Bankrupt · Opening faillissement (CBE)
FRAMACO logo

FRAMACO

BE0421974249

Rechtspersoon Public limited company 12 establishments

FRAMACO is a shoe shop in Brussel. Public Limited, started on 26 October 1981, 12 establishments.

Nieuwstraat 46, 1000 Brussel kenshoefashion.be

Start date

26 October 1981

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 1 of the last 1 fiscal years.

  • Tight liquidity NBB

    Cash and receivables cover 9 % of short-term debt in 2023; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

FRAMACO from Brussel, company number BE0421974249, closed financial year 2023 with a result of € 118,116 after tax. For that financial year FRAMACO recorded a gross margin of € 582,490 and equity of € -431,319. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 7, 2023.

What it is worth Caution

€ -431,319

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 118,116

Profit after tax over the fiscal year.

Cash in the bank

€ 112,285

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2023. Retained profit grew to € -531,319.

People and assets in 2023

Wage cost

€ 226,495

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 111,110

Of which on lease € 21,212.

Debts at end 2023

Bank debt ≈ 1 years to go

€ 742,101

€ 551,699 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.

Owed to suppliers

€ 1.1 million

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 266,151

Taxes, VAT and social contributions still to pay.

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What happened to FRAMACO?

What happened at FRAMACO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

FRAMACO is active according to the CBE. Legal situation: Opening faillissement.

  • Steve Martens stepped down as director. NBB
  • New annual accounts for financial year 2023: profit of € 118,116. Source: NBB ↗
  • New establishment in Brussel. KBO
  • New establishment in Hasselt. KBO
  • Steve Martens became a director. NBB
  • New establishment in Braine-l'Alleud. KBO
  • New establishment in Gent. KBO
  • New establishment in Liège. KBO

In short

Paid € 22 in corporate taxes since 2023.

Management

Directors

According to the 2023 annual accounts

Steve Martens

Managing director

Also active at: CAMBRURE

since 2022 · until 2028

Establishments

Establishment units

Physical locations of this company

Registered office

Nieuwstraat 46

1000 Brussel

2.019.545.641

Sylvain Dupuislaan 439

1070 Anderlecht

Active since 18 November 1983

2.019.546.037

Oudebaan 67

2610 Antwerpen

Active since 26 January 1994

2.019.546.631

Ringlaan(Kor) 34 box 96

8500 Kortrijk

Active since 26 October 2000

2.019.547.027

Rue de l'Ange 66

5000 Namur

Active since 18 January 1994

2.165.767.005

Kapelstraat 100

9100 Sint-Niklaas

Active since 4 September 2003

2.218.573.013

Turnhoutsebaan 5

2110 Wijnegem

Active since 1 April 2006

2.306.449.370

Grootkanonplein 2

9000 Gent

Active since 28 January 2015

2.312.732.990

Boulevard de France 9

1420 Braine-l'Alleud

Active since 1 February 2021

2.329.498.649

Boulevard Raymond-Poincaré 7 box 102

4020 Liège

Active since 17 June 2009

2.341.551.789

Demerstraat 19 box 1

3500 Hasselt

Active since 1 March 2023

2.341.551.987

Lambermontlaan 1

1000 Brussel

Active since 15 March 2023

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

Technologies

Apache

Hosting & Email

Email provider

Self-hosted

Hosting

TRELLIAN-AS-AP Trellian Pty. Limited, AU

Website info

HTTPS Nee

Features

Security

✗ HTTPS
✓ SPF
✓ DMARC

Details

Company number
0421.974.249
VAT number
BE 0421.974.249
Registered office
Nieuwstraat 46, 1000 Brussel
Names & denominations
FRAMACO
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Opening faillissement
Start date
26 October 1981
Peppol
Not registered
Activities · NACE

Detailhandel in lederwaren en reisartikelen

Frequently asked questions

What does FRAMACO do?
FRAMACO is a shoe shop in Brussel. Public Limited, started on 26 October 1981, 12 establishments.
What is the address of FRAMACO?
The registered office of FRAMACO is located at Nieuwstraat 46, 1000 Brussel.
Is FRAMACO still active?
No. The CBE lists FRAMACO with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is FRAMACO registered on Peppol?
No, FRAMACO is currently not registered on the Peppol network.
What is the enterprise number of FRAMACO?
The enterprise number of FRAMACO is BE0421974249.
When was FRAMACO founded?
FRAMACO was founded on 26 October 1981.