Fimasco
ActiveSummary
Fimasco is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. For Fimasco, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €409k and a net result of €23k. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 78% of 3115 sector peers (fiscal year 2023). The company has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Filing: At least two filing cycles are missing
Credit advice for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 10-04-2025, 253 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
253 d late
2022
470 d late
2021
68 d late
2020
188 d late
2019
52 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€409k▼ 52.6%
2022 · €864k
2018: €786k
2019: €802k
2020: €833k
2021: €853k
2022: €864k
2018 → 2023
Net result
€23k▲ 120%
2022 · €11k
2018: €40k
2019: €15k
2020: €32k
2021: €20k
2022: €11k
2018 → 2023
Total assets
€532k▼ 46.1%
2022 · €987k
2018: €1.11M
2019: €1.07M
2020: €1.06M
2021: €993k
2022: €987k
2018 → 2023
Solvency
76.9%▼ 10.6pp
2022 · 87.5%
2018: 70.9%
2019: 74.7%
2020: 78.3%
2021: 85.9%
2022: 87.5%
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€802k-€833k▲ 4.0%€853k▲ 2.4%€864k▲ 1.2%€409k▼ 52.6%
Operating result€34k-€40k▲ 16.8%€28k▼ 30.9%€19k▼ 33.0%€24k▲ 30.9%
Net result€15k-€32k▲ 107%€20k▼ 38.1%€11k▼ 46.6%€23k▲ 120%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2023; 2023 is 31% above 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €532k
Fixed assets
€179k ▼ 7.8%
Current assets
€353k ▼ 55.5%
Equity and liabilities €532k
Equity
€409k ▼ 52.6%
Provisions
€7k =
Debt
€116k ▼ 0.2%
Debt's share of the balance-sheet total rises from 11.8% to 21.8%. Equity and debt are lower.
Key figures and ratios
ROE
5.7%▲
2022 · 1.2%
ROA
4.4%▲
2022 · 1.1%
Debt ≤ 1 year
€116k▼
2022 · €116k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 45 lines
Balance sheet
Code20222023
Assets
Total assets20/58€987k€532k▼
Fixed assets21/28€195k€179k▼
Tangible fixed assets22/27€195k€179k▼
Land and buildings22€195k€179k▼
Current assets29/58€792k€353k▼
Amounts receivable within one year40/41€777k€348k▼
Trade receivables40€9k€16k▲
Other amounts receivable41€768k€333k▼
Cash at bank and in hand54/58€15k€4k▼
Equity and liabilities
Total equity and liabilities10/49€987k€532k▼
Equity10/15€864k€409k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€708k€230k▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€702k€224k▼
Profit (loss) carried forward14€93k€117k▲
Provisions and deferred taxes16€7k€7k=
Provisions for liabilities and charges160/5€7k€7k=
Pensions and similar obligations160€7k€7k=
Amounts payable17/49€116k€116k▼
Amounts payable within one year42/48€116k€116k▼
Current portion of amounts payable after more than one year42€105k€105k=
Financial debts43€3k€3k=
Credit institutions430/8€3k€3k=
Trade debts44€2k€2k▼
Suppliers440/4€2k€2k▼
Taxes, remuneration and social security45€7k€7k=
Taxes450/3€7k€7k=
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46k€15k▼
Other operating charges640/8€975€184▼
Non-recurring operating charges66A€496€14k▲
Gross operating margin9900€66k€54k▼
Operating profit (loss)9901€19k€24k▲
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Non-recurring financial charges66B€0-
Profit (loss) for the period before taxes9903€17k€23k▲
Income taxes67/77€7k-
Profit (loss) for the period9904€11k€23k▲
Profit (loss) for the period to be appropriated9905€11k€23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€93k€117k▲
Profit (loss) brought forward from the previous period14P€83k€93k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 253 days late
2024
12-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 470 days late
2022
31-12
Financial
Weakest financial yearnet €11k ▼46.6%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
07-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 68 days late
04-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 188 days late
2020
21-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 52 days late
2019
08-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 69 days late
2018
17-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 139 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 58 days late
03-01
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 156 days late
2015
22-09
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 53 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Schaarbeek · 1 establishment unit since 1981
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.
Haachtsesteenweg 139A1030 SchaarbeekGround area
74 m²
Building footprint
73 m²
Volume, LiDAR
910 m³
Parcel 21908E0262/00T003, Brussels · tallest building 15.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Haachtsesteenweg 139, 1030 Schaarbeek
since 19812.035.204.411
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21908E0262/00T003 | Brussels | 74 m² | 1 · 73 m² | 15.4 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
ART SPEC
BE 0899.864.149
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GV FINANCE
BE 0777.661.371
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Fr. et J.C. VAN HERPE
BE 0428.198.976
Sint-Lambrechts-Woluwe · Eq €409,471
Keirse, De Ridder & Partners
BE 0441.400.280
Damme · Eq €408,461
ARDENNE ET GAUME ASSURANCES
BE 0460.603.906
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Of 4,683 companies in sector 66220 we hold annual accounts for 3,228. 2,667 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded30-03-1981
Fiscal year end31-12
Activities, NACEBEL 2025
66220Insurance agents and brokers
Sources
Crossroads Bank for EnterprisesNational Bank · 41 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.