Equity
€6,370 ▲ 3.1%
SimCo has made a profit without a break since 2021.
SimCo
Lifetime
9 annual accounts with figures on one time axispeak €277,205 (2019)
€96,781▼ 7.4%
lowest -€17,441 (2020)
€193▼ 10.5%
peak €12,409 (2019)
€6,370▲ 3.1%
€98,671▼ 28.0%
peak 5.2 FTE (2020)
-not published
Board2 names since 2021
2 directors and 1 other
Documentsfilings and deeds
25-06-202636 days before the deadline
2025micro format
Debts from €137,076 to €98,671
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,375 companies had the same profile as SimCo has now. Each dot stands for 4 companies, two years later.
95.9%
were still trading
1.6%
stopped another way
2.2%
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 497,448 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 1,375 companies, not a prediction for SimCo. 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 0208:0654751681
Changes of role: (director) and (director)
General meeting of 27-11-2023 · Gazette deed
Incorporation
published on 19-05-2016 · Gazette deed
First establishment
Amerikaanse straat 170, Ixelles
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SimCo Ixelles | €105,041 | €96,781 | 6.1% | - |
| TRECK HOSTEL Ghent | €104,532 | €97,348 | 86.3% | - |
| DUBBROS Woluwe-Saint-Pierre | €120,420 | €52,055 | 12.6% | - |
| GITES D'ARDENNE Houyet | €149,419 | €84,138 | 29.7% | - |
| WH GROUP Laakdal | €193,422 | €91,708 | 91.1% | - |
| LIVIAM Kapellen | €197,766 | €102,925 | 45.0% | - |
| ORIËNTAL PARADISE HOTEL Temse | €114,490 | €99,908 | 72.3% | - |
These companies have the same main activity as SimCo: other holiday and short-stay accommodation (NACE 55209). They are comparable in size and age: total assets between €105,000 and €198,000, founded between 2007 and 2017.
Official details
Source: KBO- Status
- Active since 17-05-2016Normal situation
- Activity
- Other holiday and short-stay accommodationNACE 55209and 11 others
- Establishment unit
- 2.252.881.0221050 Ixelles, since 17-05-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 06-01-2026
Annual accounts 2025
- ≈ €290,000estimated
- €105,041▼ 26.7%
- ≈ 2 FTEestimated
- Filing
- Filed on 25-06-2026, 36 days before the end of the filing period
Insights on SimCo
SimCo files the micro format. That format states no turnover. The gross margin rose from €41,101 in 2017 to €96,781 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 SimCo
- What is the company number of SimCo?
- The company number of SimCo is 0654.751.681. The VAT number is the same number with BE in front: BE 0654.751.681.
- Where is SimCo based?
- The registered office is at Amerikaanse straat 170, 1050 Ixelles.Company details
- What does SimCo do?
- According to the KBO register, the main activity is other holiday and short-stay accommodation (NACE 55209).
- What is the legal form of SimCo?
- SimCo is a private limited company (BV).
- When was SimCo founded?
- SimCo was founded on 17-05-2016.
- Is SimCo still active?
- Yes, SimCo is an active enterprise in the KBO register.
- How many employees does SimCo have?
- SimCo had an average of 5.2 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
- What is the turnover of SimCo?
- The turnover in financial year 2025 is ≈ €290,000. This figure is estimated from the gross margin of €96,781 and 2,667 comparable companies of the same size. It probably lies between €190,000 and €500,000. It is a rough estimate.
- Is SimCo profitable?
- In financial year 2025, SimCo made a profit of €193.
- Where can I find the annual accounts of SimCo?
- SimCo filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SimCo due?
- SimCo must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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