Equity
FVMS has made a profit in every financial year since 2010.
In July 2024, 34,721 companies had the same profile as FVMS has now. Each dot stands for 87 companies, two years later.
The method was tested on the 497,762 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 34,721 companies, not a prediction for FVMS. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| FVMS Etterbeek | €437,196 | €189,077 | 74.1% | - |
| Dokter Dominique DELEU Wervik | €459,839 | €182,817 | 85.9% | - |
| Dr. Roelant Jan Edegem | €425,331 | €187,057 | 54.4% | - |
| RADIONC REMOUCHAMPS Floreffe | €472,062 | €200,572 | 92.7% | - |
| Dr. Patrick Impens Ghent | €494,232 | €192,362 | 89.0% | - |
| Dr. Rasquin Yves Bruges | €418,493 | €199,807 | 91.6% | - |
| NJAMBOU MBAKOP Spa | €499,345 | €188,788 | 42.0% | - |
These companies have the same main activity as FVMS: general medical practice (NACE 86210). They are comparable in size and age: total assets between €418,000 and €499,000, founded between 2007 and 2011.
FVMS files the micro format. That format states no turnover. The gross margin rose from €136,280 in 2010 to €189,077 in 2025.
The balance sheet grew most in 2012 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €380,000. Estimated: probably between €290,000 and €480,000.
Higher than 62% of 21,322 companies in 2025.
Higher than 61% of 20,872 companies in 2025.
Higher than 48% of 21,172 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||
20/58 |
437,196 | 495,694 | 471,201 | 542,613 | 652,312 | 699,340 | 739,624 | 764,886 | 823,186 | 859,862 | 910,890 | 994,494 | 1.2m | 1.3m | 212,960 | 296,253 | |
21/28 |
65,563 | 125,684 | 186,315 | 238,051 | 265,126 | 320,131 | 375,728 | 443,825 | 524,422 | 592,519 | 675,548 | 753,480 | 898,022 | 988,534 | 201,951 | 232,686 | |
21 |
- | - | - | - | - | - | - | 12,500 | 37,500 | 62,500 | 87,500 | 112,500 | 137,500 | 162,500 | 187,500 | 212,500 | |
22/27 |
65,493 | 125,615 | 186,246 | 237,981 | 265,057 | 320,062 | 375,659 | 431,255 | 486,852 | 529,949 | 587,978 | 640,911 | 760,453 | 825,964 | 14,381 | 20,117 | |
22 |
52,587 | 105,174 | 157,761 | 210,349 | 262,936 | 315,523 | 368,110 | 420,697 | 473,284 | 525,871 | 578,458 | 631,046 | 744,299 | 801,553 | - | - | |
23 |
- | - | - | - | - | - | - | - | - | - | 160 | 320 | 1,836 | 5,218 | 7,800 | 9,492 | |
24 |
12,561 | 20,033 | 27,506 | 26,083 | 0 | 2,500 | 5,000 | 7,500 | 10,000 | - | 4,773 | 9,545 | 14,318 | 19,193 | 6,581 | 10,625 | |
26 |
345 | 407 | 979 | 1,550 | 2,121 | 2,039 | 2,549 | 3,058 | 3,568 | 4,078 | 4,588 | - | - | - | - | - | |
28 |
69 | 69 | 69 | 69 | 69 | 69 | 69 | 69 | 69 | 69 | 69 | 69 | 69 | 69 | 69 | 69 | |
29/58 |
