Turnover
The abbreviated format states no turnover.
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The abbreviated format states no turnover.
The 2016 accounts came 33 days late. The other nine of the last ten were filed on time.
Higher solvency than 88% of companies in specialised construction. Sector median 44.0% · 9,974 companies.
In July 2024, 31,368 companies had the same profile as FIMACO has now. Each dot stands for 79 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,448 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.
| 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% |
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 31,368 companies, not a prediction for FIMACO. 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.
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The scores and ratios are Checked's own calculations, not a credit decision.
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| Company | ||||
|---|---|---|---|---|
| FIMACO Maarkedal | €270,184 | €59,714 | 80.8% | - |
| VANDERWEGEN Bertem | €276,959 | €63,127 | 64.3% | - |
| ADE - ART DECOR ELEC Auderghem | €290,537 | €58,323 | 93.0% | - |
| DE SINTE Vorselaar | €237,916 | €58,070 | 73.1% | - |
| ECLIPS Uccle | €239,328 | €51,722 | 62.3% | - |
| RIK DESMET Ardooie | €285,532 | €51,549 | 42.5% | - |
| Verlichting Boucquet Roeselare | €230,240 | €66,431 | 90.0% | - |
These companies have the same main activity as FIMACO: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €230,000 and €291,000, founded between 1988 and 1994.
FIMACO files the abbreviated format. That format states no turnover. The gross margin rose from €33,675 in 2007 to €59,714 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.
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