SIMOTECH
ActiveSummary
SIMOTECH has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €127,774 and a net result of €23,825. Equity is growing by about 24% per year across the filed financial years. Its solvency ranks better than 72% of 39,143 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €127,774
- Profit
- €23,825
Why 94lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Equity €127,774 (75.3% of total assets)Founded in 2009Figures for financial year 2025 (filed 24-02-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 70, micro): better than 86% on solvency, 43% on liquidity, 60% on profitability and 23% on growth.
The bankruptcy probability was computed on 27-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 24 days before the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Highest result from 2019 to 2025net €29,021 ▲11.4%
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result falls in 2025; 2025 is 30% below 2024 and is the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 34,693 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.3% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,693 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | - | - | €130,129 | - |
| Non-recurring operating income76A | - | - | - | €709 | €0 | - | €0 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | - | - | €86,157 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,018 | €13,043 | €13,235 | €11,989 | €16,644 | €12,383 | €12,991 | ▲ 4.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | -€30,001 | €0 | - | - |
| Other operating charges640/8 | - | - | €544 | €6,153 | €31,278 | €1,500 | €600 | ▼ 60.0% |
| Non-recurring operating charges66A | - | - | - | €388 | €0 | €3,073 | €4,671 | ▲ 52.0% |
| Gross operating margin9900 | €35,986 | €28,323 | €48,452 | €47,415 | €56,793 | €56,875 | €46,158 | ▼ 18.8% |
| Operating profit (loss)9901 | -€1,418 | €14,308 | €34,673 | €28,884 | €38,872 | €39,919 | €27,895 | ▼ 30.1% |
| Financial income75/76B | - | - | €1,224 | €1,986 | €1,164 | €1,883 | €2,879 | ▲ 52.9% |
| Recurring financial income75 | €3,382 | €385 | €1,224 | €1,986 | €1,164 | €1,883 | €2,879 | ▲ 52.9% |
| Financial charges65/66B | - | - | €216 | €755 | €892 | €557 | €328 | ▼ 41.1% |
| Recurring financial charges65 | €908 | €342 | €216 | €755 | €892 | €557 | €328 | ▼ 41.1% |
| Profit (loss) for the period before taxes9903 | €1,056 | €14,351 | €35,680 | €30,115 | €39,143 | €41,245 | €30,446 | ▼ 26.2% |
| Income taxes67/77 | €848 | €5,169 | €11,303 | €10,656 | €13,091 | €12,223 | €6,621 | ▼ 45.8% |
| Profit (loss) for the period9904 | €208 | €9,182 | €24,377 | €19,459 | €26,053 | €29,021 | €23,825 | ▼ 17.9% |
| Profit (loss) for the period to be appropriated9905 | €208 | €9,182 | €24,377 | €19,459 | €26,053 | €29,021 | €23,825 | ▼ 17.9% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €94,667 | €89,473 | €113,752 | €156,978 | €170,260 | €186,334 | €169,636 | ▼ 9.0% |
| Fixed assets21/28 | €60,299 | €53,205 | €49,119 | €62,773 | €94,086 | €117,123 | €91,992 | ▼ 21.5% |
| Tangible fixed assets22/27 | €60,299 | €53,205 | €49,119 | €62,773 | €94,086 | €117,123 | €91,992 | ▼ 21.5% |
| Land and buildings22 | - | - | €14,850 | €14,850 | €14,850 | €14,850 | €14,850 | = |
| Plant, machinery and equipment23 | - | - | €1,876 | €1,386 | €897 | €407 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | - | €20,163 | €35,127 | €67,749 | €87,952 | €64,564 | ▼ 26.6% |
| Other tangible fixed assets26 | - | - | €12,230 | €11,410 | €10,590 | €13,914 | €12,577 | ▼ 9.6% |
| Current assets29/58 | €34,368 | €36,269 | €64,633 | €94,205 | €76,174 | €69,211 | €77,645 | ▲ 12.2% |
| Amounts receivable within one year40/41 | €16,079 | €14,469 | €34,943 | €8,537 | €25,730 | €55,176 | €59,322 | ▲ 7.5% |
| Trade receivables40 | - | - | €13,536 | €2,426 | €0 | €12,042 | €14,607 | ▲ 21.3% |
