Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.
Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of Stfran. is < 0.1% (very low). The 2023 annual accounts show equity of €2.10M and a net result of €2k. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 75% of 85 sector peers (fiscal year 2023). The company has been active since 1962 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 6 annual accounts.
Signals
2 signals · with evidenceSignals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Trust signals
3 signalsAdministrative Flags
0 eventsBankruptcy probability (12 mo)
Checked model v1 · free for everyoneStatistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
Annual accounts & ratios
Source: NBB · 2023How 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 | 72.6% | 52.3% | |
| Net result | €2k | €19k | |
| Equity | €2.10M | €229k | |
| Gross operating margin | €69k | €118k | |
| Staff costs | €5k | €510k |
| Fiscal year | 2023 |
|---|---|
| Revenue | €76k |
| EBITDA | €63k |
| Net profit | €2k |
| Cash flow | €55k |
| Staff costs | €5k |
| Income taxes | - |
| Dividends | - |
| Total assets | €2.89M |
| Equity | €2.10M |
| Debt | €791k |
| of which ≤ 1y | €163k |
| of which > 1y | €426k |
| Working capital | €1.36M |
| Employees (FTE) | - |
| 2023 | |
|---|---|
| Current ratio | 9.40 |
| Quick ratio | 9.16 |
| Working capital ratio | 47.2% |
| Solvency | 72.6% |
| Debt / equity | 0.38 |
| Long-term debt ratio | 0.20 |
| Interest coverage | 7.50 |
| Gross margin | -440.5% |
| Net margin | 2.3% |
| ROA | 0.1% |
| ROE | 0.1% |
| EBITDA margin | 82.9% |
| Days sales outstanding | 1974d |
| Days payable outstanding | 118d |
| Inventory turnover | 10.61 |
| Days inventory (DSI) | 34d |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €2.89M |
| Fixed assets | 21/28 | €1.36M |
| Tangible fixed assets | 22/27 | €1.36M |
| Financial fixed assets | 28 | €900 |
| Current assets | 29/58 | €1.53M |
| Stocks & contracts in progress | 3 | €39k |
| Amounts receivable within one year | 40/41 | €411k |
| Investments | 50/53 | €700k |
| Cash & bank | 54/58 | €341k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.89M |
| Equity | 10/15 | €2.10M |
| Contributions / capital | 10/11 | €245k |
| Reserves | 13 | €1.16M |
| Accumulated profits (losses) | 14 | €697k |
| Amounts payable | 17/49 | €791k |
| Amounts payable after one year | 17 | €426k |
| Amounts payable within one year | 42/48 | €163k |
| Trade debts payable within one year | 44 | €132k |
| Income statement | ||
| Turnover | 70 | €76k |
| Gross operating margin | 9900 | €69k |
| Operating result | 9901 | €10k |
| Financial income | 75 | €122 |
| Financial charges | 65 | €8k |
| Result before taxes | 9903 | €2k |
| Net result for the period | 9904 | €2k |
| Result to be appropriated | 9905 | €2k |
Health barometer
FY 2023 · computedUnlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Structure & network
Locations & real estate
Registered office
on the map · from the address registerEstablishment units
1 locationReal-estate footprint
Source: CBE × cadastre · address linkingParcels 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. |
|---|---|---|---|---|
| 24505K0046/00H004 | Flanders | 42.5 ha | 1 · 6.4 ha | 34.2 m · 3 fl. |
Analysis
Snowflake analysis
financial profile on 5 axesExceptional profile, strong across almost every axis.
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Credit advice
verdict per customer and amountSimilar
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Company registry (CBE)
Crossroads Bank| Legal nameNL | Stfran. |