Equity
€85,360 ▲ 46.6%
FBD has made a profit in every financial year since 2023.
FBD
Overview
Lifetime
3 annual accounts with figures on one time axispeak €38,630 (2025)
€38,630▲ 1.6%
peak €27,818 (2024)
€27,126▼ 2.5%
peak €85,360 (2025)
€85,360▲ 46.6%
€12,628▼ 11.1%
Board1 name since 2022
1 directorLEMMENS Niels
Documentsfilings and deeds
12-02-2026169 days before the deadline
2025micro format
Equity from €58,234 to €85,360Investments €7,393Cash from €41,877 to €68,429
Key points
from the 2025 annual accountsTurnover
≈ €110,000 estimated
The micro format states no turnover.
Investments
€7,393 5.2 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 52.6% higher than in 2024.
Liquidity
6.84 was 4.70 in 2024
Short-term debts fell from €14,208 to €12,628.
Starting capital
€5,000 100 shares
Position in the sector
87.1%
Higher solvency than 85% of companies in head offices and management consultancy. Sector median 55.5% · 39,368 companies.
Checked score
98
Excellent
Financially stronger than 85% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%highest value
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
lowers risk
Liquidity: current ratio 6.84, cash €68,429
Sector: Activities of head offices; management consultancy activities (NACE 70)
Equity €85,360 (87.1% of total assets)
Size: total assets €97,988
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 86% of them on solvency, 93% on liquidity, 84% on profitability and 79% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as FBD has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of FBD itself is lower: < 0.1% within 12 months. It rests on far more data about FBD than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for FBD. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 6.84 (4.7 in 2024), above the usual 1.5. Short-term debt is 12.9% and cash 69.8% of total assets. 12.9% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
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 12-02-2026, 169 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
169 days early
2024
149 days early
2023
118 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 145 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 4 March (3 of the last 3 accounts filed within 32 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0793906002
First establishment
Export 28, Dessel
Incorporation
Founding capital of €5,000, 100 shares · Founder: LEMMENS Niels · Appointment: LEMMENS Niels (director) · published on 28-11-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FBD Dessel | €97,988 | €38,630 | 87.1% | - |
| TD&CA Consulting Heist-op-den-Berg | €91,292 | €38,528 | 89.2% | - |
| POGASMAN Antwerp | €94,312 | €40,561 | 81.2% | - |
| Plus een Niel | €97,335 | €35,390 | 92.2% | - |
| STB Consultancy Duffel | €98,211 | €35,323 | 60.7% | - |
| V.A.S. consulting Laakdal | €106,465 | €36,104 | 43.1% | - |
| MILYCOM Antwerp | €91,938 | €35,470 | 38.2% | - |
These companies have the same main activity as FBD: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €91,300 and €106,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 23-11-2022Normal situation
- Activity
- Business and other management consultancyNACE 70200and 4 others
- Establishment unit
- 2.338.316.9392480 Dessel, since 02-01-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Annual accounts 2025
- €38,630▲ 1.6%
- €27,126▼ 2.5%
- €85,360▲ 46.6%
- €97,988▲ 35.3%
- Filing
- Filed on 12-02-2026, 169 days before the end of the filing period
Insights on FBD
FBD files the micro format. That format states no turnover. The gross margin rose from €36,213 in 2023 to €38,630 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 12-02-2026, 169 days before the deadline€38,630
▲ 1.6%
€36,615
▼ 1.6%
€27,126
▼ 2.5%
€73,745
▲ 40.2%
87.1%
▲ 6.7 percentage points
6.84
▲ 2.14
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €110,000. Estimated: probably between €67,000 and €150,000.
Balance sheet
balance sheet total €97,988 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
87.1%
Higher than 86% of 39,368 companies in 2025.
6.84
Higher than 84% of 38,051 companies in 2025.
27.7%
Higher than 68% of 38,523 companies in 2025.
FBD
Middle half of the sector
80% of the sector
Micro accounts in head offices and management consultancy (NACE 70)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
97,988 | 72,442 | 44,993 | |
21/28 |
11,616 | 5,635 | 4,439 | |
22/27 |
11,616 | 5,635 | 4,439 | |
22 |
6,060 | 3,971 | 4,439 | |
24 |
1,484 | 1,665 | - | |
26 |
4,072 | - | - | |
29/58 |
86,372 | 66,806 | 40,554 | |
40/41 |
9,964 | 8,152 | 7,919 | |
40 |
9,964 | 8,152 | 7,919 | |
50/53 |
7,750 | 14,750 | - | |
54/58 |
68,429 | 41,877 | 32,635 | |
490/1 |
229 | 2,027 | - | |
| Balance sheet: equity and liabilities | ||||
10/49 |
97,988 | 72,442 | 44,993 | |
10/15 |
85,360 | 58,234 | 31,248 | |
10/11 |
5,000 | 5,000 | 5,000 | |
14 |
80,360 | 53,234 | 26,248 | |
17/49 |
12,628 | 14,208 | 13,745 | |
42/48 |
12,628 | 14,208 | 13,745 | |
44 |
469 | 178 | 323 | |
440/4 |
469 | 178 | 323 | |
45 |
12,159 | 13,197 | 12,622 | |
450/3 |
12,159 | 13,197 | 12,622 | |
47/48 |
0 | 833 | 800 | |
| Income statement | ||||
9900 |
38,630 | 38,014 | 36,213 | |
630 |
1,413 | 611 | 248 | |
640/8 |
601 | 181 | - | |
9901 |
36,615 | 37,222 | 35,965 | |
75/76B |
290 | - | - | |
75 |
290 | - | - | |
65/66B |
2,070 | 925 | 825 | |
65 |
2,070 | 925 | 825 | |
9903 |
34,836 | 36,297 | 35,139 | |
67/77 |
7,709 | 8,478 | 8,091 | |
9904 |
27,126 | 27,818 | 27,048 | |
9905 |
27,126 | 27,818 | 27,048 | |
| Appropriation of the result | ||||
9906 |
80,360 | 54,067 | 27,048 | |
14P |
53,234 | 26,248 | - | |
694/7 |
0 | 833 | 800 | |
694 |
0 | 833 | 800 | |
| Document | ||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 12-02-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 38,029 | 37,833 | 36,213 | ||
| 28,540 | 28,429 | 27,296 | ||
| 7,393 | 1,807 | 4,687 | ||
| 26,552 | 9,243 | - | ||
| 73,745 | 52,598 | 26,809 | ||
| 87.1% | 80.4% | 69.5% | ||
| 6.84 | 4.70 | 2.95 | ||
| 0.15 | 0.24 | 0.44 | ||
| 31.8% | 47.8% | 86.6% | ||
| 27.7% | 38.4% | 60.1% | ||
| 18.37 | 40.88 | 43.87 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €7,393 | €1,807 | €4,687 |
| €1,413 | €611 | €248 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on FBD
The operating result for 2025 is 2% lower than in 2024.
