FMI Constructions
ActiveSummary
FMI Constructions has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €68,360 and a net result of €64,193. Its solvency ranks better than 73% of 11,715 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €68,360
- Profit
- €64,193
Why 98raises riskFounded in 2024lowers riskLiquidity: current ratio 2.90, cash €54,418Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)Equity €68,360 (74.8% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 71, micro): better than 74% on solvency, 82% on liquidity and 88% on profitability.
The bankruptcy probability was computed on 25-10-2026 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
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationAppointment: MINGUET François Pierre Michel…
Financials · financial year 2025, micro format
Turnover and EBIT margin not published: the micro format does not require them.
Peer companies
Historical observationOf 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
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: < 0.1% 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 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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.
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,134 |
| Other operating charges640/8 | €777 |
| Gross operating margin9900 | €91,352 |
| Operating profit (loss)9901 | €89,441 |
| Financial charges65/66B | €221 |
| Recurring financial charges65 | €221 |
| Profit (loss) for the period before taxes9903 | €89,220 |
| Income taxes67/77 | €25,027 |
| Profit (loss) for the period9904 | €64,193 |
| Profit (loss) for the period to be appropriated9905 | €64,193 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €91,442 | |
| Formation expenses20 | €1,790 | |
| Fixed assets21/28 | €22,745 | |
| Tangible fixed assets22/27 | €22,745 | |
| Furniture and vehicles24 | €22,745 | |
| Current assets29/58 | €66,907 | |
| Amounts receivable within one year40/41 | €12,354 | |
| Other amounts receivable41 | €12,354 | |
| Cash at bank and in hand54/58 | €54,418 | |
| Deferred charges and accrued income490/1 | €135 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €91,442 | |
| Equity10/15 | €68,360 | |
| Contributions10/11 | €5,000 | |
| Reserves13 | €63,360 | |
| Distributable reserves133 | €63,360 | |
| Profit (loss) carried forward14 | €0 | |
| Amounts payable17/49 | €23,082 | |
| Amounts payable within one year42/48 | €23,082 | |
| Trade debts44 | €285 | |
| Suppliers440/4 | €285 | |
| Taxes, remuneration and social security45 | €21,964 | |
| Taxes450/3 | €19,464 | |
| Remuneration and social security454/9 | €2,500 | |
| Other amounts payable47/48 | €833 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €64,193 |
| + Depreciation and write-downs630 | €1,134 |
| Operating cash flow (approximation) | €65,327 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | micro format | 23-12-2025 | 2025-00590058 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| MINGUET François Pierre Michel Xavier |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
17-01
Gazette deed
IncorporationAppointment: MINGUET François Pierre Michel Xavier (administrateur non statutaire) · Permanent representative: MINGUET François Pierre Michel Xavier · Founder21 facts ▸
- Incorporation, 12-01-2024
- Founder, MINGUET François Pierre Michel Xavier
- Other provision, 09-01-2024
- Founding capital, €5,000
- Bank account, “société en formation, BE79 0019 6874 4433” (deed in French)
- Other provision, “attestation de dépôt en numéraire, dépôt effectué conformément au Code des sociétés et des associations” (deed in French)
- Other provision, “approximativement, frais de constitution” (deed in French)
- Power of attorney, Renaud CHAUVIN
- General meeting, “assemblée_générale_extraordinaire, actionnaire unique” (deed in French)
- Registered office clause, “4950 Waimes, Rue du Triquet 8” (deed in French)
- Other provision, “site_internet_adresse_électronique” (deed in French)
- Director appointment, MINGUET François Pierre Michel Xavier (administrateur non statutaire)
- +9 further facts in this act
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 25 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 63080G0236/00A000 | Wallonia | 404 m² | 1 · 111 m² | - |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- FMI Constructions
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, sièges administratifs,agences,ateliers,dépôts et succursales,en Belgique et à l'étranger,par simple décision de l'organe…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Personnes physiques ou morales,actionnaires ou non,statutaires ou non, 1” (deed in French)“Décision des actionnaires prise à la majorité des voix, maintenu de plein droit jusqu'à décision nouvelle acceptée par l'administrateur…” (deed in French)“1” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, usufruitier et nu-propriétaire inscrits séparément avec droits respectifs” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Mêmes formalités si non de plein droit, permis dans limites loi et statuts,sans supprimer agrément par stipulation pour autrui sauf tous…” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Actions nouvelles en numéraire offertes par préférence aux existants proportionnellement aux actions détenues, courrier électronique,ou…” (deed in French)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- 2 provisions in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed