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F.G.M.

Active
Private limited companyfounded 2001active for 25 yearsRue de Genly 188, 7080 Frameries, BelgiumKBO/BCE: BE 0475.639.401
Summary

F.G.M. has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €193,623 and a net result of -€11,609. Equity has been growing by about 25% per year since 2018. Its solvency ranks better than 70% of 428 sector peers (NACE 23, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Overview

Official details

Source: KBO
Status
Active since 14-09-2001 Normal situation
Activity
Cutting, shaping and finishing of stone NACE 23700and 1 other
Establishment unit
2.098.396.644 7080 Frameries, since 24-09-2001
Financial year end
31 December
Peppol
Reachable since 20-11-2020

Board and ownership

Board
  • FRAGOMELLI BrunoDirector

Financial position

80 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Annual accounts 2025
Gross margin
€69,823
▼ 22.4%
Turnover
≈ €210,000
estimated
Loss
€11,609
Equity
€193,623
▼ 5.7%
Total assets
€287,234
▼ 10.3%
Employees on 31-12-2025
1
=
  • 2025 accounts filed 87 days after the deadline
Filed on 26-10-2026
Score breakdownraises riskLast filed accounts filed 87 days late; 2 of the last 3 accounts lateLoss of €11,609 (financial year 2025)lowers riskFounded in 2001Sector: Manufacture of other non-metallic mineral products (NACE 23)Show the evidence

Checked score

Score 2025
80 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 37% of micro companies in non-metallic mineral products (NACE 23)
Financial strength · tick: 2024
Average
Solvency 92+3
equity 67.4% of total assets
Liquidity 50-7
short-term debt 26.7% · cash 8.1%
Profitability 14-57
return on assets -4.0%
Bankruptcy probability within 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (857 companies, NACE 23, micro)
Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.5%▲ +0.1 percentage points vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025highest value 10-2025: 0.2%▼ -0.3 percentage points vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026lowest value 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.3%▲ +0.1 percentage points vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.5%▲ +0.2 percentage points vs 09-2026 11-2026: 0.5%● unchanged vs 10-2026
Credit of up to €15,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.58 (2.35 in 2024), above the usual 1.5. Short-term debt is 26.7% and cash 8.1% of total assets. 32.6% of the assets are financed with debt and provisions.
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 23, micro). It does better than 69% of them on solvency, 44% on liquidity, 12% on profitability and 25% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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

Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 87 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Loss of €11,609 (financial year 2025)
NBB · annual accounts
lowers risk · Founded in 2001
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Sector: Manufacture of other non-metallic mineral products (NACE 23)
KBO
raises risk · 2025 accounts filed 87 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-10-2026, 87 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
87 days late
2024
54 days late
2023
27 days late
2022
31 days late
2021
46 days late
2020
54 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 51 days after the deadline. In the sector (NACE 23), the median for financial year 2024 was 10 days before the deadline, and 34% 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. The company usually files around 15 September (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 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

Key points

  • Caution: Lower net result than 85% of companies in non-metallic mineral productssector median €6,096 · 427 companies -€11,609 View

Comparable companies

These companies have the same main activity as F.G.M.: cutting, shaping and finishing of stone (NACE 23700). They are comparable in size and age: total assets between €166,000 and €350,000, founded between 1998 and 2006.

CompanyTotal assetsGross margin
F.G.M. Frameries€287,234€69,823
PIERRES MARBRES GRANITS WALEM Mouscron€252,532€65,723
FAIRON Villers-le-Bouillet€296,225€58,584
Hoebeke - Haerinck Zwalm€209,216€89,311
MARQUET - VISE Visé€230,664€102,189
WALEM-LAURENT La Louvière€165,883€73,652
OPSOMER GENERATION DESIGN Liège€350,346€98,278
Full comparison

Key facts about F.G.M.

What is the company number of F.G.M.?
The company number of F.G.M. is 0475.639.401. The VAT number is the same number with BE in front: BE 0475.639.401.
Where is F.G.M. based?
The registered office is at Rue de Genly 188, 7080 Frameries.Company details
What does F.G.M. do?
According to the KBO register, the main activity is cutting, shaping and finishing of stone (NACE 23700).
What is the legal form of F.G.M.?
The legal form of F.G.M. is Private limited company (BV).
When was F.G.M. founded?
F.G.M. was founded on 14-09-2001.
Is F.G.M. still active?
Yes, F.G.M. is an active enterprise in the KBO register.
How many employees does F.G.M. have?
F.G.M. had an average of 1.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of F.G.M.?
The turnover in financial year 2025 is ≈ €210,000. This figure is estimated from the gross margin of €69,823 and 2,678 comparable companies of the same size. It probably lies between €140,000 and €360,000. It is a rough estimate.
Is F.G.M. profitable?
In financial year 2025, F.G.M. made a loss of €11,609.
Where can I find the annual accounts of F.G.M.?
F.G.M. filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of F.G.M. due?
F.G.M. must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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