SIMHOUSE CONCEPT
ActiveSummary
SIMHOUSE CONCEPT has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€30,297) and a net result of -€437. Equity is shrinking by about 32% per year across the filed financial years. Its solvency ranks better than 5% of 17,033 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- SIMHOUSE CONCEPT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Limites prévues par l'article 2:4 CSA, Région Wallonne” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 7- Gestion et représentation La société est administrée par un ou plusieurs associés commandités et/ou par un ou plusieurs tiers…”
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Cédées au candidat cessionnaire moyennant agrément, nullité” (deed in French)
- Membership ruleWho can become a member or partner, and on what terms.
- “Prix reflétant la valeur de marché, lettre recommandée à l'organe d'administration et aux autres associés” (deed in French)1 more provision on this in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of June at 17:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Organe d'administration, assemblée générale” (deed in French)