ACTIVE

Fransen

Export PDF

Financial year 2023 · closed on 31/12/2023

Net result

184,8 k €

+240.6% YoY

Gross margin

1,3 M €

+28.6% YoY

Equity

2,7 M €

+7.5% YoY

Workforce

21,8 ETP

-7.2% YoY

What does Fransen do?

Fransen is a Private limited company incorporated in 1975. Its main activity is: Retail sale in non-specialised stores with food, beverages or tobacco predominating. Its registered office is in Wijnegem. It employs on average 21,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0415.712.603

Incorporation

23/12/1975

Legal form

Private limited company

Registered office

Turnhoutsebaan 378
2110 Wijnegem · FlandreSee on map

Contributed capital

74 368,06 €

Latest accounts

31/12/2023

Average workforce

21,8 ETP

Activities (NACE)

47110Retail sale in non-specialised stores with food, beverages or tobacco predominating· main 47114Retail sale in non-specialised stores with food, beverages or tobacco predominating 47279Retail sale of food, beverages and tobacco in specialised stores 47299Other retail sale of food in specialised stores 52114Warehousing and storage 52272Support activities for transportation

Joint committees (3)

119
202
20201

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,3 M €	+28.6%	986,6 k €	-17.8%	1,2 M €	-15.3%	1,4 M €	+5.4%	1,3 M €	+2.2%	1,3 M €	+9.1%	1,2 M €	-12.9%	1,4 M €	+1.9%	1,4 M €	+8.1%	1,3 M €	+7.1%	1,2 M €	-4.6%	1,2 M €	+6.6%	1,2 M €	+4.0%	1,1 M €	+13.1%	981,2 k €	-4.4%	1 M €	+6.9%	960,5 k €	-0.3%	963,7 k €
EBITDA	352,5 k €	+149%	141,5 k €	-70.3%	476,9 k €	-29.4%	675,1 k €	+15.9%	582,4 k €	-0.9%	587,6 k €	+23.0%	477,9 k €	-23.7%	626 k €	-1.0%	632 k €	+18.6%	533,1 k €	+9.1%	488,7 k €	-15.3%	577,2 k €	+35.1%	427,3 k €	-12.9%	490,9 k €	+15.3%	425,6 k €	-9.0%	467,7 k €	+4.0%	449,8 k €	+4.2%	431,8 k €
Operating result	296,6 k €	+181%	105,4 k €	-75.6%	432,1 k €	-32.5%	640,4 k €	+17.6%	544,7 k €	+4.3%	522,5 k €	+26.0%	414,6 k €	-25.3%	555,3 k €	+2.2%	543,3 k €	+24.9%	435 k €	+14.6%	379,8 k €	-18.1%	463,7 k €	+66.3%	278,8 k €	-28.4%	389,4 k €	+27.9%	304,4 k €	+21.7%	250,2 k €	+9.3%	228,9 k €	+2.7%	222,9 k €
Net result	184,8 k €	+241%	54,2 k €	-81.1%	286,9 k €	-29.8%	408,9 k €	+19.1%	343,2 k €	+4.9%	327,3 k €	+28.3%	255,1 k €	-16.6%	306 k €	-15.6%	362,6 k €	+14.7%	316 k €	+13.5%	278,3 k €	-24.7%	369,5 k €	+58.0%	233,9 k €	-21.0%	295,9 k €	+27.7%	231,6 k €	+13.1%	204,8 k €	+17.1%	174,9 k €	-9.3%	192,8 k €
Balance sheet
Equity	2,7 M €	+7.5%	2,5 M €	-9.0%	2,7 M €	+11.8%	2,4 M €	+20.2%	2 M €	-33.2%	3 M €	+12.1%	2,7 M €	+10.4%	2,4 M €	+14.3%	2,1 M €	-15.3%	2,5 M €	+193%	863,2 k €	-58.6%	2,1 M €	+21.5%	1,7 M €	+6.8%	1,6 M €	+12.7%	1,4 M €	+17.5%	1,2 M €	+18.0%	1 M €	+17.4%	876,5 k €
Total assets	4 M €	+10.8%	3,6 M €	-15.4%	4,2 M €	+3.5%	4,1 M €	+16.0%	3,5 M €	-11.5%	4 M €	+6.6%	3,7 M €	+20.5%	3,1 M €	-9.9%	3,4 M €	+4.5%	3,3 M €	+8.1%	3,1 M €	-16.1%	3,6 M €	+16.7%	3,1 M €	+12.9%	2,8 M €	+13.8%	2,4 M €	+4.3%	2,3 M €	+16.9%	2 M €	-9.3%	2,2 M €
Cash	1,4 M €	+43.7%	979,2 k €	-43.9%	1,7 M €	+7.3%	1,6 M €	-23.9%	2,1 M €	+6.4%	2 M €	+13.1%	1,8 M €	+118%	816,6 k €	+66.2%	491,5 k €	-32.0%	722,7 k €	+29.1%	559,8 k €	-20.5%	704,5 k €	+82.3%	386,5 k €	+5.9%	364,8 k €	-54.0%	793,2 k €	+66.8%	475,6 k €	+68.2%	282,8 k €	-64.4%	793,5 k €
Debts	1,3 M €	+19.0%	1,1 M €	-26.6%	1,5 M €	-8.6%	1,6 M €	+8.7%	1,5 M €	+57.2%	955,5 k €	-7.6%	1 M €	+58.2%	653,5 k €	-48.6%	1,3 M €	+73.1%	734,6 k €	-65.9%	2,2 M €	+91.9%	1,1 M €	+15.5%	971,8 k €	+17.7%	825,8 k €	+21.9%	677,6 k €	-16.2%	808,2 k €	+20.4%	671,1 k €	-35.6%	1 M €
Other
Workforce	21,8 ETP	-7.2%	23,5 ETP	-6.4%	25,1 ETP	-7.7%	27,2 ETP	+9.2%	24,9 ETP	+3.7%	24,0 ETP	-2.4%	24,6 ETP	+6.5%	23,1 ETP	0.0%	23,1 ETP	+0.9%	22,9 ETP	-0.4%	23,0 ETP	+2.2%	22,5 ETP	+3.2%	21,8 ETP	-0.9%	22,0 ETP	+6.8%	20,6 ETP	+4.6%	19,7 ETP	-2.5%	20,2 ETP	+3.1%	19,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2023 · 2 active · 3 ended

