Simco Group
Open bankruptcyA bankruptcy procedure is open for Simco Group according to publications in the Belgian State Gazette; curator: INGE VANHOUTTE.
Summary
The file additionally contains 2 judicial reorganisation notices. The 2025 annual accounts show negative equity (€-151k) and a net result of €-201k.
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
Founded in 2024, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
on the day
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, micro schema
Equity
€-151k
Total assets
€455k
Net result
€-201k
Working capital
€-248k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €455k
Fixed assets
€238k
Current assets
€216k
Key figures and ratios
EBITDA
€-144k
Cash flow
€-165k
Solvency
-33.2%
Current ratio
0.47
Debt to equity
-4.01
ROA
-44.2%
Interest coverage
-7.11
Debt
€606k
Debt ≤ 1 year
€464k
Debt > 1 year
€141k
Staff costs
€497k
Filed annual accounts As filed with the NBB · 2025 · 36 lines
Balance sheet
Code2025
Assets
Total assets20/58€455k
Fixed assets21/28€238k
Tangible fixed assets22/27€238k
Plant, machinery and equipment23€1k
Leasing and similar rights25€237k
Current assets29/58€216k
Amounts receivable within one year40/41€216k
Trade receivables40€111k
Other amounts receivable41€105k
Equity and liabilities
Total equity and liabilities10/49€455k
Equity10/15€-151k
Contributions10/11€50k
Profit (loss) carried forward14€-201k
Amounts payable17/49€606k
Amounts payable after more than one year17€141k
Financial debts170/4€141k
Amounts payable within one year42/48€464k
Current portion of amounts payable after more than one year42€56k
Financial debts43€33k
Credit institutions430/8€33k
Trade debts44€252k
Suppliers440/4€252k
Taxes, remuneration and social security45€124k
Taxes450/3€13k
Remuneration and social security454/9€110k
Income statement
Code2025
Remuneration, social security and pensions62€497k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k
Other operating charges640/8€2k
Gross operating margin9900€355k
Operating profit (loss)9901€-181k
Financial charges65/66B€20k
Recurring financial charges65€20k
Profit (loss) for the period before taxes9903€-201k
Profit (loss) for the period9904€-201k
Profit (loss) for the period to be appropriated9905€-201k
Appropriation of the result
Profit (loss) to be appropriated9906€-201k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
08-04
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 24-03-2026
30-03
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 24-03-2026
06-03
Judicial reorganisation
Plan homologation
Ondernemingsrechtbank Gent · event 03-03-2026
2025
17-12
Judicial reorganisation
Opening
Ondernemingsrechtbank Gent · collective agreement (SME) · event 09-12-2025
17-11
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 03-11-2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
27-10
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 21-10-2025
SignalNBB filing
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
3 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, Temse · 1 establishment unit since 2024
Ground area
4,950 m²
Building footprint
2,131 m²
Volume, LiDAR
14,339 m³
Parcel 46025B0464/00S000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Simco Group
since 20242.355.801.089
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46025B0464/00S000 | Flanders | 4,950 m² | 1 · 2,131 m² | 8.1 m · 2 fl. |
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | INGE VANHOUTTE HEIDEBAAN 130E, 9100 SINT-
NIKLAAS |
24-03-2026 → present |
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 29,779 companies in sector 41001 we hold annual accounts for 16,036. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-02-2024
Fiscal year end31-03
Activities, NACEBEL 2025
41001General construction of residential buildings
42110Construction of roads and motorways
42130Civil engineering
42211Civil engineering
42220Construction of utility projects for electricity and telecommunications
43120Site preparation
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@simcogroup.be