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SIMTECH

Active Private limited companyfounded 2004active for 21 yearsRue de la Grande Couture 14, 7503 TournaiKBO/BCE: BE 0870.894.704 #6 company by equity in Hainaut, Rubber and plastics sector

Overview

Lifetime

19 annual accounts with figures on one time axis, 21 filings since 2005
peak €7.2m (2024)
-not published
lowest -€97,438 (2014)
€1.8m▼ 63.3%
peak €7.5m (2025)
€7.5m▲ 30.4%
€1.9m▼ 14.7%
peak 35.9 FTE (2024)
31.7 FTE▼ 11.7%
Board2 names since 2019
1 directorReza ROSIER
Owners3 names in the annual accounts
  
Documentsfilings and deeds
26-06-202635 days before the deadline
2025financial year
Result from €4.8m to €1.8mStaff from 35.9 FTE to 31.7 FTEAppointment: AVISOR (statutory auditor) 19-12Equity from €5.8m to €7.5m

Key points

from the 2025 annual accounts

Equity

€7.5m ▲ 30.4%

SIMTECH has made a profit without a break since 2015.

Result

€1.8m ▼ 63.3%
€4.8m2024€1.8m2025

The result fell in 2025 from €4.8m to €1.8m.

Investments

€9,328 0.1 × depreciation
20212022202320242025

Green is investment, beige is depreciation.

Staff

29 employees on 31-12-2025
3520216720226520232419202412182025

In 2025, 12 people joined and 18 left. On top of that, 2 agency workers worked there on average.

Filings

21 annual accounts since 2005
AprilJune31 JulyOctober20052010201520202025

Five of the last ten came late. The 2023 accounts came latest: 30 days after the end of the period.

Position in the sector

79.7%

Higher solvency than 83% of companies in rubber and plastics. Sector median 50.3% · 232 companies.

Checked score

98
Excellent
Financially stronger than 88% of small companies in rubber and plastics (NACE 22)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 163 companies (NACE 22, small).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025highest value 08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026lowest value 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

100+3equity 79.7% of total assets
59-3short-term debt 19.4% · cash 11.9%
95-5return on assets 18.6%

Score breakdown

lowers risk
Founded in 2004
Profit of €1.8m (financial year 2025)
Liquidity: current ratio 5.00, cash €1.1m
Equity €7.5m (79.7% of total assets)
Calculation

The band follows from the bankruptcy probability. 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 22, small). It does better than 92% of them on solvency, 78% on liquidity, 93% on profitability and 89% on growth.

The bankruptcy probability was computed on 10-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 20,137 companies had the same profile as SIMTECH has now. Each dot stands for 51 companies, two years later.

95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of SIMTECH itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 20,137 companies, not a prediction for SIMTECH. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €650,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 5.0 (3.55 in 2024), above the usual 1.5. Short-term debt is 19.4% and cash 11.9% of total assets. 20.3% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

6 signals, none raises the risk
Six signals.
lowers riskneutral
lowers risk · Founded in 2004
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Profit of €1.8m (financial year 2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 5.00, cash €1.1m
NBB · annual accounts
lowers risk · Equity €7.5m (79.7% of total assets)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €7.5m
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
35 days early
2024
20 days early
2023
30 days late
2022
17 days late
2021
17 days early
2020
26 days late
2019
45 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 6 days before the deadline. In the sector (NACE 22), the median for financial year 2024 was 14 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 14 July (4 of the last 5 accounts filed within 34 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

RR
Director, since 12-12-2019
A
Auditor, Bernard VANDEBORRE
  • Reza ROSIERannual accounts 2018
Board & ownership

Recent changes

Appointment: AVISOR (statutory auditor) Permanent representative: Bernard VANDEBORRE · General meeting of 08-12-2025 · Gazette deed
Purpose change “De Produits ou services liés à ceux énumérés dans le présent objet social; Tous produits nécessaires ou utiles…” (deed in French) · General meeting of 06-11-2024 · Gazette deed
Change of role: Reza ROSIER, from manager to director Permanent representative: Reza ROSIER · Legal-form conversion: from private limited company (pre-2019) to private limited company · Director discharge: Reza ROSIER (manager) · General meeting of 12-12-2019 · Gazette deed
First establishment Rue de la Grande Couture 14, Tournai
All 34 events

