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FRAMO

Active Private limited companyfounded 2004active for 22 yearsSint-Truidersteenweg 104, 3540 Herk-de-StadKBO/BCE: BE 0864.969.586

Lifetime

20 annual accounts with figures on one time axis, 21 filings since 2005
peak €197,143 (2012)
€21,006▼ 26.9%
lowest -€93,966 (2011)
-€22,862▼ €8,063
peak €225,387 (2016)
-€81,334▼ €22,862
€226,708▼ 14.6%
Board2 names since 2020
1 director
Documentsfilings and deeds
08-07-202623 days before the deadline
2025micro format
Gross margin from €28,716 to €21,006Loss of €22,862Resignation: (director) 03-09Equity from -€58,472 to -€81,334Cash from €7,072 to €2,426

Key points

from the 2025 annual accounts

Equity

-€81,334
202020212022202320242025

Debts exceed assets in financial year 2025.

Losses

-€306,721 in nine years
20172018-51,571201920202021202220232024-22,8622025

Every financial year from 2017 to 2025 closed with a loss. 2019 was the heaviest.

Debts

€226,708 156% of the balance sheet
Suppliers 2%Taxes and wages 1%Other 98%

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,618 companies had the same profile as FRAMO has now. Each dot stands for 17 companies, two years later.

84.5%
were still trading
10.0%
stopped another way
4.5%
went bankrupt
  • Micro
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 1.0% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 6,618 companies, not a prediction for FRAMO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director, since 29-12-2020
Board & ownership

Recent changes

Resignation: (director) Director discharge: · General meeting of 30-06-2025 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0864969586
Changes of role: (director) and (director) “Het optreden als adviseur of consultant van particulieren,de bedrijfswereld en de overheid omvattende adviezen…” (deed in Dutch) · Director discharge: · Director discharge: · General meeting of 29-12-2020 · Gazette deed
Incorporation published on 06-05-2004 · Gazette deed
All 33 events

Official details

Source: KBO
Status
Active since 27-04-2004Normal situation
Activity
No activity registered in the KBO
Establishment unit
2.136.924.3513540 Herk-de-Stad, since 27-04-2004
Financial year end
31 December
Peppol
Reachable since 27-11-2024
Company details

Annual accounts 2025

≈ €160,000estimated
€145,374▼ 29.7%
Filing
Filed on 08-07-2026, 23 days before the end of the filing period
Financials

Insights on FRAMO

FRAMO files the micro format. That format states no turnover. The gross margin rose from €13,902 in 2006 to €21,006 in 2025.

The balance sheet grew most from 2007 to 2009 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about FRAMO

What is the company number of FRAMO?
The company number of FRAMO is 0864.969.586. The VAT number is the same number with BE in front: BE 0864.969.586.
Where is FRAMO based?
The registered office is at Sint-Truidersteenweg 104, 3540 Herk-de-Stad.Company details
What is the legal form of FRAMO?
FRAMO is a private limited company (BV).
When was FRAMO founded?
FRAMO was founded on 27-04-2004.
Is FRAMO still active?
Yes, FRAMO is an active enterprise in the KBO register.
What is the turnover of FRAMO?
The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €21,006 and 6,298 comparable companies of the same size. It probably lies between €73,000 and €380,000. It is a rough estimate.Financials
Is FRAMO profitable?
In financial year 2025, FRAMO made a loss of €22,862.
Where can I find the annual accounts of FRAMO?
FRAMO filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FRAMO due?
FRAMO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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