Turnover
The micro format states no turnover.
The micro format states no turnover.
Green is investment, beige is depreciation.
The 2020 accounts came latest: 61 days after the end of the period.
The dashed line is the sector median: 0.2% across 12,672 companies (NACE 82, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 82, micro). It does better than 39% of them on solvency, 59% on liquidity, 87% on profitability and 99% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 26,972 companies had the same profile as SIMAR EVENT has now. Each dot stands for 68 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of SIMAR EVENT itself is lower: 0.1% within 12 months. It rests on far more data about SIMAR EVENT than the profile alone.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for SIMAR EVENT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is tight, with a current ratio of 1.32 (0.96 in 2024), below the usual 1.5. Short-term debt is 66.2% and cash 48.5% of total assets. 66.2% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 6 accounts on average 20 days after the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| SIMAR EVENT Herve | €66,552 | €34,870 | 33.8% | - |
| Day & Night Anzegem | €69,508 | €28,506 | 73.8% | - |
| EVENTSTARS / STARTECH Geel | €58,628 | €37,639 | -30.7% | - |
| GDB INVEST Knokke-Heist | €65,027 | €24,787 | -48.8% | - |
| LAMIFA Liège | €58,943 | €40,864 | 29.4% | - |
| IMPACT COMMUNICATION Malmedy | €95,745 | €30,004 | 67.6% | - |
| SM ART ADVISORY Ixelles | €52,893 | €26,153 | 73.9% | - |
These companies have the same main activity as SIMAR EVENT: organisation of conventions and trade shows (NACE 82300). They are comparable in size and age: total assets between €52,900 and €95,700, founded between 2019 and 2021.
SIMAR EVENT files the micro format. That format states no turnover. The gross margin rose from €1,064 in 2020 to €34,870 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €79,000. Estimated: probably between €58,000 and €110,000.
Higher than 37% of 9,691 companies in 2025.
Higher than 37% of 9,309 companies in 2025.
Higher than 81% of 9,433 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff costs divided by the average number of full-time equivalents.
In 2025, 13 people joined and 14 left.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
66,552 | 66,984 | 63,117 | 44,845 | 59,622 | 35,839 | |
21/28 |
8,613 | 948 | 2,154 | 1,954 | 2,780 | 10,526 | |
22/27 |
8,613 | 948 | 2,154 | 1,954 | 2,780 | 10,526 | |
23 |
267 | 948 | 2,154 | 1,954 | 2,780 | 3,607 | |
24 |
8,347 | - | - | - | - | 6,919 | |
29/58 |
57,939 | 66,036 | 60,962 | 42,891 | 56,841 | 25,314 | |
3 |
16,763 | 13,734 | 26,653 | 20,215 | 20,820 | 10,273 | |
30/36 |
16,763 | 13,734 | 26,653 | 20,215 | 20,820 | 10,273 | |
40/41 |
7,012 | 14,938 | 11,385 | 7,653 | 18,068 | 4,578 | |
40 |
5,590 | 14,285 | 10,626 | 4,264 | 14,529 | 3,250 | |
41 |
1,422 | 653 | 760 | 3,389 | 3,538 | 1,327 | |
54/58 |
32,282 | 36,672 | 20,719 | 11,077 | 17,909 | 9,905 | |
490/1 |
1,882 | 692 | 2,205 | 3,945 | 45 | 559 | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
66,552 | 66,984 | 63,117 | 44,845 | 59,622 | 35,839 | |
10/15 |
22,519 | -2,125 | -2,384 | 15,996 | 15,463 | 6,392 | |
10/11 |
10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | |
14 |
12,519 | -12,125 | -12,384 | 5,996 | 5,463 | -3,608 | |
17/49 |
44,034 | 69,108 | 65,501 | 28,849 | 44,158 | 29,448 | |
42/48 |
44,034 | 69,108 | 65,501 | 28,849 | 44,158 | 29,448 | |
44 |
9,046 | 10,814 | 15,099 | 6,575 | 19,803 | 11,098 | |
440/4 |
9,046 | 10,814 | 15,099 | 6,575 | 19,803 | 11,098 | |
45 |
9,656 | 8,209 | 4,716 | 1,537 | 1,676 | 89 | |
450/3 |
9,176 | 5,821 | 4,716 | 287 | 426 | 89 | |
454/9 |
480 | 2,388 | - | 1,250 | 1,250 | - | |
47/48 |
25,332 | 50,085 | 45,685 | 20,736 | 22,680 | 18,260 | |
| Income statement | |||||||
9900 |
34,870 | 5,511 | -14,559 | 4,423 | 13,671 | 1,064 | |
62 |
954 | 1,013 | - | - | - | - | |
630 |
2,999 | 1,207 | 940 | 826 | 826 | 3,327 | |
640/8 |
922 | 1,536 | 1,177 | 1,532 | 913 | 1,324 | |
9901 |
29,994 | 1,755 | -16,676 | 2,065 | 11,932 | -3,588 | |
75/76B |
- | - | 12 | 1 | 47 | 35 | |
75 |
- | - | 12 | 1 | 47 | 35 | |
65/66B |
1,756 | 1,194 | 1,404 | 1,246 | 2,779 | 1 | |
65 |
1,756 | 1,194 | 1,404 | 1,246 | 2,779 | 1 | |
9903 |
28,238 | 560 | -18,069 | 820 | 9,200 | -3,554 | |
67/77 |
3,595 | 301 | 311 | 287 | 128 | 54 | |
9904 |
24,643 | 259 | -18,380 | 533 | 9,072 | -3,608 | |
9905 |
24,643 | 259 | -18,380 | 533 | 9,072 | -3,608 | |
| Appropriation of the result | |||||||
9906 |
12,519 | -12,125 | -12,384 | 5,996 | 5,463 | -3,608 | |
14P |
-12,125 | -12,384 | 5,996 | 5,463 | -3,608 | - | |
| Social balance sheet | |||||||
9087 |
1.1 | 0.8 | - | - | - | - | |
Hours worked1013 |
56 | 60 | - | - | - | - | |
| Document | |||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 19-08-2026.
