Equity
SIMMES has made a profit without a break since 2012.
The dashed line is the sector median: 0.4% across 26,888 companies (NACE 46, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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). It does better than 62% of them on solvency, 50% on liquidity, 60% on profitability and 60% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 14,766 companies had the same profile as SIMMES has now. Each dot stands for 37 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SIMMES itself: 0.1% within 12 months.
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 14,766 companies, not a prediction for SIMMES. 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.
Liquidity is insufficient, with a current ratio of 0.17 (0.12 in 2024), below 1. Short-term debt is 14.1% and cash 2.1% of total assets. 44.8% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 14 days after the deadline. In the sector (NACE 55), the median for financial year 2024 was 1 day before the deadline, and 45% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| SIMMES Bruges | €593,896 | €43,021 | 55.2% | - |
| CARAVELLE Spa | €658,769 | €47,962 | -2.7% | - |
| MARABELLE Ecaussinnes | €652,158 | €53,018 | 70.9% | - |
| MONTBLEU Sprimont | €613,454 | €48,789 | 0.8% | - |
| GEERT VERMEULEN Damme | €655,673 | €33,572 | 56.7% | - |
| FESTINA LENTE A MALVOISIN Wielsbeke | €751,351 | €66,617 | 17.5% | - |
| TORENHUIS Veurne | €700,850 | €72,100 | 7.1% | - |
These companies have the same main activity as SIMMES: holiday cottages, homes and apartments (NACE 55203). They are comparable in size and age: total assets between €613,000 and €751,000, founded between 2001 and 2008.
SIMMES files the micro format. That format states no turnover. The gross margin rose from €39,678 in 2006 to €43,021 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €170,000. Estimated: probably between €100,000 and €310,000.
Higher than 76% of 1,607 companies in 2025.
Higher than 24% of 1,560 companies in 2025.
Higher than 67% of 1,580 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: middle half · Working capital: middle half
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
593,896 | 594,562 | 601,685 | 610,662 | 621,370 | 637,745 | 633,521 | 649,043 | 672,675 | 691,797 | 707,363 | 755,682 | 746,449 | 725,628 | 763,992 | 665,552 | 603,167 | 635,459 | 658,221 | 688,439 | |
20 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 180 | |
21/28 |
579,828 | 585,346 | 590,863 | 596,380 | 601,897 | 607,415 | 612,932 | 618,449 | 623,966 | 639,884 | 648,001 | 657,898 | 670,945 | 661,880 | 666,651 | 642,011 | 563,592 | 603,546 | 637,100 | 673,339 | |
21 |
- | - | - | - | - | - | - | - | - | 10,400 | 13,000 | 15,600 | 18,200 | 20,800 | 23,400 | - | - | - | - | - | |
22/27 |
579,828 | 585,346 | 590,863 | 596,380 | 601,897 | 607,415 | 612,932 | 618,449 | 623,966 | 629,484 | 635,001 | 642,298 | 652,745 | 641,080 | 643,251 | 642,011 | 563,592 | 595,176 | 628,730 | 664,789 | |
22 |
579,828 | 585,346 | 590,863 | 596,380 | 601,897 | 607,415 | 612,932 | 618,449 | 623,966 | 629,484 | 635,001 | 640,518 | 646,035 | 628,266 | 633,783 | 642,011 | 563,592 | 594,246 | 626,857 | 661,549 | |
23 |
- | - | - | - | - | - | - | - | - | - | - | - | 3,150 | 7,474 | 2,348 | - | - | - | - | - | |
24 |
- | - | - | - | - | - | - | - | - | - | - | 1,780 | 3,560 | 5,340 | 7,120 | - | - | 930 | 1,874 | 3,240 | |
28 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 8,370 | 8,370 | 8,370 | |
29/58 |
14,068 | 9,216 | 10,823 | 14,281 | 19,473 | 30,331 | 20,589 | 30,594 | 48,709 | 51,914 | 59,362 | 97,784 | 75,503 | 63,748 | 97,342 | 23,542 | 39,574 | 31,913 | 21,121 | 15,100 | |
3 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 565 | 565 | 565 | 565 | |
30/36 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 565 | 565 | 565 | 565 | |
40/41 |
1,847 | 58 | 1,946 | 2,253 | 1,671 | 1,655 | 1,818 | 1,839 | 13,880 | 24,328 | 16,531 | 37,975 | 31,812 | 31,899 | 42,906 | 22,076 | 37,543 | 28,096 | 6,641 | 778 | |
40 |
- | - | 1,821 | 1,821 | 1,379 | 1,379 | 1,379 | 1,379 | 11,664 | 23,096 | 15,299 | 36,760 | 30,079 | 30,123 | 38,128 | 6,699 | 3,730 | 10,472 | 4,384 | 200 | |
41 |
1,847 | 58 | 125 | 432 | 293 | 276 | 440 | 461 | 2,216 | 1,232 | 1,232 | 1,215 | 1,733 | 1,775 | 4,777 | 15,377 | 33,813 | 17,624 | 2,257 | 579 | |
54/58 |
12,221 | 9,158 | 8,876 | 12,028 | 17,802 | 28,676 | 17,727 | 28,754 | 34,829 | 27,202 | 42,470 | 59,587 | 41,581 | 28,277 | 51,387 | 1,466 | 1,466 | 2,238 | 13,683 | 13,757 | |
490/1 |
- | - | - | - | - | - | 1,044 | - | - | 384 | 361 | 222 | 2,111 | 3,573 | 3,049 | - | - | 1,014 | 232 | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
593,896 | 594,562 | 601,685 | 610,662 | 621,370 | 637,745 | 633,521 | 649,043 | 672,675 | 691,797 | 707,363 | 755,682 | 746,449 | 725,628 | 763,992 | 665,552 | 603,167 | 635,459 | 658,221 | 688,439 | |
10/15 |
327,975 | 305,500 | 279,877 | 260,039 | 246,208 | 232,228 | 222,729 | 208,522 | 188,002 | 158,043 | 138,475 | 121,796 | 98,116 | 46,792 | 28,776 | 41,875 | -18,062 | -5,208 | 10,687 | 8,091 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 6,250 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 12,350 | |
13 |
309,375 | 286,900 | 261,277 | 241,439 | 227,608 | 213,628 | 204,129 | 189,922 | 169,402 | 139,443 | 119,875 | 103,196 | 79,516 | 28,192 | 10,176 | 23,275 | 1,860 | 1,860 | 1,860 | 1,860 | |
130/1 |
- | - | - | - | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
- | - | - | - | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
309,375 | 286,900 | 261,277 | 241,439 | 225,748 | 211,768 | 202,269 | 188,062 | 167,542 | 137,583 | 118,015 | 101,336 | 77,656 | 26,332 | 8,316 | 21,415 | - | - | - | - | |
