ACTIVE

FRAMAZO

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Financial year 2025 · closed on 30/09/2025

Net result

84,6 k €

-41.3% YoY

Gross margin

199,9 k €

-9.8% YoY

Equity

653,5 k €

-2.3% YoY

What does FRAMAZO do?

FRAMAZO is a Private limited company incorporated in 2004. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Zonnebeke.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0863.668.105

Incorporation

25/02/2004

Legal form

Private limited company

Registered office

Nonnebossenstraat 25
8980 Zonnebeke · FlandreSee on map

Contributed capital

191 500,00 €

Latest accounts

30/09/2025

Activities (NACE)

71121Engineering activities and related technical consultancy· main 71121Engineering activities and related technical consultancy 74203Photographic activities 46140Agents involved in the sale of machinery, industrial equipment, ships and aircraft 46140Agents involved in the sale of machinery, industrial equipment, ships and aircraft 51140Passenger air transport+9

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ 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	199,9 k €	-9.8%	221,7 k €	+73.1%	128 k €	+6.3%	120,4 k €	+51.1%	79,7 k €	-23.4%	104,1 k €	+4.1%	99,9 k €	+32.6%	75,4 k €	-6.5%	80,6 k €	+11.4%	72,4 k €	+0.1%	72,3 k €	+44.1%	50,2 k €	-29.5%	71,2 k €	+36.4%	52,2 k €	-8.7%	57,2 k €	+37.8%	41,5 k €	-18.1%	50,7 k €	-9.1%	55,8 k €	+23.0%	45,4 k €
EBITDA	194,2 k €	-10.5%	217 k €	+75.4%	123,7 k €	+6.0%	116,7 k €	+54.4%	75,6 k €	-24.6%	100,2 k €	-2.1%	102,3 k €	+49.1%	68,6 k €	-4.0%	71,4 k €	+4.1%	68,6 k €	-0.1%	68,7 k €	+47.8%	46,5 k €	-31.0%	67,3 k €	+38.1%	48,7 k €	-11.8%	55,2 k €	+133%	23,7 k €	-51.6%	49 k €	-7.3%	52,9 k €	+19.8%	44,1 k €
Operating result	129,4 k €	-16.7%	155,4 k €	+142%	64,2 k €	-17.9%	78,2 k €	+111%	37,1 k €	-39.5%	61,3 k €	-2.5%	62,9 k €	+38.4%	45,5 k €	+6.6%	42,7 k €	+16.7%	36,6 k €	+14.0%	32,1 k €	+85.7%	17,3 k €	-62.8%	46,4 k €	+65.8%	28 k €	-16.2%	33,3 k €	+5948%	-570,2 €	-102%	35,1 k €	-11.4%	39,6 k €	+4.6%	37,9 k €
Net result	84,6 k €	-41.3%	144,1 k €	+195%	48,8 k €	-29.5%	69,2 k €	+143%	28,5 k €	-38.0%	45,9 k €	+8.6%	42,3 k €	+36.2%	31 k €	-3.0%	32 k €	+57.3%	20,3 k €	+17.5%	17,3 k €	+108%	8,3 k €	-72.5%	30,3 k €	+94.2%	15,6 k €	-14.3%	18,2 k €	+698%	-3 k €	-116%	19,2 k €	-21.9%	24,5 k €	-7.8%	26,6 k €
Balance sheet
Equity	653,5 k €	-2.3%	668,8 k €	+27.5%	524,7 k €	+10.3%	476 k €	+12.2%	424,1 k €	+24.8%	339,7 k €	+15.6%	293,8 k €	+16.8%	251,6 k €	+12.1%	224,4 k €	+7.1%	209,6 k €	+8.7%	192,8 k €	+9.9%	175,5 k €	-2.6%	180,2 k €	+19.2%	151,2 k €	+10.1%	137,2 k €	+13.0%	121,4 k €	-2.4%	124,5 k €	+18.2%	105,3 k €	+30.3%	80,8 k €
Total assets	1,9 M €	+5.3%	1,8 M €	+2.3%	1,8 M €	+10.6%	1,6 M €	+252%	460,1 k €	+23.9%	371,4 k €	+1.8%	364,8 k €	+6.5%	342,6 k €	-2.0%	349,6 k €	-3.4%	361,9 k €	-8.9%	397 k €	+4.9%	378,5 k €	-0.6%	380,9 k €	+11.4%	341,8 k €	-5.1%	360,2 k €	-3.2%	372,3 k €	+60.2%	232,4 k €	-5.6%	246,2 k €	+15.4%	213,3 k €
Cash	27,3 k €	+41.3%	19,3 k €	-64.4%	54,3 k €	+18.4%	45,9 k €	+153%	18,1 k €	-48.5%	35,2 k €	-1.0%	35,5 k €	+44.3%	24,6 k €	+55.0%	15,9 k €	+282%	4,2 k €	+17.4%	3,5 k €	-61.4%	9,2 k €	-66.2%	27,1 k €	+95.2%	13,9 k €	+352%	3,1 k €	+56.6%	2 k €	-47.6%	3,7 k €	+561%	565,4 €	-98.6%	40,4 k €
Debts	1,3 M €	+9.5%	1,2 M €	-8.2%	1,3 M €	+10.8%	1,1 M €	+3073%	36 k €	+13.7%	31,7 k €	-55.4%	70,9 k €	-16.6%	85 k €	-30.5%	122,3 k €	-19.7%	152,3 k €	-25.4%	204,2 k €	+0.6%	202,9 k €	+1.1%	200,7 k €	+5.5%	190,2 k €	-14.6%	222,6 k €	-11.3%	250,9 k €	+132%	107,9 k €	-23.4%	140,9 k €	+6.3%	132,5 k €

