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FKM Network

Active
Private limited companyfounded 20241 yr activeKarperstraat 52B, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 1015.017.106
Summary

The computed 12-month bankruptcy probability of FKM Network is 2.0% (moderate). The 2025 annual accounts show equity of €4,299 and a net result of €3,299. Its solvency ranks better than 33% of 1003 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability99
Solvency56
Growth-
Track record67
Bankruptcy probability, 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Civil engineering (NACE 42)
about 27% more bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 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 · 1 filing
Deviation from the deadline
2025
10 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 11 October 2024, FKM Network was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€4,299
Total assets
€13,844
Net result
€3,299
Working capital
€3,301

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €13,844
Fixed assets €998
Current assets €12,846
Equity and liabilities €13,844
Equity €4,299
Debt €9,545
Debt finances 68.9% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€5,046
Cash flow
€3,400
Current ratio
1.35
Debt to equity
2.22
ROE
76.7%
ROA
23.8%
Interest coverage
36.16
Debt ≤ 1 year
€9,545
Income taxes
€1,535

Peer companies

Historical observation

Of the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
97% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 11,279 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 37 lines
Balance sheet Code2025
Assets
Total assets20/58€13,844
Fixed assets21/28€998
Tangible fixed assets22/27€998
Furniture and vehicles24€998
Current assets29/58€12,846
Amounts receivable within one year40/41€12,843
Trade receivables40€9,814
Other amounts receivable41€3,029
Cash at bank and in hand54/58€3
Equity and liabilities
Total equity and liabilities10/49€13,844
Equity10/15€4,299
Contributions10/11€1,000
Reserves13€3,299
Distributable reserves133€3,299
Amounts payable17/49€9,545
Amounts payable within one year42/48€9,545
Trade debts44€4,903
Suppliers440/4€4,903
Taxes, remuneration and social security45€3,996
Taxes450/3€1,535
Remuneration and social security454/9€2,461
Other amounts payable47/48€646
Income statement Code2025
Goods, raw materials, services and sundry goods60/61€113,536
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€101
Gross operating margin9900€5,046
Operating profit (loss)9901€4,944
Financial income75/76B€29
Recurring financial income75€29
Financial charges65/66B€140
Recurring financial charges65€140
Profit (loss) for the period before taxes9903€4,834
Income taxes67/77€1,535
Profit (loss) for the period9904€3,299
Profit (loss) for the period to be appropriated9905€3,299
Appropriation of the result
Profit (loss) to be appropriated9906€3,299
Transfer to equity691/2€3,299
To other reserves6921€3,299

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Goods, raw materials, services and sundry goods60/61€113,536
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€101
Gross operating margin9900€5,046
Operating profit (loss)9901€4,944
Financial income75/76B€29
Recurring financial income75€29
Financial charges65/66B€140
Recurring financial charges65€140
Profit (loss) for the period before taxes9903€4,834
Income taxes67/77€1,535
Profit (loss) for the period9904€3,299
Profit (loss) for the period to be appropriated9905€3,299
Line2025
Assets
Total assets20/58€13,844
Fixed assets21/28€998
Tangible fixed assets22/27€998
Furniture and vehicles24€998
Current assets29/58€12,846
Amounts receivable within one year40/41€12,843
Trade receivables40€9,814
Other amounts receivable41€3,029
Cash at bank and in hand54/58€3
Equity and liabilities
Total equity and liabilities10/49€13,844
Equity10/15€4,299
Contributions10/11€1,000
Reserves13€3,299
Distributable reserves133€3,299
Amounts payable17/49€9,545
Amounts payable within one year42/48€9,545
Trade debts44€4,903
Suppliers440/4€4,903
Taxes, remuneration and social security45€3,996
Taxes450/3€1,535
Remuneration and social security454/9€2,461
Other amounts payable47/48€646
Line2025
Profit (loss) for the period9904€3,299
+ Depreciation and write-downs630€101
Operating cash flow (approximation)€3,400

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
10-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 10 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Sint-Jans-Molenbeek · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
92 m²
Parcel 21523B0747/00Y002, Brussels. Linked by address, not a title deed.
1 establishment unit
FKM Network
Karperstraat 52B, 1080 Sint-Jans-MolenbeekConstruction of utility projects for electricity and telecommunications
since 20242.366.590.063
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21523B0747/00Y002 Brussels 92 m² - -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 1,824 companies in sector 42220 we hold annual accounts for 957. 349 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded11-10-2024
Fiscal year end31-12
Activities, NACEBEL 2025
42220Construction of utility projects for electricity and telecommunications
47120Other non-specialised retail sale
49330On-demand passenger transport by chauffeured vehicle
53100Postal and courier activities
62200Computer consultancy and computer facilities management
Contact
E-mail faouzi.el@outlook.comSint-Jans-Molenbeek
Phone 470131549Sint-Jans-Molenbeek
E-invoicing
Reachable via Peppol
Peppol ID 0208:1015017106
Registered 25-01-2026

Register as of 26 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.