SIMAR
ActiveSummary
SIMAR has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €301,249 and a net result of €47,306. Equity is growing by ~7.6% per year across the filed fiscal years. Its solvency ranks better than 58% of 4926 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability79▼-1
Solvency78▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23,000 at 30 days acceptable
Liquidity ample (current ratio 2.32 against 2.51 in 2024; short-term debt: 33.5% and cash: 17.1% of total assets), and 47.4% of the assets are financed with debt.
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Signals
Five 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
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
52.6%
Return on assets
8.3%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← 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 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
42 d early
2023
21 d early
2022
55 d early
2021
53 d early
2020
30 d early
2019
31 d late
← 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 28 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€47,306▲ 1.2%
2024 · €46,763
Working capital
€254,337▲ 4.5%
2024 · €243,441
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€17,467▲ 42.9%€22,812€103,287▲ 353%€80,633▼ 21.9%€86,572▲ 7.4%
Net result-€18,097▲ 55.6%€7,541€79,691▲ 957%€46,763▼ 41.3%€47,306▲ 1.2%
Equity€119,947▼ 13.1%€127,488▲ 6.3%€207,179▲ 62.5%€253,943▲ 22.6%€301,249▲ 18.6%
Total assets€499,380▲ 3.9%€452,645▼ 9.4%€517,005▲ 14.2%€501,601▼ 3.0%€573,214▲ 14.3%
Debt€379,433▲ 10.8%€325,157▼ 14.3%€309,826▼ 4.7%€247,658▼ 20.1%€271,965▲ 9.8%
Working capital€164,175▼ 19.9%€184,745▲ 12.5%€242,974▲ 31.5%€243,441▲ 0.2%€254,337▲ 4.5%
Staff (FTE)4.1▼ 4.7%3.8▼ 7.3%4.8▲ 26.3%4.8=4.4▼ 8.3%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 7% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €573,214
Fixed assets
€126,907 ▲ 30.9%
Current assets
€446,307 ▲ 10.3%
Equity and liabilities €573,214
Equity
€301,249 ▲ 18.6%
Debt
€271,965 ▲ 9.8%
Debt's share of the balance-sheet total falls from 49.4% to 47.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€123,919▲
2024 · €114,309
Cash flow
€84,654▲
2024 · €80,440
Current ratio
2.32▼
2024 · 2.51
Quick ratio
1.57▼
2024 · 1.59
Debt to equity
0.90▼
2024 · 0.98
ROE
15.7%▼
2024 · 18.4%
ROA
8.3%▼
2024 · 9.3%
Interest coverage
9.48▲
2024 · 8.19
Debt ≤ 1 year
€191,971▲
2024 · €161,237
Debt > 1 year
€79,994▼
2024 · €86,421
Income taxes
€26,898▲
2024 · €21,554
Staff costs
€287,701▼
2024 · €303,114
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,324 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,324 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €6,541 | - |
| Remuneration, social security and pensions62 | €208,196 | €213,433 | €243,364 | €303,114 | €287,701 | ▼ 5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €44,766 | €43,873 | €37,941 | €33,676 | €37,347 | ▲ 10.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €0 | - | -€4,870 | €0 | -€503 | - |
| Other operating charges640/8 | €9,274 | €14,891 | €27,637 | €11,065 | €15,781 | ▲ 42.6% |
| Non-recurring operating charges66A | €0 | - | - | - | - | - |
| Gross operating margin9900 | €244,768 | €295,008 | €407,360 | €428,489 | €426,899 | ▼ 0.4% |
| Operating profit (loss)9901 | -€17,467 | €22,812 | €103,287 | €80,633 | €86,572 | ▲ 7.4% |
