FM PROJECTS

Active Public limited companyfounded 1998active for 28 yearsWitte Burg 60, 8670 KoksijdeKBO/BCE: BE 0463.092.549

FM PROJECTS

Financial year 2025

Follow Report Compare

Annual accounts 2025

abbreviated format, filed on 30-10-2025, 1 day before the deadline

-€24,486

▲ €15,136

-€54,739

▲ €15,101

-€58,963

▲ €19,337

€2.0m

▼ 2.3%

99.9%

▲ 0.8 percentage points

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.

Balance sheet

balance sheet total €2.4m on 31-03-2025

What the company ownsHow it is paid for

in €m

in euro

Position in the sector

Compare with sector

99.9%

Higher than 95% of 10,633 companies in 2025.

-

Higher than 95% of 7,427 companies in 2023.

-2.5%

Higher than 13% of 10,548 companies in 2025.

FM PROJECTS Middle half of the sector 80% of the sector Abbreviated accounts in head offices and management consultancy (NACE 70)

Net result: bottom quarter · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter

Staff

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	201321 months	2011	2010	2009	2008	2007
Balance sheet: assets
`20/58`	2.4m	2.4m	2.6m	2.4m	3.5m	3.7m	4.5m	5.0m	5.1m	5.1m	5.5m	5.2m	5.1m	9.4m	10.0m	9.0m	9.0m	9.1m
`21/28`	331,590	347,631	369,958	393,305	3.5m	3.6m	4.0m	4.3m	4.3m	4.4m	4.4m	3.3m	-	8.7m	8.8m	8.0m	8.1m	8.3m
`21`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,144
`22/27`	328,325	344,367	366,693	390,040	1.3m	1.4m	1.4m	1.7m	1.7m	1.8m	1.9m	818,198	670,098	1.9m	2.0m	2.2m	2.3m	2.4m
`22`	326,310	342,072	364,120	388,170	1.3m	1.4m	1.4m	1.7m	1.7m	1.7m	1.8m	707,019	632,188	1.9m	2.0m	2.2m	2.3m	2.4m
`23`	2,016	2,295	2,574	1,870	72,907	5,388	10,422	16,345	10,799	14,558	13,054	2,886	-	-	-	-	426	958
`24`	-	-	-	-	-	-	4,302	-	8,062	-	-	-	-	-	-	-	-	9,140
`25`	-	-	-	-	-	-	-	-	-	-	-	-	37,910	-	-	-	-	-
`28`	3,265	3,265	3,265	3,265	2.2m	2.2m	2.6m	2.6m	2.6m	2.6m	2.6m	2.5m	2.5m	6.8m	6.8m	5.8m	5.8m	5.8m
`29/58`	2.0m	2.1m	2.2m	2.0m	32,444	93,173	503,654	671,047	784,795	777,002	1.1m	1.9m	1.9m	670,480	1.2m	1.0m	862,508	862,012
`29`	-	-	-	-	-	40,000	40,000	290,000	450,000	450,000	450,000	450,000	450,000	-	-	-	-	-
`290`	-	-	-	-	-	40,000	40,000	290,000	450,000	450,000	450,000	450,000	450,000	-	-	-	-	-
`40/41`	175,178	230,449	284,959	64,119	-	812	58,881	293,890	314,151	315,729	644,207	1.2m	1.3m	390,098	693,595	792,957	783,200	799,252
`40`	143,000	200,149	254,659	33,819	-	812	5,987	52,547	105,907	41,076	234,809	170,671	25,658	125,508	495,929	595,291	585,534	601,586
`41`	32,178	30,300	30,300	30,300	-	-	52,895	241,344	208,244	274,653	409,398	1.1m	1.2m	264,590	197,666	197,666	197,666	197,666
`50/53`	1.8m	1.8m	1.9m	1.9m	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`54/58`	24,840	35,725	23,785	14,264	30,485	52,360	404,773	54,842	20,643	11,273	3,114	170,446	164,870	272,997	485,971	209,244	74,860	58,540
`490/1`	5,152	3,899	3,407	2,013	1,960	-	-	32,314	-	-	1,354	-	-	7,384	20,302	7,606	4,448	4,219
Balance sheet: equity and liabilities
`10/49`	2.4m	2.4m	2.6m	2.4m	3.5m	3.7m	4.5m	5.0m	5.1m	5.1m	5.5m	5.2m	5.1m	9.4m	10.0m	9.0m	9.0m	9.1m
`10/15`	2.4m	2.4m	2.5m	2.3m	2.8m	2.9m	3.4m	3.8m	3.8m	3.8m	3.9m	4.2m	4.2m	5.9m	5.6m	5.3m	4.8m	4.3m
`10/11`	554,000	554,000	554,000	554,000	554,000	554,000	554,000	554,000	554,000	554,000	554,000	554,000	-	1.1m	1.1m	1.1m	1.1m	1.1m
`10`	554,000	554,000	554,000	554,000	-	-	-	-	-	-	-	-	554,000	-	-	-	-	-
`100`	554,000	554,000	554,000	554,000	554,000	554,000	554,000	554,000	554,000	554,000	554,000	554,000	554,000	1.1m	1.1m	1.1m	1.1m	1.1m
`13`	2.7m	2.7m	2.7m	2.7m	2.8m	2.8m	2.8m	3.2m	3.3m	3.3m	3.4m	3.6m	3.7m	4.8m	4.5m	4.1m	3.6m	3.2m
`130/1`	55,400	55,400	55,400	55,400	55,400	-	-	-	-	-	-	-	-	-	-	-	-	-
`130`	55,400	55,400	55,400	55,400	55,400	55,400	55,400	55,400	55,400	55,400	55,400	55,400	55,400	110,000	110,000	110,000	110,000	110,000
`132`	-	-	-	-	171,032	158,695	167,797	176,127	184,659	193,191	501,388	629,366	629,365	-	-	-	-	-
`133`	2.6m	2.6m	2.6m	2.6m	2.6m	2.6m	2.6m	3.0m	3.0m	3.0m	2.8m	2.9m	3.0m	4.7m	4.4m	4.0m	3.5m	3.1m
`14`	-858,901	-799,938	-721,638	-906,920	-552,981	-440,317	2,176	2,591	1,602	7,380	7,201	965	20,984	28,582	47,553	50,062	40,237	45,159
`16`	-	-	-	-	57,011	82,273	86,097	90,692	95,085	99,478	258,176	324,074	324,074	-	-	-	-	-
`168`	-	-	-	-	57,011	82,273	86,097	90,692	95,085	99,478	258,176	324,074	324,074	-	-	-	-	-
`17/49`	1,513	20,804	63,154	101,900	644,340	644,363	1.0m	1.1m	1.2m	1.2m	1.3m	699,491	515,507	3.4m	4.4m	3.8m	4.3m	4.8m
`17`	-	4,995	23,565	60,298	162,242	182,546	992,825	939,441	1.1m	1.0m	1.1m	492,032	367,691	832,576	1.4m	1.1m	3.5m	4.0m
