Fimo
ActiveSummary
Fimo has been active since 1963 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.55M and a net result of €-36k. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 70% of 9234 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability41▼-31
Solvency81▼-5
Growth51▼-17
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity tight (current ratio 1.12 against 2.57 in 2024; short-term debt: 6.3% and cash: 0% of total assets), and 43.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
56.1%
Return on assets
-1.3%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-10-2025 was due by 31-05-2026 and was filed on 29-05-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
2 d late
2023
on the day
2022
2 d late
2021
1 d early
2020
3 d early
2019
16 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-10-2026 and is due by 31-05-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-10-2026 close31-05-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€141k▲ 14.6%
2019 · €123k
2018: €129k
2019: €123k▼ -5.1% vs 2018lowest in 3 years
2020: €141k▲ +14.6% vs 2019highest in 3 years
2018 → 2020
EBIT margin
188.4%▲ 133.1pp
2019 · 55.2%
2018: 42.4%lowest in 3 years
2019: 55.2%▲ +30.2% vs 2018
2020: 188.4%▲ +241% vs 2019highest in 3 years
2018 → 2020
Net result
€-36k
2024 · €62k
2018: €47k
2019: €58k▲ +23.3% vs 2018
2020: €210k▲ +261% vs 2019highest in 8 years
2021: €17k▼ -92.1% vs 2020
2022: €-11k▼ -165% vs 2021
2023: €-23k▼ -114% vs 2022
2024: €62k▲ +371% vs 2023
2025: €-36k▼ -157% vs 2024lowest in 8 years
2018 → 2025
Working capital
€20k▼ 90.5%
2024 · €211k
2018: €768k
2019: €765k▼ -0.4% vs 2018
2020: €928k▲ +21.4% vs 2019highest in 8 years
2021: €805k▼ -13.3% vs 2020
2022: €695k▼ -13.7% vs 2021
2023: €490k▼ -29.6% vs 2022
2024: €211k▼ -56.9% vs 2023
2025: €20k▼ -90.5% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.56M-€1.55M▼ 0.7%€1.53M▼ 1.5%€1.59M▲ 4.1%€1.55M▼ 2.2%
2021: €1.56M
2022: €1.55M▼ -0.7% vs 2021
2023: €1.53M▼ -1.5% vs 2022lowest in 5 years
2024: €1.59M▲ +4.1% vs 2023highest in 5 years
2025: €1.55M▼ -2.2% vs 2024
Operating result€838-€-31k€-32k▼ 2.1%€89k€-24k
2021: €838
2022: €-31k▼ -3844% vs 2021
2023: €-32k▼ -2.1% vs 2022lowest in 5 years
2024: €89k▲ +377% vs 2023highest in 5 years
2025: €-24k▼ -127% vs 2024
Net result€17k-€-11k€-23k▼ 114%€62k€-36k
2021: €17k
2022: €-11k▼ -165% vs 2021
2023: €-23k▼ -114% vs 2022
2024: €62k▲ +371% vs 2023highest in 5 years
2025: €-36k▼ -157% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €24k after €89k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.77M
Fixed assets
€2.57M ▲ 13.2%
Current assets
€193k ▼ 44.1%
Equity and liabilities €2.77M
Equity
€1.55M ▼ 2.2%
Provisions
€205k ▼ 4.3%
Debt
€1.01M ▲ 23.6%
Debt's share of the balance-sheet total rises from 31.2% to 36.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€83k▼
2024 · €196k
Cash flow
€71k▼
2024 · €169k
Current ratio
1.12▼
2024 · 2.57
Debt to equity
0.65▲
2024 · 0.51
ROE
-2.3%▼
2024 · 3.9%
ROA
-1.3%▼
2024 · 2.4%
Interest coverage
2.90▼
2024 · 8.76
Debt ≤ 1 year
€173k▲
2024 · €134k
Debt > 1 year
€832k▲
2024 · €675k
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 · 2025 against 2024 · 57 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.62M€2.77M▲
Fixed assets21/28€2.27M€2.57M▲
Tangible fixed assets22/27€2.27M€2.57M▲
Land and buildings22€2.26M€2.56M▲
Furniture and vehicles24€6k€11k▲
Financial fixed assets28€4k€4k=
Current assets29/58€345k€193k▼
Amounts receivable within one year40/41€323k€121k▼
Trade receivables40€13k€5k▼
Other amounts receivable41€310k€116k▼
Cash at bank and in hand54/58€2k€883▼
Deferred charges and accrued income490/1€20k€72k▲
Equity and liabilities
Total equity and liabilities10/49€2.62M€2.77M▲
Equity10/15€1.59M€1.55M▼
Contributions10/11€160k€160k=
Capital10€160k€160k=
Issued capital100€160k€160k=
Reserves13€677k€649k▼
Non-distributable reserves130/1€16k€16k=
Legal reserve130€16k€16k=
Tax-exempt reserves132€642k€614k▼
Distributable reserves133€19k€19k=
Profit (loss) carried forward14€752k€744k▼
