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ANICMA

Active
Private limited companyfounded 20224 yrs activeNotelarendreef 21, 8200 Brugge, BelgiumKBO/BCE: BE 0789.259.504
Summary

ANICMA has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€110,332) and a net result of €49,448. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 12% of 184 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

What they do
Production of electricity from non-renewable sources
NACE 35110
1 site
How big
€4.2mtotal assets 2025
Equity
-€110,332
Profit
€49,448
Turnover not published (abridged schema)
Financially healthy?
52 Fair Checked score 2025
Bankruptcy chance 12 m
0.8%
Who decides
Holdings
1
Accounts 30 d early0 of 2 deeds read
Why 52- Limited track record- Weak solvency vs sector+ Lower-failure-rate sector+ Annual accounts: healthy financial profileLatest accounts filed on timeShow the evidence

Checked score

Score 2025
Axes · tick = 2024
Profitability44▲+30
Solvency22▲+1
Growth58▲+26
Track record94
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 4.26 against 3.22 in 2024; short-term debt: 3.9% and cash: 2.2% of total assets), but equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 35
Relative position
BE, all sectors
reference
Electricity, gas, steam and air conditioning supply (NACE 35)
about 42% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-2.6%
Return on assets
1.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 184 sector peers (2025).
NBB · sector comparison
Position among 184 sector peers
Solvency
better than 12%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
30 d early
2024
1 d early
2023
21 d early
2022
32 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 21 days before the deadline; the sector median for financial year 2024 is 22 days before the deadline, and 27% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 6 July (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Back to profitnet €49,448
  3. Annual accounts filedfiscal year 2024 · micro…

Financials

Fiscal year 2025Total assets €4.2mProfit €49,448Solvency -2.6%Liquidity 4.26
Total assets
€4.2m▲ 5.9%
2022 - 2025
Net result
€49,448
2022 - 2025
Equity
-€110,332▲ 30.9%
2022 - 2025
Solvency
-2.6%▲ 1.4pp
2022 - 2025

Financials · fiscal year 2025, micro schema

Trend over the years4 fiscal years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 35, Electricity, gas, steam and air conditioning supply, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line2022202320242025
Operating result-€0.07m-€0.02m-€0.2m€0.09m
Net result-€0.08mbelow the sector's middle half-€0.08mabove the sector's middle half-€0.2mbelow the sector's middle half€0.05mabove the sector's middle half
Equity-€0.08mbelow the sector's middle half-€0.002mbelow the sector's middle half-€0.2mbelow the sector's middle half-€0.1mbelow the sector's middle half▲ 30.9%
Total assets€1.7mabove the sector's middle half-€1.8mabove the sector's middle half▲ 7.0%€3.9mabove the sector's middle half▲ 114%€4.2mabove the sector's middle half▲ 5.9%
Debt€1.8m-€1.8m▲ 2.4%€4.1m▲ 123%€4.3m▲ 4.4%
Working capital-€0.7mbelow the sector's middle half--€0.6mbelow the sector's middle half▲ 10.6%€0.3mabove the sector's middle half€0.5mabove the sector's middle half▲ 58.1%
Solvency-4.4%below the sector's middle half-0.1%below the sector's middle half▲ 4.5pp-4.0%below the sector's middle half▼ 4.2pp-2.6%below the sector's middle half▲ 1.4pp
Current ratio0.09below the sector's middle half-0.19below the sector's middle half▲ 0.103.22within the sector's middle half▲ 3.034.26within the sector's middle half▲ 1.04
Return on assets (ROA)-4.4%below the sector's middle half-4.2%within the sector's middle half▲ 8.6pp-4.1%below the sector's middle half▼ 8.3pp1.2%within the sector's middle half▲ 5.3pp
above within below the middle half (P25 to P75) of NACE 35, Electricity, gas, steam and air conditioning supply, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet2025
Result per fiscal year
Operating resultNet result
-€200,000-€100,000€0€100,000Operating result 2022: -€74,895-€74,895Net result 2022: -€75,117-€75,117Operating result 2023: €20,741€20,741Net result 2023: €77,425€77,425Operating result 2024: -€175,693-€175,693Net result 2024: -€162,188-€162,188Operating result 2025: €90,539€90,539Net result 2025: €49,448€49,4482022202320242025-€200,000-€100,000€0€100,000Operating result 2023: €20,741€20,700Net result 2023: €77,425€77,400Operating result 2024: -€175,693-€176,000Net result 2024: -€162,188-€162,000Operating result 2025: €90,539€90,500Net result 2025: €49,448€49,400202320242025
The operating result returns to profit in 2025: €90,539 after a loss of €175,693 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.2m
Fixed assets €3.5m ▲ 0.7%
Current assets €699,711 ▲ 42.4%
Equity and liabilities
Equity-€110,332
Debt€4.3m
Equity is negative: debt (€4.3m) exceeds the balance-sheet total (€4.2m).
Key figures and ratios2025
Key figures and ratios
2025 value · change against 2024
EBITDA
€198,168▲
2024 · -€113,524
Cash flow
€157,077▲
2024 · -€100,019
Interest coverage
2.85▲
2024 · -3.43
Debt ≤ 1 year
€164,316▲
2024 · €152,717
Debt > 1 year
€4.1m▲
2024 · €4.0m
Income taxes
€627▲
2024 · €610
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 262 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 97% are still going.

