SIMARA
ActiveSummary
SIMARA has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €732,508 and a net result of €3,973. Equity remains stable across the filed fiscal years (±1.6% per year). The computed 12-month bankruptcy probability is 0.4% (very low).
Financials · fiscal year 2025, abbreviated schema
2021 to 2025, 5 fiscal years 2018 to 2025, 8 fiscal years
The operating result returns to profit in 2025: €18,215 after a loss of €10,822 in 2024, the highest result in the available series.
What the company sold each fiscal 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.
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.
Peer companies
Historical observationOf the 14,740 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,366 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
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 14,740 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,803 | €12,803 | €12,803 | €12,803 | €18,492 | €46,297 | €37,487 | €57,902 | ▲ 54.5% |
| Other operating charges640/8 | - | - | - | €3,058 | €3,959 | €8,211 | €10,471 | €13,496 | ▲ 28.9% |
| Gross operating margin9900 | €725,157 | €3,380 | €1,388 | €579 | €552 | €40,231 | €37,136 | €89,612 | ▲ 141% |
| Operating profit (loss)9901 | €707,964 | -€11,914 | -€14,456 | -€15,282 | -€21,899 | -€14,277 | -€10,822 | €18,215 | ▲ 268% |
| Financial income75/76B | - | - | - | €0 | - | €64 | €33 | €200 | ▲ 503% |
| Recurring financial income75 | €369 | €743 | €927 | €0 | - | €64 | €33 | €200 | ▲ 503% |
| Financial charges65/66B | - | - | - | €26 | €40 | €69 | €66 | €22,894 | ▲ 34,842% |
| Recurring financial charges65 | €4,623 | €13 | €26 | €26 | €40 | €69 | €66 | €22,894 | ▲ 34,842% |
| Profit (loss) for the period before taxes9903 | €703,710 | -€11,184 | -€13,555 | -€15,307 | -€21,939 | -€14,282 | -€10,855 | -€4,479 | ▲ 58.7% |
| Transfer from deferred taxes780 | - | - | - | €535 | €1,404 | €1,404 | €1,404 | €8,489 | ▲ 505% |
| Income taxes67/77 | €5 | €3 | -€8 | €0 | - | €7,368 | €0 | €36 | - |
| Profit (loss) for the period9904 | €494,557 | -€10,460 | -€13,012 | -€14,772 | -€20,535 | -€20,246 | -€9,451 | €3,973 | ▲ 142% |
| Transfer from tax-exempt reserves789 | - | - | - | €1,605 | €4,211 | €4,211 | €4,211 | €45,032 | ▲ 969% |
| Profit (loss) for the period to be appropriated9905 | -€3,673 | -€9,047 | -€11,407 | -€13,168 | -€16,324 | -€16,035 | -€5,240 | €49,005 | ▲ 1,035% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.0m | €1.0m | €1.0m | €1.0m | €1.3m | €1.2m | €1.3m | €2.3m | ▲ 69.6% |
| Fixed assets21/28 | €0.3m | €0.3m | €0.3m | €0.3m | €1.2m | €1.1m | €1.1m | €2.0m | ▲ 82.1% |
| Tangible fixed assets22/27 | €0.3m | €0.3m | €0.3m | €0.3m | €1.2m | €1.1m | €1.1m | €1.5m | ▲ 36.9% |
| Land and buildings22 | - | - | - | €0.3m | €1.2m | €1.1m | €1.1m | €1.5m | ▲ 37.5% |
| Plant, machinery and equipment23 | - | - | - | €0.03m | €0.02m | €0.02m | €0.02m | €0.02m | ▲ 7.6% |
| Financial fixed assets28 | - | - | - | - | - | - | - | €0.5m | - |
| Current assets29/58 | €0.7m | €0.7m | €0.7m | €0.7m | €0.07m | €0.1m | €0.2m | €0.2m | ▲ 8.0% |
| Amounts receivable within one year40/41 | €0.01m | €0.009m | €0.01m | €0 | - | €19 | €29 | €0.2m | ▲ 694,188% |