371,633 | 370,010 | 284,886 | 304,563 | 387,186 | 379,209 | 363,896 | 321,061 | 298,765 | 267,344 | 235,342 | 241,014 | 271,585 | 265,334 | 11,010 | 63,567 | |
40/41 |
137,889 | 170,819 | 90,953 | 81,070 | 118,525 | 189,840 | 251,739 | 201,490 | 169,412 | 110,194 | 39,211 | 543 | - | - | - | - | |
40 |
2,351 | 57,941 | 4,271 | 4,976 | 300 | - | - | 294 | 362 | 96 | 120 | - | - | - | - | - | |
41 |
135,538 | 112,878 | 86,682 | 76,094 | 118,225 | 189,840 | 251,739 | 201,196 | 169,050 | 110,097 | 39,091 | 543 | - | - | - | - | |
50/53 |
103,547 | 108,802 | 108,802 | 96,329 | 91,658 | 35,456 | - | - | - | - | - | - | - | - | - | - | |
54/58 |
125,365 | 80,573 | 67,962 | 100,474 | 138,337 | 80,555 | 21,715 | 14,736 | 5,435 | 20,074 | 38,619 | 57,597 | 60,403 | 24,196 | 11,010 | 63,567 | |
490/1 |
4,832 | 9,815 | 17,169 | 26,689 | 38,665 | 73,358 | 90,442 | 104,836 | 123,917 | 137,076 | 157,512 | 182,874 | 211,181 | 241,138 | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||
10/49 |
437,196 | 495,694 | 471,201 | 542,613 | 652,312 | 699,340 | 739,624 | 764,886 | 823,186 | 859,862 | 910,890 | 994,494 | 1.2m | 1.3m | 212,960 | 296,253 | |
10/15 |
323,754 | 274,476 | 238,604 | 234,746 | 280,293 | 237,027 | 214,433 | 180,505 | 166,037 | 136,459 | 118,355 | 107,718 | 61,351 | 34,758 | 34,298 | 58,098 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
11 |
- | - | - | - | - | 18,600 | - | - | - | - | - | - | - | - | - | - | |
1100/10 |
- | - | - | - | - | 18,600 | - | - | - | - | - | - | - | - | - | - | |
13 |
305,154 | 255,876 | 220,004 | 216,146 | 261,693 | 218,427 | 195,833 | 161,905 | 147,437 | 117,859 | 99,755 | 88,860 | 41,860 | 15,860 | 14,860 | 38,860 | |
130/1 |
- | 0 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
- | 0 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | |
1319 |
- | - | - | - | - | 1,860 | - | - | - | - | - | - | - | - | - | - | |
133 |
305,154 | 255,876 | 218,144 | 214,286 | 259,833 | 216,567 | 193,973 | 160,045 | 145,577 | 115,999 | 97,895 | 87,000 | 40,000 | 14,000 | 13,000 | 37,000 | |
14 |
0 | 0 | 0 | 0 | - | - | - | - | - | - | - | 258 | 891 | 298 | 838 | 638 | |
17/49 |
113,441 | 221,217 | 232,597 | 307,867 | 372,019 | 462,313 | 525,191 | 584,381 | 657,149 | 723,404 | 792,535 | 886,776 | 1.1m | 1.2m | 178,663 | 238,156 | |
17 |
17,344 | 86,721 | 156,097 | 225,474 | 294,850 | 364,227 | 433,604 | 502,980 | 572,357 | 641,733 | 711,110 | 780,486 | 849,863 | 919,239 | - | - | |
170/4 |
17,344 | 86,721 | 156,097 | 225,474 | 294,850 | 364,227 | 433,604 | 502,980 | 572,357 | 641,733 | 711,110 | 780,486 | 849,863 | 919,239 | - | - | |
42/48 |
95,953 | 134,497 | 76,500 | 82,394 | 77,168 | 98,086 | 91,587 | 81,401 | 84,793 | 81,671 | 81,425 | 103,419 | 250,796 | 299,871 | 169,235 | 220,542 | |
