Equity
-€303,926
Debts exceed assets in financial year 2025.
Epic Frame
Overview
Lifetime
13 annual accounts with figures on one time axispeak €340,570 (2023)
€314,485▲ 10.6%
lowest -€123,595 (2022)
-€4,669▲ €58,658
peak €40,745 (2017)
-€303,926▼ €4,453
€487,896▲ 13.9%
peak 6.4 FTE (2019)
-not published
Board3 names since 2018
1 directorCommanditaire Vennootschap Be-Right Consultancy
Documentsfilings and deeds
30-04-2026on the last day
2025micro format
Plan homologation 07-03Loss of €4,669Registered office moved from Herent to Leuven 28-05Cash from €28,609 to €16,055
Key points
from the 2025 annual accountsLosses
-€268,511 in four years
Every financial year from 2022 to 2025 closed with a loss. 2022 was the heaviest.
Debts
€487,896 265% of the balance sheet
Financial debts 1%Suppliers 30%Taxes and wages 56%Other 13%
Staff
5 FTE from 7 in 2022
Between 2022 and 2025, 29% of the full-time equivalents disappeared.
Filings
13 annual accounts since 2013
Six of the last ten came late. The 2021 accounts came latest: 349 days after the end of the period.
Position in the sector
-165.2%
Lower solvency than 95% of companies in other professional activities. Sector median 49.8% · 4,357 companies.
Checked score
29
Weak
Financially stronger than 18% of micro companies in other professional activities (NACE 74)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
11.5% High
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 5,429 companies (NACE 74, micro).
About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
04-2025: 16.7%
05-2025: 17.1%▲ +0.4 percentage points vs 04-2025
06-2025: ≥ 25%▲ +10.8 percentage points vs 05-2025
07-2025: ≥ 25%● unchanged vs 06-2025
08-2025: ≥ 25%● unchanged vs 07-2025highest value
09-2025: 24.4%▼ -4.6 percentage points vs 08-2025
10-2025: 24.4%● unchanged vs 09-2025
11-2025: 24.4%● unchanged vs 10-2025
12-2025: 23.7%▼ -0.7 percentage points vs 11-2025
01-2026: 23.7%● unchanged vs 12-2025
02-2026: 22.1%▼ -1.6 percentage points vs 01-2026
03-2026: 21.6%▼ -0.5 percentage points vs 02-2026
04-2026: 20.8%▼ -0.8 percentage points vs 03-2026
05-2026: 11.5%▼ -9.3 percentage points vs 04-2026
06-2026: 11.5%● unchanged vs 05-2026
07-2026: 11.5%● unchanged vs 06-2026
08-2026: 11.5%● unchanged vs 07-2026
09-2026: 11.5%● unchanged vs 08-2026
10-2026: 11.5%● unchanged vs 09-2026
11-2026: 11.5%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Reorganisation plan being carried out (approved, Gazette 07-03-2025)
1 change of registered office in 24 months
Negative equity -€303,926
2 of the last 3 accounts late
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 74, micro). It does better than 5% of them on solvency, 8% on liquidity, 22% on profitability and 39% on growth.
The bankruptcy probability was computed on 07-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the high class on 30-06-2025, 14.6% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 2,333 companies had the same profile as Epic Frame has now. Each dot stands for 6 companies, two years later.
