F.B.M.
ActiveSummary
F.B.M. has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €900,152 and a net result of €62,597. Equity is shrinking by ~11.8% per year across the filed fiscal years. Its solvency ranks better than 28% of 8871 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
What they do
Business and other management consultancy
NACE 70200Business consulting NACE 70220NACE 74142
#2 oldest company in Moorslede, Professional and technical services sector1 site
How big
€3.3mtotal assets 2025
- Equity
- €900,152
- Profit
- €62,597
Turnover not published (abridged schema)
Who decides
Accounts 2 d early0 of 7 deeds read
Why 71+ Lower-failure-rate sector+ Long track record+ Annual accounts: healthy financial profile+ Growing equityLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability71▼-2
Solvency52=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60,000 at 30 days acceptable
Liquidity tight (current ratio 1.09 against 1.63 in 2024; short-term debt: 16.8% and cash: 0.4% of total assets), and 72.6% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
27.4%
Return on assets
1.9%
Age of the figures
12 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €900,152
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-04-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
30 d early
2023
41 d early
2022
20 d early
2021
30 d early
2020
31 d early
2019
27 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 26 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 31 March (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close01-10-2026 today30-04-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Annual accounts filedfiscal year 2024 · abbreviated…
- Back to profitnet €94,998
Financials
Fiscal year 2025Total assets €3.3mProfit €62,597Solvency 27.4%Liquidity 1.09
Total assets
€3.3m▲ 6.1%
2019 - 2025
Net result
€62,597▼ 34.1%
2019 - 2025
Equity
€900,152▲ 7.5%
2019 - 2025
Solvency
27.4%▲ 0.3pp
2019 - 2025
Financials · fiscal year 2025, abbreviated schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€0.03m▼ 76.8%€0.2m▲ 484%-€0.1m€0.1m€0.08m▼ 21.9%
Net result€0.01mwithin the sector's middle half▼ 84.4%€0.1mwithin the sector's middle half▲ 874%-€0.1mbelow the sector's middle half€0.09mwithin the sector's middle half€0.06mwithin the sector's middle half▼ 34.1%
Equity€2.1mabove the sector's middle half▲ 0.5%€2.2mabove the sector's middle half▲ 5.2%€0.7mwithin the sector's middle half▼ 66.8%€0.8mwithin the sector's middle half▲ 12.8%€0.9mwithin the sector's middle half▲ 7.5%
Total assets€3.1mabove the sector's middle half▼ 6.0%€3.2mabove the sector's middle half▲ 3.5%€3.1mabove the sector's middle half▼ 4.2%€3.1mabove the sector's middle half▼ 0.2%€3.3mabove the sector's middle half▲ 6.1%
Debt€1.0m▼ 17.5%€1.0m=€2.4m▲ 136%€2.3m▼ 4.3%€2.4m▲ 5.6%
Working capital€0.6mabove the sector's middle half▼ 15.2%€0.4mwithin the sector's middle half▼ 30.2%€0.5mabove the sector's middle half▲ 24.0%€0.3mwithin the sector's middle half▼ 44.1%€0.05mwithin the sector's middle half▼ 81.4%
Solvency68.0%within the sector's middle half▲ 4.5pp69.1%within the sector's middle half▲ 1.1pp23.9%below the sector's middle half▼ 45.2pp27.1%within the sector's middle half▲ 3.1pp27.4%within the sector's middle half▲ 0.3pp
Current ratio2.31within the sector's middle half▼ 0.091.85within the sector's middle half▼ 0.461.98within the sector's middle half▲ 0.131.63within the sector's middle half▼ 0.351.09within the sector's middle half▼ 0.54
Return on assets (ROA)0.4%below the sector's middle half▼ 1.8pp3.4%within the sector's middle half▲ 3.0pp-4.7%below the sector's middle half▼ 8.1pp3.1%within the sector's middle half▲ 7.7pp1.9%within the sector's middle half▼ 1.2pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 22% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.3m
Fixed assets
€2.7m ▲ 11.6%
Current assets
€601,929 ▼ 13.0%
Equity and liabilities €3.3m
Equity
€900,152 ▲ 7.5%
Debt
€2.4m ▲ 5.6%
Debt's share of the balance-sheet total falls from 72.9% to 72.6%. Equity and debt are higher.
