SIM
Annual accounts 2025
micro format, filed on 30-04-2026, on the day of the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €28,000. Estimated: probably between €15,000 and €120,000.
Money flows
no detail for 2025Balance sheet
balance sheet total €36,998 on 30-09-2025Position in the sector
-162.9%
Higher than 7% of 15,428 companies in 2025.
0.38
Higher than 10% of 14,692 companies in 2025.
4.2%
Higher than 54% of 14,921 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
36,998 | 42,245 | 39,364 | 37,209 | 5,725 | 10,658 | 11,942 | 20,727 | 13,332 | 24,740 | 6,299 | 10,765 | 13,336 | 16,200 | 24,204 | 12,741 | 5,699 | |
21/28 |
- | 1,700 | 1,700 | 1,871 | 2,041 | 2,212 | 2,483 | 1,900 | 2,000 | 400 | 522 | 149 | 4,476 | 8,803 | 12,757 | 66 | 131 | |
22/27 |
- | - | - | 171 | 341 | 512 | 783 | 200 | 300 | 400 | 522 | 149 | 4,476 | 8,803 | 12,757 | 66 | 131 | |
23 |
- | - | - | 171 | 341 | 512 | 783 | 200 | 300 | 400 | 75 | 149 | 224 | 298 | - | 66 | 131 | |
24 |
- | - | - | - | - | - | - | - | - | - | 447 | - | - | - | - | - | - | |
28 |
- | 1,700 | 1,700 | 1,700 | 1,700 | 1,700 | 1,700 | 1,700 | 1,700 | - | - | - | - | - | - | - | - | |
29/58 |
36,998 | 40,545 | 37,664 | 35,338 | 3,684 | 8,446 | 9,459 | 18,827 | 11,332 | 24,340 | 5,777 | 10,616 | 8,860 | 7,397 | 11,447 | 12,675 | 5,568 | |
3 |
35,956 | 35,956 | 28,669 | 22,635 | - | 4,890 | 5,205 | 7,780 | 8,640 | 4,330 | 5,110 | 6,175 | 5,760 | 5,335 | 9,517 | 12,324 | 5,310 | |
30/36 |
35,956 | 35,956 | 28,669 | 22,635 | - | 4,890 | 5,205 | 7,780 | 8,640 | 4,330 | 5,110 | 6,175 | 5,760 | 5,335 | 9,517 | 12,324 | 5,310 | |
40/41 |
239 | 3,238 | 6,645 | 6,971 | 3,378 | 2,622 | 2,413 | 2,412 | 516 | - | - | 38 | - | - | - | 196 | 112 | |
40 |
- | 3,170 | 6,645 | 6,971 | 3,378 | 2,622 | 2,413 | 2,412 | 516 | - | - | 38 | - | - | - | 196 | 112 | |
41 |
239 | 68 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
54/58 |
382 | 999 | 1,393 | 4,897 | 306 | 935 | 1,841 | 8,635 | 2,176 | 20,010 | 667 | 4,403 | 3,100 | 2,062 | 1,930 | 155 | 146 | |
490/1 |
422 | 351 | 957 | 835 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
36,998 | 42,245 | 39,364 | 37,209 | 5,725 | 10,658 | 11,942 | 20,727 | 13,332 | 24,740 | 6,299 | 10,765 | 13,336 | 16,200 | 24,204 | 12,741 | 5,699 | |
10/15 |
