Losses
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
Green is investment, beige is depreciation.
Lower net result than 86% of companies in head offices and management consultancy. Sector median €26,448 · 41,229 companies.
In July 2024, 3,445 companies had the same profile as FBM has now. Each dot stands for 9 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 3,445 companies, not a prediction for FBM. 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.
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.
| Company | ||||
|---|---|---|---|---|
| FBM Antwerp | €129,079 | -€766 | 38.6% | - |
| JUNCTA Duffel | €135,042 | -€16,637 | 99.5% | - |
| SCBEL Kontich | €120,320 | -€13,477 | 34.2% | - |
| Bluegray Zoersel | €142,298 | -€18,415 | -10.8% | 0 |
| Healthy Crafts Benelux Turnhout | €142,050 | -€2,335 | 93.0% | - |
| MDB Projects Kontich | €148,496 | -€2,322 | 88.1% | - |
| DBU Antwerp | €146,680 | -€5,192 | 27.9% | - |
These companies have the same main activity as FBM: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €120,000 and €148,000, founded between 2020 and 2021.
FBM files the micro format. That format states no turnover. The gross margin fell from €34,641 in 2021 to -€766 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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