Simulit
ActiveSummary
Simulit has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€22,551) and a net result of -€51,406. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 200 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency17▼-47
Growth32▼-46
Track record94
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.2 against 4.86 in 2024; short-term debt: 77.1% and cash: 46.9% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 26
Relative position
BE, all sectors
reference
Manufacture of computer, electronic and optical products (NACE 26)
about 73% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-7.6%
Return on assets
-17.4%
Age of the figures
15 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year -€22,551
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-01-2026, 3 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
3 d early
2024
178 d early
2023
63 d early
2022
41 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 71 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 34% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close26-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file What other support did companies like this one receive, and it did not?Subsidy mirror How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Financials · fiscal year 2025, micro schema
Equity
-€22,551
2024 · €136,055
Total assets
€294,911▼ 15.0%
2024 · €346,958
Net result
-€51,406
2024 · €142,817
Working capital
€44,367▼ 82.6%
2024 · €254,975
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
Line2022202320242025
Operating result-€19,037-€5,998€178,616▲ 2,878%-€49,779
Net result-€21,747-€4,985€142,817▲ 2,765%-€51,406
Equity-€11,747--€6,762▲ 42.4%€136,055-€22,551
Total assets€105,304-€224,494▲ 113%€346,958▲ 54.6%€294,911▼ 15.0%
Debt€117,051-€231,256▲ 97.6%€210,903▼ 8.8%€317,462▲ 50.5%
Working capital€38,902--€958€254,975€44,367▼ 82.6%
Staff (FTE)0.7-0.9▲ 28.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €49,779 after €178,616 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €294,911
Fixed assets
€23,198 ▼ 10.6%
Current assets
€271,713 ▼ 15.4%
Key figures and ratios
EBITDA
-€40,258▼
2024 · €187,276
Cash flow
-€41,885▼
2024 · €151,477
Solvency
-7.6%▼
2024 · 39.2%
Current ratio
1.20▼
2024 · 4.86
Quick ratio
0.79▼
2024 · 4.01
Debt to equity
-14.08▼
2024 · 1.55
ROA
-17.4%▼
2024 · 41.2%
Interest coverage
-16.30▼
2024 · 211.97
Debt ≤ 1 year
€227,346▲
2024 · €66,027
Debt > 1 year
€87,696▲
2024 · €34,874
Income taxes
€0▼
2024 · €35,519
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €1,554 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | €59,431 | €34,015 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,640 | €6,325 | €8,660 | €9,522 | ▲ 9.9% |
| Other operating charges640/8 | €93 | €618 | €1,138 | €1,376 | ▲ 20.9% |
| Non-recurring operating charges66A | - | €73 | €4,701 | €0 | ▼ 100% |
| Gross operating margin9900 | €47,127 | €47,030 | €193,114 | -€38,882 | ▼ 120% |
| Operating profit (loss)9901 | -€19,037 | €5,998 | €178,616 | -€49,779 | ▼ 128% |
| Financial income75/76B | €137 | €6 | €603 | €843 | ▲ 39.7% |
| Recurring financial income75 | €137 | €6 | €603 | €843 | ▲ 39.7% |
| Financial charges65/66B | €2,847 | €1,018 | €884 | €2,470 | ▲ 180% |
| Recurring financial charges65 | €2,847 | €1,018 | €884 | €2,470 | ▲ 180% |
| Profit (loss) for the period before taxes9903 | -€21,747 | €4,985 | €178,336 | -€51,406 | ▼ 129% |
| Income taxes67/77 | - | - | €35,519 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | -€21,747 | €4,985 | €142,817 | -€51,406 | ▼ 136% |
| Profit (loss) for the period to be appropriated9905 | -€21,747 | €4,985 | €142,817 | -€51,406 | ▼ 136% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €105,304 | €224,494 | €346,958 | €294,911 | ▼ 15.0% |
| Fixed assets21/28 | €20,658 | €39,037 | €25,956 | €23,198 | ▼ 10.6% |
| Intangible fixed assets21 | €1,428 | €11,132 | €8,649 | €6,166 | ▼ 28.7% |
| Tangible fixed assets22/27 | €19,230 | €27,905 | €17,307 | €17,032 | ▼ 1.6% |
| Plant, machinery and equipment23 | €5,468 | €13,162 | €10,319 | €12,987 | ▲ 25.8% |
| Furniture and vehicles24 | €689 | €4,712 | €0 | €101 | - |
| Leasing and similar rights25 | €13,074 | €10,030 | €6,987 | €3,944 | ▼ 43.6% |
| Current assets29/58 | €84,646 | €185,457 | €321,002 | €271,713 | ▼ 15.4% |
| Stocks and contracts in progress3 | €1,098 | - | €56,354 | €91,964 | ▲ 63.2% |
