FIMO
ActiveSummary
FIMO has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of -€89,733. Equity remains stable across the filed financial years (±1.9% per year). Its solvency ranks better than 93% of 3,840 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Staff
- 1 FTE
- Equity
- €1.1m
- Loss
- -€89,733
- Board
- 4 members
- Serge MOTINChair
Why 94raises riskLoss of €89,733, the second in a row (financial year 2025)lowers riskLiquidity: current ratio 23.61, cash €530,325Equity €1.1m (97.8% of total assets)Founded in 1990Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 70, micro): better than 86% on solvency, 97% on liquidity, 10% on profitability and 30% on growth.
The bankruptcy probability was computed on 21-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 40 days before the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · full…
- Annual accounts filedfinancial year 2024 · full…
- Annual accounts filedfinancial year 2023 · full…
Financials · financial year 2025, full format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €89,272 in 2025 against €107,277 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 12,322 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90.3% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 12,322 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €49,897 | €51,685 | €57,403 | €57,706 | €64,304 | ▲ 11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €26,270 | €20,380 | €4,646 | €5,300 | €18,850 | €34,070 | €39,914 | €41,352 | ▲ 3.6% |
| Other operating charges640/8 | - | - | - | €11,434 | €6,796 | €2,093 | €2,828 | €3,863 | ▲ 36.6% |
| Non-recurring operating charges66A | - | - | - | €516,049 | - | - | - | - | - |
| Gross operating margin9900 | -€59,521 | -€44,035 | €2,532 | -€18,369 | -€49,483 | -€146,048 | -€6,829 | €20,247 | - |
| Operating profit (loss)9901 | -€164,484 | -€122,507 | -€60,779 | -€601,049 | -€126,814 | -€239,614 | -€107,277 | -€89,272 | ▲ 16.8% |
| Financial charges65/66B | - | - | - | €92,280 | €418 | €341 | €227 | €242 | ▲ 6.6% |
| Recurring financial charges65 | €903 | €178 | €296 | €92,280 | €418 | €341 | €227 | €242 | ▲ 6.6% |
| Profit (loss) for the period before taxes9903 | -€165,387 | -€122,685 | -€61,075 | -€693,329 | -€127,232 | -€239,955 | -€107,504 | -€89,514 | ▲ 16.7% |
| Income taxes67/77 | €245 | €956 | €956 | €115 | €172 | €212 | - | €219 | - |
| Profit (loss) for the period9904 | -€165,632 | -€123,641 | -€62,031 | -€693,444 | -€127,404 | -€240,167 | -€107,504 | -€89,733 | ▲ 16.5% |
| Profit (loss) for the period to be appropriated9905 | -€165,632 | -€123,641 | -€62,031 | -€693,444 | -€127,404 | -€240,167 | -€107,504 | -€89,733 | ▲ 16.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €3.8m | €3.8m | €3.8m | €1.6m | €1.5m | €1.3m | €1.2m | €1.1m | ▼ 7.2% |
| Fixed assets21/28 | €0.1m | €0.1m | €0.1m | €0.02m | €0.4m | €0.6m | €0.5m | €0.5m | ▼ 1.3% |
| Tangible fixed assets22/27 | €0.03m | €0.008m | €0.03m | €0.02m | €0.4m | €0.6m | €0.5m | €0.5m | ▼ 1.3% |
| Land and buildings22 | - | - | - | €0.007m | €0.006m | €0.006m | €0.005m | €0.005m | ▼ 9.7% |
| Furniture and vehicles24 | - | - | - | €0.02m | €0.01m | €0.005m | €0.001m | €0.03m | ▲ 4,324% |
| Other tangible fixed assets26 | - | - | - | - | €0.4m | €0.6m | €0.5m | €0.5m | ▼ 6.6% |
| Financial fixed assets28 | €0.09m | €0.09m | €0.09m | - | - | - | - | - | - |
| Current assets29/58 | €3.7m | €3.7m | €3.7m | €1.6m | €1.1m | €0.7m | €0.6m | €0.6m | ▼ 12.1% |
| Stocks and contracts in progress3 | €3.1m | €3.1m | €3.1m | €0.9m | €0.9m | €0.02m | €0.02m | €0.02m | = |
| Stocks30/36 | - | - | - | €0.9m | €0.9m | €0.02m | €0.02m | €0.02m | = |
| Amounts receivable within one year40/41 | €0.6m | €0.6m | €0.6m | €0.001m | €0.006m | €0.003m | €0.005m | €0.008m | ▲ 45.6% |
| Other amounts receivable41 | - | - | - | €0.001m | €0.006m | €0.003m | €0.005m | €0.008m | ▲ 45.6% |
| Current investments50/53 | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Cash at bank and in hand54/58 | €0.005m | €0.004m | €0.006m | €0.7m | €0.2m | €0.7m | €0.6m | €0.5m | ▼ 13.0% |
| Deferred charges and accrued income490/1 | - | - | - | €0.004m | €0.001m | €0.002m | €0.002m | €0.002m | ▼ 10.2% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €3.8m | €3.8m | €3.8m | €1.6m | €1.5m | €1.3m | €1.2m | €1.1m | ▼ 7.2% |
