MIC FRAMES

Active Private limited companyfounded 1988active for 38 yearsWijngaardveld 19, 9300 AalstKBO/BCE: BE 0433.836.953

MIC FRAMES

Financial year 2025

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Annual accounts 2025

abbreviated format, filed on 31-08-2026, 31 days late

€704,419

▼ 22.0%

€250,204

▼ 25.7%

€247,610

▼ 21.9%

€338,127

▲ 5.4%

25.0%

▼ 0.9 percentage points

1.30

▼ 0.01

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €1.7m. Estimated: probably between €1.0m and €2.8m.

Balance sheet

balance sheet total €1.5m on 31-12-2025

What the company ownsHow it is paid for

in euro

Position in the sector

Compare with sector

25.0%

Higher than 30% of 370 companies in 2025.

1.30

Higher than 33% of 368 companies in 2025.

16.6%

Higher than 90% of 369 companies in 2025.

MIC FRAMES Middle half of the sector 80% of the sector Abbreviated accounts in wood and cork (NACE 16)

Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: middle half

Staff

€43,042

Staff costs divided by the average number of full-time equivalents.

-3 people

people who joined people who left

In 2025, 1 person joined and 4 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	202118 months	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Balance sheet: assets
`20/58`	1.5m	1.4m	1.3m	1.2m	994,295	327,288	346,064	371,775	378,835	483,952	540,765	470,669	466,720	447,969	469,518	506,946	495,635	474,663	421,620
`21/28`	33,209	32,885	41,539	62,061	22,837	15,839	21,036	2,548	4,848	7,148	9,448	248	248	248	248	248	3,723	7,329	10,935
`22/27`	32,961	32,637	41,292	61,813	22,589	15,591	20,788	2,300	4,600	6,900	9,200	-	-	-	-	-	3,475	7,081	10,687
`23`	21,012	14,664	17,294	31,736	22,279	15,591	20,788	2,300	4,600	6,900	9,200	-	-	-	-	-	3,475	7,081	10,687
`24`	11,949	17,973	23,997	30,077	310	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`28`	248	248	248	248	248	248	248	248	248	248	248	248	248	248	248	248	248	248	248
`29/58`	1.5m	1.3m	1.2m	1.2m	971,458	311,449	325,028	369,227	373,987	476,804	531,317	470,421	466,473	447,721	469,270	506,698	491,912	467,334	410,685
`29`	745,771	725,693	767,705	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`291`	745,771	725,693	767,705	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`3`	76,144	76,144	75,390	79,181	102,486	67,709	144,548	249,146	293,666	312,229	328,799	337,009	352,795	362,661	362,002	366,513	361,396	358,407	319,905
`30/36`	76,144	76,144	75,390	79,181	102,486	67,709	144,548	249,146	293,666	312,229	328,799	337,009	352,795	362,661	362,002	366,513	361,396	358,407	319,905
`40/41`	114,118	68,593	79,538	808,650	406,495	235,223	177,583	115,391	76,845	162,057	202,200	133,412	113,678	85,060	107,268	140,186	127,885	100,362	89,637
`40`	34,491	51,048	13,943	15,048	63,144	35,695	-	106,408	75,122	160,333	200,477	131,688	111,954	83,337	105,545	138,462	120,317	92,794	85,031
`41`	79,627	17,545	65,594	793,602	343,351	199,528	177,583	8,983	1,723	1,723	1,723	1,723	1,723	1,723	1,723	1,723	7,568	7,568	4,605
`54/58`	518,011	464,535	325,154	276,103	462,477	8,517	2,897	4,690	3,476	2,518	319	-	-	-	-	-	1,099	8,565	1,144
