FIMAVE

Judicial reorganisation

Public limited companyfounded 199432 yrs activeBossuitstraat 72, 1750 Lennik, BelgiumKBO/BCE: BE 0451.839.262

Summary

The file of FIMAVE contains 2 judicial reorganisation notices, as published in the Belgian State Gazette. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The 2024 annual accounts show equity of €27.8m and a net result of €130.9m. Equity is shrinking by ~68.6% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 87% of 9734 sector peers (fiscal year 2024).

Risk analysisWatch Report Compare

FIMAVEJudicial reorganisationChecked score 24/100

Risk analysis Report Compare

Group and network

Heads the group FIMAVE 4 companies Group, risk and exposure

Holdings and subsidiaries

3 holdings · 10 subsidiaries in the tree

Holdings 3

SIATsubsidiary

Sourceown accounts 2023 LEI register
Equity €218.5mResult €12.1m

86.73%
PRESCO PLCNG

Sourceown accounts 2023
Equity NGN 56.96bnResult NGN 25.22bn

0.02%
SIAT GABON SAGA

Sourceown accounts 2023
Equity XAF 54.48bnResult -XAF 3.07bn

1 shares

All subsidiaries, including indirect ones 10

Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.

SIAT 86.73%9 subsidiaries
- SWIFT RUBBER SINGAPORE LtdSG 100%
- DEROOSE PLANTS 81.36%6 subsidiaries
  - Deroose Plants INCUS 100%
  - EXOTIC PLANT 100%
  - Exotic Plant ShanghaiCN 100%
  - LUCAR 100%1 subsidiary
    
    Exotic Plant Shanghai Co LtdCN 100%
  - Shanghai Flower Port - Deroose PlantsCN 65%
- PRESCO PLCNG 61.2%

According to the 2023 annual accounts of FIMAVE and those of the other companies, the acts in the Belgian Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Companies Code and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

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