FC Management
ActiveThe file of FC Management contains 3 judicial reorganisation notices and 2 historical bankruptcy publications, as published in the Belgian State Gazette.
Summary
The computed 12-month bankruptcy probability is 1.4% (low). The 2024 annual accounts show equity of €108,243 and a net result of €51,193. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 21% of 15369 sector peers (fiscal year 2024).
Checked score
Score 2024
Axes · tick = 2023
Profitability84▲+59
Solvency51▲+6
Growth58▲+26
Track record45
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days only on tighter terms
Liquidity ample (current ratio 2.21 against 1.17 in 2023; short-term debt: 38.2% and cash: 0.5% of total assets), but 73.6% of the assets are financed with debt.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 2024Solvency, return and age of the figures
Solvency
26.4%
Return on assets
12.5%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 15369 sector peers (2024).
NBB · sector comparisonPosition among 15369 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
71 d late
2023
187 d late
2023
on the day
2022
145 d late
2021
40 d late
2020
298 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 124 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€108,243▲ 89.7%
2023 · €57,051
Total assets
€409,736▲ 44.7%
2023 · €283,148
Net result
€51,193
2023 · -€2,327
Working capital
€188,986▲ 504%
2023 · €31,288
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320232024
Operating result€10,002▼ 36.1%€49,411▲ 394%€49,484▲ 0.1%€16,660-€67,882▲ 307%
Net result-€47,889below the sector's middle half€73,357above the sector's middle half€49,499within the sector's middle half▼ 32.5%-€2,327below the sector's middle half-€51,193within the sector's middle half
Equity€135,522within the sector's middle half▼ 53.5%€9,878below the sector's middle half▼ 92.7%€59,378within the sector's middle half▲ 501%€57,051within the sector's middle half-€108,243within the sector's middle half▲ 89.7%
Total assets€726,153above the sector's middle half▼ 21.3%€379,749within the sector's middle half▼ 47.7%€124,766within the sector's middle half▼ 67.1%€283,148within the sector's middle half-€409,736within the sector's middle half▲ 44.7%
Debt€590,632▼ 6.4%€369,870▼ 37.4%€65,388▼ 82.3%€226,098-€301,493▲ 33.3%
Working capital-€166,857▲ 3.6%€213,437€40,474▼ 81.0%€31,288-€188,986▲ 504%
Solvency18.7%below the sector's middle half▼ 12.9pp2.6%below the sector's middle half▼ 16.1pp47.6%within the sector's middle half▲ 45.0pp20.1%below the sector's middle half-26.4%below the sector's middle half▲ 6.3pp
Staff (FTE)
above
within
below
the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €409,736
Fixed assets
€64,051 ▼ 3.4%
Current assets
€345,685 ▲ 59.4%
Equity and liabilities €409,736
Equity
€108,243 ▲ 89.7%
Debt
€301,493 ▲ 33.3%
Debt's share of the balance-sheet total falls from 79.9% to 73.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€70,138▲
2023 · €17,225
Cash flow
€53,449▲
2023 · -€1,763
Current ratio
2.21▲
2023 · 1.17
Debt to equity
2.79▼
2023 · 3.96
ROE
47.3%▲
2023 · -4.1%
ROA
12.5%▲
2023 · -0.8%
Interest coverage
25.72▲
2023 · 0.91
Debt ≤ 1 year
€156,699▼
2023 · €185,554
Debt > 1 year
€144,700▲
2023 · €40,544
Income taxes
€13,962
Staff costs
€52,698▲
2023 · €17,693
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,811 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 95% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
0.8%
went bankrupt
3.8%
stopped otherwise
95%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,811 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €250 | - | - | - |
| Remuneration, social security and pensions62 | €17,248 | €27,080 | €43,776 | €17,693 | €52,698 | ▲ 198% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,201 | €1,226 | €1,499 | €564 | €2,256 | ▲ 300% |