`490/1`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,532	-	-
Balance sheet: equity and liabilities
`10/49`	1.5m	1.4m	1.3m	1.2m	994,295	327,288	346,064	371,775	378,835	483,952	540,765	470,669	466,720	447,969	469,518	506,946	495,635	474,663	421,620
`10/15`	371,336	353,726	286,823	233,534	152,275	35,568	43,849	66,180	40,723	8,427	4,963	1,580	-8,614	-11,848	-11,813	-17,318	-10,933	-11,762	-12,075
`10/11`	52,921	52,921	52,921	52,921	52,921	0	30,987	30,987	30,987	30,987	30,987	30,987	30,987	30,987	30,987	30,987	30,987	30,987	30,987
`100`	-	-	-	-	-	0	30,987	30,987	30,987	30,987	30,987	30,987	30,987	30,987	30,987	30,987	30,987	30,987	30,987
`11`	-	-	-	-	-	30,987	-	-	-	-	-	-	-	-	-	-	-	-	-
`1100/10`	-	-	-	-	-	30,987	-	-	-	-	-	-	-	-	-	-	-	-	-
`13`	315,000	300,000	230,000	180,000	95,000	3,595	3,595	3,595	3,595	97,939	97,939	97,939	97,939	97,939	97,939	97,939	97,939	97,939	97,939
`130/1`	-	-	-	-	0	3,099	-	-	-	-	-	-	-	-	-	-	-	-	-
`130`	-	-	-	-	-	0	3,099	3,099	3,099	3,099	3,099	3,099	3,099	3,099	3,099	3,099	3,099	3,099	3,099
`1311`	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`1319`	-	-	-	-	-	3,099	-	-	-	-	-	-	-	-	-	-	-	-	-
`132`	-	-	-	-	0	496	496	496	496	496	496	496	496	496	496	496	496	496	496
`133`	315,000	300,000	230,000	180,000	95,000	-	-	-	-	94,344	94,344	94,344	94,344	94,344	94,344	94,344	94,344	94,344	94,344
`14`	3,414	805	3,902	613	4,354	987	9,267	31,598	6,142	-120,499	-123,963	-127,345	-137,540	-140,774	-140,739	-146,244	-139,859	-140,687	-141,001
`17/49`	1.1m	1.0m	1.0m	992,461	842,020	291,719	302,215	305,595	338,112	475,525	535,802	469,088	475,335	459,817	481,331	524,264	506,568	486,424	433,695
`17`	-	-	-	0	75,903	93,664	133,431	144,396	155,713	164,945	173,796	181,329	189,149	70,771	71,250	71,250	76,839	82,139	28,756
`170/4`	-	-	-	0	75,903	93,664	133,431	144,396	155,713	164,945	173,796	181,329	189,149	70,771	71,250	71,250	76,839	82,139	28,756
`42/48`	1.1m	1.0m	1.0m	992,461	766,117	198,056	168,785	161,199	182,399	310,580	362,006	287,126	286,186	389,046	410,081	453,014	429,729	404,285	404,939
`42`	-	0	2,536	0	11,700	11,000	10,966	10,670	9,232	8,794	8,200	7,821	5,606	-	-	5,588	10,747	10,091	30,221
`43`	-	-	-	-	-	-	-	-	-	-	-	25,693	26,113	152,975	152,308	153,247	146,682	144,219	123,947
`430/8`	-	-	-	-	-	-	-	-	-	-	-	25,693	26,113	152,975	152,308	153,247	146,682	144,219	123,947
`44`	259,408	314,926	323,018	420,252	311,100	43,212	22,001	7,478	76,861	80,215	151,715	58,691	81,295	73,897	154,463	117,278	232,218	202,190	143,852
`440/4`	259,408	314,926	323,018	420,252	311,100	43,212	22,001	7,478	76,861	80,215	151,715	58,691	81,295	73,897	154,463	117,278	232,218	202,190	143,852
`46`	-	0	44,605	-	-	-	-	-	-	-	-	-	-	-	38,042	123,244	-	-	-
`45`	39,148	85,799	81,901	88,181	41,740	47,266	41,517	29,661	35,987	33,081	23,602	42,351	15,649	15,484	31,942	20,330	18,280	27,571	28,233
`450/3`	0	10,230	4,721	1,955	1,227	28,163	33,149	17,977	25,574	25,611	18,410	39,117	12,062	12,339	23,904	12,213	2,627	5,014	3,481
`454/9`	39,148	75,569	77,180	86,226	40,513	19,104	8,368	11,684	10,413	7,471	5,192	3,234	3,587	3,145	8,038	8,117	15,653	22,558	24,752
