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FOM IMMO

Active
Private limited companyfounded 2024active for 2 yearsDumolinlaan(Kor) 11A, 8500 Kortrijk, BelgiumKBO/BCE: BE 1009.391.007

Financials · financial year 2025, abbreviated format

Annual accounts 2025 filed on 30-06-2026 PDF

Equity
€2.8m
Total assets
€2.8m
Net result
-€61,724
Working capital
€199,971

Turnover and EBIT margin are not published. The abbreviated format does not require them.

Balance-sheet composition
Assets €2.8m
Fixed assets €2.6m
Current assets €200,274
Equity and liabilities €2.8m
Equity €2.8m
Debt €303
Debt's share of the balance-sheet total is 0.0%.
Key figures and ratios
2025 value
EBITDA
-€12,315
Cash flow
-€25,685
Debt to equity
0.00
ROE
-2.2%
ROA
-2.2%
Interest coverage
-0.92
Debt ≤ 1 year
€303
Income taxes
€0
A ratio outside any meaningful range has been withheld (balance sheet total €2.8m, equity €2.8m).

Investments

fixed assets acquired
Item2025
Tangible fixed assets€1.2m
Depreciation and write-downs of the year€36,040

Source: notes to the 2025 annual accounts (statement of fixed assets)

Comparable companies

These companies have the same main activity as FOM IMMO: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €1.4m and €2.8m, founded between 2020 and 2025.

CompanyFoundedTotal assetsEquityGross marginNet resultFTEFinancial year
FOM IMMO Kortrijk2024€2.8m€2.8m-€0.001m-€0.06m02025
MEDIPACK IMMO Wortegem-Petegem2023€2.2m€1.4m-€0.04m-€0.02m02025
LUC IMMO Mouscron2023€2.3m-€0.4m-€0.006m-€0.1m02025
CYL Oudsbergen2025€2.1m€0.04m-€0.01m-€0.05m02025
Dentissimmo Wervik2025€1.4m€0.5m-€0.009m-€0.04m02025
BARVIN Poperinge2024€1.5m€0.6m-€0.002m-€0.01m0.32025
COLVERT & SONS Schaarbeek2020€2.8m€0.05m-€0.006m€0.04m02025

They were chosen from the 6,621 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 480 companies had the same profile as FOM IMMO has now. Two years later, 0.8% had gone bankrupt and 95.8% were still going.

  • Small
  • 2 to 5 years old
  • solvency 30% or more
  • a small loss
0.8% went bankrupt
3.1% stopped otherwise
95.8% was still going

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of FOM IMMO itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 480 companies, not a prediction for FOM IMMO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 36 lines

Source: Annual accounts 2025 (PDF), filed on 30-06-2026.

Balance sheet Code2025
Assets
Total assets20/58€2.8m
Fixed assets21/28€2.6m
Tangible fixed assets22/27€2.6m
Land and buildings22€2.6m
Plant, machinery and equipment23€0.03m
Current assets29/58€0.2m
Amounts receivable within one year40/41€0.01m
Trade receivables40€0
Other amounts receivable41€0.01m
Cash at bank and in hand54/58€0.2m
Equity and liabilities
Total equity and liabilities10/49€2.8m
Equity10/15€2.8m
Contributions10/11€1.6m
Reserves13€1.2m
Tax-exempt reserves132€0.06m
Distributable reserves133€1.1m
Amounts payable17/49€303
Amounts payable within one year42/48€303
Trade debts44€303
Suppliers440/4€303
Accrued charges and deferred income492/3€0
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.04m
Other operating charges640/8€0.01m
Gross operating margin9900-€0.001m
Operating profit (loss)9901-€0.05m
Financial charges65/66B€0.01m
Recurring financial charges65€0.01m
Profit (loss) for the period before taxes9903-€0.06m
Income taxes67/77€0
Profit (loss) for the period9904-€0.06m
Profit (loss) for the period to be appropriated9905-€0.06m
Appropriation of the result
Profit (loss) to be appropriated9906-€0.06m
Transfer from equity791/2€0.06m
Transfer to equity691/2€0
To other reserves6921€0
Social balance sheet
Average headcount (FTE)90870.0

The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36,040
Other operating charges640/8€11,808
Gross operating margin9900-€506
Operating profit (loss)9901-€48,355
Financial charges65/66B€13,370
Recurring financial charges65€13,370
Profit (loss) for the period before taxes9903-€61,724
Income taxes67/77€0
Profit (loss) for the period9904-€61,724
Profit (loss) for the period to be appropriated9905-€61,724
Line2025
Assets
Total assets20/58€2.8m
Fixed assets21/28€2.6m
Tangible fixed assets22/27€2.6m
Land and buildings22€2.6m
Plant, machinery and equipment23€0.03m
Current assets29/58€0.2m
Amounts receivable within one year40/41€0.01m
Trade receivables40€0
Other amounts receivable41€0.01m
Cash at bank and in hand54/58€0.2m
Equity and liabilities
Total equity and liabilities10/49€2.8m
Equity10/15€2.8m
Contributions10/11€1.6m
Reserves13€1.2m
Tax-exempt reserves132€0.06m
Distributable reserves133€1.1m
Amounts payable17/49€303
Amounts payable within one year42/48€303
Trade debts44€303
Suppliers440/4€303
Accrued charges and deferred income492/3€0
Line2025
Profit (loss) for the period9904-€61,724
+ Depreciation and write-downs630€36,040
Operating cash flow (approximation)-€25,685

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 30-06-2026 2026-00225889 PDF

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