14 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -38,522 | -25,668 | -9,773 | -19 | |
16 |
- | - | - | - | - | - | 1,740 | 1,740 | 1,740 | 1,740 | 4,000 | - | - | - | - | - | - | - | - | - | |
160/5 |
- | - | - | - | - | - | 1,740 | 1,740 | 1,740 | 1,740 | 4,000 | - | - | - | - | - | - | - | - | - | |
162 |
- | - | - | - | - | - | 1,740 | 1,740 | 1,740 | 1,740 | - | - | - | - | - | - | - | - | - | - | |
17/49 |
265,921 | 289,062 | 321,809 | 350,623 | 375,162 | 405,517 | 409,052 | 438,781 | 482,934 | 532,014 | 564,888 | 633,886 | 648,332 | 678,836 | 735,216 | 623,678 | 621,228 | 640,668 | 647,534 | 680,348 | |
17 |
182,043 | 213,676 | 244,880 | 275,651 | 306,015 | 335,967 | 343,631 | 372,511 | 400,919 | 428,849 | 460,724 | 494,487 | 533,105 | 569,671 | 604,296 | 551,163 | 581,648 | 598,141 | 613,924 | 641,305 | |
170/4 |
182,043 | 213,676 | 244,880 | 275,651 | 306,015 | 335,967 | 343,631 | 372,511 | 400,919 | 428,849 | 460,724 | 494,487 | 533,105 | 569,671 | 604,296 | 551,163 | 581,648 | 598,141 | 613,924 | 641,305 | |
42/48 |
83,878 | 75,386 | 76,929 | 74,972 | 69,148 | 69,551 | 65,422 | 66,270 | 78,264 | 102,612 | 103,611 | 138,846 | 114,674 | 109,164 | 130,292 | 71,715 | 38,780 | 36,368 | 23,796 | 31,814 | |
42 |
31,633 | 31,204 | 30,771 | 30,364 | 29,952 | 29,362 | 28,880 | 28,409 | 27,929 | 27,458 | 33,763 | 38,618 | 36,567 | 34,624 | 32,708 | 17,235 | 16,493 | 15,783 | 15,031 | 14,456 | |
43 |
- | - | - | - | 16 | - | - | - | - | - | - | - | - | - | - | 9,303 | 15,628 | - | - | - | |
430/8 |
- | - | - | - | 16 | - | - | - | - | - | - | - | - | - | - | 9,303 | 15,628 | - | - | - | |
44 |
8,438 | 1,900 | 3,821 | 5,517 | 3,750 | 4,167 | 4,461 | 4,311 | - | 30,630 | 12,374 | 27,259 | 23,008 | 27,248 | 53,846 | 9,341 | 6,659 | 8,877 | 6,815 | 15,755 | |
440/4 |
8,438 | 1,900 | 3,821 | 5,517 | 3,750 | 4,167 | 4,461 | 4,311 | - | 30,630 | 12,374 | 27,259 | 23,008 | 27,248 | 53,846 | 9,341 | 6,659 | 8,877 | 6,815 | 15,755 | |
45 |
5,745 | 5,830 | 7,709 | 10,433 | 8,799 | 10,103 | 6,731 | 9,650 | 27,139 | 16,195 | 13,472 | 37,279 | 22,528 | 10,849 | 14,399 | 12,531 | - | - | 241 | - | |
450/3 |
5,745 | 5,830 | 7,709 | 10,433 | 8,799 | 10,103 | 6,731 | 9,650 | 27,139 | 16,195 | 13,472 | 35,413 | 17,133 | 5,375 | 12,495 | 12,531 | - | - | 241 | - | |
454/9 |
- | - | - | - | - | - | - | - | - | - | - | 1,866 | 5,395 | 5,474 | 1,904 | - | - | - | - | - | |
47/48 |
38,063 | 36,452 | 34,628 | 28,658 | 26,631 | 25,918 | 25,350 | 23,900 | 23,196 | 28,329 | 44,001 | 35,690 | 32,572 | 36,443 | 29,338 | 23,304 | - | 11,709 | 1,709 | 1,604 | |
492/3 |
- | - | - | - | - | - | - | - | 3,750 | 553 | 553 | 553 | 553 | - | 629 | 800 | 800 | 6,159 | 9,814 | 7,229 | |
| Income statement | |||||||||||||||||||||
76A |
- | - | - | - | - | - | - | - | - | - | - | - | 23,287 | - | - | 87,171 | - | - | - | - | |
9900 |
