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FRANSSEN

Active
Public limited companyfounded 1989active for 36 yearsAlbert Quintinlaan 2, 3900 Pelt, BelgiumKBO/BCE: BE 0439.270.438
Summary

FRANSSEN has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.0m and a net result of €22,530. Equity has been stable since 2019 (±0.6% per year). Its solvency ranks better than 46% of 152 sector peers (NACE 31, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysisFollow ReportCompare
FRANSSENActiveChecked score 82/100
Risk analysis ReportCompare

Overview

Official details

Source: KBO
Status
Active since 27-12-1989 Normal situation
Activity
Manufacture of furniture NACE 31002and 3 others
Establishment units
2.047.088.790 3900 Pelt, since 14-02-1990
2.047.088.889 3500 Hasselt, since 22-12-1992
Financial year end
31 December
Peppol
Reachable
Company details

Board and ownership

Board
  • FRANSSEN ALAINDirector · since 13-09-2003
  • FRANSSEN MARCELDirector · since 13-09-2003
  • FRANSSEN PATRICKDirector · since 13-09-2003
and 1 other
Shareholders
  • THAUPA2025 annual accounts of THAUPA
Holdings
Shares in 4 companies including FRANSSEN PRODUCTS and DM - Line
Board & ownership

Financial position

82 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Turnover
€9,000
▼ 65.0%
Operating revenue
€813,914
▲ 17.2%
Profit
€22,530
Equity
€4.0m
▲ 0.6%
Total assets
€10.5m
▼ 3.7%
  • 2025 accounts filed 54 days after the deadline
Financials
Score breakdownraises riskLast filed accounts filed 54 days late; 2 of the last 3 accounts lateLiquidity: current ratio 0.87, cash €177,060lowers riskSize: turnover €9,000, total assets €10.5mFounded in 1989Show the evidence

Checked score

Score 2025
82 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 36% of medium-sized companies in furniture (NACE 31)
Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Average
Solvency 63+1
equity 38.3% of total assets
Liquidity 31-1
short-term debt 43.2% · cash 1.7%
Profitability 52+3
return on assets 0.2%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (30 companies, NACE 31, medium-sized)
Last 24 months 12-2024: 0.3%lowest value 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.6%▲ +0.2 percentage points vs 07-2025 09-2025: 0.8%▲ +0.2 percentage points vs 08-2025 10-2025: 0.4%▼ -0.4 percentage points vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.7%▲ +0.3 percentage points vs 07-2026 09-2026: 0.8%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.4%▼ -0.4 percentage points vs 09-2026 11-2026: 0.4%● unchanged vs 10-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.87 (0.82 in 2024), below 1. Short-term debt is 43.2% and cash 1.7% of total assets. 61.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 31, medium-sized). It does better than 43% of them on solvency, 37% on liquidity, 40% on profitability and 24% on growth.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 54 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Liquidity: current ratio 0.87, cash €177,060
NBB · annual accounts
lowers risk · Size: turnover €9,000, total assets €10.5m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 1989
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 54 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-09-2026, 54 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
54 days late
2024
61 days late
2023
30 days late
2022
49 days early
2021
61 days early
2021
34 days early
2020
31 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 4 days before the deadline. In the sector (NACE 31), the median for financial year 2024 was 7 days before the deadline, and 37% 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. The company usually files around 31 August (4 of the last 5 accounts filed within 80 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Back in profit in 2025after a loss of €148,363 in 2024 €22,530 View
  • Positive: 5th largest company by equity in Limburg, Furniture sectorin the Checked rankings No. 5 View

Recent changes

  1. · Gazette deed Incorporation
All 14 events

Companies linked to FRANSSEN

Comparable companies

These companies have the same main activity as FRANSSEN: manufacture of furniture (NACE 31002). They are comparable in size and age: total assets between €4.7m and €8.9m, founded between 1983 and 1999.

CompanyTotal assetsTurnover
FRANSSEN Pelt€10.5m€0.009m
GOOSSENS KEUKENS Pelt€4.7m-
GROUP NIVELLES Gingelom€5.6m-
TOBE Maasmechelen€7.2m€0.9m
HOREMANS KEUKENS MEUBELEN Geel€8.9m-
SEGERS INTERIEUR Retie€8.1m-
Koenig - Verschoren Hulshout€8.2m-
Full comparison

Key facts about FRANSSEN
What is the company number of FRANSSEN?
The company number of FRANSSEN is 0439.270.438. The VAT number is the same number with BE in front: BE 0439.270.438.
Where is FRANSSEN based?
The registered office is at Albert Quintinlaan 2, 3900 Pelt.Company details
What does FRANSSEN do?
According to the KBO register, the main activity is manufacture of furniture (NACE 31002).
What is the legal form of FRANSSEN?
The legal form of FRANSSEN is Public limited company (NV).
When was FRANSSEN founded?
FRANSSEN was founded on 27-12-1989.
Is FRANSSEN still active?
Yes, FRANSSEN is an active enterprise in the KBO register.
What is the turnover of FRANSSEN?
The turnover of FRANSSEN was €9,000 in financial year 2025, according to the filed annual accounts.Financials
Is FRANSSEN profitable?
In financial year 2025, FRANSSEN made a profit of €22,530.
Where can I find the annual accounts of FRANSSEN?
FRANSSEN filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FRANSSEN due?
FRANSSEN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

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