| Financial income75/76B | €8,372 | €347 | €3,427 | €1,646 | €703 | ▼ 57.3% |
| Recurring financial income75 | €8,372 | €347 | €3,427 | €1,646 | €703 | ▼ 57.3% |
| Financial charges65/66B | €9,001 | €15,617 | €11,242 | €13,961 | €13,071 | ▼ 6.4% |
| Recurring financial charges65 | €9,001 | €15,617 | €11,242 | €13,961 | €13,071 | ▼ 6.4% |
| Profit (loss) for the period before taxes9903 | -€18,097 | €7,541 | €95,471 | €68,317 | €74,205 | ▲ 8.6% |
| Income taxes67/77 | - | - | €15,780 | €21,554 | €26,898 | ▲ 24.8% |
| Profit (loss) for the period9904 | -€18,097 | €7,541 | €79,691 | €46,763 | €47,306 | ▲ 1.2% |
| Profit (loss) for the period to be appropriated9905 | -€18,097 | €7,541 | €79,691 | €46,763 | €47,306 | ▲ 1.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €499,380 | €452,645 | €517,005 | €501,601 | €573,214 | ▲ 14.3% |
| Fixed assets21/28 | €136,632 | €96,691 | €88,632 | €96,923 | €126,907 | ▲ 30.9% |
| Tangible fixed assets22/27 | €136,622 | €96,681 | €88,622 | €96,913 | €126,897 | ▲ 30.9% |
| Plant, machinery and equipment23 | €97,608 | €77,640 | €66,949 | €72,907 | €54,237 | ▼ 25.6% |
| Furniture and vehicles24 | €553 | €417 | €3,502 | €7,177 | €3,973 | ▼ 44.6% |
| Leasing and similar rights25 | €17,698 | €5,290 | €0 | - | €39,472 | - |
| Other tangible fixed assets26 | €20,762 | €13,333 | €18,171 | €16,829 | €29,216 | ▲ 73.6% |
| Financial fixed assets28 | €10 | €10 | €10 | €10 | €10 | = |
| Current assets29/58 | €362,749 | €355,954 | €428,374 | €404,678 | €446,307 | ▲ 10.3% |
| Stocks and contracts in progress3 | €163,855 | €159,011 | €159,128 | €147,663 | €144,827 | ▼ 1.9% |
| Stocks30/36 | €163,855 | €159,011 | €159,128 | €147,663 | €144,827 | ▼ 1.9% |
| Amounts receivable within one year40/41 | €127,676 | €148,319 | €183,906 | €167,860 | €194,057 | ▲ 15.6% |
| Trade receivables40 | €115,566 | €148,102 | €183,900 | €165,469 | €181,222 | ▲ 9.5% |
| Other amounts receivable41 | €12,110 | €217 | €5 | €2,391 | €12,834 | ▲ 437% |
| Current investments50/53 | €50,286 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €17,871 | €45,200 | €82,425 | €86,655 | €98,036 | ▲ 13.1% |
| Deferred charges and accrued income490/1 | €3,061 | €3,425 | €2,914 | €2,500 | €9,387 | ▲ 275% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €499,380 | €452,645 | €517,005 | €501,601 | €573,214 | ▲ 14.3% |
| Equity10/15 | €119,947 | €127,488 | €207,179 | €253,943 | €301,249 | ▲ 18.6% |
| Contributions10/11 | €175,000 | €175,000 | €175,000 | €175,000 | €175,000 | = |
| Capital10 | €175,000 | €175,000 | €175,000 | €175,000 | €175,000 | = |
| Issued capital100 | €175,000 | €175,000 | €175,000 | €175,000 | €175,000 | = |
| Reserves13 | €3,773 | €3,773 | €32,179 | €78,943 | €126,249 | ▲ 59.9% |
| Non-distributable reserves130/1 | €3,773 | €3,773 | €7,879 | €17,500 | €17,500 | = |
| Legal reserve130 | €3,773 | €3,773 | €7,879 | €17,500 | €17,500 | = |
| Distributable reserves133 | - | - | €24,300 | €61,443 | €108,749 | ▲ 77.0% |
| Profit (loss) carried forward14 | -€58,826 | -€51,285 | €0 | - | - | - |
| Amounts payable17/49 | €379,433 | €325,157 | €309,826 | €247,658 | €271,965 | ▲ 9.8% |
| Amounts payable after more than one year17 | €180,860 | €153,948 | €124,426 | €86,421 | €79,994 | ▼ 7.4% |
