FM-CONSTRUCTION
ActiveFM-CONSTRUCTION has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €126k and a net result of €1k. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 45% of 13882 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability5▲+4
Solvency28▲+1
Growth52=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days only on tighter terms
Liquidity short (current ratio 0.7 against 0.78 in 2024), and 75.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
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
24.1%
Return on assets
0.3%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
61 d late
2023
426 d late
2022
792 d late
2021
153 d late
2020
61 d late
2019
92 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€126k▲ 1.1%
2024 · €125k
2018: €120k
2019: €118k
2020: €118k
2021: €115k
2022: €119k
2023: €125k
2024: €125k
2018 → 2025
Total assets
€524k▼ 5.1%
2024 · €552k
2018: €484k
2019: €480k
2020: €492k
2021: €492k
2022: €504k
2023: €536k
2024: €552k
2018 → 2025
Net result
€1k▲ 502%
2024 · €227
2018: €12k
2019: €-1k
2020: €1
2021: €-3k
2022: €3k
2023: €6k
2024: €227
2018 → 2025
Working capital
€-19k▲ 6.8%
2024 · €-20k
2018: €-25k
2019: €-26k
2020: €-26k
2021: €-30k
2022: €-31k
2023: €-20k
2024: €-20k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€115k-€119k▲ 3.0%€125k▲ 5.0%€125k▲ 0.2%€126k▲ 1.1%
Operating result€-2k-€5k€7k▲ 47.2%€2k▼ 68.6%€4k▲ 65.0%
Net result€-3k-€3k€6k▲ 73.4%€227▼ 96.2%€1k▲ 502%
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 recovers in 2025; 2025 is 65% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €524k
Fixed assets
€480k=
Current assets
€44k▼ 38.8%
Equity and liabilities €524k
Equity
€126k▲ 1.1%
Debt
€398k▼ 6.8%
The debt ratio falls from 77.4% to 75.9%: equity grows while debt is paid down.
Key figures and ratios
Solvency
24.1%▲
2024 · 22.6%
Current ratio
0.70▼
2024 · 0.78
Quick ratio
0.70▼
2024 · 0.78
Debt / equity
3.15▼
2024 · 3.42
ROE
1.1%▲
2024 · 0.2%
ROA
0.3%▲
2024 · 0.0%
Debt
€398k▼
2024 · €427k
Debt ≤ 1 year
€63k▼
2024 · €92k
Debt > 1 year
€335k=
2024 · €335k
Income taxes
€979▲
2024 · €438
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€552k€524k▼
Fixed assets21/28€480k€480k=
Financial fixed assets28€480k€480k=
Current assets29/58€72k€44k▼
Amounts receivable within one year40/41€55k€32k▼
Trade receivables40€55k€32k▼
Other amounts receivable41€0-
Deferred charges and accrued income490/1€17k€13k▼
Equity and liabilities
Total equity and liabilities10/49€552k€524k▼
Equity10/15€125k€126k▲
Contributions10/11€19k€19k=
Reserves13€106k€108k▲
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Distributable reserves133€104k€108k▲
Amounts payable17/49€427k€398k▼
Amounts payable after more than one year17€335k€335k=
Financial debts170/4€335k€335k=
Amounts payable within one year42/48€92k€63k▼
Financial debts43€1k€1k▼
Other loans439€1k€1k▼
Trade debts44€10k€11k▲
Suppliers440/4€10k€11k▲
Taxes, remuneration and social security45€7k€6k▼
Taxes450/3€7k€6k▼
Other amounts payable47/48€73k€46k▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Other operating charges640/8€1k€3k▲
Gross operating margin9900€4k€7k▲
Operating profit (loss)9901€2k€4k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€664€2k▲
Income taxes67/77€438€979▲
Profit (loss) for the period9904€227€1k▲
Profit (loss) for the period to be appropriated9905€227€1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€227€1k▲
Transfer to equity691/2€227€1k▲
To other reserves6921€227€1k▲
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 426 days late
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 792 days late
2022
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
31-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 153 days late
2021
31-12
Financial
Weakest financial yearnet €-3k ▼264991%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial
Back to profitnet €1
Net result €1 after one loss-making year.
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 92 days late
31-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 244 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
22-01-2026
Resigned as Director
Location & real-estate footprint
Registered office, Heist-op-den-Berg · 1 establishment unit since 2011
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.
Oude Godstraat 542220 Heist-op-den-BergGround area
1,099 m²
Building footprint
177 m²
Parcel 12014K1103/00A000, Flanders. Linked by address, not a title deed.
1 establishment unit
FM-CONSTRUCTION
since 20112.196.311.612
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12014K1103/00A000 | Flanders | 1,099 m² | 1 · 177 m² | - |
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
VERMA-IMMO
BE 0433.262.277
Zaventem · Eq €126k
GENERAL TRADING AND VENDING
BE 0459.626.679
Lanaken · Eq €126k
GEVAERT
BE 0454.820.132
Evergem · Eq €126k
NG Development
BE 0785.314.077
Grez-Doiceau · Eq €126k
VIABILIS
BE 0849.560.642
Lasne · Eq €126k
Of 11,700 companies in sector 68310 we hold annual accounts for 6,875. 5,216 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-12-2010
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
68321Property management for co-owned buildings (syndics)
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.