FBM
ActiveSummary
The computed 12-month bankruptcy probability of FBM is 1.8% (moderate). The 2025 annual accounts show equity of €149,754 and a net result of €38,850. Equity is growing by ~48.1% per year across the filed fiscal years. The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Financials · fiscal year 2025, micro schema
Turnover
€21,488
EBIT margin
96.8%
Net result
€38,850▲ 33.7%
2024 · €29,066
Working capital
€15,174
2024 · -€11,640
Trend over the years
2020 to 2025, 5 fiscal years 2019 to 2025, 6 fiscal years
The operating result returns to profit in 2025: €3,915 after a loss of €3,621 in 2024.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
Operating result€3,915
2025
Net result€38,850
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€224,881
2025
Equity€149,754
2025
Debt€75,127
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€15,174
2025
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201920202021202220242025
Turnover€21,488
Operating result€10,474-€16,272▲ 55.4%€20,800▲ 27.8%-€833-€3,621-€3,915
Net result€6,024-€10,840▲ 79.9%€14,837▲ 36.9%€16,880▲ 13.8%€29,066-€38,850▲ 33.7%
EBIT margin96.8%
Equity€12,224-€23,064▲ 88.7%€37,901▲ 64.3%€54,781▲ 44.5%€110,904-€149,754▲ 35.0%
Total assets€163,124-€170,394▲ 4.5%€169,466▼ 0.5%€177,212▲ 4.6%€217,256-€224,881▲ 3.5%
Debt€150,900-€147,331▼ 2.4%€131,565▼ 10.7%€122,431▼ 6.9%€106,352-€75,127▼ 29.4%
Working capital-€46,762--€56,256▼ 20.3%-€51,732▲ 8.0%-€44,511▲ 14.0%-€11,640-€15,174
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €224,881
Fixed assets
€160,000 =
Current assets
€64,881 ▲ 13.3%
Equity and liabilities €224,881
Equity
€149,754 ▲ 35.0%
Debt
€75,127 ▼ 29.4%
Debt's share of the balance-sheet total falls from 49.0% to 33.4%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
1.31▲
2024 · 0.83
Debt to equity
0.50▼
2024 · 0.96
ROE
25.9%▼
2024 · 26.2%
ROA
17.3%▲
2024 · 13.4%
Debt ≤ 1 year
€49,707▼
2024 · €68,896
Debt > 1 year
€25,216▼
2024 · €36,865
Income taxes
€0▼
2024 · €927
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Turnover70 | - | - | €21,488 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €688 | - | - | - | - |
| Other operating charges640/8 | - | - | - | €348 | €387 | €387 | = |
| Gross operating margin9900 | €10,474 | €16,620 | €20,800 | -€485 | -€3,234 | €4,302 | ▲ 233% |
| Operating profit (loss)9901 | €10,474 | €16,272 | €20,800 | -€833 | -€3,621 | €3,915 | ▲ 208% |
| Financial income75/76B | - | - | - | €20,000 | €35,015 | €35,000 | = |
| Recurring financial income75 | - | - | - | €20,000 | €35,015 | €35,000 | = |
| Financial charges65/66B | - | - | €2,253 | €2,183 | €1,401 | €65 | ▼ 95.4% |
| Recurring financial charges65 | €2,907 | €2,723 | €2,253 | €2,183 | €1,401 | €65 | ▼ 95.4% |
| Profit (loss) for the period before taxes9903 | €7,568 | €13,550 | €18,547 | €16,984 | €29,993 | €38,850 | ▲ 29.5% |
| Income taxes67/77 | €1,544 | €2,710 | €3,709 | €104 | €927 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €6,024 | €10,840 | €14,837 | €16,880 | €29,066 | €38,850 | ▲ 33.7% |
| Profit (loss) for the period to be appropriated9905 | €6,024 | €10,840 | €14,837 | €16,880 | €29,066 | €38,850 | ▲ 33.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €163,124 | €170,394 | €169,466 | €177,212 | €217,256 | €224,881 | ▲ 3.5% |
| Fixed assets21/28 | €160,000 | €160,000 | €160,000 | €160,000 | €160,000 | €160,000 | = |
| Tangible fixed assets22/27 | €160,000 | €160,000 | - | - | - | - | - |
| Financial fixed assets28 | - | - | €160,000 | €160,000 | €160,000 | €160,000 | = |
| Current assets29/58 | €3,124 | €10,394 | €9,466 | €17,212 | €57,256 | €64,881 | ▲ 13.3% |
| Amounts receivable within one year40/41 | - | - | - | €9,023 | €56,000 | €64,845 | ▲ 15.8% |
| Trade receivables40 | - | - | - | €9,023 | - | - | - |
| Other amounts receivable41 | - | - | - | - | €56,000 | €64,845 | ▲ 15.8% |
| Cash at bank and in hand54/58 | €3,124 | €10,394 | €9,466 | €8,189 | €1,256 | €36 | ▼ 97.1% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €163,124 | €170,394 | €169,466 | €177,212 | €217,256 | €224,881 | ▲ 3.5% |
| Equity10/15 | €12,224 | €23,064 | €37,901 | €54,781 | €110,904 | €149,754 | ▲ 35.0% |
| Contributions10/11 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Outside capital11 | - | - | €6,200 | - | - | - | - |
| Other1109/19 | - | - | €6,200 | - | - | - | - |
| Profit (loss) carried forward14 | €6,024 | €16,864 | €31,701 | €48,581 | €104,704 | €143,554 | ▲ 37.1% |
| Amounts payable17/49 | €150,900 | €147,331 | €131,565 | €122,431 | €106,352 | €75,127 | ▼ 29.4% |
| Amounts payable after more than one year17 | €101,014 | €80,680 | €70,130 | €60,361 | €36,865 | €25,216 | ▼ 31.6% |
| Financial debts170/4 | - | - | €70,130 | €60,361 | €36,865 | €25,216 | ▼ 31.6% |
| Amounts payable within one year42/48 | €49,886 | €66,650 | €61,198 | €61,723 | €68,896 | €49,707 | ▼ 27.9% |
| Current portion of amounts payable after more than one year42 | - | - | €10,550 | €9,769 | €12,410 | €11,649 | ▼ 6.1% |
| Trade debts44 | €2,308 | €6,088 | €3,403 | - | €10,986 | €1,049 | ▼ 90.4% |
| Suppliers440/4 | - | - | €3,403 | - | - | €1,049 | - |
| Bills of exchange payable441 | - | - | - | - | €10,986 | - | - |
| Taxes, remuneration and social security45 | - | - | €6,210 | €5,792 | - | - | - |
| Taxes450/3 | - | - | €6,210 | €5,792 | - | - | - |
| Other amounts payable47/48 | - | - | €41,035 | €46,162 | €45,501 | €37,008 | ▼ 18.7% |
| Accrued charges and deferred income492/3 | - | - | €237 | €348 | €591 | €204 | ▼ 65.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,024 | €10,840 | €14,837 | €16,880 | €29,066 | €38,850 | ▲ 33.7% |
| Operating cash flow (approximation) | €6,024 | €10,840 | €14,837 | €16,880 | €29,066 | €38,850 | ▲ 33.7% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - | €0 | - |
| Change in cash | - | €7,270 | -€928 | -€1,277 | - | -€1,220 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.