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FMBG

Active
Private limited companyfounded 201312 yrs activeLouizalaan 54, 1050 Brussel, BelgiumKBO/BCE: BE 0539.832.516
Summary

The computed 12-month bankruptcy probability of FMBG is 3.1% (moderate). The latest annual accounts of FMBG were filed more than 90 days after the deadline. The 2024 annual accounts show equity of €287,447 and a net result of -€195,614. Equity is shrinking by ~11.4% per year across the filed fiscal years. The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Filing: Filed more than 90 days late
Axes, FY 2024 · tick = 2023
Profitability24▼-7
Solvency33▼-5
Growth32=
Track record100
Bankruptcy probability, 12 months
3.1% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 2024
Solvency, return and age of the figures
Solvency
7.7%
Return on assets
-5.2%
Age of the figures
31 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 12 years 0 20 y
raises risk · Filed more than 90 days late
The financial year that closed on 29-02-2024 was due by 30-09-2024 and was filed on 28-04-2026, 575 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2024
575 d late
2023
135 d late
2022
490 d late
2021
847 d late
2020
380 d late
2019
521 d late
2018
390 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 477 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · 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

History

On 1 October 2013, FMBG was incorporated.1 Total assets went from EUR 3.7 million in 2019 to EUR 3.7 million in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2024

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Financials · fiscal year 2024, unclassified schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€195,614▼ 94.1%
2023 · -€100,800
Working capital
-€3.4m▼ 6.1%
2023 · -€3.2m
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€9,172▼ 45.1%-€20,659▼ 125%-€17,154▲ 17.0%-€13,714▲ 20.1%-€14,454▼ 5.4%
Net result-€47,642▲ 1.0%-€55,421▼ 16.3%-€51,938▲ 6.3%-€100,800▼ 94.1%-€195,614▼ 94.1%
Equity€691,221▼ 6.4%€635,800▼ 8.0%€583,862▼ 8.2%€483,061▼ 17.3%€287,447▼ 40.5%
Total assets€3.7m▼ 0.1%€3.7m=€3.7m▼ 0.1%€3.7m=€3.7m▲ 0.2%
Debt€3.1m▲ 1.4%€3.1m▲ 1.9%€3.2m▲ 1.6%€3.3m▲ 3.2%€3.5m▲ 6.2%
Working capital-€3.0m▼ 1.6%-€3.0m▼ 1.8%-€3.1m▼ 1.8%-€3.2m▼ 3.2%-€3.4m▼ 6.1%
Result per fiscal year
Operating resultNet result
-€200,000-€150,000-€100,000-€50,000€0Operating result 2020: -€9,172-€9,172Net result 2020: -€47,642-€47,642Operating result 2021: -€20,659-€20,659Net result 2021: -€55,421-€55,421Operating result 2022: -€17,154-€17,154Net result 2022: -€51,938-€51,938Operating result 2023: -€13,714-€13,714Net result 2023: -€100,800-€100,800Operating result 2024: -€14,454-€14,454Net result 2024: -€195,614-€195,61420202021202220232024-€200,000-€150,000-€100,000-€50,000€0Operating result 2022: -€17,154-€17,200Net result 2022: -€51,938-€51,900Operating result 2023: -€13,714-€13,700Net result 2023: -€100,800-€101,000Operating result 2024: -€14,454-€14,500Net result 2024: -€195,614-€196,000202220232024