| Financial debts170/4 | €82,386 | €59,490 | €56,630 | €48,399 | €60,751 | ▲ 25.5% |
| Other amounts payable178/9 | €98,474 | €94,457 | €67,796 | €38,022 | €19,243 | ▼ 49.4% |
| Amounts payable within one year42/48 | €198,573 | €171,209 | €185,400 | €161,237 | €191,971 | ▲ 19.1% |
| Current portion of amounts payable after more than one year42 | €35,913 | €31,895 | €19,877 | €18,015 | €27,856 | ▲ 54.6% |
| Financial debts43 | €23,785 | €10,530 | €4,431 | €0 | - | - |
| Credit institutions430/8 | €23,785 | €10,530 | €4,431 | €0 | - | - |
| Trade debts44 | €101,876 | €79,337 | €91,711 | €80,604 | €105,172 | ▲ 30.5% |
| Suppliers440/4 | €101,876 | €79,337 | €91,711 | €80,604 | €105,172 | ▲ 30.5% |
| Taxes, remuneration and social security45 | €12,599 | €25,157 | €45,380 | €37,515 | €32,559 | ▼ 13.2% |
| Taxes450/3 | €951 | €3,245 | €16,675 | €6,330 | €8,518 | ▲ 34.6% |
| Remuneration and social security454/9 | €11,648 | €21,912 | €28,706 | €31,185 | €24,041 | ▼ 22.9% |
| Other amounts payable47/48 | €24,400 | €24,290 | €24,000 | €25,103 | €26,383 | ▲ 5.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€18,097 | €7,541 | €79,691 | €46,763 | €47,306 | ▲ 1.2% |
| + Depreciation and write-downs630 | €44,766 | €43,873 | €37,941 | €33,676 | €37,347 | ▲ 10.9% |
| Operating cash flow (approximation) | €26,668 | €51,414 | €117,632 | €80,440 | €84,654 | ▲ 5.2% |
| Investment in fixed assets (approximation) | - | -€3,932 | -€29,882 | -€41,967 | -€67,331 | ▼ 60.4% |
| Change in cash | - | €27,329 | €37,225 | €4,230 | €11,381 | ▲ 169% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €79,691 ▲957%
Operating result €103,287, net result €79,691, both a record.
31-12
Financial
Equity above €200,000Eq €207,179 ▲62.5%
2 profitable years in a row build equity to €207,179.
06-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €7,541
Net result €7,541 after 2 loss-making years.
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet -€40,729
Net result drops to -€40,729, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
05-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 8 acts read
About the unread acts
Of the 8 Belgian State Gazette acts we know for this company, 1 has been read. The other 7 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 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, Puurs-Sint-Amands · 1 establishment unit since 1996
Ground area
2,467 m²
Building footprint
1,199 m²
Volume, LiDAR
8,420 m³
Parcel 12034A0464/00B000, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
SIMAR
since 19962.077.398.223
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12034A0464/00B000 | Flanders | 2,467 m² | 1 · 1,199 m² | 9.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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
Food safety, FASFC
1 sitePuurs-Sint-Amands2.077.398.223
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Of 231 companies in sector 46323 we hold annual accounts for 155. 121 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded26-06-1996
Fiscal year end31-12
Activities, NACEBEL 2025
10200Manufacture of food products
46323Wholesale trade
47230Retail trade
Contact
E-mail
info@simarnv.be
Phone
052332557
Fax
025341599
E-invoicing
Reachable via Peppol
Peppol ID
0208:0458394779
Registered
27-03-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.