SIMECO
ActiveSummary
SIMECO has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €546k and a net result of €23k. Equity is growing by ~44.3% per year across the filed fiscal years. Its solvency ranks better than 58% of 2015 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability68▼-3
Solvency79▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity short (current ratio 0.3 against 0.31 in 2024; short-term debt: 33.8% and cash: 0.2% of total assets), and 45.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
54.1%
Return on assets
2.3%
Age of the figures
15 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 20-01-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
6 d early
2023
1 d early
2022
on the day
2021
on the day
2020
9 d late
2019
6 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€546k▲ 4.5%
2024 · €523k
Total assets
€1.01M▼ 0.2%
2024 · €1.01M
Net result
€23k▼ 85.8%
2024 · €164k
Working capital
€-238k▼ 0.5%
2024 · €-237k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€18k▲ 11,688%€20k▲ 13.6%€34k▲ 65.1%€32k▼ 5.9%€38k▲ 20.5%
Net result€11k€13k▲ 20.3%€254k▲ 1,821%€164k▼ 35.2%€23k▼ 85.8%
Equity€92k▲ 13.6%€105k▲ 14.4%€359k▲ 242%€523k▲ 45.8%€546k▲ 4.5%
Total assets€169k▲ 4.0%€675k▲ 300%€681k▲ 0.9%€1.01M▲ 48.6%€1.01M▼ 0.2%
Debt€77k▼ 5.5%€570k▲ 642%€322k▼ 43.4%€489k▲ 51.7%€463k▼ 5.3%
Working capital€-42k▲ 12.1%€-529k▼ 1,172%€-282k▲ 46.6%€-237k▲ 16.2%€-238k▼ 0.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 21% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.01M
Fixed assets
€906k ▲ 0.1%
Current assets
€103k ▼ 2.8%
Equity and liabilities €1.01M
Equity
€546k ▲ 4.5%
Debt
€463k ▼ 5.3%
Debt's share of the balance-sheet total falls from 48.3% to 45.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€46k▲
2024 · €39k
Cash flow
€31k▼
2024 · €171k
Current ratio
0.30▼
2024 · 0.31
Debt to equity
0.85▼
2024 · 0.93
ROE
4.3%▼
2024 · 31.4%
ROA
2.3%▼
2024 · 16.2%
Interest coverage
5.55▲
2024 · 3.79
Debt ≤ 1 year
€341k▼
2024 · €342k
Debt > 1 year
€122k▼
2024 · €144k
Income taxes
€9k▲
2024 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €993 | €993 | €5k | €7k | €7k | ▲ 0.6% |
| Other operating charges640/8 | - | €2k | €2k | €3k | €2k | ▼ 42.2% |
| Gross operating margin9900 | €21k | €24k | €40k | €42k | €47k | ▲ 12.5% |
| Operating profit (loss)9901 | €18k | €20k | €34k | €32k | €38k | ▲ 20.5% |
| Financial income75/76B | - | €318 | €231k | €152k | €2k | ▼ 98.6% |
| Recurring financial income75 | €0 | €318 | €231k | €152k | €2k | ▼ 98.6% |
| Financial charges65/66B | - | €1k | €1k | €10k | €8k | ▼ 20.1% |
| Recurring financial charges65 | €2k | €1k | €1k | €10k | €8k | ▼ 20.1% |
| Profit (loss) for the period before taxes9903 | €16k | €20k | €264k | €173k | €32k | ▼ 81.3% |
| Income taxes67/77 | €5k | €6k | €10k | €9k | €9k | ▲ 1.4% |
| Profit (loss) for the period9904 | €11k | €13k | €254k | €164k | €23k | ▼ 85.8% |
| Profit (loss) for the period to be appropriated9905 | €11k | €13k | €254k | €164k | €23k | ▼ 85.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €169k | €675k | €681k | €1.01M | €1.01M | ▼ 0.2% |
| Fixed assets21/28 | €138k | €634k | €641k | €906k | €906k | ▲ 0.1% |
| Tangible fixed assets22/27 | €5k | €4k | €11k | €36k | €36k | ▲ 1.3% |
| Land and buildings22 | - | - | - | €24k | €23k | ▼ 3.4% |
| Furniture and vehicles24 | - | - | €8k | €10k | €12k | ▲ 17.7% |
| Other tangible fixed assets26 | - | €4k | €3k | €2k | €2k | ▼ 21.1% |
| Financial fixed assets28 | €134k | €630k | €630k | €870k | €870k | = |
| Current assets29/58 | €30k | €41k | €39k | €106k | €103k | ▼ 2.8% |
| Amounts receivable within one year40/41 | €12k | €19k | €34k | €98k | €94k | ▼ 4.0% |
| Trade receivables40 | - | - | €13k | €15k | €10k | ▼ 32.9% |
| Other amounts receivable41 | - | €19k | €21k | €84k | €85k | ▲ 1.0% |
