SIM'Z
ActiveSummary
SIM'Z has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€143,498) and a net result of -€12,503. Equity is shrinking by ~10.9% per year across the filed fiscal years. Its solvency ranks better than 5% of 31942 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability14▼-86
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.66 against 0.02 in 2024; short-term debt: 139.8% and cash: 1.4% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-39.8%
Return on assets
-3.5%
Age of the figures
18 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€143,498
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 05-10-2025, 26 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
26 d early
2024
5 d early
2023
22 d early
2022
15 d late
2021
67 d early
2020
87 d early
2019
14 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 29 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close28-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€143,498▼ 9.5%
2024 · -€130,995
Total assets
€360,528▲ 4,861%
2024 · €7,268
Net result
-€12,503
2024 · €23,351
Working capital
-€173,001▼ 28.2%
2024 · -€134,995
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€64,469-€39,255-€47,183▼ 20.2%€18,905-€25,355
Net result€58,774within the sector's middle half-€47,884below the sector's middle half-€50,550below the sector's middle half▼ 5.6%€23,351within the sector's middle half-€12,503below the sector's middle half
Equity-€55,912below the sector's middle half▲ 51.2%-€103,796below the sector's middle half▼ 85.6%-€154,346below the sector's middle half▼ 48.7%-€130,995below the sector's middle half▲ 15.1%-€143,498below the sector's middle half▼ 9.5%
Total assets€105,625below the sector's middle half▲ 6.3%€70,685below the sector's middle half▼ 33.1%€49,253below the sector's middle half▼ 30.3%€7,268below the sector's middle half▼ 85.2%€360,528within the sector's middle half▲ 4,861%
Debt€161,537▼ 24.5%€174,481▲ 8.0%€203,599▲ 16.7%€138,263▼ 32.1%€504,026▲ 265%
Working capital-€30,680within the sector's middle half▲ 71.3%-€76,596below the sector's middle half▼ 150%-€129,217below the sector's middle half▼ 68.7%-€134,995below the sector's middle half▼ 4.5%-€173,001below the sector's middle half▼ 28.2%
Solvency-52.9%below the sector's middle half▲ 62.4pp-146.8%below the sector's middle half▼ 93.9pp-313.4%below the sector's middle half▼ 166.5pp-39.8%below the sector's middle half
Current ratio0.58below the sector's middle half▲ 0.480.27below the sector's middle half▼ 0.310.14below the sector's middle half▼ 0.120.02below the sector's middle half▼ 0.130.66below the sector's middle half▲ 0.64
Return on assets (ROA)55.6%above the sector's middle half▲ 80.7pp-67.7%below the sector's middle half▼ 123.4pp-102.6%below the sector's middle half▼ 34.9pp321.3%above the sector's middle half▲ 423.9pp-3.5%below the sector's middle half▼ 324.8pp
Staff (FTE)5.1within the sector's middle half▼ 42.0%5.8above the sector's middle half▲ 13.7%7.8above the sector's middle half▲ 34.5%
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €25,355 after €18,905 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €360,528
Fixed assets
€29,503 ▲ 490%
Current assets
€331,025 ▲ 14,498%
Key figures and ratios
EBITDA
-€24,075
Cash flow
-€11,222
Debt to equity
-3.51▼
2024 · -1.06
Interest coverage
-204.39
Debt ≤ 1 year
€504,026▲
2024 · €137,263
Debt > 1 year
€0▼
2024 · €1,000
Income taxes
€489▲
2024 · €481
Staff costs
-€12▲
2024 · -€4,713
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,799 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- negative equity
- a small loss
1.9%
went bankrupt
5.9%
stopped otherwise
90%
still going
A further 2.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 2,799 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €3,605 | €1,946 | ▼ 46.0% |
| Remuneration, social security and pensions62 | - | €104,719 | €144,214 | -€4,713 | -€12 | ▲ 99.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23,320 | €21,503 | €21,863 | - | €1,280 | - |
| Other operating charges640/8 | - | €1,617 | €1,816 | €3,264 | €1,181 | ▼ 63.8% |
| Gross operating margin9900 | €140,605 | €88,584 | €120,710 | €17,456 | -€22,906 | ▼ 231% |
| Operating profit (loss)9901 | €64,469 | -€39,255 | -€47,183 | €18,905 | -€25,355 | ▼ 234% |
| Financial income75/76B | - | €31 | €15 | €5,012 | €13,460 | ▲ 169% |
| Recurring financial income75 | €13 | €31 | €15 | €12 | €13,460 | ▲ 111,414% |
| Non-recurring financial income76B | - | - | - | €5,000 | €0 | ▼ 100% |
| Financial charges65/66B | - | €4,720 | €2,997 | €85 | €118 | ▲ 38.7% |
| Recurring financial charges65 | €3,729 | €4,720 | €2,997 | €85 | €118 | ▲ 38.7% |
| Profit (loss) for the period before taxes9903 | €59,158 | -€43,944 | -€50,165 | €23,832 | -€12,013 | ▼ 150% |
| Income taxes67/77 | €384 | €3,940 | €385 | €481 | €489 | ▲ 1.7% |
| Profit (loss) for the period9904 | €58,774 | -€47,884 | -€50,550 | €23,351 | -€12,503 | ▼ 154% |
| Transfer from tax-exempt reserves789 | - | €32,400 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €58,774 | -€15,484 | -€50,550 | €23,351 | -€12,503 | ▼ 154% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €105,625 | €70,685 | €49,253 | €7,268 | €360,528 | ▲ 4,861% |
