ACTIVE

F.M.A.

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Financial year 2025 · closed on 31/12/2025

Net result

165,6 k €

-24.3% YoY

Gross margin

412,4 k €

-1.8% YoY

Equity

288,6 k €

+0.2% YoY

Workforce

3,1 ETP

+40.9% YoY

What does F.M.A. do?

F.M.A. is a Public limited company incorporated in 1980. Its main activity is: Manufacture of other food products n.e.c.. Its registered office is in Stabroek. It employs on average 3,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0420.195.189

Incorporation

15/02/1980

Legal form

Public limited company

Registered office

Conservenweg 10 box D
2940 Stabroek · FlandreSee on map

Contributed capital

61 500,00 €

Latest accounts

31/12/2025

Average workforce

3,1 ETP

Activities (NACE)

10890Manufacture of other food products n.e.c.· main 10890Manufacture of other food products n.e.c.46649Wholesale of machinery for the textile industry and of sewing and knitting machines 46699Wholesale of other machinery and equipment 51873Air transport

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	412,4 k €	-1.8%	420,1 k €	+28.6%	326,6 k €	+5.6%	309,4 k €	+71.9%	180 k €	-32.5%	266,7 k €	+36.3%	195,6 k €	-8.5%	213,7 k €	-14.3%	249,5 k €	+3.7%	240,7 k €	+70.1%	141,5 k €	+103%	69,7 k €	-22.5%	90 k €	-25.8%	121,3 k €	+575%	18 k €	-61.8%	47 k €	+214%	-41,4 k €	-119%	212,6 k €	+54.9%	137,2 k €
EBITDA	223,5 k €	-19.1%	276,4 k €	+25.2%	220,8 k €	+5.6%	209,1 k €	+147%	84,7 k €	-57.5%	199,1 k €	+44.2%	138 k €	-19.4%	171,3 k €	-21.2%	217,4 k €	+4.0%	209,1 k €	+87.0%	111,8 k €	+175%	40,7 k €	-35.2%	62,8 k €	-32.7%	93,3 k €	+1494%	-6,7 k €	-116%	40,9 k €	+161%	-66,9 k €	-137%	183,1 k €	+67.3%	109,5 k €
Operating result	179,4 k €	-22.8%	232,3 k €	+27.3%	182,5 k €	+14.1%	159,9 k €	+411%	31,3 k €	-79.8%	154,6 k €	+79.6%	86,1 k €	-24.0%	113,2 k €	-38.0%	182,7 k €	+12.7%	162 k €	+75.3%	92,5 k €	+263%	25,5 k €	-56.1%	58 k €	-29.1%	81,8 k €	+702%	-13,6 k €	-171%	19 k €	+121%	-92,1 k €	-163%	146,5 k €	+93.5%	75,7 k €
Net result	165,6 k €	-24.3%	218,8 k €	+28.3%	170,6 k €	+15.4%	147,8 k €	+717%	18,1 k €	-86.7%	136,2 k €	+92.2%	70,9 k €	-31.5%	103,4 k €	-30.7%	149,2 k €	+14.4%	130,5 k €	+74.9%	74,6 k €	+442%	13,8 k €	-72.4%	49,9 k €	-31.9%	73,2 k €	+13519%	537,5 €	-98.4%	33,5 k €	+198%	-34,1 k €	-127%	124,2 k €	+76.7%	70,3 k €
Balance sheet
Equity	288,6 k €	+0.2%	287,9 k €	+0.3%	287,1 k €	+0.2%	286,6 k €	+0.3%	285,7 k €	-0.4%	286,9 k €	+2.2%	280,7 k €	+4.0%	269,8 k €	+5.2%	256,3 k €	+23.8%	207,1 k €	+24.3%	166,7 k €	+9.6%	152,1 k €	+3.9%	146,3 k €	-0.1%	146,4 k €	-10.3%	163,2 k €	-31.3%	237,7 k €	-21.9%	304,2 k €	-71.6%	1,1 M €	+13.1%	946,9 k €
Total assets	939,5 k €	+4.6%	897,8 k €	+0.6%	892 k €	-6.8%	957,3 k €	+15.3%	830,4 k €	-1.5%	843,4 k €	-0.6%	848,5 k €	+0.5%	844,1 k €	+34.5%	627,5 k €	+0.0%	627,4 k €	+38.4%	453,4 k €	+14.6%	395,5 k €	+11.1%	356 k €	-0.0%	356,1 k €	-1.5%	361,6 k €	-12.3%	412,2 k €	-62.6%	1,1 M €	-14.5%	1,3 M €	+14.5%	1,1 M €
Cash	41,7 k €	+7.1%	38,9 k €	-43.4%	68,9 k €	+121%	31,1 k €	-5.5%	32,9 k €	-55.4%	73,9 k €	+41.1%	52,4 k €	+44.8%	36,2 k €	-0.3%	36,3 k €	-15.5%	43 k €	+490%	7,3 k €	-70.4%	24,6 k €	-62.4%	65,4 k €	+87.0%	35 k €	-61.8%	91,5 k €	-10.0%	101,6 k €	-20.7%	128,2 k €	-0.2%	128,4 k €	+126%	56,9 k €
Debts	650,9 k €	+6.7%	609,8 k €	+0.8%	604,8 k €	-9.8%	670,7 k €	+23.1%	544,7 k €	-2.0%	556 k €	-2.0%	567,1 k €	-0.9%	572,3 k €	+55.3%	368,6 k €	-11.6%	417 k €	+47.9%	281,9 k €	+25.3%	225 k €	+11.6%	201,6 k €	-3.8%	209,7 k €	+5.8%	198,1 k €	+13.5%	174,5 k €	-78.1%	798 k €	+267%	217,4 k €	+23.5%	176 k €
Other
Workforce	3,1 ETP	+40.9%	2,2 ETP	+37.5%	1,6 ETP	0.0%	1,6 ETP	-11.1%	1,8 ETP	+28.6%	1,4 ETP	+16.7%	1,2 ETP	+20.0%	1,0 ETP	+66.7%	0,6 ETP	0.0%	0,6 ETP	0.0%	0,6 ETP	0.0%	0,6 ETP	0.0%	0,6 ETP	0.0%	0,6 ETP	0.0%	0,6 ETP	+500%	0,1 ETP	-85.7%	0,7 ETP	-30.0%	1,0 ETP	0.0%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 18 ended

