late
2024
26-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 118 days late
2023
31-12
Financial
Weakest financial yearnet €-22k
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
28-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 150 days late
2022
31-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 153 days late
2021
31-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 92 days late
2020
31-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 153 days late
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 92 days late
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 92 days late
2017
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 61 days late
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Villers-la-Ville · 1 establishment unit since 2005
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.
Bois Pinchet 141495 Villers-la-VilleGround area
1,524 m²
Building footprint
200 m²
Parcel 25107D0016/00X000, Wallonia. Linked by address, not a title deed.
1 establishment unit
French Connection
since 20052.149.048.757
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25107D0016/00X000 | Wallonia | 1,524 m² | 1 · 200 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
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TRANSVOCA
BE 0734.719.075
Linter · Eq €11k
LE BON SENS
BE 0889.491.087
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A.B.M.
BE 0859.724.658
Liège · Eq €10k
Of 4,530 companies in sector 74301 we hold annual accounts for 719. 460 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded06-09-2005
Fiscal year end31-12
Activities, NACEBEL
74300Other professional, scientific and technical activities
74301Translation services
74852
Sources
Crossroads Bank for EnterprisesNational Bank · 19 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.