Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
Every financial year from 2015 to 2025 closed with a loss. 2023 was the heaviest.
The micro format states no turnover.
Of this, €335,212 falls due within a year.
The last five annual accounts were filed 3 to 44 days before the end of the period.
Lower solvency than 95% of companies in real estate. Sector median 31.0% · 19,803 companies.
In July 2024, 6,618 companies had the same profile as F.M. CONSTRUCT has now. Each dot stands for 17 companies, two years later.
Another 1.0% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,331 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 6,618 companies, not a prediction for F.M. CONSTRUCT. 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.
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.
| Company | ||||
|---|---|---|---|---|
| F.M. CONSTRUCT Sint-Lievens-Houtem | €134,062 | €37,290 | -196.9% | - |
| DFE Aalter | €149,504 | €40,298 | 88.8% | - |
| MEEZE BOSSAER Bredene | €162,479 | €37,148 | 77.3% | - |
| Centre Montois d'Etudes Immobilières Mons | €161,180 | €35,877 | 77.6% | - |
| IMPACT CONSULTING Hasselt | €160,630 | €45,034 | -141.6% | - |
| BPI INVEST Jette | €111,881 | €41,179 | 30.9% | 0.5 |
| Comptabilité Contracts Management Jette | €137,410 | €22,741 | 71.1% | - |
These companies have the same main activity as F.M. CONSTRUCT: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €112,000 and €162,000, founded between 1989 and 1993.
F.M. CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from -€42,251 in 2006 to €37,290 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €100,000. Estimated: probably between €56,000 and €210,000.
Lower than 95% of 19,803 companies in 2025.
Higher than 25% of 18,977 companies in 2025.
Higher than 8% of 19,446 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
134,062 | 165,850 | 207,180 | 248,468 | 267,740 | 304,471 | 349,030 | 387,976 | 432,211 | 494,328 | 536,164 | 569,938 | 539,555 | 571,742 | 604,953 | 663,343 | 724,303 | 781,249 | 964,190 | 1.1m | |
21/28 |
14,179 | 60,468 | 109,519 | 163,391 | 220,373 | 272,809 | 317,168 | 370,444 | 420,075 | 472,414 | 526,435 | 554,368 | 528,711 | 562,491 | 603,500 | 661,827 | 720,155 | 778,482 | 836,809 | 1,500 | |
22/27 |
12,679 | 58,968 | 108,019 | 161,891 | 218,873 | 271,309 | 315,668 | 368,944 | 418,575 | 470,914 | 524,935 | 552,868 | 527,211 | 560,991 | 602,000 | 660,327 | 718,655 | 776,982 | 835,309 | - | |
22 |
11,104 | 57,185 | 106,026 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
23 |
1,575 | 1,784 | 1,993 | 161,891 | 218,873 | 271,309 | 315,668 | 368,944 | 418,575 | 470,914 | 524,935 | 552,868 | 521,140 | 559,000 | 602,000 | 645,000 | 688,000 | 731,000 | 774,000 | - | |
24 |
- | - | - | - | - | - | - | - | - | - | - | - | 6,071 | 1,991 | - | 15,327 | 1,769 | 2,654 | 3,538 | - | |
28 |
1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | |
29/58 |
119,883 | 105,382 | 97,661 | 85,078 | 47,367 | 31,662 | 31,862 | 17,532 | 12,136 | 21,914 | 9,729 | 15,569 | 10,843 | 9,250 | 1,453 | 1,516 | 4,149 | 2,767 | 127,382 | 1.1m | |
