SiMa

Active

Private limited companyfounded 200619 yrs activeOude Putsebaan 30, 3140 Keerbergen, BelgiumKBO/BCE: BE 0885.155.187

The computed 12-month bankruptcy probability of SiMa is 1.6% (moderate). The 2025 annual accounts show negative equity (€-20k) and a net result of €28k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 27319 sector peers (fiscal year 2025). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

21 / 100

Critical▲ +3 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability0▼-34

Solvency41▲+1

Growth32=

Stability100

Bankruptcy probability, 12 months

1.6% Moderate

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.84 against 0.78 in 2024), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 41

Relative position

BE, all sectors

reference

Sector 41

higher

← fewer bankruptcies more bankruptcies →

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 27319 sector peers (2025).

NBB · sector comparison

Position among 27319 sector peers

Solvency

better than 9%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 09-02-2026, 80 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

80 d early

2024

5 d early

2023

82 d early

2022

3 d early

2021

5 d early

2020

39 d early

2019

41 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

12-09-2026 today30-09-2026 close30-04-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€-20k▲ 58.0%

2024 · €-49k

2018: €34k 2019: €34k 2020: €12k 2021: €13k 2022: €-59k 2023: €-45k 2024: €-49k

2018 → 2025

Total assets

€621k▼ 0.2%

2024 · €622k

2018: €686k 2019: €723k 2020: €600k 2021: €635k 2022: €615k 2023: €676k 2024: €622k

2018 → 2025

Net result

€28k

2024 · €-3k

2018: €49k 2019: €723 2020: €-23k 2021: €990 2022: €-71k 2023: €13k 2024: €-3k

2018 → 2025

Working capital

€-68k▲ 27.1%

2024 · €-93k

2018: €-139k 2019: €-130k 2020: €-23k 2021: €-35k 2022: €-134k 2023: €-72k 2024: €-93k

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€13k-€-59k€-45k▲ 22.9%€-49k▼ 7.3%€-20k▲ 58.0%

Operating result€11k-€-59k€26k€11k▼ 57.3%€44k▲ 305%

Net result€990-€-71k€13k€-3k€28k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result recovers in 2025; 2025 is 305% above 2024 and is the highest year so far.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €621k

40.8%

59.2%

Fixed assets €253k▼ 11.1%

Current assets €368k▲ 8.9%

Key figures and ratios

2025 value · change against 2024

EBITDA

€86k▲

2024 · €54k

Cash flow

€70k▲

2024 · €40k

Solvency

-3.3%▲

2024 · -7.8%

Current ratio

0.84▲

2024 · 0.78

Quick ratio

0.68▲

2024 · 0.56

Debt / equity

-31.47▼

2024 · -13.83

ROE

-138.0%▼

2024 · 6.8%

ROA

4.5%▲

2024 · -0.5%

Interest coverage

5.62▲

2024 · 3.56

Debt

€641k▼

2024 · €671k

Debt ≤ 1 year

€435k▲

2024 · €430k

Debt > 1 year

€206k▼

2024 · €240k

Income taxes

€4k▲

2024 · €717

Staff costs

€147k▲

2024 · €104k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€622k€621k▼

Fixed assets21/28€285k€253k▼

Tangible fixed assets22/27€284k€252k▼

Land and buildings22€175k€163k▼

Plant, machinery and equipment23€4k€11k▲

Furniture and vehicles24€32k€17k▼

Other tangible fixed assets26€72k€62k▼

Financial fixed assets28€720€720=

Current assets29/58€338k€368k▲

Stocks and contracts in progress3€99k€72k▼

Stocks30/36€99k€72k▼

Amounts receivable within one year40/41€193k€232k▲

Trade receivables40€94k€62k▼

Other amounts receivable41€99k€170k▲

Cash at bank and in hand54/58€37k€34k▼

Deferred charges and accrued income490/1€9k€30k▲

Equity and liabilities

Total equity and liabilities10/49€622k€621k▼

Equity10/15€-49k€-20k▲

Contributions10/11€6k€6k=

Reserves13€28k€28k=

Non-distributable reserves130/1€2k€2k=

Reserves not available under the articles1311€2k€2k=

Distributable reserves133€26k€26k=

Profit (loss) carried forward14€-83k€-55k▲

Amounts payable17/49€671k€641k▼

Amounts payable after more than one year17€240k€206k▼

Financial debts170/4€240k€206k▼

Amounts payable within one year42/48€430k€435k▲

Current portion of amounts payable after more than one year42€38k€34k▼

Financial debts43€140k€100k▼

Credit institutions430/8€140k€100k▼

Trade debts44€247k€292k▲

Suppliers440/4€247k€292k▲

Taxes, remuneration and social security45€6k€9k▲

Taxes450/3€6k€6k▲

Remuneration and social security454/9€204€2k▲

Income statement Code20242025

Non-recurring operating income76A€10k€14k▲

Remuneration, social security and pensions62€104k€147k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43k€42k▼

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€4k-

Other operating charges640/8€4k€3k▼

Non-recurring operating charges66A€171-

Gross operating margin9900€167k€236k▲

Operating profit (loss)9901€11k€44k▲

Financial income75/76B€2k€3k▲

Recurring financial income75€2k€3k▲

Financial charges65/66B€15k€15k▲

Recurring financial charges65€15k€15k▲

Profit (loss) for the period before taxes9903€-3k€33k▲

Income taxes67/77€717€4k▲

Profit (loss) for the period9904€-3k€28k▲

Profit (loss) for the period to be appropriated9905€-3k€28k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-83k€-55k▲

Profit (loss) brought forward from the previous period14P€-80k€-83k▼

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 14Financial 4Filings 10

Next filing, fiscal year 2026, expected by 30-04-2027

2026

09-02

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

30-09

Financial Back to profitnet €28k

Net result €28k after one loss-making year.

25-04

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

08-02

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

30-09

Financial Back to profitnet €13k

Net result €13k after one loss-making year.

27-04

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

30-09

Financial Weakest financial yearnet €-71k ▼7300%

Net result drops to €-71k, the lowest in the series; recovery starts the following year.

25-04

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

30-09

Financial Back to profitnet €990

Net result €990 after one loss-making year.

22-03

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

20-03

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

2019

21-03

NBB filing Annual accounts filed

fiscal year 2018 · micro schema

2018

22-03

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

2017

16-02

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.

Directors · office · real estate

Directors

2 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, Keerbergen · 4 establishment units since 2006

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Oude Putsebaan 303140 Keerbergen

Ground area

8,397 m²

Building footprint

403 m²

Volume, LiDAR

722 m³

4 parcels, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.

4 establishment units

SiMa

Bakestraat ., 3140 KeerbergenNACE 4542203

since 20062.157.731.940

Oude Putsebaan 30, 3140 Keerbergen

General construction of buildings

since 20142.274.690.679

Meiboomstraat 1, 2820 Bonheiden

General construction of buildings

since 20152.274.690.778

Tremelobaan 5, 3140 Keerbergen

Joinery installation

since 20172.274.690.877

4 parcels

Flanders 4 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
24472G0205/00P003	Flanders	2,852 m²	1 · 112 m²	10.4 m · 2 fl.
24048B0228/00V003	Flanders	2,217 m²	1 · 119 m²	2.5 m
24048C0079/00A000	Flanders	1,691 m²	-	-
12031B0627/00G000indicative	Flanders	1,636 m²	1 · 172 m²	-