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 8 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
43 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MICRO - FM from Etterbeek, company number BE0445353229, closed financial year 2025 with a result of € -8,859 after tax. For that financial year MICRO - FM recorded a gross margin of € 13,547 and equity of € 1.7 million. Compared with financial year 2024, the result moved from € 301,930 to € -8,859. 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 27, 2026.
€ 1.7 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -8,859
▼ still € 301,930 profit in 2024
Profit after tax over the fiscal year.
€ 21,630
▼ 95% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.6 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,203
▲ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -10,538 | € -30,823 | € 118 | € 13,547 | ▲ € 13,430 |
| Profit after taxes | € -77,134 | € 29,603 | € 301,930 | € -8,859 | ▼ € 310,789 |
| Equity | € 1,336,746 | € 1,366,349 | € 1,668,279 | € 1,659,420 | ▼ 1% |
| Total debts | € 28,362 | € 604,389 | € 991,443 | € 792,689 | ▼ 20% |
| Cash | € 1,107,750 | € 191,734 | € 443,461 | € 21,630 | ▼ 95% |
| Retained profit | € 1,324,971 | € 1,354,574 | € 1,656,504 | € 1,647,645 | ▼ 1% |
| Balance sheet total | € 1,365,108 | € 1,970,737 | € 2,659,722 | € 2,452,108 | ▼ 8% |
Key figures of MICRO - FM, 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 MICRO - FM?
What happened at MICRO - FM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- MAJA GROUP stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 8,859 (▼ € 310,789 vs 2024). Source: NBB ↗
- MAJA GROUP became a director. NBB
- IPM Group SA stepped down as director. NBB
- IPM Group SA became a director. NBB
- New establishment in Vorst. KBO
- Start of the company according to the CBE. KBO
In short
From € 77,134 loss in 2022 to € 8,859 loss in 2025.
Paid € 1,208 in corporate taxes since 2022.
Best year ever: 2024, with € 301,930 profit.
Management
The stake of IPM Group, MAJA Group comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MICRO - FMThe shares are held by IPM Group (100%) and MAJA Group (100%). It owns 100% of IPM RADIO SA and 100% of FM DEVELOPPEMENT itself.
Directors
According to the 2025 annual accounts
Director · represented by François Le Hodey
Also active at: ASSOCIATION DES GRANDS VOYAGEURS- VERENIGING VOOR GROTE REIZIGERS, FM DEVELOPPEMENT, WantoTravel, CARACTERE, IPM RADIO, LES NEWS 24, Capital-X
since 2026 · until 2031
Director · represented by François le Hodey
Also active at: B en M, ASSOCIATION DES GRANDS VOYAGEURS- VERENIGING VOOR GROTE REIZIGERS, FUN RADIO BELGIQUE, FM DEVELOPPEMENT, WantoTravel, BSCOVERY, IPM RADIO, YAGO +3 more
since 2023 · until 2026
Shareholders
100%
100%
Participations
100%
100%
Establishments
Establishment units
Physical locations of this company
Frankenstraat 79
1040 Etterbeek
Télémachuslaan 33
1190 Vorst
Active since 29 October 1991
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 43 companies are registered at this address.
All companies at this address →IPM Group same network
€ 48.8 million revenue · 2025
IPM Petite Ile
€ 2.9 million revenue · 2025
TRAVEL TEAM CONSULT and REPRESENTATIVE
€ 1 million gross margin · 2025
Axemédia
€ 1.5 million gross margin · 2025
CONCEPT MULTIMEDIA BELGIUM
€ 127,738 gross margin · 2025
+38 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0445.353.229
- VAT number
- BE 0445.353.229
- Registered office
- Frankenstraat 79, 1040 Etterbeek
- Names & denominations
- MICRO - FM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 January 1990
- Peppol
- Active · Active since 3 Dec 2025
- Activities · NACE
Activiteiten van reclamebureaus
Publiciteitsagentschappen