Turnover
≈ €190,000 estimated
The micro format states no turnover.
SimCo Engineering
Overview
Lifetime
1 annual account with figurespeak €88,655 (2026)
€88,655
peak €69,477 (2026)
€69,477
peak €71,977 (2026)
€71,977
€28,811
Board1 name since 2025
1 director
Documentsfilings and deeds
21-09-2026132 days before the deadline
2026micro format
First year with figures
Key points
from the 2026 annual accountsStarting capital
€2,500 100 shares
Position in the sector
€69,477
Higher net result than 84% of companies in architecture and engineering. Sector median €20,760 · 402 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 11,278 companies had the same profile as SimCo Engineering has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
Test of the method
The method was tested on the 497,331 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 | 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 11,278 companies, not a prediction for SimCo Engineering. 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 0208:1026401837
Incorporation
Founding capital of €2,500, 100 shares · Founder: · Appointment: (director) · published on 13-08-2025 · Gazette deed
First establishment
Karel van Manderstraat 224, Bruges
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SimCo Engineering Bruges | - | - | 71.4% | - |
| Prodexa Consulting Hooglede | - | - | 88.4% | - |
| SHADWIN Gembloux | - | - | 61.9% | - |
| Blauwstad Antwerp | - | - | 69.3% | - |
| EPHYCA Liège | €99,500 | 46.1% | 41.1% | - |
| OCH ENGINEERING Antwerp | €116,160 | 71.3% | 63.8% | - |
| NAVIER Jodoigne | - | - | 54.6% | - |
These companies have the same main activity as SimCo Engineering: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €88,700 and €118,000, founded in 2025.
Official details
Source: KBO- Status
- Active since 11-08-2025Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121
- Establishment unit
- 2.376.681.9248310 Bruges, since 11-08-2025
- Financial year end
- 30 June
- Peppol
- Reachable since 27-08-2025
Annual accounts to 30-06-2026
- €88,655
- €69,477
- €71,977
- €100,788
- Filing
- Filed on 21-09-2026, 132 days before the end of the filing period
Insights on SimCo Engineering
SimCo Engineering has been active since 2025 and the Belgian Official 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 67% of 402 sector peers (NACE 71, financial year 2026).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2026
micro format, filed on 21-09-2026, 132 days before the deadline€88,655
€87,866
€69,477
€67,512
71.4%
3.34
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €190,000. Estimated: probably between €150,000 and €260,000.
Balance sheet
balance sheet total €100,788 on 30-06-2026What the company ownsHow it is paid for
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2026 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
100,788 | |
21/28 |
4,464 | |
22/27 |
4,464 | |
24 |
4,464 | |
29/58 |
96,324 | |
40/41 |
43,313 | |
40 |
43,313 | |
54/58 |
53,010 | |
| Balance sheet: equity and liabilities | ||
10/49 |
100,788 | |
10/15 |
71,977 | |
10/11 |
2,500 | |
13 |
69,477 | |
133 |
69,477 | |
17/49 |
28,811 | |
42/48 |
28,811 | |
44 |
166 | |
440/4 |
166 | |
45 |
27,116 | |
450/3 |
27,116 | |
47/48 |
1,530 | |
| Income statement | ||
9900 |
88,655 | |
630 |
739 | |
640/8 |
50 | |
9901 |
87,866 | |
75/76B |
0 | |
75 |
0 | |
65/66B |
13 | |
65 |
13 | |
9903 |
87,852 | |
67/77 |
18,376 | |
9904 |
69,477 | |
9905 |
69,477 | |
| Appropriation of the result | ||
9906 |
69,477 | |
691/2 |
69,477 | |
6921 |
69,477 | |
| Document | ||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2026 at the NBB, filed on 21-09-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2026 | micro format | 21-09-2026 | 2026-00517899 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2026 |
|---|---|---|
| 88,605 | ||
| 70,216 | ||
| 5,203 | ||
| 67,512 | ||
| 71.4% | ||
| 3.34 | ||
| 0.40 | ||
| 96.5% | ||
| 68.9% | ||
| over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 30-06-2026 |
|---|---|
| Tangible fixed assets | €5,203 |
| €739 |
Source: notes to the 2026 annual accounts (statement of fixed assets)
Insights on SimCo Engineering
Debt's share of the balance-sheet total is 28.6%.
