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FIMAA

Active Private limited company (pre-2019)founded 2014active for 11 yearsRue de Bavay 170, 7080 FrameriesKBO/BCE: BE 0506.647.529

Lifetime

10 annual accounts with figures on one time axis
peak €427,588 (2024)
€5,105▼ 98.8%
lowest -€73,836 (2022)
-€13,475▼ €159,650
peak €87,006 (2017)
€1,101▼ 92.4%
€195,301▼ 39.4%
Documentsfilings and deeds
28-09-202659 days late
2025micro format
Gross margin from €427,588 to €5,105Loss of €13,475Equity from €14,576 to €1,101Debts from €322,014 to €195,301

Key points

from the 2025 annual accounts

Equity

€1,101 from €87,006 in 2017

Equity fell by 99% in 8 years.

Result

-€13,475 -€13,475
€146,0002024-€13,5002025

From profit to loss in 2025, after a profit of €146,175 in 2024.

Debts

€195,301 99% of the balance sheet
Suppliers 38%Taxes and wages 5%Other 57%

Investments

€23,900 2.8 × depreciation
2021202320242025

Green is investment, beige is depreciation.

Filings

10 annual accounts 10 late
AprilJune31 JulyOctober201520202025

The 2023 accounts came latest: 243 days after the end of the period.

Position in the sector

-€13,475

Lower net result than 85% of companies in retail trade. Sector median €4,763 · 25,208 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,037 companies had the same profile as FIMAA has now. Each dot stands for 3 companies, two years later.

93.8%
were still trading
2.9%
stopped another way
2.9%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency under 10%
  • a small loss

Another 0.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,037 companies, not a prediction for FIMAA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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

Signals

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0506647529
Registered office moved within Frameries New registered office: rue de Bavay 170 à 7080 Frameries · Previous registered office: Rue des Alliés 83 à 7080 Frameries · General meeting of 01-07-2022 · Gazette deed
Registered office moved within Frameries New registered office: Rue des Alliés 83 7080 Frameries · Previous registered office: Rue de Bavay 170 7080 Frameries · General meeting of 30-05-2016 · Gazette deed
First establishment Rue de Bavay 170, Frameries
All 19 events

Comparable companies

same main activity, similar in size and age
Company
FIMAA Frameries €196,402 €5,105 0.6% -
EQUITHEMATA Keerbergen €180,502 €7,466 22.9% -
ELLY EN MARIO Sint-Truiden €231,378 €7,077 42.1% -
SpaCenter Arendonk €168,877 €5,702 -6.4% 0.7
VRV Bike Bouillon €206,349 €3,133 74.2% -
GABITHAN La Louvière €146,556 €11,260 29.0% -
HENGELSPORT DE POEMPER Boortmeerbeek €303,829 €10,784 13.5% -

These companies have the same main activity as FIMAA: retail sale of other sporting goods (NACE 47639). They are comparable in size and age: total assets between €147,000 and €304,000, founded between 2007 and 2020.

Official details

Source: KBO
Status
Active since 09-12-2014Normal situation
Activity
Retail sale of other sporting goodsNACE 47639and 4 others
Establishment unit
2.241.439.9707080 Frameries, since 01-01-2015
Financial year end
31 December
Peppol
Reachable since 27-11-2025
Company details

Annual accounts 2025

≈ €37,000estimated
€196,402▼ 41.6%
Filing
Filed on 28-09-2026
Financials

Insights on FIMAA

FIMAA files the micro format. That format states no turnover. The gross margin fell from €13,412 in 2015 to €5,105 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about FIMAA

What is the company number of FIMAA?
The company number of FIMAA is 0506.647.529. The VAT number is the same number with BE in front: BE 0506.647.529.
Where is FIMAA based?
The registered office is at Rue de Bavay 170, 7080 Frameries.Company details
What does FIMAA do?
According to the KBO register, the main activity is retail sale of other sporting goods (NACE 47639).
What is the legal form of FIMAA?
FIMAA is a private limited company (pre-2019) (BVBA).
When was FIMAA founded?
FIMAA was founded on 09-12-2014.
Is FIMAA still active?
Yes, FIMAA is an active enterprise in the KBO register.
What is the turnover of FIMAA?
The turnover in financial year 2025 is ≈ €37,000. This figure is estimated from the gross margin of €5,105 and 42 comparable companies (NACE 476). It probably lies between €19,000 and €84,000. It is a rough estimate.Financials
Is FIMAA profitable?
In financial year 2025, FIMAA made a loss of €13,475.
Where can I find the annual accounts of FIMAA?
FIMAA filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FIMAA due?
FIMAA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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