`47/48`	817,360	613,398	550,443	484,027	401,577	96,577	94,301	113,389	60,319	188,490	178,490	152,570	157,522	146,690	33,326	33,326	21,803	20,214	78,686
`492/3`	-	-	-	-	-	-	-	-	-	-	-	634	-	-	-	-	-	-	-
Income statement
`76A`	-	-	-	-	-	-	-	-	-	-	-	-	7,851	-	-	-	8,264	-	5,217
`9900`	704,419	902,950	880,701	755,661	692,883	162,219	148,496	141,988	134,781	84,667	62,083	57,921	39,554	44,494	92,791	125,930	165,955	173,983	169,476
`62`	439,030	553,038	517,445	447,194	286,317	120,257	93,105	108,326	91,719	68,868	45,472	32,624	29,433	30,041	75,253	115,288	150,346	152,366	142,204
`630`	13,880	11,655	20,522	16,535	18,372	5,197	7,497	2,300	2,300	2,300	2,300	-	-	-	-	3,475	3,606	3,606	9,006
`631/4`	-	-	-	-	-	-	-	-	-	-	-	1,229	-	-	-	-	-	-	-
`640/8`	1,305	1,304	962	1,116	1,733	364	378	503	650	871	719	857	953	1,254	1,176	2,176	1,126	956	1,531
`66A`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,025
`9901`	250,204	336,954	341,773	290,816	386,461	36,401	47,517	30,859	40,113	12,628	13,592	23,211	9,169	13,198	16,363	4,993	10,876	17,055	16,735
`75/76B`	17,688	16,377	18,693	379	1,144	83	-	-	-	-	-	12	-	1	6	50	39	19	-
`75`	17,688	16,377	18,693	379	1,144	83	-	-	-	-	-	12	-	1	6	50	39	19	-
`65/66B`	13,945	10,086	10,630	9,209	8,812	3,286	9,848	5,403	7,816	9,164	10,209	13,028	13,360	13,234	10,864	11,428	18,351	16,761	17,430
`65`	13,945	10,086	10,630	9,209	8,812	3,286	9,848	5,403	7,816	9,164	10,209	13,028	13,360	13,234	10,864	11,428	18,351	16,761	17,430
`9903`	253,947	343,244	349,836	281,987	378,793	33,198	37,669	25,456	32,297	3,464	3,382	10,195	3,660	-35	5,505	-6,385	829	313	497
`67/77`	6,337	26,341	21,546	25,728	11,227	1,478	-	-	-	-	-	-	426	-	-	-	-	-	-
`9904`	247,610	316,903	328,289	256,259	367,566	31,720	37,669	25,456	32,297	3,464	3,382	10,195	3,234	-35	5,505	-6,385	829	313	497
`789`	-	-	-	0	10,355	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`9905`	247,610	316,903	328,289	256,259	377,921	31,720	37,669	25,456	32,297	3,464	3,382	10,195	3,234	-35	5,505	-6,385	829	313	497
Appropriation of the result
`9906`	248,414	320,805	328,902	260,613	379,537	40,987	69,267	31,598	-88,202	-120,499	-123,963	-127,345	-137,540	-140,774	-140,739	-146,244	-139,859	-140,687	-141,001
`14P`	805	3,902	613	4,354	1,616	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`791/2`	-	-	-	-	-	-	-	-	94,344	-	-	-	-	-	-	-	-	-	-
`691/2`	15,000	70,000	50,000	85,000	30,183	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`6921`	15,000	70,000	50,000	85,000	30,183	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`694/7`	230,000	250,000	275,000	175,000	345,000	40,000	60,000	-	-	-	-	-	-	-	-	-	-	-	-
`694`	-	-	-	-	0	40,000	60,000	-	-	-	-	-	-	-	-	-	-	-	-
`695`	230,000	250,000	275,000	175,000	345,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Social balance sheet
`9087`	10.2	12.2	11.7	10.1	5.3	3.9	3	3	2.7	2	1.2	0.8	0.8	0.8	1.9	2.8	3.9	3.9	4
Hours worked`1013`	14,202	16,023	16,654	15,694	12,302	5,716	4,248	4,920	4,520	3,408	2,094	1,378	1,420	1,408	3,404	4,448	6,108	6,572	6,516
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for 18 older financial years (1989-2006) were filed as documents without figures as data, scans for example.

