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 3.9 to 0.
Financials
Financial year 2025
SIMCO from Roeselare, company number BE0448450794, closed financial year 2025 with a result of € 232,475 after tax. For that financial year SIMCO recorded a gross margin of € 346,163 and equity of € 1.7 million. Compared with financial year 2024, the result moved from € 53,179 to € 232,475. 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 January 30, 2026.
€ 1.7 million
▲ 182% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 232,475
▲ € 179,296 vs 2024
Profit after tax over the fiscal year.
€ 11,820
▲ € 9,127 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 225,000 paid out
97 % of the profit went to the shareholders, mostly to P-vest (100 % of the shares). That is where the money ends up.
People and assets in 2025
0
▼ 1.5 vs 2024
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 741,000
Loans from banks and other lenders, long and short.
€ 11,350
▲ 136% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 35,910
▲ € 34,861 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 384,483 | € 527,501 | € 92,317 | € 346,163 | ▲ 275% |
| Profit after taxes | € 454,459 | € 368,272 | € 53,179 | € 232,475 | ▲ € 179,296 |
| Equity | € 679,467 | € 679,467 | € 618,645 | € 1,745,163 | ▲ 182% |
| Total debts | € 1,240,609 | € 1,496,736 | € 1,115,837 | € 1,046,162 | ▼ 6% |
| Cash | € 4,916 | € 17,191 | € 2,694 | € 11,820 | ▲ € 9,127 |
| Land & buildings | € 54,585 | € 54,136 | € 270,742 | € 1,319,485 | ▲ € 1 million |
| Retained profit | € 123,087 | € 123,087 | € 62,265 | € 1,179,057 | ▲ € 1.1 million |
| Dividend | € 399,143 | € 368,272 | € 114,000 | € 225,000 | ▲ 97% |
| Bank debt | € 741,000 | € 741,000 | € 741,000 | € 741,000 | |
| Balance sheet total | € 1,920,075 | € 2,176,203 | € 1,734,482 | € 2,791,325 | ▲ 61% |
| Employees (FTE) | 2.6 | 3.9 | 1.5 | 0 | ▼ 1.5 |
Key figures of SIMCO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to SIMCO?
What happened at SIMCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- P-vest BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 232,475 (▲ € 179,296 vs 2024). Source: NBB ↗
- P-vest BV became a director. NBB
- New establishment in Roeselare. KBO
- Start of the company according to the CBE. KBO
In short
From € 454,459 profit in 2022 to € 232,475 profit in 2025.
Paid € 98,163 in corporate taxes since 2022.
Best year ever: 2022, with € 454,459 profit.
On average € 61,500 of value added per employee in 2024.
Management
The stake of P-vest comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SIMCOThe shares are held by P-vest (100%). It owns 100% of Accu Service NV itself.
Directors
According to the 2025 annual accounts
Director · represented by Debrabander FREDERIK
since 2022 · until 2028
Shareholders
100%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Bietstraat 57
8800 Roeselare
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0448.450.794
- VAT number
- BE 0448.450.794
- Registered office
- Bietstraat 57, 8800 Roeselare
- Names & denominations
- SIMCO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 October 1992
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen