SIMAR
ActiveSIMAR has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €862k and a net result of €8k. Equity is growing by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 79% of 2036 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70=
Solvency93▲+14
Growth65=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 3.43 against 2.42 in 2024; short-term debt: 13.1% and cash: 12.3% of total assets), and 32.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
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
67.6%
Return on assets
0.7%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 27-10-2025, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
41 d early
2023
36 d early
2022
25 d early
2021
27 d early
2020
2 d early
2019
48 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close19-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, full schema
Turnover
€1.69M▲ 4.2%
2019 · €1.62M
2019: €1.62M
2019 → 2021
EBIT margin
0.2%=
2019 · 0.2%
2019: 0.2%
2019 → 2021
Net result
€8k▼ 50.3%
2024 · €17k
2019: €8k
2021: €-67k
2022: €223k
2023: €21k
2024: €17k
2019 → 2025
Working capital
€405k▼ 13.3%
2024 · €467k
2019: €568k
2021: €686k
2022: €576k
2023: €481k
2024: €467k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.69M-
Equity€592k-€815k▲ 37.7%€837k▲ 2.6%€854k▲ 2.0%€862k▲ 1.0%
Operating result€4k-€113k▲ 2,704%€33k▼ 70.7%€34k▲ 4.0%€11k▼ 68.2%
Net result€-67k-€223k€21k▼ 90.4%€17k▼ 20.5%€8k▼ 50.3%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 68% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.28M
Fixed assets
€705k▼ 11.0%
Current assets
€571k▼ 28.2%
Equity and liabilities €1.28M
Equity
€862k▲ 1.0%
Provisions
€43k▼ 20.2%
Debt
€371k▼ 45.5%
The debt ratio falls from 42.9% to 29.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€101k▼
2024 · €121k
Cash flow
€98k▼
2024 · €104k
Solvency
67.6%▲
2024 · 53.8%
Current ratio
3.43▲
2024 · 2.42
Quick ratio
3.23▲
2024 · 2.05
Debt / equity
0.43▼
2024 · 0.80
ROE
1.0%▼
2024 · 2.0%
ROA
0.7%▼
2024 · 1.1%
Interest coverage
6.22▼
2024 · 6.58
Debt
€371k▼
2024 · €681k
Debt ≤ 1 year
€167k▼
2024 · €329k
Debt > 1 year
€199k▼
2024 · €346k
Income taxes
€9k▼
2024 · €10k
Staff costs
€488k▼
2024 · €618k
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€1.59M€1.28M▼
Fixed assets21/28€792k€705k▼
Tangible fixed assets22/27€746k€659k▼
Land and buildings22€569k€541k▼
Plant, machinery and equipment23€15k€9k▼
Furniture and vehicles24€161k€109k▼
Other tangible fixed assets26€728€546▼
Financial fixed assets28€45k€45k=
Current assets29/58€796k€571k▼
Stocks and contracts in progress3€121k€33k▼
Stocks30/36€80k€33k▼
Contracts in progress37€41k-
Amounts receivable within one year40/41€524k€368k▼
Trade receivables40€487k€343k▼
Other amounts receivable41€37k€25k▼
Current investments50/53€110€111▲
Cash at bank and in hand54/58€128k€157k▲
Deferred charges and accrued income490/1€23k€13k▼
Equity and liabilities
Total equity and liabilities10/49€1.59M€1.28M▼
Equity10/15€854k€862k▲
Contributions10/11€119k€119k=
Reserves13€580k€563k▼
Tax-exempt reserves132€115k€98k▼
Distributable reserves133€465k€465k=
Profit (loss) carried forward14€154k€180k▲
Provisions and deferred taxes16€53k€43k▼
Provisions for liabilities and charges160/5€15k€10k▼
Other liabilities and charges164/5€15k€10k▼
Deferred taxes168€38k€33k▼
Amounts payable17/49€681k€371k▼
Amounts payable after more than one year17€346k€199k▼
Financial debts170/4€38k€21k▼
Other amounts payable178/9€307k€177k▼
Amounts payable within one year42/48€329k€167k▼
Current portion of amounts payable after more than one year42€80k€64k▼
Trade debts44€133k€34k▼
Suppliers440/4€133k€34k▼
Taxes, remuneration and social security45€116k€68k▼
Taxes450/3€44k€34k▼
Remuneration and social security454/9€72k€34k▼
Other amounts payable47/48€192-
Accrued charges and deferred income492/3€6k€6k▲
Income statement
Code20242025
Non-recurring operating income76A-€5k
Remuneration, social security and pensions62€618k€488k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€87k€90k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€-10k-
Other operating charges640/8€3k€3k▼
Non-recurring operating charges66A€3k€895▼
Gross operating margin9900€735k€592k▼
Operating profit (loss)9901€34k€11k▼
Financial income75/76B€6k€17k▲
Recurring financial income75€6k€5k▼
Non-recurring financial income76B-€12k
Financial charges65/66B€18k€16k▼
Recurring financial charges65€18k€16k▼
Profit (loss) for the period before taxes9903€21k€12k▼
Transfer from deferred taxes780€6k€6k=
Income taxes67/77€10k€9k▼
Profit (loss) for the period9904€17k€8k▼
Transfer from tax-exempt reserves789€17k€17k=
Profit (loss) for the period to be appropriated9905€34k€26k▼
Appropriation of the result
Profit (loss) to be appropriated9906€154k€180k▲
Profit (loss) brought forward from the previous period14P€120k€154k▲
Social balance
Average headcount (FTE)908712.69.8▼
The notes to these accounts (16 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
2025
27-10
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2024
20-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2023
25-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2022
06-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
31-03
Financial
Back to profitnet €223k
Net result €223k after one loss-making year.
2021
04-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
31-03
Financial
Weakest financial yearnet €-67k ▼970%
Net result drops to €-67k, the lowest in the series; recovery starts the following year.
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2019
13-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
12-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
02-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
06-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2020
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
08-07-2020
Resigned as Manager
Location & real-estate footprint
Registered office, Verviers · 1 establishment unit since 1986
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 Béribou 64800 VerviersGround area
1,794 m²
Building footprint
985 m²
Volume, LiDAR
4,530 m³
Parcel 63079A1468/00A008, Wallonia · tallest building 5.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue Béribou 6, 4800 Verviers
since 19862.028.558.228
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63079A1468/00A008 | Wallonia | 1,794 m² | 1 · 985 m² | 5.9 m · 2 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.
Recognitions · licences · registrations
Recognised contractor
3 categoriesRené SIMAR SRL11934
Legal Entity Identifier
254900GCQCL1IQWYIS48
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Of 7,039 companies in sector 43221 we hold annual accounts for 3,469. 1,807 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded23-12-1985
Fiscal year end31-03
Activities, NACEBEL
43221Plumbing work
45332
43222Installation of electric heating, air conditioning, cooling and ventilation
43410Roofing work
45220
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:info@simarsprl.be
Phone:087/33.80.62
Fax:087/31.28.77