| Equity10/15 | €1.3m | €1.1m | €1.1m | €0.4m | €0.2m | €1.3m | €1.1m | €1.1m | ▼ 7.8% |
| Contributions10/11 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €1.5m | €1.5m | €1.5m | = |
| Capital10 | - | - | - | €0.2m | €0.2m | €1.5m | €1.5m | €1.5m | = |
| Issued capital100 | - | - | - | €0.2m | €0.2m | €1.5m | €1.5m | €1.5m | = |
| Reserves13 | €3.0m | €3.0m | €3.0m | €3.0m | €3.0m | €0.02m | €0.02m | €0.02m | = |
| Non-distributable reserves130/1 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Legal reserve130 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Distributable reserves133 | - | - | - | €3.0m | €3.0m | - | - | - | - |
| Profit (loss) carried forward14 | -€2.0m | -€2.1m | -€2.2m | -€2.9m | -€3.0m | -€0.3m | -€0.4m | -€0.5m | ▼ 23.9% |
| Amounts payable17/49 | €2.6m | €2.7m | €2.8m | €1.3m | €1.3m | €0.02m | €0.02m | €0.02m | ▲ 33.1% |
| Amounts payable after more than one year17 | - | - | €0.006m | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €2.6m | €2.7m | €2.7m | €1.3m | €1.3m | €0.02m | €0.02m | €0.02m | ▲ 33.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.006m | €0.001m | - | - | - | - |
| Trade debts44 | €0.01m | €0.01m | €0.007m | €0.005m | €0.01m | €0.008m | €0.003m | €0.007m | ▲ 144% |
| Suppliers440/4 | - | - | - | €0.005m | €0.01m | €0.008m | €0.003m | €0.007m | ▲ 144% |
| Taxes, remuneration and social security45 | - | - | - | €0.006m | €0.006m | €0.007m | €0.007m | €0.009m | ▲ 24.7% |
| Remuneration and social security454/9 | - | - | - | €0.006m | €0.006m | €0.007m | €0.007m | €0.009m | ▲ 24.7% |
| Other amounts payable47/48 | - | - | - | €1.3m | €1.3m | €0.009m | €0.008m | €0.008m | ▼ 0.2% |
| Accrued charges and deferred income492/3 | - | - | - | €38 | €75 | €75 | €75 | €75 | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€165,632 | -€123,641 | -€62,031 | -€693,444 | -€127,404 | -€240,167 | -€107,504 | -€89,733 | ▲ 16.5% |
| + Depreciation and write-downs630 | €26,270 | €20,380 | €4,646 | €5,300 | €18,850 | €34,070 | €39,914 | €41,352 | ▲ 3.6% |
| Operating cash flow (approximation) | -€139,362 | -€103,261 | -€57,385 | -€688,144 | -€108,554 | -€206,097 | -€67,590 | -€48,381 | ▲ 28.4% |
| Investment in fixed assets (approximation) | - | -€1,064 | -€23,328 | €90,000 | -€420,233 | -€178,081 | €0 | -€34,522 | - |
| Change in cash | - | -€1,103 | €2,206 | €688,031 | -€526,258 | €517,832 | -€76,183 | -€79,185 | ▼ 3.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 35 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 16-06-2026 | 2026-00165142 |
| 31-12-2024 | full format | 02-06-2025 | 2025-00114364 |
| 31-12-2023 | full format | 14-06-2024 | 2024-00130908 |
| 31-12-2022 | full format | 15-06-2023 | 2023-00128551 |
| 31-12-2021 | full format | 21-06-2022 | 2022-20078014 |
| 31-12-2020 | full format | 02-07-2021 | 2021-31000124 |
| 31-12-2019 | full format | 15-07-2020 | 2020-31000130 |
| 31-12-2018 | full format | 24-06-2019 | 2019-21900441 |
| 31-12-2017 | full format | 10-07-2018 | 2018-31300478 |
| 31-12-2016 | full format | 19-07-2017 | 2017-33400317 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 4
Day-to-day management 2
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Delphine MOTIN |
|
| Dominique BEAUME |
|
| Laurent MOTIN |
|
| Serge MOTIN |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
4 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
19-02
Gazette deed
Resignations: Serge MOTIN, Dominique BEAUME and 2 othersAppointments: Serge MOTIN, Dominique BEAUME and 2 others · Permanent representative: Serge MOTIN · Auditor report25 facts ▸
- General meeting, “assemblée générale extraordinaire des actionnaires” (deed in French)
- Auditor report, “Louvain-la-Neuve, aucune constatation significative” (deed in French)
- Other provision, “rapport conseil administration sur apport en nature, greffe tribunal entreprise” (deed in French)
- Capital increase, €1,250,000
- Capital, €1,497,893.52 (2 times)
- Other provision, “dispense lecture rapport modification objet, article 7:154 CSA” (deed in French)
- Purpose change
- Director resignation, Serge MOTIN (director (not named in the articles))
