The increasing complexity of Field-Programmable Gate Array (FPGA) applications necessitates high-level design and formal verification. Traditional approaches often fall short, prompting a shift towards Model-Driven Development (MDD) strategies utilising executable models. Executable models simplify the design process by directly translating high-level, human-readable models into executable code, eliminating manual transcoding errors. However, the challenge of verifying these models in an automated manner remains largely unsolved. The contribution of this paper is a model-driven software engineering methodology utilising logic-labelled finite-state machines (LLFSMs) that enable the automated generation of executable FPGA code from high-level, human-readable models as well as associated Kripke structures for the verification (through model-checking) of high-level executable models running on FPGA platforms. We present a method that utilises the semantics of logic-labelled finite state machines on an FPGA to significantly reduce the size of the created Kripke structures compared with existing LLFSM approaches.