ACTIVE

FRANSSEN

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Financial year 2025 · closed on 31/12/2025

Net result

656,7 k €

+85.8% YoY

Gross margin

1,6 M €

+26.0% YoY

Equity

3,7 M €

+21.3% YoY

What does FRANSSEN do?

FRANSSEN is a Private limited company incorporated in 1976. Its registered office is in Hasselt.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0415.755.361

Incorporation

30/01/1976

Legal form

Private limited company

Registered office

Demerstraat 51
3500 Hasselt · FlandreSee on map

Contributed capital

111 552,09 €

Latest accounts

31/12/2025

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,6 M €	+26.0%	1,3 M €	+17.8%	1,1 M €	-4.9%	1,1 M €	+13.4%	1 M €	+81.2%	554,8 k €	+23.4%	449,7 k €	-10.0%	499,7 k €	+13.6%	439,8 k €	+41.6%	310,6 k €	-16.6%	372,4 k €	+14.9%	324,2 k €	-20.1%	406 k €	+24.8%	325,5 k €	-17.6%	395,1 k €	+1.1%	390,7 k €	+66.9%	234 k €	-16.0%	278,5 k €	+1.8%	273,6 k €	+13.9%	240,3 k €
EBITDA	1,2 M €	+40.4%	860,2 k €	+22.5%	702,1 k €	-22.8%	909,4 k €	+29.8%	700,4 k €	+66.4%	421 k €	+47.7%	285 k €	-25.9%	384,6 k €	+19.0%	323,3 k €	+61.9%	199,6 k €	-23.6%	261,2 k €	+26.4%	206,6 k €	-26.7%	282 k €	+32.9%	212,2 k €	-29.3%	300,1 k €	+3.0%	291,5 k €	+101%	145 k €	-26.1%	196,1 k €	-1.6%	199,4 k €	+16.7%	170,9 k €
Operating result	1 M €	+57.2%	642 k €	+18.6%	541,3 k €	-34.0%	820,6 k €	+27.1%	645,7 k €	+37.4%	470,1 k €	+21.7%	386,4 k €	+12.9%	342,1 k €	+53.8%	222,5 k €	+29.5%	171,8 k €	-9.9%	190,7 k €	+38.1%	138 k €	-28.3%	192,5 k €	+51.7%	126,9 k €	-51.3%	260,6 k €	+9.5%	238 k €	+108%	114,2 k €	-14.0%	132,8 k €	-12.1%	151 k €	+51.6%	99,6 k €
Net result	656,7 k €	+85.8%	353,5 k €	-6.7%	379,1 k €	-34.4%	578,1 k €	+24.6%	464,1 k €	+38.8%	334,2 k €	+39.8%	239,1 k €	+4.9%	228 k €	+80.6%	126,2 k €	+39.0%	90,8 k €	-16.4%	108,6 k €	+75.8%	61,8 k €	-45.5%	113,3 k €	+106%	54,9 k €	-62.8%	147,7 k €	+4.6%	141,2 k €	+105%	68,9 k €	-16.3%	82,4 k €	-9.0%	90,6 k €	+51.2%	59,9 k €
Balance sheet
Equity	3,7 M €	+21.3%	3,1 M €	+10.9%	2,8 M €	+15.8%	2,4 M €	+31.7%	1,8 M €	+34.1%	1,4 M €	-7.8%	1,5 M €	+14.7%	1,3 M €	+12.8%	1,1 M €	+5.2%	1,1 M €	+4.3%	1 M €	+4.9%	991,4 k €	+86.1%	532,6 k €	-42.8%	931,6 k €	+6.3%	876,6 k €	+1.7%	862,3 k €	+19.3%	722,7 k €	+10.5%	653,8 k €	+14.4%	571,4 k €	+18.0%	484,4 k €
Total assets	8,5 M €	+11.6%	7,6 M €	+14.8%	6,6 M €	+10.5%	6 M €	+28.5%	4,6 M €	+69.9%	2,7 M €	+7.8%	2,5 M €	+6.3%	2,4 M €	+6.7%	2,2 M €	+7.7%	2,1 M €	+3.5%	2 M €	+5.4%	1,9 M €	-7.8%	2,1 M €	-1.0%	2,1 M €	+12.9%	1,8 M €	+7.8%	1,7 M €	+8.1%	1,6 M €	+10.3%	1,4 M €	+4.3%	1,4 M €	+14.8%	1,2 M €
Cash	830,9 k €	+33.0%	624,6 k €	+77.8%	351,4 k €	-35.1%	541,4 k €	-17.0%	652,2 k €	+71.6%	380 k €	-34.8%	583,1 k €	+57.5%	370,2 k €	-5.2%	390,3 k €	+51.0%	258,6 k €	-1.9%	263,5 k €	+35.0%	195,1 k €	-14.4%	228 k €	-34.8%	349,5 k €	+17.4%	297,7 k €	+28.7%	231,2 k €	+9.2%	211,8 k €	+26.5%	167,5 k €	-29.3%	236,8 k €	+50.2%	157,6 k €
Debts	4,7 M €	+4.8%	4,5 M €	+17.6%	3,8 M €	+6.6%	3,6 M €	+26.1%	2,8 M €	+106%	1,4 M €	+30.6%	1 M €	-4.1%	1,1 M €	+0.3%	1,1 M €	+10.5%	985,9 k €	+2.6%	961,2 k €	+6.0%	906,4 k €	-40.6%	1,5 M €	+33.1%	1,1 M €	+19.1%	962,4 k €	+15.8%	830,7 k €	-1.5%	843,5 k €	+10.4%	764,2 k €	-4.0%	796,3 k €	+11.9%	711,8 k €
Other
Workforce	–		5,5 ETP	-8.3%	6,0 ETP	+36.4%	4,4 ETP	+15.8%	3,8 ETP	+2.7%	3,7 ETP	-2.6%	3,8 ETP	+40.7%	2,7 ETP	0.0%	2,7 ETP	0.0%	2,7 ETP	0.0%	2,7 ETP	0.0%	2,7 ETP	0.0%	2,7 ETP	-12.9%	3,1 ETP	+6.9%	2,9 ETP	+7.4%	2,7 ETP	0.0%	2,7 ETP	+12.5%	2,4 ETP	+26.3%	1,9 ETP	0.0%	1,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 8 ended