`170/4`	-	-	11,667	-	81,663	118,267	159,667	200,534	277,140	358,645	468,974	252,754	242,316	512,522	762,514	27,428	63,998	100,568
`178/9`	-	4,995	11,899	60,298	80,579	64,279	833,158	738,907	794,114	676,402	657,618	239,278	125,375	320,054	686,261	1.1m	3.4m	3.9m
`42/48`	1,513	15,809	39,589	41,602	482,098	461,817	48,869	206,679	127,932	128,214	160,753	194,375	137,850	2.6m	2.9m	2.6m	563,069	713,457
`42`	-	11,667	35,000	35,000	36,071	41,400	41,400	76,606	108,171	110,330	110,447	74,751	120,622	249,992	277,420	36,570	36,570	138,193
`43`	-	-	-	-	-	-	-	-	-	-	-	-	-	2.3m	2.3m	2.4m	412,500	462,500
`430/8`	-	-	-	-	-	-	-	-	-	-	-	-	-	2.3m	2.3m	2.4m	412,500	462,500
`44`	1,070	2,933	3,042	4,903	3,810	11,402	7,014	120,236	12,737	7,468	37,368	100,385	7,513	30,202	179,606	150,562	88,242	80,778
`440/4`	1,070	2,933	3,042	4,903	3,810	11,402	7,014	120,236	12,737	7,468	37,368	100,385	7,513	30,202	179,606	150,562	88,242	80,778
`45`	443	1,210	1,547	1,698	825	989	455	9,837	7,023	10,416	12,938	19,239	9,715	17,396	69,386	35,399	25,757	31,986
`450/3`	443	1,210	1,547	1,698	825	989	455	9,837	7,023	10,416	12,938	19,239	9,715	13,036	23,329	17,932	19,170	20,991
`454/9`	-	-	-	-	-	-	-	-	-	-	-	-	-	4,360	46,058	17,467	6,587	10,995
`47/48`	-	-	-	-	441,392	408,026	-	-	-	-	-	-	-	-	-	-	-	-
`492/3`	-	-	-	-	-	-	-	-	5,008	43,883	39,169	13,083	9,966	24,595	78,473	58,554	196,074	122,296
Income statement
`76A`	-	-	-	7,304	9,761	9,698	130,923	-	-	-	-	-	-	400	151,806	-	-	357
`9900`	-24,486	-39,622	-24,769	-39,343	-11,289	-18,931	104,154	68,745	157,572	22,057	16,543	52,988	392,652	515,590	557,639	386,882	389,780	334,774
`62`	-	-	-	-	-	-	-	-	-	-	-	-	35,931	166,764	216,911	74,706	57,989	63,063
`630`	24,299	24,795	24,509	26,635	64,884	67,646	69,675	93,992	88,617	87,941	75,830	43,582	28,283	88,482	99,266	114,759	116,010	125,172
`631/4`	-	-50,000	-283,608	-100,000	-29,663	-50,000	360,255	-	201	135,971	177,300	-622,899	623,694	-	8,562	-	-	-
`640/8`	5,954	55,423	5,144	8,442	8,707	11,617	11,284	9,341	18,058	17,403	14,733	663,233	28,495	23,126	23,436	20,429	16,203	45,446
`66A`	-	-	-	430,119	58,405	406,181	-	-	-	-	-	1	-	-	248,999	-	7,440	-
`9901`	-54,739	-69,840	229,187	-404,540	-113,621	-48,193	-337,059	-34,587	50,697	-219,258	-251,320	-30,928	-323,751	237,219	209,464	176,988	199,579	101,092
`75/76B`	640	26	3,905	13	3,473	-	-	36	4,325	2,032	6,733	8,350	-	222,915	374,735	518,448	513,087	516,276
`75`	640	26	3,905	13	3,473	-	-	36	4,325	2,032	6,733	8,350	2.3m	222,915	374,735	518,448	513,087	516,276
`65/66B`	4,426	8,056	12,675	177,085	15,103	406,181	58,720	12,248	66,225	64,512	63,038	19,214	-	129,473	139,472	186,571	259,224	251,979
`65`	4,426	3,964	6,113	177,085	15,103	-	8,720	12,248	66,225	64,512	63,038	19,214	158,146	129,473	139,472	186,571	259,224	251,979
`66B`	-	4,092	6,562	-	-	406,181	50,000	-	-	-	-	-	-	-	-	-	-	-
`9903`	-58,525	-77,870	220,417	-581,612	-125,251	-454,374	-395,779	-46,799	-11,203	-281,738	-307,625	-41,793	3.1m	331,061	347,534	508,865	446,002	365,746
`780`	-	-	-	57,011	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`67/77`	438	430	35,135	370	339	1,044	562	138	-	-22	14	226	-110	32	43	-960	924	1,653
`9904`	-58,963	-78,300	185,282	-524,971	-122,359	-451,594	-392,517	-42,543	-6,810	-123,019	-241,741	-42,019	3.1m	331,029	347,491	509,825	445,078	364,092
`789`	-	-	-	171,032	9,694	9,102	9,102	8,532	8,532	308,198	127,977	-	-	-	-	-	-	-
`689`	-	-	-	-	-	-	-	-	-	-	-	-	953,439	-	-	-	-	-
`9905`	-58,963	-78,300	185,282	-353,939	-112,665	-442,492	-383,415	-34,011	1,722	185,179	-113,764	-42,019	2.2m	331,029	347,491	509,825	445,078	364,092
Appropriation of the result
`9906`	-858,901	-799,938	-721,638	-906,920	-552,981	-440,317	-380,824	-32,409	9,102	192,380	-112,799	-21,035	2.2m	378,582	397,553	550,062	490,237	395,159
`14P`	-799,938	-721,638	-906,920	-552,981	-	-	-	-	-	-	-	-	14,369	-	-	-	-	-
`791/2`	-	-	-	-	-	-	383,000	35,000	-	-	120,000	22,000	-	-	-	-	-	-
`691/2`	-	-	-	-	-	-	-	-	7,500	185,000	-	-	2.2m	350,000	350,000	500,000	450,000	350,000
`6920`	-	-	-	-	-	-	-	-	-	-	-	-	99	-	-	-	-	-
`6921`	-	-	-	-	-	-	-	-	7,500	185,000	-	-	2.2m	350,000	350,000	500,000	450,000	350,000
Social balance sheet
`9087`	-	-	-	-	-	-	-	-	-	-	-	-	0.8	5.3	6.5	2.7	2.2	2.4
Hours worked`1013`	-	-	-	-	-	-	-	-	-	-	-	-	-	7,911	10,859	3,259	3,559	4,042
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for 8 older financial years (1999-2006) were filed as documents without figures as data, scans for example.

