ACTIVE

MIC FRAMES

Financial year 2025 · closed on 31/12/2025
Net result
247,6 k €
-21.9% YoY
Gross margin
704,4 k €
-22.0% YoY
Equity
371,3 k €
+5.0% YoY
Workforce
10,2 ETP
-16.4% YoY

What does MIC FRAMES do?

MIC FRAMES is a Private limited company incorporated in 1988. Its main activity is: Manufacture of products of wood, cork, straw and plaiting materials. Its registered office is in Aalst. It employs on average 10,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0433.836.953
Incorporation
05/04/1988
Legal form
Private limited company
Registered office
Wijngaardveld 19
9300 Aalst · FlandreSee on map
Contributed capital
52 921,08 €
Latest accounts
31/12/2025
Average workforce
10,2 ETP
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212019201820172016201520142013201220112010200920082007
Income statement
Gross margin704,4 k €902,9 k €880,7 k €755,7 k €692,9 k €148,5 k €142,0 k €134,8 k €84,7 k €62,1 k €57,9 k €39,6 k €44,5 k €92,8 k €125,9 k €166,0 k €174,0 k €169,5 k €
EBITDA264,1 k €348,6 k €362,3 k €307,4 k €404,8 k €55,0 k €33,2 k €42,4 k €14,9 k €15,9 k €24,4 k €9,2 k €13,2 k €16,4 k €8,5 k €14,5 k €20,7 k €25,7 k €
Operating result250,2 k €337,0 k €341,8 k €290,8 k €386,5 k €47,5 k €30,9 k €40,1 k €12,6 k €13,6 k €23,2 k €9,2 k €13,2 k €16,4 k €5,0 k €10,9 k €17,1 k €16,7 k €
Net result247,6 k €316,9 k €328,3 k €256,3 k €367,6 k €37,7 k €25,5 k €32,3 k €3,5 k €3,4 k €10,2 k €3,2 k €-35,3 €5,5 k €-6,4 k €828,6 €313,2 €497,3 €
Balance sheet
Equity371,3 k €353,7 k €286,8 k €233,5 k €152,3 k €43,8 k €66,2 k €40,7 k €8,4 k €5,0 k €1,6 k €-8,6 k €-11,8 k €-11,8 k €-17,3 k €-10,9 k €-11,8 k €-12,1 k €
Total assets1,5 M €1,4 M €1,3 M €1,2 M €994,3 k €346,1 k €371,8 k €378,8 k €484,0 k €540,8 k €470,7 k €466,7 k €448,0 k €469,5 k €506,9 k €495,6 k €474,7 k €421,6 k €
Cash518,0 k €464,5 k €325,2 k €276,1 k €462,5 k €2,9 k €4,7 k €3,5 k €2,5 k €318,6 €1,1 k €8,6 k €1,1 k €
Debts1,1 M €1,0 M €1,0 M €992,5 k €842,0 k €302,2 k €305,6 k €338,1 k €475,5 k €535,8 k €468,5 k €475,3 k €459,8 k €481,3 k €524,3 k €506,6 k €486,4 k €433,7 k €
Other
Workforce10,2 ETP12,2 ETP11,7 ETP3,0 ETP3,0 ETP2,7 ETP2,0 ETP1,2 ETP0,8 ETP0,8 ETP0,8 ETP1,9 ETP2,8 ETP3,9 ETP3,9 ETP4,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 9 ended

Active mandates

MABLO INVEST

Director · since 13 août 2007 · 0891.447.222

Represented by BLOMMAERT Maarten

Active

Ended mandates

MABLO INVEST

Director · since 13 août 2007 · 0891.447.222

Represented by Blommaert MAARTEN

Ended
MABLO INVEST

Manager · since 13 août 2007 · 0891.447.222

Represented by Maarten Blommaert

Ended
MABLO INVEST

Manager · since 13 août 2007 · 0891.447.222

Represented by Maarten Blommaert

Ended
MABLO INVEST

Manager · since 13 août 2007 · 0891.447.222

Represented by BLOMMAERT MAARTEN

Ended
At this address

Other companies at this address

CompanyCBE no.
0446.481.201
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/07/202001/07/2019
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202130/06/2020
Length of the financial year12 months12 months12 months12 months18 months12 months
Filing date31/08/202628/08/202527/06/202424/08/202318/07/202210/11/2020
General meeting09/03/202610/03/202511/03/202413/03/202314/03/202214/09/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202509/03/202631/08/2026DutchPDF
Abridged model31/12/202410/03/202528/08/2025DutchPDF
Abridged model31/12/202311/03/202427/06/2024DutchPDF
Micro model31/12/202213/03/202324/08/2023DutchPDF
Micro model31/12/202114/03/202218/07/2022DutchPDF
Abridged model30/06/202014/09/202010/11/2020DutchPDF
Abridged model30/06/201909/09/201931/10/2019DutchPDF
Abridged model30/06/201810/09/201831/10/2018DutchPDF
Abridged model30/06/201711/09/201731/10/2017DutchPDF
Abridged model30/06/201612/09/201628/10/2016DutchPDF
Abridged model30/06/201514/09/201502/11/2015DutchPDF
Abridged model30/06/201408/09/201407/10/2014DutchPDF
Abridged model30/06/201330/12/201330/01/2014DutchPDF
Abridged model30/06/201210/09/201231/01/2013DutchPDF
Abridged model30/06/201112/09/201109/02/2012DutchPDF
Abridged model30/06/201013/09/201001/02/2011DutchPDF
Abridged model30/06/200914/09/200929/01/2010DutchPDF
Abridged model30/06/200830/12/200806/01/2009DutchPDF
Abridged model30/06/200710/09/200713/12/2007DutchPDF
Abridged model30/06/200611/09/200615/01/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 9 ended

Active mandates

MABLO INVEST

Director · since 13 août 2007 · 0891.447.222

Represented by BLOMMAERT Maarten

Active

Ended mandates

MABLO INVEST

Director · since 13 août 2007 · 0891.447.222

Represented by Blommaert MAARTEN

Ended
MABLO INVEST

Manager · since 13 août 2007 · 0891.447.222

Represented by Maarten Blommaert

Ended
MABLO INVEST

Manager · since 13 août 2007 · 0891.447.222

Represented by Maarten Blommaert

Ended
MABLO INVEST

Manager · since 13 août 2007 · 0891.447.222

Represented by BLOMMAERT MAARTEN

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Restructuring23/07/2021
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring22/04/2021
    WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Other20/11/2012
    DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates20/12/2007
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025247,6 k €
  2. 2024
    Annual accounts 2024316,9 k €
  3. 2023
    Annual accounts 2023328,3 k €
  4. 2022
    Annual accounts 2022256,3 k €
  5. 2021
    Annual accounts 2021367,6 k €
  6. 2019
    Annual accounts 201937,7 k €
  7. 2018
    Annual accounts 201825,5 k €
  8. 2017
    Annual accounts 201732,3 k €
  9. 2016
    Annual accounts 20163,5 k €
  10. 2015
    Annual accounts 20153,4 k €
  11. 2014
    Annual accounts 201410,2 k €
  12. 2013
    Annual accounts 20133,2 k €
  13. 2012
    Annual accounts 2012-35,3 €
  14. 2011
    Annual accounts 20115,5 k €
  15. 2010
    Annual accounts 2010-6,4 k €
  16. 2009
    Annual accounts 2009828,6 €
  17. 2008
    Annual accounts 2008313,2 €
  18. 2007
    Annual accounts 2007497,3 €
  19. 05/04/1988
    IncorporationPrivate limited company