LES DEUX FRANGINS
The computed 12-month bankruptcy probability of LES DEUX FRANGINS is 5.8% (elevated). The 2023 annual accounts show negative equity (€-82k) and a net result of €25k. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 5% of 4885 sector peers (fiscal year 2023). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-82k |
| Net result | €25k |
| Better than sector | 5% |
| Active | 16 yrs |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -579.2% | 16.6% | |
| Net result | €25k | €2k | |
| Equity | €-82k | €11k | |
| Gross operating margin | €68k | €41k | |
| Staff costs | €41k | €47k |
Show 12 other metrics
| Fiscal year | 2023 |
|---|---|
| Deposit | micro schema |
| Revenue | - |
| EBITDA | €27k |
| Net profit | €25k |
| Cash flow | €27k |
| Staff costs | €41k |
| Income taxes | - |
| Dividends | - |
| Total assets | €14k |
| Equity | €-82k |
| Debt | €96k |
| of which ≤ 1y | €96k |
| of which > 1y | - |
| Working capital | €-87k |
| Employees (FTE) | - |
| 2023 | |
|---|---|
| Current ratio | 0.09 |
| Quick ratio | 0.05 |
| Working capital ratio | -617.0% |
| Solvency | -579.2% |
| Debt / equity | -1.17 |
| Long-term debt ratio | - |
| Interest coverage | 347.29 |
| Gross margin | - |
| Net margin | - |
| ROA | 174.0% |
| ROE | -30.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (20 line items)
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €14k |
| Fixed assets | 21/28 | €5k |
| Tangible fixed assets | 22/27 | €5k |
| Current assets | 29/58 | €9k |
| Stocks & contracts in progress | 3 | €4k |
| Amounts receivable within one year | 40/41 | €0 |
| Cash & bank | 54/58 | €4k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €14k |
| Equity | 10/15 | €-82k |
| Contributions / capital | 10/11 | €152k |
| Accumulated profits (losses) | 14 | €-233k |
| Amounts payable | 17/49 | €96k |
| Amounts payable within one year | 42/48 | €96k |
| Trade debts payable within one year | 44 | €907 |
| Income statement | ||
| Gross operating margin | 9900 | €68k |
| Operating result | 9901 | €25k |
| Financial charges | 65 | €79 |
| Result before taxes | 9903 | €25k |
| Net result for the period | 9904 | €25k |
| Result to be appropriated | 9905 | €25k |
-
Current29-05-2025 → present
-
Current19-10-2022 → present
Former directors (4)
-
Former01-04-2025 → 29-05-2025
2 events
- 29-05-2025 Resigned· Director
- 01-04-2025 Appointed· Director
-
Former- → 01-04-2025
-
Former- → 19-10-2022
-
Former- → 25-11-2014
| NACE primary | Activiteiten van eetgelegenheden met volledige bediening(56111) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 24-06-2010 |
| Status | Active |
| Postal code | 1070 |
Show 1 more network connections
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21306D0325/00F000 | Brussels | 2,312 m² | 1 · 1,725 m² | 40.0 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
17-12-2025 Registered office moved from ANDERLECHT to BRUXELLES
- AVENUE FRANS VAN KALKEN 9, 1070 ANDERLECHT → AVENUE FRANS VAN KALKEN 9, 1070 BRUXELLES
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "BRUXELLES",
"region": "Brussels Gewest",
"street": "AVENUE FRANS VAN KALKEN",
"country": "BE",
"postcode": "1070",
"box_number": "2",
"street_number": "9"
},
"old_address": {
"city": "ANDERLECHT",
"region": "Brussels Gewest",
"street": "AVENUE FRANS VAN KALKEN",
"country": "BE",
"postcode": "1070",
"box_number": null,
"street_number": "9"
},
"effective_date": "2025-12-01",
"evidence_quote": "Le transfert du si\u00E8ge social \u00E0 AVENUE FRANS VAN KALKEN 9 BO\u00CETE 2 \u00E0 1070 BRUXELLES et ce avec effet le 01/12/2025."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0826.906.291",
"name_full": "LES DEUX FRANGINS",
"legal_form": "SPRL"
}
}11-06-2025 2 directors appointed, 2 resigning
- Laiti Ben Ayyad Mustapha, Bestuurder
- Bazzaarouj Houda, Bestuurder
- Ben Allouch Brahim, Bestuurder
- Laiti Ben Ayyad Mustapha, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Ben Allouch Brahim",
"address": null,
"birth_date": null
},
"effective_date": "2025-04-01",
"evidence_quote": "Monsieur Ben Allouch Brahim annonce sa d\u00E9mission de ses fonctions au sein de la soci\u00E9t\u00E9 LES DEUX FRANGINS, et ce, avec effet imm\u00E9diat \u00E0 compter du 01/04/2025."
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Laiti Ben Ayyad Mustapha",
"address": null,
"birth_date": null
},
"effective_date": "2025-04-01",
"evidence_quote": "Il est propos\u00E9 de nommer Monsieur Laiti Ben Ayyad Mustapha aux fonctions vacantes, avec effet au 01/04/2025."
},
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Laiti Ben Ayyad Mustapha",
"address": null,
"birth_date": null
},
"effective_date": "2025-05-29",
"evidence_quote": "Monsieur Laiti Ben Ayyad Mustapha annonce sa d\u00E9mission de ses fonctions au sein de la soci\u00E9t\u00E9 LES DEUX FRANGINS, et ce, avec effet imm\u00E9diat \u00E0 compter du 29/05/2025."
