Debts
€1.0m 73% of the balance sheet
Financial debts 66%Suppliers 9%Taxes and wages 2%Other 22%
€514,702 of the debts are secured on the company's own assets. In 2023 that was €503,081.
F.M.G.
Lifetime
20 annual accounts with figures on one time axis, 23 filings since 2001peak €158,894 (2022)
€96,778▼ 23.5%
lowest -€21,606 (2016)
€12,897▼ 69.3%
peak €390,262 (2025)
€390,262▲ 3.4%
€1.0m▲ 30.2%
peak 0.3 FTE (2023)
-not published
Board5 names since 2004
1 director
Documentsfilings and deeds
17-08-202617 days late
2025abbreviated format
Gross margin from €126,556 to €96,778Result from €42,010 to €12,897Debts from €798,089 to €1.0mCash from €34,271 to €1
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 4,684 companies had the same profile as F.M.G. has now. Each dot stands for 12 companies, two years later.
97.0%
were still trading
1.9%
stopped another way
1.1%
went bankrupt
Test of the method
The method was tested on the 497,762 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 4,684 companies, not a prediction for F.M.G.. 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
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0472829666
Reappointment: (director)
Appointment: (managing director) · General meeting of 22-11-2022 · Gazette deed
Resignation: (director)
Appointment: (director) · Director discharge: · General meeting of 28-06-2022 · Gazette deed
Reappointment: (director and chair)
General meeting of 15-06-2017 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| F.M.G. Namur | €1.4m | €96,778 | 27.3% | - |
| AUTO FORTIS Molenbeek-Saint-Jean | €1.4m | €84,140 | 16.3% | 1 |
| POLE-POSITION CARS Torhout | €1.4m | €112,194 | 25.4% | 0 |
| TRANS CAR BELGIUM Boortmeerbeek | €1.5m | €130,769 | 82.9% | - |
| VK CARS Wortegem-Petegem | €1.2m | €59,255 | 41.6% | - |
| CHIC85 Brasschaat | €1.9m | €131,097 | 33.0% | - |
| Frechri Stekene | €1.1m | €60,706 | 35.6% | 0 |
These companies have the same main activity as F.M.G.: wholesale of cars and light vans (up to 3.5 tonnes) (NACE 46711). They are comparable in size and age: total assets between €1.1m and €1.9m, founded between 1998 and 2003.
Official details
Source: KBO- Status
- Active since 22-09-2000Normal situation
- Activity
- Wholesale of cars and light vans (up to 3.5 tonnes)NACE 46711and 4 others
- Establishment unit
- 2.094.121.9145640 Mettet, since 27-11-2000
- Financial year end
- 31 December
- Peppol
- Reachable since 21-11-2025
Insights on F.M.G.
F.M.G. files the abbreviated format. That format states no turnover. The gross margin rose from -€4,361 in 2006 to €96,778 in 2025.
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.M.G.
- What is the company number of F.M.G.?
- The company number of F.M.G. is 0472.829.666. The VAT number is the same number with BE in front: BE 0472.829.666.
- Where is F.M.G. based?
- The registered office is at Rue Henri Evenepoel 11, 5100 Namur.Company details
- What does F.M.G. do?
- According to the KBO register, the main activity is wholesale of cars and light vans (up to 3.5 tonnes) (NACE 46711).
- What is the legal form of F.M.G.?
- F.M.G. is a public limited company (NV).
- When was F.M.G. founded?
- F.M.G. was founded on 22-09-2000.
- Is F.M.G. still active?
- Yes, F.M.G. is an active enterprise in the KBO register.
- How many employees does F.M.G. have?
- F.M.G. had an average of 0.3 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
- What is the turnover of F.M.G.?
- The turnover in financial year 2025 is ≈ €560,000. This figure is estimated from the gross margin of €96,778 and 66 comparable companies (NACE 46). It probably lies between €210,000 and €1.5m.
- Is F.M.G. profitable?
- In financial year 2025, F.M.G. made a profit of €12,897.
- Where can I find the annual accounts of F.M.G.?
- F.M.G. filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of F.M.G. due?
- F.M.G. must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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