SIMBA 5
ActiveSummary
SIMBA 5 has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.6m and a net result of €30,289. Equity is growing by about 4.8% per year across the filed financial years. Its solvency ranks better than 80% of 2,289 sector peers (NACE 63, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Financials · financial year 2025, micro format
In the rankings
#2 company by total assets in Herent, Telecoms and IT sector#2 company by equity in Herent, Telecoms and IT sector
Equity
€1.6m▲ 141%
2024 · €681,723
Total assets
€2.0m▲ 175%
2024 · €725,252
Net result
€30,289▲ 55.1%
2024 · €19,532
Working capital
€397,976▲ 10.1%
2024 · €361,568
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result recovers in 2025; 2025 is 68% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.04m
2025
Net result€0.03m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€2.0m
2025
Equity€1.6m
2025
Debt€0.04m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.4m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)1.5%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency82.6%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio12.00
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 63, Computing infrastructure, data processing, hosting and other information service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€0.1m-€0.04m▼ 59.7%€0.04m▼ 19.9%€0.03m▼ 3.3%€0.05m▲ 42.8%€0.02m▼ 55.4%€0.04m▲ 68.3%
Net result€0.07m-€0.03mwithin the sector's middle half▼ 60.1%€0.03mwithin the sector's middle half▼ 4.7%€0.02mwithin the sector's middle half▼ 28.6%€0.04mwithin the sector's middle half▲ 107%€0.02mwithin the sector's middle half▼ 50.7%€0.03mwithin the sector's middle half▲ 55.1%
Equity€0.5m-€0.6mabove the sector's middle half▲ 5.1%€0.6mabove the sector's middle half▲ 4.7%€0.6mabove the sector's middle half▲ 3.2%€0.7mabove the sector's middle half▲ 6.4%€0.7mabove the sector's middle half▲ 2.9%€1.6mabove the sector's middle half▲ 141%
Total assets€0.8m-€0.8mabove the sector's middle half▼ 1.8%€0.8mabove the sector's middle half▲ 0.3%€0.8mabove the sector's middle half▼ 0.4%€0.7mabove the sector's middle half▼ 3.4%€0.7mabove the sector's middle half▼ 0.3%€2.0mabove the sector's middle half▲ 175%
Debt€0.2m-€0.2m▼ 21.1%€0.1m▼ 15.9%€0.1m▼ 0.8%€0.07m▼ 50.1%€0.04m▼ 33.2%€0.04m▼ 16.9%
Working capital€0.3m-€0.3mabove the sector's middle half▲ 6.8%€0.3mabove the sector's middle half▲ 2.1%€0.3mabove the sector's middle half▼ 3.6%€0.3mabove the sector's middle half▲ 8.4%€0.4mabove the sector's middle half▲ 7.0%€0.4mabove the sector's middle half▲ 10.1%
Solvency71.4%-76.4%within the sector's middle half▲ 5.0pp79.8%above the sector's middle half▲ 3.3pp82.6%above the sector's middle half▲ 2.9pp91.0%above the sector's middle half▲ 8.4pp94.0%above the sector's middle half▲ 3.0pp82.6%above the sector's middle half▼ 11.4pp
Current ratio5.08-6.38above the sector's middle half▲ 1.306.15above the sector's middle half▼ 0.224.43above the sector's middle half▼ 1.737.13above the sector's middle half▲ 2.709.31above the sector's middle half▲ 2.1812.00above the sector's middle half▲ 2.70
Return on assets (ROA)9.2%-3.7%within the sector's middle half▼ 5.5pp3.6%within the sector's middle half▼ 0.2pp2.5%within the sector's middle half▼ 1.0pp5.4%within the sector's middle half▲ 2.9pp2.7%within the sector's middle half▼ 2.8pp1.5%within the sector's middle half▼ 1.2pp
Staff (FTE)0.2-
above
within
below
