Equity
€2.4m from €5.9m in 2011
Equity fell by 60% in 14 years.
FM PROJECTS
Lifetime
18 annual accounts with figures on one time axis, 26 filings since 1999peak €557,639 (2010)
-€24,486▲ €15,136
lowest -€524,971 (2022)
-€58,963▲ €19,337
peak €5.9m (2011)
€2.4m▼ 2.4%
€1,513▼ 92.7%
peak 6.5 FTE (2010)
-not published
Board3 names since 2019
3 directors and 2 others
Documentsfilings and deeds
30-10-20251 day before the deadline
2025abbreviated format
Gross margin from -€39,622 to -€24,486Loss of €58,963Debts from €20,804 to €1,513Cash from €35,725 to €24,840
Key points
from the 2025 annual accountsLosses
-€137,263 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
Position in the sector
-€58,963
Lower net result than 91% of companies in head offices and management consultancy. Sector median €43,533 · 10,631 companies.
2026 accounts not filed, 13 days past the deadlineTurnover not published (abbreviated or micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 8,613 companies had the same profile as FM PROJECTS has now. Each dot stands for 22 companies, two years later.
94.1%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 8,613 companies, not a prediction for FM PROJECTS. 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
Board and ownership
Director, since 01-06-2024
Director, , since 18-06-2024
Director, since 18-06-2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0463092549
Amendment of the articles · Resignations & appointments
Resignations: (director) and (director) · Reappointments: (director) and (director) · General meeting of 18-06-2024 · Gazette deed
1 director appointed, 1 resignation, 2 reappointments
Reappointments: (managing director and chair) and · Permanent representative: · Resignation: · General meeting of 31-12-2019 · Gazette deed
First establishment
Witte Burg 60, Koksijde
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FM PROJECTS Koksijde | €2.4m | -€24,486 | 99.9% | - |
| JDP Technics Izegem | €2.5m | €0 | -275.9% | - |
| DEMYBEL Kortrijk | €2.4m | -€29,345 | 65.3% | - |
| DELEYE & CO Roeselare | €2.1m | -€111,826 | 95.9% | - |
| HESTIA HOLDINGS Knokke-Heist | €2.8m | -€24,749 | 94.2% | - |
| PRODECOM Bruges | €2.0m | -€67,173 | 53.8% | 0 |
| KAPA Jabbeke | €1.9m | -€19,794 | 54.9% | - |
These companies have the same main activity as FM PROJECTS: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €1.9m and €2.8m, founded between 1995 and 2001.
Official details
Source: KBO- Status
- Active since 07-04-1998Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.086.525.8248670 Koksijde, since 27-04-1998
- Financial year end
- 31 March
- Peppol
- Reachable since 06-09-2025
Insights on FM PROJECTS
FM PROJECTS files the abbreviated format. That format states no turnover. The gross margin fell from €334,774 in 2007 to -€24,486 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 PROJECTS
- What is the company number of FM PROJECTS?
- The company number of FM PROJECTS is 0463.092.549. The VAT number is the same number with BE in front: BE 0463.092.549.
- Where is FM PROJECTS based?
- The registered office is at Witte Burg 60, 8670 Koksijde.Company details
- What does FM PROJECTS do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of FM PROJECTS?
- FM PROJECTS is a public limited company (NV).
- When was FM PROJECTS founded?
- FM PROJECTS was founded on 07-04-1998.
- Is FM PROJECTS still active?
- Yes, FM PROJECTS is an active enterprise in the KBO register.
- What is the turnover of FM PROJECTS?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
- Is FM PROJECTS profitable?
- In financial year 2025, FM PROJECTS made a loss of €58,963.
- Where can I find the annual accounts of FM PROJECTS?
- FM PROJECTS filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
Next steps
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