SIMA TOURS
ActiveSIMA TOURS has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €398k and a net result of €15k. Equity is growing by ~30.7% per year across the filed fiscal years. Its solvency ranks better than 35% of 252 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability19▼-53
Solvency35▲+4
Growth78=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity tight (current ratio 1.19 against 1.34 in 2024), and 77.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 79
Relative position
BE, all sectors
reference
Sector 79
higher
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
22.3%
Return on assets
0.8%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-08-2026, 22 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
22 d late
2024
9 d early
2023
7 d early
2022
on the day
2021
31 d late
2020
18 d late
2019
90 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€398k▲ 4.0%
2024 · €383k
2018: €98k
2019: €111k
2020: €55k
2021: €92k
2022: €222k
2023: €328k
2024: €383k
2018 → 2025
Total assets
€1.79M▼ 12.5%
2024 · €2.04M
2018: €1.17M
2019: €1.10M
2020: €1.09M
2021: €1.16M
2022: €1.40M
2023: €1.52M
2024: €2.04M
2018 → 2025
Net result
€15k▼ 72.7%
2024 · €56k
2018: €-11k
2019: €13k
2020: €-56k
2021: €-63k
2022: €130k
2023: €106k
2024: €56k
2018 → 2025
Working capital
€212k▼ 49.0%
2024 · €416k
2018: €236k
2019: €148k
2020: €-79k
2021: €-32k
2022: €253k
2023: €215k
2024: €416k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€92k-€222k▲ 141%€328k▲ 47.6%€383k▲ 17.0%€398k▲ 4.0%
Operating result€-57k-€137k€112k▼ 18.1%€82k▼ 26.8%€43k▼ 47.2%
Net result€-63k-€130k€106k▼ 18.7%€56k▼ 47.4%€15k▼ 72.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 47% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.79M
Fixed assets
€470k▲ 12.2%
Current assets
€1.32M▼ 18.9%
Equity and liabilities €1.79M
Equity
€398k▲ 4.0%
Debt
€1.39M▼ 16.3%
The debt ratio falls from 81.3% to 77.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€44k▼
2024 · €95k
Cash flow
€16k▼
2024 · €68k
Solvency
22.3%▲
2024 · 18.7%
Current ratio
1.19▼
2024 · 1.34
Quick ratio
1.19▼
2024 · 1.34
Debt / equity
3.49▼
2024 · 4.33
ROE
3.8%▼
2024 · 14.5%
ROA
0.8%▼
2024 · 2.7%
Interest coverage
2.76▼
2024 · 9.51
Debt
€1.39M▼
2024 · €1.66M
Debt ≤ 1 year
€1.11M▼
2024 · €1.21M
Debt > 1 year
€187k▼
2024 · €188k
Income taxes
€16k▼
2024 · €20k
Staff costs
€159k▲
2024 · €136k
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€2.04M€1.79M▼
Fixed assets21/28€419k€470k▲
Tangible fixed assets22/27€419k€470k▲
Plant, machinery and equipment23€131-
Furniture and vehicles24€2k€53k▲
Other tangible fixed assets26€417k€417k=
Current assets29/58€1.63M€1.32M▼
Amounts receivable within one year40/41€574k€297k▼
Trade receivables40€470k€203k▼
Other amounts receivable41€105k€95k▼
Cash at bank and in hand54/58€255k€322k▲
Deferred charges and accrued income490/1€796k€699k▼
Equity and liabilities
Total equity and liabilities10/49€2.04M€1.79M▼
Equity10/15€383k€398k▲
Contributions10/11€134k€134k=
Reserves13€249k€265k▲
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Tax-exempt reserves132€19k€19k=
Distributable reserves133€227k€242k▲
Amounts payable17/49€1.66M€1.39M▼
Amounts payable after more than one year17€188k€187k▼
Financial debts170/4€188k€187k▼
Amounts payable within one year42/48€1.21M€1.11M▼
Current portion of amounts payable after more than one year42€18k€33k▲
Financial debts43€46k€23k▼
Credit institutions430/8€46k€23k▼
Trade debts44€542k€402k▼
Suppliers440/4€542k€402k▼
Advances received on contracts in progress46€587k€619k▲
Taxes, remuneration and social security45€16k€29k▲
Taxes450/3-€10k
Remuneration and social security454/9€16k€19k▲
Accrued charges and deferred income492/3€263k€96k▼
Income statement
Code20242025
Remuneration, social security and pensions62€136k€159k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€604▼
Other operating charges640/8€2k€1k▼
Gross operating margin9900€234k€204k▼
Operating profit (loss)9901€82k€43k▼
Financial income75/76B€3k€3k▲
Recurring financial income75€3k€3k▲
Financial charges65/66B€10k€16k▲
Recurring financial charges65€10k€16k▲
Profit (loss) for the period before taxes9903€75k€31k▼
Income taxes67/77€20k€16k▼
Profit (loss) for the period9904€56k€15k▼
Profit (loss) for the period to be appropriated9905€56k€15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€56k€15k▼
Transfer to equity691/2€56k€15k▼
To other reserves6921€56k€15k▼
Social balance
Average headcount (FTE)90872.42.4=
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 22 days late
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €130k
Net result €130k after 2 loss-making years.
31-12
Financial
Equity above €200kEq €222k ▲141%
Equity rises from €92k to €222k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €-63k
Net result drops to €-63k, the lowest in the series; recovery starts the following year.
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 18 days late
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 90 days late
2019
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
31-12
Financial
Equity above €100kEq €111k ▲13.2%
Equity rises from €98k to €111k.
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 22 days late
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-07
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, Lichtervelde · 1 establishment unit since 1993
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.
Industrielaan 88810 LichterveldeGround area
4,133 m²
Building footprint
775 m²
Parcel 36011E0641/00E000, Flanders. Linked by address, not a title deed.
1 establishment unit
SIMA TOURS
since 19932.060.911.389
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36011E0641/00E000 | Flanders | 4,133 m² | 1 · 775 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 27,004 EUR awarded · 27,004 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 27,004 EUR | 27,004 EUR |
Schemes
Globalisatiemechanisme (stopgezet)
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Max Time To Reconnect
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Of 1,438 companies in sector 79110 we hold annual accounts for 880. 680 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-12-1992
Fiscal year end31-12
Activities, NACEBEL
79110Travel agency activities
49320Non-scheduled passenger transport by road
49390Land transport and transport via pipelines
60230
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.