What does FRAMIBEL do?

FRAMIBEL is registered with the CBE as active in: Activiteiten van holdings. Public Limited, started on 22 October 2018, 1 establishment.

What is the address of FRAMIBEL?

The registered office of FRAMIBEL is located at Roeselaarsestraat 9 box B, 8850 Ardooie.

Is FRAMIBEL still active?

Yes. According to the CBE (29 October 2026) FRAMIBEL is active, legal situation “Normale toestand”, started on 22 October 2018.

Is FRAMIBEL registered on Peppol?

Yes, FRAMIBEL is registered on the Peppol network with ID 0208:0711955848.

What is the enterprise number of FRAMIBEL?

The enterprise number of FRAMIBEL is BE0711955848.

When was FRAMIBEL founded?

FRAMIBEL was founded on 22 October 2018.

Who are the directors of FRAMIBEL?

According to the 2025 annual accounts, the directors of FRAMIBEL are: ARDELICE NV, Michiels N. COMMV, DENDAUW-VAN COILLIE COMMV, Kruipendaarde COMMV, Sali COMMV.

Is FRAMIBEL a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 22 October 2018; 5 annual accounts filed, latest fiscal year 2025; 5 directors known from the annual account.

How much profit did FRAMIBEL make in 2025?

FRAMIBEL posted a profit after taxes of € 208,579 in financial year 2025.

What is the revenue of FRAMIBEL?

In its most recent annual accounts (2025), FRAMIBEL reported revenue of € 783,360.

How much does an employee at FRAMIBEL earn?

The average wage cost per full-time employee at FRAMIBEL was € 121,900 in 2024: staff costs of € 121,906 for 1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does FRAMIBEL have?

According to the 2025 annual accounts, FRAMIBEL has 0.9 full-time equivalents (FTE).

FRAMIBEL (Public Limited) - Ardooie - BE0711955848

Dossier FRAMIBEL, printed on 29 October 2026 from databakkes.be/en/0711955848/framibel. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

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

Tight liquidity NBB

Cash and receivables cover 26 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

FRAMIBEL from Ardooie, company number BE0711955848, closed financial year 2025 with a result of € 208,579 after tax. For that financial year FRAMIBEL recorded revenue of € 783,360 and equity of € 4.3 million. Compared with financial year 2024, the result moved from € 438,901 to € 208,579. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2026.

What it is worth Growing

€ 4.3 million

▲ 1% vs 2024

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

Profit Healthy

€ 208,579

▼ 52% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 618,976

▲ € 617,317 vs 2024

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

Where the profit goes Pays out

€ 150,000 paid out

72 % of the profit went to the shareholders, mostly to ARDELICE (80 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

0.9

▼ 0.1 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 373,852 in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 126,073

▲ 3% vs 2024

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

Debts at end 2025

Bank debt ≈ 5 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 3.7 million

▼ 17% vs 2024

€ 737,856 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 14,113

▼ 2% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 14 days on average.

