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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Tight liquidity NBB
Cash and receivables cover 56 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FRAN from Mechelen, company number BE0449970330, closed financial year 2025 with a result of € 8,315 after tax. For that financial year FRAN recorded a gross margin of € 76,278 and equity of € 143,881. Compared with financial year 2024, the result moved from € 3,071 to € 8,315. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 3, 2026.
€ 143,881
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 8,315
▲ 171% vs 2024
Profit after tax over the fiscal year.
€ 31,080
▼ 23% 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 € 84,338.
Debts at end 2025
€ 220,017
▼ 22% vs 2024
€ 58,267 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 715
▼ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 83,566 | € 80,225 | € 77,501 | € 76,278 | ▼ 2% |
| Profit after taxes | € 7,148 | € 4,522 | € 3,071 | € 8,315 | ▲ 171% |
| Equity | € 158,686 | € 152,970 | € 145,803 | € 143,881 | ▼ 1% |
| Total debts | € 410,889 | € 352,241 | € 292,029 | € 228,448 | ▼ 22% |
| Cash | € 55,424 | € 49,141 | € 40,343 | € 31,080 | ▼ 23% |
| Land & buildings | € 562,871 | € 496,656 | € 430,441 | € 368,221 | ▼ 14% |
| Retained profit | € 68,430 | € 72,952 | € 76,023 | € 84,338 | ▲ 11% |
| Bank debt | € 402,889 | € 344,241 | € 283,565 | € 220,017 | ▼ 22% |
| Balance sheet total | € 620,319 | € 548,707 | € 474,079 | € 401,326 | ▼ 15% |
Key figures of FRAN, 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 FRAN?
What happened at FRAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 8,315 (▲ 171% vs 2024). filed late Source: NBB ↗
- New establishment in Mechelen. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,148 profit in 2022 to € 8,315 profit in 2025.
Best year ever: 2025, with € 8,315 profit.
Management
Behind FRAN are Ilse Mertens, Ann Van de Velde and François De Keersmaecker. Ilse Mertens is also behind MAHLA and FRAN 2.0. François De Keersmaecker is also behind Koninklijke Racing Club Mechelen and MAHLA.
Directors
According to the 2025 annual accounts
Ann Van de Velde
Director
Establishments
Establishment units
Physical locations of this company
Drabstraat 10
2800 Mechelen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →+3 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
- 0449.970.330
- VAT number
- BE 0449.970.330
- Registered office
- Drabstraat 10, 2800 Mechelen
- Names & denominations
- FRAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 April 1993
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen