FMA
ActiveThe computed 12-month bankruptcy probability of FMA is 1.8% (moderate). The 2025 annual accounts show equity of €22k and a net result of €8k. Its solvency ranks better than 74% of 17987 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
100
/ 100
Excellent▲ +5 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability50▲+1
Solvency99▼-1
Growth85
Stability82
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 2.38 against 6.85 in 2024), and 37.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
62.9%
Return on assets
23.5%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
5 d late
2024
36 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€419k▲ 44.3%
2024 · €290k
2024: €290k
2024 → 2025
EBIT margin
2.5%▲ 0.5pp
2024 · 2.0%
2024: 2.0%
2024 → 2025
Net result
€8k▲ 78.3%
2024 · €5k
2024: €5k
2024 → 2025
Working capital
€18k▲ 170%
2024 · €7k
2024: €7k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Turnover€290k-€419k▲ 44.3%
Equity€13k-€22k▲ 73.1%
Operating result€6k-€10k▲ 79.7%
Net result€5k-€8k▲ 78.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 80% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €35k
Fixed assets
€4k▼ 33.3%
Current assets
€31k▲ 298%
Equity and liabilities €35k
Equity
€22k▲ 73.1%
Debt
€13k▲ 1,045%
The debt ratio rises from 8.2% to 37.1%: debt grows faster than equity.
Key figures and ratios
EBITDA
€12k▲
2024 · €8k
Cash flow
€10k▲
2024 · €7k
Solvency
62.9%▼
2024 · 91.8%
Current ratio
2.38▼
2024 · 6.85
Quick ratio
1.87▼
2024 · 6.85
Debt / equity
0.59▲
2024 · 0.09
ROE
37.4%▲
2024 · 36.3%
ROA
23.5%▼
2024 · 33.4%
Interest coverage
83.29▲
2024 · 74.20
Debt
€13k▲
2024 · €1k
Debt ≤ 1 year
€13k▲
2024 · €1k
Income taxes
€2k▲
2024 · €1k
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€14k€35k▲
Fixed assets21/28€6k€4k▼
Intangible fixed assets21€6k€4k▼
Current assets29/58€8k€31k▲
Stocks and contracts in progress3-€7k
Stocks30/36-€7k
Amounts receivable within one year40/41€3k€3k▼
Other amounts receivable41€3k€3k▼
Cash at bank and in hand54/58€5k€21k▲
Equity and liabilities
Total equity and liabilities10/49€14k€35k▲
Equity10/15€13k€22k▲
Contributions10/11€8k€8k=
Profit (loss) carried forward14€5k€14k▲
Amounts payable17/49€1k€13k▲
Amounts payable within one year42/48€1k€13k▲
Trade debts44-€11k
Suppliers440/4-€11k
Taxes, remuneration and social security45€1k€2k▲
Taxes450/3€1k€2k▲
Income statement
Code20242025
Turnover70€290k€419k▲
Goods, raw materials, services and sundry goods60/61€280k€410k▲
Remuneration, social security and pensions62€243-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k=
Other operating charges640/8€2k€987▼
Gross operating margin9900€10k€13k▲
Operating profit (loss)9901€6k€10k▲
Financial income75/76B€78€56▼
Recurring financial income75€78€56▼
Financial charges65/66B€104€147▲
Recurring financial charges65€104€147▲
Profit (loss) for the period before taxes9903€6k€10k▲
Income taxes67/77€1k€2k▲
Profit (loss) for the period9904€5k€8k▲
Profit (loss) for the period to be appropriated9905€5k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€5k€14k▲
Profit (loss) brought forward from the previous period14P-€6k
The notes to these accounts (4 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
05-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 5 days late
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
Directors · office · real estate
Directors
2 directors, no change since 2023
Wasim Butt
CurrentDirector · since 04-12-2023
04-12-2023
Wasim Butt: Appointed as Director
04-12-2023
Mohammad Saddiq Butt: Resigned as Director
Location & real-estate footprint
Registered office, Moorslede · 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.
Stationstraat 738890 MoorsledeGround area
140 m²
Building footprint
78 m²
Volume, LiDAR
637 m³
Parcel 36012E0862/00A002, Flanders · tallest building 10.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
FMA
since 20232.352.567.724
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36012E0862/00A002 | Flanders | 140 m² | 1 · 77 m² | 10.5 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteMoorslede2.352.567.724
Similar companies · same sector, comparable size
HONLLADAIS
BE 0471.478.891
Sint-Jans-Molenbeek · Eq €22k
HISOYE SORO
BE 0751.536.303
Sint-Truiden · Eq €22k
SAF2
BE 0647.519.738
Anderlecht · Eq €22k
MULTISHOP
BE 0433.214.866
Tervuren · Eq €22k
KOHINOOR
BE 0825.899.669
Oudenaarde · Eq €22k
Of 10,411 companies in sector 47110 we hold annual accounts for 5,786. 4,159 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-10-2023
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47113Retail trade
47252Retail sale of beverages, general range
47260Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.