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SIMAA

Active
Private limited companyfounded 2006active for 20 yearsThéodore Verhaegenstraat 3, 1060 Sint-Gillis (bij-Brussel), BelgiumKBO/BCE: BE 0881.720.595

From the official registers: KBO 20 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

SIMAA has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €79,138 and a net result of -€6,785. Equity has been growing by about 9.6% per year since 2018. Its solvency ranks better than 71% of 22,726 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Overview

Official details

KBO
Status
Active since 07-06-2006 Normal situation
Activity
Non-specialised retail sale with food, beverages or tobacco predominating NACE 47110
Establishment units
2.156.255.263 1060 Sint-Gillis (bij-Brussel), since 22-09-2006
2.289.708.853 1050 Elsene, since 01-05-2019
Financial year end
31 December
Peppol
Reachable since 19-12-2025

Board and ownership

Financial position

70 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Annual accounts 2025
Gross margin
€23,633
▼ 48.9%
Turnover
≈ €700,000
estimated
Loss
€6,785
Equity
€79,138
▼ 7.9%
Total assets
€138,217
▼ 16.0%
Staff
1 FTE
=
Filed on 28-08-2026, 28 days after the deadlineat the National Bank
Score breakdownraises riskLoss of €6,785 (financial year 2025)Sector: Retail trade (NACE 47)Liquidity: current ratio 2.53, cash €2,237, halvedlowers riskFounded in 2006Show the evidence

Checked score

Score 2025
70 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 40% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Average
Solvency 82+5
equity 57.3% of total assets
Liquidity 41-2
short-term debt 27.5% · cash 1.6%
Profitability 29-51
return on assets -4.9%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,270 companies, NACE 47, micro)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.6%▲ +0.2 percentage points vs 06-2025 08-2025: 1.0%▲ +0.4 percentage points vs 07-2025 09-2025: 1.2%▲ +0.2 percentage points vs 08-2025highest value 10-2025: 0.4%▼ -0.8 percentage points vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025lowest value 02-2026: 0.4%● unchanged vs 01-2026lowest value 03-2026: 0.4%● unchanged vs 02-2026lowest value 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 1.0%▲ +0.6 percentage points vs 07-2026 09-2026: 0.6%▼ -0.4 percentage points vs 08-2026 10-2026: 0.6%● unchanged vs 09-2026
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.53 (2.24 in 2024), above the usual 1.5. Short-term debt is 27.5% and cash 1.6% of total assets. 42.7% of the assets are financed with debt and provisions.
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 47, micro). It does better than 70% of them on solvency, 39% on liquidity, 25% on profitability and 28% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

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).

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 risk
lowers risk · Founded in 2006
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Loss of €6,785 (financial year 2025)
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Liquidity: current ratio 2.53, cash €2,237, halved
NBB · annual accounts
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
28 days late
2024
29 days late
2023
15 days early
2022
3 days early
2021
13 days early
2020
22 days late
2019
21 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 10 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% 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. The company usually files around 28 July (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

Financials · financial year 2025, micro format

2025 annual accounts filed 28 days after the deadline Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00489212.

Annual accounts 2025 filed on 28-08-2026 at the NBB all 20 filings

Turnover
≈ €700,000
Estimated: probably between €360,000 and €1.2m
Total assets
€138,217▼ 16.0%
2024 · €164,517
Net result
-€6,785
2024 · €14,850
Working capital
€58,401▼ 11.2%
2024 · €65,783
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result for 2025 is a loss of €3,010, after a profit of €20,910 in 2024. It is the lowest result since 2021.

