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 11 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
F.M. PROJECTS from Schilde, company number BE0451330508, closed financial year 2025 with a result of € -82,009 after tax. For that financial year F.M. PROJECTS recorded a gross margin of € 17,703 and equity of € 5.4 million. Compared with financial year 2024, the result moved from € 285,131 to € -82,009. 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 February 2, 2026.
€ 5.4 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -82,009
▼ still € 285,131 profit in 2024
Profit after tax over the fiscal year.
€ 60,371
▼ 38% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 5.3 million.
People and assets in 2025
€ 1,574
▲ 37% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 9,347
▲ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 184,952
▼ 22% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 147,221 | € 97,486 | € 34,492 | € 17,703 | ▼ 49% |
| Profit after taxes | € -705,629 | € 76,658 | € 285,131 | € -82,009 | ▼ € 367,140 |
| Equity | € 5,100,285 | € 5,176,944 | € 5,462,075 | € 5,380,066 | ▼ 2% |
| Total debts | € 2,066,949 | € 1,979,844 | € 656,564 | € 535,568 | ▼ 18% |
| Cash | € 187,642 | € 189,332 | € 97,053 | € 60,371 | ▼ 38% |
| Land & buildings | € 3,334,945 | € 3,221,856 | € 3,188,066 | € 3,112,951 | ▼ 2% |
| Retained profit | € 5,038,285 | € 5,114,944 | € 5,400,075 | € 5,318,066 | ▼ 2% |
| Balance sheet total | € 7,669,774 | € 7,650,836 | € 6,279,293 | € 5,915,634 | ▼ 6% |
Key figures of F.M. PROJECTS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to F.M. PROJECTS?
What happened at F.M. PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Marie De Backer stepped down as director. NBB
- Freddy Moens stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 82,009 (▼ € 367,140 vs 2024). filed late Source: NBB ↗
- Marie De Backer became a director. NBB
- Freddy Moens became a director. NBB
- New establishment in Schilde. KBO
- Start of the company according to the CBE. KBO
In short
From € 705,629 loss in 2022 to € 82,009 loss in 2025.
Paid € 478,069 in corporate taxes since 2022.
Best year ever: 2024, with € 285,131 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
It owns 100% of Fremasa Holdings Ltd itself.
Directors
According to the 2025 annual accounts
Marie De Backer
Director
since 2023 · until 2028
since 2023 · until 2028
Establishments
Establishment units
Physical locations of this company
Klein Waterstraat 81
2970 Schilde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0451.330.508
- VAT number
- BE 0451.330.508
- Registered office
- Klein Waterstraat 81, 2970 Schilde
- Names & denominations
- F.M. PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 October 1993
- Peppol
- Active · Active since 17 Oct 2024