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 32 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FM HOTEL from Estinnes, company number BE0839438196, closed financial year 2025 with a result of € 112,589 after tax. For that financial year FM HOTEL recorded a gross margin of € 1.9 million and equity of € 1.9 million. Compared with financial year 2024, the result moved from € 200,545 to € 112,589. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2026.
€ 1.9 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 112,589
▼ 44% vs 2024
Profit after tax over the fiscal year.
€ 266,666
▲ 4% 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 € 1 million.
People and assets in 2025
21.2
▲ 6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.2 million
▲ 43% vs 2024
€ 55,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 457,764
▲ 223% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 621,824
▼ 28% vs 2024
€ 200,628 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 638,691
▲ 144% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 177,256
▲ 121% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,201,172 | € 1,501,405 | € 1,549,186 | € 1,903,274 | ▲ 23% |
| Profit after taxes | € 133,133 | € 291,996 | € 200,545 | € 112,589 | ▼ 44% |
| Equity | € 1,448,373 | € 1,680,477 | € 1,873,554 | € 1,941,206 | ▲ 4% |
| Total debts | € 2,113,001 | € 1,906,772 | € 2,384,849 | € 4,652,944 | ▲ 95% |
| Cash | € 172,546 | € 213,131 | € 257,473 | € 266,666 | ▲ 4% |
| Land & buildings | € 2,910,072 | € 2,795,232 | € 3,547,653 | € 5,449,617 | ▲ 54% |
| Retained profit | € 422,666 | € 714,662 | € 915,207 | € 1,027,796 | ▲ 12% |
| Bank debt | € 1,341,929 | € 1,105,664 | € 865,666 | € 621,824 | ▼ 28% |
| Balance sheet total | € 3,561,374 | € 3,587,249 | € 4,258,403 | € 6,594,149 | ▲ 55% |
| Employees (FTE) | 13.7 | 13.4 | 15.2 | 21.2 | ▲ 6 |
Key figures of FM HOTEL, 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 HOTEL?
What happened at FM HOTEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 112,589 (▼ 44% vs 2024). Source: NBB ↗
- Maxime VANDENHENDE became a director. NBB
- François VANDENHENDE became a director. NBB
- FRAMAX SRL became a director. NBB
- New establishment in La Louvière. KBO
- Start of the company according to the CBE. KBO
In short
From € 133,133 profit in 2022 to € 112,589 profit in 2025.
Paid € 23,230 in corporate taxes since 2022.
Best year ever: 2023, with € 291,996 profit.
On average € 89,800 of value added per employee in 2025.
Management
The stake of FRAMAX comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FM HOTELBehind FM HOTEL are Maxime VANDENHENDE, François VANDENHENDE and FRAMAX SRL. The shares are held by FRAMAX (99.8%).
Directors
According to the 2025 annual accounts
since 2023
François VANDENHENDE
Director
since 2023
Director · represented by VANDENHENDE Jean-Marc
Also active at: IMMO VANSCA, STOKI ANDERLUES, STOKI
since 2023
Shareholders
99.8%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de Bienne(VBR) 9
7120 Estinnes
Chaussée du Pont du Sart(H-G) 238
7110 La Louvière
Active since 1 April 2013
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →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
Microsoft 365
Hosting
INFOMANIAK-AS, CH
Website info
Features
Security
Network
Details
- Company number
- 0839.438.196
- VAT number
- BE 0839.438.196
- Registered office
- Rue de Bienne(VBR) 9, 7120 Estinnes
- Names & denominations
- FM HOTEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 September 2011
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- orangehotel.be
- Activities · NACE
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