- Director resignation, Dominique BEAUME (director (not named in the articles))
- Director resignation, Delphine MOTIN (director (not named in the articles))
- Director resignation, Laurent MOTIN (director (not named in the articles))
- Director appointment, Serge MOTIN (statutory director) (2 times)
- +13 further facts in this act
About the unread acts
Of the 8 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 7 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 21 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
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, with enterprise number 0442.779.363
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25013B0107/00D000 | Wallonia | 1.2 ha | 1 · 506 m² | 11.9 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Lemanagementdesociété; Lemarketing; Lagestionetl’organisationd’entreprises…” (deed in French)
10 activities (deed in French)
- Lemanagementdesociété
- Lemarketing
- Lagestionetl’organisationd’entreprises
- Laconstitutionetlagestiondesonpropreportefeuilledevaleursmobilièresetnotammentdetitresobligataires,lefinancementdesentreprisesquiluisontliées,lacollectedeliquidités,àvueouàterme,éventuellementparémissiondevaleursmobilières,auprèsd’entreprisesquiluisontliéesdanslebutdencentraliserleplacement,definancersespropresopérations,oudefinancerlesopérationsd’entreprisesquiluisontliées,lefinancementd’entreprisesquiluisontliées,laréalisationdetouteopérationsurmarchésfinanciersdérivés,notammentdansunbutdecouverturecontrelerisquedechangeoudevariationdetauxd’intérêts,ainsiquelaprestation,auprèsnotammentdesentreprisesliées,deservicesspécifiquesadministratifs,juridiques,financiersouimmobiliers.Enoutre,lasociétépourraexercertouteactivitéconnexeoucomplémentaireàsonobjetsocial,oupermettantd’enfaciliterlaréalisation,etnotammentlacollectedefinancementsauprèsd’établissementsfinanciers,ainsiquel’émissiond’obligationsdanslebutdefinancerlesopérationsluipermettantderéalisersonobjet
- Ellepeutconstituer,développeretgérerunpatrimoinemobilieretfairetoutesopérationsmobilièresquelconquesycompriscellesserapportantàtousdroitsmobilierscommel'acquisitionparvoied'inscriptionoudecussionetlagestiond'actions,d'obligationsconvertiblesounon,deprêtsdeconsommation,deprêtsordinaires,debonsdecaisseouautresvaleursmobilières,dequelqueformequesecoit,tantdepersonnesmoralesqued'entreprises,belgesouétrangères,existantesouencoreàconstituer
- Lagestiondeparticipationsetdeportefeuilles
- Laconstitutionetlagestiond'unpatrimoineimmobilieretlalocationfinancementdebiensimmeublesauxtiers,l'acquisitionparl'achatouautrement,lavente,l'échange,laconstruction,latransformation,l'amélioration,l’équipement,l’aménagement,l’embellissement,l'entretien,lalocation,lapriseenlocation,lelotissement,laprospectionetl'exploitationdebiensimmobiliers,ainsquetoutesopérationsqui,directementouindirectement,sontenrelationavecetobjetetquisontdenaturefavoriserl'accroissementetlerapportd'unpatrimoineimmobilier,demêmeques-portercautionpourlabonnefind’engagementsprisparlestiersquiauraientlajouissancedecesbiensimmobiliers
- Lacréation,l’achat,lavente,lapromotion,ledépôtnationalouinternationald’œuvresd’artetréalisationsartistiquesdirectementouàtitred’intermédiaire
- Toutesexpertises,conseils,évaluationd’œuvresd’art,dedécoration
- L’interventionàtitred’intermédiairepourlamiseàdispositiondecréditsdanslecadredesonobjet
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- FIMO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Six ans au plus, peut créer comités consultatifs sous responsabilité définit composition mission” (deed in French)“Requiert modification statuts” (deed in French)1 more provision on this in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Prix proposé cédant, toute cession de titres entre vifs ou transmission pour cause de mort” (deed in French)
- Authorised capitalThe amount by which the board may raise capital without a new shareholder decision.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Thursday of May at 18:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Organe d’administration en fonction comme collège, dissolution pour quelque raison que ce soit à n’importe quel moment” (deed in French)1 more provision on this in the deed