Operating result-€3,010 2025 Net result-€6,785 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€7,295-€13,396▲ 83.6%€18,710▲ 39.7%€16,159▼ 13.6%€13,174▼ 18.5%€15,982▲ 21.3%€20,910▲ 30.8%-€3,010
Net result€5,425-€9,240▲ 70.3%€12,757within the sector's middle half▲ 38.1%€10,995within the sector's middle half▼ 13.8%€7,294within the sector's middle half▼ 33.7%€10,297within the sector's middle half▲ 41.2%€14,850within the sector's middle half▲ 44.2%-€6,785below the sector's middle half
Equity€39,490-€48,730▲ 23.4%€61,486within the sector's middle half▲ 26.2%€66,482within the sector's middle half▲ 8.1%€70,775within the sector's middle half▲ 6.5%€76,072within the sector's middle half▲ 7.5%€85,923within the sector's middle half▲ 12.9%€79,138within the sector's middle half▼ 7.9%
Total assets€43,377-€79,609▲ 83.5%€89,045within the sector's middle half▲ 11.9%€106,931within the sector's middle half▲ 20.1%€101,780within the sector's middle half▼ 4.8%€117,868within the sector's middle half▲ 15.8%€164,517within the sector's middle half▲ 39.6%€138,217within the sector's middle half▼ 16.0%
Debt€3,887-€30,879▲ 694%€27,558▼ 10.8%€40,450▲ 46.8%€31,005▼ 23.3%€41,795▲ 34.8%€78,594▲ 88.0%€59,079▼ 24.8%
Working capital€34,726-€38,132▲ 9.8%€48,336within the sector's middle half▲ 26.8%€51,940within the sector's middle half▲ 7.5%€53,377within the sector's middle half▲ 2.8%€59,262within the sector's middle half▲ 11.0%€65,783within the sector's middle half▲ 11.0%€58,401within the sector's middle half▼ 11.2%
Solvency91.0%-61.2%▼ 29.8pp69.1%above the sector's middle half▲ 7.8pp62.2%above the sector's middle half▼ 6.9pp69.5%above the sector's middle half▲ 7.4pp64.5%above the sector's middle half▼ 5.0pp52.2%within the sector's middle half▼ 12.3pp57.3%within the sector's middle half▲ 5.0pp
Current ratio9.93-4.81▼ 5.134.83above the sector's middle half▲ 0.022.71within the sector's middle half▼ 2.112.97above the sector's middle half▲ 0.262.46within the sector's middle half▼ 0.512.24within the sector's middle half▼ 0.222.53within the sector's middle half▲ 0.30
Return on assets (ROA)12.5%-11.6%▼ 0.9pp14.3%within the sector's middle half▲ 2.7pp10.3%within the sector's middle half▼ 4.0pp7.2%within the sector's middle half▼ 3.1pp8.7%within the sector's middle half▲ 1.6pp9.0%within the sector's middle half▲ 0.3pp-4.9%below the sector's middle half▼ 13.9pp
Staff (FTE)0.311=1=
above within below The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 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.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €138,217
Fixed assets €41,758 ▼ 8.4%
Current assets €96,459 ▼ 18.9%
Equity and liabilities €138,217
Equity €79,138 ▼ 7.9%
Debt €59,079 ▼ 24.8%
Debt's share of the balance-sheet total falls from 47.8% to 42.7%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€6,633▼
2024 · €24,603
Cash flow
€2,858▼
2024 · €18,543
Quick ratio
0.16▼
2024 · 0.64
Debt to equity
0.75▼
2024 · 0.91
ROE
-8.6%▼
2024 · 17.3%
Interest coverage
2.01▼
2024 · 11.39
Debt ≤ 1 year
€38,058▼
2024 · €53,124
Debt > 1 year
€19,321▼
2024 · €25,470
Income taxes
€472▼
2024 · €3,900
Staff costs
€16,068▲
2024 · €15,263
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as SIMAA: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €119,000 and €156,000, founded between 2005 and 2007.

CompanyFoundedTotal assetsEquityGross marginTurnoverNet resultFinancial year
SIMAA Sint-Gillis (bij-Brussel)2006€138,217€79,138€23,633--€6,7852025
WINE IN THE CITY Jette2006€132,404-€42,159€20,214--€83,5972025
S.M. ALAN Brussel2005€118,598€38,993€26,342€187,922€10,6712025
MESOPOTAMIE 2005 Liège2005€154,314€82,747€25,471€280,570€8512025
Z2A Antwerpen2007€125,869-€26,983€24,148€254,071€14,9912025
S&S FOOD Halen2006€156,469€154,513€27,021-€2,6492025
ADEL BROTHERS Sint-Niklaas2006€124,404€82,885€28,162-€5,6482025

They were chosen from the 5,985 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 12,322 companies had the same profile as SIMAA has now. Two years later, 0.7% had gone bankrupt and 90.3% were still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.7% went bankrupt
8.6% stopped otherwise
90.3% was still going

Another 0.5% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of SIMAA itself: 0.6% within 12 months.

Test of the method

The method was tested on the 497,445 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 12,322 companies, not a prediction for SIMAA. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines

Source: Annual accounts 2025 at the NBB, filed on 28-08-2026.

