SIMAC TRADING
ActiveSIMAC TRADING has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €474k and a net result of €-24k. Equity is growing by ~13.7% per year across the filed fiscal years. Its solvency ranks better than 80% of 127 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability64▼-4
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 3.35 against 5.58 in 2024; short-term debt: 10.3% and cash: 13.7% of total assets), and 25.5% 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
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 22
Relative position
BE, all sectors
reference
Sector 22
higher
← fewer bankruptcies
more bankruptcies →
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
14 d early
2023
23 d late
2022
47 d early
2021
15 d late
2020
47 d early
2019
24 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€474k▼ 10.7%
2024 · €531k
2018: €220k
2019: €249k
2020: €312k
2021: €557k
2022: €560k
2023: €534k
2024: €531k
2018 → 2025
Total assets
€636k▼ 7.1%
2024 · €685k
2018: €575k
2019: €539k
2020: €566k
2021: €829k
2022: €799k
2023: €733k
2024: €685k
2018 → 2025
Net result
€-24k▼ 923%
2024 · €-2k
2018: €53k
2019: €29k
2020: €47k
2021: €246k
2022: €4k
2023: €-5k
2024: €-2k
2018 → 2025
Working capital
€154k▼ 11.6%
2024 · €174k
2018: €22k
2019: €137k
2020: €194k
2021: €415k
2022: €315k
2023: €273k
2024: €174k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€557k-€560k▲ 0.5%€534k▼ 4.6%€531k▼ 0.6%€474k▼ 10.7%
Operating result€359k-€6k▼ 98.3%€-8k€-4k▲ 56.8%€-35k▼ 896%
Net result€246k-€4k▼ 98.5%€-5k€-2k▲ 51.9%€-24k▼ 923%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €35k in 2025 against €4k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €636k
Fixed assets
€417k▼ 11.7%
Current assets
€219k▲ 3.4%
Equity and liabilities €636k
Equity
€474k▼ 10.7%
Provisions
€18k▼ 30.7%
Debt
€144k▲ 12.9%
The debt ratio rises from 18.6% to 22.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€45k▼
2024 · €89k
Cash flow
€56k▼
2024 · €90k
Solvency
74.5%▼
2024 · 77.5%
Current ratio
3.35▼
2024 · 5.58
Quick ratio
2.12▼
2024 · 4.16
Debt / equity
0.30▲
2024 · 0.24
ROE
-5.0%▼
2024 · -0.4%
ROA
-3.7%▼
2024 · -0.3%
Interest coverage
11.33▼
2024 · 21.79
Debt
€144k▲
2024 · €127k
Debt ≤ 1 year
€65k▲
2024 · €38k
Debt > 1 year
€78k▼
2024 · €89k
Income taxes
€4k▼
2024 · €19k
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€685k€636k▼
Fixed assets21/28€473k€417k▼
Tangible fixed assets22/27€473k€417k▼
Land and buildings22€373k€328k▼
Plant, machinery and equipment23€10k€10k▲
Furniture and vehicles24€90k€79k▼
Assets under construction and advance payments27€0-
Financial fixed assets28€156€156=
Current assets29/58€212k€219k▲
Stocks and contracts in progress3€54k€80k▲
Stocks30/36€54k€80k▲
Amounts receivable within one year40/41€45k€44k▼
Trade receivables40€35k€30k▼
Other amounts receivable41€10k€14k▲
Cash at bank and in hand54/58€109k€87k▼
Deferred charges and accrued income490/1€4k€7k▲
Equity and liabilities
Total equity and liabilities10/49€685k€636k▼
Equity10/15€531k€474k▼
Contributions10/11€19k€19k=
Reserves13€499k€443k▼
Tax-exempt reserves132€169k€137k▼
Distributable reserves133€330k€307k▼
Profit (loss) carried forward14€1k€1k=
Investment grants15€12k€11k▼
Provisions and deferred taxes16€27k€18k▼
Deferred taxes168€27k€18k▼
Amounts payable17/49€127k€144k▲
Amounts payable after more than one year17€89k€78k▼
Financial debts170/4€89k€78k▼
Amounts payable within one year42/48€38k€65k▲
Current portion of amounts payable after more than one year42€12k€11k▼
Trade debts44€9k€18k▲
Suppliers440/4€9k€18k▲
Taxes, remuneration and social security45€12k€3k▼
Taxes450/3€10k€3k▼
Remuneration and social security454/9€2k€0▼
Other amounts payable47/48€5k€33k▲
Accrued charges and deferred income492/3-€47
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€92k€80k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€8k€9k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€97k€54k▼
Operating profit (loss)9901€-4k€-35k▼
Financial income75/76B€14k€11k▼
Recurring financial income75€4k€2k▼
Non-recurring financial income76B€10k€9k▼
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€6k€-28k▼
Transfer from deferred taxes780€10k€8k▼
Income taxes67/77€19k€4k▼
Profit (loss) for the period9904€-2k€-24k▼
Transfer from tax-exempt reserves789€40k€32k▼
Profit (loss) for the period to be appropriated9905€37k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€38k€10k▼
Profit (loss) brought forward from the previous period14P€1k€1k=
Transfer from equity791/2€0€32k▲
Transfer to equity691/2€37k€9k▼
To other reserves6921€37k€9k▼
Profit to be distributed694/7€0€32k▲
Return on contributions (dividend)694€0€32k▲
The notes to these accounts (15 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
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-24k
Net result drops to €-24k, the lowest in the series.
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
15-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 15 days late
2021
31-12
Financial
Highest result since 2018net €246k ▲421%
Operating result €359k, net result €246k, both a record.
31-12
Financial
Equity above €500kEq €557k ▲78.5%
4 profitable years in a row build equity to €557k.
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
28-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Verviers · 1 establishment unit since 1945
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.
Rue de Limbourg 1394800 VerviersGround area
1,187 m²
Building footprint
177 m²
Volume, LiDAR
1,721 m³
Parcel 63572B0057/00M003, Wallonia · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue de Limbourg 139, 4800 Verviers
since 19452.004.673.462
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63572B0057/00M003 | Wallonia | 1,187 m² | 1 · 177 m² | 10.8 m · 3 fl. |
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.
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TIP TOP BELTING
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Of 161 companies in sector 22120 we hold annual accounts for 111. 76 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded01-01-1968
Fiscal year end31-12
Abbreviation FR
S.I.M.A.C.
Activities, NACEBEL
22120Manufacture of rubber and plastic products
25130
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.