FM AUTOMATION
ActiveFM AUTOMATION has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €615k and a net result of €-63k. Equity is growing by ~13.4% per year across the filed fiscal years. Its solvency ranks better than 61% of 1893 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
56
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability12▲+1
Solvency82▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 3.3 against 4.05 in 2024; short-term debt: 8% and cash: 2.1% of total assets), and 43.1% 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 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
56.9%
Return on assets
-5.8%
Age of the figures
18 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-63k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 01-09-2025, 60 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
60 d early
2024
14 d early
2023
8 d early
2022
7 d early
2021
6 d early
2020
5 d early
2019
35 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close18-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€615k▼ 9.2%
2024 · €678k
2019: €342k
2020: €410k
2021: €456k
2022: €760k
2023: €753k
2024: €678k
2019 → 2025
Total assets
€1.08M▼ 5.8%
2024 · €1.15M
2019: €770k
2020: €1.27M
2021: €1.01M
2022: €1.31M
2023: €1.27M
2024: €1.15M
2019 → 2025
Net result
€-63k▲ 15.8%
2024 · €-74k
2019: €15k
2020: €368k
2021: €196k
2022: €-32k
2023: €-8k
2024: €-74k
2019 → 2025
Working capital
€199k▼ 18.8%
2024 · €245k
2019: €-152k
2020: €227k
2021: €282k
2022: €360k
2023: €298k
2024: €245k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€456k-€760k▲ 66.8%€753k▼ 1.0%€678k▼ 9.9%€615k▼ 9.2%
Operating result€231k-€-8k€22k€-75k€-70k▲ 6.1%
Net result€196k-€-32k€-8k▲ 76.1%€-74k▼ 860%€-63k▲ 15.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €70k in 2025 against €75k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.08M
Fixed assets
€795k▼ 3.2%
Current assets
€286k▼ 12.3%
Equity and liabilities €1.08M
Equity
€615k▼ 9.2%
Debt
€466k▼ 0.8%
The debt ratio rises from 40.9% to 43.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-28k▼
2024 · €-27k
Cash flow
€-20k▲
2024 · €-27k
Solvency
56.9%▼
2024 · 59.1%
Current ratio
3.30▼
2024 · 4.05
Quick ratio
3.30▼
2024 · 4.05
Debt / equity
0.76▲
2024 · 0.69
ROE
-10.2%▲
2024 · -11.0%
ROA
-5.8%▲
2024 · -6.5%
Interest coverage
-5.71▲
2024 · -5.74
Debt
€466k▼
2024 · €470k
Debt ≤ 1 year
€87k▲
2024 · €80k
Debt > 1 year
€379k▼
2024 · €389k
Income taxes
€299▼
2024 · €309
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€1.15M€1.08M▼
Fixed assets21/28€822k€795k▼
Tangible fixed assets22/27€822k€795k▼
Land and buildings22€811k€786k▼
Furniture and vehicles24€11k€9k▼
Current assets29/58€326k€286k▼
Amounts receivable within one year40/41€50k€17k▼
Trade receivables40€47k€15k▼
Other amounts receivable41€3k€3k▼
Current investments50/53€248k€244k▼
Cash at bank and in hand54/58€25k€23k▼
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€1.15M€1.08M▼
Equity10/15€678k€615k▼
Contributions10/11€397k€397k=
Reserves13€281k€218k▼
Distributable reserves133€281k€218k▼
Amounts payable17/49€470k€466k▼
Amounts payable after more than one year17€389k€379k▼
Financial debts170/4€389k€379k▼
Amounts payable within one year42/48€80k€87k▲
Current portion of amounts payable after more than one year42€10k€10k▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€3k€4k▲
Suppliers440/4€3k€4k▲
Taxes, remuneration and social security45€313€1k▲
Taxes450/3€313€1k▲
Remuneration and social security454/9€0-
Other amounts payable47/48€67k€72k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€48k€42k▼
Other operating charges640/8€4k€4k▼
Gross operating margin9900€-23k€-24k▼
Operating profit (loss)9901€-75k€-70k▲
Financial income75/76B€5k€13k▲
Recurring financial income75€5k€13k▲
Financial charges65/66B€5k€5k▲
Recurring financial charges65€5k€5k▲
Profit (loss) for the period before taxes9903€-74k€-62k▲
Income taxes67/77€309€299▼
Profit (loss) for the period9904€-74k€-63k▲
Profit (loss) for the period to be appropriated9905€-74k€-63k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-74k€-63k▲
Transfer from equity791/2€74k€63k▼
The notes to these accounts (9 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
2025
01-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
17-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Weakest financial yearnet €-74k
Net result drops to €-74k, the lowest in the series; recovery starts the following year.
2023
23-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
24-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Equity above €500kEq €760k ▲66.8%
Equity rises from €456k to €760k.
2021
25-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
31-03
Financial
Highest result since 2019net €368k ▲2336%
Operating result €417k, net result €368k, both a record.
31-03
Financial
Liquidity doublescurrent ratio 1.41
Current ratio from 0.65 to 1.41.
2019
26-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
02-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
04-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Pittem · 1 establishment unit since 2003
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.
Muizebeekstraat 198740 PittemGround area
2,037 m²
Building footprint
200 m²
Volume, LiDAR
1,301 m³
Parcel 37011C0096/00T000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FM AUTOMATION
since 20032.131.619.045
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37011C0096/00T000 | Flanders | 2,037 m² | 1 · 200 m² | 8.6 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.
Similar companies · same sector, comparable size
GASCARD G.S.C.
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NØRMAN
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O.T. Piping Welding
BE 0795.139.286
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PcP Belgium S.A
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Of 3,988 companies in sector 25110 we hold annual accounts for 2,148. 1,508 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-04-2003
Fiscal year end31-03
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
28110
64200Holdings
64210Activities of holding companies
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
70220Business consulting
74142
74151
Sources
Crossroads Bank for EnterprisesNational Bank · 22 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.