Balance sheet Code20242025
Assets
Total assets20/58€164,517€138,217▼
Fixed assets21/28€45,609€41,758▼
Intangible fixed assets21€12,000€9,000▼
Tangible fixed assets22/27€30,940€30,089▼
Furniture and vehicles24€30,940€24,682▼
Other tangible fixed assets26-€5,407
Financial fixed assets28€2,669€2,669=
Current assets29/58€118,908€96,459▼
Stocks and contracts in progress3€84,757€90,274▲
Stocks30/36€84,757€90,274▲
Amounts receivable within one year40/41€23,696€3,370▼
Trade receivables40€21,578€291▼
Other amounts receivable41€2,118€3,079▲
Cash at bank and in hand54/58€9,238€2,237▼
Deferred charges and accrued income490/1€1,217€579▼
Equity and liabilities
Total equity and liabilities10/49€164,517€138,217▼
Equity10/15€85,923€79,138▼
Contributions10/11€13,700€13,700=
Reserves13€1,900€1,900=
Non-distributable reserves130/1€1,900€1,900=
Reserves not available under the articles1311€1,900€1,900=
Profit (loss) carried forward14€70,323€63,538▼
Amounts payable17/49€78,594€59,079▼
Amounts payable after more than one year17€25,470€19,321▼
Financial debts170/4€25,470€19,321▼
Amounts payable within one year42/48€53,124€38,058▼
Current portion of amounts payable after more than one year42€5,920€6,148▲
Trade debts44€26,655€37▼
Suppliers440/4€26,655€37▼
Taxes, remuneration and social security45€15,550€4,693▼
Taxes450/3€8,224-
Remuneration and social security454/9€7,326€4,693▼
Other amounts payable47/48€5,000€27,179▲
Accrued charges and deferred income492/3-€1,700
Income statement Code20242025
Remuneration, social security and pensions62€15,263€16,068▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,693€9,643▲
Other operating charges640/8€6,411€932▼
Gross operating margin9900€46,278€23,633▼
Operating profit (loss)9901€20,910-€3,010▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€2,160€3,303▲
Recurring financial charges65€2,160€3,303▲
Profit (loss) for the period before taxes9903€18,750-€6,312▼
Income taxes67/77€3,900€472▼
Profit (loss) for the period9904€14,850-€6,785▼
Profit (loss) for the period to be appropriated9905€14,850-€6,785▼
Appropriation of the result
Profit (loss) to be appropriated9906€75,323€63,538▼
Profit (loss) brought forward from the previous period14P€60,472€70,323▲
Profit to be distributed694/7€5,000-
Directors or managers695€5,000-

The notes to these accounts have 10 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.

