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MIMMO

Active
Public limited companyfounded 1988active for 38 yearsWarandestraat 45, 8790 Waregem, BelgiumKBO/BCE: BE 0433.084.412
Summary

MIMMO has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16.4m and a net result of -€31,479. Equity is growing by about 27% per year across the filed financial years. Its solvency ranks better than 30% of 5,778 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow ReportCompare
MIMMOActiveChecked score 91/100
Risk analysis ReportCompare

Overview

Activity
Renting and operating of own or leased non-residential real estate, excluding land
NACE 68203Renting and operating of own or leased residential real estate, excluding social housing NACE 68201
3rd largest company by total assets in Waregem, Real estate sector1 site
Size
≈ €3.4mturnover 2025, estimated
Staff
0.5 FTE
Equity
€16.4m
Loss
-€31,479
Turnover estimated from the gross margin
Financial health
91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
VERGALLE INVEST · 99.99%
Board
4 members
Auditor: Moore Audit2025 accounts 16 days early7 of 19 deeds summarised
Why 91raises riskLiquidity: current ratio 0.02, cash €461,927Equity €16.4m (17.7% of total assets)lowers riskSize: 0.5 FTE, total assets €92.7mFounded in 1988Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 34% of its sector peers (NACE 68, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 43-3
equity 17.7% of total assets
Liquidity 22-6
short-term debt 55.0% · cash 0.5%
Profitability 44-18
return on assets 0.0%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,627 companies, NACE 68, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.1%▼ -0.2 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €1,450,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.02, compared with 0.02 in 2024, below 1; short-term debt: 55% and cash: 0.5% of total assets), and 82.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro): better than 38% on solvency, 18% on liquidity, 38% on profitability and 44% on growth.

The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: 0.5 FTE, total assets €92.7m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.02, cash €461,927
NBB · annual accounts
lowers risk · Founded in 1988
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Equity €16.4m (17.7% of total assets)
NBB · annual accounts
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 filings
Deviation from the deadline
2025
16 days early
2024
14 days early
2023
21 days early
2022
19 days early
2021
16 days early
2020
16 days early
2019
17 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 17 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 15 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Back to profitnet €181,583

Key points

  • Caution: From profit to loss in 2025after €181,583 in 2024 -€31,479 View
  • Positive: 3rd largest company by total assets in Waregem, Real estate sectorin the Checked rankings No. 3 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by VERGALLE INVESTknown shareholders 100% 99.99% View

By topic

Financials

Financial year
2025
Total assets
€92.7m
Loss
-€31,479
Solvency
17.7%
Turnover▲ 39.3%
Net result
20182020
Go to Financials

Board & ownership

Board
4 members
Parent
VERGALLE INVEST · 99.99%
Known shareholders
100%
Auditor
Moore Audit
  • Frank VergalleChair
  • VEKA CONSULTDirector
  • CISKONDirector
  • LV-ConsultingDirector
Go to Board & ownership

Timeline

Events
50
Since
1990
Next accounts
by 31-07-2027
  1. 31-12-2024Equity above €10m
  2. 01-10-2024Capital & shares · Amendment of the…
  3. 30-08-2024Reappointments: Ciskon BV, LV-Consulting NV and Frank…
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Renting and operating of own or leased non-residential…NACE 68203
Founded
05-01-1988
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
12
Annual meeting
Last Friday of June
Purpose
“Het nemen van participaties en deelnemingen in andere vennootschappen of ondernemingen…” (deed in Dutch)
Go to Articles of association

Key facts about MIMMO

What is the company number of MIMMO?
0433.084.412. In Belgium the VAT number is the company number with BE in front: BE 0433.084.412.
Where is MIMMO based?
The registered office is at Warandestraat 45, 8790 Waregem.Company details
What does MIMMO do?
According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
What is the legal form of MIMMO?
Public limited company (NV).
When was MIMMO founded?
On 05-01-1988.
Is MIMMO still active?
Yes, MIMMO is an active enterprise in the KBO register.
How many employees does MIMMO have?
On average 0.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of MIMMO?
€1.1m in financial year 2020, according to the filed annual accounts.
Is MIMMO profitable?
In financial year 2025, MIMMO made a loss of €31,479.
Where can I find the annual accounts of MIMMO?
MIMMO filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MIMMO due?
By 31-07-2027, for financial year 2026.Timeline

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