FB PROJECT MANAGEMENT
ActiveFB PROJECT MANAGEMENT has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €133k and a net result of €42k. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 86% of 12708 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
96
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+9
Solvency100▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 2.72 against 1.28 in 2024; short-term debt: 12.4% and cash: 31.7% of total assets), and 12.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
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
87.6%
Return on assets
27.4%
Age of the figures
9 mo
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 · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €133k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-03-2026, 140 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
140 d early
2024
154 d early
2023
148 d early
2022
87 d early
2021
32 d early
2020
54 d early
2019
38 d early
← 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€133k▲ 5.7%
2024 · €126k
2018: €124k
2019: €159k
2020: €188k
2021: €101k
2022: €107k
2023: €116k
2024: €126k
2018 → 2025
Total assets
€152k▼ 20.5%
2024 · €191k
2018: €272k
2019: €266k
2020: €282k
2021: €194k
2022: €189k
2023: €194k
2024: €191k
2018 → 2025
Net result
€42k▲ 20.5%
2024 · €34k
2018: €25k
2019: €35k
2020: €29k
2021: €-71k
2022: €27k
2023: €34k
2024: €34k
2018 → 2025
Working capital
€33k▲ 79.1%
2024 · €18k
2018: €62k
2019: €98k
2020: €127k
2021: €41k
2022: €49k
2023: €56k
2024: €18k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€101k-€107k▲ 6.3%€116k▲ 8.9%€126k▲ 8.1%€133k▲ 5.7%
Operating result€-58k-€39k€49k▲ 27.0%€50k▲ 1.1%€58k▲ 17.7%
Net result€-71k-€27k€34k▲ 22.5%€34k▲ 2.8%€42k▲ 20.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 18% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €152k
Fixed assets
€100k▼ 6.7%
Current assets
€51k▼ 38.3%
Equity and liabilities €152k
Equity
€133k▲ 5.7%
Debt
€19k▼ 71.1%
The debt ratio falls from 34.1% to 12.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€66k▲
2024 · €57k
Cash flow
€49k▲
2024 · €42k
Solvency
87.6%▲
2024 · 65.9%
Current ratio
2.72▲
2024 · 1.28
Quick ratio
2.72▲
2024 · 1.28
Debt / equity
0.14▼
2024 · 0.52
ROE
31.2%▲
2024 · 27.4%
ROA
27.4%▲
2024 · 18.0%
Interest coverage
56.95▲
2024 · 36.10
Debt
€19k▼
2024 · €65k
Debt ≤ 1 year
€19k▼
2024 · €65k
Income taxes
€16k▲
2024 · €14k
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€191k€152k▼
Fixed assets21/28€108k€100k▼
Tangible fixed assets22/27€108k€100k▼
Land and buildings22€104k€98k▼
Plant, machinery and equipment23€731€410▼
Other tangible fixed assets26€3k€2k▼
Current assets29/58€83k€51k▼
Current investments50/53€10k-
Cash at bank and in hand54/58€71k€48k▼
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€191k€152k▼
Equity10/15€126k€133k▲
Contributions10/11€19k€19k=
Reserves13€107k€114k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€105k€113k▲
Amounts payable17/49€65k€19k▼
Amounts payable within one year42/48€65k€19k▼
Current portion of amounts payable after more than one year42€51k€0▼
Financial debts43€2k€2k▼
Credit institutions430/8€2k€2k▼
Trade debts44€801€474▼
Suppliers440/4€801€474▼
Taxes, remuneration and social security45€11k€11k▲
Taxes450/3€11k€11k▲
Other amounts payable47/48€518€5k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€7k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-7k-
Other operating charges640/8€8k€1k▼
Non-recurring operating charges66A€524-
Gross operating margin9900€59k€67k▲
Operating profit (loss)9901€50k€58k▲
Financial income75/76B€141€574▲
Recurring financial income75€141€574▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€48k€58k▲
Income taxes67/77€14k€16k▲
Profit (loss) for the period9904€34k€42k▲
Profit (loss) for the period to be appropriated9905€34k€42k▲
Appropriation of the result
Profit (loss) to be appropriated9906€34k€42k▲
Transfer from equity791/2€25k€34k▲
Transfer to equity691/2€34k€42k▲
To other reserves6921€34k€42k▲
Profit to be distributed694/7€25k€34k▲
Return on contributions (dividend)694€25k€34k▲
The notes to these accounts (4 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
13-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €42k ▲20.5%
Operating result €58k, net result €42k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 2.72
Current ratio from 1.28 to 2.72; short-term debt falls from €65k to €19k.
27-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
05-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €27k
Net result €27k after one loss-making year.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-71k ▼344%
Net result drops to €-71k, the lowest in the series; recovery starts the following year.
07-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity doublescurrent ratio 5.22
Current ratio from 2.10 to 5.22; short-term debt falls from €56k to €23k.
31-12
Financial
Equity above €150kEq €159k ▲27.8%
2 profitable years in a row build equity to €159k.
14-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
08-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2010
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.
Constant Permekeplein 102070 Beveren-Kruibeke-ZwijndrechtGround area
518 m²
Building footprint
127 m²
Volume, LiDAR
833 m³
Parcel 11011A0589/00E003, Flanders · tallest building 9.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
FB Project Management
since 20102.184.161.173
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11011A0589/00E003 | Flanders | 518 m² | 1 · 127 m² | 9.0 m · 3 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.
Similar companies · same sector, comparable size
TD CONSULTING AND MANAGEMENT
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CGS ACCOUNTING
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Ans · Eq €133k
MERCURIUS
BE 0400.739.959
Haaltert · Eq €133k
BSide Accountancy
BE 0755.447.480
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LE-CHIFFRE INVEST
BE 0751.579.655
Fontaine-l'Evêque · Eq €134k
Of 2,267 companies in sector 69209 we hold annual accounts for 1,098. 858 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-12-2009
Fiscal year end31-12
Activities, NACEBEL
69202Legal and accounting activities
69209Other tax advisory services
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:filip@fbprojectmanagement.be
Phone:0479979121