FRANO PACKAGING
ActiveSummary
FRANO PACKAGING has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €863k and a net result of €-16k. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 77% of 11389 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability17▼-36
Solvency100▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 4.12 against 3.88 in 2024; short-term debt: 23.8% and cash: 0.2% of total assets), and 24.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 24-11-2025, 68 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
68 d early
2024
87 d early
2023
77 d early
2022
77 d early
2021
70 d early
2020
90 d early
2019
62 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€863k▼ 1.8%
2024 · €878k
2019: €834k
2020: €833k▼ -0.1% vs 2019lowest in 7 years
2021: €853k▲ +2.4% vs 2020
2022: €854k▲ +0.2% vs 2021
2023: €875k▲ +2.4% vs 2022
2024: €878k▲ +0.4% vs 2023highest in 7 years
2025: €863k▼ -1.8% vs 2024
2019 → 2025
Total assets
€1.14M▼ 4.2%
2024 · €1.19M
2019: €1.86M
2020: €1.86M▲ +0.2% vs 2019
2021: €1.85M▼ -0.6% vs 2020
2022: €1.82M▼ -1.7% vs 2021
2023: €1.88M▲ +3.0% vs 2022highest in 7 years
2024: €1.19M▼ -36.3% vs 2023
2025: €1.14M▼ -4.2% vs 2024lowest in 7 years
2019 → 2025
Net result
€-16k
2024 · €3k
2019: €5k
2020: €-855▼ -117% vs 2019
2021: €20k▲ +2411% vs 2020
2022: €2k▼ -91.0% vs 2021
2023: €20k▲ +1046% vs 2022highest in 7 years
2024: €3k▼ -83.7% vs 2023
2025: €-16k▼ -567% vs 2024lowest in 7 years
2019 → 2025
Working capital
€849k▼ 2.2%
2024 · €868k
2019: €827klowest in 7 years
2020: €1.13M▲ +36.5% vs 2019highest in 7 years
2021: €1.05M▼ -7.3% vs 2020
2022: €951k▼ -9.1% vs 2021
2023: €866k▼ -8.9% vs 2022
2024: €868k▲ +0.2% vs 2023
2025: €849k▼ -2.2% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€853k-€854k▲ 0.2%€875k▲ 2.4%€878k▲ 0.4%€863k▼ 1.8%
2021: €853klowest in 5 years
2022: €854k▲ +0.2% vs 2021
2023: €875k▲ +2.4% vs 2022
2024: €878k▲ +0.4% vs 2023highest in 5 years
2025: €863k▼ -1.8% vs 2024
Operating result€39k-€15k▼ 60.4%€37k▲ 143%€13k▼ 66.2%€-9k
2021: €39khighest in 5 years
2022: €15k▼ -60.4% vs 2021
2023: €37k▲ +143% vs 2022
2024: €13k▼ -66.2% vs 2023
2025: €-9k▼ -170% vs 2024lowest in 5 years
Net result€20k-€2k▼ 91.0%€20k▲ 1,046%€3k▼ 83.7%€-16k
2021: €20k
2022: €2k▼ -91.0% vs 2021
2023: €20k▲ +1046% vs 2022highest in 5 years
2024: €3k▼ -83.7% vs 2023
2025: €-16k▼ -567% vs 2024lowest in 5 years
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 turns negative in 2025: a loss of €9k after €13k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.14M
Fixed assets
€22k ▼ 9.7%
Current assets
€1.12M ▼ 4.1%
Equity and liabilities €1.14M
Equity
€863k ▼ 1.8%
Debt
€281k ▼ 11.0%
Debt's share of the balance-sheet total falls from 26.4% to 24.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-5k▼
2024 · €17k
Cash flow
€-11k▼
2024 · €7k
Current ratio
4.12▲
2024 · 3.88
Debt to equity
0.33▼
2024 · 0.36
ROE
-1.8%▼
2024 · 0.4%
ROA
-1.4%▼
2024 · 0.3%
Interest coverage
-0.69▼
2024 · 4.02
Debt ≤ 1 year
€272k▼
2024 · €301k
Debt > 1 year
€9k▼
2024 · €14k
Staff costs
€44k▲
2024 · €-2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.19M€1.14M▼
Fixed assets21/28€25k€22k▼
Tangible fixed assets22/27€25k€22k▼
Plant, machinery and equipment23€24k€21k▼
Furniture and vehicles24€118€1k▲
Current assets29/58€1.17M€1.12M▼
Amounts receivable after more than one year29€1.13M€1.06M▼
Trade receivables290€1.13M€1.06M▼
Amounts receivable within one year40/41€31k€54k▲
Trade receivables40-€27k
Other amounts receivable41€31k€28k▼
Cash at bank and in hand54/58€5k€3k▼
Equity and liabilities
Total equity and liabilities10/49€1.19M€1.14M▼
Equity10/15€878k€863k▼
Contributions10/11€761k€761k=
Capital10€761k€761k=
Issued capital100€761k€761k=
Reserves13€76k€76k=
Non-distributable reserves130/1€76k€76k=
Legal reserve130€76k€76k=
Profit (loss) carried forward14€41k€25k▼
