J & J FRANCQUE
ActiveJ & J FRANCQUE has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €68k and a net result of €-23k. Equity is shrinking by ~5.4% per year across the filed fiscal years. Its solvency ranks better than 24% of 179 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
48
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability17▼-5
Solvency39▼-3
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity short (current ratio 0.1 against 0.26 in 2024; short-term debt: 34.5% and cash: 0.2% of total assets), and 86.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 35
Relative position
BE, all sectors
reference
Sector 35
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 · 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 2025Solvency, return and age of the figures
Solvency
13.7%
Return on assets
-4.7%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-23k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 179 sector peers (2025).
NBB · sector comparisonPosition among 179 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
13 d early
2023
28 d late
2022
12 d early
2021
17 d early
2020
24 d late
2019
32 d early
← 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€68k▼ 25.6%
2024 · €91k
2018: €105k
2019: €135k
2020: €114k
2021: €110k
2022: €114k
2023: €112k
2024: €91k
2018 → 2025
Total assets
€494k▼ 7.5%
2024 · €534k
2018: €314k
2019: €276k
2020: €449k
2021: €424k
2022: €406k
2023: €395k
2024: €534k
2018 → 2025
Net result
€-23k▼ 61.0%
2024 · €-15k
2018: €16k
2019: €29k
2020: €-20k
2021: €-4k
2022: €4k
2023: €-2k
2024: €-15k
2018 → 2025
Working capital
€-154k▼ 30.8%
2024 · €-117k
2018: €-55k
2019: €110k
2020: €-7k
2021: €-32k
2022: €-37k
2023: €-59k
2024: €-117k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€110k-€114k▲ 3.7%€112k▼ 2.1%€91k▼ 18.6%€68k▼ 25.6%
Operating result€2k-€11k▲ 453%€694▼ 93.7%€-4k€-12k▼ 184%
Net result€-4k-€4k€-2k€-15k▼ 493%€-23k▼ 61.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €12k in 2025 against €4k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €494k
Fixed assets
€477k▼ 3.3%
Current assets
€17k▼ 58.6%
Equity and liabilities €494k
Equity
€68k▼ 25.6%
Debt
€426k▼ 3.8%
The debt ratio rises from 82.9% to 86.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€5k▼
2024 · €9k
Cash flow
€-6k▼
2024 · €-1k
Solvency
13.7%▼
2024 · 17.1%
Current ratio
0.10▼
2024 · 0.26
Quick ratio
0.10▼
2024 · 0.26
Debt / equity
6.29▲
2024 · 4.86
ROE
-34.5%▼
2024 · -15.9%
ROA
-4.7%▼
2024 · -2.7%
Interest coverage
0.47▼
2024 · 0.86
Debt
€426k▼
2024 · €443k
Debt ≤ 1 year
€170k▲
2024 · €158k
Debt > 1 year
€255k▼
2024 · €284k
Income taxes
€151▲
2024 · €-33
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€534k€494k▼
Fixed assets21/28€494k€477k▼
Tangible fixed assets22/27€494k€477k▼
Land and buildings22€492k€476k▼
Furniture and vehicles24€2k€2k▼
Current assets29/58€40k€17k▼
Amounts receivable within one year40/41€28k€4k▼
Trade receivables40€17k€1k▼
Other amounts receivable41€10k€3k▼
Current investments50/53€12k€12k=
Cash at bank and in hand54/58€1k€1k▲
Deferred charges and accrued income490/1€242€253▲
Equity and liabilities
Total equity and liabilities10/49€534k€494k▼
Equity10/15€91k€68k▼
Contributions10/11€19k€19k=
Reserves13€37k€37k=
Distributable reserves133€37k€37k=
Profit (loss) carried forward14€36k€12k▼
Amounts payable17/49€443k€426k▼
Amounts payable after more than one year17€284k€255k▼
Financial debts170/4€284k€255k▼
Amounts payable within one year42/48€158k€170k▲
Current portion of amounts payable after more than one year42€30k€29k▼
Financial debts43€2k€22k▲
Credit institutions430/8€2k€22k▲
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Taxes, remuneration and social security45€2k€2k▲
Taxes450/3€2k€980▼
Remuneration and social security454/9€0€920▲
Other amounts payable47/48€123k€116k▼
Accrued charges and deferred income492/3€1k€1k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€17k▲
Other operating charges640/8€4k€4k▼
Gross operating margin9900€13k€9k▼
Operating profit (loss)9901€-4k€-12k▼
Financial income75/76B€41€269▲
Recurring financial income75€41€269▲
Financial charges65/66B€10k€11k▲
Recurring financial charges65€10k€11k▲
Profit (loss) for the period before taxes9903€-15k€-23k▼
Income taxes67/77€-33€151▲
Profit (loss) for the period9904€-15k€-23k▼
Profit (loss) for the period to be appropriated9905€-15k€-23k▼
Appropriation of the result
Profit (loss) to be appropriated9906€36k€12k▼
Profit (loss) brought forward from the previous period14P€50k€36k▼
Transfer from equity791/2€6k€0▼
Profit to be distributed694/7€6k€0▼
Return on contributions (dividend)694€6k€0▼
The notes to these accounts (7 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-23k
Net result drops to €-23k, the lowest in the series.
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €4k
Net result €4k after 2 loss-making years.
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €29k ▲79.5%
Operating result €49k, net result €29k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 2.53
Current ratio from 0.59 to 2.53; short-term debt falls from €133k to €72k.
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
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
2 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, Sint-Laureins · 1 establishment unit since 2009
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.
Graafjansdijk(STJ) 289982 Sint-LaureinsGround area
1,702 m²
Building footprint
228 m²
Volume, LiDAR
1,245 m³
2 parcels, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
J & J
since 20092.183.943.617
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43013C0873/00E002indicative | Flanders | 1,081 m² | 1 · 120 m² | 9.5 m · 2 fl. |
| 43013C0549/00V000 | Flanders | 621 m² | 1 · 108 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 107 companies in sector 35130 we hold annual accounts for 70. 32 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-09-2009
Fiscal year end31-12
Activities, NACEBEL
35130Electricity, gas, steam and air conditioning supply
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 16 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.