Equity
€22,752 ▼ 55.8%
FFAM paid out €41,000 in dividends. That is 335% of the 2025 profit.
FFAM
Lifetime
4 annual accounts with figures on one time axispeak €36,892 (2022)
€16,759▲ 77.0%
peak €29,513 (2022)
€12,233▲ 81.0%
peak €51,519 (2024)
€22,752▼ 55.8%
€30,791▲ 210%
Board1 name since 2022
1 director
Documentsfilings and deeds
17-08-202617 days late
2025micro format
Gross margin from €9,470 to €16,759Result from €6,758 to €12,233Dividend €41,000Equity from €51,519 to €22,752Debts from €9,923 to €30,791Investments €2,892
Key points
from the 2025 annual accountsTurnover
≈ €130,000 estimated
The micro format states no turnover.
Investments
€2,892 2.1 × depreciation
Green is investment, beige is depreciation.
Liquidity
1.59 was 5.90 in 2024
Short-term debts rose from €9,923 to €30,791.
Filings
4 annual accounts 3 late
The 2023 accounts came latest: 29 days after the end of the period.
Starting capital
€100 100 shares
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as FFAM has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 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 39,278 companies, not a prediction for FFAM. 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
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0780661344
Registered office moved from Sint-Amandsberg to Ghent
New registered office: Zonder-naamstraat 12 bus 0101, 9000 Gent · Previous registered office: Jos Verdegemstraat 70, 9040 Sint-Amandsberg · Board meeting of 19-01-2023 · Gazette deed
Incorporation
Founding capital of €100, 100 shares · Founder: · Appointment: (director) · published on 21-01-2022 · Gazette deed
First establishment
Zonder-Naamstraat 12, Ghent
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FFAM Ghent | €53,543 | €16,759 | 42.5% | - |
| Lunar Antwerp | €55,909 | €19,244 | 30.8% | - |
| VANDERMEEREN CONSULTING Aarschot | €53,527 | €16,789 | 72.4% | - |
| Hi Rhino Stekene | €41,629 | €12,168 | 8.4% | - |
| LeCo Projects Erpe-Mere | €42,152 | €24,137 | 34.2% | - |
| PAY’N ROLL HR SERVICES Halle | €55,057 | €16,813 | 89.6% | - |
| AGAV’ Management Etterbeek | €43,653 | €20,103 | 56.3% | - |
These companies have the same main activity as FFAM: employment placement agencies (NACE 78100). They are comparable in size and age: total assets between €41,600 and €55,900, founded between 2020 and 2022.
Official details
Source: KBO- Status
- Active since 19-01-2022Normal situation
- Activity
- Employment placement agenciesNACE 78100and 4 others
- Establishment unit
- 2.327.288.0399000 Ghent, since 19-01-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 06-03-2025
Insights on FFAM
FFAM files the micro format. That format states no turnover. The gross margin fell from €36,892 in 2022 to €16,759 in 2025.
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 FFAM
- What is the company number of FFAM?
- The company number of FFAM is 0780.661.344. The VAT number is the same number with BE in front: BE 0780.661.344.
- Where is FFAM based?
- The registered office is at Zonder-Naamstraat 12, 9000 Ghent.Company details
- What does FFAM do?
- According to the KBO register, the main activity is employment placement agencies (NACE 78100).
- What is the legal form of FFAM?
- FFAM is a private limited company (BV).
- When was FFAM founded?
- FFAM was founded on 19-01-2022.
- Is FFAM still active?
- Yes, FFAM is an active enterprise in the KBO register.
- What is the turnover of FFAM?
- The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €16,759 and 6,296 comparable companies of the same size. It probably lies between €58,000 and €310,000. It is a rough estimate.Financials
- Is FFAM profitable?
- In financial year 2025, FFAM made a profit of €12,233.
- Where can I find the annual accounts of FFAM?
- FFAM filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FFAM due?
- FFAM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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