Simko
ActiveFrom the official registers: KBO 27 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
Simko has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €120,704 and a net result of €6,754. Equity remains stable across the filed financial years (±1.1% per year). Its solvency ranks better than 51% of 13,716 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Overview
Official details
KBO- Status
- Active since 28-01-1998 Normal situation
- Legal form
- Private limited company
- Registered office
- Stationsstraat 16, 8380 Brugge
- Activity
- Wholesale trade NACE 46713
- Establishment unit
- 2.085.601.552 2290 Vorselaar, since 24-02-1998
- Financial year end
- 30 June
- Peppol
- Reachable since 18-12-2025
How it is doing
- Bankruptcy probabilitywithin 12 months
- 1.1%
- Gross margin
- €22,492
- ▲ 426%
- Turnover
- ≈ €690,000
- estimated
- Profit
- €6,754
- Equity
- €120,704
- ▲ 5.9%
- Total assets
- €291,244
- ▲ 14.4%
Why 66raises risk1 change of registered office in 24 monthsLiquidity: current ratio 0.20, cash €7,325, halvedSector: Wholesale trade (NACE 46)lowers riskFounded in 1998Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro): better than 50% on solvency, 27% on liquidity, 57% on profitability and 57% on growth.
The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 48 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Financials · financial year 2025, micro format
Annual accounts 2025
- Financial year ended
- 30-06-2025
- Filed on
- 08-12-2025
- Format
- micro format
- Reference
- 2025-00577255
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result returns to profit in 2025: €8,156 after a loss of €3,481 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 17,041 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94.4% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,041 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,201 | €1,953 | €3,711 | €4,086 | €4,645 | €7,070 | €13,636 | ▲ 92.9% |
| Other operating charges640/8 | - | - | - | €1,362 | €755 | €685 | €700 | ▲ 2.2% |
| Non-recurring operating charges66A | - | - | - | - | €516 | - | - | - |
| Gross operating margin9900 | €19,236 | €69,029 | €24,644 | -€8,847 | €8,532 | €4,274 | €22,492 | ▲ 426% |
| Operating profit (loss)9901 | €21,034 | €66,904 | €20,412 | -€14,295 | €2,615 | -€3,481 | €8,156 | - |
| Financial income75/76B | - | - | - | €47 | €115 | €231 | €65 | ▼ 72.1% |
| Recurring financial income75 | €663 | €223 | €106 | €47 | €115 | €231 | €65 | ▼ 72.1% |
| Financial charges65/66B | - | - | - | €1,113 | €959 | €927 | €797 | ▼ 14.0% |
| Recurring financial charges65 | €505 | €469 | €928 | €1,113 | €959 | €927 | €797 | ▼ 14.0% |
| Profit (loss) for the period before taxes9903 | €21,192 | €66,659 | €19,590 | -€15,362 | €1,772 | -€4,176 | €7,424 | - |
| Income taxes67/77 | €8,148 | €21,716 | €4,333 | €1,083 | - | - | €670 | - |
| Profit (loss) for the period9904 | €13,044 | €44,943 | €15,257 | -€16,445 | €1,772 | -€4,176 | €6,754 | - |
| Profit (loss) for the period to be appropriated9905 | €13,044 | €44,943 | €15,257 | -€16,445 | €1,772 | -€4,176 | €6,754 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €151,210 | €175,690 | €217,342 | €190,496 | €201,628 | €254,636 | €291,244 | ▲ 14.4% |
| Fixed assets21/28 | €4,053 | €2,759 | €75,244 | €73,133 | €103,016 | €212,692 | €262,950 | ▲ 23.6% |
| Tangible fixed assets22/27 | €4,053 | €2,759 | €75,244 | €73,133 | €103,016 | €212,692 | €262,950 | ▲ 23.6% |
| Land and buildings22 | - | - | - | - | €101,333 | €211,743 | €262,539 | ▲ 24.0% |
| Plant, machinery and equipment23 | - | - | - | €2,805 | €1,619 | €949 | €411 | ▼ 56.7% |
