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FMC

Active
Private limited companyfounded 2017active for 9 yearsHerent 48, 3910 Pelt, BelgiumKBO/BCE: BE 0668.751.949
Summary

FMC has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €33,630 and a net result of €3,383. Equity is growing by about 8.7% per year across the filed financial years. Its solvency ranks better than 35% of 9,770 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Financials · financial year 2025, abbreviated format

Equity
€33,630▲ 5.6%
2024 · €31,847
Total assets
€116,888▲ 96.8%
2024 · €59,383
Net result
€3,383▼ 0.6%
2024 · €3,403
Working capital
€5,495▲ 151%
2024 · €2,189
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result has fallen two years in a row; 2025 is 97% below 2024 and is the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€298 2025 Net result€3,383 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€1,624-€9,615▲ 492%€6,051▼ 37.1%€6,259▲ 3.4%€5,611▼ 10.4%€10,469▲ 86.6%€9,460▼ 9.6%€298▼ 96.9%
Net result€183-€6,061▲ 33×€4,571within the sector's middle half▼ 24.6%€2,970below the sector's middle half▼ 35.0%€2,349below the sector's middle half▼ 20.9%€5,729within the sector's middle half▲ 144%€3,403within the sector's middle half▼ 40.6%€3,383within the sector's middle half▼ 0.6%
Equity€16,389-€20,826▲ 27.1%€23,796within the sector's middle half▲ 14.3%€25,166below the sector's middle half▲ 5.8%€25,915below the sector's middle half▲ 3.0%€30,044below the sector's middle half▲ 15.9%€31,847below the sector's middle half▲ 6.0%€33,630below the sector's middle half▲ 5.6%
Total assets€31,387-€45,816▲ 46.0%€46,515below the sector's middle half▲ 1.5%€47,807below the sector's middle half▲ 2.8%€59,963below the sector's middle half▲ 25.4%€45,540below the sector's middle half▼ 24.1%€59,383below the sector's middle half▲ 30.4%€116,888below the sector's middle half▲ 96.8%
Debt€14,998-€24,990▲ 66.6%€22,719▼ 9.1%€22,641▼ 0.3%€34,048▲ 50.4%€15,496▼ 54.5%€27,536▲ 77.7%€83,258▲ 202%
Working capital-€345--€7,515▼ 2,080%-€11,658below the sector's middle half▼ 55.1%-€5,007below the sector's middle half▲ 57.0%-€7,136below the sector's middle half▼ 42.5%-€3,564below the sector's middle half▲ 50.1%€2,189below the sector's middle half€5,495below the sector's middle half▲ 151%
Solvency52.2%-45.5%▼ 6.8pp51.2%within the sector's middle half▲ 5.7pp52.6%within the sector's middle half▲ 1.5pp43.2%within the sector's middle half▼ 9.4pp66.0%within the sector's middle half▲ 22.8pp53.6%within the sector's middle half▼ 12.3pp28.8%within the sector's middle half▼ 24.9pp
Current ratio0.98-0.70▼ 0.280.49below the sector's middle half▼ 0.210.78below the sector's middle half▲ 0.290.79below the sector's middle half▲ 0.010.77below the sector's middle half▼ 0.021.08below the sector's middle half▲ 0.311.19within the sector's middle half▲ 0.11
Return on assets (ROA)0.6%-13.2%▲ 12.6pp9.8%within the sector's middle half▼ 3.4pp6.2%within the sector's middle half▼ 3.6pp3.9%within the sector's middle half▼ 2.3pp12.6%above the sector's middle half▲ 8.7pp5.7%within the sector's middle half▼ 6.9pp2.9%within the sector's middle half▼ 2.8pp
above within below the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €116,888
Fixed assets €82,957 ▲ 180%
Current assets €33,932 ▲ 14.2%
Equity and liabilities €116,888
Equity €33,630 ▲ 5.6%
Debt €83,258 ▲ 202%
Debt's share of the balance-sheet total rises from 46.4% to 71.2%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€20,363▲
2024 · €15,736
Cash flow
€23,448▲
2024 · €9,678
Debt to equity
2.48▲
2024 · 0.86
ROE
10.1%▼
2024 · 10.7%
Interest coverage
32.63▲
2024 · 8.65
Debt ≤ 1 year
€28,437▲
2024 · €27,536
Debt > 1 year
€34,822
Income taxes
€3,047▼
2024 · €4,240
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,274 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 94.6% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
2.5% went bankrupt
2.5% stopped otherwise
94.6% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 3,274 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet Code20242025
Assets
Total assets20/58€59,383€116,888▲
Fixed assets21/28€29,658€82,957▲
Tangible fixed assets22/27€29,658€82,957▲
Land and buildings22€27,481€27,322▼
Furniture and vehicles24€2,177€55,634▲
Current assets29/58€29,725€33,932▲
Amounts receivable within one year40/41€14,222€24,474▲
Trade receivables40-€10,422
Other amounts receivable41€14,222€14,051▼
Cash at bank and in hand54/58€15,502€9,458▼
Equity and liabilities
Total equity and liabilities10/49€59,383€116,888▲
Equity10/15€31,847€33,630▲
Contributions10/11€18,600€18,600=
Profit (loss) carried forward14€13,247€15,030▲
Amounts payable17/49€27,536€83,258▲
Amounts payable after more than one year17-€34,822
Financial debts170/4-€34,822
Amounts payable within one year42/48€27,536€28,437▲
Current portion of amounts payable after more than one year42-€10,464
Trade debts44€20,121€10,072▼
Suppliers440/4€20,121€10,072▼
Taxes, remuneration and social security45€6,160€4,381▼
Taxes450/3€6,160€4,381▼
Other amounts payable47/48€1,255€3,519▲
Accrued charges and deferred income492/3-€20,000
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,275€20,065▲
Other operating charges640/8€807€703▼
Gross operating margin9900€16,543€21,065▲
Operating profit (loss)9901€9,460€298▼
Financial income75/76B-€6,756
Recurring financial income75-€6,756
Financial charges65/66B€1,818€624▼
Recurring financial charges65€1,818€624▼
Profit (loss) for the period before taxes9903€7,642€6,430▼
Income taxes67/77€4,240€3,047▼
Profit (loss) for the period9904€3,403€3,383▼
Profit (loss) for the period to be appropriated9905€3,403€3,383▼
Appropriation of the result
Profit (loss) to be appropriated9906€14,847€16,630▲
Profit (loss) brought forward from the previous period14P€11,444€13,247▲
Profit to be distributed694/7€1,600€1,600=
Return on contributions (dividend)694€1,600€1,600=

