F&M ARCH
ActiveSummary
F&M ARCH has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €30,088 and a net result of €18,363. Equity is shrinking by ~16.6% per year across the filed fiscal years. Its solvency ranks better than 92% of 17239 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency100=
Growth52▲+20
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity ample (current ratio 13.81 against 8.66 in 2024; short-term debt: 6.7% and cash: 18.2% of total assets), and 6.7% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
93.3%
Return on assets
57%
Age of the figures
9 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
22232425
2022 to 2025 · latest year €30,088
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
on the day
2024
23 d early
2023
27 d early
2022
3 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 13 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 18 July (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money How does this company compare with its sector?Sector benchmark
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€30,088▲ 157%
2024 · €11,725
Total assets
€32,240▲ 152%
2024 · €12,801
Net result
€18,363
2024 · -€5,550
Working capital
€27,563▲ 234%
2024 · €8,242
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 62, Computer programming, consultancy and related 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
Line2022202320242025
Operating result€33,284--€10,626-€5,493▲ 48.3%€19,358
Net result€23,959within the sector's middle half--€10,684below the sector's middle half-€5,550below the sector's middle half▲ 48.1%€18,363within the sector's middle half
Equity€27,959within the sector's middle half-€17,275below the sector's middle half▼ 38.2%€11,725below the sector's middle half▼ 32.1%€30,088within the sector's middle half▲ 157%
Total assets€34,570below the sector's middle half-€22,929below the sector's middle half▼ 33.7%€12,801below the sector's middle half▼ 44.2%€32,240below the sector's middle half▲ 152%
Debt€6,611-€5,654▼ 14.5%€1,076▼ 81.0%€2,152▲ 100.0%
Working capital€24,825within the sector's middle half-€12,834within the sector's middle half▼ 48.3%€8,242below the sector's middle half▼ 35.8%€27,563within the sector's middle half▲ 234%
Solvency80.9%above the sector's middle half-75.3%within the sector's middle half▼ 5.5pp91.6%above the sector's middle half▲ 16.3pp93.3%above the sector's middle half▲ 1.7pp
Current ratio4.76within the sector's middle half-3.27within the sector's middle half▼ 1.498.66above the sector's middle half▲ 5.3913.81above the sector's middle half▲ 5.15
Return on assets (ROA)69.3%above the sector's middle half--46.6%below the sector's middle half▼ 115.9pp-43.4%below the sector's middle half▲ 3.2pp57.0%above the sector's middle half▲ 100.3pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €19,358 after a loss of €5,493 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €32,240
Fixed assets
€2,525 ▼ 27.5%
Current assets
€29,715 ▲ 219%
Equity and liabilities €32,240
Equity
€30,088 ▲ 157%
Debt
€2,152 ▲ 100.0%
Debt's share of the balance-sheet total falls from 8.4% to 6.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€20,316▲
2024 · -€4,535
Cash flow
€19,321▲
2024 · -€4,592
Debt to equity
0.07▼
2024 · 0.09
ROE
61.0%▲
2024 · -47.3%
Interest coverage
366.71▲
2024 · -79.35
Debt ≤ 1 year
€2,152▲
2024 · €1,076
Income taxes
€940
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.8%
went bankrupt
2.3%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,340 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 39,278 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.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €256 | €843 | €958 | €958 | = |
| Other operating charges640/8 | - | - | €295 | €144 | ▼ 51.1% |
| Gross operating margin9900 | €33,540 | -€9,784 | -€4,240 | €20,460 | ▲ 583% |
| Operating profit (loss)9901 | €33,284 | -€10,626 | -€5,493 | €19,358 | ▲ 452% |
| Financial income75/76B | €3 | €5 | - | - | - |
| Recurring financial income75 | €3 | €5 | - | - | - |
| Financial charges65/66B | €20 | €63 | €57 | €55 | ▼ 3.1% |
| Recurring financial charges65 | €20 | €63 | €57 | €55 | ▼ 3.1% |
| Profit (loss) for the period before taxes9903 | €33,267 | -€10,684 | -€5,550 | €19,303 | ▲ 448% |
| Income taxes67/77 | €9,307 | - | - | €940 | - |
| Profit (loss) for the period9904 | €23,959 | -€10,684 | -€5,550 | €18,363 | ▲ 431% |
| Profit (loss) for the period to be appropriated9905 | €23,959 | -€10,684 | -€5,550 | €18,363 | ▲ 431% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €34,570 | €22,929 | €12,801 | €32,240 | ▲ 152% |
| Fixed assets21/28 | €3,135 | €4,441 | €3,483 | €2,525 | ▼ 27.5% |
| Tangible fixed assets22/27 | €2,385 | €3,691 | €2,733 | €1,775 | ▼ 35.0% |
| Furniture and vehicles24 | €2,385 | €3,691 | €2,733 | €1,775 | ▼ 35.0% |
| Financial fixed assets28 | €750 | €750 | €750 | €750 | = |
| Current assets29/58 | €31,436 | €18,488 | €9,318 | €29,715 | ▲ 219% |
| Amounts receivable within one year40/41 | - | €6,721 | €5,336 | €413 | ▼ 92.3% |
| Trade receivables40 | - | €1,563 | €185 | - | - |
| Other amounts receivable41 | - | €5,158 | €5,151 | €413 | ▼ 92.0% |
