CONIMA
ActiveSummary
CONIMA has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €445,701 and a net result of -€16,460. Equity is growing by about 6.7% per year across the filed financial years. Its solvency ranks better than 91% of 826 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
- Staff
- 0.1 FTE
- Equity
- €445,701
- Loss
- -€16,460
Why 87raises riskSector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)Loss of €16,460 (financial year 2025)lowers riskEquity €445,701 (84.2% of total assets)Founded in 1992Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 25, micro): better than 90% on solvency, 59% on liquidity, 13% on profitability and 29% on growth.
The bankruptcy probability was computed on 27-10-2026 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
This company filed its last 7 accounts on average 12 days before the deadline; the sector median (NACE 25) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · full…
- Weakest financial yearnet -€16,460
- Annual accounts filedfinancial year 2024 · full…
Financials · financial year 2025, full format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result turns negative in 2025: a loss of €12,608 after €29,651 in 2024, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 25, Manufacture of fabricated metal products, except machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 12,322 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90.3% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 0.9% |
| 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 74.5% 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 12,322 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €8,000 | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €54,868 | €61,573 | €60,957 | €19,007 | €5,817 | ▼ 69.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,340 | €2,340 | €1,325 | €1,326 | €6,309 | €15,801 | €15,160 | €15,670 | ▲ 3.4% |
| Other operating charges640/8 | - | - | - | €6,452 | €6,408 | €2,496 | €2,003 | €3,075 | ▲ 53.5% |
| Non-recurring operating charges66A | - | - | - | - | - | - | €32,624 | - | - |
| Gross operating margin9900 | €203,677 | €279,388 | €242,616 | €242,707 | €215,297 | €95,166 | €98,445 | €11,954 | ▼ 87.9% |
| Operating profit (loss)9901 | €140,635 | €221,875 | €189,097 | €180,061 | €141,007 | €15,912 | €29,651 | -€12,608 | - |
| Financial income75/76B | - | - | - | €1,324 | €929 | €494 | €5,300 | €6,778 | ▲ 27.9% |
| Recurring financial income75 | €7,763 | €2,964 | €2,027 | €1,324 | €929 | €494 | €5,300 | €6,778 | ▲ 27.9% |
| Financial charges65/66B | - | - | - | €12,771 | €11,361 | €7,987 | €5,102 | €10,302 | ▲ 102% |
| Recurring financial charges65 | €14,613 | €12,568 | €10,225 | €12,771 | €11,361 | €7,987 | €5,102 | €8,481 | ▲ 66.2% |
| Non-recurring financial charges66B | - | - | - | - | - | - | - | €1,821 | - |
| Profit (loss) for the period before taxes9903 | €133,785 | €212,271 | €180,899 | €168,614 | €130,575 | €8,419 | €29,849 | -€16,132 | - |
| Income taxes67/77 | €34,556 | €83,238 | €46,089 | €39,560 | €38,767 | €4,019 | €16,243 | €328 | ▼ 98.0% |
| Profit (loss) for the period9904 | €99,229 | €129,033 | €134,810 | €129,054 | €91,808 | €4,400 | €13,606 | -€16,460 | - |
| Profit (loss) for the period to be appropriated9905 | €99,229 | €129,033 | €134,810 | €129,054 | €91,808 | €4,400 | €13,606 | -€16,460 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €529,648 | €633,867 | €688,956 | €624,172 | €702,671 | €605,682 | €557,601 | €529,230 | ▼ 5.1% |
| Fixed assets21/28 | €10,955 | €11,353 | €12,593 | €11,267 | €80,755 | €64,954 | €49,794 | €36,831 | ▼ 26.0% |
| Tangible fixed assets22/27 | €1,655 | €2,053 | €3,293 | €1,967 | €71,455 | €55,654 | €40,494 | €27,531 | ▼ 32.0% |
| Furniture and vehicles24 | - | - | - | €1,967 | €71,455 | €55,654 | €40,494 | €27,531 | ▼ 32.0% |
| Financial fixed assets28 | €9,300 | €9,300 | €9,300 | €9,300 | €9,300 | €9,300 | €9,300 | €9,300 | = |
| Current assets29/58 | €518,693 | €622,514 | €676,363 | €612,905 | €621,916 | €540,728 | €507,807 | €492,399 | ▼ 3.0% |