The notes to these accounts have 14 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00483996.

Financial year	Type	Filed	Reference	Document
31-12-2025	abbreviated format	31-08-2026	2026-00483996	PDF
31-12-2024	abbreviated format	28-08-2025	2025-00439423	PDF
31-12-2023	abbreviated format	27-06-2024	2024-00172459	PDF
31-12-2022	micro format	24-08-2023	2023-00355321	PDF
31-12-2021	micro format	18-07-2022	2022-20196082	PDF
30-06-2020	abbreviated format	10-11-2020	2020-69600324	PDF
30-06-2019	abbreviated format	31-10-2019	2019-73200283	PDF
30-06-2018	abbreviated format	31-10-2018	2018-71200550	PDF
30-06-2017	abbreviated format	31-10-2017	2017-68700417	PDF
30-06-2016	abbreviated format	28-10-2016	2016-66500549	PDF
30-06-2015	abbreviated format	02-11-2015	2015-66100179	PDF
30-06-2014	abbreviated format	07-10-2014	2014-64200268	PDF
30-06-2013	abbreviated format	30-01-2014	2014-01900191	PDF
30-06-2012	abbreviated format	31-01-2013	2013-02200057	PDF
30-06-2011	abbreviated format	09-02-2012	2012-03000023	PDF
30-06-2010	abbreviated format	01-02-2011	2011-02400540	PDF
30-06-2009	abbreviated format	29-01-2010	2010-03300200	PDF
30-06-2008	abbreviated format	06-01-2009	2009-00400371	PDF
30-06-2007	abbreviated format	13-12-2007	2007-83200055	PDF
30-06-2006	abbreviated format	15-01-2007	2007-01700068	PDF
30-06-2005	abbreviated format	23-12-2005	2005-91001319	PDF
30-06-2004	abbreviated format	04-01-2005	2005-00201973	PDF
30-06-2003	abbreviated format	02-10-2003	2003-72302297	PDF
30-06-2002	abbreviated format	24-12-2002	2002-78803075	PDF
30-06-2001	abbreviated format	15-01-2002	2002-01502035	PDF
30-06-2000	abbreviated format	16-01-2001	2001-01701765	PDF
30-06-1999	abbreviated format	01-12-1999	1999-61304454	PDF
30-06-1998	abbreviated format	18-01-1999	1999-01204426	PDF
30-06-1997	abbreviated format	13-01-1998	1998-00805001	PDF
30-06-1996	abbreviated format	09-01-1997	1997-00500483	PDF
30-06-1995	abbreviated format	27-12-1995	1995-61303581	PDF
30-06-1994	abbreviated format	22-12-1994	1994-50804433	PDF
30-06-1993	abbreviated format	17-12-1993	1993-46203261	PDF
30-06-1992	abbreviated format	13-01-1993	1993-00703517	PDF
30-06-1991	abbreviated format	13-01-1992	1992-00504959	PDF
30-06-1990	abbreviated format	29-10-1990	1990-26901410	PDF
30-06-1989	abbreviated format	16-10-1989	1989-24202810	PDF

