SIMAR² COMPONENTS
Open bankruptcyAre you a creditor?
The judgment is more than a year old: a claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.
The procedure
- Court
- Enterprise Court of Antwerp, Tongeren division
- Declared bankrupt
- 26 July 2023
- Supervising judge
- Willem Corstjens
- Official Gazette
- 01-08-2023 (pdf) ↗search the document for 2023/130771
Deadlines
- Provisional date payments stopped
- 26 July 2023A later judgment can change the date.art. XX.105, Code of Economic Law
- Appeal or third-party opposition until
- passed on 16 August 2023Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
- File the claim in RegSol, the Belgian insolvency register, until
- passed on 25 August 2023art. XX.104 and XX.155, Code of Economic Law
- First verification report
- passed on 5 September 2023Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
- Late claim until
- passed on 26 July 2024A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law
Trustees
- Tom ArtsJaarbeurslaan 19, 3600 Genktom.arts@paqt.be
- Geert ReniersJaarbeurslaan 19, 3600 Genkgeert.reniers@paqt.be
- Ilona Lo GiudiceJaar- Beurslaan 19, 3600 Genkilona.logiudice@paqt.be
What to do now
- The deadlines to file your claim have passed, including for a late claim: that was possible until a year after the judgment.
- Ask the trustee whether anything will still be paid out and whether your claim was admitted.
- Follow the file in RegSol: the trustee's reports appear there.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.
The judgment is more than a year old: the deadline for a late claim (art. XX.165, Code of Economic Law) has passed too.
General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company
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Overview
- Equity
- -€75,347
- Loss
- -€111,391
- Parent
- VELDEMAN GROUP · 70%
Signalsraises riskOpen bankruptcyShow the evidence
Signals
Searched, nothing found (1)
- OpeningEnterprise Court of Antwerp, Tongeren…
- Reorganisation ended earlyEnterprise Court of Antwerp, Tongeren…
- Annual accounts filedfinancial year 2021 · full…
Financials · financial year 2021, full format
2021 annual accounts filed late (201 days) Filed on 17 February 2023, deadline 31 July 2022 (7 months after the close on 31 December 2021, Companies Code art. 3:10). Source: NBB, 2023-00029326.
2019 to 2021, 3 financial years
The operating result stays negative: a loss of €79,619 in 2021 against €91,322 in 2020; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 25, Manufacture of fabricated metal products, except machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Operating income70/76A | - | - | €508,697 | - |
| Turnover70 | €86,396 | €403,440 | €425,696 | ▲ 5.5% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | - | €23,001 | - |
| Other operating income74 | - | - | €60,000 | - |
| Operating charges60/66A | - | - | €588,315 | - |
| Goods for resale, raw materials and consumables60 | - | - | €208,032 | - |
| Purchases600/8 | - | - | €257,214 | - |
| Change in stocks: decrease (increase)609 | - | - | -€49,182 | - |
| Services and other goods61 | - | - | €239,228 | - |
| Remuneration, social security and pensions62 | - | - | €398 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €45,964 | €137,689 | €140,445 | ▲ 2.0% |
| Other operating charges640/8 | - | - | €212 | - |
| Operating profit (loss)9901 | -€72,930 | -€91,322 | -€79,619 | ▲ 12.8% |
| Financial income75/76B | - | - | €8,329 | - |
| Recurring financial income75 | €23,076 | €34,585 | €8,329 | ▼ 75.9% |
| Income from current assets751 | - | - | €2,599 | - |
| Other financial income752/9 | - | - | €5,730 | - |
| Financial charges65/66B | - | - | €40,101 | - |
| Recurring financial charges65 | €36,891 | €34,224 | €40,101 | ▲ 17.2% |
| Debt charges650 | €15,111 | €30,146 | €38,172 | ▲ 26.6% |
| Other financial charges652/9 | - | - | €1,930 | - |