| Stocks and contracts in progress3 | €39,462 | €41,645 | €32,488 | €31,597 | €27,837 | €27,784 | €23,330 | €13,024 | ▼ 44.2% |
| Stocks30/36 | - | - | - | €31,597 | €27,837 | €27,784 | €23,330 | €13,024 | ▼ 44.2% |
| Amounts receivable within one year40/41 | €249,117 | €303,576 | €284,434 | €201,670 | €163,070 | €122,722 | €155,611 | €225,068 | ▲ 44.6% |
| Trade receivables40 | - | - | - | €88,827 | €74,368 | €12,141 | €27,634 | €48,392 | ▲ 75.1% |
| Other amounts receivable41 | - | - | - | €112,843 | €88,702 | €110,581 | €127,977 | €176,676 | ▲ 38.1% |
| Current investments50/53 | - | - | - | - | - | €200,000 | €200,000 | €200,000 | = |
| Cash at bank and in hand54/58 | €230,114 | €277,293 | €359,441 | €379,638 | €431,009 | €190,222 | €128,866 | €54,307 | ▼ 57.9% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €529,648 | €633,867 | €688,956 | €624,172 | €702,671 | €605,682 | €557,601 | €529,230 | ▼ 5.1% |
| Equity10/15 | €239,450 | €298,483 | €363,293 | €422,347 | €444,155 | €448,555 | €462,161 | €445,701 | ▼ 3.6% |
| Contributions10/11 | €50,002 | €50,002 | - | €50,002 | €50,002 | €50,002 | €50,002 | €50,002 | = |
| Reserves13 | €14,274 | €14,274 | €14,274 | €14,274 | €106,082 | €110,482 | €124,088 | €124,088 | = |
| Non-distributable reserves130/1 | - | - | - | €5,000 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €5,000 | - | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | €3,500 | €3,500 | €3,500 | €3,500 | €3,500 | = |
| Distributable reserves133 | - | - | - | €5,774 | €102,582 | €106,982 | €120,588 | €120,588 | = |
| Profit (loss) carried forward14 | €175,174 | €234,207 | €299,017 | €358,071 | €288,071 | €288,071 | €288,071 | €271,611 | ▼ 5.7% |
| Amounts payable17/49 | €290,198 | €335,384 | €325,663 | €201,825 | €258,516 | €157,127 | €95,440 | €83,529 | ▼ 12.5% |
| Amounts payable within one year42/48 | €290,198 | €335,384 | €325,663 | €201,825 | €258,516 | €157,127 | €95,440 | €83,529 | ▼ 12.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | - | €44,055 | €22,741 | - | - |
| Trade debts44 | €171,583 | €162,152 | €161,806 | €52,999 | €92,038 | €78,995 | €33,316 | €53,299 | ▲ 60.0% |
| Suppliers440/4 | - | - | - | €52,999 | €92,038 | €78,995 | €33,316 | €53,299 | ▲ 60.0% |
| Taxes, remuneration and social security45 | - | - | - | €69,526 | €87,178 | €24,777 | €30,083 | €20,930 | ▼ 30.4% |
| Taxes450/3 | - | - | - | €64,712 | €82,226 | €18,408 | €27,623 | €20,930 | ▼ 24.2% |
| Remuneration and social security454/9 | - | - | - | €4,814 | €4,952 | €6,369 | €2,460 | - | - |
| Other amounts payable47/48 | - | - | - | €79,300 | €79,300 | €9,300 | €9,300 | €9,300 | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €99,229 | €129,033 | €134,810 | €129,054 | €91,808 | €4,400 | €13,606 | -€16,460 | - |
| + Depreciation and write-downs630 | €7,340 | €2,340 | €1,325 | €1,326 | €6,309 | €15,801 | €15,160 | €15,670 | ▲ 3.4% |
| Operating cash flow (approximation) | €106,569 | €131,373 | €136,135 | €130,380 | €98,117 | €20,201 | €28,766 | -€790 | - |
| Investment in fixed assets (approximation) | - | -€2,738 | -€2,565 | €0 | -€75,797 | €0 | €0 | -€2,707 | - |
| Change in cash | - | €47,179 | €82,148 | €20,197 | €51,371 | -€240,787 | -€61,356 | -€74,559 | ▼ 21.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 33 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 08-06-2026 | 2026-00143219 |
| 31-12-2024 | full format | 26-06-2025 | 2025-00180399 |
| 31-12-2023 | full format | 27-06-2024 | 2024-00172638 |
| 31-12-2022 | full format | 21-08-2023 | 2023-00336925 |
| 31-12-2021 | full format | 22-08-2022 | 2022-20301140 |
| 31-12-2020 | full format | 23-08-2021 | 2021-51600163 |
| 31-12-2019 | full format | 01-07-2020 | 2020-24100005 |
| 31-12-2018 | micro format | 13-08-2019 | 2019-45800585 |
| 31-12-2017 | full format | 16-07-2018 | 2018-33700172 |
| 31-12-2016 | full format | 29-08-2017 | 2017-51400564 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| NIETO LOMBAS Carlos |
|
| NIETO-COBO Martin |
|
Owners and capital
Capital and shareholders
