What does F.V. MGT do?

F.V. MGT is registered with the CBE as active in: Activiteiten van holdings. Private Limited, started on 15 July 2010, 1 establishment.

What is the address of F.V. MGT?

The registered office of F.V. MGT is located at Katteboomstraat 80, 8870 Izegem.

Is F.V. MGT still active?

Yes. According to the CBE (29 October 2026) F.V. MGT is active, legal situation “Normale toestand”, started on 15 July 2010.

Is F.V. MGT registered on Peppol?

Yes, F.V. MGT is registered on the Peppol network with ID 0208:0828168380.

What is the enterprise number of F.V. MGT?

The enterprise number of F.V. MGT is BE0828168380.

When was F.V. MGT founded?

F.V. MGT was founded on 15 July 2010.

Who are the directors of F.V. MGT?

According to the 2025 annual accounts, the directors of F.V. MGT are: Frederick Verhelst.

Is F.V. MGT a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 15 July 2010; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did F.V. MGT make in 2025?

F.V. MGT recorded a loss after taxes of € 3,662,681 in financial year 2025.

What is the revenue of F.V. MGT?

As a small company, F.V. MGT is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 649,281.

How much does an employee at F.V. MGT earn?

The average wage cost per full-time employee at F.V. MGT was € 63,900 in 2024: staff costs of € 63,883 for 1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does F.V. MGT have?

According to the 2025 annual accounts, F.V. MGT has 0.7 full-time equivalents (FTE).

F.V. MGT (Private Limited) - Izegem - BE0828168380

Dossier F.V. MGT, printed on 29 October 2026 from databakkes.be/en/0828168380/f-v-mgt. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Shrinking team NBB

FTE fell two years in a row, from 2 to 0.7.

Financials

Financial year 2025

F.V. MGT from Izegem, company number BE0828168380, closed financial year 2025 with a result of € -3.7 million after tax. For that financial year F.V. MGT recorded a gross margin of € 649,281 and equity of € 7.9 million. Compared with financial year 2024, the result moved from € 5,132 to € -3.7 million. 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 September 30, 2025.

What it is worth Healthy

€ 7.9 million

▼ 32% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -3.7 million

▼ still € 5,132 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 554,051

▲ € 545,023 vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 7.8 million.

People and assets in 2025

Full-time equivalents

0.7

▼ 0.3 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 33,016

▼ 48% 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.

Vehicles and equipment

€ 16,149

▼ 21% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 10 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 4.6 million

▼ 18% vs 2024

€ 455,175 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.

