F.T.M. has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2019 annual accounts show equity of €981 and a net result of €5k. The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
No current score
Figures too old
The available figures for FY 2019 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2019 · tick = 2018
Profitability100▲+91
Solvency37▲+37
Growth78
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2019Solvency, return and age of the figures
Solvency
11.5%
Return on assets
57.9%
Age of the figures
81 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 3 filingsPosition against the passed deadline
31-12-2020 close31-07-2021 deadline23-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 09-06-2020, 52 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
52 d early
← before the deadline
after the deadline →
Financials · fiscal year 2019, micro schema
Equity
€981
2018 · €-4k
2018: €-4k
2018 → 2019
Total assets
€9k▲ 97.3%
2018 · €4k
2018: €4k
2018 → 2019
Net result
€5k
2018 · €-498
2018: €-498
2018 → 2019
Working capital
€597
2018 · €-4k
2018: €-4k
2018 → 2019
Multi-year overview
Available amounts per fiscal year
Line20182019Trend
Equity€-4k-€981
Operating result€-438-€5k
Net result€-498-€5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2019: €5k after a loss of €438 in 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €9k
Fixed assets
€384▲ 47.2%
Current assets
€8k▲ 101%
Equity and liabilities €9k
Equity
€981
Debt
€8k
Debt finances 88.5% of the balance-sheet total.
Key figures and ratios
EBITDA
€5k▲
2018 · €84
Cash flow
€5k▲
2018 · €24
Solvency
11.5%
Current ratio
1.08
Quick ratio
1.08
ROA
57.9%
Debt
€8k▼
2018 · €8k
Debt ≤ 1 year
€8k▼
2018 · €8k
Equity ratios withheld: equity of €981 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 · 2019 against 2018
Balance sheet
Code20182019
Assets
Total assets20/58€4k€9k▲
Fixed assets21/28€261€384▲
Tangible fixed assets22/27€261€384▲
Current assets29/58€4k€8k▲
Amounts receivable within one year40/41€4k€7k▲
Cash at bank and in hand54/58€223€983▲
Equity and liabilities
Total equity and liabilities10/49€4k€9k▲
Equity10/15€-4k€981▲
Contributions10/11€1k€1k=
Profit (loss) carried forward14€-5k€-19▲
Amounts payable17/49€8k€8k▼
Amounts payable within one year42/48€8k€8k▼
Trade debts44€161€992▲
Income statement
Code20182019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€521€336▼
Gross operating margin9900€768€6k▲
Operating profit (loss)9901€-438€5k▲
Recurring financial charges65€60€37▼
Profit (loss) for the period before taxes9903€-498€5k▲
Profit (loss) for the period9904€-498€5k▲
Profit (loss) for the period to be appropriated9905€-498€5k▲
Timeline · acts, filings and financial milestones
2020
09-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 1.08
Current ratio from 0.49 to 1.08; short-term debt falls from €8k to €8k.
08-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Profondeville · 1 establishment unit since 2016
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.
Stampiat(AR) 215170 ProfondevilleGround area
2,166 m²
Building footprint
197 m²
Volume, LiDAR
1,324 m³
2 parcels, Wallonia · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
F.T.M.
since 20162.254.669.978
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92004C0056/00A003 | Wallonia | 1,787 m² | 1 · 159 m² | 11.0 m · 2 fl. |
| 25083D0325/00N000 | Wallonia | 379 m² | 1 · 38 m² | 9.7 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.
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Of 20,026 companies in sector 43320 we hold annual accounts for 9,137. 793 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formLimited partnership
Founded11-07-2016
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
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.