FG Management and Engineering
ActiveFG Management and Engineering has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €65k and a net result of €138k. Equity is growing by ~39.6% per year across the filed fiscal years. Its solvency ranks better than 26% of 11238 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability94▲+25
Solvency35▲+2
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity tight (current ratio 1.11 against 1.05 in 2024; short-term debt: 88.2% and cash: 27.9% of total assets), and 90.4% 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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
9.6%
Return on assets
20.3%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
12 d late
2023
70 d early
2022
5 d early
2021
19 d early
2020
13 d late
2019
32 d late
← 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€65k▲ 46.8%
2024 · €44k
2018: €18k
2019: €-52k
2020: €-44k
2021: €-5k
2022: €29k
2023: €42k
2024: €44k
2018 → 2025
Total assets
€681k▲ 26.8%
2024 · €537k
2018: €96k
2019: €48k
2020: €42k
2021: €80k
2022: €93k
2023: €109k
2024: €537k
2018 → 2025
Net result
€138k▲ 6,420%
2024 · €2k
2018: €3k
2019: €-70k
2020: €8k
2021: €39k
2022: €34k
2023: €14k
2024: €2k
2018 → 2025
Working capital
€66k▲ 192%
2024 · €23k
2018: €13k
2019: €-28k
2020: €-20k
2021: €19k
2022: €25k
2023: €40k
2024: €23k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-5k-€29k€42k▲ 47.7%€44k▲ 5.0%€65k▲ 46.8%
Operating result€41k-€49k▲ 20.1%€21k▼ 56.1%€6k▼ 69.9%€190k▲ 2,846%
Net result€39k-€34k▼ 13.0%€14k▼ 59.5%€2k▼ 84.4%€138k▲ 6,420%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 2,846% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €681k
Fixed assets
€14k▼ 33.6%
Current assets
€666k▲ 29.4%
Equity and liabilities €681k
Equity
€65k▲ 46.8%
Debt
€616k▲ 25.0%
The debt ratio falls from 91.7% to 90.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€197k▲
2024 · €11k
Cash flow
€146k▲
2024 · €6k
Solvency
9.6%▲
2024 · 8.3%
Current ratio
1.11▲
2024 · 1.05
Quick ratio
1.11▲
2024 · 1.05
Debt / equity
9.46▼
2024 · 11.11
ROE
212.7%▲
2024 · 4.8%
ROA
20.3%▲
2024 · 0.4%
Interest coverage
89.72▲
2024 · 24.14
Debt
€616k▲
2024 · €492k
Debt ≤ 1 year
€600k▲
2024 · €492k
Income taxes
€49k▲
2024 · €4k
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€537k€681k▲
Fixed assets21/28€22k€14k▼
Tangible fixed assets22/27€22k€14k▼
Furniture and vehicles24€20k€11k▼
Other tangible fixed assets26€2k€4k▲
Financial fixed assets28€39€39=
Current assets29/58€515k€666k▲
Amounts receivable within one year40/41€137k€466k▲
Trade receivables40€81k€411k▲
Other amounts receivable41€56k€55k▼
Cash at bank and in hand54/58€365k€190k▼
Deferred charges and accrued income490/1€13k€10k▼
Equity and liabilities
Total equity and liabilities10/49€537k€681k▲
Equity10/15€44k€65k▲
Contributions10/11€6k€6k=
Reserves13€36k€36k=
Distributable reserves133€36k€36k=
Profit (loss) carried forward14€3k€23k▲
Amounts payable17/49€492k€616k▲
Amounts payable within one year42/48€492k€600k▲
Trade debts44€449k€392k▼
Suppliers440/4€449k€392k▼
Taxes, remuneration and social security45€37k€90k▲
Taxes450/3€37k€80k▲
Remuneration and social security454/9-€10k
Other amounts payable47/48€7k€118k▲
Accrued charges and deferred income492/3-€15k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€7k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€13k€199k▲
Operating profit (loss)9901€6k€190k▲
Financial income75/76B€1€0▼
Recurring financial income75€1€0▼
Financial charges65/66B€439€2k▲
Recurring financial charges65€439€2k▲
Profit (loss) for the period before taxes9903€6k€188k▲
Income taxes67/77€4k€49k▲
Profit (loss) for the period9904€2k€138k▲
Profit (loss) for the period to be appropriated9905€2k€138k▲
Appropriation of the result
Profit (loss) to be appropriated9906€3k€141k▲
Profit (loss) brought forward from the previous period14P€399€3k▲
Profit to be distributed694/7-€118k
Return on contributions (dividend)694-€118k
The notes to these accounts (6 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
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €138k ▲6420%
Operating result €190k, net result €138k, both a record.
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 12 days late
2024
22-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
01-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 32 days late
2019
31-12
Financial
Weakest financial yearnet €-70k ▼2173%
Net result drops to €-70k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 22 days late
2017
05-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 5 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Villers-la-Ville · 1 establishment unit since 2013
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.
Bois Pinchet 281495 Villers-la-VilleGround area
2,351 m²
Building footprint
156 m²
Volume, LiDAR
1,087 m³
Parcel 25107D0016/00M003, Wallonia · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FGME
since 20132.221.054.134
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25107D0016/00M003 | Wallonia | 2,351 m² | 1 · 156 m² | 9.7 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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Of 1,076 companies in sector 46140 we hold annual accounts for 644. 483 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-08-2013
Fiscal year end31-12
Abbreviation FR
FGME
Activities, NACEBEL
46140Agents in the wholesale of industrial machinery, ships and aircraft
70200Business and other management consultancy
70220Business consulting
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:frank.gevelle@gmail.com
Phone:0475/619707
Phone:071/891302