ACTIVE

FM MANAGEMENT SOLUTIONS

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Financial year 2025 · closed on 31/12/2025

Net result

218,5 k €

+2134.6% YoY

Gross margin

364 k €

+21.6% YoY

Equity

210,6 k €

+55.3% YoY

Workforce

2,0 ETP

-23.1% YoY

What does FM MANAGEMENT SOLUTIONS do?

FM MANAGEMENT SOLUTIONS is a Private limited company incorporated in 2011. Its registered office is in Gent. It employs on average 2,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0838.770.678

Incorporation

18/08/2011

Legal form

Private limited company

Registered office

Asselsstraat 70
9031 Gent · FlandreSee on map

Contributed capital

18 550,00 €

Latest accounts

31/12/2025

Average workforce

2,0 ETP

Joint committees (2)

14901
20000

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012
Income statement
Gross margin	364 k €	+21.6%	299,3 k €	-58.7%	724,1 k €	+141%	299,9 k €	+22.9%	244 k €	+27.9%	190,8 k €	-42.1%	329,4 k €	+51.2%	217,9 k €	+97.1%	110,5 k €	+22.8%	90 k €	+135%	38,3 k €	+72.6%	22,2 k €	+29.5%	17,1 k €	-60.8%	43,7 k €
EBITDA	187,4 k €	+12.2%	167 k €	-72.2%	600,2 k €	+594%	86,5 k €	-50.5%	174,7 k €	+52.5%	114,6 k €	-46.8%	215,4 k €	+73.7%	124 k €	+93.3%	64,1 k €	+75.3%	36,6 k €	+67.9%	21,8 k €	+152%	8,6 k €	-46.7%	16,2 k €	-62.6%	43,4 k €
Operating result	378,2 k €	+600%	54 k €	-61.7%	141,2 k €	+7582%	1,8 k €	-97.8%	84,5 k €	+211%	27,2 k €	-62.7%	72,9 k €	+13.2%	64,4 k €	+95.6%	32,9 k €	+38.3%	23,8 k €	+87.4%	12,7 k €	+819%	-1,8 k €	-125%	7 k €	-71.6%	24,5 k €
Net result	218,5 k €	+2135%	-10,7 k €	-123%	45,9 k €	+166%	-69,4 k €	-247%	47,2 k €	+374%	10 k €	-74.4%	38,9 k €	-12.9%	44,7 k €	+160%	17,2 k €	+47.8%	11,6 k €	+60.5%	7,2 k €	+348%	-2,9 k €	-339%	1,2 k €	-93.4%	18,5 k €
Balance sheet
Equity	210,6 k €	+55.3%	135,6 k €	-7.3%	146,3 k €	+24.4%	117,6 k €	-37.1%	187,1 k €	+26.1%	148,4 k €	+3.0%	144,1 k €	+36.0%	105,9 k €	+54.9%	68,4 k €	+33.6%	51,2 k €	+29.4%	39,6 k €	+22.4%	32,3 k €	-8.3%	35,2 k €	+3.6%	34 k €
Total assets	2,5 M €	+15.1%	2,2 M €	-1.7%	2,2 M €	-33.8%	3,4 M €	+69.3%	2 M €	+106%	970,7 k €	+5.5%	920,4 k €	+46.3%	628,9 k €	+212%	201,4 k €	+16.3%	173,2 k €	+108%	83,2 k €	+26.4%	65,9 k €	+12.0%	58,8 k €	-21.2%	74,6 k €
Cash	31,2 k €	+75.6%	17,8 k €	-34.2%	27 k €	+41.7%	19,1 k €	-82.6%	109,9 k €	+59.4%	69 k €	+134%	29,5 k €	-42.0%	50,9 k €	+6.8%	47,6 k €	+22683481%	0,2 €	-100.0%	4,2 k €	+74.5%	2,4 k €	-69.0%	7,8 k €	+1228%	587,9 €
Debts	2,3 M €	+12.3%	2,1 M €	-1.3%	2,1 M €	-35.8%	3,3 M €	+80.4%	1,8 M €	+121%	821,3 k €	+5.9%	775,7 k €	+48.5%	522,3 k €	+293%	132,9 k €	+9.0%	122 k €	+181%	43,5 k €	+29.6%	33,5 k €	+50.0%	22,4 k €	-44.9%	40,6 k €
Other
Workforce	2,0 ETP	-23.1%	2,6 ETP	-10.3%	2,9 ETP		–		–		–		–		–		–		–		1,3 ETP	+30.0%	1,0 ETP		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 7 ended