90.5%
were still trading
5.8%
stopped another way
2.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Epic Frame itself is higher: 11.5% within 12 months. It rests on far more data about Epic Frame than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,333 companies, not a prediction for Epic Frame. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.35 (0.27 in 2024), below 1. Short-term debt is 265.2% and cash 8.7% of total assets. Equity is negative.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
raises riskneutral
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 -€303,926
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 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
99 days late
2023
91 days late
2022
340 days late
2021
349 days late
2020
on the day
2019
15 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 128 days after the deadline. In the sector (NACE 74), the median for financial year 2024 was 3 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 7 August (4 of the last 5 accounts filed within 241 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end08-11-2026 today30-04-2027 deadline
Recent changes
Registered office moved from Herent to Leuven
New registered office: Ambachtenlaan 21 (Unit 9B), 3001 Leuven · Previous registered office: Duigemhofstraat 101, 3020 Herent · Permanent representative: Liesbet Desmedt · General meeting of 15-11-2024 · Gazette deed
Plan homologation
Enterprise Court of Leuven · judgment of 27-02-2025 · Judicial reorganisation
Judicial reorganisation opened
Enterprise Court of Leuven · collective agreement · judgment of 31-10-2024 · Judicial reorganisation
2 directors resigning, 1 reappointment
Resignations: WOUTERS Brecht (statutory director) and VANHAELEN Niko (statutory director) · Permanent representative: WOUTERS Brecht · Reappointment: Commanditaire Vennootschap Be-Right Consultancy · General meeting of 27-11-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Epic Frame Leuven | €183,970 | €314,485 | -165.2% | - |
| WAPICT Tournai | €148,025 | €248,364 | -21.3% | - |
| PISUKE Waterloo | €218,194 | €197,666 | 44.6% | - |
| KIJKHUIS Zedelgem | €191,208 | €500,343 | 13.5% | 8.7 |
| PHOTOBIZZ Oostrozebeke | €185,895 | €352,894 | 24.7% | 5 |
| ONFOCUS Ottignies-Louvain-la-Neuve | €325,947 | €448,161 | 13.5% | 5.1 |
| N.G.M.C. Uccle | €339,483 | €387,283 | 85.8% | - |
These companies have the same main activity as Epic Frame: photography, excluding press photography (NACE 74201). They are comparable in size and age: total assets between €148,000 and €339,000, founded between 2001 and 2016.
Official details
Source: KBO- Status
- Active since 11-05-2012Normal situation
- Activity
- Photography, excluding press photographyNACE 74201and 1 other
- Joint committee
- 227Audiovisual sector · annual accounts 30-09-2025
- Establishment unit
- 2.209.564.7803001 Leuven, since 07-05-2012
- Financial year end
- 30 September
- Peppol
- Reachable
Annual accounts to 30-09-2025
- €314,485▲ 10.6%
- ≈ €630,000estimated
- €4,669▼ 92.6%
- -€303,926▼ 1.5%
- €183,970▲ 42.7%
- Employeeson 30-09-2025
- 3▼ 50.0%
- Filing
- Filed on 30-04-2026, on the last day of the filing period
Insights on Epic Frame
Epic Frame files the micro format. That format states no turnover. The gross margin rose from €35,616 in 2013 to €314,485 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 30-04-2026, on the day of the deadline€314,485
▲ 10.6%
-€820
▲ €50,276
-€4,669
▲ €58,658
-€316,563
▼ €5,508
-165.2%
▲ 67.0 percentage points
0.35
▲ 0.08
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €630,000. Estimated: probably between €440,000 and €920,000.
Balance sheet
balance sheet total €183,970 on 30-09-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
-165.2%
Lower than 95% of 4,357 companies in 2025.
0.35
Higher than 7% of 4,189 companies in 2025.
-2.5%
Higher than 23% of 4,219 companies in 2025.
Epic Frame
Middle half of the sector
80% of the sector
Micro accounts in other professional activities (NACE 74)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Staff
€61,761
Staff costs divided by the average number of full-time equivalents.
people who joined
people who left
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||
20/58 |
183,970 | 128,948 | 121,078 | 213,700 | 261,752 | 298,515 | 189,358 | 279,553 | 131,506 | 94,576 | 70,872 | 71,409 | 98,559 | |
21/28 |
12,637 | 11,582 | 14,055 | 15,055 | 19,463 | 15,806 | 23,473 | 31,509 | 11,783 | 5,039 | 7,666 | 20,572 | 25,950 | |
22/27 |
7,905 | 10,600 | 11,097 | 9,947 | 14,355 | 10,698 | 18,365 | 26,401 | 7,355 | 2,761 | 5,388 | 19,544 | 24,922 | |
23 |
2,222 | 5,408 | 9,682 | 4,515 | 8,839 | 8,348 | 14,472 | 26,401 | 7,355 | 2,509 | 4,884 | 18,789 | 23,915 | |
24 |
5,683 | 5,192 | 1,415 | 5,432 | 5,516 | 2,350 | 3,893 | - | - | 252 | 504 | 756 | 1,008 | |
28 |
4,732 | 982 | 2,958 | 5,108 | 5,108 | 5,108 | 5,108 | 5,108 | 4,428 | 2,278 | 2,278 | 1,028 | 1,028 | |
29/58 |
171,332 | 117,366 | 107,023 | 198,645 | 242,289 | 282,709 | 165,886 | 248,044 | 119,723 | 89,538 | 63,206 | 50,837 | 72,609 | |
29 |
- | - | 18,315 | 19,863 | 20,955 | 13,000 | 13,000 | 13,000 | - | - | - | - | - | |
290 |
- | - | 18,315 | 19,863 | 20,955 | 13,000 | 13,000 | - | - | - | - | - | - | |
291 |
- | - | - | - | - | - | - | 13,000 | - | - | - | - | - | |
40/41 |
153,807 | 88,537 | 81,557 | 130,606 | 198,140 | 233,627 | 122,034 | 202,059 | 110,225 | 85,016 | 43,042 | 34,107 | 31,175 | |
40 |
148,216 | 81,841 | 78,153 | 127,265 | 179,940 | 207,703 | 95,169 | 182,023 | 109,906 | 84,066 | 43,042 | 34,107 | 31,175 | |
41 |
5,591 | 6,696 | 3,404 | 3,341 | 18,200 | 25,923 | 26,865 | 20,036 | 320 | 950 | - | - | - | |
54/58 |
16,055 | 28,609 | 6,931 | 48,176 | 20,124 | 32,226 | 27,776 | 32,172 | 8,175 | 4,521 | 110 | 11,442 | 18,648 | |
490/1 |
1,470 | 220 | 220 | - | 3,071 | 3,857 | 3,075 | 813 | 1,323 | - | 20,054 | 5,288 | 22,786 | |
| Balance sheet: equity and liabilities | ||||||||||||||
10/49 |
183,970 | 128,948 | 121,078 | 213,700 | 261,752 | 298,515 | 189,358 | 279,553 | 131,506 | 94,576 | 70,872 | 71,409 | 98,559 | |
10/15 |
-303,926 | -299,473 | -236,146 | -159,226 | -35,632 | -37,932 | -51,523 | 33,299 | 40,745 | 13,208 | 7,931 | 9,730 | 13,931 | |
10/11 |
12,000 | 12,000 | 12,000 | 12,000 | 12,000 | 12,000 | 12,000 | 12,000 | 12,000 | 12,000 | 12,000 | 12,000 | 12,000 | |
100 |
- | - | - | - | - | - | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | |
101 |
- | - | - | - | - | - | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | |
13 |
28,745 | 28,745 | 28,745 | 28,745 | 28,745 | 28,745 | 28,745 | 28,745 | 28,745 | 1,208 | 97 | 97 | 97 | |
130/1 |
2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 2,000 | 2,000 | 2,000 | 1,208 | 97 | 97 | 97 | |
1311 |
2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | - | - | - | - | - | - | - | |
133 |
26,745 | 26,745 | 26,745 | 26,745 | 26,745 | 26,745 | 26,745 | 26,745 | 26,745 | - | - | - | - | |
14 |
-344,672 | -340,219 | -276,892 | -199,972 | -76,377 | -78,678 | -92,268 | -7,446 | - | - | -4,165 | -2,366 | 1,835 | |
17/49 |
487,896 | 428,421 | 357,224 | 372,926 | 297,383 | 336,447 | 240,881 | 246,254 | 90,761 | 81,368 | 62,941 | 61,679 | 84,628 | |
17 |
- | - | - | - | - | - | 4,564 | 19,621 | 18,815 | 10,136 | 16,586 | 27,635 | 27,733 | |
170/4 |
