FASSIMMO
ActiveFASSIMMO has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €131k and a net result of €-14k. Equity is shrinking by ~10.2% per year across the filed fiscal years. Its solvency ranks better than 81% of 13908 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
60
/ 100
Healthy▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency100=
Growth32=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 3.72 against 2.86 in 2024), and 25.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€14k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
13 d early
2023
28 d late
2022
12 d early
2021
17 d early
2020
24 d late
2019
30 d early
← before the deadline
after the deadline →
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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€131k▼ 9.9%
2024 · €146k
2019: €334k
2020: €306k
2021: €285k
2022: €273k
2023: €258k
2024: €146k
2019 → 2025
Total assets
€177k▼ 17.3%
2024 · €214k
2019: €402k
2020: €365k
2021: €346k
2022: €349k
2023: €336k
2024: €214k
2019 → 2025
Net result
€-14k▲ 82.8%
2024 · €-84k
2019: €7k
2020: €3k
2021: €-21k
2022: €-12k
2023: €-15k
2024: €-84k
2019 → 2025
Working capital
€123k▼ 2.5%
2024 · €126k
2019: €161k
2020: €133k
2021: €121k
2022: €113k
2023: €106k
2024: €126k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€285k-€273k▼ 4.1%€258k▼ 5.4%€146k▼ 43.6%€131k▼ 9.9%
Operating result€-21k-€-10k▲ 50.5%€-14k▼ 30.9%€-81k▼ 490%€-13k▲ 84.5%
Net result€-21k-€-12k▲ 45.2%€-15k▼ 25.7%€-84k▼ 472%€-14k▲ 82.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €13k in 2025 against €81k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €177k
Fixed assets
€9k▼ 56.8%
Current assets
€168k▼ 13.3%
Equity and liabilities €177k
Equity
€131k▼ 9.9%
Debt
€45k▼ 33.4%
The debt ratio falls from 31.7% to 25.6%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€-1k▲
2024 · €-75k
Cash flow
€-3k▲
2024 · €-77k
Solvency
74.4%▲
2024 · 68.3%
Current ratio
3.72▲
2024 · 2.86
Quick ratio
3.72▲
2024 · 2.86
Debt / equity
0.34▼
2024 · 0.46
ROE
-11.0%▲
2024 · -57.4%
ROA
-8.2%▲
2024 · -39.2%
Interest coverage
-0.87▲
2024 · -28.02
Debt
€45k▼
2024 · €68k
Debt ≤ 1 year
€45k▼
2024 · €68k
Income taxes
€445▼
2024 · €548
Staff costs
€146k▲
2024 · €69k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€214k€177k▼
Fixed assets21/28€20k€9k▼
Tangible fixed assets22/27€20k€9k▼
Land and buildings22€2k€2k▼
Furniture and vehicles24€17k€6k▼
Current assets29/58€194k€168k▼
Amounts receivable after more than one year29€27k€0▼
Other amounts receivable291€27k€0▼
Amounts receivable within one year40/41€139k€144k▲
Trade receivables40€21k€26k▲
Other amounts receivable41€118k€118k▲
Current investments50/53€2k€2k=
Cash at bank and in hand54/58€23k€18k▼
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€214k€177k▼
Equity10/15€146k€131k▼
Contributions10/11€77k€77k=
Reserves13€20k€20k=
Non-distributable reserves130/1€8k€8k=
Reserves not available under the articles1311€8k€8k=
Tax-exempt reserves132€4k€4k=
Distributable reserves133€9k€9k=
Profit (loss) carried forward14€49k€34k▼
Amounts payable17/49€68k€45k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€68k€45k▼
Current portion of amounts payable after more than one year42€2k€0▼
Financial debts43€0€2k▲
Credit institutions430/8€0€2k▲
Trade debts44€14k€13k▼
Suppliers440/4€14k€13k▼
Taxes, remuneration and social security45€22k€30k▲
Taxes450/3€6k€5k▼
Remuneration and social security454/9€16k€25k▲
Other amounts payable47/48€29k€878▼
Income statement
Code20242025
Non-recurring operating income76A€1k€0▼
Remuneration, social security and pensions62€69k€146k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€11k▲
Other operating charges640/8€2k€1k▼
Non-recurring operating charges66A€32k€0▼
Gross operating margin9900€29k€146k▲
Operating profit (loss)9901€-81k€-13k▲
Financial income75/76B€441€106▼
Recurring financial income75€441€106▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€-83k€-14k▲
Income taxes67/77€548€445▼
Profit (loss) for the period9904€-84k€-14k▲
Transfer from tax-exempt reserves789€88k€0▼
Profit (loss) for the period to be appropriated9905€4k€-14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€49k€34k▼
Profit (loss) brought forward from the previous period14P€45k€49k▲
Transfer from equity791/2€29k€0▼
Profit to be distributed694/7€29k€0▼
Return on contributions (dividend)694€29k€0▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-84k
Net result drops to €-84k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
09-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 9 days late
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Sint-Laureins · 1 establishment unit since 2001
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.
Graafjansdijk(STJ) 289982 Sint-LaureinsGround area
1,702 m²
Building footprint
228 m²
Volume, LiDAR
1,245 m³
2 parcels, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Sint-Jansstraat(STJ) 54, 9982 Sint-Laureins
since 20012.116.429.934
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43013C0873/00E002indicative | Flanders | 1,081 m² | 1 · 120 m² | 9.5 m · 2 fl. |
| 43013C0549/00V000 | Flanders | 621 m² | 1 · 108 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 570 EUR awarded · 570 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 0 EUR | 570 EUR |
| 2023 | 1 | 570 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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LOGIS-GEST
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Of 11,708 companies in sector 68310 we hold annual accounts for 6,875. 5,226 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-09-2001
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
70311
68321Property management for co-owned buildings (syndics)
68322Real estate appraisal on a fee or contract basis
68329Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.