Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 12 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FM from Oudenaarde, company number BE0550681074, closed financial year 2025 with a result of € 4,595 after tax. For that financial year FM recorded a gross margin of € 87,010 and equity of € -73,237. Compared with financial year 2024, the result moved from € -16,031 to € 4,595. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ -73,237
▲ € 8,295 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,595
▲ still € 16,031 loss in 2024
Profit after tax over the fiscal year.
€ 9,052
▲ € 8,965 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 € -91,837.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 73,515
▲ 17% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 5,014
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 494
Loans from banks and other lenders, long and short.
€ 39,663
▲ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,559
▼ 19% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 32,455 | € 76,693 | € 54,683 | € 87,010 | ▲ 59% |
| Profit after taxes | € -43,481 | € -2,833 | € -16,031 | € 4,595 | ▲ € 20,627 |
| Equity | € -62,669 | € -65,501 | € -81,532 | € -73,237 | ▲ € 8,295 |
| Total debts | € 89,003 | € 90,472 | € 101,752 | € 95,448 | ▼ 6% |
| Cash | € 845 | - | € 87 | € 9,052 | ▲ € 8,965 |
| Retained profit | € -77,569 | € -80,401 | € -96,432 | € -91,837 | ▲ € 4,595 |
| Bank debt | € 2,493 | € 2,497 | € 0 | € 494 | |
| Balance sheet total | € 26,334 | € 24,971 | € 20,220 | € 22,211 | ▲ 10% |
Key figures of 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 FM?
What happened at FM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4,595. Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Oudenaarde. KBO
- Fatih Ari became a director. NBB
In short
From € 43,481 loss in 2022 to € 4,595 profit in 2025.
Paid € 12,907 in corporate taxes since 2022.
Best year ever: 2025, with € 4,595 profit.
Management
Behind FM is Fatih Ari.
Directors
According to the 2025 annual accounts
Fatih Ari
Director
since 2014
Establishments
Establishment units
Physical locations of this company
Stationsplein 89/1
9700 Oudenaarde
Stationsplein 89 box 1
9700 Oudenaarde
Active since 15 April 2014
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
Self-hosted
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0550.681.074
- VAT number
- BE 0550.681.074
- Registered office
- Stationsplein 89/1, 9700 Oudenaarde
- Names & denominations
- FM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 April 2014
- Peppol
- Active · Active since 20 Jan 2025
- Contact
- pizzaitalia.be
- Activities · NACE
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