SIMS
Open bankruptcyA bankruptcy procedure is open for SIMS according to publications in the Belgian State Gazette; curator: KATHLEEN VELKENEERS.
Summary
The file additionally contains 1 administrative flag. The 2022 annual accounts show equity of €168,573 and a net result of €59,760.
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 Antwerp, Hasselt division
- Declared bankrupt
- 13 March 2025
- Supervising judge
- Rene Achten
- Official Gazette
- 20-03-2025 (pdf) ↗search the document for 2025/111671
Deadlines
- Provisional date payments stopped
- 13 March 2025A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 4 April 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 12 April 2025art. XX.104 and XX.155 CEL
- First verification report
- passed on 24 April 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 13 March 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Kathleen VelkeneersKasteelstraat 23B, 3840 Tongeren-Borgloonleen@advvelkeneers.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.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
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.Creditor guide for this company
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 20-10-2023, 81 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
81 d late
2021
114 d late
2020
58 d late
2019
18 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 59 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
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 Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, micro schema
Turnover
€244,710
EBIT margin
17.8%
Net result
€59,760▲ 14.8%
2021 · €52,073
Working capital
€140,428▲ 62.5%
2021 · €86,410
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
Line20182019202020212022
Turnover€244,710
Operating result-€8,091-€43,662€25,089▼ 42.5%€56,358▲ 125%€63,414▲ 12.5%
Net result-€8,100-€43,177€22,928▼ 46.9%€52,073▲ 127%€59,760▲ 14.8%
EBIT margin17.8%
Equity-€9,365-€33,812€56,740▲ 67.8%€108,813▲ 91.8%€168,573▲ 54.9%
Total assets€2,113-€36,680▲ 1,636%€61,147▲ 66.7%€145,853▲ 139%€217,651▲ 49.2%
Debt€11,478-€2,868▼ 75.0%€4,408▲ 53.7%€37,040▲ 740%€49,078▲ 32.5%
Working capital-€10,026-€27,316€40,183▲ 47.1%€86,410▲ 115%€140,428▲ 62.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2020 the operating result has climbed two years in a row; 2022 is 13% above 2021 and is the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €217,651
Fixed assets
€28,145 ▲ 25.6%
Current assets
€189,506 ▲ 53.5%
Equity and liabilities €217,651
Equity
€168,573 ▲ 54.9%
Debt
€49,078 ▲ 32.5%
Debt's share of the balance-sheet total falls from 25.4% to 22.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€71,846▲
2021 · €62,310
Cash flow
€68,191▲
2021 · €58,026
Current ratio
3.86▲
2021 · 3.33
Quick ratio
3.71▲
2021 · 3.33
Debt to equity
0.29▼
2021 · 0.34
ROE
35.5%▼
2021 · 47.9%
ROA
27.5%▼
2021 · 35.7%
Interest coverage
19.61▲
2021 · 14.54
Debt ≤ 1 year
€49,078▲
2021 · €37,040
Staff costs
€62,987▼
2021 · €133,806
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €244,710 | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €133,806 | €62,987 | ▼ 52.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €165 | €1,665 | €4,597 | €5,953 | €8,432 | ▲ 41.6% |
| Other operating charges640/8 | - | - | - | €1,326 | €270 | ▼ 79.6% |
| Gross operating margin9900 | -€7,915 | €46,589 | €88,677 | €197,443 | €135,103 | ▼ 31.6% |
| Operating profit (loss)9901 | -€8,091 | €43,662 | €25,089 | €56,358 | €63,414 | ▲ 12.5% |
| Financial income75/76B | - | - | - | €0 | €10 | ▲ 3,061% |
| Recurring financial income75 | - | €26 | - | €0 | €10 | ▲ 3,061% |
| Financial charges65/66B | - | - | - | €4,285 | €3,665 | ▼ 14.5% |
| Recurring financial charges65 | €10 | €510 | €2,162 | €4,285 | €3,665 | ▼ 14.5% |
| Profit (loss) for the period before taxes9903 | -€8,100 | €43,177 | €22,928 | €52,073 | €59,760 | ▲ 14.8% |
| Profit (loss) for the period9904 | -€8,100 | €43,177 | €22,928 | €52,073 | €59,760 | ▲ 14.8% |
| Profit (loss) for the period to be appropriated9905 | -€8,100 | €43,177 | €22,928 | €52,073 | €59,760 | ▲ 14.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2,113 | €36,680 | €61,147 | €145,853 | €217,651 | ▲ 49.2% |
| Fixed assets21/28 | €661 | €6,496 | €16,556 | €22,403 | €28,145 | ▲ 25.6% |
| Intangible fixed assets21 | - | €6,000 | €4,500 | €3,000 | €1,500 | ▼ 50.0% |
| Tangible fixed assets22/27 | €661 | €496 | €12,056 | €19,403 | €26,645 | ▲ 37.3% |
| Land and buildings22 | - | - | - | €14,094 | €10,363 | ▼ 26.5% |
| Plant, machinery and equipment23 | - | - | - | €2,514 | €1,691 | ▼ 32.7% |
| Furniture and vehicles24 | - | - | - | €2,795 | €14,591 | ▲ 422% |
| Current assets29/58 | €1,452 | €30,184 | €44,591 | €123,450 | €189,506 | ▲ 53.5% |
| Stocks and contracts in progress3 | - | - | - | - | €7,658 | - |
| Stocks30/36 | - | - | - | - | €7,658 | - |
| Amounts receivable within one year40/41 | €830 | €630 | €11,815 | €68,286 | €172,411 | ▲ 152% |
| Trade receivables40 | - | - | - | €9,652 | €31,195 | ▲ 223% |
| Other amounts receivable41 | - | - | - | €58,634 | €141,216 | ▲ 141% |
| Cash at bank and in hand54/58 | €621 | €29,554 | €32,776 | €55,165 | €9,437 | ▼ 82.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2,113 | €36,680 | €61,147 | €145,853 | €217,651 | ▲ 49.2% |
| Equity10/15 | -€9,365 | €33,812 | €56,740 | €108,813 | €168,573 | ▲ 54.9% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | - | - | €18,600 | €18,600 | = |
| Issued capital100 | - | - | - | €18,600 | €18,600 | = |
| Reserves13 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | = |
| Legal reserve130 | - | - | - | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€27,965 | €13,352 | €36,280 | €88,353 | €148,113 | ▲ 67.6% |
| Amounts payable17/49 | €11,478 | €2,868 | €4,408 | €37,040 | €49,078 | ▲ 32.5% |
| Amounts payable within one year42/48 | €11,478 | €2,868 | €4,408 | €37,040 | €49,078 | ▲ 32.5% |
| Trade debts44 | €3,011 | €1,265 | €731 | €502 | €35,050 | ▲ 6,878% |
| Suppliers440/4 | - | - | - | €502 | €35,050 | ▲ 6,878% |
| Taxes, remuneration and social security45 | - | - | - | €29,408 | €11,406 | ▼ 61.2% |
| Taxes450/3 | - | - | - | €13,479 | €4,017 | ▼ 70.2% |
| Remuneration and social security454/9 | - | - | - | €15,929 | €7,389 | ▼ 53.6% |
| Other amounts payable47/48 | - | - | - | €7,130 | €2,623 | ▼ 63.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€8,100 | €43,177 | €22,928 | €52,073 | €59,760 | ▲ 14.8% |
| + Depreciation and write-downs630 | €165 | €1,665 | €4,597 | €5,953 | €8,432 | ▲ 41.6% |
| Operating cash flow (approximation) | -€7,935 | €44,843 | €27,524 | €58,026 | €68,191 | ▲ 17.5% |
| Investment in fixed assets (approximation) | - | -€7,500 | -€14,657 | -€11,800 | -€14,174 | ▼ 20.1% |
| Change in cash | - | €28,932 | €3,222 | €22,389 | -€45,728 | ▼ 304% |
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
2025
20-03
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 13-03-2025
2024
06-09
KBO administration
Address struck
Kanaalstraat 21C L’adresse du siège Kanaalstraat 21C 3945 Die Sitzadresse Kanaalstraat 21C 3945 Ham
3945 Ham werd doorgehaald met ingang van Ham · event 24-06-2024
2023
20-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 81 days late
2022
31-12
Financial
Highest result since 2018net €59,760 ▲14.8%
Operating result €63,414, net result €59,760, both a record.
31-12
Financial
Equity above €150,000Eq €168,573 ▲54.9%
4 profitable years in a row build equity to €168,573.
22-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 114 days late
2021
31-12
Financial
Equity above €100,000Eq €108,813 ▲91.8%
3 profitable years in a row build equity to €108,813.
27-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 58 days late
2020
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €43,177
Net result €43,177 after one loss-making year.
31-12
Financial
Liquidity times 83current ratio 10.52
Current ratio from 0.13 to 10.52; short-term debt falls from €11,478 to €2,868.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
Show earlier events
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
22-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 53 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
2014
21-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 21 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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
Registered office, Tessenderlo-Ham · 1 establishment unit since 2018
Ground area
1,894 m²
Building footprint
661 m²
Volume, LiDAR
3,952 m³
2 parcels, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SIMS
since 20182.279.235.031
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73048C1036/00V000 | Flanders | 1,305 m² | 1 · 364 m² | 7.3 m · 2 fl. |
| 71033B0539/00S000 | Flanders | 589 m² | 1 · 297 m² | 9.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | KATHLEEN VELKENEERS KASTEELSTRAAT 23B,
3840 TONGEREN-BORGLOON |
13-03-2025 → present |
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded01-04-2006
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.