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FRAME 21 GROUP

Active
Private limited companyfounded 2017active for 8 yearsDiamantstraat (HRT) 8, 2200 Herentals, Belgium257 active companies are registered at this addressKBO/BCE: BE 0685.498.901
Summary

FRAME 21 GROUP has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€72,968) and a net result of €1,726, of which €5,740 non-recurring income. Equity is shrinking by about 50% per year across the filed financial years. Its solvency ranks better than 13% of 5,776 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisFollow ReportCompare
FRAME 21 GROUPActiveChecked score 54/100
Risk analysis ReportCompare

Overview

Activity
Buying and selling of own real estate
NACE 68110
1 site
Size
€205,023operating revenue 2025
Equity
-€72,968
Profit
€1,726
Financial health
54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Parent
HASTINGS & CORNWALL · 100%
Holdings
3
Auditor: BV VAN HAVERMAET BEDRIJFSREVISOREN2025 accounts 31 days early3 of 8 deeds summarised
Why 54raises riskCapped at 59: negative equityNegative equity -€72,968Liquidity: current ratio 0.99, cash €94,363lowers riskSize: turnover €33,000, total assets €9.5mSector: Real estate activities (NACE 68)Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 34% of its sector peers (NACE 68, small)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 24=
equity -0.8% of total assets
Liquidity 1+1
short-term debt 100.8% · cash 1.0%
Profitability 46+34
return on assets 0.0%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,986 companies, NACE 68, small)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.4%▲ +0.1 percentage points vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.5%▲ +0.1 percentage points vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.1 percentage points vs 07-2026 09-2026: 0.8%▲ +0.2 percentage points vs 08-2026highest value 10-2026: 0.3%▼ -0.5 percentage points vs 09-2026lowest value
No credit on open account
Liquidity insufficient (current ratio 0.99, compared with 0.99 in 2024, below 1; short-term debt: 100.8% and cash: 1% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small): better than 13% on solvency, 4% on liquidity, 46% on profitability and 73% on growth.

The bankruptcy probability was computed on 28-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: turnover €33,000, total assets €9.5m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Negative equity -€72,968
NBB · annual accounts
raises risk · Liquidity: current ratio 0.99, cash €94,363
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 5776 sector peers (2025).
NBB · sector comparison
Position among 5776 sector peers
Solvency
better than 13%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
31 days early
2024
15 days early
2023
16 days early
2022
27 days early
2021
23 days early
2020
23 days early
2019
21 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 22 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 8 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
29-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Back to profitnet €1,726
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€72,968 View
  • Caution: Among the weakest 11% on equitysector median €946,080 · 5,777 companies -€72,968 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Controlled by HASTINGS & CORNWALLultimately: GRUPPO XXI 100% View

By topic

Financials

Financial year
2025
Turnover
€33,000
Profit
€1,726
Solvency
-0.8%
Turnover▲ 83.3%
Net result
20182025
Go to Financials

Board & ownership

Board
2 members
Parent
HASTINGS & CORNWALL · 100%
Auditor
BV VAN HAVERMAET BEDRIJFSREVISOREN
  • Didier ClerxDirector
  • Wim HeylenDirector
Go to Board & ownership

Timeline

Events
13
Since
2019
Next accounts
by 31-07-2027
  1. 29-10-2024Reappointment: VAN HAVERMAET Bedrijfsrevisoren BV (statutory auditor)
  2. 15-07-2024Annual accounts filed
  3. 04-07-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Buying and selling of own real estateNACE 68110
Founded
30-11-2017
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about FRAME 21 GROUP

What is the company number of FRAME 21 GROUP?
0685.498.901. In Belgium the VAT number is the company number with BE in front: BE 0685.498.901.
Where is FRAME 21 GROUP based?
The registered office is at Diamantstraat (HRT) 8, 2200 Herentals.Company details
What does FRAME 21 GROUP do?
According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
What is the legal form of FRAME 21 GROUP?
Private limited company (BV).
When was FRAME 21 GROUP founded?
On 30-11-2017.
Is FRAME 21 GROUP still active?
Yes, FRAME 21 GROUP is an active enterprise in the KBO register.
What is the turnover of FRAME 21 GROUP?
€33,000 in financial year 2025, according to the filed annual accounts.Financials
Is FRAME 21 GROUP profitable?
In financial year 2025, FRAME 21 GROUP made a profit of €1,726.
Where can I find the annual accounts of FRAME 21 GROUP?
FRAME 21 GROUP filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FRAME 21 GROUP due?
By 31-07-2027, for financial year 2026.Timeline

Companies related to FRAME 21 GROUP

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