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FABRIMMO

Active
Private limited company (pre-2019)founded 196858 yrs activeSteendam 72, 9000 Gent, BelgiumKBO/BCE: BE 0405.395.860
Summary

FABRIMMO has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €170,573 and a net result of -€3,070. Equity is shrinking by ~8.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability17▼-51
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
cash: 6.1% of total assets, and 0% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 58 years 0 60 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
100%
Return on assets
-1.8%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
on the day
2023
25 d early
2022
68 d late
2021
29 d late
2020
25 d late
2019
12 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 18 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 (1)
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

History

On 1 January 1968, FABRIMMO was incorporated.1 Total assets went from EUR 459,504 in 2018 to EUR 170,573 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€170,573▼ 1.8%
2023 · €173,643
Total assets
€170,573▼ 1.8%
2023 · €173,643
Net result
-€3,070▼ 216%
2023 · -€971
Working capital
€18,658
2021 · -€446
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
Line20202021202220232024
Operating result€77▼ 93.8%-€1,165-€128,254▼ 10,907%-€934▲ 99.3%-€3,031▼ 225%
Net result€56▼ 94.0%-€1,270-€128,278▼ 10,001%-€971▲ 99.2%-€3,070▼ 216%
Equity€304,162=€302,892▼ 0.4%€174,614▼ 42.4%€173,643▼ 0.6%€170,573▼ 1.8%
Total assets€324,288▼ 4.6%€306,922▼ 5.4%€174,614▼ 43.1%€173,643▼ 0.6%€170,573▼ 1.8%
Debt€20,126▼ 44.0%€4,030▼ 80.0%€0▼ 100%
Working capital-€1,087▲ 63.1%-€446▲ 59.0%€18,658
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
  • 2022 Net result -10,001% on 2021. The accounts now follow the micro schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
-€150,000-€100,000-€50,000€0Operating result 2020: €77€77Net result 2020: €56€56Operating result 2021: -€1,165-€1,165Net result 2021: -€1,270-€1,270Operating result 2022: -€128,254-€128,254Net result 2022: -€128,278-€128,278Operating result 2023: -€934-€934Net result 2023: -€971-€971Operating result 2024: -€3,031-€3,031Net result 2024: -€3,070-€3,07020202021202220232024-€150,000-€100,000-€50,000€0Operating result 2022: -€128,254-€128,000Net result 2022: -€128,278-€128,000Operating result 2023: -€934-€934Net result 2023: -€971-€971Operating result 2024: -€3,031-€3,030Net result 2024: -€3,070-€3,070202220232024
The operating result stays negative: a loss of €3,031 in 2024 against €934 in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €170,573
Fixed assets €158,796 ▲ 1.0%
Current assets €11,778 ▼ 28.3%
Key figures and ratios
2024 value · change against 2023
EBITDA
-€3,031▼
2023 · €1,218
Cash flow
-€3,070▼
2023 · €1,181
Solvency
100.0%=
2023 · 100.0%
ROE
-1.8%▼
2023 · -0.6%
ROA
-1.8%▼
2023 · -0.6%
Interest coverage
-79.02▼
2023 · 32.78
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,304 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.6% went bankrupt
8.6% stopped otherwise
90% still going

