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SIM BUILDING

Active
Private limited companyfounded 2025active for 1 yearAmanda Foketstraat 20, 9000 Gent, BelgiumKBO/BCE: BE 1018.726.959
Summary

The computed 12-month bankruptcy probability of SIM BUILDING is 2.3% (moderate). The 2025 annual accounts show equity of €50,123 and a net result of €45,123. Its solvency ranks better than 44% of 34,807 sector peers (NACE 43, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Installation of electric heating, air conditioning, cooling and ventilation
NACE 43222
1 site
Size
≈ €290,000turnover 2025, estimated
Equity
€50,123
Profit
€45,123
Turnover estimated from the gross margin
Financial health
53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.3%
Structure
2025 accounts filed 7 days late
Why 53raises riskFounded in 2025Size: total assets €120,657Sector: Specialised construction activities (NACE 43)Liquidity: current ratio 1.64, cash €8,195Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 51% of its sector peers (NACE 43, micro)
Financial strength
Strong
Solvency 67
equity 41.5% of total assets
Liquidity 28
short-term debt 58.5% · cash 6.8%
Profitability 100
return on assets 37.4%
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 02-2026: 1.9%lowest value 03-2026: 1.9%● unchanged vs 02-2026lowest value 04-2026: 2.0%▲ +0.1 percentage points vs 03-2026 05-2026: 2.3%▲ +0.3 percentage points vs 04-2026 06-2026: 2.4%▲ +0.1 percentage points vs 05-2026 07-2026: 2.7%▲ +0.3 percentage points vs 06-2026 08-2026: 3.0%▲ +0.3 percentage points vs 07-2026highest value 09-2026: 2.3%▼ -0.7 percentage points vs 08-2026 10-2026: 2.3%● unchanged vs 09-2026
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity ample (current ratio 1.64, above the usual 1.5; short-term debt: 58.5% and cash: 6.8% of total assets), but 58.5% of the assets are financed with debt and provisions.
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 43, micro): better than 44% on solvency, 17% on liquidity and 92% on profitability.

The bankruptcy probability was computed on 30-10-2026 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.
raises risk
raises risk · Founded in 2025
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Size: total assets €120,657
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Liquidity: current ratio 1.64, cash €8,195
NBB · annual accounts
raises risk · 2025 accounts filed 7 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
7 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2025.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. IncorporationAppointment: AMIROV Imran makhambatovitch (director)…

Financials · financial year 2025, micro format

2025 annual accounts filed late (7 days) Filed on 7 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00386810.

Turnover
≈ €290,000
Estimated: probably between €230,000 and €400,000
Total assets
€120,657
Net result
€45,123
Working capital
€45,316

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €120,657
Fixed assets €4,807
Current assets €115,851
Equity and liabilities €120,657
Equity €50,123
Debt €70,535
Debt finances 58.5% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€69,183
Cash flow
€45,413
Current ratio
1.64
Debt to equity
1.41
ROE
90.0%
ROA
37.4%
Interest coverage
28.82
Debt ≤ 1 year
€70,535
Income taxes
€21,370

Peer companies

Historical observation

Of the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a higher bankruptcy probability: 2.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 11,279 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 36 lines
Balance sheet Code2025
Assets
Total assets20/58€120,657
Fixed assets21/28€4,807
Tangible fixed assets22/27€4,807
Plant, machinery and equipment23€4,061
Furniture and vehicles24€746
Current assets29/58€115,851
Amounts receivable within one year40/41€102,308
Trade receivables40€98,865
Other amounts receivable41€3,442
Cash at bank and in hand54/58€8,195
Deferred charges and accrued income490/1€5,348
Equity and liabilities
Total equity and liabilities10/49€120,657
Equity10/15€50,123
Contributions10/11€5,000
Reserves13€45,123
Distributable reserves133€45,123
Amounts payable17/49€70,535
Amounts payable within one year42/48€70,535
Trade debts44€41,429
Suppliers440/4€41,429
Taxes, remuneration and social security45€21,370
Taxes450/3€21,370
Other amounts payable47/48€7,736
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€290
Other operating charges640/8€6,636
Gross operating margin9900€75,819
Operating profit (loss)9901€68,892
Financial charges65/66B€2,400
Recurring financial charges65€2,400
Profit (loss) for the period before taxes9903€66,492
Income taxes67/77€21,370
Profit (loss) for the period9904€45,123
Profit (loss) for the period to be appropriated9905€45,123
Appropriation of the result
Profit (loss) to be appropriated9906€45,123
Transfer to equity691/2€45,123
To other reserves6921€45,123

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€290
Other operating charges640/8€6,636
Gross operating margin9900€75,819
Operating profit (loss)9901€68,892
Financial charges65/66B€2,400
Recurring financial charges65€2,400
Profit (loss) for the period before taxes9903€66,492
Income taxes67/77€21,370
Profit (loss) for the period9904€45,123
Profit (loss) for the period to be appropriated9905€45,123
Line2025
Assets
Total assets20/58€120,657
Fixed assets21/28€4,807
Tangible fixed assets22/27€4,807
Plant, machinery and equipment23€4,061
Furniture and vehicles24€746
Current assets29/58€115,851
Amounts receivable within one year40/41€102,308
Trade receivables40€98,865
Other amounts receivable41€3,442
Cash at bank and in hand54/58€8,195
Deferred charges and accrued income490/1€5,348
Equity and liabilities
Total equity and liabilities10/49€120,657
Equity10/15€50,123
Contributions10/11€5,000
Reserves13€45,123
Distributable reserves133€45,123
Amounts payable17/49€70,535
Amounts payable within one year42/48€70,535
Trade debts44€41,429
Suppliers440/4€41,429
Taxes, remuneration and social security45€21,370
Taxes450/3€21,370
Other amounts payable47/48€7,736
Line2025
Profit (loss) for the period9904€45,123
+ Depreciation and write-downs630€290
Operating cash flow (approximation)€45,413

