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SIMARI

Active
Private limited companyfounded 2016active for 10 yearsChemin des Maréchaux 23, 1300 Wavre, BelgiumKBO/BCE: BE 0661.871.778
Summary

The annual accounts of SIMARI for financial year 2025 show a net loss of 73% of the equity at the start of that year. The 2025 annual accounts show equity of €2,129 and a net result of -€5,896. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 21% of 17,119 sector peers (NACE 68, financial year 2025). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Official details

Source: KBO
Status
Active since 31-08-2016 Normal situation
Activity
Buying and selling of own real estate NACE 68110
Establishment unit
2.257.597.103 1300 Wavre, since 01-10-2016
Financial year end
31 December
Peppol
Reachable since 23-05-2024

Board and ownership

Board

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.0%
Annual accounts 2025
Gross margin
-€5,383
▼ 11.9%
Loss
€5,896
▲ 9.5%
Equity
€2,129
▼ 73.5%
Total assets
€327,134
▲ 2.1%
Turnover not published (micro format)
Filed on 18-05-2026, 74 days before the deadline
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year1 change of registered office in 24 monthsLiquidity: current ratio 4.36, cash €1,057lowers riskSector: Real estate activities (NACE 68)Size: total assets €327,134Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 23% of micro companies in real estate (NACE 68)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 26-2
equity 0.7% of total assets
Liquidity 42-2
short-term debt 22.9% · cash 0.3%
Profitability 33+16
return on assets -1.8%
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,625 companies, NACE 68, micro)
Last 24 months 12-2024: 0.6% 01-2025: 0.6%● unchanged vs 12-2024lowest value 02-2025: 0.6%● unchanged vs 01-2025lowest value 03-2025: 0.6%● unchanged vs 02-2025lowest value 04-2025: 1.1%▲ +0.5 percentage points vs 03-2025highest value 05-2025: 1.1%● unchanged vs 04-2025highest value 06-2025: 1.1%● unchanged vs 05-2025highest value 07-2025: 1.1%● unchanged vs 06-2025highest value 08-2025: 1.1%● unchanged vs 07-2025highest value 09-2025: 1.1%● unchanged vs 08-2025highest value 10-2025: 1.1%● unchanged vs 09-2025highest value 11-2025: 1.1%● unchanged vs 10-2025highest value 12-2025: 1.1%● unchanged vs 11-2025highest value 01-2026: 1.1%● unchanged vs 12-2025highest value 02-2026: 1.0%▼ -0.1 percentage points vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 1.0%● unchanged vs 05-2026 07-2026: 1.0%● unchanged vs 06-2026 08-2026: 1.0%● unchanged vs 07-2026 09-2026: 1.0%● unchanged vs 08-2026 10-2026: 1.0%● unchanged vs 09-2026 11-2026: 1.0%● unchanged vs 10-2026
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is ample, with a current ratio of 4.36 (5.14 in 2024), above the usual 1.5. Short-term debt is 22.9% and cash 0.3% of total assets. However, 99.3% of the assets are financed with debt and provisions.
Calculation

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 68, micro). It does better than 20% of them on solvency, 36% on liquidity, 28% on profitability and 8% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Liquidity: current ratio 4.36, cash €1,057
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
lowers risk · Size: total assets €327,134
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€5,896
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 17119 sector peers (2025).
NBB · sector comparison
Position among 17119 sector peers
Solvency
better than 21%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-05-2026, 74 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
74 days early
2024
142 days early
2023
on the day
2022
7 days late
2021
34 days early
2020
31 days late
2019
91 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 17 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 June (4 of the last 5 accounts filed within 41 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€5,896 View

Recent changes

  1. · Gazette deed Registered office moved from Gembloux to Wavre
  2. · Gazette deed Changes of role: LEDEGANCK Marie Isabelle Andrée (director) and PAULUS Simon Jacques Joseph Ghislain (director)
  3. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as SIMARI: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €293,000 and €346,000, founded between 2015 and 2017.

CompanyTotal assetsGross margin
SIMARI Wavre€327,134-€5,383
PYGMALION Perwez€295,429-€8,146
ORATA Ingelmunster€320,601-€53,400
D&L Brugge€303,200-€34,398
Van Nuffelen Projects Zoersel€345,618-€2,019
AD IMMO PRO Ans€292,807-€10,500
AH Project Rumst€345,792-€1,561
Full comparison

Key facts about SIMARI

What is the company number of SIMARI?
The company number of SIMARI is 0661.871.778. The VAT number is the same number with BE in front: BE 0661.871.778.
Where is SIMARI based?
The registered office is at Chemin des Maréchaux 23, 1300 Wavre.Company details
What does SIMARI do?
According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
What is the legal form of SIMARI?
The legal form of SIMARI is Private limited company (BV).
When was SIMARI founded?
SIMARI was founded on 31-08-2016.
Is SIMARI still active?
Yes, SIMARI is an active enterprise in the KBO register.
What is the turnover of SIMARI?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is SIMARI profitable?
In financial year 2025, SIMARI made a loss of €5,896.
Where can I find the annual accounts of SIMARI?
SIMARI filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SIMARI due?
SIMARI must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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