  • Small
  • 2 to 5 years old
  • negative equity
  • a profit under 5% of the balance sheet
1.1% went bankrupt
0.8% stopped otherwise
97% still going

A further 0.8% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 262 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Filed annual accountsfiscal year 2025
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€3.9m€4.2m▲
Fixed assets21/28€3.5m€3.5m▲
Tangible fixed assets22/27€3.2m€3.2m▲
Land and buildings22€3.1m€3.0m▼
Plant, machinery and equipment23€0.1m€0.2m▲
Furniture and vehicles24€0.01m€0.007m▼
Financial fixed assets28€0.3m€0.3m=
Current assets29/58€0.5m€0.7m▲
Amounts receivable within one year40/41€0.002m€0.003m▲
Other amounts receivable41€0.002m€0.003m▲
Current investments50/53€0.4m€0.6m▲
Cash at bank and in hand54/58€0.09m€0.09m▲
Deferred charges and accrued income490/1€0.003m€0.008m▲
Equity and liabilities
Total equity and liabilities10/49€3.9m€4.2m▲
Equity10/15-€0.2m-€0.1m▲
Contributions10/11€100€100=
Profit (loss) carried forward14-€0.2m-€0.1m▲
Amounts payable17/49€4.1m€4.3m▲
Amounts payable after more than one year17€4.0m€4.1m▲
Financial debts170/4€2.9m€2.9m▲
Other amounts payable178/9€1.1m€1.2m▲
Amounts payable within one year42/48€0.2m€0.2m▲
Current portion of amounts payable after more than one year42€0.09m€0.1m▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€0.06m€0.06m▼
Suppliers440/4€0.06m€0.06m▼
Taxes, remuneration and social security45€0.001m€0▼
Taxes450/3€0.001m€0▼
Other amounts payable47/48€0-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.06m€0.1m▲
Other operating charges640/8€0.01m€0.01m▲
Non-recurring operating charges66A€0.2m€63▼
Gross operating margin9900€0.1m€0.2m▲
Operating profit (loss)9901-€0.2m€0.09m▲
Financial income75/76B€0.05m€0.03m▼
Recurring financial income75€0.05m€0.03m▼
Financial charges65/66B€0.03m€0.07m▲
Recurring financial charges65€0.03m€0.07m▲
Profit (loss) for the period before taxes9903-€0.2m€0.05m▲
Income taxes67/77€0.001m€0.001m▲
Profit (loss) for the period9904-€0.2m€0.05m▲
Profit (loss) for the period to be appropriated9905-€0.2m€0.05m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€0.2m-€0.1m▲
Profit (loss) brought forward from the previous period14P€0.002m-€0.2m▼

