Equity
-€57,872
Debts exceed assets in financial year 2025.
SIMCOMA
Overview
Lifetime
3 annual accounts with figures on one time axispeak €106,067 (2025)
€106,067▲ 272%
lowest -€36,022 (2023)
€7,127▲ €37,104
peak -€35,022 (2023)
-€57,872▲ €7,127
€645,161▲ 20.6%
Board1 name since 2021
1 director
Documentsfilings and deeds
31-10-2025on the last day
2025micro format
Gross margin from €28,510 to €106,067Back to profit: €7,127Debts from €535,007 to €645,161Investments €147,872
Key points
from the 2025 annual accountsTurnover
≈ €330,000 estimated
The micro format states no turnover.
Debts
€645,161 110% of the balance sheet
Financial debts 77%Suppliers 3%Taxes and wages 0%Other 20%
Of this, €106,593 falls due within a year.
Investments
€147,872 3.5 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 32.3% higher than in 2024.
Filings
3 annual accounts 13 days past the deadline
2026 accounts not filed: deadline was 31-10-2026.
Position in the sector
-€57,872
Less equity than 91% of companies in food and beverage service. Sector median €28,354 · 18,541 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 906 companies had the same profile as SIMCOMA has now. Each dot stands for 3 companies, two years later.
89.4%
were still trading
4.1%
stopped another way
6.1%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 906 companies, not a prediction for SIMCOMA. 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 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
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0769435177
Environmental permit granted
Nieuwbouw van bijgebouwen en niet overdekte lage constructie, Verbouwen en/of uitbreiden met functiewijziging en met wijziging van aantal woongelegenheden, Verbouwen en/of uitbreiden van bijgebouwen en niet overdekte lage constructies · Wevelgem
Environmental permit granted
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Wevelgem
Registered office moved from Wevelgem to Moorsele
New registered office: Warandestraat 55, 8560 Moorsele · Previous registered office: Daalstraat 13, 8560 Wevelgem · General meeting of 03-02-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SIMCOMA Wevelgem | €587,289 | €106,067 | -9.9% | - |
| FRITUUR MICHIEL Dentergem | €617,479 | €122,811 | 37.8% | - |
| GLACE MAURICETTE Enghien | €542,569 | €104,489 | 19.0% | - |
| FRITUUR DE KOSTER Heusden-Zolder | €520,111 | €114,547 | 37.1% | - |
| MATEUS PEREIRA Nieuwpoort | €685,657 | €107,677 | 7.8% | - |
| Vandaele-Bruggeman Staden | €605,771 | €144,493 | 23.6% | - |
| FU AN Kuurne | €629,255 | €166,704 | 6.7% | - |
These companies have the same main activity as SIMCOMA: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €520,000 and €686,000, founded between 2019 and 2021.
Official details
Source: KBO- Status
- Active since 08-06-2021Normal situation
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112
- Establishment unit
- 2.317.974.9508560 Wevelgem, since 08-06-2021
- Financial year end
- 31 March
- Peppol
- Reachable since 27-03-2026
Annual accounts to 31-03-2025
- €106,067▲ 272%
- €7,127
- -€57,872▲ 11.0%
- €587,289▲ 25.0%
- Employeeson 31-03-2025
- 1
- Filing
- Filed on 31-10-2025
Insights on SIMCOMA
SIMCOMA files the micro format. That format states no turnover. The gross margin rose from €66,830 in 2023 to €106,067 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 31-10-2025, on the day of the deadline€106,067
▲ 272%
€18,210
▲ €39,879
€7,127
▲ €37,104
-€64,472
▲ €11,791
-9.9%
▲ 4.0 percentage points
0.40
▲ 0.11
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 ≈ €330,000. Estimated: probably between €240,000 and €410,000.
Amounts without an identifiable currency are taken as euros.
Balance sheet
balance sheet total €587,289 on 31-03-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
-9.9%
Higher than 22% of 18,509 companies in 2025.
0.40
Higher than 19% of 17,864 companies in 2025.
1.2%
Higher than 40% of 17,961 companies in 2025.
SIMCOMA
Middle half of the sector
80% of the sector
Micro accounts in food and beverage service (NACE 56)
Net result: middle half · Equity: bottom quarter · Balance sheet total: top quarter · Working capital: bottom quarter
Staff
€41,657
Staff costs divided by the average number of full-time equivalents.
