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Fraam Belgium

Active
Private limited companyfounded 2019active for 7 yearsRechtstraat 436, 9160 Lokeren, BelgiumKBO/BCE: BE 0725.847.238

From the official registers: KBO 6 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

Fraam Belgium has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €250,987 and a net result of €121,445. Equity has been growing by about 22% per year since 2020. Its solvency ranks better than 27% of 9,883 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Official details

KBO
Status
Active since 29-04-2019 Normal situation
Activity
Joinery installation NACE 43320and 2 others
Establishment unit
2.288.993.132 9160 Lokeren, since 29-04-2019
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board

Financial position

69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Annual accounts 2025
Gross margin
€461,858
▲ 30.7%
Turnover
≈ €1.4m
estimated
Profit
€121,445
Equity
€250,987
▲ 92.5%
Total assets
€998,185
▲ 19.6%
Staff
3.2 FTE
▼ 25.6%
Filed on 19-06-2026, 42 days before the deadlineat the National Bank
Score breakdownraises riskFounded in 2019Liquidity: current ratio 1.15, cash €29,769lowers riskFigures for financial year 2025 (filed on 19-06-2026)Size: 3.2 FTE, total assets €998,185Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 53% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Average
Solvency 50+9
equity 25.1% of total assets
Liquidity 39=
short-term debt 34.4% · cash 3.0%
Profitability 84+37
return on assets 12.2%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 11-2024: 3.3% 12-2024: 3.3%● unchanged vs 11-2024 01-2025: 3.2%▼ -0.1 percentage points vs 12-2024 02-2025: 3.2%● unchanged vs 01-2025 03-2025: 3.2%● unchanged vs 02-2025 04-2025: 3.4%▲ +0.2 percentage points vs 03-2025 05-2025: 3.4%● unchanged vs 04-2025 06-2025: 3.4%● unchanged vs 05-2025highest value 07-2025: 1.9%▼ -1.5 percentage points vs 06-2025 08-2025: 1.7%▼ -0.2 percentage points vs 07-2025 09-2025: 1.7%● unchanged vs 08-2025 10-2025: 1.7%● unchanged vs 09-2025 11-2025: 1.7%● unchanged vs 10-2025 12-2025: 1.7%● unchanged vs 11-2025 01-2026: 1.7%● unchanged vs 12-2025 02-2026: 1.7%● unchanged vs 01-2026 03-2026: 1.7%● unchanged vs 02-2026 04-2026: 1.8%▲ +0.1 percentage points vs 03-2026 05-2026: 1.7%▼ -0.1 percentage points vs 04-2026 06-2026: 1.8%▲ +0.1 percentage points vs 05-2026 07-2026: 2.2%▲ +0.4 percentage points vs 06-2026 08-2026: 2.5%▲ +0.3 percentage points vs 07-2026 09-2026: 2.7%▲ +0.2 percentage points vs 08-2026 10-2026: 0.7%▼ -2.0 percentage points vs 09-2026lowest value
Credit of up to €17,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.15 (0.96 in 2024), below the usual 1.5. Short-term debt is 34.4% and cash 3% of total assets. 74.9% 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 43, micro). It does better than 27% of them on solvency, 27% on liquidity, 67% on profitability and 90% 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
lowers risk · Figures for financial year 2025 (filed on 19-06-2026)
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 the company's profile.
KBO
lowers risk · Size: 3.2 FTE, total assets €998,185
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.15, cash €29,769
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 19-06-2026, 42 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
42 days early
2024
45 days early
2023
14 days early
2022
24 days early
2021
26 days early
2020
32 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 31 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 5 July (5 of the last 5 accounts filed within 30 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: Equity rose in 2025from €130,375 to €250,987 ▲ 92.5% View
  • Positive: Always filed on timeaccounts within the deadline every year 6 years View

Comparable companies

These companies have the same main activity as Fraam Belgium: joinery installation (NACE 43320). They are comparable in size and age: total assets between €686,000 and €1.3m, founded between 2018 and 2021.

CompanyTotal assetsGross margin
Fraam Belgium Lokeren€1.0m€0.5m
OUTDOOR MODULAR ARCHITECTURE Ichtegem€1.2m€0.6m
ATELIER MATIERE Marche-en-Famenne€1.2m€0.5m
DM EQUINE Lochristi€1.3m€0.4m
ERIBEL SOLID Gent€0.9m€0.5m
NEO TECHNICS Deinze€1.2m€0.3m
NXT-DOOR Oudenaarde€0.7m€0.6m
Full comparison

Documents

Annual accounts at the NBB

All 6 annual accounts

Articles and registers

Key facts about Fraam Belgium

What is the company number of Fraam Belgium?
The company number of Fraam Belgium is 0725.847.238. The VAT number is the same number with BE in front: BE 0725.847.238.
Where is Fraam Belgium based?
The registered office is at Rechtstraat 436, 9160 Lokeren.Company details
What does Fraam Belgium do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of Fraam Belgium?
The legal form of Fraam Belgium is Private limited company (BV).
When was Fraam Belgium founded?
Fraam Belgium was founded on 29-04-2019.
Is Fraam Belgium still active?
Yes, Fraam Belgium is an active enterprise in the KBO register.
How many employees does Fraam Belgium have?
Fraam Belgium had an average of 3.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Fraam Belgium?
The turnover in financial year 2025 is ≈ €1.4m. This figure is estimated from the gross margin of €461,858 and 40 comparable companies (NACE 433). It probably lies between €1.0m and €1.7m.
Is Fraam Belgium profitable?
In financial year 2025, Fraam Belgium made a profit of €121,445.
Where can I find the annual accounts of Fraam Belgium?
Fraam Belgium filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of Fraam Belgium due?
Fraam Belgium must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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