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SIMTOR

Active
Public limited companyfounded 199729 yrs activeMeidoornlaan 7, 8300 Knokke-Heist, BelgiumKBO/BCE: BE 0461.327.842
Summary

SIMTOR has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10.1m and a net result of €27,228. Equity remains stable across the filed fiscal years (±1% per year). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability19=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €650,000 at 30 days acceptable
Liquidity ample (current ratio 68.31 against 60.67 in 2024; short-term debt: 1% and cash: 1.1% of total assets), and 16.6% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
83.4%
Return on assets
0.2%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 29 years 0 30 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 €10.1m
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
32 d early
2024
28 d late
2023
40 d early
2022
14 d early
2021
33 d early
2020
36 d early
2019
31 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 23 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
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 months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

SIMTOR was incorporated on 22 August 1997.1 Total assets rose from EUR 6 million in 2018 to EUR 12 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€27,228▲ 129%
2024 · €11,866
Working capital
€8.5m▲ 37.4%
2024 · €6.2m
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
Line20212022202320242025
Operating result-€108,611▲ 48.2%-€117,940▼ 8.6%-€116,267▲ 1.4%-€136,969▼ 17.8%-€162,983▼ 19.0%
Net result€90,722€48,603▼ 46.4%€170,667▲ 251%€11,866▼ 93.0%€27,228▲ 129%
Equity€6.1m▲ 0.8%€6.1m=€6.3m▲ 2.0%€6.2m▼ 0.6%€10.1m▲ 62.3%
Total assets€7.2m▲ 14.7%€6.4m▼ 10.2%€7.0m▲ 9.3%€7.4m▲ 5.5%€12.1m▲ 63.4%
Debt€924,817▲ 1,847%€197,515▼ 78.6%€677,859▲ 243%€1.1m▲ 63.7%€1.9m▲ 74.9%
Working capital€5.9m▲ 19.4%€5.2m▼ 11.8%€5.8m▲ 11.4%€6.2m▲ 7.7%€8.5m▲ 37.4%
Result per fiscal year
Operating resultNet result
-€200,000-€100,000€0€100,000€200,000Operating result 2021: -€108,611-€108,611Net result 2021: €90,722€90,722Operating result 2022: -€117,940-€117,940Net result 2022: €48,603€48,603Operating result 2023: -€116,267-€116,267Net result 2023: €170,667€170,667Operating result 2024: -€136,969-€136,969Net result 2024: €11,866€11,866Operating result 2025: -€162,983-€162,983Net result 2025: €27,228€27,22820212022202320242025-€200,000-€100,000€0€100,000€200,000Operating result 2023: -€116,267-€116,000Net result 2023: €170,667€171,000Operating result 2024: -€136,969-€137,000Net result 2024: €11,866€11,900Operating result 2025: -€162,983-€163,000Net result 2025: €27,228€27,200202320242025
The operating result stays negative: a loss of €162,983 in 2025 against €136,969 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12.1m
Fixed assets €3.5m ▲ 213%
Current assets €8.6m ▲ 37.1%
Equity and liabilities €12.1m
Equity €10.1m ▲ 62.3%
Provisions €75,400 ▼ 4.5%
Debt €1.9m ▲ 74.9%
Debt's share of the balance-sheet total rises from 15.0% to 16.0%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€120,036▼
2024 · -€93,405
Cash flow
€70,175▲
2024 · €55,430
Current ratio
68.31▲
2024 · 60.67
Debt to equity
0.19▲
2024 · 0.18
ROE
0.3%▲
2024 · 0.2%
ROA
0.2%▲
2024 · 0.2%
Interest coverage
-1.01▼
2024 · -0.51
Debt ≤ 1 year
€126,590▲
2024 · €103,950
Income taxes
€41,957▼
2024 · €47,060
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,832 companies that looked in July 2024 the way this one looks now, 0.1% went bankrupt within 24 months and 98% are still going.

