Equity
€87,858 ▲ 114%
SIM TECH paid out €833 in dividends. That is 2% of the 2025 profit.
SIM TECH
Overview
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.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
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
- €66,356▲ 38.1%
- €47,613▲ 25.0%
- €87,858▲ 114%
- €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.
Financials
Annual accounts 2025
micro format, filed on 02-07-2026, 29 days before the deadline€66,356
▲ 38.1%
€61,825
▲ 29.9%
€47,613
▲ 25.0%
€77,588
▲ 221%
53.9%
▼ 3.0 percentage points
2.07
▲ 0.30
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €260,000. Estimated: probably between €160,000 and €410,000.
Balance sheet
balance sheet total €163,068 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
53.9%
Higher than 58% of 35,136 companies in 2025.
2.07
Higher than 56% of 34,510 companies in 2025.
29.2%
Higher than 86% of 34,711 companies in 2025.
SIM TECH
Middle half of the sector
80% of the sector
Micro accounts in specialised construction (NACE 43)
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
163,068 | 72,172 | |
21/28 |
13,278 | 16,901 | |
22/27 |
13,278 | 16,901 | |
24 |
13,278 | 16,901 | |
29/58 |
149,790 | 55,272 | |
29 |
30,000 | - | |
291 |
30,000 | - | |
40/41 |
7,577 | 53,961 | |
40 |
7,577 | 50,000 | |
41 |
0 | 3,961 | |
54/58 |
110,860 | 1,310 | |
490/1 |
1,354 | - | |
| Balance sheet: equity and liabilities | |||
10/49 |
163,068 | 72,172 | |
10/15 |
87,858 | 41,077 | |
10/11 |
3,000 | 3,000 | |
13 |
84,858 | 38,077 | |
133 |
84,858 | 38,077 | |
14 |
0 | - | |
17/49 |
75,211 | 31,095 | |
17 |
2,809 | - | |
170/4 |
2,809 | - | |
42/48 |
72,202 | 31,095 | |
42 |
6,496 | - | |
44 |
36,342 | 21,575 | |
440/4 |
36,342 | 21,575 | |
45 |
29,011 | 9,519 | |
450/3 |
29,011 | 9,519 | |
47/48 |
353 | - | |
492/3 |
200 | - | |
| Income statement | |||
9900 |
66,356 | 48,057 | |
630 |
3,622 | 20 | |
640/8 |
908 | 437 | |
9901 |
61,825 | 47,599 | |
75/76B |
131 | - | |
75 |
131 | - | |
65/66B |
923 | 3 | |
65 |
923 | 3 | |
9903 |
61,034 | 47,597 | |
67/77 |
13,421 | 9,519 | |
9904 |
47,613 | 38,077 | |
9905 |
47,613 | 38,077 | |
| Appropriation of the result | |||
9906 |
47,613 | 38,077 | |
691/2 |
46,780 | 38,077 | |
6921 |
46,780 | 38,077 | |
694/7 |
833 | - | |
694 |
833 | - | |
| Document | |||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 02-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 65,447 | 47,619 | ||
| 51,236 | 38,097 | ||
| 0 | 16,921 | ||
| 109,550 | - | ||
| 77,588 | 24,177 | ||
| 53.9% | 56.9% | ||
| 2.07 | 1.78 | ||
| 0.86 | 0.76 | ||
| 54.2% | 92.7% | ||
| 29.2% | 52.8% | ||
| 70.93 | over 100 |
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.
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | - | €16,921 |
| €3,622 | €20 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on SIM TECH
The operating result for 2025 is 30% higher than in 2024.
Debt's share of the balance-sheet total rises from 43.1% to 46.1%. Equity and debt are higher.
Board & ownership
Board
1 director, since incorporationDirector
appointed by deed of 19-12-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 02-07-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “7. Bepalingen inzake de externe vertegenwoordiging. De vennootschap is verbonden door de handelingen van het bestuursorgaan en van de…”deed of 19-12-2024
Mandates through the years
1 name, the dashed line is todaySIMON Michael Stefan
Director
Director
Board
Mandates as a list
- SIMON Michael Stefan
- Director, appointed by deed of 19-12-2024, still in office
Control
Capital
- Contribution
- €3,000
- Shares
- 100
- Contribution per share
- €30
- Equity per share
- €879 in 2025
- Source
- deed of 19-12-2024
Articles of association
deed of 19-12-2024 (in Dutch)- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Thursday of June at 18:00
Shareholders
At incorporation
deed of 19-12-2024 ↗
- SIMON Michael Stefan 100 shares (100%)
Network & group
No group
SIM TECH has no parent and no holdings in its annual accounts. SIMON Michael Stefan is the only director. SIM TECH shares no director with another company.