+1 person
people who joined
people who left
In 2025, 1 person joined and nobody left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
587,289 | 470,009 | 530,984 | |
21/28 |
545,168 | 439,287 | 479,365 | |
21 |
9,995 | 17,995 | 25,995 | |
22/27 |
535,174 | 421,292 | 453,370 | |
22 |
477,653 | 361,088 | 373,414 | |
23 |
41,508 | 40,791 | 46,488 | |
24 |
16,012 | 19,413 | 33,468 | |
29/58 |
42,121 | 30,722 | 51,620 | |
3 |
15,322 | 9,607 | 7,175 | |
30/36 |
15,322 | 9,607 | 7,175 | |
40/41 |
17,330 | 8,683 | 4,813 | |
40 |
17,330 | 8,683 | 1,675 | |
41 |
- | - | 3,139 | |
54/58 |
8,373 | 10,341 | 34,751 | |
490/1 |
1,096 | 2,090 | 4,881 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
587,289 | 470,009 | 530,984 | |
10/15 |
-57,872 | -64,999 | -35,022 | |
10/11 |
1,000 | 1,000 | 1,000 | |
14 |
-58,872 | -65,999 | -36,022 | |
17/49 |
645,161 | 535,007 | 566,006 | |
17 |
538,568 | 427,158 | 430,124 | |
170/4 |
496,095 | 384,685 | 387,651 | |
178/9 |
42,473 | 42,473 | 42,473 | |
42/48 |
106,593 | 106,984 | 133,244 | |
42 |
51,057 | 53,443 | 49,116 | |
44 |
20,626 | 18,285 | 48,972 | |
440/4 |
20,626 | 18,285 | 48,972 | |
45 |
2,443 | 2,382 | 246 | |
450/3 |
- | - | 246 | |
454/9 |
2,443 | 2,382 | - | |
47/48 |
32,466 | 32,874 | 34,911 | |
492/3 |
- | 865 | 2,638 | |
| Income statement | ||||
9900 |
106,067 | 28,510 | 66,830 | |
62 |
41,657 | 10,220 | 894 | |
630 |
41,991 | 35,791 | 85,636 | |
640/8 |
4,209 | 4,168 | 6,730 | |
9901 |
18,210 | -21,669 | -26,430 | |
75/76B |
0 | 1,482 | 5,342 | |
75 |
0 | 1,482 | 5,342 | |
65/66B |
10,864 | 9,568 | 14,688 | |
65 |
10,864 | 9,568 | 14,688 | |
9903 |
7,347 | -29,755 | -35,776 | |
67/77 |
219 | 222 | 246 | |
9904 |
7,127 | -29,977 | -36,022 | |
9905 |
7,127 | -29,977 | -36,022 | |
| Appropriation of the result | ||||
9906 |
-58,872 | -65,999 | -36,022 | |
14P |
-65,999 | -36,022 | - | |
| Social balance sheet | ||||
9087 |
1 | - | - | |
Hours worked1013 |
1,869 | - | - | |
| Document | ||||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 31-10-2025.
Filings
each dot is a set of accounts, on the day it reached the National BankSubsidies and aid
Flemish government 2025, 1 entry, €2,000 awarded, €2,000 paid
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 60,201 | 14,122 | 59,206 | ||
| 49,118 | 5,814 | 49,614 | ||
| 147,872 | 43,759 | 562,149 | ||
| -1,967 | -24,410 | - | ||
| -64,472 | -76,263 | -81,625 | ||
| -9.9% | -13.8% | -6.6% | ||
| 0.40 | 0.29 | 0.39 | ||
| 0.25 | 0.20 | 0.33 | ||
| 1.2% | -6.4% | -6.8% | ||
| 5.54 | 1.48 | 4.03 |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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.