42 |
69,377 | 69,377 | 69,377 | 69,377 | 69,377 | 69,377 | 69,377 | 69,377 | 69,377 | 69,377 | 69,377 | 69,377 | 69,377 | 69,377 | - | - | |
44 |
1,175 | 49,764 | 20 | 0 | 3,735 | 4,886 | 4,693 | 4,029 | 3,633 | 4,583 | 5,454 | 4,511 | 1,232 | 4,682 | 4,815 | 4,337 | |
440/4 |
1,175 | 49,764 | 20 | 0 | 3,735 | 4,886 | 4,693 | 4,029 | 3,633 | 4,583 | 5,454 | 4,511 | 1,232 | 4,682 | 4,815 | 4,337 | |
45 |
24,569 | 14,523 | 6,303 | 12,217 | 3,257 | 12,524 | 12,517 | 7,995 | 11,783 | 7,711 | 6,595 | 957 | 14,242 | 874 | 22,873 | 20,446 | |
450/3 |
24,569 | 14,523 | 6,303 | 12,217 | 3,257 | 10,313 | 10,313 | 7,995 | 11,783 | 7,711 | 6,595 | 957 | 14,242 | 874 | 22,873 | 20,446 | |
454/9 |
- | - | - | - | 0 | 2,211 | 2,204 | - | - | - | - | - | - | - | - | - | |
47/48 |
833 | 833 | 800 | 800 | 800 | 11,300 | 5,000 | - | - | - | - | 28,574 | 165,946 | 224,938 | 141,547 | 195,760 | |
492/3 |
144 | - | - | - | - | - | - | - | - | - | - | 2,871 | 7,596 | - | 9,428 | 17,614 | |
| Income statement | |||||||||||||||||
76A |
- | - | - | - | - | - | - | - | - | - | - | 25,184 | - | 1,625 | - | - | |
9900 |
189,077 | 144,620 | 119,735 | 128,925 | 115,684 | 106,751 | 120,690 | 113,128 | 140,517 | 146,832 | 146,703 | 136,698 | 172,440 | 119,660 | 84,068 | 136,280 | |
630 |
60,121 | 60,631 | 60,181 | 55,275 | 55,751 | 55,597 | 68,097 | 80,597 | 80,597 | 83,029 | 83,029 | 74,542 | 90,511 | 90,511 | 32,575 | 48,793 | |
640/8 |
11,931 | 10,017 | 5,403 | 7,315 | 0 | 286 | 1,199 | 5,278 | 4,421 | 4,519 | 4,873 | 4,683 | 4,240 | 5,149 | 784 | 1,382 | |
9901 |
117,024 | 73,972 | 54,152 | 66,335 | 59,933 | 50,869 | 51,394 | 27,253 | 55,499 | 59,284 | 58,801 | 57,473 | 77,688 | 24,000 | 50,709 | 86,105 | |
75/76B |
8,072 | 5,745 | 5,048 | 10,674 | 18,698 | 22,256 | 20,976 | 16,163 | 12,945 | 5,643 | 1,587 | 495 | 177 | 423 | 505 | 5 | |
75 |
8,072 | 5,745 | 5,048 | 10,674 | 18,698 | 22,256 | 20,976 | 16,163 | 12,945 | 5,643 | 1,587 | 495 | 177 | 423 | 505 | 5 | |
65/66B |
5,669 | 7,803 | 10,443 | 13,347 | 17,156 | 25,262 | 19,129 | 21,179 | 23,082 | 27,903 | 26,738 | 32,255 | 39,705 | 24,650 | 11,218 | 29,273 | |
65 |
5,669 | 7,803 | 10,443 | 13,347 | 17,156 | 25,262 | 19,129 | 21,179 | 23,082 | 27,903 | 26,738 | 32,255 | 39,705 | 24,650 | 11,218 | 29,273 | |
9903 |
119,426 | 71,914 | 48,757 | 63,662 | 61,474 | 47,863 | 53,242 | 22,237 | 45,362 | 37,023 | 33,650 | 50,897 | 38,160 | 1,397 | 39,996 | 56,836 | |
67/77 |
35,386 | 20,742 | 14,520 | 18,410 | 17,408 | 13,969 | 14,313 | 7,769 | 15,784 | 18,919 | 23,013 | 4,530 | 11,566 | 937 | 13,796 | 17,338 | |
9904 |
84,039 | 51,173 | 34,237 | 45,253 | 44,067 | 33,893 | 38,929 | 14,468 | 29,579 | 18,104 | 10,636 | 46,367 | 26,594 | 460 | 26,200 | 39,498 | |
