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FIORIMMO

Active
Public limited companyfounded 20224 yrs activeMagere Schorre 59, 8300 Knokke-Heist, BelgiumKBO/BCE: BE 0790.274.638
Summary

The computed 12-month bankruptcy probability of FIORIMMO is 2.3% (moderate). The 2024 annual accounts show equity of €16.6m and a net result of -€326,475. Equity remains stable across the filed fiscal years (±2.4% per year). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability36▲+9
Solvency100=
Growth32=
Track record94
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €950,000 at 30 days acceptable
Liquidity short (current ratio 0.08 against 0.13 in 2023; short-term debt: 4.7% and cash: 0.3% of total assets), and 15.3% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-10-2025, 82 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 · 3 filings
Deviation from the deadline
2025
not confirmed
2024
82 d late
2023
29 d late
2022
85 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 65 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 16 August 2022, FIORIMMO was incorporated as a Public limited company.1 Total assets went from EUR 21 million in 2022 to EUR 20 million in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2024

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Financials · fiscal year 2024, abbreviated schema

Equity
€16.6m▼ 1.9%
2023 · €16.9m
Total assets
€19.6m▼ 3.1%
2023 · €20.3m
Net result
-€326,475▲ 32.9%
2023 · -€486,750
Working capital
-€841,538▲ 48.6%
2023 · -€1.6m
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202220232024
Operating result€10,159--€341,293-€148,178▲ 56.6%
Net result-€149,495--€486,750▼ 226%-€326,475▲ 32.9%
Equity€17.4m-€16.9m▼ 2.8%€16.6m▼ 1.9%
Total assets€20.7m-€20.3m▼ 2.0%€19.6m▼ 3.1%
Debt€3.2m-€3.3m▲ 2.1%€3.0m▼ 9.1%
Working capital-€1.4m--€1.6m▼ 15.7%-€841,538▲ 48.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€600,000-€400,000-€200,000€0Operating result 2022: €10,159€10,159Net result 2022: -€149,495-€149,495Operating result 2023: -€341,293-€341,293Net result 2023: -€486,750-€486,750Operating result 2024: -€148,178-€148,178Net result 2024: -€326,475-€326,475202220232024-€600,000-€400,000-€200,000€0Operating result 2022: €10,159€10,200Net result 2022: -€149,495-€149,000Operating result 2023: -€341,293-€341,000Net result 2023: -€486,750-€487,000Operating result 2024: -€148,178-€148,000Net result 2024: -€326,475-€326,000202220232024
The operating result stays negative: a loss of €148,178 in 2024 against €341,293 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €19.6m
Fixed assets €19.5m ▼ 2.3%
Current assets €72,408 ▼ 70.3%
Equity and liabilities €19.6m
Equity €16.6m ▼ 1.9%
Provisions €7,990 ▼ 5.5%
Debt €3.0m ▼ 9.1%
Debt's share of the balance-sheet total falls from 16.3% to 15.3%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€421,499▲
2023 · €201,506
Cash flow
€243,203▲
2023 · €56,049
Current ratio
0.08▼
2023 · 0.13
Debt to equity
0.18▼
2023 · 0.19
ROE
-2.0%▲
2023 · -2.9%
ROA
-1.7%▲
2023 · -2.4%
Interest coverage
2.36▲
2023 · 1.35
Debt ≤ 1 year
€913,946▼
2023 · €1.9m
Debt > 1 year
€1.8m▲
2023 · €1.3m
Income taxes
€508▲
2023 · -€3,415
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,269 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.

