Checked.be
Active
BE 0811.167.151Private limited company
SIMOTECH
Chera de la Gombe 27 ·4130 Esneux, Belgium· 17 yrs active
Sector: Activities of head offices
(70100)
Conclusion
SIMOTECH has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €128k and a net result of €24k. Equity is growing by ~13.7% per year across the filed fiscal years. Its solvency ranks better than 71% of 30893 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Based on the State Gazette, CBE and 4 annual accounts.
Key figures
| Equity | €128k |
| Net result | €24k |
| Better than sector | 71% |
| Active | 17 yrs |
Financial profile
94
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
98
Profitability
98
Solvency
97
Growth
78
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Established
Founded in 2009, 17 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
98
/ 100
Excellent
Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€13k
estimate, not credit advice
Score history
93
2022
100
2023
100
2024
98
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 1.87 (≥ 1.5)
+10
Quick ratio
Quick ratio 1.87 (≥ 1.0)
+5
Leverage
Debt/equity 0.33 (< 1.0)
+10
Profitability
ROE 19% (≥ 10%)
+10
EBITDA margin
EBITDA-marge 31% (≥ 10%)
+8
Interest coverage
Interest coverage 124.5× (≥ 3×)
+8
Profit trend
Net profit down YoY
-3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 24-02-2026 with the NBB · fiscal year 2025 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~13.7%/year over 4 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 70, Activities of head offices; management consultancy activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 75.3% | 55.9% | |
| Net result | €24k | €27k | |
| Equity | €128k | €83k | |
| Gross operating margin | €46k | €54k | |
| Total assets | €170k | €186k |
€130k
-
22-25
€41k
-21.8%
22-25
€24k
-17.9%
22-25
€37k
-11.1%
22-25
€170k
-9.0%
22-25
€128k
-18.2%
22-25
€36k
-12.6%
22-25
€7k
-45.8%
22-25
€52k
-
22-25
€42k
+38.7%
22-25
€41k
+49.0%
22-25
€0
-100.0%
22-25
1.87
-24.7%
22-25
1.87
-24.7%
22-25
75.3%
-10.1%
22-25
0.33
+69.5%
22-25
18.6%
+0.3%
22-25
14.0%
-9.8%
22-25
18.3%
-
22-25
31.4%
-
22-25
124.52
+32.6%
22-25
Figures by fiscal year and ratios
Change versus the prior fiscal year, coloured by direction (green = favourable).
| Fiscal year | 2025 Δ | 2024 Δ | 2023 Δ | 2022 Δ |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | -21.8% | -5.8% | +35.8% | - |
| Net profit | -17.9% | +11.4% | +33.9% | - |
| Cash flow | -11.1% | -3.0% | +35.8% | - |
| Staff costs | - | - | - | - |
| Income taxes | -45.8% | -6.6% | +22.8% | - |
| Dividends | - | - | - | - |
| Total assets | -9.0% | +9.4% | +8.5% | - |
| Equity | -18.2% | +22.8% | +25.8% | - |
| Debt | +38.7% | -30.0% | -22.8% | - |
| of which ≤ 1y | +49.0% | -4.5% | -2.9% | - |
| of which > 1y | -100.0% | -85.6% | -45.4% | - |
| Working capital | -12.6% | -12.0% | -26.7% | - |
| Employees (FTE) | - | - | - | - |
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 1.87 | 2.49 | 2.61 | 3.14 |
| Quick ratio | 1.87 | 2.49 | 2.61 | 3.14 |
| Working capital ratio | 21.3% | 22.2% | 27.6% | 40.9% |
| Solvency | 75.3% | 83.8% | 74.7% | 64.4% |
| Debt / equity | 0.33 | 0.19 | 0.34 | 0.55 |
| Long-term debt ratio | 0.00 | 0.01 | 0.11 | 0.25 |
| Interest coverage | 124.52 | 93.88 | 62.23 | 54.15 |
| Gross margin | 33.8% | - | - | - |
| Net margin | 18.3% | - | - | - |
| ROA | 14.0% | 15.6% | 15.3% | 12.4% |
| ROE | 18.6% | 18.6% | 20.5% | 19.3% |
| EBITDA margin | 31.4% | - | - | - |
| Days sales outstanding | 41d | - | - | - |
| Days payable outstanding | 19d | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (24 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €170k | €186k | €170k | €157k |
| Fixed assets | 21/28 | €92k | €117k | €94k | €63k |
| Tangible fixed assets | 22/27 | €92k | €117k | €94k | €63k |
| Current assets | 29/58 | €78k | €69k | €76k | €94k |
| Amounts receivable within one year | 40/41 | €59k | €55k | €26k | €9k |
| Cash & bank | 54/58 | €17k | €12k | €49k | €85k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €170k | €186k | €170k | €157k |
| Equity | 10/15 | €128k | €156k | €127k | €101k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k |
| Reserves | 13 | €109k | €136k | €108k | €82k |
| Accumulated profits (losses) | 14 | €104 | €1k | €757 | €714 |
| Amounts payable | 17/49 | €42k | €30k | €43k | €56k |
| Amounts payable after one year | 17 | €0 | €2k | €14k | €25k |
| Amounts payable within one year | 42/48 | €41k | €28k | €29k | €30k |
| Trade debts payable within one year | 44 | €5k | €5k | €3k | €9k |
| Income statement | |||||
| Turnover | 70 | €130k | - | - | - |
| Gross operating margin | 9900 | €46k | €57k | €57k | €47k |
| Operating result | 9901 | €28k | €40k | €39k | €29k |
| Financial income | 75 | €3k | €2k | €1k | €2k |
| Financial charges | 65 | €328 | €557 | €892 | €755 |
| Result before taxes | 9903 | €30k | €41k | €39k | €30k |
| Income taxes | 67/77 | €7k | €12k | €13k | €11k |
| Net result for the period | 9904 | €24k | €29k | €26k | €19k |
| Result to be appropriated | 9905 | €24k | €29k | €26k | €19k |
Legal Structure
| NACE primary | Activities of head offices(70100) |
| Legal form | Private limited company(610) |
| Incorporation | 15-04-2009 |
| Status | Active |
| Postal code | 4130 |
Establishment units
Chera de la Gombe 27, 4130 Esneux
since 20092.252.998.313
Real-estate footprint
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62032D0542/00D000 | Wallonia | 1,869 m² | 1 · 123 m² | 6.8 m · 2 fl. |
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
Next filing, fiscal year 2026, expected by
2026
24-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
11-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Highest result since 2022net €29k ▲11.4%
Operating result €40k, net result €29k, both a record.
30-09
Financial
Equity above €150kEq €156k ▲22.8%
3 profitable years in a row build equity to €156k.
26-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 26 days late
2022
25-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
26-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
05-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-03
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
24-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Activities of head offices70100
Names & trade names
| Legal nameFR | SIMOTECH |
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