Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
Every financial year from 2022 to 2025 closed with a loss. 2024 was the heaviest.
Green is investment, beige is depreciation.
Ten of the last ten came late. The 2020 accounts came latest: 88 days after the end of the period.
Lower solvency than 95% of companies in computer programming and consultancy. Sector median 60.0% · 22,039 companies.
In July 2024, 6,920 companies had the same profile as SIMI has now. Each dot stands for 18 companies, two years later.
Another 0.7% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 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 6,920 companies, not a prediction for SIMI. 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.
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.
| Company | ||||
|---|---|---|---|---|
| SIMI Beyne-Heusay | €99,405 | -€8,301 | -74.1% | - |
| Argon7 Services Walhain | €104,090 | -€7,276 | 70.4% | - |
| LITTLE BIG MONKEY STUDIO Eghezée | €95,624 | -€2,238 | 99.7% | - |
| BEITSS Hasselt | €88,692 | -€8,048 | 94.4% | - |
| Fastlane Forest | €104,773 | -€17,222 | 81.6% | - |
| LKW - Consultancy Beerse | €88,969 | -€1,519 | -96.5% | - |
| RUNLEVEL Holsbeek | €117,074 | -€32,220 | 56.9% | - |
These companies have the same main activity as SIMI: computer programming (NACE 62100). They are comparable in size and age: total assets between €88,700 and €117,000, founded between 2011 and 2014.
SIMI files the micro format. That format states no turnover. The gross margin rose from -€26,765 in 2013 to -€8,301 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover: not included in this filing.
Lower than 95% of 22,039 companies in 2025.
Lower than 95% of 21,339 companies in 2025.
Higher than 8% of 21,530 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2015 | 2014 | 201314 months |
|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||
20/58 |
99,405 | 37,947 | 8,632 | 9,767 | 4,246 | 4,246 | 20,442 | |
21/28 |
70,846 | 36,596 | 8,096 | - | - | - | 13,698 | |
21 |
70,846 | 36,596 | 8,096 | - | - | - | - | |
22/27 |
- | - | - | - | - | - | 13,698 | |
23 |
- | - | - | - | - | - | 13,246 | |
24 |
- | - | - | - | - | - | 452 | |
29/58 |
28,559 | 1,351 | 536 | 9,767 | 4,246 | 4,246 | 6,744 | |
40/41 |
28,541 | 1,158 | 528 | 8,986 | 1,753 | 1,753 | 5,128 | |
40 |
- | - | 0 | 7,095 | - | - | - | |
41 |
28,541 | 1,158 | 528 | 1,890 | 1,753 | 1,753 | 5,128 | |
54/58 |
18 | 193 | 7 | 781 | 2,492 | 2,492 | 1,616 | |
| Balance sheet: equity and liabilities | ||||||||
10/49 |
99,405 | 37,947 | 8,632 | 9,767 | 4,246 | 4,246 | 20,442 | |
10/15 |
-73,708 | -54,924 | -36,045 | -18,413 | 0 | -59,077 | -32,728 | |
10/11 |
7,500 | 7,500 | 7,500 | 7,500 | 7,500 | 7,500 | 7,500 | |
100 |
- | - | - | - | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | 11,100 | 11,100 | 11,100 | |
14 |
-81,208 | -62,424 | -43,545 | -25,913 | -7,500 | -66,577 | -40,228 | |
17/49 |
173,113 | 92,870 | 44,677 | 28,180 | 4,246 | 63,322 | 53,170 | |
17 |
- | - | - | - | - | - | 43,212 | |
170/4 |
- | - | - | - | - | - | 43,212 | |
42/48 |
173,113 | 92,870 | 44,677 | 28,180 | 4,246 | 63,322 | 9,957 | |
42 |
- | - | - | - | - | - | 2,537 | |
44 |
5,278 | 2,869 | 12,232 | 172 | - | - | 6,994 | |
440/4 |
5,278 | 2,869 | 12,232 | 172 | - | - | 6,994 | |
45 |
0 | 0 | - | - | - | - | 427 | |
450/3 |
0 | 0 | - | - | - | - | 125 | |
454/9 |
- | - | - | - | - | - | 302 | |
47/48 |
167,835 | 90,002 | 32,445 | 28,008 | 4,246 | 63,322 | - | |
| Income statement | ||||||||
76A |
- | - | - | - | 59,077 | - | - | |
9900 |
-8,301 | -16,017 | -15,596 | -4,531 | - | -9,790 | -26,765 | |
60/61 |
- | - | - | - | - | 9,790 | 127,358 | |