| Other amounts receivable41 | - | - | - | €0 | - | €19 | €29 | €0.2m | ▲ 694,188% |
| Cash at bank and in hand54/58 | €0.7m | €0.7m | €0.7m | €0.7m | €0.07m | €0.1m | €0.2m | €0.04m | ▼ 82.9% |
| Deferred charges and accrued income490/1 | - | - | - | - | €0.005m | €0.002m | €0.002m | €0.002m | ▲ 3.0% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.0m | €1.0m | €1.0m | €1.0m | €1.3m | €1.2m | €1.3m | €2.3m | ▲ 69.6% |
| Equity10/15 | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | €0.7m | €0.7m | €0.7m | ▼ 0.1% |
| Contributions10/11 | €0.09m | €0.09m | €0.09m | €0.09m | €0.09m | €0.09m | €0.09m | €0.09m | = |
| Capital10 | - | - | - | €0.09m | €0.09m | €0.09m | €0.09m | €0.09m | = |
| Issued capital100 | - | - | - | €0.09m | €0.09m | €0.09m | €0.09m | €0.09m | = |
| Reserves13 | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.5m | ▼ 8.4% |
| Non-distributable reserves130/1 | - | - | - | €0.009m | €0.009m | €0.009m | €0.009m | €0.009m | = |
| Legal reserve130 | - | - | - | €0.009m | €0.009m | €0.009m | €0.009m | €0.009m | = |
| Tax-exempt reserves132 | - | - | - | €0.6m | €0.6m | €0.6m | €0.6m | €0.5m | ▼ 8.9% |
| Distributable reserves133 | - | - | - | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Profit (loss) carried forward14 | €0.1m | €0.1m | €0.1m | €0.09m | €0.08m | €0.06m | €0.06m | €0.1m | ▲ 88.2% |
| Provisions and deferred taxes16 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 2.2% |
| Deferred taxes168 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 2.2% |
| Amounts payable17/49 | €0.004m | €0.002m | €0.03m | €0.02m | €0.3m | €0.3m | €0.4m | €1.3m | ▲ 224% |
| Amounts payable after more than one year17 | - | - | - | - | - | €0.004m | €0.004m | €0.8m | ▲ 23,778% |
| Financial debts170/4 | - | - | - | - | - | - | - | €0.8m | - |
| Other amounts payable178/9 | - | - | - | - | - | €0.004m | €0.004m | €0.004m | = |
| Amounts payable within one year42/48 | €0.002m | €0.002m | €0.03m | €0.02m | €0.3m | €0.3m | €0.4m | €0.5m | ▲ 23.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | - | - | - | €0.08m | - |
| Trade debts44 | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | ▲ 47.0% |
| Suppliers440/4 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | ▲ 47.0% |
| Taxes, remuneration and social security45 | - | - | - | €0 | - | - | - | - | - |
| Taxes450/3 | - | - | - | €0 | - | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €0.01m | €0.3m | €0.3m | €0.4m | €0.4m | ▲ 5.0% |
| Accrued charges and deferred income492/3 | - | - | - | €0.001m | €0 | - | - | €0.002m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €494,557 | -€10,460 | -€13,012 | -€14,772 | -€20,535 | -€20,246 | -€9,451 | €3,973 | ▲ 142% |
| + Depreciation and write-downs630 | €12,803 | €12,803 | €12,803 | €12,803 | €18,492 | €46,297 | €37,487 | €57,902 | ▲ 54.5% |
| Operating cash flow (approximation) | €507,360 | €2,343 | -€209 | -€1,969 | -€2,044 | €26,050 | €28,036 | €61,875 | ▲ 121% |
| Investment in fixed assets (approximation) | - | -€0 | €0 | €0 | -€905,083 | €0 | €0 | -€967,293 | - |
| Change in cash | - | €1,049 | -€1,670 | -€2,939 | -€613,994 | €29,348 | €125,003 | -€185,050 | ▼ 248% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.