Line20182019202020212022202320242025Change
Remuneration, social security and pensions62---€13,399€13,860€14,973€15,263€16,068▲ 5.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€662€3,387€3,387€3,387€3,342€3,342€3,693€9,643▲ 161%
Other operating charges640/8---€1,250€3,215€1,709€6,411€932▼ 85.5%
Gross operating margin9900€8,469€23,498€33,892€34,195€33,590€36,006€46,278€23,633▼ 48.9%
Operating profit (loss)9901€7,295€13,396€18,710€16,159€13,174€15,982€20,910-€3,010-
Financial income75/76B----€11--€0-
Recurring financial income75-€3--€11--€0-
Financial charges65/66B---€1,202€1,285€948€2,160€3,303▲ 52.9%
Recurring financial charges65€160€1,213€968€1,202€1,285€948€2,160€3,303▲ 52.9%
Profit (loss) for the period before taxes9903€7,134€12,186€17,742€14,958€11,899€15,034€18,750-€6,312-
Income taxes67/77€1,710€2,946€4,985€3,962€4,605€4,737€3,900€472▼ 87.9%
Profit (loss) for the period9904€5,425€9,240€12,757€10,995€7,294€10,297€14,850-€6,785-
Profit (loss) for the period to be appropriated9905€5,425€9,240€12,757€10,995€7,294€10,297€14,850-€6,785-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€43,377€79,609€89,045€106,931€101,780€117,868€164,517€138,217▼ 16.0%
Fixed assets21/28€4,764€31,467€28,080€24,693€21,352€18,010€45,609€41,758▼ 8.4%
Intangible fixed assets21-€27,000€24,000€21,000€18,000€15,000€12,000€9,000▼ 25.0%
Tangible fixed assets22/27€2,185€1,798€1,411€1,025€683€342€30,940€30,089▼ 2.8%
Furniture and vehicles24------€30,940€24,682▼ 20.2%
Other tangible fixed assets26---€1,025€683€342-€5,407-
Financial fixed assets28€2,579€2,669€2,669€2,669€2,669€2,669€2,669€2,669=
Current assets29/58€38,613€48,141€60,965€82,238€80,428€99,857€118,908€96,459▼ 18.9%
Stocks and contracts in progress3€25,262€28,384€37,518€50,839€58,762€79,939€84,757€90,274▲ 6.5%
Stocks30/36---€50,839€58,762€79,939€84,757€90,274▲ 6.5%
Amounts receivable within one year40/41€10,395€16,182€20,233€29,770€17,534€15,330€23,696€3,370▼ 85.8%
Trade receivables40---€14,198€1,000€10,864€21,578€291▼ 98.7%
Other amounts receivable41---€15,572€16,534€4,466€2,118€3,079▲ 45.3%
Cash at bank and in hand54/58€2,955€3,575€2,601€962€3,252€3,144€9,238€2,237▼ 75.8%
Deferred charges and accrued income490/1---€667€881€1,444€1,217€579▼ 52.5%
Equity and liabilities
Total equity and liabilities10/49€43,377€79,609€89,045€106,931€101,780€117,868€164,517€138,217▼ 16.0%
Equity10/15€39,490€48,730€61,486€66,482€70,775€76,072€85,923€79,138▼ 7.9%
Contributions10/11€13,700€13,700-€13,700€13,700€13,700€13,700€13,700=
Reserves13€1,900€1,900€1,900€1,900€1,900€1,900€1,900€1,900=
Non-distributable reserves130/1---€1,900€1,900€1,900€1,900€1,900=
Reserves not available under the articles1311---€1,900€1,900€1,900€1,900€1,900=
Profit (loss) carried forward14€23,890€33,130€45,886€50,882€55,175€60,472€70,323€63,538▼ 9.6%
Amounts payable17/49€3,887€30,879€27,558€40,450€31,005€41,795€78,594€59,079▼ 24.8%
Amounts payable after more than one year17-€20,870€14,930€8,852€2,634-€25,470€19,321▼ 24.1%
Financial debts170/4---€8,852€2,634-€25,470€19,321▼ 24.1%
Amounts payable within one year42/48€3,887€10,009€12,629€30,297€27,051€40,595€53,124€38,058▼ 28.4%
Current portion of amounts payable after more than one year42---€6,078€6,219€2,634€5,920€6,148▲ 3.9%
Trade debts44€1,303€547€337€12,350€6,238€15,228€26,655€37▼ 99.9%
Suppliers440/4---€12,350€6,238€15,228€26,655€37▼ 99.9%
Taxes, remuneration and social security45---€5,870€11,595€17,733€15,550€4,693▼ 69.8%
Taxes450/3---€3,743€6,336€8,885€8,224--
Remuneration and social security454/9---€2,127€5,258€8,848€7,326€4,693▼ 35.9%
Other amounts payable47/48---€6,000€3,000€5,000€5,000€27,179▲ 444%
Accrued charges and deferred income492/3---€1,300€1,320€1,200-€1,700-
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€5,425€9,240€12,757€10,995€7,294€10,297€14,850-€6,785-
+ Depreciation and write-downs630€662€3,387€3,387€3,387€3,342€3,342€3,693€9,643▲ 161%
Operating cash flow (approximation)€6,086€12,626€16,144€14,382€10,635€13,639€18,543€2,858▼ 84.6%
Investment in fixed assets (approximation)--€30,090€0€0€0€0-€31,292-€5,792▲ 81.5%
Change in cash-€620-€974-€1,640€2,290-€108€6,093-€7,000-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 20 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 28-08-2026 2026-00489212 NBB
31-12-2024 micro format 29-08-2025 2025-00467597 PDF
31-12-2023 micro format 16-07-2024 2024-00261621 PDF
31-12-2022 micro format 28-07-2023 2023-00302665 PDF
31-12-2021 micro format 18-07-2022 2022-20201864 PDF
31-12-2020 micro format 22-08-2021 2021-51600025 PDF
31-12-2019 micro format 21-08-2020 2020-43100257 PDF
31-12-2018 micro format 23-08-2019 2019-51200252 PDF
31-12-2017 micro format 27-07-2018 2018-40600026 PDF
31-12-2016 micro format 17-07-2017 2017-31900013 PDF

Show all 20 filings

Board & ownership

Directors

Directors
2 directors, last change in 2024
ASIFI Mohammad Zaher
Director (not named in the articles) · appointed in the act of 23-02-2024
Current
ASIFI Mohammed Sabir
Director (not named in the articles) · appointed in the act of 23-02-2024
Current

