Equity
€320,305 ▲ 58.6%
sim projects has made a profit in every financial year since 2018.
sim projects
Lifetime
7 annual accounts with figures on one time axispeak €247,962 (2022)
€235,263▲ 247%
peak €118,326 (2024)
€118,326▲ 505%
peak €320,305 (2024)
€320,305▲ 58.6%
€404,138▲ 23.1%
Board2 names since 2017
1 director
Documentsfilings and deeds
27-11-2025119 days late
2024micro format
Gross margin from €67,879 to €235,263Result from €19,559 to €118,326Equity from €201,979 to €320,305Debts from €328,303 to €404,138Cash from €19,340 to €72,819
Key points
from the 2024 annual accountsResult
€118,326 ▲ 505%
The result rose in 2024 from €19,559 to €118,326.
Turnover
≈ €970,000 estimated
The micro format states no turnover.
Debts
€404,138 ▲ 23.1%
Debts rose by €75,835 in 2024.
Filings
7 annual accounts 103 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Position in the sector
€118,326
Higher net result than 95% of companies in specialised construction. Sector median €9,467 · 35,926 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,782 companies had the same profile as sim projects has now. Each dot stands for 17 companies, two years later.
96.7%
were still trading
2.7%
stopped another way
0.6%
went bankrupt
Test of the method
The method was tested on the 497,448 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 6,782 companies, not a prediction for sim projects. 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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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Manager, since 05-12-2017
- 99 sharesdeed of 07-12-2017
- 1 sharedeed of 07-12-2017
Recent changes
UBO non-compliance
effective 26-01-2026 · KBO administration
UBO non-compliance
effective 22-12-2025 · KBO administration
Registered office moved from Heusden to Heusden-Zolder
New registered office: Magazijnstraat 5 bus 3, 3550 Heusden-Zolder · Previous registered office: MIJNWERKERSLAAN 33 BUS 2, 3550 HEUSDEN · General meeting of 01-07-2025 · Gazette deed
Address struck
KBO administration
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| sim projects Heusden-Zolder | - | - | 44.2% | - |
| ELFRIED LEFEVERE CRANES & TECHNICAL SERVICES Kruisem | - | - | 45.3% | - |
| AMA SISTEM Ternat | €1.7m | 13.1% | 75.1% | - |
| PRO RAMEN Berchem-Sainte-Agathe | €1.5m | 6.3% | 66.9% | - |
| POOL & SPA DESIGN Mouscron | - | - | 23.8% | - |
| be + construct Herve | - | - | 2.3% | 2.6 |
| BEMAGEX La Louvière | - | - | 3.4% | - |
These companies have the same main activity as sim projects: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €700,000 and €792,000, founded between 2017 and 2018.
Official details
Source: KBO- Status
- Active since 05-12-2017Normal situation
- Activity
- Other specialised construction activitiesNACE 43990and 1 other
- Establishment unit
- 2.270.730.3093550 Heusden-Zolder, since 05-12-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 30-10-2023
Insights on sim projects
sim projects files the micro format. That format states no turnover. The gross margin rose from €85,822 in 2018 to €235,263 in 2024.
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 projects
- What is the company number of sim projects?
- The company number of sim projects is 0685.652.715. The VAT number is the same number with BE in front: BE 0685.652.715.
- Where is sim projects based?
- The registered office is at Magazijnstraat 5, 3550 Heusden-Zolder.Company details
- What does sim projects do?
- According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
- What is the legal form of sim projects?
- sim projects is a private limited company (pre-2019) (BVBA).
- When was sim projects founded?
- sim projects was founded on 05-12-2017.
- Is sim projects still active?
- Yes, sim projects is an active enterprise in the KBO register.
- What is the turnover of sim projects?
- The turnover in financial year 2024 is ≈ €970,000. This figure is estimated from the gross margin of €235,263 and 45 comparable companies (NACE 43990). It probably lies between €670,000 and €1.8m. In financial year 2020 turnover was €627,696.Financials
- Is sim projects profitable?
- In financial year 2024, sim projects made a profit of €118,326.
- Where can I find the annual accounts of sim projects?
- sim projects filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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