FRAMES ARTS
The computed 12-month bankruptcy probability of FRAMES ARTS is 2.2% (moderate). The 2024 annual accounts show negative equity (€-19k) and a net result of €-23k. Its solvency ranks better than 5% of 3172 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-19k |
| Net result | €-23k |
| Staff (FTE) | 0.6 |
| Better than sector | 5% |
Mixed profile: strong on profitability, weaker on health.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -197.5% | 53.8% | |
| Net result | €-23k | €18k | |
| Equity | €-19k | €40k | |
| Gross operating margin | €-5k | €36k | |
| Staff costs | €13k | €22k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €-18k |
| Net profit | €-23k |
| Cash flow | €-22k |
| Staff costs | €13k |
| Income taxes | - |
| Dividends | - |
| Total assets | €9k |
| Equity | €-19k |
| Debt | €28k |
| of which ≤ 1y | €28k |
| of which > 1y | - |
| Working capital | €-20k |
| Employees (FTE) | 0.6 |
| 2024 | |
|---|---|
| Current ratio | 0.28 |
| Quick ratio | 0.28 |
| Working capital ratio | -213.4% |
| Solvency | -197.5% |
| Debt / equity | -1.51 |
| Long-term debt ratio | - |
| Interest coverage | -100.95 |
| Gross margin | - |
| Net margin | - |
| ROA | -242.1% |
| ROE | 122.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €9k |
| Fixed assets | 21/28 | €1k |
| Formation expenses | 20 | €414 |
| Tangible fixed assets | 22/27 | €1k |
| Current assets | 29/58 | €8k |
| Amounts receivable within one year | 40/41 | €1k |
| Cash & bank | 54/58 | €7k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €9k |
| Equity | 10/15 | €-19k |
| Contributions / capital | 10/11 | €3k |
| Accumulated profits (losses) | 14 | €-21k |
| Amounts payable | 17/49 | €28k |
| Amounts payable within one year | 42/48 | €28k |
| Trade debts payable within one year | 44 | €1k |
| Income statement | ||
| Gross operating margin | 9900 | €-5k |
| Operating result | 9901 | €-18k |
| Financial charges | 65 | €175 |
| Result before taxes | 9903 | €-23k |
| Net result for the period | 9904 | €-23k |
| Result to be appropriated | 9905 | €-23k |
| NACE primary | 82100 |
| Legal form | Private limited company(610) |
| Incorporation | 05-05-2022 |
| Status | Active |
| Postal code | 1740 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23086A0354/00N002 | Flanders | 259 m² | 1 · 73 m² | 9.9 m · 2 fl. |
| 52028E0868/00Z000 | Wallonia | 126 m² | 1 · 59 m² | 10.3 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
30-07-2025 2 resigning correction
- Sabbah lyad, Bestuurder
- Sabbah Naseem, Bestuurder
Technical details
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}29-05-2024 Transaction in capital or shares
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}20-10-2022 Transaction in capital or shares
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | FRAMES ARTS |