FRAMAKO
FRAMAKO has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €703k and a net result of €-138k. Equity is shrinking by ~22.1% per year across the filed fiscal years. Its solvency ranks better than 20% of 8388 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
| Equity | €703k |
| Net result | €-138k |
| Better than sector | 20% |
| Active | 27 yrs |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 17.0% | 53.1% | |
| Net result | €-138k | €38k | |
| Equity | €703k | €354k | |
| Gross operating margin | €328k | €87k | |
| Total assets | €4.12M | €923k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - | - |
| EBITDA | €319k | - | - | - |
| Net profit | €-138k | €-997k | €415k | €70k |
| Cash flow | €220k | - | - | - |
| Staff costs | - | - | - | - |
| Income taxes | €-1 | €96k | €106k | €26k |
| Dividends | - | - | - | - |
| Total assets | €4.12M | €1.62M | €3.31M | €3.03M |
| Equity | €703k | €841k | €1.84M | €1.42M |
| Debt | €3.42M | €781k | €1.47M | €1.61M |
| of which ≤ 1y | €264k | €106k | €164k | €84k |
| of which > 1y | €3.16M | €675k | €1.31M | €1.52M |
| Working capital | €-124k | €342k | €256k | €249k |
| Employees (FTE) | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 0.53 | 4.23 | 2.57 | 3.95 |
| Quick ratio | 0.53 | 4.23 | 2.57 | 3.95 |
| Working capital ratio | -3.0% | 21.1% | 7.7% | 8.2% |
| Solvency | 17.0% | 51.8% | 55.5% | 46.9% |
| Debt / equity | 4.87 | 0.93 | 0.80 | 1.13 |
| Long-term debt ratio | 4.49 | 0.80 | 0.71 | 1.07 |
| Interest coverage | 0.84 | - | - | - |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | -3.3% | -61.5% | 12.5% | 2.3% |
| ROE | -19.6% | -118.7% | 22.6% | 4.9% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €4.12M | €1.62M | €3.31M | €3.03M |
| Fixed assets | 21/28 | €3.98M | €1.17M | €2.89M | €2.70M |
| Tangible fixed assets | 22/27 | €2.95M | - | - | - |
| Financial fixed assets | 28 | €1.04M | €1.17M | €2.89M | €2.70M |
| Current assets | 29/58 | €140k | €448k | €420k | €333k |
| Amounts receivable within one year | 40/41 | €137k | €448k | €418k | €332k |
| Cash & bank | 54/58 | €2k | €28 | €1k | €442 |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €4.12M | €1.62M | €3.31M | €3.03M |
| Equity | 10/15 | €703k | €841k | €1.84M | €1.42M |
| Contributions / capital | 10/11 | €37k | €37k | €37k | €37k |
| Reserves | 13 | €666k | €803k | €1.80M | €1.39M |
| Amounts payable | 17/49 | €3.42M | €781k | €1.47M | €1.61M |
| Amounts payable after one year | 17 | €3.16M | €675k | €1.31M | €1.52M |
| Amounts payable within one year | 42/48 | €264k | €106k | €164k | €84k |
| Trade debts payable within one year | 44 | €24k | €5k | €35k | €49k |
| Income statement | |||||
| Gross operating margin | 9900 | €328k | €360k | €376k | €80k |
| Operating result | 9901 | €-38k | €359k | €376k | €78k |
| Financial income | 75 | €350k | €283k | €146k | €20k |
| Financial charges | 65 | €380k | €636 | €732 | €2k |
| Result before taxes | 9903 | €-138k | €-902k | €521k | €96k |
| Income taxes | 67/77 | €-1 | €96k | €106k | €26k |
| Net result for the period | 9904 | €-138k | €-997k | €415k | €70k |
| Result to be appropriated | 9905 | €-138k | €-997k | €415k | €70k |
| NACE primary | Business and other management consultancy(70200) |
| Legal form | Private limited company(610) |
| Incorporation | 15-09-1998 |
| Status | Active |
| Postal code | 2310 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13502D0042/00E002 | Flanders | 760 m² | 1 · 314 m² | 8.7 m · 2 fl. |
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
08-01-2024 Publication in the Belgian Official Gazette, Minor change
Technical details
{
"notary": {
"name": "Dominique Maes",
"firm_city": null,
"firm_name": null,
"office_city": "Turnhout",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-01-08",
"filing_date": "2024-01-03",
"act_kind_objet": "STATUTEN (VERTALING, COORDINATIE, OVERIGE WIJZIGINGEN), ONTSLAGEN, BENOEMINGEN, WIJZIGING RECHTSVORM"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2023-12-27",
"unanimous": true
},
"agm_change": null,
"detected_kind": "statutes_change",
"other_address": null,
"mandate_renewal": null,
"subject_company": {
"kbo": "0464.127.281",
"name_full": "FRAMAKO",
"legal_form": "BV"
},
"accounts_deposit": null,
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null
},
"co_filed_documents": [
"afschrift akte",
"geco\u00F6rdineerde statuten"
],
"fiscal_year_change": {
"new_end_mm_dd": "30",
"old_end_mm_dd": null,
"new_start_mm_dd": "07",
"old_start_mm_dd": null,
"first_full_new_year": null,
"transition_period_end": null
},
"liquidation_closure": null,
"officer_designation": null,
"special_procuration": null,
"is_volet_a_only_stub": false,
"vakbekwaamheid_change": null,
"should_reroute_to_category": null,
"single_shareholder_declaration": null
}| Legal nameNL | FRAMAKO |