Owners and capital

Capital transactions

Capital over time
  1. 23-02-2024 Converted to unavailable equity

Mandate history

2 people, 2 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
ASIFI Mohammad Zaher
  • Manager, until 23-02-2024
  • Director (not named in the articles), appointed in the act of 23-02-2024, still in office
ASIFI Mohammed Sabir
  • Manager, until 23-02-2024
  • Director (not named in the articles), appointed in the act of 23-02-2024, still in office
See the board, name and registered office on a given date →

Articles of association

Board and representation

Board ruleThese rules set how the board is made up, meets and takes decisions.
“Assemblée qui nomme, avec ou sans limitation de durée”
“Assemblée générale, frais de représentation voyages et déplacements”

Capital, shares and profit

Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
“100, droit égal dans la répartition des bénéfices et des produits de la liquidation”
“Nominatives avec numéro d’ordre, inscrites dans registre des actions nominatives avec mentions requises par Code des sociétés et des…”
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Moitié cédant et moitié acquéreurs au prorata si plusieurs, entre vifs ou pour cause de mort”
Share issue ruleThe articles set how and by whom new shares are issued.
“Apport en numéraire avec émission de nouvelles actions, courrier électronique,ou courrier ordinaire pour personnes sans adresse…”

Audit, dissolution and liquidation

Dissolution ruleThe articles set when and by whom the company can be dissolved.
“Modifications aux statuts, assemblée générale”
Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“Si aucun autre liquidateur désigné, désigner liquidateurs déterminer pouvoirs et émoluments”

Articles of association, deed of 23-02-2024 (in French)

Network & group

SIMAA shares no director with another company.

Connections & network

2 current directors
Depth

The network starts from the directors of SIMAA. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
28-08
NBB filing Annual accounts filedNBB
financial year 2025 · micro format · 28 days late
2025
31-12
Financial Weakest financial yearnet -€6,785
The net result drops to -€6,785, the lowest from 2018 to 2025.
29-08
NBB filing Annual accounts filedPDF
financial year 2024 · micro format · 29 days late
2024
31-12
Financial Highest result from 2018 to 2025net €14,850 ▲44.2%
The operating result of €20,910 and the net result of €14,850 are both a record.
16-07
NBB filing Annual accounts filedPDF
financial year 2023 · micro format
23-02
Gazette deed Resignations: ASIFI Mohammad Zaher (manager) and ASIFI Mohammed Sabir (manager)
Appointments: ASIFI Mohammad Zaher (director) and ASIFI Mohammed Sabir (director) · Director discharge · Amendment of the articles10 points ▸
  • Director resignation, ASIFI Mohammad Zaher (manager)
  • Director resignation, ASIFI Mohammed Sabir (manager)
  • Director appointment, ASIFI Mohammad Zaher (director (not named in the articles))
  • Director appointment, ASIFI Mohammed Sabir (director (not named in the articles))
  • Director discharge, ASIFI Mohammad Zaher
  • Director discharge, ASIFI Mohammed Sabir
  • General meeting, 16-02-2024
  • Other provision, “inscription au Registre des Personnes Morales”, 0881.720.595 (deed in French)
  • Amendment of the articles, mentioned 2 times in the deed
  • Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)

Open the act in the Belgian Official Gazette

2023
28-07
NBB filing Annual accounts filedPDF
financial year 2022 · micro format
2022
18-07
NBB filing Annual accounts filedPDF
financial year 2021 · micro format
2021
22-08
NBB filing Annual accounts filedPDF
financial year 2020 · micro format · 22 days late
2020
21-08
NBB filing Annual accounts filedPDF
financial year 2019 · micro format · 21 days late
2019
23-08
NBB filing Annual accounts filedPDF
financial year 2018 · micro format · 23 days late
2018
27-07
NBB filing Annual accounts filedPDF
financial year 2017 · micro format
2017
17-07
NBB filing Annual accounts filedPDF
financial year 2016 · micro format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

SIMAA was incorporated on 7 June 2006.1 Total assets rose from €43,377 in 2018 to €138,217 in 2025 and headcount from 0.3 full-time equivalents in 2019 to 1 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018, 2019 and 2025

Company details

Register details

Identity

KBO record
Name SIMAA in French
Enterprise number 0881.720.595
Legal form Private limited company
Status Active, normale toestand
Founded 07-06-2006
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 23-02-2024 (in French)
Name clauseThe company operates under this name according to its articles.
SIMAA
deed of 23-02-2024 (in French)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région de Bruxelles-Capitale, simple décision de l’organe d’administration”
deed of 23-02-2024 (in French)

