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SIMAD

Active Public limited companyfounded 1991active for 35 yearsRue de Longuyon,Ruette 51, 6760 VirtonKBO/BCE: BE 0443.854.677 #2 oldest company in Virton, Professional and technical services sector
SIMAD
Financial year 2025
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Annual accounts 2025

abbreviated format, filed on 26-07-2026, 5 days before the deadline
€12,528
▼ 8.6%
€2,719
▼ 15.3%
€2,642
▼ 0.1%
-€130,139
▲ €11,189
-903.8%
▼ 515.0 percentage points
0.10
▼ 0.05

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €49,000. Estimated: probably between €22,000 and €130,000.

In the rankings #2 oldest company in Virton, Professional and technical services sector

Balance sheet

balance sheet total €14,399 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

-903.8%

Lower than 95% of 10,855 companies in 2025.

0.10

Higher than 7% of 10,477 companies in 2025.

18.3%

Higher than 79% of 10,724 companies in 2025.

SIMAD Middle half of the sector 80% of the sector Abbreviated accounts in head offices and management consultancy (NACE 70)

Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter

Staff

Staff costs divided by the average number of full-time equivalents.

Blue and white collar

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
Balance sheet: assets
20/58 14,39934,15148,13087,694148,790166,622225,847291,553367,852387,362314,577330,994345,834359,331387,343427,981418,325437,676431,051
21/28 -8,54717,09425,86234,636164,677220,488276,983333,990374,471295,814328,043310,167337,105364,112388,803393,364422,855421,842
22/27 -8,54717,09425,86234,636164,677220,488276,983333,990374,471295,814328,043310,167337,105364,112388,803393,364422,855421,842
22 -----141,839186,431232,147282,394321,920275,507304,378285,020307,941329,568342,147348,532369,536359,714
23 ---19839520,09928,95836,73148,41648,47716,62818,99421,08124,54027,44731,81832,50135,64139,046
24 -8,54717,09425,66434,2412,7405,0998,1053,1804,0743,6794,6714,0664,6247,09714,83812,33117,67823,082
29/58 14,39925,60431,03661,832114,1541,9455,35914,57033,86212,89118,7632,95135,66722,22623,23139,17824,96114,8219,209
3 ---------------42452452341
30/36 ---------------42452452341
40/41 --7,9753504624793,9109,35221,913---1047118,56120,13224,39014,0038,840
40 --7,975-----21,913---1044418,56120,13224,39014,0038,840
41 ---3504624793,9109,352-----27-----
50/53 ------------34,000------
54/58 14,39925,60423,06161,482113,6921,4661,4495,21911,94912,89118,7632,9511,56322,1554,67019,00411936628
Balance sheet: equity and liabilities
10/49 14,39934,15148,13087,694148,790166,622225,847291,553367,852387,362314,577330,994345,834359,331387,343427,981418,325437,676431,051
10/15 -130,139-132,782-135,428-145,288-105,745-62,708-1,97676,544131,650129,561118,566101,65383,34766,31154,47746,85536,09234,37144,696
10/11 122,960122,960122,960122,960122,960122,960122,960122,960122,960122,960122,960122,960122,960122,960122,960122,960122,960122,960122,960
10 122,960122,960122,960122,960---------------
100 122,960122,960122,960122,960--122,960122,960122,960122,960122,960122,960122,960122,960122,960122,960122,960122,960122,960
13 8,6908,6908,6908,6908,6908,6908,6908,6908,6906,601---------
130/1 480480480480480480-------------
130 480480480480--480480480365---------
1311 ----480480-------------
133 8,2108,2108,2108,2108,2108,2108,2108,2108,2106,236---------