Social balance sheet
| Item | 31-03-2025 |
|---|---|
| Employees at the balance-sheet date | 1 |
| full-time | 1 |
| in full-time equivalents | 1 |
| 1 | |
| On a permanent contract | 1 |
| Joined | 1 |
| Left | 0 |
Source: social balance sheet in the 2025 annual accounts
Securities and guarantees
on own assets and for others| Item | 31-03-2025 | 31-03-2024 | 31-03-2023 |
|---|---|---|---|
| Mortgages, amount registered | - | - | €55,000 |
| - | - | €573,650 | |
| Carrying value of the mortgaged assets | - | - | €373,414 |
Source: notes to the 2023 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 31-03-2025 | 31-03-2024 | 31-03-2023 |
|---|---|---|---|
| Tangible fixed assets | €147,872 | €43,759 | €522,149 |
| Intangible fixed assets | - | - | €40,000 |
| €41,991 | €35,791 | €85,636 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on SIMCOMA
The operating result for 2025 is a profit of €18,210, after a loss of €21,669 in 2024. It is the highest result since 2023.
Equity is negative. Debt (€645,161) exceeds the balance-sheet total (€587,289).
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
current term since 02-06-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 31-10-2025
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Indien de vennootschap door meer dan één bestuurders wordt bestuurd, mag iedere bestuurder, alleen optredend, alle handelingen stellen die…”deed of 10-06-2021
Mandates through the years
1 name, the dashed line is todayDirector (not named in the articles)
Board
Mandates as a list
-
- Director (not named in the articles), from 08-06-2021 to date
Control
Founder
This company
SIMCOMA
Equity -€57,872
Profit €7,127 in 2025
Capital
- Contribution
- €1,000
- Shares
- 100
- Contribution per share
- €10
- Equity per share
- -€579 in 2025
- Source
- deed of 10-06-2021
Articles of association
deed of 10-06-2021 (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.
- “Besturende vennootschap stelt vaste vertegenwoordiger aan, vaste vertegenwoordiger van rechtspersoon-bestuurder”
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- 100 shares
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Saturday of September at 14:00
- 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 10-06-2021 ↗
- 100 shares (100%) · €1,000 in cash
Capital transactions
Capital over time
- 10-06-2021 Incorporation · €1,000 · 100 shares
- 10-06-2021 Converted to unavailable equity · €1,000
Network & group
No group
SIMCOMA has no parent and no holdings in its annual accounts. is the only director. SIMCOMA shares no director with another company.
At the same address
Warandestraat 55, 8560 Wevelgem · 1 other company| Vandenbulcke, Ine (sole trader)
establishment since 15-02-2021 |
founded in 2021 0763.698.024 |
Timeline
Timeline
10 events since 2021Filings
Financial
Permits
Establishments
Address
202220242026
2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:0769435177
2025
Annual accounts 2025 filed PDFmicro format · on the deadline day
Environmental permit granted Nieuwbouw van bijgebouwen en niet overdekte lage constructie, Verbouwen en/of uitbreiden met functiewijziging en met wijziging van aantal woongelegenheden, Verbouwen en/of uitbreiden van bijgebouwen en niet overdekte lage constructies · Wevelgem
Back to profit net €7,127 The net result is €7,127, after 2 loss-making years.
2024
Annual accounts 2024 filed PDFmicro format · on the deadline day
2023
Annual accounts 2023 filed PDFmicro format · 1 day before the deadline
2022
Environmental permit granted Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Wevelgem
Registered office moved from Wevelgem to MoorseleNew registered office: Warandestraat 55, 8560 Moorsele · Previous registered office: Daalstraat 13, 8560 Wevelgem · General meeting of 03-02-20222 points ▸
- General meeting, 03-02-2022
- Registered-office move, Warandestraat 55, 8560 Moorsele
2021
IncorporationFounding capital of €1,000, 100 shares · Founder: (comparant) · Appointment: (director) · published on 10-06-20215 points ▸
- Founder, (comparant)
- Founding capital, €1,000, 100 shares
- Registered office clause, Daalstraat 13, 8560 Wevelgem (Gullegem)
- Board rule, 1
- Director appointment, (director (not named in the articles))
- The deed holds 6 more points.
