FMKF
ActiveSummary
FMKF has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €268k and a net result of €-3k. Equity is shrinking by ~4.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability67▼-3
Solvency100▲+79
Growth52▲+20
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
short-term debt: 0% and cash: 1.8% of total assets, and 0% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
35 d early
2024
42 d early
2023
47 d early
2022
76 d early
2021
48 d early
2020
57 d early
2019
58 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · 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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€268k
2024 · €-12k
2018: €-8k
2019: €-6k▲ +25.7% vs 2018
2020: €-12k▼ -84.7% vs 2019
2021: €-10k▲ +11.7% vs 2020
2022: €-10k▼ -1.0% vs 2021
2023: €-15k▼ -43.6% vs 2022lowest in 8 years
2024: €-12k▲ +16.2% vs 2023
2025: €268k▲ +2266% vs 2024highest in 8 years
2018 → 2025
Total assets
€268k▼ 4.1%
2024 · €279k
2018: €358khighest in 8 years
2019: €347k▼ -3.1% vs 2018
2020: €330k▼ -5.0% vs 2019
2021: €319k▼ -3.5% vs 2020
2022: €307k▼ -3.8% vs 2021
2023: €289k▼ -5.8% vs 2022
2024: €279k▼ -3.3% vs 2023
2025: €268k▼ -4.1% vs 2024lowest in 8 years
2018 → 2025
Net result
€-3k
2024 · €2k
2018: €4khighest in 8 years
2019: €2k▼ -51.5% vs 2018
2020: €-5k▼ -345% vs 2019lowest in 8 years
2021: €1k▲ +126% vs 2020
2022: €-107▼ -108% vs 2021
2023: €-4k▼ -4095% vs 2022
2024: €2k▲ +153% vs 2023
2025: €-3k▼ -239% vs 2024
2018 → 2025
Working capital
€7k
2024 · €-284k
2018: €-333klowest in 8 years
2019: €-321k▲ +3.6% vs 2018
2020: €-317k▲ +1.5% vs 2019
2021: €-305k▲ +3.6% vs 2020
2022: €-295k▲ +3.2% vs 2021
2023: €-297k▼ -0.5% vs 2022
2024: €-284k▲ +4.4% vs 2023
2025: €7k▲ +102% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-10k-€-10k▼ 1.0%€-15k▼ 43.6%€-12k▲ 16.2%€268k
2021: €-10k
2022: €-10k▼ -1.0% vs 2021
2023: €-15k▼ -43.6% vs 2022lowest in 5 years
2024: €-12k▲ +16.2% vs 2023
2025: €268k▲ +2266% vs 2024highest in 5 years
Operating result€1k-€47▼ 96.9%€-4k€3k€-3k
2021: €1k
2022: €47▼ -96.9% vs 2021
2023: €-4k▼ -9428% vs 2022lowest in 5 years
2024: €3k▲ +159% vs 2023highest in 5 years
2025: €-3k▼ -224% vs 2024
Net result€1k-€-107€-4k▼ 4,095%€2k€-3k
2021: €1k
2022: €-107▼ -108% vs 2021
2023: €-4k▼ -4095% vs 2022lowest in 5 years
2024: €2k▲ +153% vs 2023highest in 5 years
2025: €-3k▼ -239% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €3k after €3k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €268k
Fixed assets
€261k ▼ 3.9%
Current assets
€7k ▼ 10.3%
Key figures and ratios
EBITDA
€7k▼
2024 · €13k
Cash flow
€7k▼
2024 · €13k
Solvency
100.0%▲
2024 · -4.4%
Debt to equity
0.00▲
2024 · -23.58
ROE
-1.2%
ROA
-1.2%▼
2024 · 0.9%
Interest coverage
44.38▼
2024 · 85.38
Debt
€0▼
2024 · €292k
Debt ≤ 1 year
€0▼
2024 · €292k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 28 lines
Balance sheet
Code20242025
Assets
Total assets20/58€279k€268k▼
Fixed assets21/28€271k€261k▼
Tangible fixed assets22/27€271k€261k▼
Land and buildings22€271k€261k▼
Current assets29/58€8k€7k▼
Amounts receivable within one year40/41-€2k
Other amounts receivable41-€2k
Cash at bank and in hand54/58€8k€5k▼
Equity and liabilities
Total equity and liabilities10/49€279k€268k▼
Equity10/15€-12k€268k▲
Contributions10/11€6k€290k▲
Profit (loss) carried forward14€-19k€-22k▼
Amounts payable17/49€292k€0▼
Amounts payable within one year42/48€292k€0▼
Trade debts44€0-
Suppliers440/4€0-
Other amounts payable47/48€292k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k=
Other operating charges640/8€2k€0▼
Gross operating margin9900€15k€7k▼
Operating profit (loss)9901€3k€-3k▼
Financial charges65/66B€153€166▲
Recurring financial charges65€153€166▲
