FMSD
ActiveSummary
FMSD has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €89,610 and a net result of €85,610. Its solvency ranks better than 55% of 9,624 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
- Equity
- €89,610
- Profit
- €85,610
Why 70raises riskFounded in 2024Liquidity: current ratio 2.50, cash €707Size: total assets €157,848lowers riskSector: Office administrative, office support and other business support activities (NACE 82)Show the evidence
Checked score
About 7 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 82, micro): better than 57% on solvency, 21% on liquidity and 87% on profitability.
The bankruptcy probability was computed on 24-10-2026 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: DESCHACHT Filip Georges Achiel…
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 bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
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 | €13,578 |
| Other operating charges640/8 | €1,703 |
| Gross operating margin9900 | €136,517 |
| Operating profit (loss)9901 | €121,236 |
| Financial income75/76B | €74 |
| Recurring financial income75 | €74 |
| Financial charges65/66B | €1,601 |
| Recurring financial charges65 | €1,601 |
| Profit (loss) for the period before taxes9903 | €119,709 |
| Income taxes67/77 | €34,100 |
| Profit (loss) for the period9904 | €85,610 |
| Profit (loss) for the period to be appropriated9905 | €85,610 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €157,848 | |
| Fixed assets21/28 | €31,429 | |
| Tangible fixed assets22/27 | €31,429 | |
| Plant, machinery and equipment23 | €1,541 | |
| Leasing and similar rights25 | €29,888 | |
| Current assets29/58 | €126,418 | |
| Amounts receivable within one year40/41 | €13,068 | |
| Trade receivables40 | €13,068 | |
| Current investments50/53 | €110,052 | |
| Cash at bank and in hand54/58 | €707 | |
| Deferred charges and accrued income490/1 | €2,592 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €157,848 | |
| Equity10/15 | €89,610 | |
| Contributions10/11 | €4,000 | |
| Reserves13 | €85,610 | |
| Distributable reserves133 | €85,610 | |
| Amounts payable17/49 | €68,238 | |
| Amounts payable after more than one year17 | €17,733 | |
| Financial debts170/4 | €17,733 | |
| Amounts payable within one year42/48 | €50,505 | |
| Current portion of amounts payable after more than one year42 | €8,776 | |
| Trade debts44 | €1,489 | |
| Suppliers440/4 | €1,489 | |
| Taxes, remuneration and social security45 | €40,240 | |
| Taxes450/3 | €40,240 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €85,610 |
| + Depreciation and write-downs630 | €13,578 |
| Operating cash flow (approximation) | €99,187 |
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 |
|---|---|---|---|
| 31-12-2025 | micro format | 22-05-2026 | 2026-00117827 |
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 |
|---|---|
| DESCHACHT Filip Georges Achiel Martha |
|
Owners and capital
Capital and shareholders
- DESCHACHT Filip Georges Achiel Martha 100 shares (100%) · in cash
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 29-08-2024 Incorporation · €4,000 · 100 shares
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
29-08
Gazette deed
IncorporationAppointment: DESCHACHT Filip Georges Achiel Martha (director) · Permanent representative: DESCHACHT Filip Georges Achiel Martha · Founder7 facts ▸
- Incorporation, 26-08-2024
- Founder, DESCHACHT Filip Georges Achiel Martha
- Founding capital, €4,000
- Registered office clause, “1547 Bever,Pontembeek 2B” (deed in Dutch)
- Director appointment, DESCHACHT Filip Georges Achiel Martha (director (not named in the articles))
- Permanent representative, DESCHACHT Filip Georges Achiel Martha (vaste vertegenwoordiger voor uitoefening van bestuursmandaten)
- Pre-incorporation commitments, “takeover, verbintenissen in naam van vennootschap in oprichting” (deed in Dutch)
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.
