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FMGC

Active
Private limited companyfounded 20241 yr activeTermuninkstraat 3, 7850 Enghien, BelgiumKBO/BCE: BE 1015.911.286
Summary

The annual accounts of FMGC for fiscal year 2024 show a net loss of 294% of total assets. The 2024 annual accounts show equity of €141 and a net result of -€1,859. Its solvency ranks better than 18% of 15369 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2024
Axes
Profitability0
Solvency47
Growth-
Track record67
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
balance sheet total too small for a liquidity verdict.
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Signals

Six 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 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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
Age of the figures
Age of the figures
21 mo
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 15369 sector peers (2024).
NBB · sector comparison
Position among 15369 sector peers
Solvency
better than 18%
← weakest strongest →
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 07-07-2025, 24 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
24 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 24 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

On 5 November 2024, FMGC was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

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

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Financials · fiscal year 2024, micro schema

Equity
€141
Total assets
€633
Net result
-€1,859
Working capital
€141

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

Balance-sheet composition
Equity and liabilities €633
Equity €141
Debt €491
Debt finances 77.7% of the balance-sheet total.
Key figures and ratios
2024 value
Debt ≤ 1 year
€491
Ratios withheld: a balance sheet total of €633 is too small for a meaningful ratio.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 20 lines
Balance sheet Code2024
Assets
Total assets20/58€633
Current assets29/58€633
Amounts receivable within one year40/41€85
Trade receivables40€85
Cash at bank and in hand54/58€547
Equity and liabilities
Total equity and liabilities10/49€633
Equity10/15€141
Contributions10/11€2,000
Profit (loss) carried forward14-€1,859
Amounts payable17/49€491
Amounts payable within one year42/48€491
Other amounts payable47/48€491
Income statement Code2024
Gross operating margin9900-€1,859
Operating profit (loss)9901-€1,859
Financial charges65/66B€0
Recurring financial charges65€0
Profit (loss) for the period before taxes9903-€1,859
Profit (loss) for the period9904-€1,859
Profit (loss) for the period to be appropriated9905-€1,859
Appropriation of the result
Profit (loss) to be appropriated9906-€1,859

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Gross operating margin9900-€1,859
Operating profit (loss)9901-€1,859
Financial charges65/66B€0
Recurring financial charges65€0
Profit (loss) for the period before taxes9903-€1,859
Profit (loss) for the period9904-€1,859
Profit (loss) for the period to be appropriated9905-€1,859
Line2024
Assets
Total assets20/58€633
Current assets29/58€633
Amounts receivable within one year40/41€85
Trade receivables40€85
Cash at bank and in hand54/58€547
Equity and liabilities
Total equity and liabilities10/49€633
Equity10/15€141
Contributions10/11€2,000
Profit (loss) carried forward14-€1,859
Amounts payable17/49€491
Amounts payable within one year42/48€491
Other amounts payable47/48€491
Line2024
Profit (loss) for the period9904-€1,859
Operating cash flow (approximation)-€1,859

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
07-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Enghien · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
9,018 m²
Building footprint
328 m²
Volume, LiDAR
3,029 m³
Parcel 55025D0224/00D000, Wallonia · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
Termuninkstraat 3, 7850 Enghien
Activities of notaries
since 20242.369.550.048
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
55025D0224/00D000 Wallonia 9,018 m² 1 · 328 m² 11.9 m · 3 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.

Similar companies · same sector, comparable size

Of 2,261 companies in sector 69102 we hold annual accounts for 1,755. 13 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
Founded05-11-2024
Fiscal year end31-12
Activities, NACEBEL 2025
69102Activities of notaries
Contact
E-mail frederic.convent@belnot.be

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