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€91,531€31,614€62,169€107,629▲ 73.1%
Other operating charges640/8€3,400€7,757€13,837€14,074▲ 1.7%
Non-recurring operating charges66A--€212,219€63▼ 100.0%
Gross operating margin9900€20,036€60,112€112,532€212,305▲ 88.7%
Operating profit (loss)9901-€74,895€20,741-€175,693€90,539▲ 152%
Financial income75/76B-€59,012€47,170€28,973▼ 38.6%
Recurring financial income75-€59,012€47,170€28,973▼ 38.6%
Financial charges65/66B€16€1,725€33,055€69,437▲ 110%
Recurring financial charges65€16€1,725€33,055€69,437▲ 110%
Profit (loss) for the period before taxes9903-€74,910€78,028-€161,578€50,075▲ 131%
Income taxes67/77€206€603€610€627▲ 2.9%
Profit (loss) for the period9904-€75,117€77,425-€162,188€49,448▲ 130%
Profit (loss) for the period to be appropriated9905-€75,117€77,425-€162,188€49,448▲ 130%
Line2022202320242025Change
Assets
Total assets20/58€1.7m€1.8m€3.9m€4.2m▲ 5.9%
Fixed assets21/28€1.7m€1.7m€3.5m€3.5m▲ 0.7%
Tangible fixed assets22/27€1.4m€1.4m€3.2m€3.2m▲ 0.7%
Land and buildings22€1.4m€1.3m€3.1m€3.0m▼ 2.7%
Plant, machinery and equipment23-€0.07m€0.1m€0.2m▲ 93.8%
Furniture and vehicles24€0.01m€0.01m€0.01m€0.007m▼ 33.9%
Financial fixed assets28€0.3m€0.3m€0.3m€0.3m=
Current assets29/58€0.07m€0.1m€0.5m€0.7m▲ 42.4%
Amounts receivable within one year40/41€0.001m€147€0.002m€0.003m▲ 39.5%
Other amounts receivable41€0.001m€147€0.002m€0.003m▲ 39.5%
Current investments50/53-€0.07m€0.4m€0.6m▲ 48.8%
Cash at bank and in hand54/58€0.07m€0.08m€0.09m€0.09m▲ 8.9%
Deferred charges and accrued income490/1-€0.002m€0.003m€0.008m▲ 176%
Equity and liabilities
Total equity and liabilities10/49€1.7m€1.8m€3.9m€4.2m▲ 5.9%
Equity10/15-€0.08m€0.002m-€0.2m-€0.1m▲ 30.9%
Contributions10/11€100€100€100€100=
Profit (loss) carried forward14-€0.08m€0.002m-€0.2m-€0.1m▲ 30.9%
Amounts payable17/49€1.8m€1.8m€4.1m€4.3m▲ 4.4%
Amounts payable after more than one year17€1.0m€1.0m€4.0m€4.1m▲ 4.3%
Financial debts170/4€1.0m€1.0m€2.9m€2.9m▲ 0.6%
Other amounts payable178/9--€1.1m€1.2m▲ 14.3%
Amounts payable within one year42/48€0.8m€0.8m€0.2m€0.2m▲ 7.6%
Current portion of amounts payable after more than one year42-€0.01m€0.09m€0.1m▲ 16.8%
Financial debts43€13€12€0--
Credit institutions430/8€13€12€0--
Trade debts44€0.004m€0.003m€0.06m€0.06m▼ 4.1%
Suppliers440/4€0.004m€0.003m€0.06m€0.06m▼ 4.1%
Advances received on contracts in progress46€30€0---
Taxes, remuneration and social security45€0.001m€0.002m€0.001m€0▼ 100%
Taxes450/3€0.001m€0.002m€0.001m€0▼ 100%
Other amounts payable47/48€0.8m€0.8m€0--
Line2022202320242025Change
Profit (loss) for the period9904-€0.08m€0.08m-€0.2m€0.05m▲ 130%
+ Depreciation and write-downs630€0.09m€0.03m€0.06m€0.1m▲ 73.1%
Operating cash flow (approximation)€0.02m€0.1m-€0.1m€0.2m▲ 257%
Investment in fixed assets (approximation)--€0.08m-€1.8m-€0.1m▲ 92.8%
Change in cash-€0.006m€0.01m€0.008m▼ 22.2%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Comparable companies5

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 814 companies in this sector we hold annual accounts for 632. See the whole sector

Board & ownership

1 holding

Directors

Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 1

According to the 2025 annual accounts of ANICMA and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No directors read yet: 0 of 2 Gazette acts processed.

Timeline

8 eventsLatest 01-07-2026Next filing 31-07-2027

History

ANICMA was incorporated on 1 August 2022 as a Private limited company.1 Total assets rose from €1.7m in 2022 to €4.2m in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2025

Acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
01-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Back to profitnet €49,448
Net result €49,448 after one loss-making year.
30-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet -€162,188
Net result drops to -€162,188, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity times 17current ratio 3.22
Current ratio from 0.19 to 3.22; short-term debt falls from €797,816 to €152,717.
10-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €77,425
Net result €77,425 after one loss-making year.
29-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Company details

Private limited company · founded 01-08-2022Year ends 31-12Peppol reachable1 site

Register details

Identification
Legal formPrivate limited company
Founded01-08-2022
Fiscal year end31-12
Activities, NACEBEL 2025
35110Production of electricity from non-renewable sources
68203Renting and operating of own or leased non-residential real estate, excluding land
96220Beauty care and other beauty treatments
E-invoicing
Reachable via Peppol
Peppol ID 0208:0789259504
Registered 07-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint
Registered office, Brugge · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
1,351 m²
Building footprint
262 m²
Volume, LiDAR
1,447 m³
2 parcels, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ANICMA
Nieuwenhovedreef 32, 8490 JabbekeBeauty care and other beauty treatments
since 2022unit no. 2.333.935.113
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31030A0149/00K002 Flanders 719 m² 1 · 157 m² 8.4 m · 2 fl.
31035C0387/00G003 Flanders 633 m² 1 · 105 m² 9.0 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

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