FM PROJET
ActiveThe computed 12-month bankruptcy probability of FM PROJET is 2.6% (moderate). The 2025 annual accounts show equity of €58k and a net result of €-161. Equity is growing by ~19.9% per year across the filed fiscal years. Its solvency ranks better than 42% of 1902 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
46
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability47▼-38
Solvency62▲+11
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity tight (current ratio 1.17 against 1.04 in 2024; short-term debt: 62.6% and cash: 11.5% of total assets), and 62.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
37.4%
Return on assets
-0.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
28 d early
2024
22 d early
2023
30 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€58k▼ 0.3%
2024 · €58k
2023: €35k
2024: €58k
2023 → 2025
Total assets
€156k▼ 29.3%
2024 · €220k
2023: €98k
2024: €220k
2023 → 2025
Net result
€-161
2024 · €29k
2023: €9k
2024: €29k
2023 → 2025
Working capital
€16k▲ 145%
2024 · €7k
2023: €-3k
2024: €7k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€35k-€58k▲ 66.6%€58k▼ 0.3%
Operating result€13k-€41k▲ 214%€6k▼ 84.6%
Net result€9k-€29k▲ 224%€-161
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 85% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €156k
Fixed assets
€42k▼ 35.0%
Current assets
€114k▼ 27.0%
Equity and liabilities €156k
Equity
€58k▼ 0.3%
Debt
€97k▼ 39.8%
The debt ratio falls from 73.5% to 62.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€20k▼
2024 · €57k
Cash flow
€13k▼
2024 · €45k
Solvency
37.4%▲
2024 · 26.5%
Current ratio
1.17▲
2024 · 1.04
Quick ratio
0.71▼
2024 · 1.02
Debt / equity
1.68▼
2024 · 2.78
ROE
-0.3%▼
2024 · 50.0%
ROA
-0.1%▼
2024 · 13.2%
Interest coverage
3.36▼
2024 · 12.52
Debt
€97k▼
2024 · €162k
Debt ≤ 1 year
€97k▼
2024 · €149k
Income taxes
€545▼
2024 · €7k
Staff costs
€56k▲
2024 · €26k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€220k€156k▼
Fixed assets21/28€64k€42k▼
Intangible fixed assets21-€2k
Tangible fixed assets22/27€57k€32k▼
Plant, machinery and equipment23€11k€7k▼
Furniture and vehicles24€46k€24k▼
Assets under construction and advance payments27-€709
Financial fixed assets28€7k€7k=
Current assets29/58€156k€114k▼
Stocks and contracts in progress3€4k€45k▲
Stocks30/36€4k€29k▲
Contracts in progress37-€16k
Amounts receivable within one year40/41€129k€51k▼
Trade receivables40€129k€46k▼
Other amounts receivable41-€5k
Cash at bank and in hand54/58€23k€18k▼
Deferred charges and accrued income490/1€367€53▼
Equity and liabilities
Total equity and liabilities10/49€220k€156k▼
Equity10/15€58k€58k▼
Contributions10/11€30k€30k=
Profit (loss) carried forward14€28k€28k▼
Amounts payable17/49€162k€97k▼
Amounts payable after more than one year17€12k-
Financial debts170/4€12k-
Amounts payable within one year42/48€149k€97k▼
Current portion of amounts payable after more than one year42€7k-
Financial debts43-€34k
Credit institutions430/8-€34k
Trade debts44€101k€30k▼
Suppliers440/4€101k€30k▼
Taxes, remuneration and social security45€30k€20k▼
Taxes450/3€29k€8k▼
Remuneration and social security454/9€1k€12k▲
Other amounts payable47/48€11k€14k▲
Accrued charges and deferred income492/3€583-
Income statement
Code20242025
Remuneration, social security and pensions62€26k€56k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€14k▼
Other operating charges640/8€1k€4k▲
Gross operating margin9900€84k€80k▼
Operating profit (loss)9901€41k€6k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€5k€6k▲
Recurring financial charges65€5k€6k▲
Profit (loss) for the period before taxes9903€36k€384▼
Income taxes67/77€7k€545▼
Profit (loss) for the period9904€29k€-161▼
Profit (loss) for the period to be appropriated9905€29k€-161▼
Appropriation of the result
Profit (loss) to be appropriated9906€34k€28k▼
Profit (loss) brought forward from the previous period14P€5k€28k▲
Profit to be distributed694/7€6k-
Return on contributions (dividend)694€833-
Directors or managers695€5k-
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-161 ▼101%
Net result drops to €-161, the lowest in the series.
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2023net €29k ▲224%
Operating result €41k, net result €29k, both a record.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Oupeye · 1 establishment unit since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Voie du Tram 154682 OupeyeGround area
4,732 m²
Building footprint
1,001 m²
Volume, LiDAR
5,322 m³
2 parcels, Wallonia · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FM PROJET
since 20232.354.798.427
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62044A0613/02B000 | Wallonia | 4,318 m² | 1 · 914 m² | 5.7 m · 2 fl. |
| 62052B0138/00B002 | Wallonia | 415 m² | 1 · 87 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
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.
Similar companies · same sector, comparable size
METALLIA-INDUSTRIES
BE 0647.653.855
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LASWERKEN VAN DAMME
BE 0888.413.595
Gent · Eq €58k
Martin Chiaradia
BE 1009.854.726
Anhée · Eq €58k
FERRO DESIGN
BE 0753.792.443
Charleroi · Eq €58k
BLConcept Design
BE 0642.602.927
Trooz · Eq €58k
Of 3,464 companies in sector 25530 we hold annual accounts for 1,658. 1,089 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-02-2023
Fiscal year end31-12
Activities, NACEBEL
25120Manufacture of fabricated metal products, except machinery and equipment
25530Machining of metals
16230Manufacture of other builders' carpentry and joinery
25110Manufacture of metal structures and parts of structures
25999Manufacture of fabricated metal products, except machinery and equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.