Age13 yrs
Real estate1 parcel · 720 m²
Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of FRAMIC is 0.3% (very low). The 2024 annual accounts show equity of €20k and a net result of €7k. Equity is growing by ~38.7% per year across the filed fiscal years. The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 7 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone0.3%
Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector
−Long track record
−
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Filing behaviour
From the deposit records, complete market-wideDeadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 32 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not filed | - |
| 31-12-2024 | 31-07-2025 | 30-06-2025 | 31 d early | 2025-00220950 |
| 31-12-2023 | 31-07-2024 | 31-07-2024 | on the day | 2024-00314579 |
| 31-12-2022 | 31-07-2023 | 30-06-2023 | 31 d early | 2023-00178832 |
| 31-12-2021 | 31-07-2022 | 31-08-2022 | 31 d late | 2022-20423577 |
| 31-12-2020 | 31-07-2021 | 09-09-2021 | 40 d late | 2021-66700582 |
| 31-12-2019 | 31-07-2020 | 31-08-2020 | 31 d late | 2020-50600486 |
| 31-12-2018 | 31-07-2019 | 25-07-2019 | 6 d early | 2019-39100111 |
| 31-12-2017 | 31-07-2018 | 31-08-2018 | 31 d late | 2018-61400022 |
| 31-12-2016 | 31-07-2017 | 31-08-2017 | 31 d late | 2017-56100235 |
| 31-12-2015 | 31-07-2016 | 30-09-2016 | 61 d late | 2016-63900501 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsEstablished
Founded in 2013, 13 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€7k-49.3%
Working capital€-18k+15.7%
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 30-06-2025 with the NBB · fiscal year 2024 · micro
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~38.7%/year over 7 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
€35k
-18.7%
18-24
€7k
-49.3%
18-24
€26k
-21.7%
18-24
€373k
-3.8%
18-24
€20k
+60.6%
18-24
€-18k
+15.7%
18-24
€354k
-5.8%
18-24
€38k
+1.8%
18-24
Show 8 other metrics
€313k
-7.6%
18-24
0.53
+22.2%
18-24
0.53
+22.2%
18-24
5.2%
+66.9%
18-24
18.06
-41.4%
18-24
37.8%
-68.4%
18-24
2.0%
-47.3%
18-24
3.89
-11.0%
18-24
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €35k |
| Net profit | €7k |
| Cash flow | €26k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €373k |
| Equity | €20k |
| Debt | €354k |
| of which ≤ 1y | €38k |
| of which > 1y | €313k |
| Working capital | €-18k |
| Employees (FTE) | - |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 0.53 |
| Quick ratio | 0.53 |
| Working capital ratio | -4.7% |
| Solvency | 5.2% |
| Debt / equity | 18.06 |
| Long-term debt ratio | 15.97 |
| Interest coverage | 3.89 |
| Gross margin | - |
| Net margin | - |
| ROA | 2.0% |
| ROE | 37.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2024
Full annual accounts (21 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €373k |
| Fixed assets | 21/28 | €353k |
| Tangible fixed assets | 22/27 | €353k |
| Current assets | 29/58 | €20k |
| Amounts receivable within one year | 40/41 | €2k |
| Cash & bank | 54/58 | €18k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €373k |
| Equity | 10/15 | €20k |
| Contributions / capital | 10/11 | €20k |
| Accumulated profits (losses) | 14 | €-425 |
| Amounts payable | 17/49 | €354k |
| Amounts payable after one year | 17 | €313k |
| Amounts payable within one year | 42/48 | €38k |
| Trade debts payable within one year | 44 | €2k |
| Income statement | ||
| Gross operating margin | 9900 | €39k |
| Operating result | 9901 | €16k |
| Financial income | 75 | €5 |
| Financial charges | 65 | €9k |
| Result before taxes | 9903 | €7k |
| Net result for the period | 9904 | €7k |
| Result to be appropriated | 9905 | €7k |
This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2024 · computed43
/ 100
Weak
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Structure & network
Locations & real estate
Registered office
on the map · from the address registerEstablishment units
1 locationFRAMIC
since 20132.220.094.725
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area720 m²
Buildings1
Building footprint209 m²
Volume (LiDAR)804 m³
Tallest building8.1 m · ±1 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels 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.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35026B0517/00H002 | Flanders | 720 m² | 1 · 209 m² | 8.1 m · 1 fl. |
