Skip to content

SIMBABEL

Active
Private limited companyfounded 20188 yrs activeCharles Thielemanslaan 114, 1150 Sint-Pieters-Woluwe, BelgiumKBO/BCE: BE 0698.683.872
Summary

The computed 12-month bankruptcy probability of SIMBABEL is 2.0% (moderate). The annual accounts of SIMBABEL for fiscal year 2025 show a net loss of 124% of total assets and of 74% of the equity at the start of that year. The 2025 annual accounts show equity of €5,702 and a net result of -€16,156. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 50% of 8160 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability0=
Solvency69▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
2.0% Moderate
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 1.78 against 1.93 in 2024; short-term debt: 56.2% and cash: 1.9% of total assets), but 56.2% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 2025
Solvency, return and age of the figures
Solvency
43.8%
Return on assets
-124.1%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 8 years 0 10 y
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 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€16,156
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 08-07-2026, 23 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
23 d early
2024
21 d early
2023
41 d early
2022
3 d early
2021
45 d early
2020
82 d early
2019
1 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 31 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 8 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

SIMBABEL was incorporated on 21 June 2018.1 Total assets fell from EUR 35,078 in 2019 to EUR 13,019 in 2025 and headcount from 0.6 full-time equivalents in 2019 to 0.3 in 2022.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019, 2022 and 2025

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, abbreviated schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€16,156▼ 55.2%
2024 · -€10,409
Working capital
€5,702▼ 73.9%
2024 · €21,858
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, 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
Line20212022202320242025
Operating result-€25,028▲ 29.6%-€47,843▼ 91.2%€4,422-€9,531-€16,099▼ 68.9%
Net result-€25,341below the sector's middle half▲ 29.1%-€49,501below the sector's middle half▼ 95.3%€4,143within the sector's middle half-€10,409below the sector's middle half-€16,156below the sector's middle half▼ 55.2%
Equity€77,626below the sector's middle half▼ 21.2%€28,125below the sector's middle half▼ 63.8%€32,268below the sector's middle half▲ 14.7%€21,858below the sector's middle half▼ 32.3%€5,702below the sector's middle half▼ 73.9%
Total assets€117,035below the sector's middle half▲ 15.5%€48,481below the sector's middle half▼ 58.6%€51,406below the sector's middle half▲ 6.0%€45,438below the sector's middle half▼ 11.6%€13,019below the sector's middle half▼ 71.3%
Debt€39,409▲ 1,338%€20,356▼ 48.3%€19,138▼ 6.0%€23,580▲ 23.2%€7,317▼ 69.0%
Working capital€72,410within the sector's middle half▼ 19.3%€26,031below the sector's middle half▼ 64.1%€31,732below the sector's middle half▲ 21.9%€21,858below the sector's middle half▼ 31.1%€5,702below the sector's middle half▼ 73.9%
Solvency66.3%above the sector's middle half▼ 31.0pp58.0%within the sector's middle half▼ 8.3pp62.8%within the sector's middle half▲ 4.8pp48.1%within the sector's middle half▼ 14.7pp43.8%within the sector's middle half▼ 4.3pp
Current ratio2.84within the sector's middle half▼ 30.912.28within the sector's middle half▼ 0.562.66within the sector's middle half▲ 0.381.93within the sector's middle half▼ 0.731.78within the sector's middle half▼ 0.15
Return on assets (ROA)-21.7%below the sector's middle half▲ 13.6pp-102.1%below the sector's middle half▼ 80.5pp8.1%within the sector's middle half▲ 110.2pp-22.9%below the sector's middle half▼ 31.0pp-124.1%below the sector's middle half▼ 101.2pp
Staff (FTE)0.3below the sector's middle half
above within below the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€60,000-€40,000-€20,000€0Operating result 2021: -€25,028-€25,028Net result 2021: -€25,341-€25,341Operating result 2022: -€47,843-€47,843Net result 2022: -€49,501-€49,501Operating result 2023: €4,422€4,422Net result 2023: €4,143€4,143Operating result 2024: -€9,531-€9,531Net result 2024: -€10,409-€10,409Operating result 2025: -€16,099-€16,099Net result 2025: -€16,156-€16,15620212022202320242025-€20,000-€10,000€0Operating result 2023: €4,422€4,420Net result 2023: €4,143€4,140Operating result 2024: -€9,531-€9,530Net result 2024: -€10,409-€10,400Operating result 2025: -€16,099-€16,100Net result 2025: -€16,156-€16,200202320242025
The operating result stays negative: a loss of €16,099 in 2025 against €9,531 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €13,019
Equity €5,702 ▼ 73.9%
Debt €7,317 ▼ 69.0%
Debt's share of the balance-sheet total rises from 51.9% to 56.2%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
Quick ratio
0.88▲
2024 · 0.63
Debt to equity
1.28▲
2024 · 1.08
ROE
-283.3%▼
2024 · -47.6%
Debt ≤ 1 year
€7,317▼
2024 · €23,580
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,597 companies that looked in July 2024 the way this one looks now, 2.8% went bankrupt within 24 months and 87% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
2.8% went bankrupt
9.2% stopped otherwise
87% still going