Recognitions · licences · registrations
Legal Entity Identifier
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 |
|---|---|---|---|---|
| 23009B0389/00D000 | Flanders | 1,329 m² | 1 · 186 m² | 7.3 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het verlenen van bijstand, advies en technische expertise aan bedrijven, privépersonen en instellingen, voornamelijk doch niet uitsluitend…” (deed in Dutch)
17 activities (deed in Dutch)
- Het verlenen van bijstand, advies en technische expertise aan bedrijven, privépersonen en instellingen, voornamelijk doch niet uitsluitend op het vlak van financieel, administratief en personeelsbeheer, organisatiebeheer en -verbetering, IT en bedrijfssystemen, marketing en dit alles in de meest ruime en zonder enige beperking;
- Consultancy;
- Het geven van trainingen en coaching in de meest ruime zin en zonder enige beperking;
- Het aankopen, verkopen, huren, verhuren, leasen, overdragen of ruilen en beheren en leveren van roerende goederen en onroerende goederen die rechtstreeks of onrechtstreeks met voormelde dienstverlening te maken hebben of die nuttig zijn voor de organisatie, begeleiding en reorganisatie van ondernemingen;
- Het voor eigen rekening in België of in het buitenland verwerven, beheren en beleggen van onroerend vermogen en al wat er mee verband houdt zoals het onderhouden, de ontwikkeling, de renovatie, het bouwen en verbouwen, het verhuren en leasen, de huurkoop, de financiële en operationele leasing, sale-and-lease-back, de financiering in het algemeen, evenals het verkavelen, de aankoop en de verkoop van deze goederen;
- Het organiseren en het verwerken voor haar huurders van alle administratie in haar ruimste betekenis, voor zover dit rechtstreeks of onrechtstreeks verband houdt met de activiteiten van haar huurders;
- In het algemeen zal de vennootschap alle commerciële, industriële, financiële, roerende en onroerende handelingen mogen verrichten in rechtstreeks of onrechtstreeks verband met haar voorwerp, die van aard zijn de verwezenlijkingen ervan te vergemakkelijken of uit te breiden en die daartoe noodzakelijk zijn, nuttig of zelfs alleen bevorderend zijn;
- De vennootschap mag daarenboven belangen nemen hetzij door deelneming, inbreng of op elke andere wijze in alle vennootschappen, ondernemingen, beroepsverenigingen;
- Het verwerven, beheren, valoriseren en cederen van alle roerende en onroerende goederen of rechten, onder gelijk welke vorm, zowel in volle eigendom, in naakte eigendom als in vruchtgebruik, zowel in binnen- en buitenland, met uitsluiting van handelingen als vastgoedmakelaar;
- Onroerende goederen verwerven, bouwen, opschikken, uitrusten en opbouwen;
- Haar onroerende goederen vervreemden met het oog op wederbelegging en opbrengst;
- Haar onroerende goederen in hypotheek stellen en al haar goederen in pand stellen en aval verlenen voor alle leningen, kredietopeningen en andere verbintenissen, zowel voor zichzelf als voor alle derden;
- De vennootschap werkt zowel voor eigen rekening als voor rekening van derden, zonder dat de hierboven vermelde opsomming beperkend kan worden opgevat;
- Zij mag rechtstreeks of onrechtstreeks deelnemen in alle ondernemingen die een gelijkaardig voorwerp nastreven of waarvan het voorwerp in nauw verband staat;
- Zij mag tevens de functies van bestuurder of vereffenaar uitoefenen;
- Zij mag zich ook borgstellen en alle persoonlijke of zakelijke waarborgen geven ten voordele van ieder persoon of vennootschap, gebonden of niet;
- Zij mag haar voorwerp verwezenlijken, zowel in België als in het buitenland, op alle wijzen en manieren die zij het best geschikt acht.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- FMSD
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “De algemene vergadering die de bestuurder(s) benoemt, bepaalt hun aantal en de duur van hun opdracht. Bij gebrek aan bepaling van de…”
- Board ruleHow the board is made up, meets and takes decisions.
- “1, algemene vergadering” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- 10 May at 20:00