ACTIVE

FRAME

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Financial year 2025 · closed on 30/09/2025

Net result

-15,2 k €

-59.6% YoY

Gross margin

105,3 k €

-44.3% YoY

Equity

14,4 k €

-51.4% YoY

What does FRAME do?

FRAME is a Private limited company incorporated in 2002. Its main activity is: Motion picture, video and television programme production activities. Its registered office is in Bruxelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0478.622.447

Incorporation

21/10/2002

Legal form

Private limited company

Registered office

Rue de la Presse 4
1000 Bruxelles · BruxellesSee on map

Contributed capital

48 600,00 €

Latest accounts

30/09/2025

Activities (NACE)

59113Motion picture, video and television programme production activities· main 59113Motion picture, video and television programme production activities 60100Radio broadcasting 60100Radio broadcasting 92201Gambling and betting activities 59114Motion picture, video and television programme production activities+2

Joint committees (4)

100
218
227
30301

Signals

Positive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	105,3 k €	-44.3%	189,1 k €	+10.8%	170,7 k €	+5.7%	161,5 k €	-20.5%	203,2 k €	+258%	56,7 k €	-28.9%	79,7 k €	+19.1%	67 k €	+15.8%	57,9 k €	-14.0%	67,3 k €	-7.7%	72,9 k €	+36.5%	53,4 k €	+70.2%	31,4 k €	+10.5%	28,4 k €	-52.0%	59,1 k €	+2.9%	57,5 k €	+1.7%	56,5 k €	+9.6%	51,5 k €	-25.9%	69,6 k €
EBITDA	12,6 k €	-82.4%	71,6 k €	+19.9%	59,7 k €	-22.0%	76,6 k €	-36.8%	121,1 k €	+8142%	1,5 k €	-95.2%	30,9 k €	-52.4%	64,9 k €	+14.8%	56,5 k €	-15.8%	67,1 k €	-7.4%	72,4 k €	+36.6%	53 k €	+70.5%	31,1 k €	+11.6%	27,8 k €	+1.7%	27,4 k €	-12.0%	31,1 k €	-37.5%	49,8 k €	-2.7%	51,2 k €	-25.8%	69 k €
Operating result	-54,3 k €	-1566%	-3,3 k €	+79.3%	-15,7 k €	-195%	16,6 k €	-77.5%	74 k €	+264%	-45,2 k €	-219%	-14,1 k €	-261%	8,8 k €	+343%	-3,6 k €	-148%	7,5 k €	+12.8%	6,7 k €	-37.7%	10,7 k €	+111%	5,1 k €	-53.9%	11 k €	+6.6%	10,3 k €	+640%	-1,9 k €	-116%	11,6 k €	+750%	-1,8 k €	-132%	5,6 k €
Net result	-15,2 k €	-59.6%	-9,5 k €	+59.9%	-23,7 k €	-3673%	664,7 €	-99.1%	72,9 k €	+255%	-47,1 k €	-125%	-21 k €	-503%	5,2 k €	+212%	1,7 k €	+337%	381,4 €	+83.9%	207,4 €	-61.5%	538,6 €	-61.2%	1,4 k €	+878%	141,9 €	-87.6%	1,1 k €	+512%	-277,3 €	-151%	541,4 €	+137%	-1,5 k €	-412%	473,5 €
Balance sheet
Equity	14,4 k €	-51.4%	29,5 k €	-24.4%	39,1 k €	+19.1%	32,8 k €	+2.1%	32,1 k €	+179%	-40,7 k €	-737%	6,4 k €	-76.6%	27,4 k €	+23.5%	22,2 k €	+8.1%	20,5 k €	+1.9%	20,1 k €	+1.0%	19,9 k €	+2.8%	19,4 k €	+7.7%	18 k €	+231%	5,4 k €	+26.7%	4,3 k €	-6.1%	4,6 k €	+13.5%	4 k €	-26.9%	5,5 k €
Total assets	306,1 k €	-23.1%	398,2 k €	-9.3%	439,1 k €	-3.5%	454,9 k €	+19.2%	381,6 k €	+24.7%	306 k €	+6.7%	286,8 k €	+31.7%	217,8 k €	-15.4%	257,5 k €	-15.2%	303,8 k €	+37.8%	220,4 k €	+9.1%	202 k €	-21.6%	257,6 k €	+65.1%	156 k €	-16.8%	187,5 k €	-34.4%	285,7 k €	+16.4%	245,4 k €	-19.9%	306,4 k €	-23.5%	400,7 k €
Cash	5 k €	-86.7%	37,4 k €	+14.7%	32,6 k €	-39.8%	54,2 k €	+4.9%	51,7 k €	+15.6%	44,7 k €	+1.0%	44,3 k €	+42.8%	31 k €	+115%	14,4 k €		–		8,5 k €	-58.3%	20,5 k €	+313%	5 k €	-90.2%	50,6 k €	+18.9%	42,6 k €		–		1,1 k €	-27.1%	1,5 k €	-81.1%	8 k €
Debts	291,6 k €	-20.9%	368,5 k €	-7.9%	400,1 k €	-5.2%	422 k €	+20.8%	349,4 k €	+0.8%	346,7 k €	+23.6%	280,4 k €	+47.6%	190 k €	-19.2%	235 k €	-16.9%	282,9 k €	+41.5%	199,9 k €	+9.8%	182,1 k €	-23.6%	238,2 k €	+72.6%	138 k €	-24.2%	182 k €	-35.3%	281,4 k €	+16.8%	240,9 k €	-20.2%	301,9 k €	-23.6%	395,2 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		–		1,0 ETP	0.0%	1,0 ETP	+233%	0,3 ETP		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 2 ended