the middle half of NACE 63, Computing infrastructure, data processing, hosting and other information service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.0m
Fixed assets
€1.6m ▲ 387%
Current assets
€434,148 ▲ 7.2%
Equity and liabilities €2.0m
Equity
€1.6m ▲ 141%
Provisions
€311,135
Debt
€36,172 ▼ 16.9%
Debt's share of the balance-sheet total falls from 6.0% to 1.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€54,694▲
2024 · €39,082
Cash flow
€48,610▲
2024 · €36,995
Debt to equity
0.02▼
2024 · 0.06
ROE
1.8%▼
2024 · 2.9%
Interest coverage
over 100▲
2024 · 53.88
Debt ≤ 1 year
€36,172▼
2024 · €43,529
Income taxes
€14,674▲
2024 · €9,702
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20,353 | €20,144 | €20,860 | €20,134 | €17,012 | €17,463 | €18,321 | ▲ 4.9% |
| Other operating charges640/8 | - | - | €3,107 | €3,312 | €3,635 | €4,078 | €3,832 | ▼ 6.0% |
| Gross operating margin9900 | €123,566 | €67,057 | €59,066 | €57,392 | €69,129 | €43,160 | €58,526 | ▲ 35.6% |
| Operating profit (loss)9901 | €108,583 | €43,804 | €35,098 | €33,946 | €48,482 | €21,618 | €36,373 | ▲ 68.3% |
| Financial income75/76B | - | - | €7,271 | €7,674 | €7,879 | €8,341 | €8,743 | ▲ 4.8% |
| Recurring financial income75 | €4,755 | €5,805 | €7,271 | €7,674 | €7,879 | €8,341 | €8,743 | ▲ 4.8% |
| Financial charges65/66B | - | - | €2,358 | €1,772 | €1,222 | €725 | €152 | ▼ 79.0% |
| Recurring financial charges65 | €3,458 | €2,923 | €2,358 | €1,772 | €1,222 | €725 | €152 | ▼ 79.0% |
| Profit (loss) for the period before taxes9903 | €109,879 | €46,686 | €40,011 | €39,848 | €55,139 | €29,234 | €44,964 | ▲ 53.8% |
| Transfer from deferred taxes780 | - | - | - | €21,027 | - | - | - | - |
| Income taxes67/77 | €32,850 | €18,527 | €13,164 | €41,700 | €15,517 | €9,702 | €14,674 | ▲ 51.2% |
| Profit (loss) for the period9904 | €70,584 | €28,159 | €26,847 | €19,175 | €39,622 | €19,532 | €30,289 | ▲ 55.1% |
| Transfer from tax-exempt reserves789 | - | - | - | €50,058 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €48,845 | €28,159 | €26,847 | €69,233 | €39,622 | €19,532 | €30,289 | ▲ 55.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €0.8m | €0.8m | €0.8m | €0.8m | €0.7m | €0.7m | €2.0m | ▲ 175% |
| Fixed assets21/28 | €0.4m | €0.4m | €0.4m | €0.4m | €0.3m | €0.3m | €1.6m | ▲ 387% |
| Tangible fixed assets22/27 | €0.4m | €0.4m | €0.4m | €0.4m | €0.3m | €0.3m | €1.6m | ▲ 387% |
| Land and buildings22 | - | - | €0.4m | €0.3m | €0.3m | €0.3m | €1.5m | ▲ 397% |
| Plant, machinery and equipment23 | - | - | - | €297 | €0.001m | €0.003m | €0.009m | ▲ 178% |
| Furniture and vehicles24 | - | - | €0.01m | €0.01m | €0.009m | €0.007m | €0.01m | ▲ 50.7% |
| Current assets29/58 | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | ▲ 7.2% |
| Amounts receivable after more than one year29 | - | - | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | ▲ 6.8% |
| Other amounts receivable291 | - | - | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | ▲ 6.8% |
| Amounts receivable within one year40/41 | €0.002m | €0.02m | €0.001m | €0.02m | €93 | €208 | - | - |
| Trade receivables40 | - | - | - | €0.02m | - | - | - | - |
| Other amounts receivable41 | - | - | €0.001m | €10 | €93 | €208 | - | - |
| Cash at bank and in hand54/58 | €0.09m | €0.05m | €0.03m | €0.02m | €0.005m | €0.003m | €0.005m | ▲ 69.5% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €0.8m | €0.8m | €0.8m | €0.8m | €0.7m | €0.7m | €2.0m | ▲ 175% |