Timeline
Timeline
6 events since 2024Filings
Establishments
Address
202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:1017495158
Annual accounts 2025 filed NBBmicro format · 29 days before the deadline
Registered office moved to HingeneNew registered office: Koningin Astridlaan 48 te 2880 Hingene (Wintam) · Board meeting of 15-12-20252 points ▸
- Board meeting, 15-12-2025
- Registered-office move, Koningin Astridlaan 48 te 2880 Hingene (Wintam)
2025
Annual accounts 2024 filed NBBmicro format · 15 days before the deadline
2024
IncorporationFounding capital of €3,000, 100 shares · Founder: SIMON Michael Stefan · Appointment: SIMON Michael Stefan (director) · published on 19-12-20244 points ▸
- Founder, SIMON Michael Stefan
- Founding capital, €3,000, 100 shares
- Director appointment, SIMON Michael Stefan
- Registered office clause, Europalaan 12, 2620 Hemiksem
First establishment Koningin Astridlaan 48, Bornem
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
SIM TECH was incorporated on 17 December 2024 as a private limited company by one natural person, with a starting capital of €3,000.12 The registered office was moved to Hingene in 2026.3 SIMON Michael Stefan is director of the company, appointed by deed of 19-12-2024.2
Company details
Identity
- Enterprise number
- 1017.495.158
- VAT number
- BE 1017.495.158
- Peppol ID
- 0208:1017495158
- Other Peppol ID
- 9925:BE1017495158
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 17-12-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Thursday of June at 18:00deed of 19-12-2024 (in Dutch)
- Website
- www.sim-tech.be
- Peppol
- Reachable since 03-11-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- SIM TECH in Dutch
- Entity type
- Legal entity
Activities
NACEBEL 202543211
General electrical installation work main activity
Codes under NACEBEL 2008
43211
Specialised construction activities main activity
33200
Installation of industrial machinery and equipment
43212
Specialised construction activities
43222
Specialised construction activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Verstrekken van technisch advies,studie,ontwerpen,raadgevingen en uitvoeringen in het algemeen op gebied van elektriciteit,elektrische…”deed of 19-12-2024 (in Dutch)
25 activities
- Verstrekken van technisch advies,studie,ontwerpen,raadgevingen en uitvoeringen in het algemeen op gebied van elektriciteit,elektrische installaties,zonne-energie,automotive elektro,elektronica en/of automatisering voor zowel mobiele,als niet mobile toepassingen;
- Alle activiteiten die verband houden met elektrotechnische installateur;
- Mechanische constructies met betrekking tot montage van voorgaande;
- Constructie van schakel en verdeelborden;
- Samenstellen en plaatsen van middenspanningsinrichtingen;
- De installatie van bedrading en toebehoren,de installatie van hulpvoedingssystemen,de installatie van de bedrading van telefooninstallaties,parlofonie,videofonie en computersystemen,de installatie van elektrische verwarmingsinstallaties,de installatie van databekabeling;
- Groot- en kleinhandel,aan- en verkoop,in- en uitvoer,installatie van elektrisch en elektronisch materiaal,inclusief installatiemateriaal,kabels,draad,schakelaars,schakelborden,en dergelijke alsook verlichtingsartikelen;
- Uitwerking en realisatie van projecten op het gebied van elektriciteit en elektronica,domotica,veiligheid,klimaatbeheersing,koeltechniek,branddetectie,verwerking en voorkomen van pollutie,en dergelijke;
- Vertegenwoordiging,aan- en verkoop en elektro-sanitair-,verlichting en bevestigingstechnieken,en in het bijzonder van alle installatiematerialen,en al hun toebehoren,evenals hun doorvoeren uitvoer.
- Installatie van centrale verwarming,klimaatregeling en ventilatie,alarminstallaties,domotica,airconditioningstoestellen,allerlei luchtbehandelingsinstallaties,automatische deuren en hekken,centrale stofzuiging,camerabewaking,tuinverlichting,diamantboringen;
- Groot- en kleinhandel,aan- en verkoop,in- en uitvoer van verwarmingsinstallaties,alarminstallaties en beveiligingstoestellen,domotica,airconditioningstoestellen en allerlei luchtbehandelingsinstallaties;
- Het plaatsen van tussenwanden en plafonds van gipsplaten,hout,kunststof of metaal;
- Isolatiewerkzaamheden aan verwarmingsleidingen en leidingen van koelsystemen;
- Import,export,aan-en verkoop,plaatsing en herstelling van alle soorten conventionele en alternatieve energiesystemen,zoals onder meer zonne-energie,windenergie,en dergelijke en alle ermee verband houdende toebehoren en onderdelen,in al zijn directe en indirecte facetten alsook levering en plaatsing van periferische apparatuur;
- Aankoop-verkoop/verhuur van fietsen.
- Het verlenen van management,en dit algemeen,financieel,administratief,economisch,juridisch of anderszins;
- Het adviseren op gebied van management,en dit algemeen,financieel,administratief,economisch,juridisch of anderszins;
- Het vervullen van mandaten in en voeren van directie,beheer en bestuur over vennootschappen en/of ondernemingen,ongeacht hun aard of doel;
- Het nemen van participaties in andere vennootschappen en/of ondernemingen,ongeacht hun aard of voorwerp;
- Het beleggen van gelden in andere vennootschappen en/of ondernemingen,ongeacht hun aard of voorwerp;
- Het beleggen van gelden in onroerende en roerende goederen,rechten en/of waarden;
- Het aankopen,verkopen,opschikken,uitrusten,valoriseren,bouwen,verhuren,onderverhuren of in huur nemen van onroerende goederen en/of zakelijke rechten,al dan niet gemeubeld;
- Het administratief opvolgen en beheer van bestanden en archieven;
- Het begeleiden van kleine,middelgrote en grote ondernemingen en/of vennootschappen,in de meest ruime zin;
- Tussenpersoon in de handel;
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Koningin Astridlaan 48 registered office 2880 Bornem | 17-12-2024 | 2.367.407.140 |
Buildings and parcels at the address
- Ground area
- 808 m²
- Buildings
- 103 m²
- Volume, LiDAR
- 572 m³
- Tallest building
- 9.8 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 12015B0117/00G007 | 808 m² | 1 · 103 m² | 9.8 m · 2 |
Contact
E-mail
sim.tech@outlook.be
Invoicing and payment
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. Use the enterprise number 1017.495.158