The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 30-10-2025.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
31-03-2025	abbreviated format	30-10-2025	2025-00557909	PDF
31-03-2024	abbreviated format	17-10-2024	2024-00511862	PDF
31-03-2023	abbreviated format	14-10-2023	2023-00486582	PDF
31-03-2022	abbreviated format	19-10-2022	2022-20466906	PDF
31-03-2021	abbreviated format	28-10-2021	2021-74000058	PDF
31-03-2020	abbreviated format	31-10-2020	2020-68800119	PDF
31-03-2019	micro format	31-10-2019	2019-73400168	PDF
31-03-2018	micro format	12-11-2018	2018-72000410	PDF
31-03-2017	micro format	30-10-2017	2017-68400045	PDF
31-03-2016	abbreviated format	20-10-2016	2016-66000295	PDF
31-03-2015	abbreviated format	29-09-2015	2015-62700400	PDF
31-03-2014	abbreviated format	23-10-2014	2014-65300321	PDF
31-03-2013	abbreviated format	31-10-2013	2013-65100282	PDF
30-06-2011	abbreviated format	10-01-2012	2012-00700041	PDF
30-06-2010	abbreviated format	21-12-2010	2010-64000390	PDF
30-06-2009	abbreviated format	07-01-2010	2010-00700395	PDF
30-06-2008	abbreviated format	22-12-2008	2008-86600204	PDF
30-06-2007	abbreviated format	21-12-2007	2007-84700389	PDF
30-06-2006	abbreviated format	22-12-2006	2006-92800228	PDF
30-06-2005	abbreviated format	23-12-2005	2005-91303726	PDF
30-06-2004	abbreviated format	27-12-2004	2004-88303499	PDF
30-06-2003	abbreviated format	18-12-2003	2003-84302790	PDF
30-06-2002	abbreviated format	13-01-2003	2003-01004266	PDF
30-06-2001	abbreviated format	24-12-2001	2001-78100367	PDF
30-06-2000	abbreviated format	27-12-2000	2000-77801890	PDF
30-06-1999	abbreviated format	22-12-1999	1999-64302631	PDF