Board & ownership
Board
1 director, since incorporationDirector
since 11-08-2025
term without a fixed end
listed in the 2026 annual accounts, filed on 21-09-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “zijn en ermee instemmen. De besluiten van het collegiaal bestuursorgaan kunnen bij eenparig schriftelijk besluit van alle bestuurders worden…”deed of 13-08-2025
Mandates through the years
1 name, the dashed line is todayDirector
Board
Mandates as a list
-
- Director, from 11-08-2025 to date
Control
Founder
This company
SimCo Engineering
Equity €71,977
Profit €69,477 in 2026
Capital
- Contribution
- €2,500
- Shares
- 100
- Contribution per share
- €25
- Equity per share
- €720 in 2026
- Source
- deed of 13-08-2025
Articles of association
deed of 13-08-2025 (in Dutch)- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Tuesday of December at 10:00
Shareholders
At incorporation
deed of 13-08-2025 ↗
- 100 shares (100%) · €2,500
Network & group
No group
SimCo Engineering has no parent and no holdings in its annual accounts. is the only director. SimCo Engineering shares no director with another company.
Timeline
Timeline
4 events since 2025Filings
Establishments
20252026
2026
Annual accounts 2026 filed NBBmicro format · 132 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1026401837
IncorporationFounding capital of €2,500, 100 shares · Founder: · Appointment: (director) · published on 13-08-20254 points ▸
- Founding capital, €2,500, 100 shares
- Founder,
- Director appointment,
- Power of attorney,
- The deed holds 6 more points.
First establishment Karel van Manderstraat 224, Bruges
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1026.401.837
- VAT number
- BE 1026.401.837
- Peppol ID
- 0208:1026401837
- Other Peppol ID
- 9925:BE1026401837
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 11-08-2025
- Financial year
- ends on 30 June
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Tuesday of December at 10:00deed of 13-08-2025 (in Dutch)
- Peppol
- Reachable since 27-08-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- SimCo Engineering in Dutch
- Entity type
- Legal entity
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Karel van Manderstraat 224, 8310 Brugge”deed of 13-08-2025 (in Dutch)
Activities
NACEBEL 202571121
Engineering and related technical consultancy, excluding land surveyors main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het opstellen van wiskundige modellen en het ontwikkelen van digitale tweelingen van technische systemen met het oog op beter…”deed of 13-08-2025 (in Dutch)
7 activities
- Het opstellen van wiskundige modellen en het ontwikkelen van digitale tweelingen van technische systemen met het oog op beter begrip,analyse,validatie en optimalisatie van hun gedrag
- Het uitvoeren van numerieke simulaties en het verwerken en visualiseren van simulatiedata en meetgegevens met het oog op interpretatie,rapportering en besluitvorming
- Het ontwikkelen en implementeren van regelstrategieën,controlelagen en algoritmes ter aansturing of optimalisatie van systeemgedrag,inclusief software voor embedded of externe implementatie
- Het ontwikkelen van technische en toepassingsgerichte software,waaronder simulatieomgevingen,datavisualisatietools en ondersteunende applicaties
- Het verrichten van toegepast onderzoek,technologische ontwikkeling en experimentele innovatieprojecten in eigen naam of in opdracht van derden
- Het uitvoeren van testen en metingen op prototypes ter verificatie en validatie van modellen,simulaties en regelstrategieën
- Het verlenen van advies en consultancy aan bedrijven,onderzoeksinstellingen of overheden in sectoren zoals de automobielsector,maakindustrie,medische technologie,energie,automatisering en andere verwante sectoren
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Karel van Manderstraat 224 registered office 8310 Bruges | 11-08-2025 | 2.376.681.924 |
Buildings and parcels at the address
- Ground area
- 145 m²
- Buildings
- 61 m²
- Volume, LiDAR
- 513 m³
- Tallest building
- 12.2 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 31029C0497/00V007 | 144 m² | 1 · 61 m² | 12.2 m · 3 |