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FM.HP

Active
Private limited company· 10 yrs active
KBO/BCE: BE 0655.719.901
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Belgian State Gazette acts: 0 of 7 read
Age10 yrs
Real estate2 parcels · 833 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of FM.HP is 1.9% (moderate). The 2023 annual accounts show equity of €14k and a net result of €3k. Equity is growing by ~7.7% per year across the filed fiscal years. The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Signals

1 signal · with evidence
Growing equity
Equity grew over 2019-2023. Profits are largely retained rather than distributed.
View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Annual accounts not filed
The financial year that closed on 31-12-2024 was due at the National Bank by 31-07-2025. Nothing is on record today, 390 days later. 2 financial years are missing in total. Measured on financial year 2023: 41.75% of the companies that did not file are in an abnormal legal state today, against 1.66% of those that did.
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. 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.
How we compute the deadline
The year end is derived from 5 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2023, that is 31-07-2024.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 nothing on record not filed -
31-12-2023 31-07-2024 29-08-2024 29 d late 2024-00412210
31-12-2022 31-07-2023 14-11-2023 106 d late 2023-00514097
31-12-2019 31-07-2020 30-10-2020 91 d late 2020-68400332
31-12-2018 31-07-2019 30-09-2019 61 d late 2019-68600221
31-12-2017 31-07-2018 30-09-2018 61 d late 2018-68300438

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Established
Founded in 2016, 10 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
1.9% Moderate
0%0,5%1,5%4%10%≥25%
No NACE activity registered +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€3k
Working capital€-6k+35.9%

Annual accounts & ratios

Source: NBB · 2023
Annual accounts filed on 29-08-2024 with the NBB · fiscal year 2023 · micro
€-5k€0€5kOperating result 2018: €6k€6kNet result 2018: €5k€5kOperating result 2019: €-2k€-2kNet result 2019: €-1k€-1kOperating result 2022: €-5k€-5kNet result 2022: €-5k€-5kOperating result 2023: €3k€3kNet result 2023: €3k€3k2018201920222023
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
volatile Too volatile to project: the yearly deviation from the trend is ~86% of the level (threshold 35%). We therefore deliberately show no projection line.
€-5k€0€5k2018: €5k2019: €-1k2022: €-5k2023: €3k2018201920222023
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Net profit
€3k
- 18-23
Total assets
€32k
+12.7% 18-23
Equity
€14k
+29.5% 18-23
Working capital
€-6k
+35.9% 18-23
Debt
€18k
+2.1% 18-23
Debt ≤ 1y
€18k
+2.1% 18-23
Current ratio
0.67
+40.4% 18-23
Quick ratio
0.25
+440.9% 18-23
Show 4 other metrics
Solvency
44.5%
+14.9% 18-23
Debt / equity
1.25
-21.2% 18-23
ROE
22.8%
- 18-23
ROA
10.1%
- 18-23
Figures by fiscal year
Fiscal year2023
Depositmicro
Revenue-
EBITDA-
Net profit€3k
Cash flow-
Staff costs-
Income taxes-
Dividends-
Total assets€32k
Equity€14k
Debt€18k
of which ≤ 1y€18k
of which > 1y-
Working capital€-6k
Employees (FTE)-
Ratios (computed)
2023
Current ratio0.67
Quick ratio0.25
Working capital ratio-18.1%
Solvency44.5%
Debt / equity1.25
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA10.1%
ROE22.8%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2023
Full annual accounts (19 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€32k
Fixed assets 21/28€20k
Financial fixed assets 28€20k
Current assets 29/58€12k
Stocks & contracts in progress 3€8k
Cash & bank 54/58€4k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€32k
Equity 10/15€14k
Contributions / capital 10/11€10k
Reserves 13€267
Accumulated profits (losses) 14€4k
Amounts payable 17/49€18k
Amounts payable within one year 42/48€18k
Income statement
Gross operating margin 9900€3k
Operating result 9901€3k
Financial charges 65€100
Result before taxes 9903€3k
Net result for the period 9904€3k
Result to be appropriated 9905€3k
This table shows the latest fiscal year. 3 prior years, with figures and ratios, belong to a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2023 · computed
56 / 100 Fair
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2023. Indicative, not credit advice.

Directors

Directors & mandates

4 directors
7 of this company's 7 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing below: a director who resigned there may therefore still show here as sitting. See the acts under Publications.
Current directors & mandates
  • Bouarfa Adam
    Managing director
    State Gazette act 24137459 (24-09-2024)
    Current
    05-09-2024 → present
    2 events
    • 31-12-2024 Resigned· Director (executive)
    • 05-09-2024 Appointed· Managing director
  • MWATA LADZO LASEL
    Director (executive)
    State Gazette act 24118366 (07-08-2024)
    Current
    23-07-2024 → present
Former directors (2)
  • Bouarfa Ayman
    Director
    State Gazette act 24117168 (05-08-2024)
    Former
    05-08-2024 → 05-09-2024
    2 events
    • 05-09-2024 Resigned· Managing director
    • 05-08-2024 Appointed· Director
  • Yarhzou El Mahjoub
    Director
    State Gazette act 24117168 (05-08-2024)
    Former
    - → 05-08-2024
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary -
Legal form Private limited company(610)
Incorporation27-05-2016
StatusActive
Postal code-

Structure & network

Locations & real estate

Registered office

on the map · from the address register
exact location from the address register On OpenStreetMap
332 companies at this address See who is registered here

Establishment units

1 location
COIN TOP AFFAIRES
Korporaal Trésigniesstr. 10, 1190 VorstVervaardiging van carrosserieën voor motorvoertuigen
since 20162.254.637.019
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area833 m²
Buildings2
Building footprint690 m²
Volume (LiDAR)3,554 m³
Tallest building17.1 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21384D0153/00C002 Brussels 524 m² 1 · 447 m² 17.1 m · 1 fl.
21526D0069/02A005 Brussels 310 m² 1 · 243 m² 10.9 m · 2 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

5 acts
Capital history · 2
06-10-2025
Capital change
05-08-2024
Capital change
All acts · 5 updated 10 months ago
2025
06-10-2025 All shares are now held by a single shareholder Capital & shares
2024
24-09-2024 1 director appointed, 1 resigning Director changes
  • Bouarfa Adam, Gedelegeerd bestuurder
  • Bouarfa Ayman, Gedelegeerd bestuurder
07-08-2024 MWATA LADZO LASEL appointed as director (executive) Director changes
  • MWATA LADZO LASEL, Directeur
05-08-2024 Transaction in capital or shares Capital & shares
2023
22-11-2023 Discharge granted to the board Director changes·Jean VAN den WOUWER
Notary: Jean VAN den WOUWER · Bruxelles

Analysis

Financial profile

5 of 5 axes measured
Health56Profitability100Solvency60Growth52Stability100
74 / 100

Strong profile, led by profitability.

All 5 axes are computed from data Checked has read.

Health 56
Profitability 100
Solvency 60
Growth 52
Stability 100

Credit advice

verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Company registry

Company registry (CBE)

Crossroads Bank
Names & trade names
Legal nameFR FM.HP
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.