Financials
Financial year 2025
Simac from Leuven, company number BE0441532023, closed financial year 2025 with a result of € 841,867 after tax. For that financial year Simac recorded revenue of € 69.7 million and equity of € 10.6 million. Compared with financial year 2024, the result moved from € 978,819 to € 841,867. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 22, 2026.
€ 10.6 million
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 841,867
▼ 14% vs 2024
Profit after tax over the fiscal year.
€ 866,040
▲ 31% 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 € 6 million.
People and assets in 2025
167.2
▼ 3.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 16 million
▲ 3% vs 2024
€ 95,600 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.
€ 517,108
▼ 17% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 7 million
▼ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 46 days on average.
€ 3.3 million
▲ 1% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 63,015,594 | € 67,443,004 | € 73,416,764 | € 69,665,993 | ▼ 5% |
| Profit after taxes | € 1,676,004 | € 1,912,040 | € 978,819 | € 841,867 | ▼ 14% |
| Equity | € 6,869,465 | € 8,781,505 | € 9,760,324 | € 10,602,191 | ▲ 9% |
| Total debts | € 24,816,225 | € 26,166,225 | € 30,407,565 | € 29,891,682 | ▼ 2% |
| Cash | € 1,062,404 | € 681,042 | € 663,093 | € 866,040 | ▲ 31% |
| Land & buildings | € 653,148 | € 80,853 | € 222,848 | € 200,044 | ▼ 10% |
| Retained profit | € 2,244,465 | € 4,156,505 | € 5,135,324 | € 5,977,191 | ▲ 16% |
| Dividend | € 1,676,004 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 31,745,690 | € 35,007,730 | € 40,227,889 | € 40,553,873 | ▲ 1% |
| Employees (FTE) | 148.4 | 160.1 | 171.1 | 167.2 | ▼ 3.9 |
Key figures of Simac, 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 Simac?
What happened at Simac in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Service I.T. BV stepped down as director. NBB
- Johan Diels BV stepped down as director. NBB
- Eric van Schagen stepped down as director. NBB
- Simac Holding Belgium NV stepped down as director. NBB
- Kavai BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 841,867 (▼ 14% vs 2024). Source: NBB ↗
- Service I.T. BV became a director. NBB
- Johan Diels BV became a director. NBB
In short
From € 1.7 million profit in 2022 to € 841,867 profit in 2025.
Paid € 2.5 million in corporate taxes since 2022.
Best year ever: 2023, with € 1.9 million profit.
Paid out € 1.7 million in dividends to the owners in total.
Management
Directors
According to the 2025 annual accounts
since 2024 · until 2030
since 2024 · until 2030
since 2024 · until 2030
Director · represented by Michael Van Kasteren
since 2024 · until 2030
Director · represented by Andy Vanbrabant
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Industrieweg 8
3001 Leuven
Rue de Marche 167
6600 Bastogne
Active since 1 July 2017
Bosstraat 54
3560 Lummen
Active since 1 June 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0441.532.023
- VAT number
- BE 0441.532.023
- Registered office
- Industrieweg 8, 3001 Leuven
- Names & denominations
- Simac
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 September 1990
- Peppol
- Active · Active since 17 Jul 2025
- Activities · NACE
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Aanleg van pijpleidingen, telecommunicatieleidingen en hoogspanningsleidingen
Computerconsultancy-activiteiten
Bouw van civieltechnische werken voor elektriciteit en telecommunicatie