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.
Overview
- Equity
- €149,754
- Profit
- €38,850
Why 55- Liquidity: current ratio 1.31, cash €36, halved- Latest accounts 30 days late; 1 of the last 3 late- Founded in 2018+ Size: total assets €224,881Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
- Size: total assets €224,881 lowers the probability for this profile
- Liquidity: current ratio 1.31, cash €36, halved raises the probability
- Latest accounts 30 days late; 1 of the last 3 late raises the probability
- Founded in 2018 raises the probability for this profile
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 55%, liquidity 25%, profitability 64%, growth against the median 83%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
This company filed its last 6 accounts on average 65 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
- Annual accounts filedfiscal year 2025 · micro…
- Highest result since 2019net €38,850 ▲33.7%
- Annual accounts filedfiscal year 2024 · micro…
Financials · fiscal year 2025, micro schema
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.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.
| 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.
Directors
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Register details
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 5 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21616A0186/00S006 | Brussels | 88 m² | 1 · 82 m² | 14.8 m · 4 fl. |