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Simmo

Active
Private limited companyfounded 198046 yrs activeKoningin Astridplein 45, 2018 Antwerpen, BelgiumKBO/BCE: BE 0420.293.179
Summary

Simmo has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €15,196 and a net result of -€20. Equity is shrinking by ~9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability37▲+17
Solvency100▲+1
Growth55▲+23
Track record100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 46 years 0 50 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
75.8%
Return on assets
-0.1%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
29 d late
2023
30 d late
2022
29 d late
2021
13 d early
2020
9 d early
2019
44 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 4 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Simmo was incorporated on 30 January 1980.1 Total assets fell from EUR 26,062 in 2018 to EUR 20,054 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Turnover
€4,403▲ 149%
2023 · €1,770
EBIT margin
-33.4%▲ 49.9pp
2023 · -83.3%
Net result
-€20▲ 98.6%
2023 · -€1,475
Working capital
€10,238▼ 5.8%
2023 · €10,863
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€1,770€4,403▲ 149%
Operating result€3,668▲ 18.6%€2,233▼ 39.1%-€5,072-€1,475▲ 70.9%-€1,471▲ 0.3%
Net result€3,426▲ 59.0%€1,038▼ 69.7%-€5,651-€1,475▲ 73.9%-€20▲ 98.6%
EBIT margin-83.3%-33.4%▲ 49.9pp
Equity€30,853▲ 12.5%€31,892▲ 3.4%€17,241▼ 45.9%€15,766▼ 8.6%€15,196▼ 3.6%
Total assets€32,818▲ 14.7%€36,547▲ 11.4%€23,247▼ 36.4%€21,444▼ 7.8%€20,054▼ 6.5%
Debt€1,965▲ 66.4%€4,655▲ 137%€6,006▲ 29.0%€5,678▼ 5.5%€4,858▼ 14.4%
Working capital€25,147▲ 19.4%€26,989▲ 7.3%€12,338▼ 54.3%€10,863▼ 12.0%€10,238▼ 5.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€7,500-€5,000-€2,500€0€2,500Operating result 2020: €3,668€3,668Net result 2020: €3,426€3,426Operating result 2021: €2,233€2,233Net result 2021: €1,038€1,038Operating result 2022: -€5,072-€5,072Net result 2022: -€5,651-€5,651Operating result 2023: -€1,475-€1,475Net result 2023: -€1,475-€1,475Operating result 2024: -€1,471-€1,471Net result 2024: -€20-€2020202021202220232024-€6,000-€4,000-€2,000€0Operating result 2022: -€5,072-€5,070Net result 2022: -€5,651-€5,650Operating result 2023: -€1,475-€1,480Net result 2023: -€1,475-€1,480Operating result 2024: -€1,471-€1,470Net result 2024: -€20-€20202220232024
The operating result stays negative: a loss of €1,471 in 2024 against €1,475 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €20,054
Fixed assets €4,958 =
Current assets €15,096 ▼ 8.4%
Equity and liabilities €20,054
Equity €15,196 ▼ 3.6%
Debt €4,858 ▼ 14.4%
Debt's share of the balance-sheet total falls from 26.5% to 24.2%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
Current ratio
3.11▲
2023 · 2.93
Debt to equity
0.32▼
2023 · 0.36
ROE
-0.1%▲
2023 · -9.4%
ROA
-0.1%▲
2023 · -6.9%
Debt ≤ 1 year
€4,858▼
2023 · €5,623
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,321 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.6% went bankrupt
8.5% stopped otherwise
90% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.0% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 12,321 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 40 lines
Balance sheet Code20232024
Assets
Total assets20/58€21,444€20,054▼
Fixed assets21/28€4,958€4,958=
Tangible fixed assets22/27€4,958€4,958=
Land and buildings22€4,958€4,958=
Current assets29/58€16,486€15,096▼
Amounts receivable within one year40/41€15,769€12,843▼
Other amounts receivable41€15,769€12,843▼
Cash at bank and in hand54/58€717€2,253▲
Equity and liabilities
Total equity and liabilities10/49€21,444€20,054▼
Equity10/15€15,766€15,196▼
Contributions10/11€20,000€20,000=
Capital10€20,000€20,000=
Issued capital100€20,000€20,000=
Reserves13€2,892€1,417▼
Non-distributable reserves130/1€1,474€1,417▼
Legal reserve130€1,474€1,417▼
Tax-exempt reserves132€1,418-
Profit (loss) carried forward14-€7,126-€6,221▲
Amounts payable17/49€5,678€4,858▼
Amounts payable within one year42/48€5,623€4,858▼
Trade debts44-€653
Suppliers440/4-€653
Taxes, remuneration and social security45€600-
Taxes450/3€600-
Other amounts payable47/48€5,023€4,205▼
Accrued charges and deferred income492/3€55-
Income statement Code20232024
Turnover70€1,770€4,403▲
Goods, raw materials, services and sundry goods60/61€2,327€4,830▲
Other operating charges640/8€918€1,044▲
Gross operating margin9900-€557-€427▲
Operating profit (loss)9901-€1,475-€1,471▲
Financial income75/76B-€1,499
Recurring financial income75-€1,499
Financial charges65/66B-€48
Recurring financial charges65-€48
Profit (loss) for the period before taxes9903-€1,475-€20▲