Debt's share of the balance-sheet total falls from 19.6% to 12.9%. Equity is higher and debt is lower.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 23-11-2022
term without a fixed end
listed in the 2025 annual accounts, filed on 12-02-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 28-11-2022
Mandates through the years
1 name, the dashed line is todayLEMMENS Niels
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- LEMMENS Niels
- Director (not named in the articles), from 23-11-2022 to date
Control
Capital
- Contribution
- €5,000
- Shares
- 100
- Contribution per share
- €50
- Equity per share
- €854 in 2025
- Source
- deed of 28-11-2022
Articles of association
deed of 28-11-2022 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Thursday of May at 10:00
Shareholders
At incorporation
deed of 28-11-2022 ↗
- LEMMENS Niels 100 shares (100%) · €5,000 in cash
Network & group
No group
FBD has no parent and no holdings in its annual accounts. LEMMENS Niels is the only director. FBD shares no director with another company.
Timeline
Timeline
7 events since 2022Filings
Financial
Establishments
20222023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:0793906002
Annual accounts 2025 filed PDFmicro format · 169 days before the deadline
2025
Annual accounts 2024 filed PDFmicro format · 149 days before the deadline
2024
Highest result from 2023 to 2025 net €27,818 ▲2.8% The operating result of €37,222 and the net result of €27,818 are both a record.
Annual accounts 2023 filed PDFmicro format · 118 days before the deadline
2023
First establishment Export 28, Dessel
2022
IncorporationFounding capital of €5,000, 100 shares · Founder: LEMMENS Niels · Appointment: LEMMENS Niels (director) · published on 28-11-20225 points ▸
- Founder, LEMMENS Niels
- Founding capital, €5,000, 100 shares
- 100 shares
- Registered office clause, Export 28, 2480 Dessel
- Director appointment, LEMMENS Niels (director (not named in the articles))
- The deed holds 4 more points.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 23 November 2022, FBD was incorporated as a private limited company by one natural person, with a starting capital of €5,000.12 LEMMENS Niels has served as director since 2022.3 Total assets went from €44,993 in 2023 to €97,988 in 2025.4
Company details
Identity
- Enterprise number
- 0793.906.002
- VAT number
- BE 0793.906.002
- Peppol ID
- 0208:0793906002
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 23-11-2022
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Thursday of May at 10:00deed of 28-11-2022 (in Dutch)
- Peppol
- Reachable since 21-10-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- FBD in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 28-11-2022 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 28-11-2022 (in Dutch)
Activities
NACEBEL 202570200
Business and other management consultancy main activity
Codes under NACEBEL 2008
70220
Business consulting main activity
69202
Legal and accounting activities
78100
Employment placement agencies
78300
Employment activities
82110
Office administrative, office support and other business support activities
82190
Office administrative, office support and other business support activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Verlenen van administratieve diensten in verband met boekhouding en organisatie van boekhoudingsdiensten voor eigen rekening en voor…”deed of 28-11-2022 (in Dutch)
8 activities
- Verlenen van administratieve diensten in verband met boekhouding en organisatie van boekhoudingsdiensten voor eigen rekening en voor rekening van derden;
- Administratieve en ondersteunende activiteiten ten behoeve van derden;
- Het verstrekken van adviezen in statistische,economische,financiële en administratieve aangelegenheden;
- Verlenen van advies in verband met personeelsadministratie voor rekening van derden;
- Het verstrekken van advies en bijstand over de sociale wetgeving,loonberekeningen of het verlenen van bijstand bij het vervullen van bepaalde sociaalrechtelijke formaliteiten;
- Het verwerven en behouden van participaties en deelnemingen en aankoop en beheer van patrimonium;
- Onder eender welke vorm participaties verwerven en aanhouden en deelnemen aan het bestuur van de ondernemingen waarin zij participeert. De vennootschap beoogt de verdere gunstige ontwikkeling van de vennootschap waarin zij participeert te stimuleren,te plannen en te coördineren;
- Het deelnemen in en de directie voeren over andere vennootschappen en ondernemingen; het management en het bestuur van om het even welke ondernemingen en vennootschappen;
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Export 28 registered office 2480 Dessel | 02-01-2023 | 2.338.316.939 |
Buildings and parcels at the address
- Ground area
- 404 m²
- Buildings
- 92 m²
- Volume, LiDAR
- 26 m³
- Tallest building
- 3.2 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 13006E1387/00Z002 | 404 m² | 1 · 92 m² | 3.2 m |