Financials
Financial year 2025
Art Frame from Brugge, company number BE0890832459, closed financial year 2025 with a result of € 23,151 after tax. For that financial year Art Frame recorded a gross margin of € 364,683 and equity of € 396,676. Compared with financial year 2024, the result moved from € 77,457 to € 23,151. 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 April 28, 2026.
€ 396,676
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 23,151
▼ 70% vs 2024
Profit after tax over the fiscal year.
€ 96,437
▼ 25% 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 € 346,676.
People and assets in 2025
4.6
Average over the fiscal year, from the social balance sheet.
€ 284,569
▼ 36% vs 2024
€ 61,900 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.
€ 36,598
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 194,339
▼ 3% vs 2024
€ 44,879 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 29,663
▼ 49% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 89,263
▲ 60% vs 2024
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 335,549 | € 341,239 | € 614,263 | € 364,683 | ▼ 41% |
| Profit after taxes | € 82,097 | € 43,242 | € 77,457 | € 23,151 | ▼ 70% |
| Equity | € 264,827 | € 308,069 | € 373,526 | € 396,676 | ▲ 6% |
| Total debts | € 226,728 | € 190,055 | € 340,929 | € 341,434 | |
| Cash | € 153,408 | € 118,453 | € 128,538 | € 96,437 | ▼ 25% |
| Retained profit | € 214,827 | € 258,069 | € 323,526 | € 346,676 | ▲ 7% |
| Dividend | € 0 | € 0 | € 12,000 | € 0 | ▼ 100% |
| Bank debt | € 116,611 | € 105,064 | € 200,647 | € 194,339 | ▼ 3% |
| Balance sheet total | € 491,555 | € 498,124 | € 714,455 | € 738,110 | ▲ 3% |
| Employees (FTE) | - | - | 4.6 | 4.6 |
Key figures of Art Frame, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to Art Frame?
What happened at Art Frame in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 23,151 (▼ 70% vs 2024). Source: NBB ↗
- Sudeli BV became a director. NBB
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 82,097 profit in 2021 to € 23,151 profit in 2025.
Paid € 62,978 in corporate taxes since 2021.
Best year ever: 2021, with € 82,097 profit.
On average € 79,300 of value added per employee in 2025.
Management
The stake of SUDELI comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Art FrameBehind Art Frame is Sudeli BV. The shares are held by SUDELI (100%).
Establishments
Establishment units
Physical locations of this company
Pathoekeweg 130 box B
8000 Brugge
Pathoekeweg 130
8000 Brugge
Active since 16 August 2007
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
Hosting & Email
Email provider
Microsoft 365
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
DNS
Cloudflare DNS
Domain
Domain
artframe.eu
Registrar
OVH SAS
Website info
Features
Security
Network
Details
- Company number
- 0890.832.459
- VAT number
- BE 0890.832.459
- Registered office
- Pathoekeweg 130 bus B, 8000 Brugge
- Names & denominations
- Art Frame
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 July 2007
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- artframe.eu
- Activities · NACE
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Handelsbemiddeling in de groothandel in andere specifieke goederen
Detailhandel in verlichtingsartikelen
Niet-gespecialiseerde groothandel
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