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FRAME 21 GROUP

Active
Private limited companyfounded 2017active for 8 yearsDiamantstraat (HRT) 8, 2200 Herentals, BelgiumKBO/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 has been shrinking by about 50% per year since 2018. Its solvency ranks better than 13% of 5,789 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 30-11-2017 Normal situation
Registered office
257 active companies are registered at this address 23 started in the 12 months before. Source: KBO register, as of 1 November 2026.
Activity
Buying and selling of own real estate NACE 68110and 1 other
Establishment unit
2.273.574.189 1930 Zaventem, since 30-11-2017
Financial year end
31 December
Peppol
Reachable since 10-12-2025

Board and ownership

Board
Auditor
BV VAN HAVERMAET BEDRIJFSREVISOREN
Shareholders
Holdings
Shares in 3 companies including FRAME 21 DIEGEM and Frame 21 NL

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Turnover
€33,000
▲ 83.3%
Operating revenue
€205,023
▼ 13.5%
Profit
€1,726
Equity
-€72,968
▲ 2.3%
Total assets
€9.5m
▼ 0.5%
  • Negative equity on 31-12-2025
Filed on 30-06-2026, 31 days before the deadline
Score breakdownraises 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 stronger than 34% of small companies in real estate (NACE 68)
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 within 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% (6,993 companies, NACE 68, small)
Last 24 months 12-2024: 0.3% 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 11-2026: 0.3%● unchanged vs 10-2026lowest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.99 (0.99 in 2024), below 1. Short-term debt is 100.8% and cash 1% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 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). It does better than 13% of them on solvency, 4% on liquidity, 46% on profitability and 73% on growth.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is 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 the company's 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 compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 5789 sector peers (2025).
NBB · sector comparison
Position among 5789 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

The company filed its last 7 accounts on average 22 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 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 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€72,968 View
  • Caution: Less equity than 89% of companies in real estatesector median €944,451 · 5,790 companies -€72,968 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View

Recent changes

  1. · Gazette deed Reappointment: VAN HAVERMAET Bedrijfsrevisoren BV (statutory auditor)Permanent representative: Amerik JANSEN
  2. · Gazette deed Permanent representatives: Amerik JANSEN and Anne KOSTER
  3. · Gazette deed Changes of role: Wim Heylen (bestuurder c) and Didier Clerx (class A director)
All 15 events

Companies linked to FRAME 21 GROUP

Comparable companies

These companies have the same main activity as FRAME 21 GROUP: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €2.8m and €6m, founded between 2014 and 2019.

CompanyTotal assetsTurnover
FRAME 21 GROUP Herentals€9.5m€0.03m
SAMIE INVEST Veurne€4.9m€0.05m
SAINT-HUBERT REAL ESTATE Oudergem€6.0m€0.2m
YUST Real Estate Antwerp Antwerpen€3.3m€0.1m
POUNK Jurbise€5.6m€0.007m
PRÉHISTOMUSEUM IMMO Flémalle€4.9m€0.1m
TERVURENLAAN REAL ESTATE Oudergem€2.8m€0.01m
Full comparison

Key facts about FRAME 21 GROUP

What is the company number of FRAME 21 GROUP?
The company number of FRAME 21 GROUP is 0685.498.901. The VAT number is the same 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?
The legal form of FRAME 21 GROUP is Private limited company (BV).
When was FRAME 21 GROUP founded?
FRAME 21 GROUP was 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?
The turnover of FRAME 21 GROUP was €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?
FRAME 21 GROUP must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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