-60,268 | -61,405 | -67,368 | -55,908 | -83,976 | -74,012 | -55,759 | -44,626 | -30,840 | -25,224 | -25,500 | -29,386 | -31,508 | -32,440 | -29,117 | -25,104 | -31,382 | |
10/11 |
6,371 | 6,371 | 6,371 | 6,371 | 6,371 | 6,371 | 6,371 | 6,371 | 6,371 | 6,371 | 6,371 | 6,371 | 6,371 | 6,371 | 6,371 | 6,371 | 6,371 | |
10 |
6,371 | 6,371 | 6,371 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
12,229 | 12,229 | 12,229 | 12,229 | 12,229 | 12,229 | 12,229 | 12,229 | 12,229 | 12,229 | 12,229 | 12,229 | 12,229 | 12,229 | 12,229 | 12,229 | 12,229 | |
13 |
930 | 930 | 930 | 930 | 930 | 930 | 930 | 930 | 930 | 930 | 930 | 930 | 930 | 930 | 930 | 930 | 930 | |
130/1 |
930 | 930 | 930 | 930 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
930 | 930 | 930 | 930 | 930 | 930 | 930 | 930 | 930 | 930 | 930 | 930 | 930 | 930 | 930 | 930 | 930 | |
14 |
-67,568 | -68,706 | -74,668 | -63,208 | -91,276 | -81,313 | -63,060 | -51,927 | -38,141 | -32,525 | -32,801 | -36,687 | -38,809 | -39,741 | -36,418 | -32,405 | -38,683 | |
17/49 |
97,266 | 103,650 | 106,732 | 93,116 | 89,701 | 84,670 | 67,701 | 65,353 | 44,172 | 49,964 | 31,799 | 40,151 | 44,844 | 48,640 | 53,321 | 37,845 | 37,081 | |
17 |
- | - | - | - | - | - | - | - | - | - | - | - | 3,476 | 7,883 | 12,046 | - | - | |
170/4 |
- | - | - | - | - | - | - | - | - | - | - | - | 3,476 | 7,883 | 12,046 | - | - | |
42/48 |
97,266 | 103,650 | 106,732 | 93,116 | 89,701 | 84,670 | 67,701 | 65,353 | 44,172 | 49,964 | 31,799 | 40,151 | 41,368 | 40,757 | 41,275 | 37,845 | 37,081 | |
42 |
- | - | - | - | - | - | - | - | - | - | - | 3,476 | 4,408 | 4,163 | 3,930 | - | - | |
44 |
13,091 | 9,770 | 15,479 | 10,920 | 11,836 | 14,316 | 9,162 | 7,014 | 6,352 | 7,844 | 10,016 | 7,984 | 7,542 | 7,587 | 10,140 | 8,939 | 9,874 | |
440/4 |
13,091 | 9,770 | 15,479 | 10,920 | 11,836 | 14,316 | 9,162 | 7,014 | 6,352 | 7,844 | 10,016 | 7,984 | 7,542 | 7,587 | 10,140 | 8,939 | 9,874 | |
45 |
16,743 | 14,586 | 13,361 | 4,180 | 3,115 | 2,026 | 2,884 | 2,750 | 2,704 | 3,538 | 3,398 | 3,014 | 3,045 | 3,382 | 2,173 | 1,716 | 1,881 | |
450/3 |
16,441 | 14,586 | 13,361 | 4,180 | 3,115 | 2,026 | 2,884 | 2,750 | 2,704 | 3,538 | 3,398 | 3,014 | 3,045 | 3,382 | 2,173 | 1,716 | 1,881 | |
454/9 |
302 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
47/48 |
67,433 | 79,293 | 77,893 | 78,017 | 74,750 | 68,329 | 55,655 | 55,589 | 35,116 | 38,582 | 18,385 | 25,677 | 26,373 | 25,625 | 25,032 | 27,190 | 25,326 | |
