BIRGIMMO
ActiveSummary
BIRGIMMO has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €576,969 and a net result of €18,526. Equity remains stable across the filed fiscal years (±0.2% per year). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability67▲+8
Solvency94=
Growth57▲+17
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45,000 at 30 days acceptable
Liquidity ample (current ratio 14.29 against 7.88 in 2024; short-term debt: 0.9% and cash: 12% of total assets), and 30.5% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
69.5%
Return on assets
2.2%
Age of the figures
9 mo
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 28-05-2026, 64 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
64 d early
2024
73 d early
2023
70 d early
2022
87 d early
2021
45 d early
2020
33 d late
2019
398 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 13 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€78,668▲ 32.4%
2020 · €59,400
EBIT margin
16.7%▲ 60.1pp
2020 · -43.4%
Net result
€18,526▲ 31.6%
2024 · €14,074
Working capital
€94,724▲ 98.0%
2024 · €47,836
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€78,668▲ 32.4%
Operating result€13,171€40,529▲ 208%€32,733▼ 19.2%€39,053▲ 19.3%€44,245▲ 13.3%
Net result-€13,927▼ 549%€13,883€10,564▼ 23.9%€14,074▲ 33.2%€18,526▲ 31.6%
EBIT margin16.7%▲ 60.1pp
Equity€533,988▼ 2.5%€533,804=€544,368▲ 2.0%€558,443▲ 2.6%€576,969▲ 3.3%
Total assets€862,006▲ 38.2%€873,493▲ 1.3%€790,376▼ 9.5%€805,685▲ 1.9%€830,642▲ 3.1%
Debt€327,962▲ 348%€327,392▼ 0.2%€235,493▼ 28.1%€238,510▲ 1.3%€246,724▲ 3.4%
Working capital-€866€62,471€20,682▼ 66.9%€47,836▲ 131%€94,724▲ 98.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 13% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €830,642
Fixed assets
€728,788 ▼ 2.9%
Current assets
€101,854 ▲ 85.9%
Equity and liabilities €830,642
Equity
€576,969 ▲ 3.3%
Provisions
€6,950 ▼ 20.4%
Debt
€246,724 ▲ 3.4%
Debt's share of the balance-sheet total rises from 29.6% to 29.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€86,917▲
2024 · €81,619
Cash flow
€61,199▲
2024 · €56,641
Current ratio
14.29▲
2024 · 7.88
Debt to equity
0.43▲
2024 · 0.43
ROE
3.2%▲
2024 · 2.5%
ROA
2.2%▲
2024 · 1.7%
Interest coverage
5.40▲
2024 · 4.62
Debt ≤ 1 year
€7,130▲
2024 · €6,956
Debt > 1 year
€234,163▲
2024 · €226,273
Income taxes
€11,404▲
2024 · €9,094
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,684 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 14,684 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €78,668 | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €33,089 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €32,345 | €42,452 | €43,244 | €42,566 | €42,672 | ▲ 0.2% |
| Other operating charges640/8 | €7,454 | €8,398 | €9,789 | €9,697 | €8,991 | ▼ 7.3% |
| Gross operating margin9900 | €52,970 | €91,379 | €85,766 | €91,315 | €95,908 | ▲ 5.0% |
| Operating profit (loss)9901 | €13,171 | €40,529 | €32,733 | €39,053 | €44,245 | ▲ 13.3% |
| Financial income75/76B | - | - | €50 | €1 | €0 | ▼ 85.0% |
| Recurring financial income75 | - | - | €50 | €1 | €0 | ▼ 85.0% |
| Financial charges65/66B | €7,934 | €12,442 | €15,858 | €17,667 | €16,097 | ▼ 8.9% |
| Recurring financial charges65 | €7,934 | €12,442 | €15,858 | €17,667 | €16,097 | ▼ 8.9% |
| Profit (loss) for the period before taxes9903 | €5,237 | €28,087 | €16,926 | €21,386 | €28,148 | ▲ 31.6% |
| Transfer from deferred taxes780 | €2,681 | €1,826 | €1,782 | €1,782 | €1,782 | = |
| Income taxes67/77 | €21,845 | €16,031 | €8,144 | €9,094 | €11,404 | ▲ 25.4% |
| Profit (loss) for the period9904 | -€13,927 | €13,883 | €10,564 | €14,074 | €18,526 | ▲ 31.6% |
| Transfer from tax-exempt reserves789 | €6,256 | €7,305 | €7,130 | €7,130 | €7,130 | = |
| Profit (loss) for the period to be appropriated9905 | -€7,671 | €21,188 | €17,694 | €21,204 | €25,656 | ▲ 21.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €862,006 | €873,493 | €790,376 | €805,685 | €830,642 | ▲ 3.1% |
| Fixed assets21/28 | €839,664 | €801,978 | €762,988 | €750,893 | €728,788 | ▼ 2.9% |
| Tangible fixed assets22/27 | €839,497 | €801,810 | €762,821 | €750,726 | €728,621 | ▼ 2.9% |
| Land and buildings22 | €836,368 | €794,887 | €753,406 | €743,181 | €717,595 | ▼ 3.4% |
| Plant, machinery and equipment23 | - | €2,849 | €6,496 | €5,781 | €10,321 | ▲ 78.5% |
| Furniture and vehicles24 | €3,129 | €4,074 | €2,919 | €1,764 | €705 | ▼ 60.0% |
| Financial fixed assets28 | €167 | €167 | €167 | €167 | €167 | = |
| Current assets29/58 | €22,342 | €71,515 | €27,388 | €54,791 | €101,854 | ▲ 85.9% |