A further 0.8% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.0% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 3,597 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 33 lines
Balance sheet Code20242025
Assets
Total assets20/58€45,438€13,019▼
Current assets29/58€45,438€13,019▼
Stocks and contracts in progress3€30,549€6,552▼
Stocks30/36€30,549€6,552▼
Amounts receivable within one year40/41€10,755€5,772▼
Trade receivables40€7,831€5,772▼
Other amounts receivable41€2,925-
Cash at bank and in hand54/58€4,134€245▼
Deferred charges and accrued income490/1-€450
Equity and liabilities
Total equity and liabilities10/49€45,438€13,019▼
Equity10/15€21,858€5,702▼
Contributions10/11€189,500€189,500=
Profit (loss) carried forward14-€167,642-€183,798▼
Amounts payable17/49€23,580€7,317▼
Amounts payable within one year42/48€23,580€7,317▼
Trade debts44€8,563€3,197▼
Suppliers440/4€8,563€3,197▼
Taxes, remuneration and social security45-€1,120
Taxes450/3-€1,120
Other amounts payable47/48€15,017€3,000▼
Income statement Code20242025
Non-recurring operating income76A-€6,693
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€536-
Other operating charges640/8€1,398€637▼
Non-recurring operating charges66A-€2,070
Gross operating margin9900-€7,598-€13,392▼
Operating profit (loss)9901-€9,531-€16,099▼
Financial charges65/66B€879€57▼
Recurring financial charges65€879€57▼
Profit (loss) for the period before taxes9903-€10,409-€16,156▼
Profit (loss) for the period9904-€10,409-€16,156▼
Profit (loss) for the period to be appropriated9905-€10,409-€16,156▼
Appropriation of the result
Profit (loss) to be appropriated9906-€167,642-€183,798▼
Profit (loss) brought forward from the previous period14P-€157,232-€167,642▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A----€6,693-
Remuneration, social security and pensions62-€5,214----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,122€3,122€1,558€536--
Other operating charges640/8€348€348€384€1,398€637▼ 54.4%
Non-recurring operating charges66A---€56-€2,070-
Gross operating margin9900-€21,558-€39,159€6,309-€7,598-€13,392▼ 76.3%
Operating profit (loss)9901-€25,028-€47,843€4,422-€9,531-€16,099▼ 68.9%
Financial income75/76B-€19€9---
Recurring financial income75-€19€9---
Financial charges65/66B€313€1,617€125€879€57▼ 93.5%
Recurring financial charges65€313€1,617€125€879€57▼ 93.5%
Profit (loss) for the period before taxes9903-€25,341-€49,441€4,307-€10,409-€16,156▼ 55.2%
Income taxes67/77-€60€164---
Profit (loss) for the period9904-€25,341-€49,501€4,143-€10,409-€16,156▼ 55.2%
Profit (loss) for the period to be appropriated9905-€25,341-€49,501€4,143-€10,409-€16,156▼ 55.2%
Line20212022202320242025Change
Assets
Total assets20/58€117,035€48,481€51,406€45,438€13,019▼ 71.3%
Fixed assets21/28€5,216€2,094€536---
Intangible fixed assets21€3,069€1,353€433---
Tangible fixed assets22/27€2,147€741€103---
Furniture and vehicles24€2,147€741€103---
Current assets29/58€111,819€46,387€50,870€45,438€13,019▼ 71.3%
Stocks and contracts in progress3€64,675€32,000€40,062€30,549€6,552▼ 78.6%
Stocks30/36€64,675€32,000€40,062€30,549€6,552▼ 78.6%
Amounts receivable within one year40/41€6,114€8,435€7,430€10,755€5,772▼ 46.3%
