Equity
Equity fell below zero in 2017.
Trustee: Carmen Matthijs. The judgment is more than a year old. A claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.
Equity fell below zero in 2017.
Of this, €181,395 falls due within a year.
The 2019 accounts came latest: 144 days after the end of the period.
Equity fell from €58,744 in 2016 to -€23,461 in 2020, while debts rose from €23,894 to €185,455.
On 19 September 2023 the court declared FRAMA CONSTRUCT bankrupt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them.
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||
20/58 |
161,994 | 161,994 | 199,161 | 144,294 | 82,638 | 85,227 | 97,276 | 109,237 | |
21/28 |
19,065 | 19,065 | 42,788 | 53,072 | 7,699 | 8,351 | 3,964 | 2,967 | |
21 |
- | - | 16,478 | 21,059 | - | - | - | - | |
22/27 |
15,000 | 15,000 | 22,246 | 27,948 | 7,699 | 8,351 | 3,964 | 2,967 | |
22 |
- | - | 453 | 742 | 1,031 | 1,319 | 1,608 | 1,896 | |
24 |
15,000 | 15,000 | 21,792 | 27,206 | 6,668 | 7,031 | 2,357 | 1,070 | |
28 |
4,065 | 4,065 | 4,065 | 4,065 | - | - | - | - | |
29/58 |
142,929 | 142,929 | 156,373 | 91,221 | 74,939 | 76,877 | 93,312 | 106,271 | |
29 |
65,000 | 65,000 | 65,000 | - | - | - | - | 105,503 | |
290 |
- | - | - | - | - | - | - | 61,503 | |
291 |
65,000 | 65,000 | 65,000 | - | - | - | - | 44,000 | |
40/41 |
59,720 | 59,720 | 77,234 | 68,458 | 59,434 | 73,570 | 92,675 | - | |
40 |
17,108 | 17,108 | 58,099 | 4,241 | 24,010 | 36,435 | 56,184 | - | |
41 |
42,612 | 42,612 | 19,134 | 64,217 | 35,424 | 37,135 | 36,490 | - | |
54/58 |
4,889 | 4,889 | 184 | 7,668 | 42 | 3,307 | 1 | - | |
490/1 |
13,321 | 13,321 | 13,954 | 15,096 | 15,463 | - | 636 | 768 | |
| Balance sheet: equity and liabilities | |||||||||
10/49 |
161,994 | 161,994 | 199,161 | 144,294 | 82,638 | 85,227 | 97,276 | 109,237 | |
10/15 |
-23,461 | -23,461 | -26,786 | -37,578 | 58,744 | 58,140 | 49,490 | 21,071 | |
10/11 |
12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 6,500 | 6,500 | |
100 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 12,100 | 12,100 | |
13 |
46,344 | 46,344 | 46,344 | 46,344 | 46,344 | 45,740 | 42,990 | 14,571 | |
130/1 |
1,860 | - | - | - | - | - | - | - | |
130 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
132 |
7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | |
133 |
37,484 | 37,484 | 37,484 | 37,484 | 37,484 | 36,880 | 34,130 | 5,711 | |
14 |
-82,205 | -82,205 | -85,530 | -96,322 | - | - | - | - | |
17/49 |
185,455 | 185,455 | 225,947 | 181,871 | 23,894 | 27,087 | 47,786 | 88,166 | |
17 |
- | - | 62,487 | 105,935 | - | 1,242 | - | - | |
170/4 |
- | - | 62,487 | 105,935 | - | 1,242 | - | - | |
42/48 |
181,395 | 181,395 | 161,013 | 75,937 | 23,894 | 25,845 | 47,786 | 88,166 | |
42 |
67,847 | 67,847 | 32,638 | - | - | 3,645 | - | - | |
43 |
38,463 | 38,463 | 49,296 | 25,000 | 10,859 | 2,582 | - | 50 | |
430/8 |
38,463 | 38,463 | 49,296 | 25,000 | 10,859 | 2,582 | - | 50 | |
44 |
53,452 | 53,452 | 59,577 | 50,256 | 4,515 | 3,315 | 7,940 | 2,526 | |
440/4 |
53,452 | 53,452 | 59,577 | 50,256 | 4,515 | 3,315 | 7,940 | 2,526 | |
45 |
21,633 | 21,633 | 19,502 | 680 | 8,520 | 16,304 | 17,846 | 13,590 | |
450/3 |
21,633 | 21,633 | 6,251 | 680 | 8,520 | 16,304 | 17,846 | 13,590 | |
454/9 |
- | - | 13,251 | - | - | - | - | - | |
47/48 |
- | - | - | - | - | - | 22,000 | 72,000 | |
492/3 |
4,060 | 4,060 | 2,447 | - | - | - | - | - | |
| Income statement | |||||||||
76A |
- | - | - | - | 26,747 | 2,134 | - | - | |
9900 |
- | 18,951 | 89,691 | -91,765 | 4,106 | 6,569 | 40,928 | 91,514 | |
62 |
- | - | 56,762 | - | - | - | - | - | |
630 |
- | - | 11,496 | 5,423 | 1,575 | 4,145 | 1,301 | 279 | |
640/8 |
- | - | 1,302 | 1,267 | 1,476 | 942 | 568 | 1,421 | |
66A |
- | 15,626 | 280 | - | - | - | - | - | |
9901 |
