LinkedIn·Monday, 17 August 2026·8d ago

Frank Botman and the at least €130 million question: do you really know where your counterparty exposure sits? The recent collapse around…

Kris Boudt

👉 sentometrics.com/trial. Changemaker in information systems that combine local news and company network graphs for better business decisions.

Frank Botman and the at least €130 million question: do you really know where your counterparty exposure sits? The recent collapse around Frank Botman is a strong reminder that traditional KYC, credit checks and registry lookups often provide only a partial view of risk. The network graph below was generated with #Sentometrics and shows how one individual can sit at the centre of a dense web of companies, holdings, directors, addresses and related entities. With at least €130 million reportedly owed to creditors and investors, the key question for credit, audit and compliance teams is “Where else could we be exposed through this network?” From a risk perspective, exposure is rarely limited to the legal entity you contract with. It may also sit in: 🏢 parent and sister companies 👤 shared directors or beneficial owners 💶 intercompany balances 🛡️ guarantees and funding relationships 🧩 subsidiaries and investment vehicles 📍 shared addresses and operational links ⚠️ entities already showing signs of financial stress That is why corporate network analysis is increasingly relevant for credit underwriting, counterparty risk, audit planning, supplier onboarding, AML/KYC, M&A due diligence and ongoing monitoring. For companies operating in Belgium and the Netherlands, I would strongly recommend adding this type of relationship analysis to the standard credit and compliance workflow. Check it out for free via sentometrics.com/trial #FrankBotman #CreditRisk #CounterpartyRisk #Compliance #Audit #KYC #AML #DueDiligence #RiskManagement #ThirdPartyRisk #Sentometrics