Comparable companies

same main activity, similar in size and age
Company
SIMTECH Tournai €6.6m 31.7% 79.7% 31.7
BEKINA COMPOUNDS Kluisbergen €10.5m 5.6% 82.1% 16.5
MBS Roeselare €9.5m -10.5% -37.9% 48
Lutze Conveying Belux Ternat €9.0m 5.2% 23.1% 47.3
Rubbergreen Industrie Frameries - - 33.5% 38.7
EUROBASE INTERNATIONAL Herenthout €8.8m -1.9% 85.5% 14.8
XTRAFLEX Lier - - 46.4% 34.4
-10%0%10%20%€2m€20m€200mSIMTECHEBIT margin

Grey: the largest companies of the sector (rubber and plastics (NACE 22)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as SIMTECH: manufacture of rubber and plastic products (NACE 22120). They are comparable in size and age: total assets between €5m and €8.3m, founded between 1988 and 2013.

Official details

Source: KBO
Status
Active since 30-12-2004Normal situation
Activity
Manufacture of rubber and plastic productsNACE 22120and 4 others
Joint committees
116Chemical industry
207White-collar workers in the chemical industry · annual accounts 2025
Establishment unit
2.144.939.0267503 Tournai, since 20-01-2005
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

€6.6m
€1.8m▼ 63.3%
€7.5m▲ 30.4%
€9.4m▲ 17.8%
Employeeson 31-12-2025
29▼ 14.7%
Filing
Filed on 26-06-2026, 35 days before the end of the filing period
Financials

Insights on SIMTECH

SIMTECH has existed since 2004. The gross margin grew from €1.2m in 2007 to €7.2m in 2024 and staff from 19.6 to 35.9 full-time equivalents.

Solvency rose in 2025 from 72.0% to 79.7% because of the retained profit and lower debts.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

full format, filed on 26-06-2026, 35 days before the deadline
€6.6m
€2.1m
▼ 65.8%
€2.2m
▼ 64.6%
€1.9m
▼ 61.9%
79.7%
▲ 7.7 percentage points
5.00
▲ 1.45

Money flows

of every €100 of turnover, €26.70 remains as profit in 2025

Balance sheet

balance sheet total €9.4m on 31-12-2025
What the company ownsHow it is paid for

in €m

in €m

Position in the sector

79.7%

Higher than 84% of 232 companies in 2025.

5.00

Higher than 85% of 227 companies in 2025.

18.6%

Higher than 91% of 232 companies in 2025.

SIMTECH Middle half of the sector 80% of the sector Full accounts in rubber and plastics (NACE 22)

Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter · Staff: middle half

Staff

Men and women30% women

22.2 men and 9.5 women in full-time equivalents in 2025.

€46,662

Men €46,129, women €47,906 per full-time equivalent. Jobs differ, so this is not a pay gap.

