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VAN DEN BORNE FRANS

Active
Private limited companyfounded 1976active for 50 yearsSchietstandlaan 1, 2300 Turnhout, BelgiumKBO/BCE: BE 0415.929.763
Summary

VAN DEN BORNE FRANS has been active since 1976 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €221,830 and a net result of -€10,208. Equity is shrinking by about 4.1% per year across the filed financial years. Its solvency ranks better than 88% of 9,787 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Activity
Plumbing work
NACE 43221Installation of electric heating, air conditioning, cooling and ventilation NACE 43222
5th oldest company in Turnhout, Construction sector1 site
Size
€359,446turnover 2025
Staff
1.4 FTE
Equity
€221,830
Loss
-€10,208
Financial health
69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Structure
Parent
SANI - CONSULT · 100%
Accounts 51 days early
Why 69raises riskSector: Specialised construction activities (NACE 43)Size: turnover €359,446, 1.4 FTE, total assets €272,907Liquidity: current ratio 4.84, cash €15,164, halvedlowers riskEquity €221,830 (81.3% of total assets)Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 46% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Average
Solvency 100+7
equity 81.3% of total assets
Liquidity 56+8
short-term debt 11.5% · cash 5.6%
Profitability 15+12
return on assets -3.7%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,613 companies, NACE 43, micro)
Last 24 months 11-2024: 1.1% 12-2024: 1.4%▲ +0.3 percentage points vs 11-2024 01-2025: 2.1%▲ +0.7 percentage points vs 12-2024 02-2025: 2.1%● unchanged vs 01-2025 03-2025: 2.6%▲ +0.5 percentage points vs 02-2025 04-2025: 4.3%▲ +1.7 percentage points vs 03-2025 05-2025: 4.3%● unchanged vs 04-2025 06-2025: 4.4%▲ +0.1 percentage points vs 05-2025 07-2025: 4.6%▲ +0.2 percentage points vs 06-2025highest value 08-2025: 1.0%▼ -3.6 percentage points vs 07-2025 09-2025: 1.0%● unchanged vs 08-2025 10-2025: 1.0%● unchanged vs 09-2025 11-2025: 1.0%● unchanged vs 10-2025 12-2025: 1.0%● unchanged vs 11-2025 01-2026: 1.0%● unchanged vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 1.0%● unchanged vs 05-2026 07-2026: 0.7%▼ -0.3 percentage points vs 06-2026lowest value 08-2026: 0.7%● unchanged vs 07-2026lowest value 09-2026: 0.7%● unchanged vs 08-2026lowest value 10-2026: 0.7%● unchanged vs 09-2026lowest value
Credit of up to €15,000 on 30-day terms is acceptable
Liquidity ample (current ratio 4.84, compared with 1.99 in 2024, above the usual 1.5; short-term debt: 11.5% and cash: 5.6% of total assets), and 18.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 90% on solvency, 52% on liquidity, 13% on profitability and 29% on growth.

The bankruptcy probability was computed on 23-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Size: turnover €359,446, 1.4 FTE, total assets €272,907
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 4.84, cash €15,164, halved
NBB · annual accounts
lowers risk · Equity €221,830 (81.3% of total assets)
NBB · annual accounts
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 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€10,208
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-06-2026, 51 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
51 days early
2024
3 days early
2023
126 days early
2022
53 days early
2021
10 days early
2020
37 days early
2019
3 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 40 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Liquidity more than doubledcurrent ratio 4.84
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Caution: Among the weakest 14% on net resultsector median €27,057 · 9,779 companies -€10,208 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by SANI - CONSULT 100% View
  • Caution: 2 loss-making years in a rowloss financial year 2025 -€10,208 View
  • Active since 1976founded 23-03-1976 50 years View

By topic

Financials

Financial year
2025
Turnover
€359,446
Loss
-€10,208
Solvency
81.3%
Go to Financials

Board & ownership

Board
1 member
Parent
SANI - CONSULT · 100%
  • VAN DEN BORNE,Paul Jan AdriaanDirector
Go to Board & ownership

Timeline

Events
52
Since
1978
Next accounts
by 31-07-2027
  1. 11-12-2023Resignation: VAN DEN BORNE,Paul Jan Adriaan (manager)
  2. 27-06-2023Annual accounts filed
  3. 08-09-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Plumbing workNACE 43221
Founded
23-03-1976
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
12
Who signs
Each director alone
Annual meeting
Last Friday of June at 14:00
Purpose
“Het leveren,plaatsen,onderhouden en herstellen van sanitaire inrichtingen;van centrale…” (deed in Dutch)
Go to Articles of association

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