FIMMO
ActiveSummary
FIMMO has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€80,588) and a net result of €26,752. Equity has been growing by about 16% per year since 2018. Its solvency ranks better than 5% of 17,149 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 22-11-2004 Normal situation
- Registered office
- 16 active companies are registered at this address Source: KBO register, as of 3 November 2026.
- Activity
- Development of residential building projects NACE 68121and 2 others
- Establishment unit
- 2.144.925.762 1050 Elsene, since 01-04-2005
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.8%
- Gross margin
- €27,388
- ▲ 25.0%
- Turnover
- ≈ €67,000
- estimated
- Profit
- €26,752
- ▲ 26.3%
- Equity
- -€80,588
- ▲ 24.9%
- Total assets
- €72,497
- ▼ 34.5%
- Negative equity on 31-12-2025
- 2025 accounts filed 80 days after the deadline
Score breakdownraises riskCapped at 59: negative equityNegative equity -€80,588Last filed accounts filed 80 days late; 1 of the last 3 accounts latelowers riskSize: total assets €72,497Founded in 2004Show the evidence
Checked score
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 68, micro). It does better than 5% of them on solvency, 18% on liquidity, 95% on profitability and 78% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 28 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 80 days after the deadline Filed on 19 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00565019.
Annual accounts 2025 filed on 19-10-2026 at the NBB all 21 filings
Every figure per financial year
The operating result for 2025 is 26% higher than in 2024. It is the second rise in a row, after the fall in 2023.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | €0.7m | €1.4m | €0.6m | - | - | - | - | - | - |
| Non-recurring operating income76A | - | - | - | €0.003m | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.001m | €0.001m | - | - | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €348 | €348 | €384 | €387 | €456 | ▲ 17.8% |
| Non-recurring operating charges66A | - | - | - | €94 | €0.003m | €20 | €127 | - | - |
| Gross operating margin9900 | €0.01m | €0.09m | €0.03m | €0.02m | €0.07m | €0.02m | €0.02m | €0.03m | ▲ 25.0% |
| Operating profit (loss)9901 | €0.003m | €0.08m | €0.02m | €0.02m | €0.07m | €0.02m | €0.02m | €0.03m | ▲ 25.9% |
| Recurring financial income75 | €1 | €55 | - | - | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €0.001m | €0.01m | €230 | €209 | €180 | ▼ 13.9% |
| Recurring financial charges65 | €0.03m | €0.02m | €0.007m | €0.001m | €0.01m | €230 | €209 | €180 | ▼ 13.9% |
| Profit (loss) for the period before taxes9903 | -€0.02m | €0.07m | €0.01m | €0.02m | €0.05m | €0.02m | €0.02m | €0.03m | ▲ 26.3% |
| Income taxes67/77 | €101 | €92 | €69 | - | - | - | - | - | - |
| Profit (loss) for the period9904 | -€0.02m | €0.07m | €0.01m | €0.02m | €0.05m | €0.02m | €0.02m | €0.03m | ▲ 26.3% |
| Profit (loss) for the period to be appropriated9905 | -€0.02m | €0.07m | €0.01m | €0.02m | €0.05m | €0.02m | €0.02m | €0.03m | ▲ 26.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.7m | €0.6m | €0.003m | €0.06m | €0.1m | €0.1m | €0.1m | €0.07m | ▼ 34.5% |
| Fixed assets21/28 | €0.001m | €125 | - | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €0.001m | - | - | - | - | - | - | - | - |
| Financial fixed assets28 | €125 | €125 | - | - | - | - | - | - | - |
| Current assets29/58 | €1.7m | €0.6m | €0.003m | €0.06m | €0.1m | €0.1m | €0.1m | €0.07m | ▼ 34.5% |
| Stocks and contracts in progress3 | €1.7m | €0.5m | - | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €0.02m | €0.03m | €0.002m | €0.06m | €0.1m | €0.1m | €0.1m | €0.06m | ▼ 45.0% |
| Trade receivables40 | - | - | - | €0.003m | €0.006m | €0.02m | €0.005m | €0.005m | = |
| Other amounts receivable41 | - | - | - | €0.05m | €0.1m | €0.1m | €0.1m | €0.05m | ▼ 47.1% |
| Cash at bank and in hand54/58 | €0.001m | €160 | €37 | €0.001m | €0.005m | €476 | €0.004m | €0.01m | ▲ 287% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.7m | €0.6m | €0.003m | €0.06m | €0.1m | €0.1m | €0.1m | €0.07m | ▼ 34.5% |
| Equity10/15 | -€0.3m | -€0.2m | -€0.2m | -€0.2m | -€0.1m | -€0.1m | -€0.1m | -€0.08m | ▲ 24.9% |
| Contributions10/11 | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Capital10 | - | - | - | €0.006m | - | - | - | - | - |
| Issued capital100 | - | - | - | €0.02m | - | - | - | - | - |
| Uncalled capital101 | - | - | - | €0.01m | - | - | - | - | - |
