Turnover
≈ €140,000 estimated
The micro format states no turnover.
Simco Projects
Overview
Lifetime
2 annual accounts with figures on one time axispeak €72,116 (2024)
€65,152▼ 9.7%
peak €46,251 (2024)
€38,327▼ 17.1%
peak €89,578 (2025)
€89,578▲ 74.8%
€25,999▲ 40.6%
Board2 names since 2023
1 directorSYMONS CHRISTOF
Documentsfilings and deeds
03-08-20263 days late
2025micro format
Equity from €51,251 to €89,578Debts from €18,486 to €25,999Investments €36,754Cash from €21,015 to €14,386
Key points
from the 2025 annual accountsInvestments
€36,754 4.0 × depreciation
Green is investment, beige is depreciation.
Starting capital
€5,000 100 shares
2025 accounts filed 3 days after the deadline
Checked score
91
Excellent
Financially stronger than 77% of micro companies in architecture and engineering (NACE 71)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 14,828 companies (NACE 71, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.6%▲ +0.1 percentage points vs 01-2025
03-2025: 0.6%● unchanged vs 02-2025
04-2025: 0.6%● unchanged vs 03-2025
05-2025: 0.7%▲ +0.1 percentage points vs 04-2025highest value
06-2025: 0.1%▼ -0.6 percentage points vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025lowest value
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.2%▲ +0.1 percentage points vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2023
Size: total assets €115,577
lowers risk
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
Liquidity: current ratio 2.76, cash €14,386
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, micro). It does better than 87% of them on solvency, 44% on liquidity, 88% on profitability and 87% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as Simco Projects has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Simco Projects itself is lower: 0.2% within 12 months. It rests on far more data about Simco Projects than the profile alone.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 39,278 companies, not a prediction for Simco Projects. 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
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.76 (2.89 in 2024), above the usual 1.5. Short-term debt is 22.5% and cash 12.4% of total assets. 22.5% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 3 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filingsDeviation from the deadline
2025
3 days late
2024
74 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 36 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
SC
SYMONS CHRISTOF
Director, since 24-08-2023
- SIMONS,Christof Edgard Jean-Marie 100 sharesdeed of 28-08-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0805067633
Incorporation
Founding capital of €5,000, 100 shares · Founder: SIMONS, Christof Edgard Jean-Marie · Appointment: SIMONS, Christof Edgard Jean-Marie (director) · published on 28-08-2023 · Gazette deed
First establishment
Begijnenbosstraat 20, Nieuwerkerken (Limb.)
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Simco Projects Nieuwerkerken (Limb.) | €115,577 | €65,152 | 77.5% | - |
| TECHNICAL ENGINEERING KUMS Pelt | €128,964 | €66,742 | 58.8% | - |
| JDM Consult Zoersel | €118,805 | €63,765 | 48.5% | - |
| BGQ Beerse | €110,809 | €62,060 | 80.2% | - |
| SAP PROJECTS Torhout | €118,466 | €61,458 | 80.5% | - |
| MARSYLLE CONSULTING Anderlecht | €110,137 | €63,268 | 71.8% | - |
| Conzult Deerlijk | €109,772 | €64,597 | 60.5% | - |
These companies have the same main activity as Simco Projects: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €110,000 and €129,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 24-08-2023Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121and 1 other
- Establishment unit
- 2.348.638.6303850 Nieuwerkerken (Limb.), since 24-08-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 13-05-2026
Annual accounts 2025
- €65,152▼ 9.7%
- €38,327▼ 17.1%
- €89,578▲ 74.8%
- €115,577▲ 65.7%
- Filing
- Filed on 03-08-2026
Insights on Simco Projects
Simco Projects has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €89,578 and a net result of €38,327.
Its solvency ranks better than 76% of 11,794 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 03-08-2026, 3 days late€65,152
▼ 9.7%
€55,478
▼ 16.4%
€38,327
▼ 17.1%
€45,704
▲ 30.9%
77.5%
▲ 4.0 percentage points
2.76
▼ 0.13
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 ≈ €140,000. Estimated: probably between €110,000 and €190,000.
Balance sheet
balance sheet total €115,577 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
77.5%
Higher than 76% of 11,794 companies in 2025.
2.76
Higher than 61% of 11,521 companies in 2025.
33.2%
Higher than 81% of 11,605 companies in 2025.
