FM SALES

Active

Private limited companyfounded 20197 yrs activeRue de Hemptinne, C.W. 29, 5380 Fernelmont, BelgiumKBO/BCE: BE 0728.598.375

The computed 12-month bankruptcy probability of FM SALES is 2.0% (moderate). The 2024 annual accounts show equity of €67k and a net result of €-7k. Equity is growing by ~22.8% per year across the filed fiscal years. Its solvency ranks better than 74% of 15868 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

61 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability10▼-73

Solvency95▲+15

Growth52▼-26

Track record100

Bankruptcy probability, 12 months

2.0% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €4k at 30 days acceptable

Liquidity ample (current ratio 2.78 against 1.93 in 2023; short-term debt: 29.9% and cash: 71% of total assets), and 29.9% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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 2024

Solvency, return and age of the figures

Solvency

70.1%

Return on assets

-7%

Age of the figures

21 mo

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 46

Relative position

BE, all sectors

reference

Sector 46

higher

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-07-2025, 6 days ahead of the deadline.

NBB · 6 filings

Deviation from the deadline

2025

not confirmed

2024

6 d early

2023

26 d late

2022

on the day

2021

9 d early

2020

26 d late

2019

88 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€67k▼ 9.1%

2023 · €74k

2019: €12k 2020: €33k 2021: €51k 2022: €58k 2023: €74k

2019 → 2024

Total assets

€96k▼ 28.8%

2023 · €134k

2019: €22k 2020: €54k 2021: €79k 2022: €152k 2023: €134k

2019 → 2024

Net result

€-7k

2023 · €15k

2019: €9k 2020: €21k 2021: €18k 2022: €7k 2023: €15k

2019 → 2024

Working capital

€51k▼ 9.9%

2023 · €57k

2019: €7k 2020: €24k 2021: €35k 2022: €37k 2023: €57k

2019 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€33k-€51k▲ 52.7%€58k▲ 14.3%€74k▲ 26.5%€67k▼ 9.1%

Operating result€28k-€25k▼ 10.8%€12k▼ 51.7%€26k▲ 117%€-6k

Net result€21k-€18k▼ 16.3%€7k▼ 58.5%€15k▲ 112%€-7k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2024: a loss of €6k after €26k in 2023, the lowest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €96k

16.9%

83.1%

Fixed assets €16k▼ 6.4%

Current assets €80k▼ 32.1%

Equity and liabilities €96k

70.1%

29.9%

Equity €67k▼ 9.1%

Debt €29k▼ 52.7%

The debt ratio falls from 45.1% to 29.9%. Equity and debt are lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€-991▼

2023 · €33k

Cash flow

€-2k▼

2023 · €22k

Solvency

70.1%▲

2023 · 54.9%

Current ratio

2.78▲

2023 · 1.93

Quick ratio

2.77▲

2023 · 1.93

Debt / equity

0.43▼

2023 · 0.82

ROE

-10.0%▼

2023 · 21.0%

ROA

-7.0%▼

2023 · 11.5%

Interest coverage

-1.66▼

2023 · 41.70

Debt

€29k▼

2023 · €61k

Debt ≤ 1 year

€29k▼

2023 · €61k

Income taxes

€292▼

2023 · €10k

Staff costs

€59k▼

2023 · €70k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€134k€96k▼

Fixed assets21/28€17k€16k▼

Tangible fixed assets22/27€14k€14k▲

Furniture and vehicles24€9k€8k▼

Other tangible fixed assets26€5k€6k▲

Financial fixed assets28€4k€2k▼

Current assets29/58€117k€80k▼

Stocks and contracts in progress3€200€200=

Stocks30/36€200€200=

Amounts receivable within one year40/41€5k€4k▼

Trade receivables40€4k€1k▼

Other amounts receivable41€839€3k▲

Cash at bank and in hand54/58€103k€68k▼

Deferred charges and accrued income490/1€9k€7k▼

Equity and liabilities

Total equity and liabilities10/49€134k€96k▼

Equity10/15€74k€67k▼

Contributions10/11€3k€3k=

Reserves13€70k€64k▼

Distributable reserves133€70k€64k▼

Profit (loss) carried forward14€946€227▼

Amounts payable17/49€61k€29k▼

Amounts payable within one year42/48€61k€29k▼

Trade debts44€7k€2k▼

Suppliers440/4€7k€2k▼

Taxes, remuneration and social security45€21k€15k▼

Taxes450/3€10k€3k▼

Remuneration and social security454/9€11k€12k▲

Other amounts payable47/48€33k€12k▼

Income statement Code20232024

Remuneration, social security and pensions62€70k€59k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€5k▼

Other operating charges640/8€2k€12k▲

Gross operating margin9900€105k€70k▼

Operating profit (loss)9901€26k€-6k▼

Financial income75/76B-€109

Recurring financial income75-€109

Financial charges65/66B€798€598▼

Recurring financial charges65€798€598▼

Profit (loss) for the period before taxes9903€26k€-6k▼

Income taxes67/77€10k€292▼

Profit (loss) for the period9904€15k€-7k▼

Profit (loss) for the period to be appropriated9905€15k€-7k▼

Appropriation of the result

Profit (loss) to be appropriated9906€16k€-6k▼

Profit (loss) brought forward from the previous period14P€466€946▲

Transfer from equity791/2-€6k

Transfer to equity691/2€15k-

To other reserves6921€15k-

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 8Financial 2Filings 6

2025

25-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Weakest financial yearnet €-7k ▼143%

Net result drops to €-7k, the lowest in the series.

26-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 26 days late

2023

31-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

22-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

26-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 26 days late

2020

31-12

Financial Highest result since 2019net €21k ▲125%

Operating result €28k, net result €21k, both a record.

27-10

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 88 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

1 act for this company is 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, Fernelmont · 1 establishment unit since 2019

establishment The establishment unit on the map

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.

Rue de Hemptinne, C.W. 295380 Fernelmont

Ground area

2,032 m²

Building footprint

180 m²

2 parcels, Wallonia. Linked by address, not a title deed.

1 establishment unit

L'Agence Automobilière

Rue du Jonckay, Bierw. 19, 5380 FernelmontNACE 45112

since 20192.291.043.196

2 parcels

Wallonia 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
92027A0082/00R000	Wallonia	1,903 m²	1 · 97 m²	-
92012B0018/00V002	Wallonia	130 m²	1 · 83 m²	-

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

Nieuwerkerken (Limb.) · Eq €67k

Of 4,422 companies in sector 46180 we hold annual accounts for 1,886. 1,391 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded18-06-2019

Fiscal year end31-12

Activities, NACEBEL

45112

46180Agents specialised in the wholesale of other particular products

47811Retail sale of cars and light vans (up to 3.5 tonnes)

45192

47812Retail trade

47820Retail sale of motor vehicle parts and accessories

64921Financial service activities, except insurance and pension funding

66220Insurance agents and brokers

77110Renting and leasing of cars and light motor vehicles

Sources

Crossroads Bank for EnterprisesNational Bank · 6 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.

Contact details

2 entries

E-mail:frederick.masure@agenceauto.com

Enterprise

Phone:0477/55.32.09

Enterprise