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 17 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
F.O.S.M. from Knokke-Heist, company number BE0864740152, closed financial year 2025 with a result of € -24,675 after tax. For that financial year F.O.S.M. recorded a gross margin of € 155,795 and equity of € 2.3 million. Compared with financial year 2024, the result moved from € 60,071 to € -24,675. 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 November 28, 2025.
€ 2.3 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -24,675
▼ still € 60,071 profit in 2024
Profit after tax over the fiscal year.
€ 153,620
▼ 38% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.8 million.
People and assets in 2025
€ 50,854
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 10
▼ 94% vs 2024
Loans from banks and other lenders, long and short.
€ 1,601
▼ 76% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 32,301
▼ 9% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 418,883 | € 451,636 | € 360,434 | € 155,795 | ▼ 57% |
| Profit after taxes | € 166,175 | € 168,152 | € 60,071 | € -24,675 | ▼ € 84,746 |
| Equity | € 2,119,772 | € 2,287,924 | € 2,348,105 | € 2,323,430 | ▼ 1% |
| Total debts | € 1,532,948 | € 1,395,997 | € 1,388,507 | € 1,199,128 | ▼ 14% |
| Cash | € 144,929 | € 77,315 | € 248,563 | € 153,620 | ▼ 38% |
| Land & buildings | € 3,424,710 | € 3,373,933 | € 3,335,298 | € 3,264,729 | ▼ 2% |
| Retained profit | € 1,599,772 | € 1,767,924 | € 1,828,105 | € 1,803,430 | ▼ 1% |
| Bank debt | € 0 | € 0 | € 157 | € 10 | ▼ 94% |
| Balance sheet total | € 3,652,721 | € 3,683,921 | € 3,736,612 | € 3,522,558 | ▼ 6% |
Key figures of F.O.S.M., 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.O.S.M.?
What happened at F.O.S.M. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 24,675 (▼ € 84,746 vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Knokke-Heist. KBO
- Marleen Van Herreweghe became a director. NBB
- Luc Pennoit became a director. NBB
In short
From € 166,175 profit in 2022 to € 24,675 loss in 2025.
Paid € 146,648 in corporate taxes since 2022.
Best year ever: 2023, with € 168,152 profit.
Management
Behind F.O.S.M. are Marleen Van Herreweghe and Luc Pennoit.
Directors
According to the 2025 annual accounts
Marleen Van Herreweghe
Director
since 2004
Luc Pennoit
Director
since 2004
Establishments
Establishment units
Physical locations of this company
Fernand Severinpad 5
8300 Knokke-Heist
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0864.740.152
- VAT number
- BE 0864.740.152
- Registered office
- Fernand Severinpad 5, 8300 Knokke-Heist
- Names & denominations
- F.O.S.M.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 April 2004
- Peppol
- Active · Active since 4 Nov 2025
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