The operating result stays negative: a loss of €14,454 in 2024 against €13,714 in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.7m
Fixed assets €3.7m =
Current assets €89,633 ▲ 7.3%
Equity and liabilities €3.7m
Equity €287,447 ▼ 40.5%
Debt €3.5m ▲ 6.2%
Debt's share of the balance-sheet total rises from 87.1% to 92.3%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
Current ratio
0.03▲
2023 · 0.03
Debt to equity
12.04▲
2023 · 6.75
ROE
-68.1%▼
2023 · -20.9%
ROA
-5.2%▼
2023 · -2.7%
Debt ≤ 1 year
€3.5m▲
2023 · €3.3m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 40 lines
Balance sheet Code20232024
Assets
Total assets20/58€3.7m€3.7m▲
Fixed assets21/28€3.7m€3.7m=
Financial fixed assets28€3.7m€3.7m=
Affiliated companies280/1€3.7m€3.7m=
Participating interests280€3.7m€3.7m=
Other financial fixed assets284/8-€200
Amounts receivable and cash guarantees285/8-€200
Current assets29/58€83,499€89,633▲
Amounts receivable within one year40/41€83,337€88,178▲
Other amounts receivable41€83,337€88,178▲
Cash at bank and in hand54/58€162€1,454▲
Equity and liabilities
Total equity and liabilities10/49€3.7m€3.7m▲
Equity10/15€483,061€287,447▼
Contributions10/11€1.2m€1.2m=
Profit (loss) carried forward14-€735,539-€931,153▼
Amounts payable17/49€3.3m€3.5m▲
Amounts payable within one year42/48€3.3m€3.5m▲
Trade debts44€4,553€10,414▲
Suppliers440/4€4,553€10,414▲
Taxes, remuneration and social security45€59,870€115,588▲
Taxes450/3€59,870€115,588▲
Other amounts payable47/48€3.2m€3.3m▲
Accrued charges and deferred income492/3€1,089€2,451▲
Income statement Code20232024
Operating income70/76A-€1,144
Non-recurring operating income76A-€1,144
Operating charges60/66A€13,714€15,598▲
Services and other goods61€13,714€15,598▲
Operating profit (loss)9901-€13,714-€14,454▼
Financial income75/76B€2,304€4,842▲
Recurring financial income75€2,304€4,842▲
Income from current assets751€2,304€4,842▲
Financial charges65/66B€89,390€186,002▲
Recurring financial charges65€89,390€186,002▲
Debt charges650€89,090€185,725▲
Other financial charges652/9€300€277▼
Profit (loss) for the period before taxes9903-€100,800-€195,614▼
Profit (loss) for the period9904-€100,800-€195,614▼
Profit (loss) for the period to be appropriated9905-€100,800-€195,614▼
Appropriation of the result
Profit (loss) to be appropriated9906-€735,539-€931,153▼
Profit (loss) brought forward from the previous period14P-€634,738-€735,539▼