Subsidies and aid

Flemish government 2023 to 2025, 3 entries, €25,000 awarded, €25,000 paid

Subsidies voor internationaal ondernemen

€25,000

Year	Entries	Awarded	Paid
2025	1	€5,000	€10,000
2024	1	€10,000	€5,000
2023	1	€10,000	€10,000

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	202118 months	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
264,084	348,608	362,294	307,351	404,833	41,598	55,014	33,159	42,413	14,928	15,892	-	-	-	-	8,467	14,483	20,661	25,741
261,490	328,557	348,811	272,794	385,938	36,917	45,166	27,756	34,597	5,764	5,682	-	-	-	-	-2,910	4,435	3,919	9,503
14,205	3,000	0	55,759	109,581	0	25,985	0	0	0	11,500	-	-	-	-	-0	0	0	-
53,476	139,381	49,051	-186,374	453,960	5,620	-1,792	1,214	958	2,199	-	-	-	-	-	-	-7,466	7,422	-
338,127	320,841	245,284	171,473	205,341	113,393	156,243	208,028	191,588	166,224	169,311	183,295	180,287	58,675	59,189	53,684	62,183	63,049	5,746
25.0%	25.9%	22.2%	19.0%	15.3%	10.9%	12.7%	17.8%	10.7%	1.7%	0.9%	0.3%	-1.8%	-2.6%	-2.5%	-3.4%	-2.2%	-2.5%	-2.9%
1.30	1.32	1.24	1.17	1.27	1.57	1.93	2.29	2.05	1.54	1.47	1.64	1.63	1.15	1.14	1.12	1.14	1.16	1.01
1.23	1.24	1.17	1.09	1.13	1.23	1.07	0.74	0.44	0.53	0.56	0.46	0.40	0.22	0.26	0.31	0.30	0.27	0.22
3.01	2.87	3.50	4.25	5.53	8.20	6.89	4.62	8.30	56.43	-	-	-	-	-	-	-	-	-
66.7%	89.6%	114.5%	109.7%	241.4%	89.2%	85.9%	38.5%	79.3%	41.1%	68.2%	645.1%	-	-	-	-	-	-	-
16.6%	23.2%	25.5%	20.9%	37.0%	9.7%	10.9%	6.8%	8.5%	0.7%	0.6%	2.2%	0.7%	0.0%	1.2%	-1.3%	0.2%	0.1%	0.1%
18.94	34.56	34.08	33.38	45.94	-	-	-	-	-	-	-	-	-	-	-	-	-	-

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item	31-12-2025	31-12-2024	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	10	13	12	11	6
full-time	8	9	10	9	3
part-time	2	4	2	2	3
in full-time equivalents	9.5	12	11.4	10.4	5.4
	10.2	12.2	11.7	10.1	5.3
On a permanent contract	10	13	12	11	6
Joined	1	3	2	5	3
Left	4	2	1	2	1

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€14,205	€3,000	-	€55,759	€109,581
Financial fixed assets	€0	-	-	-	€0
	€13,880	€11,655	€20,522	€16,535	€18,372

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on MIC FRAMES

The operating result for 2025 is 26% lower than in 2024 and the lowest since 2020. It is the second fall in a row.

Debt's share of the balance-sheet total rises from 74.1% to 75.0%. Equity and debt are higher.

Large changes and their cause

2021 Net result +1,059% on 2020. Demerger with ABLO-BLOMMAERT, Official Gazette 23-07-2021. This financial year ran 18 months, the previous one 12.
2021 Equity +328%, Total assets +204% on 2020. Demerger with ABLO-BLOMMAERT, Official Gazette 23-07-2021.

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Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency25.0%

Current ratio1.30

Return on assets16.6%

Staff

Staff cost per FTE€43,042

Joined and left-3 people

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2023 to 2025, 3 entries, €25,000 awarded, €25,000 paid

Key figures and ratios

Social balance sheet

Investments

Insights on MIC FRAMES

Next steps

in euro

in euro

25.0%

1.30

16.6%

€43,042

-3 people