Financials
Financial year 2025
FRAME PRODUCTS from Oudsbergen, company number BE0807354457, closed financial year 2025 with a result of € 279,843 after tax. For that financial year FRAME PRODUCTS recorded a gross margin of € 738,208 and equity of € 1.4 million. Compared with financial year 2024, the result moved from € 97,932 to € 279,843. Profitable, and profit is growing. 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 July 29, 2026.
€ 1.4 million
▲ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 279,843
▲ 186% vs 2024
Profit after tax over the fiscal year.
€ 187,294
▼ 49% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.3 million.
People and assets in 2025
2.5
Average over the fiscal year, from the social balance sheet.
€ 211,526
▲ 4% vs 2024
€ 84,600 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.
€ 91,822
▼ 29% vs 2024
Of which on lease € 83,125.
Debts at end 2025
€ 398,549
▼ 27% vs 2024
€ 85,372 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 459,633
▲ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 50,499
▼ 25% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 588,374 | € 649,981 | € 510,111 | € 738,208 | ▲ 45% |
| Profit after taxes | € 251,577 | € 261,513 | € 97,932 | € 279,843 | ▲ 186% |
| Equity | € 896,656 | € 1,058,170 | € 1,156,101 | € 1,435,944 | ▲ 24% |
| Total debts | € 634,511 | € 1,210,700 | € 1,017,164 | € 913,731 | ▼ 10% |
| Cash | € 14,487 | € 374,306 | € 367,666 | € 187,294 | ▼ 49% |
| Land & buildings | € 422,193 | € 376,696 | € 331,198 | € 324,696 | ▼ 2% |
| Retained profit | € 712,156 | € 873,670 | € 971,601 | € 1,251,444 | ▲ 29% |
| Dividend | € 0 | € 100,000 | € 0 | € 0 | |
| Bank debt | € 250,012 | € 582,813 | € 548,243 | € 398,549 | ▼ 27% |
| Balance sheet total | € 1,531,168 | € 2,268,870 | € 2,173,265 | € 2,349,675 | ▲ 8% |
| Employees (FTE) | 2.5 | 2.5 | 2.5 | 2.5 |
Key figures of FRAME PRODUCTS, 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 FRAME PRODUCTS?
What happened at FRAME PRODUCTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Build Connect BV stepped down as director. NBB
- Himo NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 279,843 (▲ 186% vs 2024). Source: NBB ↗
- Build Connect BV became a director. NBB
- Michel Haex stepped down as director. NBB
- Himo NV became a director. NBB
- Michel Haex became a director. NBB
- New establishment in Oudsbergen. KBO
In short
From € 251,577 profit in 2022 to € 279,843 profit in 2025.
Paid € 275,862 in corporate taxes since 2022.
Best year ever: 2025, with € 279,843 profit.
On average € 295,300 of value added per employee in 2025.
Management
The stake of HIMO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FRAME PRODUCTSThe shares are held by HIMO (55%).
Directors
According to the 2025 annual accounts
Director · represented by Wouter Schuer
since 2026 · until 2032
Managing director · represented by Joeri Haex
Also active at: Euro Thermo, Centrale Verwarming Van Herck, Bouwonderneming Haex, GBV Construct, HaBo IMMO, Gemako Invest, SOM Real Estate
since 2020 · until 2032
since 2020 · until 2026
Shareholders
55%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Sompenstraat 1
3670 Oudsbergen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0807.354.457
- VAT number
- BE 0807.354.457
- Registered office
- Sompenstraat 1, 3670 Oudsbergen
- Names & denominations
- FRAME PRODUCTS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 October 2008
- Peppol
- Active · Active since 10 Apr 2025
- Activities · NACE
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