FRAMES
ActiveSummary
FRAMES has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-90k) and a net result of €-2k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 11% of 1517 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
40
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability67▲+67
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.49 against 0.49 in 2024; short-term debt: 165.9% and cash: 9.9% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-66.1%
Return on assets
-1.2%
Age of the figures
12 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-90k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 14-04-2026, 16 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
16 d early
2024
1 d early
2023
4 d early
2022
22 d late
2021
30 d early
2020
on the day
2019
267 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-90k▼ 1.9%
2024 · €-88k
2019: €6k
2020: €-4k
2021: €521
2022: €-24k
2023: €-20k
2024: €-88k
2019 → 2025
Total assets
€136k▼ 6.4%
2024 · €145k
2019: €160k
2020: €148k
2021: €188k
2022: €159k
2023: €166k
2024: €145k
2019 → 2025
Net result
€-2k▲ 97.6%
2024 · €-68k
2019: €-6k
2020: €-10k
2021: €4k
2022: €-24k
2023: €4k
2024: €-68k
2019 → 2025
Working capital
€-115k▲ 4.6%
2024 · €-120k
2019: €-93k
2020: €-89k
2021: €-80k
2022: €-104k
2023: €-77k
2024: €-120k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€521-€-24k€-20k▲ 15.2%€-88k▼ 337%€-90k▼ 1.9%
Operating result€6k-€-24k€5k€-65k€-1k▲ 98.1%
Net result€4k-€-24k€4k€-68k€-2k▲ 97.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1k in 2025 against €65k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €136k
Fixed assets
€25k ▼ 21.4%
Current assets
€111k ▼ 2.2%
Key figures and ratios
EBITDA
€6k▲
2024 · €-40k
Cash flow
€5k▲
2024 · €-43k
Solvency
-66.1%▼
2024 · -60.8%
Current ratio
0.49▲
2024 · 0.49
Debt to equity
-2.51▲
2024 · -2.65
ROA
-1.2%▲
2024 · -46.9%
Interest coverage
12.93▲
2024 · -15.02
Debt
€226k▼
2024 · €234k
Debt ≤ 1 year
€226k▼
2024 · €234k
Staff costs
€2k▼
2024 · €20k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€145k€136k▼
Fixed assets21/28€32k€25k▼
Tangible fixed assets22/27€27k€21k▼
Plant, machinery and equipment23€4k€1k▼
Furniture and vehicles24€0-
Other tangible fixed assets26€24k€19k▼
Financial fixed assets28€5k€5k=
Current assets29/58€113k€111k▼
Amounts receivable within one year40/41€99k€97k▼
Trade receivables40€99k€97k▼
Other amounts receivable41€175€0▼
Cash at bank and in hand54/58€14k€13k▼
Deferred charges and accrued income490/1€114€752▲
Equity and liabilities
Total equity and liabilities10/49€145k€136k▼
Equity10/15€-88k€-90k▼
Contributions10/11€13k€13k=
Profit (loss) carried forward14€-101k€-102k▼
Amounts payable17/49€234k€226k▼
Amounts payable within one year42/48€234k€226k▼
Current portion of amounts payable after more than one year42€0-
Trade debts44€13k€10k▼
Suppliers440/4€13k€10k▼
Taxes, remuneration and social security45€8k€5k▼
Taxes450/3€8k€5k▼
Remuneration and social security454/9€371€0▼
Other amounts payable47/48€213k€211k▼
Accrued charges and deferred income492/3-€299
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€20k€2k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€7k▼
Other operating charges640/8€5k€891▼
Gross operating margin9900€-16k€8k▲
Operating profit (loss)9901€-65k€-1k▲
Financial income75/76B€57€1▼
Recurring financial income75€57€1▼
Financial charges65/66B€3k€436▼
Recurring financial charges65€3k€436▼
Profit (loss) for the period before taxes9903€-68k€-2k▲
Profit (loss) for the period9904€-68k€-2k▲
Profit (loss) for the period to be appropriated9905€-68k€-2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-101k€-102k▼
Profit (loss) brought forward from the previous period14P€-33k€-101k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet €-68k ▼1977%
Net result drops to €-68k, the lowest in the series; recovery starts the following year.
26-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
22-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Back to profitnet €4k
Net result €4k after 2 loss-making years.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
22-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 267 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Twaalfapostelenstraat 89051 GentGround area
3,853 m²
Building footprint
1,696 m²
Volume, LiDAR
10,877 m³
Parcel 44062D0387/00C003, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FRAMES bvba
since 20182.272.141.856
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44062D0387/00C003 | Flanders | 3,853 m² | 1 · 1,696 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
PRISMATIK
BE 1022.886.675
Ukkel · Eq €536
BOEYEN
BE 0790.611.366
Sint-Katelijne-Waver · Eq €500
SCALE
BE 0844.152.495
Schaarbeek · Eq €443
PRACTOR
BE 0471.998.733
Theux · Eq €692
M- Production
BE 0452.405.426
Zwevegem · Eq €707
Of 1,187 companies in sector 77399 we hold annual accounts for 710. 30 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded17-01-2018
Fiscal year end30-09
Activities, NACEBEL 2025
77399Renting and leasing of other machinery, equipment and tangible goods
47522Retail trade
77221Rental and leasing activities
77320Rental and leasing activities
77391Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.