| Other tangible fixed assets26 | - | - | - | €70,328 | €64 | - | - | - |
| Current assets29/58 | €147,158 | €172,931 | €142,097 | €117,363 | €98,611 | €41,944 | €28,294 | ▼ 32.5% |
| Stocks and contracts in progress3 | €5,802 | €3,492 | €296 | €7,263 | €10,587 | €3,474 | €4,838 | ▲ 39.3% |
| Stocks30/36 | - | - | - | €7,263 | €10,587 | €3,474 | €4,838 | ▲ 39.3% |
| Amounts receivable within one year40/41 | €91,009 | €39,111 | €15,856 | €10,561 | €43,414 | €19,030 | €13,927 | ▼ 26.8% |
| Trade receivables40 | - | - | - | €7,293 | €42,832 | €18,880 | €8,656 | ▼ 54.2% |
| Other amounts receivable41 | - | - | - | €3,268 | €582 | €150 | €5,271 | ▲ 35× |
| Cash at bank and in hand54/58 | €50,348 | €130,239 | €125,945 | €99,539 | €44,419 | €19,440 | €7,325 | ▼ 62.3% |
| Deferred charges and accrued income490/1 | - | - | - | - | €193 | - | €2,204 | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €151,210 | €175,690 | €217,342 | €190,496 | €201,628 | €254,636 | €291,244 | ▲ 14.4% |
| Equity10/15 | €72,600 | €117,543 | €132,800 | €116,355 | €118,127 | €113,950 | €120,704 | ▲ 5.9% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €33,860 | €45,860 | €45,860 | €45,860 | €111,927 | €107,750 | €114,504 | ▲ 6.3% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €44,000 | €110,067 | €105,890 | €112,644 | ▲ 6.4% |
| Profit (loss) carried forward14 | €32,540 | €65,483 | €80,740 | €64,295 | - | - | - | - |
| Amounts payable17/49 | €78,610 | €58,147 | €84,542 | €74,141 | €83,501 | €140,685 | €170,540 | ▲ 21.2% |
| Amounts payable after more than one year17 | - | - | €52,473 | €46,736 | €40,918 | €35,019 | €29,038 | ▼ 17.1% |
| Financial debts170/4 | - | - | - | €46,736 | €40,918 | €35,019 | €29,038 | ▼ 17.1% |
| Amounts payable within one year42/48 | €78,610 | €58,147 | €32,069 | €27,406 | €42,583 | €105,666 | €141,502 | ▲ 33.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €5,737 | €5,818 | €5,899 | €5,981 | ▲ 1.4% |
| Trade debts44 | €67,955 | €42,486 | €3,012 | €4,754 | €21,553 | €30,711 | €12,685 | ▼ 58.7% |
| Suppliers440/4 | - | - | - | €4,754 | €21,553 | €30,711 | €12,685 | ▼ 58.7% |
| Taxes, remuneration and social security45 | - | - | - | - | - | €843 | €670 | ▼ 20.5% |
| Taxes450/3 | - | - | - | - | - | €843 | €670 | ▼ 20.5% |
| Other amounts payable47/48 | - | - | - | €16,914 | €15,212 | €68,214 | €122,165 | ▲ 79.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,044 | €44,943 | €15,257 | -€16,445 | €1,772 | -€4,176 | €6,754 | - |
| + Depreciation and write-downs630 | €2,201 | €1,953 | €3,711 | €4,086 | €4,645 | €7,070 | €13,636 | ▲ 92.9% |
| Operating cash flow (approximation) | €15,245 | €46,896 | €18,968 | -€12,359 | €6,417 | €2,893 | €20,390 | ▲ 605% |
| Investment in fixed assets (approximation) | - | -€660 | -€76,196 | -€1,974 | -€34,528 | -€116,745 | -€63,894 | ▲ 45.3% |
| Change in cash | - | €79,891 | -€4,294 | -€26,406 | -€55,121 | -€24,979 | -€12,115 | ▲ 51.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 27 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 08-12-2025 | 2025-00577255 | |
| 30-06-2024 | micro format | 18-12-2024 | 2024-00618629 | |
| 30-06-2023 | micro format | 04-12-2023 | 2023-00521048 | |
| 30-06-2022 | abbreviated format | 05-12-2022 | 2022-20531638 | |
| 30-06-2021 | abbreviated format | 06-12-2021 | 2021-79400390 | |
| 30-06-2020 | abbreviated format | 29-12-2020 | 2020-77300302 | |
| 30-06-2019 | abbreviated format | 27-12-2019 | 2019-77500581 | |
| 30-06-2018 | abbreviated format | 27-12-2018 | 2018-75800516 | |
| 30-06-2017 | abbreviated format | 28-12-2017 | 2017-73400375 | |
