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FUTURE MACHINE NETWORK

Active
Private limited companyfounded 20197 yrs activeLeen ten Eken 11, 1745 Opwijk, BelgiumKBO/BCE: BE 0729.873.629
Summary

FUTURE MACHINE NETWORK has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €405,094 and a net result of €94,803. Equity is growing by ~41.7% per year across the filed fiscal years. Its solvency ranks better than 93% of 37948 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability96▼-4
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity ample (current ratio 16.44 against 11.79 in 2023; short-term debt: 6.1% and cash: 95.3% of total assets), and 6.1% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 7 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
93.9%
Return on assets
22%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
not confirmed
2024
34 d early
2023
35 d early
2022
31 d early
2021
31 d early
2020
32 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 33 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

FUTURE MACHINE NETWORK was incorporated on 6 July 2019 as a Private limited company.1 Total assets rose from EUR 87,838 in 2020 to EUR 431,242 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€405,094▲ 30.6%
2023 · €310,291
Total assets
€431,242▲ 27.3%
2023 · €338,791
Net result
€94,803▼ 0.6%
2023 · €95,394
Working capital
€403,618▲ 31.3%
2023 · €307,439
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€47,468-€118,592▲ 150%€98,182▼ 17.2%€121,471▲ 23.7%€117,945▼ 2.9%
Net result€36,646-€92,801▲ 153%€77,450▼ 16.5%€95,394▲ 23.2%€94,803▼ 0.6%
Equity€44,646-€137,447▲ 208%€214,897▲ 56.3%€310,291▲ 44.4%€405,094▲ 30.6%
Total assets€87,838-€198,279▲ 126%€287,513▲ 45.0%€338,791▲ 17.8%€431,242▲ 27.3%
Debt€43,193-€60,832▲ 40.8%€72,616▲ 19.4%€28,500▼ 60.8%€26,148▼ 8.3%
Working capital€41,136-€130,883▲ 218%€211,067▲ 61.3%€307,439▲ 45.7%€403,618▲ 31.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
  • 2021 Total assets +126% on 2020. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
€0€50,000€100,000Operating result 2020: €47,468€47,468Net result 2020: €36,646€36,646Operating result 2021: €118,592€118,592Net result 2021: €92,801€92,801Operating result 2022: €98,182€98,182Net result 2022: €77,450€77,450Operating result 2023: €121,471€121,471Net result 2023: €95,394€95,394Operating result 2024: €117,945€117,945Net result 2024: €94,803€94,80320202021202220232024€0€50,000€100,000Operating result 2022: €98,182€98,200Net result 2022: €77,450€77,500Operating result 2023: €121,471€121,000Net result 2023: €95,394€95,400Operating result 2024: €117,945€118,000Net result 2024: €94,803€94,800202220232024
The operating result falls in 2024; 2024 is 3% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €431,242
Fixed assets €1,476 ▼ 43.4%
Current assets €429,766 ▲ 27.9%
Equity and liabilities €431,242
Equity €405,094 ▲ 30.6%
Debt €26,148 ▼ 8.3%
Debt's share of the balance-sheet total falls from 8.4% to 6.1%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€119,321▼
2023 · €124,099
Cash flow
€96,179▼
2023 · €98,021
Current ratio
16.44▲
2023 · 11.79
Debt to equity
0.06▼
2023 · 0.09
ROE
23.4%▼
2023 · 30.7%
ROA
22.0%▼
2023 · 28.2%
Interest coverage
880.27▲
2023 · 630.17
Debt ≤ 1 year
€26,148▼
2023 · €28,500
Income taxes
€25,653▼
2023 · €25,994
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.5% went bankrupt
3.4% stopped otherwise
95% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 26,964 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 37 lines
Balance sheet Code20232024
Assets
Total assets20/58€338,791€431,242▲
Formation expenses20€243-
Fixed assets21/28€2,609€1,476▼
Tangible fixed assets22/27€2,609€1,476▼
Plant, machinery and equipment23€2,609€1,476▼
Current assets29/58€335,939€429,766▲
Amounts receivable within one year40/41€39,204€17,243▼
Trade receivables40€39,204€17,243▼
Cash at bank and in hand54/58€296,401€410,858▲
Deferred charges and accrued income490/1€334€1,666▲
Equity and liabilities
Total equity and liabilities10/49€338,791€431,242▲
Equity10/15€310,291€405,094▲
Contributions10/11€8,000€8,000=
Profit (loss) carried forward14€302,291€397,094▲
Amounts payable17/49€28,500€26,148▼
Amounts payable within one year42/48€28,500€26,148▼
Current portion of amounts payable after more than one year42€1,649-
Trade debts44€3,434€3,515▲
Suppliers440/4€3,434€3,515▲
Taxes, remuneration and social security45€19,857€19,563▼
Taxes450/3€19,857€19,563▼
Other amounts payable47/48€3,559€3,071▼
Income statement Code20232024
Non-recurring operating income76A-€10,331
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,627€1,376▼
Other operating charges640/8€938€969▲
Gross operating margin9900€125,036€120,290▼
Operating profit (loss)9901€121,471€117,945▼
Financial income75/76B€113€2,646▲
Recurring financial income75€113€2,646▲
Financial charges65/66B€197€136▼
Recurring financial charges65€197€136▼
Profit (loss) for the period before taxes9903€121,388€120,455▼
