FMI

Active

Private limited companyfounded 200817 yrs activeRue de l'Ancienne Passerelle(SL) 18, 7730 Estaimpuis, BelgiumKBO/BCE: BE 0807.388.606

Summary

FMI has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €97,029 and a net result of €2,377. Equity is growing by ~37.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.9% (low).

Risk analysis Watch Report Compare

FMIActiveChecked score 54/100

Risk analysis Report Compare

Checked score

Score 2025

54 / 100

Fair

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability48▼-10

Solvency38▲+1

Growth78=

Track record100

Bankruptcy probability, 12 months

0.9% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €5,000 at 30 days acceptable

Liquidity short (current ratio 0.09 against 0.04 in 2024; short-term debt: 11.2% and cash: 1% of total assets), and 87% of the assets are financed with debt.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

No NACE activity registered

No NACE activity is registered in the KBO, which is more common among companies that later fail.

KBO · activities

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

13%

Return on assets

0.3%

Age of the figures

9 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 10 filings

Deviation from the deadline

2025

31 d late

2024

50 d early

2023

34 d early

2022

66 d late

2021

31 d late

2020

16 d early

2019

87 d late

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 7 accounts on average 16 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 31 August (4 of the last 5 filed years within 64 days of that day).

Companies Code · seven months

Position in the running window

28-09-2026 today31-12-2026 close31-07-2027 deadline

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 27 October 2008, FMI was incorporated.¹ Total assets went from EUR 275,987 in 2018 to EUR 746,129 in 2025.²

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Equity

€97,029▲ 2.5%

2024 · €94,653

Total assets

€746,129▼ 4.2%

2024 · €778,639

Net result

€2,377▼ 84.2%

2024 · €15,022

Working capital

-€75,830▲ 4.3%

2024 · -€79,209

Trend over the years

Chart Table

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before

favourable unfavourable

Line20212022202320242025

Operating result-€15,129€64,561€60,850▼ 5.7%€36,883▼ 39.4%€19,509▼ 47.1%

Net result-€26,883€48,389€35,067▼ 27.5%€15,022▼ 57.2%€2,377▼ 84.2%

Equity-€3,826€44,563€79,630▲ 78.7%€94,653▲ 18.9%€97,029▲ 2.5%

Total assets€700,288▲ 183%€834,543▲ 19.2%€793,881▼ 4.9%€778,639▼ 1.9%€746,129▼ 4.2%

Debt€704,114▲ 213%€789,980▲ 12.2%€714,250▼ 9.6%€683,986▼ 4.2%€649,100▼ 5.1%

Working capital-€153,860▼ 93.2%-€273,131▼ 77.5%-€250,193▲ 8.4%-€79,209▲ 68.3%-€75,830▲ 4.3%

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

Result per fiscal year

Operating resultNet result

The operating result has fallen three years in a row; 2025 is 47% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €746,129

99.0%

Fixed assets €738,746 ▼ 4.7%

Current assets €7,384 ▲ 107%

Equity and liabilities €746,129

13.0%

87.0%

Equity €97,029 ▲ 2.5%

Debt €649,100 ▼ 5.1%

Debt's share of the balance-sheet total falls from 87.8% to 87.0%. Equity is higher and debt is lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€55,832▼

2024 · €71,045

Cash flow

€38,700▼

2024 · €49,184

Current ratio

0.09▲

2024 · 0.04

Debt to equity

6.69▼

2024 · 7.23

ROE

2.4%▼

2024 · 15.9%

ROA

0.3%▼

2024 · 1.9%

Interest coverage

3.48▼

2024 · 4.38

Debt ≤ 1 year

€83,214▲

2024 · €82,779

Debt > 1 year

€554,328▼

2024 · €601,207

Income taxes

€1,084▼

2024 · €5,627

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 4,105 companies that looked in July 2024 the way this one looks now, 0.9% went bankrupt within 24 months and 98% are still going.

Small
10 to 20 years old
solvency 10 to 30%
a profit under 5% of the balance sheet

0.9% went bankrupt

0.9% stopped otherwise

98% still going

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

For this company itself Checked computes a bankruptcy probability of 0.9% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group	Expected	Actual
1	0.2%	0.2%
2	0.3%	0.4%
3	0.5%	0.5%
4	0.6%	0.7%
5	0.8%	0.9%
6	1.2%	1.3%
7	1.5%	1.7%
8	1.7%	1.7%
9	2.7%	2.8%
10	5.3%	5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 4,105 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

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines

Balance sheet Code20242025

Assets

Total assets20/58€778,639€746,129▼

Fixed assets21/28€775,069€738,746▼

Tangible fixed assets22/27€774,019€737,696▼

Land and buildings22€615,776€598,720▼

Plant, machinery and equipment23€158,243€138,976▼

Financial fixed assets28€1,050€1,050=

Current assets29/58€3,570€7,384▲

Cash at bank and in hand54/58€3,325€7,384▲

Deferred charges and accrued income490/1€245-

Equity and liabilities

Total equity and liabilities10/49€778,639€746,129▼

Equity10/15€94,653€97,029▲

Contributions10/11€18,550€18,550=

Reserves13€1,855€1,855=

Distributable reserves133€1,855€1,855=

Profit (loss) carried forward14€74,248€76,624▲

Amounts payable17/49€683,986€649,100▼

Amounts payable after more than one year17€601,207€554,328▼

Financial debts170/4€490,952€434,073▼

Other amounts payable178/9€110,255€120,255▲

Amounts payable within one year42/48€82,779€83,214▲

Current portion of amounts payable after more than one year42€59,709€75,696▲

Trade debts44€6,344€968▼

Suppliers440/4€6,344€968▼

Taxes, remuneration and social security45€16,726€6,550▼

Taxes450/3€16,726€6,550▼

Accrued charges and deferred income492/3-€11,559

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34,162€36,323▲

Other operating charges640/8€5,665€4,285▼

Gross operating margin9900€76,710€60,116▼

Operating profit (loss)9901€36,883€19,509▼

Financial charges65/66B€16,233€16,048▼

Recurring financial charges65€16,233€16,048▼

Profit (loss) for the period before taxes9903€20,649€3,460▼

Income taxes67/77€5,627€1,084▼

Profit (loss) for the period9904€15,022€2,377▼

Profit (loss) for the period to be appropriated9905€15,022€2,377▼

Appropriation of the result

Profit (loss) to be appropriated9906€74,248€76,624▲

Profit (loss) brought forward from the previous period14P€59,225€74,248▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line	2021	2022	2023	2024	2025	Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€71,287	€24,648	€33,927	€34,162	€36,323	▲ 6.3%
Other operating charges640/8	€2,663	€2,167	€6,463	€5,665	€4,285	▼ 24.4%
Gross operating margin9900	€58,822	€91,376	€101,241	€76,710	€60,116	▼ 21.6%
Operating profit (loss)9901	-€15,129	€64,561	€60,850	€36,883	€19,509	▼ 47.1%
Financial charges65/66B	€11,754	€16,171	€14,684	€16,233	€16,048	▼ 1.1%
Recurring financial charges65	€11,754	€16,171	€14,684	€16,233	€16,048	▼ 1.1%
Profit (loss) for the period before taxes9903	-€26,883	€48,389	€46,166	€20,649	€3,460	▼ 83.2%
Income taxes67/77	-	-	€11,099	€5,627	€1,084	▼ 80.7%
Profit (loss) for the period9904	-€26,883	€48,389	€35,067	€15,022	€2,377	▼ 84.2%
Profit (loss) for the period to be appropriated9905	-€26,883	€48,389	€35,067	€15,022	€2,377	▼ 84.2%

