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 19 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
FRANCHISES 4 from Liège, company number BE0652905020, closed financial year 2025 with a result of € 8,371 after tax. For that financial year FRANCHISES 4 recorded a gross margin of € 43,053 and equity of € 104,327. Compared with financial year 2024, the result moved from € 9,885 to € 8,371. 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 August 12, 2026.
€ 104,327
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 8,371
▼ 15% vs 2024
Profit after tax over the fiscal year.
€ 9,949
▲ 109% 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 € 54,327.
Debts at end 2025
€ 294,952
▼ 8% vs 2024
€ 25,321 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 2,378
▲ 27% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 39,352 | € 41,469 | € 44,621 | € 43,053 | ▼ 4% |
| Profit after taxes | € 9,498 | € 8,792 | € 9,885 | € 8,371 | ▼ 15% |
| Equity | € 77,278 | € 86,071 | € 95,956 | € 104,327 | ▲ 9% |
| Total debts | € 415,539 | € 380,903 | € 356,999 | € 334,433 | ▼ 6% |
| Cash | € 20,971 | € 12,519 | € 4,754 | € 9,949 | ▲ 109% |
| Land & buildings | € 445,399 | € 441,853 | € 424,828 | € 407,802 | ▼ 4% |
| Retained profit | € 27,278 | € 36,071 | € 45,956 | € 54,327 | ▲ 18% |
| Dividend | € 12,251 | € 0 | € 0 | € 0 | |
| Bank debt | € 368,723 | € 344,486 | € 319,907 | € 294,952 | ▼ 8% |
| Balance sheet total | € 492,817 | € 466,974 | € 452,955 | € 438,760 | ▼ 3% |
Key figures of FRANCHISES 4, 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 FRANCHISES 4?
What happened at FRANCHISES 4 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 8,371 (▼ 15% vs 2024). filed late Source: NBB ↗
- SRL Docteur Sabine Gurne became a director. NBB
- Quenon Charlotte became a director. NBB
- Anne-Françoise Lemaître became a director. NBB
- Carole Ancion became a director. NBB
- New establishment in Liège. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,498 profit in 2022 to € 8,371 profit in 2025.
Paid € 10,296 in corporate taxes since 2022.
Best year ever: 2024, with € 9,885 profit.
Paid out € 12,251 in dividends to the owners in total.
A new publication or filing at FRANCHISES 4? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of DOCTEUR SABINE GURNE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FRANCHISES 4Behind FRANCHISES 4 are SRL Docteur Sabine Gurne, Quenon Charlotte, Anne-Françoise Lemaître and Carole Ancion. The shares are held by DOCTEUR SABINE GURNE (25%).
Directors
According to the 2025 annual accounts
Director · represented by Sabine Gurne
since 2022
Quenon Charlotte
Director
since 2022
Anne-Françoise Lemaître
Director
since 2022
Carole Ancion
Director
since 2022
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de Sclessin 59
4000 Liège
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
- 0652.905.020
- VAT number
- BE 0652.905.020
- Registered office
- Rue de Sclessin 59, 4000 Liège
- Names & denominations
- FRANCHISES 4
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 April 2016
- Peppol
- Not registered