Equity
-€7,429
Debts exceed assets in financial year 2025.
SIMASA
Lifetime
3 annual accounts with figures on one time axispeak €187,666 (2023)
€152,139▲ 29.7%
lowest -€26,091 (2023)
€5,624▲ €22,986
peak €4,309 (2023)
-€7,429▲ €5,624
€77,278▼ 15.9%
Board1 name since 2022
1 director
Documentsfilings and deeds
14-10-202675 days late
2025micro format
Gross margin from €117,310 to €152,139Back to profit: €5,624Equity from -€13,053 to -€7,429Debts from €91,888 to €77,278
Key points
from the 2025 annual accountsTurnover
≈ €760,000 estimated
The micro format states no turnover.
Debts
€77,278 111% of the balance sheet
Suppliers 43%Taxes and wages 57%
Staff
7 employees on 31-12-2025
In 2025, 10 people joined and 9 left.
Filings
3 annual accounts 75 days
Latest accounts filed late: after the legal deadline.
Position in the sector
-€7,429
Less equity than 81% of companies in retail trade. Sector median €40,895 · 25,288 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,017 companies had the same profile as SIMASA has now. Each dot stands for 3 companies, two years later.
89.2%
were still trading
4.0%
stopped another way
6.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 1,017 companies, not a prediction for SIMASA. 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.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0785748795
Incorporation
Founder: · Appointment: (director) · Registered office clause: Rue de Pintamont 21, 7800 Ath · published on 09-05-2022 · Gazette deed
First establishment
Chez Pilate, Rue de Pintamont 21, Ath
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SIMASA Ath | €69,850 | €152,139 | -10.6% | - |
| FALCON CHOCOLAIT Beaumont | €85,020 | €106,821 | 39.5% | - |
| WH SHOP Villers-le-Bouillet | €96,767 | €104,194 | 74.3% | 1.9 |
| Royaume des Bonbons No.1. Sint-Pieters-Leeuw | €67,184 | €138,931 | 40.1% | - |
| De Essentie Bruges | €87,108 | €173,572 | 22.4% | - |
| TAMU Sint-Martens-Latem | €115,299 | €149,000 | 6.8% | - |
| NEVERMIND Binche | €84,803 | €144,902 | 22.5% | - |
These companies have the same main activity as SIMASA: retail sale of chocolate and confectionery (NACE 47242). They are comparable in size and age: total assets between €67,200 and €115,000, founded between 2018 and 2023.
Official details
Source: KBO- Status
- Active since 05-05-2022Normal situation
- Activity
- Retail sale of chocolate and confectioneryNACE 47242and 4 others
- Joint committee
- 201Independent retail · annual accounts 2025
- Establishment unit
- 2.331.132.0117800 Ath, since 05-05-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 29-12-2025
Annual accounts 2025
- €69,850▼ 11.4%
- Employeeson 31-12-2025
- 7▲ 16.7%
- Filing
- Filed on 14-10-2026
Insights on SIMASA
SIMASA files the micro format. That format states no turnover. The gross margin fell from €187,666 in 2023 to €152,139 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SIMASA
- What is the company number of SIMASA?
- The company number of SIMASA is 0785.748.795. The VAT number is the same number with BE in front: BE 0785.748.795.
- Where is SIMASA based?
- The registered office is at Rue de Pintamont 21, 7800 Ath.Company details
- What does SIMASA do?
- According to the KBO register, the main activity is retail sale of chocolate and confectionery (NACE 47242).
- What is the legal form of SIMASA?
- SIMASA is a private limited company (BV).
- When was SIMASA founded?
- SIMASA was founded on 05-05-2022.
- Is SIMASA still active?
- Yes, SIMASA is an active enterprise in the KBO register.
- How many employees does SIMASA have?
- SIMASA had an average of 3.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does SIMASA fall under?
- In its 2025 annual accounts, SIMASA states joint committee 201 (Independent retail).
- What is the turnover of SIMASA?
- The turnover in financial year 2025 is ≈ €760,000. This figure is estimated from the gross margin of €152,139 and 44 comparable companies (NACE 472). It probably lies between €490,000 and €1.2m.
- Is SIMASA profitable?
- In financial year 2025, SIMASA made a profit of €5,624.
- Where can I find the annual accounts of SIMASA?
- SIMASA filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SIMASA due?
- SIMASA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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