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 2 of the last 2 fiscal years.
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Two loss years in a row NBB
Negative result in 2021 and 2022.
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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2022; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2022
Franchise Factory from Brussel, company number BE0733887746, closed financial year 2022 with a result of € -76,401 after tax. For that financial year Franchise Factory recorded a gross margin of € -23,605 and equity of € -184,668. Compared with financial year 2021, the result moved from € -83,800 to € -76,401. 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 31, 2023.
€ -184,668
▼ € 13,970 vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -76,401
▲ 9 % less loss than in 2021
Profit after tax over the fiscal year.
€ 420
▼ 69% vs 2021
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -273,651.
People and assets in 2022
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 9,145
▼ 16% vs 2021
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
€ 35,834
▲ 36% vs 2021
Book value of vehicles, furniture and equipment.
Debts at end 2022
€ 306,301
▼ 14% vs 2021
€ 107,086 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 69,876
▲ 193% vs 2021
Supplier invoices still open on the last day of the fiscal year.
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| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Gross margin | € -31,240 | € -23,605 | ▲ € 7,635 |
| Profit after taxes | € -83,800 | € -76,401 | ▲ € 7,399 |
| Equity | € -170,698 | € -184,668 | ▼ € 13,970 |
| Total debts | € 404,735 | € 425,559 | ▲ 5% |
| Cash | € 1,362 | € 420 | ▼ 69% |
| Retained profit | € -197,250 | € -273,651 | ▼ € 76,401 |
| Bank debt | € 358,083 | € 306,301 | ▼ 14% |
| Balance sheet total | € 239,817 | € 246,029 | ▲ 3% |
Key figures of Franchise Factory, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.
What happened to Franchise Factory?
What happened at Franchise Factory in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Franchise Factory is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2022: loss of € 76,401. filed late Source: NBB ↗
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
- SHUJAAT SYED became a director. NBB
In short
From € 83,800 loss in 2021 to € 76,401 loss in 2022.
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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
Behind Franchise Factory is SHUJAAT SYED.
Directors
According to the 2022 annual accounts
SHUJAAT SYED
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Kantersteen 49
1000 Brussel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0733.887.746
- VAT number
- BE 0733.887.746
- Registered office
- Kantersteen 49, 1000 Brussel
- Names & denominations
- Franchise Factory
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 10 September 2019
- Peppol
- Not registered
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Eetgelegenheden met volledige bediening