Equity
-€73,237
Debts exceed assets in financial year 2025.
FM
Lifetime
12 annual accounts with figures on one time axispeak €87,010 (2025)
€87,010▲ 59.1%
lowest -€43,481 (2022)
€4,595▲ €20,627
peak €22,949 (2015)
-€73,237▲ €8,295
€95,448▼ 6.2%
peak 4 FTE (2020)
-not published
Board1 name since 2014
1 director
Documentsfilings and deeds
13-07-202618 days before the deadline
2025micro format
Gross margin from €54,683 to €87,010Back to profit: €4,595Cash from €87 to €9,052
Key points
from the 2025 annual accountsTurnover
≈ €320,000 estimated
The micro format states no turnover.
Debts
€95,448 430% of the balance sheet
Financial debts 1%Suppliers 42%Taxes and wages 13%Other 45%
Staff
4.5 FTE from 8.4 in 2021
Between 2021 and 2025, 46% of the full-time equivalents disappeared.
Filings
12 annual accounts since 2014
Seven of the last ten came late. The 2018 accounts came latest: 69 days after the end of the period.
Position in the sector
-329.7%
Lower solvency than 95% of companies in food and beverage service. Sector median 29.7% · 18,509 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,631 companies had the same profile as FM has now. Each dot stands for 10 companies, two years later.
91.8%
were still trading
4.8%
stopped another way
2.9%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 3,631 companies, not a prediction for FM. 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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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0550681074
Registered office moved within Oudenaarde
New registered office: Stationsplein 89/1, 9700 Oudenaarde · Previous registered office: Markt 61, 9700 Oudenaarde · Gazette deed
Incorporation
published on 29-04-2014 · Gazette deed
First establishment
Pizza Talia Oudenaarde, Stationsplein 89, Oudenaarde
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FM Oudenaarde | €22,211 | €87,010 | -329.7% | - |
| RESTAURANT L'ESCALE M.G.F. Mouscron | €24,171 | €78,421 | -400.5% | - |
| DEBENA Namur | €23,032 | €65,959 | -46.8% | - |
| SELEIA Brussels | €24,889 | €75,627 | -91.0% | - |
| AU FIL DES SAVEURS Brussels | €25,900 | €67,173 | 68.2% | - |
| ALYASSAMIN Molenbeek-Saint-Jean | €24,682 | €111,313 | 54.4% | - |
| LA FRITE ARDENTE Liège | €21,175 | €58,967 | 25.1% | - |
These companies have the same main activity as FM: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €21,200 and €25,900, founded between 2012 and 2016.
Official details
Source: KBO- Status
- Active since 16-04-2014Normal situation
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112
- Joint committee
- 302Hotels and catering · annual accounts 2025
- Establishment unit
- 2.229.890.7359700 Oudenaarde, since 15-04-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 20-01-2025
Annual accounts 2025
- €22,211▲ 9.8%
- Employeeson 31-12-2025
- 6▼ 14.3%
- Filing
- Filed on 13-07-2026, 18 days before the end of the filing period
Insights on FM
FM files the micro format. That format states no turnover. The gross margin rose from €6,234 in 2014 to €87,010 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 FM
- What is the company number of FM?
- The company number of FM is 0550.681.074. The VAT number is the same number with BE in front: BE 0550.681.074.
- Where is FM based?
- The registered office is at Stationsplein 89/1, 9700 Oudenaarde.Company details
- What does FM do?
- According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
- What is the legal form of FM?
- FM is a private limited company (pre-2019) (BVBA).
- When was FM founded?
- FM was founded on 16-04-2014.
- Is FM still active?
- Yes, FM is an active enterprise in the KBO register.
- How many employees does FM have?
- FM had an average of 4.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does FM fall under?
- In its 2025 annual accounts, FM states joint committee 302 (Hotels and catering).
- What is the turnover of FM?
- The turnover in financial year 2025 is ≈ €320,000. This figure is estimated from the gross margin of €87,010 and 90 comparable companies (NACE 56112). It probably lies between €240,000 and €390,000.
- Is FM profitable?
- In financial year 2025, FM made a profit of €4,595.
- Where can I find the annual accounts of FM?
- FM filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FM due?
- FM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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