9905 |
84,039 | 51,173 | 34,237 | 45,253 | 44,067 | 33,893 | 38,929 | 14,468 | 29,579 | 18,104 | 10,636 | 46,367 | 26,594 | 460 | 26,200 | 39,498 | |
| Appropriation of the result | |||||||||||||||||
9906 |
84,039 | 51,173 | 34,237 | 45,253 | 44,067 | 33,893 | 38,929 | 14,468 | 29,579 | 18,104 | 10,895 | 47,258 | 26,891 | 1,298 | 26,838 | 39,498 | |
791/2 |
34,762 | 15,301 | 30,379 | 90,800 | 800 | 11,300 | - | - | - | - | - | - | - | - | 24,000 | - | |
691/2 |
84,039 | 51,173 | 34,237 | 45,253 | 44,067 | 33,893 | 33,929 | 14,468 | 29,579 | 18,104 | 10,895 | 47,000 | 26,000 | 1,000 | - | 38,860 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,860 | |
6921 |
84,039 | 51,173 | 34,237 | 45,253 | 44,067 | 33,893 | 33,929 | 14,468 | 29,579 | 18,104 | 10,895 | 47,000 | 26,000 | 1,000 | - | 37,000 | |
694/7 |
34,762 | 15,301 | 30,379 | 90,800 | 800 | 11,300 | 5,000 | - | - | - | - | - | - | - | 50,000 | - | |
694 |
34,762 | 15,301 | 30,379 | 90,800 | 800 | 11,300 | - | - | - | - | - | - | - | - | 50,000 | - | |
695 |
- | - | - | - | - | - | 5,000 | - | - | - | - | - | - | - | - | - | |
| Document | |||||||||||||||||
The notes to these accounts have 13 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 13-01-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 13-01-2026 | 2026-00006511 | |
| 30-06-2024 | micro format | 30-01-2025 | 2025-00017998 | |
| 30-06-2023 | micro format | 05-02-2024 | 2024-00025041 | |
| 30-06-2022 | micro format | 30-01-2023 | 2023-00023941 | |
| 30-06-2021 | micro format | 25-01-2022 | 2022-03000361 | |
| 30-06-2020 | micro format | 28-01-2021 | 2021-03300299 | |
| 30-06-2019 | micro format | 05-02-2020 | 2020-04800025 | |
| 30-06-2018 | micro format | 23-01-2019 | 2019-02200140 | |
| 30-06-2017 | micro format | 30-01-2018 | 2018-03200550 | |
| 30-06-2016 | abbreviated format | 12-12-2016 | 2016-69700434 | |
| 30-06-2015 | abbreviated format | 18-01-2016 | 2016-01600539 | |
| 30-06-2014 | abbreviated format | 16-01-2015 | 2015-01400279 | |
| 30-06-2013 | abbreviated format | 28-01-2014 | 2014-01600297 | |
| 30-06-2012 | abbreviated format | 03-01-2013 | 2013-00100115 | |
| 30-06-2011 | abbreviated format | 29-12-2011 | 2011-65400134 | |
| 30-06-2010 | abbreviated format | 17-12-2010 | 2010-63300380 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 177,145 | 134,603 | 114,332 | 121,611 | 115,684 | 106,466 | 119,491 | 107,850 | 136,096 | 142,313 | 141,830 | 132,015 | 168,199 | 114,511 | 83,284 | 134,897 | ||
| 144,161 | 111,804 | 94,418 | 100,528 | 99,818 | 89,490 | 107,025 | 95,065 | 110,175 | 101,133 | 93,666 | 120,909 | 117,105 | 90,972 | 58,775 | 88,290 | ||