14 -261,790-264,432-267,078-276,938-237,395-194,358-133,626-55,106---4,394-21,307-39,613-56,649-68,483-76,105-86,868-88,589-78,264
16 -------2,8572,857----------
160/5 -------2,8572,857----------
163 -------2,857-----------
164/5 --------2,857----------
17/49 144,539166,933183,558232,982254,535229,330227,823212,152233,345257,801196,011229,341262,487293,020332,866381,126382,233403,305386,355
17 --------6,91234,17661,44088,704115,968143,232170,496200,032227,296253,780289,095
170/4 --------6,91234,17661,44088,704115,968143,232170,496200,032227,296253,780289,095
42/48 144,539166,933183,558232,982254,535229,330227,823212,152226,433223,625134,571140,637146,519149,788162,370167,227154,937149,52597,260
42 --------27,26428,26428,26428,26427,26427,26427,26427,26428,75635,315-
43 -------2,543-----1,08410,03712,02011,4936,12629,006
430/8 -------2,543-----1,08410,03712,02011,4936,12629,006
44 2731,1941,3401941241,4017973,5979,2852,45210,1056,3953,0267,0375,1049,6505,4656,09512,386
440/4 2731,1941,3401941241,4017973,5979,2852,45210,1056,3953,0267,0375,1049,6505,4656,09512,386
46 -------1,150-120---970-----
45 1,0665261,0521,031697242-3,33512,5444,8213,2602,7175,3446591,6961,7477,2224,3434,689
450/3 1,0665261,0521,031697242-1,0717,8674,8213,2602,7175,3446591,6961,7477,2224,3433,758
454/9 -------2,2634,676---------931
47/48 143,200165,213181,166231,756253,713227,687227,026201,527177,340187,96892,942103,261110,885112,774118,269116,546102,00197,64651,179
492/3 ---------------13,867---
Income statement
76A ------2,857------------
9900 12,52813,70120,385-4,830-4,389-2,142-15,05665,457127,20991,16170,97074,73065,79357,44161,58466,88755,68345,32235,837
62 ------2,00238,25951,45018,247-------1,2685,296
630 8,5478,5478,6138,7758,77556,33858,64777,05757,73152,49136,91942,28833,06434,16839,07139,08535,92935,88233,982
635/8 --------2,857----------
640/8 1,2621,9451,32825,16128,6751,8392,2583,1185,9809821,4471,4811,7061,6671,6972,1471,6041,6351,956
9901 2,7193,20910,444-38,766-41,838-60,319-77,963-52,9779,18919,44132,60430,96131,02321,60620,81625,65518,1506,537-5,397
75/76B 3103-113271601053101802761233511029214
75 3103-113271601053101802761233511029214
65/66B 473977904501725702,1302,9904,24110,6157,23510,01810,04813,30114,92716,53916,89418,117
65 473977904501725702,1302,9904,24110,6157,23510,01810,04813,30114,92716,53916,89418,117
9903 2,6753,17210,368-38,853-42,288-60,490-78,520-55,1066,27015,26022,09424,03621,18511,8347,63810,7631,721-10,328-23,300
67/77 33526507690748242-04,1814,2655,1815,7304,149-16---3-
9904 2,6422,6469,861-39,543-43,037-60,732-78,520-55,1062,08910,99516,91318,30617,03611,8347,62210,7631,721-10,325-23,300
9905 2,6422,6469,861-39,543-43,037-60,732-78,520-55,1062,08910,99516,91318,30617,03611,8347,62210,7631,721-10,325-23,300
Appropriation of the result
9906 -261,790-264,432-267,078-276,938-237,395-194,358-133,626-55,1062,0896,601-4,394-21,307-39,613-56,649-68,483-76,105-86,868-88,589-78,264
14P -264,432-267,078-276,938-237,395-194,358--------------
691/2 --------2,0896,601---------
6920 --------115365---------
6921 --------1,9746,236---------
Social balance sheet
9087 -------11---------0.2
Hours worked1013 -------7581,801---------364
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 15 older financial years (1992-2006) were filed as documents without figures as data, scans for example.

The notes to these accounts have 3 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.