- | - | - | - | - | - | 4,564 | 19,621 | 18,815 | 10,136 | 16,586 | 27,635 | 27,733 | |
42/48 |
487,896 | 428,421 | 357,224 | 372,926 | 297,383 | 336,447 | 236,317 | 226,633 | 71,943 | 71,224 | 46,355 | 34,044 | 56,895 | |
42 |
- | 45,000 | 45,000 | 45,000 | 45,000 | 54,474 | 86,251 | 63,993 | 12,517 | 6,706 | 11,295 | 11,038 | 5,934 | |
43 |
4,164 | - | - | - | 272 | 3,924 | 4,467 | - | 10,000 | 7,000 | 865 | - | - | |
430/8 |
4,164 | - | - | - | 272 | 3,924 | 4,467 | - | 10,000 | 7,000 | 865 | - | - | |
44 |
144,073 | 179,990 | 65,093 | 85,598 | 99,401 | 140,012 | 64,373 | 61,496 | 34,806 | 37,014 | 11,582 | 2,934 | 33,713 | |
440/4 |
144,073 | 179,990 | 65,093 | 85,598 | 99,401 | 140,012 | 64,373 | 61,496 | 34,806 | 37,014 | 11,582 | 2,934 | 33,713 | |
46 |
- | - | - | - | - | - | - | 42,244 | - | 3,532 | - | - | - | |
45 |
273,970 | 203,431 | 247,132 | 242,328 | 152,711 | 138,038 | 81,226 | 58,901 | 13,378 | 16,972 | 18,050 | 15,798 | 13,995 | |
450/3 |
204,012 | 135,074 | 115,445 | 146,227 | 50,295 | 75,072 | 31,927 | 15,474 | 5,100 | 5,980 | 10,508 | 7,320 | 9,388 | |
454/9 |
69,957 | 68,358 | 131,687 | 96,101 | 102,416 | 62,967 | 49,299 | 43,427 | 8,278 | 10,992 | 7,542 | 8,478 | 4,607 | |
47/48 |
65,689 | - | - | - | - | - | - | - | 1,243 | - | 4,562 | 4,275 | 3,253 | |
492/3 |
- | - | - | - | - | - | - | - | 2 | 8 | - | - | - | |
| Income statement | ||||||||||||||
76A |
- | - | - | 7,455 | - | - | - | - | - | - | - | - | - | |
9900 |
314,485 | 284,249 | 340,570 | 301,521 | 299,915 | 253,023 | 176,640 | 209,325 | 118,287 | 52,136 | 47,637 | 35,956 | 35,616 | |
62 |
308,807 | 320,210 | 339,310 | 389,704 | 284,263 | 213,973 | 242,165 | 198,645 | 61,825 | 32,827 | 31,120 | 21,699 | - | |
630 |
6,498 | 4,724 | 4,113 | 7,871 | 6,924 | 10,256 | 12,665 | 12,810 | 5,116 | 4,225 | 14,156 | 14,156 | 12,422 | |
631/4 |
- | - | - | - | 304 | 2,973 | - | - | 1,522 | - | - | - | - | |
640/8 |
- | 10,411 | 20,106 | 16,479 | 2,483 | 8,169 | 2,129 | 1,107 | 884 | 2,907 | 889 | 534 | 1,971 | |
66A |
- | - | 30,020 | - | - | - | - | - | - | - | - | - | 14,399 | |
9901 |
-820 | -51,096 | -52,979 | -112,533 | 5,942 | 17,651 | -80,319 | -3,237 | 48,940 | 12,176 | 1,471 | -434 | 21,223 | |
75/76B |
11 | 0 | 654 | 28 | 603 | 517 | 993 | 654 | 4 | 22 | 243 | 150 | 9 | |
75 |
11 | 0 | 654 | 28 | 603 | 517 | 993 | 132 | 4 | 22 | 243 | 150 | 9 | |
76B |
- | - | - | - | - | - | - | 522 | - | - | - | - | - | |
65/66B |
3,688 | 12,015 | 24,533 | 10,747 | 3,785 | 4,033 | 5,335 | 3,790 | 2,335 | 2,056 | 1,673 | 1,556 | 850 | |
65 |
3,688 | 12,015 | 20,966 | 6,008 | 3,785 | 4,033 | 5,335 | 3,790 | 2,335 | 2,056 | 1,673 | 1,556 | 850 | |
66B |
- | - | 3,567 | 4,739 | - | - | - | - | - | - | - | - | - | |
9903 |
-4,498 | -63,111 | -76,858 | -123,252 | 2,761 | 14,135 | -84,662 | -6,373 | 46,609 | 10,143 | 42 | -1,840 | 5,982 | |
67/77 |
171 | 216 | 62 | 343 | 460 | 544 | 160 | 1,073 | 19,072 | 4,866 | 1,841 | 2,361 | 4,051 | |
9904 |
-4,669 | -63,327 | -76,920 | -123,595 | 2,301 | 13,591 | -84,822 | -7,446 | 27,537 | 5,277 | -1,799 | -4,201 | 1,931 | |
9905 |
-4,669 | -63,327 | -76,920 | -123,595 | 2,301 | 13,591 | -84,822 | -7,446 | 27,537 | 5,277 | -1,799 | -4,201 | 1,931 | |
| Appropriation of the result | ||||||||||||||
9906 |
-344,672 | -340,219 | -276,892 | -199,972 | -76,377 | -78,678 | -92,268 | -7,446 | 27,537 | 1,111 | -4,165 | -2,366 | 1,931 | |
14P |
-340,003 | -276,892 | -199,972 | -76,377 | -78,678 | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | 27,537 | 1,111 | - | - | 97 | |
6920 |
- | - | - | - | - | - | - | - | 792 | 1,111 | - | - | 97 | |
6921 |
- | - | - | - | - | - | - | - | 26,745 | - | - | - | - | |
| Social balance sheet | ||||||||||||||
9087 |
5 | 5.8 | 5.8 | 7 | 6.6 | 5.2 | 6.4 | 6 | 2 | 1 | 1 | 0.8 | - | |
Hours worked1013 |
7,599 | 9,918 | 9,918 | 13,604 | 11,256 | 9,432 | 11,134 | 7,828 | 3,215 | 1,771 | 1,778 | 1,277 | - | |
| Document | ||||||||||||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 30-04-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 30-04-2026 | 2026-00095636 | |
| 30-09-2024 | micro format | 07-08-2025 | 2025-00363629 | |
| 30-09-2023 | micro format | 30-07-2024 | 2024-00308370 | |
| 30-09-2022 | micro format | 04-04-2024 | 2024-00056975 | |
| 30-09-2021 | micro format | 14-04-2023 | 2023-00059907 | |
| 30-09-2020 | micro format | 30-04-2021 | 2021-12800570 | |
| 30-09-2019 | micro format | 15-05-2020 | 2020-12300361 | |
| 30-09-2018 | micro format | 30-04-2019 | 2019-11500166 | |
| 30-09-2017 | micro format | 02-05-2018 | 2018-12100259 | |
| 30-09-2016 | abbreviated format | 31-03-2017 | 2017-08300528 | |
| 30-09-2015 | abbreviated format | 10-03-2016 | 2016-06000077 | |
| 30-09-2014 | abbreviated format | 20-03-2015 | 2015-06600087 | |
| 30-09-2013 | abbreviated format | 12-03-2014 | 2014-06100564 |
Subsidies and aid
Flemish government 2022 to 2025, 5 entries, €6,042 awarded, €6,042 paid
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €855 | €855 |
| 2024 | 2 | €2,520 | €4,017 |
| 2022 | 2 | €2,667 | €1,170 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 5,678 | -46,372 | -48,866 | -104,662 | 12,866 | 27,907 | -67,655 | 9,573 | 54,057 | 16,401 | 15,628 | 13,723 | 33,645 | ||
| 1,829 | -58,603 | -72,807 | -115,723 | 9,224 | 23,847 | -72,157 | 5,364 | 32,654 | 9,502 | 12,357 | 9,955 | 14,353 | ||
| 7,553 | 4,227 | 8,830 | 3,464 | 10,580 | 2,590 | 4,628 | 33,787 | 11,860 | 1,598 | 1,250 | 8,779 | 66,211 | ||
| -12,554 | 21,678 | -41,245 | 28,052 | -12,102 | 4,449 | -4,396 | 23,997 | 3,654 | 4,411 | -11,332 | -7,206 | - | ||
| -316,563 | -311,056 | -250,201 | -174,281 | -55,094 | -53,738 | -70,432 | 21,411 | 47,780 | 18,313 | 16,851 | 16,793 | 15,714 | ||
| -165.2% | -232.2% | -195.0% | -74.5% | -13.6% | -12.7% | -27.2% | 11.9% | 31.0% | 14.0% | 11.2% | 13.6% | 14.1% | ||
| 0.35 | 0.27 | 0.30 | 0.53 | 0.81 | 0.84 | 0.70 | 1.09 | 1.66 | 1.26 | 1.36 | 1.49 | 1.28 | ||
| - | - | - | - | - | - | - | 7.40 | 2.23 | 6.16 | 7.94 | 6.34 | 6.07 | ||
| - | - | - | - | - | - | - | -22.4% | 67.6% | 40.0% | -22.7% | -43.2% | 13.9% | ||
| -2.5% | -49.1% | -63.5% | -57.8% | 0.9% | 4.6% | -44.8% | -2.7% | 20.9% | 5.6% | -2.5% | -5.9% | 2.0% | ||
| 1.54 | -3.86 | -2.33 | -17.42 | 3.40 | - | - | - | - | - | - | - | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 30-09-2025 | 30-09-2024 | 30-09-2023 | 30-09-2022 | 30-09-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 3 | 6 | 6 | 8 | 8 |
| full-time | 2 | 6 | 6 | 8 | 7 |
| part-time | 1 | - | - | - | 1 |
| in full-time equivalents | 2.8 | 6 | 6 | 8 | 7.8 |
| 5 | - | 5.8 | 7 | 6.6 | |
| On a permanent contract | 3 | 6 | 6 | 8 | 8 |
| Joined | - | 3 | 3 | 9 | 4 |
| Left | - | 5 | 5 | 1 | 2 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
fixed assets acquired| Item | 30-09-2025 | 30-09-2024 | 30-09-2023 | 30-09-2022 | 30-09-2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €3,803 | €4,227 | €8,830 | €3,464 | €10,580 |
| Financial fixed assets | €3,750 | - | - | - | - |
| €6,498 | €4,724 | €4,113 | €7,871 | €6,924 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Public contracts
1 award · 2019
Accord-cadre ayant pour objet «réalisation de capsules vidéo et motion design»
Source: TED (Tenders Electronic Daily), Publications Office of the European Union. The values are as the buyer published them. For a framework agreement, the value is a ceiling.
