FRAM bouw
ActiveFRAM bouw has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €148k and a net result of €-1k. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 80% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability32▲+30
Solvency100▲+52
Growth52=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 6.32 against 9.6 in 2024; short-term debt: 13.6% and cash: 15.7% of total assets), and 24.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
75.2%
Return on assets
-0.8%
Age of the figures
18 mo
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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
192021232425
2019 to 2025 · latest year €-1k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
1 d early
2024
2 d early
2023
304 d late
2021
on the day
2020
3 d early
2019
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close21-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€148k▼ 1.0%
2024 · €149k
2019: €84k
2020: €161k
2021: €240k
2023: €236k
2024: €149k
2019 → 2025
Total assets
€196k▼ 69.3%
2024 · €640k
2019: €1.06M
2020: €491k
2021: €720k
2023: €624k
2024: €640k
2019 → 2025
Net result
€-1k▲ 98.3%
2024 · €-87k
2019: €72k
2020: €77k
2021: €79k
2023: €-11k
2024: €-87k
2019 → 2025
Working capital
€142k▼ 73.3%
2024 · €532k
2019: €98k
2020: €434k
2021: €634k
2023: €400k
2024: €532k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202320242025Trend
Equity€161k-€240k▲ 48.9%€236k▼ 1.9%€149k▼ 36.8%€148k▼ 1.0%
Operating result€100k-€115k▲ 14.6%€-22k€-52k▼ 131%€18k
Net result€77k-€79k▲ 2.3%€-11k€-87k▼ 707%€-1k▲ 98.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €18k after a loss of €52k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €196k
Fixed assets
€28k▼ 38.9%
Current assets
€169k▼ 71.6%
Equity and liabilities €196k
Equity
€148k▼ 1.0%
Debt
€49k▼ 90.1%
The debt ratio falls from 76.7% to 24.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€35k▲
2024 · €-24k
Cash flow
€16k▲
2024 · €-59k
Solvency
75.2%▲
2024 · 23.3%
Current ratio
6.32▼
2024 · 9.60
Quick ratio
4.69▲
2024 · 2.09
Debt / equity
0.33▼
2024 · 3.29
ROE
-1.0%▲
2024 · -58.2%
ROA
-0.8%▲
2024 · -13.6%
Interest coverage
1.66▲
2024 · -0.67
Debt
€49k▼
2024 · €491k
Debt ≤ 1 year
€27k▼
2024 · €62k
Debt > 1 year
€17k▼
2024 · €429k
Income taxes
€164▼
2024 · €171
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€640k€196k▼
Fixed assets21/28€45k€28k▼
Tangible fixed assets22/27€45k€28k▼
Plant, machinery and equipment23€145-
Furniture and vehicles24€45k€28k▼
Current assets29/58€594k€169k▼
Amounts receivable after more than one year29€67k€67k=
Trade receivables290€67k€67k=
Stocks and contracts in progress3€465k€44k▼
Stocks30/36€465k€44k▼
Amounts receivable within one year40/41€49k€25k▼
Trade receivables40€31k€14k▼
Other amounts receivable41€18k€11k▼
Cash at bank and in hand54/58€12k€31k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€640k€196k▼
Equity10/15€149k€148k▼
Contributions10/11€19k€19k=
Reserves13€228k€228k=
Distributable reserves133€228k€228k=
Profit (loss) carried forward14€-97k€-99k▼
Amounts payable17/49€491k€49k▼
Amounts payable after more than one year17€429k€17k▼
Financial debts170/4€429k€17k▼
Amounts payable within one year42/48€62k€27k▼
Current portion of amounts payable after more than one year42€16k€11k▼
Financial debts43€152€625▲
Credit institutions430/8€152€625▲
Trade debts44€46k€12k▼
Suppliers440/4€46k€12k▼
Taxes, remuneration and social security45€171€3k▲
Taxes450/3€171€3k▲
Accrued charges and deferred income492/3-€5k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€18k▼
Other operating charges640/8€5k€2k▼
Gross operating margin9900€-19k€38k▲
Operating profit (loss)9901€-52k€18k▲
Financial income75/76B€212€2k▲
Recurring financial income75€212€2k▲
Financial charges65/66B€35k€21k▼
Recurring financial charges65€35k€21k▼
Profit (loss) for the period before taxes9903€-87k€-1k▲
Income taxes67/77€171€164▼
Profit (loss) for the period9904€-87k€-1k▲
Profit (loss) for the period to be appropriated9905€-87k€-1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-97k€-99k▼
Profit (loss) brought forward from the previous period14P€-11k€-97k▼
The notes to these accounts (6 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
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 304 days late
31-03
Financial
Weakest financial yearnet €-87k
Net result drops to €-87k, the lowest in the series; recovery starts the following year.
31-03
Financial
Liquidity triplescurrent ratio 9.60
Current ratio from 3.65 to 9.60; short-term debt falls from €151k to €62k.
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Highest result since 2019net €79k ▲2.3%
Operating result €115k, net result €79k, both a record.
30-06
Financial
Liquidity doublescurrent ratio 18.28
Current ratio from 9.02 to 18.28; short-term debt falls from €54k to €37k.
30-06
Financial
Equity above €200kEq €240k ▲48.9%
3 profitable years in a row build equity to €240k.
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Liquidity times 8current ratio 9.02
Current ratio from 1.10 to 9.02; short-term debt falls from €957k to €54k.
30-06
Financial
Equity above €150kEq €161k ▲91.7%
2 profitable years in a row build equity to €161k.
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Huldenberg · 1 establishment unit since 2018
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.
Wolfshaegen 443040 HuldenbergGround area
762 m²
Building footprint
145 m²
Volume, LiDAR
15 m³
Parcel 24045C0241/00M000, Flanders · tallest building 1.3 m. Linked by address, not a title deed.
1 establishment unit
FRAM Bouw
since 20182.274.329.108
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24045C0241/00M000 | Flanders | 762 m² | 1 · 145 m² | 1.3 m |
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.
Similar companies · same sector, comparable size
WILBOY
BE 0462.704.351
Lummen · Eq €147k
Cleaning Service Kerkhofs
BE 0834.825.451
Oudsbergen · Eq €148k
FDCE CONSTRUCT
BE 0820.555.365
Jette · Eq €147k
KVE Construct
BE 0536.572.029
Brussel · Eq €147k
B.K.W.
BE 0882.894.196
Merchtem · Eq €147k
Of 7,294 companies in sector 43350 we hold annual accounts for 2,361. 1,904 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-03-2018
Fiscal year end31-03
Activities, NACEBEL
43350Other building finishing work
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.