-6 people

people who joined people who left

In 2025, 12 people joined and 18 left. Agency workers: 2 on average.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
Balance sheet: assets
20/58 9.4m8.0m5.8m5.5m4.6m4.6m5.1m4.1m6.1m6.2m5.8m5.2m4.7m4.3m4.2m2.8m2.5m2.5m2.0m
20 -------0-----------
21/28 304,405458,054477,746326,231277,020257,690272,296357,838367,048403,126331,703904,414986,3301.4m1.4m1.0m74,923119,195119,825
21 -------0--2837,69115,39821,823---1,6953,389
22/27 303,755457,404477,096325,581276,370257,040271,646353,188366,398402,476320,460396,073465,109561,368625,849193,40269,101111,678110,613
22 -------0-----------
23 155,246236,918190,177191,626154,009105,39966,82391,41545,06254,19748,45674,17876,885118,556139,684173,34322,43231,31930,652
24 119,839170,316215,24834,3098908,34739,70674,832112,546116,03013,71934,71061,35587,92191,65417,95628,59844,21925,751
25 28,67150,17171,67199,646121,470--------------
26 -------0252885518141,0771,3471,6832,104---
27 -------0----7,602------
28 6506506506506506506504,65065065010,960500,650505,822829,281806,489819,4075,8225,8225,822
284/8 650------------------
285/8 650------------------
29/58 9.1m7.6m5.3m5.2m4.4m4.3m4.8m3.8m5.7m5.8m5.5m4.3m3.7m2.9m2.7m1.8m2.5m2.4m1.9m
29 ------0145,000395,000625,000800,000--------
290 -------0-----------
291 ------0145,000395,000625,000800,000--------
3 954,268881,6571.3m948,5231.0m816,788671,757693,389697,477851,7841.2m771,752885,625598,526520,207693,433592,352703,767529,253
30/36 954,268881,6571.3m948,5231.0m816,788671,757693,389697,477851,7841.2m771,752885,625598,526520,207693,433592,352703,767529,253
30/31 952,954------------------
36 1,314------------------
37 -------0-----------
40/41 802,7811.5m1.6m1.8m1.2m1.2m1.7m1.7m1.8m1.3m914,4451.3m950,859713,2851.1m486,779544,752526,408776,694
40 488,269740,069225,305901,803781,807758,0601.1m744,997980,5141.0m645,6921.0m911,081651,2821.1m441,336529,941478,223638,440
41 314,512741,5231.3m936,543381,908402,321624,7271.0m772,841258,614268,753286,88339,77862,00322,10045,44314,81148,185138,254
50/53 6.2m3.7m802,7621.0m1.3m300,050-0---1.3m1.3m1.1m620,178117,988117,36386,70884,063
51/53 6.2m------------------
54/58 1.1m1.5m1.6m1.3m862,5672.0m2.4m1.2m2.8m3.0m2.5m929,220538,473423,971443,448484,9071.2m1.1m424,379
490/1 30,59535,13517,09130,56229,16160,04925,16525,99134,87738,21445,58338,14148,41265,84246,70428,03230,44530,07438,659
Balance sheet: equity and liabilities
10/49 9.4m8.0m5.8m5.5m4.6m4.6m5.1m4.1m6.1m6.2m5.8m5.2m4.7m4.3m4.2m2.8m2.5m2.5m2.0m
10/15 7.5m5.8m984,308987,656991,0541.1m1.6m1.6m1.9m2.9m2.9m1.5m1.6m1.6m991,869952,5371.3m927,853425,073
10/11 883,000883,000883,000883,000883,000883,0000883,000883,000883,000883,000883,000883,00019,00019,00019,00019,000120,000120,000
100 ------0883,000883,000883,000883,000883,000883,00019,00019,00019,00019,000120,000120,000
101 -------0-----------
11 ------883,0000-----------
1100/10 ------883,0000-----------
12 -------0-----------
13 6.6m4.9m89,14189,14189,141208,028683,495682,2131.0m2.0m2.0m586,521683,9591.5m972,869933,5371.3m807,853305,073
130/1 88,30088,30088,30088,30088,30088,30088,3000-----------
130 ------088,30088,30088,30088,30031,65331,65312,00012,00012,00012,00012,00012,000
1311 88,30088,30088,30088,30088,30088,300-------------
1312 -------0-----------
1319 ------88,3000-----------
132 841841841841841841841841841716597478360360360238120--
133 6.6m4.8m--0118,887594,355593,073917,5251.9m1.9m554,390651,9471.5m960,509921,2991.3m795,853293,073
14 -0000--03071,596---------
15 5,4728,82012,16715,51518,91322,31125,89729,50133,28836,89541,51248,18156,04736,554-----
19 -------0-----------
16 -01.1m1.1m1.1m1.1m1.1m1.3m1.3m1.4m1.4m1.6m431,304428,373446,623674,548682,548831,761707,561
160/5 -01.1m1.1m1.1m1.1m1.1m1.3m1.3m1.4m1.4m1.6m431,304428,373446,623674,548682,548831,761707,561
160 -------0-----------
161 -------0-----------
162 -------0-----------
163 ------01.3m1.3m----------
164/5 -01.1m1.1m1.1m1.1m1.1m15,0007,7131.4m---------
168 -------0-----------
17/49 1.9m2.2m3.7m3.4m2.5m2.3m2.4m1.3m2.8m1.9m1.5m2.2m2.7m2.3m2.7m1.2m563,026761,625840,240
17 84,626112,788139,916172,522197,693221,938245,293267,789289,459310,332330,4381.3m1.4m1.4m1.6m650,873165,508202,358361,541
170/4 84,626112,788139,916172,522197,693221,938245,293267,789289,459310,332330,438349,806368,461386,431520,413233,3362,17217,02131,214
172 84,626------------------
175 -------0-----------
176 -------0-----------
178/9 -------0---1.0m1.0m1.0m1.0m417,537163,337185,337330,328
42/48 1.8m2.1m3.5m3.2m2.3m2.1m2.2m991,1522.6m1.6m1.1m754,7451.2m830,3181.1m541,596396,386558,501467,964
42 28,16327,12826,13125,17124,24623,35522,49621,67020,87320,10620,94999,82293,970205,595188,950171,63655,85033,19246,760
