FMiD
ActiveSummary
FMiD has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €211,027 and a net result of €147,683. Equity is growing by ~35% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency72▼-28
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17,000 at 30 days acceptable
Liquidity ample (current ratio 1.71 against 3.84 in 2023; short-term debt: 53.4% and cash: 73.9% of total assets), but 53.4% of the assets are financed with debt.
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Signals
Three 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 dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-06-2026, 44 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
44 d early
2024
29 d late
2023
7 d late
2022
39 d early
2021
39 d early
2020
4 d early
2019
29 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 17 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 (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 22 June (4 of the last 5 filed years within 47 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, micro schema
Equity
€211,027▼ 23.1%
2023 · €274,545
Total assets
€452,900▲ 26.2%
2023 · €358,805
Net result
€147,683▲ 17.0%
2023 · €126,202
Working capital
€171,850▼ 28.1%
2023 · €239,016
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€28,443▼ 67.6%€68,610▲ 141%€69,255▲ 0.9%€163,526▲ 136%€196,971▲ 20.5%
Net result€20,057within the sector's middle half▼ 67.9%€46,553within the sector's middle half▲ 132%€55,618within the sector's middle half▲ 19.5%€126,202above the sector's middle half▲ 127%€147,683above the sector's middle half▲ 17.0%
Equity€101,173within the sector's middle half▲ 24.7%€147,726within the sector's middle half▲ 46.0%€203,344within the sector's middle half▲ 37.6%€274,545above the sector's middle half▲ 35.0%€211,027within the sector's middle half▼ 23.1%
Total assets€142,823within the sector's middle half▲ 3.4%€173,627within the sector's middle half▲ 21.6%€225,851within the sector's middle half▲ 30.1%€358,805within the sector's middle half▲ 58.9%€452,900within the sector's middle half▲ 26.2%
Debt€41,650▼ 27.0%€25,901▼ 37.8%€22,508▼ 13.1%€84,260▲ 274%€241,873▲ 187%
Working capital€73,801within the sector's middle half▲ 45.3%€118,810within the sector's middle half▲ 61.0%€181,255above the sector's middle half▲ 52.6%€239,016above the sector's middle half▲ 31.9%€171,850above the sector's middle half▼ 28.1%
Solvency70.8%within the sector's middle half▲ 12.1pp85.1%above the sector's middle half▲ 14.2pp90.0%above the sector's middle half▲ 5.0pp76.5%within the sector's middle half▼ 13.5pp46.6%within the sector's middle half▼ 29.9pp
Current ratio2.92within the sector's middle half▲ 0.785.59above the sector's middle half▲ 2.679.05above the sector's middle half▲ 3.473.84within the sector's middle half▼ 5.221.71within the sector's middle half▼ 2.13
Return on assets (ROA)14.0%within the sector's middle half▼ 31.2pp26.8%above the sector's middle half▲ 12.8pp24.6%within the sector's middle half▼ 2.2pp35.2%above the sector's middle half▲ 10.5pp32.6%above the sector's middle half▼ 2.6pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 20% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €452,900
Fixed assets
€39,177 ▲ 10.3%
Current assets
€413,723 ▲ 28.0%
Equity and liabilities €452,900
Equity
€211,027 ▼ 23.1%
Debt
€241,873 ▲ 187%
Debt's share of the balance-sheet total rises from 23.5% to 53.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€205,282▲
2023 · €171,999
Cash flow
€155,994▲
2023 · €134,675
Debt to equity
1.15▲
2023 · 0.31
ROE
70.0%▲
2023 · 46.0%
Interest coverage
41.59▼
2023 · 3185.17
Debt ≤ 1 year
€241,873▲
2023 · €84,260
Income taxes
€44,352▲
2023 · €37,270
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,781 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
2.7%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,340 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% | 1.0% |
| 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% 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 6,781 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €0 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,296 | €13,458 | €15,365 | €8,473 | €8,311 | ▼ 1.9% |
| Other operating charges640/8 | - | €1,066 | €844 | €1,278 | €1,021 | ▼ 20.1% |
| Gross operating margin9900 | €41,281 | €83,135 | €85,464 | €173,277 | €206,303 | ▲ 19.1% |
| Operating profit (loss)9901 | €28,443 | €68,610 | €69,255 | €163,526 | €196,971 | ▲ 20.5% |
| Financial income75/76B | - | €53 | €248 | €0 | €0 | - |
| Recurring financial income75 | €0 | €53 | €248 | €0 | €0 | - |
| Financial charges65/66B | - | €117 | €60 | €54 | €4,935 | ▲ 9,039% |
| Recurring financial charges65 | €211 | €117 | €60 | €54 | €4,935 | ▲ 9,039% |
| Profit (loss) for the period before taxes9903 | €28,232 | €68,546 | €69,444 | €163,472 | €192,035 | ▲ 17.5% |
| Income taxes67/77 | €8,175 | €21,993 | €13,826 | €37,270 | €44,352 | ▲ 19.0% |
