NIMA
ActiveSummary
NIMA has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €24k and a net result of €19k. Equity is shrinking by ~23.2% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 27% of 19356 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability75▲+51
Solvency31▲+5
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity tight (current ratio 1.1 against 0.73 in 2023; short-term debt: 10.4% and cash: 0.3% of total assets), and 94.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
5.9%
Return on assets
4.8%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
192021222324
2019 to 2024 · latest year €24k
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 26-12-2025, 148 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 filingsDeviation from the deadline
2025
not confirmed
2024
148 d late
2023
153 d late
2022
115 d late
2021
120 d late
2020
485 d late
2019
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€7k
EBIT margin
-81.0%
Net result
€19k
2023 · €-12k
2019: €-12k
2020: €-12k▼ -6.8% vs 2019
2021: €2k▲ +118% vs 2020
2022: €-14k▼ -754% vs 2021lowest in 6 years
2023: €-12k▲ +16.3% vs 2022
2024: €19k▲ +261% vs 2023highest in 6 years
2019 → 2024
Working capital
€4k
2023 · €-18k
2019: €36k
2020: €56k▲ +57.8% vs 2019highest in 6 years
2021: €54k▼ -4.1% vs 2020
2022: €-10k▼ -118% vs 2021
2023: €-18k▼ -82.8% vs 2022lowest in 6 years
2024: €4k▲ +124% vs 2023
2019 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€28k-€30k▲ 7.7%€16k▼ 46.5%€4k▼ 72.8%€24k▲ 431%
2020: €28k
2021: €30k▲ +7.7% vs 2020highest in 5 years
2022: €16k▼ -46.5% vs 2021
2023: €4k▼ -72.8% vs 2022lowest in 5 years
2024: €24k▲ +431% vs 2023
Operating result€-4k-€11k€-5k€6k€25k▲ 307%
2020: €-4k
2021: €11k▲ +362% vs 2020
2022: €-5k▼ -144% vs 2021lowest in 5 years
2023: €6k▲ +223% vs 2022
2024: €25k▲ +307% vs 2023highest in 5 years
Net result€-12k-€2k€-14k€-12k▲ 16.3%€19k
2020: €-12k
2021: €2k▲ +118% vs 2020
2022: €-14k▼ -754% vs 2021lowest in 5 years
2023: €-12k▲ +16.3% vs 2022
2024: €19k▲ +261% vs 2023highest in 5 years
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 307% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €399k
Fixed assets
€353k ▼ 3.6%
Current assets
€46k ▼ 5.6%
Equity and liabilities €399k
Equity
€24k ▲ 431%
Debt
€375k ▼ 8.6%
Debt's share of the balance-sheet total falls from 98.9% to 94.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€38k▲
2023 · €19k
Cash flow
€32k▲
2023 · €1k
Current ratio
1.10▲
2023 · 0.73
Debt to equity
15.96▼
2023 · 92.61
ROE
81.2%▲
2023 · -267.8%
ROA
4.8%▲
2023 · -2.9%
Interest coverage
6.78▲
2023 · 1.09
Debt ≤ 1 year
€41k▼
2023 · €66k
Debt > 1 year
€334k▼
2023 · €344k
Income taxes
€162▼
2023 · €196
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 49 lines
Balance sheet
Code20232024
Assets
Total assets20/58€415k€399k▼
Formation expenses20€0-
Fixed assets21/28€366k€353k▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€365k€351k▼
Land and buildings22€363k€350k▼
Plant, machinery and equipment23€889€724▼
Furniture and vehicles24€0-
Other tangible fixed assets26€349€349=
Financial fixed assets28€2k€2k=
Current assets29/58€48k€46k▼
Amounts receivable after more than one year29€33k€33k=
Other amounts receivable291€33k€33k=
Amounts receivable within one year40/41€12k€10k▼
Trade receivables40€10k€10k▼
Other amounts receivable41€2k€500▼
Current investments50/53€658€658=
Cash at bank and in hand54/58€2k€1k▼
Deferred charges and accrued income490/1€82€263▲
Equity and liabilities
Total equity and liabilities10/49€415k€399k▼
Equity10/15€4k€24k▲
Contributions10/11€41k€41k=