Registered office and establishments

Registered office Théodore Verhaegenstraat 3, 1060 Sint-Gillis (bij-Brussel), Belgium
Establishments 2 establishment units since 2006

Activities

NACEBEL 2025
47110 Non-specialised retail sale with food, beverages or tobacco predominating main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Matériaux de construction,matériel électrique et électronique,sanitaire et de plomberie; Tous produits alimentaires tels que…”
25 activities
  1. Matériaux de construction,matériel électrique et électronique,sanitaire et de plomberie
  2. Tous produits alimentaires tels que fruits,légumes,conserves,produits laitiers,produits de la mer,poissons,boucherie,articles de ménage et articles cadeaux
  3. Tous textiles en générai,vêtements divers,chaussures,cordonnerie,serrurerie,maroquinerie dans le sens le plus large
  4. Tous produits de l’artisanat en général,tapisseries y compris les articles du tiers-monde
  5. Tous les articles de parfumerie,de toilette,cosmétiques,produits de beauté,maquillage ainsi que savons et détergents
  6. Tous les articles d'horticulture tels que fleurs,plantes,articles de jardinage,aménagement et entretien de jardins et de pépinières
  7. Tous livres,antiquités,brocantes,objets de décoration,machines industrielles
  8. Tous bijoux,orfèvrerie
  9. Tous appareils électroménagers,tous films de bandes magnétiques,DVD,cassettes,tous articles imprimés ou enregistrés permettant leur lecture vision ou audition,livres
  10. Tous matériaux de bureau et de l’informatique,téléphones,gsm,fax
  11. Tous véhicules neufs et d'occasion,ainsi que leurs pièces détachées
  12. Commerce ambulant
  13. Atelier de confection et de vente de vêtements traditionnels et artisanaux
  14. Cabines téléphoniques
  15. Atelier de fabrication de tous produits de boulangerie et de pâtisserie,de tous produits alimentaires et non alimentaires
  16. Librairie
  17. Tous snacks bars,brasseries,salon de consommation,hôtels,restaurants,tavernes,cafés,discothèques,buffets,vestiaires pour publics,locations de places,salles d’organisation,de banquet et service traiteur
  18. La messagerie,les services de fax,de cabines téléphoniques et de photocopies,night-shop,de laboratoire de développements photos,d’atelier de tournage,d’affûtage et de rectification de pièces mécaniques
  19. Une société de taxis,Car-Wash,station-service (tous carburants tels que mazout,diesel,gaz,..),garage avec atelier de réparation,entretien et dépannage
  20. Un salon de coiffure et produits de salon
  21. Entreprise générale de bâtiment,peinture,maçonnerie,électricité,toiture
  22. Fournir tous services ou prestations au profit de toutes clientèles privées ou commerciales
  23. Le nettoyage et l'entretien d’immeubles,le nettoyage de vitres et de bureaux,de petits travaux de bureau,services intérimaires,sous-traitance
  24. Marchés publics
  25. Transport de personnes et de marchandises

The full purpose is in the deed

deed of 23-02-2024 (in French)

Invoicing and payment

VAT number BE 0881.720.595
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0881720595
Other Peppol ID 9925:BE0881720595
Registered 19-12-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 1 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Monday of June at 18:00
deed of 23-02-2024 (in French)

Recognitions · licences · registrations

Food safety, FASFC

2 sites
Elseneunit number 2.289.708.853
1 permission
Authorisation · Detailhandel · since 20-06-2019
Sint-Gillisunit number 2.156.255.263
1 permission
Authorisation · Detailhandel · since 15-09-2009

Sites & property

Location
registered office establishment All 2 establishment units on the map
2 companies at this address See who is registered here
2 establishment units
SIMAA
Théodore Verhaegenstraat 3, 1060 Sint-Gillis (bij-Brussel)Non-specialised retail sale with food, beverages or tobacco predominating
since 2006unit number 2.156.255.263
SIMAA
Venetiëstraat 1, 1050 ElseneNon-specialised retail sale with food, beverages or tobacco predominating
since 2019unit number 2.289.708.853

Buildings and parcels at the addresses

Ground area
151 m²
Building footprint
200 m²
Building volume
2,336 m³
2 parcels, Brussels · tallest building 17.0 m.
2 parcels
Brussels 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
21442A0137/00G005 Brussels 88 m² 1 · 83 m² 16.2 m · 5
21562A0171/00T010 Brussels 63 m² 1 · 116 m² 17.0 m · 4