| Fixed assets21/28 | €63,102 | €42,667 | €27,394 | €5,000 | €29,503 | ▲ 490% |
| Tangible fixed assets22/27 | €63,102 | €42,667 | €27,394 | €0 | €24,503 | - |
| Plant, machinery and equipment23 | - | €1,813 | €3,472 | €0 | - | - |
| Furniture and vehicles24 | - | - | - | - | €24,503 | - |
| Other tangible fixed assets26 | - | €40,854 | €23,922 | €0 | - | - |
| Financial fixed assets28 | - | - | - | €5,000 | €5,000 | = |
| Current assets29/58 | €42,523 | €28,018 | €21,859 | €2,268 | €331,025 | ▲ 14,498% |
| Amounts receivable after more than one year29 | - | - | - | - | €305,759 | - |
| Other amounts receivable291 | - | - | - | - | €305,759 | - |
| Stocks and contracts in progress3 | €5,950 | €5,950 | €5,950 | €0 | - | - |
| Stocks30/36 | - | €5,950 | €5,950 | €0 | - | - |
| Amounts receivable within one year40/41 | €19,265 | €5,266 | €4,465 | €1,157 | €6,370 | ▲ 451% |
| Trade receivables40 | - | €4,369 | €4,465 | €0 | €2,443 | - |
| Other amounts receivable41 | - | €897 | - | €1,157 | €3,927 | ▲ 239% |
| Cash at bank and in hand54/58 | €15,201 | €14,945 | €9,630 | €580 | €4,876 | ▲ 741% |
| Deferred charges and accrued income490/1 | - | €1,857 | €1,814 | €531 | €14,020 | ▲ 2,540% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €105,625 | €70,685 | €49,253 | €7,268 | €360,528 | ▲ 4,861% |
| Equity10/15 | -€55,912 | -€103,796 | -€154,346 | -€130,995 | -€143,498 | ▼ 9.5% |
| Contributions10/11 | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €34,400 | €2,000 | €2,000 | €2,000 | €0 | ▼ 100% |
| Non-distributable reserves130/1 | - | €2,000 | €2,000 | €2,000 | €0 | ▼ 100% |
| Reserves not available under the articles1311 | - | €2,000 | €2,000 | €2,000 | €0 | ▼ 100% |
| Profit (loss) carried forward14 | -€110,312 | -€125,796 | -€176,346 | -€152,995 | -€163,498 | ▼ 6.9% |
| Amounts payable17/49 | €161,537 | €174,481 | €203,599 | €138,263 | €504,026 | ▲ 265% |
| Amounts payable after more than one year17 | €88,334 | €69,519 | €50,175 | €1,000 | €0 | ▼ 100% |
| Financial debts170/4 | - | €54,519 | €35,175 | €0 | - | - |
| Other amounts payable178/9 | - | €15,000 | €15,000 | €1,000 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €73,203 | €104,614 | €151,076 | €137,263 | €504,026 | ▲ 267% |
| Current portion of amounts payable after more than one year42 | - | €18,815 | €19,343 | €0 | - | - |
| Trade debts44 | €44,059 | €55,608 | €44,613 | €1,573 | €6,128 | ▲ 290% |
| Suppliers440/4 | - | €55,608 | €44,613 | €1,573 | €6,128 | ▲ 290% |
| Taxes, remuneration and social security45 | - | €30,191 | €52,556 | €481 | €5,231 | ▲ 987% |
| Taxes450/3 | - | €11,757 | €16,573 | €481 | €3,482 | ▲ 624% |
| Remuneration and social security454/9 | - | €18,434 | €35,983 | €0 | €1,749 | - |
| Other amounts payable47/48 | - | - | €34,564 | €135,209 | €492,666 | ▲ 264% |
| Accrued charges and deferred income492/3 | - | €348 | €2,348 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €58,774 | -€47,884 | -€50,550 | €23,351 | -€12,503 | ▼ 154% |
| + Depreciation and write-downs630 | €23,320 | €21,503 | €21,863 | - | €1,280 | - |
| Operating cash flow (approximation) | €82,094 | -€26,381 | -€28,687 | €23,351 | -€11,222 | ▼ 148% |
| Investment in fixed assets (approximation) | - | -€1,068 | -€6,590 | €22,394 | -€25,783 | ▼ 215% |
| Change in cash | - | -€256 | -€5,315 | -€9,050 | €4,296 | ▲ 147% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
05-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
26-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Back to profitnet €23,351
Net result €23,351 after 2 loss-making years.
2023
09-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Weakest financial yearnet -€50,550
Net result drops to -€50,550, the lowest in the series; recovery starts the following year.
2022
15-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 15 days late
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial
Back to profitnet €58,774
Net result €58,774 after 2 loss-making years.
2020
05-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
17-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Knokke-Heist · 1 establishment unit since 2004
Ground area
234 m²
Building footprint
83 m²
Volume, LiDAR
491 m³
Parcel 31008A0102/00E005, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
SIM'Z
since 20042.135.984.837
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31008A0102/00E005 | Flanders | 234 m² | 1 · 83 m² | 10.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-03-2025 list no shareholders, and no other source names one.
Holdings 1
-
50%
According to the annual accounts to 31-03-2025 of SIM'Z and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 5,712 companies in sector 70100 we hold annual accounts for 3,518. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-03-2004
Fiscal year end31-03
Activities, NACEBEL 2025
70100Activities of head offices
55209Other holiday and short-stay accommodation
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID
0208:0863785790
Registered
14-04-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.