Simco Projects
Middle half of the sector
80% of the sector
Micro accounts in architecture and engineering (NACE 71)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
115,577 | 69,737 | |
21/28 |
43,874 | 16,346 | |
22/27 |
43,874 | 16,346 | |
23 |
13,467 | - | |
24 |
30,407 | 16,346 | |
29/58 |
71,703 | 53,391 | |
40/41 |
57,316 | 32,376 | |
40 |
52,279 | 32,376 | |
41 |
5,037 | - | |
54/58 |
14,386 | 21,015 | |
| Balance sheet: equity and liabilities | |||
10/49 |
115,577 | 69,737 | |
10/15 |
89,578 | 51,251 | |
10/11 |
5,000 | 5,000 | |
13 |
84,578 | 46,251 | |
133 |
84,578 | 46,251 | |
17/49 |
25,999 | 18,486 | |
42/48 |
25,999 | 18,486 | |
44 |
968 | 3,216 | |
440/4 |
968 | 3,216 | |
45 |
7,909 | 14,099 | |
450/3 |
6,709 | 12,899 | |
454/9 |
1,200 | 1,200 | |
47/48 |
17,122 | 1,171 | |
| Income statement | |||
76A |
1,249 | - | |
9900 |
65,152 | 72,116 | |
630 |
9,226 | 5,330 | |
640/8 |
448 | 421 | |
9901 |
55,478 | 66,365 | |
65/66B |
150 | 76 | |
65 |
150 | 76 | |
9903 |
55,328 | 66,288 | |
67/77 |
17,001 | 20,037 | |
9904 |
38,327 | 46,251 | |
9905 |
38,327 | 46,251 | |
| Appropriation of the result | |||
9906 |
38,327 | 46,251 | |
691/2 |
38,327 | 46,251 | |
6921 |
38,327 | 46,251 | |
| 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 2025 at the NBB, filed on 03-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 3 days after the deadline. Filed on 3 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00375079.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 64,704 | 71,695 | ||
| 47,553 | 51,581 | ||
| 36,754 | 21,676 | ||
| -6,629 | - | ||
| 45,704 | 34,905 | ||
| 77.5% | 73.5% | ||
| 2.76 | 2.89 | ||
| 0.29 | 0.36 | ||
| 42.8% | 90.2% | ||
| 33.2% | 66.3% | ||
| over 100 | 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 | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €36,754 | €21,676 |
| €9,226 | €5,330 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on Simco Projects
The operating result for 2025 is 16% lower than in 2024.
Debt's share of the balance-sheet total falls from 26.5% to 22.5%. Equity and debt are higher.
Board & ownership
Board
1 director, since incorporation- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 28-08-2023
Mandates through the years
2 names, the dashed line is todaySYMONS CHRISTOF
Director
Director
SIMONS,Christof Edgard Jean-Marie
Director (not named in the articles)
Director (not named in the articles)
BoardEarlierend not dated
Mandates as a list
- SYMONS CHRISTOF
- Director, from 24-08-2023 to date
- SIMONS,Christof Edgard Jean-Marie
- Director (not named in the articles), appointed by deed of 28-08-2023, no longer listed in the 2025 annual accounts
Control
This company
Simco Projects
Equity €89,578
Profit €38,327 in 2025
Capital
- Contribution
- €5,000
- Shares
- 100
- Contribution per share
- €50
- Equity per share
- €896 in 2025
- Source
- deed of 28-08-2023
Articles of association
deed of 28-08-2023 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- “1. Eerste boekjaar en eerste algemene vergadering Het eerste boekjaar gaat in de dag van de neerlegging ter griffie van een uitgifte van…”
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 28-08-2023 ↗
- SIMONS,Christof Edgard Jean-Marie 100 shares (100%) · €5,000
Network & group
No group
Simco Projects has no parent and no holdings in its annual accounts. SYMONS CHRISTOF is the only director. Simco Projects shares no director with another company.
Timeline
Timeline
5 events since 2023Filings
Establishments
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 3 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0805067633
2025
Annual accounts 2024 filed PDFmicro format · 74 days before the deadline
2023
IncorporationFounding capital of €5,000, 100 shares · Founder: SIMONS, Christof Edgard Jean-Marie · Appointment: SIMONS, Christof Edgard Jean-Marie (director) · published on 28-08-20235 points ▸
- Founder, SIMONS, Christof Edgard Jean-Marie
- Founding capital, €5,000, 100 shares
- Registered office clause, Begijnenbosstraat 20, 3850 Nieuwerkerken
- Board rule, 1
- Director appointment, SIMONS, Christof Edgard Jean-Marie (director (not named in the articles))
- The deed holds 6 more points.
First establishment Begijnenbosstraat 20, Nieuwerkerken (Limb.)
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0805.067.633
- VAT number
- BE 0805.067.633
- Peppol ID
- 0208:0805067633
- Other Peppol ID
- 9925:BE0805067633
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 24-08-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- “1. Eerste boekjaar en eerste algemene vergadering Het eerste boekjaar gaat in de dag van de neerlegging ter griffie van een uitgifte van…”deed of 28-08-2023 (in Dutch)
- Peppol
- Reachable since 13-05-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- Simco Projects in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 28-08-2023 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 28-08-2023 (in Dutch)
Activities
NACEBEL 202571121
Engineering and related technical consultancy, excluding land surveyors main activity
Codes under NACEBEL 2008
71121
Engineering activities main activity
71209
Other technical testing and analysis
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Begijnenbosstraat 20 registered office 3850 Nieuwerkerken (Limb.) | 24-08-2023 | 2.348.638.630 |
Buildings and parcels at the address
- Ground area
- 1,668 m²
- Buildings
- 125 m²
- Volume, LiDAR
- 475 m³
- Tallest building
- 5.4 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 71045A0151/00_000 | 1,667 m² | 1 · 125 m² | 5.4 m · 1 |