SIMCONSULT
ActiveSummary
SIMCONSULT has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €376,645 and a net result of €106,961. Equity is growing by about 18% per year across the filed financial years. Its solvency ranks better than 45% of 15,714 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Financials · financial year 2025, micro format
Turnover
≈ €420,000
Estimated: probably between €340,000 and €510,000
Total assets
€719,109▲ 13.8%
2024 · €631,672
Net result
€106,961▲ 304%
2024 · €26,454
Working capital
€37,829
2024 · -€119,643
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result recovers in 2025; 2025 is over 3.5 times 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€151,677
2025
Net result€106,961
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€719,109
2025
Equity€376,645
2025
Debt€342,464
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€37,829
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)14.9%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency52.4%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.17
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)1.4
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 69, Legal and accounting activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€94,861-€72,171▼ 23.9%€54,611▼ 24.3%€17,828▼ 67.4%€47,069▲ 164%€43,004▼ 8.6%€151,677▲ 253%
Net result€81,778-€53,486within the sector's middle half▼ 34.6%€59,794within the sector's middle half▲ 11.8%€12,545within the sector's middle half▼ 79.0%€29,427within the sector's middle half▲ 135%€26,454within the sector's middle half▼ 10.1%€106,961above the sector's middle half▲ 304%
Equity€87,978-€141,464within the sector's middle half▲ 60.8%€201,258within the sector's middle half▲ 42.3%€213,803within the sector's middle half▲ 6.2%€243,230within the sector's middle half▲ 13.8%€269,683above the sector's middle half▲ 10.9%€376,645above the sector's middle half▲ 39.7%
Total assets€198,398-€249,498within the sector's middle half▲ 25.8%€429,727within the sector's middle half▲ 72.2%€533,955above the sector's middle half▲ 24.3%€599,075above the sector's middle half▲ 12.2%€631,672above the sector's middle half▲ 5.4%€719,109above the sector's middle half▲ 13.8%
Debt€110,420-€108,034▼ 2.2%€228,469▲ 111%€320,152▲ 40.1%€355,845▲ 11.1%€361,989▲ 1.7%€342,464▼ 5.4%
Working capital€72,487-€119,234within the sector's middle half▲ 64.5%-€37,702below the sector's middle half-€110,367below the sector's middle half▼ 193%-€130,636below the sector's middle half▼ 18.4%-€119,643below the sector's middle half▲ 8.4%€37,829within the sector's middle half
Solvency44.3%-56.7%within the sector's middle half▲ 12.4pp46.8%within the sector's middle half▼ 9.9pp40.0%within the sector's middle half▼ 6.8pp40.6%within the sector's middle half▲ 0.6pp42.7%within the sector's middle half▲ 2.1pp52.4%within the sector's middle half▲ 9.7pp
Current ratio2.48-3.22within the sector's middle half▲ 0.740.61below the sector's middle half▼ 2.610.48below the sector's middle half▼ 0.130.52below the sector's middle half▲ 0.040.60below the sector's middle half▲ 0.071.17within the sector's middle half▲ 0.57
Return on assets (ROA)41.2%-21.4%within the sector's middle half▼ 19.8pp13.9%within the sector's middle half▼ 7.5pp2.3%below the sector's middle half▼ 11.6pp4.9%within the sector's middle half▲ 2.6pp4.2%below the sector's middle half▼ 0.7pp14.9%within the sector's middle half▲ 10.7pp
Staff (FTE)3-2.82.7▼ 3.6%3.5▲ 29.6%1.4▼ 60.0%
above
within
below
the middle half of NACE 69, Legal and accounting activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €719,109