Active mandates

Frédéric MAELFAIT

Director · since 18 août 2011

Active

Ended mandates

Jens PIESSENS

Director · since 01 juillet 2016

Ended

Frederic Maelfait

Manager

Ended

Frédéric Maelfait

bestuurder

Ended

Frédéric Maelfait

Director

Ended

At this address

Other companies at this address

Company	CBE no.
Beau'4 Properties● Active	0748.614.227
FM ELEKTRICITEIT● Active	1033.239.149

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Micro model	Micro model	Micro 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	23/07/2026	30/07/2025	30/07/2024	28/07/2023	28/07/2022	22/07/2021
General meeting	19/06/2026	30/06/2025	30/06/2024	30/06/2023	30/06/2022	18/06/2021
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

14 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	19/06/2026	23/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	30/07/2025	Dutch	PDF
Abridged model	31/12/2023	30/06/2024	30/07/2024	Dutch	PDF
Micro model	31/12/2022	30/06/2023	28/07/2023	Dutch	PDF
Micro model	31/12/2021	30/06/2022	28/07/2022	Dutch	PDF
Micro model	31/12/2020	18/06/2021	22/07/2021	Dutch	PDF
Micro model	31/12/2019	31/07/2020	28/08/2020	Dutch	PDF
Micro model	31/12/2018	21/06/2019	29/08/2019	Dutch	PDF
Micro model	31/12/2017	31/07/2018	30/08/2018	Dutch	PDF
Micro model	31/12/2016	31/07/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	31/08/2016	26/09/2016	Dutch	PDF
Abridged model	31/12/2014	31/08/2015	29/09/2015	Dutch	PDF
Abridged model	31/12/2013	20/06/2014	30/06/2014	Dutch	PDF
Abridged model	31/12/2012	21/06/2013	24/06/2013	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 7 ended

Active mandates

Frédéric MAELFAIT

Director · since 18 août 2011

Active

Ended mandates

Jens PIESSENS

Director · since 01 juillet 2016

Ended

Frederic Maelfait

Manager

Ended

Frédéric Maelfait

bestuurder

Ended

Frédéric Maelfait

Director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates22/01/2026
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/06/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/11/2016
ONTSLAGEN - BENOEMINGEN
PDF
Registered office10/03/2015
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares07/05/2012
KAPITAAL - AANDELEN
PDF
Other06/09/2011
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 2025218,5 k €↑
2025
Name changeFM Management Solutions
2024
Annual accounts 2024-10,7 k €↓
2023
Annual accounts 202345,9 k €↑
2022
Annual accounts 2022-69,4 k €↓
2021
Annual accounts 202147,2 k €↑
2021
Name changeFM elektriciteit
2020
Annual accounts 202010 k €↓
2019
Annual accounts 201938,9 k €↓
2018
Annual accounts 201844,7 k €↑
2017
Annual accounts 201717,2 k €↑
2016
Annual accounts 201611,6 k €↑
2015
Annual accounts 20157,2 k €↑
2014
Annual accounts 2014-2,9 k €↓
2013
Annual accounts 20131,2 k €↓
2012
Annual accounts 201218,5 k €
18/08/2011
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 MANAGEMENT SOLUTIONS

Overview

What does FM MANAGEMENT SOLUTIONS do?

Trend over 14 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