HIMMO
ActiveSummary
HIMMO has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.1m and a net result of €132,097. Equity is growing by ~15% per year across the filed fiscal years. The computed 12-month bankruptcy probability is < 0.1% (very low).
Financials · fiscal year 2025, abbreviated schema
2021 to 2025, 5 fiscal years 2018 to 2025, 8 fiscal years
The operating result recovers in 2025; 2025 is 8% above 2024.
What the company sold each fiscal 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.
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.
Peer companies
Historical observationOf the 14,766 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,471 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% 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 14,766 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €75,533 | €78,099 | €77,958 | €91,946 | €124,654 | €125,094 | €124,711 | €124,563 | ▼ 0.1% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | - | -€50,000 | €0 | - | - |
| Other operating charges640/8 | - | - | - | €146,047 | €30,295 | €34,431 | €97,795 | €40,218 | ▼ 58.9% |
| Gross operating margin9900 | €222,295 | €313,314 | €332,817 | €382,249 | €424,151 | €404,766 | €410,896 | €368,266 | ▼ 10.4% |
| Operating profit (loss)9901 | €161,501 | €215,527 | €234,432 | €144,256 | €269,202 | €295,241 | €188,390 | €203,485 | ▲ 8.0% |
| Financial income75/76B | - | - | - | €10,208 | €2,383 | €6,178 | €11,970 | €6,394 | ▼ 46.6% |
| Recurring financial income75 | €6 | - | €1,856 | €10,208 | €2,383 | €6,178 | €11,970 | €6,394 | ▼ 46.6% |
| Financial charges65/66B | - | - | - | €25,137 | €24,982 | €30,342 | €41,279 | €37,440 | ▼ 9.3% |
| Recurring financial charges65 | €53,677 | €50,563 | €38,903 | €25,137 | €24,982 | €30,342 | €41,279 | €37,440 | ▼ 9.3% |
| Profit (loss) for the period before taxes9903 | €107,829 | €164,964 | €197,385 | €129,327 | €246,602 | €271,077 | €159,081 | €172,438 | ▲ 8.4% |
| Income taxes67/77 | €29,902 | €31,779 | €40,110 | €31,647 | €54,348 | €65,429 | €37,477 | €40,341 | ▲ 7.6% |
| Profit (loss) for the period9904 | €77,927 | €133,185 | €157,274 | €97,681 | €192,254 | €205,648 | €121,604 | €132,097 | ▲ 8.6% |
| Profit (loss) for the period to be appropriated9905 | €77,927 | €133,185 | €157,274 | €97,681 | €192,254 | €205,648 | €121,604 | €132,097 | ▲ 8.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €2.3m | €2.2m | €2.3m | €3.1m | €3.1m | €3.1m | €3.2m | €3.2m | ▲ 1.3% |
| Fixed assets21/28 | €2.0m | €1.9m | €1.8m | €3.0m | €2.9m | €2.8m | €2.7m | €2.5m | ▼ 4.5% |
| Tangible fixed assets22/27 | €2.0m | €1.9m | €1.8m | €3.0m | €2.9m | €2.8m | €2.7m | €2.5m | ▼ 4.5% |
| Land and buildings22 | - | - | - | €3.0m | €2.9m | €2.8m | €2.7m | €2.5m | ▼ 4.7% |
| Plant, machinery and equipment23 | - | - | - | €0.005m | €0.003m | €0.003m | €0.002m | €0.005m | ▲ 144% |
| Financial fixed assets28 | €363 | €363 | €113 | €113 | €113 | €113 | €113 | €113 | = |
| Current assets29/58 | €0.3m | €0.3m | €0.4m | €0.1m | €0.2m | €0.4m | €0.5m | €0.7m | ▲ 30.3% |
| Amounts receivable within one year40/41 | €0.004m | €0.06m | €0.08m | €0.08m | €0.07m | €0.07m | €0.07m | €0.07m | ▲ 3.2% |
| Trade receivables40 | - | - | - | €128 | €144 | €149 | €152 | €306 | ▲ 102% |
| Other amounts receivable41 | - | - | - | €0.08m | €0.07m | €0.07m | €0.07m | €0.07m | ▲ 2.9% |
