ETIENNE FRANKART-ARCHITECTE
ActiveETIENNE FRANKART-ARCHITECTE has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €44k and a net result of €8k. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 74% of 9450 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
93
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▲+78
Solvency100=
Growth52▲+20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 3.76 against 6.75 in 2024; short-term debt: 23% and cash: 51.2% of total assets), and 23% 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 71
Relative position
BE, all sectors
reference
Sector 71
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
77%
Return on assets
14.8%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €44k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 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
19 d late
2024
12 d late
2023
2 d early
2022
5 d early
2021
37 d early
2020
27 d late
2019
25 d late
← 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€44k▲ 23.8%
2024 · €36k
2018: €36k
2019: €47k
2020: €32k
2021: €39k
2022: €42k
2023: €39k
2024: €36k
2018 → 2025
Total assets
€57k▲ 41.8%
2024 · €40k
2018: €64k
2019: €57k
2020: €45k
2021: €49k
2022: €57k
2023: €49k
2024: €40k
2018 → 2025
Net result
€8k
2024 · €-3k
2018: €17k
2019: €13k
2020: €17k
2021: €10k
2022: €6k
2023: €-3k
2024: €-3k
2018 → 2025
Working capital
€36k▲ 32.5%
2024 · €28k
2018: €32k
2019: €43k
2020: €32k
2021: €37k
2022: €39k
2023: €33k
2024: €28k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€39k-€42k▲ 8.2%€39k▼ 8.0%€36k▼ 8.0%€44k▲ 23.8%
Operating result€29k-€25k▼ 14.6%€14k▼ 41.6%€-3k€12k
Net result€10k-€6k▼ 42.0%€-3k€-3k▲ 8.2%€8k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €12k after a loss of €3k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €57k
Fixed assets
€8k▼ 6.0%
Current assets
€50k▲ 53.7%
Equity and liabilities €57k
Equity
€44k▲ 23.8%
Debt
€13k▲ 176%
The debt ratio rises from 11.9% to 23.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€14k▲
2024 · €-772
Cash flow
€11k▲
2024 · €-1k
Solvency
77.0%▼
2024 · 88.1%
Current ratio
3.76▼
2024 · 6.75
Quick ratio
3.76▼
2024 · 6.75
Debt / equity
0.30▲
2024 · 0.13
ROE
19.2%▲
2024 · -8.7%
ROA
14.8%▲
2024 · -7.7%
Interest coverage
39.39▲
2024 · -2.30
Debt
€13k▲
2024 · €5k
Debt ≤ 1 year
€13k▲
2024 · €5k
Income taxes
€3k▲
2024 · €148
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€40k€57k▲
Fixed assets21/28€8k€8k▼
Tangible fixed assets22/27€8k€8k▼
Plant, machinery and equipment23€634€317▼
Furniture and vehicles24€7k€7k▼
Current assets29/58€32k€50k▲
Amounts receivable within one year40/41€6k€19k▲
Trade receivables40€1k€14k▲
Other amounts receivable41€4k€5k▲
Cash at bank and in hand54/58€25k€29k▲
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€40k€57k▲
Equity10/15€36k€44k▲
Contributions10/11€767€767=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€33k€41k▲
Amounts payable17/49€5k€13k▲
Amounts payable within one year42/48€5k€13k▲
Trade debts44€265€4k▲
Suppliers440/4€265€4k▲
Taxes, remuneration and social security45€5k€9k▲
Taxes450/3€5k€6k▲
Remuneration and social security454/9-€3k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Other operating charges640/8€673€758▲
Gross operating margin9900€-100€15k▲
Operating profit (loss)9901€-3k€12k▲
Financial income75/76B€149€68▼
Recurring financial income75€149€68▼
Financial charges65/66B€335€365▲
Recurring financial charges65€335€365▲
Profit (loss) for the period before taxes9903€-3k€11k▲
Income taxes67/77€148€3k▲
Profit (loss) for the period9904€-3k€8k▲
Profit (loss) for the period to be appropriated9905€-3k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€33k€41k▲
Profit (loss) brought forward from the previous period14P€36k€33k▼
The notes to these accounts (5 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
19-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 19 days late
2025
31-12
Financial
Back to profitnet €8k
Net result €8k after 2 loss-making years.
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 12 days late
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-3k ▼160%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Highest result since 2018net €17k ▲33.1%
Operating result €40k, net result €17k, both a record.
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 25 days late
2019
31-12
Financial
Liquidity triplescurrent ratio 5.38
Current ratio from 2.15 to 5.38; short-term debt falls from €28k to €10k.
08-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 8 days late
2018
08-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
14-06
NBB filing
Annual accounts filed
fiscal year 2016 · full 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, Namur · 1 establishment unit since 2002
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.
Chaussée de Dinant(WP) 10095100 NamurGround area
4,131 m²
Building footprint
347 m²
Volume, LiDAR
406 m³
2 parcels, Wallonia · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ETIENNE FRANKART - ARCHITECTE
since 20022.287.647.901
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92135D0775/00A000 | Wallonia | 2,192 m² | 1 · 277 m² | - |
| 92302E0026/00G000 | Wallonia | 1,939 m² | 1 · 70 m² | 9.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
SB ARCHITECTE
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BE 0801.946.807
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Bureau d'Architecture Meyts
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SOLTRATECH
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Of 18,256 companies in sector 71111 we hold annual accounts for 6,321. 5,245 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-01-2002
Fiscal year end31-12
Activities, NACEBEL
71111Activities of building architects
74201Photography, excluding press photography
66290Activities auxiliary to financial services and insurance activities
67203
70322
81100Combined facilities support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.