The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Operating income70/76A--€17-€1,144-
Other operating income74--€17---
Non-recurring operating income76A----€1,144-
Operating charges60/66A-€20,659€17,171€13,714€15,598▲ 13.7%
Services and other goods61-€20,659€17,171€13,714€15,598▲ 13.7%
Operating profit (loss)9901-€9,172-€20,659-€17,154-€13,714-€14,454▼ 5.4%
Financial income75/76B-€924€919€2,304€4,842▲ 110%
Recurring financial income75€1,071€924€919€2,304€4,842▲ 110%
Income from current assets751-€924€919€2,304€4,842▲ 110%
Financial charges65/66B-€35,687€35,703€89,390€186,002▲ 108%
Recurring financial charges65€39,540€35,687€35,703€89,390€186,002▲ 108%
Debt charges650€39,395€35,560€35,522€89,090€185,725▲ 108%
Other financial charges652/9-€127€182€300€277▼ 7.5%
Profit (loss) for the period before taxes9903-€47,642-€55,421-€51,938-€100,800-€195,614▼ 94.1%
Profit (loss) for the period9904-€47,642-€55,421-€51,938-€100,800-€195,614▼ 94.1%
Profit (loss) for the period to be appropriated9905-€47,642-€55,421-€51,938-€100,800-€195,614▼ 94.1%
Line20202021202220232024Change
Assets
Total assets20/58€3.7m€3.7m€3.7m€3.7m€3.7m▲ 0.2%
Fixed assets21/28€3.7m€3.7m€3.7m€3.7m€3.7m=
Financial fixed assets28€3.7m€3.7m€3.7m€3.7m€3.7m=
Affiliated companies280/1-€3.7m€3.7m€3.7m€3.7m=
Participating interests280-€3.7m€3.7m€3.7m€3.7m=
Other financial fixed assets284/8-€200€200-€200-
Amounts receivable and cash guarantees285/8-€200€200-€200-
Current assets29/58€82,490€83,857€81,843€83,499€89,633▲ 7.3%
Amounts receivable within one year40/41€78,982€79,906€81,033€83,337€88,178▲ 5.8%
Trade receivables40--€208---
Other amounts receivable41-€79,906€80,825€83,337€88,178▲ 5.8%
Cash at bank and in hand54/58€3,387€3,830€689€162€1,454▲ 797%
Deferred charges and accrued income490/1-€121€121---
Equity and liabilities
Total equity and liabilities10/49€3.7m€3.7m€3.7m€3.7m€3.7m▲ 0.2%
Equity10/15€691,221€635,800€583,862€483,061€287,447▼ 40.5%
Contributions10/11-€1.2m€1.2m€1.2m€1.2m=
Profit (loss) carried forward14-€527,379-€582,800-€634,738-€735,539-€931,153▼ 26.6%
Amounts payable17/49€3.1m€3.1m€3.2m€3.3m€3.5m▲ 6.2%
Amounts payable within one year42/48€3.0m€3.1m€3.2m€3.3m€3.5m▲ 6.2%
Trade debts44€1,977€4,073€1,949€4,553€10,414▲ 129%
Suppliers440/4-€4,073€1,949€4,553€10,414▲ 129%
Taxes, remuneration and social security45-€22,486€33,143€59,870€115,588▲ 93.1%
Taxes450/3-€22,486€33,143€59,870€115,588▲ 93.1%
Other amounts payable47/48-€3.1m€3.1m€3.2m€3.3m▲ 4.4%
Accrued charges and deferred income492/3-€3,000€27€1,089€2,451▲ 125%
Line20202021202220232024Change
Profit (loss) for the period9904-€47,642-€55,421-€51,938-€100,800-€195,614▼ 94.1%
Operating cash flow (approximation)-€47,642-€55,421-€51,938-€100,800-€195,614▼ 94.1%
Investment in fixed assets (approximation)-€0€0€200-€200▼ 200%
Change in cash-€443-€3,141-€527€1,292▲ 345%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
28-04
NBB filing Annual accounts filed
fiscal year 2024 · unclassified schema · 575 days late
2024
29-02
Financial Weakest financial yearnet -€195,614
Net result drops to -€195,614, the lowest in the series.
12-02
NBB filing Annual accounts filed
fiscal year 2023 · unclassified schema · 135 days late
02-02
NBB filing Annual accounts filed
fiscal year 2022 · unclassified schema · 490 days late
25-01
NBB filing Annual accounts filed
fiscal year 2021 · unclassified schema · 847 days late
2021
15-10
NBB filing Annual accounts filed
fiscal year 2020 · unclassified schema · 380 days late
04-03
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 521 days late
2019
25-10
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 390 days late
13-09
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 713 days late
2017
07-03
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 158 days late
2015
30-10
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts

We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
8 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, Brussel · 1 establishment unit since 2013
seat establishment The establishment unit on the map
Ground area
3,834 m²
Building footprint
1,600 m²
Volume, LiDAR
37,560 m³
2 parcels, Brussels · tallest building 33.9 m, ±9 floors. Linked by address, not a title deed.
376 companies at this address See who is registered here
1 establishment unit
Haachtsesteenweg 1475, 1130 Brussel
Air transport
since 20132.226.226.214
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21821B0209/00H000 Brussels 2,209 m² 1 · 314 m² 9.7 m · 3 fl.
21807G0001/00L000 Brussels 1,625 m² 1 · 1,286 m² 33.9 m · 9 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

2 holdings

Owners 0

The accounts to 29-02-2024 list no shareholders, and no other source names one.

Holdings 2

According to the annual accounts to 29-02-2024 of FMBG and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPrivate limited company
Founded01-10-2013
Fiscal year end29-02
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 30 September 2026 · Peppol Directory

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