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ENCADREMENT - FRAMING

Active
Private limited companyfounded 1989active for 37 yearsWashingtonstraat 150, 1050 Elsene, BelgiumKBO/BCE: BE 0437.293.618

From the official registers: KBO 34 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

ENCADREMENT - FRAMING has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €64,496 and a net result of -€3,550. Equity has been growing by about 5.5% per year since 2018. Its solvency ranks better than 95% of 660 sector peers (NACE 16, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

KBO
Status
Active since 13-04-1989 Normal situation
Activity
Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials NACE 16240and 1 other
Establishment unit
2.043.355.577 1050 Elsene, since 16-05-1989
Financial year end
31 December
Peppol
Reachable since 13-10-2025

Financial position

89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
-€1,224
Loss
€3,550
Equity
€64,496
▼ 5.2%
Total assets
€67,990
▼ 6.1%
Turnover not published (micro format)
Filed on 01-06-2026, 60 days before the deadlinePDF
Score breakdownraises riskLoss of €3,550 (financial year 2025)Sector: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)lowers riskLiquidity: current ratio 18.26, cash €15,742Equity €64,496 (94.9% of total assets)Show the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 53% of micro companies in wood and cork (NACE 16)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 94.9% of total assets
Liquidity 79-12
short-term debt 5.1% · cash 23.2%
Profitability 12-60
return on assets -5.2%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (1,032 companies, NACE 16, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.1%▼ -0.1 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.2%▲ +0.1 percentage points vs 06-2026highest value 08-2026: 0.2%● unchanged vs 07-2026highest value 09-2026: 0.2%● unchanged vs 08-2026highest value 10-2026: 0.2%● unchanged vs 09-2026highest value
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 18.26 (16.09 in 2024), above the usual 1.5. Short-term debt is 5.1% and cash 23.2% of total assets. 5.1% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 16, micro). It does better than 90% of them on solvency, 79% on liquidity, 13% on profitability and 28% on growth.

The bankruptcy probability was computed on 31-10-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Loss of €3,550 (financial year 2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 18.26, cash €15,742
NBB · annual accounts
raises risk · Sector: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)
KBO
lowers risk · Equity €64,496 (94.9% of total assets)
NBB · annual accounts
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 01-06-2026, 60 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
60 days early
2024
27 days early
2023
30 days late
2022
13 days early
2021
30 days late
2020
26 days late
2019
27 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 2 days after the deadline. In the sector (NACE 16), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 18 July (4 of the last 5 accounts filed within 44 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 95% of companies in wood and corksector median 40.7% · 660 companies 94.9% View

Comparable companies

These companies have the same main activity as ENCADREMENT - FRAMING: manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16240). They are comparable in size and age: total assets between €28,800 and €167,000, founded between 1983 and 2018.

CompanyTotal assetsGross margin
ENCADREMENT - FRAMING Elsene€67,990-€1,224
BELGO - PACK Temse€91,479-€6,733
ALLCASES Bilzen-Hoeselt€28,810-€9,693
LES VALDÔTAINS Vorst€112,591€17,108
TRUDO PALLETTEN EN KISTEN Sint-Truiden€50,739€3,267
ECO - PACK Lommel€167,228€30,906
VERBOVEN TRADING & CONSULTING Vorselaar€158,843€33,589
Full comparison

Documents

Annual accounts at the NBB

All 34 annual accounts

Articles and registers

Key facts about ENCADREMENT - FRAMING

What is the company number of ENCADREMENT - FRAMING?
The company number of ENCADREMENT - FRAMING is 0437.293.618. The VAT number is the same number with BE in front: BE 0437.293.618.
Where is ENCADREMENT - FRAMING based?
The registered office is at Washingtonstraat 150, 1050 Elsene.Company details
What does ENCADREMENT - FRAMING do?
According to the KBO register, the main activity is manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16240).
What is the legal form of ENCADREMENT - FRAMING?
The legal form of ENCADREMENT - FRAMING is Private limited company (BV).
When was ENCADREMENT - FRAMING founded?
ENCADREMENT - FRAMING was founded on 13-04-1989.
Is ENCADREMENT - FRAMING still active?
Yes, ENCADREMENT - FRAMING is an active enterprise in the KBO register.
What is the turnover of ENCADREMENT - FRAMING?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is ENCADREMENT - FRAMING profitable?
In financial year 2025, ENCADREMENT - FRAMING made a loss of €3,550.
Where can I find the annual accounts of ENCADREMENT - FRAMING?
ENCADREMENT - FRAMING filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of ENCADREMENT - FRAMING due?
ENCADREMENT - FRAMING must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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