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	201321 months	2011	2010	2009	2008	2007
-30,440	-45,045	253,695	-377,904	-48,737	19,453	-267,384	59,405	139,314	-131,318	-175,491	12,654	-295,468	325,701	308,729	291,747	315,588	226,264
-34,664	-53,505	209,791	-498,336	-57,475	-383,949	-322,842	51,449	81,807	-35,078	-165,911	1,563	3.1m	419,511	446,757	624,584	561,088	489,264
8,258	2,468	1,162	1,628	0	29,680	5,377	102,730	66,671	8,527	1.2m	191,682	37,910	0	1.2m	0	4,213	1.2m
-10,885	11,940	9,521	-16,220	-21,876	-352,412	349,931	34,199	9,371	8,159	-167,332	5,576	-108,127	-212,973	276,726	134,385	16,319	-
2.0m	2.1m	2.1m	2.0m	-449,654	-368,644	454,786	464,367	656,863	648,788	937,922	1.7m	1.7m	-1.9m	-1.7m	-1.6m	299,439	148,554
99.9%	99.1%	97.5%	95.8%	80.1%	80.1%	75.0%	75.3%	74.6%	74.5%	71.3%	80.4%	83.4%	63.4%	56.2%	58.2%	52.7%	47.2%
-	-	55.15	48.40	0.07	0.20	10.31	3.25	6.13	6.06	6.83	9.58	13.56	0.26	0.42	0.39	1.53	1.21
0.00	0.01	0.03	0.04	0.23	0.22	0.31	0.30	0.32	0.32	0.34	0.17	0.12	0.58	0.78	0.72	0.90	1.12
-2.5%	-3.2%	7.4%	-22.8%	-4.3%	-15.4%	-11.6%	-1.1%	-0.2%	-3.2%	-6.1%	-1.0%	73.7%	5.6%	6.2%	9.7%	9.4%	8.5%
-2.5%	-3.2%	7.3%	-21.8%	-3.5%	-12.3%	-8.7%	-0.8%	-0.1%	-2.4%	-4.4%	-0.8%	61.5%	3.5%	3.5%	5.6%	4.9%	4.0%
-6.88	-11.36	41.50	-2.13	-	-	-	-	-	-	-	-	-1.87	-	-	-	-	-

A ratio outside any meaningful range has been withheld (balance sheet total €2.4m, equity €2.4m).

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired

Item	31-03-2025	31-03-2024	31-03-2023	31-03-2022
Tangible fixed assets	€8,258	€2,468	€1,162	€1,628
	€24,299	€24,795	€24,509	€26,635

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on FM PROJECTS

The operating result for 2025 is a loss of €54,739, smaller than the loss of €69,840 in 2024.

Debt's share of the balance-sheet total falls from 0.9% to 0.1%. Equity and debt are lower.

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed

Annual accounts 2025

Balance sheet

Change in equityin €m

Change in cashin euro

Position in the sector

Solvency99.9%

Current ratio-

Return on assets-2.5%

Staff

Staff cost per FTE

Joined and left

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on FM PROJECTS

Next steps

in €m

in euro

99.9%

-

-2.5%