| Equity10/15 | €0.5m | €0.6m | €0.6m | €0.6m | €0.7m | €0.7m | €1.6m | ▲ 141% |
| Contributions10/11 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Capital10 | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Issued capital100 | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Revaluation surpluses12 | - | - | - | - | - | - | €0.9m | - |
| Reserves13 | €0.1m | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | €0.3m | ▲ 12.7% |
| Non-distributable reserves130/1 | - | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Legal reserve130 | - | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Tax-exempt reserves132 | - | - | €0.2m | €0.2m | - | - | - | - |
| Distributable reserves133 | - | - | - | - | €0.2m | €0.2m | €0.3m | ▲ 13.0% |
| Profit (loss) carried forward14 | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | = |
| Provisions and deferred taxes16 | €0.02m | €0.02m | €0.02m | - | - | - | €0.3m | - |
| Deferred taxes168 | - | - | €0.02m | - | - | - | €0.3m | - |
| Amounts payable17/49 | €0.2m | €0.2m | €0.1m | €0.1m | €0.07m | €0.04m | €0.04m | ▼ 16.9% |
| Amounts payable after more than one year17 | €0.1m | €0.1m | €0.07m | €0.04m | €0.01m | - | - | - |
| Financial debts170/4 | - | - | €0.07m | €0.04m | €0.01m | - | - | - |
| Amounts payable within one year42/48 | €0.07m | €0.06m | €0.06m | €0.09m | €0.06m | €0.04m | €0.04m | ▼ 16.9% |
| Current portion of amounts payable after more than one year42 | - | - | €0.03m | €0.03m | €0.03m | €0.01m | - | - |
| Trade debts44 | €0.002m | €0.005m | €0.001m | €0.004m | €0.001m | €0.003m | €0.001m | ▼ 60.7% |
| Suppliers440/4 | - | - | €0.001m | €0.004m | €0.001m | €0.003m | €0.001m | ▼ 60.7% |
| Taxes, remuneration and social security45 | - | - | €0.01m | €0.04m | €0.02m | €0.01m | €0.009m | ▼ 10.6% |
| Taxes450/3 | - | - | €0.01m | €0.04m | €0.02m | €0.01m | €0.009m | ▼ 10.6% |
| Other amounts payable47/48 | - | - | €0.02m | €0.02m | €0.006m | €0.02m | €0.03m | ▲ 25.2% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.07m | €0.03m | €0.03m | €0.02m | €0.04m | €0.02m | €0.03m | ▲ 55.1% |
| + Depreciation and write-downs630 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | ▲ 4.9% |
| Operating cash flow (approximation) | €0.09m | €0.05m | €0.05m | €0.04m | €0.06m | €0.04m | €0.05m | ▲ 31.4% |
| Investment in fixed assets (approximation) | - | €0 | -€0.01m | -€0.001m | -€0.001m | -€0.003m | -€1.3m | ▼ 39,964% |
| Change in cash | - | -€0.05m | -€0.02m | -€0.01m | -€0.01m | -€0.002m | €0.002m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 22 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2025 | micro format | 19-04-2026 | 2026-00085653 |
| 30-09-2024 | micro format | 28-04-2025 | 2025-00089394 |
| 30-09-2023 | micro format | 30-04-2024 | 2024-00078527 |
| 30-09-2022 | micro format | 30-04-2023 | 2023-00073513 |
| 30-09-2021 | micro format | 28-04-2022 | 2022-20013194 |
| 30-09-2020 | micro format | 28-05-2021 | 2021-15700102 |
| 30-09-2019 | micro format | 30-04-2020 | 2020-10900129 |
| 30-09-2018 | micro format | 31-07-2019 | 2019-42300120 |
| 30-09-2017 | micro format | 30-04-2018 | 2018-11300381 |
| 30-09-2016 | abbreviated format | 31-03-2017 | 2017-08200216 |
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Of the 2,669 active companies whose main activity is computing infrastructure, data processing, hosting and related activities (NACE 63100), figures are known for 1,260. 505 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.