| Stocks30/36 | €1,098 | - | €12,943 | €0 | ▼ 100% |
| Contracts in progress37 | - | - | €43,411 | €91,964 | ▲ 112% |
| Amounts receivable within one year40/41 | €21,146 | €11,754 | €60,614 | €38,282 | ▼ 36.8% |
| Trade receivables40 | €21,102 | €6,709 | €60,191 | €35,442 | ▼ 41.1% |
| Other amounts receivable41 | €44 | €5,045 | €423 | €2,840 | ▲ 571% |
| Current investments50/53 | €59,728 | - | - | - | - |
| Cash at bank and in hand54/58 | - | €167,220 | €194,701 | €138,201 | ▼ 29.0% |
| Deferred charges and accrued income490/1 | €2,673 | €6,483 | €9,333 | €3,265 | ▼ 65.0% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €105,304 | €224,494 | €346,958 | €294,911 | ▼ 15.0% |
| Equity10/15 | -€11,747 | -€6,762 | €136,055 | -€22,551 | ▼ 117% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Reserves13 | - | - | €126,055 | €0 | ▼ 100% |
| Distributable reserves133 | - | - | €126,055 | €0 | ▼ 100% |
| Profit (loss) carried forward14 | -€21,747 | -€16,762 | €0 | -€32,551 | - |
| Amounts payable17/49 | €117,051 | €231,256 | €210,903 | €317,462 | ▲ 50.5% |
| Amounts payable after more than one year17 | €70,896 | €43,551 | €34,874 | €87,696 | ▲ 151% |
| Financial debts170/4 | €50,496 | €42,752 | €34,874 | €87,696 | ▲ 151% |
| Other amounts payable178/9 | €20,400 | €799 | €0 | - | - |
| Amounts payable within one year42/48 | €45,744 | €186,414 | €66,027 | €227,346 | ▲ 244% |
| Current portion of amounts payable after more than one year42 | €7,610 | €7,743 | €7,878 | €22,178 | ▲ 182% |
| Trade debts44 | €8,930 | €174,230 | €13,476 | €158,524 | ▲ 1,076% |
| Suppliers440/4 | €8,930 | €174,230 | €13,476 | €158,524 | ▲ 1,076% |
| Advances received on contracts in progress46 | €14,729 | - | - | - | - |
| Taxes, remuneration and social security45 | €13,643 | €4,441 | €44,673 | €46,644 | ▲ 4.4% |
| Taxes450/3 | €4,923 | €1,923 | €44,673 | €46,644 | ▲ 4.4% |
| Remuneration and social security454/9 | €8,720 | €2,518 | €0 | - | - |
| Other amounts payable47/48 | €831 | - | - | - | - |
| Accrued charges and deferred income492/3 | €411 | €1,290 | €110,002 | €2,420 | ▼ 97.8% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€21,747 | €4,985 | €142,817 | -€51,406 | ▼ 136% |
| + Depreciation and write-downs630 | €6,640 | €6,325 | €8,660 | €9,522 | ▲ 9.9% |
| Operating cash flow (approximation) | -€15,106 | €11,311 | €151,477 | -€41,885 | ▼ 128% |
| Investment in fixed assets (approximation) | - | -€24,705 | €4,421 | -€6,764 | ▼ 253% |
| Change in cash | - | - | €27,482 | -€56,500 | ▼ 306% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet -€51,406
Net result drops to -€51,406, the lowest in the series.
2024
06-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Highest result since 2022net €142,817 ▲2,765%
Operating result €178,616, net result €142,817, both a record.
30-06
Financial
Liquidity times 5current ratio 4.86
Current ratio from 0.99 to 4.86; short-term debt falls from €186,414 to €66,027.
30-06
Financial
Equity above €100,000Eq €136,055
2 profitable years in a row build equity to €136,055.
2023
29-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Back to profitnet €4,985
Net result €4,985 after one loss-making year.
2022
21-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Dendermonde · 1 establishment unit since 2020
Ground area
122 m²
Building footprint
102 m²
Volume, LiDAR
783 m³
Parcel 42021A0389/00Y003, Flanders · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Simulit
since 20202.308.954.940
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42021A0389/00Y003 | Flanders | 122 m² | 1 · 102 m² | 11.6 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 466 EUR awarded · 466 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 173 EUR | 173 EUR |
| 2023 | 1 | 293 EUR | 293 EUR |
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Of 249 companies in sector 26110 we hold annual accounts for 183. 91 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded29-09-2020
Fiscal year end30-06
Activities, NACEBEL 2025
26110Manufacture of computer, electronic and optical products
27310Manufacture of electrical equipment
43211General electrical installation work
62100Computer programming
71113Urban planning and landscape architecture
71121Engineering and related technical consultancy, excluding land surveyors
Contact
Website
www.simulit.eu
E-mail
info@simulit.eu
Scores and ratios are computed by Checked and are not a credit decision.