Equity
-€18,059
Debts exceed assets in financial year 2026.
FDV MOTORS
Lifetime
7 annual accounts with figures on one time axisGross marginpeak €7,052 (2026)
€7,052▲ €20,459
Resultlowest -€15,932 (2025)
€4,948▲ €20,880
Equitypeak -€2,351 (2020)
-€18,059▲ €4,948
Debts
€61,801▼ 41.4%
Board1 name since 2022
1 directorDE VADDER Frederiek
Documentsfilings and deeds
30-09-202631 days before the deadline
2026micro format
Gross margin from -€13,407 to €7,052Back to profit: €4,948Equity from -€23,007 to -€18,059Debts from €105,460 to €61,801
Key points
from the 2026 annual accountsDebts
€61,801 141% of the balance sheet
Financial debts 97%Taxes and wages 1%Other 3%
Position in the sector
-41.3%
Lower solvency than 87% of companies in retail trade. Sector median 37.6% · 725 companies.
Checked score
52
Fair
Financially stronger than 32% of micro companies in retail trade (NACE 47)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,273 companies (NACE 47, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.5%
01-2025: 2.5%● unchanged vs 12-2024
02-2025: 2.4%▼ -0.1 percentage points vs 01-2025
03-2025: 2.4%● unchanged vs 02-2025
04-2025: 2.4%● unchanged vs 03-2025
05-2025: 2.4%● unchanged vs 04-2025
06-2025: 2.3%▼ -0.1 percentage points vs 05-2025
07-2025: 2.3%● unchanged vs 06-2025
08-2025: 2.2%▼ -0.1 percentage points vs 07-2025
09-2025: 2.2%● unchanged vs 08-2025
10-2025: 2.3%▲ +0.1 percentage points vs 09-2025
11-2025: 3.0%▲ +0.7 percentage points vs 10-2025highest value
12-2025: 3.0%● unchanged vs 11-2025highest value
01-2026: 3.0%● unchanged vs 12-2025highest value
02-2026: 3.0%● unchanged vs 01-2026highest value
03-2026: 3.0%● unchanged vs 02-2026highest value
04-2026: 3.0%● unchanged vs 03-2026
05-2026: 3.0%● unchanged vs 04-2026
06-2026: 2.9%▼ -0.1 percentage points vs 05-2026
07-2026: 3.0%▲ +0.1 percentage points vs 06-2026
08-2026: 2.9%▼ -0.1 percentage points vs 07-2026
09-2026: 2.8%▼ -0.1 percentage points vs 08-2026
10-2026: 2.1%▼ -0.7 percentage points vs 09-2026lowest value
11-2026: 2.1%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 0.71, cash €13
Negative equity -€18,059
Founded in 2019
lowers risk
Size: total assets €43,742
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 47, micro). It does better than 6% of them on solvency, 1% on liquidity, 46% on profitability and 74% on growth.
The bankruptcy probability was computed on 05-11-2026 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 31-03-2026.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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, 2,180 companies had the same profile as FDV MOTORS has now. Each dot stands for 6 companies, two years later.
88.8%
were still trading
5.8%
stopped another way
4.8%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of FDV MOTORS itself: 2.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 2,180 companies, not a prediction for FDV MOTORS. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.71 (0.78 in 2025), below 1. Short-term debt is 141.3% and cash 0% of total assets. Equity is negative.
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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 12% of 725 sector peers (2026).
NBB · sector comparisonPosition among 725 sector peers
Solvency
better than 12%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 30-09-2026, 31 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2026
31 days early
2025
6 days early
2024
2 days early
2023
3 days early
2022
5 days early
2021
7 days early
2020
13 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 6 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 26 October (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
06-11-2026 today31-03-2027 year end31-10-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0721628827
Resignation: DE VADDER Frederiek (manager)
Reappointment: DE VADDER Frederiek (director) · Director discharge: DE VADDER Frederiek · Gazette deed
Incorporation
published on 01-03-2019 · Gazette deed
First establishment
Brugse Steenweg 169, Bruges
Comparable companies
same main activity, similar in size and age| Company | Turnover | EBIT margin | Solvency | Staff |
|---|---|---|---|---|
| FDV MOTORS Bruges | - | - | -41.3% | - |
| MSL Group Molenbeek-Saint-Jean | - | - | 21.6% | - |
| NATIONAL CAB Molenbeek-Saint-Jean | - | - | 92.0% | - |
| WHEELER DEALERS Rumst | €99,746 | 7.8% | 83.8% | - |
| ER GROUP Zaventem | - | - | 38.2% | - |
| NEW CAR COMPANY Ternat | - | - | 70.7% | - |
| V6 CARS Brussels | €12,227 | 66.2% | 23.5% | - |
These companies have the same main activity as FDV MOTORS: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €44,900 and €59,200, founded between 2017 and 2020.
Official details
Source: KBO- Status
- Active since 27-02-2019Normal situation
- Activity
- Retail sale of cars and light vans (up to 3.5 tonnes)NACE 47811and 1 other
- Establishment unit
- 2.286.299.9958000 Bruges, since 27-02-2019
- Financial year end
- 31 March
- Peppol
- Reachable since 13-11-2025
Annual accounts to 31-03-2026
- Turnover
- ≈ €110,000estimated
- Total assets
- €43,742▼ 46.9%
- Filing
- Filed on 30-09-2026, 31 days before the end of the filing period
Insights on FDV MOTORS
FDV MOTORS files the micro format. That format states no turnover. The gross margin rose from -€10,807 in 2020 to €7,052 in 2026.
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 FDV MOTORS
- What is the company number of FDV MOTORS?
- The company number of FDV MOTORS is 0721.628.827. The VAT number is the same number with BE in front: BE 0721.628.827.
- Where is FDV MOTORS based?
- The registered office is at Brugse Steenweg 169, 8000 Bruges.Company details
- What does FDV MOTORS do?
- According to the KBO register, the main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811).
- What is the legal form of FDV MOTORS?
- FDV MOTORS is a private limited company (BV).
- When was FDV MOTORS founded?
- FDV MOTORS was founded on 27-02-2019.
- Is FDV MOTORS still active?
- Yes, FDV MOTORS is an active enterprise in the KBO register.
- What is the turnover of FDV MOTORS?
- The turnover in financial year 2026 is ≈ €110,000. This figure is estimated from the gross margin of €7,052 and 73 comparable companies (NACE 47811). It probably lies between €54,000 and €320,000. It is a rough estimate.Financials
- Is FDV MOTORS profitable?
- In financial year 2026, FDV MOTORS made a profit of €4,948.
- Where can I find the annual accounts of FDV MOTORS?
- FDV MOTORS filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of FDV MOTORS due?
- FDV MOTORS must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
Next steps
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