Income taxes67/77€25,994€25,653▼
Profit (loss) for the period9904€95,394€94,803▼
Profit (loss) for the period to be appropriated9905€95,394€94,803▼
Appropriation of the result
Profit (loss) to be appropriated9906€302,291€397,094▲
Profit (loss) brought forward from the previous period14P€206,897€302,291▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A----€10,331-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,542€7,436€7,630€2,627€1,376▼ 47.6%
Other operating charges640/8-€500€855€938€969▲ 3.4%
Gross operating margin9900€53,964€126,528€106,667€125,036€120,290▼ 3.8%
Operating profit (loss)9901€47,468€118,592€98,182€121,471€117,945▼ 2.9%
Financial income75/76B--€4€113€2,646▲ 2,232%
Recurring financial income75--€4€113€2,646▲ 2,232%
Financial charges65/66B-€399€402€197€136▼ 31.2%
Recurring financial charges65€197€399€402€197€136▼ 31.2%
Profit (loss) for the period before taxes9903€47,271€118,193€97,784€121,388€120,455▼ 0.8%
Income taxes67/77€10,625€25,392€20,334€25,994€25,653▼ 1.3%
Profit (loss) for the period9904€36,646€92,801€77,450€95,394€94,803▼ 0.6%
Profit (loss) for the period to be appropriated9905€36,646€92,801€77,450€95,394€94,803▼ 0.6%
Line20202021202220232024Change
Assets
Total assets20/58€87,838€198,279€287,513€338,791€431,242▲ 27.3%
Formation expenses20€971€728€485€243--
Fixed assets21/28€13,906€12,381€4,994€2,609€1,476▼ 43.4%
Tangible fixed assets22/27€13,906€12,381€4,994€2,609€1,476▼ 43.4%
Plant, machinery and equipment23-€5,107€3,743€2,609€1,476▼ 43.4%
Furniture and vehicles24-€7,274€1,251---
Current assets29/58€72,961€185,169€282,034€335,939€429,766▲ 27.9%
Amounts receivable within one year40/41-€33,881€34,648€39,204€17,243▼ 56.0%
Trade receivables40-€33,880€34,648€39,204€17,243▼ 56.0%
Other amounts receivable41-€1----
Cash at bank and in hand54/58€72,961€151,004€247,066€296,401€410,858▲ 38.6%
Deferred charges and accrued income490/1-€285€320€334€1,666▲ 399%
Equity and liabilities
Total equity and liabilities10/49€87,838€198,279€287,513€338,791€431,242▲ 27.3%
Equity10/15€44,646€137,447€214,897€310,291€405,094▲ 30.6%
Contributions10/11-€8,000€8,000€8,000€8,000=
Profit (loss) carried forward14€36,646€129,447€206,897€302,291€397,094▲ 31.4%
Amounts payable17/49€43,193€60,832€72,616€28,500€26,148▼ 8.3%
Amounts payable after more than one year17€11,367€6,546€1,649---
Financial debts170/4-€6,546€1,649---
Amounts payable within one year42/48€31,825€54,286€70,966€28,500€26,148▼ 8.3%
Current portion of amounts payable after more than one year42-€4,821€4,897€1,649--
Financial debts43-€13€14---
Credit institutions430/8-€13€14---
Trade debts44€1,800€10,833€29,496€3,434€3,515▲ 2.3%
Suppliers440/4-€10,833€29,496€3,434€3,515▲ 2.3%
Taxes, remuneration and social security45-€38,293€36,504€19,857€19,563▼ 1.5%
Taxes450/3-€38,293€36,504€19,857€19,563▼ 1.5%
Other amounts payable47/48-€325€56€3,559€3,071▼ 13.7%
Line20202021202220232024Change
Profit (loss) for the period9904€36,646€92,801€77,450€95,394€94,803▼ 0.6%
+ Depreciation and write-downs630€5,542€7,436€7,630€2,627€1,376▼ 47.6%
Operating cash flow (approximation)€42,187€100,237€85,080€98,021€96,179▼ 1.9%
Investment in fixed assets (approximation)--€5,910-€243-€243-€243=
Change in cash-€78,043€96,062€49,336€114,456▲ 132%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
27-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
26-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Highest result since 2020net €95,394 ▲23.2%
Operating result €121,471, net result €95,394, both a record.
31-12
Financial Liquidity triplescurrent ratio 11.79
Current ratio from 3.97 to 11.79; short-term debt falls from €70,966 to €28,500.
30-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Equity above €200,000Eq €214,897 ▲56.3%
3 profitable years in a row build equity to €214,897.
30-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Equity above €100,000Eq €137,447 ▲208%
2 profitable years in a row build equity to €137,447.
29-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Opwijk · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
548 m²
Building footprint
156 m²
Volume, LiDAR
1,078 m³
Parcel 23060A0466/00T002, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FUTURE MACHINE NETWORK
Leen ten Eken 11, 1745 OpwijkAgents in non-specialised wholesale trade
since 20192.290.997.864
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23060A0466/00T002 Flanders 548 m² 1 · 156 m² 9.9 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Legal Entity Identifier

9845008E4FE7CEEBVC12
live in the LEI register

Similar companies · same sector, comparable size

Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 36,300 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded06-07-2019
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
82990Other business support services
Contact
E-mail jsanders@skynet.be
E-invoicing
Reachable via Peppol
Peppol ID 0208:0729873629
Registered 27-03-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.