FBMS
ActiveSummary
The computed 12-month bankruptcy probability of FBMS is 1.6% (moderate). The 2025 annual accounts show negative equity (€-14k) and a net result of €11k. Equity is growing by ~27% per year across the filed fiscal years. Its solvency ranks better than 21% of 4659 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability94▲+19
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.44 against 0.28 in 2024; short-term debt: 87.7% and cash: 9.9% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-26.8%
Return on assets
20.4%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 4659 sector peers (2025).
NBB · sector comparisonPosition among 4659 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
26 d late
2024
25 d late
2023
77 d late
2022
31 d late
2021
18 d late
2020
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-14k▲ 43.2%
2024 · €-25k
2020: €4khighest in 6 years
2021: €-51k▼ -1421% vs 2020lowest in 6 years
2022: €-44k▲ +13.8% vs 2021
2023: €-27k▲ +38.8% vs 2022
2024: €-25k▲ +6.9% vs 2023
2025: €-14k▲ +43.2% vs 2024
2020 → 2025
Total assets
€53k▲ 47.9%
2024 · €36k
2020: €139k
2021: €150k▲ +8.1% vs 2020highest in 6 years
2022: €43k▼ -71.3% vs 2021
2023: €25k▼ -41.2% vs 2022lowest in 6 years
2024: €36k▲ +42.4% vs 2023
2025: €53k▲ +47.9% vs 2024
2020 → 2025
Net result
€11k▲ 487%
2024 · €2k
2020: €-8k
2021: €-55k▼ -576% vs 2020lowest in 6 years
2022: €7k▲ +113% vs 2021
2023: €17k▲ +143% vs 2022highest in 6 years
2024: €2k▼ -89.2% vs 2023
2025: €11k▲ +487% vs 2024
2020 → 2025
Working capital
€-26k▲ 24.5%
2024 · €-35k
2020: €-10khighest in 6 years
2021: €-71k▼ -594% vs 2020lowest in 6 years
2022: €-55k▲ +23.0% vs 2021
2023: €-32k▲ +41.8% vs 2022
2024: €-35k▼ -8.7% vs 2023
2025: €-26k▲ +24.5% vs 2024
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-51k-€-44k▲ 13.8%€-27k▲ 38.8%€-25k▲ 6.9%€-14k▲ 43.2%
2021: €-51klowest in 5 years
2022: €-44k▲ +13.8% vs 2021
2023: €-27k▲ +38.8% vs 2022
2024: €-25k▲ +6.9% vs 2023
2025: €-14k▲ +43.2% vs 2024highest in 5 years
Operating result€-29k-€5k€23k▲ 399%€7k▼ 70.0%€14k▲ 107%
2021: €-29klowest in 5 years
2022: €5k▲ +116% vs 2021
2023: €23k▲ +399% vs 2022highest in 5 years
2024: €7k▼ -70.0% vs 2023
2025: €14k▲ +107% vs 2024
Net result€-55k-€7k€17k▲ 143%€2k▼ 89.2%€11k▲ 487%
2021: €-55klowest in 5 years
2022: €7k▲ +113% vs 2021
2023: €17k▲ +143% vs 2022highest in 5 years
2024: €2k▼ -89.2% vs 2023
2025: €11k▲ +487% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 107% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €53k
Fixed assets
€33k ▲ 44.1%
Current assets
€21k ▲ 54.3%
Key figures and ratios
EBITDA
€26k▲
2024 · €15k
Cash flow
€22k▲
2024 · €10k
Solvency
-26.8%▲
2024 · -69.7%
Current ratio
0.44▲
2024 · 0.28
Debt to equity
-4.74▼
2024 · -2.43
ROA
20.4%▲
2024 · 5.1%
Interest coverage
7.49▼
2024 · 10.73
Debt
€68k▲
2024 · €61k
Debt ≤ 1 year
€47k▼
2024 · €48k
Debt > 1 year
€21k▲
2024 · €13k
Staff costs
€7k▲
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€36k€53k▲
Fixed assets21/28€23k€33k▲
Tangible fixed assets22/27€22k€32k▲
Furniture and vehicles24€22k€32k▲
Financial fixed assets28€300€300=
Current assets29/58€13k€21k▲
Amounts receivable within one year40/41€5k€13k▲
Trade receivables40€5k€6k▲
Other amounts receivable41-€7k
Cash at bank and in hand54/58€8k€5k▼
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€36k€53k▲
Equity10/15€-25k€-14k▲
Contributions10/11€12k€12k=
Profit (loss) carried forward14€-37k€-26k▲
Amounts payable17/49€61k€68k▲
Amounts payable after more than one year17€13k€21k▲
Financial debts170/4€13k€21k▲
Amounts payable within one year42/48€48k€47k▼
Current portion of amounts payable after more than one year42€9k€13k▲
Financial debts43-€1k
Credit institutions430/8-€1k
Trade debts44€5k€3k▼
Suppliers440/4€5k€3k▼
Taxes, remuneration and social security45€1k€2k▲
Taxes450/3€875€2k▲
Remuneration and social security454/9€221-
Other amounts payable47/48€33k€28k▼
Income statement
Code20242025
Remuneration, social security and pensions62€3k€7k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€12k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€19k€34k▲
Operating profit (loss)9901€7k€14k▲
Financial charges65/66B€5k€3k▼
Recurring financial charges65€1k€3k▲
Non-recurring financial charges66B€4k-
Profit (loss) for the period before taxes9903€2k€11k▲
Income taxes67/77€3-
Profit (loss) for the period9904€2k€11k▲
Profit (loss) for the period to be appropriated9905€2k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-37k€-26k▲
Profit (loss) brought forward from the previous period14P€-39k€-37k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €35k | €9k | - | €3k | €7k | ▲ 145% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €36k | €15k | €12k | €8k | €12k | ▲ 48.5% |