| Cash at bank and in hand54/58 | €31,436 | €11,521 | €3,742 | €5,874 | ▲ 57.0% |
| Deferred charges and accrued income490/1 | - | €246 | €240 | €23,428 | ▲ 9,680% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €34,570 | €22,929 | €12,801 | €32,240 | ▲ 152% |
| Equity10/15 | €27,959 | €17,275 | €11,725 | €30,088 | ▲ 157% |
| Contributions10/11 | €4,000 | €4,000 | €4,000 | €4,000 | = |
| Reserves13 | €23,959 | €23,959 | €23,959 | €26,088 | ▲ 8.9% |
| Distributable reserves133 | €23,959 | €23,959 | €23,959 | €26,088 | ▲ 8.9% |
| Profit (loss) carried forward14 | - | -€10,684 | -€16,235 | - | - |
| Amounts payable17/49 | €6,611 | €5,654 | €1,076 | €2,152 | ▲ 100.0% |
| Amounts payable within one year42/48 | €6,611 | €5,654 | €1,076 | €2,152 | ▲ 100.0% |
| Trade debts44 | €862 | €2,265 | €150 | - | - |
| Suppliers440/4 | €862 | €2,265 | €150 | - | - |
| Taxes, remuneration and social security45 | €2,925 | €1,307 | - | €940 | - |
| Taxes450/3 | €2,925 | €1,307 | - | €940 | - |
| Other amounts payable47/48 | €2,825 | €2,082 | €926 | €1,213 | ▲ 30.9% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23,959 | -€10,684 | -€5,550 | €18,363 | ▲ 431% |
| + Depreciation and write-downs630 | €256 | €843 | €958 | €958 | = |
| Operating cash flow (approximation) | €24,216 | -€9,842 | -€4,592 | €19,321 | ▲ 521% |
| Investment in fixed assets (approximation) | - | -€2,149 | €0 | €0 | - |
| Change in cash | - | -€19,914 | -€7,779 | €2,132 | ▲ 127% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
27-07
State Gazette act
Resignations: Frederik Vanderstraeten (non-statutory director) and Marieke Blanchart (non-statutory director)Appointments: Jo Bourdeaud'hui (non-statutory director) and Steffi Van der Linden (non-statutory director) · Permanent representative: Jeroen Vanderlinden · Registered-office move8 facts ▸
State Gazette act
Resignations: Frederik Vanderstraeten (non-statutory director) and Marieke Blanchart (non-statutory director)
Appointments: Jo Bourdeaud'hui (non-statutory director) and Steffi Van der Linden (non-statutory director) · Permanent representative: Jeroen Vanderlinden · Registered-office move8 facts ▸
- General meeting, 01-04-2026
- Director resignation, Frederik Vanderstraeten (non-statutory director)
- Director resignation, Marieke Blanchart (non-statutory director)
- Director appointment, Jo Bourdeaud'hui (non-statutory director)
- Director appointment, Steffi Van der Linden (non-statutory director)
- Registered-office move, Astridlaan 181/2, 9500 Geraardsbergen
- Power of attorney, BV Norgay Accountants
- Permanent representative, Jeroen Vanderlinden (permanent representative)
2025
31-12
Financial
Back to profitnet €18,363
Net result €18,363 after 2 loss-making years.
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 8.66
Current ratio from 3.27 to 8.66; short-term debt falls from €5,654 to €1,076.
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€10,684
Net result drops to -€10,684, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 2 acts read
About the unread acts
Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 directors, last change in 2026
Jo Bourdeaud'hui
CurrentNon-statutory director · since 01-04-2026
Steffi Van der Linden
CurrentNon-statutory director · since 01-04-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
1 of this company's 2 Belgian State Gazette acts has not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Geraardsbergen · 2 establishment units since 2022
Ground area
1.3 ha
Building footprint
3,408 m²
Volume, LiDAR
16,705 m³
2 parcels, Flanders · tallest building 21.7 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
F&M ARCH
since 20222.330.838.635
Coloured by Tapigro
since 20262.392.424.826
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41059A0121/00K002 | Flanders | 7,090 m² | 1 · 2,967 m² | 21.7 m · 2 fl. |
| 45502A0457/00V000 | Flanders | 5,651 m² | 1 · 441 m² | 12.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
4 people since 2026, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Jo Bourdeaud'hui |
|
| Steffi Van der Linden |
|
| Frederik Vanderstraeten |
|
| Marieke Blanchart |
|
Structure & network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
+N: links not shown yet
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Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 301 EUR awarded · 540 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 0 EUR | 239 EUR |
| 2022 | 1 | 301 EUR | 301 EUR |
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Of 29,996 companies in sector 62200 we hold annual accounts for 18,397. 14,250 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded29-04-2022
Fiscal year end31-12
Activities, NACEBEL 2025
43310Plastering work
62200Computer consultancy and computer facilities management
31004Manufacture of dining room, living room, bedroom and bathroom furniture
31009Manufacture of furniture
43211General electrical installation work
70200Business and other management consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0785554597
Also
9925:BE0785554597
Registered
24-11-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.