THE SIMBA TEAM
A bankruptcy procedure is open for THE SIMBA TEAM according to publications in the Belgian State Gazette. The 2022 annual accounts show negative equity (€-68k) and a net result of €-98k.
| Equity | €-68k |
| Net result | €-98k |
| Better than sector | 16% |
| Active | 4 yrs |
Fragile profile — watch health in particular.
Bankruptcy opened
A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
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See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -30.4% | 38.0% | |
| Net result | €-98k | €5k | |
| Equity | €-68k | €8k | |
| Gross operating margin | €-48k | €15k | |
| Total assets | €224k | €33k |
| Fiscal year | 2022 |
|---|---|
| Revenue | — |
| EBITDA | €-55k |
| Net profit | €-98k |
| Cash flow | €-74k |
| Staff costs | — |
| Income taxes | €689 |
| Dividends | — |
| Total assets | €224k |
| Equity | €-68k |
| Debt | €292k |
| of which ≤ 1y | €79k |
| of which > 1y | €213k |
| Working capital | €-66k |
| Employees (FTE) | — |
| 2022 | |
|---|---|
| Current ratio | 0.17 |
| Quick ratio | 0.17 |
| Working capital ratio | -29.4% |
| Solvency | -30.4% |
| Debt / equity | -4.28 |
| Long-term debt ratio | -3.12 |
| Interest coverage | -2.91 |
| Gross margin | — |
| Net margin | — |
| ROA | -43.9% |
| ROE | 144.0% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €224k |
| Fixed assets | 21/28 | €210k |
| Intangible fixed assets | 21 | €2k |
| Tangible fixed assets | 22/27 | €209k |
| Current assets | 29/58 | €13k |
| Amounts receivable within one year | 40/41 | €11k |
| Cash & bank | 54/58 | €2k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €224k |
| Equity | 10/15 | €-68k |
| Contributions / capital | 10/11 | €30k |
| Accumulated profits (losses) | 14 | €-98k |
| Amounts payable | 17/49 | €292k |
| Amounts payable after one year | 17 | €213k |
| Amounts payable within one year | 42/48 | €79k |
| Trade debts payable within one year | 44 | €47k |
| Income statement | ||
| Gross operating margin | 9900 | €-48k |
| Operating result | 9901 | €-79k |
| Financial income | 75 | €401 |
| Financial charges | 65 | €19k |
| Result before taxes | 9903 | €-97k |
| Income taxes | 67/77 | €689 |
| Net result for the period | 9904 | €-98k |
| Result to be appropriated | 9905 | €-98k |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | CHRISTOPHE HUBERT RUE FRAPPE CUL, 19,
5170 01 LUSTIN |
19-03-2026 → present | Belgian State Gazette |
| NACE primary | 85510 |
| Legal form | Private limited company(610) |
| Incorporation | 09-09-2021 |
| Status | Active |
| Postal code | 5100 |
| First BS signal | 03-04-2026 |
| Latest BS signal | 03-04-2026 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92136A0009/00M010 | Wallonia | 5,396 m² | 1 · 1,173 m² | — |
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
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| Legal nameFR | THE SIMBA TEAM |