FAMDES
ActiveFAMDES has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.46M and a net result of €-476k. Equity is shrinking by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 15% of 3184 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
46
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability16▼-12
Solvency35▼-8
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity short (current ratio 0.72 against 0.61 in 2024; short-term debt: 89.8% and cash: 1.7% of total assets), and 89.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
10.2%
Return on assets
-2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 3184 sector peers (2025).
NBB · sector comparisonPosition among 3184 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
43 d late
2023
on the day
2022
2 d early
2021
19 d early
2020
2 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-476k
2024 · €1.20M
2018: €-155k
2019: €-209k
2020: €-219k
2021: €-191k
2022: €-201k
2023: €-308k
2024: €1.20M
2018 → 2025
Working capital
€-6.00M▼ 15.4%
2024 · €-5.20M
2018: €172k
2019: €-108
2020: €-459k
2021: €-2.20M
2022: €-2.62M
2023: €-2.22M
2024: €-5.20M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.24M-€2.04M▼ 9.0%€1.73M▼ 15.1%€2.93M▲ 69.1%€2.46M▼ 16.2%
Operating result€-247k-€-398k▼ 61.1%€-439k▼ 10.3%€-556k▼ 26.7%€-1.19M▼ 113%
Net result€-191k-€-201k▼ 5.4%€-308k▼ 53.0%€1.20M€-476k
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1.19M in 2025 against €556k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €24.15M
Fixed assets
€8.47M▲ 4.1%
Current assets
€15.68M▲ 95.5%
Equity and liabilities €24.15M
Equity
€2.46M▼ 16.2%
Debt
€21.69M▲ 64.1%
The debt ratio rises from 81.8% to 89.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-1.16M▼
2024 · €-514k
Cash flow
€-449k▼
2024 · €1.24M
Solvency
10.2%▼
2024 · 18.2%
Current ratio
0.72▲
2024 · 0.61
Quick ratio
0.71▲
2024 · 0.54
Debt / equity
8.83▲
2024 · 4.51
ROE
-19.4%▼
2024 · 40.9%
ROA
-2.0%▼
2024 · 7.4%
Interest coverage
-18.82▼
2024 · -7.69
Debt
€21.69M▲
2024 · €13.22M
Debt ≤ 1 year
€21.68M▲
2024 · €13.22M
Income taxes
€165▲
2024 · €0
Staff costs
€68k▼
2024 · €80k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€16.16M€24.15M▲
Fixed assets21/28€8.14M€8.47M▲
Tangible fixed assets22/27€392k€453k▲
Land and buildings22€284k€292k▲
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€47k€109k▲
Other tangible fixed assets26€59k€51k▼
Financial fixed assets28€7.75M€8.02M▲
Current assets29/58€8.02M€15.68M▲
Amounts receivable after more than one year29€1.63M€10.08M▲
Other amounts receivable291€1.63M€10.08M▲
Stocks and contracts in progress3€940k€394k▼
Contracts in progress37€940k€394k▼
Amounts receivable within one year40/41€5.25M€3.46M▼
Trade receivables40€453k€587k▲
Other amounts receivable41€4.80M€2.87M▼
Current investments50/53-€1.21M
Cash at bank and in hand54/58€61k€402k▲
Deferred charges and accrued income490/1€135k€138k▲
Equity and liabilities
Total equity and liabilities10/49€16.16M€24.15M▲
Equity10/15€2.93M€2.46M▼
Contributions10/11€248k€248k=
Capital10€248k€248k=
Issued capital100€248k€248k=
Outside capital11€119€119=
Share premium1100/10€119€119=
Reserves13€2.69M€2.21M▼
Non-distributable reserves130/1€25k€25k=
Legal reserve130€25k€25k=
Distributable reserves133€2.66M€2.19M▼
Amounts payable17/49€13.22M€21.69M▲
Amounts payable within one year42/48€13.22M€21.68M▲
Financial debts43€550k-
Credit institutions430/8€550k-
Trade debts44€165k€139k▼
Suppliers440/4€165k€139k▼
Taxes, remuneration and social security45€23k€7k▼
Taxes450/3€18k€2k▼
Remuneration and social security454/9€5k€5k▲
Other amounts payable47/48€12.48M€21.54M▲
Accrued charges and deferred income492/3€5k€13k▲
Income statement
Code20242025
Remuneration, social security and pensions62€80k€68k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42k€27k▼
Other operating charges640/8€13k€19k▲
Gross operating margin9900€-420k€-1.07M▼
Operating profit (loss)9901€-556k€-1.19M▼
Financial income75/76B€1.82M€773k▼
Recurring financial income75€1.82M€773k▼
Financial charges65/66B€67k€62k▼
Recurring financial charges65€67k€62k▼
Profit (loss) for the period before taxes9903€1.20M€-476k▼
Income taxes67/77€0€165▲
Profit (loss) for the period9904€1.20M€-476k▼
Profit (loss) for the period to be appropriated9905€1.20M€-476k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.20M€-476k▼
Transfer from equity791/2-€476k
Transfer to equity691/2€1.20M-
To other reserves6921€1.20M-
Social balance
Average headcount (FTE)90871.51.5=
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-476k ▼140%
Net result drops to €-476k, the lowest in the series.
12-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 43 days late
2024
31-12
Financial
Back to profitnet €1.20M
Net result €1.20M after 6 loss-making years.
31-12
Financial
Equity above €2MEq €2.93M ▲69.1%
Equity rises from €1.73M to €2.93M.
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
11-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 72 days late
2018
30-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
28-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Lievegem · 1 establishment unit since 1992
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.
Grote Baan 1969920 LievegemGround area
1.4 ha
Building footprint
542 m²
Volume, LiDAR
3,444 m³
Parcel 44036A1320/00M000, Flanders · tallest building 15.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Grote Baan 196, 9920 Lievegem
since 19922.057.875.685
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44036A1320/00M000 | Flanders | 1.4 ha | 1 · 542 m² | 15.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 239 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 239 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
89450003OTN7GMTYMI35
Similar companies · same sector, comparable size
B.C.M. +
BE 0651.831.486
Herstal · Eq €2.46M
MARC JORDENS
BE 0898.675.009
Lint · Eq €2.46M
TENE QUOD BENE +
BE 0806.040.108
Herenthout · Eq €2.46M
MAUQUOY
BE 0404.901.457
Grobbendonk · Eq €2.46M
TWEEDS & COTTONS
BE 0466.545.353
Evergem · Eq €2.46M
Of 82,570 companies in sector 70200 we hold annual accounts for 52,574. 17,853 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded25-05-1992
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
74142
74151
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
General meetings
1 convocationOrdinary general meeting
Agenda
1. Bespreking van het artikel 523 van het Wetboek van vennootschappen. 2. Jaarverslag raad van bestuur. 3. Goedkeuring jaarrekening per 31 december 2010. 4. Bestemming van het resultaat. 5. Kwijting aan de bestuurders. 6. Emolumenten bestuur- ders. 7. Rondvraag.