FAM
The computed 12-month bankruptcy probability of FAM is 0.3% (very low). The 2024 annual accounts show equity of €18.01M and a net result of €2.13M. Equity is growing by ~8.5% per year across the filed fiscal years. Its solvency ranks better than 65% of 209 sector peers (fiscal year 2024). The company has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €18.01M |
| Net result | €2.13M |
| Staff (FTE) | 43.6 |
| Better than sector | 65% |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 58.2% | 41.8% | |
| Net result | €2.13M | €10k | |
| Equity | €18.01M | €70k | |
| Staff costs | €4.25M | €182k | |
| Employees (FTE) | 43.6 | 5.9 |
| Fiscal year | 2024 |
|---|---|
| Revenue | €38.98M |
| EBITDA | €4.04M |
| Net profit | €2.13M |
| Cash flow | €3.39M |
| Staff costs | €4.25M |
| Income taxes | €588k |
| Dividends | €594k |
| Total assets | €30.92M |
| Equity | €18.01M |
| Debt | €12.57M |
| of which ≤ 1y | €9.41M |
| of which > 1y | €2.58M |
| Working capital | €14.29M |
| Employees (FTE) | 43.6 |
| 2024 | |
|---|---|
| Current ratio | 2.52 |
| Quick ratio | 1.03 |
| Working capital ratio | 46.2% |
| Solvency | 58.2% |
| Debt / equity | 0.70 |
| Long-term debt ratio | 0.14 |
| Interest coverage | 68.37 |
| Gross margin | 44.0% |
| Net margin | 5.5% |
| ROA | 6.9% |
| ROE | 11.8% |
| EBITDA margin | 10.4% |
| Days sales outstanding | 70d |
| Days payable outstanding | 100d |
| Inventory turnover | 1.56 |
| Days inventory (DSI) | 234d |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €30.92M |
| Fixed assets | 21/28 | €7.22M |
| Intangible fixed assets | 21 | €3.72M |
| Tangible fixed assets | 22/27 | €3.48M |
| Financial fixed assets | 28 | €15k |
| Current assets | 29/58 | €23.70M |
| Stocks & contracts in progress | 3 | €14.02M |
| Amounts receivable within one year | 40/41 | €8.59M |
| Cash & bank | 54/58 | €1.06M |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €30.92M |
| Equity | 10/15 | €18.01M |
| Contributions / capital | 10/11 | €1.50M |
| Reserves | 13 | €16.51M |
| Accumulated profits (losses) | 14 | €824 |
| Provisions & deferred taxes | 16 | €342k |
| Amounts payable | 17/49 | €12.57M |
| Amounts payable after one year | 17 | €2.58M |
| Amounts payable within one year | 42/48 | €9.41M |
| Trade debts payable within one year | 44 | €5.98M |
| Income statement | ||
| Turnover | 70 | €38.98M |
| Operating result | 9901 | €2.78M |
| Financial income | 75 | €27k |
| Financial charges | 65 | €93k |
| Result before taxes | 9903 | €2.72M |
| Income taxes | 67/77 | €588k |
| Net result for the period | 9904 | €2.13M |
| Result to be appropriated | 9905 | €2.13M |
| NACE primary | 28990 |
| Legal form | Public limited company(014) |
| Incorporation | 18-02-1997 |
| Status | Active |
| Postal code | 2550 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11602E0061/00H002 | Flanders | 1.5 ha | 1 · 6,865 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
29-07-2025 3 directors appointed, 1 resigning
- Marijke Vandebroeck, Bestuurder
- Marijke Vandebroeck, Vaste vertegenwoordiger
- Theophiel Marc Van Hemelrijk, Gedelegeerd bestuurder
- Marijke Vandebroeck, Bestuurder
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}21-08-2024 4 directors appointed
- Theophiel Marc Van Hemelrijk, Bestuurder
- Marijke Vandebroeck, Bestuurder
- Moore Audit BV, Commissaris
- Theophiel Marc Van Hemelrijk, Gedelegeerd bestuurder
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | FAM |