2025 annual accounts filed 19 days after the deadline. Filed on 19 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00407340.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 19-08-2026 | 2026-00407340 | |
| 31-12-2024 | micro format | 17-08-2025 | 2025-00384235 | |
| 31-12-2023 | micro format | 26-08-2024 | 2024-00379272 | |
| 31-12-2022 | micro format | 13-08-2023 | 2023-00328721 | |
| 31-12-2021 | micro format | 15-07-2022 | 2022-20211087 | |
| 31-12-2020 | micro format | 30-09-2021 | 2021-70800445 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| 32,993 | 2,961 | -15,736 | 2,891 | 12,758 | -261 | ||
| 27,642 | 1,466 | -17,440 | 1,359 | 9,898 | -281 | ||
| 10,664 | 0 | 1,140 | 0 | -6,919 | 12,625 | ||
| -4,390 | 15,954 | 9,641 | -6,831 | 8,004 | - | ||
| 13,905 | -3,072 | -4,538 | 14,042 | 12,683 | -4,134 | ||
| 33.8% | -3.2% | -3.8% | 35.7% | 25.9% | 17.8% | ||
| 1.32 | 0.96 | 0.93 | 1.49 | 1.29 | 0.86 | ||
| 0.94 | 0.76 | 0.52 | 0.79 | 0.82 | 0.51 | ||
| 1.96 | - | - | 1.80 | 2.86 | 4.61 | ||
| 109.4% | - | - | 3.3% | 58.7% | -56.5% | ||
| 37.0% | 0.4% | -29.1% | 1.2% | 15.2% | -10.1% | ||
| 18.79 | 2.48 | -11.21 | 2.32 | 4.59 | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2025 | 31-12-2024 |
|---|---|---|
| Employees at the balance-sheet date | - | 1 |
| part-time | - | 1 |
| in full-time equivalents | - | 0.1 |
| 0.1 | 0.1 | |
| Joined | 13 | 10 |
| Left | 14 | 9 |
Source: social balance sheet in the 2024 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €10,664 | - | €1,140 | - | - |
| €2,999 | €1,207 | €940 | €826 | €826 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is over 17 times that of 2024 and the highest since 2020. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total is 66.2%.
1 other company of this director went bankrupt (2023).
Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it.
SIMAR EVENT has no parent and no holdings in its annual accounts. SIMAR Antoine Jean Joël Ghislain is the only director.
| RSI MANAGEMENT
establishment since 22-01-2020 · founded in 2020 |
total assets €83,415 (2025) 0741.864.413 |
| Philippe SIMAR
registered office since 19-06-2018 · founded in 2018 |
total assets €73,610 (2025) 0698.575.786 |
| LES AMIS D'ANTOINE
registered office since 28-10-2025 |
founded in 2025 1029.725.670 |
The connected companies are in the list below.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
On 6 January 2020, SIMAR EVENT was incorporated as a private limited company.1 SIMAR Antoine Jean Joël Ghislain has served as director since 2020.2 Total assets went from €35,839 in 2020 to €66,552 in 2025.3
| Establishment | Since | Unit number | FASFC approval |
|---|---|---|---|
| SIMAR EVENT - Apéro By Antoine registered office Rue de la Chapelle 38, 4650 Herve | 06-01-2020 | 2.298.742.622 | Itinerant food vendors Retail trade |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 63030A0056/00C000 | 952 m² | 1 · 116 m² | 8.0 m · 2 |
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