FMIC
ActiveThe computed 12-month bankruptcy probability of FMIC is 2.6% (moderate). The 2024 annual accounts show equity of €48k and a net result of €5k. Equity is growing by ~14.7% per year across the filed fiscal years. Its solvency ranks better than 27% of 36376 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability49▲+49
Solvency36▲+2
Growth52=
Stability94
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity short (current ratio 0.9 against 1.03 in 2023), and 74.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 2024Solvency, return and age of the figures
Solvency
25.5%
Return on assets
2.5%
Age of the figures
20 mo
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 23-07-2025, 8 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
8 d early
2023
15 d early
2022
34 d early
2021
5 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€48k▲ 10.9%
2023 · €43k
2021: €22k
2022: €56k
2023: €43k
2021 → 2024
Total assets
€186k▲ 1.4%
2023 · €184k
2021: €95k
2022: €165k
2023: €184k
2021 → 2024
Net result
€5k
2023 · €-13k
2021: €17k
2022: €35k
2023: €-13k
2021 → 2024
Working capital
€-8k
2023 · €3k
2021: €22k
2022: €27k
2023: €3k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€22k-€56k▲ 160%€43k▼ 23.7%€48k▲ 10.9%
Operating result€20k-€44k▲ 119%€-11k€6k
Net result€17k-€35k▲ 108%€-13k€5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €6k after a loss of €11k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €186k
Fixed assets
€107k▲ 23.3%
Current assets
€80k▼ 18.0%
Equity and liabilities €186k
Equity
€48k▲ 10.9%
Debt
€139k▼ 1.4%
The debt ratio falls from 76.7% to 74.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€24k▲
2023 · €2k
Cash flow
€22k▲
2023 · €-665
Solvency
25.5%▲
2023 · 23.3%
Current ratio
0.90▼
2023 · 1.03
Quick ratio
0.77▼
2023 · 1.03
Debt / equity
2.92▼
2023 · 3.29
ROE
9.8%▲
2023 · -31.0%
ROA
2.5%▲
2023 · -7.2%
Interest coverage
15.13▲
2023 · 0.59
Debt
€139k▼
2023 · €141k
Debt ≤ 1 year
€88k▼
2023 · €94k
Debt > 1 year
€51k▲
2023 · €47k
Income taxes
€125▲
2023 · €0
Staff costs
€34k▲
2023 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€184k€186k▲
Fixed assets21/28€87k€107k▲
Intangible fixed assets21€792€462▼
Tangible fixed assets22/27€86k€101k▲
Plant, machinery and equipment23€9k€6k▼
Furniture and vehicles24€34k€42k▲
Leasing and similar rights25€19k€18k▼
Other tangible fixed assets26€24k€35k▲
Financial fixed assets28€0€5k▲
Current assets29/58€97k€80k▼
Stocks and contracts in progress3-€12k
Stocks30/36-€12k
Amounts receivable within one year40/41€65k€37k▼
Trade receivables40€61k€31k▼
Other amounts receivable41€4k€6k▲
Cash at bank and in hand54/58€31k€29k▼
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€184k€186k▲
Equity10/15€43k€48k▲
Contributions10/11€5k€5k=
Reserves13€38k€43k▲
Distributable reserves133€38k€43k▲
Amounts payable17/49€141k€139k▼
Amounts payable after more than one year17€47k€51k▲
Financial debts170/4€22k€26k▲
Other amounts payable178/9€25k€25k=
Amounts payable within one year42/48€94k€88k▼
Current portion of amounts payable after more than one year42€6k€9k▲
Trade debts44€33k€48k▲
Suppliers440/4€33k€48k▲
Taxes, remuneration and social security45€13k€6k▼
Taxes450/3€12k€994▼
Remuneration and social security454/9€947€5k▲
Other amounts payable47/48€42k€25k▼
Accrued charges and deferred income492/3€103€0▼
Income statement
Code20232024
Non-recurring operating income76A€3k-
Remuneration, social security and pensions62€6k€34k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€18k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€2k€2k▼
Non-recurring operating charges66A€18k€0▼
Gross operating margin9900€28k€60k▲
Operating profit (loss)9901€-11k€6k▲
Financial income75/76B€544€208▼
Recurring financial income75€544€208▼
Non-recurring financial income76B-€0
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€-13k€5k▲
Income taxes67/77€0€125▲
Profit (loss) for the period9904€-13k€5k▲
Profit (loss) for the period to be appropriated9905€-13k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-13k€5k▲
Transfer from equity791/2€13k€0▼
Transfer to equity691/2€0€5k▲
To other reserves6921€0€5k▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-13k ▼138%
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2021net €35k ▲108%
Operating result €44k, net result €35k, both a record.
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Hoogstraten · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Tinnenpotstraat 192320 HoogstratenGround area
674 m²
Building footprint
158 m²
Volume, LiDAR
631 m³
Parcel 13014B0287/00R000, Flanders · tallest building 5.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
FMIC
since 20212.316.151.647
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13014B0287/00R000 | Flanders | 674 m² | 1 · 157 m² | 5.6 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
DIMITRI VANDERHEERE
BE 0664.737.535
Izegem · Eq €47k
Windowproject
BE 0887.753.403
Frasnes-lez-Anvaing · Eq €48k
Raamwijzer
BE 0629.938.091
Rotselaar · Eq €48k
Plaatsing Pauwels
BE 0839.626.357
Zoersel · Eq €48k
GO Maintenance
BE 0741.783.249
Bertrix · Eq €47k
Of 19,948 companies in sector 43320 we hold annual accounts for 9,082. 7,308 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-04-2021
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.