FIMMUS
InactiveInactive; last annual accounts for fiscal year 2022.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 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 · 9 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline25-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 26-07-2023, 5 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
5 d early
2021
26 d late
2020
4 d early
2019
2 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, full schema, statutory accounts
Turnover
€446k▼ 48.3%
2021 · €864k
2018: €2.49Mhighest in 5 years
2019: €1.70M▼ -31.7% vs 2018
2020: €1.85M▲ +8.8% vs 2019
2021: €864k▼ -53.3% vs 2020
2022: €446k▼ -48.3% vs 2021lowest in 5 years
2018 → 2022
EBIT margin
17.6%▼ 33.7pp
2021 · 51.3%
2018: 77.4%highest in 5 years
2019: 38.1%▼ -50.7% vs 2018
2020: 39.4%▲ +3.3% vs 2019
2021: 51.3%▲ +30.3% vs 2020
2022: 17.6%▼ -65.7% vs 2021lowest in 5 years
2018 → 2022
Net result
€-28k
2021 · €434k
2018: €1.70Mhighest in 5 years
2019: €386k▼ -77.3% vs 2018
2020: €467k▲ +21.1% vs 2019
2021: €434k▼ -7.1% vs 2020
2022: €-28k▼ -106% vs 2021lowest in 5 years
2018 → 2022
Working capital
€2.17M▼ 1.0%
2021 · €2.19M
2018: €1.62M
2019: €346k▼ -78.6% vs 2018lowest in 5 years
2020: €677k▲ +95.8% vs 2019
2021: €2.19M▲ +224% vs 2020highest in 5 years
2022: €2.17M▼ -1.0% vs 2021
2018 → 2022
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Turnover€2.49M-€1.70M▼ 31.7%€1.85M▲ 8.8%€864k▼ 53.3%€446k▼ 48.3%
2018: €2.49Mhighest in 5 years
2019: €1.70M▼ -31.7% vs 2018
2020: €1.85M▲ +8.8% vs 2019
2021: €864k▼ -53.3% vs 2020
2022: €446k▼ -48.3% vs 2021lowest in 5 years
Equity€5.56M-€5.95M▲ 6.9%€6.42M▲ 7.9%€6.85M▲ 6.8%€6.82M▼ 0.4%
2018: €5.56Mlowest in 5 years
2019: €5.95M▲ +6.9% vs 2018
2020: €6.42M▲ +7.9% vs 2019
2021: €6.85M▲ +6.8% vs 2020highest in 5 years
2022: €6.82M▼ -0.4% vs 2021
Operating result€1.92M-€647k▼ 66.3%€727k▲ 12.4%€443k▼ 39.1%€79k▼ 82.3%
2018: €1.92Mhighest in 5 years
2019: €647k▼ -66.3% vs 2018
2020: €727k▲ +12.4% vs 2019
2021: €443k▼ -39.1% vs 2020
2022: €79k▼ -82.3% vs 2021lowest in 5 years
Net result€1.70M-€386k▼ 77.3%€467k▲ 21.1%€434k▼ 7.1%€-28k
2018: €1.70Mhighest in 5 years
2019: €386k▼ -77.3% vs 2018
2020: €467k▲ +21.1% vs 2019
2021: €434k▼ -7.1% vs 2020
2022: €-28k▼ -106% vs 2021lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2022 is 82% below 2021 and is the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €11.36M
Fixed assets
€9.00M ▼ 0.2%
Current assets
€2.36M ▼ 31.9%
Equity and liabilities €11.36M
Equity
€6.82M ▼ 0.4%
Debt
€4.54M ▼ 19.4%
Debt's share of the balance-sheet total falls from 45.1% to 40.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€94k▼
2021 · €458k
Cash flow
€-13k▼
2021 · €449k
Current ratio
12.34▲
2021 · 2.72
Debt to equity
0.67▼
2021 · 0.82
ROE
-0.4%▼
2021 · 6.3%
ROA
-0.2%▼
2021 · 3.5%
Interest coverage
0.69▼
2021 · 6.61
Debt ≤ 1 year
€191k▼
2021 · €1.27M
Debt > 1 year
€4.35M▼
2021 · €4.36M
Income taxes
€234▼
2021 · €146k
Staff costs
€70k▲
2021 · €65k
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 · 2022 against 2021 · 72 lines
Balance sheet
Code20212022
Assets
Total assets20/58€12.48M€11.36M▼
Fixed assets21/28€9.02M€9.00M▼
Tangible fixed assets22/27€476k€461k▼
Land and buildings22€472k€457k▼
Other tangible fixed assets26€4k€3k▼
Financial fixed assets28€8.54M€8.54M=