  • Medium-sized
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.1% went bankrupt
2.0% stopped otherwise
98% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,832 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet Code20242025
Assets
Total assets20/58€7.4m€12.1m▲
Fixed assets21/28€1.1m€3.5m▲
Tangible fixed assets22/27€1.1m€3.5m▲
Land and buildings22€1.1m€3.5m▲
Furniture and vehicles24-€1,236
Financial fixed assets28€18,551€18,551=
Current assets29/58€6.3m€8.6m▲
Amounts receivable within one year40/41€33,537€34,282▲
Other amounts receivable41€33,537€34,282▲
Current investments50/53€6.2m€8.5m▲
Cash at bank and in hand54/58€46,146€133,921▲
Equity and liabilities
Total equity and liabilities10/49€7.4m€12.1m▲
Equity10/15€6.2m€10.1m▲
Contributions10/11€5.1m€6.6m▲
Capital10€5.1m€6.6m▲
Issued capital100€5.1m€6.6m▲
Revaluation surpluses12-€2.4m
Reserves13€1.1m€1.1m▼
Non-distributable reserves130/1€81,710€83,613▲
Legal reserve130€81,710€83,613▲
Tax-exempt reserves132€236,785€226,201▼
Distributable reserves133€831,203€797,447▼
Provisions and deferred taxes16€78,928€75,400▼
Deferred taxes168€78,928€75,400▼
Amounts payable17/49€1.1m€1.9m▲
Amounts payable within one year42/48€103,950€126,590▲
Trade debts44€367€7,188▲
Suppliers440/4€367€7,188▲
Advances received on contracts in progress46-€2,000
Taxes, remuneration and social security45€11,523€15,555▲
Taxes450/3€11,523€15,555▲
Other amounts payable47/48€92,060€101,847▲
Accrued charges and deferred income492/3€1.0m€1.8m▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43,563€42,947▼
Other operating charges640/8€36,628€36,149▼
Gross operating margin9900-€56,777-€83,887▼
Operating profit (loss)9901-€136,969-€162,983▼
Financial income75/76B€375,486€347,342▼
Recurring financial income75€375,486€347,342▼
Financial charges65/66B€183,120€118,701▼
Recurring financial charges65€183,120€118,701▼
Profit (loss) for the period before taxes9903€55,398€65,658▲
Transfer from deferred taxes780€3,528€3,528=
Income taxes67/77€47,060€41,957▼
Profit (loss) for the period9904€11,866€27,228▲
Transfer from tax-exempt reserves789€10,584€10,584=
Profit (loss) for the period to be appropriated9905€22,450€37,812▲
Appropriation of the result
Profit (loss) to be appropriated9906€22,450€37,812▲
Transfer from equity791/2€51,414€69,665▲
Transfer to equity691/2€22,450€37,812▲
To the legal reserve6920€1,130€1,903▲
To other reserves6921€21,320€35,909▲
Profit to be distributed694/7€51,414€69,665▲
Return on contributions (dividend)694€51,414€69,665▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43,763€43,563€43,563€43,563€42,947▼ 1.4%
Other operating charges640/8€22,170€25,428€30,431€36,628€36,149▼ 1.3%
Gross operating margin9900-€42,678-€48,948-€42,272-€56,777-€83,887▼ 47.7%
Operating profit (loss)9901-€108,611-€117,940-€116,267-€136,969-€162,983▼ 19.0%
Financial income75/76B€335,269€206,210€385,120€375,486€347,342▼ 7.5%
Recurring financial income75€335,269€206,210€385,120€375,486€347,342▼ 7.5%
Financial charges65/66B€111,338€26,698€24,948€183,120€118,701▼ 35.2%
Recurring financial charges65€111,338€26,698€24,948€183,120€118,701▼ 35.2%
Profit (loss) for the period before taxes9903€115,320€61,572€243,906€55,398€65,658▲ 18.5%
Transfer from deferred taxes780€3,528€3,528€3,528€3,528€3,528=
Income taxes67/77€28,126€16,497€76,767€47,060€41,957▼ 10.8%
Profit (loss) for the period9904€90,722€48,603€170,667€11,866€27,228▲ 129%
Transfer from tax-exempt reserves789€10,584€10,584€10,584€10,584€10,584=
Profit (loss) for the period to be appropriated9905€101,306€59,187€181,251€22,450€37,812▲ 68.4%
Line20212022202320242025Change
Assets
Total assets20/58€7.2m€6.4m€7.0m€7.4m€12.1m▲ 63.4%
Fixed assets21/28€1.2m€1.2m€1.2m€1.1m€3.5m▲ 213%
Tangible fixed assets22/27€1.2m€1.2m€1.1m€1.1m€3.5m▲ 217%
Land and buildings22€1.2m€1.2m€1.1m€1.1m€3.5m▲ 217%
Furniture and vehicles24----€1,236-
Financial fixed assets28€18,551€18,551€18,551€18,551€18,551=
Current assets29/58€5.9m€5.2m€5.9m€6.3m€8.6m▲ 37.1%
Amounts receivable within one year40/41€6,170€18,946€15,509€33,537€34,282▲ 2.2%
Other amounts receivable41€6,170€18,946€15,509€33,537€34,282▲ 2.2%