Fixed assets
€452,996 ▼ 0.6%
Current assets
€266,113 ▲ 51.2%
Equity and liabilities €719,109
Equity
€376,645 ▲ 39.7%
Debt
€342,464 ▼ 5.4%
Debt's share of the balance-sheet total falls from 57.3% to 47.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€153,753▲
2024 · €45,729
Cash flow
€109,037▲
2024 · €29,179
Debt to equity
0.91▼
2024 · 1.34
ROE
28.4%▲
2024 · 9.8%
Interest coverage
23.12▲
2024 · 7.09
Debt ≤ 1 year
€228,284▼
2024 · €295,603
Debt > 1 year
€113,946▲
2024 · €66,386
Income taxes
€38,348▲
2024 · €10,112
Staff costs
€68,221▼
2024 · €161,858
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €127,663 | €93,492 | €118,116 | €161,858 | €68,221 | ▼ 57.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €180 | €338 | €858 | €1,960 | €2,631 | €2,725 | €2,076 | ▼ 23.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €935 | - | - | - | - |
| Other operating charges640/8 | - | - | €1,176 | €3,015 | €1,328 | €1,198 | €969 | ▼ 19.1% |
| Non-recurring operating charges66A | - | - | - | - | - | - | €100 | - |
| Gross operating margin9900 | €234,426 | €187,397 | €184,308 | €117,230 | €169,144 | €208,785 | €223,043 | ▲ 6.8% |
| Operating profit (loss)9901 | €94,861 | €72,171 | €54,611 | €17,828 | €47,069 | €43,004 | €151,677 | ▲ 253% |
| Financial income75/76B | - | - | €4,517 | €13 | €100 | €9 | €283 | ▲ 31× |
| Recurring financial income75 | €1,437 | €1,786 | €4,517 | €13 | €100 | €9 | €283 | ▲ 31× |
| Non-recurring financial income76B | - | - | - | - | €100 | - | - | - |
| Financial charges65/66B | - | - | €3,096 | €4,630 | €4,579 | €6,447 | €6,651 | ▲ 3.2% |
| Recurring financial charges65 | €1,833 | €1,996 | €3,096 | €4,630 | €4,579 | €6,447 | €6,651 | ▲ 3.2% |
| Profit (loss) for the period before taxes9903 | €94,465 | €74,461 | €56,032 | €13,211 | €42,590 | €36,566 | €145,309 | ▲ 297% |
| Income taxes67/77 | €12,687 | €20,975 | -€3,762 | €666 | €13,163 | €10,112 | €38,348 | ▲ 279% |
| Profit (loss) for the period9904 | €81,778 | €53,486 | €59,794 | €12,545 | €29,427 | €26,454 | €106,961 | ▲ 304% |
| Profit (loss) for the period to be appropriated9905 | €81,778 | €53,486 | €59,794 | €12,545 | €29,427 | €26,454 | €106,961 | ▲ 304% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €198,398 | €249,498 | €429,727 | €533,955 | €599,075 | €631,672 | €719,109 | ▲ 13.8% |
| Fixed assets21/28 | €76,809 | €76,472 | €370,689 | €430,617 | €455,338 | €455,712 | €452,996 | ▼ 0.6% |
| Intangible fixed assets21 | €1,509 | €1,172 | €833 | €496 | €158 | - | - | - |
| Tangible fixed assets22/27 | - | - | €4,412 | €4,677 | €4,396 | €4,997 | €2,921 | ▼ 41.5% |
| Plant, machinery and equipment23 | - | - | - | €1,277 | €2,367 | €3,956 | €2,489 | ▼ 37.1% |
| Furniture and vehicles24 | - | - | €4,412 | €3,400 | €2,029 | €1,041 | €432 | ▼ 58.5% |
| Financial fixed assets28 | €75,300 | €75,300 | €365,444 | €425,444 | €450,784 | €450,715 | €450,075 | ▼ 0.1% |
| Current assets29/58 | €121,589 | €173,026 | €59,038 | €103,338 | €143,737 | €175,960 | €266,113 | ▲ 51.2% |
| Amounts receivable within one year40/41 | €95,031 | €120,833 | €35,663 | €82,126 | €121,494 | €149,982 | €233,136 | ▲ 55.4% |
| Trade receivables40 | - | - | €28,495 | €66,823 | €117,485 | €132,986 | €43,952 | ▼ 66.9% |
| Other amounts receivable41 | - | - | €7,168 | €15,303 | €4,009 | €16,996 | €189,184 | ▲ 11× |
| Current investments50/53 | €4,000 | €21,824 | €6,000 | €14,400 | €18,400 | €20,980 | €25,985 | ▲ 23.9% |
| Cash at bank and in hand54/58 | €21,941 | €29,268 | €8,765 | €397 | - | €2,215 | €4,626 | ▲ 109% |