| Other operating charges640/8 | €988 | €1k | €886 | €2k | €1k | ▼ 14.5% |
| Gross operating margin9900 | €43k | €30k | €36k | €19k | €34k | ▲ 77.7% |
| Operating profit (loss)9901 | €-29k | €5k | €23k | €7k | €14k | ▲ 107% |
| Financial income75/76B | €3 | €12k | €305 | - | - | - |
| Recurring financial income75 | €2 | €3k | €305 | - | - | - |
| Non-recurring financial income76B | €1 | €8k | - | - | - | - |
| Financial charges65/66B | €26k | €9k | €6k | €5k | €3k | ▼ 31.9% |
| Recurring financial charges65 | €3k | €4k | €1k | €1k | €3k | ▲ 152% |
| Non-recurring financial charges66B | €23k | €6k | €5k | €4k | - | - |
| Profit (loss) for the period before taxes9903 | €-55k | €7k | €17k | €2k | €11k | ▲ 486% |
| Income taxes67/77 | - | €120 | €30 | €3 | - | - |
| Profit (loss) for the period9904 | €-55k | €7k | €17k | €2k | €11k | ▲ 487% |
| Profit (loss) for the period to be appropriated9905 | €-55k | €7k | €17k | €2k | €11k | ▲ 487% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €150k | €43k | €25k | €36k | €53k | ▲ 47.9% |
| Fixed assets21/28 | €125k | €22k | €5k | €23k | €33k | ▲ 44.1% |
| Tangible fixed assets22/27 | €125k | €22k | €5k | €22k | €32k | ▲ 44.7% |
| Plant, machinery and equipment23 | €2k | €867 | - | - | - | - |
| Furniture and vehicles24 | €123k | €21k | €5k | €22k | €32k | ▲ 44.7% |
| Financial fixed assets28 | €300 | €300 | €300 | €300 | €300 | = |
| Current assets29/58 | €25k | €21k | €20k | €13k | €21k | ▲ 54.3% |
| Amounts receivable within one year40/41 | €18k | €12k | €12k | €5k | €13k | ▲ 185% |
| Trade receivables40 | €17k | €12k | €12k | €5k | €6k | ▲ 36.2% |
| Other amounts receivable41 | €1k | €259 | - | - | €7k | - |
| Cash at bank and in hand54/58 | €4k | €8k | €8k | €8k | €5k | ▼ 31.0% |
| Deferred charges and accrued income490/1 | €3k | €699 | €238 | €1k | €2k | ▲ 104% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €150k | €43k | €25k | €36k | €53k | ▲ 47.9% |
| Equity10/15 | €-51k | €-44k | €-27k | €-25k | €-14k | ▲ 43.2% |
| Contributions10/11 | €12k | €12k | €12k | €12k | €12k | = |
| Capital10 | €12k | - | - | - | - | - |
| Issued capital100 | €12k | - | - | - | - | - |
| Profit (loss) carried forward14 | €-63k | €-56k | €-39k | €-37k | €-26k | ▲ 29.3% |
| Amounts payable17/49 | €201k | €87k | €52k | €61k | €68k | ▲ 10.4% |
| Amounts payable after more than one year17 | €105k | €12k | €634 | €13k | €21k | ▲ 57.4% |
| Financial debts170/4 | €105k | €12k | €634 | €13k | €21k | ▲ 57.4% |
| Amounts payable within one year42/48 | €96k | €75k | €52k | €48k | €47k | ▼ 2.5% |
| Current portion of amounts payable after more than one year42 | €35k | €26k | €11k | €9k | €13k | ▲ 45.9% |
| Financial debts43 | - | - | - | - | €1k | - |
| Credit institutions430/8 | - | - | - | - | €1k | - |
| Trade debts44 | €31k | €18k | €6k | €5k | €3k | ▼ 35.6% |
| Suppliers440/4 | €31k | €18k | €6k | €5k | €3k | ▼ 35.6% |
| Taxes, remuneration and social security45 | €8k | €120 | €428 | €1k | €2k | ▲ 40.1% |
| Taxes450/3 | - | €120 | €428 | €875 | €2k | ▲ 75.4% |
| Remuneration and social security454/9 | €8k | - | - | €221 | - | - |
| Other amounts payable47/48 | €22k | €31k | €34k | €33k | €28k | ▼ 15.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-55k | €7k | €17k | €2k | €11k | ▲ 487% |
| + Depreciation and write-downs630 | €36k | €15k | €12k | €8k | €12k | ▲ 48.5% |
| Operating cash flow (approximation) | €-19k | €22k | €29k | €10k | €22k | ▲ 133% |
| Investment in fixed assets (approximation) | - | €88k | €5k | €-25k | €-22k | ▲ 13.8% |
| Change in cash | - | €4k | €-60 | €-82 | €-2k | ▼ 2,795% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
16-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 77 days late
2023
31-12
Financial
Highest result since 2020net €17k ▲143%
Operating result €23k, net result €17k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Back to profitnet €7k
Net result €7k after 2 loss-making years.
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
31-12
Financial
Weakest financial yearnet €-55k
Net result drops to €-55k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Hensies · 1 establishment unit since 2019
Ground area
958 m²
Building footprint
134 m²
Volume, LiDAR
749 m³
Parcel 53076D0061/00H000, Wallonia · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FBMS
since 20192.295.034.648
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53076D0061/00H000 | Wallonia | 958 m² | 1 · 134 m² | 6.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 903 companies in sector 96301 we hold annual accounts for 612. 77 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded29-10-2019
Fiscal year end31-12
Activities, NACEBEL 2025
96301Funeral services
Scores and ratios are computed by Checked and are not a credit decision.