| Other operating charges640/8 | €4,237 | €6,812 | €3,170 | €3,068 | €4,425 | ▲ 44.2% |
| Gross operating margin9900 | €43,688 | €84,530 | €97,929 | €37,985 | €127,261 | ▲ 235% |
| Operating profit (loss)9901 | €10,002 | €49,411 | €49,484 | €16,660 | €67,882 | ▲ 307% |
| Financial income75/76B | - | €135,029 | - | - | - | - |
| Recurring financial income75 | - | €135,029 | - | - | - | - |
| Financial charges65/66B | €6,109 | €146,977 | €203 | €18,988 | €2,727 | ▼ 85.6% |
| Recurring financial charges65 | €6,109 | €146,977 | €203 | €18,988 | €2,727 | ▼ 85.6% |
| Profit (loss) for the period before taxes9903 | €3,893 | €37,462 | €49,281 | -€2,327 | €65,155 | ▲ 2,900% |
| Income taxes67/77 | €51,782 | -€35,894 | -€218 | - | €13,962 | - |
| Profit (loss) for the period9904 | -€47,889 | €73,357 | €49,499 | -€2,327 | €51,193 | ▲ 2,300% |
| Profit (loss) for the period to be appropriated9905 | -€47,889 | €73,357 | €49,499 | -€2,327 | €51,193 | ▲ 2,300% |
| Line | 2021 | 2022 | 2023 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €726,153 | €379,749 | €124,766 | €283,148 | €409,736 | ▲ 44.7% |
| Fixed assets21/28 | €461,882 | €63,217 | €66,871 | €66,307 | €64,051 | ▼ 3.4% |
| Tangible fixed assets22/27 | €401,887 | €3,677 | €7,331 | €6,767 | €4,510 | ▼ 33.3% |
| Land and buildings22 | €401,887 | - | - | - | - | - |
| Furniture and vehicles24 | - | €3,677 | €7,331 | €6,767 | €4,510 | ▼ 33.3% |
| Financial fixed assets28 | €59,995 | €59,541 | €59,541 | €59,541 | €59,541 | = |
| Current assets29/58 | €264,271 | €316,532 | €57,895 | €216,841 | €345,685 | ▲ 59.4% |
| Amounts receivable within one year40/41 | €262,144 | €313,529 | €18,932 | €208,346 | €342,674 | ▲ 64.5% |
| Trade receivables40 | €262,013 | €313,529 | €15,879 | €102,879 | €341,276 | ▲ 232% |
| Other amounts receivable41 | €131 | - | €3,054 | €105,467 | €1,399 | ▼ 98.7% |
| Cash at bank and in hand54/58 | €0 | €1,503 | €38,962 | €8,496 | €2,046 | ▼ 75.9% |
| Deferred charges and accrued income490/1 | €2,127 | €1,500 | - | - | €965 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €726,153 | €379,749 | €124,766 | €283,148 | €409,736 | ▲ 44.7% |
| Equity10/15 | €135,522 | €9,878 | €59,378 | €57,051 | €108,243 | ▲ 89.7% |
| Contributions10/11 | €200,000 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Capital10 | €200,000 | €1,000 | €1,000 | €1,000 | - | - |
| Issued capital100 | €200,000 | €1,000 | €1,000 | €1,000 | - | - |
| Reserves13 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Non-distributable reserves130/1 | €20,000 | €20,000 | €20,000 | €20,000 | - | - |
| Legal reserve130 | €20,000 | €20,000 | €20,000 | €20,000 | - | - |
| Distributable reserves133 | - | - | - | - | €20,000 | - |
| Profit (loss) carried forward14 | -€84,478 | -€11,122 | €38,378 | €36,051 | €87,243 | ▲ 142% |
| Amounts payable17/49 | €590,632 | €369,870 | €65,388 | €226,098 | €301,493 | ▲ 33.3% |
| Amounts payable after more than one year17 | €159,504 | €266,776 | €47,967 | €40,544 | €144,700 | ▲ 257% |
| Financial debts170/4 | €9,504 | €54,776 | €47,747 | €40,324 | €144,700 | ▲ 259% |
| Other amounts payable178/9 | €150,000 | €212,000 | €220 | €220 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €431,128 | €103,094 | €17,421 | €185,554 | €156,699 | ▼ 15.6% |
| Current portion of amounts payable after more than one year42 | €315,100 | - | - | - | €40,690 | - |
| Financial debts43 | €11,422 | - | - | - | - | - |
| Credit institutions430/8 | €11,422 | - | - | - | - | - |
| Trade debts44 | €29,270 | €3,250 | €7,851 | €6,512 | €48,806 | ▲ 650% |
| Suppliers440/4 | €29,270 | €3,250 | €7,851 | €6,512 | €48,806 | ▲ 650% |
| Advances received on contracts in progress46 | - | - | - | €110,000 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €73,853 | €34,313 | €9,570 | €69,042 | €62,821 | ▼ 9.0% |
| Taxes450/3 | €68,798 | €32,873 | €4,256 | €63,022 | €55,164 | ▼ 12.5% |