43,021 | 52,029 | 41,963 | 33,443 | 34,205 | 28,163 | 36,660 | 47,265 | 74,422 | 61,139 | 70,954 | 102,335 | 119,229 | 105,001 | 52,455 | 26,509 | 57,951 | 48,159 | 55,445 | 39,678 | |
62 |
- | - | - | - | - | - | - | - | - | - | -78 | 9,740 | 25,860 | 29,282 | 8,907 | - | - | 853 | 348 | 948 | |
630 |
5,517 | 5,517 | 5,517 | 5,517 | 5,517 | 5,517 | 5,517 | 5,517 | 5,517 | 8,117 | 8,117 | 13,047 | 14,221 | 14,221 | 13,781 | 8,753 | 31,584 | 33,554 | 36,239 | 28,792 | |
635/8 |
- | - | - | - | - | -1,740 | - | - | - | -2,260 | 4,000 | - | - | - | - | - | - | - | - | - | |
640/8 |
3,882 | 5,638 | 3,819 | 3,486 | 3,391 | 4,336 | 2,974 | 3,870 | 3,431 | 4,508 | 3,611 | 3,128 | 6,622 | 2,995 | 2,661 | 4,966 | 344 | 1,723 | 1,672 | 1,547 | |
66A |
- | - | - | - | - | - | - | - | 10,400 | - | 280 | - | - | - | - | - | 8,370 | - | - | - | |
9901 |
33,622 | 40,874 | 32,627 | 24,440 | 25,297 | 20,049 | 28,169 | 37,877 | 55,073 | 50,773 | 55,304 | 76,419 | 72,526 | 58,504 | 27,106 | 12,790 | 26,023 | 12,029 | 17,187 | 8,392 | |
75/76B |
- | - | - | - | - | 1 | - | - | 4 | 2 | 196 | 197 | 259 | 77 | 22 | 21 | 595 | 1 | 102 | 62 | |
75 |
- | - | - | - | - | 1 | - | - | 4 | 2 | 196 | 197 | 259 | 77 | 22 | 21 | 595 | 1 | 102 | 62 | |
65/66B |
5,475 | 6,202 | 5,567 | 5,547 | 6,251 | 7,123 | 7,531 | 8,007 | 9,780 | 15,056 | 28,142 | 29,797 | 32,436 | 35,564 | 40,226 | 27,550 | 31,101 | 27,913 | 27,042 | 18,689 | |
65 |
5,475 | 6,202 | 5,567 | 5,547 | 6,251 | 7,123 | 7,531 | 8,007 | 9,780 | 15,056 | 28,142 | 29,797 | 32,436 | 35,564 | 40,226 | 27,550 | 31,101 | 27,913 | 27,042 | 18,689 | |
9903 |
28,147 | 34,672 | 27,060 | 18,893 | 19,046 | 12,927 | 20,638 | 29,871 | 45,297 | 35,718 | 27,077 | 46,819 | 63,636 | 23,016 | -13,098 | 72,432 | -12,854 | -15,883 | -9,754 | -10,235 | |
67/77 |
5,672 | 9,048 | 7,222 | 5,062 | 5,066 | 3,428 | 6,431 | 9,350 | 15,338 | 16,151 | 10,397 | 23,139 | 12,311 | 5,000 | - | 12,495 | - | 12 | - | - | |
9904 |
22,475 | 25,624 | 19,838 | 13,831 | 13,980 | 9,499 | 14,207 | 20,520 | 29,959 | 19,567 | 16,680 | 23,679 | 51,324 | 18,016 | -13,098 | 59,936 | -12,854 | -15,895 | -9,754 | -10,235 | |
9905 |
22,475 | 25,624 | 19,838 | 13,831 | 13,980 | 9,499 | 14,207 | 20,520 | 29,959 | 19,567 | 16,680 | 23,679 | 51,324 | 18,016 | -13,098 | 59,936 | -12,854 | -15,895 | -9,754 | -10,235 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
22,475 | 25,624 | 19,838 | 13,831 | 13,980 | 9,499 | 14,207 | 20,520 | 29,959 | 19,567 | 16,680 | 23,679 | 51,324 | 18,016 | -13,098 | 21,415 | -38,522 | -25,668 | -9,773 | -19 | |
791/2 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 13,098 | - | - | - | - | - | |
691/2 |
22,475 | 25,624 | 19,838 | 13,831 | 13,980 | 9,499 | 14,207 | 20,520 | 29,959 | 19,567 | 16,680 | 23,679 | 51,324 | 18,016 | - | 21,415 | - | - | - | - | |
6921 |
22,475 | 25,624 | 19,838 | 13,831 | 13,980 | 9,499 | 14,207 | 20,520 | 29,959 | 19,567 | 16,680 | 23,679 | 51,324 | 18,016 | - | 21,415 | - | - | - | - | |
