Equity
€87,858 ▲ 114%
SIM TECH paid out €833 in dividends. That is 2% of the 2025 profit.
SIM TECH
Lifetime
2 annual accounts with figures on one time axispeak €66,356 (2025)
€66,356▲ 38.1%
peak €47,613 (2025)
€47,613▲ 25.0%
peak €87,858 (2025)
€87,858▲ 114%
€75,211▲ 142%
Board1 name since 2024
1 directorSIMON Michael Stefan
Documentsfilings and deeds
02-07-202629 days before the deadline
2025micro format
Gross margin from €48,057 to €66,356Result from €38,077 to €47,613Dividend €833Equity from €41,077 to €87,858Debts from €31,095 to €75,211Cash from €1,310 to €110,860
Key points
from the 2025 annual accountsTurnover
≈ €260,000 estimated
The micro format states no turnover.
Position in the sector
€47,613
Higher net result than 85% of companies in specialised construction. Sector median €10,184 · 35,124 companies.
Checked score
87
Excellent
Financially stronger than 80% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
01-2026: 1.6%
02-2026: 2.5%▲ +0.9 percentage points vs 01-2026
03-2026: 2.5%● unchanged vs 02-2026
04-2026: 3.4%▲ +0.9 percentage points vs 03-2026
05-2026: 4.1%▲ +0.7 percentage points vs 04-2026
06-2026: 4.4%▲ +0.3 percentage points vs 05-2026
07-2026: 4.6%▲ +0.2 percentage points vs 06-2026highest value
08-2026: 0.4%▼ -4.2 percentage points vs 07-2026
09-2026: 0.4%● unchanged vs 08-2026
10-2026: 0.4%● unchanged vs 09-2026lowest value
11-2026: 0.4%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Founded in 2024
1 change of registered office in 24 months
lowers risk
Liquidity: current ratio 2.07, cash €110,860
Equity €87,858 (53.9% of total assets)
Calculation
The band follows from the bankruptcy probability. 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). It does better than 59% of them on solvency, 77% on liquidity, 92% on profitability and 92% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 11,279 companies had the same profile as SIM TECH has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of SIM TECH itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,447 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 11,279 companies, not a prediction for SIM TECH. 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
Credit of up to €7,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 2.07 (1.78 in 2024), above the usual 1.5. Short-term debt is 44.3% and cash 68% of total assets. 46.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
29 days early
2024
15 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 22 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1017495158
Registered office moved to Hingene
New registered office: Koningin Astridlaan 48 te 2880 Hingene (Wintam) · Board meeting of 15-12-2025 · Gazette deed
Incorporation
Founding capital of €3,000, 100 shares · Founder: SIMON Michael Stefan · Appointment: SIMON Michael Stefan (director) · published on 19-12-2024 · Gazette deed
First establishment
Koningin Astridlaan 48, Bornem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SIM TECH Bornem | €163,068 | €66,356 | 53.9% | - |
| VERHAEGE Wevelgem | €172,418 | €64,612 | 28.3% | - |
| IceVolts Diksmuide | €170,460 | €66,994 | 19.8% | - |
| PESIC INVEST Berchem-Sainte-Agathe | €160,299 | €67,654 | 50.4% | - |
| VHP-Solutions Tielt | €177,328 | €63,691 | 20.1% | - |
| Alpha Vision Fernelmont | €142,207 | €76,449 | 38.6% | - |
| GRID SOLUTIONS BELGIUM Laarne | €146,420 | €79,723 | 45.5% | - |
These companies have the same main activity as SIM TECH: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €142,000 and €177,000, founded in 2024.
Official details
Source: KBO- Status
- Active since 17-12-2024Normal situation
- Activity
- General electrical installation workNACE 43211and 3 others
- Establishment unit
- 2.367.407.1402880 Bornem, since 17-12-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 03-11-2026
Annual accounts 2025
- €163,068▲ 126%
- Filing
- Filed on 02-07-2026, 29 days before the end of the filing period
Insights on SIM TECH
SIM TECH has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €87,858 and a net result of €47,613.
Its solvency ranks better than 58% of 35,136 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
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 TECH
- What is the company number of SIM TECH?
- The company number of SIM TECH is 1017.495.158. The VAT number is the same number with BE in front: BE 1017.495.158.
- Where is SIM TECH based?
- The registered office is at Koningin Astridlaan 48, 2880 Bornem.Company details
- What does SIM TECH do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of SIM TECH?
- SIM TECH is a private limited company (BV).
- When was SIM TECH founded?
- SIM TECH was founded on 17-12-2024.
- Is SIM TECH still active?
- Yes, SIM TECH is an active enterprise in the KBO register.
- What is the turnover of SIM TECH?
- The turnover in financial year 2025 is ≈ €260,000. This figure is estimated from the gross margin of €66,356 and 40 comparable companies (NACE 43211). It probably lies between €160,000 and €410,000.Financials
- Is SIM TECH profitable?
- In financial year 2025, SIM TECH made a profit of €47,613.
- Where can I find the annual accounts of SIM TECH?
- SIM TECH filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SIM TECH due?
- SIM TECH must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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