ACTIVE

F.M.K.

Financial year 2025 · closed on 31/03/2025
Net result
238,2 k €
-48.5% YoY
Gross margin
972,7 k €
+0.6% YoY
Equity
23,7 M €
+1.0% YoY
Workforce
0,0 ETP

What does F.M.K. do?

F.M.K. is a Public limited company incorporated in 1992. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Roeselare.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0446.681.832
Incorporation
24/02/1992
Legal form
Public limited company
Registered office
Kerkplein 33
8800 Roeselare · FlandreSee on map
Contributed capital
8 915 000,00 €
Latest accounts
31/03/2025
Average workforce
0,0 ETP
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320202019201820172016201520142013201220112010200920082007
Income statement
Gross margin972,7 k €966,7 k €531,8 k €444,7 k €1,2 M €
EBITDA928,3 k €933,0 k €1,9 M €799,5 k €774,8 k €910,6 k €737,3 k €861,1 k €833,4 k €664,1 k €553,2 k €670,2 k €624,3 k €565,1 k €761,4 k €426,2 k €987,6 k €
Operating result554,3 k €594,2 k €1,3 M €709,6 k €332,0 k €439,8 k €604,8 k €728,3 k €707,4 k €531,8 k €422,7 k €540,6 k €473,4 k €399,0 k €567,1 k €483,3 k €448,5 k €
Net result238,2 k €462,8 k €6,0 M €1,9 M €451,4 k €691,1 k €987,8 k €150,2 k €150,6 k €497,3 k €458,9 k €57,4 k €198,3 k €179,6 k €390,3 k €361,2 k €117,0 k €
Balance sheet
Equity23,7 M €23,5 M €23,0 M €20,3 M €18,3 M €17,9 M €17,3 M €16,4 M €5,9 M €5,8 M €5,4 M €5,0 M €4,9 M €4,7 M €4,6 M €4,2 M €3,8 M €
Total assets33,2 M €33,2 M €34,0 M €32,2 M €32,2 M €32,8 M €33,1 M €28,2 M €17,9 M €18,3 M €18,1 M €18,2 M €17,8 M €17,5 M €17,4 M €17,4 M €16,0 M €
Cash74,0 k €130,2 k €223,6 k €194,5 k €192,5 k €373,9 k €274,5 k €451,4 k €89,9 k €81,9 k €118,7 k €272,2 k €167,4 k €189,4 k €270,8 k €322,2 k €354,9 k €
Debts7,5 M €7,7 M €8,6 M €9,3 M €11,3 M €12,2 M €13,0 M €8,9 M €9,0 M €9,6 M €9,9 M €10,3 M €9,9 M €9,8 M €9,8 M €9,9 M €8,8 M €
Other
Workforce0,0 ETP0,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/03/2025 · 3 active · 19 ended

Active mandates

Francky Havegeer

Managing director

Active
Kurt Havegeer

Managing director

Active
Mario Havegeer

Managing director

Active

Ended mandates

Francky Havegeer

Managing director · since 23 octobre 2021 · until 30 octobre 2027

Ended
Kurt Havegeer

Managing director · since 23 octobre 2021 · until 30 octobre 2027

Ended
Mario Havegeer

Managing director · since 23 octobre 2021 · until 30 octobre 2027

Ended
Frank Havegeer

Managing director · since 24 octobre 2015 · until 30 octobre 2021

Ended
At this address

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0469.965.889
Annual accounts

Full financial information

202520242023202120202019
Type of accountAbridged modelAbridged modelFull modelFull modelFull modelFull model
Start of the financial year01/04/202401/04/202301/05/202101/05/202001/05/201901/05/2018
Closing of the financial year31/03/202531/03/202431/03/202330/04/202130/04/202030/04/2019
Length of the financial year12 months12 months23 months12 months12 months12 months
Filing date30/10/202525/10/202427/10/202320/12/202124/11/202004/12/2019
General meeting13/09/202514/09/202409/09/202330/10/202131/10/202026/10/2019
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/202513/09/202530/10/2025DutchPDF
Abridged model31/03/202414/09/202425/10/2024DutchPDF
Full model31/03/202309/09/202327/10/2023DutchPDF
Full model30/04/202130/10/202120/12/2021DutchPDF
Full model30/04/202031/10/202024/11/2020DutchPDF
Full model30/04/201926/10/201904/12/2019DutchPDF
Full model30/04/201827/10/201827/11/2018DutchPDF
Full model30/04/201721/10/201707/12/2017DutchPDF
Full model30/04/201629/10/201621/11/2016DutchPDF
Full model30/04/201524/10/201503/11/2015DutchPDF
Full model30/04/201425/10/201430/10/2014DutchPDF
Full model30/04/201326/10/201302/12/2013DutchPDF
Full model30/04/201227/10/201230/11/2012DutchPDF
Full model30/04/201129/10/201122/12/2011DutchPDF
Full model30/04/201030/10/201015/12/2010DutchPDF
Abridged model30/04/200931/10/200917/12/2009DutchPDF
Abridged model30/04/200825/10/200818/12/2008DutchPDF
Abridged model30/04/200727/10/200703/12/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 31/03/2025 · 3 active · 19 ended

Active mandates

Francky Havegeer

Managing director

Active
Kurt Havegeer

Managing director

Active
Mario Havegeer

Managing director

Active

Ended mandates

Francky Havegeer

Managing director · since 23 octobre 2021 · until 30 octobre 2027

Ended
Kurt Havegeer

Managing director · since 23 octobre 2021 · until 30 octobre 2027

Ended
Mario Havegeer

Managing director · since 23 octobre 2021 · until 30 octobre 2027

Ended
Frank Havegeer

Managing director · since 24 octobre 2015 · until 30 octobre 2021

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Restructuring15/09/2025
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring26/05/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Capital / shares20/02/2023
    KAPITAAL - AANDELEN
    PDF
  • Other04/05/2022
    ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates05/01/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/03/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares26/06/2017
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates20/11/2015
    ONTSLAGEN - BENOEMINGEN
    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

Timeline

  1. 2025
    Annual accounts 2025238,2 k €
  2. 2024
    Annual accounts 2024462,8 k €
  3. 2023
    Annual accounts 20236,0 M €
  4. 2020
    Annual accounts 20201,9 M €
  5. 2019
    Annual accounts 2019451,4 k €
  6. 2018
    Annual accounts 2018691,1 k €
  7. 2017
    Annual accounts 2017987,8 k €
  8. 2016
    Annual accounts 2016150,2 k €
  9. 2015
    Annual accounts 2015150,6 k €
  10. 2014
    Annual accounts 2014497,3 k €
  11. 2013
    Annual accounts 2013458,9 k €
  12. 2012
    Annual accounts 201257,4 k €
  13. 2011
    Annual accounts 2011198,3 k €
  14. 2010
    Annual accounts 2010179,6 k €
  15. 2009
    Annual accounts 2009390,3 k €
  16. 2008
    Annual accounts 2008361,2 k €
  17. 2007
    Annual accounts 2007117,0 k €
  18. 24/02/1992
    IncorporationPublic limited company