ACTIVE

FRAME PRODUCTS

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Financial year 2025 · Closed on 31/12/2025

Net result279,8 k €+185,8 %over 1 year

Gross margin738,2 k €+44,7 %over 1 year

Equity1,4 M €+24,2 %over 1 year

Workforce2,5 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

FRAME PRODUCTS is a Public limited company incorporated in 2008. Its main activity is: Manufacture of concrete products for construction purposes. Its registered office is in Oudsbergen. It employs on average 2,5 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0807.354.457
Incorporation: 21/10/2008
Legal form: Public limited company
Registered office: Sompenstraat 1
3670 Oudsbergen · FlandreSee on map
Contributed capital: 184 500,00 €
Latest accounts: 31/12/2025
Average workforce: 2,5 ETP

Activities (NACE)

23610Manufacture of concrete products for construction purposes· main 25401Manufacture of weapons and ammunition 25501Forging, pressing, stamping and roll-forming of metal; powder metallurgy 23610Manufacture of concrete products for construction purposes 23610Manufacture of concrete products for construction purposes 43320Joinery installation+1

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 17 filings

Trend over 15 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	738,2 k €	+44.7%	510,1 k €	-21.5%	650 k €	+10.5%	588,4 k €	+21.8%	482,9 k €
EBITDA	517,4 k €	+73.8%	297,8 k €	-30.8%	430,3 k €	+6.5%	404 k €	+32.3%	305,4 k €
Operating result	378 k €	+163%	143,6 k €	-54.9%	318,8 k €	-2.0%	325,3 k €	+54.8%	210,1 k €
Net result	279,8 k €	+186%	97,9 k €	-62.6%	261,5 k €	+3.9%	251,6 k €	+53.6%	163,8 k €
Balance sheet
Equity	1,4 M €	+24.2%	1,2 M €	+9.3%	1,1 M €	+18.0%	896,7 k €	+38.8%	646 k €
Total assets	2,3 M €	+8.1%	2,2 M €	-4.2%	2,3 M €	+48.2%	1,5 M €	+6.1%	1,4 M €
Cash	187,3 k €	-49.1%	367,7 k €	-1.8%	374,3 k €	+2484%	14,5 k €	-95.3%	307,2 k €
Debts	913,7 k €	-10.2%	1 M €	-16.0%	1,2 M €	+90.8%	634,5 k €	-20.3%	796,6 k €
Other
Workforce	2,5 ETP	0.0%	2,5 ETP	0.0%	2,5 ETP	0.0%	2,5 ETP	0.0%	2,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 12 ended

Active mandates

BUILD CONNECT

Director · since 30 juin 2026 · until 30 juin 2032 · 0696.825.927

Represented by Wouter Schuer

Active

HIMO

Managing director · since 21 août 2020 · until 30 juin 2032 · 0446.685.097

Represented by Joeri Haex

Active

Michel Haex

Director · since 21 août 2020 · until 30 juin 2026

Active

Ended mandates

HIMO

Managing director · since 21 août 2020 · until 21 août 2026 · 0446.685.097

Represented by Haex JOERI

Ended

Michel HAEX

Director · since 21 août 2020 · until 21 août 2026

Ended

HIMO

Managing director · since 03 octobre 2014 · until 18 mai 2020 · 0446.685.097

Represented by Joeri Haex

Ended

HIMO

Managing director · since 03 octobre 2014 · until 21 août 2020 · 0446.685.097

Represented by Haex Joeri

Ended

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/07/2026	11/07/2025	02/07/2024	17/07/2023	26/07/2022	20/07/2021
General meeting	30/06/2026	30/06/2025	28/06/2024	30/06/2023	30/06/2022	30/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 17 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	29/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	11/07/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	02/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	17/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	26/07/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	20/07/2021	Dutch	PDF
Abridged model	31/12/2019	21/08/2020	08/09/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	23/07/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	02/07/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	07/07/2017	Dutch	PDF
Full model	31/12/2015	30/06/2016	06/07/2016	Dutch	PDF
Full model	31/12/2014	18/05/2015	17/06/2015	Dutch	PDF
Abridged model	31/12/2013	23/06/2014	14/07/2014	Dutch	PDF
Abridged model	31/12/2012	21/05/2013	13/06/2013	Dutch	PDF
Abridged model	31/12/2011	22/06/2012	25/06/2012	Dutch	PDF
Abridged model	31/12/2010	16/05/2011	17/05/2011	Dutch	PDF
Abridged model	31/12/2009	17/05/2010	25/05/2010	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 12 ended

Active mandates

BUILD CONNECT

Director · since 30 juin 2026 · until 30 juin 2032 · 0696.825.927

Represented by Wouter Schuer

Active

HIMO

Managing director · since 21 août 2020 · until 30 juin 2032 · 0446.685.097

Represented by Joeri Haex

Active

Michel Haex

Director · since 21 août 2020 · until 30 juin 2026

Active

Ended mandates

HIMO

Managing director · since 21 août 2020 · until 21 août 2026 · 0446.685.097

Represented by Haex JOERI

Ended

Michel HAEX

Director · since 21 août 2020 · until 21 août 2026

Ended

HIMO

Managing director · since 03 octobre 2014 · until 18 mai 2020 · 0446.685.097

Represented by Joeri Haex

Ended

HIMO

Managing director · since 03 octobre 2014 · until 21 août 2020 · 0446.685.097

Represented by Haex Joeri

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Capital / shares21/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Mandates17/09/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/11/2014
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares29/08/2011
KAPITAAL - AANDELEN
PDF
Capital / shares03/12/2009
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other03/11/2008
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF

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

See the Business plan

Timeline

2025
Annual accounts 2025279,8 k €↑
2024
Annual accounts 202497,9 k €↓
2023
Annual accounts 2023261,5 k €↑
2022
Annual accounts 2022251,6 k €↑
2021
Annual accounts 2021163,8 k €↑
2018
Annual accounts 201850,4 k €↓
2017
Annual accounts 2017108,9 k €↑
2016
Annual accounts 201667,9 k €↓
2015
Annual accounts 201594,6 k €↑
2014
Annual accounts 201432,4 k €↑
2013
Annual accounts 2013-48,4 k €↓
2012
Annual accounts 2012-10,2 k €↑
2011
Annual accounts 2011-36,2 k €↑
2010
Annual accounts 2010-53 k €↓
2009
Annual accounts 2009-31,3 k €
21/10/2008
IncorporationPublic limited company

FRAME PRODUCTS

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

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

Timeline