Equity
€7.2m ▲ 382×
Equity rose in 2025 from €18,831 to €7.2m.
SimNco
Lifetime
9 annual accounts with figures on one time axispeak €71,309 (2020)
€63,434▲ 3.5%
peak €8.1m (2025)
€8.1m▲ 48×
peak €7.2m (2025)
€7.2m▲ 382×
€831,684▲ 220%
peak 0 FTE (2022)
0 FTE
Board2 names since 2016
1 director
Documentsfilings and deeds
31-07-2026on the last day
2025abbreviated format
Result from €168,175 to €8.1mDividend €950,000Equity from €18,831 to €7.2mDebts from €259,908 to €831,684Investments €10,374Cash from €250,930 to €41,914
Key points
from the 2025 annual accountsTurnover
≈ €130,000 estimated
The accounts state no turnover.
Debts
€831,684 ▲ 220%
Debts rose by €571,776 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
Liquidity
9.63 was 1.03 in 2024
Short-term debts rose from €259,908 to €831,684.
Filings
9 annual accounts 3 late
The 2019 accounts came latest: 31 days after the end of the period.
Position in the sector
€8.1m
Higher net result than 95% of companies in head offices and management consultancy. Sector median €43,533 · 10,631 companies.
Net result +4,730%: one-off income
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 546 companies had the same profile as SimNco has now. Each dot stands for 2 companies, two years later.
95.2%
were still trading
4.2%
stopped another way
0.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 546 companies, not a prediction for SimNco. 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.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0649582373
1 director appointed, 1 resignation, 1 reappointment
Resignation: · Reappointment: (director) · Appointment: (successor director) · General meeting of 16-01-2024 · Gazette deed
Registered office moved from Ixelles to Brussels
New registered office: Willebroekkaai 26b, 1000 Brussel · Previous registered office: Edelknaapstraat 56 bus 7, 1050 Elsene · General meeting of 10-05-2023 · Gazette deed
Incorporation
Founder: · Capital of €18,550, 1,000 shares · Appointment: (manager) · published on 07-03-2016 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SimNco Brussels | €8.0m | €63,434 | 89.6% | 0 |
| Tholeau Brussels | €8.2m | €69,472 | 87.3% | 0 |
| Upgrade Energy Holding Brussels | €8.4m | €63,773 | 75.5% | 0 |
| BILLY INVEST Tielt | €9.0m | €84,420 | 90.8% | 0 |
| ZIMMANS Wuustwezel | €5.5m | €48,564 | 98.0% | 0 |
| N3M35!5 Dendermonde | €9.4m | €85,132 | 77.9% | 0 |
| GT2 Jabbeke | €5.6m | €43,454 | 42.9% | 0 |
These companies have the same main activity as SimNco: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €5.5m and €9.4m, founded between 2012 and 2016.
Official details
Source: KBO- Status
- Active since 03-03-2016Normal situation
- Activity
- Business and other management consultancyNACE 70200and 1 other
- Establishment unit
- 2.252.828.8591000 Brussels, since 03-03-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Annual accounts 2025
- €8.0m▲ 29×
- Filing
- Filed on 31-07-2026, on the last day of the filing period
Insights on SimNco
SimNco files the abbreviated format. That format states no turnover. The gross margin rose from €27,809 in 2017 to €63,434 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SimNco
- What is the company number of SimNco?
- The company number of SimNco is 0649.582.373. The VAT number is the same number with BE in front: BE 0649.582.373.
- Where is SimNco based?
- The registered office is at Willebroekkaai 26b, 1000 Brussels.Company details
- What does SimNco do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of SimNco?
- SimNco is a private limited company (BV).
- When was SimNco founded?
- SimNco was founded on 03-03-2016.
- Is SimNco still active?
- Yes, SimNco is an active enterprise in the KBO register.
- What is the turnover of SimNco?
- The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €63,434 and 65 comparable companies (NACE 70200). It probably lies between €91,000 and €190,000.Financials
- Is SimNco profitable?
- In financial year 2025, SimNco made a profit of €8.1m.
- Where can I find the annual accounts of SimNco?
- SimNco filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SimNco due?
- SimNco must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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