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 52 % of short-term debt in 2025; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 8.2 to 3.2.
Financials
Financial year 2025
Fraam Belgium from Lokeren, company number BE0725847238, closed financial year 2025 with a result of € 121,445 after tax. For that financial year Fraam Belgium recorded a gross margin of € 461,858 and equity of € 250,987. Compared with financial year 2024, the result moved from € -29,278 to € 121,445. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 19, 2026.
€ 250,987
▲ 93% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 121,445
▲ still € 29,278 loss in 2024
Profit after tax over the fiscal year.
€ 29,769
▲ 62% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 833 paid out
1 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
3.2
▼ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 205,998
▼ 26% vs 2024
€ 64,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 74,239
▲ 13% vs 2024
Of which on lease € 62,543.
Debts at end 2025
€ 466,116
▼ 6% vs 2024
€ 62,433 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 181,503
▲ 172% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 39,392
▲ 29% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 789,706 | € 518,238 | € 353,342 | € 461,858 | ▲ 31% |
| Profit after taxes | € 80,411 | € -20,870 | € -29,278 | € 121,445 | ▲ € 150,723 |
| Equity | € 180,523 | € 159,653 | € 130,375 | € 250,987 | ▲ 93% |
| Total debts | € 1,140,660 | € 876,425 | € 704,461 | € 747,198 | ▲ 6% |
| Cash | € 233,601 | € 31,269 | € 18,343 | € 29,769 | ▲ 62% |
| Land & buildings | € 481,176 | € 458,630 | € 436,085 | € 413,539 | ▼ 5% |
| Retained profit | € 160,523 | € 139,653 | € 110,375 | € 230,987 | ▲ 109% |
| Dividend | € 21,429 | € 0 | € 0 | € 833 | |
| Bank debt | € 584,431 | € 544,097 | € 495,823 | € 466,116 | ▼ 6% |
| Balance sheet total | € 1,321,183 | € 1,036,077 | € 834,836 | € 998,185 | ▲ 20% |
| Employees (FTE) | 9.3 | 8.2 | 4.3 | 3.2 | ▼ 1.1 |
Key figures of Fraam Belgium, 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 Fraam Belgium?
What happened at Fraam Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 121,445. Source: NBB ↗
- KATRIEN BALCAEN became a director. NBB
- New establishment in Lokeren. KBO
- Start of the company according to the CBE. KBO
In short
From € 80,411 profit in 2022 to € 121,445 profit in 2025.
Paid € 73,263 in corporate taxes since 2022.
Best year ever: 2025, with € 121,445 profit.
On average € 144,300 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Fraam Belgium is KATRIEN BALCAEN.
Directors
According to the 2025 annual accounts
KATRIEN BALCAEN
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Rechtstraat 436 box A
9160 Lokeren
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Domain
Domain
fraam.be
Registered
2016-03-07
Website info
Features
Security
Details
- Company number
- 0725.847.238
- VAT number
- BE 0725.847.238
- Registered office
- Rechtstraat 436 bus A, 9160 Lokeren
- Names & denominations
- Fraam Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 April 2019
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- fraam.be
- Activities · NACE
Vervaardiging van metalen constructiewerken en delen daarvan
Schrijnwerk
Vervaardiging van metalen deuren en vensters