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FIMO CONSTRUCT

Active
Private limited companyfounded 2023active for 3 yearsWestbroek (GRE) 30, 9200 Dendermonde, BelgiumKBO/BCE: BE 0799.150.534
Summary

FIMO CONSTRUCT has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €43,622 and a net result of €37,523. Its solvency ranks better than 76% of 9,309 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (29 days) Filed on 29 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00450567.

Equity
€43,622▲ 615%
2024 · €6,099
Total assets
€64,775▼ 78.3%
2024 · €298,806
Net result
€37,523▲ 378×
2024 · €99
Working capital
€42,010▼ 83.9%
2024 · €261,618
Trend over the years

2024 to 2025, 2 financial years

The operating result rises in 2025; 2025 is 4.2 times 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€60,219 2025 Net result€37,523 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: 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).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€14,401-€60,219▲ 318%
Net result€99within the sector's middle half-€37,523above the sector's middle half▲ 378×
Equity€6,099below the sector's middle half-€43,622within the sector's middle half▲ 615%
Total assets€298,806above the sector's middle half-€64,775within the sector's middle half▼ 78.3%
Debt€292,706-€21,153▼ 92.8%
Working capital€261,618above the sector's middle half-€42,010within the sector's middle half▼ 83.9%
Solvency2.0%below the sector's middle half-67.3%above the sector's middle half▲ 65.3pp
Current ratio8.51above the sector's middle half-2.99within the sector's middle half▼ 5.52
Return on assets (ROA)0.0%within the sector's middle half-57.9%above the sector's middle half▲ 57.9pp
above within below the middle half of NACE 41, Construction of residential and non-residential buildings: 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.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €64,775
Equity €43,622 ▲ 615%
Debt €21,153 ▼ 92.8%
Debt's share of the balance-sheet total falls from 98.0% to 32.7%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€60,963▲
2024 · €15,764
Cash flow
€38,267▲
2024 · €1,463
Debt to equity
0.48▼
2024 · 47.99
ROE
86.0%▲
2024 · 1.6%
Interest coverage
4.56▲
2024 · 1.26
Debt ≤ 1 year
€21,153▼
2024 · €34,831
Income taxes
€9,673▲
2024 · €1,800
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

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 39,278 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet Code20242025
Assets
Total assets20/58€298,806€64,775▼
Formation expenses20€2,356€1,612▼
Current assets29/58€296,450€63,163▼
Stocks and contracts in progress3€244,683-
Stocks30/36€244,683-
Amounts receivable within one year40/41€24,983€23,622▼
Trade receivables40€4,827€10,196▲
Other amounts receivable41€20,155€13,426▼
Cash at bank and in hand54/58€22,945€38,136▲
Deferred charges and accrued income490/1€3,839€1,405▼
Equity and liabilities
Total equity and liabilities10/49€298,806€64,775▼
Equity10/15€6,099€43,622▲
Contributions10/11€6,000€6,000=
Profit (loss) carried forward14€99€37,622▲
Amounts payable17/49€292,706€21,153▼
Amounts payable after more than one year17€250,000-
Financial debts170/4€250,000-
Amounts payable within one year42/48€34,831€21,153▼
Trade debts44€19,321€2,441▼
Suppliers440/4€19,321€2,441▼
Taxes, remuneration and social security45€15,510€18,711▲
Taxes450/3€15,510€18,711▲
Accrued charges and deferred income492/3€7,875-
Income statement Code20242025
Non-recurring operating income76A€9,062-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,363€744▼
Other operating charges640/8€4,953€731▼
Gross operating margin9900€20,718€61,693▲
Operating profit (loss)9901€14,401€60,219▲
Financial income75/76B-€349
Recurring financial income75-€349
Financial charges65/66B€12,501€13,372▲
Recurring financial charges65€12,501€13,372▲
Profit (loss) for the period before taxes9903€1,899€47,196▲
Income taxes67/77€1,800€9,673▲
Profit (loss) for the period9904€99€37,523▲
Profit (loss) for the period to be appropriated9905€99€37,523▲
Appropriation of the result
Profit (loss) to be appropriated9906€99€37,622▲
Profit (loss) brought forward from the previous period14P-€99

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Non-recurring operating income76A€9,062--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,363€744▼ 45.4%
Other operating charges640/8€4,953€731▼ 85.2%
Gross operating margin9900€20,718€61,693▲ 198%
Operating profit (loss)9901€14,401€60,219▲ 318%
Financial income75/76B-€349-
Recurring financial income75-€349-
Financial charges65/66B€12,501€13,372▲ 7.0%
Recurring financial charges65€12,501€13,372▲ 7.0%
Profit (loss) for the period before taxes9903€1,899€47,196▲ 25×
Income taxes67/77€1,800€9,673▲ 437%
Profit (loss) for the period9904€99€37,523▲ 378×
Profit (loss) for the period to be appropriated9905€99€37,523▲ 378×
Line20242025Change
Assets
Total assets20/58€298,806€64,775▼ 78.3%
Formation expenses20€2,356€1,612▼ 31.6%
Current assets29/58€296,450€63,163▼ 78.7%
Stocks and contracts in progress3€244,683--
Stocks30/36€244,683--
Amounts receivable within one year40/41€24,983€23,622▼ 5.4%
Trade receivables40€4,827€10,196▲ 111%
Other amounts receivable41€20,155€13,426▼ 33.4%
Cash at bank and in hand54/58€22,945€38,136▲ 66.2%
Deferred charges and accrued income490/1€3,839€1,405▼ 63.4%
Equity and liabilities
Total equity and liabilities10/49€298,806€64,775▼ 78.3%
Equity10/15€6,099€43,622▲ 615%
Contributions10/11€6,000€6,000=
Profit (loss) carried forward14€99€37,622▲ 379×
Amounts payable17/49€292,706€21,153▼ 92.8%
Amounts payable after more than one year17€250,000--
Financial debts170/4€250,000--
Amounts payable within one year42/48€34,831€21,153▼ 39.3%
Trade debts44€19,321€2,441▼ 87.4%
Suppliers440/4€19,321€2,441▼ 87.4%
Taxes, remuneration and social security45€15,510€18,711▲ 20.6%
Taxes450/3€15,510€18,711▲ 20.6%
Accrued charges and deferred income492/3€7,875--
Line20242025Change
Profit (loss) for the period9904€99€37,523▲ 378×
+ Depreciation and write-downs630€1,363€744▼ 45.4%
Operating cash flow (approximation)€1,463€38,267▲ 26×
Change in cash-€15,191-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2025 micro format 29-08-2026 2026-00450567
31-12-2024 micro format 25-08-2025 2025-00397078

Similar companies · same sector, comparable size

Of the 29,229 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,180. 13,073 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.