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FRAME SOLUTION

Active
Public limited companyfounded 2017active for 9 yearsChemin des Maréchaux 1, 1300 Wavre, BelgiumKBO/BCE: BE 0671.709.360

From the official registers: KBO 9 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of FRAME SOLUTION is 4.2% (elevated). The 2025 annual accounts show negative equity (-€187,310) and a net result of -€641. Equity remains stable across the filed financial years (±1% per year). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (10 days) Filed on 10 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00390393.

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
10-08-2026
Format
abbreviated format
Reference
2026-00390393
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€641▲ 52.2%
2024 · -€1,341
Working capital
-€187,310▼ 0.3%
2024 · -€186,670
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result stays negative: a loss of €487 in 2025 against €1,188 in 2024; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€487 2025 Net result-€641 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€2,295--€1,423▲ 38.0%-€2,035▼ 43.0%-€1,292▲ 36.5%-€2,422▼ 87.5%-€1,617▲ 33.2%-€1,188▲ 26.5%-€487▲ 59.0%
Net result-€2,295--€1,552▲ 32.4%-€2,174▼ 40.1%-€1,482▲ 31.8%-€2,575▼ 73.7%-€1,771▲ 31.2%-€1,341▲ 24.2%-€641▲ 52.2%
Equity-€175,775--€177,327▼ 0.9%-€179,501▼ 1.2%-€180,983▼ 0.8%-€183,558▼ 1.4%-€185,329▼ 1.0%-€186,670▼ 0.7%-€187,310▼ 0.3%
Total assets€17,855-€16,303▼ 8.7%€6,129▼ 62.4%€4,994▼ 18.5%€2,071▼ 58.5%€3,201▲ 54.5%€3,360▲ 5.0%€2,719▼ 19.1%
Debt€193,630-€193,630=€185,630▼ 4.1%€185,977▲ 0.2%€185,630▼ 0.2%€188,530▲ 1.6%€190,030▲ 0.8%€190,030=
Working capital-€175,775--€177,327▼ 0.9%-€179,501▼ 1.2%-€180,635▼ 0.6%-€183,558▼ 1.6%-€185,329▼ 1.0%-€186,670▼ 0.7%-€187,310▼ 0.3%
Key figures and ratios
2025 value · change against 2024
Debt ≤ 1 year
€190,030=
2024 · €190,030
Ratios withheld: a balance sheet total of €2,719 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,007 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 83.0% are still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
7.9% went bankrupt
8.4% stopped otherwise
83.0% still going

A further 0.8% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 4.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,007 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 25 lines

Source: Annual accounts 2025 at the NBB, filed with the National Bank on 10-08-2026.

Balance sheet Code20242025
Assets
Total assets20/58€3,360€2,719▼
Current assets29/58€3,360€2,719▼
Amounts receivable within one year40/41€1,028€1,028=
Trade receivables40€1,028€1,028=
Cash at bank and in hand54/58€2,332€1,691▼
Equity and liabilities
Total equity and liabilities10/49€3,360€2,719▼
Equity10/15-€186,670-€187,310▼
Contributions10/11€61,500€61,500=
Capital10€61,500€61,500=
Issued capital100€61,500€61,500=
Profit (loss) carried forward14-€248,170-€248,810▼
Amounts payable17/49€190,030€190,030=
Amounts payable within one year42/48€190,030€190,030=
Other amounts payable47/48€190,030€190,030=
Income statement Code20242025
Goods, raw materials, services and sundry goods60/61€778-
Other operating charges640/8€410€487▲
Gross operating margin9900-€778-
Operating profit (loss)9901-€1,188-€487▲
Financial charges65/66B€153€153=
Recurring financial charges65€153€153=
Profit (loss) for the period before taxes9903-€1,341-€641▲
Profit (loss) for the period9904-€1,341-€641▲
Profit (loss) for the period to be appropriated9905-€1,341-€641▲
Appropriation of the result
Profit (loss) to be appropriated9906-€248,170-€248,810▼
Profit (loss) brought forward from the previous period14P-€246,829-€248,170▼
Line20182019202020212022202320242025Change
Goods, raw materials, services and sundry goods60/61---€944€1,508€1,617€778--
Other operating charges640/8---€348€914-€410€487▲ 18.7%
Gross operating margin9900-€2,295--€1,688-€944-€1,508-€1,617-€778--
Operating profit (loss)9901-€2,295-€1,423-€2,035-€1,292-€2,422-€1,617-€1,188-€487▲ 59.0%
Financial charges65/66B---€191€153€153€153€153=
Recurring financial charges65€0€129€139€191€153€153€153€153=
Profit (loss) for the period before taxes9903-€2,295-€1,552-€2,174-€1,482-€2,575-€1,771-€1,341-€641▲ 52.2%
Profit (loss) for the period9904-€2,295-€1,552-€2,174-€1,482-€2,575-€1,771-€1,341-€641▲ 52.2%
Profit (loss) for the period to be appropriated9905-€2,295-€1,552-€2,174-€1,482-€2,575-€1,771-€1,341-€641▲ 52.2%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€17,855€16,303€6,129€4,994€2,071€3,201€3,360€2,719▼ 19.1%
Current assets29/58€17,855€16,303€6,129€4,994€2,071€3,201€3,360€2,719▼ 19.1%
Amounts receivable within one year40/41€14,757€14,157€1,367€1,317€1,028€1,028€1,028€1,028=
Trade receivables40---€1,028€1,028€1,028€1,028€1,028=
Other amounts receivable41---€289-----
Cash at bank and in hand54/58€3,098€2,146€4,762€3,677€1,044€2,173€2,332€1,691▼ 27.5%
Equity and liabilities
Total equity and liabilities10/49€17,855€16,303€6,129€4,994€2,071€3,201€3,360€2,719▼ 19.1%
Equity10/15-€175,775-€177,327-€179,501-€180,983-€183,558-€185,329-€186,670-€187,310▼ 0.3%
Contributions10/11€61,500€61,500€61,500€61,500€61,500€61,500€61,500€61,500=
Capital10---€61,500€61,500€61,500€61,500€61,500=
Issued capital100---€61,500€61,500€61,500€61,500€61,500=
Profit (loss) carried forward14-€237,275-€238,827-€241,001-€242,483-€245,058-€246,829-€248,170-€248,810▼ 0.3%
Amounts payable17/49€193,630€193,630€185,630€185,977€185,630€188,530€190,030€190,030=
Amounts payable within one year42/48€193,630€193,630€185,630€185,630€185,630€188,530€190,030€190,030=
Other amounts payable47/48---€185,630€185,630€188,530€190,030€190,030=
Accrued charges and deferred income492/3---€348-----
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€2,295-€1,552-€2,174-€1,482-€2,575-€1,771-€1,341-€641▲ 52.2%
Operating cash flow (approximation)-€2,295-€1,552-€2,174-€1,482-€2,575-€1,771-€1,341-€641▲ 52.2%
Change in cash--€952€2,616-€1,085-€2,633€1,129€159-€641-

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

Download as CSV

Filings with the National Bank (9)
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 10-08-2026 2026-00390393 NBB
31-12-2024 micro format 30-07-2025 2025-00331629 PDF
31-12-2023 micro format 30-07-2025 2025-00331596 PDF
31-12-2022 full format 30-10-2023 2023-00495912 PDF
31-12-2021 full format 18-07-2022 2022-20193322 PDF
31-12-2020 full format 15-10-2021 2021-71900453 PDF
31-12-2019 full format 14-08-2020 2020-41000379 PDF
31-12-2018 full format 30-09-2019 2019-68000022 PDF
31-12-2017 full format 29-09-2018 2018-68100582 PDF

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.