FM MANAGEMENT SOLUTIONS

Active

Private limited companyfounded 2011active for 15 yearsAsselsstraat 70, 9031 Gent, BelgiumKBO/BCE: BE 0838.770.678

Summary

FM MANAGEMENT SOLUTIONS has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €210,572 and a net result of €218,499. Equity is growing by about 4.8% per year across the filed financial years. Its solvency ranks better than 11% of 9,816 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Risk analysisFollow Report Compare

FM MANAGEMENT SOLUTIONSActiveChecked score 68/100

Risk analysis Report Compare

Activity

General electrical installation work

NACE 43211Holiday cottages, homes and apartments NACE 55203

2 sites

Size

€2.5mtotal assets 2025

Staff: 2 FTE
Equity: €210,572
Profit: €218,499

Turnover not published (abbreviated or micro format)

Financial health

68 Healthy Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.8%

Structure

MAELFAIT Frédéric PhilipDirector

2025 accounts 8 days early2 of 6 deeds summarised

Why 68raises riskEquity €210,572 (8.3% of total assets)Sector: Specialised construction activities (NACE 43)lowers riskFigures for financial year 2025 (filed 23-07-2026)Size: 2 FTE, total assets €2.5mShow the evidence

Checked score

Score 2025

68 / 100

Healthy

Probability in this band: 0.55% to 1.5%

Financially better than 46% of its sector peers (NACE 43, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Average

Solvency 33+2

equity 8.3% of total assets

Liquidity 40-1

short-term debt 28.5% · cash 1.2%

Profitability 79+38

return on assets 8.6%

Bankruptcy probability, 12 months

0.8% Low

0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,644 companies, NACE 43, micro)

Last 24 months 11-2024: 0.8% 12-2024: 0.8%● unchanged vs 11-2024 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 1.1%▲ +0.3 percentage points vs 05-2025 07-2025: 1.3%▲ +0.2 percentage points vs 06-2025highest value 08-2025: 0.9%▼ -0.4 percentage points vs 07-2025 09-2025: 0.9%● unchanged vs 08-2025 10-2025: 0.9%● unchanged vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 1.0%▲ +0.1 percentage points vs 01-2026 03-2026: 0.9%▼ -0.1 percentage points vs 02-2026 04-2026: 1.0%▲ +0.1 percentage points vs 03-2026 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 1.1%▲ +0.1 percentage points vs 05-2026 07-2026: 1.2%▲ +0.1 percentage points vs 06-2026 08-2026: 0.8%▼ -0.4 percentage points vs 07-2026lowest value 09-2026: 0.8%● unchanged vs 08-2026lowest value 10-2026: 0.8%● unchanged vs 09-2026lowest value

Credit of up to €14,000 on 30-day terms is acceptable

Liquidity insufficient (current ratio 0.57, compared with 0.72 in 2024, below 1; short-term debt: 28.5% and cash: 1.2% of total assets), and 91.7% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 13% on solvency, 29% on liquidity, 58% on profitability and 84% on growth.

The bankruptcy probability was computed on 27-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises riskneutral

Equity €210,572 (8.3% of total assets)

NBB · annual accounts

Figures for financial year 2025 (filed 23-07-2026)

NBB · annual accounts

Size: 2 FTE, total assets €2.5m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Sector: Specialised construction activities (NACE 43)

KBO

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 9816 sector peers (2025).

NBB · sector comparison

Position among 9816 sector peers

Solvency

better than 11%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

8 days early

2024

1 day early

2023

1 day early

2022

3 days early

2021

3 days early

2020

9 days early

2019

28 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average on the deadline day; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 July (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

28-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

23-07-2026 Annual accounts filedfinancial year 2025 · abbreviated…
22-01-2026 Amendment of the articles · Name…Resignation: PIESSENS Jens (director) ·…
31-12-2025 Back to profitnet €218,499

Key points

Positive: Back in profit in 2025after -€10,739 in 2024 €218,499 View
Caution: Among the weakest 11% on solvencysector median 44.0% · 9,816 companies 8.3% View
Caution: A director leftlatest change 22-01-2026 · 1 in office 1 left View
Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View

By topic

Financials

Financial year: 2025
Total assets: €2.5m
Profit: €218,499
Solvency: 8.3%

Total assets▲ 15.1%

Net result

20182025

Go to Financials

Board & ownership

Board: 1 member

MAELFAIT Frédéric PhilipDirector

Go to Board & ownership

Timeline

Events: 21
Since: 2013
Next accounts: by 31-07-2027

31-12-2025Equity above €200,000
30-07-2025Annual accounts filed
30-07-2024Annual accounts filed

Go to Timeline

Company details

Sites: 2

Legal form: Private limited company
Activity: General electrical installation workNACE 43211
Founded: 18-08-2011
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 13

Annual meeting: Third Friday of June at 20:00
Purpose: “Alle elektrotechnische installatiewerken zowel aan gebouwen als andere…” (deed in Dutch)

Go to Articles of association

Key facts about FM MANAGEMENT SOLUTIONS

What is the company number of FM MANAGEMENT SOLUTIONS?: 0838.770.678. In Belgium the VAT number is the company number with BE in front: BE 0838.770.678.
Where is FM MANAGEMENT SOLUTIONS based?: The registered office is at Asselsstraat 70, 9031 Gent.Company details
What does FM MANAGEMENT SOLUTIONS do?: According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of FM MANAGEMENT SOLUTIONS?: Private limited company (BV).
When was FM MANAGEMENT SOLUTIONS founded?: On 18-08-2011.
Is FM MANAGEMENT SOLUTIONS still active?: Yes, FM MANAGEMENT SOLUTIONS is an active enterprise in the KBO register.
How many employees does FM MANAGEMENT SOLUTIONS have?: On average 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of FM MANAGEMENT SOLUTIONS?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is FM MANAGEMENT SOLUTIONS profitable?: In financial year 2025, FM MANAGEMENT SOLUTIONS made a profit of €218,499.
Where can I find the annual accounts of FM MANAGEMENT SOLUTIONS?: FM MANAGEMENT SOLUTIONS filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FM MANAGEMENT SOLUTIONS due?: By 31-07-2027, for financial year 2026.Timeline