SIMLA INVEST
Open bankruptcyA bankruptcy procedure is open for SIMLA INVEST according to publications in the Belgian State Gazette; curator: MARGA PIETERS. The file additionally contains 4 judicial reorganisations.
No longer registered with the KBO; last annual accounts for fiscal year 2020.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 6 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline22-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 04-10-2021, 65 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
65 d late
2019
430 d late
← before the deadline
after the deadline →
Financials · fiscal year 2020, micro schema
Equity
€-1.70M▲ 1.7%
2019 · €-1.73M
2018: €-1.89M
2019: €-1.73M
2018 → 2020
Total assets
€41k▼ 8.3%
2019 · €45k
2018: €48k
2019: €45k
2018 → 2020
Net result
€5k▲ 20.8%
2019 · €4k
2018: €3k
2019: €4k
2018 → 2020
Working capital
€-397k▲ 26.0%
2019 · €-537k
2018: €-571k
2019: €-537k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€-1.89M-€-1.73M▲ 8.2%€-1.70M▲ 1.7%
Operating result€90k-€79k▼ 12.0%€81k▲ 2.4%
Net result€3k-€4k▲ 40.7%€5k▲ 20.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2020; 2020 is 2% above 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €41k
Fixed assets
€1=
Current assets
€41k▼ 8.3%
Key figures and ratios
Current ratio
0.09▲
2019 · 0.08
Quick ratio
0.09▲
2019 · 0.08
Debt / equity
-0.76▼
2019 · -0.66
ROA
12.8%▲
2019 · 9.7%
Debt
€1.74M▼
2019 · €1.78M
Debt ≤ 1 year
€439k▼
2019 · €582k
Debt > 1 year
€1.29M▲
2019 · €1.15M
A ratio outside any meaningful range has been withheld (balance sheet total €41k, equity €-1.70M).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€45k€41k▼
Fixed assets21/28€1€1=
Financial fixed assets28€1€1=
Current assets29/58€45k€41k▼
Amounts receivable within one year40/41€32k€39k▲
Cash at bank and in hand54/58€13k€3k▼
Equity and liabilities
Total equity and liabilities10/49€45k€41k▼
Equity10/15€-1.73M€-1.70M▲
Reserves13€50k€50k=
Profit (loss) carried forward14€-2.43M€-2.43M▲
Amounts payable17/49€1.78M€1.74M▼
Amounts payable after more than one year17€1.15M€1.29M▲
Amounts payable within one year42/48€582k€439k▼
Trade debts44€36k€17k▼
Income statement
Code20192020
Gross operating margin9900€129k€133k▲
Operating profit (loss)9901€79k€81k▲
Recurring financial income75€162-
Recurring financial charges65€78k€76k▼
Profit (loss) for the period before taxes9903€1k€5k▲
Income taxes67/77€-3k-
Profit (loss) for the period9904€4k€5k▲
Profit (loss) for the period to be appropriated9905€4k€5k▲
Timeline · acts, filings and financial milestones
2022
14-06
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · SIMLA INVEST BV ATOMVELD- STRAAT(DE) 2/3, 9450 HAALTERT · event 07-06-2022
31-01
Judicial reorganisation
Plan homologation
Ondernemingsrechtbank Gent · 20210009 · event 24-01-2022
2021
04-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 65 days late
04-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 430 days late
29-09
Judicial reorganisation
Opening
Ondernemingsrechtbank Gent · collectif · event 20-09-2021
2020
31-12
Financial
Highest result since 2018net €5k ▲20.8%
Net result €5k, the highest in the series.
29-10
Judicial reorganisation
Plan homologation
Ondernemingsrechtbank Gent · 20200008 · event 26-10-2020
17-07
Judicial reorganisation
Opening
Ondernemingsrechtbank Gent · collectif · event 09-07-2020
2019
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
15-02
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 199 days late
2017
08-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 130 days late
2016
20-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | MARGA PIETERS AFFLIGEMDREEF 144, 9300 AALST- |
07-06-2022 → present |