Financials
Financial year 2025
FMVDS from Destelbergen, company number BE0438683488, closed financial year 2025 with a result of € 22,439 after tax. For that financial year FMVDS recorded a gross margin of € 49,491 and equity of € 306,823. Compared with financial year 2024, the result moved from € 13,476 to € 22,439. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 17, 2026.
€ 306,823
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 22,439
▲ 67% vs 2024
Profit after tax over the fiscal year.
€ 51,293
▲ 47% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 294,172.
People and assets in 2025
€ 57
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 40,737
▲ € 32,110 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 33,555
▲ € 26,705 vs 2024
€ 8,676 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 18,119
▲ 193% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,614
▲ € 4,292 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 114,483 | € 66,477 | € 30,581 | € 49,491 | ▲ 62% |
| Profit after taxes | € 68,044 | € 38,600 | € 13,476 | € 22,439 | ▲ 67% |
| Equity | € 244,083 | € 282,682 | € 284,384 | € 306,823 | ▲ 8% |
| Total debts | € 95,028 | € 83,244 | € 65,737 | € 111,152 | ▲ 69% |
| Cash | € 35,164 | € 55,465 | € 34,804 | € 51,293 | ▲ 47% |
| Retained profit | € 231,432 | € 270,032 | € 271,733 | € 294,172 | ▲ 8% |
| Dividend | € 0 | € 0 | € 11,774 | € 0 | ▼ 100% |
| Bank debt | € 16,908 | € 11,911 | € 6,851 | € 33,555 | ▲ € 26,705 |
| Balance sheet total | € 339,110 | € 365,926 | € 350,120 | € 417,975 | ▲ 19% |
Key figures of FMVDS, 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 FMVDS?
What happened at FMVDS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 22,439 (▲ 67% vs 2024). Source: NBB ↗
- Donald Gerard Garrein became a director. NBB
- Michel Garrein became a director. NBB
- Francis Garrein became a director. NBB
- Magda Van Der Straeten became a director. NBB
- New establishment in Destelbergen. KBO
- Start of the company according to the CBE. KBO
In short
From € 68,044 profit in 2022 to € 22,439 profit in 2025.
Paid € 68,433 in corporate taxes since 2022.
Best year ever: 2022, with € 68,044 profit.
Paid out € 11,774 in dividends to the owners in total.
Management
Behind FMVDS are Donald Gerard Garrein, Michel Garrein, Francis Garrein and Magda Van Der Straeten.
Directors
According to the 2025 annual accounts
Donald Gerard Garrein
Director
since 2023
Michel Garrein
Director
since 2018
Francis Garrein
Director
since 2018
Magda Van Der Straeten
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Tramstraat(HEU) 8
9070 Destelbergen
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
one.com Mail
Hosting
ONECOM, DK
Website info
Features
Security
Network
Details
- Company number
- 0438.683.488
- VAT number
- BE 0438.683.488
- Registered office
- Tramstraat(HEU) 8, 9070 Destelbergen
- Names & denominations
- FMVDS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 October 1989
- Peppol
- Active · Active since 13 Aug 2025
- Contact
- fenm-technics.be
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