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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Tight liquidity NBB
Cash and receivables cover 57 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
S.I.I.M. from Stabroek, company number BE0454470140, closed financial year 2026 with a result of € 4.8 million after tax. For that financial year S.I.I.M. recorded a gross margin of € -27,469 and equity of € 2.8 million. Compared with financial year 2025, the result moved from € 117,995 to € 4.8 million. 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 September 28, 2026.
€ 2.8 million
▲ € 2.6 million vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4.8 million
▲ € 4.6 million vs 2025
Profit after tax over the fiscal year.
€ 75,237
▲ € 70,585 vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 2.2 million paid out
46 % of the profit went to the shareholders, mostly to LUFT (50 % of the shares). That is where the money ends up.
People and assets in 2026
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2026
€ 743,201
▼ 2% vs 2025
€ 44,039 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.
€ 5,570
▲ 21% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 8,476
▼ 65% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € -6,726 | € -7,016 | € -12,368 | € -27,469 | ▼ € 15,101 |
| Profit after taxes | € 42,455 | € 138,399 | € 117,995 | € 4,750,981 | ▲ € 4.6 million |
| Equity | € 162,622 | € 167,022 | € 210,016 | € 2,770,998 | ▲ € 2.6 million |
| Total debts | € 497,386 | € 633,532 | € 1,232,489 | € 2,947,248 | ▲ 139% |
| Cash | € 42 | € 88 | € 4,652 | € 75,237 | ▲ € 70,585 |
| Land & buildings | - | - | € 691,805 | € 918,665 | ▲ 33% |
| Retained profit | € 144,022 | € 148,422 | € 191,416 | € 2,752,398 | ▲ € 2.6 million |
| Dividend | € 60,000 | € 134,000 | € 75,000 | € 2,190,000 | ▲ € 2.1 million |
| Bank debt | € 208,832 | € 186,222 | € 760,297 | € 743,201 | ▼ 2% |
| Balance sheet total | € 660,008 | € 800,553 | € 1,442,505 | € 5,718,245 | ▲ 296% |
Key figures of S.I.I.M., fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to S.I.I.M.?
What happened at S.I.I.M. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 4.8 million (▲ € 4.6 million vs 2025). Source: NBB ↗
- Luft BV became a director. NBB
- G & C BV became a director. NBB
- New establishment in Stabroek. KBO
- Start of the company according to the CBE. KBO
In short
From € 42,455 profit in 2023 to € 4.8 million profit in 2026.
Paid € 1,216 in corporate taxes since 2023.
Best year ever: 2026, with € 4.8 million profit.
Paid out € 2.5 million in dividends to the owners in total.
Management
The stake of LUFT, G&C comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
S.I.I.M.Behind S.I.I.M. are Luft BV and G & C BV. The shares are held by LUFT (50%) and G&C (50%).
Directors
According to the 2026 annual accounts
since 2016
since 2016
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Dorpsstraat 31A
2940 Stabroek
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
- 0454.470.140
- VAT number
- BE 0454.470.140
- Registered office
- Dorpsstraat 31A, 2940 Stabroek
- Names & denominations
- S.I.I.M.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 February 1995
- Peppol
- Active · Active since 25 Nov 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen