Losses
-€42,020 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
FIRMIN
Lifetime
20 annual accounts with figures on one time axis, 26 filings since 2000peak €793,049 (2023)
€26,900▲ €29,008
lowest -€85,805 (2020)
-€14,965▲ €12,090
peak €301,746 (2023)
€259,726▼ 5.4%
€243,162▼ 19.2%
peak 3.1 FTE (2014)
-not published
Board2 names since 2021
2 directors and 1 other
Documentsfilings and deeds
30-09-202661 days late
2025micro format
Gross margin from -€2,107 to €26,900Loss of €14,965Debts from €301,086 to €243,162
Key points
from the 2025 annual accountsFilings
26 annual accounts 61 days
Latest accounts filed late: after the legal deadline.
Position in the sector
-€14,965
Lower net result than 93% of companies in repair and installation of machinery. Sector median €15,551 · 1,703 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 8,617 companies had the same profile as FIRMIN has now. Each dot stands for 22 companies, two years later.
94.2%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 8,617 companies, not a prediction for FIRMIN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered office moved within Fosses-la-Ville
New registered office: Rue Les-Ruelles, Sart-Eustache 98/B à 5070 FOSSES-LA-VILLE · Previous registered office: Rue Les-Ruelles, Sart-Eustache 98 C, 5070 Fosses-la-Ville · Appointment: (director) · General meeting of 01-10-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0468554243
Registered office moved from Mettet to Fosses-la-Ville
Capital increase of €135,000 · New registered office: rue les Ruelles sart Eustache 98, boite C, 5070 Fosses-La-Ville · Previous registered office: Rue de Saint-Donat 41, 5640 Mettet · General meeting of 08-11-2023 · Gazette deed
Resignation: (director)
Appointment: (director) · Partner: (associé non actif) · General meeting of 04-09-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FIRMIN Fosses-la-Ville | €692,389 | €26,900 | 37.5% | - |
| Etablissements Luc MASSET Donceel | €610,855 | €26,888 | 62.9% | 1.2 |
| BEMATEC Assenede | €483,014 | €25,877 | 74.5% | - |
| VUNDELINCKX Herzele | €621,325 | €26,424 | 22.1% | - |
| GRENSON IMMO Andenne | €743,715 | €29,004 | 5.9% | - |
| MECACONCEPT SERVICES Mouscron | €557,454 | €17,294 | 92.4% | 0 |
| STEEGMANS TIM SERVICE Tessenderlo-Ham | €552,565 | €32,034 | 17.2% | - |
These companies have the same main activity as FIRMIN: repair and maintenance of machinery (NACE 33120). They are comparable in size and age: total assets between €483,000 and €744,000, founded between 2003 and 2010.
Official details
Source: KBO- Status
- Active since 22-12-1999Normal situation
- Activity
- Repair and maintenance of machineryNACE 33120and 3 others
- Establishment unit
- 2.093.663.9355070 Fosses-la-Ville, since 02-03-2000
- Financial year end
- 31 December
- Peppol
- Reachable since 06-01-2026
Insights on FIRMIN
FIRMIN files the micro format. That format states no turnover. The gross margin fell from €107,130 in 2006 to €26,900 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about FIRMIN
- What is the company number of FIRMIN?
- The company number of FIRMIN is 0468.554.243. The VAT number is the same number with BE in front: BE 0468.554.243.
- Where is FIRMIN based?
- The registered office is at Rue Les-Ruelles,Sart-Eustache 98, 5070 Fosses-la-Ville.Company details
- What does FIRMIN do?
- According to the KBO register, the main activity is repair and maintenance of machinery (NACE 33120).
- What is the legal form of FIRMIN?
- FIRMIN is a private limited company (BV).
- When was FIRMIN founded?
- FIRMIN was founded on 22-12-1999.
- Is FIRMIN still active?
- Yes, FIRMIN is an active enterprise in the KBO register.
- How many employees does FIRMIN have?
- FIRMIN had an average of 1 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- What is the turnover of FIRMIN?
- The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €26,900 and 2,936 comparable companies of the same size. It probably lies between €65,000 and €190,000. It is a rough estimate.
- Is FIRMIN profitable?
- In financial year 2025, FIRMIN made a loss of €14,965.
- Where can I find the annual accounts of FIRMIN?
- FIRMIN filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FIRMIN due?
- FIRMIN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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