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SIMBABEL

Active Private limited companyfounded 2018active for 8 yearsCharles Thielemanslaan 114, 1150 Woluwe-Saint-PierreKBO/BCE: BE 0698.683.872 subsidiary of

Lifetime

7 annual accounts with figures on one time axis
peak €6,309 (2023)
-€13,392▼ €5,795
lowest -€55,203 (2019)
-€16,156▼ €5,747
peak €98,547 (2020)
€5,702▼ 73.9%
€7,317▼ 69.0%
peak 0.6 FTE (2019)
-not published
Board4 names since 2018
1 director
Owners3 names in the annual accounts
consolidates
Documentsfilings and deeds
08-07-202623 days before the deadline
2025abbreviated format
Gross margin from -€7,598 to -€13,392Loss of €16,156Equity from €21,858 to €5,702Debts from €23,580 to €7,317Cash from €4,134 to €245

Key points

from the 2025 annual accounts

Equity

€5,702 from €98,547 in 2020

Equity fell by 94% in 5 years.

Losses

-€26,565 in two years
-10,4092024-16,1562025

The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.

Position in the sector

€5,702

Less equity than 90% of companies in wholesale trade. Sector median €493,293 · 10,738 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,601 companies had the same profile as SIMBABEL has now. Each dot stands for 10 companies, two years later.

87.1%
were still trading
9.7%
stopped another way
2.9%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 3,601 companies, not a prediction for SIMBABEL. 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

Board and ownership

Director,
  • consolidatesequity €61,500 (2025) · annual accounts 2025
  • 44.36%equity €248,063 (2025) · 2022 annual accounts of
Board & ownership

Recent changes

Left the Peppol Directory
Registered office moved from Kraainem to Brussels New registered office: Avenue Charles Tielemans 114, 1150 Bruxelles · Previous registered office: Chemin des Mésanges 4, 1950 Kraainem · Resignations: (director) and (director) · Board meeting of 30-11-2022 · Gazette deed
Capital contribution of €164,500 Issue of 50,000 shares · Issue of 114,500 shares · Change of role: , from manager to director · General meeting of 22-12-2020 · Gazette deed
Registered office moved from Brussels to Kraainem New registered office: Chemin des Mésanges 4, 1950 Kraainem · Previous registered office: Chaussée d'Alsemberg 999- 1180 Bruxelles · Board meeting of 15-10-2020 · Gazette deed
All 15 events

Comparable companies

same main activity, similar in size and age
Company
SIMBABEL Woluwe-Saint-Pierre €13,019 -€13,392 43.8% -
CHEZ VALI Anderlecht €15,145 -€899 50.0% -
Nunu Solutions Hamme (Vl.) €14,379 -€502 79.8% -
Le Grand Méchant Zoom Genappe €14,011 €492 54.2% -
PKR ONE Fleurus €18,289 -€5,321 -32.0% -
LIOH Tielt €8,618 -€4,721 -111.3% -
Yugo Wevelgem €19,061 -€3,924 -91.3% -

These companies have the same main activity as SIMBABEL: agents in non-specialised wholesale trade (NACE 46190). They are comparable in size and age: total assets between €8,620 and €19,100, founded between 2014 and 2020.

Official details

Source: KBO
Status
Active since 21-06-2018Normal situation
Activity
Agents in non-specialised wholesale tradeNACE 46190and 1 other
Establishment unit
2.278.620.9611150 Woluwe-Saint-Pierre, since 21-06-2018
Financial year end
31 December
Peppol
Left the register on 29-10-2026
Company details

Annual accounts 2025

€13,019▼ 71.3%
Filing
Filed on 08-07-2026, 23 days before the end of the filing period
Financials

Insights on SIMBABEL

SIMBABEL files the abbreviated format. That format states no turnover. The gross margin rose from -€29,152 in 2019 to -€13,392 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 SIMBABEL

What is the company number of SIMBABEL?
The company number of SIMBABEL is 0698.683.872. The VAT number is the same number with BE in front: BE 0698.683.872.
Where is SIMBABEL based?
The registered office is at Charles Thielemanslaan 114, 1150 Woluwe-Saint-Pierre.Company details
What does SIMBABEL do?
According to the KBO register, the main activity is agents in non-specialised wholesale trade (NACE 46190).
What is the legal form of SIMBABEL?
SIMBABEL is a private limited company (BV).
When was SIMBABEL founded?
SIMBABEL was founded on 21-06-2018.
Is SIMBABEL still active?
Yes, SIMBABEL is an active enterprise in the KBO register.
How many employees does SIMBABEL have?
SIMBABEL had an average of 0.3 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
What is the turnover of SIMBABEL?
The annual accounts for financial year 2025 state no turnover.
Is SIMBABEL profitable?
In financial year 2025, SIMBABEL made a loss of €16,156.
Where can I find the annual accounts of SIMBABEL?
SIMBABEL filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SIMBABEL due?
SIMBABEL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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