FIMUKO
ActiveFIMUKO has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €87k and a net result of €80k. Equity is shrinking by ~15.8% per year across the filed fiscal years. Its solvency ranks better than 74% of 19357 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
95
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency89▲+25
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 3.0 against 1.4 in 2023; short-term debt: 26.9% and cash: 40.4% of total assets), and 35.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-08-2025, 21 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
21 d late
2023
20 d early
2022
29 d late
2021
261 d late
2020
249 d late
2019
122 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€87k=
2023 · €87k
2018: €155k
2019: €159k
2020: €70k
2021: €60k
2022: €13k
2023: €87k
2018 → 2024
Total assets
€135k▼ 39.4%
2023 · €223k
2018: €247k
2019: €307k
2020: €138k
2021: €152k
2022: €235k
2023: €223k
2018 → 2024
Net result
€80k▲ 8.3%
2023 · €74k
2018: €4k
2019: €4k
2020: €-89k
2021: €-10k
2022: €-48k
2023: €74k
2018 → 2024
Working capital
€73k▲ 37.4%
2023 · €53k
2018: €134k
2019: €127k
2020: €65k
2021: €53k
2022: €-29k
2023: €53k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€70k-€60k▼ 14.1%€13k▼ 79.1%€87k▲ 584%€87k=
Operating result€-59k-€-6k▲ 89.9%€-47k▼ 699%€73k€87k▲ 19.0%
Net result€-89k-€-10k▲ 88.8%€-48k▼ 381%€74k€80k▲ 8.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 19% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €135k
Fixed assets
€26k▼ 27.4%
Current assets
€109k▼ 41.6%
Equity and liabilities €135k
Equity
€87k=
Debt
€48k▼ 64.4%
The debt ratio falls from 61.1% to 35.9%. Debt is lower.
Key figures and ratios
EBITDA
€97k▲
2023 · €83k
Cash flow
€90k▲
2023 · €84k
Solvency
64.1%▲
2023 · 38.9%
Current ratio
3.00▲
2023 · 1.40
Quick ratio
3.00▲
2023 · 1.40
Debt / equity
0.56▼
2023 · 1.57
ROE
92.5%▲
2023 · 85.4%
ROA
59.3%▲
2023 · 33.2%
Interest coverage
65.63▼
2023 · 114.54
Debt
€48k▼
2023 · €136k
Debt ≤ 1 year
€36k▼
2023 · €134k
Income taxes
€6k▲
2023 · €-1k
Staff costs
€10k▲
2023 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€223k€135k▼
Fixed assets21/28€35k€26k▼
Tangible fixed assets22/27€33k€23k▼
Furniture and vehicles24€33k€23k▼
Financial fixed assets28€3k€3k=
Current assets29/58€187k€109k▼
Amounts receivable within one year40/41€139k€55k▼
Trade receivables40€79k€45k▼
Other amounts receivable41€60k€10k▼
Cash at bank and in hand54/58€47k€54k▲
Deferred charges and accrued income490/1€854-
Equity and liabilities
Total equity and liabilities10/49€223k€135k▼
Equity10/15€87k€87k=
Contributions10/11€19k€19k=
Reserves13€140k€68k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€139k€66k▼
Profit (loss) carried forward14€-72k€46▲
Amounts payable17/49€136k€48k▼
Amounts payable within one year42/48€134k€36k▼
Trade debts44€52k€12k▼
Suppliers440/4€52k€12k▼
Taxes, remuneration and social security45€11k€24k▲
Taxes450/3€11k€24k▲
Other amounts payable47/48€71k-
Accrued charges and deferred income492/3€2k€12k▲
Income statement
Code20232024
Remuneration, social security and pensions62€4k€10k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€22k
Other operating charges640/8€1k€451▼
Non-recurring operating charges66A-€5k
Gross operating margin9900€88k€135k▲
Operating profit (loss)9901€73k€87k▲
Financial income75/76B€246€81▼
Recurring financial income75€246€81▼
Financial charges65/66B€727€1k▲
Recurring financial charges65€727€1k▲
Profit (loss) for the period before taxes9903€73k€86k▲
Income taxes67/77€-1k€6k▲
Profit (loss) for the period9904€74k€80k▲
Profit (loss) for the period to be appropriated9905€74k€80k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-72k€8k▲
Profit (loss) brought forward from the previous period14P€-146k€-72k▲
Transfer from equity791/2-€73k
Profit to be distributed694/7-€80k
Directors or managers695-€80k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
31-12
Financial
Highest result since 2018net €80k ▲8.3%
Operating result €87k, net result €80k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 3.00
Current ratio from 1.40 to 3.00; short-term debt falls from €134k to €36k.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €74k
Net result €74k after 3 loss-making years.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
18-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 261 days late
2022
06-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 249 days late
2020
31-12
Financial
Weakest financial yearnet €-89k ▼2240%
Net result drops to €-89k, the lowest in the series; recovery starts the following year.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
09-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 70 days late
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 24 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2011
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
08-03-2011
Resigned as Manager
Location & real-estate footprint
Registered office, Liedekerke · 1 establishment unit since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Muilenstraat 101770 LiedekerkeGround area
1,092 m²
Building footprint
268 m²
Volume, LiDAR
1,499 m³
Parcel 23044A0625/00H002, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FIMUKO
since 20072.162.934.902
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23044A0625/00H002 | Flanders | 1,092 m² | 1 · 268 m² | 9.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
T.H.D.
BE 0866.767.254
Anderlecht · Eq €86k
Mariaburght Vastgoed
BE 0674.368.843
Antwerpen · Eq €87k
ORIGO
BE 0720.753.154
Lanaken · Eq €88k
Degrande Solutions
BE 0598.921.055
Kortrijk · Eq €85k
Ysewijn Konstrukt
BE 0643.998.935
Hamme (Vl.) · Eq €85k
Of 1,292 companies in sector 68122 we hold annual accounts for 901. 518 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded23-03-2007
Fiscal year end31-12
Activities, NACEBEL
68122Development of non-residential building projects
68110Buying and selling of own real estate
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.