ACTIVE

FS MGT

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Financial year 2025 · closed on 30/06/2025
Net result
198,3 k €
+1.3% YoY
Gross margin
473,4 k €
+23.2% YoY
Equity
746,5 k €
+36.2% YoY

What does FS MGT do?

FS MGT is a Private limited company incorporated in 2014. Its main activity is: Freight transport by road. Its registered office is in Kortrijk.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0506.847.170
Incorporation
15/12/2014
Legal form
Private limited company
Registered office
Zwaluwenlaan(Kor) 18
8500 Kortrijk · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
30/06/2025
Activities (NACE)
49410Freight transport by road· main49410Freight transport by road70210Public relations and communication activities73300Advertising and market research41001Construction of buildings41201Construction of residential and non-residential buildings+8
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 10 financial years

2025202420232022202120202019201820172016
Income statement
Gross margin473,4 k €384,2 k €292,2 k €268,7 k €137,7 k €115,6 k €115 k €125,6 k €107,3 k €119,4 k €
EBITDA336,5 k €305,6 k €227,1 k €202,9 k €126,1 k €115,1 k €114,4 k €124,8 k €106,8 k €119 k €
Operating result254,8 k €249,5 k €195,6 k €171,7 k €121,7 k €115,1 k €114,4 k €122,3 k €104,3 k €119 k €
Net result198,3 k €195,7 k €152,5 k €128,4 k €113,4 k €74,4 k €89,3 k €77,6 k €80,4 k €88,3 k €
Balance sheet
Equity746,5 k €548,2 k €352,5 k €200 k €531,6 k €418,2 k €343,8 k €254,5 k €174,1 k €100,7 k €
Total assets936,7 k €862,9 k €457,2 k €348,9 k €682,7 k €439,2 k €354 k €316,6 k €211,2 k €134,6 k €
Cash319,7 k €201,1 k €152,5 k €131,6 k €484,2 k €389,1 k €314,2 k €290,7 k €171,2 k €115,9 k €
Debts190,2 k €313 k €103,6 k €149 k €151,1 k €21,1 k €10,3 k €62,1 k €29,7 k €30,6 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 2 ended

Active mandates

Frederic Spillebeen

Director · since 10 décembre 2014

Active

Ended mandates

Frederic Spillebeen

Administrator - manager · since 10 décembre 2014

Ended
Frédéric Spillebeen

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date26/12/202530/12/202420/12/202322/12/202220/12/202125/01/2021
General meeting20/12/202521/12/202416/12/202317/12/202218/12/202119/12/2020
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

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/06/202520/12/202526/12/2025DutchPDF
Micro model30/06/202421/12/202430/12/2024DutchPDF
Micro model30/06/202316/12/202320/12/2023DutchPDF
Micro model30/06/202217/12/202222/12/2022DutchPDF
Micro model30/06/202118/12/202120/12/2021DutchPDF
Micro model30/06/202019/12/202025/01/2021DutchPDF
Micro model30/06/201921/12/201912/02/2020DutchPDF
Micro model30/06/201815/12/201828/01/2019DutchPDF
Micro model30/06/201716/12/201730/01/2018DutchPDF
Abridged model30/06/201617/12/201622/12/2016DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 30/06/2025 · 1 active · 2 ended

Active mandates

Frederic Spillebeen

Director · since 10 décembre 2014

Active

Ended mandates

Frederic Spillebeen

Administrator - manager · since 10 décembre 2014

Ended
Frédéric Spillebeen

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates28/09/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office14/03/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates13/05/2020
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other17/12/2014
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, 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

Timeline

  1. 2025
    Annual accounts 2025198,3 k €↑
  2. 2024
    Annual accounts 2024195,7 k €↑
  3. 2024
    Name changeFS MGT
  4. 2023
    Annual accounts 2023152,5 k €↑
  5. 2022
    Annual accounts 2022128,4 k €↑
  6. 2022
    Name changeFrederic Spillebeen
  7. 2021
    Annual accounts 2021113,4 k €↑
  8. 2020
    Annual accounts 202074,4 k €↓
  9. 2019
    Annual accounts 201989,3 k €↑
  10. 2018
    Annual accounts 201877,6 k €↓
  11. 2017
    Annual accounts 201780,4 k €↓
  12. 2016
    Annual accounts 201688,3 k €
  13. 15/12/2014
    IncorporationPrivate limited company