Owed to suppliers

€ 64,293

▲ 186% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 14,050

▼ 62% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 608,126 Revenue 2022: € 608,126 First fiscal year in the series	-	-	-
Gross margin	-	€ 492,507 Gross margin 2023: € 492,507 First fiscal year in the series	€ 504,493 Gross margin 2024: € 504,493 ▲ 2% vs 2023 (€ 492,507) Favourable step	€ 649,281 Gross margin 2025: € 649,281 ▲ 29% vs 2024 (€ 504,493) Favourable step	▲ 29%
Profit after taxes	€ 10,671,592 Profit after taxes 2022: € 10,671,592 First fiscal year in the series	€ 462 Profit after taxes 2023: € 462 ▼ € 10.7 million vs 2022 (€ 10,671,592) Unfavourable step	€ 5,132 Profit after taxes 2024: € 5,132 ▲ € 4,670 vs 2023 (€ 462) Favourable step	€ -3,662,681 Profit after taxes 2025: € -3,662,681 ▼ € 3.7 million vs 2024 (€ 5,132) Unfavourable step	▼ € 3.7 million
Equity	€ 12,063,024 Equity 2022: € 12,063,024 First fiscal year in the series	€ 12,063,485 Equity 2023: € 12,063,485 Unchanged (€ 12,063,024) Favourable step	€ 11,540,887 Equity 2024: € 11,540,887 ▼ 4% vs 2023 (€ 12,063,485) Unfavourable step	€ 7,878,206 Equity 2025: € 7,878,206 ▼ 32% vs 2024 (€ 11,540,887) Unfavourable step	▼ 32%
Total debts	€ 5,675,183 Total debts 2022: € 5,675,183 First fiscal year in the series	€ 6,053,420 Total debts 2023: € 6,053,420 ▲ 7% vs 2022 (€ 5,675,183) Unfavourable step	€ 6,678,351 Total debts 2024: € 6,678,351 ▲ 10% vs 2023 (€ 6,053,420) Unfavourable step	€ 5,335,035 Total debts 2025: € 5,335,035 ▼ 20% vs 2024 (€ 6,678,351) Favourable step	▼ 20%
Cash	€ 60,550 Cash 2022: € 60,550 First fiscal year in the series	€ 52,165 Cash 2023: € 52,165 ▼ 14% vs 2022 (€ 60,550) Unfavourable step	€ 9,029 Cash 2024: € 9,029 ▼ 83% vs 2023 (€ 52,165) Unfavourable step	€ 554,051 Cash 2025: € 554,051 ▲ € 545,023 vs 2024 (€ 9,029) Favourable step	▲ € 545,023
Land & buildings	€ 6,376,195 Land & buildings 2022: € 6,376,195 First fiscal year in the series	€ 6,355,266 Land & buildings 2023: € 6,355,266 Unchanged (€ 6,376,195) Unchanged	€ 6,949,788 Land & buildings 2024: € 6,949,788 ▲ 9% vs 2023 (€ 6,355,266) Unchanged	€ 6,648,795 Land & buildings 2025: € 6,648,795 ▼ 4% vs 2024 (€ 6,949,788) Unchanged	▼ 4%
Retained profit	€ 12,025,775 Retained profit 2022: € 12,025,775 First fiscal year in the series	€ 12,026,237 Retained profit 2023: € 12,026,237 Unchanged (€ 12,025,775) Favourable step	€ 11,503,638 Retained profit 2024: € 11,503,638 ▼ 4% vs 2023 (€ 12,026,237) Unfavourable step	€ 7,840,958 Retained profit 2025: € 7,840,958 ▼ 32% vs 2024 (€ 11,503,638) Unfavourable step	▼ 32%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 527,730 Dividend 2024: € 527,730 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 527,730) Unchanged	▼ 100%
Bank debt	€ 5,232,039 Bank debt 2022: € 5,232,039 First fiscal year in the series	€ 5,540,210 Bank debt 2023: € 5,540,210 ▲ 6% vs 2022 (€ 5,232,039) Unfavourable step	€ 5,659,553 Bank debt 2024: € 5,659,553 ▲ 2% vs 2023 (€ 5,540,210) Unfavourable step	€ 4,619,979 Bank debt 2025: € 4,619,979 ▼ 18% vs 2024 (€ 5,659,553) Favourable step	▼ 18%
Balance sheet total	€ 17,738,206 Balance sheet total 2022: € 17,738,206 First fiscal year in the series	€ 18,116,906 Balance sheet total 2023: € 18,116,906 ▲ 2% vs 2022 (€ 17,738,206) Unchanged	€ 18,219,238 Balance sheet total 2024: € 18,219,238 ▲ 1% vs 2023 (€ 18,116,906) Unchanged	€ 13,213,242 Balance sheet total 2025: € 13,213,242 ▼ 27% vs 2024 (€ 18,219,238) Unchanged	▼ 27%
Employees (FTE)	0.8 Employees (FTE) 2022: 0.8 First fiscal year in the series	2 Employees (FTE) 2023: 2 ▲ 1.2 vs 2022 (0.8) Unchanged	1 Employees (FTE) 2024: 1 ▼ 1 vs 2023 (2) Unchanged	0.7 Employees (FTE) 2025: 0.7 ▼ 0.3 vs 2024 (1) Unchanged	▼ 0.3

Key figures of F.V. MGT, 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 October 2026.

What happened to F.V. MGT?

What happened at F.V. MGT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Sep 30, 2025 New annual accounts for financial year 2025: loss of € 3.7 million (▼ € 3.7 million vs 2024). Source: NBB ↗
Jul 30, 2010 New establishment in Izegem. KBO
2010 Frederick Verhelst became a director. NBB
Jul 15, 2010 Start of the company according to the CBE. KBO

In short

From € 10.7 million profit in 2022 to € 3.7 million loss in 2025.

Paid € 52,436 in corporate taxes since 2022.

Best year ever: 2022, with € 10.7 million profit.

On average € 504,500 of value added per employee in 2024.

Original PDFs at the National Bank ↗

Management

Frederick Verhelst

F.V. MGT

Padel Dôme 100%

Potz - Music is Love 50%

KFC Mandel United 28%

Copus Projectsourcing 27%

Behind F.V. MGT is Frederick Verhelst. It owns 100% of Padel Dôme, 50% of Potz - Music is Love, 28% of KFC Mandel United and 27% of Copus Projectsourcing itself.

Directors

According to the 2025 annual accounts

Frederick Verhelst

Director

Also active at: SMART FINANCE, Benton, SMART ENGINEERING, Smart ICT / Field Services, Smart Experts, Waterfields Brewery, KFC MANDEL UNITED, COPUS PROJECTSOURCING +5 more

since 2010

Establishments

Establishment units

Physical locations of this company

Registered office

Katteboomstraat 80

8870 Izegem

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

INFINITY MANAGEMENT

€ 252,244 gross margin · 2025

KFC MANDEL UNITED same network

€ 25,520 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0828.168.380

VAT number

BE 0828.168.380

Registered office

Katteboomstraat 80, 8870 Izegem

Names & denominations

F.V. MGT

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

15 July 2010

Peppol

Active · Active since 2 Sept 2025

Activities · NACE

Activiteiten van holdings

Holdings

View on CBE Public ↗ Annual accounts (NBB) ↗

F.V. MGT

Warning lights

Financials

What happened to F.V. MGT?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions