FRAMATEX
ActiveFRAMATEX has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €83k and a net result of €941. Equity is growing by ~8.3% per year across the filed fiscal years. Its solvency ranks better than 63% of 6537 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability32▼-26
Solvency70▲+2
Growth44=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity short (current ratio 0.78 against 0.75 in 2023; short-term debt: 54.7% and cash: 5.7% of total assets), and 55.5% 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.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
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 2024Solvency, return and age of the figures
Solvency
44.5%
Return on assets
0.5%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
43 d early
2022
55 d early
2021
5 d early
2020
5 d early
2019
1 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€348k▼ 15.5%
2019 · €411k
2018: €388k
2019: €411k
2018 → 2020
EBIT margin
5.5%▲ 2.2pp
2019 · 3.3%
2018: 2.4%
2019: 3.3%
2018 → 2020
Net result
€941▼ 87.2%
2023 · €7k
2018: €-2k
2019: €-3k
2020: €6k
2021: €8k
2022: €8k
2023: €7k
2018 → 2024
Working capital
€-23k▲ 15.5%
2023 · €-27k
2018: €11k
2019: €-82k
2020: €-69k
2021: €-57k
2022: €-42k
2023: €-27k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€348k-
Equity€58k-€66k▲ 14.5%€75k▲ 12.4%€82k▲ 9.9%€83k▲ 1.1%
Operating result€19k-€24k▲ 22.7%€19k▼ 19.8%€18k▼ 6.6%€9k▼ 47.9%
Net result€6k-€8k▲ 40.2%€8k▼ 1.9%€7k▼ 10.7%€941▼ 87.2%
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 48% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €186k
Fixed assets
€107k▼ 2.6%
Current assets
€79k▼ 1.5%
Equity and liabilities €186k
Equity
€83k▲ 1.1%
Debt
€103k▼ 4.7%
The debt ratio falls from 56.9% to 55.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€12k▼
2023 · €25k
Cash flow
€4k▼
2023 · €15k
Solvency
44.5%▲
2023 · 43.1%
Current ratio
0.78▲
2023 · 0.75
Quick ratio
0.17▲
2023 · 0.06
Debt / equity
1.25▼
2023 · 1.32
ROE
1.1%▼
2023 · 9.0%
ROA
0.5%▼
2023 · 3.9%
Interest coverage
1.56▼
2023 · 4.12
Debt
€103k▼
2023 · €108k
Debt ≤ 1 year
€102k▼
2023 · €107k
Income taxes
€2k▼
2023 · €6k
Staff costs
€100k▲
2023 · €94k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€190k€186k▼
Fixed assets21/28€110k€107k▼
Tangible fixed assets22/27€110k€107k▼
Land and buildings22€105k€103k▼
Other tangible fixed assets26€5k€4k▼
Financial fixed assets28€159€159=
Current assets29/58€80k€79k▼
Stocks and contracts in progress3€73k€62k▼
Stocks30/36€73k€62k▼
Amounts receivable within one year40/41€3k€5k▲
Trade receivables40€3k€468▼
Other amounts receivable41-€4k
Cash at bank and in hand54/58€4k€11k▲
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€190k€186k▼
Equity10/15€82k€83k▲
Contributions10/11€6k€6k=
Reserves13€72k€73k▲
Non-distributable reserves130/1€620€620=
Reserves not available under the articles1311€620€620=
Distributable reserves133€72k€73k▲
Profit (loss) carried forward14€3k€3k=
Amounts payable17/49€108k€103k▼
Amounts payable within one year42/48€107k€102k▼
Current portion of amounts payable after more than one year42€4k€14k▲
Financial debts43€44k€44k▲
Credit institutions430/8€44k€44k▲
Trade debts44€30k€21k▼
Suppliers440/4€30k€21k▼
Taxes, remuneration and social security45€23k€24k▲
Taxes450/3€2k€6k▲
Remuneration and social security454/9€21k€18k▼
Other amounts payable47/48€8k-
Accrued charges and deferred income492/3€1k€1k▲
Income statement
Code20232024
Remuneration, social security and pensions62€94k€100k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€3k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-5k€3k▲
Other operating charges640/8€3k€3k▲
Non-recurring operating charges66A€128€63▼
Gross operating margin9900€117k€118k▲
Operating profit (loss)9901€18k€9k▼
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€6k€8k▲
Recurring financial charges65€6k€8k▲
Profit (loss) for the period before taxes9903€13k€3k▼
Income taxes67/77€6k€2k▼
Profit (loss) for the period9904€7k€941▼
Profit (loss) for the period to be appropriated9905€7k€941▼
Appropriation of the result
Profit (loss) to be appropriated9906€11k€4k▼
Profit (loss) brought forward from the previous period14P€3k€3k=
Transfer to equity691/2€7k€941▼
To other reserves6921€7k€941▼
Social balance
Average headcount (FTE)90872.02.0=
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
06-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €8k ▲40.2%
Operating result €24k, net result €8k, both a record.
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €-3k
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
18-07
NBB filing
Annual accounts filed
fiscal year 2015 · full 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, La Hulpe · 2 establishment units since 1991
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.
Rue des Combattants 541310 La HulpeGround area
847 m²
Building footprint
164 m²
2 parcels, Wallonia. Linked by address, not a title deed.
2 establishment units
BAGHEERA
since 19912.051.896.428
Rue des Combattants 50, 1310 La Hulpe
since 19922.051.896.527
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25050B0420/00N000 | Wallonia | 496 m² | 1 · 59 m² | - |
| 25050B0419/00D000 | Wallonia | 351 m² | 1 · 105 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
ANNEBEL
BE 0448.022.511
Londerzeel · Eq €83k
GYA
BE 0644.762.364
Maasmechelen · Eq €83k
UNI-FASHION
BE 1020.513.541
Sint-Genesius-Rode · Eq €83k
BOUTIQUE ANNE FRANCQ
BE 0478.292.548
Binche · Eq €83k
NACHE NET
BE 0473.802.636
Anderlecht · Eq €83k
Of 6,503 companies in sector 47716 we hold annual accounts for 2,440. 1,910 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-01-1991
Fiscal year end31-12
Activities, NACEBEL
47711Retail sale of women's outerwear
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
52421
52423
Sources
Crossroads Bank for EnterprisesNational Bank · 34 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.