First establishment Bankstraat 66, Wevelgem
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0769.435.177
- VAT number
- BE 0769.435.177
- Peppol ID
- 0208:0769435177
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 08-06-2021
- Financial year
- ends on 31 March
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Saturday of September at 14:00deed of 10-06-2021 (in Dutch)
- Peppol
- Reachable since 27-03-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- SIMCOMA in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 10-06-2021 (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 10-06-2021 (in Dutch)
Activities
NACEBEL 2025VAT activities
56112
Limited-service restaurants, excluding mobile food services main activity
Social security (RSZ) activities
56112
Limited-service restaurants, excluding mobile food services main activity
Codes under NACEBEL 2008
VAT activities
56102
Limited-service restaurants main activity
Social security (RSZ) activities
56102
Limited-service restaurants main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het uitbaten van een frituur (inhoudende onder meer de aankoop van aardappelen,oliën,vetten,grondstoffen,specerijen,sauzen,toebehoren en…”deed of 10-06-2021 (in Dutch)
4 activities
- Het uitbaten van een frituur (inhoudende onder meer de aankoop van aardappelen,oliën,vetten,grondstoffen,specerijen,sauzen,toebehoren en materiaal,de verkoop van frieten,vleesgerechten,snacks,..); verkoop aan de toog van eetwaren en dranken die ter plaatste verbruikt worden of afgehaald worden om mee te nemen. In het algemeen in een wegwerpverpakking aangeboden zoals onder andere in een frietkraam,frituur,hotdogstalletje,sandwichbar,…
- Horeca-activiteiten omvattende onder meer: het uitbaten,inrichten,huren en verhuren van een hotel,restaurant,bar,tearoom,drankgelegenheid,taverne (snack-café),cafetaria,brasseries,feestzalen,pizzeria’s,frituren,traiteurdiensten,dancings,amusementszalen,discotheken,… ; het organiseren van feesten,seminaries,bijeenkomsten,…; de detailverkoop van voedingswaren en (alcoholische) dranken; de huur-en verhuur van alle zalen en alle hierop aansluitende producten en activiteiten. Meer in het algemeen het verstrekken van alle diensten welk ressorteren onder de benaming horeca; de productie,de aankoop,de verkoop,de vertegenwoordiging,de in- en uitvoer van alle voedingswaren,dranken,benodigdheden,materialen in rechtstreeks of onrechtstreeks verband met de horecasector.
- De organisatie met inbegrip van de verhuur en huur van allerlei producten en diensten,de promotie en het beheer van optredens,festivals,fuiven,feesten en party’s,bruiloften,banketten lunches,recepties en allerhande evenementen; de organisatie van artistieke,culturele en amusementsactiviteiten en producten in de meest ruime zin van het woord.
- Catering en traiteurdiensten in het algemeen; het klaarmaken en bereiden,thuisbezorgen en eventueel serveren van maaltijden en bereide schotels; het organiseren en verzorgen van bruiloften,banketten,cocktails,lunches,recepties,enzovoort; het inrichten van banketten,feesten,demonstraties en degustaties alsmede alle andere aanverwante uitbatingen; aan-en verkoop,terbeschikkingstelling van horeca-artikelen,tafelversieringen en benodigdheden.
Registered office and establishments
1 establishment| Establishment | Since | Unit number | FASFC approval |
|---|---|---|---|
| Warandestraat 55 registered office 8560 Wevelgem | |||
| Bankstraat 66 8560 Wevelgem | 08-06-2021 | 2.317.974.950 | Itinerant food vendors Chip shop |
1 former office
- 8560 Wevelgem until 02-02-2022 · deed of 07-06-2022
Buildings and parcels at the addresses
- Ground area
- 1,342 m²
- Buildings
- 745 m²
- Volume, LiDAR
- 2,965 m³
- Tallest building
- 11.4 m
Buildings to scale, each on its own parcel
Environmental permits
2 applications in Flanders since 2022 · 2 granted| 20-08-2025 | Granted | Nieuwbouw van bijgebouwen en niet overdekte lage constructie; Verbouwen en/of uitbreiden met functiewijziging en met wijziging van aantal woongelegenheden; Verbouwen en/of uitbreiden van bijgebouwen en niet overdekte lage constructies submitted 08-05-2025 · project 2023140080 | Wevelgem |
| 17-08-2022 | Granted | Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden submitted 07-04-2022 · project 2022050124 | Wevelgem |
Source: Omgevingsloket Vlaanderen.
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 34029B1126/00S003 | 765 m² | 1 · 689 m² | 11.3 m · 1 |
| 34012B0841/00C000 | 577 m² | 1 · 56 m² | 3.0 m · 1 |
Recognitions
Food safety, FASFC
1 siteWevelgemunit number 2.317.974.950