The computed 12-month bankruptcy probability of FM.HP is at least 25% (high). For FM.HP, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €14,216 and a net result of €3,241. Equity is growing by about 7.7% per year across the filed financial years. The company has been active since 2016 and the Belgian Official Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Signalsraises riskFigures for financial year 2023 (filed 30-08-2024)No main activity registeredEx-officio strike-off in the KBO1 change of registered office in 24 monthsTwo or more financial years not filedAdministrative warnings in the KBO publicationsneutralFiled after the deadlineShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Average
Solvency70+6
equity 44.5% of total assets
Liquidity39+18
short-term debt 55.5% · cash 13.8%
Profitability63+63
return on assets 10.1%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
≥ 25%High
0%0.5%1.5%4%10%≥ 25%
About 1 in 3 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months11-2024: 1.5%12-2024: 1.5%● unchanged vs 11-202401-2025: 1.5%● unchanged vs 12-2024lowest value02-2025: 1.5%● unchanged vs 01-2025lowest value03-2025: 1.5%● unchanged vs 02-202504-2025: 1.6%▲ +0.1 percentage points vs 03-202505-2025: 1.6%● unchanged vs 04-202506-2025: 1.6%● unchanged vs 05-202507-2025: 1.7%▲ +0.1 percentage points vs 06-202508-2025: 2.4%▲ +0.7 percentage points vs 07-202509-2025: 2.8%▲ +0.4 percentage points vs 08-202510-2025: 4.0%▲ +1.2 percentage points vs 09-202511-2025: 9.9%▲ +5.9 percentage points vs 10-202512-2025: 11.3%▲ +1.4 percentage points vs 11-202501-2026: 14.3%▲ +3.0 percentage points vs 12-202502-2026: 23.9%▲ +9.6 percentage points vs 01-202603-2026: 24.2%▲ +0.3 percentage points vs 02-202604-2026: 23.5%▼ -0.7 percentage points vs 03-202605-2026: 23.5%● unchanged vs 04-202606-2026: 23.3%▼ -0.2 percentage points vs 05-202607-2026: 23.0%▼ -0.3 percentage points vs 06-202608-2026: 23.7%▲ +0.7 percentage points vs 07-202609-2026: ≥ 25%▲ +5.5 percentage points vs 08-2026highest value10-2026: ≥ 25%● unchanged vs 09-2026highest value
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
31-12-2024 year end31-07-2025 deadline12-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 29-08-2024, 29 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
This company filed its last 5 accounts on average 70 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.