Turnover
≈ €54,000 estimated
The micro format states no turnover.
FM ELEC
Lifetime
4 annual accounts with figures on one time axispeak €35,675 (2024)
€6,626▼ 81.4%
lowest -€1,250 (2023)
€3,800▼ 86.5%
peak €50,579 (2025)
€50,579▲ 8.1%
€21,133▼ 45.4%
Board1 name since 2022
1 director
Documentsfilings and deeds
23-07-20268 days before the deadline
2025micro format
Gross margin from €35,675 to €6,626Result from €28,092 to €3,800Debts from €38,713 to €21,133Investments €25,391Cash from €16,662 to €10,589
Key points
from the 2025 annual accountsInvestments
€3,950 9.5 × depreciation
Green is investment, beige is depreciation.
Filings
4 annual accounts 2 late
The 2023 accounts came latest: 90 days after the end of the period.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as FM ELEC has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 39,278 companies, not a prediction for FM ELEC. 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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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0783191163
Incorporation
Founding capital of €5,000 · Founder: · Appointment: (director) · published on 10-03-2022 · Gazette deed
First establishment
Rue Chevauchoire 19, Beloeil
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FM ELEC Beloeil | €71,712 | €6,626 | 70.5% | - |
| EnergySafe Genk | €66,664 | €7,227 | 92.3% | - |
| VDE-elec Waregem | €65,881 | €7,157 | 19.5% | - |
| SAM SERVICES Kortrijk | €74,726 | €5,322 | 93.9% | - |
| OME-IT Liège | €68,406 | €5,279 | 50.3% | - |
| Market Technics Diepenbeek | €58,822 | €7,277 | 46.3% | - |
| ELEC BATIT Philippeville | €63,600 | €7,668 | 14.7% | - |
These companies have the same main activity as FM ELEC: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €58,800 and €74,700, founded between 2021 and 2022.
Official details
Source: KBO- Status
- Active since 08-03-2022Normal situation
- Activity
- General electrical installation workNACE 43211and 6 others
- Establishment unit
- 2.328.882.4037973 Beloeil, since 08-03-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 03-11-2025
Annual accounts 2025
- €71,712▼ 16.1%
- Filing
- Filed on 23-07-2026, 8 days before the end of the filing period
Insights on FM ELEC
FM ELEC files the micro format. That format states no turnover. The gross margin fell from €32,034 in 2022 to €6,626 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 ELEC
- What is the company number of FM ELEC?
- The company number of FM ELEC is 0783.191.163. The VAT number is the same number with BE in front: BE 0783.191.163.
- Where is FM ELEC based?
- The registered office is at Rue Chevauchoire 19, 7973 Beloeil.Company details
- What does FM ELEC do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of FM ELEC?
- FM ELEC is a private limited company (BV).
- When was FM ELEC founded?
- FM ELEC was founded on 08-03-2022.
- Is FM ELEC still active?
- Yes, FM ELEC is an active enterprise in the KBO register.
- How many employees does FM ELEC have?
- FM ELEC had an average of 0.6 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- What is the turnover of FM ELEC?
- The turnover in financial year 2025 is ≈ €54,000. This figure is estimated from the gross margin of €6,626 and 97 comparable companies (NACE 43211). It probably lies between €36,000 and €110,000. It is a rough estimate.
- Is FM ELEC profitable?
- In financial year 2025, FM ELEC made a profit of €3,800.
- Where can I find the annual accounts of FM ELEC?
- FM ELEC filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FM ELEC due?
- FM ELEC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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