SIMAV
ActiveSummary
The computed 12-month bankruptcy probability of SIMAV is 4.3% (elevated). For SIMAV, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€41,282) and a net result of -€15,757. Equity is shrinking by ~58.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 5687 sector peers (fiscal year 2023). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability0=
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
4.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2023Solvency, return and age of the figures
Solvency
-636.3%
Return on assets
-242.9%
Age of the figures
33 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 4 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 06-10-2024, 67 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
67 d late
2022
60 d late
2021
155 d late
2020
520 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 201 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 48% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, micro schema
Equity
-€41,282▼ 61.7%
2022 · -€25,525
Total assets
€6,488▼ 2.5%
2022 · €6,654
Net result
-€15,757▲ 21.6%
2022 · -€20,108
Working capital
-€33,359▼ 22.1%
2022 · -€27,325
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2020202120222023
Operating result-€20,818--€1,802▲ 91.3%-€19,942▼ 1,006%-€15,484▲ 22.4%
Net result-€20,891below the sector's middle half--€1,917within the sector's middle half▲ 90.8%-€20,108below the sector's middle half▼ 949%-€15,757below the sector's middle half▲ 21.6%
Equity-€15,891below the sector's middle half--€8,837below the sector's middle half▲ 44.4%-€25,525below the sector's middle half▼ 189%-€41,282below the sector's middle half▼ 61.7%
Total assets€11,486below the sector's middle half-€12,868below the sector's middle half▲ 12.0%€6,654below the sector's middle half▼ 48.3%€6,488below the sector's middle half▼ 2.5%
Debt€27,376-€21,705▼ 20.7%€32,179▲ 48.3%€47,770▲ 48.5%
Working capital-€19,491--€11,537▲ 40.8%-€27,325▼ 137%-€33,359▼ 22.1%
Solvency-138.4%below the sector's middle half--68.7%below the sector's middle half▲ 69.7pp-383.6%below the sector's middle half▼ 314.9pp-636.3%below the sector's middle half▼ 252.7pp
above
within
below
the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings.
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 €15,484 in 2023 against €19,942 in 2022; the loss shrinks.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €6,488
Fixed assets
€900 ▼ 50.0%
Current assets
€5,588 ▲ 15.1%
Key figures and ratios
EBITDA
-€14,584▲
2022 · -€19,042
Cash flow
-€14,857▲
2022 · -€19,208
Current ratio
0.14▼
2022 · 0.15
Debt to equity
-1.16▲
2022 · -1.26
ROA
-242.9%▲
2022 · -302.2%
Interest coverage
-53.27▲
2022 · -114.81
Debt ≤ 1 year
€38,947▲
2022 · €32,179
Staff costs
€10,098
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €2,456 | -€39 | - | €10,098 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,818 | €900 | €900 | €900 | = |
| Other operating charges640/8 | €289 | €977 | €769 | €3,836 | ▲ 399% |
| Gross operating margin9900 | -€16,256 | €35 | -€18,273 | -€649 | ▲ 96.4% |
| Operating profit (loss)9901 | -€20,818 | -€1,802 | -€19,942 | -€15,484 | ▲ 22.4% |
| Financial charges65/66B | €72 | €114 | €166 | €274 | ▲ 65.1% |
| Recurring financial charges65 | €72 | €114 | €166 | €274 | ▲ 65.1% |
| Profit (loss) for the period before taxes9903 | -€20,891 | -€1,917 | -€20,108 | -€15,757 | ▲ 21.6% |
| Profit (loss) for the period9904 | -€20,891 | -€1,917 | -€20,108 | -€15,757 | ▲ 21.6% |
| Profit (loss) for the period to be appropriated9905 | -€20,891 | -€1,917 | -€20,108 | -€15,757 | ▲ 21.6% |
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €11,486 | €12,868 | €6,654 | €6,488 | ▼ 2.5% |
| Fixed assets21/28 | €3,600 | €2,700 | €1,800 | €900 | ▼ 50.0% |
| Intangible fixed assets21 | €3,600 | €2,700 | €1,800 | €900 | ▼ 50.0% |
| Current assets29/58 | €7,886 | €10,168 | €4,854 | €5,588 | ▲ 15.1% |
| Amounts receivable within one year40/41 | - | - | - | €188 | - |
| Other amounts receivable41 | - | - | - | €188 | - |
| Current investments50/53 | - | - | €4,854 | - | - |
| Cash at bank and in hand54/58 | €7,886 | €10,168 | - | €5,400 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €11,486 | €12,868 | €6,654 | €6,488 | ▼ 2.5% |
| Equity10/15 | -€15,891 | -€8,837 | -€25,525 | -€41,282 | ▼ 61.7% |
| Contributions10/11 | €5,000 | €13,970 | €17,390 | €17,390 | = |
| Capital10 | - | - | €17,390 | €17,390 | = |
| Issued capital100 | - | - | €19,000 | €19,000 | = |
| Uncalled capital101 | - | - | €1,610 | €1,610 | = |
| Profit (loss) carried forward14 | -€20,891 | -€22,807 | -€42,915 | -€58,672 | ▼ 36.7% |
| Amounts payable17/49 | €27,376 | €21,705 | €32,179 | €47,770 | ▲ 48.5% |
| Amounts payable within one year42/48 | €27,376 | €21,705 | €32,179 | €38,947 | ▲ 21.0% |
| Trade debts44 | €204 | €705 | €1,692 | €2,569 | ▲ 51.9% |
| Suppliers440/4 | €204 | €705 | €1,692 | €2,569 | ▲ 51.9% |
| Taxes, remuneration and social security45 | €26,549 | €20,742 | €30,117 | €36,377 | ▲ 20.8% |
| Taxes450/3 | €633 | €1,012 | €4,887 | €3,012 | ▼ 38.4% |
| Remuneration and social security454/9 | €25,916 | €19,730 | €25,230 | €33,365 | ▲ 32.2% |
| Other amounts payable47/48 | €623 | €258 | €370 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €8,823 | - |
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€20,891 | -€1,917 | -€20,108 | -€15,757 | ▲ 21.6% |
| + Depreciation and write-downs630 | €1,818 | €900 | €900 | €900 | = |
| Operating cash flow (approximation) | -€19,073 | -€1,017 | -€19,208 | -€14,857 | ▲ 22.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - |
| Change in cash | - | €2,282 | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
06-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 67 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
02-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 155 days late
02-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 520 days late
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Aalst · 1 establishment unit since 2019
Ground area
80 m²
Building footprint
80 m²
Volume, LiDAR
629 m³
Parcel 41303D0936/00A000, Flanders · tallest building 11.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
KAPSALON DERIK
since 20192.295.707.710
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41303D0936/00A000 | Flanders | 80 m² | 1 · 80 m² | 11.7 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
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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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 21,734 companies in sector 96210 we hold annual accounts for 2,835. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-10-2019
Fiscal year end31-12
Activities, NACEBEL 2025
96210Hairdressing and barber services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0736861686
Registered
27-03-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.