NIMCO

Active

Public limited companyfounded 199828 yrs activeVogelzangstraat(Ned) 113, 9400 Ninove, BelgiumKBO/BCE: BE 0463.538.551

Summary

NIMCO has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €186,673 and a net result of €14,817. Equity is shrinking by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 84% of 8593 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Risk analysisWatch Report Compare

NIMCOActiveChecked score 96/100

Risk analysis Report Compare

Activity

Other specialised construction activities

NACE 43990NACE 43999NACE 45250

1 site

Size

€247,744total assets 2025

Equity: €186,673
Profit: €14,817

Turnover not published (abridged schema)

Financial health

96 Excellent Checked score 2025

Bankruptcy chance 12 m: < 0.1%

Structure

Board: 1 member

Accounts filed 6 d late1 of 4 deeds read

Why 96- Sector Specialised construction activities (NACE 43)+ Liquidity: current ratio 2.44, cash €102,874+ Equity €186,673 (75.3% of total assets)+ Founded in 1998Show the evidence

Checked score

Score 2025

96 / 100

Excellent

Probability in this band: under 0.55%

Better than 64% of its sector peers (NACE 43, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2024

Strong

Solvency 100=

equity 75.3% of total assets

Liquidity 91-3

short-term debt 24.7% · cash 41.5%

Profitability 76+1

return on assets 6.0%

Bankruptcy probability, 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.7% (47,004 companies)

Last 21 months 02-2025: 0.2% 03-2025: 0.2%● 0.0% vs 02-2025 04-2025: 0.3%▲ +11.3% vs 03-2025 05-2025: 0.3%● 0.0% vs 04-2025 06-2025: 0.3%▲ +0.7% vs 05-2025 07-2025: 0.3%▲ +5.4% vs 06-2025highest value 08-2025: < 0.1%▼ -86.0% vs 07-2025lowest value 09-2025: < 0.1%● 0.0% vs 08-2025lowest value 10-2025: < 0.1%● 0.0% vs 09-2025lowest value 11-2025: < 0.1%● 0.0% vs 10-2025lowest value 12-2025: < 0.1%● 0.0% vs 11-2025lowest value 01-2026: < 0.1%● 0.0% vs 12-2025lowest value 02-2026: < 0.1%● 0.0% vs 01-2026lowest value 03-2026: < 0.1%● 0.0% vs 02-2026lowest value 04-2026: < 0.1%▲ +2.4% vs 03-2026 05-2026: < 0.1%▲ +2.4% vs 04-2026 06-2026: < 0.1%● 0.0% vs 05-2026 07-2026: < 0.1%▲ +4.7% vs 06-2026 08-2026: 0.1%▲ +71.1% vs 07-2026 09-2026: < 0.1%▼ -39.0% vs 08-2026 10-2026: < 0.1%● 0.0% vs 09-2026

Liquidity: current ratio 2.44, cash €102,874 lowers the probability
Equity €186,673 (75.3% of total assets) lowers the probability
Founded in 1998 lowers the probability for this profile
Sector Specialised construction activities (NACE 43) raises the probability

Credit up to €17,000 at 30 days acceptable

Liquidity ample (current ratio 2.44 against 2.97 in 2024; short-term debt: 24.7% and cash: 41.5% of total assets), and 24.7% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 90%, liquidity 88%, profitability 52%, growth against the median 28%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Liquidity: current ratio 2.44, cash €102,874

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

Equity €186,673 (75.3% of total assets)

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

Founded in 1998

In the bankruptcy model this factor lowers the probability for this profile.

KBO

Sector Specialised construction activities (NACE 43)

In the bankruptcy model this factor raises the probability.

KBO

A punctual record breaks

This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.

NBB · 10 filings

Deviation from the deadline

2025

6 d late

2024

5 d early

2023

7 d early

2022

21 d early

2021

6 d late

2020

14 d early

2019

10 d late

← 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 4 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)

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. Usually files around 26 July (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Position in the running window

03-10-2026 today31-12-2026 close31-07-2027 deadline

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

06-08-26 Annual accounts filedfiscal year 2025 · abbreviated…
08-06-26 Appointment: Ken Noerens (non-statutory director)Power of attorney
31-12-25 Highest result since 2018net €14,817 ▲18.2%

Key points

Positive: Among the best 17% on solvencysector median 44.2% · 8,593 companies 75.3% View
New directorlatest change 01-04-2026 · 1 in office 1 joined View
Active since 1998founded 09-06-1998 28 years View