Framo
ActiveThe annual accounts of Framo for fiscal year 2025 show a net loss of 132% of total assets and of 77% of the equity at the start of that year. The 2025 annual accounts show equity of €5k and a net result of €-18k. Equity is growing by ~10.7% per year across the filed fiscal years. Its solvency ranks better than 48% of 543 sector peers (fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
47
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency65▼-24
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 1.65 against 2.73 in 2024; short-term debt: 59.6% of total assets), but 59.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
40.4%
Return on assets
-132.5%
Age of the figures
15 mo
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
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
Sector 16
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
192122232425
2019 to 2025 · latest year €-18k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-01-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
28 d late
2023
29 d late
2022
6 d early
2021
33 d early
2020
3 d early
2019
40 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close23-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€5k▼ 76.7%
2024 · €23k
2019: €12k
2021: €17k
2022: €25k
2023: €29k
2024: €23k
2019 → 2025
Total assets
€13k▼ 63.1%
2024 · €36k
2019: €23k
2021: €24k
2022: €32k
2023: €36k
2024: €36k
2019 → 2025
Net result
€-18k▼ 230%
2024 · €-5k
2019: €-11k
2021: €1k
2022: €8k
2023: €4k
2024: €-5k
2019 → 2025
Working capital
€5k▼ 77.3%
2024 · €23k
2019: €7k
2021: €16k
2022: €24k
2023: €28k
2024: €23k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€17k-€25k▲ 47.5%€29k▲ 15.4%€23k▼ 18.9%€5k▼ 76.7%
Operating result€2k-€12k▲ 493%€6k▼ 48.5%€-7k€-13k▼ 87.5%
Net result€1k-€8k▲ 505%€4k▼ 52.2%€-5k€-18k▼ 230%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €13k in 2025 against €7k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €13k
Fixed assets
€250▼ 39.2%
Current assets
€13k▼ 63.4%
Equity and liabilities €13k
Equity
€5k▼ 76.7%
Debt
€8k▼ 39.3%
The debt ratio rises from 36.3% to 59.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-12k▼
2024 · €-6k
Cash flow
€-18k▼
2024 · €-5k
Solvency
40.4%▼
2024 · 63.7%
Current ratio
1.65▼
2024 · 2.73
Quick ratio
1.65▼
2024 · 2.73
Debt / equity
1.48▲
2024 · 0.57
ROE
-328.3%▼
2024 · -23.3%
ROA
-132.5%▼
2024 · -14.8%
Interest coverage
-2.19▼
2024 · -2.06
Debt
€8k▼
2024 · €13k
Debt ≤ 1 year
€8k▼
2024 · €13k
Income taxes
€315▲
2024 · €196
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€36k€13k▼
Fixed assets21/28€411€250▼
Tangible fixed assets22/27€411€250▼
Furniture and vehicles24€411€250▼
Current assets29/58€36k€13k▼
Amounts receivable within one year40/41€26k€10k▼
Trade receivables40€4k€2k▼
Other amounts receivable41€22k€8k▼
Deferred charges and accrued income490/1€10k€3k▼
Equity and liabilities
Total equity and liabilities10/49€36k€13k▼
Equity10/15€23k€5k▼
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€15k€-3k▼
Amounts payable17/49€13k€8k▼
Amounts payable within one year42/48€13k€8k▼
Financial debts43€2k€2k▲
Credit institutions430/8€2k€2k▲
Trade debts44€1k€5k▲
Suppliers440/4€1k€5k▲
Taxes, remuneration and social security45€9k€996▼
Taxes450/3€7k€996▼
Remuneration and social security454/9€2k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€268€161▼
Other operating charges640/8€218€870▲
Gross operating margin9900€-6k€-12k▼
Operating profit (loss)9901€-7k€-13k▼
Financial income75/76B€5k€794▼
Recurring financial income75€86€794▲
Non-recurring financial income76B€5k-
Financial charges65/66B€3k€6k▲
Recurring financial charges65€3k€6k▲
Profit (loss) for the period before taxes9903€-5k€-17k▼
Income taxes67/77€196€315▲
Profit (loss) for the period9904€-5k€-18k▼
Profit (loss) for the period to be appropriated9905€-5k€-18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€15k€-3k▼
Profit (loss) brought forward from the previous period14P€21k€15k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet €-18k
Net result drops to €-18k, the lowest in the series.
28-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
29-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
25-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Highest result since 2019net €8k ▲505%
Operating result €12k, net result €8k, both a record.
2021
29-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
22-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
19-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
15-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
15-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Zonhoven · 1 establishment unit since 2013
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Manerikweg 113520 ZonhovenGround area
1,086 m²
Building footprint
181 m²
Parcel 71442D0107/00K003, Flanders. Linked by address, not a title deed.
1 establishment unit
Framo BVBA
since 20132.222.948.406
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71442D0107/00K003 | Flanders | 1,086 m² | 1 · 181 m² | - |
Linked by address, not proof of ownership
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.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 565 EUR awarded · 565 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 148 EUR | 148 EUR |
| 2023 | 1 | 222 EUR | 222 EUR |
| 2022 | 1 | 195 EUR | 195 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,599 companies in sector 16230 we hold annual accounts for 783. 231 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded10-10-2013
Fiscal year end30-06
Activities, NACEBEL
16230Manufacture of other builders' carpentry and joinery
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.