Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SIMAD from Virton, company number BE0443854677, closed financial year 2025 with a result of € 2,642 after tax. For that financial year SIMAD recorded a gross margin of € 12,528 and equity of € -130,139. Compared with financial year 2024, the result moved from € 2,646 to € 2,642. 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 July 26, 2026.
€ -130,139
▲ € 2,642 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,642
Profit after tax over the fiscal year.
€ 14,399
▼ 44% 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 € -253,099.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 273
▼ 77% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,066
▲ 103% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -4,830 | € 20,385 | € 13,701 | € 12,528 | ▼ 9% |
| Profit after taxes | € -39,543 | € 9,861 | € 2,646 | € 2,642 | |
| Equity | € -145,288 | € -135,428 | € -132,782 | € -130,139 | ▲ € 2,642 |
| Total debts | € 232,982 | € 183,558 | € 166,933 | € 144,539 | ▼ 13% |
| Cash | € 61,482 | € 23,061 | € 25,604 | € 14,399 | ▼ 44% |
| Retained profit | € -268,248 | € -258,388 | € -255,742 | € -253,099 | ▲ € 2,642 |
| Balance sheet total | € 87,694 | € 48,130 | € 34,151 | € 14,399 | ▼ 58% |
Key figures of SIMAD, 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 SIMAD?
What happened at SIMAD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- André SIMONS stepped down as director. NBB
- Nikita Simons stepped down as director. NBB
- Manolito Simons stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2,642. Source: NBB ↗
- André SIMONS became a director. NBB
- Nikita Simons became a director. NBB
- Manolito Simons became a director. NBB
- New establishment in Virton. KBO
In short
From € 39,543 loss in 2022 to € 2,642 profit in 2025.
Paid € 1,757 in corporate taxes since 2022.
Best year ever: 2023, with € 9,861 profit.
A new publication or filing at SIMAD? We notify you, reason included.
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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
André SIMONS
Gedeleerd bestuurder
since 2021 · until 2027
Nikita Simons
Director
since 2021 · until 2027
Manolito Simons
Director
since 2021 · until 2027
Establishments
Establishment units
Physical locations of this company
Rue de Longuyon,Ruette 51
6760 Virton
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0443.854.677
- VAT number
- BE 0443.854.677
- Registered office
- Rue de Longuyon,Ruette 51, 6760 Virton
- Names & denominations
- SIMAD
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 April 1991
- Peppol
- Active · Active since 24 Dec 2025
- Activities · NACE
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