3 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 584,401 | |
30/36 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 584,401 | |
40/41 |
6,473 | 4,262 | 2,393 | 2,848 | 1,456 | - | - | - | - | - | - | 3 | - | - | 1 | 604 | 21 | 16 | 545 | 8,260 | |
40 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 604 | - | - | - | 1,040 | |
41 |
6,473 | 4,262 | 2,393 | 2,848 | 1,456 | - | - | - | - | - | - | 3 | - | - | 1 | - | 21 | 16 | 545 | 7,220 | |
50/53 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 500,000 | |
54/58 |
110,759 | 98,619 | 94,787 | 82,076 | 45,899 | 31,662 | 31,737 | 17,532 | 12,136 | 21,914 | 9,729 | 15,567 | 10,843 | 9,250 | 714 | 762 | 3,946 | 2,752 | 126,836 | 53,517 | |
490/1 |
2,651 | 2,501 | 480 | 154 | 12 | - | 125 | - | - | - | - | - | - | - | 738 | 150 | 181 | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
134,062 | 165,850 | 207,180 | 248,468 | 267,740 | 304,471 | 349,030 | 387,976 | 432,211 | 494,328 | 536,164 | 569,938 | 539,555 | 571,742 | 604,953 | 663,343 | 724,303 | 781,249 | 964,190 | 1.1m | |
10/15 |
-263,919 | -246,459 | -229,662 | -195,008 | -176,036 | -146,735 | -114,918 | -94,456 | -73,397 | -46,358 | -30,460 | -3,975 | -12,942 | 12,778 | 31,185 | 72,952 | -419 | 61,014 | 187,609 | 275,514 | |
10/11 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | |
10 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | |
13 |
9,146 | 9,146 | 9,146 | 9,146 | 9,146 | 9,146 | 9,146 | 9,146 | 9,146 | 9,146 | 9,146 | 9,146 | 9,146 | 9,146 | 9,146 | 9,146 | 287,774 | 296,807 | 304,789 | 314,872 | |
130/1 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 2,552 | 2,552 | 2,552 | 2,552 | |
132 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 282,276 | 291,309 | 299,291 | 309,374 | |
133 |
2,946 | 2,946 | 2,946 | 2,946 | 2,946 | 2,946 | 2,946 | 2,946 | 2,946 | 2,946 | 2,946 | 2,946 | 2,946 | 2,946 | 2,946 | 2,946 | 2,946 | 2,946 | 2,946 | 2,946 | |
14 |
-335,064 | -317,605 | -300,808 | -266,154 | -247,182 | -217,881 | -186,064 | -165,602 | -144,542 | -117,504 | -101,606 | -75,121 | -84,088 | -58,368 | -39,961 | 1,806 | -350,193 | -297,792 | -179,180 | -101,358 | |
16 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 145,415 | 150,068 | 154,180 | 159,375 | |
168 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 145,415 | 150,068 | 154,180 | 159,375 | |
17/49 |
397,981 | 412,309 | 436,842 | 443,476 | 443,776 | 451,205 | 463,948 | 482,432 | 505,607 | 540,687 | 566,624 | 573,913 | 552,497 | 558,964 | 573,768 | 590,392 | 579,308 | 570,167 | 622,402 | 712,790 | |
17 |
61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 121,916 | 137,748 | 181,522 | 224,266 | 280,279 | 298,406 | |
170/4 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 59,943 | 75,774 | 181,522 | 224,266 | 280,279 | 298,406 | |
178/9 |
61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | - | - | - | - | |
42/48 |
335,212 | 348,691 | 374,868 | 380,793 | 381,092 | 388,538 | 401,974 | 419,162 | 443,017 | 472,485 | 497,752 | 511,354 | 489,938 | 494,505 | 450,022 | 450,911 | 396,672 | 345,375 | 342,122 | 414,384 | |