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 07-08-2026 2026-00386810

Similar companies · same sector, comparable size

Of the 9,483 active companies whose main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222), figures are known for 5,768. 4,651 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, no change since 2025
AMIROV Imran makhambatovitch
Director (not named in the articles) · since 17-01-2025
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

1 person since 2025, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
AMIROV Imran makhambatovitch
  • Director (not named in the articles), from 17-01-2025 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 17-01-2025 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 17-01-2025 Incorporation · €5,000 · 100 shares

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 15 January 2025, SIM BUILDING was incorporated as a private limited company by one natural person, with a starting capital of €5,000.12 AMIROV Imran makhambatovitch has served as director of the company since 2025.2 The company has filed annual accounts once, for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 17-01-2025
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
07-08
NBB filing Annual accounts filed
financial year 2025 · micro format · 7 days late
2025
17-01
Gazette deed Incorporation
Appointment: AMIROV Imran makhambatovitch (director) · Registered office clause · Board rule9 facts ▸
  • Registered office clause, “9000 GENT, Amanda Foketstraat 20”, 2 (deed in Dutch)
  • Board rule, 1, 3
  • Director appointment, AMIROV Imran makhambatovitch (director (not named in the articles))
  • Founder, AMIROV Imran makhambatovitch
  • Incorporation, “SIM BUILDING” (deed in Dutch)
  • Founding capital, €5,000
  • Bank account, “vennootschap in oprichting, bankattest” (deed in Dutch)
  • Other provision, 18-12-2024
  • Other provision, “aansprakelijkheid oprichter, faillissement binnen drie jaar na oprichting” (deed in Dutch)
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded15-01-2025
Financial year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
43221Plumbing work
E-invoicing
Reachable via Peppol
Peppol ID 0208:1018726959
Also 9925:BE1018726959
Registered 20-01-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 1018.726.959

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2025
registered office establishment The establishment unit on the map
Ground area
142 m²
Building footprint
64 m²
Parcel 44816K0965/00T002, Flanders. Linked by address, not a title deed.
1 establishment unit
SIM BUILDING
Amanda Foketstraat 20, 9000 GentInstallation of electric heating, air conditioning, cooling and ventilation
since 2025unit no. 2.368.554.413
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
44816K0965/00T002 Flanders 142 m² 1 · 64 m² -
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Algemene bouw van residentiële gebouwen; Algemene gebouw van kantoorgebouwen; Algemene bouw van andere niet-residentiële gebouwen; Bouwrijp…” (deed in Dutch)
17 activities (deed in Dutch)
  1. Algemene bouw van residentiële gebouwen;
  2. Algemene gebouw van kantoorgebouwen;
  3. Algemene bouw van andere niet-residentiële gebouwen;
  4. Bouwrijp maken van terreinen;
  5. Installatie in gebouwen en andere bouwwerken van : loodgieterswerk en sanitaire apparaten,gasleidingen en aansluitingen m.u.v. gasleidingen voor verwarmingssystemen,waterleidingen,brandblusinstallaties enz.
  6. Isolatiewerkzaamheden
  7. Overige bouwinstallatie,n.e.g.
  8. Aanbrengen van pleister- en stukadoorswerk (inclusief het aanbrengen van een hechtgrond) aan de binnen- of buitenzijde van gebouwen en andere bouwwerken;
  9. Schrijnwerk;
  10. Plaatsen van tussenwanden van gipsplaten;
  11. Plaatsen in gebouwen en andere bouwwerken van : parket en andere houten vloerbekleding,wandbekleding van hout;
  12. Dak werkzaamheden;
  13. Waterdichtingswerken van muren;
  14. Gevelreiniging;
  15. Uitvoeren van metsel- en voegwerken;
  16. Chapewerken;
  17. Overige reiniging van gebouwen; industriële reiniging

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
SIM BUILDING
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest” (deed in Dutch)

deed of 17-01-2025

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Met of zonder beperking van duur, natuurlijke personen of rechtspersonen,aandeelhouder of niet” (deed in Dutch)
1 more provision on this in the deed

deed of 17-01-2025

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“100, gelijk” (deed in Dutch)

deed of 17-01-2025

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Friday of June at 18:00

deed of 17-01-2025

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Toegang tot algemene vergadering, Artikel 16” (deed in Dutch)
Other provision: “Schriftelijke volmacht aan ieder ander persoon, aandeelhouder of niet, beraadslagingen algemene vergadering” (deed in Dutch)
Other provision: “Schriftelijke beraadslaging, Artikel 19” (deed in Dutch)
Other provision: “Bestemming winst-reserves-interimdividend, Artikel 23” (deed in Dutch)
Other provision: “Drie jaar, één of meerdere commissarissen” (deed in Dutch)
4 more provisions in the deed, see the deed of 17-01-2025

deed of 17-01-2025