| Profit (loss) for the period9904 | €20,057 | €46,553 | €55,618 | €126,202 | €147,683 | ▲ 17.0% |
| Transfer to tax-exempt reserves689 | - | - | - | €35,000 | €7,100 | ▼ 79.7% |
| Profit (loss) for the period to be appropriated9905 | €20,057 | €46,553 | €55,618 | €91,202 | €140,583 | ▲ 54.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €142,823 | €173,627 | €225,851 | €358,805 | €452,900 | ▲ 26.2% |
| Fixed assets21/28 | €30,499 | €28,916 | €22,089 | €35,529 | €39,177 | ▲ 10.3% |
| Intangible fixed assets21 | - | €2,347 | €1,599 | €851 | €636 | ▼ 25.2% |
| Tangible fixed assets22/27 | €30,499 | €26,569 | €20,490 | €34,678 | €38,541 | ▲ 11.1% |
| Land and buildings22 | - | €11,657 | €9,501 | €13,861 | €11,650 | ▼ 15.9% |
| Plant, machinery and equipment23 | - | €1,135 | €601 | €66 | - | - |
| Furniture and vehicles24 | - | €13,777 | €10,388 | €20,751 | €26,890 | ▲ 29.6% |
| Current assets29/58 | €112,324 | €144,711 | €203,762 | €323,276 | €413,723 | ▲ 28.0% |
| Amounts receivable within one year40/41 | €2,634 | €14,140 | €30,424 | €69,416 | €78,151 | ▲ 12.6% |
| Trade receivables40 | - | €13,213 | €19,144 | €64,845 | €70,817 | ▲ 9.2% |
| Other amounts receivable41 | - | €927 | €11,281 | €4,571 | €7,334 | ▲ 60.4% |
| Cash at bank and in hand54/58 | €95,710 | €116,988 | €172,367 | €251,266 | €334,632 | ▲ 33.2% |
| Deferred charges and accrued income490/1 | - | €13,582 | €971 | €2,594 | €940 | ▼ 63.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €142,823 | €173,627 | €225,851 | €358,805 | €452,900 | ▲ 26.2% |
| Equity10/15 | €101,173 | €147,726 | €203,344 | €274,545 | €211,027 | ▼ 23.1% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €82,573 | €129,126 | €184,744 | €255,945 | €192,427 | ▼ 24.8% |
| Tax-exempt reserves132 | - | €1,123 | €1,123 | €36,123 | €43,223 | ▲ 19.7% |
| Distributable reserves133 | - | €128,003 | €183,621 | €219,822 | €149,204 | ▼ 32.1% |
| Profit (loss) carried forward14 | - | €0 | €0 | €0 | - | - |
| Amounts payable17/49 | €41,650 | €25,901 | €22,508 | €84,260 | €241,873 | ▲ 187% |
| Amounts payable after more than one year17 | €3,127 | €0 | - | - | - | - |
| Financial debts170/4 | - | €0 | - | - | - | - |
| Amounts payable within one year42/48 | €38,523 | €25,901 | €22,508 | €84,260 | €241,873 | ▲ 187% |
| Current portion of amounts payable after more than one year42 | - | €3,127 | €0 | - | - | - |
| Trade debts44 | €1,056 | €5,160 | €13,499 | €25,277 | €6,498 | ▼ 74.3% |
| Suppliers440/4 | - | €5,160 | €13,499 | €25,277 | €6,498 | ▼ 74.3% |
| Taxes, remuneration and social security45 | - | €17,614 | €9,008 | €32,258 | €30,275 | ▼ 6.1% |
| Taxes450/3 | - | €17,614 | €9,008 | €32,258 | €30,275 | ▼ 6.1% |
| Other amounts payable47/48 | - | - | - | €26,725 | €205,100 | ▲ 667% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,057 | €46,553 | €55,618 | €126,202 | €147,683 | ▲ 17.0% |
| + Depreciation and write-downs630 | €12,296 | €13,458 | €15,365 | €8,473 | €8,311 | ▼ 1.9% |
| Operating cash flow (approximation) | €32,353 | €60,011 | €70,983 | €134,675 | €155,994 | ▲ 15.8% |
| Investment in fixed assets (approximation) | - | -€11,876 | -€8,538 | -€21,913 | -€11,959 | ▲ 45.4% |
| Change in cash | - | €21,278 | €55,379 | €78,899 | €83,366 | ▲ 5.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Highest result since 2019net €147,683 ▲17%
Operating result €196,971, net result €147,683, both a record.
07-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 7 days late
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200,000Eq €203,344 ▲37.6%
4 profitable years in a row build equity to €203,344.
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €20,057 ▼67.9%
Net result drops to €20,057, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100,000Eq €101,173 ▲24.7%
2 profitable years in a row build equity to €101,173.
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · 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, Halle · 1 establishment unit since 2018
Ground area
558 m²
Building footprint
110 m²
Volume, LiDAR
478 m³
Parcel 23027D0218/00A003, Flanders · tallest building 6.3 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
FMiD
since 20182.274.407.993
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23027D0218/00A003 | Flanders | 558 m² | 1 · 110 m² | 6.3 m · 1 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.
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Of 82,641 companies in sector 70200 we hold annual accounts for 52,636. 39,657 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
Founded27-02-2018
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
74999Other professional, scientific and technical activities
85510Sports and recreation education
93299Other amusement and recreation activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0691560411
Registered
28-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.