Equity
-€9,777
Debts exceed assets in financial year 2025.
MOFRAMAT
Lifetime
2 annual accounts with figures on one time axispeak -€2,963 (2024)
-€6,572▼ €3,609
lowest -€8,726 (2025)
-€8,726▼ €4,175
peak -€1,051 (2024)
-€9,777▼ €8,726
€233,671▲ 803%
Board2 names since 2023
2 directorsVAN MOERKERKE Frank Geert Maurice and 1 other
Documentsfilings and deeds
16-09-202647 days late
2025micro format
Gross margin from -€2,963 to -€6,572Loss of €8,726Merger: MOFRAMAT takes over FRAMA 09-07Equity from -€1,051 to -€9,777Debts from €25,873 to €233,671
Key points
from the 2025 annual accountsLosses
-€13,277 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Debts
€233,671 104% of the balance sheet
2025 accounts filed 47 days after the deadlineTurnover not published (micro format)Total assets +802%: merger
Checked score
47
Fair
Financially stronger than 10% of micro companies without a NACE code
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.6% Moderate
0%0.5%1.5%4%10%≥ 25%
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 5.6%
01-2025: 5.9%▲ +0.3 percentage points vs 12-2024
02-2025: 5.9%● unchanged vs 01-2025
03-2025: 5.8%▼ -0.1 percentage points vs 02-2025
04-2025: 5.7%▼ -0.1 percentage points vs 03-2025
05-2025: 6.4%▲ +0.7 percentage points vs 04-2025
06-2025: 6.4%● unchanged vs 05-2025
07-2025: 7.5%▲ +1.1 percentage points vs 06-2025highest value
08-2025: 7.5%● unchanged vs 07-2025highest value
09-2025: 7.5%● unchanged vs 08-2025highest value
10-2025: 4.0%▼ -3.5 percentage points vs 09-2025
11-2025: 4.0%● unchanged vs 10-2025
12-2025: 4.0%● unchanged vs 11-2025
01-2026: 3.9%▼ -0.1 percentage points vs 12-2025
02-2026: 3.9%● unchanged vs 01-2026
03-2026: 4.0%▲ +0.1 percentage points vs 02-2026
04-2026: 4.2%▲ +0.2 percentage points vs 03-2026
05-2026: 4.3%▲ +0.1 percentage points vs 04-2026
06-2026: 4.3%● unchanged vs 05-2026
07-2026: 4.5%▲ +0.2 percentage points vs 06-2026
08-2026: 6.3%▲ +1.8 percentage points vs 07-2026
09-2026: 7.0%▲ +0.7 percentage points vs 08-2026
10-2026: 3.6%▼ -3.4 percentage points vs 09-2026lowest value
11-2026: 3.6%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Last filed accounts filed 47 days late; 1 of the last 3 accounts late
Founded in 2023
No registered site in the KBO
lowers risk
Size: total assets €223,894
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro). It does better than 14% of them on solvency, 7% on liquidity, 20% on profitability and 0% on growth.
The bankruptcy probability was computed on 05-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,555 companies had the same profile as MOFRAMAT has now. Each dot stands for 4 companies, two years later.
91.6%
were still trading
3.6%
stopped another way
4.6%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MOFRAMAT itself: 3.6% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 1,555 companies, not a prediction for MOFRAMAT. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.03 (0.37 in 2024), below 1. Short-term debt is 104.4% and cash 3.6% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2425
2024 to 2025 · latest year -€9,777
raises risk · 2025 accounts filed 47 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-09-2026, 47 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filingsDeviation from the deadline
2025
47 days late
2024
29 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 2 accounts on average 38 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- VAN MOERKERKE Frank Geert Maurice 175 sharesdeed of 19-06-2023
- VERWILST Monique Esther 175 sharesdeed of 19-06-2023
Recent changes
Merger: MOFRAMAT takes over FRAMA
Dissolution of the company · Dissolved without liquidation · Liquidator: Van Moerkerke Frank · Gazette deed
Merger proposal: Moframat takes over Frama
Gazette deed
Incorporation
Founding capital of €3,500, 350 shares · Founders: VAN MOERKERKE Frank Geert Maurice and VERWILST Monique Esther · Appointments: VAN MOERKERKE Frank Geert Maurice (director) and VERWILST Monique Esther (director) · published on 19-06-2023 · Gazette deed
Official details
Source: KBO- Status
- Active since 15-06-2023Normal situation
- Activity
- “Het aanleggen, het oordeelkundig uitbouwen en het beheren van een onroerend vermogen; alle verrichtingen…” (deed in Dutch)From the articles, 2 activitiesNo NACE code in the KBO yet
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on MOFRAMAT
The balance sheet grew most in 2025 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 MOFRAMAT
- What is the company number of MOFRAMAT?
- The company number of MOFRAMAT is 0802.761.805. The VAT number is the same number with BE in front: BE 0802.761.805.
- Where is MOFRAMAT based?
- The registered office is at Dewittelaan 37, 8670 Koksijde.Company details
- What is the legal form of MOFRAMAT?
- MOFRAMAT is a private limited company (BV).
- When was MOFRAMAT founded?
- MOFRAMAT was founded on 15-06-2023.
- Is MOFRAMAT still active?
- Yes, MOFRAMAT is an active enterprise in the KBO register.
- What is the turnover of MOFRAMAT?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is MOFRAMAT profitable?
- In financial year 2025, MOFRAMAT made a loss of €8,726.
- Where can I find the annual accounts of MOFRAMAT?
- MOFRAMAT filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MOFRAMAT due?
- MOFRAMAT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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