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F.B. MANAGEMENT

Active Private limited companyfounded 2000active for 26 yearsElf-Julistraat 39, 8000 BrugesKBO/BCE: BE 0472.518.771

Lifetime

19 annual accounts with figures on one time axis, 25 filings since 2001
Gross marginpeak €112,759 (2024)
€76,774▼ 31.9%
Resultlowest -€41,994 (2017)
€37,627▼ 55.0%
Equitypeak €82,562 (2025)
€82,562▲ 83.7%
Debts
€43,024▼ 14.9%
Board1 name since 2023
1 directorBeuls Francis
Documentsfilings and deeds
05-08-20265 days late
2025micro format
Gross margin from €112,759 to €76,774Result from €83,681 to €37,627Equity from €44,934 to €82,562Cash from €12,837 to €24,362

Key points

from the 2025 annual accounts

Equity

€82,562 ▲ 83.7%

F.B. MANAGEMENT has made a profit without a break since 2023.

Turnover

≈ €160,000 estimated

The accounts state no turnover.

Filings

25 annual accounts since 2001
AprilJune31 JulyOctober20102020

Seven of the last ten came late. The 2017 accounts came latest: 202 days after the end of the period.

Checked score

97
Excellent
Financially stronger than 75% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 48,544 companies (NACE 70, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.3%▲ +0.1 percentage points vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.5%▲ +0.2 percentage points vs 05-2025highest value 07-2025: 0.1%▼ -0.4 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: < 0.1%▼ -0.2 percentage points vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

Solvency
91+19equity 65.7% of total assets
Liquidity
74+8short-term debt 10.1% · cash 19.4%
Profitability
100=return on assets 30.0%

Score breakdown

lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Liquidity: current ratio 8.31, cash €24,362
Equity €82,562 (65.7% of total assets)
Size: total assets €125,586
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 61% of them on solvency, 66% on liquidity, 84% on profitability and 87% on growth.

The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 31,368 companies had the same profile as F.B. MANAGEMENT has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of F.B. MANAGEMENT itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 31,368 companies, not a prediction for F.B. MANAGEMENT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €8,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 8.31 (6.47 in 2024), above the usual 1.5. Short-term debt is 10.1% and cash 19.4% of total assets. 34.3% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Liquidity: current ratio 8.31, cash €24,362
NBB · annual accounts
lowers risk · Equity €82,562 (65.7% of total assets)
NBB · annual accounts
lowers risk · Size: total assets €125,586
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2025 accounts filed 5 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
5 days late
2024
43 days early
2023
2 days early
2022
30 days late
2021
25 days late
2020
9 days late
2019
59 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 12 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

BF
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0472518771
Resignation: Beuls Francis (manager) Reappointment: Beuls Francis (director) · Director discharge: Beuls Francis · General meeting of 05-10-2023 · Gazette deed
First establishment Elf-Julistraat 39, Bruges
Incorporation published on 05-08-2000 · Gazette deed
All 36 events

Comparable companies

same main activity, similar in size and age
Company Total assets Gross margin Solvency Staff
F.B. MANAGEMENT Bruges €125,586 €76,774 65.7% -
COMETA ADVIESBUREAU Kortrijk €135,738 €77,236 89.1% -
LA COMPAGNIE FINANCIERE SAINT PAUL BELGIUM Kortrijk €118,045 €73,255 94.2% -
ALJ CONSULTING Wezembeek-Oppem €134,355 €73,716 81.4% -
Folon & Partners Brussels €139,613 €77,432 -9.1% -
LUC DE VOS Herent €131,284 €72,568 94.8% -
BLACK SHEEP PRODUCTIONS Pelt €120,988 €68,265 39.7% -

These companies have the same main activity as F.B. MANAGEMENT: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €118,000 and €140,000, founded between 1999 and 2004.

Official details

Source: KBO
Status
Active since 28-07-2000Normal situation
Activity
Business and other management consultancyNACE 70200and 1 other
Establishment unit
2.123.561.7118000 Bruges, since 13-02-2003
Financial year end
31 December
Peppol
Reachable since 07-09-2026
Company details

Annual accounts 2025

Total assets
€125,586▲ 31.5%
Filing
Filed on 05-08-2026
Financials

Insights on F.B. MANAGEMENT

F.B. MANAGEMENT files the micro format. That format states no turnover. The gross margin rose from €40,013 in 2007 to €76,774 in 2025.

The balance sheet grew most from 2008 to 2010 through fixed assets, financed with long-term debt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about F.B. MANAGEMENT

What is the company number of F.B. MANAGEMENT?
The company number of F.B. MANAGEMENT is 0472.518.771. The VAT number is the same number with BE in front: BE 0472.518.771.
Where is F.B. MANAGEMENT based?
The registered office is at Elf-Julistraat 39, 8000 Bruges.Company details
What does F.B. MANAGEMENT do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of F.B. MANAGEMENT?
F.B. MANAGEMENT is a private limited company (BV).
When was F.B. MANAGEMENT founded?
F.B. MANAGEMENT was founded on 28-07-2000.
Is F.B. MANAGEMENT still active?
Yes, F.B. MANAGEMENT is an active enterprise in the KBO register.
What is the turnover of F.B. MANAGEMENT?
The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €76,774 and 119 comparable companies (NACE 70200). It probably lies between €120,000 and €200,000.Financials
Is F.B. MANAGEMENT profitable?
In financial year 2025, F.B. MANAGEMENT made a profit of €37,627.
Where can I find the annual accounts of F.B. MANAGEMENT?
F.B. MANAGEMENT filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of F.B. MANAGEMENT due?
F.B. MANAGEMENT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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