ACTIVE

FM Studio

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

39,2 k €

+1293.1% YoY

Gross margin

68,7 k €

+331.7% YoY

Equity

74,6 k €

+11.4% YoY

What does FM Studio do?

FM Studio is a Private limited company incorporated in 2011. Its main activity is: Architectural activities. Its registered office is in Gent.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0837.718.823

Incorporation

06/07/2011

Legal form

Private limited company

Registered office

Kievitlaan 41 box 1
9000 Gent · FlandreSee on map

Contributed capital

12 400,00 €

Latest accounts

31/12/2025

Activities (NACE)

71111Architectural activities· main 71111Architectural activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 13 financial years

	2025		2024		2023		2022		2020		2019		2018		2017		2016		2015		2014		2013		2012
Income statement
Gross margin	68,7 k €	+332%	15,9 k €	-56.5%	36,6 k €	-10.1%	40,7 k €	+270%	-24 k €	-341%	10 k €	-9.8%	11,1 k €	+17.5%	9,4 k €	+26.4%	7,5 k €	-58.7%	18,1 k €	-21.5%	23 k €	+426%	4,4 k €	-79.6%	21,5 k €
EBITDA	68,2 k €	+368%	14,6 k €	-58.0%	34,7 k €	-12.2%	39,5 k €	+256%	-25,3 k €	-395%	8,6 k €	-9.0%	9,4 k €	+17.8%	8 k €	+250%	2,3 k €	-86.7%	17,2 k €	-19.1%	21,2 k €	+564%	3,2 k €	-83.1%	18,9 k €
Operating result	59,2 k €	+921%	5,8 k €	-80.5%	29,7 k €	-17.9%	36,2 k €	+236%	-26,6 k €	-468%	7,2 k €	-15.3%	8,6 k €	+21.8%	7 k €	+548%	-1,6 k €	-114%	11,6 k €	-21.4%	14,8 k €	+722%	-2,4 k €	-116%	14,9 k €
Net result	39,2 k €	+1293%	2,8 k €	-86.1%	20,2 k €	-32.1%	29,7 k €	+209%	-27,2 k €	-987%	3,1 k €	+11.5%	2,7 k €	-4.0%	2,9 k €	-47.5%	5,4 k €	+52.7%	3,6 k €	-70.6%	12,1 k €	+295%	-6,2 k €	-146%	13,4 k €
Balance sheet
Equity	74,6 k €	+11.4%	67 k €	+0.1%	66,9 k €	+34.9%	49,6 k €	+304%	12,3 k €	-68.9%	39,4 k €	+8.4%	36,4 k €	+8.2%	33,6 k €	+9.3%	30,8 k €	+21.5%	25,3 k €	+16.4%	21,7 k €	+10.9%	19,6 k €	-24.1%	25,8 k €
Total assets	132,1 k €	+14.0%	115,9 k €	+12.5%	103,1 k €	+13.1%	91,2 k €	+87.0%	48,8 k €	+0.5%	48,5 k €	-9.1%	53,4 k €	+5.3%	50,7 k €	+48.0%	34,3 k €	-28.4%	47,9 k €	+4.4%	45,8 k €	+39.0%	33 k €	-44.3%	59,2 k €
Cash	46,5 k €	-4.3%	48,5 k €	+19.7%	40,5 k €	-29.0%	57,1 k €	+1117%	4,7 k €	-66.6%	14 k €	+89.7%	7,4 k €	-52.7%	15,7 k €	+199%	5,2 k €	-73.6%	19,9 k €	-26.0%	26,8 k €	+82.1%	14,7 k €	-64.1%	41 k €
Debts	57,5 k €	+68.8%	34,1 k €	-5.7%	36,1 k €	-12.9%	41,5 k €	+13.7%	36,5 k €	+301%	9,1 k €	-46.6%	17 k €	-0.3%	17,1 k €	+389%	3,5 k €	-83.2%	20,8 k €	-13.7%	24,1 k €	+80.1%	13,4 k €	-59.9%	33,4 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 6 ended

Active mandates

FRANCESCA DE FONSECA

Director · since 06 juillet 2011

Active

Ended mandates

Margaux Lisabeth

Director · since 13 mars 2024

Ended

Francesca De Fonseca

Bestuurder · since 06 juillet 2011

Ended

Fransesca De Fonseca

Director · since 06 juillet 2011

Ended

Fransesca De Fonseca

Manager · since 06 juillet 2011

Ended

At this address

Other companies at this address

Company	CBE no.
Bureau Baem● Active	0765.657.820

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	31/12/2025	31/12/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	18 months	12 months	12 months	12 months	12 months
Filing date	13/07/2026	16/04/2025	13/12/2023	31/01/2023	27/01/2022	29/01/2021
General meeting	26/06/2026	08/04/2025	08/12/2023	27/01/2023	23/12/2021	26/12/2020
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

14 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	26/06/2026	13/07/2026	Dutch	PDF
Micro model	31/12/2024	08/04/2025	16/04/2025	Dutch	PDF
Micro model	30/06/2023	08/12/2023	13/12/2023	Dutch	PDF
Micro model	30/06/2022	27/01/2023	31/01/2023	Dutch	PDF
Micro model	30/06/2021	23/12/2021	27/01/2022	Dutch	PDF
Micro model	30/06/2020	26/12/2020	29/01/2021	Dutch	PDF
Micro model	30/06/2019	27/12/2019	31/01/2020	Dutch	PDF
Micro model	30/06/2018	28/12/2018	29/01/2019	Dutch	PDF
Micro model	30/06/2017	29/12/2017	30/01/2018	Dutch	PDF
Abridged model	30/06/2016	30/12/2016	27/01/2017	Dutch	PDF
Abridged model	30/06/2015	26/12/2015	13/01/2016	Dutch	PDF
Abridged model	30/06/2014	26/12/2014	09/01/2015	Dutch	PDF
Abridged model	30/06/2013	27/12/2013	12/02/2014	Dutch	PDF
Abridged model	30/06/2012	28/12/2012	05/02/2013	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 · 6 ended

Active mandates

FRANCESCA DE FONSECA

Director · since 06 juillet 2011

Active

Ended mandates

Margaux Lisabeth

Director · since 13 mars 2024

Ended

Francesca De Fonseca

Bestuurder · since 06 juillet 2011

Ended

Fransesca De Fonseca

Director · since 06 juillet 2011

Ended

Fransesca De Fonseca

Manager · since 06 juillet 2011

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates15/03/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Other14/11/2011
DIVERSEN
PDF
Other20/07/2011
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

2025
Annual accounts 202539,2 k €↑
2024
Annual accounts 20242,8 k €↓
2024
Name changeFM STUDIO
2023
Annual accounts 202320,2 k €↓
2022
Annual accounts 202229,7 k €↑
2020
Annual accounts 2020-27,2 k €↓
2019
Annual accounts 20193,1 k €↑
2018
Annual accounts 20182,7 k €↓
2017
Annual accounts 20172,9 k €↓
2016
Annual accounts 20165,4 k €↑
2015
Annual accounts 20153,6 k €↓
2014
Annual accounts 201412,1 k €↑
2013
Annual accounts 2013-6,2 k €↓
2012
Annual accounts 201213,4 k €
2012
Name changeArchitect De Fonseca
06/07/2011
IncorporationPrivate 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

FM Studio

Overview

What does FM Studio do?

Trend over 13 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