FRAMES PRODUCT
ActiveSummary
FRAMES PRODUCT has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31,150 and a net result of €3,970. Equity is growing by ~37.6% per year across the filed fiscal years. Its solvency ranks better than 83% of 276 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability81▲+8
Solvency100▲+2
Growth65=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity ample (current ratio 3.63 against 2.84 in 2024; short-term debt: 21.9% of total assets), and 21.9% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
78.1%
Return on assets
9.9%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 16
Relative position
BE, all sectors
reference
Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)
about 8% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
143 d late
2022
61 d late
2021
31 d late
2020
144 d late
2019
28 d late
← 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 67 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
In the rankings
#5 oldest company in Walloon Brabant, Wood and cork sector
Turnover
€18,755▼ 7.0%
2023 · €20,163
EBIT margin
4.2%▼ 0.1pp
2023 · 4.3%
Net result
€3,970▲ 2,393%
2024 · €159
Working capital
€22,983▲ 26.9%
2024 · €18,104
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€47,161▲ 78.7%€56,808▲ 20.5%€20,163▼ 64.5%€18,755▼ 7.0%
Operating result€12,446▲ 2,226%€23,489▲ 88.7%€872▼ 96.3%€786▼ 9.9%€5,901▲ 651%
Net result€12,339▲ 6,360%€20,270▲ 64.3%€310▼ 98.5%€159▼ 48.7%€3,970▲ 2,393%
EBIT margin26.4%▲ 24.4pp41.3%▲ 15.0pp4.3%▼ 37.0pp4.2%▼ 0.1pp
Equity€6,441€26,710▲ 315%€27,021▲ 1.2%€27,180▲ 0.6%€31,150▲ 14.6%
Total assets€74,363▼ 4.9%€61,667▼ 17.1%€52,960▼ 14.1%€37,022▼ 30.1%€39,898▲ 7.8%
Debt€67,922▼ 19.3%€34,957▼ 48.5%€25,939▼ 25.8%€9,841▼ 62.1%€8,748▼ 11.1%
Working capital-€12,777▲ 63.7%€12,360€15,585▲ 26.1%€18,104▲ 16.2%€22,983▲ 26.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 651% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €39,898
Fixed assets
€8,167 ▼ 10.0%
Current assets
€31,731 ▲ 13.5%
Equity and liabilities €39,898
Equity
€31,150 ▲ 14.6%
Debt
€8,748 ▼ 11.1%
Debt's share of the balance-sheet total falls from 26.6% to 21.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€6,810▲
2024 · €3,145
Cash flow
€4,879▲
2024 · €2,518
Current ratio
3.63▲
2024 · 2.84
Debt to equity
0.28▼
2024 · 0.36
ROE
12.7%▲
2024 · 0.6%
ROA
9.9%▲
2024 · 0.4%
Interest coverage
13.92▲
2024 · 5.53
Debt ≤ 1 year
€8,748▼
2024 · €9,841
Income taxes
€1,445▲
2024 · €60
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €47,161 | €56,808 | €20,163 | €18,755 | - | - |
| Goods, raw materials, services and sundry goods60/61 | €24,623 | €28,104 | €15,397 | €15,223 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,093 | €4,868 | €2,915 | €2,359 | €909 | ▼ 61.5% |
| Other operating charges640/8 | - | €348 | €979 | €387 | €400 | ▲ 3.2% |
| Gross operating margin9900 | €22,539 | €28,704 | €4,766 | €3,532 | €7,210 | ▲ 104% |
| Operating profit (loss)9901 | €12,446 | €23,489 | €872 | €786 | €5,901 | ▲ 651% |
| Financial income75/76B | €337 | - | - | €1 | €3 | ▲ 96.6% |
| Recurring financial income75 | €337 | - | - | €1 | €3 | ▲ 96.6% |
| Financial charges65/66B | €444 | €542 | €448 | €568 | €489 | ▼ 13.9% |
| Recurring financial charges65 | €444 | €542 | €448 | €568 | €489 | ▼ 13.9% |
| Profit (loss) for the period before taxes9903 | €12,339 | €22,948 | €423 | €219 | €5,415 | ▲ 2,374% |
| Income taxes67/77 | - | €2,678 | €113 | €60 | €1,445 | ▲ 2,322% |
| Profit (loss) for the period9904 | €12,339 | €20,270 | €310 | €159 | €3,970 | ▲ 2,393% |
| Profit (loss) for the period to be appropriated9905 | €12,339 | €20,270 | €310 | €159 | €3,970 | ▲ 2,393% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €74,363 | €61,667 | €52,960 | €37,022 | €39,898 | ▲ 7.8% |
| Fixed assets21/28 | €19,218 | €14,350 | €11,435 | €9,076 | €8,167 | ▼ 10.0% |
| Tangible fixed assets22/27 | €18,953 | €14,085 | €11,170 | €8,811 | €7,902 | ▼ 10.3% |
| Land and buildings22 | €18,953 | €14,085 | €11,170 | €8,811 | €7,902 | ▼ 10.3% |
| Financial fixed assets28 | €265 | €265 | €265 | €265 | €265 | = |
| Current assets29/58 | €55,145 | €47,317 | €41,524 | €27,945 | €31,731 | ▲ 13.5% |
| Stocks and contracts in progress3 | €11,984 | €4,097 | €1,097 | - | - | - |
| Stocks30/36 | €11,984 | €4,097 | €1,097 | - | - | - |
| Amounts receivable within one year40/41 | €43,161 | €42,343 | €39,005 | €27,945 | €31,731 | ▲ 13.5% |
| Trade receivables40 | €42,546 | €42,193 | €38,782 | €25,025 | €29,490 | ▲ 17.8% |
| Other amounts receivable41 | €615 | €151 | €224 | €2,921 | €2,241 | ▼ 23.3% |
| Cash at bank and in hand54/58 | - | €877 | €1,422 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €74,363 | €61,667 | €52,960 | €37,022 | €39,898 | ▲ 7.8% |
| Equity10/15 | €6,441 | €26,710 | €27,021 | €27,180 | €31,150 | ▲ 14.6% |
| Contributions10/11 | €79,704 | €79,704 | €79,704 | €79,704 | €79,704 | = |
| Capital10 | €79,704 | €79,704 | €79,704 | €79,704 | €79,704 | = |
| Issued capital100 | €79,704 | €79,704 | €79,704 | €79,704 | €79,704 | = |
| Reserves13 | €7,970 | €7,970 | €7,970 | €7,970 | €7,970 | = |
| Non-distributable reserves130/1 | €7,970 | €7,970 | €7,970 | €7,970 | €7,970 | = |
| Legal reserve130 | €7,970 | €7,970 | €7,970 | €7,970 | €7,970 | = |
| Profit (loss) carried forward14 | -€81,233 | -€60,964 | -€60,653 | -€60,494 | -€56,524 | ▲ 6.6% |
| Amounts payable17/49 | €67,922 | €34,957 | €25,939 | €9,841 | €8,748 | ▼ 11.1% |
| Amounts payable within one year42/48 | €67,922 | €34,957 | €25,939 | €9,841 | €8,748 | ▼ 11.1% |
| Financial debts43 | €1,886 | - | - | €3,061 | €901 | ▼ 70.6% |
| Credit institutions430/8 | €1,886 | - | - | €3,061 | €901 | ▼ 70.6% |
| Trade debts44 | €917 | €1,696 | €4,193 | €2,360 | €920 | ▼ 61.0% |
| Suppliers440/4 | €917 | €1,696 | €4,193 | €2,360 | €920 | ▼ 61.0% |
| Taxes, remuneration and social security45 | - | €2,951 | €566 | €4,420 | €4,030 | ▼ 8.8% |
| Taxes450/3 | - | €2,951 | €566 | €4,420 | €4,030 | ▼ 8.8% |
| Other amounts payable47/48 | €65,119 | €30,310 | €21,180 | - | €2,898 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,339 | €20,270 | €310 | €159 | €3,970 | ▲ 2,393% |
| + Depreciation and write-downs630 | €10,093 | €4,868 | €2,915 | €2,359 | €909 | ▼ 61.5% |
| Operating cash flow (approximation) | €22,432 | €25,137 | €3,225 | €2,518 | €4,879 | ▲ 93.7% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | - | €545 | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
21-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 143 days late
2023
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
31-12
Financial
Highest result since 2018net €20,270 ▲64.3%
Operating result €23,489, net result €20,270, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
22-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 144 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
31-12
Financial
Back to profitnet €50
Net result €50 after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Villers-la-Ville · 1 establishment unit since 1996
Ground area
3,211 m²
Building footprint
395 m²
Volume, LiDAR
1,921 m³
2 parcels, Wallonia · tallest building 9.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Chaussée de Namur 116, 1495 Villers-la-Ville
since 19962.032.592.042
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25098G0014/00G000 | Wallonia | 2,884 m² | 1 · 251 m² | 5.8 m · 1 fl. |
| 25098G0008/00L000 | Wallonia | 328 m² | 1 · 144 m² | 9.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Kemps Elektrotechniek
BE 1002.358.210
Aarschot · Eq €34,054
Moss Projects
BE 1003.590.803
Antwerpen · Eq €34,090
CADRE SERVICE
BE 0752.755.038
Ans · Eq €34,161
encadrement truffino
BE 0897.595.240
Jodoigne · Eq €27,000
NEW ART CADRE
BE 0471.399.016
Jette · Eq €23,588
Of 764 companies in sector 16281 we hold annual accounts for 159. 92 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded18-12-1987
Fiscal year end31-12
Activities, NACEBEL 2025
16281Manufacture of other wood products
46180Agents specialised in the wholesale of other particular products
47789Other retail sale of new goods
Scores and ratios are computed by Checked and are not a credit decision.