Affiliated companies280/1€8.54M€8.54M=
Participating interests280€7.02M€7.02M=
Amounts receivable281€1.52M€1.52M=
Current assets29/58€3.47M€2.36M▼
Amounts receivable after more than one year29-€300k
Other amounts receivable291-€300k
Amounts receivable within one year40/41€419k€368k▼
Trade receivables40€196k€158k▼
Other amounts receivable41€223k€209k▼
Cash at bank and in hand54/58€3.04M€1.69M▼
Deferred charges and accrued income490/1€5k€571▼
Equity and liabilities
Total equity and liabilities10/49€12.48M€11.36M▼
Equity10/15€6.85M€6.82M▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6.79M€6.76M▼
Non-distributable reserves130/1€756k€756k=
Legal reserve130€6k€6k=
Other1319€750k€750k=
Tax-exempt reserves132€740k€740k=
Distributable reserves133€5.29M€5.26M▼
Amounts payable17/49€5.63M€4.54M▼
Amounts payable after more than one year17€4.36M€4.35M▼
Financial debts170/4€4.36M€4.35M▼
Credit institutions173€9k-
Other loans174€4.35M€4.35M=
Amounts payable within one year42/48€1.27M€191k▼
Current portion of amounts payable after more than one year42€107k€9k▼
Trade debts44€742k€36k▼
Suppliers440/4€742k€36k▼
Taxes, remuneration and social security45€9k€12k▲
Taxes450/3€790€2k▲
Remuneration and social security454/9€8k€10k▲
Other amounts payable47/48€417k€135k▼
Income statement
Code20212022
Operating income70/76A€983k€570k▼
Turnover70€864k€446k▼
Other operating income74€120k€124k▲
Operating charges60/66A€540k€492k▼
Goods for resale, raw materials and consumables60€75k€14k▼
Purchases600/8€75k€14k▼
Services and other goods61€378k€386k▲
Remuneration, social security and pensions62€65k€70k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€15k=
Other operating charges640/8€7k€7k▼
Operating profit (loss)9901€443k€79k▼
Financial income75/76B€207k€30k▼
Recurring financial income75€30k€30k=
Income from current assets751€30k€30k=
Other financial income752/9€15-
Non-recurring financial income76B€176k-
Financial charges65/66B€70k€137k▲
Recurring financial charges65€70k€137k▲
Debt charges650€69k€136k▲
Other financial charges652/9€1k€719▼
Profit (loss) for the period before taxes9903€580k€-28k▼
Income taxes67/77€146k€234▼
Taxes670/3€146k€234▼
Profit (loss) for the period9904€434k€-28k▼
Profit (loss) for the period to be appropriated9905€434k€-28k▼
Appropriation of the result
Profit (loss) to be appropriated9906€434k€-28k▼
Transfer from equity791/2-€28k
From reserves792-€28k
Transfer to equity691/2€434k-
To other reserves6921€434k-
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (47 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €983k | €570k | ▼ 42.0% |
| Turnover70 | €2.49M | €1.70M | €1.85M | €864k | €446k | ▼ 48.3% |
| Other operating income74 | - | - | - | €120k | €124k | ▲ 3.8% |
| Operating charges60/66A | - | - | - | €540k | €492k | ▼ 9.0% |
| Goods for resale, raw materials and consumables60 | - | - | - | €75k | €14k | ▼ 81.5% |
| Purchases600/8 | - | - | - | €75k | €14k | ▼ 81.5% |
| Services and other goods61 | - | - | - | €378k | €386k | ▲ 2.1% |
| Remuneration, social security and pensions62 | - | - | - | €65k | €70k | ▲ 7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €24k | €16k | €15k | €15k | €15k | = |
| Other operating charges640/8 | - | - | - | €7k | €7k | ▼ 1.8% |
| Operating profit (loss)9901 | €1.92M | €647k | €727k | €443k | €79k | ▼ 82.3% |