| 0 | 0 | 8,445 | 28,200 | 746 | 0 | 0 | 0 | 12,500 | 0 | 5,097 | -70,000 | 0 | 882,670 | 1,840 | 280,629 | ||
| 44,792 | 12,611 | -32,513 | -37,863 | 57,782 | 58,839 | 6,980 | 9,300 | -14,638 | -18,546 | -18,978 | -2,806 | 36,207 | 13,186 | -52,557 | - | ||
| 275,680 | 235,513 | 208,386 | 222,169 | 310,017 | 281,122 | 272,309 | 239,660 | 213,972 | 185,673 | 153,917 | 137,595 | 20,788 | -34,537 | -158,225 | -156,975 | ||
| 74.1% | 55.4% | 50.6% | 43.3% | 43.0% | 33.9% | 29.0% | 23.6% | 20.2% | 15.9% | 13.0% | 10.8% | 5.2% | 2.8% | 16.1% | 19.6% | ||
| 3.87 | 2.75 | 3.72 | 3.70 | 5.02 | 3.87 | 3.97 | 3.94 | 3.52 | 3.27 | 2.89 | 2.33 | 1.08 | 0.88 | 0.07 | 0.29 | ||
| 0.35 | 0.81 | 0.97 | 1.31 | 1.33 | 1.95 | 2.45 | 3.24 | 3.96 | 5.30 | 6.70 | 8.23 | 18.06 | 35.07 | 5.21 | 4.10 | ||
| 26.0% | 18.6% | 14.3% | 19.3% | 15.7% | 14.3% | 18.2% | 8.0% | 17.8% | 13.3% | 9.0% | 43.0% | 43.3% | 1.3% | 76.4% | 68.0% | ||
| 19.2% | 10.3% | 7.3% | 8.3% | 6.8% | 4.8% | 5.3% | 1.9% | 3.6% | 2.1% | 1.2% | 4.7% | 2.3% | 0.0% | 12.3% | 13.3% | ||
| 31.25 | 17.25 | 10.95 | 9.11 | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | - | €8,445 | €28,200 |
| €60,121 | €60,631 | €60,181 | €55,275 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 58% higher than in 2024 and the highest since 2010. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total falls from 44.6% to 25.9%. Equity is higher and debt is lower.
FVMS has no parent and no holdings in its annual accounts. is the only director. FVMS shares no director with another company.
| AGILE TECHNOLOGIES
establishment since 14-01-2019 · founded in 2019 |
total assets €184,561 (2025) 0718.631.032 |
| CORNALYN
registered office since 20-06-2014 · founded in 2014 |
total assets €128,545 (2025) 0553.993.229 |
| FIDEVEREST
registered office since 13-04-2022 · founded in 2022 · negative equity (2025) |
total assets €6,432 (2025) 0784.816.211 |
| Poullet, Arnaud (sole trader)
establishment since 01-07-2026 |
founded in 2026 1039.745.968 |
| Riera Diaz, Diego (sole trader)
establishment since 01-01-2019 |
founded in 2026 0722.787.481 |
| Yerganyan, Yetvart (sole trader)
establishment since 05-10-1973 |
founded in 1973 0868.262.044 |
| Association des copropriétaires de la Résidence Aragon sis à Etterbeek, avenue de Tervueren 99.
registered office since 24-04-1964 |
founded in 1964 0827.524.321 |
Deadline for the 2026 accounts: 31-01-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Tervurenlaan 99 registered office 1040 Etterbeek 86220 Specialist medical practice | 16-09-2009 | 2.181.969.765 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21005A0582/00W000 | 214 m² | 1 · 129 m² | 25.6 m · 8 |
If something looks wrong or is missing, please tell us.