| Social balance sheet | |||||||||||||||||||||
9087 |
- | - | - | - | - | - | - | - | - | - | - | 0.8 | 0.8 | 0.8 | 0.3 | - | - | - | - | - | |
Hours worked1013 |
- | - | - | - | - | - | - | - | - | - | - | 584 | 1,368 | 1,296 | 464 | - | - | - | - | - | |
| Document | |||||||||||||||||||||
The accounts for 3 older financial years (2003-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 9 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 29-06-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 29-06-2026 | 2026-00251732 | |
| 31-12-2024 | micro format | 25-07-2025 | 2025-00324456 | |
| 31-12-2023 | micro format | 31-07-2024 | 2024-00315349 | |
| 31-12-2022 | micro format | 29-08-2023 | 2023-00385168 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20423643 | |
| 31-12-2020 | micro format | 31-08-2021 | 2021-58400083 | |
| 31-12-2019 | micro format | 14-09-2020 | 2020-54100113 | |
| 31-12-2018 | micro format | 23-08-2019 | 2019-50300150 | |
| 31-12-2017 | micro format | 30-07-2018 | 2018-40600295 | |
| 31-12-2016 | micro format | 30-06-2017 | 2017-26700455 | |
| 31-12-2015 | abbreviated format | 31-08-2016 | 2016-55800071 | |
| 31-12-2014 | abbreviated format | 31-07-2015 | 2015-39000036 | |
| 31-12-2013 | abbreviated format | 12-08-2014 | 2014-41400010 | |
| 31-12-2012 | abbreviated format | 29-08-2013 | 2013-51300119 | |
| 31-12-2011 | abbreviated format | 27-07-2012 | 2012-34900438 | |
| 31-12-2010 | abbreviated format | 02-08-2011 | 2011-37300527 | |
| 31-12-2009 | abbreviated format | 27-08-2010 | 2010-46900538 | |
| 31-12-2008 | abbreviated format | 30-09-2009 | 2009-79500147 | |
| 31-12-2007 | abbreviated format | 11-06-2008 | 2008-21100087 | |
| 31-12-2006 | abbreviated format | 25-05-2007 | 2007-15900137 | |
| 31-12-2005 | abbreviated format | 30-05-2006 | 2006-17701894 | |
| 31-12-2004 | abbreviated format | 15-07-2005 | 2005-50005101 | |
| 31-12-2003 | abbreviated format | 07-09-2004 | 2004-63402416 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 39,139 | 46,391 | 38,144 | 29,957 | 30,814 | 25,567 | 33,686 | 43,395 | 60,591 | 58,890 | 63,421 | 89,466 | 86,747 | 72,725 | 40,887 | 21,543 | 57,607 | 45,583 | 53,425 | 37,183 | ||
| 27,992 | 31,141 | 25,355 | 19,348 | 19,497 | 15,017 | 19,724 | 26,038 | 35,476 | 27,685 | 24,797 | 36,727 | 65,545 | 32,237 | 683 | 68,689 | 18,730 | 17,659 | 26,484 | 18,556 | ||
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -10,400 | 0 | -1,780 | 0 | 23,287 | 9,450 | 38,422 | 87,171 | -8,370 | 0 | 0 | 692,515 | ||
| 3,062 | 282 | -3,152 | -5,773 | -10,874 | 10,949 | -11,027 | -6,075 | 7,627 | -15,269 | -17,116 | 18,006 | 13,304 | -23,110 | 49,921 | 0 | -772 | -11,444 | -75 | - | ||
| -69,810 | -66,170 | -66,107 | -60,691 | -49,675 | -39,220 | -44,832 | -35,677 | -29,555 | -50,699 | -44,248 | -41,062 | -39,170 | -45,416 | -32,950 | -48,173 | 794 | -4,455 | -2,675 | -16,714 | ||