- | 3,325 | 19,851 | -98,456 | 1,055 | 1,481 | 39,058 | 89,815 | |
75/76B |
- | - | 1,680 | 8,203 | 3,363 | 2,886 | 3,553 | 1,855 | |
75 |
- | - | 1,680 | 8,203 | 3,363 | 2,886 | 3,553 | 1,855 | |
65/66B |
- | - | 10,297 | 5,535 | 3,637 | 1,317 | 924 | 1,056 | |
65 |
- | - | 10,297 | 5,535 | 3,637 | 1,317 | 924 | 1,056 | |
9903 |
- | 3,325 | 11,234 | -95,787 | 781 | 5,184 | 41,687 | 90,614 | |
67/77 |
- | - | 442 | 535 | 177 | 2,434 | 13,268 | 4,043 | |
9904 |
- | 3,325 | 10,792 | -96,322 | 604 | 2,750 | 28,419 | 86,571 | |
689 |
- | - | - | - | - | - | - | 7,000 | |
9905 |
- | 3,325 | 10,792 | -96,322 | 604 | 2,750 | 28,419 | 79,571 | |
| Appropriation of the result | |||||||||
9906 |
-82,205 | -82,205 | -85,530 | -96,322 | 604 | 2,750 | 28,419 | 79,571 | |
691/2 |
- | - | - | - | 604 | 2,750 | 28,419 | 7,571 | |
6920 |
- | - | - | - | - | - | - | 1,860 | |
6921 |
- | - | - | - | 604 | 2,750 | 28,419 | 5,711 | |
694/7 |
- | - | - | - | - | - | - | 72,000 | |
695 |
- | - | - | - | - | - | - | 72,000 | |
| Social balance sheet | |||||||||
9087 |
- | - | 1 | - | - | - | - | - | |
Hours worked1013 |
- | - | 1,850 | - | - | - | - | - | |
| Document | |||||||||
Source: Annual accounts 2020 (PDF), filed on 30-10-2021.
2020 annual accounts filed 91 days after the deadline. Filed on 30 October 2021, deadline 31 July 2021 (7 months after the close on 31 December 2020, Companies Code art. 3:10). Source: NBB, 2021-75300150.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2020 | micro format | 30-10-2021 | 2021-75300150 | |
| 31-12-2019 | micro format | 22-12-2020 | 2020-76400442 | |
| 31-12-2018 | micro format | 30-08-2019 | 2019-59800545 | |
| 31-12-2017 | micro format | 31-08-2018 | 2018-58800592 | |
| 31-12-2016 | micro format | 20-07-2017 | 2017-34400556 | |
| 31-12-2015 | abbreviated format | 08-07-2016 | 2016-30400230 | |
| 31-12-2014 | abbreviated format | 14-07-2015 | 2015-31100579 | |
| 31-12-2013 | abbreviated format | 31-08-2014 | 2014-54600075 |
| Line | Trend | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|
| - | - | 31,347 | -93,033 | 2,630 | 5,627 | 40,360 | 90,093 | ||
| - | - | 22,289 | -90,899 | 2,179 | 6,895 | 29,720 | 86,850 | ||
| - | - | 1,492 | 50,796 | 6,281 | 8,531 | 2,299 | 3,246 | ||
| 0 | 4,705 | -7,484 | 7,626 | -3,265 | 3,305 | - | - | ||
| -38,466 | -38,466 | -4,640 | 15,285 | 51,045 | 51,032 | 45,526 | 18,104 | ||
| -14.5% | -14.5% | -13.4% | -26.0% | 71.1% | 68.2% | 50.9% | 19.3% | ||
| 0.79 | 0.79 | 0.97 | 1.20 | 3.14 | 2.97 | 1.95 | 1.21 | ||
| - | - | - | - | 0.41 | 0.47 | 0.97 | 4.18 | ||
| - | - | - | - | 1.0% | 4.7% | 57.4% | 410.9% | ||
| - | 2.1% | 5.4% | -66.8% | 0.7% | 3.2% | 29.2% | 79.3% |
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.
The operating result for 2019 is 83% lower than in 2018.
Equity is negative. Debt (€185,455) exceeds the balance-sheet total (€161,994).
FRAMA CONSTRUCT has no parent and no holdings in its annual accounts.
| ALYSA
registered office since 31-12-1999 · founded in 1999 |
total assets €3.2m (2018) 0469.228.293 |
| CAD GROUP via Lammens Frank, at FRAMA CONSTRUCT, last mentioned in 2020 · Statutory director · deed of 28-01-2020 Open bankruptcy · founded in 2020 |
total assets €286,978 (2022) |
| PAI D’ÉGUA via Lammens Frank, at FRAMA CONSTRUCT, last mentioned in 2020 · Manager (not named in the articles) · deed of 12-08-2024 |
founded in 2024 |
The network starts from the earlier ties.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| VYD Processieweg 50, 3560 Lummen 16230 Manufacture of other builders' carpentry and joinery | 05-12-2012 | 2.216.425.551 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 34009B0981/00V000 | 1.5 ha | 1 · 9,226 m² | 9.2 m · 3 |
| 71038D0021/00A000 | 1,052 m² | 1 · 139 m² | 9.9 m · 2 |
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