Amounts payable17/49€316k€281k▼
Amounts payable after more than one year17€14k€9k▼
Financial debts170/4€14k€9k▼
Amounts payable within one year42/48€301k€272k▼
Current portion of amounts payable after more than one year42€5k€6k▲
Trade debts44€280k€243k▼
Suppliers440/4€280k€243k▼
Taxes, remuneration and social security45€9k€13k▲
Taxes450/3€9k€5k▼
Remuneration and social security454/9-€9k
Other amounts payable47/48€7k€10k▲
Income statement
Code20242025
Remuneration, social security and pensions62€-2k€44k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€16k€41k▲
Operating profit (loss)9901€13k€-9k▼
Financial charges65/66B€4k€7k▲
Recurring financial charges65€4k€7k▲
Profit (loss) for the period before taxes9903€9k€-16k▼
Income taxes67/77€5k-
Profit (loss) for the period9904€3k€-16k▼
Profit (loss) for the period to be appropriated9905€3k€-16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€41k€25k▼
Profit (loss) brought forward from the previous period14P€38k€41k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €110k | €43k | €-2k | €44k | ▲ 2,150% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €2k | €3k | €4k | €4k | ▲ 5.6% |
| Other operating charges640/8 | - | €2k | €4k | €1k | €2k | ▲ 17.3% |
| Gross operating margin9900 | €155k | €130k | €88k | €16k | €41k | ▲ 162% |
| Operating profit (loss)9901 | €39k | €15k | €37k | €13k | €-9k | ▼ 170% |
| Financial charges65/66B | - | €6k | €6k | €4k | €7k | ▲ 61.6% |
| Recurring financial charges65 | €6k | €6k | €6k | €4k | €7k | ▲ 61.6% |
| Profit (loss) for the period before taxes9903 | €33k | €10k | €31k | €9k | €-16k | ▼ 282% |
| Income taxes67/77 | €13k | €8k | €11k | €5k | - | - |
| Profit (loss) for the period9904 | €20k | €2k | €20k | €3k | €-16k | ▼ 567% |
| Profit (loss) for the period to be appropriated9905 | €20k | €2k | €20k | €3k | €-16k | ▼ 567% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.85M | €1.82M | €1.88M | €1.19M | €1.14M | ▼ 4.2% |
| Fixed assets21/28 | €6k | €4k | €29k | €25k | €22k | ▼ 9.7% |
| Tangible fixed assets22/27 | €6k | €4k | €29k | €25k | €22k | ▼ 9.7% |
| Plant, machinery and equipment23 | - | €3k | €28k | €24k | €21k | ▼ 15.0% |
| Furniture and vehicles24 | - | €1k | €468 | €118 | €1k | ▲ 1,102% |
| Financial fixed assets28 | €50 | - | - | - | - | - |
| Current assets29/58 | €1.85M | €1.82M | €1.85M | €1.17M | €1.12M | ▼ 4.1% |
| Amounts receivable after more than one year29 | - | €1.79M | €1.79M | €1.13M | €1.06M | ▼ 6.0% |
| Trade receivables290 | - | €1.79M | €1.79M | €1.13M | €1.06M | ▼ 6.0% |
| Amounts receivable within one year40/41 | €19k | €24k | €55k | €31k | €54k | ▲ 74.1% |
| Trade receivables40 | - | €1k | - | - | €27k | - |
| Other amounts receivable41 | - | €23k | €55k | €31k | €28k | ▼ 11.7% |
| Cash at bank and in hand54/58 | €42k | €7k | €6k | €5k | €3k | ▼ 50.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.85M | €1.82M | €1.88M | €1.19M | €1.14M | ▼ 4.2% |
| Equity10/15 | €853k | €854k | €875k | €878k | €863k | ▼ 1.8% |
| Contributions10/11 | €761k | €761k | €761k | €761k | €761k | = |
| Capital10 | - | €761k | €761k | €761k | €761k | = |
| Issued capital100 | - | €761k | €761k | €761k | €761k | = |
| Reserves13 | €76k | €76k | €76k | €76k | €76k | = |
| Non-distributable reserves130/1 | - | €76k | €76k | €76k | €76k | = |
| Legal reserve130 | - | €76k | €76k | €76k | €76k | = |
| Profit (loss) carried forward14 | €15k | €17k | €38k | €41k | €25k | ▼ 38.0% |
| Amounts payable17/49 | €1.00M | €967k | €1.00M | €316k | €281k | ▼ 11.0% |
| Amounts payable after more than one year17 | - | - | €20k | €14k | €9k | ▼ 38.8% |
| Financial debts170/4 | - | - | €20k | €14k | €9k | ▼ 38.8% |
| Amounts payable within one year42/48 | €801k | €867k | €981k | €301k | €272k | ▼ 9.7% |
| Current portion of amounts payable after more than one year42 | - | - | €5k | €5k | €6k | ▲ 4.1% |