| Reserves13 | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Non-distributable reserves130/1 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Legal reserve130 | - | - | - | €0.001m | - | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Distributable reserves133 | - | - | - | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Profit (loss) carried forward14 | -€0.3m | -€0.3m | -€0.3m | -€0.2m | -€0.2m | -€0.2m | -€0.1m | -€0.1m | ▲ 19.0% |
| Amounts payable17/49 | €2.0m | €0.8m | €0.2m | €0.3m | €0.3m | €0.3m | €0.2m | €0.2m | ▼ 29.8% |
| Amounts payable within one year42/48 | €2.0m | €0.8m | €0.2m | €0.3m | €0.3m | €0.3m | €0.2m | €0.2m | ▼ 29.8% |
| Trade debts44 | €0.09m | €0.1m | €0.02m | €0.009m | €0.01m | €0.01m | - | €0.001m | - |
| Suppliers440/4 | - | - | - | €0.009m | €0.01m | €0.01m | - | €0.001m | - |
| Advances received on contracts in progress46 | - | - | - | - | €0.02m | €0.02m | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.002m | €0.004m | - | €310 | €0.002m | ▲ 567% |
| Taxes450/3 | - | - | - | €0.002m | €0.004m | - | €310 | €0.002m | ▲ 567% |
| Other amounts payable47/48 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.1m | ▼ 31.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€22,088 | €68,430 | €12,855 | €20,440 | €52,474 | €16,769 | €21,185 | €26,752 | ▲ 26.3% |
| + Depreciation and write-downs630 | €636 | €636 | - | - | - | - | - | - | - |
| Operating cash flow (approximation) | -€21,452 | €69,066 | €12,855 | €20,440 | €52,474 | €16,769 | €21,185 | €26,752 | ▲ 26.3% |
| Investment in fixed assets (approximation) | - | €0 | - | - | - | - | - | - | - |
| Change in cash | - | -€600 | -€123 | €576 | €3,957 | -€4,094 | €3,039 | €10,078 | ▲ 232% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 3,794 companies had the same profile as FIMMO has now. Two years later, 91.5% were still going and 2.7% had gone bankrupt.
- Micro
- 20 years or older
- negative equity
- a profit of 5% of the balance sheet or more
Another 0.6% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of FIMMO itself: 0.8% within 12 months.
Test of the method
The method was tested on the 497,446 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 3,794 companies, not a prediction for FIMMO. 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.
Latest 10 of 21 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 19-10-2026 | 2026-00565019 | |
| 31-12-2024 | full format | 27-08-2025 | 2025-00409879 | |
| 31-12-2023 | full format | 28-08-2024 | 2024-00381710 | |
| 31-12-2022 | full format | 30-08-2023 | 2023-00374996 | |
| 31-12-2021 | full format | 05-08-2022 | 2022-20271821 | |
| 31-12-2020 | full format | 25-08-2021 | 2021-52600421 | |
| 31-12-2019 | full format | 30-07-2020 | 2020-36000319 | |
| 31-12-2018 | full format | 26-07-2019 | 2019-38000572 | |
| 31-12-2017 | full format | 24-07-2018 | 2018-36400036 | |
| 31-12-2016 | full format | 23-08-2017 | 2017-45700374 |
Board & ownership
Directors
Owners and capital
Owners
Network & group
Board mandates elsewhere
1 board mandateCompanies at the same address
15 other companies- Bribosia, Gauthier (sole trader) Establishment · since 2023 0780269186
- Association des copropiétaires à Forest, Avenue Molière, 12 Registered office · since 2023 0803276695
- COURONNE 180 Registered office · since 2018 0690595854
- STASSART CINQ DEUX Registered office · since 2017 0679666132
- DISORDER Registered office · since 2013 0541474685
- PECARI Registered office · since 2013 0502784751
- Gérard, Guy (sole trader) Establishment · since 2012 0776094921
- Heider, Eva (sole trader) Establishment · since 2011 0885647513
- RESIDENCE MARECHAL Registered office · since 2008 0898023723
- NADLAN PARTNERS Registered office · since 2002 0477018878
Connections & network
1 current directorThe board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
Timeline
Acts, filings and financial milestones
10-09
Gazette deed
Registered office moved from Ixelles to ForestNew seat: 1190 Forest, avenue Moliére, 12 · Previous seat: Rue Emmanuel Van Driessche 75-1050 Ixelles2 points ▸
- General meeting, 06-05-2024
- Registered-office move, 1190 Forest, avenue Moliére, 12
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- Rue Emmanuel Van Driessche 75, 1050 Ixelles until 06-05-2024 · act of 10-09-2024
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0870.090.889
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21383B0036/00Y007 | Brussels | 230 m² | 1 · 143 m² | 21.2 m · 6 |
| 21807G0218/00D015 | Brussels | 181 m² | 1 · 100 m² | 24.8 m · 8 |