Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2022 and 2023.
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Tight liquidity NBB
Cash and receivables cover 12 % of short-term debt in 2023; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
FRANCART from Mons, company number BE0426979548, closed financial year 2023 with a result of € -43,925 after tax. For that financial year FRANCART recorded a gross margin of € -23,409 and equity of € -104,333. Compared with financial year 2022, the result moved from € -46,844 to € -43,925. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 7, 2024.
€ -104,333
▼ € 43,925 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -43,925
▲ 6 % less loss than in 2022
Profit after tax over the fiscal year.
€ 17,819
▲ 78% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -401,833.
People and assets in 2023
€ 20,000
▲ 7% vs 2022
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 56,928
▲ 29% vs 2022
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Revenue | - | € 12,007 | - | |
| Gross margin | € -10,775 | € -23,606 | € -23,409 | ▲ € 197 |
| Profit after taxes | € -27,530 | € -46,844 | € -43,925 | ▲ € 2,919 |
| Equity | € -13,564 | € -60,408 | € -104,333 | ▼ € 43,925 |
| Total debts | € 93,798 | € 130,471 | € 174,885 | ▲ 34% |
| Cash | € 10,372 | € 9,983 | € 17,819 | ▲ 78% |
| Retained profit | € -311,064 | € -357,908 | € -401,833 | ▼ € 43,925 |
| Balance sheet total | € 80,234 | € 70,063 | € 70,552 | ▲ 1% |
Key figures of FRANCART, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to FRANCART?
What happened at FRANCART in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
FRANCART is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 43,925. filed late Source: NBB ↗
- New establishment in Mons. KBO
- Start of the company according to the CBE. KBO
In short
From € 27,530 loss in 2021 to € 43,925 loss in 2023.
Paid € 3 in corporate taxes since 2021.
Establishments
Establishment units
Physical locations of this company
Rue des Capucins 48
7000 Mons
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0426.979.548
- VAT number
- BE 0426.979.548
- Registered office
- Rue des Capucins 48, 7000 Mons
- Names & denominations
- FRANCART
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 1 February 1985
- Peppol
- Not registered
- Activities · NACE
Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)
Detailhandel in bovenkleding voor heren, dames en kinderen (algemeen assortiment)