Profit (loss) for the period before taxes9903€2k€-3k▼
Profit (loss) for the period9904€2k€-3k▼
Profit (loss) for the period to be appropriated9905€2k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-19k€-22k▼
Profit (loss) brought forward from the previous period14P€-21k€-19k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10k | €10k | €10k | €11k | €11k | = |
| Other operating charges640/8 | €1k | €1k | €2k | €2k | €0 | ▼ 100% |
| Gross operating margin9900 | €13k | €11k | €8k | €15k | €7k | ▼ 50.1% |
| Operating profit (loss)9901 | €1k | €47 | €-4k | €3k | €-3k | ▼ 224% |
| Financial charges65/66B | €141 | €153 | €141 | €153 | €166 | ▲ 8.3% |
| Recurring financial charges65 | €141 | €153 | €141 | €153 | €166 | ▲ 8.3% |
| Profit (loss) for the period before taxes9903 | €1k | €-107 | €-4k | €2k | €-3k | ▼ 239% |
| Profit (loss) for the period9904 | €1k | €-107 | €-4k | €2k | €-3k | ▼ 239% |
| Profit (loss) for the period to be appropriated9905 | €1k | €-107 | €-4k | €2k | €-3k | ▼ 239% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €319k | €307k | €289k | €279k | €268k | ▼ 4.1% |
| Fixed assets21/28 | €296k | €286k | €282k | €271k | €261k | ▼ 3.9% |
| Tangible fixed assets22/27 | €296k | €286k | €282k | €271k | €261k | ▼ 3.9% |
| Land and buildings22 | €296k | €286k | €282k | €271k | €261k | ▼ 3.9% |
| Current assets29/58 | €22k | €20k | €7k | €8k | €7k | ▼ 10.3% |
| Amounts receivable within one year40/41 | - | - | - | - | €2k | - |
| Other amounts receivable41 | - | - | - | - | €2k | - |
| Cash at bank and in hand54/58 | €22k | €20k | €7k | €8k | €5k | ▼ 36.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €319k | €307k | €289k | €279k | €268k | ▼ 4.1% |
| Equity10/15 | €-10k | €-10k | €-15k | €-12k | €268k | ▲ 2,266% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €290k | ▲ 4,573% |
| Profit (loss) carried forward14 | €-16k | €-16k | €-21k | €-19k | €-22k | ▼ 18.0% |
| Amounts payable17/49 | €329k | €317k | €304k | €292k | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €327k | €316k | €304k | €292k | €0 | ▼ 100% |
| Trade debts44 | - | €112 | €112 | €0 | - | - |
| Suppliers440/4 | - | €112 | €112 | €0 | - | - |
| Other amounts payable47/48 | €327k | €315k | €303k | €292k | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | €1k | €1k | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1k | €-107 | €-4k | €2k | €-3k | ▼ 239% |
| + Depreciation and write-downs630 | €10k | €10k | €10k | €11k | €11k | = |
| Operating cash flow (approximation) | €11k | €10k | €6k | €13k | €7k | ▼ 44.3% |
| Investment in fixed assets (approximation) | - | €0 | €-6k | €0 | €0 | - |
| Change in cash | - | €-2k | €-13k | €935 | €-3k | ▼ 399% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €200kEq €268k
Equity rises from €-12k to €268k.
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
16-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
04-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-5k
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
03-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
15-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Damme · 1 establishment unit since 2007
Ground area
2,329 m²
Building footprint
439 m²
Volume, LiDAR
2,763 m³
2 parcels, Flanders · tallest building 11.9 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
FMKF
since 20072.167.037.804
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31026C0796/00H009 | Flanders | 1,555 m² | 1 · 304 m² | 11.9 m · 2 fl. |
| 31433D0288/00K000 | Flanders | 774 m² | 1 · 136 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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
Founded16-11-2007
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.