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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 13 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
S.I.M. from Herk-de-Stad, company number BE0440777106, closed financial year 2025 with a result of € -4,316 after tax. For that financial year S.I.M. recorded a gross margin of € 7,445 and equity of € 867,379. Compared with financial year 2024, the result moved from € -3,256 to € -4,316. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 3, 2026.
€ 867,379
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,316
▼ 33 % more loss than in 2024
Profit after tax over the fiscal year.
€ 30,778
▼ 80% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 247,645.
People and assets in 2025
€ 205,830
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 14,666 | € 300,208 | € 5,295 | € 7,445 | ▲ 41% |
| Profit after taxes | € 1,121 | € 287,646 | € -3,256 | € -4,316 | ▼ € 1,060 |
| Equity | € 587,305 | € 874,951 | € 871,695 | € 867,379 | |
| Total debts | € 276,214 | € 0 | € 275 | € 238,611 | ▲ € 238,335 |
| Cash | € 36,825 | € 150,201 | € 151,617 | € 30,778 | ▼ 80% |
| Land & buildings | € 618,563 | € 514,760 | € 506,180 | € 866,449 | ▲ 71% |
| Retained profit | € -32,429 | € 255,217 | € 251,961 | € 247,645 | ▼ 2% |
| Balance sheet total | € 863,518 | € 874,951 | € 871,970 | € 1,105,990 | ▲ 27% |
Key figures of S.I.M., 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 S.I.M.?
What happened at S.I.M. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Ann Dormans stepped down as director. NBB
- Kor Dormans stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 4,316. Source: NBB ↗
- Ann Dormans became a director. NBB
- Kor Dormans became a director. NBB
- New establishment in Herk-de-Stad. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,121 profit in 2022 to € 4,316 loss in 2025.
Paid € 374 in corporate taxes since 2022.
Best year ever: 2023, with € 287,646 profit.
Management
Directors
According to the 2025 annual accounts
Ann Dormans
afgevaardigde bestuurder
since 2023 · until 2029
Kor Dormans
Director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Wijerstraat 36
3540 Herk-de-Stad
Wijerstraat 15
3540 Herk-de-Stad
Active since 3 August 1990
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0440.777.106
- VAT number
- BE 0440.777.106
- Registered office
- Wijerstraat 36, 3540 Herk-de-Stad
- Names & denominations
- S.I.M.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 May 1990
- Peppol
- Not registered