FMO
Annual accounts 2025
micro format, filed on 03-07-2026, 28 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €450,000. Estimated: probably between €250,000 and €760,000.
Balance sheet
balance sheet total €26,285 on 31-12-2025in euro
in euro
Position in the sector
-16.4%
Higher than 17% of 22,917 companies in 2025.
0.48
Higher than 12% of 22,047 companies in 2025.
48.3%
Higher than 95% of 22,197 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Staff
€15,040
Staff costs divided by the average number of full-time equivalents.
7 hours per contract
In 2025, 186 short contracts started and 187 ended, on average 7 hours worked per contract. Staff averaged 1.3 full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
26,285 | 29,749 | |
21/28 |
16,146 | 16,631 | |
22/27 |
16,146 | 16,631 | |
23 |
13,253 | 16,631 | |
24 |
2,893 | - | |
29/58 |
10,139 | 13,118 | |
40/41 |
765 | 8,654 | |
40 |
765 | 8,654 | |
54/58 |
6,240 | 4,357 | |
490/1 |
3,134 | 107 | |
| Balance sheet: equity and liabilities | |||
10/49 |
26,285 | 29,749 | |
10/15 |
-4,315 | -17,023 | |
10/11 |
3,600 | 3,600 | |
11 |
- | 3,600 | |
1109/19 |
- | 3,600 | |
13 |
1,398 | 1,398 | |
133 |
1,398 | 1,398 | |
14 |
-9,313 | -22,021 | |
17/49 |
30,600 | 46,772 | |
17 |
9,458 | 11,268 | |
170/4 |
9,458 | 11,268 | |
42/48 |
21,142 | 35,504 | |
42 |
4,910 | 3,284 | |
44 |
2,128 | 3,261 | |
440/4 |
2,128 | 3,261 | |
46 |
1,980 | 1,980 | |
45 |
10,993 | 3,955 | |
450/3 |
8,872 | 3,823 | |
454/9 |
2,121 | 132 | |
47/48 |
1,131 | 23,024 | |
| Income statement | |||
9900 |
48,965 | 30,456 | |
62 |
19,552 | 20,200 | |
630 |
11,900 | 9,729 | |
640/8 |
1,810 | 943 | |
9901 |
15,703 | -416 | |
65/66B |
2,665 | 92 | |
65 |
2,665 | 92 | |
9903 |
13,038 | -508 | |
67/77 |
330 | 143 | |
9904 |
12,708 | -651 | |
9905 |
12,708 | -651 | |
| Appropriation of the result | |||
9906 |
-9,313 | -22,021 | |
14P |
-22,021 | -21,370 | |
| Social balance sheet | |||
9087 |
1.3 | 0.8 | |
Hours worked1013 |
1,281 | 1,405 | |
| Document | |||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 03-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 27,603 | 9,313 | ||
| 24,608 | 9,078 | ||
| 11,415 | 7,740 | ||
| 1,883 | - | ||
| -11,003 | -22,386 | ||
| -16.4% | -57.2% | ||
| 0.48 | 0.37 | ||
| 48.3% | -2.2% | ||
| 10.36 | over 100 |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 |
|---|---|---|
| Employees at the balance-sheet date | - | 1 |
| part-time | - | 1 |
| in full-time equivalents | - | 0.1 |
| 0.7 | 0.8 | |
| Joined | 186 | 201 |
| Left | 187 | 200 |
Source: social balance sheet in the 2024 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €11,415 | €7,740 |
| €11,900 | €9,729 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on FMO
The operating result for 2025 is a profit of €15,703, after a loss of €416 in 2024.
Equity is negative. Debt (€30,600) exceeds the balance-sheet total (€26,285).