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SIMETI

Bankruptcy
Public limited companyfounded 1995Zone art. de la Rivièrette(SG) 9, 7330 Saint-Ghislain, BelgiumKBO/BCE: BE 0456.906.226
Summary

The KBO register records for SIMETI the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2020 annual accounts show negative equity (-€110,094) and a net result of €37,853.

Are you a creditor?

Open bankruptcy Source: KBO register

The KBO register records a bankruptcy for this company. If it owes you money, you are not paid automatically: you file your claim yourself.

The procedure

The publication of the judgment is not in our data. Court, date and curator are in RegSol: search by the enterprise number.

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
neutral · Filed after the deadline
The financial year that closed on 30-09-2020 was due by 30-04-2021 and was filed on 30-06-2021, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
61 d late
2019
59 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 1 day after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 1 October 1995, SIMETI was incorporated.1 Total assets went from EUR 466,409 in 2018 to EUR 770,078 in 2020.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2020

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2020, micro schema

Equity
-€110,094▲ 25.6%
2019 · -€147,947
Total assets
€770,078▲ 75.9%
2019 · €437,749
Net result
€37,853▼ 47.6%
2019 · €72,218
Working capital
-€152,370▼ 12.2%
2019 · -€135,795
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line201820192020
Operating result€94,056-€118,664▲ 26.2%€58,800▼ 50.4%
Net result€50,352-€72,218▲ 43.4%€37,853above the sector's middle half▼ 47.6%
Equity-€220,165--€147,947▲ 32.8%-€110,094below the sector's middle half▲ 25.6%
Total assets€466,409-€437,749▼ 6.1%€770,078within the sector's middle half▲ 75.9%
Debt€686,574-€585,696▼ 14.7%€880,172▲ 50.3%
Working capital-€121,172--€135,795▼ 12.1%-€152,370below the sector's middle half▼ 12.2%
Solvency-47.2%--33.8%▲ 13.4pp-14.3%below the sector's middle half▲ 19.5pp
Current ratio0.35-0.30▼ 0.060.73within the sector's middle half▲ 0.43
Return on assets (ROA)10.8%-16.5%▲ 5.7pp4.9%within the sector's middle half▼ 11.6pp
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50,000€100,000Operating result 2018: €94,056€94,056Net result 2018: €50,352€50,352Operating result 2019: €118,664€118,664Net result 2019: €72,218€72,218Operating result 2020: €58,800€58,800Net result 2020: €37,853€37,853201820192020€0€50,000€100,000Operating result 2018: €94,056€94,100Net result 2018: €50,352€50,400Operating result 2019: €118,664€119,000Net result 2019: €72,218€72,200Operating result 2020: €58,800€58,800Net result 2020: €37,853€37,900201820192020
The operating result falls in 2020; 2020 is 50% below 2019 and is the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €770,078
Fixed assets €360,366 ▼ 5.2%
Current assets €409,712 ▲ 612%
Key figures and ratios
2020 value · change against 2019
EBITDA
€78,600▼
2019 · €138,682
Cash flow
€57,653▼
2019 · €92,236
Debt to equity
-2.89▼
2019 · -2.65
Debt ≤ 1 year
€562,082▲
2019 · €193,378
Debt > 1 year
€318,090▼
2019 · €392,318
Income taxes
€17,469▼
2019 · €33,328
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2020 against 2019 · 25 lines
Balance sheet Code20192020
Assets
Total assets20/58€437,749€770,078▲
Fixed assets21/28€380,166€360,366▼
Tangible fixed assets22/27€308,186€288,386▼
Financial fixed assets28€71,980€71,980=
Current assets29/58€57,583€409,712▲
Amounts receivable within one year40/41€55,577€399,807▲
Cash at bank and in hand54/58€1,176€8,573▲
Equity and liabilities
Total equity and liabilities10/49€437,749€770,078▲
Equity10/15-€147,947-€110,094▲
Contributions10/11€148,736€148,736=
Reserves13€3,943€3,943=
Profit (loss) carried forward14-€300,626-€262,773▲
Amounts payable17/49€585,696€880,172▲
Amounts payable after more than one year17€392,318€318,090▼
Amounts payable within one year42/48€193,378€562,082▲
Trade debts44€25,209€26,961▲
Income statement Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20,018€19,800▼