| Other amounts receivable41 | - | - | €21,407 | €6,111 | €25,730 | €43,134 | €44,716 | ▲ 3.7% |
| Cash at bank and in hand54/58 | €18,021 | €21,533 | €29,467 | €85,093 | €49,335 | €12,394 | €17,335 | ▲ 39.9% |
| Deferred charges and accrued income490/1 | - | - | €223 | €575 | €1,109 | €1,640 | €987 | ▼ 39.8% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €94,667 | €89,473 | €113,752 | €156,978 | €170,260 | €186,334 | €169,636 | ▼ 9.0% |
| Equity10/15 | €48,856 | €58,038 | €81,615 | €101,074 | €127,127 | €156,149 | €127,774 | ▼ 18.2% |
| Contributions10/11 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €29,060 | €38,060 | €62,360 | €81,760 | €107,770 | €136,270 | €109,070 | ▼ 20.0% |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | €0 | - | - | - |
| Distributable reserves133 | - | - | €60,500 | €79,900 | €107,770 | €136,270 | €109,070 | ▼ 20.0% |
| Profit (loss) carried forward14 | €1,196 | €1,378 | €655 | €714 | €757 | €1,279 | €104 | ▼ 91.9% |
| Amounts payable17/49 | €45,811 | €31,435 | €32,137 | €55,904 | €43,133 | €30,185 | €41,863 | ▲ 38.7% |
| Amounts payable after more than one year17 | €12,871 | €6,197 | - | €25,019 | €13,649 | €1,968 | €0 | ▼ 100% |
| Financial debts170/4 | - | - | - | €25,019 | €13,649 | €1,968 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €32,090 | €23,998 | €31,245 | €30,004 | €29,136 | €27,829 | €41,463 | ▲ 49.0% |
| Current portion of amounts payable after more than one year42 | - | - | €6,197 | €11,247 | €11,462 | €11,680 | €1,968 | ▼ 83.1% |
| Trade debts44 | €11,555 | €3,381 | €5,210 | €8,920 | €3,271 | €5,047 | €4,501 | ▼ 10.8% |
| Suppliers440/4 | - | - | €5,210 | €8,920 | €3,271 | €5,047 | €4,501 | ▼ 10.8% |
| Taxes, remuneration and social security45 | - | - | €18,741 | €9,837 | €14,404 | €11,102 | €9,994 | ▼ 10.0% |
| Taxes450/3 | - | - | €18,741 | €9,837 | €14,404 | €11,102 | €9,994 | ▼ 10.0% |
| Other amounts payable47/48 | - | - | €1,097 | €0 | - | - | €25,000 | - |
| Accrued charges and deferred income492/3 | - | - | €892 | €880 | €348 | €387 | €400 | ▲ 3.2% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €208 | €9,182 | €24,377 | €19,459 | €26,053 | €29,021 | €23,825 | ▼ 17.9% |
| + Depreciation and write-downs630 | €5,018 | €13,043 | €13,235 | €11,989 | €16,644 | €12,383 | €12,991 | ▲ 4.9% |
| Operating cash flow (approximation) | €5,226 | €22,225 | €37,612 | €31,448 | €42,697 | €41,405 | €36,816 | ▼ 11.1% |
| Investment in fixed assets (approximation) | - | -€5,949 | -€9,150 | -€25,643 | -€47,956 | -€35,421 | €12,140 | - |
| Change in cash | - | €3,511 | €7,934 | €55,626 | -€35,758 | -€36,941 | €4,941 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 16 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2025 | micro format | 24-02-2026 | 2026-00042764 |
| 30-09-2024 | micro format | 11-04-2025 | 2025-00067730 |
| 30-09-2023 | micro format | 26-03-2024 | 2024-00049654 |
| 30-09-2022 | micro format | 26-05-2023 | 2023-00095057 |
| 30-09-2021 | micro format | 25-04-2022 | 2022-20007284 |
| 30-09-2020 | micro format | 29-03-2021 | 2021-08600490 |
| 30-09-2019 | micro format | 26-03-2020 | 2020-07500166 |
| 30-09-2018 | micro format | 05-04-2019 | 2019-09100588 |
| 30-09-2017 | full format | 23-03-2018 | 2018-07500129 |
| 30-09-2016 | full format | 24-03-2017 | 2017-07000154 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Pierre SIMON |
|
Owners and capital
Capital and shareholders
- 25-09-2023 Capital stated in the deed · 186 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
25-09
Gazette deed
Resignation: Pierre SIMON (manager)Appointment: Pierre SIMON (director) · Capital conversion · Reserve release10 facts ▸
- General meeting, 04-09-2023
- Other provision, “unanimité, adaptation statuts au CSA et maintien forme SRL” (deed in French)
- Capital conversion, “de plein droit”, EUR (deed in French)