Taxes and wages

€ 41,963

▲ 34% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 530,000 Revenue 2022: € 530,000 First fiscal year in the series	€ 585,120 Revenue 2023: € 585,120 ▲ 10% vs 2022 (€ 530,000) Favourable step	€ 627,120 Revenue 2024: € 627,120 ▲ 7% vs 2023 (€ 585,120) Favourable step	€ 783,360 Revenue 2025: € 783,360 ▲ 25% vs 2024 (€ 627,120) Favourable step	▲ 25%
Profit after taxes	€ 1,657,723 Profit after taxes 2022: € 1,657,723 First fiscal year in the series	€ 897,175 Profit after taxes 2023: € 897,175 ▼ 46% vs 2022 (€ 1,657,723) Unfavourable step	€ 438,901 Profit after taxes 2024: € 438,901 ▼ 51% vs 2023 (€ 897,175) Unfavourable step	€ 208,579 Profit after taxes 2025: € 208,579 ▼ 52% vs 2024 (€ 438,901) Unfavourable step	▼ 52%
Equity	€ 3,193,101 Equity 2022: € 3,193,101 First fiscal year in the series	€ 3,978,276 Equity 2023: € 3,978,276 ▲ 25% vs 2022 (€ 3,193,101) Favourable step	€ 4,255,177 Equity 2024: € 4,255,177 ▲ 7% vs 2023 (€ 3,978,276) Favourable step	€ 4,295,755 Equity 2025: € 4,295,755 ▲ 1% vs 2024 (€ 4,255,177) Favourable step	▲ 1%
Total debts	€ 6,941,370 Total debts 2022: € 6,941,370 First fiscal year in the series	€ 6,121,464 Total debts 2023: € 6,121,464 ▼ 12% vs 2022 (€ 6,941,370) Favourable step	€ 5,526,758 Total debts 2024: € 5,526,758 ▼ 10% vs 2023 (€ 6,121,464) Favourable step	€ 5,428,906 Total debts 2025: € 5,428,906 ▼ 2% vs 2024 (€ 5,526,758) Favourable step	▼ 2%
Cash	€ 55,141 Cash 2022: € 55,141 First fiscal year in the series	€ 16,465 Cash 2023: € 16,465 ▼ 70% vs 2022 (€ 55,141) Unfavourable step	€ 1,659 Cash 2024: € 1,659 ▼ 90% vs 2023 (€ 16,465) Unfavourable step	€ 618,976 Cash 2025: € 618,976 ▲ € 617,317 vs 2024 (€ 1,659) Favourable step	▲ € 617,317
Retained profit	€ 2,193,101 Retained profit 2022: € 2,193,101 First fiscal year in the series	€ 2,978,276 Retained profit 2023: € 2,978,276 ▲ 36% vs 2022 (€ 2,193,101) Favourable step	€ 3,255,177 Retained profit 2024: € 3,255,177 ▲ 9% vs 2023 (€ 2,978,276) Favourable step	€ 3,295,755 Retained profit 2025: € 3,295,755 ▲ 1% vs 2024 (€ 3,255,177) Favourable step	▲ 1%
Dividend	€ 70,000 Dividend 2022: € 70,000 First fiscal year in the series	€ 100,000 Dividend 2023: € 100,000 ▲ 43% vs 2022 (€ 70,000) Unchanged	€ 150,000 Dividend 2024: € 150,000 ▲ 50% vs 2023 (€ 100,000) Unchanged	€ 150,000 Dividend 2025: € 150,000 Unchanged (€ 150,000) Unchanged
Bank debt	€ 5,866,682 Bank debt 2022: € 5,866,682 First fiscal year in the series	€ 5,195,258 Bank debt 2023: € 5,195,258 ▼ 11% vs 2022 (€ 5,866,682) Favourable step	€ 4,523,834 Bank debt 2024: € 4,523,834 ▼ 13% vs 2023 (€ 5,195,258) Favourable step	€ 3,743,814 Bank debt 2025: € 3,743,814 ▼ 17% vs 2024 (€ 4,523,834) Favourable step	▼ 17%
Balance sheet total	€ 10,134,471 Balance sheet total 2022: € 10,134,471 First fiscal year in the series	€ 10,099,740 Balance sheet total 2023: € 10,099,740 Unchanged (€ 10,134,471) Unchanged	€ 9,781,934 Balance sheet total 2024: € 9,781,934 ▼ 3% vs 2023 (€ 10,099,740) Unchanged	€ 9,724,661 Balance sheet total 2025: € 9,724,661 ▼ 1% vs 2024 (€ 9,781,934) Unchanged	▼ 1%
Employees (FTE)	1 Employees (FTE) 2022: 1 First fiscal year in the series	1 Employees (FTE) 2023: 1 Unchanged (1) Unchanged	1 Employees (FTE) 2024: 1 Unchanged (1) Unchanged	0.9 Employees (FTE) 2025: 0.9 ▼ 0.1 vs 2024 (1) Unchanged	▼ 0.1

Key figures of FRAMIBEL, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to FRAMIBEL?

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

2027 ARDELICE NV stepped down as director. NBB
2027 Michiels N. COMMV stepped down as director. NBB
2027 DENDAUW-VAN COILLIE COMMV stepped down as director. NBB
2027 Kruipendaarde COMMV stepped down as director. NBB
2027 Sali COMMV stepped down as director. NBB
Jun 23, 2026 New annual accounts for financial year 2025: profit of € 208,579 (▼ 52% vs 2024). Source: NBB ↗
2022 ARDELICE NV became a director. NBB
2022 Michiels N. COMMV became a director. NBB

In short

From € 1.7 million profit in 2022 to € 208,579 profit in 2025.

Paid € 583 in corporate taxes since 2022.

Best year ever: 2022, with € 1.7 million profit.

Paid out € 470,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

ARDELICE 80%

Gerd Stijnen 10%

Nick Michiels 10%

AMATUS 80%

The stake of AMATUS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

FRAMIBEL

Frans Michiels en Zonen NV 100%

Gebroeders Michiels NV 100%

FMB Logistics BV 100%

The shares are held by ARDELICE (80%), Gerd Stijnen (10%), Nick Michiels (10%) and AMATUS (80%). It owns 100% of Frans Michiels en Zonen NV, 100% of Gebroeders Michiels NV and 100% of FMB Logistics BV itself.