Gross operating margin9900€149,920€86,446▼
Operating profit (loss)9901€118,664€58,800▼
Recurring financial income75-€16,177
Recurring financial charges65€13,118€19,655▲
Profit (loss) for the period before taxes9903€105,546€55,322▼
Income taxes67/77€33,328€17,469▼
Profit (loss) for the period9904€72,218€37,853▼
Profit (loss) for the period to be appropriated9905€72,218€37,853▼
Line201820192020Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20,522€20,018€19,800▼ 1.1%
Gross operating margin9900€128,974€149,920€86,446▼ 42.3%
Operating profit (loss)9901€94,056€118,664€58,800▼ 50.4%
Recurring financial income75--€16,177-
Recurring financial charges65€15,292€13,118€19,655▲ 49.8%
Profit (loss) for the period before taxes9903€78,764€105,546€55,322▼ 47.6%
Income taxes67/77€28,412€33,328€17,469▼ 47.6%
Profit (loss) for the period9904€50,352€72,218€37,853▼ 47.6%
Profit (loss) for the period to be appropriated9905€50,352€72,218€37,853▼ 47.6%
Line201820192020Change
Assets
Total assets20/58€466,409€437,749€770,078▲ 75.9%
Fixed assets21/28€400,184€380,166€360,366▼ 5.2%
Tangible fixed assets22/27€328,204€308,186€288,386▼ 6.4%
Financial fixed assets28€71,980€71,980€71,980=
Current assets29/58€66,225€57,583€409,712▲ 612%
Amounts receivable within one year40/41€56,116€55,577€399,807▲ 619%
Cash at bank and in hand54/58€3,583€1,176€8,573▲ 629%
Equity and liabilities
Total equity and liabilities10/49€466,409€437,749€770,078▲ 75.9%
Equity10/15-€220,165-€147,947-€110,094▲ 25.6%
Contributions10/11€148,736€148,736€148,736=
Reserves13€3,943€3,943€3,943=
Profit (loss) carried forward14-€372,844-€300,626-€262,773▲ 12.6%
Amounts payable17/49€686,574€585,696€880,172▲ 50.3%
Amounts payable after more than one year17€496,939€392,318€318,090▼ 18.9%
Amounts payable within one year42/48€187,397€193,378€562,082▲ 191%
Trade debts44€12,943€25,209€26,961▲ 6.9%
Line201820192020Change
Profit (loss) for the period9904€50,352€72,218€37,853▼ 47.6%
+ Depreciation and write-downs630€20,522€20,018€19,800▼ 1.1%
Operating cash flow (approximation)€70,874€92,236€57,653▼ 37.5%
Investment in fixed assets (approximation)-€0€0-
Change in cash--€2,407€7,397▲ 407%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2021
30-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
30-09
Financial Weakest financial yearnet €37,853 ▼47.6%
Net result drops to €37,853, the lowest in the series.
02-03
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial Highest result since 2018net €72,218 ▲43.4%
Operating result €118,664, net result €72,218, both a record.
27-02
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
30-04
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
06-04
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
13-05
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 13 days late
2015
21-08
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 113 days late
2014
19-05
NBB filing Annual accounts filed
fiscal year 2013 · full schema · 19 days late
2013
28-03
NBB filing Annual accounts filed
fiscal year 2012 · full schema
2012
28-03
NBB filing Annual accounts filed
fiscal year 2011 · full schema
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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Saint-Ghislain · 1 establishment unit since 1998
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Zone art. de la Rivièrette(SG) 97330 Saint-Ghislain
Ground area
4.0 ha
Building footprint
4.5 ha
Volume, LiDAR
489,968 m³
Parcel 53030D0160/00N000, Wallonia · tallest building 15.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Route de Wallonie (G.) 4, 7011 Mons
NACE 4511203
since 19982.091.126.790
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
53030D0160/00N000 Wallonia 4.0 ha 1 · 4.5 ha 15.1 m · 4 fl.
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.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 12,042 companies in sector 68203 we hold annual accounts for 6,005. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded01-10-1995
Fiscal year end30-09
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.