FAMO
ActiveThe computed 12-month bankruptcy probability of FAMO is 4.4% (elevated). The 2025 annual accounts show negative equity (€-47k) and a net result of €30k. Equity is shrinking by ~24.6% per year across the filed fiscal years. Its solvency ranks better than 17% of 13270 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
39
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability92▲+70
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
4.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.15 against 0.14 in 2024; short-term debt: 103.7% and cash: 8.7% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
-28.5%
Return on assets
18.5%
Age of the figures
18 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 13270 sector peers (2025).
NBB · sector comparisonPosition among 13270 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 24-10-2025, 7 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
7 d early
2024
1 d early
2023
on the day
2022
3 d early
2021
2 d early
2020
20 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close21-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€-47k▲ 39.4%
2024 · €-77k
2020: €-19k
2021: €-23k
2022: €21k
2023: €-44k
2024: €-77k
2020 → 2025
Total assets
€164k▲ 29.6%
2024 · €127k
2020: €135k
2021: €140k
2022: €203k
2023: €165k
2024: €127k
2020 → 2025
Net result
€30k
2024 · €-34k
2020: €-25k
2021: €-4k
2022: €44k
2023: €-64k
2024: €-34k
2020 → 2025
Working capital
€-144k▲ 17.3%
2024 · €-175k
2020: €-119k
2021: €-140k
2022: €-106k
2023: €-158k
2024: €-175k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-23k-€21k€-44k€-77k▼ 77.6%€-47k▲ 39.4%
Operating result€-2k-€47k€-62k€-30k▲ 51.1%€36k
Net result€-4k-€44k€-64k€-34k▲ 47.6%€30k
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 2025: €36k after a loss of €30k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €164k
Fixed assets
€138k▲ 39.2%
Current assets
€26k▼ 5.0%
Key figures and ratios
EBITDA
€57k▲
2024 · €8k
Cash flow
€51k▲
2024 · €5k
Solvency
-28.5%▲
2024 · -60.9%
Current ratio
0.15▲
2024 · 0.14
Quick ratio
0.12▲
2024 · 0.09
Debt / equity
-4.51▼
2024 · -2.64
ROA
18.5%▲
2024 · -26.6%
Interest coverage
9.55▲
2024 · 2.61
Debt
€211k▲
2024 · €204k
Debt ≤ 1 year
€171k▼
2024 · €202k
Debt > 1 year
€41k▲
2024 · €2k
Income taxes
€312▼
2024 · €316
Staff costs
€106k▼
2024 · €106k
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€127k€164k▲
Fixed assets21/28€99k€138k▲
Tangible fixed assets22/27€99k€138k▲
Land and buildings22€62k€102k▲
Plant, machinery and equipment23€37k€34k▼
Furniture and vehicles24€258€2k▲
Current assets29/58€28k€26k▼
Stocks and contracts in progress3€10k€6k▼
Stocks30/36€10k€6k▼
Amounts receivable within one year40/41€12k€4k▼
Trade receivables40€11k€3k▼
Other amounts receivable41€452€991▲
Cash at bank and in hand54/58€2k€14k▲
Deferred charges and accrued income490/1€4k€2k▼
Equity and liabilities
Total equity and liabilities10/49€127k€164k▲
Equity10/15€-77k€-47k▲
Contributions10/11€6k€6k=
Reserves13€15k€15k=
Distributable reserves133€15k€15k=
Profit (loss) carried forward14€-98k€-68k▲
Amounts payable17/49€204k€211k▲
Amounts payable after more than one year17€2k€41k▲
Financial debts170/4€2k€41k▲
Amounts payable within one year42/48€202k€171k▼
Current portion of amounts payable after more than one year42€12k€9k▼
Financial debts43€15k-
Credit institutions430/8€15k-
Trade debts44€25k€35k▲
Suppliers440/4€25k€35k▲
Taxes, remuneration and social security45€36k€32k▼
Taxes450/3€19k€13k▼
Remuneration and social security454/9€17k€19k▲
Other amounts payable47/48€114k€94k▼
Income statement
Code20242025
Remuneration, social security and pensions62€106k€106k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€21k▼
Other operating charges640/8€7k€8k▲
Gross operating margin9900€122k€170k▲
Operating profit (loss)9901€-30k€36k▲
Financial income75/76B€39€1k▲
Recurring financial income75€39€30▼
Non-recurring financial income76B-€1k
Financial charges65/66B€3k€6k▲
Recurring financial charges65€3k€6k▲
Profit (loss) for the period before taxes9903€-33k€31k▲
Income taxes67/77€316€312▼
Profit (loss) for the period9904€-34k€30k▲
Profit (loss) for the period to be appropriated9905€-34k€30k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-98k€-68k▲
Profit (loss) brought forward from the previous period14P€-64k€-98k▼
The notes to these accounts (8 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
2025
24-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Back to profitnet €30k
Net result €30k after 2 loss-making years.
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Weakest financial yearnet €-64k ▼247%
Net result drops to €-64k, the lowest in the series; recovery starts the following year.
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Back to profitnet €44k
Net result €44k after 2 loss-making years.
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
20-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Blankenberge · 1 establishment unit since 2019
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.
Zeedijk 1688370 BlankenbergeGround area
580 m²
Building footprint
562 m²
Volume, LiDAR
13,503 m³
Parcel 31602A0856/00E003, Flanders · tallest building 37.8 m, ±10 floors. Linked by address, not a title deed.
1 establishment unit
FAMO
since 20192.287.176.262
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31602A0856/00E003 | Flanders | 580 m² | 1 · 562 m² | 37.8 m · 10 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBlankenberge2.287.176.262
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,458. 8,882 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-03-2019
Fiscal year end31-03
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:chris.faes1@telenet.be
Phone:0496502041