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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Two loss years in a row NBB
Negative result in 2025 and 2026.
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Tight liquidity NBB
Cash and receivables cover 55 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
FM AUTOMATION from Pittem, company number BE0480016475, closed financial year 2026 with a result of € -43,754 after tax. For that financial year FM AUTOMATION recorded a gross margin of € -35,935 and equity of € 571,591. Compared with financial year 2025, the result moved from € -62,695 to € -43,754. 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 October 12, 2026.
€ 571,591
▼ 7% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -43,754
▲ 30 % less loss than in 2025
Profit after tax over the fiscal year.
€ 15,782
▼ 31% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 174,735.
People and assets in 2026
€ 38,784
▲ € 29,598 vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 379,298
▼ 3% vs 2025
€ 10,387 is repaid this year. At this pace the long-term loan is gone in ≈ 37 years.
€ 6,559
▲ 83% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 150
▼ 89% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 71,883 | € -23,429 | € -24,416 | € -35,935 | ▼ € 11,519 |
| Profit after taxes | € -7,763 | € -74,488 | € -62,695 | € -43,754 | ▲ € 18,942 |
| Equity | € 752,528 | € 678,040 | € 615,345 | € 571,591 | ▼ 7% |
| Total debts | € 512,969 | € 469,839 | € 465,930 | € 444,407 | ▼ 5% |
| Cash | € 242,609 | € 25,138 | € 22,761 | € 15,782 | ▼ 31% |
| Land & buildings | € 850,680 | € 811,128 | € 786,171 | € 745,318 | ▼ 5% |
| Retained profit | € 355,672 | € 281,184 | € 218,489 | € 174,735 | ▼ 20% |
| Bank debt | € 436,266 | € 399,196 | € 389,390 | € 379,298 | ▼ 3% |
| Balance sheet total | € 1,265,497 | € 1,147,879 | € 1,081,275 | € 1,015,998 | ▼ 6% |
Key figures of FM AUTOMATION, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to FM AUTOMATION?
What happened at FM AUTOMATION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 43,754. Source: NBB ↗
- Filip Martens became a director. NBB
- Roos Denise Marreel became a director. NBB
- New establishment in Pittem. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,763 loss in 2023 to € 43,754 loss in 2026.
Paid € 888 in corporate taxes since 2023.
Management
Behind FM AUTOMATION are Filip Martens and Roos Denise Marreel. Filip Martens is also behind VYTREE, ATREE and BTREE.
Establishments
Establishment units
Physical locations of this company
Muizebeekstraat 19
8740 Pittem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0480.016.475
- VAT number
- BE 0480.016.475
- Registered office
- Muizebeekstraat 19, 8740 Pittem
- Names & denominations
- FM AUTOMATION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 April 2003
- Peppol
- Active · Active since 8 Sept 2025
- Activities · NACE
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Vervaardiging van metalen constructiewerken en onderdelen daarvan
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Managementactiviteiten van holdings
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