FBM
Annual accounts 2025
abbreviated format, filed on 27-05-2026, 65 days before the deadlineMoney flows
turnover is 32.3% of income in 2025Balance sheet
balance sheet total €1.9m on 31-12-2025Position in the sector
40.8%
Higher than 50% of 2,828 companies in 2025.
2.03
Higher than 63% of 2,718 companies in 2025.
-26.2%
Lower than 95% of 2,776 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter · Staff: top quarter
Staff
€111,234
Staff costs divided by the average number of full-time equivalents.
+17 people
In 2025, 22 people joined and 5 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
1.9m | |
20 |
121,457 | |
21/28 |
179,058 | |
21 |
62,869 | |
22/27 |
116,189 | |
23 |
2,921 | |
24 |
113,268 | |
29/58 |
1.6m | |
40/41 |
467,549 | |
40 |
373,748 | |
41 |
93,801 | |
50/53 |
300,866 | |
54/58 |
187,124 | |
490/1 |
660,607 | |
| Balance sheet: equity and liabilities | ||
10/49 |
1.9m | |
10/15 |
782,076 | |
13 |
436,091 | |
14 |
345,985 | |
17/49 |
1.1m | |
17 |
49,429 | |
170/4 |
49,429 | |
42/48 |
797,303 | |
42 |
19,668 | |
44 |
575,645 | |
440/4 |
575,645 | |
45 |
186,997 | |
450/3 |
1,609 | |
454/9 |
185,388 | |
47/48 |
14,993 | |
492/3 |
287,853 | |
| Income statement | ||
70 |
1.4m | |
73 |
2.3m | |
76A |
2,278 | |
9900 |
1.2m | |
60/61 |
2.5m | |
62 |
1.6m | |
630 |
108,240 | |
640/8 |
3,180 | |
9901 |
-498,556 | |
75/76B |
10,181 | |
75 |
10,181 | |
65/66B |
12,470 | |
65 |
12,470 | |
9903 |
-500,845 | |
67/77 |
2,234 | |
9904 |
-503,079 | |
9905 |
-503,079 | |
| Appropriation of the result | ||
9906 |
-503,079 | |
791 |
849,064 | |
| Social balance sheet | ||
9087 |
14 | |
Hours worked1013 |
19,143 | |
| Document | ||
The notes to these accounts have 18 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 27-05-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 27-05-2026 | 2026-00122619 |
Subsidies and aid
Flemish government 2025, 4 entries, -€250 awarded, €524,250 paid
European Union 2025, 2 entries, €190,539 in total
Projects
- EMPOWERING RESEARCH TALENT: BUILDING R&I TALENT ECOSYSTEMS TO ADVANCE CAREERS IN HEALTH INNOVATIONHorizon Europe, 01-10-2025 to 30-09-2028, €190,539, BREATH
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| -390,316 | ||
| -394,839 | ||
| 43,624 | ||
| 818,843 | ||
| -36.8% | ||
| 40.8% | ||
| 2.03 | ||
| 1.45 | ||
| -64.3% | ||
| -26.2% | ||
| -31.30 | ||
| 101 days | ||
| 84 days |
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.
Social balance sheet
| Item | 31-12-2025 |
|---|---|
| Employees at the balance-sheet date | 17 |
| full-time | 10 |
| part-time | 7 |
| in full-time equivalents | 15.4 |
| 14 | |
| On a permanent contract | 17 |
| Joined | 22 |
| Left | 5 |
Source: social balance sheet in the 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 |
|---|---|
| Tangible fixed assets | €28,583 |
| Intangible fixed assets | €15,041 |
| €108,240 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on FBM
Debt's share of the balance-sheet total is 59.2%.