Insights on Epic Frame
The operating result for 2025 is a loss of €820, smaller than the loss of €51,096 in 2024.
Equity is negative. Debt (€487,896) exceeds the balance-sheet total (€183,970).
Board & ownership
Board
1 director, last change in 2024Commanditaire Vennootschap Be-Right Consultancy
Director, permanent representative WOUTERS Brecht
since 27-11-2023
listed in the 2025 annual accounts, filed on 30-04-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Artikel 14. Externe vertegenwoordiging De vennootschap wordt jegens derden en in rechte als eiser of als verweerder, vertegenwoordigd als…”deed of 20-02-2024
Permanent representatives 1
Permanent representative, for Commanditaire Vennootschap Be-Right Consultancy
in office according to the deed of 20-02-2024
Mandates through the years
3 names, the dashed line is todayCommanditaire Vennootschap Be-Right Consultancy
Director
Director
VANHAELEN Niko
Statutory director
Statutory director
WOUTERS Brecht
Statutory director
Statutory director
BoardEarliermandate already running before its first mention
Mandates as a list
- Commanditaire Vennootschap Be-Right Consultancy
- Director, from 03-07-2018 to date
- VANHAELEN Niko
- Statutory director, until 20-02-2024
- WOUTERS Brecht
- Statutory director, until 20-02-2024
Control
Capital
- Contribution
- €12,000
- Source
- deed of 20-02-2024
Articles of association
deed of 20-02-2024 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “Wanneer de aandelen niet volledig zijn volgestort, kan het bestuursorgaan zelfstandig beslissen over de opvragingen van stortingen door de…”“Op naam, De aandeelhouders mogen kennis nemen van dit register betreffende hun effecten”
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Indien vennootschap maar één aandeelhouder telt, kan deze aandelen vrij overdragen”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of March at 19:00
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “De vennootschap kan op elk moment worden ontbonden door beslissing van de algemene vergadering beslissende in de vormen vereist voor de…”
Capital transactions
Capital over time
- 20-02-2024 Converted to unavailable equity · €12,000
- 20-02-2024 Converted to unavailable equity · €2,000
- 20-02-2024 Converted to uncalled contributions · €8,000
Network & group
No group
Epic Frame has no parent and no holdings in its annual accounts. Commanditaire Vennootschap Be-Right Consultancy is the only director. Epic Frame shares no director with another company.
