ACTIVE

Art Frame

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Financial year 2025 · closed on 30/09/2025
Net result
23,2 k €
-70.1% YoY
Gross margin
364,7 k €
-40.6% YoY
Equity
396,7 k €
+6.2% YoY
Workforce
4,6 ETP
0.0% YoY

What does Art Frame do?

Art Frame is a Private limited company incorporated in 2007. Its main activity is: Manufacture of products of wood, cork, straw and plaiting materials. Its registered office is in Brugge. It employs on average 4,6 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0890.832.459
Incorporation
13/07/2007
Legal form
Private limited company
Registered office
Pathoekeweg 130 box B
8000 Brugge · FlandreSee on map
Contributed capital
50 000,00 €
Latest accounts
30/09/2025
Average workforce
4,6 ETP
Activities (NACE)
16281Manufacture of products of wood, cork, straw and plaiting materials· main16291Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials20510Manufacture of explosives47690Retail sale of cultural and recreation goods in specialised stores47787Other retail sale of new goods in specialised stores46180Agents specialised in the sale of other particular products+11
Joint committees (1)
  • 126
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2025202420222021
Income statement
Gross margin364,7 k €614,3 k €341,2 k €335,5 k €
EBITDA79,6 k €169,8 k €97,2 k €138,5 k €
Operating result30,4 k €104,7 k €54 k €103,7 k €
Net result23,2 k €77,5 k €43,2 k €82,1 k €
Balance sheet
Equity396,7 k €373,5 k €308,1 k €264,8 k €
Total assets738,1 k €714,5 k €498,1 k €491,6 k €
Cash96,4 k €128,5 k €118,5 k €153,4 k €
Debts333,1 k €334,7 k €190,1 k €226,7 k €
Other
Workforce4,6 ETP4,6 ETP––
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 3 ended

Active mandates

SUDELI

Director · since 27 mars 2023 · 0799.201.311

Represented by De Lille Bieke

Active

Ended mandates

SUDELI

bestuurder · since 29 mars 2023 · 0799.201.311

Represented by Bieke De Lille

Ended
SUDELI

Director · since 27 mars 2023 · 0799.201.311

Represented by De LILLE BIEKE

Ended
Robrecht Delbaere

bestuurder

Ended
At this address

Other companies at this address

CompanyCBE no.
SOLID INTERNATIONAL● Active
0472.587.562
SUDELI● Active
0799.201.311
Annual accounts

Full financial information

2025202420222021
Type of accountAbridged modelAbridged modelMicro modelMicro model
Start of the financial year01/10/202401/01/202301/01/202201/01/2021
Closing of the financial year30/09/202530/09/202431/12/202231/12/2021
Length of the financial year12 months21 months12 months12 months
Filing date28/04/202624/04/202528/07/202331/08/2022
General meeting27/03/202628/03/202524/06/202331/07/2022
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202527/03/202628/04/2026DutchPDF
Abridged model30/09/202428/03/202524/04/2025DutchPDF
Micro model31/12/202224/06/202328/07/2023DutchPDF
Micro model31/12/202131/07/202231/08/2022DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 30/09/2025 · 1 active · 3 ended

Active mandates

SUDELI

Director · since 27 mars 2023 · 0799.201.311

Represented by De Lille Bieke

Active

Ended mandates

SUDELI

bestuurder · since 29 mars 2023 · 0799.201.311

Represented by Bieke De Lille

Ended
SUDELI

Director · since 27 mars 2023 · 0799.201.311

Represented by De LILLE BIEKE

Ended
Robrecht Delbaere

bestuurder

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other31/10/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates14/04/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other18/01/2022
    BENAMING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Other11/10/2016
    ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Other24/07/2007
    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

Timeline

  1. 2025
    Annual accounts 202523,2 k €↓
  2. 2024
    Annual accounts 202477,5 k €↑
  3. 2022
    Annual accounts 202243,2 k €↓
  4. 2021
    Annual accounts 202182,1 k €
  5. 13/07/2007
    IncorporationPrivate limited company