43 -----065,63965,63965,63965,63966,573--------
430/8 -------0--934--------
439 -----065,63965,63965,63965,63965,639--------
44 282,008804,555572,562353,365418,706329,692437,464490,487293,725247,425359,232225,146365,487358,673212,223200,705103,692158,990286,750
440/4 282,008804,555572,562353,365418,706329,692437,464490,487293,725247,425359,232225,146365,487358,673212,223200,705103,692158,990286,750
441 -------0-----------
46 734,185618,3151.0m730,787338,414163,377424,378293,17831,31391,963415,70847,294241,68949,71570,50842,20331,16899,00149,191
45 785,661681,762108,339154,113172,066112,841148,171120,178234,626207,028279,877126,616181,51482,620518,45092,19190,998225,88384,859
450/3 495,024439,53868,765036,04707,9155,672104,35846,151155,38612,64749,6581,246334,4053,41825,845134,1952,651
454/9 290,638242,22339,574154,113136,019112,841140,256114,506130,268160,877124,491113,969131,85581,374184,04588,77265,15391,68882,208
47/48 27401.8m1.9m1.4m1.5m1.1m01.9m952,200-255,867331,244133,716146,29534,861114,68041,436405
492/3 18555139999174715542,5521,2018935,54458,79250,85748,28624,4214,3951,13176610,734
Income statement
70/76A 6.6m------------------
70 6.6m------------------
74 23,199------------------
76A 4431,097---095-12--4,0752,504396930788162,6671,000
9900 -7.2m3.7m3.8m2.8m2.5m2.6m2.0m2.6m2.6m2.2m2.1m1.7m1.8m2.7m1.8m1.3m1.8m1.2m
60/66A 4.5m------------------
60 1.8m------------------
600/8 1.8m------------------
609 -71,297------------------
61 1.1m------------------
62 1.5m1.7m1.3m1.3m1.1m1.1m1.2m1.1m1.2m1.2m1.0m991,365954,639860,9421.3m719,966663,100771,739631,766
630 117,242121,17098,26569,31962,66876,20283,482123,682102,344108,997106,027114,188144,913148,460156,463151,55348,77958,19255,555
631/4 -------0----57,9871,417--6,007-3,63022,14543,0071,056
635/8 ---0-2,3510-152,348-39,577-59,589-25,563-162,9911.1m2,931-18,250-227,925-8,000-149,212124,200380,561
640/8 3,4934,41812,05019,1434,8045,0949,5134,74910,3513,9704,60861,6774,3264,8454,6177,1719,7597,3398,830
649 -------0-----------
66A 57,702-731,8398,3025010161070-2802,0552941,3381223446535,83913,5712,885
9901 2.1m6.1m2.3m2.4m1.6m1.3m1.5m817,1281.3m1.3m1.2m-99,156587,734824,1131.5m947,843708,801813,691128,017
75/76B 142,136143,53733,68114,20412,53219,81213,29711,94213,90018,233544,11935,31361,98553,93727,65445,17322,69230,03327,574
75 142,136143,53732,78014,20412,53219,81213,20311,94213,88718,233544,11935,31361,98553,93727,65445,17322,69230,03327,574
750 53------------------
751 134,967------------------
752/9 7,116------------------
76B -0901--095012----------
65/66B 12,60522,19715,36115,36118,92021,76433,55317,47530,63027,78133,48875,48980,91275,11349,99216,1497,11115,33924,474
65 12,60522,19715,36115,36118,92021,76433,44417,47530,63027,50133,48875,48980,91275,11349,99216,1497,11115,33924,474
650 8,003------------------
652/9 4,602------------------
66B -----01100-280---------
9903 2.2m6.2m2.3m2.4m1.6m1.3m1.4m811,5951.3m1.3m1.7m-135,552569,974803,2101.5m977,001718,558817,481129,233
67/77 461,2731.4m468,125501,408319,967293,327377,797225,554396,858346,506308,397-38,114176,917265,177508,925328,179241,696294,87445,144
670/3 461,273------------------
77 0------------------
9904 1.8m4.8m1.8m1.9m1.3m1.0m1.1m586,040905,444953,9151.4m-97,438393,057538,034959,332648,822476,862524,04484,090
789 -------0-----------
689 -------0125119118119--122118120--
9905 1.8m4.8m1.8m1.9m1.3m1.0m1.1m586,040905,319953,7961.4m-97,557393,057538,034959,210648,704476,742524,04484,090
Appropriation of the result
9906 1.8m4.8m1.8m1.9m1.3m1.0m1.1m586,348906,915953,7961.4m-97,557393,057538,034959,210648,704476,742524,04484,090
791/2 ---0118,887475,4680910,8001.0m--97,557960,000-920,0001.0m---
691/2 1.8m4.8m---01,282586,348--1.4m-133,057538,034959,210648,704476,742502,78084,090
691 -------0-----------
6920 -------0--56,647-19,653------
6921 1.8m4.8m---01,282586,348--1.4m-113,404538,034959,210648,704476,742502,78084,090
694/7 -01.8m1.9m1.4m1.5m1.1m910,8001.9m952,200--1.2m-920,0001.0m-21,264-
694 -01.8m1.9m1.4m1.5m1.1m910,8001.9m952,200--1.2m-920,0001.0m-21,264-
695 -------0-----------
696 -------0-----------
Social balance sheet
9087 31.735.929.829.530.229.729.930.231.931.228.127.226.62335.720.820.82219.6
Men (FTE)1003 22.2------------------
Women (FTE)1003 9.5------------------
Agency workers1501 2------------------
Hours worked1013 48,32055,65744,49945,19145,62243,55847,14147,12750,96549,73743,12142,18241,36137,69260,35234,98531,82137,20831,845
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 2 older financial years (2005-2006) were filed as documents without figures as data, scans for example.