- Reserve release, “formes et majorités de la modification des statuts, suppression compte de capitaux propres statutairement indisponible et mise en distribution” (deed in French)
- Amendment of the articles
- Capital
- Director resignation, Pierre SIMON (manager)
- Director appointment, Pierre SIMON (director (not named in the articles))
- Director discharge, Pierre SIMON
- Registered office clause, “4130 Esneux, Chera de la Gombe”, 27, “unanimité” (deed in French)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 62032D0542/00D000 | Wallonia | 1,869 m² | 1 · 123 m² | 6.8 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Toutes activités de gestion, d’administration, de direction, de management et d’organisation de toutes sociétés, entreprises, groupement et…” (deed in French)
11 activities (deed in French)
- Toutes activités de gestion, d’administration, de direction, de management et d’organisation de toutes sociétés, entreprises, groupement et associations. Elle pourra, notamment en assumer la gestion journalière et la représentation.
- L’élaboration et la gestion de tous projets d’études.
- La consultance au sens large.
- La prise de participations, sous quelque forme que ce soit, dans toutes sociétés, entreprises, existantes ou à créer, ayant des activités industrielles, commerciales, financières ou immobilières.
- Les activités d’usinage, de régulage, de révision et réparation des moteurs, de matériel mécanique, hydraulique et électronique ; l’achat et la vente de pièces détachées et de matériel mécaniques, hydrauliques et électronique ; la consultance, l’expertise et le réengenering en matière mécanique, hydraulique et électronique ; la soudure, le rechargement et le mécano-soudage ; soit en général, toutes les activités relevant de la maintenance mécanique, hydraulique et électronique.
- L’achat et la vente de biens immobiliers et d’une manière plus générale toutes opérations destinées à la constitution et la valorisation d’un patrimoine immobilier propre.
- Elle dispose, d’une manière générale, d’une pleine capacité juridique pour accomplir tous les actes et opérations ayant un rapport direct ou indirect avec son objet social ou qui seraient de nature à faciliter directement ou indirectement, entièrement ou partiellement, la réalisation de cet objet.
- Elle peut s'intéresser par voie d'association, d'apport, de fusion, d'intervention financière ou autrement dans toutes sociétés, associations ou entreprises dont l'objet est identique, analogue ou connexe au sien ou susceptible de favoriser le développement de son entreprise ou de constituer pour elle une source de débouchés.
- Elle peut accomplir toutes opérations commerciales, industrielles, financières, mobilières ou immobilières se rapportant directement ou indirectement à son objet.
- Elle peut notamment se porter caution et donner toute sûreté personnelle ou réelle en faveur de toute personne ou société liée ou non.
- La société peut également exercer les fonctions d'administrateur ou de liquidateur dans d'autres sociétés
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- SIMOTECH
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, sièges administratifs, agences, ateliers, dépôts et succursales en Belgique et à l'étranger par simple décision de l’organe…” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Fixe ou proportionnelle, gratuitement ou non” (deed in French)1 more provision on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, registre des actions nominatives” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Libre cession tout ou partie librement” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of February at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Décision assemblée formes modifications statuts, tout temps” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Si aucun autre désigné, administrateurs en fonction comme liquidateurs en vertu statuts” (deed in French)