Profit (loss) carried forward14€-36k€-17k▲
Amounts payable17/49€410k€375k▼
Amounts payable after more than one year17€344k€334k▼
Financial debts170/4€344k€334k▼
Amounts payable within one year42/48€66k€41k▼
Current portion of amounts payable after more than one year42€10k€10k▲
Trade debts44€15k€7k▼
Suppliers440/4€15k€7k▼
Advances received on contracts in progress46€7k€12k▲
Taxes, remuneration and social security45€8k€908▼
Taxes450/3€8k€908▼
Other amounts payable47/48€27k€11k▼
Income statement
Code20232024
Non-recurring operating income76A€714-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€13k=
Other operating charges640/8€5k€6k▲
Gross operating margin9900€24k€44k▲
Operating profit (loss)9901€6k€25k▲
Financial income75/76B€39€1▼
Recurring financial income75€39€1▼
Financial charges65/66B€18k€6k▼
Recurring financial charges65€18k€6k▼
Profit (loss) for the period before taxes9903€-12k€19k▲
Income taxes67/77€196€162▼
Profit (loss) for the period9904€-12k€19k▲
Profit (loss) for the period to be appropriated9905€-12k€19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-36k€-17k▲
Profit (loss) brought forward from the previous period14P€-25k€-36k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €714 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17k | €11k | €13k | €13k | €13k | = |
| Other operating charges640/8 | €2k | €342 | €13k | €5k | €6k | ▲ 13.6% |
| Gross operating margin9900 | €14k | €23k | €21k | €24k | €44k | ▲ 79.7% |
| Operating profit (loss)9901 | €-4k | €11k | €-5k | €6k | €25k | ▲ 307% |
| Financial income75/76B | €2k | €653 | - | €39 | €1 | ▼ 97.5% |
| Recurring financial income75 | €2k | €653 | - | €39 | €1 | ▼ 97.5% |
| Financial charges65/66B | €9k | €9k | €9k | €18k | €6k | ▼ 68.4% |
| Recurring financial charges65 | €9k | €9k | €9k | €18k | €6k | ▼ 68.4% |
| Profit (loss) for the period before taxes9903 | €-12k | €3k | €-14k | €-12k | €19k | ▲ 265% |
| Income taxes67/77 | €256 | €535 | €335 | €196 | €162 | ▼ 17.3% |
| Profit (loss) for the period9904 | €-12k | €2k | €-14k | €-12k | €19k | ▲ 261% |
| Profit (loss) for the period to be appropriated9905 | €-12k | €2k | €-14k | €-12k | €19k | ▲ 261% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €466k | €449k | €429k | €415k | €399k | ▼ 3.9% |
| Formation expenses20 | €0 | €0 | €0 | €0 | - | - |
| Fixed assets21/28 | €350k | €342k | €379k | €366k | €353k | ▼ 3.6% |
| Intangible fixed assets21 | €0 | €0 | €0 | €0 | - | - |
| Tangible fixed assets22/27 | €348k | €341k | €378k | €365k | €351k | ▼ 3.6% |
| Land and buildings22 | €346k | €339k | €376k | €363k | €350k | ▼ 3.6% |
| Plant, machinery and equipment23 | €1k | €1k | €1k | €889 | €724 | ▼ 18.6% |
| Furniture and vehicles24 | €0 | €0 | €0 | €0 | - | - |
| Other tangible fixed assets26 | €1k | €998 | €349 | €349 | €349 | = |
| Financial fixed assets28 | €2k | €2k | €2k | €2k | €2k | = |
| Current assets29/58 | €116k | €106k | €49k | €48k | €46k | ▼ 5.6% |
| Amounts receivable after more than one year29 | €33k | €33k | €33k | €33k | €33k | = |
| Other amounts receivable291 | €33k | €33k | €33k | €33k | €33k | = |
| Amounts receivable within one year40/41 | €66k | €66k | €11k | €12k | €10k | ▼ 14.4% |
| Trade receivables40 | €53k | €53k | €8k | €10k | €10k | ▼ 6.0% |
| Other amounts receivable41 | €13k | €13k | €3k | €2k | €500 | ▼ 68.8% |
| Current investments50/53 | €658 | €658 | €658 | €658 | €658 | = |
| Cash at bank and in hand54/58 | €16k | €6k | €3k | €2k | €1k | ▼ 47.6% |
| Deferred charges and accrued income490/1 | - | €415 | €1k | €82 | €263 | ▲ 222% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €466k | €449k | €429k | €415k | €399k | ▼ 3.9% |