| Cash at bank and in hand54/58 | €12k | €16k | €5k | €1k | €2k | ▲ 34.9% |
| Deferred charges and accrued income490/1 | - | €7k | €50 | €6k | €7k | ▲ 7.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €169k | €675k | €681k | €1.01M | €1.01M | ▼ 0.2% |
| Equity10/15 | €92k | €105k | €359k | €523k | €546k | ▲ 4.5% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €86k | €99k | €352k | €517k | €540k | ▲ 4.5% |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | €97k | €351k | €517k | €540k | ▲ 4.5% |
| Amounts payable17/49 | €77k | €570k | €322k | €489k | €463k | ▼ 5.3% |
| Amounts payable after more than one year17 | €5k | - | €477 | €144k | €122k | ▼ 14.8% |
| Financial debts170/4 | - | - | €477 | €144k | €122k | ▼ 14.8% |
| Amounts payable within one year42/48 | €72k | €570k | €322k | €342k | €341k | ▼ 0.5% |
| Current portion of amounts payable after more than one year42 | - | €13k | €6k | €29k | €27k | ▼ 8.7% |
| Trade debts44 | €21k | €12k | €2k | €1k | €1k | ▲ 1.9% |
| Suppliers440/4 | - | €12k | €2k | €1k | €1k | ▲ 1.9% |
| Taxes, remuneration and social security45 | - | €8k | €14k | €12k | €13k | ▲ 5.7% |
| Taxes450/3 | - | €2k | €10k | €8k | €10k | ▲ 19.6% |
| Remuneration and social security454/9 | - | €7k | €4k | €4k | €3k | ▼ 26.8% |
| Other amounts payable47/48 | - | €537k | €300k | €300k | €300k | = |
| Accrued charges and deferred income492/3 | - | - | - | €3k | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11k | €13k | €254k | €164k | €23k | ▼ 85.8% |
| + Depreciation and write-downs630 | €993 | €993 | €5k | €7k | €7k | ▲ 0.6% |
| Operating cash flow (approximation) | €12k | €14k | €258k | €171k | €31k | ▼ 82.2% |
| Investment in fixed assets (approximation) | - | €-496k | €-12k | €-272k | €-8k | ▲ 97.2% |
| Change in cash | - | €4k | €-11k | €-4k | €516 | ▲ 114% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
25-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Equity above €500kEq €523k ▲45.8%
4 profitable years in a row build equity to €523k.
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Highest result since 2019net €254k ▲1,821%
Net result €254k, the highest in the series.
31-03
Financial
Equity above €200kEq €359k ▲242%
3 profitable years in a row build equity to €359k.
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Equity above €100kEq €105k ▲14.4%
2 profitable years in a row build equity to €105k.
2021
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
2020
09-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 9 days late
31-03
Financial
Weakest financial yearnet €-3k
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
Show earlier events
2019
06-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 6 days late
2018
26-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 26 days late
2017
09-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 9 days late
2016
10-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Schilde · 1 establishment unit since 2013
Ground area
1,063 m²
Building footprint
208 m²
Volume, LiDAR
746 m³
Parcel 11041B0253/00C000, Flanders · tallest building 22.2 m. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Simeco
since 20132.223.308.393
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11041B0253/00C000 | Flanders | 1,063 m² | 1 · 208 m² | 22.2 m |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 975 EUR awarded · 975 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 975 EUR | 975 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 18,249 companies in sector 71111 we hold annual accounts for 6,319. 3,874 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-09-2013
Fiscal year end30-06
Activities, NACEBEL 2025
71111Activities of building architects
70200Business and other management consultancy
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.