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CIMG BELGIUM

Active
Public limited companyfounded 2004active for 22 yearsRue Sainte-Barbe 16, 4624 Fléron, BelgiumKBO/BCE: BE 0864.007.308
Summary

The computed 12-month bankruptcy probability of CIMG BELGIUM is 3.8% (moderate). The 2025 annual accounts show negative equity (-€676,449) and a net result of -€35,498. Equity has been shrinking by about 7.3% per year since 2018. Its solvency ranks better than 5% of 2,334 sector peers (NACE 25, financial year 2025). The company has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 12-03-2004 Normal situation
Activity
Manufacture of metal structures and parts of structures NACE 25110and 3 others
Joint committees
111 Paritair Comité voor de metaal-, machine- en elektrische bouw
209 Paritair Comité voor de bedienden der metaalfabrikatennijverheid · annual accounts 2022
Establishment unit
2.136.047.193 4624 Fléron, since 19-03-2004
Financial year end
31 December
Peppol
Reachable since 15-01-2026

Board and ownership

Board

Financial position

46 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.8%
Annual accounts 2025
Gross margin
€126,135
▲ 33.9%
Turnover
≈ €320,000
estimated
Loss
€35,498
▼ 31.0%
Equity
-€676,449
▼ 5.5%
Total assets
€57,725
▲ 11.6%
Employees on 31-12-2025
5
=
  • Negative equity on 31-12-2025
Score breakdownraises riskLoss of €35,498, the second in a row (financial year 2025)Negative equity -€676,4491 change of registered office in 24 monthslowers riskSize: total assets €57,725Show the evidence

Checked score

Score 2025
46 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 8% of micro companies in fabricated metal products (NACE 25)
Financial strength · tick: 2024
Weak
Solvency 0=
equity -1171.8% of total assets
Liquidity 0=
short-term debt 1269.4%
Profitability 0=
return on assets -61.5%
Bankruptcy probability within 12 months
3.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,708 companies, NACE 25, micro)
Last 24 months 12-2024: 2.2% 01-2025: 2.2%● unchanged vs 12-2024 02-2025: 2.2%● unchanged vs 01-2025 03-2025: 2.2%● unchanged vs 02-2025 04-2025: 2.2%● unchanged vs 03-2025 05-2025: 2.1%▼ -0.1 percentage points vs 04-2025lowest value 06-2025: 2.4%▲ +0.3 percentage points vs 05-2025 07-2025: 2.4%● unchanged vs 06-2025 08-2025: 2.4%● unchanged vs 07-2025 09-2025: 2.4%● unchanged vs 08-2025 10-2025: 2.4%● unchanged vs 09-2025 11-2025: 2.4%● unchanged vs 10-2025 12-2025: 2.4%● unchanged vs 11-2025 01-2026: 3.8%▲ +1.4 percentage points vs 12-2025 02-2026: 3.8%● unchanged vs 01-2026 03-2026: 3.7%▼ -0.1 percentage points vs 02-2026 04-2026: 3.8%▲ +0.1 percentage points vs 03-2026 05-2026: 3.9%▲ +0.1 percentage points vs 04-2026highest value 06-2026: 3.8%▼ -0.1 percentage points vs 05-2026 07-2026: 3.8%● unchanged vs 06-2026 08-2026: 3.8%● unchanged vs 07-2026 09-2026: 3.8%● unchanged vs 08-2026 10-2026: 3.8%● unchanged vs 09-2026 11-2026: 3.8%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.08 (0.07 in 2024), below 1. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 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 25, micro). It does better than 3% of them on solvency, 0% on liquidity, 4% on profitability and 27% on growth.

The bankruptcy probability was computed on 04-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €57,725
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Loss of €35,498, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Negative equity -€676,449
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€676,449
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 03-06-2026, 58 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
58 days early
2024
93 days early
2023
85 days early
2022
99 days early
2021
83 days early
2020
89 days early
2019
65 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 82 days before the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 8 May (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€676,449 View
  • Risk: 8 loss-making years in a rowloss in financial year 2025 -€35,498 View
  • Caution: Lower solvency than 95% of companies in fabricated metal productssector median 44.2% · 2,334 companies -1171.8% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Recent changes

  1. · Gazette deed Registered office moved from Romsee to RomséeNew seat: Rue Sainte Barbe 16 à 4624 Romsée · Previous seat: RUE WINSTON CHURCHILL 26 4624 ROMSEE · Reappointments: Philippe Minguet (director and managing director) and Yvette Geron (director and managing director)
  2. · Gazette deed Incorporation
All 13 events

Comparable companies

These companies have the same main activity as CIMG BELGIUM: manufacture of metal structures and parts of structures (NACE 25110). They are comparable in size and age: total assets between €46,800 and €110,000, founded between 1999 and 2008.

CompanyTotal assetsGross margin
CIMG BELGIUM Fléron€57,725€126,135
R.m.T. Construct Lint€64,781€130,689
GMB SERVICES Bocholt€87,705€106,065
PROFIL-CONSTRUCT Malle€95,527€108,126
E.V.D.S. Gent€106,723€107,265
INTERCLIM Schaarbeek€46,791€61,871
Ferronnerie GRAVITZ Kapelle-op-den-Bos€110,052€100,239
Full comparison

Key facts about CIMG BELGIUM

What is the company number of CIMG BELGIUM?
The company number of CIMG BELGIUM is 0864.007.308. The VAT number is the same number with BE in front: BE 0864.007.308.
Where is CIMG BELGIUM based?
The registered office is at Rue Sainte-Barbe 16, 4624 Fléron.Company details
What does CIMG BELGIUM do?
According to the KBO register, the main activity is manufacture of metal structures and parts of structures (NACE 25110).
What is the legal form of CIMG BELGIUM?
The legal form of CIMG BELGIUM is Public limited company (NV).
When was CIMG BELGIUM founded?
CIMG BELGIUM was founded on 12-03-2004.
Is CIMG BELGIUM still active?
Yes, CIMG BELGIUM is an active enterprise in the KBO register.
How many employees does CIMG BELGIUM have?
CIMG BELGIUM had an average of 5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does CIMG BELGIUM fall under?
In its 2022 annual accounts, CIMG BELGIUM states joint committees 111 (Paritair Comité voor de metaal-, machine- en elektrische bouw) and 209 (Paritair Comité voor de bedienden der metaalfabrikatennijverheid).
What is the turnover of CIMG BELGIUM?
The turnover in financial year 2025 is ≈ €320,000. This figure is estimated from the gross margin of €126,135 and 2,215 comparable companies of the same size. It probably lies between €210,000 and €490,000. It is a rough estimate. In financial year 2022 turnover was €367,848.
Is CIMG BELGIUM profitable?
In financial year 2025, CIMG BELGIUM made a loss of €35,498.
Where can I find the annual accounts of CIMG BELGIUM?
CIMG BELGIUM filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CIMG BELGIUM due?
CIMG BELGIUM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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