Simco Group
A bankruptcy procedure is open for Simco Group according to publications in the Belgian State Gazette. The file additionally contains 2 judicial reorganisations. The 2025 annual accounts show negative equity (€-151k) and a net result of €-201k.
| Equity | €-151k |
| Net result | €-201k |
| Better than sector | 5% |
| Active | 2 yrs |
Fragile profile — watch health in particular.
Bankruptcy opened
A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Unlock the full score breakdown, per-year score history and the indicative credit limit from Starter.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -33.2% | 47.7% | |
| Net result | €-201k | €10k | |
| Equity | €-151k | €37k | |
| Gross operating margin | €355k | €29k | |
| Staff costs | €497k | €12k |
| Fiscal year | 2025 |
|---|---|
| Revenue | — |
| EBITDA | €-144k |
| Net profit | €-201k |
| Cash flow | €-165k |
| Staff costs | €497k |
| Income taxes | — |
| Dividends | — |
| Total assets | €455k |
| Equity | €-151k |
| Debt | €606k |
| of which ≤ 1y | €464k |
| of which > 1y | €141k |
| Working capital | €-248k |
| Employees (FTE) | — |
| 2025 | |
|---|---|
| Current ratio | 0.47 |
| Quick ratio | 0.47 |
| Working capital ratio | -54.5% |
| Solvency | -33.2% |
| Debt / equity | -4.01 |
| Long-term debt ratio | -0.94 |
| Interest coverage | -7.11 |
| Gross margin | — |
| Net margin | — |
| ROA | -44.2% |
| ROE | 133.1% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €455k |
| Fixed assets | 21/28 | €238k |
| Tangible fixed assets | 22/27 | €238k |
| Current assets | 29/58 | €216k |
| Amounts receivable within one year | 40/41 | €216k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €455k |
| Equity | 10/15 | €-151k |
| Contributions / capital | 10/11 | €50k |
| Accumulated profits (losses) | 14 | €-201k |
| Amounts payable | 17/49 | €606k |
| Amounts payable after one year | 17 | €141k |
| Amounts payable within one year | 42/48 | €464k |
| Trade debts payable within one year | 44 | €252k |
| Income statement | ||
| Gross operating margin | 9900 | €355k |
| Operating result | 9901 | €-181k |
| Financial charges | 65 | €20k |
| Result before taxes | 9903 | €-201k |
| Net result for the period | 9904 | €-201k |
| Result to be appropriated | 9905 | €-201k |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | INGE VANHOUTTE HEIDEBAAN 130E, 9100 SINT-
NIKLAAS |
24-03-2026 → present | Belgian State Gazette |
| NACE primary | Construction of buildings(41001) |
| Legal form | Private limited company(610) |
| Incorporation | 14-02-2024 |
| Status | Active |
| Postal code | 9140 |
| First BS signal | 27-10-2025 |
| Latest BS signal | 08-04-2026 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46025B0464/00S000 | Flanders | 4,950 m² | 1 · 2,131 m² | 8.1 m · 2 fl. |
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
08-10-2025 Registered office moved within Temse
- 9140 Temse, Kapelanielaan 21 → 9140 Temse, Schoenstraat 11А
Technical details
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"new_address": {
"raw": "9140 Temse, Schoenstraat 11\u0410",
"city": "Temse",
"region": "vlaams_gewest",
"street": "Schoenstraat",
"country": "BE",
"postcode": "9140",
"box_number": "A",
"street_number": "11",
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"street_number": "21",
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},
"effective_date": "2025-09-25",
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"notary": {
"name": "Vincent Van de Keer",
"firm_city": null,
"firm_name": null,
"office_city": "Lede",
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},
"act_meta": {
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"pub_date": "2025-10-08",
"filing_date": null,
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
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"date": "2025-09-25",
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},
"co_filed_documents": [
"Bijlage bij het Belgisch Staatsblad - 08/10/2025 - Annexes du Moniteur belge"
]
}24-03-2025 Transaction in capital or shares
Technical details
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"merger_exchange_ratio": null,
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"statutory_unavailable_equity_op": null
}
],
"notary": {
"name": "retzij van de perso",
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"firm_name": null,
"office_city": "Gent",
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"act_meta": {
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"pub_date": "2025-03-24",
"filing_date": null,
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"decision": {
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"act_date": "2025-02-25",
"unanimous": null,
"under_authorized_capital": false,
"underlying_resolution_date": null
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "1006.016.001",
"name_full": "simco group",
"legal_form": "besloten vennootschap",
"is_foreign_registered": false
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"publication_proxy": {
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"shareholders_after": [
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}
],
"share_classes_after": []
}24-03-2025 1 director appointed, 1 resigning
- cinar sahin — Enig bestuurder
- ozkosar sinan — Bestuurder
Technical details
{
"events": [
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"compensated": null,
"effective_date": "2025-02-25",
"evidence_quote": "De heer ozkosar sinan wordt ontslagen als bestuurder op 25/02/2025,er wordt kwijting verleend over zijn mandaat.",
"decharge_status": "granted",
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"evidence_quote": "De heer ozkosar sinan neemt ontslag als bestuurder en de heer cinar sahin wordt de enige bestuurder in de vennootschap.",
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"act_meta": {
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},
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}
],
"is_correction": false,
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Simco Group |