SimCo is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €150k and a net result of €32k. Equity is growing by ~18.7% per year across the filed fiscal years. Its solvency ranks better than 26% of 5521 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
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 06-03-2026, 147 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
147 d early
2024
154 d early
2023
119 d early
2022
132 d early
2021
32 d early
2020
32 d early
2019
36 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€150k▼ 8.3%
2024 · €164k
2018: €43k
2019: €56k
2020: €83k
2021: €102k
2022: €106k
2023: €144k
2024: €164k
2018 → 2025
Net result
€32k▲ 0.4%
2024 · €32k
2018: €26k
2019: €15k
2020: €27k
2021: €20k
2022: €26k
2023: €41k
2024: €32k
2018 → 2025
Total assets
€601k▲ 65.6%
2024 · €363k
2018: €197k
2019: €198k
2020: €210k
2021: €215k
2022: €219k
2023: €351k
2024: €363k
2018 → 2025
Solvency
25.0%▼ 20.1pp
2024 · 45.1%
2018: 22.1%
2019: 28.5%
2020: 39.4%
2021: 47.5%
2022: 48.5%
2023: 41.1%
2024: 45.1%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€102k-€106k▲ 4.0%€144k▲ 35.9%€164k▲ 13.4%€150k▼ 8.3%
Operating result€32k-€33k▲ 4.7%€35k▲ 3.6%€24k▼ 31.0%€28k▲ 17.1%
Net result€20k-€26k▲ 29.9%€41k▲ 56.7%€32k▼ 21.4%€32k▲ 0.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 17% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €601k
Fixed assets
€549k▲ 86.8%
Current assets
€52k▼ 24.7%
Equity and liabilities €601k
Equity
€150k▼ 8.3%
Debt
€451k▲ 126%
The debt ratio rises from 54.9% to 75.0%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
25.0%▼
2024 · 45.1%
ROE
21.5%▲
2024 · 19.7%
ROA
5.4%▼
2024 · 8.9%
Debt
€451k▲
2024 · €199k
Debt ≤ 1 year
€88k▲
2024 · €64k
Debt > 1 year
€358k▲
2024 · €131k
Income taxes
€6k▼
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€363k€601k▲
Fixed assets21/28€294k€549k▲
Tangible fixed assets22/27€66k€51k▼
Land and buildings22€26k€24k▼
Plant, machinery and equipment23€31k€21k▼
Furniture and vehicles24€9k€6k▼
Financial fixed assets28€228k€498k▲
Current assets29/58€69k€52k▼
Amounts receivable within one year40/41€57k€40k▼
Trade receivables40€11k€12k▲
Other amounts receivable41€47k€28k▼
Cash at bank and in hand54/58€5k€6k▲
Deferred charges and accrued income490/1€6k€5k▼
Equity and liabilities
Total equity and liabilities10/49€363k€601k▲
Equity10/15€164k€150k▼
Contributions10/11€19k€19k=
Reserves13€145k€132k▼
Distributable reserves133€145k€132k▼
Amounts payable17/49€199k€451k▲
Amounts payable after more than one year17€131k€358k▲
Financial debts170/4€131k€223k▲
Other amounts payable178/9-€135k
Amounts payable within one year42/48€64k€88k▲
Current portion of amounts payable after more than one year42€19k€37k▲
Financial debts43€3k€3k▼
Credit institutions430/8€3k€3k▼
Trade debts44€2k€141▼
Suppliers440/4€2k€141▼
Taxes, remuneration and social security45€3k€5k▲
Taxes450/3€3k€5k▲
Other amounts payable47/48€37k€43k▲
Accrued charges and deferred income492/3€3k€5k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€15k▲
Other operating charges640/8€775€816▲
Gross operating margin9900€38k€44k▲
Operating profit (loss)9901€24k€28k▲
Financial income75/76B€24k€26k▲
Recurring financial income75€24k€26k▲
Financial charges65/66B€8k€15k▲
Recurring financial charges65€8k€15k▲
Profit (loss) for the period before taxes9903€40k€39k▼
Income taxes67/77€8k€6k▼
Profit (loss) for the period9904€32k€32k▲
Profit (loss) for the period to be appropriated9905€32k€32k▲
Appropriation of the result
Profit (loss) to be appropriated9906€32k€32k▲
Transfer from equity791/2€13k€46k▲
Transfer to equity691/2€32k€32k▲
To other reserves6921€32k€32k▲
Profit to be distributed694/7€13k€46k▲
Return on contributions (dividend)694€13k€46k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
27-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €150kEq €164k ▲13.4%
7 profitable years in a row build equity to €164k.
03-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €41k ▲56.7%
Net result €41k, the highest in the series.
21-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100kEq €102k ▲23.3%
4 profitable years in a row build equity to €102k.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €15k ▼41.5%
Net result drops to €15k, the lowest in the series; recovery starts the following year.
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Antwerpen · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Statiestraat 1602600 AntwerpenGround area
193 m²
Building footprint
193 m²
Parcel 11003A0115/00F021, Flanders. Linked by address, not a title deed.
1 establishment unit
SimCo
since 20162.256.081.032
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11003A0115/00F021 | Flanders | 193 m² | 1 · 193 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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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SUBTILITE
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Bema
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SMU-C
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Of 24,728 companies in sector 64210 we hold annual accounts for 19,760. 13,230 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-08-2016
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.