SIMAFIN
ActiveSummary
SIMAFIN has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €301k and a net result of €218k. Equity is growing by ~12.1% per year across the filed fiscal years. Its solvency ranks better than 81% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
97
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 6.26 against 18.31 in 2024; short-term debt: 15.9% and cash: 90.7% of total assets), and 15.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
84.1%
Return on assets
60.7%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 10-01-2026, 21 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
21 d early
2024
128 d early
2023
41 d early
2022
116 d early
2021
123 d early
2020
95 d early
2019
123 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€301k▼ 20.6%
2024 · €379k
2019: €155k
2020: €240k
2021: €156k
2022: €251k
2023: €230k
2024: €379k
2019 → 2025
Total assets
€358k▼ 10.7%
2024 · €401k
2019: €189k
2020: €269k
2021: €184k
2022: €265k
2023: €306k
2024: €401k
2019 → 2025
Net result
€218k▲ 45.6%
2024 · €149k
2019: €64k
2020: €86k
2021: €110k
2022: €95k
2023: €144k
2024: €149k
2019 → 2025
Working capital
€301k▼ 20.6%
2024 · €378k
2019: €154k
2020: €240k
2021: €156k
2022: €242k
2023: €228k
2024: €378k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€156k-€251k▲ 61.0%€230k▼ 8.3%€379k▲ 65.0%€301k▼ 20.6%
Operating result€143k-€122k▼ 14.7%€187k▲ 53.7%€187k▼ 0.4%€281k▲ 50.7%
Net result€110k-€95k▼ 13.9%€144k▲ 51.9%€149k▲ 3.6%€218k▲ 45.6%
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 51% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €358k
Fixed assets
€766 ▼ 29.5%
Current assets
€358k ▼ 10.6%
Equity and liabilities €358k
Equity
€301k ▼ 20.6%
Debt
€57k ▲ 161%
Debt's share of the balance-sheet total rises from 5.4% to 15.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€281k▲
2024 · €188k
Cash flow
€218k▲
2024 · €151k
Current ratio
6.26▼
2024 · 18.31
Debt to equity
0.19▲
2024 · 0.06
ROE
72.3%▲
2024 · 39.4%
ROA
60.7%▲
2024 · 37.2%
Interest coverage
1937.22▲
2024 · 1733.17
Debt ≤ 1 year
€57k▲
2024 · €22k
Income taxes
€69k▲
2024 · €44k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€401k€358k▼
Fixed assets21/28€1k€766▼
Tangible fixed assets22/27€986€666▼
Plant, machinery and equipment23€986€666▼
Furniture and vehicles24€0-
Financial fixed assets28€100€100=
Current assets29/58€400k€358k▼
Amounts receivable within one year40/41€29k€31k▲
Trade receivables40€28k€31k▲
Other amounts receivable41€1k€0▼
Cash at bank and in hand54/58€369k€325k▼
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€401k€358k▼
Equity10/15€379k€301k▼
Contributions10/11€19k€19k=
Reserves13€361k€283k▼
Tax-exempt reserves132€63k€63k=
Distributable reserves133€298k€220k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€22k€57k▲
Amounts payable within one year42/48€22k€57k▲
Trade debts44€437€3k▲
Suppliers440/4€437€3k▲
Taxes, remuneration and social security45€21k€54k▲
Taxes450/3€21k€54k▲
Other amounts payable47/48€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€320▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€189k€283k▲
Operating profit (loss)9901€187k€281k▲
Financial income75/76B€7k€6k▼
Recurring financial income75€7k€6k▼
Financial charges65/66B€108€145▲
Recurring financial charges65€108€145▲
Profit (loss) for the period before taxes9903€194k€286k▲
Income taxes67/77€44k€69k▲
Profit (loss) for the period9904€149k€218k▲
Transfer to tax-exempt reserves689€63k€0▼
Profit (loss) for the period to be appropriated9905€86k€218k▲
Appropriation of the result
Profit (loss) to be appropriated9906€86k€218k▲
Transfer from equity791/2€0€296k▲
Transfer to equity691/2€86k€218k▲
To other reserves6921€86k€218k▲
Profit to be distributed694/7€0€296k▲
Return on contributions (dividend)694€0€296k▲
The notes to these accounts (6 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
10-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2019net €218k ▲45.6%
Operating result €281k, net result €218k, both a record.
2024
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Liquidity times 5current ratio 18.31
Current ratio from 4.00 to 18.31; short-term debt falls from €76k to €22k.
2023
21-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
07-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Liquidity triplescurrent ratio 18.09
Current ratio from 6.71 to 18.09; short-term debt falls from €27k to €14k.
30-06
Financial
Equity above €200kEq €251k ▲61%
4 profitable years in a row build equity to €251k.
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Equity above €200kEq €240k ▲55.1%
2 profitable years in a row build equity to €240k.
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
02-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
13-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro 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, Mortsel · 1 establishment unit since 2016
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.
Edegemsestraat 1832640 MortselGround area
279 m²
Building footprint
93 m²
Volume, LiDAR
904 m³
Parcel 11513C0128/00R009, Flanders · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SIMAFIN
since 20162.257.289.869
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11513C0128/00R009 | Flanders | 279 m² | 1 · 93 m² | 10.6 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 227 EUR awarded · 227 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 227 EUR | 227 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 38,144 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-10-2016
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
62100Computer programming
74301Translation services
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.