  • Medium-sized
  • solvency 30% or more
  • a small loss
  • without age
0.7% went bankrupt
4.2% stopped otherwise
95% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 1,269 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 · 2024 against 2023 · 58 lines
Balance sheet Code20232024
Assets
Total assets20/58€20.3m€19.6m▼
Formation expenses20€19,625€14,208▼
Fixed assets21/28€20.0m€19.5m▼
Intangible fixed assets21€33,696€22,465▼
Tangible fixed assets22/27€20.0m€19.5m▼
Land and buildings22€19.9m€19.4m▼
Plant, machinery and equipment23€14,681€8,876▼
Furniture and vehicles24€71,583€59,194▼
Financial fixed assets28€600€600=
Current assets29/58€244,035€72,408▼
Amounts receivable within one year40/41€2,736€11,626▲
Other amounts receivable41€2,736€11,626▲
Cash at bank and in hand54/58€220,959€55,605▼
Deferred charges and accrued income490/1€20,340€5,176▼
Equity and liabilities
Total equity and liabilities10/49€20.3m€19.6m▼
Equity10/15€16.9m€16.6m▼
Contributions10/11€17.6m€17.6m=
Capital10€17.6m€17.6m=
Issued capital100€17.6m€17.6m=
Reserves13€287€287=
Non-distributable reserves130/1€287€287=
Legal reserve130€287€287=
Profit (loss) carried forward14-€630,793-€957,268▼
Provisions and deferred taxes16€8,451€7,990▼
Deferred taxes168€8,451€7,990▼
Amounts payable17/49€3.3m€3.0m▼
Amounts payable after more than one year17€1.3m€1.8m▲
Financial debts170/4€277,921€825,310▲
Other amounts payable178/9€1.0m€1.0m=
Amounts payable within one year42/48€1.9m€913,946▼
Current portion of amounts payable after more than one year42€192,022€266,991▲
Financial debts43€907,000-
Credit institutions430/8€907,000-
Trade debts44€76,662€7,981▼
Suppliers440/4€76,662€7,981▼
Taxes, remuneration and social security45€67,427€2,366▼
Taxes450/3€59,927€866▼
Remuneration and social security454/9€7,500€1,500▼
Other amounts payable47/48€638,133€636,608▼
Accrued charges and deferred income492/3€138,179€256,455▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€542,799€569,677▲
Other operating charges640/8€79,531€89,053▲
Gross operating margin9900€281,037€510,552▲
Operating profit (loss)9901-€341,293-€148,178▲
Financial income75/76B-€395
Recurring financial income75-€395
Financial charges65/66B€149,334€178,645▲
Recurring financial charges65€149,334€178,645▲
Profit (loss) for the period before taxes9903-€490,627-€326,428▲
Transfer from deferred taxes780€462€462▼
Income taxes67/77-€3,415€508▲
Profit (loss) for the period9904-€486,750-€326,475▲
Transfer from tax-exempt reserves789€12,617€1,385▼
Profit (loss) for the period to be appropriated9905-€474,133-€325,090▲
Appropriation of the result
Profit (loss) to be appropriated9906-€618,176-€957,268▼
Profit (loss) brought forward from the previous period14P-€144,043-€632,178▼
Transfer to equity691/2€12,617-
To contributions691€12,617-