The notes to these accounts have 64 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 26-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 full format 26-06-2026 2026-00226212 PDF
31-12-2024 full format 11-07-2025 2025-00259693 PDF
31-12-2023 full format 30-08-2024 2024-00420631 PDF
31-12-2022 full format 17-08-2023 2023-00331548 PDF
31-12-2021 full format 14-07-2022 2022-20184959 PDF
31-12-2020 full format 26-08-2021 2021-54800286 PDF
31-12-2019 full format 16-06-2020 2020-17400261 PDF
31-12-2018 full format 29-08-2019 2019-58700314 PDF
31-12-2017 full format 16-07-2018 2018-33600210 PDF
31-12-2016 full format 29-08-2017 2017-51400512 PDF
31-12-2015 full format 19-08-2016 2016-44100069 PDF
31-12-2014 full format 01-07-2015 2015-24800428 PDF
31-12-2013 full format 17-07-2014 2014-31200593 PDF
31-12-2012 full format 18-07-2013 2013-31800471 PDF
31-12-2011 full format 19-07-2012 2012-31600095 PDF
31-12-2010 full format 14-07-2011 2011-29300599 PDF
31-12-2009 full format 12-07-2010 2010-29300596 PDF
31-12-2008 full format 13-07-2009 2009-40700311 PDF
31-12-2007 full format 14-07-2008 2008-40500389 PDF
31-12-2006 full format 12-06-2007 2007-21600116 PDF
31-12-2005 full format 17-08-2006 2006-63303391 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
2.2m6.2m2.4m2.5m1.6m1.4m1.5m940,8111.4m1.4m1.3m15,032732,647972,5731.6m1.1m757,579871,883183,572
1.9m4.9m1.9m2.0m1.3m1.1m1.1m709,7231.0m1.1m1.5m16,750537,970686,4941.1m800,375525,640582,236139,645
9,328101,479256,256118,53081,99861,5951,940114,47366,392190,73033,31545,26942,230132,901593,6811.1m4,50757,58870,217
-337,400-176,176295,746478,948-1.1m-421,6181.2m-1.7m-160,033488,8731.6m390,747114,502-19,478-41,459-704,547134,368630,707-
7.3m5.4m1.8m2.0m2.0m2.2m2.7m2.8m3.2m4.2m4.3m3.6m2.5m2.0m1.6m1.3m2.1m1.8m1.4m
31.7%------------------
79.7%72.0%17.0%18.0%21.4%24.3%31.1%38.6%31.6%47.2%50.5%28.9%34.5%36.7%23.9%33.7%51.1%36.8%21.5%
5.003.551.501.611.872.042.253.812.243.664.795.753.073.442.403.346.244.303.96
4.483.141.141.311.441.651.933.111.963.123.734.732.342.711.942.064.753.042.83
0.250.393.743.422.552.101.510.791.480.650.501.431.641.452.741.260.430.821.98
23.3%83.0%185.1%196.7%127.1%91.2%66.6%36.7%47.1%32.6%48.4%-6.4%24.2%34.3%96.7%68.1%36.6%56.5%19.8%
18.6%59.8%31.5%35.4%27.1%22.2%20.7%14.2%14.9%15.4%24.4%-1.9%8.3%12.6%23.1%23.0%18.7%20.8%4.3%
over 100over 100over 100over 10087.14--------------
27 days------------------
36 days------------------

