SIMTAM
ActiveSIMTAM has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €158k and a net result of €17k. Equity is growing by ~18.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 1987 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability64▼-22
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 24.49 against 23.84 in 2024; short-term debt: 4.1% and cash: 9.3% of total assets), and 4.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Sector 90
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
95.9%
Return on assets
10.4%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
10 d late
2024
28 d early
2023
29 d early
2022
24 d early
2021
41 d early
2020
25 d late
2019
59 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€158k▲ 12.2%
2024 · €141k
2018: €45k
2019: €54k
2020: €61k
2021: €78k
2022: €105k
2023: €121k
2024: €141k
2018 → 2025
Total assets
€165k▲ 12.0%
2024 · €147k
2018: €199k
2019: €57k
2020: €63k
2021: €85k
2022: €116k
2023: €126k
2024: €147k
2018 → 2025
Net result
€17k▼ 14.0%
2024 · €20k
2018: €24k
2019: €8k
2020: €8k
2021: €17k
2022: €27k
2023: €16k
2024: €20k
2018 → 2025
Working capital
€157k▲ 11.7%
2024 · €140k
2018: €40k
2019: €54k
2020: €61k
2021: €77k
2022: €103k
2023: €120k
2024: €140k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€78k-€105k▲ 34.1%€121k▲ 15.0%€141k▲ 16.5%€158k▲ 12.2%
Operating result€25k-€40k▲ 63.3%€23k▼ 42.3%€29k▲ 25.2%€25k▼ 14.3%
Net result€17k-€27k▲ 58.4%€16k▼ 41.0%€20k▲ 26.4%€17k▼ 14.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 14% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €165k
Fixed assets
€1k▲ 148%
Current assets
€163k▲ 11.6%
Equity and liabilities €165k
Equity
€158k▲ 12.2%
Debt
€7k▲ 8.6%
The debt ratio falls from 4.2% to 4.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€26k▼
2024 · €30k
Cash flow
€18k▼
2024 · €21k
Solvency
95.9%▲
2024 · 95.8%
Current ratio
24.49▲
2024 · 23.84
Quick ratio
24.49▲
2024 · 23.84
Debt / equity
0.04▼
2024 · 0.04
ROE
10.9%▼
2024 · 14.2%
ROA
10.4%▼
2024 · 13.6%
Debt
€7k▲
2024 · €6k
Debt ≤ 1 year
€7k▲
2024 · €6k
Income taxes
€9k▼
2024 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€147k€165k▲
Fixed assets21/28€517€1k▲
Tangible fixed assets22/27€517€1k▲
Plant, machinery and equipment23€517€1k▲
Current assets29/58€147k€163k▲
Amounts receivable within one year40/41€11k€1k▼
Trade receivables40€11k€954▼
Other amounts receivable41-€160
Current investments50/53€125k€146k▲
Cash at bank and in hand54/58€9k€15k▲
Deferred charges and accrued income490/1€798€909▲
Equity and liabilities
Total equity and liabilities10/49€147k€165k▲
Equity10/15€141k€158k▲
Contributions10/11€10k€10k=
Reserves13€131k€148k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€129k€146k▲
Amounts payable17/49€6k€7k▲
Amounts payable within one year42/48€6k€7k▲
Trade debts44€834€36▼
Suppliers440/4€834€36▼
Taxes, remuneration and social security45€5k€5k▼
Taxes450/3€5k€5k▼
Other amounts payable47/48€141€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€912€785▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€32k€27k▼
Operating profit (loss)9901€29k€25k▼
Financial income75/76B€665€793▲
Recurring financial income75€665€793▲
Financial charges65/66B€29-
Recurring financial charges65€29-
Profit (loss) for the period before taxes9903€30k€26k▼
Income taxes67/77€10k€9k▼
Profit (loss) for the period9904€20k€17k▼
Profit (loss) for the period to be appropriated9905€20k€17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€20k€17k▼
Transfer to equity691/2€20k€17k▼
To other reserves6921€20k€17k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 10 days late
2025
31-12
Financial
Equity above €150kEq €158k ▲12.2%
8 profitable years in a row build equity to €158k.
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 26.34
Current ratio from 10.20 to 26.34; short-term debt falls from €11k to €5k.
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €27k ▲58.4%
Operating result €40k, net result €27k, both a record.
31-12
Financial
Equity above €100kEq €105k ▲34.1%
5 profitable years in a row build equity to €105k.
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
31-12
Financial
Weakest financial yearnet €8k ▼9.8%
Net result drops to €8k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 42.57
Current ratio from 18.86 to 42.57; short-term debt falls from €3k to €1k.
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 59 days late
2019
31-12
Financial
Liquidity times 15current ratio 18.86
Current ratio from 1.26 to 18.86; short-term debt falls from €154k to €3k.
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Schilde · 1 establishment unit since 1986
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Beukenlaan 152970 SchildeGround area
913 m²
Building footprint
122 m²
Volume, LiDAR
474 m³
Parcel 11922C0476/00F016, Flanders · tallest building 6.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SIMTAM
since 19862.037.036.721
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11922C0476/00F016 | Flanders | 913 m² | 1 · 122 m² | 6.9 m · 1 fl. |
Linked by address, not proof of ownership
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.
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NOOITGEDACHT
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Of 8,303 companies in sector 90201 we hold annual accounts for 602. 471 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded01-04-1986
Fiscal year end31-12
Activities, NACEBEL
90201Performing arts by independent artists
92311
Sources
Crossroads Bank for EnterprisesNational Bank · 40 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.