Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 31 % of short-term debt in 2025; threshold 65 %.
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Legal situation KBO
Vrijwillige ontbinding – vereffening according to the CBE.
Financials
Financial year 2025
Simec from Merelbeke-Melle, company number BE0402977194, closed financial year 2025 with a result of € 16,698 after tax. For that financial year Simec recorded a gross margin of € -88 and equity of € -7.5 million. Compared with financial year 2024, the result moved from € 20,170 to € 16,698. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 20, 2026.
€ -7.5 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,698
▼ 17% vs 2024
Profit after tax over the fiscal year.
€ 1.1 million
▲ € 1.1 million vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -10.8 million.
Debts at end 2025
€ 1,250
Loans from banks and other lenders, long and short.
€ 1.5 million
Supplier invoices still open on the last day of the fiscal year.
€ 2.3 million
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -450 | € -265 | € -265 | € -88 | ▲ € 177 |
| Profit after taxes | € 626 | € 1,954 | € 20,170 | € 16,698 | ▼ 17% |
| Equity | € -7,538,549 | € -7,536,595 | € -7,516,425 | € -7,499,728 | |
| Total debts | € 6,835,771 | € 6,835,771 | € 6,837,021 | € 6,857,021 | |
| Cash | € 22,212 | € 21,801 | € 136 | € 1,134,993 | ▲ € 1.1 million |
| Retained profit | € -10,870,549 | € -10,868,595 | € -10,848,425 | € -10,831,728 | |
| Bank debt | € 0 | € 0 | € 1,250 | € 1,250 | |
| Balance sheet total | € 1,299,873 | € 1,301,827 | € 1,323,247 | € 1,359,944 | ▲ 3% |
Key figures of Simec, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Simec?
What happened at Simec in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Simec is active according to the CBE. Legal situation: Vrijwillige ontbinding – vereffening.
- New annual accounts for financial year 2025: profit of € 16,698 (▼ 17% vs 2024). filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Hulshout. KBO
In short
From € 626 profit in 2022 to € 16,698 profit in 2025.
Paid € 7,259 in corporate taxes since 2022.
Best year ever: 2024, with € 20,170 profit.
Establishments
Establishment units
Physical locations of this company
Guldensporenpark 117A
9820 Merelbeke-Melle
Industriepark 20
2235 Hulshout
Active since 1 October 1966
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →IMMO DESIMPEL
€ 73,517 gross margin · 2025
DEMSONAR
€ 291,677 gross margin · 2025
Euro Crossroads Business Park
€ -15,095 gross margin · 2025
EUROBUILD
€ -12,188 gross margin · 2025
Curavi
€ 460,222 revenue · 2025
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0402.977.194
- VAT number
- BE 0402.977.194
- Registered office
- Guldensporenpark 117A, 9820 Merelbeke-Melle
- Names & denominations
- Simec
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Vrijwillige ontbinding – vereffening
- Start date
- 1 January 1968
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
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