Current investments50/53€5.8m€5.1m€5.8m€6.2m€8.5m▲ 36.2%
Cash at bank and in hand54/58€130,096€117,390€18,442€46,146€133,921▲ 190%
Equity and liabilities
Total equity and liabilities10/49€7.2m€6.4m€7.0m€7.4m€12.1m▲ 63.4%
Equity10/15€6.1m€6.1m€6.3m€6.2m€10.1m▲ 62.3%
Contributions10/11€5.1m€5.1m€5.1m€5.1m€6.6m▲ 29.9%
Capital10€5.1m€5.1m€5.1m€5.1m€6.6m▲ 29.9%
Issued capital100€5.1m€5.1m€5.1m€5.1m€6.6m▲ 29.9%
Revaluation surpluses12----€2.4m-
Reserves13€1.2m€1.1m€1.2m€1.1m€1.1m▼ 3.7%
Non-distributable reserves130/1€72,920€72,920€80,580€81,710€83,613▲ 2.3%
Legal reserve130€72,920€72,920€80,580€81,710€83,613▲ 2.3%
Tax-exempt reserves132€268,536€257,953€247,369€236,785€226,201▼ 4.5%
Distributable reserves133€811,909€764,966€861,297€831,203€797,447▼ 4.1%
Profit (loss) carried forward14-€87,267-€28,081----
Provisions and deferred taxes16€89,512€85,984€82,456€78,928€75,400▼ 4.5%
Deferred taxes168€89,512€85,984€82,456€78,928€75,400▼ 4.5%
Amounts payable17/49€924,817€197,515€677,859€1.1m€1.9m▲ 74.9%
Amounts payable within one year42/48€58,827€62,653€114,006€103,950€126,590▲ 21.8%
Trade debts44-€2,455€471€367€7,188▲ 1,858%
Suppliers440/4-€2,455€471€367€7,188▲ 1,858%
Advances received on contracts in progress46----€2,000-
Taxes, remuneration and social security45€13,474€12,610€40,710€11,523€15,555▲ 35.0%
Taxes450/3€13,474€12,610€40,710€11,523€15,555▲ 35.0%
Other amounts payable47/48€45,353€47,589€72,824€92,060€101,847▲ 10.6%
Accrued charges and deferred income492/3€865,990€134,862€563,854€1.0m€1.8m▲ 80.3%
Line20212022202320242025Change
Profit (loss) for the period9904€90,722€48,603€170,667€11,866€27,228▲ 129%
+ Depreciation and write-downs630€43,763€43,563€43,563€43,563€42,947▼ 1.4%
Operating cash flow (approximation)€134,485€92,166€214,230€55,430€70,175▲ 26.6%
Investment in fixed assets (approximation)--€1€0€0-€2.4m-
Change in cash--€12,706-€98,948€27,703€87,776▲ 217%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
29-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Equity above €10mEq €10.1m ▲62.3%
5 profitable years in a row build equity to €10.1m.
28-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
21-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
17-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Back to profitnet €90,722
Net result €90,722 after one loss-making year.
25-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Weakest financial yearnet -€199,157
Net result drops to -€199,157, the lowest in the series; recovery starts the following year.
30-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Back to profitnet €508,344
Net result €508,344 after one loss-making year.
13-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
14-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
14-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts

We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
10 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, Knokke-Heist · 1 establishment unit since 1997
seat establishment The establishment unit on the map
Ground area
1,304 m²
Building footprint
253 m²
Volume, LiDAR
1,258 m³
2 parcels, Flanders · tallest building 9.4 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Kardinaal Cardijnlaan 13, 9100 Sint-Niklaas
Insurance, reinsurance and pension funding, except compulsory social security
since 19972.084.133.288
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31333I0769/00E000 Flanders 775 m² 1 · 167 m² 7.9 m · 1 fl.
46444D0768/00P000 Flanders 529 m² 1 · 86 m² 9.3 m · 3 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.

Structure & network

Owners and holdings

2 holdings

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 2

According to the 2025 annual accounts of SIMTOR and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Recognitions · licences · registrations

Legal Entity Identifier

529900U1BBZK5QKFOQ07
live in the LEI register

Identification & contact

Identification
Legal formPublic limited company
Founded22-08-1997
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.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.