SIMORAJ
Open bankruptcyA bankruptcy procedure is open for SIMORAJ according to publications in the Belgian State Gazette; curator: MARC DEWAEL.
Summary
Inactive; last annual accounts for fiscal year 2020.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Brussels
- Declared bankrupt
- 28 February 2023
- Supervising judge
- Ingrid Claes
- Official Gazette
- 07-03-2023 (pdf) ↗search the document for 2023/108761
Curator
- Marc DewaelA. De Cockplein 9, 1831 Diegemmarc.dewael@dewaelpartners.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors
Signals
Three 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 · 5 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline26-09-2026 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
65 d late
2019
40 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?Debtor check
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2020, micro schema
Turnover
€52,543▼ 37.4%
2019 · €83,903
EBIT margin
5.9%▼ 3.8pp
2019 · 9.8%
Net result
€3,123▼ 61.2%
2019 · €8,051
Working capital
-€27,476▲ 10.2%
2019 · -€30,599
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
Line201820192020
Turnover€43,412-€83,903▲ 93.3%€52,543▼ 37.4%
Operating result-€39,511-€8,187€3,124▼ 61.8%
Net result-€39,710-€8,051€3,123▼ 61.2%
EBIT margin-91.0%-9.8%▲ 100.8pp5.9%▼ 3.8pp
Equity-€46,850--€30,599▲ 34.7%-€27,476▲ 10.2%
Total assets€23-€2,092▲ 8,938%€1,235▼ 41.0%
Debt€46,873-€32,691▼ 30.3%€28,711▼ 12.2%
Working capital-€46,850--€30,599▲ 34.7%-€27,476▲ 10.2%
Result per fiscal year
Operating resultNet result
The operating result falls in 2020; 2020 is 62% below 2019.
Key figures and ratios
Debt ≤ 1 year
€28,711▼
2019 · €32,691
Ratios withheld: a balance sheet total of €1,235 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Turnover70 | €43,412 | €83,903 | €52,543 | ▼ 37.4% |
| Gross operating margin9900 | €4,980 | €38,961 | €16,153 | ▼ 58.5% |
| Operating profit (loss)9901 | -€39,511 | €8,187 | €3,124 | ▼ 61.8% |
| Recurring financial charges65 | €199 | €136 | €0 | ▼ 99.7% |
| Profit (loss) for the period before taxes9903 | -€39,710 | €8,051 | €3,123 | ▼ 61.2% |
| Profit (loss) for the period9904 | -€39,710 | €8,051 | €3,123 | ▼ 61.2% |
| Profit (loss) for the period to be appropriated9905 | -€39,710 | €8,051 | €3,123 | ▼ 61.2% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €23 | €2,092 | €1,235 | ▼ 41.0% |
| Current assets29/58 | €23 | €2,092 | €1,235 | ▼ 41.0% |
| Cash at bank and in hand54/58 | €23 | €2,092 | €1,235 | ▼ 41.0% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €23 | €2,092 | €1,235 | ▼ 41.0% |
| Equity10/15 | -€46,850 | -€30,599 | -€27,476 | ▲ 10.2% |
| Contributions10/11 | €10,400 | €18,600 | €18,600 | = |
| Reserves13 | - | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€57,250 | -€51,059 | -€47,936 | ▲ 6.1% |
| Amounts payable17/49 | €46,873 | €32,691 | €28,711 | ▼ 12.2% |
| Amounts payable within one year42/48 | €46,873 | €32,691 | €28,711 | ▼ 12.2% |
| Trade debts44 | €5,961 | €7,610 | €9,046 | ▲ 18.9% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€39,710 | €8,051 | €3,123 | ▼ 61.2% |
| Operating cash flow (approximation) | -€39,710 | €8,051 | €3,123 | ▼ 61.2% |
| Change in cash | - | €2,069 | -€857 | ▼ 141% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2023
07-03
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 28-02-2023
2021
04-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 65 days late
2020
09-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 40 days late
2019
31-12
Financial
Back to profitnet €8,051
Net result €8,051 after one loss-making year.
28-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 120 days late
28-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 212 days late
2018
17-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 382 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 15 acts read
About the unread acts
We know of 15 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
15 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | MARC DEWAEL A. DE COCKPLEIN 9, 1831 DIEGEM- |
28-02-2023 → present |