Financials
- Financial year
- 2025
- Total assets
- €18,788
- Loss
- -€9,864
- Solvency
- 68.4%
Total assets▼ 58.6%
Net result
20182025
FG MEUBLES
ActiveSummary
The computed 12-month bankruptcy probability of FG MEUBLES is 2.0% (moderate). The annual accounts of FG MEUBLES for financial year 2025 show a net loss of 53% of total assets. The 2025 annual accounts show equity of €12,844 and a net result of -€9,864. Equity is shrinking by about 15% per year across the filed financial years. Its solvency ranks better than 75% of 500 sector peers (NACE 31, financial year 2025). The company has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Manufacture of dining room, living room, bedroom and bathroom furniture
NACE 31004
1 site
Size
€18,788total assets 2025
- Equity
- €12,844
- Loss
- -€9,864
Turnover not published (micro format)
Structure
Accounts 30 days early0 of 3 deeds read
Why 54raises risk2 of the last 3 lateLoss of €9,864, the second in a row (financial year 2025)Liquidity: current ratio 1.17lowers riskSize: total assets €18,788Show the evidence
Checked score
Score 2025
54
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 52% of its sector peers (NACE 31, micro)
Financial strength · tick = 2022
Average
Solvency
93+41
equity 68.4% of total assets
Liquidity
73+52
short-term debt 31.6%
Profitability
0-66
return on assets -52.5%
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 3.8%
12-2024: 4.7%▲ +0.9 percentage points vs 11-2024
01-2025: 7.9%▲ +3.2 percentage points vs 12-2024
02-2025: 7.9%● unchanged vs 01-2025
03-2025: 8.4%▲ +0.5 percentage points vs 02-2025
04-2025: 7.8%▼ -0.6 percentage points vs 03-2025
05-2025: 7.8%● unchanged vs 04-2025
06-2025: 7.8%● unchanged vs 05-2025
07-2025: 7.8%● unchanged vs 06-2025
08-2025: 9.9%▲ +2.1 percentage points vs 07-2025
09-2025: 9.9%● unchanged vs 08-2025
10-2025: 9.9%● unchanged vs 09-2025
11-2025: 10.7%▲ +0.8 percentage points vs 10-2025highest value
12-2025: 10.7%● unchanged vs 11-2025highest value
01-2026: 10.7%● unchanged vs 12-2025highest value
02-2026: 10.7%● unchanged vs 01-2026highest value
03-2026: 10.7%● unchanged vs 02-2026highest value
04-2026: 10.7%● unchanged vs 03-2026highest value
05-2026: 10.7%● unchanged vs 04-2026highest value
06-2026: 10.7%● unchanged vs 05-2026highest value
07-2026: 10.7%● unchanged vs 06-2026highest value
08-2026: 2.0%▼ -8.7 percentage points vs 07-2026lowest value
09-2026: 2.0%● unchanged vs 08-2026lowest value
10-2026: 2.0%● unchanged vs 09-2026lowest value
Credit of up to €500 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.17, compared with 0.42 in 2022; short-term debt: 31.6% of total assets), and 31.6% of the assets are financed with debt.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 31, micro): better than 76% on solvency, 74% on liquidity and 7% on profitability.
The bankruptcy probability was computed on 09-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
−lowers risk+raises risk○neutral
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 days early
2022
71 days late
2021
31 days late
2020
27 days late
2019
31 days late
2018
58 days early
2017
1 day early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 10 days after the deadline; the sector median (NACE 31) for financial year 2022 is 5 days before the deadline, and 39% 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 31 August (4 of the last 5 filed years within 40 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
09-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Liquidity more than doublescurrent ratio 1.17
- Annual accounts filedfinancial year 2022 · micro…
Key points
By topic
Timeline
- Events
- 21
- Since
- 2007
- Next accounts
- by 31-07-2027
- 31-08-2022Annual accounts filed
- 31-12-2021Weakest financial year
- 27-08-2021Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Manufacture of dining room, living room, bedroom and…NACE 31004
- Founded
- 16-06-2005
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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