Equity
€583,556 ▲ 29.3%
FG has made a profit without a break since 2021.
FG
Lifetime
19 annual accounts with figures on one time axis, 20 filings since 2005peak €535,320 (2013)
€258,296▲ 31×
lowest -€3,305 (2020)
€147,265▲ 34.7%
peak €583,556 (2025)
€583,556▲ 29.3%
€2.8m▼ 20.3%
peak 3 FTE (2014)
-not published
Board3 names since 2018
1 directorVAN ACKER Simon
Documentsfilings and deeds
18-06-202643 days before the deadline
2025micro format
Gross margin from €8,395 to €258,296Result from €109,344 to €147,265Equity from €451,291 to €583,556Debts from €3.5m to €2.8mInvestments €222,303Cash from €819,548 to €48,845
Key points
from the 2025 annual accountsDebts
€2.8m 83% of the balance sheet
Financial debts 96%Suppliers 2%Taxes and wages 1%Other 2%
Of this, €852,401 falls due within a year.
Investments
€222,303 17.7 × depreciation
Green is investment, beige is depreciation. Machinery stands 23.0% higher than in 2024.
Liquidity
3.67 was 2.07 in 2024
Short-term debts fell from €1.9m to €852,401.
Restructuring
2
2 restructurings since 2024. Latest: merger with FG AUTOMOTIVE GROUP.
Position in the sector
€147,265
Higher net result than 87% of companies in financial services. Sector median €32,855 · 9,772 companies.
Financial institution: outside the modelBankruptcy probability: sector outside the model
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Two signals.
raises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 9770 sector peers (2025).
NBB · sector comparisonPosition among 9770 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-06-2026, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 days early
2024
13 days early
2023
43 days early
2022
26 days early
2021
30 days late
2020
31 days late
2019
on the day
← 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 9 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 5 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0866063807
Merger: FG takes over VASI
Resignations: VASI (director) and VAN ACKER Simon (director) · Appointment: VAN ACKER Simon (director) · The company holds all the shares of VASI · General meeting of 27-08-2024 · Gazette deed
Merger proposal: FG takes over FG AUTOMOTIVE GROUP
The company holds all the shares of FG AUTOMOTIVE GROUP · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FG Sint-Martens-Latem | €3.4m | €258,296 | 17.2% | - |
| De Stalen Hand Ghent | €3.5m | €277,952 | 99.0% | - |
| KENGAR Sint-Martens-Latem | €3.0m | €264,318 | 19.6% | - |
| Bio&nergy Lokeren | €3.7m | €267,580 | 42.8% | - |
| TORRAMIE Evergem | €3.8m | €307,792 | 55.0% | - |
| OBUS - DE GALAN Aalst | €3.6m | €209,469 | 25.9% | - |
| PAVICHI Bruges | €3.5m | €246,584 | 3.9% | - |
These companies have the same main activity as FG: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €3m and €3.8m, founded between 2003 and 2006.
Official details
Source: KBO- Status
- Active since 30-06-2004Normal situation
- Activity
- Activities of holding companiesNACE 64210and 4 others
- Establishment unit
- 2.138.030.5479831 Sint-Martens-Latem, since 30-06-2004
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Annual accounts 2025
- €3.4m▼ 14.6%
- Filing
- Filed on 18-06-2026, 43 days before the end of the filing period
Insights on FG
FG files the micro format. That format states no turnover. The gross margin rose from €19,830 in 2006 to €258,296 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 FG
- What is the company number of FG?
- The company number of FG is 0866.063.807. The VAT number is the same number with BE in front: BE 0866.063.807.
- Where is FG based?
- The registered office is at Xavier De Cocklaan 69A, 9831 Sint-Martens-Latem.Company details
- What does FG do?
- According to the KBO register, the main activity is activities of holding companies (NACE 64210).
- What is the legal form of FG?
- FG is a private limited company (BV).
- When was FG founded?
- FG was founded on 30-06-2004.
- Is FG still active?
- Yes, FG is an active enterprise in the KBO register.
- How many employees does FG have?
- FG had an average of 0.7 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
- What is the turnover of FG?
- The turnover in financial year 2025 is ≈ €340,000. This figure is estimated from the gross margin of €258,296 and 34 comparable companies (NACE 64210). It probably lies between €280,000 and €540,000.
- Is FG profitable?
- In financial year 2025, FG made a profit of €147,265.
- Where can I find the annual accounts of FG?
- FG filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FG due?
- FG must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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