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SimCo Engineering

Active
Private limited companyfounded 20251 yr activeKarel van Manderstraat 224, 8310 Brugge, BelgiumKBO/BCE: BE 1026.401.837
Summary

SimCo Engineering has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €71,977 and a net result of €69,477. Its solvency ranks better than 63% of 100 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2026
Axes
Profitability100
Solvency96
Growth-
Track record67
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days only on tighter terms
Liquidity ample (current ratio 3.34; short-term debt: 28.6% and cash: 52.6% of total assets), and 28.6% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026
Solvency, return and age of the figures
Solvency
71.4%
Return on assets
68.9%
Age of the figures
3 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2026 was due by 31-01-2027 and was filed on 21-09-2026, 132 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2026
132 d early
← before the deadline after the deadline →
Checked, nothing found (1)
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

On 11 August 2025, SimCo Engineering was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2026.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2026

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Financials · fiscal year 2026, micro schema

Equity
€71,977
Total assets
€100,788
Net result
€69,477
Working capital
€67,512

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €100,788
Fixed assets €4,464
Current assets €96,324
Equity and liabilities €100,788
Equity €71,977
Debt €28,811
Debt finances 28.6% of the balance-sheet total.
Key figures and ratios
2026 value
EBITDA
€88,605
Cash flow
€70,216
Current ratio
3.34
Debt to equity
0.40
ROE
96.5%
ROA
68.9%
Interest coverage
6577.92
Debt ≤ 1 year
€28,811
Income taxes
€18,376
Annual accounts
Filed annual accounts As filed with the NBB · 2026 · 35 lines
Balance sheet Code2026
Assets
Total assets20/58€100,788
Fixed assets21/28€4,464
Tangible fixed assets22/27€4,464
Furniture and vehicles24€4,464
Current assets29/58€96,324
Amounts receivable within one year40/41€43,313
Trade receivables40€43,313
Cash at bank and in hand54/58€53,010
Equity and liabilities
Total equity and liabilities10/49€100,788
Equity10/15€71,977
Contributions10/11€2,500
Reserves13€69,477
Distributable reserves133€69,477
Amounts payable17/49€28,811
Amounts payable within one year42/48€28,811
Trade debts44€166
Suppliers440/4€166
Taxes, remuneration and social security45€27,116
Taxes450/3€27,116
Other amounts payable47/48€1,530
Income statement Code2026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€739
Other operating charges640/8€50
Gross operating margin9900€88,655
Operating profit (loss)9901€87,866
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€13
Recurring financial charges65€13
Profit (loss) for the period before taxes9903€87,852
Income taxes67/77€18,376
Profit (loss) for the period9904€69,477
Profit (loss) for the period to be appropriated9905€69,477
Appropriation of the result
Profit (loss) to be appropriated9906€69,477
Transfer to equity691/2€69,477
To other reserves6921€69,477

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€739
Other operating charges640/8€50
Gross operating margin9900€88,655
Operating profit (loss)9901€87,866
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€13
Recurring financial charges65€13
Profit (loss) for the period before taxes9903€87,852
Income taxes67/77€18,376
Profit (loss) for the period9904€69,477
Profit (loss) for the period to be appropriated9905€69,477
Line2026
Assets
Total assets20/58€100,788
Fixed assets21/28€4,464
Tangible fixed assets22/27€4,464
Furniture and vehicles24€4,464
Current assets29/58€96,324
Amounts receivable within one year40/41€43,313
Trade receivables40€43,313
Cash at bank and in hand54/58€53,010
Equity and liabilities
Total equity and liabilities10/49€100,788
Equity10/15€71,977
Contributions10/11€2,500
Reserves13€69,477
Distributable reserves133€69,477
Amounts payable17/49€28,811
Amounts payable within one year42/48€28,811
Trade debts44€166
Suppliers440/4€166
Taxes, remuneration and social security45€27,116
Taxes450/3€27,116
Other amounts payable47/48€1,530
Line2026
Profit (loss) for the period9904€69,477
+ Depreciation and write-downs630€739
Operating cash flow (approximation)€70,216

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

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Timeline · acts, filings and financial milestones

2026
21-09
NBB filing Annual accounts filed
fiscal year 2026 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Brugge · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
145 m²
Building footprint
61 m²
Volume, LiDAR
513 m³
Parcel 31029C0497/00V007, Flanders · tallest building 12.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SimCo Engineering
Karel van Manderstraat 224, 8310 BruggeComputer programming
since 20252.376.681.924
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31029C0497/00V007 Flanders 144 m² 1 · 61 m² 12.2 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.

Similar companies · same sector, comparable size

Of 11,571 companies in sector 71121 we hold annual accounts for 6,563. 5,137 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
Founded11-08-2025
Fiscal year end30-06
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors

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