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,722€4,114€4,620€5,281€5,521€5,551€6,275€20,065▲ 220%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€4,851----
Other operating charges640/8---€1,786€2,217€2,332€807€703▼ 12.9%
Gross operating margin9900€3,973€14,488€12,359€13,326€18,200€18,352€16,543€21,065▲ 27.3%
Operating profit (loss)9901€1,624€9,615€6,051€6,259€5,611€10,469€9,460€298▼ 96.9%
Financial income75/76B-----€7-€6,756-
Recurring financial income75-----€7-€6,756-
Financial charges65/66B---€559€406€523€1,818€624▼ 65.7%
Recurring financial charges65€1,027€1,418€478€559€406€523€1,818€624▼ 65.7%
Profit (loss) for the period before taxes9903€597€8,197€5,573€5,700€5,205€9,953€7,642€6,430▼ 15.9%
Income taxes67/77€414€2,136€1,002€2,731€2,856€4,224€4,240€3,047▼ 28.1%
Profit (loss) for the period9904€183€6,061€4,571€2,970€2,349€5,729€3,403€3,383▼ 0.6%
Profit (loss) for the period to be appropriated9905€183€6,061€4,571€2,970€2,349€5,729€3,403€3,383▼ 0.6%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€31,387€45,816€46,515€47,807€59,963€45,540€59,383€116,888▲ 96.8%
Fixed assets21/28€16,734€28,341€35,454€30,173€33,051€33,608€29,658€82,957▲ 180%
Tangible fixed assets22/27€16,734€28,341€35,454€30,173€33,051€33,608€29,658€82,957▲ 180%
Land and buildings22---€27,099€31,807€33,068€27,481€27,322▼ 0.6%
Furniture and vehicles24---€3,074€1,244€540€2,177€55,634▲ 26×
Current assets29/58€14,653€17,475€11,061€17,634€26,912€11,932€29,725€33,932▲ 14.2%
Amounts receivable within one year40/41€7,770€10,394€2,000€16,921€25,917€2,769€14,222€24,474▲ 72.1%
Trade receivables40---€14,603€25,898€1,842-€10,422-
Other amounts receivable41---€2,317€19€927€14,222€14,051▼ 1.2%
Cash at bank and in hand54/58€6,883€7,081€9,061€714€995€5,275€15,502€9,458▼ 39.0%
Deferred charges and accrued income490/1-----€3,888---
Equity and liabilities
Total equity and liabilities10/49€31,387€45,816€46,515€47,807€59,963€45,540€59,383€116,888▲ 96.8%
Equity10/15€16,389€20,826€23,796€25,166€25,915€30,044€31,847€33,630▲ 5.6%
Contributions10/11€18,600€18,600-€18,600€18,600€18,600€18,600€18,600=
Profit (loss) carried forward14-€2,211€2,226€5,196€6,566€7,315€11,444€13,247€15,030▲ 13.5%
Amounts payable17/49€14,998€24,990€22,719€22,641€34,048€15,496€27,536€83,258▲ 202%
Amounts payable after more than one year17-------€34,822-
Financial debts170/4-------€34,822-
Amounts payable within one year42/48€14,998€24,990€22,719€22,641€34,048€15,496€27,536€28,437▲ 3.3%
Current portion of amounts payable after more than one year42-------€10,464-
Trade debts44€5,080€5,007€7,219€5,985€23,330€4,693€20,121€10,072▼ 49.9%
Suppliers440/4---€5,985€23,330€4,693€20,121€10,072▼ 49.9%
Taxes, remuneration and social security45---€2,486€4,296€5,558€6,160€4,381▼ 28.9%
Taxes450/3---€2,486€4,296€5,558€6,160€4,381▼ 28.9%
Other amounts payable47/48---€14,171€6,422€5,244€1,255€3,519▲ 181%
Accrued charges and deferred income492/3-------€20,000-
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€183€6,061€4,571€2,970€2,349€5,729€3,403€3,383▼ 0.6%
+ Depreciation and write-downs630€1,722€4,114€4,620€5,281€5,521€5,551€6,275€20,065▲ 220%
Operating cash flow (approximation)€1,905€10,175€9,190€8,251€7,870€11,280€9,678€23,448▲ 142%
Investment in fixed assets (approximation)--€15,722-€11,733€0-€8,398-€6,108-€2,326-€73,363▼ 3,055%
Change in cash-€198€1,980-€8,347€282€4,279€10,228-€6,045-

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

Download as CSV

Filings with the National Bank (9)
Financial year Type Filed Reference
31-12-2025 abbreviated format 03-07-2026 2026-00249795
31-12-2024 abbreviated format 31-07-2025 2025-00349315
31-12-2023 abbreviated format 17-07-2024 2024-00259780
31-12-2022 abbreviated format 16-06-2023 2023-00131808
31-12-2021 abbreviated format 20-06-2022 2022-20074109
31-12-2020 micro format 31-05-2021 2021-16100051
31-12-2019 micro format 02-07-2020 2020-26100260
31-12-2018 micro format 04-06-2019 2019-16200250
31-12-2017 abbreviated format 13-06-2018 2018-18600187

Similar companies · same sector, comparable size

Of the 1,703 active companies whose main activity is agents in the wholesale of furniture, household goods and hardware (NACE 46150), figures are known for 761. 555 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.