SIMAR

Active

Public limited companyfounded 1983active for 42 yearsNamenstraat 9 A, 2000 Antwerpen, BelgiumKBO/BCE: BE 0424.899.590

Summary

SIMAR has been active since 1983 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€172,176) and a net result of €5,068. Equity is growing by about 7.7% per year across the filed financial years. Its solvency ranks better than 6% of 5,019 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Risk analysisFollow Report Compare

SIMARActiveChecked score 54/100

Risk analysis Report Compare

Activity

Retail trade

NACE 47712Retail sale of clothing and accessories for women, men, children and babies (general range) NACE 47716

1 site

Size

€435,915total assets 2025

Staff: 3 FTE
Equity: -€172,176
Profit: €5,068

Financial health

54 Fair Checked score 2025

Bankruptcy probabilitywithin 12 months: 1.0%

Structure

Parent: Dama Spa

2025 accounts 31 days early6 deeds in the Belgian Official Gazette

Why 54raises riskCapped at 59: negative equityNegative equity -€172,176Sector: Retail trade (NACE 47)lowers riskLiquidity: current ratio 0.71, cash €101,703Founded in 1983Show the evidence

Checked score

Score 2025

54 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 29% of its sector peers (NACE 47, micro)

Negative equity caps the score at 59. Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 0=

equity -39.5% of total assets

Liquidity 29-4

short-term debt 139.5% · cash 23.3%

Profitability 51-20

return on assets 1.2%

Bankruptcy probability, 12 months

1.0% Low

0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,248 companies, NACE 47, micro)

Last 24 months 11-2024: 1.0% 12-2024: 1.0%● unchanged vs 11-2024 01-2025: 1.0%● unchanged vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 1.0%● unchanged vs 02-2025 04-2025: 1.0%● unchanged vs 03-2025 05-2025: 1.0%● unchanged vs 04-2025 06-2025: 0.9%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: 1.0%▲ +0.1 percentage points vs 06-2025 08-2025: 1.2%▲ +0.2 percentage points vs 07-2025highest value 09-2025: 1.2%● unchanged vs 08-2025highest value 10-2025: 1.2%● unchanged vs 09-2025highest value 11-2025: 1.2%● unchanged vs 10-2025highest value 12-2025: 1.2%● unchanged vs 11-2025highest value 01-2026: 1.2%● unchanged vs 12-2025highest value 02-2026: 1.2%● unchanged vs 01-2026highest value 03-2026: 1.2%● unchanged vs 02-2026 04-2026: 1.2%● unchanged vs 03-2026 05-2026: 1.2%● unchanged vs 04-2026 06-2026: 1.1%▼ -0.1 percentage points vs 05-2026 07-2026: 1.0%▼ -0.1 percentage points vs 06-2026 08-2026: 1.0%● unchanged vs 07-2026 09-2026: 1.0%● unchanged vs 08-2026 10-2026: 1.0%● unchanged vs 09-2026

No credit on open account

Liquidity insufficient (current ratio 0.71, compared with 0.72 in 2024, below 1; short-term debt: 139.5% and cash: 23.3% of total assets), and equity is negative.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 6% on solvency, 26% on liquidity, 37% on profitability and 47% on growth.

The bankruptcy probability was computed on 27-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.

lowers riskraises riskneutral

Negative equity -€172,176

NBB · annual accounts

Sector: Retail trade (NACE 47)

KBO

Liquidity: current ratio 0.71, cash €101,703

NBB · annual accounts

Founded in 1983

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 6% of 5019 sector peers (2025).

NBB · sector comparison

Position among 5019 sector peers

Solvency

better than 6%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

31 days early

2024

13 days early

2023

35 days early

2022

34 days early

2021

33 days early

2020

32 days early

2019

9 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 27 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)

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 June (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

28-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

30-06-2026 Annual accounts filedfinancial year 2025 · full…
18-07-2025 Annual accounts filedfinancial year 2024 · abbreviated…
26-06-2024 Annual accounts filedfinancial year 2023 · abbreviated…

Key points

Risk: Negative equityfinancial year 2025: debts exceed assets -€172,176 View
Caution: Among the weakest 6% on solvencysector median 36.1% · 5,019 companies -39.5% View
Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
Controlled by Dama Spa parent View

By topic

Financials

Financial year: 2025
Total assets: €435,915
Profit: €5,068
Solvency: -39.5%

Total assets▼ 8.2%

Net result

20182025

Go to Financials

Board & ownership

Parent: Dama Spa

Go to Board & ownership

Timeline

Events: 43
Since: 1985
Next accounts: by 31-07-2027

31-12-2023Back to profit
27-06-2023Annual accounts filed
28-06-2022Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Retail tradeNACE 47712
Founded: 06-12-1983
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about SIMAR

What is the company number of SIMAR?: 0424.899.590. In Belgium the VAT number is the company number with BE in front: BE 0424.899.590.
Where is SIMAR based?: The registered office is at Namenstraat 9 A, 2000 Antwerpen.Company details
What does SIMAR do?: According to the KBO register, the main activity is retail trade (NACE 47712).
What is the legal form of SIMAR?: Public limited company (NV).
When was SIMAR founded?: On 06-12-1983.
Is SIMAR still active?: Yes, SIMAR is an active enterprise in the KBO register.
How many employees does SIMAR have?: On average 3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of SIMAR?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is SIMAR profitable?: In financial year 2025, SIMAR made a profit of €5,068.
Where can I find the annual accounts of SIMAR?: SIMAR filed 42 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SIMAR due?: By 31-07-2027, for financial year 2026.Timeline