SIMTAG
Annual accounts 2021
micro format, filed on 14-10-2022, 75 days lateTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €570,000. Estimated: probably between €400,000 and €830,000.
Balance sheet
balance sheet total €1.1m on 31-12-2021in euro
in euro
Staff
€33,944
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
1.1m | 595,210 | 302,090 | 112,096 | 104,603 | |
21/28 |
210,961 | 114,480 | 29,661 | 40,116 | 49,523 | |
21 |
10,974 | 2,325 | 4,319 | 6,312 | 8,305 | |
22/27 |
193,683 | 105,851 | 25,343 | 33,804 | 41,218 | |
22 |
7,104 | 5,043 | 1,485 | - | - | |
23 |
20,775 | 17,487 | 402 | - | - | |
24 |
13,277 | 1,842 | 2,481 | 3,149 | 883 | |
25 |
150,914 | - | - | - | - | |
26 |
1,613 | 11,294 | 20,974 | 30,655 | 40,335 | |
28 |
6,304 | 6,304 | - | - | - | |
29/58 |
851,929 | 480,730 | 272,429 | 71,981 | 55,079 | |
3 |
693,497 | 322,534 | 189,781 | 55,462 | - | |
30/36 |
559,297 | 253,334 | 129,781 | 55,462 | - | |
37 |
134,200 | 69,200 | 60,000 | - | - | |
40/41 |
109,136 | 144,379 | 78,322 | 7,856 | 18,792 | |
40 |
59,103 | 138,568 | 78,246 | 7,856 | 18,622 | |
41 |
50,033 | 5,810 | 76 | - | 170 | |
54/58 |
49,216 | 13,818 | 4,327 | 8,663 | 36,287 | |
490/1 |
80 | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
1.1m | 595,210 | 302,090 | 112,096 | 104,603 | |
10/15 |
40,460 | 111,555 | 91,356 | 74,787 | 67,279 | |
10/11 |
100,000 | 100,000 | 100,000 | 100,000 | 100,000 | |
100 |
- | - | 100,000 | 100,000 | 100,000 | |
13 |
11,555 | 11,555 | - | - | - | |
133 |
11,555 | 11,555 | - | - | - | |
14 |
-71,095 | - | -8,644 | -25,213 | -32,721 | |
17/49 |
1.0m | 483,655 | 210,735 | 37,309 | 37,324 | |
17 |
307,764 | 81,682 | 30,564 | - | - | |
170/4 |
307,764 | 81,682 | 30,564 | - | - | |
42/48 |
714,665 | 401,973 | 180,171 | 37,309 | 37,324 | |
42 |
121,201 | 20,882 | 7,576 | - | - | |
43 |
250,000 | 45,712 | 27,196 | - | - | |
430/8 |
250,000 | 45,712 | 27,196 | - | - | |
44 |
293,586 | 248,297 | 89,712 | 7,122 | 17,061 | |
440/4 |
293,586 | 248,297 | 89,712 | 7,122 | 17,061 | |
46 |
5,960 | 5,960 | 5,960 | - | - | |
45 |
33,537 | 69,671 | 37,160 | 25,913 | 20,263 | |
450/3 |
2,661 | 49,583 | 21,853 | 4,339 | 5,100 | |
454/9 |
30,876 | 20,087 | 15,308 | 21,575 | 15,163 | |
47/48 |
10,381 | 11,451 | 12,567 | 4,274 | - | |
| Income statement | ||||||
76A |
- | - | - | 929 | - | |
9900 |
284,243 | 187,202 | 75,325 | 49,769 | 3,356 | |
62 |
264,760 | 122,343 | 39,025 | 24,444 | 24,635 | |
630 |
46,483 | 16,180 | 12,959 | 13,018 | 10,170 | |
640/8 |
730 | 5,086 | 795 | 488 | 745 | |
66A |
- | 442 | - | - | - | |
9901 |
-27,730 | 43,151 | 22,546 | 11,819 | -32,193 | |
75/76B |
173 | 4,711 | 9 | 94 | 62 | |
75 |
173 | 4,711 | 9 | 94 | 62 | |
65/66B |
43,538 | 27,663 | 5,986 | 4,405 | 591 | |
65 |
43,538 | 27,663 | 5,986 | 4,405 | 591 | |
9903 |
-71,095 | 20,199 | 16,569 | 7,508 | -32,721 | |
9904 |
-71,095 | 20,199 | 16,569 | 7,508 | -32,721 | |
9905 |
-71,095 | 20,199 | 16,569 | 7,508 | -32,721 | |
| Appropriation of the result | ||||||
9906 |
-71,095 | 11,555 | -8,644 | -25,213 | -32,721 | |
691/2 |
- | 11,555 | - | - | - | |
6921 |
- | 11,555 | - | - | - | |
| Social balance sheet | ||||||
9087 |
7.8 | 3.4 | 1 | 1 | 0.8 | |
Hours worked1013 |
12,408 | 6,184 | 1,626 | 1,983 | 17,404 | |
| Document | ||||||
The notes to these accounts have 12 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2021 (PDF), filed on 14-10-2022.
Filings
each dot is a set of accounts, on the day it reached the National Bank2021 annual accounts filed 75 days after the deadline. Filed on 14 October 2022, deadline 31 July 2022 (7 months after the close on 31 December 2021, Companies Code art. 3:10). Source: NBB, 2022-20460551.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2021 | micro format | 14-10-2022 | 2022-20460551 | |
| 31-12-2020 | micro format | 30-08-2021 | 2021-57300265 | |
| 31-12-2019 | micro format | 06-10-2020 | 2020-59100348 | |
| 31-12-2018 | micro format | 21-06-2019 | 2019-20900033 | |
| 31-12-2017 | micro format | 12-03-2019 | 2019-06700549 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|
| 18,753 | 59,331 | 35,505 | 24,837 | -22,023 | ||
| -24,612 | 36,379 | 29,528 | 20,526 | -22,552 | ||
| 142,963 | 101,441 | 2,505 | 3,610 | 59,693 | ||
| 35,399 | 9,491 | -4,336 | -27,624 | - | ||
| 137,264 | 78,756 | 92,258 | 34,671 | 17,755 | ||
| 3.8% | 18.7% | 30.2% | 66.7% | 64.3% | ||
| 1.19 | 1.20 | 1.51 | 1.93 | 1.48 | ||
| 0.22 | 0.39 | 0.46 | 0.44 | 1.48 | ||
| 25.27 | 4.34 | 2.31 | 0.50 | 0.55 | ||
| -175.7% | 18.1% | 18.1% | 10.0% | -48.6% | ||
| -6.7% | 3.4% | 5.5% | 6.7% | -31.3% | ||
| 0.43 | - | - | - | - |
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.
Social balance sheet
| Item | 31-12-2021 |
|---|---|
| 7.8 |
Source: social balance sheet in the 2021 annual accounts
Investments
fixed assets acquired| Item | 2021 |
|---|---|
| Tangible fixed assets | €131,994 |
| Intangible fixed assets | €10,969 |
| €46,483 |
Source: notes to the 2021 annual accounts (statement of fixed assets)
Insights on SIMTAG
The operating result for 2021 is a loss of €27,730, after a profit of €43,151 in 2020. It is the lowest result since 2017.
Debt's share of the balance-sheet total rises from 81.3% to 96.2%. Equity is lower and debt is higher.