Summary
FIMUT has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2013 annual accounts show equity of €28,587 and a net result of €96,462. Equity is growing by about 22% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.4% (very low).
Financials · financial year 2013, abbreviated format
2009 to 2013, 5 financial years 2009 to 2013, 5 financial years
The operating result has risen four years in a row; 2013 is 4.9 times 2012 and is the highest result in the available series.
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.
Use the arrow keys on the chart for the figures per year.
| Line | 2009 | 2010 | 2011 | 2012 | 2013 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,584 | €10,613 | €10,613 | €10,613 | €3,686 | ▼ 65.3% |
| Gross operating margin9900 | €133,302 | €289,122 | €237,792 | €182,311 | €122,933 | ▼ 32.6% |
| Operating profit (loss)9901 | -€263,906 | -€21,289 | €5,506 | €19,971 | €97,509 | ▲ 388% |
| Recurring financial income75 | €776 | €1,166 | €907 | €136 | €5 | ▼ 96.2% |
| Recurring financial charges65 | €777 | €597 | €646 | €599 | €874 | ▲ 45.9% |
| Profit (loss) for the period before taxes9903 | -€263,907 | -€20,720 | €5,767 | €19,508 | €96,640 | ▲ 395% |
| Profit (loss) for the period9904 | -€263,665 | -€20,720 | €5,566 | €19,120 | €96,462 | ▲ 405% |
| Profit (loss) for the period to be appropriated9905 | - | - | - | - | €96,462 | - |
| Line | 2009 | 2010 | 2011 | 2012 | 2013 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.5m | €1.6m | €1.7m | €1.5m | €1.6m | ▲ 8.0% |
| Fixed assets21/28 | €0.04m | €0.03m | €0.02m | €0.06m | €0.06m | ▼ 9.1% |
| Tangible fixed assets22/27 | €0.04m | €0.03m | €0.02m | €0.01m | €0.001m | ▼ 92.1% |
| Financial fixed assets28 | €350 | €325 | €100 | €0.05m | €0.06m | ▲ 10.0% |
| Current assets29/58 | €1.4m | €1.6m | €1.7m | €1.4m | €1.5m | ▲ 8.8% |
| Stocks and contracts in progress3 | €0.02m | €0.02m | €0.02m | - | - | - |
| Amounts receivable within one year40/41 | €1.3m | €1.4m | €1.5m | €1.3m | €1.4m | ▲ 7.0% |
| Cash at bank and in hand54/58 | €0.04m | €0.02m | €0.03m | - | €0.05m | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.5m | €1.6m | €1.7m | €1.5m | €1.6m | ▲ 8.0% |
| Equity10/15 | -€0.07m | -€0.09m | -€0.09m | -€0.07m | €0.03m | - |
| Profit (loss) carried forward14 | -€0.5m | -€0.5m | -€0.5m | -€0.5m | -€0.4m | ▲ 20.2% |
| Provisions and deferred taxes16 | €0.02m | €0.01m | €0.01m | €0.01m | €0.01m | ▼ 3.4% |
| Amounts payable17/49 | €1.5m | €1.7m | €1.8m | €1.5m | €1.6m | ▲ 1.5% |
| Amounts payable within one year42/48 | €1.5m | €1.7m | €1.8m | €1.5m | €1.6m | ▲ 1.2% |
| Trade debts44 | €1.5m | €1.7m | €1.8m | €1.5m | €1.6m | ▲ 1.4% |
| Line | 2009 | 2010 | 2011 | 2012 | 2013 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€263,665 | -€20,720 | €5,566 | €19,120 | €96,462 | ▲ 405% |
| + Depreciation and write-downs630 | €10,584 | €10,613 | €10,613 | €10,613 | €3,686 | ▼ 65.3% |
| Operating cash flow (approximation) | -€253,081 | -€10,106 | €16,179 | €29,733 | €100,148 | ▲ 237% |
| Investment in fixed assets (approximation) | - | €25 | €225 | -€49,950 | €1,927 | - |
| Change in cash | - | -€28,779 | €13,982 | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (7)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2013 | abbreviated format | 03-07-2014 | 2014-27100042 |
| 31-12-2012 | abbreviated format | 16-07-2013 | 2013-31600162 |
| 31-12-2011 | abbreviated format | 20-07-2012 | 2012-32100546 |
| 31-12-2010 | abbreviated format | 04-07-2011 | 2011-26400416 |
| 31-12-2009 | abbreviated format | 14-07-2010 | 2010-30400589 |
| 31-12-2008 | abbreviated format | 15-07-2009 | 2009-42300036 |
| 31-12-2007 | abbreviated format | 17-07-2008 | 2008-42700047 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.