Active mandates

Leen Fransen

Director

Active

Paul Fransen

Director

Active

Ended mandates

Leentje Fransen

Director

Ended

LEENTJE FRANSEN

Manager

Ended

Paul Fransen

Manager

Ended

Annual accounts

Full financial information

	2023	2022	2021	2020	2019	2018
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019	01/01/2018
Closing of the financial year	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/12/2024	16/10/2024	07/11/2022	15/06/2022	14/10/2020	21/01/2020
General meeting	02/05/2024	04/05/2023	30/05/2022	06/05/2021	07/05/2020	02/05/2019
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2023	02/05/2024	31/12/2024	Dutch	PDF
Abridged model	31/12/2022	04/05/2023	16/10/2024	Dutch	PDF
Abridged model	31/12/2021	30/05/2022	07/11/2022	Dutch	PDF
Abridged model	31/12/2020	06/05/2021	15/06/2022	Dutch	PDF
Abridged model	31/12/2019	07/05/2020	14/10/2020	Dutch	PDF
Abridged model	31/12/2018	02/05/2019	21/01/2020	Dutch	PDF
Abridged model	31/12/2017	03/05/2018	19/07/2018	Dutch	PDF
Abridged model	31/12/2016	04/05/2017	28/09/2017	Dutch	PDF
Abridged model	31/12/2015	05/05/2016	27/10/2016	Dutch	PDF
Abridged model	31/12/2014	28/05/2015	01/12/2015	Dutch	PDF
Abridged model	31/12/2013	29/05/2014	30/10/2014	Dutch	PDF
Abridged model	31/12/2012	28/11/2013	12/12/2013	Dutch	PDF
Abridged model	31/12/2011	30/12/2012	31/12/2012	Dutch	PDF
Abridged model	31/12/2010	02/09/2011	29/09/2011	Dutch	PDF
Abridged model	31/12/2009	21/07/2010	13/08/2010	Dutch	PDF
Abridged model	31/12/2008	21/07/2009	14/08/2009	Dutch	PDF
Abridged model	31/12/2007	21/07/2008	19/08/2008	Dutch	PDF
Abridged model	31/12/2006	21/07/2007	14/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2023 · 2 active · 3 ended

Active mandates

Leen Fransen

Director

Active

Paul Fransen

Director

Active

Ended mandates

Leentje Fransen

Director

Ended

LEENTJE FRANSEN

Manager

Ended

Paul Fransen

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/02/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares29/05/2019
KAPITAAL - AANDELEN
PDF
Capital / shares29/07/2014
KAPITAAL - AANDELEN
PDF
Mandates09/02/2004
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2023
Annual accounts 2023184,8 k €↑
2022
Annual accounts 202254,2 k €↓
2021
Annual accounts 2021286,9 k €↓
2020
Annual accounts 2020408,9 k €↑
2019
Annual accounts 2019343,2 k €↑
2018
Annual accounts 2018327,3 k €↑
2017
Annual accounts 2017255,1 k €↓
2016
Annual accounts 2016306 k €↓
2015
Annual accounts 2015362,6 k €↑
2014
Annual accounts 2014316 k €↑
2013
Annual accounts 2013278,3 k €↓
2012
Annual accounts 2012369,5 k €↑
2011
Annual accounts 2011233,9 k €↓
2010
Annual accounts 2010295,9 k €↑
2009
Annual accounts 2009231,6 k €↑
2008
Annual accounts 2008204,8 k €↑
2007
Annual accounts 2007174,9 k €↓
2006
Annual accounts 2006192,8 k €
23/12/1975
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Fransen

Overview

What does Fransen do?

Trend over 18 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline