Higher solvency than 80% of companies in food and beverage service. Sector median 29.7% · 18,509 companies.
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 11,278 companies had the same profile as FMGSE has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
Micro
under 2 years old
solvency 30% or more
a profit of 5% of the balance sheet or more
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
The companies in ten equal groups, from the lowest to the 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
2.9%
3.1%
10
5.6%
6.1%
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 11,278 companies, not a prediction for FMGSE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Registered in the Peppol Directory
Reachable for e-invoices through 0208:1021797505
Incorporation
Founder: Name after signing inVisible after signing in · 100 shares · Appointment: Name hiddenVisible after signing in (director) · published on 03-04-2025 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as FMGSE: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €33,900 and €41,500, founded between 2024 and 2025.
FMGSE has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €24,628 and a net result of €23,628.
Its solvency ranks better than 81% of 18,509 sector peers (NACE 56, financial year 2025).
The company number of FMGSE is 1021.797.505. The VAT number is the same number with BE in front: BE 1021.797.505.
Where is FMGSE based?
The registered office is at Rue Neuve 56, 4650 Herve.Company details
What does FMGSE do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of FMGSE?
FMGSE is a private limited company (BV).
When was FMGSE founded?
FMGSE was founded on 01-04-2025.
Is FMGSE still active?
Yes, FMGSE is an active enterprise in the KBO register.
How many employees does FMGSE have?
FMGSE had an average of 1.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of FMGSE?
The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €53,673 and 72 comparable companies (NACE 56111). It probably lies between €140,000 and €230,000.
Is FMGSE profitable?
In financial year 2025, FMGSE made a profit of €23,628.
Where can I find the annual accounts of FMGSE?
FMGSE filed 1 annual account with the National Bank of Belgium, for financial year 2025.