| Financial income75/76B | - | - | - | €207k | €30k | ▼ 85.3% |
| Recurring financial income75 | €16k | €33k | €31k | €30k | €30k | = |
| Income from current assets751 | - | - | - | €30k | €30k | = |
| Other financial income752/9 | - | - | - | €15 | - | - |
| Non-recurring financial income76B | - | - | - | €176k | - | - |
| Financial charges65/66B | - | - | - | €70k | €137k | ▲ 94.4% |
| Recurring financial charges65 | €149k | €125k | €135k | €70k | €137k | ▲ 94.4% |
| Debt charges650 | €148k | €124k | €134k | €69k | €136k | ▲ 96.2% |
| Other financial charges652/9 | - | - | - | €1k | €719 | ▼ 30.0% |
| Profit (loss) for the period before taxes9903 | €1.79M | €556k | €624k | €580k | €-28k | ▼ 105% |
| Income taxes67/77 | €93k | €170k | €157k | €146k | €234 | ▼ 99.8% |
| Taxes670/3 | - | - | - | €146k | €234 | ▼ 99.8% |
| Profit (loss) for the period9904 | €1.70M | €386k | €467k | €434k | €-28k | ▼ 106% |
| Profit (loss) for the period to be appropriated9905 | €1.70M | €386k | €467k | €434k | €-28k | ▼ 106% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €11.18M | €13.01M | €12.43M | €12.48M | €11.36M | ▼ 9.0% |
| Fixed assets21/28 | €7.36M | €10.22M | €10.20M | €9.02M | €9.00M | ▼ 0.2% |
| Tangible fixed assets22/27 | €523k | €507k | €491k | €476k | €461k | ▼ 3.2% |
| Land and buildings22 | - | - | - | €472k | €457k | ▼ 3.1% |
| Other tangible fixed assets26 | - | - | - | €4k | €3k | ▼ 17.6% |
| Financial fixed assets28 | €6.84M | €9.71M | €9.71M | €8.54M | €8.54M | = |
| Affiliated companies280/1 | - | - | - | €8.54M | €8.54M | = |
| Participating interests280 | - | - | - | €7.02M | €7.02M | = |
| Amounts receivable281 | - | - | - | €1.52M | €1.52M | = |
| Current assets29/58 | €3.82M | €2.79M | €2.22M | €3.47M | €2.36M | ▼ 31.9% |
| Amounts receivable after more than one year29 | - | - | - | - | €300k | - |
| Other amounts receivable291 | - | - | - | - | €300k | - |
| Amounts receivable within one year40/41 | €1.56M | €382k | €364k | €419k | €368k | ▼ 12.3% |
| Trade receivables40 | - | - | - | €196k | €158k | ▼ 19.4% |
| Other amounts receivable41 | - | - | - | €223k | €209k | ▼ 6.0% |
| Cash at bank and in hand54/58 | €2.25M | €2.41M | €1.85M | €3.04M | €1.69M | ▼ 44.3% |
| Deferred charges and accrued income490/1 | - | - | - | €5k | €571 | ▼ 89.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €11.18M | €13.01M | €12.43M | €12.48M | €11.36M | ▼ 9.0% |
| Equity10/15 | €5.56M | €5.95M | €6.42M | €6.85M | €6.82M | ▼ 0.4% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | - | - | - | €62k | €62k | = |
| Issued capital100 | - | - | - | €62k | €62k | = |
| Reserves13 | €5.50M | €5.89M | €6.35M | €6.79M | €6.76M | ▼ 0.4% |
| Non-distributable reserves130/1 | - | - | - | €756k | €756k | = |
| Legal reserve130 | - | - | - | €6k | €6k | = |
| Other1319 | - | - | - | €750k | €750k | = |
| Tax-exempt reserves132 | - | - | - | €740k | €740k | = |
| Distributable reserves133 | - | - | - | €5.29M | €5.26M | ▼ 0.5% |
| Amounts payable17/49 | €5.61M | €7.06M | €6.01M | €5.63M | €4.54M | ▼ 19.4% |
| Amounts payable after more than one year17 | €3.41M | €4.61M | €4.47M | €4.36M | €4.35M | ▼ 0.2% |
| Financial debts170/4 | - | - | - | €4.36M | €4.35M | ▼ 0.2% |
| Credit institutions173 | - | - | - | €9k | - | - |
| Other loans174 | - | - | - | €4.35M | €4.35M | = |