| Profit (loss) for the period before taxes9903 | -€86,744 | -€90,962 | -€111,391 | ▼ 22.5% |
| Profit (loss) for the period9904 | -€86,744 | -€90,962 | -€111,391 | ▼ 22.5% |
| Profit (loss) for the period to be appropriated9905 | -€86,744 | -€90,962 | -€111,391 | ▼ 22.5% |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €1.1m | €0.9m | €1.1m | ▲ 17.7% |
| Formation expenses20 | €0.2m | €0.1m | €0.09m | ▼ 27.4% |
| Fixed assets21/28 | €0.8m | €0.7m | €0.8m | ▲ 10.7% |
| Tangible fixed assets22/27 | €0.8m | €0.7m | €0.8m | ▲ 10.7% |
| Land and buildings22 | - | - | €0.03m | - |
| Plant, machinery and equipment23 | - | - | €0.7m | - |
| Current assets29/58 | €0.2m | €0.1m | €0.2m | ▲ 115% |
| Stocks and contracts in progress3 | €0.05m | €0.05m | €0.1m | ▲ 143% |
| Stocks30/36 | - | - | €0.1m | - |
| Raw materials and consumables30/31 | - | - | €0.1m | - |
| Work in progress32 | - | - | €0.002m | - |
| Finished goods33 | - | - | €0.02m | - |
| Amounts receivable within one year40/41 | €0.1m | €0.05m | €0.09m | ▲ 60.6% |
| Trade receivables40 | - | - | €0.03m | - |
| Other amounts receivable41 | - | - | €0.06m | - |
| Cash at bank and in hand54/58 | €0.002m | €0.002m | €0.02m | ▲ 848% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €1.1m | €0.9m | €1.1m | ▲ 17.7% |
| Equity10/15 | -€0.03m | -€0.1m | -€0.08m | ▲ 35.2% |
| Contributions10/11 | €0.06m | €0.06m | €0.06m | = |
| Capital10 | - | - | €0.06m | - |
| Issued capital100 | - | - | €0.1m | - |
| Uncalled capital101 | - | - | €0.04m | - |
| Revaluation surpluses12 | - | - | €0.2m | - |
| Profit (loss) carried forward14 | -€0.09m | -€0.2m | -€0.3m | ▼ 62.7% |
| Amounts payable17/49 | €1.1m | €1.0m | €1.2m | ▲ 11.8% |
| Amounts payable after more than one year17 | €0.7m | €0.8m | €0.9m | ▲ 10.9% |
| Financial debts170/4 | - | - | €0.9m | - |
| Credit institutions173 | - | - | €0.2m | - |
| Other loans174 | - | - | €0.7m | - |
| Amounts payable within one year42/48 | €0.4m | €0.3m | €0.3m | ▲ 14.3% |
| Current portion of amounts payable after more than one year42 | - | - | €0.2m | - |
| Trade debts44 | €0.2m | €0.1m | €0.1m | ▲ 25.0% |
| Suppliers440/4 | - | - | €0.1m | - |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€86,744 | -€90,962 | -€111,391 | ▼ 22.5% |
| + Depreciation and write-downs630 | €45,964 | €137,689 | €140,445 | ▲ 2.0% |
| Operating cash flow (approximation) | -€40,780 | €46,727 | €29,054 | ▼ 37.8% |
| Investment in fixed assets (approximation) | - | -€53,957 | -€214,829 | ▼ 298% |
| Change in cash | - | €213 | €18,922 | ▲ 89× |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2021 | full format | 17-02-2023 | 2023-00029326 |
| 31-12-2020 | full format | 29-07-2021 | 2021-42200454 |
| 31-12-2019 | full format | 02-10-2020 | 2020-58200525 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Insolvency mandates
3 mandates| Role | Name | Tenure |
|---|---|---|
| Trustee | Tom Arts Jaarbeurslaan 19, 3600 Genk |
26-07-2023 → present |
| Trustee | Geert Reniers Jaarbeurslaan 19, 3600 Genk |
26-07-2023 → present |
| Trustee | Ilona Lo Giudice Jaar- Beurslaan 19, 3600 Genk |
26-07-2023 → present |
Owners and capital
Owners
1 ownerChain of control
- VELDEMAN GROUP
- SIMAR² COMPONENTS
Highest known parent: VELDEMAN GROUP. The sources do not say who stands above it.
Owners 1
- VELDEMAN GROUPparent70%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Group and network
Connections & network
The network starts from this company’s shareholders. What else they own or run appears here as nodes.
History
Acts, filings and financial milestones
About the unread acts
We know of 2 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Register details
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
Register as of 25 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71562B0913/00A005 | Flanders | 4.8 ha | 1 · 2.7 ha | 8.1 m · 2 |