Active mandates

WAF MANAGEMENT

Director · since 02 novembre 2020 · 0752.530.057

Represented by Willem-Alexander Franssen

Active

Ended mandates

Adolf Franssen

Director · since 18 août 2020 · until 09 octobre 2020

Ended

WAF MANAGEMENT

Director · since 12 août 2020 · 0752.530.057

Represented by Willem-Alexander Franssen

Ended

Jeanine Brabanders

Director · since 15 octobre 2019 · until 09 octobre 2020

Ended

Jeanine BRABANDERS

Director · since 15 octobre 2019

Ended

At this address

Other companies at this address

Company	CBE no.
Handels- en Feestkomiteit Demerstraat● Active	0411.102.925
WAF MANAGEMENT● Active	0752.530.057

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	12/06/2026	11/07/2025	15/05/2024	08/06/2023	01/08/2022	30/07/2021
General meeting	13/05/2026	30/05/2025	08/05/2024	10/05/2023	30/06/2022	30/06/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	13/05/2026	12/06/2026	Dutch	PDF
Abridged model	31/12/2024	30/05/2025	11/07/2025	Dutch	PDF
Abridged model	31/12/2023	08/05/2024	15/05/2024	Dutch	PDF
Abridged model	31/12/2022	10/05/2023	08/06/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	01/08/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	30/07/2021	Dutch	PDF
Abridged model	31/12/2019	13/05/2020	31/08/2020	Dutch	PDF
Abridged model	31/12/2018	08/05/2019	31/10/2019	Dutch	PDF
Abridged model	31/12/2017	09/05/2018	26/08/2018	Dutch	PDF
Abridged model	31/12/2016	10/05/2017	13/09/2018	Dutch	PDF
Abridged model	31/12/2015	11/05/2016	30/11/2016	Dutch	PDF
Abridged model	31/12/2014	13/05/2015	31/12/2015	Dutch	PDF
Abridged model	31/12/2013	14/05/2014	24/12/2014	Dutch	PDF
Abridged model	31/12/2012	08/05/2013	31/10/2013	Dutch	PDF
Abridged model	31/12/2011	09/05/2012	30/11/2012	Dutch	PDF
Abridged model	31/12/2010	11/05/2011	23/12/2011	Dutch	PDF
Abridged model	31/12/2009	12/05/2010	29/10/2010	Dutch	PDF
Abridged model	31/12/2008	13/05/2009	16/10/2009	Dutch	PDF
Abridged model	31/12/2007	14/05/2008	28/11/2008	Dutch	PDF
Abridged model	31/12/2006	09/05/2007	30/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 31/12/2025 · 1 active · 8 ended

Active mandates

WAF MANAGEMENT

Director · since 02 novembre 2020 · 0752.530.057

Represented by Willem-Alexander Franssen

Active

Ended mandates

Adolf Franssen

Director · since 18 août 2020 · until 09 octobre 2020

Ended

WAF MANAGEMENT

Director · since 12 août 2020 · 0752.530.057

Represented by Willem-Alexander Franssen

Ended

Jeanine Brabanders

Director · since 15 octobre 2019 · until 09 octobre 2020

Ended

Jeanine BRABANDERS

Director · since 15 octobre 2019

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/11/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/10/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/08/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - KAPITAAL - AANDELEN
PDF
Mandates31/12/2019
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares05/05/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares24/02/2004
ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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

2025
Annual accounts 2025656,7 k €↑
2024
Annual accounts 2024353,5 k €↓
2023
Annual accounts 2023379,1 k €↓
2022
Annual accounts 2022578,1 k €↑
2021
Annual accounts 2021464,1 k €↑
2020
Annual accounts 2020334,2 k €↑
2019
Annual accounts 2019239,1 k €↑
2018
Annual accounts 2018228 k €↑
2017
Annual accounts 2017126,2 k €↑
2016
Annual accounts 201690,8 k €↓
2015
Annual accounts 2015108,6 k €↑
2014
Annual accounts 201461,8 k €↓
2013
Annual accounts 2013113,3 k €↑
2012
Annual accounts 201254,9 k €↓
2011
Annual accounts 2011147,7 k €↑
2010
Annual accounts 2010141,2 k €↑
2009
Annual accounts 200968,9 k €↓
2008
Annual accounts 200882,4 k €↓
2007
Annual accounts 200790,6 k €↑
2006
Annual accounts 200659,9 k €
30/01/1976
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

FRANSSEN

Overview

What does FRANSSEN do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

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