Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 12.6 to 6.7.
Financials
Financial year 2025
SIMAR from Verviers, company number BE0428289741, closed financial year 2025 with a result of € 69,892 after tax. For that financial year SIMAR recorded a gross margin of € 432,219 and equity of € 931,923. Compared with financial year 2025, the result moved from € 8,440 to € 69,892. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 22, 2026.
€ 931,923
▲ 8% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 69,892
▲ € 61,452 vs 2025
Profit after tax over the fiscal year.
€ 239,718
▲ 52% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 812,543.
People and assets in 2025
6.7
▼ 3.1 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 264,387
▼ 46% vs 2025
€ 39,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 70,216
▼ 36% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 74,745
▼ 13% vs 2025
€ 66,184 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 105,584
▲ 206% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 38,186
▼ 44% vs 2025
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | 2025 | Change 2025 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 741,677 | € 734,507 | € 592,145 | € 432,219 | ▼ 27% |
| Profit after taxes | € 21,341 | € 16,972 | € 8,440 | € 69,892 | ▲ € 61,452 |
| Equity | € 836,618 | € 853,590 | € 862,030 | € 931,923 | ▲ 8% |
| Total debts | € 651,720 | € 680,547 | € 371,194 | € 381,457 | ▲ 3% |
| Cash | € 238,940 | € 127,803 | € 157,384 | € 239,718 | ▲ 52% |
| Land & buildings | € 524,222 | € 569,155 | € 540,828 | € 519,583 | ▼ 4% |
| Retained profit | € 717,239 | € 734,211 | € 742,651 | € 812,543 | ▲ 9% |
| Bank debt | € 166,936 | € 118,682 | € 85,617 | € 74,745 | ▼ 13% |
| Balance sheet total | € 1,557,542 | € 1,587,534 | € 1,275,846 | € 1,341,850 | ▲ 5% |
| Employees (FTE) | 13.3 | 12.6 | 9.8 | 6.7 | ▼ 3.1 |
Key figures of SIMAR, fiscal years 2023 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 SIMAR?
What happened at SIMAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 8,440 (▼ 50% vs 2024). Source: NBB ↗
- Yves SIMAR became a director. NBB
- New establishment in Verviers. KBO
- Start of the company according to the CBE. KBO
In short
From € 21,341 profit in 2023 to € 69,892 profit in 2025.
Paid € 56,108 in corporate taxes since 2023.
Best year ever: 2025, with € 69,892 profit.
On average € 64,500 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Yves SIMAR
Administrator-manager
since 1994
Establishments
Establishment units
Physical locations of this company
Rue Béribou 6
4800 Verviers
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0428.289.741
- VAT number
- BE 0428.289.741
- Registered office
- Rue Béribou 6, 4800 Verviers
- Names & denominations
- SIMAR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 December 1985
- Peppol
- Active · Active since 20 Nov 2025
- Contact
- [email protected] 087/33.80.62
- Activities · NACE
Sanitaire werkzaamheden
Overig loodgieterswerk
Dakwerkzaamheden
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Installatie van verwarming, klimaatregeling en ventilatie
Dakbedekking en bouw van dakconstructies