42 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 15,831 | 43,775 | 42,744 | 56,013 | 52,830 | 34,597 | |
44 |
382 | 1,671 | 3,348 | 4,822 | 4,122 | 3,873 | 4,074 | 4,913 | 9,418 | 4,177 | 4,592 | 10,678 | 33,902 | 37,120 | 50,349 | 33,235 | 41,592 | 38,411 | 41,922 | 98,771 | |
440/4 |
382 | 1,671 | 3,348 | 4,822 | 4,122 | 3,873 | 4,074 | 4,913 | 9,418 | 4,177 | 4,592 | 10,678 | 33,902 | 37,120 | 50,349 | 33,235 | 41,592 | 38,411 | 41,922 | 98,771 | |
45 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 15,000 | - | 1,389 | 17,234 | 342 | |
450/3 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 15,000 | - | 1,389 | 17,234 | 342 | |
47/48 |
334,830 | 347,020 | 371,520 | 375,970 | 376,970 | 384,665 | 397,900 | 414,249 | 433,599 | 468,307 | 493,159 | 500,677 | 456,037 | 457,385 | 383,842 | 358,901 | 312,336 | 249,562 | 230,136 | 280,674 | |
492/3 |
795 | 1,645 | - | 710 | 710 | 694 | - | 1,297 | 617 | 6,229 | 6,899 | 585 | 585 | 2,485 | 1,830 | 1,734 | 1,114 | 525 | - | - | |
| Income statement | |||||||||||||||||||||
76A |
- | - | - | 2,611 | - | - | - | - | - | - | - | - | - | - | - | 2,300 | - | - | 6,870 | 484,438 | |
9900 |
37,290 | 40,511 | 29,157 | 45,298 | 34,970 | 31,925 | 42,734 | 43,289 | 41,165 | 42,109 | 37,007 | 69,713 | 25,790 | 38,603 | 28,474 | 17,380 | 13,172 | -48,105 | -11,850 | -42,251 | |
630 |
46,289 | 49,051 | 55,964 | 56,982 | 57,036 | 56,518 | 56,384 | 57,669 | 56,592 | 56,962 | 56,816 | 54,008 | 45,163 | 43,498 | 58,327 | 61,968 | 58,327 | 58,327 | 58,327 | 319 | |
640/8 |
8,719 | 8,432 | 8,095 | 7,403 | 7,240 | 7,189 | 6,782 | 6,650 | 11,589 | 1,026 | 6,658 | 6,686 | 6,269 | 6,100 | 5,996 | 6,088 | 9,562 | 11,344 | 15,236 | 4,133 | |
66A |
- | - | - | - | - | - | - | - | - | - | - | 50 | - | 232 | 19 | - | - | 1,039 | 38 | - | |
9901 |
-17,718 | -16,972 | -34,901 | -19,087 | -29,306 | -31,782 | -20,432 | -21,030 | -27,016 | -15,879 | -26,467 | 9,020 | -25,643 | -10,994 | -35,849 | -50,676 | -54,717 | -117,776 | -85,413 | -46,704 | |
75/76B |
299 | 213 | 286 | 154 | 41 | 0 | 0 | 0 | 8 | 8 | 11 | 16 | 9 | 138 | 5 | 4 | 152 | 3,263 | 4,998 | 9,240 | |
75 |
299 | 213 | 286 | 154 | 41 | 0 | 0 | 0 | 8 | 8 | 11 | 16 | 9 | 138 | 5 | 4 | 152 | 3,263 | 4,998 | 9,240 | |
65/66B |
40 | 38 | 38 | 38 | 35 | 35 | 29 | 29 | 29 | 27 | 27 | 19 | 84 | 7,318 | 5,952 | 8,671 | 11,522 | 15,154 | 18,742 | 27,646 | |
65 |
40 | 38 | 38 | 38 | 35 | 35 | 29 | 29 | 29 | 27 | 27 | 19 | 84 | 7,318 | 5,952 | 8,671 | 11,522 | 15,154 | 18,742 | 27,646 | |
9903 |
-17,459 | -16,797 | -34,654 | -18,972 | -29,301 | -31,817 | -20,462 | -21,060 | -27,038 | -15,899 | -26,483 | 8,967 | -25,718 | -18,407 | -41,815 | -57,043 | -66,087 | -130,706 | -92,325 | 419,328 | |
67/77 |
- | - | - | - | - | - | - | - | - | - | 2 | - | 2 | 0 | -48 | 15,001 | - | - | 775 | - | |
9904 |
-17,459 | -16,797 | -34,654 | -18,972 | -29,301 | -31,817 | -20,462 | -21,060 | -27,038 | -15,899 | -26,485 | 8,967 | -25,720 | -18,407 | -41,767 | 73,371 | -61,434 | -126,594 | -87,906 | 259,953 | |
