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Framax Construct

Active
Private limited companyfounded 20223 yrs activeSeringenstraat 22, 3620 Lanaken, BelgiumKBO/BCE: BE 0792.409.430
Summary

The computed 12-month bankruptcy probability of Framax Construct is 3.1% (moderate). The 2024 annual accounts show equity of €139,131 and a net result of €60,277. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability51▲+26
Solvency37▲+5
Growth78
Track record94
Bankruptcy probability, 12 months
3.1% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity short (current ratio 0.13 against 0.2 in 2023; short-term debt: 10.1% and cash: 1.3% of total assets), and 87.5% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 18-06-2025, 43 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
43 d early
2023
48 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 46 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 13 October 2022, Framax Construct was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€139,131▲ 76.4%
2023 · €78,854
Total assets
€1.1m▼ 0.4%
2023 · €1.1m
Net result
€60,277▲ 11.9%
2023 · €53,854
Working capital
-€98,419▼ 29.4%
2023 · -€76,057
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result-€6,531--€5,009▲ 23.3%
Net result€53,854-€60,277▲ 11.9%
Equity€78,854-€139,131▲ 76.4%
Total assets€1.1m-€1.1m▼ 0.4%
Debt€1.0m-€975,089▼ 6.2%
Working capital-€76,057--€98,419▼ 29.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000€60,000Operating result 2023: -€6,531-€6,531Net result 2023: €53,854€53,854Operating result 2024: -€5,009-€5,009Net result 2024: €60,277€60,27720232024-€20,000€0€20,000€40,000€60,000Operating result 2023: -€6,531-€6,530Net result 2023: €53,854€53,900Operating result 2024: -€5,009-€5,010Net result 2024: €60,277€60,30020232024
The operating result stays negative: a loss of €5,009 in 2024 against €6,531 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.1m
Fixed assets €1.1m =
Current assets €14,220 ▼ 23.4%
Equity and liabilities €1.1m
Equity €139,131 ▲ 76.4%
Debt €975,089 ▼ 6.2%
Debt's share of the balance-sheet total falls from 93.0% to 87.5%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
Current ratio
0.13▼
2023 · 0.20
Debt to equity
7.01▼
2023 · 13.19
ROE
43.3%▼
2023 · 68.3%
ROA
5.4%▲
2023 · 4.8%
Debt ≤ 1 year
€112,639▲
2023 · €94,623
Debt > 1 year
€862,450▼
2023 · €945,089
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 28 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.1m€1.1m▼
Fixed assets21/28€1.1m€1.1m=
Financial fixed assets28€1.1m€1.1m=
Current assets29/58€18,565€14,220▼
Cash at bank and in hand54/58€18,565€14,220▼
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.1m▼
Equity10/15€78,854€139,131▲
Contributions10/11€25,000€25,000=
Profit (loss) carried forward14€53,854€114,131▲
Amounts payable17/49€1.0m€975,089▼
Amounts payable after more than one year17€945,089€862,450▼
Financial debts170/4€945,089€862,450▼
Amounts payable within one year42/48€94,623€112,639▲
Current portion of amounts payable after more than one year42€79,623€82,639▲
Other amounts payable47/48€15,000€30,000▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,207-
Other operating charges640/8€62€62=
Gross operating margin9900-€3,262-€4,947▼
Operating profit (loss)9901-€6,531-€5,009▲
Financial income75/76B€100,000€100,000=
Recurring financial income75€100,000€100,000=
Financial charges65/66B€39,615€34,714▼
Recurring financial charges65€39,615€34,714▼
Profit (loss) for the period before taxes9903€53,854€60,277▲
Profit (loss) for the period9904€53,854€60,277▲
Profit (loss) for the period to be appropriated9905€53,854€60,277▲
Appropriation of the result
Profit (loss) to be appropriated9906€53,854€114,131▲
Profit (loss) brought forward from the previous period14P-€53,854

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,207--
Other operating charges640/8€62€62=
Gross operating margin9900-€3,262-€4,947▼ 51.7%
Operating profit (loss)9901-€6,531-€5,009▲ 23.3%
Financial income75/76B€100,000€100,000=
Recurring financial income75€100,000€100,000=
Financial charges65/66B€39,615€34,714▼ 12.4%
Recurring financial charges65€39,615€34,714▼ 12.4%
Profit (loss) for the period before taxes9903€53,854€60,277▲ 11.9%
Profit (loss) for the period9904€53,854€60,277▲ 11.9%
Profit (loss) for the period to be appropriated9905€53,854€60,277▲ 11.9%
Line20232024Change
Assets
Total assets20/58€1.1m€1.1m▼ 0.4%
Fixed assets21/28€1.1m€1.1m=
Financial fixed assets28€1.1m€1.1m=
Current assets29/58€18,565€14,220▼ 23.4%
Cash at bank and in hand54/58€18,565€14,220▼ 23.4%
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.1m▼ 0.4%
Equity10/15€78,854€139,131▲ 76.4%
Contributions10/11€25,000€25,000=
Profit (loss) carried forward14€53,854€114,131▲ 112%
Amounts payable17/49€1.0m€975,089▼ 6.2%
Amounts payable after more than one year17€945,089€862,450▼ 8.7%
Financial debts170/4€945,089€862,450▼ 8.7%
Amounts payable within one year42/48€94,623€112,639▲ 19.0%
Current portion of amounts payable after more than one year42€79,623€82,639▲ 3.8%
Other amounts payable47/48€15,000€30,000▲ 100%
Line20232024Change
Profit (loss) for the period9904€53,854€60,277▲ 11.9%
+ Depreciation and write-downs630€3,207--
Operating cash flow (approximation)€57,061€60,277▲ 5.6%
Investment in fixed assets (approximation)-€0-
Change in cash--€4,346-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
18-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Equity above €100,000Eq €139,131 ▲76.4%
2 profitable years in a row build equity to €139,131.
13-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Lanaken · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
764 m²
Building footprint
163 m²
Volume, LiDAR
728 m³
Parcel 73057A0310/00P009, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Framax Construct
Seringenstraat 22, 3620 LanakenHoldings
since 20222.336.730.988
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73057A0310/00P009 Flanders 764 m² 1 · 163 m² 7.3 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2024 list no shareholders, and no other source names one.

Holdings 1

According to the 2024 annual accounts of Framax Construct and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPrivate limited company
Founded13-10-2022
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.