Equity
€10,944 from €65,007 in 2024
Equity fell by 83% in 1 year.
F.S.M. construct
Lifetime
6 annual accounts with figures on one time axispeak €381,616 (2021)
€17,456▼ 83.7%
lowest -€24,063 (2025)
-€24,063▼ €28,028
peak €65,007 (2024)
€10,944▼ 83.2%
€83,267▼ 18.2%
Board2 names since 2020
1 director
Documentsfilings and deeds
26-06-202635 days before the deadline
2025micro format
Gross margin from €107,027 to €17,456Loss of €24,063Dividend €30,000Equity from €65,007 to €10,944Debts from €101,832 to €83,267Cash from €45,446 to €13,771
Key points
from the 2025 annual accountsTurnover
≈ €230,000 estimated
The micro format states no turnover.
Debts
€83,267 88% of the balance sheet
Suppliers 93%Taxes and wages 0%Other 7%
Investments
€10,206 4.2 × depreciation
Green is investment, beige is depreciation.
Filings
6 annual accounts since 2020
The last five annual accounts were filed 6 to 35 days before the end of the period.
Position in the sector
-€24,063
Lower net result than 94% of companies in specialised construction. Sector median €10,190 · 35,144 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,134 companies had the same profile as F.S.M. construct has now. Each dot stands for 3 companies, two years later.
86.3%
were still trading
6.6%
stopped another way
6.4%
went bankrupt
Another 0.6% 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.
| 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 1,134 companies, not a prediction for F.S.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.
Credit verdict
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Signals
Board and ownership
Director,
- 90 sharesdeed of 06-01-2020
- 10 sharesdeed of 06-01-2020
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0740659435
Registered office moved within Diest
New registered office: Leuvensesteenweg 194 te 3290 Diest · Previous registered office: Veemarkt 9 bus B003 te B-3290 Diest · Permanent representative: · General meeting of 02-01-2023 · Gazette deed
1 director appointed, 1 resignation
Resignation: · Appointment: · Permanent representative: · General meeting of 01-03-2022 · Gazette deed
Incorporation
Founding capital of €5,000, 100 shares · Founders: ; · Appointment: (director) · published on 06-01-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| F.S.M. construct Diest | €94,211 | €17,456 | 11.6% | - |
| GYPROESC Sint-Genesius-Rode | €81,470 | €15,077 | 51.1% | - |
| RENODEL Dilbeek | €98,591 | €18,423 | 85.2% | - |
| RAMFRED CONSTRUCT Zaventem | €94,407 | €15,492 | 18.2% | - |
| ART BOUWPROJECT Schaerbeek | €93,674 | €19,240 | 73.3% | - |
| B-TECHNICS Rijkevorsel | €88,282 | €17,742 | 20.2% | - |
| Bossenaere Maarkedal | €100,889 | €19,281 | -19.7% | - |
These companies have the same main activity as F.S.M. construct: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €81,500 and €101,000, founded between 2018 and 2019.
Official details
Source: KBO- Status
- Active since 02-01-2020Normal situation
- Activity
- Other specialised construction activitiesNACE 43990and 21 others
- Establishment unit
- 2.297.688.5873290 Diest, since 02-01-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 30-01-2025
Annual accounts 2025
- €94,211▼ 43.5%
- Filing
- Filed on 26-06-2026, 35 days before the end of the filing period
Insights on F.S.M. construct
F.S.M. construct files the micro format. That format states no turnover. The gross margin fell from €99,486 in 2020 to €17,456 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.S.M. construct
- What is the company number of F.S.M. construct?
- The company number of F.S.M. construct is 0740.659.435. The VAT number is the same number with BE in front: BE 0740.659.435.
- Where is F.S.M. construct based?
- The registered office is at Leuvensesteenweg 194, 3290 Diest.Company details
- What does F.S.M. construct do?
- According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
- What is the legal form of F.S.M. construct?
- F.S.M. construct is a private limited company (BV).
- When was F.S.M. construct founded?
- F.S.M. construct was founded on 02-01-2020.
- Is F.S.M. construct still active?
- Yes, F.S.M. construct is an active enterprise in the KBO register.
- What is the turnover of F.S.M. construct?
- The turnover in financial year 2025 is ≈ €230,000. This figure is estimated from the gross margin of €17,456 and 201 comparable companies (NACE 43990). It probably lies between €130,000 and €450,000. It is a rough estimate. In financial year 2023 turnover was €1.1m.Financials
- Is F.S.M. construct profitable?
- In financial year 2025, F.S.M. construct made a loss of €24,063.
- Where can I find the annual accounts of F.S.M. construct?
- F.S.M. construct filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of F.S.M. construct due?
- F.S.M. construct must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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