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.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
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.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -33.2% | 42.2% | |
| Net result | €-201k | €11k | |
| Equity | €-151k | €35k | |
| Gross operating margin | €355k | €30k | |
| Staff costs | €497k | €17k |
| Fiscal year | 2025 |
|---|---|
| Deposit | micro |
| 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) | - |
Full annual accounts (19 line items)
| 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 |
-
cinar sahinSole directorState Gazette act 25039026 (24-03-2025)Current24-03-2025 → present
Former directors (1)
-
ozkosar sinanDirectorState Gazette act 25039026 (24-03-2025)Former- → 25-02-2025
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | INGE VANHOUTTE HEIDEBAAN 130E, 9100 SINT-
NIKLAAS |
24-03-2026 → present | Belgian State Gazette |
| NACE primary | Algemene bouw van residentiële gebouwen(41001) |
| Legal form | Private limited company(610) |
| Incorporation | 14-02-2024 |
| Status | Active |
| Postal code | 9140 |
| First insolvency signal | 27-10-2025 |
| Latest insolvency 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.
The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.
We hold 5 further earlier events in this file, covering 21-10-2025 to 24-03-2026.
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.
08-10-2025 Registered office moved within Temse
- 9140 Temse, Kapelanielaan 21 → 9140 Temse, Schoenstraat 11А
Technical details
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"notary": {
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"act_meta": {
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"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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}
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"bedrijfsrevisor": null,
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}| Legal nameNL | Simco Group |