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F.M. PROJECTS

Active Public limited companyfounded 1993active for 33 yearsKlein Waterstraat 81, 2970 SchildeKBO/BCE: BE 0451.330.508

Lifetime

19 annual accounts with figures on one time axis, 32 filings since 1994
peak €1.4m (2020)
€17,703▼ 48.7%
lowest -€705,629 (2022)
-€82,009▼ €367,140
peak €8.4m (2018)
€5.4m▼ 1.5%
€535,568▼ 18.4%
peak 1.4 FTE (2007)
-not published
Board4 names since 2016
3 directors and 2 others
Documentsfilings and deeds
02-02-20262 days late
2025micro format
Gross margin from €34,492 to €17,703Loss of €82,009Debts from €656,564 to €535,568Cash from €97,053 to €60,371

Key points

from the 2025 annual accounts

Result

-€82,009 -€82,009
€285,0002024-€82,0002025

From profit to loss in 2025, after a profit of €285,131 in 2024.

Turnover

≈ €130,000 estimated

The micro format states no turnover.

Filings

32 annual accounts since 1994
deadline200020102020

Three of the last ten came late. The 2021 accounts came latest: 24 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 8,609 companies had the same profile as F.M. PROJECTS has now. Each dot stands for 22 companies, two years later.

94.2%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

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.

The companies in ten equal groups, from the lowest to the highest expected share
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 8,609 companies, not a prediction for F.M. PROJECTS. 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

Board and ownership

Chair
Director, since 13-11-2023
Director, since 13-11-2023

Shares in 1 company,

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0451330508
Reappointments: (director) and (director) General meeting of 13-11-2023 · Gazette deed
Capital decrease of €3,600,000 to €62,000 Capital from €3,662,000 to €62,000, 332 shares cancelled · General meeting of 16-10-2018 · Gazette deed
Reappointments: (chair of the board) and (director) General meeting of 25-01-2017 · Gazette deed
All 48 events

Official details

Source: KBO
Status
Active since 28-10-1993Normal situation
Activity
No activity registered in the KBO
Establishment unit
2.131.099.6012970 Schilde, since 21-12-1993
Financial year end
30 June
Peppol
Reachable since 17-10-2024
Company details

Annual accounts to 30-06-2025

€5.9m▼ 5.8%
Filing
Filed on 02-02-2026
Financials

Insights on F.M. PROJECTS

F.M. PROJECTS files the micro format. That format states no turnover. The gross margin rose from -€40,204 in 2007 to €17,703 in 2025.

The balance sheet grew most from 2017 to 2018 through fixed assets, financed with long-term debt.

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. PROJECTS

What is the company number of F.M. PROJECTS?
The company number of F.M. PROJECTS is 0451.330.508. The VAT number is the same number with BE in front: BE 0451.330.508.
Where is F.M. PROJECTS based?
The registered office is at Klein Waterstraat 81, 2970 Schilde.Company details
What is the legal form of F.M. PROJECTS?
F.M. PROJECTS is a public limited company (NV).
When was F.M. PROJECTS founded?
F.M. PROJECTS was founded on 28-10-1993.
Is F.M. PROJECTS still active?
Yes, F.M. PROJECTS is an active enterprise in the KBO register.
How many employees does F.M. PROJECTS have?
F.M. PROJECTS had an average of 0.3 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
What is the turnover of F.M. PROJECTS?
The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €17,703 and 6,298 comparable companies of the same size. It probably lies between €62,000 and €320,000. It is a rough estimate.
Is F.M. PROJECTS profitable?
In financial year 2025, F.M. PROJECTS made a loss of €82,009.
Where can I find the annual accounts of F.M. PROJECTS?
F.M. PROJECTS filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of F.M. PROJECTS due?
F.M. PROJECTS must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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