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Bazzaarouj Houda",
"address": null,
"birth_date": null
},
"effective_date": "2025-05-29",
"evidence_quote": "Il est propos\u00E9 de nommer Madame Bazzaarouj Houda aux fonctions vacantes, avec effet au 29/05/2025."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0826.906.291",
"name_full": "LES DEUX FRANGINS",
"legal_form": "SPRL"
}
}06-06-2023 Transaction in capital or shares
Technical details
{
"events": [
{
"kind": "share_transfer",
"amount": 100,
"currency": "EUR",
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"amount_type": "onbekend",
"effective_date": "2023-06-01",
"evidence_quote": "Monsieur BEN YOUSSEF \u041C\u041EH\u0410\u041CMED SAID c\u00E8de 50 actions \u00E0 Monsieur BEN ALLOUCH BRAHIM et 50 actions \u00E0 Monsieur LAITI BEN AYYAD MUST\u0410\u0420\u041D\u0410.",
"contribution_type": null
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0826.906.291",
"name_full": "LES DEUX FRANGINS",
"legal_form": "SPRL"
}
}07-12-2022 Transaction in capital or shares
Technical details
{
"events": [
{
"kind": "share_transfer",
"amount": 815,
"currency": null,
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"amount_type": "onbekend",
"effective_date": "2022-10-19",
"evidence_quote": "Monsieur COUNDOURAS ANTONIO c\u00E8de 815 actions \u00E0 BEN YOUSSEF MOHAMMED SAID.",
"contribution_type": null
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0826.906.291",
"name_full": "LES DEUX FRANGINS",
"legal_form": "SPRL"
}
}25-02-2022 Registered office moved from FOREST to Neder-Over-Heembeek
- RUE DE GENES 8, 1190 FOREST → Rue François Vekemans 208, 1120 Neder-Over-Heembeek
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Neder-Over-Heembeek",
"region": "Brussels Gewest",
"street": "Rue Fran\u00E7ois Vekemans",
"country": "BE",
"postcode": "1120",
"box_number": null,
"street_number": "208"
},
"old_address": {
"city": "FOREST",
"region": "Brussels Gewest",
"street": "RUE DE GENES",
"country": "BE",
"postcode": "1190",
"box_number": "b1",
"street_number": "8"
},
"effective_date": "2022-01-18",
"evidence_quote": "L\u0027Assembl\u00E9e G\u00E9n\u00E9rale Extraordinaire du 18 janvier 2022 accepte \u00E0 l\u0027unanimit\u00E9 le transfert du si\u00E8ge social vers 1120 Neder-Over-Heembeek, Rue Fran\u00E7ois Vekemans 208."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0826.906.291",
"name_full": "LES DEUX FRANGINS",
"legal_form": "SPRL"
}
}24-06-2016 Capital increase of €83,000 to €101,600
- €18.600 → €101.600
- 2 kapitaalbewegingen in deze akte
Technical details
{
"events": [
{
"kind": "capital_increase",
"amount": 83000.0,
"currency": "EUR",
"after_eur": 101600.0,
"delta_eur": 83000.0,
"before_eur": 18600.0,
"amount_type": "kapitaal_effectief",
"effective_date": "2016-06-09",
"evidence_quote": "L\u0027assembl\u00E9e d\u00E9cide, au vu des rapports ci-dessus, d\u0027augmenter le capital social \u00E0 concurrence de quatre-vingt-trois mille euros (\u20AC 83.000,00) pour le porter de dix-huit mille six cents euros (\u20AC 18.600,00) \u00E0 cent un mille six cents euros (\u20AC101.600,00) par voie d\u0027apport par Monsieur COUNDOURAS Antonio, d\u0027une partie d\u0027une cr\u00E9ance certaine, liquide et exigible qu\u0027il poss\u00E8de contre la pr\u00E9sente soci\u00E9t\u00E9, et ce \u00E0 concurrence de quatre-vingt-trois mille euros (\u20AC83.000,00)",
"contribution_type": "in_kind"
},
{
"kind": "capital_increase",
"amount": 50000.0,
"currency": "EUR",
"after_eur": 151600.0,
"delta_eur": 50000.0,
"before_eur": 101600.0,
"amount_type": "kapitaal_effectief",
"effective_date": "2016-06-09",
"evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale d\u00E9cide d\u0027augmenter le capital social \u00E0 concurrence de cinquante mille euros (\u20AC 50.000,00) pour le porter de cent un mille six cents euros (\u20AC 101.600,00) \u00E0 cent cinquante et un mille six cents euros (\u20AC151.600,00) par apport en esp\u00E8ces",
"contribution_type": "cash"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0826.906.291",
"name_full": "LES DEUX FRANGINS",
"legal_form": "SPRL"
}
}15-12-2014 LOULAS Constantinos resigns as managing director
- LOULAS Constantinos, Gedelegeerd bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "gedelegeerd_bestuurder",
"person": {
"rrn": null,
"name": "LOULAS Constantinos",
"address": null,
"birth_date": null
},
"effective_date": "2014-11-25",
"evidence_quote": "L\u0027assembl\u00E9e accepte, \u00E0 l\u0027unanimit\u00E9, la d\u00E9mission de Monsieur LOULAS Constantinos (70.08.09-00-725) de son poste de g\u00E9rant de la soci\u00E9t\u00E9 \u00E0 partir de ce jour. D\u00E9charge pleine et enti\u00E8re lui est donn\u00E9 pour l\u0027exercice de son mandat.",
"discharge_granted": true
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0826.906.291",
"name_full": "LES DEUX FRANGINS",
"legal_form": "SPRL"
}
}| Legal nameFR | LES DEUX FRANGINS |