Profit (loss) for the period9904-€1,475-€20▲
Profit (loss) for the period to be appropriated9905-€1,475-€20▲
Appropriation of the result
Profit (loss) to be appropriated9906-€7,126-€6,221▲
Profit (loss) brought forward from the previous period14P-€5,651-€6,201▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Turnover70---€1,770€4,403▲ 149%
Goods, raw materials, services and sundry goods60/61--€4,517€2,327€4,830▲ 108%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€602€803----
Other operating charges640/8-€990€555€918€1,044▲ 13.7%
Gross operating margin9900€4,908€4,026-€4,517-€557-€427▲ 23.3%
Operating profit (loss)9901€3,668€2,233-€5,072-€1,475-€1,471▲ 0.3%
Financial income75/76B----€1,499-
Recurring financial income75€600---€1,499-
Financial charges65/66B-€65--€48-
Recurring financial charges65€42€61--€48-
Non-recurring financial charges66B-€4----
Profit (loss) for the period before taxes9903€4,226€2,168-€5,072-€1,475-€20▲ 98.6%
Income taxes67/77€800€1,130€579---
Profit (loss) for the period9904€3,426€1,038-€5,651-€1,475-€20▲ 98.6%
Profit (loss) for the period to be appropriated9905€3,426€1,038-€5,651-€1,475-€20▲ 98.6%
Line20202021202220232024Change
Assets
Total assets20/58€32,818€36,547€23,247€21,444€20,054▼ 6.5%
Fixed assets21/28€5,761€4,958€4,958€4,958€4,958=
Tangible fixed assets22/27€5,761€4,958€4,958€4,958€4,958=
Land and buildings22-€4,958€4,958€4,958€4,958=
Current assets29/58€27,057€31,589€18,289€16,486€15,096▼ 8.4%
Amounts receivable within one year40/41€10,565-€18,289€15,769€12,843▼ 18.6%
Other amounts receivable41--€18,289€15,769€12,843▼ 18.6%
Cash at bank and in hand54/58€15,892€31,589-€717€2,253▲ 214%
Equity and liabilities
Total equity and liabilities10/49€32,818€36,547€23,247€21,444€20,054▼ 6.5%
Equity10/15€30,853€31,892€17,241€15,766€15,196▼ 3.6%
Contributions10/11-€20,000€20,000€20,000€20,000=
Capital10--€20,000€20,000€20,000=
Issued capital100--€20,000€20,000€20,000=
Reserves13€10,853€11,892€2,892€2,892€1,417▼ 51.0%
Non-distributable reserves130/1-€1,474€1,474€1,474€1,417▼ 3.9%
Legal reserve130--€1,474€1,474€1,417▼ 3.9%
Reserves not available under the articles1311-€1,474----
Tax-exempt reserves132---€1,418--
Distributable reserves133-€10,418€1,418---
Profit (loss) carried forward14---€5,651-€7,126-€6,221▲ 12.7%
Amounts payable17/49€1,965€4,655€6,006€5,678€4,858▼ 14.4%
Amounts payable within one year42/48€1,910€4,600€5,951€5,623€4,858▼ 13.6%
Trade debts44--€1,493-€653-
Suppliers440/4--€1,493-€653-
Taxes, remuneration and social security45-€600€600€600--
Taxes450/3-€600€600€600--
Other amounts payable47/48-€4,000€3,858€5,023€4,205▼ 16.3%
Accrued charges and deferred income492/3-€55€55€55--
Line20202021202220232024Change
Profit (loss) for the period9904€3,426€1,038-€5,651-€1,475-€20▲ 98.6%
+ Depreciation and write-downs630€602€803----
Operating cash flow (approximation)€4,028€1,841-€5,651-€1,475-€20▲ 98.6%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash-€15,697--€1,536-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
29-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
29-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial Weakest financial yearnet -€5,651
Net result drops to -€5,651, the lowest in the series; recovery starts the following year.
18-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
22-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Highest result since 2018net €3,426 ▲59%
Operating result €3,668, net result €3,426, both a record.
17-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
27-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
17-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
08-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 8 days late
2016
04-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 4 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 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, Antwerpen · 1 establishment unit since 1983
seat establishment The establishment unit on the map
Ground area
103 m²
Building footprint
99 m²
Volume, LiDAR
1,792 m³
Parcel 11808H1269/00B000, Flanders · tallest building 26.7 m, ±6 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
Koningin Astridplein 45, 2018 Antwerpen
Renting and operating of own or leased residential real estate, excluding social housing
since 19832.036.324.166
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11808H1269/00B000 Flanders 103 m² 1 · 99 m² 26.7 m · 6 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded30-01-1980
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0420293179
Also 9925:BE0420293179
Registered 28-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.