| 55.2% | 51.4% | 46.5% | 42.6% | 39.6% | 36.4% | 35.2% | 32.1% | 27.9% | 22.8% | 19.6% | 16.1% | 13.1% | 6.4% | 3.8% | 6.3% | -3.0% | -0.8% | 1.6% | 1.2% | ||
| 0.17 | 0.12 | 0.14 | 0.19 | 0.28 | 0.44 | 0.31 | 0.46 | 0.62 | 0.51 | 0.57 | 0.70 | 0.66 | 0.58 | 0.75 | 0.33 | 1.02 | 0.88 | 0.89 | 0.47 | ||
| 0.17 | 0.12 | 0.14 | 0.19 | 0.28 | 0.44 | 0.31 | 0.46 | 0.62 | 0.51 | 0.57 | 0.70 | 0.66 | 0.58 | 0.75 | 0.33 | 1.01 | 0.86 | 0.86 | 0.46 | ||
| 0.81 | 0.95 | 1.15 | 1.35 | 1.52 | 1.75 | 1.84 | 2.10 | 2.57 | 3.37 | 4.08 | 5.20 | 6.61 | 14.51 | 25.55 | 14.89 | - | - | 60.59 | 84.08 | ||
| 6.9% | 8.4% | 7.1% | 5.3% | 5.7% | 4.1% | 6.4% | 9.8% | 15.9% | 12.4% | 12.0% | 19.4% | 52.3% | 38.5% | -45.5% | 143.1% | - | - | -91.3% | -126.5% | ||
| 3.8% | 4.3% | 3.3% | 2.3% | 2.2% | 1.5% | 2.2% | 3.2% | 4.5% | 2.8% | 2.4% | 3.1% | 6.9% | 2.5% | -1.7% | 9.0% | -2.1% | -2.5% | -1.5% | -1.5% | ||
| 7.15 | 7.48 | 6.85 | 5.40 | 4.93 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
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 | 2021 |
|---|---|---|---|---|---|
| Mortgages, amount registered | €718,200 | €718,200 | €718,200 | €718,200 | €718,200 |
| Carrying value of the mortgaged assets | €579,828 | €585,346 | €590,863 | €596,380 | €601,897 |
| €125,000 | €125,000 | €125,000 | €125,000 | €125,000 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
The operating result for 2025 is 18% lower than in 2024.
Debt's share of the balance-sheet total falls from 48.6% to 44.8%. Equity is higher and debt is lower.
SIMMES has no parent and no holdings in its annual accounts. MESTDAGH Henk Robert Cecile is the only director.
| RAADHUIS B&F
registered office since 01-01-2008 · founded in 1992 |
22 FTE (2025) 0447.965.004 |
| RAADHUIS VERZEKERINGEN
registered office since 25-10-2002 · founded in 2001 |
7.9 FTE (2025) 0476.255.548 |
| INVESTORAMA
registered office since 13-07-2011 · founded in 2011 |
total assets €1.3m (2025) 0837.931.431 |
| RAADHUIS FIN
registered office since 01-11-2012 · founded in 2010 |
3.3 FTE (2025) 0826.869.273 |
| BD-CONSULT
registered office since 05-01-1994 · founded in 1994 |
total assets €580,298 (2025) 0451.609.927 |
| Raadhuis Findustries
registered office since 01-01-2018 |
founded in 2018 0686.592.031 |
| Misseeuw Alexander
registered office since 29-06-2011 |
founded in 2011 0837.474.145 |
The connected companies are in the list below.
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 |
|---|---|---|
| Torhoutse Steenweg 272 registered office 8200 Bruges | 12-02-2003 | 2.123.652.870 |
| Sint-Franciscusstraat 20 8400 Ostend | 10-06-2026 | 2.390.271.228 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 31027D0535/00Z003 | 1,201 m² | 1 · 492 m² | 10.3 m · 1 |
| 35013A4643/00A000 | 605 m² | - | - |
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