Equity
-€60,268
Debts exceed assets in financial year 2025.
SIM
Lifetime
17 annual accounts with figures on one time axis, 25 filings since 1999peak €30,732 (2020)
€2,875
lowest -€18,252 (2018)
€1,562
peak -€25,104 (2008)
-€60,268
€97,266
Board2 names since 2021
2 directors and 1 other
Documentsfilings and deeds
30-04-2026on the last day
2025micro format
Registered office moved from Ghent to Deinze 14-10-2025No annual accounts filed for 2023
Key points
from the 2025 annual accountsDebts
€97,266 263% of the balance sheet
Suppliers 13%Taxes and wages 17%Other 69%
Position in the sector
-162.9%
Lower solvency than 92% of companies in wholesale trade. Sector median 40.6% · 15,428 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,454 companies had the same profile as SIM has now. Each dot stands for 4 companies, two years later.
92.1%
were still trading
5.0%
stopped another way
2.5%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,454 companies, not a prediction for SIM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0464816179
Registered office moved from Ghent to Deinze
New registered office: Vosselarestraat 44, 9850 Deinze (Landegem) · Previous registered office: Kattegaver 6, 9031 Gent · Board meeting of 18-09-2025 · Gazette deed
Registered office moved within Drongen
New registered office: Kattegaver 6 te 9031 Drongen · Previous registered office: Kattegaver 4 te 9031 Drongen · Board meeting of 24-06-2015 · Gazette deed
First establishment
Vosselarestraat 44, Deinze
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SIM Deinze | €36,998 | €2,875 | -162.9% | - |
| SMARTRONICS Hove | €34,806 | €1,959 | 62.3% | - |
| Multifoon Edegem | €31,655 | €7,113 | -123.3% | - |
| BLACKFOX Kampenhout | €17,795 | €3,627 | 89.4% | - |
| MESA SOLAR ENERGY Tienen | €33,888 | -€23,544 | -7.2% | - |
| Eurad Borgloon | €29,246 | €771 | -84.7% | - |
| DESTAG Antwerp | €39,891 | €1,473 | 98.8% | - |
These companies have the same main activity as SIM: wholesale of electrical household appliances and audio-video equipment (NACE 46431). They are comparable in size and age: total assets between €17,800 and €39,900, founded between 1991 and 2004.
Official details
Source: KBO- Status
- Active since 10-12-1998Normal situation
- Activity
- Wholesale of electrical household appliances and audio-video equipmentNACE 46431and 1 other
- Establishment unit
- 2.089.658.0339850 Deinze, since 20-02-2002
- Financial year end
- 30 September
- Peppol
- Reachable since 09-12-2025
Annual accounts to 30-09-2025
- ≈ €28,000estimated
- €36,998
- Filing
- Filed on 30-04-2026, on the last day of the filing period
Insights on SIM
SIM files the micro format. That format states no turnover. The gross margin rose from €2,780 in 2007 to €2,875 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SIM
- What is the company number of SIM?
- The company number of SIM is 0464.816.179. The VAT number is the same number with BE in front: BE 0464.816.179.
- Where is SIM based?
- The registered office is at Vosselarestraat 44, 9850 Deinze.Company details
- What does SIM do?
- According to the KBO register, the main activity is wholesale of electrical household appliances and audio-video equipment (NACE 46431).
- What is the legal form of SIM?
- Legal form of SIM: Coöperatieve vennootschap met beperkte aansprakelijkheid.
- When was SIM founded?
- SIM was founded on 10-12-1998.
- Is SIM still active?
- Yes, SIM is an active enterprise in the KBO register.
- What is the turnover of SIM?
- The turnover in financial year 2025 is ≈ €28,000. This figure is estimated from the gross margin of €2,875 and 41 comparable companies (NACE 464). It probably lies between €15,000 and €120,000. It is a rough estimate.Financials
- Is SIM profitable?
- In financial year 2025, SIM made a profit of €1,562.
- Where can I find the annual accounts of SIM?
- SIM filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SIM due?
- SIM must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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