Turnover
≈ €120,000 estimated
The micro format states no turnover.
FDM
Lifetime
2 annual accounts with figures on one time axispeak €57,352 (2025)
€57,352▲ 14×
peak €17,696 (2025)
€17,696▲ 831%
peak €20,597 (2025)
€20,597▲ 610%
€77,041▼ 30.1%
Board1 name since 2024
1 directorDUCATTEEUW Fabian Frans Jacques
Documentsfilings and deeds
16-12-202546 days before the deadline
2025micro format
Gross margin from €4,043 to €57,352Result from €1,902 to €17,696Equity from €2,902 to €20,597Debts from €110,253 to €77,041Cash from €8,808 to €18,390
Key points
from the 2025 annual accountsDebts
€77,041 79% of the balance sheet
Financial debts 26%Suppliers 9%Taxes and wages 9%Other 56%
Of this, €56,928 falls due within a year.
Starting capital
€1,000 100 shares
Checked score
94
Excellent
Financially stronger than 52% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
05-2025: 0.2%
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.3%▲ +0.1 percentage points vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025highest value
01-2026: 0.1%▼ -0.2 percentage points vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026lowest value
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2024
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Liquidity: current ratio 0.71, cash €18,390
Size: total assets €97,639
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 24% of them on solvency, 23% on liquidity, 61% on profitability and 99% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 7,976 companies had the same profile as FDM has now. Each dot stands for 20 companies, two years later.
94.3%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of FDM itself is lower: 0.1% within 12 months. It rests on far more data about FDM than the profile alone.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 7,976 companies, not a prediction for FDM. 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.
Credit verdict
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.71 (0.44 in 2024), below 1. Short-term debt is 58.3% and cash 18.8% of total assets. 78.9% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 39364 sector peers (2025).
NBB · sector comparisonPosition among 39364 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 16-12-2025, 46 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
46 days early
2024
43 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 45 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1008643018
Incorporation
Founding capital of €1,000, 100 shares · Founder: DUCATTEEUW Fabian Frans Jacques · Appointment: DUCATTEEUW Fabian Frans Jacques (statutory director) · published on 24-04-2024 · Gazette deed
First establishment
Papegaaistraat 10, Waregem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FDM Waregem | €97,639 | €57,352 | 21.1% | - |
| Georges Management & Consulting Torhout | €86,458 | €58,100 | 69.0% | - |
| Papegoai Gistel | €102,128 | €54,597 | 78.3% | - |
| VDV Support Harelbeke | €79,553 | €56,273 | 47.7% | - |
| J&S FOOD Harelbeke | €96,359 | €51,743 | 37.5% | - |
| Demaire Middelkerke | €106,402 | €66,692 | 41.2% | - |
| Hof ter Wildebeek Zedelgem | €81,436 | €49,351 | 65.3% | - |
These companies have the same main activity as FDM: activities of head offices (NACE 70100). They are comparable in size and age: total assets between €79,600 and €106,000, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 22-04-2024Normal situation
- Activity
- Activities of head officesNACE 70100and 4 others
- Establishment unit
- 2.358.877.1778790 Waregem, since 22-04-2024
- Financial year end
- 30 June
- Peppol
- Reachable since 31-05-2024
Annual accounts to 30-06-2025
- €97,639▼ 13.7%
- Filing
- Filed on 16-12-2025, 46 days before the end of the filing period
Insights on FDM
FDM has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20,597 and a net result of €17,696.
Its solvency ranks better than 24% of 39,364 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about FDM
- What is the company number of FDM?
- The company number of FDM is 1008.643.018. The VAT number is the same number with BE in front: BE 1008.643.018.
- Where is FDM based?
- The registered office is at Papegaaistraat 10, 8790 Waregem.Company details
- What does FDM do?
- According to the KBO register, the main activity is activities of head offices (NACE 70100).
- What is the legal form of FDM?
- FDM is a private limited company (BV).
- When was FDM founded?
- FDM was founded on 22-04-2024.
- Is FDM still active?
- Yes, FDM is an active enterprise in the KBO register.
- What is the turnover of FDM?
- The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €57,352 and 126 comparable companies (NACE 70). It probably lies between €89,000 and €150,000.Financials
- Is FDM profitable?
- In financial year 2025, FDM made a profit of €17,696.
- Where can I find the annual accounts of FDM?
- FDM filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FDM due?
- FDM must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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