Debts
€605,568 133% of the balance sheet
Financial debts 29%Suppliers 42%Taxes and wages 20%Other 9%
Of this, €464,166 falls due within a year.
Simco Group
Information for creditors
Enterprise Court of Ghent, Dendermonde division · Official Gazette of 08-04-2026Filing the claim in RegSol 23-04-2026Appeal or third-party opposition 23-04-2026First verification report 08-05-2026Late claim until 24-03-2027
- Inge Vanhouttetrusteeinge@inis-advocaten.be
Steps, deadlines and articles of law
The procedure
- Supervising judge
- Evelyne Martens
- Official Gazette
- 08-04-2026search the document for 2026/114845
Deadlines
- Provisional date payments stopped
- 24 September 2025The trustee can in some cases challenge payments and security you received since that day. A later judgment can still change the date.art. XX.105, XX.111 and XX.112, Code of Economic Law
- Filing the claim in RegSol
- passed on 23 April 2026art. XX.104 and XX.155, Code of Economic Law
- Appeal or third-party opposition
- passed on 23 April 2026art. XX.108, Code of Economic Law
- First verification report
- passed on 8 May 2026art. XX.104 and XX.194, Code of Economic Law
- Late claim until
- 24 March 2027A late claim shares only in what has not yet been paid out. You bear the costs of that claim.art. XX.165, Code of Economic Law
Trustee
- Inge VanhoutteHeidebaan 130E, 9100 Sint- Niklaasinge@inis-advocaten.be
Steps for a creditor
- Stop delivering on credit unless the trustee agrees.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- The ordinary term has passed. File a late claim in RegSol (regsol.be) until 24 March 2027, yourself with eID or itsme, or through your lawyer. It shares only in what has not yet been paid out, and you bear the costs.
- Ask your accountant about the VAT on the unpaid invoices. In a bankruptcy it can be recovered, subject to conditions.
- Follow the file in RegSol. The verification report (admitted or disputed) and the trustee's reports appear there.
These deadlines come from the publication of the judgment. Check them in RegSol before you file anything. Once a deadline has passed, it is too late for that step.
If this company owes you money, you are not paid automatically. You file your claim yourself, within the deadline the judgment sets.
Follow
Follow this bankruptcy and you are notified the next morning if it is closed or reversed.
This is general information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.
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Lifetime
1 annual account with figurespeak €354,734 (2025)
€354,734
lowest -€200,880 (2025)
-€200,880
peak -€150,880 (2025)
-€150,880
€605,568
Board3 names since 2024
2 directorsÇINAR Sahin Turan and 1 other
Documentsfilings and deeds
31-10-2025on the last day
2025micro format
Judicial reorganisation opened 17-12Bankruptcy reversal 17-11Bankruptcy published 27-10Loss of €200,880Registered office moved within Temse 08-10First year with figures
Key points
from the 2025 annual accounts, the last ones filedFinal months
105 days from reorganisation to bankruptcy
Lifetime
25 months from 14-02-2024 to 24-03-2026
No score
Recent changes
Bankruptcy published
Enterprise Court of Ghent, Dendermonde division · judgment of 24-03-2026 · Bankruptcy
Bankruptcy published
Enterprise Court of Ghent, Dendermonde division · judgment of 24-03-2026 · Bankruptcy
Plan approval refused
Enterprise Court of Ghent · judgment of 03-03-2026 · Judicial reorganisation
Listed in the Peppol Directory
Official details
Source: KBO- Status
- In bankruptcydeclared bankrupt on 24-03-2026
- Activity
- General construction of residential buildingsNACE 41001and 5 others
- Establishment unit
- 2.355.801.0899140 Temse, since 14-02-2024
- Financial year end
- 31 March
- Peppol
- Reachable since 29-01-2026
Annual accounts to 31-03-2025
- ≈ €800,000estimated
- €454,688
- ≈ 8.4 FTEestimated
- Filing
- Filed on 31-10-2025
Insights on Simco Group
On 9 December 2025 the court opened a judicial reorganisation. 105 days later came the bankruptcy. The company was then 25 months old.
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 Group
- What is the company number of Simco Group?
- The company number of Simco Group is 1006.016.001. The VAT number is the same number with BE in front: BE 1006.016.001.
- Where was Simco Group based?
- The last known address of the registered office is Schoenstraat 11A, 9140 Temse.Company details
- What does Simco Group do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of Simco Group?
- Simco Group is a private limited company (BV).
- When was Simco Group founded?
- Simco Group was founded on 14-02-2024.
- Is Simco Group still active?
- A bankruptcy is running. A bankruptcy trustee manages the company.
- What is the turnover of Simco Group?
- The turnover in financial year 2025 is ≈ €800,000. This figure is estimated from the gross margin of €354,734 and 56 comparable companies (NACE 41001). It probably lies between €640,000 and €1.3m.Financials
- Is Simco Group profitable?
- In financial year 2025, Simco Group made a loss of €200,880.
- Where can I find the annual accounts of Simco Group?
- Simco Group filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
See what became of the directors' other companies.Supplier due diligence See who ran this company and where its registered office was, on a date of your choice.Company as of a date Check whether the registered address is a letterbox address or a business centre.Addresses Check your own customer list for customers at risk.Process a list See how the general construction of residential buildings sector is doing.Sector figures