Active mandates

Crea Meat Consult

Managing director · since 22 mai 2020 · 0894.360.784

Represented by Tom Spaas

Active

Ended mandates

Crea Meat Consult

Director · since 22 mai 2020 · until 07 décembre 2029 · 0894.360.784

Represented by Tom SPAAS

Ended

Crea Meat Consult

Managing director · since 22 mai 2020 · 0894.360.784

Represented by Tom SPAAS

Ended

Crea Meat Consult

Director · since 22 mai 2020 · 0894.360.784

Represented by Spaas Tom

Ended

Veronique Van Hove

Director · since 01 janvier 2020

Ended

At this address

Other companies at this address

Company	CBE no.
SPAAS EENHEID● Active	0683.894.738

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/05/2026	26/05/2025	30/05/2024	08/06/2023	02/06/2022	31/05/2021
General meeting	22/05/2026	23/05/2025	24/05/2024	26/05/2023	27/05/2022	28/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	22/05/2026	28/05/2026	Dutch	PDF
Abridged model	31/12/2024	23/05/2025	26/05/2025	Dutch	PDF
Abridged model	31/12/2023	24/05/2024	30/05/2024	Dutch	PDF
Abridged model	31/12/2022	26/05/2023	08/06/2023	Dutch	PDF
Abridged model	31/12/2021	27/05/2022	02/06/2022	Dutch	PDF
Abridged model	31/12/2020	28/05/2021	31/05/2021	Dutch	PDF
Abridged model	31/12/2019	22/05/2020	11/06/2020	Dutch	PDF
Abridged model	31/12/2018	24/05/2019	28/06/2019	Dutch	PDF
Abridged model	31/12/2017	25/05/2018	25/06/2018	Dutch	PDF
Abridged model	31/12/2016	26/05/2017	22/06/2017	Dutch	PDF
Abridged model	31/12/2015	27/05/2016	20/06/2016	Dutch	PDF
Abridged model	31/12/2014	22/05/2015	12/06/2015	Dutch	PDF
Abridged model	31/12/2013	23/05/2014	26/06/2014	Dutch	PDF
Abridged model	31/12/2012	24/05/2013	27/06/2013	Dutch	PDF
Abridged model	31/12/2011	25/05/2012	25/06/2012	Dutch	PDF
Abridged model	31/12/2010	27/05/2011	22/06/2011	Dutch	PDF
Abridged model	31/12/2009	27/05/2010	09/06/2010	Dutch	PDF
Abridged model	31/12/2008	22/05/2009	17/06/2009	Dutch	PDF
Abridged model	31/12/2007	23/05/2008	10/07/2008	Dutch	PDF
Abridged model	31/12/2006	29/06/2007	28/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 18 ended

Active mandates

Crea Meat Consult

Managing director · since 22 mai 2020 · 0894.360.784

Represented by Tom Spaas

Active

Ended mandates

Crea Meat Consult

Director · since 22 mai 2020 · until 07 décembre 2029 · 0894.360.784

Represented by Tom SPAAS

Ended

Crea Meat Consult

Managing director · since 22 mai 2020 · 0894.360.784

Represented by Tom SPAAS

Ended

Crea Meat Consult

Director · since 22 mai 2020 · 0894.360.784

Represented by Spaas Tom

Ended

Veronique Van Hove

Director · since 01 janvier 2020

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates20/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/09/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/02/2018
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office09/01/2015
MAATSCHAPPELIJKE ZETEL
PDF
Mandates31/07/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/04/2009
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/03/2009
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring22/01/2009
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025165,6 k €↓
2024
Annual accounts 2024218,8 k €↑
2023
Annual accounts 2023170,6 k €↑
2022
Annual accounts 2022147,8 k €↑
2021
Annual accounts 202118,1 k €↓
2019
Annual accounts 2019136,2 k €↑
2018
Annual accounts 201870,9 k €↓
2017
Annual accounts 2017103,4 k €↓
2016
Annual accounts 2016149,2 k €↑
2015
Annual accounts 2015130,5 k €↑
2014
Annual accounts 201474,6 k €↑
2013
Annual accounts 201313,8 k €↓
2012
Annual accounts 201249,9 k €↓
2011
Annual accounts 201173,2 k €↑
2010
Annual accounts 2010537,5 €↓
2009
Annual accounts 200933,5 k €↑
2008
Annual accounts 2008-34,1 k €↓
2007
Annual accounts 2007124,2 k €↑
2006
Annual accounts 200670,3 k €
15/02/1980
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

F.M.A.

Overview

What does F.M.A. do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline