DEFRAMID
ActiveDEFRAMID has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.04M and a net result of €377k. Equity is growing by ~58.3% per year across the filed fiscal years. Its solvency ranks better than 24% of 8584 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency19▲+10
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity short (current ratio 0.16 against 0.33 in 2024), and 77.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
22.1%
Return on assets
8%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 8584 sector peers (2025).
NBB · sector comparisonPosition among 8584 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-02-2026, 162 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
162 d early
2024
164 d early
2023
147 d early
2022
165 d early
2021
129 d early
2020
155 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.04M▲ 56.6%
2024 · €666k
2020: €111k
2021: €150k
2022: €181k
2023: €376k
2024: €666k
2020 → 2025
Total assets
€4.71M▼ 5.7%
2024 · €4.99M
2020: €1.64M
2021: €1.61M
2022: €2.18M
2023: €2.20M
2024: €4.99M
2020 → 2025
Net result
€377k▲ 30.1%
2024 · €289k
2020: €-39k
2021: €39k
2022: €31k
2023: €195k
2024: €289k
2020 → 2025
Working capital
€-921k▼ 7.0%
2024 · €-861k
2020: €-195k
2021: €-179k
2022: €-482k
2023: €-410k
2024: €-861k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€150k-€181k▲ 20.7%€376k▲ 108%€666k▲ 77.0%€1.04M▲ 56.6%
Operating result€68k-€72k▲ 6.9%€299k▲ 314%€461k▲ 54.3%€663k▲ 43.6%
Net result€39k-€31k▼ 20.6%€195k▲ 526%€289k▲ 48.5%€377k▲ 30.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 44% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.71M
Fixed assets
€4.53M▼ 1.0%
Current assets
€181k▼ 56.6%
Equity and liabilities €4.71M
Equity
€1.04M▲ 56.6%
Debt
€3.67M▼ 15.3%
The debt ratio falls from 86.7% to 77.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€709k▲
2024 · €508k
Cash flow
€424k▲
2024 · €336k
Solvency
22.1%▲
2024 · 13.3%
Current ratio
0.16▼
2024 · 0.33
Quick ratio
0.16▼
2024 · 0.33
Debt / equity
3.52▼
2024 · 6.50
ROE
36.1%▼
2024 · 43.5%
ROA
8.0%▲
2024 · 5.8%
Interest coverage
4.43▼
2024 · 6.84
Debt
€3.67M▼
2024 · €4.33M
Debt ≤ 1 year
€1.10M▼
2024 · €1.28M
Debt > 1 year
€2.54M▼
2024 · €3.03M
Income taxes
€126k▲
2024 · €98k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€4.99M€4.71M▼
Fixed assets21/28€4.57M€4.53M▼
Tangible fixed assets22/27€1.42M€1.37M▼
Land and buildings22€1.42M€1.37M▼
Financial fixed assets28€3.16M€3.16M=
Current assets29/58€417k€181k▼
Amounts receivable within one year40/41€2k€2k=
Other amounts receivable41€2k€2k=
Cash at bank and in hand54/58€414k€178k▼
Deferred charges and accrued income490/1€754€740▼
Equity and liabilities
Total equity and liabilities10/49€4.99M€4.71M▼
Equity10/15€666k€1.04M▲
Contributions10/11€150k€150k=
Capital10€150k€150k=
Issued capital100€150k€150k=
Reserves13€15k€890k▲
Non-distributable reserves130/1€15k€15k=
Legal reserve130€15k€15k=
Distributable reserves133-€875k
Profit (loss) carried forward14€501k€2k▼
Amounts payable17/49€4.33M€3.67M▼
Amounts payable after more than one year17€3.03M€2.54M▼
Financial debts170/4€3.03M€2.54M▼
Amounts payable within one year42/48€1.28M€1.10M▼
Current portion of amounts payable after more than one year42€489k€489k=
Financial debts43€23k€18k▼
Other loans439€23k€18k▼
Trade debts44€500€417▼
Suppliers440/4€500€417▼
Taxes, remuneration and social security45€29k€34k▲
Taxes450/3€29k€34k▲
Other amounts payable47/48€737k€560k▼
Accrued charges and deferred income492/3€20k€25k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47k€47k=
Other operating charges640/8€16k€16k▼
Gross operating margin9900€524k€725k▲
Operating profit (loss)9901€461k€663k▲
Financial charges65/66B€74k€160k▲
Recurring financial charges65€74k€160k▲
Profit (loss) for the period before taxes9903€387k€502k▲
Income taxes67/77€98k€126k▲
Profit (loss) for the period9904€289k€377k▲
Profit (loss) for the period to be appropriated9905€289k€377k▲
Appropriation of the result
Profit (loss) to be appropriated9906€504k€877k▲
Profit (loss) brought forward from the previous period14P€215k€501k▲
Transfer to equity691/2€4k€875k▲
To the legal reserve6920€4k-
To other reserves6921-€875k
The notes to these accounts (14 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
19-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2020net €377k ▲30.1%
Operating result €663k, net result €377k, both a record.
31-12
Financial
Equity above €1MEq €1.04M ▲56.6%
5 profitable years in a row build equity to €1.04M.
17-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €500kEq €666k ▲77%
4 profitable years in a row build equity to €666k.
06-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €200kEq €376k ▲108%
3 profitable years in a row build equity to €376k.
16-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
24-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €39k
Net result €39k after one loss-making year.
31-12
Financial
Equity above €150kEq €150k ▲35.3%
Equity rises from €111k to €150k.
26-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are 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, Brugge · 1 establishment unit since 2019
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.
Blankenbergse Steenweg 362-3688000 BruggeGround area
4,561 m²
Building footprint
2,578 m²
Volume, LiDAR
16,176 m³
Parcel 31808K0301/00L000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DEFRAMID
since 20192.287.510.814
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31808K0301/00L000 | Flanders | 4,561 m² | 1 · 2,578 m² | 8.7 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.
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QMLM CONSULTANTS
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Of 82,218 companies in sector 70200 we hold annual accounts for 52,395. 27,296 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded28-03-2019
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.