789 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 282,276 | 9,033 | 7,983 | 10,083 | - | |
689 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 309,374 | |
9905 |
-17,459 | -16,797 | -34,654 | -18,972 | -29,301 | -31,817 | -20,462 | -21,060 | -27,038 | -15,899 | -26,485 | 8,967 | -25,720 | -18,407 | -41,767 | 355,647 | -52,401 | -118,612 | -77,822 | -49,421 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
-335,064 | -317,605 | -300,808 | -266,154 | -247,182 | -217,881 | -186,064 | -165,602 | -144,542 | -117,504 | -101,606 | -75,121 | -84,088 | -58,368 | -39,961 | 5,454 | -350,193 | -297,792 | -179,180 | -101,358 | |
14P |
-317,605 | -300,808 | -266,154 | -247,182 | -217,881 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3,648 | - | - | - | - | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3,648 | - | - | - | - | |
| Document | |||||||||||||||||||||
The accounts for 14 older financial years (1992-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 28-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 28-07-2026 | 2026-00339359 | |
| 31-12-2024 | micro format | 21-06-2025 | 2025-00160698 | |
| 31-12-2023 | micro format | 23-07-2024 | 2024-00277634 | |
| 31-12-2022 | micro format | 08-07-2023 | 2023-00217305 | |
| 31-12-2021 | micro format | 17-06-2022 | 2022-20070183 | |
| 31-12-2020 | micro format | 10-07-2021 | 2021-34000474 | |
| 31-12-2019 | micro format | 28-07-2020 | 2020-35000505 | |
| 31-12-2018 | micro format | 11-07-2019 | 2019-31500017 | |
| 31-12-2017 | micro format | 21-07-2018 | 2018-37800374 | |
| 31-12-2016 | micro format | 20-06-2017 | 2017-20000384 | |
| 31-12-2015 | abbreviated format | 29-08-2016 | 2016-50500489 | |
| 31-12-2014 | abbreviated format | 17-06-2015 | 2015-18300474 | |
| 31-12-2013 | abbreviated format | 29-08-2014 | 2014-56300584 | |
| 31-12-2012 | abbreviated format | 22-07-2013 | 2013-33200582 | |
| 31-12-2011 | abbreviated format | 23-08-2012 | 2012-44200558 | |
| 31-12-2010 | abbreviated format | 06-07-2011 | 2011-26600314 | |
| 31-12-2009 | abbreviated format | 26-08-2010 | 2010-45900583 | |
| 31-12-2008 | abbreviated format | 27-07-2009 | 2009-48400092 | |
| 31-12-2007 | abbreviated format | 11-07-2008 | 2008-39900084 | |
| 31-12-2006 | abbreviated format | 02-08-2007 | 2007-53700295 | |
| 31-12-2005 | abbreviated format | 13-07-2006 | 2006-46501271 | |
| 31-12-2004 | abbreviated format | 06-07-2005 | 2005-43405042 | |
| 31-12-2003 | abbreviated format | 30-07-2004 | 2004-56604306 | |
| 31-12-2002 | abbreviated format | 29-09-2003 | 2003-70105136 | |
| 31-12-2001 | abbreviated format | 09-09-2002 | 2002-54503052 | |
| 31-12-2000 | abbreviated format | 20-07-2001 | 2001-41103889 | |
| 31-12-1999 | abbreviated format | 22-06-2000 | 2000-26600844 | |
| 31-12-1998 | abbreviated format | 12-11-1999 | 1999-58404411 | |
| 31-12-1997 | abbreviated format | 18-11-1998 | 1998-58000961 | |
| 31-12-1996 | abbreviated format | 25-07-1997 | 1997-33702095 | |