| Trade debts44 | €384k | €237k | €489k | €280k | €243k | ▼ 13.2% |
| Suppliers440/4 | - | €237k | €489k | €280k | €243k | ▼ 13.2% |
| Taxes, remuneration and social security45 | - | €48k | €32k | €9k | €13k | ▲ 47.0% |
| Taxes450/3 | - | €24k | €27k | €9k | €5k | ▼ 48.1% |
| Remuneration and social security454/9 | - | €24k | €5k | - | €9k | - |
| Other amounts payable47/48 | - | €582k | €454k | €7k | €10k | ▲ 51.0% |
| Accrued charges and deferred income492/3 | - | €100k | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20k | €2k | €20k | €3k | €-16k | ▼ 567% |
| + Depreciation and write-downs630 | €3k | €2k | €3k | €4k | €4k | ▲ 5.6% |
| Operating cash flow (approximation) | €23k | €4k | €24k | €7k | €-11k | ▼ 255% |
| Investment in fixed assets (approximation) | - | €50 | €-28k | €0 | €-2k | - |
| Change in cash | - | €-35k | €-799 | €-921 | €-3k | ▼ 184% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-09
State Gazette act
Reappointment: Nowé Herman Frans Marcel (sole director)Name change · Statutes amendment · Capital15 facts ▸
State Gazette act
Reappointment: Nowé Herman Frans Marcel (sole director)
Name change · Statutes amendment · Capital15 facts ▸
- General meeting, 27-08-2026
- Name change, STOCKDOZEN.BE
- Statutes amendment, 1
- Capital, BEF 1.250.000
- Capital conversion, euro
- Capital increase, €600.000
- Capital, €761.130,79
- Correction, rechtering materiële vergissing kapitaal, EUR
- Statutes amendment, 5
- Director reappointment, Nowé Herman Frans Marcel (sole director)
- Power of attorney, Nowé Herman Frans Marcel
- Power of attorney, Verhaegen-Verlinden-Van den bergh
- +3 further facts in this act
2025
24-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series.
2024
05-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Liquidity doublescurrent ratio 3.88
Current ratio from 1.88 to 3.88; short-term debt falls from €981k to €301k.
2023
15-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Highest result since 2019net €20k ▲1,046%
Net result €20k, the highest in the series.
2022
15-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
22-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
2020
02-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2018
21-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
13-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
26-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 8 acts read
About the unread acts
Of the 8 Belgian State Gazette acts we know for this company, 1 has been read. The other 7 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2026
Nowé Herman Frans Marcel
CurrentSole director · since 27-08-2026
27-08-2026
Mandate renewed as Sole director
Not every act has been read: a resignation may be missing here
7 of this company's 8 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Puurs-Sint-Amands · 1 establishment unit since 1994
Ground area
1.6 ha
Building footprint
699 m²
Volume, LiDAR
4,848 m³
2 parcels, Flanders · tallest building 8.9 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
FRANO VERPAKKINGEN
since 19942.065.247.289
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11038C0338/00F002 | Flanders | 1.5 ha | 1 · 587 m² | 8.8 m · 3 fl. |
| 12032B0295/00K000 | Flanders | 565 m² | 1 · 112 m² | 7.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Capital and shareholders
Capital over the years
- 03-09-2026 Capital stated in the act · 761,130.79 EUR · 30,704 shares
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Of 432 companies in sector 46869 we hold annual accounts for 244. 178 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded12-01-1994
Fiscal year end30-06
Legal name NL
STOCKDOZEN.BE
Activities, NACEBEL 2025
46869Wholesale trade
Scores and ratios are computed by Checked and are not a credit decision.