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Director-ban link: 1 natural person
One or more persons linked to this company in the Belgisch Staatsblad are subject to a professional ban (AR n°22 / art XX.229 WER). Hard red flag.
  • 07-11-2025 · Duration: 10 y · AR n° 22 du 24/10/1934

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Private limited company (pre-2019)· 20 yrs active
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BE 0879.987.265
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Turnover€245k
EBIT margin17.8%
Net result€60k+14.8%
Working capital€140k+62.5%
Directors1
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Annual accounts & ratios

Source: NBB · 2022
Annual accounts filed on 20-10-2023 with the NBB · fiscal year 2022 · micro
€-100k€0€100k€200kOperating result 2018: €-8k€-8kNet result 2018: €-28k€-28kRevenue 2019: €245k€245kOperating result 2019: €44k€44kNet result 2019: €15k€15kOperating result 2020: €25k€25kNet result 2020: €36k€36kOperating result 2021: €56k€56kNet result 2021: €52k€52kOperating result 2022: €63k€63kNet result 2022: €60k€60k20182019202020212022
RevenueOperating resultNet result
Revenue
€245k
18–22
EBITDA
€72k
+15.3% 18–22
Net profit
€60k
+14.8% 18–22
Cash flow
€68k
+17.5% 18–22
Total assets
€218k
+49.2% 18–22
Equity
€169k
+54.9% 18–22
Working capital
€140k
+62.5% 18–22
Staff costs
€63k
-52.9% 18–22
Debt
€49k
+32.5% 18–22
Debt ≤ 1y
€49k
+32.5% 18–22
Current ratio
3.86
+15.9% 18–22
Quick ratio
3.71
+11.2% 18–22
Solvency
77.5%
+3.8% 18–22
Debt / equity
0.29
-14.5% 18–22
ROE
35.5%
-25.9% 18–22
ROA
27.5%
-23.1% 18–22
Net margin
6.2%
18–22
EBITDA margin
18.5%
18–22
Interest coverage
19.61
+34.8% 18–22
Figures by fiscal year
Fiscal year2022
Revenue
EBITDA€72k
Net profit€60k
Cash flow€68k
Staff costs€63k
Income taxes
Dividends
Total assets€218k
Equity€169k
Debt€49k
of which ≤ 1y€49k
of which > 1y
Working capital€140k
Employees (FTE)
Ratios (computed)
2022
Current ratio3.86
Quick ratio3.71
Working capital ratio64.5%
Solvency77.5%
Debt / equity0.29
Long-term debt ratio
Interest coverage19.61
Gross margin
Net margin
ROA27.5%
ROE35.5%
EBITDA margin
Days sales outstanding
Days payable outstanding
Inventory turnover
Days inventory (DSI)
Balance-sheet composition 2022
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2022
Balance sheet — Assets
TOTAL ASSETS 20/58€218k
Fixed assets 21/28€28k
Intangible fixed assets 21€2k
Tangible fixed assets 22/27€27k
Current assets 29/58€190k
Stocks & contracts in progress 3€8k
Amounts receivable within one year 40/41€172k
Cash & bank 54/58€9k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€218k
Equity 10/15€169k
Contributions / capital 10/11€19k
Reserves 13€2k
Accumulated profits (losses) 14€148k
Amounts payable 17/49€49k
Amounts payable within one year 42/48€49k
Trade debts payable within one year 44€35k
Income statement
Gross operating margin 9900€135k
Operating result 9901€63k
Financial income 75€10
Financial charges 65€4k
Result before taxes 9903€60k
Net result for the period 9904€60k
Result to be appropriated 9905€60k
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Ratios computed by Checked.

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FY 2022 · computed
41 / 100 Weak
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.