SIMO CARS
ActiveSummary
The computed 12-month bankruptcy probability of SIMO CARS is 3.9% (moderate). The 2025 annual accounts show negative equity (-€12,566) and a net result of -€18,732. Equity has been shrinking by about 7.5% per year since 2020. Its solvency ranks better than 10% of 22,773 sector peers (NACE 47, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 14-10-2019 Normal situation
- Registered office
- 51 active companies are registered at this address 3 started in the 12 months before. Source: KBO register, as of 2 November 2026.
- Activity
- Retail sale of cars and light vans (up to 3.5 tonnes) NACE 47811and 2 others
- Establishment unit
- 2.302.709.229 1740 Ternat, since 01-01-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 05-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 3.9%
- Gross margin
- -€16,384
- ▼ 164%
- Loss
- €18,732
- ▲ 118%
- Equity
- -€12,566
- Total assets
- €16,353
- ▼ 29.4%
- Negative equity on 31-12-2025
Score breakdownraises risk1 change of registered office in 24 monthsNegative equity -€12,566Loss of €18,732, the second in a row (financial year 2025)lowers riskSize: total assets €16,353Show the evidence
Checked score
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
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 47, micro). It does better than 6% of them on solvency, 10% on liquidity, 6% on profitability and 2% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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Signals
The company filed its last 6 accounts on average 17 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Registered office moved within BrusselTransfer of 5 shares · Admission: GHARBAOUI Mohamed (actief vennoot)
- · Gazette deed Registered office moved from Zaventem to Brussel
- · Gazette deed Registered office moved from Brussel to Zaventem
Comparable companies
These companies have the same main activity as SIMO CARS: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €13,000 and €21,500, founded between 2018 and 2020.
| Company | Total assets | Gross margin |
|---|---|---|
| SIMO CARS Brussel | €16,353 | -€16,384 |
| PENNE PANE Anderlecht | €14,378 | -€39,372 |
| NBS AUTOS Sint-Gillis (bij-Brussel) | €21,512 | -€24,102 |
| AB2 Services Jette | €19,530 | -€2,152 |
| ARENS VEHICLE DESIGN Amel | €13,820 | -€474 |
| JL CARS Fleurus | €19,740 | €0 |
| AB Cars Mechelen | €12,959 | €632 |
Key facts about SIMO CARS
- What is the company number of SIMO CARS?
- The company number of SIMO CARS is 0736.338.777. The VAT number is the same number with BE in front: BE 0736.338.777.
- Where is SIMO CARS based?
- The registered office is at Zuidlaan 52, 1000 Brussel.Company details
- What does SIMO CARS do?
- According to the KBO register, the main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811).
- What is the legal form of SIMO CARS?
- The legal form of SIMO CARS is Private limited company (BV).
- When was SIMO CARS founded?
- SIMO CARS was founded on 14-10-2019.
- Is SIMO CARS still active?
- Yes, SIMO CARS is an active enterprise in the KBO register.
- What is the turnover of SIMO CARS?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is SIMO CARS profitable?
- In financial year 2025, SIMO CARS made a loss of €18,732.
- Where can I find the annual accounts of SIMO CARS?
- SIMO CARS filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SIMO CARS due?
- SIMO CARS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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