62 |
- | - | - | - | - | 397 | 4,407 | |
630 |
10,250 | 2,500 | 1,904 | - | - | - | 3,226 | |
640/8 |
- | - | - | - | - | 154 | 1,239 | |
66A |
- | - | - | - | - | 11,913 | - | |
9901 |
-18,551 | -18,517 | -17,500 | -4,531 | - | -10,341 | -35,637 | |
75/76B |
- | - | - | 898 | - | 1 | 8 | |
75 |
- | - | - | 898 | - | 1 | 8 | |
65/66B |
234 | 362 | 132 | 241 | - | 4,097 | 4,599 | |
65 |
234 | 362 | 132 | 241 | - | 4,097 | 4,599 | |
9903 |
-18,784 | -18,878 | -17,632 | -3,874 | 59,077 | -26,349 | -40,228 | |
9904 |
-18,784 | -18,878 | -17,632 | -3,874 | 59,077 | -26,349 | -40,228 | |
9905 |
-18,784 | -18,878 | -17,632 | -3,874 | 59,077 | -26,349 | -40,228 | |
| Appropriation of the result | ||||||||
9906 |
-81,208 | -62,424 | -43,545 | -25,913 | -7,500 | -66,577 | -40,228 | |
14P |
-62,424 | -43,545 | -25,913 | -22,039 | - | - | - | |
| Social balance sheet | ||||||||
9087 |
- | - | - | - | - | - | 0.5 | |
Hours worked1013 |
- | - | - | - | - | - | 993 | |
| Document | ||||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 16-09-2026.
2025 annual accounts filed 47 days after the deadline. Filed on 16 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00514019.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 16-09-2026 | 2026-00514019 | |
| 31-12-2024 | micro format | 18-08-2025 | 2025-00379773 | |
| 31-12-2023 | micro format | 31-08-2024 | 2024-00453944 | |
| 31-12-2022 | micro format | 23-08-2023 | 2023-00345020 | |
| 31-12-2020 | micro format | 27-10-2021 | 2021-73500290 | |
| 31-12-2019 | micro format | 01-09-2020 | 2020-51100046 | |
| 31-12-2018 | full format | 12-08-2019 | 2019-45700328 | |
| 31-12-2017 | full format | 28-08-2018 | 2018-52300386 | |
| 31-12-2016 | micro format | 31-08-2017 | 2017-57700412 | |
| 31-12-2015 | full format | 31-08-2016 | 2016-55600008 | |
| 31-12-2014 | full format | 22-08-2015 | 2015-46700506 | |
| 31-12-2013 | full format | 20-08-2014 | 2014-44100080 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2015 | 2014 | 201314 months |
|---|---|---|---|---|---|---|---|---|
| -8,301 | -16,017 | -15,596 | - | - | - | -32,411 | ||
| -8,534 | -16,378 | -15,728 | - | - | - | -37,002 | ||
| 44,500 | 31,000 | 10,000 | - | - | 13,001 | 16,924 | ||
| -175 | 185 | -773 | - | 0 | 877 | - | ||
| -144,554 | -91,519 | -44,141 | -18,413 | 0 | -59,077 | -3,213 | ||
| -74.1% | -144.7% | -417.6% | -188.5% | - | - | -160.1% | ||
| 0.16 | 0.01 | 0.01 | 0.35 | - | - | 0.68 | ||
| -18.9% | -49.7% | -204.3% | -39.7% | - | - | -196.8% | ||
| -35.52 | -44.28 | -118.60 | - | - | - | - | ||
| - | - | - | - | - | - | 20 days |
EBIT margin: not included in this filing.
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.
| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Intangible fixed assets | €44,500 | €31,000 | €10,000 | - |
| €10,250 | €2,500 | €1,904 | - |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €18,551, larger than the loss of €18,517 in 2024. It is the lowest result since 2013.
Equity is negative. Debt (€173,113) exceeds the balance-sheet total (€99,405).
SIMI has no parent and no holdings in its annual accounts. is the only director.
via , at SIMI, last mentioned in 2020 · Manager · deed of 18-02-2020 Open bankruptcy · founded in 2018 |
1 FTE (2019) |
via , at SIMI, last mentioned in 2020 · Director · deed of 31-01-2017 founded in 2006 · negative equity (2025) |
total assets €922,641 (2025) |
The network starts from the earlier ties.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Rue Voie des Près 65 registered office 4610 Beyne-Heusay | 01-12-2012 | 2.214.390.531 |
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