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FMD GROUP

Active
Private limited companyfounded 20223 yrs activeRue du Canard(H) 72, 7050 Jurbise, BelgiumKBO/BCE: BE 0794.859.669
Summary

FMD GROUP has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €670,911 and a net result of €7,345. Its solvency ranks better than 27% of 4630 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability29▼-14
Solvency48▲+1
Growth52
Track record94
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity short (current ratio 0.1 against 0.08 in 2023; short-term debt: 27% and cash: 0% of total assets), and 77.3% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
34 d early
2023
27 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 31 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed 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

FMD GROUP was incorporated on 15 December 2022 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

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

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Financials · fiscal year 2024, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€7,345▼ 98.0%
2023 · €373,565
Working capital
-€722,279▼ 26.3%
2023 · -€571,741
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result€58,822-€75,103▲ 27.7%
Net result€373,565above the sector's middle half-€7,345within the sector's middle half▼ 98.0%
Equity€663,565within the sector's middle half-€670,911within the sector's middle half▲ 1.1%
Total assets€3.0mwithin the sector's middle half-€3.0mwithin the sector's middle half▼ 0.3%
Debt€2.3m-€2.3m▼ 0.7%
Working capital-€571,741below the sector's middle half--€722,279below the sector's middle half▼ 26.3%
Solvency22.4%within the sector's middle half-22.7%within the sector's middle half▲ 0.3pp
Current ratio0.08below the sector's middle half-0.10below the sector's middle half▲ 0.02
Return on assets (ROA)12.6%within the sector's middle half-0.2%within the sector's middle half▼ 12.4pp
above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
€0€100,000€200,000€300,000€400,000Operating result 2023: €58,822€58,822Net result 2023: €373,565€373,565Operating result 2024: €75,103€75,103Net result 2024: €7,345€7,34520232024€0€100,000€200,000€300,000€400,000Operating result 2023: €58,822€58,800Net result 2023: €373,565€374,000Operating result 2024: €75,103€75,100Net result 2024: €7,345€7,35020232024
The operating result rises in 2024; 2024 is 28% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.9m
Fixed assets €2.9m ▼ 0.9%
Current assets €76,092 ▲ 59.6%
Equity and liabilities €3.0m
Equity €670,911 ▲ 1.1%
Debt €2.3m ▼ 0.7%
Debt's share of the balance-sheet total falls from 77.6% to 77.3%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€83,903▲
2023 · €76,713
Cash flow
€16,145▼
2023 · €391,456
Debt to equity
3.40▼
2023 · 3.46
ROE
1.1%▼
2023 · 56.3%
Interest coverage
1.24▲
2023 · 0.96
Debt ≤ 1 year
€798,371▲
2023 · €619,413
Debt > 1 year
€1.5m▼
2023 · €1.6m
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 · 41 lines
Balance sheet Code20232024
Assets
Total assets20/58€3.0m€3.0m▼
Formation expenses20€35,200€26,400▼
Fixed assets21/28€2.9m€2.9m▼
Tangible fixed assets22/27€27,273€0▼
Furniture and vehicles24€27,273€0▼
Financial fixed assets28€2.9m€2.9m=
Current assets29/58€47,672€76,092▲
Amounts receivable within one year40/41€43,565€74,498▲
Trade receivables40€41,140€68,850▲
Other amounts receivable41€2,425€5,648▲
Cash at bank and in hand54/58€4,107€1,448▼
Deferred charges and accrued income490/1-€146
Equity and liabilities
Total equity and liabilities10/49€3.0m€3.0m▼
Equity10/15€663,565€670,911▲
Contributions10/11€290,000€290,000=
Profit (loss) carried forward14€373,565€380,911▲
Amounts payable17/49€2.3m€2.3m▼
Amounts payable after more than one year17€1.6m€1.5m▼
Financial debts170/4€1.6m€1.5m▼
Amounts payable within one year42/48€619,413€798,371▲
Current portion of amounts payable after more than one year42€182,583€189,990▲
Trade debts44€369€151▼
Suppliers440/4€369€151▼
Taxes, remuneration and social security45€12,461€13,229▲
Taxes450/3€12,461€13,206▲
Remuneration and social security454/9-€24
Other amounts payable47/48€424,000€595,000▲
Accrued charges and deferred income492/3€35,653€31,688▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,891€8,800▼
Other operating charges640/8€254€4,108▲
Gross operating margin9900€76,966€88,010▲
Operating profit (loss)9901€58,822€75,103▲
Financial income75/76B€394,400€146▼
Recurring financial income75€394,400€146▼
Financial charges65/66B€79,657€67,903▼
Recurring financial charges65€79,657€67,903▼
Profit (loss) for the period before taxes9903€373,565€7,345▼
Profit (loss) for the period9904€373,565€7,345▼
Profit (loss) for the period to be appropriated9905€373,565€7,345▼
Appropriation of the result
Profit (loss) to be appropriated9906€373,565€380,911▲
Profit (loss) brought forward from the previous period14P-€373,565

The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,891€8,800▼ 50.8%
Other operating charges640/8€254€4,108▲ 1,519%
Gross operating margin9900€76,966€88,010▲ 14.3%
Operating profit (loss)9901€58,822€75,103▲ 27.7%
Financial income75/76B€394,400€146▼ 100.0%
Recurring financial income75€394,400€146▼ 100.0%
Financial charges65/66B€79,657€67,903▼ 14.8%
Recurring financial charges65€79,657€67,903▼ 14.8%
Profit (loss) for the period before taxes9903€373,565€7,345▼ 98.0%
Profit (loss) for the period9904€373,565€7,345▼ 98.0%
Profit (loss) for the period to be appropriated9905€373,565€7,345▼ 98.0%
Line20232024Change
Assets
Total assets20/58€3.0m€3.0m▼ 0.3%
Formation expenses20€35,200€26,400▼ 25.0%
Fixed assets21/28€2.9m€2.9m▼ 0.9%
Tangible fixed assets22/27€27,273€0▼ 100%
Furniture and vehicles24€27,273€0▼ 100%
Financial fixed assets28€2.9m€2.9m=
Current assets29/58€47,672€76,092▲ 59.6%
Amounts receivable within one year40/41€43,565€74,498▲ 71.0%
Trade receivables40€41,140€68,850▲ 67.4%
Other amounts receivable41€2,425€5,648▲ 133%
Cash at bank and in hand54/58€4,107€1,448▼ 64.7%
Deferred charges and accrued income490/1-€146-
Equity and liabilities
Total equity and liabilities10/49€3.0m€3.0m▼ 0.3%
Equity10/15€663,565€670,911▲ 1.1%
Contributions10/11€290,000€290,000=
Profit (loss) carried forward14€373,565€380,911▲ 2.0%
Amounts payable17/49€2.3m€2.3m▼ 0.7%
Amounts payable after more than one year17€1.6m€1.5m▼ 11.6%
Financial debts170/4€1.6m€1.5m▼ 11.6%
Amounts payable within one year42/48€619,413€798,371▲ 28.9%
Current portion of amounts payable after more than one year42€182,583€189,990▲ 4.1%
Trade debts44€369€151▼ 59.0%
Suppliers440/4€369€151▼ 59.0%
Taxes, remuneration and social security45€12,461€13,229▲ 6.2%
Taxes450/3€12,461€13,206▲ 6.0%
Remuneration and social security454/9-€24-
Other amounts payable47/48€424,000€595,000▲ 40.3%
Accrued charges and deferred income492/3€35,653€31,688▼ 11.1%
Line20232024Change
Profit (loss) for the period9904€373,565€7,345▼ 98.0%
+ Depreciation and write-downs630€17,891€8,800▼ 50.8%
Operating cash flow (approximation)€391,456€16,145▼ 95.9%
Investment in fixed assets (approximation)-€18,473-
Change in cash--€2,659-

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

2025
27-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
04-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 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
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, Jurbise
exact location from the address register On OpenStreetMap
Ground area
722 m²
Building footprint
128 m²
Volume, LiDAR
789 m³
Parcel 53040C0900/00D006, Wallonia · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
53040C0900/00D006 Wallonia 722 m² 1 · 128 m² 8.1 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 holding · 2 subsidiaries in the tree

Owners 0

The accounts to 31-12-2024 list no shareholders, and no other source names one.

Holdings 1

All subsidiaries, including indirect ones 2

Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.

According to the 2024 annual accounts of FMD GROUP 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.

Similar companies · same sector, comparable size

Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 32,007 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded15-12-2022
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0794859669
Also 9925:BE0794859669
Registered 12-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.