Active mandates

ALLISTAIR HA

Director · since 01 janvier 2020

Active

DIRK DE CLERCQ

Director · since 01 janvier 2020

Active

Ended mandates

Dirk De Clercq

Manager

Ended

Filip Vaerewyck

Manager

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	10/06/2026	30/04/2025	30/04/2024	16/03/2023	22/03/2022	23/04/2021
General meeting	07/03/2026	01/03/2025	02/03/2024	04/03/2023	05/03/2022	06/03/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/09/2025	07/03/2026	10/06/2026	Dutch	PDF
Micro model	30/09/2024	01/03/2025	30/04/2025	Dutch	PDF
Micro model	30/09/2023	02/03/2024	30/04/2024	Dutch	PDF
Micro model	30/09/2022	04/03/2023	16/03/2023	Dutch	PDF
Micro model	30/09/2021	05/03/2022	22/03/2022	Dutch	PDF
Micro model	30/09/2020	06/03/2021	23/04/2021	Dutch	PDF
Micro model	30/09/2019	07/03/2020	15/04/2020	Dutch	PDF
Micro model	30/09/2018	02/03/2019	16/05/2019	Dutch	PDF
Abridged model	30/09/2017	03/03/2018	25/04/2018	Dutch	PDF
Abridged model	30/09/2016	04/03/2017	30/03/2017	Dutch	PDF
Abridged model	30/09/2015	23/03/2016	04/04/2016	Dutch	PDF
Abridged model	30/09/2014	12/02/2015	19/05/2015	Dutch	PDF
Abridged model	30/09/2013	13/02/2014	23/04/2014	Dutch	PDF
Abridged model	30/09/2012	14/02/2013	29/04/2013	Dutch	PDF
Abridged model	30/09/2011	15/02/2012	28/03/2012	Dutch	PDF
Abridged model	30/09/2010	16/02/2011	12/04/2011	Dutch	PDF
Abridged model	30/09/2009	17/02/2010	10/05/2010	Dutch	PDF
Abridged model	30/09/2008	18/02/2009	23/04/2009	Dutch	PDF
Abridged model	30/09/2007	03/03/2008	26/03/2008	Dutch	PDF
Abridged model	30/09/2006	03/03/2007	27/03/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 30/09/2025 · 2 active · 2 ended

Active mandates

ALLISTAIR HA

Director · since 01 janvier 2020

Active

DIRK DE CLERCQ

Director · since 01 janvier 2020

Active

Ended mandates

Dirk De Clercq

Manager

Ended

Filip Vaerewyck

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates17/04/2023
WIJZIGING RECHTSVORM - BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/12/2019
ONTSLAGEN - BENOEMINGEN
PDF
Other06/09/2013
BENAMING
PDF
Registered office31/10/2012
MAATSCHAPPELIJKE ZETEL
PDF
Mandates25/02/2010
ONTSLAGEN - BENOEMINGEN
PDF
Registered office28/05/2009
MAATSCHAPPELIJKE ZETEL
PDF
Registered office25/02/2004
MAATSCHAPPELIJKE ZETEL
PDF
Other28/10/2002
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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

2025
Annual accounts 2025-15,2 k €↓
2025
Name changeFRAME
2024
Annual accounts 2024-9,5 k €↑
2023
Annual accounts 2023-23,7 k €↓
2022
Annual accounts 2022664,7 €↓
2022
Name changeFRAME MEDIA
2021
Annual accounts 202172,9 k €↑
2020
Annual accounts 2020-47,1 k €↓
2019
Annual accounts 2019-21 k €↓
2018
Annual accounts 20185,2 k €↑
2017
Annual accounts 20171,7 k €↑
2016
Annual accounts 2016381,4 €↑
2015
Annual accounts 2015207,4 €↓
2014
Annual accounts 2014538,6 €↓
2013
Annual accounts 20131,4 k €↑
2012
Annual accounts 2012141,9 €↓
2011
Annual accounts 20111,1 k €↑
2010
Annual accounts 2010-277,3 €↓
2009
Annual accounts 2009541,4 €↑
2008
Annual accounts 2008-1,5 k €↓
2007
Annual accounts 2007473,5 €
21/10/2002
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

FRAME

Overview

What does FRAME do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline