PROPS FRANK
ActivePROPS FRANK has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €484k and a net result of €103k. Equity is growing by ~24.6% per year across the filed fiscal years. Its solvency ranks better than 52% of 18016 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
94
/ 100
Excellent▲ +3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+21
Solvency79▲+11
Growth78=
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 2.5 against 2.0 in 2024), but 63.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
36.2%
Return on assets
7.7%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 26-03-2026, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
35 d early
2024
30 d early
2023
41 d early
2022
33 d early
2021
33 d early
2020
1 d early
2019
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€484k▲ 26.9%
2024 · €381k
2019: €127k
2020: €135k
2021: €226k
2022: €275k
2023: €321k
2024: €381k
2019 → 2025
Total assets
€1.34M▲ 2.9%
2024 · €1.30M
2019: €641k
2020: €995k
2021: €1.07M
2022: €1.09M
2023: €1.18M
2024: €1.30M
2019 → 2025
Net result
€103k▲ 70.7%
2024 · €60k
2019: €3k
2020: €8k
2021: €91k
2022: €49k
2023: €47k
2024: €60k
2019 → 2025
Working capital
€271k▲ 55.2%
2024 · €175k
2019: €48k
2020: €99k
2021: €186k
2022: €181k
2023: €192k
2024: €175k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€226k-€275k▲ 21.6%€321k▲ 17.0%€381k▲ 18.7%€484k▲ 26.9%
Operating result€123k-€82k▼ 33.3%€80k▼ 2.8%€103k▲ 29.2%€177k▲ 71.1%
Net result€91k-€49k▼ 46.4%€47k▼ 4.7%€60k▲ 29.0%€103k▲ 70.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 71% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.34M
Fixed assets
€884k▼ 6.9%
Current assets
€452k▲ 29.3%
Equity and liabilities €1.34M
Equity
€484k▲ 26.9%
Debt
€852k▼ 7.1%
The debt ratio falls from 70.6% to 63.8%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€247k▲
2024 · €191k
Cash flow
€173k▲
2024 · €147k
Solvency
36.2%▲
2024 · 29.4%
Current ratio
2.50▲
2024 · 2.00
Quick ratio
1.70▲
2024 · 1.21
Debt / equity
1.76▼
2024 · 2.41
ROE
21.2%▲
2024 · 15.8%
ROA
7.7%▲
2024 · 4.6%
Interest coverage
8.65▼
2024 · 9.87
Debt
€852k▼
2024 · €917k
Debt ≤ 1 year
€181k▲
2024 · €175k
Debt > 1 year
€671k▼
2024 · €742k
Income taxes
€46k▲
2024 · €24k
Staff costs
€16k▼
2024 · €16k
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€1.30M€1.34M▲
Fixed assets21/28€949k€884k▼
Tangible fixed assets22/27€949k€884k▼
Land and buildings22€862k€827k▼
Plant, machinery and equipment23€52k€35k▼
Furniture and vehicles24€34k€20k▼
Other tangible fixed assets26€1k€2k▲
Current assets29/58€349k€452k▲
Stocks and contracts in progress3€138k€144k▲
Stocks30/36€138k€144k▲
Amounts receivable within one year40/41€73k€48k▼
Trade receivables40€55k€25k▼
Other amounts receivable41€17k€23k▲
Cash at bank and in hand54/58€130k€251k▲
Deferred charges and accrued income490/1€9k€9k▲
Equity and liabilities
Total equity and liabilities10/49€1.30M€1.34M▲
Equity10/15€381k€484k▲
Contributions10/11€20k€20k=
Reserves13€316k€419k▲
Tax-exempt reserves132€12k€12k=
Distributable reserves133€304k€407k▲
Profit (loss) carried forward14€45k€45k▲
Amounts payable17/49€917k€852k▼
Amounts payable after more than one year17€742k€671k▼
Financial debts170/4€742k€671k▼
Amounts payable within one year42/48€175k€181k▲
Current portion of amounts payable after more than one year42€78k€74k▼
Trade debts44€59k€49k▼
Suppliers440/4€59k€49k▼
Taxes, remuneration and social security45€38k€57k▲
Taxes450/3€36k€55k▲
Remuneration and social security454/9€3k€2k▼
Income statement
Code20242025
Remuneration, social security and pensions62€16k€16k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€87k€71k▼
Other operating charges640/8€7k€5k▼
Gross operating margin9900€214k€269k▲
Operating profit (loss)9901€103k€177k▲
Financial income75/76B€406€3▼
Recurring financial income75€406€3▼
Financial charges65/66B€19k€29k▲
Recurring financial charges65€19k€29k▲
Profit (loss) for the period before taxes9903€84k€148k▲
Income taxes67/77€24k€46k▲
Profit (loss) for the period9904€60k€103k▲
Profit (loss) for the period to be appropriated9905€60k€103k▲
Appropriation of the result
Profit (loss) to be appropriated9906€105k€148k▲
Profit (loss) brought forward from the previous period14P€45k€45k▲
Transfer to equity691/2€60k€103k▲
To other reserves6921€60k€103k▲
The notes to these accounts (8 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
26-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2019net €103k ▲70.7%
Operating result €177k, net result €103k, both a record.
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
20-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Equity above €200kEq €226k ▲67.7%
3 profitable years in a row build equity to €226k.
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
28-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
16-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
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, Wetteren · 1 establishment unit since 2006
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.
Hekkerstraat 369230 WetterenGround area
236 m²
Building footprint
193 m²
Volume, LiDAR
889 m³
Parcel 42302E0838/00E000, Flanders · tallest building 11.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
OPTIEK FRANK PROPS
since 20062.151.547.102
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42302E0838/00E000 | Flanders | 236 m² | 1 · 193 m² | 11.7 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Similar companies · same sector, comparable size
OPTIEK DEPRIL
BE 0867.656.783
Dilbeek · Eq €483k
LB OPTIC
BE 0787.483.909
Manage · Eq €481k
LINA
BE 0840.336.536
Aalst · Eq €480k
Optiek Lobelle
BE 0473.176.391
Poperinge · Eq €480k
OPTIKON PHILIPPE TREUNEN
BE 0875.319.783
Herk-de-Stad · Eq €488k
Of 1,725 companies in sector 47742 we hold annual accounts for 1,136. 817 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-01-2006
Fiscal year end30-09
Activities, NACEBEL
47742Retail sale of prescription glasses, lenses and sunglasses
47782Retail trade
52485
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.