| Income statement | ||||||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | 82,201 | 74,834 | 65,638 | 65,087 | - | - | - | 59,099 | |
76A |
- | - | 826 | - | - | - | - | - | - | - | - | - | 500 | - | - | - | - | |
9900 |
2,875 | 6,825 | -8,430 | 30,732 | -8,330 | -17,190 | -9,686 | -11,961 | -4,653 | 1,887 | 4,678 | 7,861 | 6,361 | 2,684 | 1,468 | 7,347 | 2,780 | |
60/61 |
- | - | - | - | - | - | - | - | - | 80,315 | 70,156 | 57,777 | 58,726 | - | - | - | 56,320 | |
630 |
- | - | 171 | 171 | 171 | 271 | 271 | 100 | 100 | 622 | 522 | 4,327 | 4,327 | 4,327 | 4,318 | 66 | 599 | |
640/8 |
805 | 985 | 1,685 | 506 | 944 | 736 | 624 | 881 | 622 | 620 | 619 | 615 | 822 | 663 | 885 | 991 | 1,210 | |
9901 |
2,070 | 5,840 | -10,286 | 30,056 | -9,445 | -18,197 | -10,581 | -12,942 | -5,375 | 645 | 3,537 | 2,919 | 1,212 | -2,306 | -3,735 | 6,290 | 971 | |
75/76B |
10 | 297 | 34 | - | 38 | 313 | 145 | 257 | 784 | 686 | 1,454 | 203 | 182 | 175 | 144 | 236 | 96 | |
75 |
10 | 297 | 34 | - | 38 | 313 | 145 | 257 | 784 | 686 | 1,454 | 203 | 182 | 175 | 144 | 236 | 96 | |
65/66B |
519 | 174 | 1,208 | 2,285 | 556 | 368 | 699 | 1,108 | 1,016 | 1,058 | 1,101 | 999 | 962 | 1,192 | 422 | 248 | 628 | |
65 |
519 | 174 | 1,208 | 2,285 | 556 | 368 | 699 | 1,108 | 1,016 | 1,058 | 1,101 | 999 | 962 | 1,192 | 422 | 248 | 628 | |
9903 |
1,562 | 5,963 | -11,460 | 27,771 | -9,964 | -18,252 | -11,135 | -13,793 | -5,607 | 273 | 3,890 | 2,123 | 932 | -3,323 | -4,013 | 6,278 | 439 | |
67/77 |
- | - | - | -297 | 0 | 0 | -2 | -7 | 9 | -3 | 4 | 1 | - | - | - | - | - | |
9904 |
1,562 | 5,963 | -11,460 | 28,068 | -9,964 | -18,252 | -11,133 | -13,786 | -5,616 | 276 | 3,886 | 2,122 | 932 | -3,323 | -4,013 | 6,278 | 439 | |
9905 |
1,562 | 5,963 | -11,460 | 28,068 | -9,964 | -18,252 | -11,133 | -13,786 | -5,616 | 276 | 3,886 | 2,122 | 932 | -3,323 | -4,013 | 6,278 | 439 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
-67,568 | -68,706 | -74,668 | -63,208 | -91,276 | -81,313 | -63,060 | -51,927 | -38,141 | -32,525 | -32,801 | -36,687 | -38,809 | -39,741 | -36,418 | -32,405 | -38,683 | |
14P |
-69,130 | -74,668 | -63,208 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||||
The accounts for 8 older financial years (1999-2006) were filed as documents without figures as data, scans for example.