| Equity10/15 | €28k | €30k | €16k | €4k | €24k | ▲ 431% |
| Contributions10/11 | €37k | €37k | €37k | €41k | €41k | = |
| Reserves13 | €4k | €4k | €4k | - | - | - |
| Non-distributable reserves130/1 | €4k | €4k | €4k | - | - | - |
| Reserves not available under the articles1311 | €4k | €4k | €4k | - | - | - |
| Profit (loss) carried forward14 | €-13k | €-10k | €-25k | €-36k | €-17k | ▲ 52.3% |
| Amounts payable17/49 | €437k | €418k | €413k | €410k | €375k | ▼ 8.6% |
| Amounts payable after more than one year17 | €378k | €366k | €353k | €344k | €334k | ▼ 3.0% |
| Financial debts170/4 | €378k | €366k | €353k | €344k | €334k | ▼ 3.0% |
| Amounts payable within one year42/48 | €59k | €52k | €59k | €66k | €41k | ▼ 37.6% |
| Current portion of amounts payable after more than one year42 | €12k | €12k | €7k | €10k | €10k | ▲ 6.8% |
| Trade debts44 | €47k | €40k | €20k | €15k | €7k | ▼ 51.2% |
| Suppliers440/4 | €47k | €40k | €20k | €15k | €7k | ▼ 51.2% |
| Advances received on contracts in progress46 | - | - | - | €7k | €12k | ▲ 71.4% |
| Taxes, remuneration and social security45 | €256 | €812 | €17k | €8k | €908 | ▼ 89.2% |
| Taxes450/3 | €256 | €812 | €17k | €8k | €908 | ▼ 89.2% |
| Other amounts payable47/48 | - | - | €16k | €27k | €11k | ▼ 58.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-12k | €2k | €-14k | €-12k | €19k | ▲ 261% |
| + Depreciation and write-downs630 | €17k | €11k | €13k | €13k | €13k | = |
| Operating cash flow (approximation) | €4k | €13k | €-1k | €1k | €32k | ▲ 2,151% |
| Investment in fixed assets (approximation) | - | €-4k | €-50k | €0 | €0 | - |
| Change in cash | - | €-10k | €-3k | €-902 | €-1k | ▼ 31.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
26-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 148 days late
2024
31-12
Financial
Back to profitnet €19k
Net result €19k after 2 loss-making years.
31-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 153 days late
2023
23-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 115 days late
2022
31-12
Financial
Weakest financial yearnet €-14k
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
28-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 120 days late
28-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 485 days late
2021
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 31 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 29 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
2016
27-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 27 days late
2015
22-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Andenne · 1 establishment unit since 1997
Ground area
1,293 m²
Building footprint
246 m²
Volume, LiDAR
1,234 m³
2 parcels, Wallonia · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue Chaussée 53, 4342 Awans
since 19972.081.465.986
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62053A0397/00F000 | Wallonia | 1,071 m² | 1 · 176 m² | 10.0 m · 2 fl. |
| 92003H0456/00W006 | Wallonia | 222 m² | 1 · 70 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,693 companies in sector 68121 we hold annual accounts for 7,385. 4,235 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-03-1997
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
46150Agents in the wholesale of furniture, household goods and hardware
46349Wholesale of beverages, general range
68203Renting and operating of own or leased non-residential real estate, excluding land
Scores and ratios are computed by Checked and are not a credit decision.