- 07-07-2023 Converted to unavailable equity · €50,000
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
07-07
Gazette deed
Resignation: NIETO-COBO Martin (administrateur actuel ex gérant)Appointment: NIETO LOMBAS Carlos (director) · Amendment of the articles · Legal-form conversion12 facts ▸
- Amendment of the articles (2 times)
- Legal-form conversion, “société à responsabilité limitée” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Reserve release, “supprimer le compte de capitaux propres statutairement indisponible, rendre ces fonds disponibles pour distribution” (deed in French)
- Capital
- Director resignation, NIETO-COBO Martin (administrateur actuel ex gérant)
- Director discharge, NIETO-COBO Martin
- Board rule, 1
- Director appointment, NIETO LOMBAS Carlos (director (not named in the articles))
- Registered office clause, “Région de Bruxelles-Capitale, 1070 Bruxelles, Quai d'Aa”, 7 (deed in French)
- Power of attorney
- Power of attorney, Bernard DEWITTE
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21306D0171/00B002 | Brussels | 1,638 m² | 1 · 1,194 m² | 8.1 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “La société a pour objet, le travail à façon pour applications diverses dans le domaine sanitaire, et notamment sans que la présente…” (deed in French)
5 activities (deed in French)
- La société a pour objet, le travail à façon pour applications diverses dans le domaine sanitaire, et notamment sans que la présente énumération soit limitative, la robinetterie, les raccords en tous genres valves, et compléments divers aux sanitaires, et notamment les travaux de décolletage des métaux.
- Elle pourra également exécuter directement ou faire exécuter en sous-traitance tous travaux similaires, connexes ou accessoires aux appareillages sanitaires dans le sens le plus large du terme et assurer toutes représentations commerciales d'usines belges ou d'établissements situés hors pays tant dans les domaines liés avec son objet qu'avec d'autres secteurs qui pourraient apporter, consolider ou soutenir la croissance de l'entreprise.
- Elle pourra réaliser son objet pour son propre compte ou pour le compte de tiers, en tous lieux, de toutes les manières et suivant les modalités qui lui paraîtront les mieux appropriées.
- Elle peut s'intéresser par voies d'apport, de fusion, de souscription, ou de toutes autres manières, dans toutes entreprises ou sociétés ayant en tout ou en partie, un objet similaire analogue ou connexe, ou de nature à favoriser le développement de son entreprise ou à faciliter l'écoulement de ses produits.
- Elle peut en outre accomplir toutes opérations industrielles commerciales, financières, mobilières et immobilières, se rattachant directement ou indirectement à son objet social, ou pouvant en faciliter l'extension, ou le développement.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- CONIMA
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, sièges administratifs, agences, ateliers, dépôts et succursales, tant en Belgique qu'à l'étranger” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Organe d'administration, 1” (deed in French)“Fixe ou proportionnelle, administrateur” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, registre des actions nominatives avec mentions requises par le Code des sociétés et des associations” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Frais de procédure et d'expertise pour moitié à charge du cédant et pour moitié à charge du ou des acquéreurs, proportionnellement au nombre…” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Apport en numéraire avec émission de nouvelles actions – Droit de préférence, organe qui procède à l'émission” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of June at 10:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Prévues pour modifications aux statuts, assemblée générale” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution pour quelque cause et à quelque moment que ce soit, désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments” (deed in French)