FEM HRM
ActiveFEM HRM has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €54k and a net result of €49k. Equity is growing by ~56.7% per year across the filed fiscal years. Its solvency ranks better than 15% of 1894 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▼-9
Solvency33▼-39
Growth32▼-46
Track record94
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity short (current ratio 0.52 against 2.04 in 2024; short-term debt: 56.3% and cash: 17.9% of total assets), and 92.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Sector 63
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
7.7%
Return on assets
7.1%
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 15% of 1894 sector peers (2025).
NBB · sector comparisonPosition among 1894 sector peers
Solvency
better than 15%
← 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 28-08-2026, 28 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 · 5 filingsDeviation from the deadline
2025
28 d late
2024
69 d early
2023
26 d late
2022
33 d early
2021
32 d early
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€54k▼ 86.1%
2024 · €384k
2021: €74k
2022: €153k
2023: €262k
2024: €384k
2021 → 2025
Total assets
€694k▼ 15.3%
2024 · €819k
2021: €490k
2022: €652k
2023: €776k
2024: €819k
2021 → 2025
Net result
€49k▼ 59.8%
2024 · €123k
2021: €71k
2022: €80k
2023: €111k
2024: €123k
2021 → 2025
Working capital
€-186k
2024 · €160k
2021: €18k
2022: €24k
2023: €60k
2024: €160k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€74k-€153k▲ 107%€262k▲ 71.8%€384k▲ 46.4%€54k▼ 86.1%
Operating result€92k-€109k▲ 18.6%€150k▲ 37.6%€168k▲ 11.6%€78k▼ 53.7%
Net result€71k-€80k▲ 12.3%€111k▲ 38.8%€123k▲ 10.9%€49k▼ 59.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 54% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €694k
Fixed assets
€490k▼ 3.0%
Current assets
€204k▼ 35.0%
Equity and liabilities €694k
Equity
€54k▼ 86.1%
Debt
€640k▲ 47.3%
The debt ratio rises from 53.1% to 92.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€92k▼
2024 · €182k
Cash flow
€63k▼
2024 · €136k
Solvency
7.7%▼
2024 · 46.9%
Current ratio
0.52▼
2024 · 2.04
Quick ratio
0.52▼
2024 · 2.04
Debt / equity
11.96▲
2024 · 1.13
ROE
92.1%▲
2024 · 31.9%
ROA
7.1%▼
2024 · 15.0%
Interest coverage
7.85▼
2024 · 18.29
Debt
€640k▲
2024 · €435k
Debt ≤ 1 year
€391k▲
2024 · €154k
Debt > 1 year
€250k▼
2024 · €281k
Income taxes
€18k▼
2024 · €37k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€819k€694k▼
Fixed assets21/28€505k€490k▼
Tangible fixed assets22/27€505k€490k▼
Land and buildings22€498k€485k▼
Plant, machinery and equipment23€4k€2k▼
Other tangible fixed assets26€3k€2k▼
Current assets29/58€314k€204k▼
Amounts receivable within one year40/41€117k€64k▼
Trade receivables40€109k€44k▼
Other amounts receivable41€8k€20k▲
Current investments50/53€80k€0▼
Cash at bank and in hand54/58€82k€124k▲
Deferred charges and accrued income490/1€35k€15k▼
Equity and liabilities
Total equity and liabilities10/49€819k€694k▼
Equity10/15€384k€54k▼
Contributions10/11€3k€3k=
Reserves13€381k€51k▼
Distributable reserves133€381k€51k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€435k€640k▲
Amounts payable after more than one year17€281k€250k▼
Financial debts170/4€281k€250k▼
Amounts payable within one year42/48€154k€391k▲
Current portion of amounts payable after more than one year42€31k€31k▲
Trade debts44€9k€20k▲
Suppliers440/4€9k€20k▲
Taxes, remuneration and social security45€25k€48k▲
Taxes450/3€25k€46k▲
Remuneration and social security454/9€226€2k▲
Other amounts payable47/48€89k€291k▲
Accrued charges and deferred income492/3€90€90=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€14k▲
Other operating charges640/8€2k€4k▲
Gross operating margin9900€184k€96k▼
Operating profit (loss)9901€168k€78k▼
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€10k€12k▲
Recurring financial charges65€10k€12k▲
Profit (loss) for the period before taxes9903€160k€67k▼
Income taxes67/77€37k€18k▼
Profit (loss) for the period9904€123k€49k▼
Profit (loss) for the period to be appropriated9905€123k€49k▼
Appropriation of the result
Profit (loss) to be appropriated9906€123k€49k▼
Transfer from equity791/2-€380k
Transfer to equity691/2€122k€49k▼
To other reserves6921€122k€49k▼
Profit to be distributed694/7€859€380k▲
Return on contributions (dividend)694€859€380k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Weakest financial yearnet €49k ▼59.8%
Net result drops to €49k, the lowest in the series.
23-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2021net €123k ▲10.9%
Operating result €168k, net result €123k, both a record.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Equity above €200kEq €262k ▲71.8%
3 profitable years in a row build equity to €262k.
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €150kEq €153k ▲107%
2 profitable years in a row build equity to €153k.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Tielt · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Jozef Baertstraat 98700 TieltGround area
700 m²
Building footprint
143 m²
Volume, LiDAR
706 m³
Parcel 37302E0507/00W000, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FEM HRM
since 20202.309.279.196
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37302E0507/00W000 | Flanders | 700 m² | 1 · 143 m² | 7.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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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HUMAN SKILLS
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Of 3,151 companies in sector 63920 we hold annual accounts for 1,522. 1,223 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-10-2020
Fiscal year end31-12
Activities, NACEBEL
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.