Skip to content

Fagim

Dissolution or liquidation
Private limited companyfounded 2008Rue Georges Cosse, ZI, Nov. 8, 5380 Fernelmont, BelgiumKBO/BCE: BE 0896.650.281
Summary

The KBO register records for Fagim the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2024 annual accounts show equity of €275,463 and a net result of -€33,267.

FagimDissolution or liquidation

Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: dissolution or liquidation
The KBO register records the legal situation: dissolution or liquidation. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
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 14-07-2025, 17 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
17 d early
2023
7 d early
2022
27 d early
2021
31 d late
2020
6 d late
2019
77 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 11 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed 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

Fagim was incorporated on 21 March 2008.1 Total assets rose from EUR 919,945 in 2018 to EUR 1.3 million in 2024 and headcount from 2.6 full-time equivalents in 2018 to 2.2 in 2020.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2020 and 2024

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€33,267
2023 · €878
Working capital
€298,934▲ 36.9%
2023 · €218,399
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€56,832-€4,507▲ 92.1%€237,191€6,304▼ 97.3%€3,449▼ 45.3%
Net result-€50,210below the sector's middle half-€836below the sector's middle half▲ 98.3%€225,795above the sector's middle half€878within the sector's middle half▼ 99.6%-€33,267below the sector's middle half
Equity€432,893within the sector's middle half▼ 10.4%€432,057above the sector's middle half▼ 0.2%€657,852above the sector's middle half▲ 52.3%€658,729above the sector's middle half▲ 0.1%€275,463within the sector's middle half▼ 58.2%
Total assets€851,277within the sector's middle half▼ 23.2%€898,952above the sector's middle half▲ 5.6%€1.0mabove the sector's middle half▲ 15.1%€1.4mabove the sector's middle half▲ 36.7%€1.3mwithin the sector's middle half▼ 7.7%
Debt€418,384▼ 33.1%€466,895▲ 11.6%€376,509▼ 19.4%€755,183▲ 101%€1.0m▲ 36.4%
Working capital€267,042within the sector's middle half▼ 19.3%€393,160above the sector's middle half▲ 47.2%€490,732above the sector's middle half▲ 24.8%€218,399above the sector's middle half▼ 55.5%€298,934within the sector's middle half▲ 36.9%
Solvency50.9%within the sector's middle half▲ 7.3pp48.1%within the sector's middle half▼ 2.8pp63.6%within the sector's middle half▲ 15.5pp46.6%within the sector's middle half▼ 17.0pp21.1%within the sector's middle half▼ 25.5pp
Current ratio3.05above the sector's middle half▲ 0.975.32above the sector's middle half▲ 2.274.19above the sector's middle half▼ 1.131.64within the sector's middle half▼ 2.543.22above the sector's middle half▲ 1.58
Return on assets (ROA)-5.9%below the sector's middle half▼ 13.4pp-0.1%within the sector's middle half▲ 5.8pp21.8%within the sector's middle half▲ 21.9pp0.1%below the sector's middle half▼ 21.8pp-2.5%below the sector's middle half▼ 2.6pp
Staff (FTE)2.2within the sector's middle half▼ 8.3%0below the sector's middle half