Source: Annual accounts 2025 at the NBB, filed on 26-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 26-07-2026 2026-00337738 PDF
31-12-2024 micro format 12-08-2025 2025-00371874 PDF
31-12-2023 micro format 26-06-2024 2024-00189171 PDF
31-12-2022 micro format 11-06-2023 2023-00135703 PDF
31-12-2021 micro format 02-06-2022 2022-20043734 PDF
31-12-2020 micro format 04-07-2021 2021-31100174 PDF
31-12-2019 micro format 24-08-2020 2020-45100425 PDF
31-12-2018 micro format 02-07-2019 2019-27500359 PDF
30-09-2017 micro format 29-03-2018 2018-08300201 PDF
30-09-2016 full format 28-03-2017 2017-07600053 PDF
30-09-2015 full format 11-03-2016 2016-06300126 PDF
30-09-2014 full format 19-03-2015 2015-07200034 PDF
30-09-2013 full format 10-03-2014 2014-06100097 PDF
30-09-2012 full format 22-03-2013 2013-07000221 PDF
30-09-2011 full format 27-02-2012 2012-04700255 PDF
30-09-2010 full format 07-03-2011 2011-05300073 PDF
30-09-2009 full format 01-03-2010 2010-06000150 PDF
30-09-2008 full format 13-03-2009 2009-07200237 PDF
30-09-2007 full format 24-04-2008 2008-11300141 PDF
30-09-2006 full format 07-03-2007 2007-06800506 PDF
30-09-2005 full format 28-04-2006 2006-12700241 PDF
30-09-2004 full format 15-07-2005 2005-49802751 PDF
30-09-2003 abbreviated format 13-04-2004 2004-11003643 PDF
30-09-2002 abbreviated format 08-04-2003 2003-10402757 PDF
30-09-2001 abbreviated format 21-08-2002 2002-49100373 PDF
30-09-2000 abbreviated format 03-04-2001 2001-08704741 PDF
30-09-1999 abbreviated format 03-04-2000 2000-08505252 PDF
30-09-1998 abbreviated format 31-03-1999 1999-06801959 PDF
30-09-1997 abbreviated format 02-04-1998 1998-06005097 PDF
30-09-1996 abbreviated format 28-03-1997 1997-04801223 PDF
30-09-1995 abbreviated format 01-04-1996 1996-05103121 PDF
30-09-1994 abbreviated format 13-06-1995 1995-23502674 PDF
30-09-1993 abbreviated format 03-05-1994 1994-07400970 PDF
30-09-1992 abbreviated format 28-05-1993 1993-09000293 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
11,26711,75719,057-29,991-33,064-3,981-19,31624,08066,92171,93269,52373,24964,08755,77459,88764,74054,07942,41928,585
11,18911,19318,474-30,769-34,262-4,394-19,87321,95159,82063,48653,83260,59450,10046,00246,69349,84837,65025,55710,682
00-154042,7365272,23820,05017,251131,1474,69060,1646,1257,16114,38032,5296,43836,895172,452
-11,2042,543-38,421-52,210112,22617-3,770-6,730-942-5,87215,8121,388-20,59217,485-14,33418,885-247338-
-130,139-141,329-152,522-171,150-140,381-227,385-222,464-197,581-192,571-210,734-115,808-137,686-110,852-127,562-139,139-128,049-129,976-134,704-88,051
-903.8%-388.8%-281.4%-165.7%-71.1%-37.6%-0.9%26.3%35.8%33.4%37.7%30.7%24.1%18.5%14.1%10.9%8.6%7.9%10.4%
0.100.150.170.270.450.010.020.070.150.060.140.020.240.150.140.230.160.100.09
0.100.150.170.270.450.010.020.070.150.060.140.020.240.150.140.230.160.100.09
-------2.771.771.991.652.263.154.426.118.1310.5911.738.64
--------72.0%1.6%8.5%14.3%18.0%20.4%17.8%14.0%23.0%4.8%-30.0%-52.1%
18.3%7.7%20.5%-45.1%-28.9%-36.4%-34.8%-18.9%0.6%2.8%5.4%5.5%4.9%3.3%2.0%2.5%0.4%-2.4%-5.4%
over 100over 100over 100-332.53-73.46--------------

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets----€42,736
€8,547€8,547€8,613€8,775€8,775

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on SIMAD

The operating result for 2025 is 15% lower than in 2024 and the lowest since 2022. It is the second fall in a row.

Equity is negative. Debt (€144,539) exceeds the balance-sheet total (€14,399).

Next steps

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