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

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date2934292829
full-time2731272627
part-time23222
in full-time equivalents27.933.528.727.728.7
31.735.929.829.530.2
On a permanent contract2331282829
Joined1224663
Left1819575
Agency workers, average number2----
Training hours-34--8

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€9,328€101,479€256,256€118,530€81,998
€117,242€121,170€98,265€69,319€62,668

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Auditor

fees
Item20252024202320222021
Fee for the audit€25,000----

Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)

Insights on SIMTECH

The operating result for 2025 is 66% lower than in 2024 and the lowest since 2021.

Debt's share of the balance-sheet total falls from 28.0% to 20.3%. Equity is higher and debt is lower.

Board & ownership

Board

1 director, 1 auditor, last change in 2025

Deed of 19-12-2025Appointment: AVISOR (statutory auditor)Permanent representative: Bernard VANDEBORRE · General meeting of 08-12-2025

Director (not named in the articles)
since 12-12-2019 term without a fixed end
earlier manager, until 02-01-2020
listed in the 2025 annual accounts, filed on 26-06-2026
Statutory auditor, permanent representative Bernard VANDEBORRE
since 08-12-2025 term until 18-05-2028
listed in the 2025 annual accounts, filed on 26-06-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 02-01-2020

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
Reza ROSIER
Director (not named in the articles)
AVISOR
Statutory auditor
BoardEarliermandate already running before its first mention
Mandates as a list
  • Reza ROSIER
    • Director (not named in the articles), from 12-12-2019 to date
    • Manager, until 02-01-2020
  • AVISOR
    • Statutory auditor, from 08-12-2025 to date

See the board, name and registered office on a given date →

Control

Shareholder
Reza ROSIER
share not stated
This company
SIMTECH
Equity €7.5m
Profit €1.8m in 2025

Capital

Contribution
€883,000
Shares
55,200
Contribution per share
€16.00
Equity per share
€136 in 2025
Source
2025 annual accounts

Owners through the years

as the annual accounts name them
37.5% until 2008
Owners as a list

Source: lists of holdings in the owners' accounts

Articles of association

deed of 02-01-2020 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“Pouvoirs les plus étendus articles 2:87 et suivants CSA, assemblée générale détermine le cas échéant”

Capital transactions

Capital over time
  1. 02-01-2020 Converted to unavailable equity
  2. 02-01-2020 Converted to unavailable equity · €971,300

Network & group

Holdings

own 2014 accounts, the bar shows equity in euros
This companySIMTECH1 holding, 1 country 2014 accounts

Europe 1 Equity Result

  • FR COLMANT COATED FABRICS €914,266 result €146,510

Source: list of holdings in its own 2014 accounts. The amounts are in that list and come from the holdings' accounts at 31-12-2014, in their own currency.

Holdings through the years

2007 to 2014
Holdings through the years
Name20072008200920102011201220132014
COLMANT COATED FABRICSFR 100%
MUSTITFR 10%11.11%

Source: list of holdings in its own accounts

Connections & network

1 current director
Depth

The network starts from the directors of SIMTECH. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

34 events since 2004

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBfull format · 35 days before the deadline
2025
Appointment: AVISOR (statutory auditor)Permanent representative: Bernard VANDEBORRE · General meeting of 08-12-20253 points ▸
  • General meeting, 08-12-2025
  • Auditor appointment, AVISOR (statutory auditor)
  • Permanent representative, Bernard VANDEBORRE

Open the deed in the Belgian Official Gazette

Annual accounts 2024 filed PDFfull format · 20 days before the deadline
2024
Highest result from 2007 to 2025 net €4.8m ▲163% The operating result of €6.1m and the net result of €4.8m are both a record.
Liquidity more than doubled current ratio 3.55 The current ratio rises from 1.50 to 3.55. Short-term debt falls from €3.5m to €2.1m.
Equity above €5m equity €5.8m ▲487% After 10 profitable years in a row, equity reaches €5.8m.
Purpose change“De Produits ou services liés à ceux énumérés dans le présent objet social; Tous produits nécessaires ou utiles…” (deed in French) · General meeting of 06-11-20242 points ▸
  • General meeting, 06-11-2024
  • Power of attorney, Gaëtan QUENON
  • The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2023 filed PDFfull format · 30 days late
2023
Annual accounts 2022 filed PDFfull format · 17 days late
2022
Annual accounts 2021 filed PDFfull format · 17 days before the deadline
2021
Annual accounts 2020 filed PDFfull format · 26 days late
2020
Annual accounts 2019 filed PDFfull format · 45 days before the deadline
Change of role: Reza ROSIER, from manager to directorPermanent representative: Reza ROSIER · Legal-form conversion: from private limited company (pre-2019) to private limited company · Director discharge: Reza ROSIER (manager) · General meeting of 12-12-20198 points ▸
  • General meeting, 12-12-2019
  • Legal-form conversion, from private limited company (pre-2019) to private limited company
  • 55,200 shares
  • Director resignation, Reza ROSIER (manager)
  • Director appointment, Reza ROSIER (director (not named in the articles))
  • Director discharge, Reza ROSIER (manager)
  • Permanent representative, Reza ROSIER
  • Registered office clause, rue de la Grande Couture 14, 7503 FROYENNES
  • The deed holds 5 more points.

