Equity
€8.5m ▲ 26.9%
FIMASTER has made a profit without a break since 2011.
FIMASTER
Lifetime
17 annual accounts with figures on one time axispeak €580,702 (2025)
€580,702▲ 199%
lowest -€4,632 (2010)
€2.2m▲ 11.3%
peak €8.5m (2025)
€8.5m▲ 26.9%
€210,573▼ 21.5%
Board1 name since 2021
1 directorChristophe MASSILLON
Owners2 names in the annual accounts
100%INTERVENTUS
Documentsfilings and deeds
22-07-20269 days before the deadline
2025micro format
Gross margin from €194,050 to €580,702Dividend €425,850Equity from €6.7m to €8.5mDebts from €268,263 to €210,573Cash from €2.1m to €3.6m
Key points
from the 2025 annual accountsChecked score
99
Excellent
Financially stronger than 90% of small companies in legal and accounting (NACE 69)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: < 0.1% across 1,476 companies (NACE 69, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: 0.1%▲ +0.1 percentage points vs 07-2025highest value
09-2025: < 0.1%▼ -0.1 percentage points vs 08-2025lowest value
10-2025: < 0.1%● unchanged vs 09-2025lowest value
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Sector: Legal and accounting activities (NACE 69)
Size: total assets €8.7m
Liquidity: current ratio 41.13, cash €3.6m
Figures for financial year 2025 (filed on 22-07-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 69, small). It does better than 86% of them on solvency, 99% on liquidity, 94% on profitability and 81% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 546 companies had the same profile as FIMASTER has now. Each dot stands for 2 companies, two years later.
95.2%
were still trading
4.2%
stopped another way
0.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of FIMASTER itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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 546 companies, not a prediction for FIMASTER. 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
Credit of up to €800,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 41.13 (11.48 in 2024), above the usual 1.5. Short-term debt is 2.3% and cash 42% of total assets. 2.4% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-07-2026, 9 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
9 days early
2024
26 days late
2023
44 days early
2022
28 days early
2021
97 days early
2020
59 days early
2019
39 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 36 days before the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 3 July (4 of the last 5 accounts filed within 54 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- INTERVENTUS 100%score 97equity €4.3m (2025) · 2025 annual accounts of INTERVENTUS
- ETUDE MASSILLON 99%score 96equity €822,596 (2025) · 30-09-2023 annual accounts of ETUDE MASSILLON
Shares in 1 company, ETUDE MASSILLON
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0810608214
Resignation: Christophe MASSILLON (manager)
Reappointment: Christophe MASSILLON (director) · Legal-form conversion: from private limited company (pre-2019) to private limited company · Director discharge: Christophe MASSILLON · General meeting of 22-08-2022 · Gazette deed
Incorporation
published on 25-03-2009 · Gazette deed
First establishment
Rue de Fléron 70, Fléron
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FIMASTER Fléron | €8.7m | €0.6m | 97.6% | - |
| DISCART-SUYKENS Willebroek | €7.6m | €1.0m | 11.1% | 13.7 |
| GDW PROVANT Herentals | €4.1m | €0.9m | 5.1% | 6.9 |
| Gerechtsdeurwaarderskantoor Kagero Aalst | €4.8m | €0.7m | 11.7% | 11.4 |
| STUDIE VAN DEN BERGHE Ixelles | €3.7m | €1.2m | 41.6% | 12.3 |
| HONORE WIM Ypres | €3.1m | €0.4m | 76.7% | - |
| VANCAPPEL CHRISTOPHE Ypres | €2.8m | €0.6m | 60.3% | 0.3 |
These companies have the same main activity as FIMASTER: activities of bailiffs (NACE 69103). They are comparable in size and age: total assets between €2.8m and €7.6m, founded between 2002 and 2016.
Official details
Source: KBO- Status
- Active since 23-03-2009Normal situation
- Activity
- Activities of bailiffsNACE 69103
- Establishment unit
- 2.249.210.2644623 Fléron, since 23-03-2009
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2025
Annual accounts 2025
- ≈ €990,000estimated
- €8.7m▲ 25.1%
- Filing
- Filed on 22-07-2026, 9 days before the end of the filing period
Insights on FIMASTER
FIMASTER files the micro format. That format states no turnover. The gross margin rose from -€26,666 in 2009 to €580,702 in 2025.
INTERVENTUS holds all the shares.
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 FIMASTER
- What is the company number of FIMASTER?
- The company number of FIMASTER is 0810.608.214. The VAT number is the same number with BE in front: BE 0810.608.214.
- Where is FIMASTER based?
- The registered office is at Rue de Fléron 70, 4623 Fléron.Company details
- What does FIMASTER do?
- According to the KBO register, the main activity is activities of bailiffs (NACE 69103).
- What is the legal form of FIMASTER?
- FIMASTER is a private limited company (BV).
- When was FIMASTER founded?
- FIMASTER was founded on 23-03-2009.
- Is FIMASTER still active?
- Yes, FIMASTER is an active enterprise in the KBO register.
- What is the turnover of FIMASTER?
- The turnover in financial year 2025 is ≈ €990,000. This figure is estimated from the gross margin of €580,702 and 35 comparable companies (NACE 69). It probably lies between €830,000 and €1.2m.Financials
- Is FIMASTER profitable?
- In financial year 2025, FIMASTER made a profit of €2.2m.
- Where can I find the annual accounts of FIMASTER?
- FIMASTER filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FIMASTER due?
- FIMASTER must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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