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FRAMES

Active Private limited company (pre-2019)founded 2018active for 8 yearsTwaalfapostelenstraat 8, 9051 GhentKBO/BCE: BE 0688.555.983
FRAMES
Financial year 2025
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Annual accounts 2025

micro format, filed on 14-04-2026, 16 days before the deadline
€8,037
▲ €24,145
-€1,220
▲ €64,219
-€1,655
▲ €66,420
-€114,741
▲ €5,497
-66.1%
▼ 5.4 percentage points
0.49
▲ 0.01

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €23,000. Estimated: probably between €17,000 and €48,000.

Balance sheet

balance sheet total €135,946 on 30-09-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

-66.1%

Higher than 11% of 1,847 companies in 2025.

0.49

Higher than 26% of 1,759 companies in 2025.

-1.2%

Higher than 32% of 1,776 companies in 2025.

FRAMES Middle half of the sector 80% of the sector Micro accounts in rental and leasing (NACE 77)

Net result: middle half · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter

Staff

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019
Balance sheet: assets
20/58 135,946145,255166,392158,947187,879147,803160,490
21/28 25,11531,96856,97882,738100,005116,185132,728
22/27 20,61427,46752,47778,01495,505116,185132,728
23 1,4053,59221,53639,48052,15866,588120,738
24 -02,3984,7967,1949,59211,990
26 19,20923,87628,54333,73836,15340,005-
28 4,5014,5014,5014,7244,500--
29/58 110,831113,287109,41476,20987,87431,61827,762
3 -----3,6367,424
30/36 -----3,6367,424
40/41 96,62399,11798,12070,76374,6476,6876,759
40 96,62398,94198,12070,76374,6476,6876,759
41 0175-----
54/58 13,45714,05711,1794,23611,98520,63413,579
490/1 7521141151,2111,242661-
Balance sheet: equity and liabilities
10/49 135,946145,255166,392158,947187,879147,803160,490
10/15 -89,925-88,270-20,195-23,822521-3,8956,035
10/11 12,50012,50012,50012,50012,50012,50012,500
100 ------12,500
14 -102,425-100,770-32,695-36,322-11,979-16,395-6,465
17/49 225,871233,525186,587182,770187,358151,698154,455
17 --02,89714,39925,76433,267
170/4 --02,89714,39925,76433,267
42/48 225,572233,525186,587179,873167,709120,351121,188
42 -02,89711,50211,36610,30111,143
44 9,95012,64619,60121,49031,9766,5378,429
440/4 9,95012,64619,60121,49031,9766,5378,429
45 5,0768,17220,6405,8856,5614,891883
450/3 5,0767,80017,6192,5436,5614,891883
454/9 03713,0213,343---
47/48 210,546212,708143,449140,996117,80698,621100,733
492/3 299--05,2505,583-
Income statement
76A -0107----
9900 8,037-16,10852,9938,13130,35514,024-4,885
62 1,51319,58522,0997,041---
630 6,85325,00925,00924,73823,67422,590-
640/8 8914,738985219394277154
9901 -1,220-65,4394,900-23,8686,286-8,843-5,039
75/76B 1570215451519-
75 1570215451519-
65/66B 4362,6921,2736902,3221,6051,426
65 4362,6921,2736902,3221,6051,426
9903 -1,655-68,0743,627-24,3434,416-9,930-6,465
9904 -1,655-68,0743,627-24,3434,416-9,930-6,465
9905 -1,655-68,0743,627-24,3434,416-9,930-6,465
Appropriation of the result
9906 -102,425-100,770-32,695-36,322-11,979-16,395-6,465
14P -100,770-32,695-36,322-11,979---
Social balance sheet
9087 00.51----
Hours worked1013 -7871,434----
Document PDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 14-04-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
30-09-2025 micro format 14-04-2026 2026-00079064 PDF
30-09-2024 micro format 29-04-2025 2025-00079781 PDF
30-09-2023 micro format 26-04-2024 2024-00070250 PDF
30-09-2022 micro format 22-05-2023 2023-00090772 PDF
30-09-2021 micro format 31-03-2022 2022-09300340 PDF
30-09-2020 micro format 30-04-2021 2021-12000114 PDF
30-09-2019 micro format 22-01-2021 2021-01400378 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019
5,633-40,43029,90987029,96013,747-
5,198-43,06528,63739528,09012,660-
0017,4718,8306,047132,728
-6002,8786,943-7,750-8,6497,055-
-114,741-120,238-77,173-103,664-79,835-88,733-93,426
-66.1%-60.8%-12.1%-15.0%0.3%-2.6%3.8%
0.490.490.590.420.520.260.23
0.490.490.590.420.520.230.17
------25.59
-------107.1%
-1.2%-46.9%2.2%-15.3%2.4%-6.7%-4.0%
12.93-15.0223.501.26---

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item30-09-202430-09-2023
Employees at the balance-sheet date-1
full-time-0
part-time-1
in full-time equivalents-0.8
0.40.8
On a permanent contract-1
Joined0-
Left1-

Source: social balance sheet in the 2023 to 2024 annual accounts

Investments

fixed assets acquired
Item30-09-202530-09-202430-09-202330-09-2022
Tangible fixed assets---€7,247
Financial fixed assets--€1€224
€6,853€25,009€25,009€24,738

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on FRAMES

The operating result for 2025 is a loss of €1,220, smaller than the loss of €65,439 in 2024.

Equity is negative. Debt (€225,871) exceeds the balance-sheet total (€135,946).

Next steps

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