Key figures and ratios
Key figures and ratios
EBITDA
€222,017▼
2024 · €224,944
Cash flow
€202,984▼
2024 · €215,398
Debt to equity
2.65▼
2024 · 2.70
ROE
7.0%▼
2024 · 11.3%
Interest coverage
19.86▼
2024 · 20.54
Debt ≤ 1 year
€552,167▲
2024 · €423,657
Debt > 1 year
€1.4m=
2024 · €1.4m
Income taxes
€8,305▲
2024 · €441
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,681 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 97% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.1%
went bankrupt
1.9%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 4,681 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €105,744 | €148,351 | €107,158 | €120,400 | €140,387 | ▲ 16.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €2,292 | - | €53 | - | - |
| Other operating charges640/8 | - | €22,234 | €46,976 | €106,749 | €109,657 | ▲ 2.7% |
| Non-recurring operating charges66A | - | - | €300,098 | - | - | - |
| Gross operating margin9900 | €155,519 | €332,145 | €320,488 | €331,745 | €331,675 | = |
| Operating profit (loss)9901 | €27,290 | €159,267 | -€133,744 | €104,544 | €81,630 | ▼ 21.9% |
| Financial income75/76B | - | €3 | €1,922 | €1,847 | €452 | ▼ 75.5% |
| Recurring financial income75 | €4 | €3 | €7 | €1,847 | €452 | ▼ 75.5% |
| Non-recurring financial income76B | - | - | €1,915 | - | - | - |
| Financial charges65/66B | - | €10,599 | €10,737 | €10,952 | €11,180 | ▲ 2.1% |
| Recurring financial charges65 | €11,602 | €10,599 | €10,737 | €10,952 | €11,180 | ▲ 2.1% |
| Profit (loss) for the period before taxes9903 | €15,692 | €148,671 | -€142,559 | €95,439 | €70,903 | ▼ 25.7% |
| Income taxes67/77 | €4,399 | €38,664 | €1,846 | €441 | €8,305 | ▲ 1,782% |
| Profit (loss) for the period9904 | €11,293 | €110,008 | -€144,406 | €94,998 | €62,597 | ▼ 34.1% |
| Profit (loss) for the period to be appropriated9905 | €11,293 | €110,008 | -€144,406 | €94,998 | €62,597 | ▼ 34.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.1m | €3.2m | €3.1m | €3.1m | €3.3m | ▲ 6.1% |
| Fixed assets21/28 | €2.2m | €2.4m | €2.1m | €2.4m | €2.7m | ▲ 11.6% |
| Tangible fixed assets22/27 | €2.2m | €2.4m | €2.1m | €2.4m | €2.7m | ▲ 11.6% |
| Land and buildings22 | - | €2.3m | €2.0m | €2.2m | €2.2m | ▼ 0.8% |
| Plant, machinery and equipment23 | - | €0.1m | €0.2m | €0.2m | €0.5m | ▲ 128% |
| Furniture and vehicles24 | - | €0.002m | €0.001m | - | €0.002m | - |
| Current assets29/58 | €1.0m | €0.8m | €1.0m | €0.7m | €0.6m | ▼ 13.0% |
| Amounts receivable within one year40/41 | €0.7m | €0.6m | €0.6m | €0.5m | €0.6m | ▲ 7.2% |
| Trade receivables40 | - | €0.6m | €0.6m | €0.5m | €0.6m | ▲ 6.9% |
| Other amounts receivable41 | - | - | €0.01m | €112 | €0.002m | ▲ 1,533% |
| Current investments50/53 | €0.005m | €0.005m | €0.005m | €0.005m | €0.005m | = |
| Cash at bank and in hand54/58 | €0.3m | €0.2m | €0.4m | €0.1m | €0.01m | ▼ 88.5% |
| Deferred charges and accrued income490/1 | - | €0.04m | €0.01m | €0.02m | €0.003m | ▼ 85.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.1m | €3.2m | €3.1m | €3.1m | €3.3m | ▲ 6.1% |
| Equity10/15 | €2.1m | €2.2m | €0.7m | €0.8m | €0.9m | ▲ 7.5% |
| Contributions10/11 | - | €1.5m | €0.2m | €0.2m | €0.2m | = |
| Reserves13 | €0.6m | €0.7m | €0.6m | €0.7m | €0.7m | ▲ 9.6% |
| Non-distributable reserves130/1 | - | €0.04m | - | - | - | - |
| Reserves not available under the articles1311 | - | €0.04m | - | - | - | - |