At the same address
Ambachtenlaan 21, 3001 Leuven · 7 other companies| WKA
establishment since 20-08-2015 · founded in 2015 |
203 FTE (2025) 0607.896.030 |
| AGRO-FORE
establishment since 22-06-1995 · founded in 1988 |
total assets €3.2m (2025) 0433.906.635 |
| BORD DE MER
registered office since 21-01-2016 · founded in 2016 |
7.6 FTE (2021) 0646.871.917 |
| FLEXLINK SYSTEMS
registered office since 20-02-2001 · founded in 2001 |
4.9 FTE (2025) 0473.907.950 |
| Abonnementenland
registered office since 16-07-2014 · founded in 2014 |
total assets €201,883 (2025) 0556.664.291 |
| Retroactief
registered office since 23-05-2018 · founded in 2018 · negative equity (2022) |
total assets €14,698 (2022) 0698.647.250 |
| Belgische Rode Kruis
establishment since 01-10-2011 |
founded in 1891 0406.729.809 |
Timeline
Timeline
23 events since 2012Board
Filings
Financial
Establishments
Insolvency
Address
20122014201620182020202220242026
Deadline for the 2026 accounts: 30-04-2027
2026
Annual accounts 2025 filed PDFmicro format · on the deadline day
2025
Annual accounts 2024 filed PDFmicro format · 99 days late
Registered office moved from Herent to LeuvenNew registered office: Ambachtenlaan 21 (Unit 9B), 3001 Leuven · Previous registered office: Duigemhofstraat 101, 3020 Herent · Permanent representative: Liesbet Desmedt · General meeting of 15-11-20243 points ▸
- General meeting, 15-11-2024
- Registered-office move, Ambachtenlaan 21 (Unit 9B), 3001 Leuven
- Permanent representative, Liesbet Desmedt
Plan homologation Enterprise Court of Leuven · judgment of 27-02-2025
2024
Judicial reorganisation opened Enterprise Court of Leuven · collective agreement · judgment of 31-10-2024
Annual accounts 2023 filed PDFmicro format · 91 days late
Annual accounts 2022 filed PDFmicro format · 340 days late
2 directors resigning, 1 reappointmentResignations: WOUTERS Brecht (statutory director) and VANHAELEN Niko (statutory director) · Permanent representative: WOUTERS Brecht · Reappointment: Commanditaire Vennootschap Be-Right Consultancy · General meeting of 27-11-20236 points ▸
- General meeting, 27-11-2023
- Director resignation, WOUTERS Brecht (statutory director)
- Director resignation, VANHAELEN Niko (statutory director)
- Permanent representative, WOUTERS Brecht
- Director reappointment, Commanditaire Vennootschap Be-Right Consultancy
- Registered office clause, Duigemhofstraat 101, 3020 Herent
- The deed holds 9 more points.
2023
Annual accounts 2021 filed PDFmicro format · 349 days late
2022
Weakest financial year net -€123,595 The net result drops to -€123,595, the lowest from 2013 to 2025. It recovers the following year.
2021
Annual accounts 2020 filed PDFmicro format · on the deadline day
2020
Back to profit net €13,591 The net result is €13,591, after 2 loss-making years.
Annual accounts 2019 filed PDFmicro format · 15 days late
2019
Annual accounts 2018 filed PDFmicro format · on the deadline day
2018
Annual accounts 2017 filed PDFmicro format · 2 days late
2017
Highest result from 2013 to 2025 net €27,537 ▲422% The operating result of €48,940 and the net result of €27,537 are both a record.
Annual accounts 2016 filed PDFabbreviated format · 30 days before the deadline
2016
Back to profit net €5,277 The net result is €5,277, after 2 loss-making years.
Annual accounts 2015 filed PDFabbreviated format · 51 days before the deadline
2015
Annual accounts 2014 filed PDFabbreviated format · 41 days before the deadline
2014
Annual accounts 2013 filed PDFabbreviated format · 49 days before the deadline
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0845.878.701
- VAT number
- BE 0845.878.701
- Peppol ID
- 0208:0845878701
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 11-05-2012
- Financial year
- ends on 30 September
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of March at 19:00deed of 20-02-2024 (in Dutch)
- General meetingThe general meeting of all shareholders appoints the directors and approves the accounts, among other things.
- “Schriftelijk, alle besluiten die tot de bevoegdheid van de algemene vergadering behoren”“Schriftelijke algemene vergadering - commissaris, Het toekomen van de schriftelijke beslissing uiterlijk binnen de 20 dagen voor de…”“Schriftelijke algemene vergadering - bijzondere vergadering, de datum van het door alle aandeelhouders ondertekende besluit geacht de datum…”“Elektronische algemene vergadering - deelneming, De aandeelhouders kunnen op afstand deelnemen aan de algemene vergadering door middel van…”“Elektronische algemene vergadering - communicatiemiddel, Het door de vennootschap ter beschikking gestelde elektronische communicatiemiddel…”deed of 20-02-2024 (in Dutch)
- Peppol
- Reachable via PeppolFollow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- Epic Frame in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 20-02-2024 (in Dutch)
- Name clauseThe company operates under this name according to its articles.
