SIMUTECH
ActiveSummary
SIMUTECH has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11,096 and a net result of -€879. Equity has been shrinking by about 14% per year since 2022. The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 09-06-2021 Normal situation
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.318.778.664 2870 Puurs-Sint-Amands, since 09-06-2021
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.4%
- Gross margin
- -€488
- Loss
- €879
- Equity
- €11,096
- ▼ 7.3%
- Total assets
- €11,302
- ▼ 29.6%
- 2025 accounts filed 31 days after the deadline
Score breakdownraises riskLiquidity: current ratio 54.86Last filed accounts filed 31 days late; 1 of the last 3 accounts latelowers riskSector: Computer programming, consultancy and related activities (NACE 62)Size: total assets €11,302Show the evidence
Checked score
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 62, micro). It does better than 85% of them on solvency, 96% on liquidity, 15% on profitability and 33% on growth.
The bankruptcy probability was computed on 04-11-2026 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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 4 accounts on average 31 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00481781.
Annual accounts 2025 filed on 31-08-2026 at the NBB all 4 filings
Every figure per financial year
The operating result for 2025 is a loss of €673, after a profit of €968 in 2024.
Turnover and EBIT margin are not published. The abbreviated format does not require them.
Investments
| Item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Tangible fixed assets | €1,429 | - | - | - |
| Depreciation and write-downs of the year | €429 | €429 | €572 | - |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €429 | €429 | €572 | - | - |
| Other operating charges640/8 | €167 | €674 | €183 | €185 | ▲ 1.1% |
| Gross operating margin9900 | €15,918 | -€685 | €1,723 | -€488 | - |
| Operating profit (loss)9901 | €15,323 | -€1,787 | €968 | -€673 | - |
| Financial charges65/66B | €50 | €153 | €212 | - | - |
| Recurring financial charges65 | €50 | €153 | €212 | - | - |
| Profit (loss) for the period before taxes9903 | €15,272 | -€1,941 | €756 | -€673 | - |
| Income taxes67/77 | - | €4,112 | - | €206 | - |
| Profit (loss) for the period9904 | €15,272 | -€6,053 | €756 | -€879 | - |
| Profit (loss) for the period to be appropriated9905 | €15,272 | -€6,053 | €756 | -€879 | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €17,272 | €16,254 | €16,064 | €11,302 | ▼ 29.6% |
| Fixed assets21/28 | €1,000 | €572 | €0 | - | - |
| Tangible fixed assets22/27 | €1,000 | €572 | €0 | - | - |
| Plant, machinery and equipment23 | €1,000 | €572 | €0 | - | - |
| Current assets29/58 | €16,272 | €15,682 | €16,064 | €11,302 | ▼ 29.6% |
| Amounts receivable after more than one year29 | - | - | €11,510 | €11,302 | ▼ 1.8% |
| Other amounts receivable291 | - | - | €11,510 | €11,302 | ▼ 1.8% |
| Amounts receivable within one year40/41 | €16,272 | €15,682 | - | - | - |
| Other amounts receivable41 | €16,272 | €15,682 | - | - | - |
| Cash at bank and in hand54/58 | - | - | €4,554 | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €17,272 | €16,254 | €16,064 | €11,302 | ▼ 29.6% |
| Equity10/15 | €17,272 | €11,219 | €11,975 | €11,096 | ▼ 7.3% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | €15,272 | €9,219 | €9,975 | €9,096 | ▼ 8.8% |
| Amounts payable17/49 | - | €5,034 | €4,088 | €206 | ▼ 95.0% |
| Amounts payable within one year42/48 | - | €5,034 | €4,088 | €206 | ▼ 95.0% |
| Taxes, remuneration and social security45 | - | €4,112 | €1,683 | €206 | ▼ 87.8% |
| Taxes450/3 | - | €4,112 | €1,683 | €206 | ▼ 87.8% |
| Other amounts payable47/48 | - | €922 | €2,405 | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,272 | -€6,053 | €756 | -€879 | - |
| + Depreciation and write-downs630 | €429 | €429 | €572 | - | - |
| Operating cash flow (approximation) | €15,701 | -€5,624 | €1,328 | -€879 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 3,440 companies had the same profile as SIMUTECH has now. Two years later, 90.0% were still going and 2.3% had gone bankrupt.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a small loss
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of SIMUTECH itself is lower: 0.4% within 12 months. It rests on far more data about SIMUTECH than the profile alone.
Test of the method
The method was tested on the 497,446 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.
| 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 3,440 companies, not a prediction for SIMUTECH. 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.
Filings with the National Bank (4)
Timeline
Acts, filings and financial milestones
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 12008A0450/00E000 | Flanders | 483 m² | 1 · 134 m² | 11.6 m · 3 |