The notes to these accounts have 3 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 30-04-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 30-04-2026 | 2026-00096854 | |
| 30-09-2022 | micro format | 16-05-2023 | 2023-00087670 | |
| 30-09-2021 | micro format | 29-04-2022 | 2022-20012332 | |
| 30-09-2020 | micro format | 30-03-2021 | 2021-08900553 | |
| 30-09-2019 | micro format | 19-06-2020 | 2020-18500049 | |
| 30-09-2018 | micro format | 30-04-2019 | 2019-11700340 | |
| 30-09-2017 | abbreviated format | 24-04-2018 | 2018-10900090 | |
| 30-09-2016 | abbreviated format | 20-04-2017 | 2017-09700377 | |
| 30-09-2015 | abbreviated format | 28-04-2016 | 2016-11100487 | |
| 30-09-2014 | abbreviated format | 24-04-2015 | 2015-10400486 | |
| 30-09-2013 | abbreviated format | 25-04-2014 | 2014-10200530 | |
| 30-09-2012 | abbreviated format | 26-04-2013 | 2013-10100105 | |
| 30-09-2011 | abbreviated format | 04-04-2012 | 2012-08200314 | |
| 30-09-2010 | abbreviated format | 28-04-2011 | 2011-09500047 | |
| 30-09-2009 | abbreviated format | 29-03-2010 | 2010-08000083 | |
| 30-09-2008 | abbreviated format | 06-05-2009 | 2009-13700239 | |
| 30-09-2007 | abbreviated format | 09-04-2008 | 2008-10300005 | |
| 30-09-2006 | abbreviated format | 30-03-2007 | 2007-11203083 | |
| 30-09-2005 | abbreviated format | 07-04-2006 | 2006-10700567 | |
| 30-09-2004 | abbreviated format | 01-04-2005 | 2005-10304412 | |
| 30-09-2003 | abbreviated format | 29-03-2004 | 2004-09101722 | |
| 30-09-2002 | abbreviated format | 31-03-2003 | 2003-09602244 | |
| 30-09-2001 | abbreviated format | 04-04-2002 | 2002-08802837 | |
| 30-09-2000 | abbreviated format | 11-04-2001 | 2001-09504669 | |
| 30-09-1999 | abbreviated format | 31-03-2000 | 2000-08601425 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - | - | -10,115 | 30,227 | -9,275 | -17,926 | -10,310 | -12,842 | -5,275 | 1,267 | 4,059 | 7,246 | 5,539 | 2,021 | 583 | 6,356 | 1,570 | ||
| - | - | -11,290 | 28,239 | -9,793 | -17,982 | -10,862 | -13,686 | -5,516 | 898 | 4,408 | 6,449 | 5,259 | 1,004 | 305 | 6,344 | 1,038 | ||
| - | - | 0 | 0 | 0 | -0 | 854 | 0 | 1,700 | 500 | 895 | 0 | 0 | 373 | 17,009 | 1 | 387 | ||
| - | -394 | -3,504 | 4,592 | -629 | -906 | -6,794 | 6,459 | -17,834 | 19,343 | -3,736 | 1,303 | 1,038 | 132 | 1,775 | 9 | - | ||
| -60,268 | -63,105 | -69,068 | -57,778 | -86,017 | -76,224 | -58,242 | -46,526 | -32,840 | -25,624 | -26,022 | -29,535 | -32,508 | -33,360 | -29,828 | -25,170 | -31,513 | ||
| - | - | - | - | - | - | - | - | - | 0.8% | 4.7% | 4.4% | 1.9% | - | - | - | 1.6% | ||
| -162.9% | -145.4% | -171.1% | -150.3% | - | -694.4% | -466.9% | -215.3% | -231.3% | -102.0% | -404.8% | -273.0% | -236.3% | -200.2% | -120.3% | -197.0% | -550.7% | ||
| 0.38 | 0.39 | 0.35 | 0.38 | 0.04 | 0.10 | 0.14 | 0.29 | 0.26 | 0.49 | 0.18 | 0.26 | 0.21 | 0.18 | 0.28 | 0.33 | 0.15 | ||
| 0.01 | 0.04 | 0.08 | 0.14 | 0.04 | 0.04 | 0.06 | 0.17 | 0.06 | 0.40 | 0.02 | 0.11 | 0.07 | 0.05 | 0.05 | 0.01 | 0.01 | ||
| 4.2% | 14.1% | -29.1% | 75.4% | -174.0% | -171.2% | -93.2% | -66.5% | -42.1% | 1.1% | 61.7% | 19.7% | 7.0% | -20.5% | -16.6% | 49.3% | 7.7% | ||
| - | - | -8.37 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | 0 days | - | - | - | - | 1 day | ||
| - | - | - | - | - | - | - | - | - | 36 days | 52 days | 50 days | 47 days | - | - | - | 64 days |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on SIM
The operating result for 2025 is €2,070, against €5,840 in 2022. Comparable figures for the intervening years are unavailable.
Equity is negative. Debt (€97,266) exceeds the balance-sheet total (€36,998).