Line	2021	2022	2023	2024	2025	Change
Assets
Total assets20/58	€700,288	€834,543	€793,881	€778,639	€746,129	▼ 4.2%
Fixed assets21/28	€695,782	€826,179	€792,252	€775,069	€738,746	▼ 4.7%
Tangible fixed assets22/27	€694,732	€825,129	€791,202	€774,019	€737,696	▼ 4.7%
Land and buildings22	€666,944	€649,888	€632,832	€615,776	€598,720	▼ 2.8%
Plant, machinery and equipment23	€27,788	€175,241	€158,370	€158,243	€138,976	▼ 12.2%
Financial fixed assets28	€1,050	€1,050	€1,050	€1,050	€1,050	=
Current assets29/58	€4,506	€8,365	€1,629	€3,570	€7,384	▲ 107%
Cash at bank and in hand54/58	€4,309	€7,658	€1,388	€3,325	€7,384	▲ 122%
Deferred charges and accrued income490/1	€197	€706	€241	€245	-	-
Equity and liabilities
Total equity and liabilities10/49	€700,288	€834,543	€793,881	€778,639	€746,129	▼ 4.2%
Equity10/15	-€3,826	€44,563	€79,630	€94,653	€97,029	▲ 2.5%
Contributions10/11	€18,550	€18,550	€18,550	€18,550	€18,550	=
Reserves13	€1,855	€1,855	€1,855	€1,855	€1,855	=
Non-distributable reserves130/1	€1,855	€1,855	-	-	-	-
Reserves not available under the articles1311	€1,855	€1,855	-	-	-	-
Distributable reserves133	-	-	€1,855	€1,855	€1,855	=
Profit (loss) carried forward14	-€24,231	€24,158	€59,225	€74,248	€76,624	▲ 3.2%
Amounts payable17/49	€704,114	€789,980	€714,250	€683,986	€649,100	▼ 5.1%
Amounts payable after more than one year17	€543,686	€508,485	€462,428	€601,207	€554,328	▼ 7.8%
Financial debts170/4	€543,686	€508,485	€462,428	€490,952	€434,073	▼ 11.6%
Other amounts payable178/9	-	-	-	€110,255	€120,255	▲ 9.1%
Amounts payable within one year42/48	€158,365	€281,495	€251,822	€82,779	€83,214	▲ 0.5%
Current portion of amounts payable after more than one year42	€43,158	€44,576	€46,057	€59,709	€75,696	▲ 26.8%
Trade debts44	€3,702	€126,664	€84,412	€6,344	€968	▼ 84.7%
Suppliers440/4	€3,702	€126,664	€84,412	€6,344	€968	▼ 84.7%
Taxes, remuneration and social security45	-	-	€11,099	€16,726	€6,550	▼ 60.8%
Taxes450/3	-	-	€11,099	€16,726	€6,550	▼ 60.8%
Other amounts payable47/48	€111,505	€110,255	€110,255	-	-	-
Accrued charges and deferred income492/3	€2,062	-	-	-	€11,559	-

Line	2021	2022	2023	2024	2025	Change
Profit (loss) for the period9904	-€26,883	€48,389	€35,067	€15,022	€2,377	▼ 84.2%
+ Depreciation and write-downs630	€71,287	€24,648	€33,927	€34,162	€36,323	▲ 6.3%
Operating cash flow (approximation)	€44,404	€73,037	€68,994	€49,184	€38,700	▼ 21.3%
Investment in fixed assets (approximation)	-	-€155,045	€0	-€16,980	€0	▲ 100%
Change in cash	-	€3,349	-€6,271	€1,937	€4,059	▲ 110%

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

Timeline · acts, filings and financial milestones

All 13Financial 3Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

31-08

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 31 days late

2025

11-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

27-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

05-10

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 66 days late

2022

31-12

Financial Back to profitnet €48,389

Net result €48,389 after one loss-making year.

31-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 31 days late

2021

31-12

Financial Weakest financial yearnet -€26,883

Net result drops to -€26,883, the lowest in the series; recovery starts the following year.

15-07

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

31-12

Financial Back to profitnet €4,969

Net result €4,969 after 2 loss-making years.

26-10

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 87 days late

2019

30-08

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 30 days late

2018

21-08

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 21 days late

2017

21-08

NBB filing Annual accounts filed

fiscal year 2016 · micro schema · 21 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

0 of 5 acts read

About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has 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.

Directors · office · real estate

Directors

5 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, Estaimpuis

exact location from the address register On OpenStreetMap

Ground area

216 m²

Parcel 57075B0200/00G000, Wallonia. Linked by address, not a title deed.

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
57075B0200/00G000	Wallonia	216 m²	-	-

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.

Identification & contact

Identification

Legal formPrivate limited company

Founded27-10-2008

Fiscal year end31-12

E-invoicing

Reachable via Peppol

Peppol ID 0208:0807388606

Registered 28-07-2026

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

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