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FMFP

Active
Private limited companyfounded 2023active for 3 yearsExcelsiorlaan 71, 1930 Zaventem, Belgium288 active companies are registered at this addressKBO/BCE: BE 0797.683.062
Summary

The computed 12-month bankruptcy probability of FMFP is 3.1% (moderate). The 2024 annual accounts show equity of €5,886 and a net result of €4,886. Its solvency ranks better than 80% of 35,976 sector peers (NACE 43, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Joinery installation
NACE 43320
1 site
Size
€7,949total assets 2024
Equity
€5,886
Profit
€4,886
Turnover not published (micro format)
Financial health
52 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.1%
Structure
2024 accounts 71 days early1 of 2 deeds summarised
Why 52raises riskFigures for financial year 2024 (filed 23-05-2025)Founded in 2023Size: total assets €7,9491 financial year not filed after the legal deadlineShow the evidence

Checked score

Score 2024
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 69% of its sector peers (NACE 43, micro)
Financial strength
Strong
Solvency 99
equity 74.1% of total assets
Liquidity 44
short-term debt 25.9% · cash 3.0%
Profitability 100
return on assets 61.5%
Bankruptcy probability, 12 months
3.1% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,644 companies, NACE 43, micro)
Last 24 months 11-2024: 8.4%highest value 12-2024: 5.5%▼ -2.9 percentage points vs 11-2024 01-2025: 5.6%▲ +0.1 percentage points vs 12-2024 02-2025: 5.6%● unchanged vs 01-2025 03-2025: 5.6%● unchanged vs 02-2025 04-2025: 5.6%● unchanged vs 03-2025 05-2025: 5.6%● unchanged vs 04-2025 06-2025: 2.6%▼ -3.0 percentage points vs 05-2025 07-2025: 2.6%● unchanged vs 06-2025 08-2025: 2.6%● unchanged vs 07-2025 09-2025: 2.4%▼ -0.2 percentage points vs 08-2025 10-2025: 2.3%▼ -0.1 percentage points vs 09-2025 11-2025: 2.3%● unchanged vs 10-2025 12-2025: 2.3%● unchanged vs 11-2025 01-2026: 2.3%● unchanged vs 12-2025 02-2026: 2.3%● unchanged vs 01-2026 03-2026: 2.3%● unchanged vs 02-2026 04-2026: 2.8%▲ +0.5 percentage points vs 03-2026 05-2026: 3.4%▲ +0.6 percentage points vs 04-2026 06-2026: 3.5%▲ +0.1 percentage points vs 05-2026 07-2026: 1.8%▼ -1.7 percentage points vs 06-2026lowest value 08-2026: 2.2%▲ +0.4 percentage points vs 07-2026 09-2026: 2.3%▲ +0.1 percentage points vs 08-2026 10-2026: 3.1%▲ +0.8 percentage points vs 09-2026
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 80% on solvency, 34% on liquidity and 92% on profitability.

The bankruptcy probability was computed on 27-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
raises riskneutral
raises risk · Figures for financial year 2024 (filed 23-05-2025)
NBB · annual accounts
raises risk · Founded in 2023
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Size: total assets €7,949
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline
NBB · filings
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 21-05-2025, 71 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
71 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 71 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Registered officeRegistered-office move

Financials · financial year 2024, micro format

Equity
€5,886
Total assets
€7,949
Net result
€4,886
Working capital
€4,234

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

Balance-sheet composition
Assets €7,949
Fixed assets €1,652
Current assets €6,296
Equity and liabilities €7,949
Equity €5,886
Debt €2,062
Debt finances 25.9% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€6,094
Cash flow
€5,713
Current ratio
3.05
Debt to equity
0.35
ROE
83.0%
ROA
61.5%
Interest coverage
16.00
Debt ≤ 1 year
€2,062

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 3.1% 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 497,445 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 39,278 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 · 2024 · 29 lines
Balance sheet Code2024
Assets
Total assets20/58€7,949
Fixed assets21/28€1,652
Tangible fixed assets22/27€1,652
Furniture and vehicles24€1,652
Current assets29/58€6,296
Amounts receivable within one year40/41€6,060
Trade receivables40€3,050
Other amounts receivable41€3,010
Cash at bank and in hand54/58€236
Equity and liabilities
Total equity and liabilities10/49€7,949
Equity10/15€5,886
Contributions10/11€1,000
Capital10€1,000
Issued capital100€1,000
Profit (loss) carried forward14€4,886
Amounts payable17/49€2,062
Amounts payable within one year42/48€2,062
Trade debts44€2,062
Suppliers440/4€2,062
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€826
Other operating charges640/8€1,089
Gross operating margin9900€7,183
Operating profit (loss)9901€5,267
Financial charges65/66B€381
Recurring financial charges65€381
Profit (loss) for the period before taxes9903€4,886
Profit (loss) for the period9904€4,886
Profit (loss) for the period to be appropriated9905€4,886
Appropriation of the result
Profit (loss) to be appropriated9906€4,886

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€826
Other operating charges640/8€1,089
Gross operating margin9900€7,183
Operating profit (loss)9901€5,267
Financial charges65/66B€381
Recurring financial charges65€381
Profit (loss) for the period before taxes9903€4,886
Profit (loss) for the period9904€4,886
Profit (loss) for the period to be appropriated9905€4,886
Line2024
Assets
Total assets20/58€7,949
Fixed assets21/28€1,652
Tangible fixed assets22/27€1,652
Furniture and vehicles24€1,652
Current assets29/58€6,296
Amounts receivable within one year40/41€6,060
Trade receivables40€3,050
Other amounts receivable41€3,010
Cash at bank and in hand54/58€236
Equity and liabilities
Total equity and liabilities10/49€7,949
Equity10/15€5,886
Contributions10/11€1,000
Capital10€1,000
Issued capital100€1,000
Profit (loss) carried forward14€4,886
Amounts payable17/49€2,062
Amounts payable within one year42/48€2,062
Trade debts44€2,062
Suppliers440/4€2,062
Line2024
Profit (loss) for the period9904€4,886
+ Depreciation and write-downs630€826
Operating cash flow (approximation)€5,713

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 (1)
Financial year Type Filed Reference
31-12-2024 micro format 21-05-2025 2025-00102688

Similar companies · same sector, comparable size

Of the 19,856 active companies whose main activity is joinery installation (NACE 43320), figures are known for 9,273. 3,559 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.

Directors

Directors
No directors read yet: 1 of 2 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 26 January 2023, FMFP was incorporated as a private limited company.1 In 2024 the registered office moved to Zaventem.2 The company has filed annual accounts once, for financial year 2024.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 13-06-2024
  3. 3National Bank, annual accounts 2024

Acts, filings and financial milestones

2025
21-05
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
13-06
Gazette deed Registered office
Registered-office move2 facts ▸
  • General meeting, 06-05-2024
  • Registered-office move, Excelsiorlaan 71 - 1930 Zaventem
Gazette deedNBB filing
1 of 2 deeds read
About the unread acts

Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded26-01-2023
Financial year end31-12
Activities, NACEBEL 2025
43320Joinery installation
46471Wholesale trade
47551Retail sale of household furniture
95240Repair and maintenance of furniture and upholstery
E-invoicing
Reachable via Peppol
Peppol ID 0208:0797683062
Also 9925:BE0797683062
Registered 30-12-2025

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

Register as of 27 October 2026 · Peppol Directory

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

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0797.683.062

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Zaventem · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
6,181 m²
Building footprint
1,585 m²
Building volume
14,715 m³
2 parcels, Flanders · tallest building 12.6 m. Linked by address, not a title deed.
288 companies at this address See who is registered here
1 establishment unit
Establishment
Wholesale trade
since 2024unit no. 2.366.381.811
2 parcels
Flanders 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
23094D0036/00W000 Flanders 5,436 m² 1 · 1,487 m² 12.6 m · 3
23543O0027/00C030 Flanders 745 m² 1 · 98 m² 7.5 m · 1
How the parcels are linked
Good to know
Both parcels match the address exactly.