Trade receivables40€4,658€7,884€5,404€7,831€5,772▼ 26.3%
Other amounts receivable41€1,457€551€2,026€2,925--
Cash at bank and in hand54/58€41,030€5,103€2,827€4,134€245▼ 94.1%
Deferred charges and accrued income490/1-€850€550-€450-
Equity and liabilities
Total equity and liabilities10/49€117,035€48,481€51,406€45,438€13,019▼ 71.3%
Equity10/15€77,626€28,125€32,268€21,858€5,702▼ 73.9%
Contributions10/11€189,500€189,500€189,500€189,500€189,500=
Profit (loss) carried forward14-€111,874-€161,375-€157,232-€167,642-€183,798▼ 9.6%
Amounts payable17/49€39,409€20,356€19,138€23,580€7,317▼ 69.0%
Amounts payable within one year42/48€39,409€20,356€19,138€23,580€7,317▼ 69.0%
Trade debts44€39,118€18,104€16,328€8,563€3,197▼ 62.7%
Suppliers440/4€39,118€18,104€16,328€8,563€3,197▼ 62.7%
Taxes, remuneration and social security45-€2,073€2,793-€1,120-
Taxes450/3-€2,073€2,793-€1,120-
Other amounts payable47/48€291€178€17€15,017€3,000▼ 80.0%
Line20212022202320242025Change
Profit (loss) for the period9904-€25,341-€49,501€4,143-€10,409-€16,156▼ 55.2%
+ Depreciation and write-downs630€3,122€3,122€1,558€536--
Operating cash flow (approximation)-€22,219-€46,379€5,701-€9,874-€16,156▼ 63.6%
Investment in fixed assets (approximation)-€0€0---
Change in cash--€35,928-€2,275€1,306-€3,888▼ 398%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
08-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
10-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
20-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Back to profitnet €4,143
Net result €4,143 after 4 loss-making years.
28-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
16-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
10-05
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Liquidity times 90current ratio 33.75
Current ratio from 0.37 to 33.75; short-term debt falls from €65,281 to €2,740.
30-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
4 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, Sint-Pieters-Woluwe · 1 establishment unit since 2018
seat establishment The establishment unit on the map
Ground area
262 m²
Building footprint
107 m²
Volume, LiDAR
819 m³
Parcel 21019A0150/00V003, Brussels · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
SIMBABEL
Charles Thielemanslaan 114, 1150 Sint-Pieters-WoluweAgents in the wholesale of food, beverages and tobacco
since 20182.278.620.961
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21019A0150/00V003 Brussels 262 m² 1 · 107 m² 11.4 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.

Structure & network

Owners and holdings

1 owner

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Sint-Pieters-Woluwe2.278.620.961
1 permission
Groothandelaar LM>3 maand · since 25-08-2018

Similar companies · same sector, comparable size

Of 6,146 companies in sector 46190 we hold annual accounts for 2,577. 1,039 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded21-06-2018
Fiscal year end31-12
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
46170Agents in the wholesale of food, beverages and tobacco
E-invoicing
Reachable via Peppol
Peppol ID 0208:0698683872
Also 9925:BE0698683872
Registered 23-03-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.