Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 40 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FM Design from Edegem, company number BE0419612694, closed financial year 2025 with a result of € -15,392 after tax. For that financial year FM Design recorded a gross margin of € 398,933 and equity of € 123,295. Compared with financial year 2024, the result moved from € -28,903 to € -15,392. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 13, 2026.
€ 123,295
▼ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -15,392
▲ 47 % less loss than in 2024
Profit after tax over the fiscal year.
€ 9,997
▼ 61% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -248,705.
People and assets in 2025
€ 387,333
▼ 5% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 8,254
▼ 34% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 128,402
▼ 32% vs 2024
Loans from banks and other lenders, long and short.
€ 88,141
▲ 159% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 32,822
▲ 13% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 393,878 | € 400,792 | € 406,798 | € 398,933 | ▼ 2% |
| Profit after taxes | € -59,767 | € -22,447 | € -28,903 | € -15,392 | ▲ € 13,511 |
| Equity | € 190,037 | € 167,590 | € 138,687 | € 123,295 | ▼ 11% |
| Total debts | € 332,949 | € 289,983 | € 251,987 | € 249,365 | ▼ 1% |
| Cash | € 67,823 | € 62,213 | € 25,877 | € 9,997 | ▼ 61% |
| Land & buildings | € 67,012 | € 62,229 | € 57,446 | € 52,663 | ▼ 8% |
| Retained profit | € -181,963 | € -204,410 | € -233,313 | € -248,705 | ▼ € 15,392 |
| Bank debt | € 173,080 | € 179,063 | € 189,088 | € 128,402 | ▼ 32% |
| Balance sheet total | € 522,986 | € 457,573 | € 390,674 | € 372,660 | ▼ 5% |
| Employees (FTE) | 6.7 | 6 | 6.9 | - |
Key figures of FM Design, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to FM Design?
What happened at FM Design in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 15,392. filed late Source: NBB ↗
- Frank Smolders became a director. NBB
- Fragimar became a director. NBB
- Jan Leurentop became a director. NBB
- New establishment in Edegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 59,767 loss in 2022 to € 15,392 loss in 2025.
Paid € 1,200 in corporate taxes since 2022.
On average € 59,000 of value added per employee in 2024.
Management
Behind FM Design are Frank Smolders, Jan Leurentop and Fragimar. Fragimar is also behind URBAN ESTATES and TOP LOCATIONS.
Directors
According to the 2025 annual accounts
Frank Smolders
Director
since 2022
Jan Leurentop
Managing director
since 2017
since 2022
Establishments
Establishment units
Physical locations of this company
Mechelsesteenweg 50
2650 Edegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0419.612.694
- VAT number
- BE 0419.612.694
- Registered office
- Mechelsesteenweg 50, 2650 Edegem
- Names & denominations
- FM Design
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 August 1979
- Peppol
- Active · Active since 15 Sept 2026
- Contact
- decoratie-service.be
- Activities · NACE
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