| Deferred charges and accrued income490/1 | - | - | €8,610 | €6,415 | €3,843 | €2,783 | €2,366 | ▼ 15.0% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €198,398 | €249,498 | €429,727 | €533,955 | €599,075 | €631,672 | €719,109 | ▲ 13.8% |
| Equity10/15 | €87,978 | €141,464 | €201,258 | €213,803 | €243,230 | €269,683 | €376,645 | ▲ 39.7% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | - | €6,200 | €6,200 | €6,200 | - | - | - |
| Issued capital100 | - | - | €18,600 | €18,600 | €6,200 | - | - | - |
| Uncalled capital101 | - | - | €12,400 | €12,400 | - | - | - | - |
| Reserves13 | €81,760 | €135,246 | €195,040 | €195,040 | €207,585 | €263,465 | €370,445 | ▲ 40.6% |
| Non-distributable reserves130/1 | - | - | - | €195,040 | €207,585 | - | - | - |
| Legal reserve130 | - | - | - | €195,040 | €207,585 | - | - | - |
| Distributable reserves133 | - | - | €195,040 | - | - | €263,465 | €370,445 | ▲ 40.6% |
| Profit (loss) carried forward14 | €18 | €18 | €18 | €12,563 | €29,445 | €18 | - | - |
| Amounts payable17/49 | €110,420 | €108,034 | €228,469 | €320,152 | €355,845 | €361,989 | €342,464 | ▼ 5.4% |
| Amounts payable after more than one year17 | €61,318 | €54,242 | €130,869 | €106,447 | €81,472 | €66,386 | €113,946 | ▲ 71.6% |
| Financial debts170/4 | - | - | €130,869 | €106,447 | €81,472 | €66,386 | €113,946 | ▲ 71.6% |
| Amounts payable within one year42/48 | €49,102 | €53,792 | €96,740 | €213,705 | €274,373 | €295,603 | €228,284 | ▼ 22.8% |
| Current portion of amounts payable after more than one year42 | - | - | €27,897 | €28,435 | €30,009 | €19,153 | €29,921 | ▲ 56.2% |
| Financial debts43 | - | - | - | - | €21,633 | €34,717 | - | - |
| Credit institutions430/8 | - | - | - | - | €21,633 | €34,717 | - | - |
| Trade debts44 | €8,787 | €2,805 | €4,859 | €68,093 | €71,402 | €56,797 | €8,602 | ▼ 84.9% |
| Suppliers440/4 | - | - | €4,859 | €68,093 | €71,402 | €56,797 | €8,602 | ▼ 84.9% |
| Taxes, remuneration and social security45 | - | - | €47,702 | €48,576 | €74,317 | €113,673 | €174,236 | ▲ 53.3% |
| Taxes450/3 | - | - | €17,162 | €29,955 | €66,120 | €94,009 | €174,236 | ▲ 85.3% |
| Remuneration and social security454/9 | - | - | €30,540 | €18,621 | €8,197 | €19,664 | - | - |
| Other amounts payable47/48 | - | - | €16,282 | €68,601 | €77,012 | €71,263 | €15,525 | ▼ 78.2% |
| Accrued charges and deferred income492/3 | - | - | €860 | - | - | - | €234 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €81,778 | €53,486 | €59,794 | €12,545 | €29,427 | €26,454 | €106,961 | ▲ 304% |
| + Depreciation and write-downs630 | €180 | €338 | €858 | €1,960 | €2,631 | €2,725 | €2,076 | ▼ 23.8% |
| Operating cash flow (approximation) | €81,958 | €53,824 | €60,652 | €14,505 | €32,058 | €29,179 | €109,037 | ▲ 274% |
| Investment in fixed assets (approximation) | - | -€1 | -€295,075 | -€61,888 | -€27,352 | -€3,099 | €640 | - |
| Change in cash | - | €7,327 | -€20,503 | -€8,368 | - | - | €2,411 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (7)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 27-05-2026 | 2026-00122127 |
| 31-12-2024 | micro format | 27-08-2025 | 2025-00411246 |
| 31-12-2023 | micro format | 01-08-2024 | 2024-00322680 |
| 31-12-2022 | micro format | 28-08-2023 | 2023-00359820 |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20410114 |
| 31-12-2020 | micro format | 31-08-2021 | 2021-61200192 |
| 31-12-2019 | micro format | 06-11-2020 | 2020-69200241 |
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Of the 12,105 active companies whose main activity is certified accountants and tax accountants (NACE 69201), figures are known for 7,746. 5,856 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.