| 31-12-1995 | abbreviated format | 26-06-1996 | 1996-23604311 | |
| 31-12-1994 | abbreviated format | 18-08-1995 | 1995-46201082 | |
| 31-12-1993 | abbreviated format | 24-06-1994 | 1994-19603929 | |
| 31-12-1992 | abbreviated format | 23-08-1993 | 1993-32801012 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 28,571 | 32,079 | 21,062 | 37,895 | 27,730 | 24,736 | 35,952 | 36,639 | 29,576 | 41,083 | 30,349 | 63,027 | 19,520 | 32,504 | 22,478 | 11,292 | 3,610 | -59,449 | -27,086 | -46,385 | ||
| 28,830 | 32,253 | 21,309 | 38,010 | 27,735 | 24,701 | 35,923 | 36,610 | 29,554 | 41,064 | 30,331 | 62,975 | 19,443 | 25,091 | 16,561 | 135,339 | -3,106 | -68,267 | -29,578 | 260,272 | ||
| 0 | 0 | 2,092 | 0 | 4,600 | 12,159 | 3,108 | 8,039 | 4,253 | 2,942 | 28,883 | 79,665 | 11,383 | 2,489 | 0 | 3,641 | 0 | 0 | 893,636 | - | ||
| 12,141 | 3,831 | 12,711 | 36,177 | 14,238 | -75 | 14,205 | 5,396 | -9,778 | 12,185 | -5,838 | 4,723 | 1,593 | 8,536 | -48 | -3,185 | 1,195 | -124,084 | 73,319 | - | ||
| -215,329 | -243,310 | -277,208 | -295,715 | -333,725 | -356,876 | -370,112 | -401,630 | -430,881 | -450,570 | -488,023 | -495,785 | -479,095 | -485,255 | -448,569 | -449,395 | -392,523 | -342,608 | -214,741 | 731,795 | ||
| -196.9% | -148.6% | -110.9% | -78.5% | -65.7% | -48.2% | -32.9% | -24.3% | -17.0% | -9.4% | -5.7% | -0.7% | -2.4% | 2.2% | 5.2% | 11.0% | -0.1% | 7.8% | 19.5% | 24.0% | ||
| 0.36 | 0.30 | 0.26 | 0.22 | 0.12 | 0.08 | 0.08 | 0.04 | 0.03 | 0.05 | 0.02 | 0.03 | 0.02 | 0.02 | 0.00 | 0.00 | 0.01 | 0.01 | 0.37 | 2.77 | ||
| 0.36 | 0.30 | 0.26 | 0.22 | 0.12 | 0.08 | 0.08 | 0.04 | 0.03 | 0.05 | 0.02 | 0.03 | 0.02 | 0.02 | 0.00 | 0.00 | 0.01 | 0.01 | 0.37 | 1.36 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | 43.74 | 18.40 | 8.09 | - | 9.34 | 3.32 | 2.59 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | -144.0% | -133.9% | 100.6% | - | -207.5% | -46.9% | 94.4% | ||
| -13.0% | -10.1% | -16.7% | -7.6% | -10.9% | -10.4% | -5.9% | -5.4% | -6.3% | -3.2% | -4.9% | 1.6% | -4.8% | -3.2% | -6.9% | 11.1% | -8.5% | -16.2% | -9.1% | 22.7% | ||
| over 100 | over 100 | over 100 | over 100 | over 100 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €2,092 | - | €4,600 |
| €46,289 | €49,051 | €55,964 | €56,982 | €57,036 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €17,718, larger than the loss of €16,972 in 2024.
Equity is negative. Debt (€397,981) exceeds the balance-sheet total (€134,062).
F.M. CONSTRUCT has no parent and no holdings in its annual accounts.
The network lets you explore the ties of F.M. CONSTRUCT.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Gentsestraat 88A registered office 9520 Sint-Lievens-Houtem | ||
| Gentsestraat 88 9520 Sint-Lievens-Houtem 68201 Renting and operating of own or leased residential real estate, excluding social housing | 01-04-1992 | 2.051.807.049 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 41080A0095/00L000 | 1.1 ha | 1 · 292 m² | 8.1 m · 2 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0443.302.371
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