F.M. AUTO’S
ActiveThe computed 12-month bankruptcy probability of F.M. AUTO’S is 3.3% (moderate). The annual accounts of F.M. AUTO’S for fiscal year 2024 show a net loss of 60% of total assets and of 96% of the equity at the start of that year. The 2024 annual accounts show equity of €686 and a net result of €-18k. Equity is shrinking by ~126.2% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 24% of 26046 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
24
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency27▼-16
Growth32=
Track record94
Bankruptcy probability, 12 months
3.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.0 against 1.15 in 2023; short-term debt: 97.7% and cash: 6.7% of total assets), and 97.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
2.3%
Return on assets
-60.1%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
222324
2022 to 2024 · latest year €-18k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 26046 sector peers (2024).
NBB · sector comparisonPosition among 26046 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-06-2025, 57 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
57 d early
2023
35 d early
2022
40 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€686▼ 96.3%
2023 · €19k
2022: €48k
2023: €19k
2022 → 2024
Total assets
€30k▼ 71.2%
2023 · €104k
2022: €78k
2023: €104k
2022 → 2024
Net result
€-18k▲ 38.2%
2023 · €-29k
2022: €45k
2023: €-29k
2022 → 2024
Working capital
€84▼ 99.3%
2023 · €12k
2022: €49k
2023: €12k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€48k-€19k▼ 60.9%€686▼ 96.3%
Operating result€56k-€-29k€-18k▲ 39.0%
Net result€45k-€-29k€-18k▲ 38.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €18k in 2024 against €29k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €30k
Fixed assets
€602▼ 92.9%
Current assets
€29k▼ 69.3%
Equity and liabilities €30k
Equity
€686▼ 96.3%
Debt
€29k▼ 65.6%
The debt ratio rises from 82.0% to 97.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-18k▲
2023 · €-28k
Cash flow
€-18k▲
2023 · €-28k
Solvency
2.3%▼
2023 · 18.0%
Current ratio
1.00▼
2023 · 1.15
Quick ratio
0.19▲
2023 · 0.18
ROA
-60.1%▼
2023 · -28.1%
Interest coverage
-68.77▲
2023 · -164.15
Debt
€29k▼
2023 · €85k
Debt ≤ 1 year
€29k▼
2023 · €84k
Income taxes
€119▲
2023 · €75
Equity ratios withheld: equity of €686 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€104k€30k▼
Fixed assets21/28€8k€602▼
Tangible fixed assets22/27€8k€602▼
Furniture and vehicles24€8k€602▼
Current assets29/58€96k€29k▼
Stocks and contracts in progress3€81k€24k▼
Stocks30/36€81k€24k▼
Amounts receivable within one year40/41€10k€2k▼
Trade receivables40€1k€217▼
Other amounts receivable41€9k€2k▼
Cash at bank and in hand54/58€3k€2k▼
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€104k€30k▼
Equity10/15€19k€686▼
Contributions10/11€3k€3k=
Reserves13€45k€45k=
Distributable reserves133€45k€45k=
Profit (loss) carried forward14€-29k€-47k▼
Amounts payable17/49€85k€29k▼
Amounts payable within one year42/48€84k€29k▼
Trade debts44€26k-
Suppliers440/4€26k-
Taxes, remuneration and social security45€11k€1k▼
Taxes450/3€9k€1k▼
Remuneration and social security454/9€2k-
Other amounts payable47/48€47k€28k▼
Accrued charges and deferred income492/3€2k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€173▼
Other operating charges640/8€2k€4k▲
Non-recurring operating charges66A-€629
Gross operating margin9900€-26k€-13k▲
Operating profit (loss)9901€-29k€-18k▲
Financial income75/76B€3-
Recurring financial income75€3-
Financial charges65/66B€169€255▲
Recurring financial charges65€169€255▲
Profit (loss) for the period before taxes9903€-29k€-18k▲
Income taxes67/77€75€119▲
Profit (loss) for the period9904€-29k€-18k▲
Profit (loss) for the period to be appropriated9905€-29k€-18k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-29k€-47k▼
Profit (loss) brought forward from the previous period14P-€-29k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
04-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-29k ▼165%
Net result drops to €-29k, the lowest in the series; recovery starts the following year.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Maasmechelen · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Koninginnelaan(E) 33630 MaasmechelenGround area
1,716 m²
Building footprint
372 m²
Volume, LiDAR
2,363 m³
2 parcels, Flanders · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
F.M. AUTO’S
since 20222.332.591.464
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73013C0416/00A000 | Flanders | 1,280 m² | 1 · 173 m² | 10.0 m · 1 fl. |
| 71302A0032/00T006 | Flanders | 437 m² | 1 · 199 m² | 11.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
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LKD CARS
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ME PRO
BE 0785.628.536
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K.A. MOTORS
BE 0547.770.579
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Of 10,672 companies in sector 47811 we hold annual accounts for 5,223. 495 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-06-2022
Fiscal year end31-12
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
45112
46180Agents specialised in the wholesale of other particular products
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.