Financials
- Financial year
- 2024
- Total assets
- €95,132
- Loss
- -€6,589
- Solvency
- 78.9%
Total assets▼ 3.8%
Net result
20182024
NEW SIMA
ActiveSummary
NEW SIMA has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €75,017 and a net result of -€6,589. Equity is growing by about 4.8% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Activity
Activity not known1 site
Size
€95,132total assets 2024
- Equity
- €75,017
- Loss
- -€6,589
Turnover not published (abbreviated or micro format)
Structure
Accounts 70 days overdue0 of 2 deeds read
Why 83raises riskFigures for financial year 2024 (filed 24-10-2025)lowers riskFounded in 1993Size: total assets €95,132Equity €75,017 (78.9% of total assets)Show the evidence
Checked score
Score 2024
83
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 53% of its sector peers (no NACE code, micro)
Financial strength · tick = 2023
Strong
Solvency
100=
equity 78.9% of total assets
Liquidity
69+16
short-term debt 14.0% · cash 17.3%
Profitability
60=
return on assets -6.9%
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.0%highest value
12-2024: 1.0%● unchanged vs 11-2024highest value
01-2025: 1.0%● unchanged vs 12-2024highest value
02-2025: 1.0%● unchanged vs 01-2025highest value
03-2025: 1.0%● unchanged vs 02-2025highest value
04-2025: 1.0%● unchanged vs 03-2025highest value
05-2025: 1.0%● unchanged vs 04-2025highest value
06-2025: 1.0%● unchanged vs 05-2025highest value
07-2025: 1.0%● unchanged vs 06-2025highest value
08-2025: 0.9%▼ -0.1 percentage points vs 07-2025
09-2025: 0.9%● unchanged vs 08-2025
10-2025: 0.9%● unchanged vs 09-2025
11-2025: 0.2%▼ -0.7 percentage points vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026lowest value
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.3%▲ +0.1 percentage points vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.4%▲ +0.1 percentage points vs 09-2026
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.23, compared with 0.32 in 2023; short-term debt: 14% and cash: 17.3% of total assets), and 21.1% 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 (no NACE code, micro): better than 81% on solvency, 65% on liquidity, 40% on profitability and 26% on growth.
The bankruptcy probability was computed on 08-10-2026 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
Six signals.
−lowers risk+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
181920212324
2018 to 2024 · latest year -€6,589
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-10-2025, 83 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
83 days late
2023
448 days late
2021
31 days late
2020
29 days early
2019
28 days early
2018
30 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 89 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
- Liquidity more than triplescurrent ratio 1.23
Key points
By topic
Timeline
- Events
- 34
- Since
- 1994
- 31-08-2022Annual accounts filed
- 02-07-2021Annual accounts filed
- 03-07-2020Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Founded
- 28-09-1993
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
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