SIMORQ
Annual accounts 2025
micro format, filed on 01-06-2026, 60 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €44 on 31-12-2025Change in equityin euro
Change in cashin euro
Position in the sector
Solvency-
Higher than 9% of 20,535 companies in 2024.
Current ratio-
Higher than 15% of 19,919 companies in 2024.
Return on assets-
Higher than 15% of 20,099 companies in 2024.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
Total assets20/58 |
44 | 101,066 | 2,995 | |
Current assets29/58 |
44 | 101,066 | 2,995 | |
Cash at bank and in hand54/58 |
44 | 101,066 | 2,995 | |
| Balance sheet: equity and liabilities | ||||
Total equity and liabilities10/49 |
44 | 101,066 | 2,995 | |
Equity10/15 |
-1,206 | 1,066 | 2,995 | |
Contributions10/11 |
5,000 | 5,000 | 5,000 | |
Contributions outside capital11 |
- | 5,000 | 5,000 | |
Other1109/19 |
- | 5,000 | 5,000 | |
Profit (loss) carried forward14 |
-6,206 | -3,934 | -2,005 | |
Amounts payable17/49 |
1,250 | 100,000 | - | |
Amounts payable within one year42/48 |
1,250 | 100,000 | - | |
Trade debts44 |
1,250 | - | - | |
Suppliers440/4 |
1,250 | - | - | |
Other amounts payable47/48 |
- | 100,000 | - | |
| Income statement | ||||
Gross operating margin9900 |
-1,639 | -1,446 | -1,231 | |
Other operating charges640/8 |
587 | 449 | 732 | |
Operating profit (loss)9901 |
-2,226 | -1,896 | -1,963 | |
Financial income75/76B |
- | 2 | - | |
Recurring financial income75 |
- | 2 | - | |
Financial charges65/66B |
46 | 35 | 42 | |
Recurring financial charges65 |
46 | 35 | 42 | |
Profit (loss) for the period before taxes9903 |
-2,272 | -1,929 | -2,005 | |
Profit (loss) for the period9904 |
-2,272 | -1,929 | -2,005 | |
Profit (loss) for the period to be appropriated9905 |
-2,272 | -1,929 | -2,005 | |
| Appropriation of the result | ||||
Profit (loss) to be appropriated9906 |
-6,206 | -3,934 | -2,005 | |
Profit (loss) brought forward from the previous period14P |
-3,934 | -2,005 | - | |
| Document | ||||
The notes to these accounts have 1 item. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 01-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Change in cash | -101,022 | 98,071 | - | |
| Working capital | -1,206 | 1,066 | - | |
| Solvency | - | 1.1% | - | |
| Current ratio | - | 1.01 | - | |
| Debt to equity | - | 93.77 | - | |
| ROE | - | -180.9% | - | |
| ROA | - | -1.9% | - |
The ratios are withheld because a balance sheet total of €44 is too small for a meaningful ratio.
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.
Insights on SIMORQ
The operating result for 2025 is a loss of €2,226, larger than the loss of €1,896 in 2024. It is the lowest result since 2023.
Equity is negative. Debt (€1,250) exceeds the balance-sheet total (€44).