- Epic Framedeed of 20-02-2024 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 20-02-2024 (in Dutch)
Activities
NACEBEL 2025VAT activities
74201
Photography, excluding press photography main activity
Social security (RSZ) activities
59113
Video and film production, excluding cinema and television films main activity
Joint committees annual accounts 30-09-2025
JC 227
Audiovisual sector
Codes under NACEBEL 2008
VAT activities
74201
Photography, excluding press photography main activity
Social security (RSZ) activities
59113
Motion picture, video and television programme production, sound recording and music publishing activities main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “De verwerving voor eigen rekening van participaties, onder welke vorm het ook zij, in de oprichting, ontwikkeling, omvorming en controle van…”deed of 20-02-2024 (in Dutch)
18 activities
- De verwerving voor eigen rekening van participaties, onder welke vorm het ook zij, in de oprichting, ontwikkeling, omvorming en controle van om het even welke ondernemingen, Belgische of buitenlandse, commerciële, industriële of andere vennootschappen
- De verwerving voor eigen rekening van eender welke titels, rechten of roerende waarden door middel van participatie, inbreng, onderschrijving, intekening, plaatsing, waarborg, koop, aankoopoptie, verhandeling, of op iedere andere wijze
- Onderneming in onroerende goederen, welke ondermeer omvat: i) de verwerving, de vervreemding, de inleasinggeving, het beheer, de uitbating, de valorisatie, de verkaveling, de ordening, het huren en verhuren, het doen bouwen en het verbouwen van onroerende goederen en desgevallend met het oog op overdracht aan derden – hetzij verkoop op plan, hetzij verkoop als gebouw, hetzij verhuur, hetzij het verlenen van zakelijke rechten, hetzij in leasing geven; ii) tussenhandelaar, de makelarij en/of handel in de onroerende goederen, dit in de meest ruime zin van het woord, met inbegrip van onroerende leasing, met uitsluiting evenwel van handelingen welke vallen onder de beroepswerkzaamheden van vastgoedmakelaar zoals bepaald in het koninklijk besluit de dato 06/09/1993 tot bescherming van de beroepstitel en van de uitoefening van het beroep van vastgoedmakelaar; iii) het nemen en afstaan van optierechten terzake het kopen van onroerende goederen of immobiliënvennootschappen alsmede de uitgifte van vastgoedcertificaten
- Het verhuren of huren, de aan- en verkoop van roerende goederen in de meest ruime zin van het woord
- Het ontwikkelen, kopen, verkopen, in licentie nemen of geven van octrooien, knowhow en aanverwante immateriële duurzame activa
- Het aangaan en afsluiten van leningen, kredieten en financieringen alsmede het verstrekken van leningen, kredieten en financieringen aan vennootschappen, particulieren, organisaties, derden, al dan niet gelieerd, in de meest brede zin van het woord
- Het doen van studies en onderzoek, het uitvoeren van analyses, het verstrekken van adviezen, het voorstellen en implementeren van oplossingen en aanverwante diensten
- Het organiseren, begeleiden en/of deelnemen aan studiedagen, congressen, evenementen en aanverwante activiteiten
- Het geven van opleiding en vorming in groep of individueel bij middel van training, workshops, lezingen en seminaries; de redactie van artikels, bijdragen, boeken, cursussen, in de meest ruime zin
- Publiciteit, public relations en communicatie. Het bedenken van allerlei reclametechnieken
- Het ontwikkelen en uitvoeren van alle soorten audiovisuele projecten, zowel in pre-productie, productie en post-productie, die via alle mogelijke reeds bestaande of nog, al dan niet door de vennootschap, te ontwikkelen kanalen kunnen worden gedistribueerd of gepubliceerd
- Het bepalen, samen met de klant, welke diensten, materialen en mensen nodig zijn voor ieder audiovisueel project, en het leveren ervan op maat
- Het verlenen van advies op vlak van communicatie, public relations en marketing
- Het verhuren van alle eigen verworven apparatuur aan derden
- Marketing consultancy
- Design, marketing en communicatie
- Het opzetten, het bestuderen, het promoten en het uitvoeren van alle zakelijke strategieprojecten en -activiteiten
- Adviesbureau op vlak van strategische planning
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Ambachtenlaan 21 registered office 3001 Leuven 59111 Production of cinema films | 07-05-2012 | 2.209.564.780 |
1 former office
- Duigemhofstraat 101, 3020 Herent until 15-11-2024 · deed of 28-05-2025
Buildings and parcels at the address
- Ground area
- 9,753 m²
- Buildings
- 5,513 m²
- Volume, LiDAR
- 32,784 m³
- Tallest building
- 7.4 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 24514C0164/08B000 | 9,753 m² | 1 · 5,513 m² | 7.4 m · 2 |