| Remuneration and social security454/9 | €5,055 | €1,440 | €5,314 | €6,020 | €7,657 | ▲ 27.2% |
| Other amounts payable47/48 | €1,483 | €65,531 | - | - | €4,383 | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €93 | - |
| Line | 2021 | 2022 | 2023 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€47,889 | €73,357 | €49,499 | -€2,327 | €51,193 | ▲ 2,300% |
| + Depreciation and write-downs630 | €12,201 | €1,226 | €1,499 | €564 | €2,256 | ▲ 300% |
| Operating cash flow (approximation) | -€35,688 | €74,583 | €50,999 | -€1,763 | €53,449 | ▲ 3,132% |
| Investment in fixed assets (approximation) | - | €397,439 | -€5,153 | - | €0 | - |
| Change in cash | - | €1,502 | €37,459 | - | -€6,450 | - |
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
2025
10-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 71 days late
03-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 187 days late
2024
31-12
Financial
Back to profitnet €51,193
Net result €51,193 after one loss-making year.
31-12
Financial
Equity above €100,000Eq €108,243 ▲89.7%
Equity rises from €57,051 to €108,243.
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 145 days late
2022
30-09
Financial
Back to profitnet €73,357
Net result €73,357 after one loss-making year.
30-09
Financial
Liquidity times 5current ratio 3.07
Current ratio from 0.61 to 3.07; short-term debt falls from €431,128 to €103,094.
16-09
Judicial reorganisation
Plan homologation
Tribunal de l’entreprise de Liège · event 09-09-2022
28-06
Judicial reorganisation
Extension
Tribunal de l’entreprise de Liège · collective agreement · event 17-06-2022
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 40 days late
04-03
Judicial reorganisation
Extension
Tribunal de l’entreprise de Liège · collective agreement · event 28-02-2022
Show earlier events
22-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 298 days late
2021
21-12
Bankruptcy
Bankruptcy reversal
Tribunal de l’entreprise de Liège, division Namur · event 16-12-2021
29-11
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Namur · event 18-11-2021
14-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 563 days late
30-09
Financial
Weakest financial yearnet -€47,889
Net result drops to -€47,889, the lowest in the series; recovery starts the following year.
2020
30-09
Financial
Back to profitnet €6,741
Net result €6,741 after one loss-making year.
2019
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 73 days late
28-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 304 days late
2018
09-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 285 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Namur · 1 establishment unit since 2005
Ground area
2.5 ha
Building footprint
1,618 m²
Volume, LiDAR
35,904 m³
Parcel 92067C0347/00P000, Wallonia · tallest building 27.1 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
FC Vedrin
since 20052.199.118.771
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92067C0347/00P000 | Wallonia | 2.5 ha | 1 · 1,618 m² | 27.1 m · 7 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | BENEDICTE HUMBLET RUE DE GEMBLOUX 136,
5002 SAINT-SERVAIS |
18-11-2021 → 16-12-2021 |
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 30-09-2023 list no shareholders, and no other source names one.
Holdings 1
-
25%
According to the annual accounts to 30-09-2023 of FC Management and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 12,174 companies in sector 69201 we hold annual accounts for 7,641. 6,489 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
Founded30-12-2004
Fiscal year end31-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
Contact
E-mail
ldd@fcfgroup.beNamur
Phone
081243970Namur
E-invoicing
Reachable via Peppol
Peppol ID
0208:0870898662
Also
9925:BE0870898662
Registered
27-06-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.