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BELGIMM

Active
Public limited companyfounded 1993active for 33 yearsAlbert Giraudlaan 9, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0449.574.709
Summary

BELGIMM has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€115,985) and a net result of -€7,310. Equity is shrinking by about 7% per year across the filed financial years. Its solvency ranks better than 5% of 6,071 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Agents specialised in the wholesale of other particular products
NACE 46180
1 site
Size
€328,868total assets 2025
Equity
-€115,985
Loss
-€7,310
Financial health
54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
Parent
IMMIFIN · 100%
Accounts 19 days early0 of 6 deeds read
Why 54raises riskCapped at 59: negative equityNegative equity -€115,985lowers riskSize: total assets €328,868Founded in 1993Liquidity: current ratio 0.37, cash €64,846Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 26% of its sector peers (NACE 46, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 0=
equity -35.3% of total assets
Liquidity 25-3
short-term debt 134.4% · cash 19.7%
Profitability 66+1
return on assets -2.2%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,862 companies, NACE 46, micro)
Last 24 months 11-2024: 0.5% 12-2024: 0.4%▼ -0.1 percentage points vs 11-2024 01-2025: 0.5%▲ +0.1 percentage points vs 12-2024highest value 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.4%▼ -0.1 percentage points vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.5%▲ +0.1 percentage points vs 12-2025 02-2026: 0.4%▼ -0.1 percentage points vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026lowest value
No credit on open account
Liquidity insufficient (current ratio 0.37, compared with 0.37 in 2024; short-term debt: 134.4% and cash: 19.7% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro): better than 6% on solvency, 23% on liquidity, 48% on profitability and 29% on growth.

The bankruptcy probability was computed on 09-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Negative equity -€115,985
NBB · annual accounts
lowers risk · Size: total assets €328,868
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1993
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 0.37, cash €64,846
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€115,985
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 12-01-2026, 19 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
19 days early
2024
7 days early
2023
on the day
2022
4 days early
2021
13 days early
2020
4 days early
2019
24 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 10 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 24 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end09-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Annual accounts filedfinancial year 2024 · full…
  3. Annual accounts filedfinancial year 2023 · full…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€115,985 View
  • Risk: 3 loss-making years in a rowloss financial year 2025 -€7,310 View
  • Caution: Among the weakest 5% on solvencysector median 45.6% · 6,071 companies -35.3% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by IMMIFIN 100% View

By topic

Financials

Financial year
2025
Total assets
€328,868
Loss
-€7,310
Solvency
-35.3%
Total assets▼ 4.5%
Net result
20192025
Go to Financials

Timeline

Events
35
Since
1995
Next accounts
by 31-01-2027
  1. 27-01-2023Annual accounts filed
  2. 30-06-2022Highest result from 2019 to 2025
  3. 18-01-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Agents specialised in the wholesale of other particular…NACE 46180
Founded
04-03-1993
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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