above within below the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€100,000€0€100,000€200,000Operating result 2020: -€56,832-€56,832Net result 2020: -€50,210-€50,210Operating result 2021: -€4,507-€4,507Net result 2021: -€836-€836Operating result 2022: €237,191€237,191Net result 2022: €225,795€225,795Operating result 2023: €6,304€6,304Net result 2023: €878€878Operating result 2024: €3,449€3,449Net result 2024: -€33,267-€33,26720202021202220232024-€100,000€0€100,000€200,000Operating result 2022: €237,191€237,000Net result 2022: €225,795€226,000Operating result 2023: €6,304€6,300Net result 2023: €878€878Operating result 2024: €3,449€3,450Net result 2024: -€33,267-€33,300202220232024
The operating result has fallen two years in a row; 2024 is 45% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.3m
Fixed assets €871,682 ▲ 1.7%
Current assets €433,473 ▼ 22.2%
Equity and liabilities €1.3m
Equity €275,463 ▼ 58.2%
Debt €1.0m ▲ 36.4%
Debt's share of the balance-sheet total rises from 53.4% to 78.9%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€37,145▲
2023 · €24,489
Cash flow
€429▼
2023 · €19,064
Quick ratio
1.58▼
2023 · 1.64
Debt to equity
3.74▲
2023 · 1.15
ROE
-12.1%▼
2023 · 0.1%
Interest coverage
0.88▼
2023 · 1.82
Debt ≤ 1 year
€134,540▼
2023 · €338,617
Debt > 1 year
€893,432▲
2023 · €415,637
Income taxes
€0▲
2023 · -€7,967
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 51 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.4m€1.3m▼
Fixed assets21/28€856,895€871,682▲
Tangible fixed assets22/27€856,895€871,682▲
Land and buildings22€646,972€638,683▼
Plant, machinery and equipment23€1,924€24,324▲
Assets under construction and advance payments27€208,000€208,675▲
Current assets29/58€557,017€433,473▼
Stocks and contracts in progress3-€220,771
Stocks30/36-€220,771
Amounts receivable within one year40/41€408,165€168,359▼
Trade receivables40€127,076€50,300▼
Other amounts receivable41€281,090€118,059▼
Cash at bank and in hand54/58€148,513€42,979▼
Deferred charges and accrued income490/1€338€1,365▲
Equity and liabilities
Total equity and liabilities10/49€1.4m€1.3m▼
Equity10/15€658,729€275,463▼
Contributions10/11€85,000€85,000=
Reserves13€8,500€8,500=
Non-distributable reserves130/1€8,500€8,500=
Reserves not available under the articles1311€8,500€8,500=
Profit (loss) carried forward14€565,229€181,963▼
Amounts payable17/49€755,183€1.0m▲
Amounts payable after more than one year17€415,637€893,432▲
Financial debts170/4€415,637€893,432▲
Amounts payable within one year42/48€338,617€134,540▼
Current portion of amounts payable after more than one year42€40,090€104,726▲
Financial debts43€1€0▼
Credit institutions430/8€1€0▼
Trade debts44€298,527€29,813▼
Suppliers440/4€298,527€29,813▼
Accrued charges and deferred income492/3€929€1,721▲
Income statement Code20232024
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18,186€33,695▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€5,014€7,720▲
Gross operating margin9900€29,504€44,865▲
Operating profit (loss)9901€6,304€3,449▼
Financial income75/76B€67€5,438▲
Recurring financial income75€67€5,438▲
Financial charges65/66B€13,460€42,154▲
Recurring financial charges65€13,460€42,154▲
Profit (loss) for the period before taxes9903-€7,089-€33,267▼
Income taxes67/77-€7,967€0▲
Profit (loss) for the period9904€878-€33,267▼
Profit (loss) for the period to be appropriated9905€878-€33,267▼
Appropriation of the result
Profit (loss) to be appropriated9906€565,229€531,963▼
Profit (loss) brought forward from the previous period14P€564,352€565,229▲
Profit to be distributed694/7-€350,000
Return on contributions (dividend)694-€350,000
Social balance
Average headcount (FTE)9087-0.0