Open the deed in the Belgian Official Gazette

2019
Annual accounts 2018 filed PDFfull format · 29 days late
2018
Annual accounts 2017 filed PDFfull format · 15 days before the deadline
2017
Annual accounts 2016 filed PDFfull format · 29 days late
2016
Annual accounts 2015 filed PDFfull format · 19 days late
2015
Back to profit net €1.4m The net result is €1.4m, after one loss-making year.
Equity above €2m equity €2.9m ▲93.1% Equity rises from €1.5m to €2.9m.
Annual accounts 2014 filed PDFfull format · 30 days before the deadline
2014
Weakest financial year net -€97,438 The net result drops to -€97,438, the lowest from 2007 to 2025. It recovers the following year.
Annual accounts 2013 filed PDFfull format · 14 days before the deadline
2013
Annual accounts 2012 filed PDFfull format · 13 days before the deadline
2012
Annual accounts 2011 filed PDFfull format · 12 days before the deadline
2011
Annual accounts 2010 filed PDFfull format · 17 days before the deadline
2010
Annual accounts 2009 filed PDFfull format · 19 days before the deadline
2009
Equity above €1m equity €1.3m ▲40.5% With a profit in every financial year since 2007, equity grows to €1.3m.
Annual accounts 2008 filed PDFfull format · 18 days before the deadline
2008
Equity above €500,000 equity €927,853 ▲118% With a profit in every financial year since 2007, equity grows to €927,853.
Annual accounts 2007 filed PDFfull format · 17 days before the deadline
2007
Annual accounts 2006 filed PDFfull format · 49 days before the deadline
2006
Annual accounts 2005 filed PDFfull format
2005
First establishment Rue de la Grande Couture 14, Tournai
2004
Incorporation PDFpublished on 11-01-2005

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

SIMTECH was incorporated on 30 December 2004.1 Total assets rose from €4.1m in 2018 to €9.4m in 2025 and headcount from 30.2 to 31.7 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0870.894.704
VAT number
BE 0870.894.704
Peppol ID
0208:0870894704
Other Peppol ID
9925:BE0870894704
Legal form
Private limited company
Status
Active, normal situation
Founded
30-12-2004
Financial year
ends on 31 December
Peppol
Reachable via PeppolFollow this company and you will hear the next morning if it leaves the Peppol register.
Name
SIMTECH in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 02-01-2020 (in French)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région Wallonne”
deed of 02-01-2020 (in French)

Activities

NACEBEL 2025
VAT activities
Social security (RSZ) activities
Joint committees annual accounts 2025
JC 116 Chemical industry
JC 207 White-collar workers in the chemical industry
Codes under NACEBEL 2008
VAT activities
22190 Manufacture of rubber and plastic products main activity
22230 Manufacture of rubber and plastic products
22290 Manufacture of rubber and plastic products
28220 Manufacture of machinery and equipment not elsewhere classified
46900 Non-specialised wholesale trade
Social security (RSZ) activities
22190 Manufacture of rubber and plastic products main activity
Codes under NACEBEL 2003
VAT activities
25130 main activity
25230
25240
29220
51900
Social security (RSZ) activities
25130 main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“De Produits ou services liés à ceux énumérés dans le présent objet social; Tous produits nécessaires ou utiles à la manutention; Tous…”
11 activities
  1. De Produits ou services liés à ceux énumérés dans le présent objet social
  2. Tous produits nécessaires ou utiles à la manutention
  3. Tous produits nécessaires ou utiles au stockage
  4. Tous produits nécessaires ou utiles à la fabrication industrielle
  5. Tous produits nécessaires ou utiles à la pose,la dépose et l’entretien de canalisations diverses (collecteurs,aqueducs,pipe lines etc)
  6. Tous produits de préhenseurs et produits liés
  7. Des produits destinés au feuilletage de verres ou composites
  8. De tous produits réalisés à partir de composites ou textiles avec enduction de polymères
  9. Des réservoirs embarqués à bord de véhicules ou aéronefs
  10. Des réservoirs de stockage ou de transport de tous types de liquides
  11. Des études de conception de tous produits ou procédé
deed of 14-11-2024 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Rue de la Grande Couture 14 registered office 7503 Tournai 20-01-2005 2.144.939.026

Buildings and parcels at the address

Ground area
4,976 m²
Buildings
2,296 m²
Volume, LiDAR
13,691 m³
Tallest building
7.7 m
Buildings to scale, each on its own parcel
2,296 m², 7.7 m 2,296 m², 7.7 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
57031B0362/00X0024,975 m² 1 · 2,296 m² 7.7 m · 2