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SKY FRAME

Active
Private limited company (pre-2019)founded 2019active for 7 yearsAvenue Lavoisier 16A, 1300 Wavre, Belgium11 active companies are registered at this addressKBO/BCE: BE 0723.727.886
Summary

The computed 12-month bankruptcy probability of SKY FRAME is 6.7% (elevated). The 2024 annual accounts show equity of €68,214 and a net result of €66,523. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 63% of 35,977 sector peers (NACE 43, financial year 2024). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Joinery installation
NACE 43320
1 site
Size
€118,031total assets 2024
Equity
€68,214
Profit
€66,523
Turnover not published (micro format)
Financial health
39 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
6.7%
Structure
Accounts 84 days overdue1 of 4 deeds read
Why 39raises risk1 financial year not filed after the legal deadline; latest accounts 92 days late; 3 of the last 3 lateFigures for financial year 2024 (filed 05-11-2025)Liquidity: current ratio 2.33Founded in 2019Show the evidence

Checked score

Score 2024
39 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 78% of its sector peers (NACE 43, micro)
Financial strength · tick = 2023
Strong
Solvency 83+49
equity 57.8% of total assets
Liquidity 60+60
short-term debt 42.2%
Profitability 100+91
return on assets 56.4%
Bankruptcy probability, 12 months
6.7% Elevated
0%0.5%1.5%4%10%≥ 25%

About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,603 companies, NACE 43, micro)
Last 24 months 11-2024: 18.1%highest value 12-2024: 8.0%▼ -10.1 percentage points vs 11-2024 01-2025: 8.0%● unchanged vs 12-2024 02-2025: 8.0%● unchanged vs 01-2025 03-2025: 8.0%● unchanged vs 02-2025 04-2025: 8.6%▲ +0.6 percentage points vs 03-2025 05-2025: 8.8%▲ +0.2 percentage points vs 04-2025 06-2025: 7.8%▼ -1.0 percentage point vs 05-2025 07-2025: 7.6%▼ -0.2 percentage points vs 06-2025 08-2025: 8.6%▲ +1.0 percentage point vs 07-2025 09-2025: 9.4%▲ +0.8 percentage points vs 08-2025 10-2025: 13.1%▲ +3.7 percentage points vs 09-2025 11-2025: 7.5%▼ -5.6 percentage points vs 10-2025 12-2025: 4.5%▼ -3.0 percentage points vs 11-2025 01-2026: 4.5%● unchanged vs 12-2025 02-2026: 4.5%● unchanged vs 01-2026 03-2026: 4.5%● unchanged vs 02-2026 04-2026: 4.5%● unchanged vs 03-2026 05-2026: 4.3%▼ -0.2 percentage points vs 04-2026 06-2026: 4.2%▼ -0.1 percentage points vs 05-2026 07-2026: 4.0%▼ -0.2 percentage points vs 06-2026lowest value 08-2026: 4.7%▲ +0.7 percentage points vs 07-2026 09-2026: 4.8%▲ +0.1 percentage points vs 08-2026 10-2026: 6.7%▲ +1.9 percentage points vs 09-2026
Credit of up to €2,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity ample (current ratio 2.33, compared with 0.94 in 2023, above the usual 1.5; short-term debt: 42.2% of total assets), and 42.2% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 63% on solvency, 57% on liquidity, 92% on profitability and 99% on growth.

The bankruptcy probability was computed on 22-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 92 days late; 3 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2024 (filed 05-11-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 2.33
NBB · annual accounts
raises risk · Founded in 2019
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year
192021222324
2019 to 2024 · latest year €68,214
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 84 days later.
NBB · 6 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline23-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 6 filings
Deviation from the deadline
2025
not filed
2024
92 days late
2023
94 days late
2022
488 days late
2021
95 days late
2020
144 days late
2019
12 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 154 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Back to profitnet €66,523
  3. Liquidity more than doubledcurrent ratio 2.33

Key points

  • Positive: Equity rose in 2024from €1,691 to €68,214 ▲ 3,933% View
  • Caution: Accounts not fileddeadline was 31-07-2026 84 days late View
  • Positive: Among the best 9% on net resultsector median €9,461 · 35,946 companies €66,523 View

By topic

Financials

Financial year
2024
Total assets
€118,031
Profit
€66,523
Solvency
57.8%
Total assets▲ 514%
Net result
20192024
Go to Financials

Timeline

Events
11
Since
2020
  1. 30-11-2024Annual accounts filed
  2. 02-11-2024Annual accounts filed
  3. 16-10-2023Registered office
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Joinery installationNACE 43320
Founded
28-03-2019
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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