| Distributable reserves133 | - | €0.7m | €0.6m | €0.7m | €0.7m | ▲ 9.6% |
| Amounts payable17/49 | €1.0m | €1.0m | €2.4m | €2.3m | €2.4m | ▲ 5.6% |
| Amounts payable after more than one year17 | €0.07m | €0.07m | €1.4m | €1.4m | €1.4m | = |
| Financial debts170/4 | - | €0.07m | €1.4m | €1.4m | €1.4m | = |
| Other amounts payable178/9 | - | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Amounts payable within one year42/48 | €0.4m | €0.5m | €0.5m | €0.4m | €0.6m | ▲ 30.3% |
| Trade debts44 | €0.002m | €0.001m | €0.07m | €0.02m | €0.04m | ▲ 56.3% |
| Suppliers440/4 | - | €0.001m | €0.07m | €0.02m | €0.04m | ▲ 56.3% |
| Taxes, remuneration and social security45 | - | €0.05m | €0.02m | €0.006m | €0.01m | ▲ 99.1% |
| Taxes450/3 | - | €0.05m | €0.02m | €0.006m | €0.01m | ▲ 99.1% |
| Other amounts payable47/48 | - | €0.4m | €0.4m | €0.4m | €0.5m | ▲ 27.6% |
| Accrued charges and deferred income492/3 | - | €0.5m | €0.4m | €0.4m | €0.4m | ▼ 0.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,293 | €110,008 | -€144,406 | €94,998 | €62,597 | ▼ 34.1% |
| + Depreciation and write-downs630 | €105,744 | €148,351 | €107,158 | €120,400 | €140,387 | ▲ 16.6% |
| Operating cash flow (approximation) | €117,037 | €258,359 | -€37,248 | €215,398 | €202,984 | ▼ 5.8% |
| Investment in fixed assets (approximation) | - | -€394,803 | €155,449 | -€390,991 | -€419,318 | ▼ 7.2% |
| Change in cash | - | -€67,910 | €115,152 | -€229,442 | -€108,094 | ▲ 52.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
Y&E INVEST
BE 0837.611.133
Jabbeke · Eq €900,234
PROMATEC
BE 0467.303.438
Gent · Eq €900,243
PLUDO
BE 0501.949.066
Dendermonde · Eq €900,247
DESQUIN
BE 0863.466.779
Ronse · Eq €899,997
Exeleon
BE 0670.826.858
Antwerpen · Eq €899,961
Of 82,601 companies in this sector we hold annual accounts for 52,629. 29,026 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
13 eventsLatest 28-04-2026Next filing 30-04-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Back to profitnet €94,998
Net result €94,998 after one loss-making year.
20-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Weakest financial yearnet -€144,406
Net result drops to -€144,406, the lowest in the series; recovery starts the following year.
10-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Highest result since 2019net €110,008 ▲874%
Operating result €159,267, net result €110,008, both a record.
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
03-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
15-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Company details
Private limited company · founded 26-08-1983Year ends 30-09Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded26-08-1983
Fiscal year end30-09
Activities, NACEBEL 2025
70200Business and other management consultancy
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID
0208:0424610273
Registered
05-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Moorslede · 1 establishment unit since 2001
Ground area
947 m²
Building footprint
212 m²
Volume, LiDAR
1,062 m³
Parcel 36003A0759/00D002, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
F B M
since 2001unit no. 2.023.026.060
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36003A0759/00D002 | Flanders | 947 m² | 1 · 212 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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