Simar
ActiveSummary
Simar has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €47,873 and a net result of €3,603. Equity is shrinking by about 4.3% per year across the filed financial years. Its solvency ranks better than 31% of 2,056 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Alle verrichtingen die rechtstreeks of onrechtstreeks de uitbating van de bedrijven van de aandeelhouders kunnen optimaliseren,onder meer…” (deed in Dutch)
Text of the purpose (deed in Dutch)
“Alle verrichtingen die rechtstreeks of onrechtstreeks de uitbating van de bedrijven van de aandeelhouders kunnen optimaliseren,onder meer door het ter beschikking stellen van landbouwmachines voor het uitvoeren van landbouwwerken door leden aandeelhouders,landbouwers in hoofd- en bijberoep,alsook de gezamenlijke aankoop van goederen en diensten.”
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- SIMAR
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Overdracht onder levenden of overgang door overlijden aan derde, bestuursorgaan” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Tuesday of April at 20:00