| Amounts receivable within one year40/41 | - | €477 | €1,856 | €2,762 | €906 | ▼ 67.2% |
| Other amounts receivable41 | - | €477 | €1,856 | €2,762 | €906 | ▼ 67.2% |
| Cash at bank and in hand54/58 | €21,426 | €70,939 | €24,106 | €50,385 | €99,599 | ▲ 97.7% |
| Deferred charges and accrued income490/1 | €916 | €100 | €1,426 | €1,644 | €1,349 | ▼ 17.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €862,006 | €873,493 | €790,376 | €805,685 | €830,642 | ▲ 3.1% |
| Equity10/15 | €533,988 | €533,804 | €544,368 | €558,443 | €576,969 | ▲ 3.3% |
| Contributions10/11 | €317,304 | €317,304 | €317,304 | €317,304 | €317,304 | = |
| Capital10 | €317,304 | €317,304 | €317,304 | €317,304 | €317,304 | = |
| Issued capital100 | €317,304 | €317,304 | €317,304 | €317,304 | €317,304 | = |
| Reserves13 | €223,734 | €216,500 | €227,065 | €241,139 | €259,665 | ▲ 7.7% |
| Non-distributable reserves130/1 | €31,730 | €31,730 | €31,730 | €31,730 | €31,730 | = |
| Legal reserve130 | €31,730 | €31,730 | €31,730 | €31,730 | €31,730 | = |
| Tax-exempt reserves132 | €82,004 | €60,631 | €53,501 | €46,372 | €39,242 | ▼ 15.4% |
| Distributable reserves133 | €110,000 | €124,139 | €141,833 | €163,037 | €188,693 | ▲ 15.7% |
| Profit (loss) carried forward14 | -€7,049 | - | - | - | - | - |
| Provisions and deferred taxes16 | €56 | €12,297 | €10,515 | €8,732 | €6,950 | ▼ 20.4% |
| Deferred taxes168 | €56 | €12,297 | €10,515 | €8,732 | €6,950 | ▼ 20.4% |
| Amounts payable17/49 | €327,962 | €327,392 | €235,493 | €238,510 | €246,724 | ▲ 3.4% |
| Amounts payable after more than one year17 | €302,924 | €312,912 | €225,587 | €226,273 | €234,163 | ▲ 3.5% |
| Other amounts payable178/9 | €302,924 | €312,912 | €225,587 | €226,273 | €234,163 | ▲ 3.5% |
| Amounts payable within one year42/48 | €23,208 | €9,044 | €6,706 | €6,956 | €7,130 | ▲ 2.5% |
| Trade debts44 | €20,924 | €5,359 | €1,126 | €961 | €398 | ▼ 58.6% |
| Suppliers440/4 | €20,924 | €5,359 | €1,126 | €961 | €398 | ▼ 58.6% |
| Taxes, remuneration and social security45 | €2,284 | €3,685 | €4,721 | €5,260 | €6,188 | ▲ 17.7% |
| Taxes450/3 | €2,284 | €3,685 | €4,721 | €5,260 | €6,188 | ▲ 17.7% |
| Other amounts payable47/48 | - | - | €859 | €734 | €544 | ▼ 25.9% |
| Accrued charges and deferred income492/3 | €1,830 | €5,436 | €3,200 | €5,282 | €5,431 | ▲ 2.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€13,927 | €13,883 | €10,564 | €14,074 | €18,526 | ▲ 31.6% |
| + Depreciation and write-downs630 | €32,345 | €42,452 | €43,244 | €42,566 | €42,672 | ▲ 0.2% |
| Operating cash flow (approximation) | €18,418 | €56,335 | €53,808 | €56,641 | €61,199 | ▲ 8.0% |
| Investment in fixed assets (approximation) | - | -€4,766 | -€4,254 | -€30,471 | -€20,567 | ▲ 32.5% |
| Change in cash | - | €49,512 | -€46,833 | €26,279 | €49,214 | ▲ 87.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €18,526 ▲31.6%
Operating result €44,245, net result €18,526, both a record.
19-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
22-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
05-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €13,883
Net result €13,883 after 2 loss-making years.
31-12
Financial
Liquidity times 8current ratio 7.91
Current ratio from 0.96 to 7.91; short-term debt falls from €23,208 to €9,044.
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet -€13,927
Net result drops to -€13,927, the lowest in the series; recovery starts the following year.
02-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 33 days late
02-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 398 days late
02-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 764 days late
2019
05-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 248 days late
2018
09-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 252 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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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Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kontich · 1 establishment unit since 1990
Ground area
752 m²
Building footprint
489 m²
Volume, LiDAR
3,318 m³
Parcel 11602C0370/00F000, Flanders · tallest building 13.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Gemeenteplein 18, 2550 Kontich
since 19902.363.197.340
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11602C0370/00F000 | Flanders | 752 m² | 1 · 489 m² | 13.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPublic limited company
Founded11-09-1990
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0441947638
Also
9925:BE0441947638
Registered
09-04-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.