SIMARI
ActiveThe annual accounts of SIMARI for fiscal year 2025 show a net loss of 73% of the equity at the start of that year. The 2025 annual accounts show equity of €2k and a net result of €-6k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 21% of 13936 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
51
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability33▲+16
Solvency26▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; 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 ample (current ratio 4.36 against 5.14 in 2024; short-term debt: 22.9% and cash: 0.3% of total assets), but 99.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
0.7%
Return on assets
-1.8%
Age of the figures
9 mo
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 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-6k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 13936 sector peers (2025).
NBB · sector comparisonPosition among 13936 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 filingsDeviation from the deadline
2025
74 d early
2024
142 d early
2023
on the day
2022
7 d late
2021
34 d early
2020
31 d late
2019
91 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€2k▼ 73.5%
2024 · €8k
2018: €-22k
2019: €25k
2020: €18k
2021: €7k
2022: €30k
2023: €13k
2024: €8k
2018 → 2025
Total assets
€327k▲ 2.1%
2024 · €320k
2018: €543k
2019: €510k
2020: €94k
2021: €340k
2022: €319k
2023: €311k
2024: €320k
2018 → 2025
Net result
€-6k▼ 9.5%
2024 · €-5k
2018: €-26k
2019: €47k
2020: €-8k
2021: €-10k
2022: €23k
2023: €-17k
2024: €-5k
2018 → 2025
Working capital
€252k▼ 2.3%
2024 · €258k
2018: €-333k
2019: €59k
2020: €51k
2021: €291k
2022: €280k
2023: €263k
2024: €258k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€7k-€30k▲ 321%€13k▼ 55.3%€8k▼ 40.1%€2k▼ 73.5%
Operating result€-10k-€23k€-16k€-5k▲ 68.5%€-6k▼ 11.2%
Net result€-10k-€23k€-17k€-5k▲ 67.6%€-6k▼ 9.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €6k in 2025 against €5k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €327k
Equity
€2k▼ 73.5%
Debt
€325k▲ 4.1%
The debt ratio rises from 97.5% to 99.3%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
0.7%▼
2024 · 2.5%
Current ratio
4.36▼
2024 · 5.14
Quick ratio
0.02▼
2024 · 0.09
ROE
-277.0%▼
2024 · -67.1%
ROA
-1.8%▼
2024 · -1.7%
Debt
€325k▲
2024 · €312k
Debt ≤ 1 year
€75k▲
2024 · €62k
Debt > 1 year
€250k=
2024 · €250k
A ratio outside any meaningful range has been withheld (balance sheet total €327k, equity €2k).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€320k€327k▲
Current assets29/58€320k€327k▲
Stocks and contracts in progress3€315k€325k▲
Stocks30/36€315k€325k▲
Amounts receivable within one year40/41€5k€447▼
Trade receivables40€3k€300▼
Other amounts receivable41€2k€147▼
Cash at bank and in hand54/58€474€1k▲
Deferred charges and accrued income490/1€175€297▲
Equity and liabilities
Total equity and liabilities10/49€320k€327k▲
Equity10/15€8k€2k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-12k€-18k▼
Amounts payable17/49€312k€325k▲
Amounts payable after more than one year17€250k€250k=
Financial debts170/4€250k€250k=
Amounts payable within one year42/48€62k€75k▲
Trade debts44€3k€140▼
Suppliers440/4€3k€140▼
Other amounts payable47/48€59k€75k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0-
Other operating charges640/8€387€400▲
Gross operating margin9900€-5k€-5k▼
Operating profit (loss)9901€-5k€-6k▼
Financial income75/76B€0€1▲
Recurring financial income75€0€1▲
Financial charges65/66B€184€114▼
Recurring financial charges65€184€114▼
Profit (loss) for the period before taxes9903€-5k€-6k▼
Profit (loss) for the period9904€-5k€-6k▼
Profit (loss) for the period to be appropriated9905€-5k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-12k€-18k▼
Profit (loss) brought forward from the previous period14P€-7k€-12k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
11-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 7 days late
2022
31-12
Financial
Back to profitnet €23k
Net result €23k after 2 loss-making years.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity triplescurrent ratio 7.14
Current ratio from 2.23 to 7.14.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial
Back to profitnet €47k
Net result €47k after one loss-making year.
31-12
Financial
Liquidity times 35current ratio 1.13
Current ratio from 0.03 to 1.13.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Wavre · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Chemin des Maréchaux 231300 WavreGround area
1,603 m²
Building footprint
142 m²
Volume, LiDAR
1,014 m³
Parcel 25055D0519/00X000, Wallonia · tallest building 11.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Simari
since 20162.257.597.103
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25055D0519/00X000 | Wallonia | 1,603 m² | 1 · 142 m² | 11.8 m · 2 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.
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Of 7,321 companies in sector 68110 we hold annual accounts for 5,380. 795 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-08-2016
Fiscal year end31-12
Activities, NACEBEL
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:marie.ledeganck.pp@gmail.com
Phone:0477678848