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FVC Management

Active Private limited company (pre-2019)founded 2011active for 15 yearsElisabethlaan 322, 8400 OstendKBO/BCE: BE 0835.130.804

Lifetime

13 annual accounts with figures on one time axis
peak €191,233 (2012)
€56,645▲ 0.8%
lowest -€17,754 (2022)
€30,814▲ 875%
peak €393,978 (2020)
€195,754▲ 18.7%
€209,064▼ 7.9%
Documentsfilings and deeds
30-12-2025152 days late
2024micro format
Result from €3,161 to €30,814Registered office moved within Ostend 14-08Equity from €164,940 to €195,754Cash from €8,262 to €11,021

Key points

from the 2024 annual accounts

Equity

€195,754 from €393,978 in 2020

Equity fell by 50% in 4 years.

Turnover

≈ €120,000 estimated

The micro format states no turnover.

Filings

13 annual accounts 102 days past the deadline
AprilJune31 JulyOctober20152020

2025 accounts not filed: deadline was 31-07-2026.

Checked score

55
Fair
Financially stronger than 41% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: 1.5% to 4.2%

A confirmed filing finding caps the score at 59.

Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 4.8% 01-2025: 4.8%● unchanged vs 12-2024 02-2025: 4.8%● unchanged vs 01-2025 03-2025: 4.8%● unchanged vs 02-2025 04-2025: 4.9%▲ +0.1 percentage points vs 03-2025 05-2025: 4.9%● unchanged vs 04-2025 06-2025: 4.9%● unchanged vs 05-2025 07-2025: 4.9%● unchanged vs 06-2025 08-2025: 4.9%● unchanged vs 07-2025 09-2025: 4.9%● unchanged vs 08-2025 10-2025: 7.0%▲ +2.1 percentage points vs 09-2025highest value 11-2025: 7.0%● unchanged vs 10-2025highest value 12-2025: 6.2%▼ -0.8 percentage points vs 11-2025 01-2026: 1.5%▼ -4.7 percentage points vs 12-2025 02-2026: 1.5%● unchanged vs 01-2026 03-2026: 1.5%● unchanged vs 02-2026 04-2026: 1.6%▲ +0.1 percentage points vs 03-2026 05-2026: 1.5%▼ -0.1 percentage points vs 04-2026 06-2026: 1.5%● unchanged vs 05-2026 07-2026: 1.5%● unchanged vs 06-2026 08-2026: 1.7%▲ +0.2 percentage points vs 07-2026 09-2026: 1.0%▼ -0.7 percentage points vs 08-2026lowest value 10-2026: 1.2%▲ +0.2 percentage points vs 09-2026 11-2026: 1.2%● unchanged vs 10-2026

Financial strength
Strong

73+6equity 48.4% of total assets
28+3short-term debt 51.2% · cash 2.7%
78+8return on assets 7.6%

Score breakdown

raises risk
Capped at 59: a confirmed filing finding
1 financial year not filed after the legal deadline; last filed accounts filed 152 days late; 3 of the last 3 accounts late
Figures for financial year 2024 (filed on 30-12-2025)
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Founded in 2011
Calculation

The band follows from the bankruptcy probability. 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 70, micro). It does better than 45% of them on solvency, 12% on liquidity, 44% on profitability and 66% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2024.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 34,693 companies had the same profile as FVC Management has now. Each dot stands for 87 companies, two years later.

95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

The bankruptcy probability of FVC Management itself is higher: 1.2% within 12 months. It rests on far more data about FVC Management than the profile alone.

Test of the method

The method was tested on the 497,447 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 34,693 companies, not a prediction for FVC Management. 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.

Credit verdict

Credit of up to €10,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance

Liquidity is ample, with a current ratio of 1.82 (1.64 in 2023), above the usual 1.5. Short-term debt is 51.2% and cash 2.7% of total assets. However, 51.6% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises risk
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 152 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Figures for financial year 2024 (filed on 30-12-2025)
NBB · annual accounts
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Founded in 2011
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 102 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline10-11-2026 today
raises risk · 2024 accounts filed 152 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-12-2025, 152 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
152 days late
2023
475 days late
2022
826 days late
2021
1151 days late
2020
66 days late
2019
5 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 446 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

raises risk · Administrative warnings in the KBO publications
The FPS Economy published 1 notice about the company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Strikeout withdrawn

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0835130804
Strikeout withdrawn effective 30-12-2025 · KBO administration
Registered office moved within Ostend New registered office: Elisabethlaan 322 bus 3, 8400 Oostende · Previous registered office: Zeedijk 124 bus 301, 8400 Oostende · Permanent representative: Liesbet Desmedt · General meeting of 20-06-2024 · Gazette deed
Registered office moved within Ostend New registered office: Zeedijk 124 bus 0301, 8400 Oostende · Previous registered office: Onafhankelijkheidstraat 64, 8400 Oostende · Board meeting of 09-04-2021 · Gazette deed
All 25 events

Comparable companies

same main activity, similar in size and age
Company
FVC Management Ostend €404,818 €56,645 48.4% -
MASCA Ostend €451,822 €66,304 97.8% 0
PATMAR Middelkerke €413,987 €57,493 62.0% -
SANDENA Kortrijk €366,026 €59,727 45.1% -
David De Loore Consulting Knokke-Heist €399,211 €49,487 70.5% -
Maxon Beernem €463,930 €62,293 51.9% -
TOCCARO Zwevegem €383,187 €65,368 62.4% -

These companies have the same main activity as FVC Management: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €366,000 and €464,000, founded between 2009 and 2012.

Official details

Source: KBO
Status
Active since 04-04-2011Normal situation
Activity
Business and other management consultancyNACE 70200and 5 others
Establishment unit
2.197.876.2808400 Ostend, since 11-04-2011
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2024

€404,818▲ 3.3%
Filing
Filed on 30-12-2025
Financials

Insights on FVC Management

FVC Management files the micro format. That format states no turnover. The gross margin fell from €191,233 in 2012 to €56,645 in 2024.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about FVC Management

What is the company number of FVC Management?
The company number of FVC Management is 0835.130.804. The VAT number is the same number with BE in front: BE 0835.130.804.
Where is FVC Management based?
The registered office is at Elisabethlaan 322, 8400 Ostend.Company details
What does FVC Management do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of FVC Management?
FVC Management is a private limited company (pre-2019) (BVBA).
When was FVC Management founded?
FVC Management was founded on 04-04-2011.
Is FVC Management still active?
Yes, FVC Management is an active enterprise in the KBO register.
What is the turnover of FVC Management?
The turnover in financial year 2024 is ≈ €120,000. This figure is estimated from the gross margin of €56,645 and 120 comparable companies (NACE 70200). It probably lies between €87,000 and €150,000.Financials
Is FVC Management profitable?
In financial year 2024, FVC Management made a profit of €30,814.
Where can I find the annual accounts of FVC Management?
FVC Management filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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