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 · 3 active · 5 ended

Active mandates

Franky Malengier

Director

Active

Jana Malengier

Director

Active

Joran Malengier

Director

Active

Ended mandates

francky malengier

Manager

Ended

franky malengier

Manager

Ended

MARIAN VAN DE GINSTE

Manager

Ended

Marian Vande ginste

Director

Ended

At this address

Other companies at this address

Company	CBE no.
MALENGIER WFJ● Active	0450.868.470

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	29/01/2026	25/03/2025	27/02/2024	06/03/2023	03/03/2022	24/02/2021
General meeting	15/01/2026	24/02/2025	26/02/2024	27/02/2023	28/02/2022	22/02/2021
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	15/01/2026	29/01/2026	Dutch	PDF
Micro model	30/09/2024	24/02/2025	25/03/2025	Dutch	PDF
Micro model	30/09/2023	26/02/2024	27/02/2024	Dutch	PDF
Micro model	30/09/2022	27/02/2023	06/03/2023	Dutch	PDF
Micro model	30/09/2021	28/02/2022	03/03/2022	Dutch	PDF
Micro model	30/09/2020	22/02/2021	24/02/2021	Dutch	PDF
Micro model	30/09/2019	24/02/2020	25/02/2020	Dutch	PDF
Micro model	30/09/2018	25/02/2019	19/03/2019	Dutch	PDF
Micro model	30/09/2017	26/02/2018	21/03/2018	Dutch	PDF
Abridged model	30/09/2016	27/02/2017	27/02/2017	Dutch	PDF
Abridged model	30/09/2015	29/02/2016	29/02/2016	Dutch	PDF
Abridged model	30/09/2014	23/02/2015	24/02/2015	Dutch	PDF
Abridged model	30/09/2013	24/02/2014	28/02/2014	Dutch	PDF
Abridged model	30/09/2012	25/02/2013	14/03/2013	Dutch	PDF
Abridged model	30/09/2011	27/02/2012	27/02/2012	Dutch	PDF
Abridged model	30/09/2010	28/02/2011	28/02/2011	Dutch	PDF
Abridged model	30/09/2009	22/02/2010	02/04/2010	Dutch	PDF
Abridged model	30/09/2008	23/02/2009	06/03/2009	Dutch	PDF
Abridged model	30/09/2007	25/02/2008	26/02/2008	Dutch	PDF
Abridged model	30/09/2006	26/02/2007	09/03/2007	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 · 3 active · 5 ended

Active mandates

Franky Malengier

Director

Active

Jana Malengier

Director

Active

Joran Malengier

Director

Active

Ended mandates

francky malengier

Manager

Ended

franky malengier

Manager

Ended

MARIAN VAN DE GINSTE

Manager

Ended

Marian Vande ginste

Director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates04/02/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares13/10/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other03/03/2004
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 202584,6 k €↓
2024
Annual accounts 2024144,1 k €↑
2023
Annual accounts 202348,8 k €↓
2022
Annual accounts 202269,2 k €↑
2021
Annual accounts 202128,5 k €↓
2020
Annual accounts 202045,9 k €↑
2019
Annual accounts 201942,3 k €↑
2018
Annual accounts 201831 k €↓
2017
Annual accounts 201732 k €↑
2016
Annual accounts 201620,3 k €↑
2015
Annual accounts 201517,3 k €↑
2014
Annual accounts 20148,3 k €↓
2013
Annual accounts 201330,3 k €↑
2012
Annual accounts 201215,6 k €↓
2011
Annual accounts 201118,2 k €↑
2010
Annual accounts 2010-3 k €↓
2009
Annual accounts 200919,2 k €↓
2008
Annual accounts 200824,5 k €↓
2007
Annual accounts 200726,6 k €
25/02/2004
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

FRAMAZO

Overview

What does FRAMAZO 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