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202220232024Change
Non-recurring operating income76A€6,930---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€530,425€542,799€569,677▲ 5.0%
Other operating charges640/8€62,794€79,531€89,053▲ 12.0%
Gross operating margin9900€603,378€281,037€510,552▲ 81.7%
Operating profit (loss)9901€10,159-€341,293-€148,178▲ 56.6%
Financial income75/76B€2-€395-
Recurring financial income75€2-€395-
Financial charges65/66B€96,776€149,334€178,645▲ 19.6%
Recurring financial charges65€96,776€149,334€178,645▲ 19.6%
Profit (loss) for the period before taxes9903-€86,615-€490,627-€326,428▲ 33.5%
Transfer from deferred taxes780€462€462€462▼ 0.1%
Income taxes67/77€63,342-€3,415€508▲ 115%
Profit (loss) for the period9904-€149,495-€486,750-€326,475▲ 32.9%
Transfer from tax-exempt reserves789€12,617€12,617€1,385▼ 89.0%
Profit (loss) for the period to be appropriated9905-€136,878-€474,133-€325,090▲ 31.4%
Line202220232024Change
Assets
Total assets20/58€20.7m€20.3m€19.6m▼ 3.1%
Formation expenses20€25,041€19,625€14,208▼ 27.6%
Fixed assets21/28€20.3m€20.0m€19.5m▼ 2.3%
Intangible fixed assets21€44,929€33,696€22,465▼ 33.3%
Tangible fixed assets22/27€20.2m€20.0m€19.5m▼ 2.2%
Land and buildings22€20.2m€19.9m€19.4m▼ 2.1%
Plant, machinery and equipment23€20,888€14,681€8,876▼ 39.5%
Furniture and vehicles24€3,796€71,583€59,194▼ 17.3%
Financial fixed assets28€600€600€600=
Current assets29/58€368,144€244,035€72,408▼ 70.3%
Amounts receivable within one year40/41€2,358€2,736€11,626▲ 325%
Other amounts receivable41€2,358€2,736€11,626▲ 325%
Cash at bank and in hand54/58€363,832€220,959€55,605▼ 74.8%
Deferred charges and accrued income490/1€1,954€20,340€5,176▼ 74.6%
Equity and liabilities
Total equity and liabilities10/49€20.7m€20.3m€19.6m▼ 3.1%
Equity10/15€17.4m€16.9m€16.6m▼ 1.9%
Contributions10/11€17.6m€17.6m€17.6m=
Capital10€17.6m€17.6m€17.6m=
Issued capital100€17.6m€17.6m€17.6m=
Reserves13€287€287€287=
Non-distributable reserves130/1€287€287€287=
Legal reserve130€287€287€287=
Profit (loss) carried forward14-€144,043-€630,793-€957,268▼ 51.8%
Provisions and deferred taxes16€8,913€8,451€7,990▼ 5.5%
Deferred taxes168€8,913€8,451€7,990▼ 5.5%
Amounts payable17/49€3.2m€3.3m€3.0m▼ 9.1%
Amounts payable after more than one year17€1.3m€1.3m€1.8m▲ 42.8%
Financial debts170/4€277,002€277,921€825,310▲ 197%
Other amounts payable178/9€1.0m€1.0m€1.0m=
Amounts payable within one year42/48€1.8m€1.9m€913,946▼ 51.4%
Current portion of amounts payable after more than one year42€154,404€192,022€266,991▲ 39.0%
Financial debts43€907,000€907,000--
Credit institutions430/8€907,000€907,000--
Trade debts44€6,879€76,662€7,981▼ 89.6%
Suppliers440/4€6,879€76,662€7,981▼ 89.6%
Taxes, remuneration and social security45€192,876€67,427€2,366▼ 96.5%
Taxes450/3€185,376€59,927€866▼ 98.6%
Remuneration and social security454/9€7,500€7,500€1,500▼ 80.0%
Other amounts payable47/48€522,244€638,133€636,608▼ 0.2%
Accrued charges and deferred income492/3€170,125€138,179€256,455▲ 85.6%
Line202220232024Change
Profit (loss) for the period9904-€149,495-€486,750-€326,475▲ 32.9%
+ Depreciation and write-downs630€530,425€542,799€569,677▲ 5.0%
Operating cash flow (approximation)€380,930€56,049€243,203▲ 334%
Investment in fixed assets (approximation)--€251,926-€118,152▲ 53.1%
Change in cash--€142,873-€165,354▼ 15.7%

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

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Timeline · acts, filings and financial milestones

2025
21-10
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 82 days late
2024
29-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
31-12
Financial Weakest financial yearnet -€486,750
Net result drops to -€486,750, the lowest in the series; recovery starts the following year.
24-10
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 85 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
2 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 2022
seat establishment The establishment unit on the map
Ground area
1,737 m²
Building footprint
197 m²
Volume, LiDAR
1,243 m³
Parcel 31332F0685/00E000, Flanders · tallest building 11.3 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Fiorimmo nv
Magere Schorre 59, 8300 Knokke-HeistActivities auxiliary to financial services and insurance activities
since 20222.334.760.207
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31332F0685/00E000 Flanders 1,737 m² 1 · 197 m² 11.3 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.

Identification & contact

Identification
Legal formPublic limited company
Founded16-08-2022
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0790274638
Also 9925:BE0790274638
Registered 15-06-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.