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A---€0--
Remuneration, social security and pensions62-€35,648€16,272€0--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46,710€27,212€14,386€18,186€33,695▲ 85.3%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€1,595€0--
Other operating charges640/8-€5,843€6,842€5,014€7,720▲ 54.0%
Gross operating margin9900€41,897€64,197€276,287€29,504€44,865▲ 52.1%
Operating profit (loss)9901-€56,832-€4,507€237,191€6,304€3,449▼ 45.3%
Financial income75/76B-€25,857€7,872€67€5,438▲ 7,999%
Recurring financial income75€17,805€25,857€7,872€67€5,438▲ 7,999%
Financial charges65/66B-€14,186€12,236€13,460€42,154▲ 213%
Recurring financial charges65€15,259€14,186€12,236€13,460€42,154▲ 213%
Profit (loss) for the period before taxes9903-€54,286€7,164€232,827-€7,089-€33,267▼ 369%
Income taxes67/77-€4,076€8,000€7,032-€7,967€0▲ 100%
Profit (loss) for the period9904-€50,210-€836€225,795€878-€33,267▼ 3,890%
Profit (loss) for the period to be appropriated9905-€50,210-€836€225,795€878-€33,267▼ 3,890%
Line20202021202220232024Change
Assets
Total assets20/58€851,277€898,952€1.0m€1.4m€1.3m▼ 7.7%
Fixed assets21/28€453,657€414,778€389,774€856,895€871,682▲ 1.7%
Tangible fixed assets22/27€453,657€414,778€389,774€856,895€871,682▲ 1.7%
Land and buildings22-€401,852€387,658€646,972€638,683▼ 1.3%
Plant, machinery and equipment23-€11,045€2,116€1,924€24,324▲ 1,164%
Furniture and vehicles24-€1,881----
Assets under construction and advance payments27---€208,000€208,675▲ 0.3%
Current assets29/58€397,620€484,174€644,586€557,017€433,473▼ 22.2%
Stocks and contracts in progress3----€220,771-
Stocks30/36----€220,771-
Amounts receivable within one year40/41€40,440€64,272€78,082€408,165€168,359▼ 58.8%
Trade receivables40-€18,619€35,900€127,076€50,300▼ 60.4%
Other amounts receivable41-€45,653€42,182€281,090€118,059▼ 58.0%
Cash at bank and in hand54/58€357,180€419,902€566,505€148,513€42,979▼ 71.1%
Deferred charges and accrued income490/1---€338€1,365▲ 304%
Equity and liabilities
Total equity and liabilities10/49€851,277€898,952€1.0m€1.4m€1.3m▼ 7.7%
Equity10/15€432,893€432,057€657,852€658,729€275,463▼ 58.2%
Contributions10/11-€85,000€85,000€85,000€85,000=
Reserves13€8,500€8,500€8,500€8,500€8,500=
Non-distributable reserves130/1-€8,500€8,500€8,500€8,500=
Reserves not available under the articles1311-€8,500€8,500€8,500€8,500=
Profit (loss) carried forward14€339,393€338,557€564,352€565,229€181,963▼ 67.8%
Amounts payable17/49€418,384€466,895€376,509€755,183€1.0m▲ 36.4%
Amounts payable after more than one year17€287,806€255,882€222,655€415,637€893,432▲ 115%
Financial debts170/4-€255,882€222,655€415,637€893,432▲ 115%
Amounts payable within one year42/48€130,578€91,014€153,854€338,617€134,540▼ 60.3%
Current portion of amounts payable after more than one year42-€31,925€33,226€40,090€104,726▲ 161%
Financial debts43---€1€0▼ 32.4%
Credit institutions430/8---€1€0▼ 32.4%
Trade debts44€66,352€54,271€120,628€298,527€29,813▼ 90.0%
Suppliers440/4-€54,271€120,628€298,527€29,813▼ 90.0%
Taxes, remuneration and social security45-€4,818----
Remuneration and social security454/9-€4,818----
Accrued charges and deferred income492/3-€120,000-€929€1,721▲ 85.3%
Line20202021202220232024Change
Profit (loss) for the period9904-€50,210-€836€225,795€878-€33,267▼ 3,890%
+ Depreciation and write-downs630€46,710€27,212€14,386€18,186€33,695▲ 85.3%
Operating cash flow (approximation)-€3,500€26,377€240,181€19,064€429▼ 97.8%
Investment in fixed assets (approximation)-€11,666€10,618-€485,307-€48,482▲ 90.0%
Change in cash-€62,722€146,603-€417,991-€105,534▲ 74.8%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2026
09-09
Bankruptcy Judicial dissolution, liquidator appointed
Tribunal de l’entreprise de Liège, division Namur · event 01-09-2026
2025
14-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
24-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
04-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Back to profitnet €225,795
Net result €225,795 after 2 loss-making years.
31-12
Financial Equity above €500,000Eq €657,852 ▲52.3%
Equity rises from €432,057 to €657,852.
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
06-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 6 days late
2020
31-12
Financial Weakest financial yearnet -€50,210
Net result drops to -€50,210, the lowest in the series.
16-10
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 77 days late
2019
21-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 21 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 31 days late
2016
31-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 31 days late
SignalFinancial 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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Fernelmont · 1 establishment unit since 2013
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Rue Georges Cosse, ZI, Nov. 85380 Fernelmont
1 establishment unit
SCENOLOGY
Rue Georges Cosse, ZI, Nov. 8, 5380 FernelmontReal estate development
since 20132.219.167.087

Structure & network

Owners and holdings

1 owner

Chain of control

  1. Active Building Isolation 100%
  2. Fagim

Highest known parent: Active Building Isolation. The sources do not say who stands above it.

Owners 1

Holdings 0

The accounts to 31-12-2024 list no holdings, and no other source names one.

According to the 2024 annual accounts of Fagim 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.

Similar companies · same sector, comparable size

Of 24,517 companies in sector 82990 we hold annual accounts for 9,421. 6,629 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded21-03-2008
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
68121Development of residential building projects
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
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.

Register as of 28 September 2026 · Peppol Directory

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