Similes Vlaanderen
ActiveSummary
Similes Vlaanderen has been active since 1972 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €558k and a net result of €-47k. Equity is growing by ~9.9% per year across the filed fiscal years. Its solvency ranks better than 67% of 502 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability7▼-67
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 6.86 against 8.33 in 2024; short-term debt: 14.2% and cash: 63.5% of total assets), and 21.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 94
Relative position
BE, all sectors
reference
Sector 94
lower
← fewer bankruptcies
more bankruptcies →
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
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
78.7%
Return on assets
-6.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-09-2026, 39 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 · 7 filingsDeviation from the deadline
2025
39 d late
2024
99 d late
2023
33 d late
2022
830 d late
2021
32 d early
2020
47 d late
2019
46 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€27k
EBIT margin
-230.3%
Net result
€-47k
2024 · €30k
2019: €-19k
2020: €86k
2021: €235k
2022: €62k
2023: €-9k
2024: €30k
2019 → 2025
Working capital
€590k▼ 7.5%
2024 · €638k
2019: €306k
2020: €367k
2021: €543k
2022: €700k
2023: €827k
2024: €638k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€27k
Equity€532k-€587k▲ 10.4%€575k▼ 2.1%€604k▲ 5.1%€558k▼ 7.7%
Operating result€235k-€62k▼ 73.8%€-32k€25k€-62k
Net result€235k-€62k▼ 73.5%€-9k€30k€-47k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €62k after €25k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €709k
Fixed assets
€18k ▲ 219%
Current assets
€691k ▼ 4.7%
Equity and liabilities €709k
Equity
€558k ▼ 7.7%
Debt
€151k ▲ 19.8%
Debt's share of the balance-sheet total rises from 17.3% to 21.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-47k▼
2024 · €30k
Cash flow
€-32k▼
2024 · €35k
Current ratio
6.86▼
2024 · 8.33
Quick ratio
6.85▼
2024 · 8.30
Debt to equity
0.27▲
2024 · 0.21
ROE
-8.3%▼
2024 · 4.9%
ROA
-6.6%▼
2024 · 4.0%
Interest coverage
-58.54▼
2024 · 49.27
Debt ≤ 1 year
€101k▲
2024 · €87k
Staff costs
€789k▼
2024 · €924k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€731k€709k▼
Fixed assets21/28€6k€18k▲
Intangible fixed assets21-€18k
Tangible fixed assets22/27€5k€0▼
Other tangible fixed assets26€5k€0▼
Financial fixed assets28€250€150▼
Current assets29/58€725k€691k▼
Stocks and contracts in progress3€3k€920▼
Stocks30/36€3k€920▼
Amounts receivable within one year40/41€225k€227k▲
Trade receivables40€225k€227k▲
Cash at bank and in hand54/58€473k€450k▼
Deferred charges and accrued income490/1€24k€13k▼
Equity and liabilities
Total equity and liabilities10/49€731k€709k▼
Equity10/15€604k€558k▼
Reserves13€186k€196k▲
Profit (loss) carried forward14€419k€362k▼
Amounts payable17/49€126k€151k▲
Amounts payable within one year42/48€87k€101k▲
Trade debts44€32k€20k▼
Suppliers440/4€32k€20k▼
Taxes, remuneration and social security45€55k€81k▲
Remuneration and social security454/9€55k€81k▲
Accrued charges and deferred income492/3€39k€51k▲
Income statement
Code20242025
Turnover70-€27k
Non-recurring operating income76A€275€0▼
Goods, raw materials, services and sundry goods60/61-€204k
Remuneration, social security and pensions62€924k€789k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€15k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€956k€743k▼
Operating profit (loss)9901€25k€-62k▼
Financial income75/76B€5k€16k▲
Recurring financial income75€5k€6k▲
Non-recurring financial income76B€701€10k▲
Financial charges65/66B€615€810▲
Recurring financial charges65€615€810▲
Profit (loss) for the period before taxes9903€30k€-47k▼
Profit (loss) for the period9904€30k€-47k▼
Profit (loss) for the period to be appropriated9905€30k€-47k▼
Appropriation of the result
Profit (loss) to be appropriated9906€419k€372k▼
Profit (loss) brought forward from the previous period14P€390k€419k▲
To contributions691€701€10k▲
Social balance
Average headcount (FTE)908713.711.4▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-09
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 39 days late
2025
31-12
Financial
Weakest financial yearnet €-47k ▼257%
Net result drops to €-47k, the lowest in the series.
07-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 99 days late
07-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 830 days late
2024
31-12
Financial
Back to profitnet €30k
Net result €30k after one loss-making year.
02-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 33 days late
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2019net €235k ▲174%
Operating result €235k, net result €235k, both a record.
31-12
Financial
Equity above €500kEq €532k ▲80.3%
2 profitable years in a row build equity to €532k.
16-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 47 days late
2020
31-12
Financial
Back to profitnet €86k
Net result €86k after one loss-making year.
15-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 46 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
13 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, Leuven · 1 establishment unit since 2006
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.
Groeneweg 1513001 LeuvenGround area
1.1 ha
Building footprint
1,371 m²
Parcel 24040A0056/00F009, Flanders. Linked by address, not a title deed.
1 establishment unit
Similes, Federatie van Vlaamse Simileskringen
since 20062.155.718.991
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24040A0056/00F009 | Flanders | 1.1 ha | 1 · 1,371 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
2022 to 2025 · 8 entries · 2,143,221 EUR awarded · 2,095,002 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 564,294 EUR | 563,313 EUR |
| 2024 | 2 | 549,039 EUR | 547,559 EUR |
| 2023 | 2 | 527,369 EUR | 583,429 EUR |
| 2022 | 2 | 502,519 EUR | 400,701 EUR |
Schemes
Sociaal-cultureel volwassenenwerk: Werkingssubsidie voor een sociaal-culturele volwassenenorganisatie met een werking in Vlaanderen en Brussel (Decreet Sociaal-cultureel Volwassenenwerk 2017)
Cultuur: Tewerkstellingssubsidie voor een organisatie in het culturele veld volgens de Vlaamse Intersectorale Akkoorden (VIA) (Decreet Vlaamse Intersectorale Akkoorden 2004)
Recognitions · licences · registrations
Care and welfare
1 service · 0 liveFEDERATIE VAN VLAAMSE SIMILESKRINGEN
Dual-learning approval
1 endedAdministratief medewerker (so)
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Of 386 companies in sector 94993 we hold annual accounts for 123. 100 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded20-11-1972
Fiscal year end31-12
Activities, NACEBEL 2025
94993Activities of membership organisations
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.