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
2 acts Company purpose
zowel in België als in het buitenland, voor eigen rekening, voor rekening van derden of in deelneming van derden: - Het voorzien in de supervisie, beheren, het raadgeven en controleren van filialen, het beheren en besturen van vennootschappen in de meest uitgebreide zin en het verlenen van allerlei managementdiensten op het gebied van organisatie, beheer, informatisering en opleiding, het geven van managementadviezen op het gebied van marketing, productie, financiën en administratief en commercieel beheer, controle van ondernemingen en organisaties en het uitwerken van organisatieprojecten in
Per act of 09-06-2026
Capital history · 1
09-06-2026
Capital conversion
Address history · 1
03-04-2025
v3.2
All acts · 2
updated 2 months ago
2026
09-06-2026 Notarial deed · General meeting · Incorporation · Capital conversion
- Filing: 2026-06-05 · FRAMIC
- Publication: 2026-06-09 · FRAMIC
- Notarial deed: 2026-05-29 · FRAMIC
- General meeting: 2026-05-29 · FRAMIC
- Incorporation: 2013-04-29 · FRAMIC
- Capital conversion · FRAMIC
- Reserve release · FRAMIC
- Statute amendment · FRAMIC
- Officer resignation: zaakvoerder · OPSTAELE Michael Marco
- Officer appointment: niet-statutair bestuurder · OPSTAELE Michael Marco
- Mandate term: onbepaalde duur · OPSTAELE Michael Marco
- Mandate compensation: onbezoldigd · OPSTAELE Michael Marco
- Officer discharge · OPSTAELE Michael Marco
- Association membership: enige aandeelhouder · OPSTAELE Michael Marco
- Power of attorney: bijzondere gevolmachtigde met macht van indeplaatsstelling · FRAMIC
- Power of attorney: machten om de gecoördineerde tekst van de statuten van de vennootschap op te stellen, te ondertekenen en neer te leggen · FRAMIC
- Power of attorney: bestuursorgaan · FRAMIC
- Annual meeting schedule: derde donderdag van de maand juni, om 20 uur · FRAMIC
- First fiscal year: 01-01 · FRAMIC
- Representation rule: Iedere bestuurder vertegenwoordigt de vennootschap jegens derden en in rechte als eiser of als verweerder. · FRAMIC
- Governance rule: Indien de vennootschap door meer dan één bestuurder wordt bestuurd, mag iedere bestuurder, alleen optredend, alle handelingen stellen die nodig of nuttig zijn voor de verwezenlijking van het voorwerp van de vennootschap · FRAMIC
- Purpose: zowel in België als in het buitenland, voor eigen rekening, voor rekening van derden of in deelneming van derden: - Het voorzien in de supervisie, beheren, het raadgeven en controleren van filialen, het beheren en besturen van vennootschappen in de meest uitgebreide zin en het verlenen van allerlei managementdiensten op het gebied van organisatie, beheer, informatisering en opleiding, het geven van managementadviezen op het gebied van marketing, productie, financiën en administratief en commercieel beheer, controle van ondernemingen en organisaties en het uitwerken van organisatieprojecten in
- Act object: WIJZIGING RECHTSVORM, STATUTEN (VERTALING,
Summary:
Notarial deed · General meeting · Incorporation · Capital conversionNotary:
Thibauld POLFLIET
2025
03-04-2025 Registered office moved from Bredene to Oostende
- Brugsesteenweg 47, 8450 Bredene → Kapittelstraat 44, 8400 Oostende
Summary:
v3.2
Analysis
Financial profile
5 of 5 axes measured65
/ 100
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Health
43
Profitability
100
Solvency
4
Growth
78
Stability
100
Credit advice
verdict per customer and amountSimilar
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We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. We hold annual accounts for 1,151 of the 9,100 companies in this sector.
Company registry
Company registry (CBE)
Crossroads BankActivities
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen68201Holdings64200Activiteiten van holdings64210Handel in eigen onroerend goed68110Verhuur en exploitatie van terreinen68204Verhuur en lease van andere machines en werktuigen en andere materiële goederen77399Overige zakelijke dienstverlening, neg82990
Primary activity highlighted.
Names & trade names
| Legal nameNL | FRAMIC |
Registered office
Kapittelstraat 44
8400 Oostende, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.