Active · per the CBE, 29 October 2026
FGM logo

FGM

BE0436824355

Rechtspersoon Public limited company 1 establishment

FGM is registered with the CBE as active in: Ontwikkeling van residentiële bouwprojecten. Public Limited, started on 15 February 1989, 1 establishment.

Z. 3 Doornveld 165, 1731 Asse e-gts.be

Behind the company: TROISMER BV.

Active for

37 year, 8 months

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 7 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

FGM from Asse, company number BE0436824355, closed financial year 2025 with a result of € -2.5 million after tax. For that financial year FGM recorded a gross margin of € -330,957 and equity of € 9.2 million. Compared with financial year 2024, the result moved from € -1.8 million to € -2.5 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 9, 2026.

What it is worth Healthy

€ 9.2 million

▼ 21% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -2.5 million

▼ 40 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 10,782

▼ 98% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 6.6 million.

People and assets in 2025

Full-time equivalents

1.1

▼ 0.9 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 62,235

▼ 52% vs 2024

€ 56,600 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.

Debts at end 2025

Bank debt

€ 4 million

▲ 8% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 67,000

▼ 8% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Wages and social charges

€ 6,077

▼ 64% vs 2024

Wages, holiday pay and social contributions still to pay. No outstanding taxes.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € -160,542 € -155,505 € -247,155 € -330,957 ▼ € 83,803
Profit after taxes € 8,883,703 € -100,702 € -1,768,312 € -2,480,338 ▼ € 712,026
Equity € 13,499,512 € 13,398,810 € 11,630,498 € 9,150,160 ▼ 21%
Total debts € 8,078,274 € 8,819,722 € 11,906,854 € 14,518,250 ▲ 22%
Cash € 2,293 € 47,124 € 458,465 € 10,782 ▼ 98%
Retained profit € 10,911,859 € 10,811,157 € 9,042,845 € 6,562,507 ▼ 27%
Dividend € 600,000 € 0 € 0 € 0
Bank debt € 2,500,000 € 2,500,000 € 3,680,743 € 3,987,000 ▲ 8%
Balance sheet total € 21,577,786 € 22,218,531 € 23,537,351 € 23,668,410 ▲ 1%
Employees (FTE) 1.3 2 2 1.1 ▼ 0.9

Key figures of FGM, 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 FGM?

What happened at FGM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: loss of € 2.5 million. Source: NBB ↗
  • TROISMER BV became a director. NBB
  • New establishment in Asse. KBO
  • Start of the company according to the CBE. KBO

In short

From € 8.9 million profit in 2022 to € 2.5 million loss in 2025.

Paid € 3 million in corporate taxes since 2022.

Best year ever: 2022, with € 8.9 million profit.

Paid out € 600,000 in dividends to the owners in total.

Management

TROISMER 91.6%

The stake of TROISMER comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

FGM

Behind FGM is TROISMER BV. The shares are held by TROISMER (91.6%).

Directors

According to the 2025 annual accounts

Shareholders

TROISMER

91.6%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Z. 3 Doornveld 165

1731 Asse

2.043.593.525

Doornveld 165

1731 Asse

Active since 1 June 1989

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

Technologies

Font AwesomeGoogle FontsGoogle MapsPlausible

Hosting & Email

Email provider

Self-hosted

Hosting

COMBELL-AS, BE

Website info

HTTPS Ja
Languages FR, NL

Features

Jobs Client portal Contact page

Security

✓ HTTPS
✓ SPF
✗ DMARC

Details

Company number
0436.824.355
VAT number
BE 0436.824.355
Registered office
Z. 3 Doornveld 165, 1731 Asse
Names & denominations
FGM
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
15 February 1989
Peppol
Active · Active since 26 Nov 2025
Contact
e-gts.be
Activities · NACE

Ontwikkeling van residentiële bouwprojecten

Frequently asked questions

What does FGM do?
FGM is registered with the CBE as active in: Ontwikkeling van residentiële bouwprojecten. Public Limited, started on 15 February 1989, 1 establishment.
What is the address of FGM?
The registered office of FGM is located at Z. 3 Doornveld 165, 1731 Asse.
Is FGM still active?
Yes. According to the CBE (29 October 2026) FGM is active, legal situation “Normale toestand”, started on 15 February 1989.
Is FGM registered on Peppol?
Yes, FGM is registered on the Peppol network with ID 0208:0436824355.
What is the enterprise number of FGM?
The enterprise number of FGM is BE0436824355.
When was FGM founded?
FGM was founded on 15 February 1989.