FMS SERVICES
Open bankruptcySummary
A bankruptcy procedure is open for FMS SERVICES according to publications in the Belgian State Gazette. The 2024 annual accounts show equity of €16k and a net result of €-14k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 03-01-2025, 28 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not filed
2024
28 d early
2023
5 d early
2022
4 d early
2021
28 d early
2020
1 d late
2019
11 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€16k▼ 46.6%
2023 · €30k
2019: €13k
2020: €39k
2021: €49k
2022: €46k
2023: €30k
2019 → 2024
Total assets
€22k▼ 73.8%
2023 · €85k
2019: €840k
2020: €223k
2021: €154k
2022: €101k
2023: €85k
2019 → 2024
Net result
€-14k▲ 10.4%
2023 · €-16k
2019: €-9k
2020: €26k
2021: €10k
2022: €-4k
2023: €-16k
2019 → 2024
Working capital
€15k▼ 45.9%
2023 · €27k
2019: €-11k
2020: €19k
2021: €39k
2022: €40k
2023: €27k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€39k-€49k▲ 25.6%€46k▼ 7.7%€30k▼ 34.2%€16k▼ 46.6%
Operating result€29k-€14k▼ 51.8%€-3k€-16k▼ 448%€-14k▲ 9.3%
Net result€26k-€10k▼ 61.6%€-4k€-16k▼ 309%€-14k▲ 10.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €14k in 2024 against €16k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €22k
Fixed assets
€1k ▼ 53.4%
Current assets
€21k ▼ 74.6%
Equity and liabilities €22k
Equity
€16k ▼ 46.6%
Debt
€6k ▼ 88.8%
Debt's share of the balance-sheet total falls from 64.5% to 27.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-14k▼
2023 · €-13k
Cash flow
€-13k▼
2023 · €-13k
Current ratio
3.38▲
2023 · 1.49
Debt to equity
0.38▼
2023 · 1.82
ROE
-87.4%▼
2023 · -52.0%
ROA
-63.2%▼
2023 · -18.5%
Interest coverage
-56.62▼
2023 · -8.43
Debt ≤ 1 year
€6k▼
2023 · €55k
Income taxes
€0▼
2023 · €1
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 · 2024 against 2023 · 42 lines
Balance sheet
Code20232024
Assets
Total assets20/58€85k€22k▼
Fixed assets21/28€3k€1k▼
Tangible fixed assets22/27€3k€1k▼
Plant, machinery and equipment23€1k-
Furniture and vehicles24€2k€1k▼
Current assets29/58€82k€21k▼
Amounts receivable within one year40/41€81k€20k▼
Trade receivables40€43k€1k▼
Other amounts receivable41€38k€19k▼
Cash at bank and in hand54/58€95€364▲
Deferred charges and accrued income490/1€388€154▼
Equity and liabilities
Total equity and liabilities10/49€85k€22k▼
Equity10/15€30k€16k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k-
Other1319€2k-
Distributable reserves133-€2k
Profit (loss) carried forward14€10k€-4k▼
Amounts payable17/49€55k€6k▼
Amounts payable within one year42/48€55k€6k▼
Financial debts43€438-
Credit institutions430/8€438-
Trade debts44€54k€5k▼
Suppliers440/4€54k€5k▼
Taxes, remuneration and social security45-€0
Taxes450/3-€0
Other amounts payable47/48-€1k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€506▼
Other operating charges640/8€235€2k▲
Gross operating margin9900€-13k€-12k▲
Operating profit (loss)9901€-16k€-14k▲
Financial income75/76B€1k€341▼
Recurring financial income75€1k€341▼
Financial charges65/66B€2k€240▼
Recurring financial charges65€2k€240▼
Profit (loss) for the period before taxes9903€-16k€-14k▲
Income taxes67/77€1€0▼
Profit (loss) for the period9904€-16k€-14k▲
Profit (loss) for the period to be appropriated9905€-16k€-14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€10k€-4k▼
Profit (loss) brought forward from the previous period14P€25k€10k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
22-07
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · FMS SERVICES BV DIAMANT- STRAAT 8/344, 2200 HERENTALS · event 15-07-2025
03-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Liquidity doublescurrent ratio 3.38
Current ratio from 1.49 to 3.38; short-term debt falls from €55k to €6k.
26-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series.
27-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
03-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 1 day late
2020
30-06
Financial
Back to profitnet €26k
Net result €26k after one loss-making year.
20-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
04-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
15-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Herentals · 1 establishment unit since 2017
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.
Diamantstraat (HRT) 82200 HerentalsGround area
1.2 ha
Building footprint
3,044 m²
Volume, LiDAR
52,510 m³
Parcel 13027A0065/00F002, Flanders · tallest building 24.1 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
FMS SERVICES
since 20172.264.599.909
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13027A0065/00F002 | Flanders | 1.2 ha | 1 · 3,044 m² | 24.1 m · 6 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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | KRISTOF BENIJTS BOVENRIJ 76, 2200 HERENTALS- |
15-07-2025 → present |
| Curator | PHILIP SOMERS BOVENRIJ 76,
2200 HERENTALS |
15-07-2025 → present |
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Of 10,671 companies in sector 47811 we hold annual accounts for 5,222. 2,498 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-03-2016
Fiscal year end30-06
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
47812Retail trade
46493Wholesale trade
68203Renting and operating of own or leased non-residential real estate, excluding land
70200Business and other management consultancy
74999Other professional, scientific and technical activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.