| 30-06-2016 | abbreviated format | 20-12-2016 | 2016-70800059 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2023 · 1 entry · €49,319 awardedPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| SIMONS Koen René Josephina |
|
| SIMONS Walter Alice Ludovicus |
|
How the board is organised
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 11. Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Één of meer bestuurders, algemene vergadering die benoemt”
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vereist voor statutenwijziging, op elk moment”
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed
Articles of association, deed of 12-12-2025
Owners and capital
Capital and shareholders
- 12-12-2025 Converted to unavailable equity
Shares according to the articles of association
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, aard van de aandelen”
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Helft ten laste overdrager,helft ten laste koper(s) naar evenredigheid aantal bij meer kopers, elke aandeelhouder”
- Share issue ruleHow and by whom new shares can be issued.
- “Inbreng in geld met uitgifte nieuwe aandelen–recht van voorkeur, niet geheel uitgeoefend,overblijvende aandelen eerst aan andere…”
Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
Articles of association, deed of 12-12-2025 (in Dutch)
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
12-12
Gazette deed
Resignations: SIMONS Walter Alice Ludovicus (manager) and SIMONS Koen René Josephina (manager)Appointment: SIMONS Koen René Josephina (director) · Registered office clause · Power of attorney12 facts ▸
- Registered office clause, “8380 Lissewege, Stationsstraat 16A” (deed in Dutch)
- Power of attorney, Mayke Op de Beeck
- General meeting, 04-12-2025
- Registered-office move, 8380 Lissewege,Stationsstraat 16A
- Director resignation, SIMONS Walter Alice Ludovicus (manager)
- Director resignation, SIMONS Koen René Josephina (manager)
- Director appointment, SIMONS Koen René Josephina (director (not named in the articles))
- Other provision, “aanpassing statuten aan WVV met behoud rechtsvorm, statuten aanpassen aan WVV” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “vormen en meerderheden van statutenwijziging, statutair onbeschikbare eigen vermogensrekening opheffen en middelen beschikbaar maken voor uitkering” (deed in Dutch)
- Amendment of the articles
- Capital
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Who it is
KBO recordWhere it is based
What it does
NACEBEL 2025Invoicing and payment
Financial year and general meeting
Accounts at the NBBScores and ratios are computed by Checked and are not a credit decision.
Purpose, financial year and meetings according to the articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Aan-en verkoop zowel groot-als kleinhandel van oliën en vetten; Aan-en verkoop zowel groot-als kleinhandel van…”
2 activities
- Aan-en verkoop zowel groot-als kleinhandel van oliën en vetten;
- Aan-en verkoop zowel groot-als kleinhandel van anti-gels,koelvloeistoffen,koeloliën,en zepen en alle andere verwante producten.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- SIMKO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest”
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Friday of November at 19:00
Articles of association, deed of 12-12-2025 (in Dutch)
Environmental permits
Source: Omgevingsloket Vlaanderen.
Sites & property
1 establishment unit
Buildings and parcels at the addresses
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13044C0046/00V000 | Flanders | 2,904 m² | 1 · 225 m² | 14.7 m · 2 |
| 31016D0756/00V002 | Flanders | 635 m² | 1 · 66 m² | 7.5 m · 2 |
1 of these parcels carries protected heritage: expect extra rules on renovation or sale.