| Amounts payable within one year42/48 | €2.20M | €2.45M | €1.54M | €1.27M | €191k | ▼ 85.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €107k | €9k | ▼ 91.7% |
| Trade debts44 | €135k | €290k | €918k | €742k | €36k | ▼ 95.1% |
| Suppliers440/4 | - | - | - | €742k | €36k | ▼ 95.1% |
| Taxes, remuneration and social security45 | - | - | - | €9k | €12k | ▲ 30.6% |
| Taxes450/3 | - | - | - | €790 | €2k | ▲ 175% |
| Remuneration and social security454/9 | - | - | - | €8k | €10k | ▲ 16.8% |
| Other amounts payable47/48 | - | - | - | €417k | €135k | ▼ 67.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.70M | €386k | €467k | €434k | €-28k | ▼ 106% |
| + Depreciation and write-downs630 | €24k | €16k | €15k | €15k | €15k | = |
| Operating cash flow (approximation) | €1.72M | €402k | €482k | €449k | €-13k | ▼ 103% |
| Investment in fixed assets (approximation) | - | €-2.87M | €-3k | €1.17M | €0 | ▼ 100% |
| Change in cash | - | €160k | €-560k | €1.19M | €-1.35M | ▼ 213% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
27-01
State Gazette act
General meeting · Demerger
Real estate · Accounting effect
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €-28k
Net result drops to €-28k, the lowest in the series.
31-12
Financial
Liquidity times 5current ratio 12.34
Current ratio from 2.72 to 12.34; short-term debt falls from €1.27M to €191k.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 26 days late
2021
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
09-09
State Gazette act
Board meeting · Director appointment
Officer appointment condition · Permanent representative
21-08
State Gazette act
General meeting · Legal-form conversion
Net-asset statement · Capital
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
28-04
State Gazette act
General meeting · Legal-form conversion
Purpose change · Corporate purpose
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
Show earlier events
2017
10-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
27-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
14-01
State Gazette act
General meeting · Director appointment
Permanent representative · Mandate compensation
14-01
State Gazette act
General meeting · Director appointment
Permanent representative · Mandate compensation
2015
02-12
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
27-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
25-07
NBB filing
Annual accounts filed
fiscal year 2014 · consolidated
2012
10-04
State Gazette act
General meeting · Registered-office move
Director resignation · Permanent representative
2010
20-12
State Gazette act
General meeting · Director appointment
Permanent representative
2009
16-02
State Gazette act
Incorporation · Founding capital
First fiscal year · Corporate purpose
16-02
State Gazette act
Incorporation · Founding capital
Bank account · Corporate purpose
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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About the unread acts
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Structure & network
Connections & network
2 connected companiesLinked via shared directors
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Ownership & control
2 board mandatesBoard mandates of this companythis company sits on their board2
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