Financials
Financial year 2025
FRANKY from Wortegem-Petegem, company number BE0416905901, closed financial year 2025 with a result of € 1.7 million after tax. For that financial year FRANKY recorded revenue of € 129.4 million and equity of € 6.1 million. Compared with financial year 2024, the result moved from € 3.1 million to € 1.7 million. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ 6.1 million
▲ 37% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.7 million
▼ 47% vs 2024
Profit after tax over the fiscal year.
€ 6.7 million
▼ 25% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 4 million.
People and assets in 2025
99.9
▼ 4.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 7 million
▼ 5% vs 2024
€ 69,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 897,624
▲ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.8 million
▼ 20% vs 2024
€ 436,054 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 20.6 million
▼ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 63 days on average.
€ 1.1 million
▼ 12% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 103,408,651 | € 113,911,319 | € 117,311,217 | € 129,429,879 | ▲ 10% |
| Profit after taxes | € 3,815,323 | € 3,485,539 | € 3,140,383 | € 1,658,755 | ▼ 47% |
| Equity | € 13,978,357 | € 3,322,538 | € 4,462,921 | € 6,121,676 | ▲ 37% |
| Total debts | € 17,182,274 | € 19,244,833 | € 26,832,794 | € 23,888,049 | ▼ 11% |
| Cash | € 1,315,971 | € 6,233,881 | € 8,939,752 | € 6,680,709 | ▼ 25% |
| Land & buildings | € 2,781,392 | € 0 | - | - | |
| Retained profit | € 11,348,357 | € 1,201,295 | € 2,341,678 | € 4,000,433 | ▲ 71% |
| Dividend | € 0 | € 11,359,967 | € 2,000,000 | € 0 | ▼ 100% |
| Bank debt | € 2,667,069 | € 2,007,564 | € 2,251,028 | € 1,806,105 | ▼ 20% |
| Balance sheet total | € 31,161,842 | € 22,568,297 | € 31,296,356 | € 30,010,081 | ▼ 4% |
| Employees (FTE) | 119.7 | 110.6 | 104.7 | 99.9 | ▼ 4.8 |
Key figures of FRANKY, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to FRANKY?
What happened at FRANKY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Depuydt Family BV stepped down as director. NBB
- Veerle Naessens stepped down as director. NBB
- Deroose Projects NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.7 million (▼ 47% vs 2024). Source: NBB ↗
- Essensys NV stepped down as director. NBB
- Depuydt Family BV became a director. NBB
- Essensys NV became a director. NBB
- Veerle Naessens became a director. NBB
In short
From € 3.8 million profit in 2022 to € 1.7 million profit in 2025.
Paid € 3.7 million in corporate taxes since 2022.
Best year ever: 2022, with € 3.8 million profit.
Paid out € 13.4 million in dividends to the owners in total.
Management
The stake of Fresh Food Group comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FRANKYThe shares are held by Fresh Food Group (100%). It owns 100% of Transfra itself.
Directors
According to the 2025 annual accounts
Director · represented by Kurt Depuydt
Also active at: UpFresh, UpLog, UpREstate, UpCo, Fresh Food Group, TRANSFRA
since 2023 · until 2029
Director · represented by Dirk Van Lerberghe
Also active at: UpFresh, UpLog, UpREstate, UpCo, RoCa Invest I, RoCa Invest II, Fresh Food Group, TRANSFRA +5 more
since 2023 · until 2026
Veerle Naessens
Director
Also active at: Megaton, Groeninghe, UpFresh, Bekaert Depla, URTEX, GOSSEYE, WILLY NAESSENS INDUSTRIEBOUW, BELTAP +50 more
since 2023 · until 2029
Director · represented by Dirk Deroose
Also active at: Megaton, Groeninghe, UpFresh, Bekaert Depla, URTEX, GOSSEYE, WILLY NAESSENS INDUSTRIEBOUW, BELTAP +61 more
since 2023 · until 2029
Shareholders
100%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Waregemseweg (W.) 28
9790 Wortegem-Petegem
G. Demeurslaan 106
1654 Beersel
Active since 14 October 2013
Zandbergen 108
2480 Dessel
Active since 1 March 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →ANIMO
OLYMPIC FIRE same network
€ 16,923 revenue · 2025
FIBESTA
BLANCKE PRODUCTION same network
€ 505,980 revenue · 2025
FRAHIL
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0416.905.901
- VAT number
- BE 0416.905.901
- Registered office
- Waregemseweg (W.) 28, 9790 Wortegem-Petegem
- Names & denominations
- FRANKY
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 January 1977
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Groothandel in vlees en vleesproducten, uitgezonderd vlees van wild en van gevogelte
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