Provisions and deferred taxes16€214k€205k▼
Deferred taxes168€214k€205k▼
Amounts payable17/49€817k€1.01M▲
Amounts payable after more than one year17€675k€832k▲
Financial debts170/4€675k€832k▲
Amounts payable within one year42/48€134k€173k▲
Current portion of amounts payable after more than one year42€113k€142k▲
Trade debts44€11k€6k▼
Suppliers440/4€11k€6k▼
Taxes, remuneration and social security45€6k€3k▼
Taxes450/3€6k€3k▼
Other amounts payable47/48€4k€22k▲
Accrued charges and deferred income492/3€8k€5k▼
Income statement
Code20242025
Remuneration, social security and pensions62€-248-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€107k€107k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€3k
Other operating charges640/8€15k€18k▲
Non-recurring operating charges66A€665-
Gross operating margin9900€211k€104k▼
Operating profit (loss)9901€89k€-24k▼
Financial income75/76B€17k€8k▼
Recurring financial income75€17k€8k▼
Financial charges65/66B€22k€29k▲
Recurring financial charges65€22k€29k▲
Profit (loss) for the period before taxes9903€84k€-45k▼
Transfer from deferred taxes780€29k€9k▼
Transfer to deferred taxes680€45k-
Income taxes67/77€5k-
Profit (loss) for the period9904€62k€-36k▼
Transfer from tax-exempt reserves789€87k€28k▼
Transfer to tax-exempt reserves689€136k-
Profit (loss) for the period to be appropriated9905€13k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€752k€744k▼
Profit (loss) brought forward from the previous period14P€738k€752k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €45k | - | - | - | - | - |
| Remuneration, social security and pensions62 | €9k | €50k | €5k | €-248 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €64k | €50k | €98k | €107k | €107k | ▼ 0.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €3k | - |
| Other operating charges640/8 | €12k | €12k | €12k | €15k | €18k | ▲ 24.5% |
| Non-recurring operating charges66A | - | - | - | €665 | - | - |
| Gross operating margin9900 | €86k | €80k | €84k | €211k | €104k | ▼ 50.5% |
| Operating profit (loss)9901 | €838 | €-31k | €-32k | €89k | €-24k | ▼ 127% |
| Financial income75/76B | €39k | €33k | €26k | €17k | €8k | ▼ 56.2% |
| Recurring financial income75 | €39k | €33k | €26k | €17k | €8k | ▼ 56.2% |
| Financial charges65/66B | €16k | €16k | €24k | €22k | €29k | ▲ 28.2% |
| Recurring financial charges65 | €16k | €16k | €24k | €22k | €29k | ▲ 28.2% |
| Profit (loss) for the period before taxes9903 | €23k | €-13k | €-30k | €84k | €-45k | ▼ 154% |
| Transfer from deferred taxes780 | €8k | €9k | €9k | €29k | €9k | ▼ 68.2% |
| Transfer to deferred taxes680 | €11k | - | - | €45k | - | - |
| Income taxes67/77 | €4k | €6k | €1k | €5k | - | - |
| Profit (loss) for the period9904 | €17k | €-11k | €-23k | €62k | €-36k | ▼ 157% |
| Transfer from tax-exempt reserves789 | €24k | €26k | €26k | €87k | €28k | ▼ 68.2% |
| Transfer to tax-exempt reserves689 | €32k | - | - | €136k | - | - |
| Profit (loss) for the period to be appropriated9905 | €8k | €15k | €3k | €13k | €-8k | ▼ 160% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.61M | €2.52M | €2.64M | €2.62M | €2.77M | ▲ 5.6% |
| Fixed assets21/28 | €1.70M | €1.70M | €2.03M | €2.27M | €2.57M | ▲ 13.2% |
| Tangible fixed assets22/27 | €1.69M | €1.70M | €2.02M | €2.27M | €2.57M | ▲ 13.2% |
| Land and buildings22 | €1.68M | €1.68M | €2.00M | €2.26M | €2.56M | ▲ 13.0% |
| Furniture and vehicles24 | €15k | €12k | €20k | €6k | €11k | ▲ 94.4% |
| Financial fixed assets28 | €4k | €5k | €5k | €4k | €4k | = |
| Current assets29/58 | €917k | €819k | €610k | €345k | €193k | ▼ 44.1% |
| Amounts receivable within one year40/41 | €907k | €812k | €597k | €323k | €121k | ▼ 62.6% |
| Trade receivables40 | €7k | €5k | €9k | €13k | €5k | ▼ 61.6% |
| Other amounts receivable41 | €901k | €807k | €589k | €310k | €116k | ▼ 62.7% |
| Cash at bank and in hand54/58 | €5k | €1k | €384 | €2k | €883 | ▼ 64.5% |
| Deferred charges and accrued income490/1 | €5k | €7k | €12k | €20k | €72k | ▲ 258% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.61M | €2.52M | €2.64M | €2.62M | €2.77M | ▲ 5.6% |
| Equity10/15 | €1.56M | €1.55M | €1.53M | €1.59M | €1.55M | ▼ 2.2% |
| Contributions10/11 | €160k | €160k | €160k | €160k | €160k | = |
| Capital10 | €160k | €160k | €160k | €160k | €160k | = |
| Issued capital100 | €160k | €160k | €160k | €160k | €160k | = |
| Reserves13 | €680k | €654k | €628k | €677k | €649k | ▼ 4.1% |
| Non-distributable reserves130/1 | €16k | €16k | €16k | €16k | €16k | = |
| Legal reserve130 | €16k | €16k | €16k | €16k | €16k | = |
| Tax-exempt reserves132 | €645k | €619k | €593k | €642k | €614k | ▼ 4.3% |
| Distributable reserves133 | €19k | €19k | €19k | €19k | €19k | = |
| Profit (loss) carried forward14 | €720k | €735k | €738k | €752k | €744k | ▼ 1.1% |
| Provisions and deferred taxes16 | €215k | €206k | €198k | €214k | €205k | ▼ 4.3% |
| Deferred taxes168 | €215k | €206k | €198k | €214k | €205k | ▼ 4.3% |
| Amounts payable17/49 | €837k | €765k | €914k | €817k | €1.01M | ▲ 23.6% |
| Amounts payable after more than one year17 | €719k | €632k | €788k | €675k | €832k | ▲ 23.3% |
| Financial debts170/4 | €719k | €632k | €788k | €675k | €832k | ▲ 23.3% |
| Amounts payable within one year42/48 | €112k | €124k | €121k | €134k | €173k | ▲ 28.8% |
| Current portion of amounts payable after more than one year42 | €87k | €87k | €112k | €113k | €142k | ▲ 26.0% |
| Financial debts43 | €5 | - | - | - | - | - |
| Credit institutions430/8 | €5 | - | - | - | - | - |
| Trade debts44 | €4k | €3k | €6k | €11k | €6k | ▼ 43.0% |
| Suppliers440/4 | €4k | €3k | €6k | €11k | €6k | ▼ 43.0% |
| Taxes, remuneration and social security45 | €9k | €22k | €1k | €6k | €3k | ▼ 54.7% |
| Taxes450/3 | €4k | €9k | €1k | €6k | €3k | ▼ 54.7% |
| Remuneration and social security454/9 | €5k | €14k | - | - | - | - |
| Other amounts payable47/48 | €12k | €12k | €2k | €4k | €22k | ▲ 390% |
| Accrued charges and deferred income492/3 | €6k | €8k | €5k | €8k | €5k | ▼ 41.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €17k | €-11k | €-23k | €62k | €-36k | ▼ 157% |
| + Depreciation and write-downs630 | €64k | €50k | €98k | €107k | €107k | ▼ 0.3% |
| Operating cash flow (approximation) | €80k | €39k | €75k | €169k | €71k | ▼ 57.9% |
| Investment in fixed assets (approximation) | - | €-55k | €-425k | €-354k | €-407k | ▼ 15.0% |
| Change in cash | - | €-4k | €-713 | €2k | €-2k | ▼ 176% |
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
Next filing, fiscal year 2026, expected by
2026
29-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-10
Financial
Weakest financial yearnet €-36k
Net result drops to €-36k, the lowest in the series.
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 2 days late
2024
31-10
Financial
Back to profitnet €62k
Net result €62k after 2 loss-making years.
31-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
02-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 2 days late
2022
30-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-10
Financial
Highest result since 2018net €210k ▲261%
Operating result €265k, net result €210k, both a record.
15-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
26-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
18-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
04-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Knokke-Heist · 1 establishment unit since 2002
Ground area
3,108 m²
Building footprint
368 m²
Volume, LiDAR
2,429 m³
Parcel 31333K0089/00H002, Flanders · tallest building 13.9 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Boslaan 57, 8300 Knokke-Heist
since 20022.018.579.797
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31333K0089/00H002 | Flanders | 3,108 m² | 1 · 368 m² | 13.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 12,020 companies in sector 68203 we hold annual accounts for 5,986. 3,840 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded21-11-1963
Fiscal year end31-10
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
Scores and ratios are computed by Checked and are not a credit decision.