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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Annual account missing NBB
Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
Financials
Financial year 2023
FRANZ from Blégny, company number BE0428700705, closed financial year 2023 with a result of € 42,397 after tax. For that financial year FRANZ recorded revenue of € 566,409 and equity of € 702,610. Compared with financial year 2022, the result moved from € 105,661 to € 42,397. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 24, 2024.
€ 702,610
▲ 6% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 42,397
▼ 60% vs 2022
Profit after tax over the fiscal year.
€ 7,438
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2023. Retained profit grew to € 640,285.
People and assets in 2023
5.7
▲ 0.2 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 294,833
▲ 15% vs 2022
€ 51,700 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.
€ 447
▼ 12% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 51,187
▲ 49% vs 2022
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 92 days on average.
€ 84,457
▼ 22% vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Revenue | € 506,611 | € 596,113 | € 566,409 | ▼ 5% |
| Profit after taxes | € 79,765 | € 105,661 | € 42,397 | ▼ 60% |
| Equity | € 554,551 | € 660,212 | € 702,610 | ▲ 6% |
| Total debts | € 117,783 | € 142,261 | € 135,644 | ▼ 5% |
| Cash | € 4,358 | € 7,405 | € 7,438 | |
| Land & buildings | € 2,125 | € 1,961 | € 1,798 | ▼ 8% |
| Retained profit | € 492,226 | € 597,887 | € 640,285 | ▲ 7% |
| Balance sheet total | € 672,334 | € 802,474 | € 838,254 | ▲ 4% |
| Employees (FTE) | 3.6 | 5.5 | 5.7 | ▲ 0.2 |
Key figures of FRANZ, 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 FRANZ?
What happened at FRANZ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- SHAURI SRL stepped down as director. NBB
- L&A Business Consult SRL stepped down as director. NBB
- LA LORRAINE BAKERY GROUP SA stepped down as director. NBB
- New annual accounts for financial year 2023: profit of € 42,397 (▼ 60% vs 2022). Source: NBB ↗
- SHAURI SRL became a director. NBB
- L&A Business Consult SRL became a director. NBB
- LA LORRAINE BAKERY GROUP SA became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 79,765 profit in 2021 to € 42,397 profit in 2023.
Paid € 85,035 in corporate taxes since 2021.
Best year ever: 2022, with € 105,661 profit.
Pays suppliers within 92 days on average.
Management
The shares are held by LLBG NV (99%) and La Lorraine Ninove NV (1%).
Directors
According to the 2023 annual accounts
Director · represented by Marc VANHERPE
Also active at: PANIFLOWER, LA LORRAINE BARCHON, LA LORRAINE TRANSPORT, LA LORRAINE FERNELMONT, LA LORRAINE MORLANWELZ, ASTRA SWEETS, LA LORRAINE ALKEN, LA LORRAINE ANTWERPEN +2 more
since 2022 · until 2028
Director · represented by Luc Verhasselt
Also active at: LA LORRAINE BARCHON, LA LORRAINE TRANSPORT, LA LORRAINE FERNELMONT, LA LORRAINE MORLANWELZ, Shopping 2000, LA LORRAINE ALKEN, LA LORRAINE ANTWERPEN, UKKELSE BAKKERIJEN +3 more
since 2022 · until 2028
Managing director · represented by Guido Vanherpe
Owns 1% via La Lorraine Ninove NV
Also active at: LA LORRAINE BARCHON, LA LORRAINE TRANSPORT, LA LORRAINE FERNELMONT, LA LORRAINE MORLANWELZ, LA LORRAINE ALKEN, LA LORRAINE ANTWERPEN, UKKELSE BAKKERIJEN, LA LORRAINE OOSTENDE
since 2022 · until 2028
Shareholders
99%
La Lorraine Ninove NV · holding of LA LORRAINE BAKERY GROUP SA
1%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Champs de Tignée 7
4671 Blégny
Rue Saint-Gilles 24
4000 Liège
Active since 1 January 1986
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0428.700.705
- VAT number
- BE 0428.700.705
- Registered office
- Champs de Tignée 7, 4671 Blégny
- Names & denominations
- FRANZ
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 March 1986
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Vervaardiging van cacao, chocolade en suikerwerk
Detailhandel in brood-, banketbakkerswerk en suikerwerk
Detailhandel in brood en banketbakkerswerk (koude bakkers)