FOMECO GROUP has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €18.99M and a net result of €2.17M. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 85% of 1201 sector peers (fiscal year 2024). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €18.99M
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 10-04-2025, 112 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
112 d early
2023
2 d early
2022
14 d early
2021
11 d early
2020
9 d early
2019
29 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€2.10M▲ 164%
2023 · €797k
2020: €366k
2021: €725k
2022: €724k
2023: €797k
2020 → 2024
EBIT margin
76.4%▲ 47.8pp
2023 · 28.6%
2020: 52.4%
2021: 23.0%
2022: 26.2%
2023: 28.6%
2020 → 2024
Net result
€2.17M▲ 2,502%
2023 · €83k
2018: €2.17M
2019: €90k
2020: €1.09M
2021: €67k
2022: €78k
2023: €83k
2018 → 2024
Working capital
€-2.73M▼ 11.9%
2023 · €-2.44M
2018: €-5.25M
2019: €-2.15M
2020: €-1.20M
2021: €-1.27M
2022: €-1.22M
2023: €-2.44M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€366k-€725k▲ 98.1%€724k▼ 0.1%€797k▲ 10.0%€2.10M▲ 164%
Equity€16.97M-€16.99M▲ 0.1%€17.04M▲ 0.3%€17.03M▼ 0.1%€18.99M▲ 11.6%
Operating result€192k-€167k▼ 13.1%€189k▲ 13.6%€228k▲ 20.3%€1.61M▲ 605%
Net result€1.09M-€67k▼ 93.8%€78k▲ 16.3%€83k▲ 7.2%€2.17M▲ 2,502%
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 605% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €22.58M
Fixed assets
€22.26M▲ 10.9%
Current assets
€315k▼ 46.0%
Equity and liabilities €22.58M
Equity
€18.99M▲ 11.6%
Provisions
€532k▼ 3.6%
Debt
€3.05M▼ 1.2%
The debt ratio falls from 14.9% to 13.5%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
84.1%▲
2023 · 82.4%
ROE
11.4%▲
2023 · 0.5%
ROA
9.6%▲
2023 · 0.4%
Debt
€3.05M▼
2023 · €3.09M
Debt ≤ 1 year
€3.04M▲
2023 · €3.02M
Debt > 1 year
€8k▼
2023 · €30k
Income taxes
€379k▲
2023 · €33k
Staff costs
€253k▼
2023 · €314k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€20.67M€22.58M▲
Fixed assets21/28€20.09M€22.26M▲
Tangible fixed assets22/27€56k€36k▼
Furniture and vehicles24€56k€36k▼
Other tangible fixed assets26€0-
Financial fixed assets28€20.03M€22.23M▲
Affiliated companies280/1€20.03M€22.23M▲
Participating interests280€20.03M€22.23M▲
Current assets29/58€583k€315k▼
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€89k€103k▲
Trade receivables40€69k€55k▼
Other amounts receivable41€20k€47k▲
Cash at bank and in hand54/58€449k€166k▼
Deferred charges and accrued income490/1€45k€46k▲
Equity and liabilities
Total equity and liabilities10/49€20.67M€22.58M▲
Equity10/15€17.03M€18.99M▲
Contributions10/11€13.33M€13.33M=
Reserves13€3.70M€5.66M▲
Distributable reserves133€3.70M€5.66M▲
Provisions and deferred taxes16€552k€532k▼
Provisions for liabilities and charges160/5€552k€532k▼
Other liabilities and charges164/5€552k€532k▼
Amounts payable17/49€3.09M€3.05M▼
Amounts payable after more than one year17€30k€8k▼
Financial debts170/4€30k€8k▼
Credit institutions173€30k€8k▼
Amounts payable within one year42/48€3.02M€3.04M▲
Current portion of amounts payable after more than one year42€23k€23k=
Trade debts44€28k€42k▲
Suppliers440/4€28k€42k▲
Taxes, remuneration and social security45€80k€47k▼
Taxes450/3€35k€2k▼
Remuneration and social security454/9€45k€45k▼
Other amounts payable47/48€2.89M€2.93M▲
Accrued charges and deferred income492/3€36k€0▼
Income statement
Code20232024
Operating income70/76A€828k€2.13M▲
Turnover70€797k€2.10M▲
Other operating income74€31k€30k▼
Operating charges60/66A€600k€525k▼
Services and other goods61€257k€244k▼
Remuneration, social security and pensions62€314k€253k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€26k▼
Other operating charges640/8€2k€2k▼
Operating profit (loss)9901€228k€1.61M▲
Financial income75/76B€1k€1.05M▲
Recurring financial income75€1k€1.05M▲
Income from financial fixed assets750-€1.04M
Income from current assets751-€7k
Other financial income752/9€1k€2k▲
Financial charges65/66B€113k€112k▼
Recurring financial charges65€113k€112k▼
Debt charges650€113k€112k▼
Other financial charges652/9€91€173▲
Profit (loss) for the period before taxes9903€116k€2.55M▲
Income taxes67/77€33k€379k▲
Taxes670/3€33k€379k▲
Profit (loss) for the period9904€83k€2.17M▲
Profit (loss) for the period to be appropriated9905€83k€2.17M▲
Appropriation of the result
Profit (loss) to be appropriated9906€83k€2.17M▲
Transfer from equity791/2€97k€200k▲
From reserves792€97k€200k▲
Transfer to equity691/2€81k€2.17M▲
To other reserves6921€81k€2.17M▲
Profit to be distributed694/7€100k€203k▲
Return on contributions (dividend)694€97k€200k▲
Other beneficiaries697€2k€3k▲
Social balance
Average headcount (FTE)90872.52.0▼
The notes to these accounts (42 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Weakest financial yearnet €67k ▼93.8%
Net result drops to €67k, the lowest in the series; recovery starts the following year.
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
19-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are 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, Zwevegem · 1 establishment unit since 2009
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Blokellestraat(Z) 1218550 ZwevegemGround area
7,309 m²
Building footprint
4,790 m²
Volume, LiDAR
34,578 m³
2 parcels, Flanders · tallest building 12.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VINCENT BAYART
since 20092.175.517.285
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34042B0377/00K000 | Flanders | 5,073 m² | 1 · 4,439 m² | 12.8 m · 2 fl. |
| 34042B0375/00G000 | Flanders | 2,236 m² | 1 · 350 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Group per the LEI register
1 parent companyParent company:Per Vannesjö Invest AB
Recognitions · licences · registrations
Legal Entity Identifier
699400JY0DQMMU4BAR93
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Of 24,503 companies in sector 82990 we hold annual accounts for 9,402. 728 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-12-2008
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.