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BIMAG

Active
Public limited companyfounded 200422 years activeRue de Robiano(BIN) 40, 7130 Binche, BelgiumKBO/BCE: BE 0863.713.140
Summary

The computed 12-month bankruptcy probability of BIMAG is 1.7% (moderate). The 2024 annual accounts show equity of €442,545 and a net result of €613. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 36% of 6,129 sector peers (NACE 46, fiscal year 2024). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Non-specialised wholesale
NACE 46392Non-specialised retail sale with food, beverages or tobacco predominating NACE 47110
#5 employer in Binche, Wholesale and retail trade sector1 site
Size
€1.5mtotal assets 2024
Staff
22.6 FTE
Equity
€442,545
Profit
€613
Financial health
54 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.7%
Structure
Accounts 69 days overdue0 of 5 deeds read
Why 54- Figures for FY 2024 (filed 14-11-2025)- 1 financial year not filed after the legal deadline; latest accounts 106 days late; 3 of the last 3 late- Size: 22.6 FTE, total assets €1.5m+ Founded in 2004Show the evidence

Checked score

Score 2024
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 34% of its sector peers (NACE 46, small)
Financial strength · tick = 2023
Average
Solvency 55+2
equity 30.4% of total assets
Liquidity 32-6
short-term debt 66.5% · cash 14.2%
Profitability 50-22
return on assets 0.0%
Bankruptcy probability, 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,378 companies)
Last 24 months 11-2024: 2.6% 12-2024: 3.3%▲ +0.7 percentage points vs 11-2024 01-2025: 5.3%▲ +2.0 percentage points vs 12-2024highest value 02-2025: 5.3%● unchanged vs 01-2025highest value 03-2025: 5.3%● unchanged vs 02-2025highest value 04-2025: 5.0%▼ -0.3 percentage points vs 03-2025 05-2025: 5.0%● unchanged vs 04-2025 06-2025: 5.0%● unchanged vs 05-2025 07-2025: 1.1%▼ -3.9 percentage points vs 06-2025 08-2025: 1.5%▲ +0.4 percentage points vs 07-2025 09-2025: 1.8%▲ +0.3 percentage points vs 08-2025 10-2025: 2.3%▲ +0.5 percentage points vs 09-2025 11-2025: 2.2%▼ -0.1 percentage points vs 10-2025 12-2025: 0.7%▼ -1.5 percentage points vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.6%▼ -0.1 percentage points vs 05-2026lowest value 07-2026: 0.7%▲ +0.1 percentage points vs 06-2026 08-2026: 1.1%▲ +0.4 percentage points vs 07-2026 09-2026: 1.3%▲ +0.2 percentage points vs 08-2026 10-2026: 1.7%▲ +0.4 percentage points vs 09-2026
Credit up to €23,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.24 against 1.23 in 2023; short-term debt: 66.5% and cash: 14.2% of total assets), and 69.6% of the assets are financed with debt.
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 46, small): better than 35% on solvency, 33% on liquidity, 34% on profitability and 34% on growth.

The bankruptcy probability was computed on 07-10-2026 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 risk+raises risk
raises risk · Figures for FY 2024 (filed 14-11-2025)
NBB · annual accounts
lowers risk · Founded in 2004
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · 1 financial year not filed after the legal deadline; latest accounts 106 days late; 3 of the last 3 late
NBB · filings
raises risk · Size: 22.6 FTE, total assets €1.5m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-11-2025, 106 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
106 days late
2023
307 days late
2022
235 days late
2021
113 days late
2020
90 days late
2019
122 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 162 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · full…
  2. Annual accounts filedfiscal year 2023 · full…
  3. Annual accounts filedfiscal year 2022 · abbreviated…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 69 days late View
  • Positive: Employer in Binche, Wholesale and retail trade sectorin the Checked rankings #5 View
  • Positive: 5 profitable years in a rowprofit 2024: €613 5 years View

By topic

Financials

Fiscal year
2024
Total assets
€1.5m
Profit
€613
Solvency
30.4%
Total assets▼ 7.1%
Net result
20182024
Go to Financials

Timeline

Events
13
Since
2016
  1. 21-11-2022Annual accounts filed
  2. 31-12-2021Highest result since 2018
  3. 29-10-2021Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Non-specialised wholesaleNACE 46392
Founded
27-02-2004
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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