MIMMO
ActiveMIMMO has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16.40M and a net result of €-31k. Equity is growing by ~27.1% per year across the filed fiscal years. Its solvency ranks better than 30% of 4504 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
20
/ 100
Critical▼ -24 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-6
Solvency12▼-5
Growth68▼-17
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.02 against 0.02 in 2024), and 82.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
17.7%
Return on assets
0%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
14 d early
2023
21 d early
2022
19 d early
2021
16 d early
2020
16 d early
2019
17 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€1.13M▲ 39.3%
2019 · €808k
2018: €670k
2019: €808k
2018 → 2020
EBIT margin
73.4%▲ 65.5pp
2019 · 7.9%
2018: 27.4%
2019: 7.9%
2018 → 2020
Net result
€-31k
2024 · €182k
2018: €47k
2019: €-106k
2020: €602k
2021: €2.64M
2022: €-648k
2023: €-111k
2024: €182k
2018 → 2025
Working capital
€-49.93M▼ 44.9%
2024 · €-34.45M
2018: €-7.53M
2019: €-8.79M
2020: €-8.55M
2021: €-4.71M
2022: €-9.72M
2023: €-27.87M
2024: €-34.45M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€6.18M-€5.54M▼ 10.4%€6.25M▲ 12.9%€16.44M▲ 163%€16.40M▼ 0.2%
Operating result€3.03M-€-294k€-14k▲ 95.3%€455k€831k▲ 82.5%
Net result€2.64M-€-648k€-111k▲ 82.8%€182k€-31k
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 83% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €92.74M
Fixed assets
€91.64M▲ 20.2%
Current assets
€1.10M▲ 47.8%
Equity and liabilities €92.74M
Equity
€16.40M▼ 0.2%
Provisions
€236k=
Debt
€76.10M▲ 26.2%
The debt ratio rises from 78.3% to 82.1%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€2.59M▲
2024 · €1.44M
Cash flow
€1.73M▲
2024 · €1.17M
Solvency
17.7%▼
2024 · 21.4%
Current ratio
0.02▲
2024 · 0.02
Quick ratio
0.02▲
2024 · 0.02
Debt / equity
4.64▲
2024 · 3.67
ROE
-0.2%▼
2024 · 1.1%
ROA
0.0%▼
2024 · 0.2%
Interest coverage
3.01▼
2024 · 5.20
Debt
€76.10M▲
2024 · €60.30M
Debt ≤ 1 year
€51.03M▲
2024 · €35.19M
Debt > 1 year
€25.08M=
2024 · €25.09M
Staff costs
€28k▲
2024 · €25k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€76.97M€92.74M▲
Fixed assets21/28€76.23M€91.64M▲
Intangible fixed assets21€1.11M€969k▼
Tangible fixed assets22/27€75.12M€90.68M▲
Land and buildings22€30.67M€48.51M▲
Plant, machinery and equipment23€22k€18k▼
Furniture and vehicles24€73k€72k▼
Other tangible fixed assets26€245k€241k▼
Assets under construction and advance payments27€44.11M€41.83M▼
Financial fixed assets28€250€250=
Current assets29/58€744k€1.10M▲
Amounts receivable within one year40/41€267k€482k▲
Trade receivables40€116k€117k▲
Other amounts receivable41€151k€365k▲
Cash at bank and in hand54/58€228k€462k▲
Deferred charges and accrued income490/1€249k€156k▼
Equity and liabilities
Total equity and liabilities10/49€76.97M€92.74M▲
Equity10/15€16.44M€16.40M▼
Contributions10/11€10.67M€10.67M=
Capital10€10.67M€10.67M=
Issued capital100€10.67M€10.67M=
Outside capital11€0-
Share premium1100/10€0-
Revaluation surpluses12€3.14M€3.14M=
Reserves13€766k€766k=
Non-distributable reserves130/1€58k€58k=
Legal reserve130€58k€58k=
Tax-exempt reserves132€708k€708k=
Profit (loss) carried forward14€1.85M€1.82M▼
Provisions and deferred taxes16€236k€236k=
Deferred taxes168€236k€236k=
Amounts payable17/49€60.30M€76.10M▲
Amounts payable after more than one year17€25.09M€25.08M=
Financial debts170/4€25.09M€25.08M=
Amounts payable within one year42/48€35.19M€51.03M▲
Current portion of amounts payable after more than one year42€1.80M€1.95M▲
Financial debts43€19.61M€29.78M▲
Credit institutions430/8€19.61M€29.78M▲
Trade debts44€2.07M€3.81M▲
Suppliers440/4€2.07M€3.81M▲
Taxes, remuneration and social security45€935€2k▲
Remuneration and social security454/9€935€2k▲
Other amounts payable47/48€11.71M€15.48M▲
Accrued charges and deferred income492/3€19k€0▼
Income statement
Code20242025
Non-recurring operating income76A-€24k
Remuneration, social security and pensions62€25k€28k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€989k€1.76M▲
Other operating charges640/8€170k€180k▲
Non-recurring operating charges66A€1k€0▼
Gross operating margin9900€1.64M€2.80M▲
Operating profit (loss)9901€455k€831k▲
Financial income75/76B€4k€0▼
Recurring financial income75€4k€0▼
Financial charges65/66B€278k€862k▲
Recurring financial charges65€278k€862k▲
Profit (loss) for the period before taxes9903€182k€-31k▼
Income taxes67/77€0-
Profit (loss) for the period9904€182k€-31k▼
Profit (loss) for the period to be appropriated9905€182k€-31k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.85M€1.82M▼
Profit (loss) brought forward from the previous period14P€1.67M€1.85M▲
Social balance
Average headcount (FTE)90870.50.5=
The notes to these accounts (28 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €182k
Net result €182k after 2 loss-making years.
31-12
Financial
Equity above €10MEq €16.44M ▲163%
Equity rises from €6.25M to €16.44M.
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-648k ▼125%
Net result drops to €-648k, the lowest in the series; recovery starts the following year.
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €2.64M ▲339%
Operating result €3.03M, net result €2.64M, both a record.
31-12
Financial
Equity above €5MEq €6.18M ▲74.9%
2 profitable years in a row build equity to €6.18M.
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €602k
Net result €602k after one loss-making year.
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
19 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, Waregem · 1 establishment unit since 1988
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.
Warandestraat 458790 WaregemGround area
4,684 m²
Building footprint
193 m²
Volume, LiDAR
2,543 m³
Parcel 34452B0313/00B002, Flanders · tallest building 18.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Mimmo
since 19882.033.265.104
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34452B0313/00B002 | Flanders | 4,684 m² | 1 · 193 m² | 18.4 m · 4 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
EFIMO FP
BE 0803.395.966
Paliseul · Eq €16.35M
IMMO FALCONIS
BE 0897.921.278
Leuven · Eq €16.30M
FOMINVEST
BE 0429.249.249
Ukkel · Eq €16.55M
BREDIMO
BE 0445.435.381
Leuven · Eq €16.62M
PARK NATIONS
BE 0809.690.573
Brussel · Eq €16.17M
Of 9,095 companies in sector 68201 we hold annual accounts for 6,728. 1,519 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded05-01-1988
Fiscal year end31-12
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
70311
68122Development of non-residential building projects
68310Real estate agency activities
68311Real estate activities
70321
81100Combined facilities support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.