| Current investments50/53 | €0.2m | €0.2m | €0.2m | €0 | - | - | €0.5m | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €0.1m | €0.1m | €0.2m | €0.04m | €0.2m | €0.3m | €0.007m | €0.6m | ▲ 8,289% |
| Deferred charges and accrued income490/1 | - | - | - | €0.002m | €0.02m | €0.02m | €0.004m | €0.02m | ▲ 502% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €2.3m | €2.2m | €2.3m | €3.1m | €3.1m | €3.1m | €3.2m | €3.2m | ▲ 1.3% |
| Equity10/15 | €0.8m | €0.9m | €1.0m | €1.5m | €1.7m | €1.9m | €2.0m | €2.1m | ▲ 5.9% |
| Contributions10/11 | €0.3m | €0.3m | €0.3m | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | = |
| Capital10 | - | - | - | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | = |
| Issued capital100 | - | - | - | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | = |
| Reserves13 | €0.03m | €0.03m | €0.03m | €0.03m | €0.04m | €0.05m | €0.06m | €0.07m | ▲ 10.9% |
| Non-distributable reserves130/1 | - | - | - | €0.03m | €0.04m | €0.05m | €0.06m | €0.07m | ▲ 10.9% |
| Legal reserve130 | - | - | - | €0.03m | €0.04m | €0.05m | €0.06m | €0.07m | ▲ 10.9% |
| Profit (loss) carried forward14 | €0.5m | €0.6m | €0.7m | €0.8m | €1.0m | €1.1m | €1.2m | €1.3m | ▲ 9.1% |
| Provisions and deferred taxes16 | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | €0 | - | - | - |
| Provisions for liabilities and charges160/5 | - | - | - | €0.05m | €0.05m | €0 | - | - | - |
| Major repairs and maintenance162 | - | - | - | €0.05m | €0.05m | €0 | - | - | - |
| Amounts payable17/49 | €1.4m | €1.3m | €1.2m | €1.5m | €1.4m | €1.3m | €1.2m | €1.1m | ▼ 6.5% |
| Amounts payable after more than one year17 | €0.9m | €0.7m | €0.6m | €0.8m | €0.7m | €0.6m | €0.4m | €0.4m | ▼ 19.6% |
| Financial debts170/4 | - | - | - | €0.5m | €0.4m | €0.2m | €0.1m | €0 | ▼ 100% |
| Other amounts payable178/9 | - | - | - | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | ▲ 2.2% |
| Amounts payable within one year42/48 | €0.6m | €0.6m | €0.6m | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | ▲ 1.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.2m | €0.1m | €0.1m | €0.1m | €0.1m | ▼ 28.2% |
| Trade debts44 | €0.03m | €0.001m | €0.003m | €0.004m | €0.004m | €0.007m | €0.08m | €0.08m | ▲ 3.0% |
| Suppliers440/4 | - | - | - | €0.004m | €0.004m | €0.007m | €0.08m | €0.08m | ▲ 3.0% |
| Taxes, remuneration and social security45 | - | - | - | €0.06m | €0.09m | €0.08m | €0.02m | €0.04m | ▲ 49.9% |
| Taxes450/3 | - | - | - | €0.06m | €0.09m | €0.08m | €0.02m | €0.04m | ▲ 49.9% |
| Other amounts payable47/48 | - | - | - | €0.4m | €0.5m | €0.5m | €0.5m | €0.5m | ▲ 6.7% |
| Accrued charges and deferred income492/3 | - | - | - | €0.01m | €0.01m | €0.004m | €0.01m | €0.01m | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.08m | €0.1m | €0.2m | €0.1m | €0.2m | €0.2m | €0.1m | €0.1m | ▲ 8.6% |
| + Depreciation and write-downs630 | €0.08m | €0.08m | €0.08m | €0.09m | €0.1m | €0.1m | €0.1m | €0.1m | ▼ 0.1% |
| Operating cash flow (approximation) | €0.2m | €0.2m | €0.2m | €0.2m | €0.3m | €0.3m | €0.2m | €0.3m | ▲ 4.2% |
| Investment in fixed assets (approximation) | - | -€0.03m | -€0.001m | -€1.3m | -€0.02m | -€0.01m | €0 | -€0.004m | - |
| Change in cash | - | €0.01m | €0.1m | -€0.2m | €0.1m | €0.1m | -€0.3m | €0.6m | ▲ 318% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.