A further 0.6% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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 12,304 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 27 lines
Balance sheet Code20232024
Assets
Total assets20/58€173,643€170,573▼
Fixed assets21/28€157,206€158,796▲
Tangible fixed assets22/27€157,206€158,796▲
Land and buildings22€157,206€158,796▲
Current assets29/58€16,437€11,778▼
Amounts receivable within one year40/41€1,323€1,323=
Other amounts receivable41€1,323€1,323=
Cash at bank and in hand54/58€15,115€10,455▼
Equity and liabilities
Total equity and liabilities10/49€173,643€170,573▼
Equity10/15€173,643€170,573▼
Contributions10/11€86,763€86,763=
Reserves13€8,676€8,676=
Non-distributable reserves130/1€8,676€8,676=
Reserves not available under the articles1311€8,676€8,676=
Profit (loss) carried forward14€78,204€75,134▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,152€0▼
Other operating charges640/8€1,403€1,620▲
Non-recurring operating charges66A€0-
Gross operating margin9900€2,622-€1,412▼
Operating profit (loss)9901-€934-€3,031▼
Financial charges65/66B€37€38▲
Recurring financial charges65€37€38▲
Profit (loss) for the period before taxes9903-€971-€3,070▼
Profit (loss) for the period9904-€971-€3,070▼
Profit (loss) for the period to be appropriated9905-€971-€3,070▼
Appropriation of the result
Profit (loss) to be appropriated9906€78,204€75,134▼
Profit (loss) brought forward from the previous period14P€79,175€78,204▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,800€1,800€1,483€2,152€0▼ 100%
Other operating charges640/8-€1,149€1,243€1,403€1,620▲ 15.4%
Non-recurring operating charges66A--€127,945€0--
Gross operating margin9900€3,019€1,784€2,417€2,622-€1,412▼ 154%
Operating profit (loss)9901€77-€1,165-€128,254-€934-€3,031▼ 225%
Financial charges65/66B-€91€24€37€38▲ 3.2%
Recurring financial charges65€21€91€24€37€38▲ 3.2%
Profit (loss) for the period before taxes9903€56-€1,256-€128,278-€971-€3,070▼ 216%
Income taxes67/77-€14€0---
Profit (loss) for the period9904€56-€1,270-€128,278-€971-€3,070▼ 216%
Profit (loss) for the period to be appropriated9905€56-€1,270-€128,278-€971-€3,070▼ 216%
Line20202021202220232024Change
Assets
Total assets20/58€324,288€306,922€174,614€173,643€170,573▼ 1.8%
Fixed assets21/28€305,249€303,449€155,956€157,206€158,796▲ 1.0%
Tangible fixed assets22/27€159,240€157,439€155,956€157,206€158,796▲ 1.0%
Land and buildings22-€157,439€155,956€157,206€158,796▲ 1.0%
Financial fixed assets28€146,009€146,009€0---
Current assets29/58€19,039€3,473€18,658€16,437€11,778▼ 28.3%
Amounts receivable within one year40/41€70€0€1,021€1,323€1,323=
Other amounts receivable41-€0€1,021€1,323€1,323=
Cash at bank and in hand54/58€18,969€3,473€17,637€15,115€10,455▼ 30.8%
Equity and liabilities
Total equity and liabilities10/49€324,288€306,922€174,614€173,643€170,573▼ 1.8%
Equity10/15€304,162€302,892€174,614€173,643€170,573▼ 1.8%
Contributions10/11-€86,763€86,763€86,763€86,763=
Reserves13€8,676€8,676€8,676€8,676€8,676=
Non-distributable reserves130/1-€8,676€8,676€8,676€8,676=
Reserves not available under the articles1311-€8,676€8,676€8,676€8,676=
Profit (loss) carried forward14€208,723€207,453€79,175€78,204€75,134▼ 3.9%
Amounts payable17/49€20,126€4,030€0---
Amounts payable within one year42/48€20,126€3,919€0---
Taxes, remuneration and social security45-€15€0---
Taxes450/3-€15€0---
Other amounts payable47/48-€3,904€0---
Accrued charges and deferred income492/3-€111€0---
Line20202021202220232024Change
Profit (loss) for the period9904€56-€1,270-€128,278-€971-€3,070▼ 216%
+ Depreciation and write-downs630€1,800€1,800€1,483€2,152€0▼ 100%
Operating cash flow (approximation)€1,856€530-€126,795€1,181-€3,070▼ 360%
Investment in fixed assets (approximation)-€0€146,009-€3,402-€1,590▲ 53.3%
Change in cash--€15,496€14,164-€2,522-€4,660▼ 84.8%

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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Timeline · acts, filings and financial milestones

2025
31-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
06-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
07-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 68 days late
2022
31-12
Financial Weakest financial yearnet -€128,278
Net result drops to -€128,278, the lowest in the series; recovery starts the following year.
29-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 29 days late
2021
25-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 25 days late
2020
12-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 12 days late
2019
31-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 31 days late
2018
07-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
18-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
3 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, Gent · 1 establishment unit since 1962
seat establishment The establishment unit on the map
Ground area
554 m²
Building footprint
354 m²
Volume, LiDAR
3,507 m³
Parcel 44802B0836/00S000, Flanders · tallest building 16.6 m, ±3 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
Steendam 72, 9000 Gent
Manufacture of paper and paper products
since 19622.003.512.333
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44802B0836/00S000 Flanders 554 m² 1 · 354 m² 16.6 m · 3 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.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2021 list no shareholders, and no other source names one.

Holdings 1

According to the 2021 annual accounts of FABRIMMO 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 current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded01-01-1968
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 27 September 2026 · Peppol Directory

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