Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 64 % of short-term debt in 2023; threshold 65 %.
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Late annual account NBB
Fiscal year 2023 was filed 225 days after the legal deadline.
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Annual account missing NBB
Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
Financials
Financial year 2023
F.B.M. - BELGIQUE from Brussel, company number BE0436002132, closed financial year 2023 with a result of € 1 million after tax. For that financial year F.B.M. - BELGIQUE recorded a gross margin of € 3.9 million and equity of € 993,545. Compared with financial year 2022, the result moved from € 1.2 million to € 1 million. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on March 13, 2025.
€ 993,545
▼ 49% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1 million
▼ 11% vs 2022
Profit after tax over the fiscal year.
€ 1 million
▼ 51% vs 2022
Cash and bank balances on the last day of the fiscal year.
€ 2 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2023
28.9
▲ 0.9 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 1.9 million
▲ 44% vs 2022
€ 66,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 78,657
▼ 13% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 902,961
▼ 50% vs 2022
€ 545 is repaid this year. At this pace the long-term loan is gone in ≈ 1657 years.
€ 313,151
▼ 87% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 1.3 million
▲ 221% vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 1,231,638 | € 3,623,615 | € 3,913,238 | ▲ 8% |
| Profit after taxes | € -273,172 | € 1,178,382 | € 1,049,446 | ▼ 11% |
| Equity | € 765,718 | € 1,944,099 | € 993,545 | ▼ 49% |
| Total debts | € 4,869,258 | € 4,755,218 | € 4,619,012 | ▼ 3% |
| Cash | € 1,568,973 | € 2,120,647 | € 1,031,605 | ▼ 51% |
| Land & buildings | € 2,897,201 | € 2,674,939 | € 2,473,743 | ▼ 8% |
| Retained profit | € 658,718 | € 1,837,099 | € 886,545 | ▼ 52% |
| Dividend | € 0 | € 0 | € 2,000,000 | |
| Bank debt | € 2,726,756 | € 1,809,852 | € 902,961 | ▼ 50% |
| Balance sheet total | € 5,796,975 | € 6,699,317 | € 5,612,557 | ▼ 16% |
| Employees (FTE) | 22.8 | 28 | 28.9 | ▲ 0.9 |
Key figures of F.B.M. - BELGIQUE, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to F.B.M. - BELGIQUE?
What happened at F.B.M. - BELGIQUE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Priscilla HENAULT stepped down as director. NBB
- Frédéric CARRE stepped down as director. NBB
- Ngok Wai LEE stepped down as director. NBB
- New annual accounts for financial year 2023: profit of € 1 million (▼ 11% vs 2022). filed late Source: NBB ↗
- Priscilla HENAULT became a director. NBB
- Frédéric CARRE became a director. NBB
- Ngok Wai LEE became a director. NBB
- New establishment in Brussel. KBO
In short
From € 273,172 loss in 2021 to € 1 million profit in 2023.
Paid € 561,295 in corporate taxes since 2021.
Best year ever: 2022, with € 1.2 million profit.
On average € 135,400 of value added per employee in 2023.
Management
Directors
According to the 2023 annual accounts
Priscilla HENAULT
Director
since 2022 · until 2027
since 2021 · until 2027
Ngok Wai LEE
Chairman of the board
since 2018 · until 2027
Establishments
Establishment units
Physical locations of this company
Brandhoutkaai 51
1000 Brussel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0436.002.132
- VAT number
- BE 0436.002.132
- Registered office
- Brandhoutkaai 51, 1000 Brussel
- Names & denominations
- F.B.M. - BELGIQUE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 November 1988
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
Hotels en dergelijke accommodatie
Hotels en motels, zonder restaurant