SIMARAN
ActiveSummary
SIMARAN has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.87M and a net result of €141k. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 71% of 37956 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
85
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability73▲+2
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €240k at 30 days acceptable
Liquidity ample (current ratio 7.3 against 15.09 in 2023; short-term debt: 8.9% and cash: 9.5% of total assets), and 24% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
76%
Return on assets
3.7%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-09-2025, 56 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
56 d late
2023
22 d early
2022
60 d late
2021
31 d late
2020
61 d late
2019
98 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€2.87M▲ 5.1%
2023 · €2.73M
2018: €3.36M
2019: €3.03M
2020: €2.58M
2021: €2.54M
2022: €2.67M
2023: €2.73M
2018 → 2024
Total assets
€3.78M▲ 6.4%
2023 · €3.55M
2018: €4.50M
2019: €4.02M
2020: €3.27M
2021: €3.50M
2022: €4.12M
2023: €3.55M
2018 → 2024
Net result
€141k▲ 120%
2023 · €64k
2018: €6k
2019: €-329k
2020: €-448k
2021: €-36k
2022: €124k
2023: €64k
2018 → 2024
Working capital
€2.12M▼ 1.3%
2023 · €2.15M
2018: €2.30M
2019: €2.34M
2020: €1.84M
2021: €1.61M
2022: €1.87M
2023: €2.15M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€2.58M-€2.54M▼ 1.4%€2.67M▲ 4.9%€2.73M▲ 2.4%€2.87M▲ 5.1%
Operating result€-497k-€-36k▲ 92.8%€133k€313k▲ 135%€154k▼ 50.8%
Net result€-448k-€-36k▲ 91.9%€124k€64k▼ 48.7%€141k▲ 120%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 51% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.78M
Fixed assets
€1.32M ▲ 5.7%
Current assets
€2.45M ▲ 6.8%
Equity and liabilities €3.78M
Equity
€2.87M ▲ 5.1%
Debt
€905k ▲ 10.6%
Debt's share of the balance-sheet total rises from 23.0% to 24.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€212k▼
2023 · €371k
Cash flow
€198k▲
2023 · €122k
Current ratio
7.30▼
2023 · 15.09
Debt to equity
0.31▲
2023 · 0.30
ROE
4.9%▲
2023 · 2.3%
ROA
3.7%▲
2023 · 1.8%
Interest coverage
10.28▼
2023 · 11.87
Debt ≤ 1 year
€336k▲
2023 · €152k
Debt > 1 year
€561k▼
2023 · €661k
Income taxes
€14k▲
2023 · €517
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 57 lines
Balance sheet
Code20232024
Assets
Total assets20/58€3.55M€3.78M▲
Fixed assets21/28€1.25M€1.32M▲
Tangible fixed assets22/27€1.20M€1.27M▲
Land and buildings22€1.20M€1.27M▲
Furniture and vehicles24€1k€800▼
Financial fixed assets28€53k€53k=
Current assets29/58€2.30M€2.45M▲
Amounts receivable after more than one year29€263k€395k▲
Trade receivables290€0-
Other amounts receivable291€263k€395k▲
Amounts receivable within one year40/41€763k€683k▼
Trade receivables40€5k€20k▲
Other amounts receivable41€758k€663k▼
Current investments50/53€1.04M€993k▼
Cash at bank and in hand54/58€212k€358k▲
Deferred charges and accrued income490/1€19k€25k▲
Equity and liabilities
Total equity and liabilities10/49€3.55M€3.78M▲
Equity10/15€2.73M€2.87M▲
Contributions10/11€73k€73k=
Reserves13€7k€148k▲
Non-distributable reserves130/1€7k€7k=
Reserves not available under the articles1311€7k€7k=
Distributable reserves133-€141k
Profit (loss) carried forward14€2.65M€2.65M=
Amounts payable17/49€818k€905k▲
Amounts payable after more than one year17€661k€561k▼
Financial debts170/4€661k€561k▼
Amounts payable within one year42/48€152k€336k▲
Current portion of amounts payable after more than one year42€99k€101k▲
Financial debts43-€801
Credit institutions430/8-€801
Trade debts44€5k€21k▲
Suppliers440/4€5k€21k▲
Taxes, remuneration and social security45€22k€37k▲
Taxes450/3€22k€37k▲
Other amounts payable47/48€26k€176k▲
Accrued charges and deferred income492/3€5k€8k▲
Income statement
Code20232024
Non-recurring operating income76A€48k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€58k€58k=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-45k
Other operating charges640/8€39k€80k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€410k€247k▼
Operating profit (loss)9901€313k€154k▼
Financial income75/76B€23k€21k▼
Recurring financial income75€23k€21k▼
Financial charges65/66B€272k€21k▼
Recurring financial charges65€31k€21k▼
Non-recurring financial charges66B€241k€0▼
Profit (loss) for the period before taxes9903€64k€155k▲
Income taxes67/77€517€14k▲
Profit (loss) for the period9904€64k€141k▲
Profit (loss) for the period to be appropriated9905€64k€141k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2.65M€2.79M▲
Profit (loss) brought forward from the previous period14P€2.59M€2.65M▲
Transfer to equity691/2-€141k
To other reserves6921-€141k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 56 days late
2024
31-12
Financial
Highest result since 2018net €141k ▲120%
Net result €141k, the highest in the series.
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity quadruplescurrent ratio 15.09
Current ratio from 3.76 to 15.09; short-term debt falls from €680k to €152k.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-12
Financial
Back to profitnet €124k
Net result €124k after 3 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial
Weakest financial yearnet €-448k
Net result drops to €-448k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity quadruplescurrent ratio 23.39
Current ratio from 6.22 to 23.39; short-term debt falls from €448k to €82k.
06-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 98 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
Show earlier events
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
25-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Liège · 1 establishment unit since 2010
Ground area
205 m²
Building footprint
113 m²
Volume, LiDAR
837 m³
Parcel 62807A1220/00K013, Wallonia · tallest building 8.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SAMIRAN
since 20102.290.198.605
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62807A1220/00K013 | Wallonia | 205 m² | 1 · 113 m² | 8.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
967600UQ8RDQ3HCXWP26
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 16,288 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-02-2010
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
66300Activities auxiliary to financial services and insurance activities
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.