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SIMAR

Open bankruptcy
Private limited company (pre-2019)founded 2017Varkensmarkt 4, 2000 Antwerpen, BelgiumKBO/BCE: BE 0679.596.549

A bankruptcy procedure is open for SIMAR according to publications in the Belgian State Gazette; curator: PHILIPPE TERMOTE.

Summary

The 2019 annual accounts show equity of €16,271 and a net result of €913.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Antwerp, Antwerp division
Declared bankrupt
10 April 2025
Supervising judge
Walter Clement
Official Gazette
17-04-2025 (pdf) ↗search the document for 2025/116676

Deadlines

Provisional date payments stopped
10 April 2025A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 2 May 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 10 May 2025art. XX.104 and XX.155 CEL
First verification report
passed on 6 June 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 10 April 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Two signals.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 4 August 2017, SIMAR was incorporated.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2019.2 The company was declared bankrupt on 10 April 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019
  3. 3Belgian State Gazette, 17-04-2025

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2019, abbreviated schema

Turnover
€70,626▼ 13.8%
2018 · €81,966
EBIT margin
1.3%▼ 2.4pp
2018 · 3.8%
Net result
€913▼ 69.1%
2018 · €2,958
Working capital
€5,679
2018 · -€3,234
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
Line20182019
Turnover€81,966-€70,626▼ 13.8%
Operating result€3,087-€951▼ 69.2%
Net result€2,958-€913▼ 69.1%
EBIT margin3.8%-1.3%▼ 2.4pp
Equity€15,358-€16,271▲ 5.9%
Total assets€23,074-€23,374▲ 1.3%
Debt€7,715-€7,103▼ 7.9%
Working capital-€3,234-€5,679
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€1,000€2,000€3,000Operating result 2018: €3,087€3,087Net result 2018: €2,958€2,958Operating result 2019: €951€951Net result 2019: €913€91320182019€0€1,000€2,000€3,000Operating result 2018: €3,087€3,090Net result 2018: €2,958€2,960Operating result 2019: €951€951Net result 2019: €913€91320182019
The operating result falls in 2019; 2019 is 69% below 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €23,374
Fixed assets €10,592 ▼ 43.0%
Current assets €12,782 ▲ 185%
Equity and liabilities €23,374
Equity €16,271 ▲ 5.9%
Debt €7,103 ▼ 7.9%
Debt's share of the balance-sheet total falls from 33.4% to 30.4%. Equity is higher and debt is lower.
Key figures and ratios
2019 value · change against 2018
Current ratio
1.80▲
2018 · 0.58
ROE
5.6%▼
2018 · 19.3%
ROA
3.9%▼
2018 · 12.8%
Debt ≤ 1 year
€7,103▼
2018 · €7,715
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2019 against 2018 · 20 lines
Balance sheet Code20182019
Assets
Total assets20/58€23,074€23,374▲
Fixed assets21/28€18,592€10,592▼
Tangible fixed assets22/27€18,592€10,592▼
Current assets29/58€4,481€12,782▲
Amounts receivable within one year40/41€4,360€155▼
Cash at bank and in hand54/58€26€26=
Equity and liabilities
Total equity and liabilities10/49€23,074€23,374▲
Equity10/15€15,358€16,271▲
Contributions10/11€12,400€12,400=
Profit (loss) carried forward14€2,958€3,871▲
Amounts payable17/49€7,715€7,103▼
Amounts payable within one year42/48€7,715€7,103▼
Trade debts44€5,380€6,983▲
Income statement Code20182019
Turnover70€81,966€70,626▼
Gross operating margin9900€3,847€1,049▼
Operating profit (loss)9901€3,087€951▼
Recurring financial charges65€128€38▼
Profit (loss) for the period before taxes9903€2,958€913▼
Profit (loss) for the period9904€2,958€913▼
Profit (loss) for the period to be appropriated9905€2,958€913▼
Line20182019Change
Turnover70€81,966€70,626▼ 13.8%
Gross operating margin9900€3,847€1,049▼ 72.7%
Operating profit (loss)9901€3,087€951▼ 69.2%
Recurring financial charges65€128€38▼ 70.7%
Profit (loss) for the period before taxes9903€2,958€913▼ 69.1%
Profit (loss) for the period9904€2,958€913▼ 69.1%
Profit (loss) for the period to be appropriated9905€2,958€913▼ 69.1%
Line20182019Change
Assets
Total assets20/58€23,074€23,374▲ 1.3%
Fixed assets21/28€18,592€10,592▼ 43.0%
Tangible fixed assets22/27€18,592€10,592▼ 43.0%
Current assets29/58€4,481€12,782▲ 185%
Amounts receivable within one year40/41€4,360€155▼ 96.4%
Cash at bank and in hand54/58€26€26=
Equity and liabilities
Total equity and liabilities10/49€23,074€23,374▲ 1.3%
Equity10/15€15,358€16,271▲ 5.9%
Contributions10/11€12,400€12,400=
Profit (loss) carried forward14€2,958€3,871▲ 30.9%
Amounts payable17/49€7,715€7,103▼ 7.9%
Amounts payable within one year42/48€7,715€7,103▼ 7.9%
Trade debts44€5,380€6,983▲ 29.8%
Line20182019Change
Profit (loss) for the period9904€2,958€913▼ 69.1%
Operating cash flow (approximation)€2,958€913▼ 69.1%
Investment in fixed assets (approximation)-€8,000-
Change in cash-€0-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
17-04
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 10-04-2025
2021
17-05
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 656 days late
20-04
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 263 days late
01-04
Bankruptcy Judicial dissolution and immediate closure
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen
2019
31-12
Financial Liquidity triplescurrent ratio 1.80
Current ratio from 0.58 to 1.80; short-term debt falls from €7,715 to €7,103.
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
6 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, Antwerpen · 1 establishment unit since 2017
seat establishment The establishment unit on the map
Ground area
130 m²
Building footprint
111 m²
Volume, LiDAR
1,434 m³
Parcel 11802B0686/00A000, Flanders · tallest building 18.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
SIMAR
Varkensmarkt 4, 2000 AntwerpenCafés and bars
since 20172.267.329.567
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11802B0686/00A000 Flanders 130 m² 1 · 111 m² 18.8 m · 5 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.

Insolvency mandates

1 mandate
Role Name Tenure
Curator PHILIPPE TERMOTE
COCKERILLKAAI 18, 2000 ANTWERPEN 1
10-04-2025 → present

Recognitions · licences · registrations

Food safety, FASFC

1 site
Antwerpen2.267.329.567
1 permission
Drankgelegenheid · since 04-08-2017

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded04-08-2017
Fiscal year end31-12
Trade name NL Bezemsteeltje
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.