What does SIMEX EN CO. do?

SIMEX EN CO. is a wholesaler in Kuurne. Public Limited, started on 2 September 1997, 1 establishment.

What is the address of SIMEX EN CO.?

The registered office of SIMEX EN CO. is located at Kortrijksestraat 66, 8520 Kuurne.

Is SIMEX EN CO. still active?

Yes. According to the CBE (29 October 2026) SIMEX EN CO. is active, legal situation “Normale toestand”, started on 2 September 1997.

Is SIMEX EN CO. registered on Peppol?

Yes, SIMEX EN CO. is registered on the Peppol network with ID 0208:0461303789.

What is the enterprise number of SIMEX EN CO.?

The enterprise number of SIMEX EN CO. is BE0461303789.

When was SIMEX EN CO. founded?

SIMEX EN CO. was founded on 2 September 1997.

Who are the directors of SIMEX EN CO.?

According to the 2025 annual accounts, the directors of SIMEX EN CO. are: Falcon & Hedge NV, Nathalie Verhaeghe.

Is SIMEX EN CO. a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 2 September 1997; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did SIMEX EN CO. make in 2025?

SIMEX EN CO. posted a profit after taxes of € 176,531 in financial year 2025.

What is the revenue of SIMEX EN CO.?

In its most recent annual accounts (2025), SIMEX EN CO. reported revenue of € 11,602,927.

How much does an employee at SIMEX EN CO. earn?

The average wage cost per full-time employee at SIMEX EN CO. was € 83,600 in 2025: staff costs of € 668,786 for 8 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does SIMEX EN CO. have?

According to the 2025 annual accounts, SIMEX EN CO. has 8 full-time equivalents (FTE).

SIMEX EN CO. (Public Limited) - Kuurne - BE0461303789

Dossier SIMEX EN CO., printed on 29 October 2026 from databakkes.be/en/0461303789/simex-en-co. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

SIMEX EN CO. from Kuurne, company number BE0461303789, closed financial year 2025 with a result of € 176,531 after tax. For that financial year SIMEX EN CO. recorded revenue of € 11.6 million and equity of € 4.2 million. Compared with financial year 2024, the result moved from € 555,349 to € 176,531. The company is profitable. 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 April 28, 2026.

What it is worth Growing

€ 4.2 million

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 176,531

▼ 68% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 420,133

▼ 17% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 155,000 paid out

88 % of the profit went to the shareholders, mostly to FALCON & HEDGE (76 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

▼ 1 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 1.5 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 668,786

▼ 1% vs 2024

€ 83,600 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.

Vehicles and equipment

€ 246,693

▼ 28% vs 2024

Of which on lease € 4,491.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 1.8 million

▼ 15% vs 2024

€ 29,522 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 1.1 million

▲ 23% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 38 days on average.

Taxes and wages

€ 110,628

▲ 4% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 17,763,137 Revenue 2022: € 17,763,137 First fiscal year in the series	€ 18,126,525 Revenue 2023: € 18,126,525 ▲ 2% vs 2022 (€ 17,763,137) Favourable step	€ 14,571,844 Revenue 2024: € 14,571,844 ▼ 20% vs 2023 (€ 18,126,525) Unfavourable step	€ 11,602,927 Revenue 2025: € 11,602,927 ▼ 20% vs 2024 (€ 14,571,844) Unfavourable step	▼ 20%
Profit after taxes	€ 1,705,086 Profit after taxes 2022: € 1,705,086 First fiscal year in the series	€ 991,512 Profit after taxes 2023: € 991,512 ▼ 42% vs 2022 (€ 1,705,086) Unfavourable step	€ 555,349 Profit after taxes 2024: € 555,349 ▼ 44% vs 2023 (€ 991,512) Unfavourable step	€ 176,531 Profit after taxes 2025: € 176,531 ▼ 68% vs 2024 (€ 555,349) Unfavourable step	▼ 68%
Equity	€ 3,665,776 Equity 2022: € 3,665,776 First fiscal year in the series	€ 4,117,288 Equity 2023: € 4,117,288 ▲ 12% vs 2022 (€ 3,665,776) Favourable step	€ 4,192,637 Equity 2024: € 4,192,637 ▲ 2% vs 2023 (€ 4,117,288) Favourable step	€ 4,196,168 Equity 2025: € 4,196,168 Unchanged (€ 4,192,637) Favourable step
Total debts	€ 5,346,653 Total debts 2022: € 5,346,653 First fiscal year in the series	€ 6,950,981 Total debts 2023: € 6,950,981 ▲ 30% vs 2022 (€ 5,346,653) Unfavourable step	€ 3,975,652 Total debts 2024: € 3,975,652 ▼ 43% vs 2023 (€ 6,950,981) Favourable step	€ 3,461,122 Total debts 2025: € 3,461,122 ▼ 13% vs 2024 (€ 3,975,652) Favourable step	▼ 13%
Cash	€ 2,539,444 Cash 2022: € 2,539,444 First fiscal year in the series	€ 4,302,284 Cash 2023: € 4,302,284 ▲ 69% vs 2022 (€ 2,539,444) Favourable step	€ 506,466 Cash 2024: € 506,466 ▼ 88% vs 2023 (€ 4,302,284) Unfavourable step	€ 420,133 Cash 2025: € 420,133 ▼ 17% vs 2024 (€ 506,466) Unfavourable step	▼ 17%
Land & buildings	€ 75,000 Land & buildings 2022: € 75,000 First fiscal year in the series	€ 394,623 Land & buildings 2023: € 394,623 ▲ € 319,623 vs 2022 (€ 75,000) Unchanged	€ 452,381 Land & buildings 2024: € 452,381 ▲ 15% vs 2023 (€ 394,623) Unchanged	€ 494,105 Land & buildings 2025: € 494,105 ▲ 9% vs 2024 (€ 452,381) Unchanged	▲ 9%
Retained profit	€ 3,590,776 Retained profit 2022: € 3,590,776 First fiscal year in the series	€ 4,042,288 Retained profit 2023: € 4,042,288 ▲ 13% vs 2022 (€ 3,590,776) Favourable step	€ 4,117,637 Retained profit 2024: € 4,117,637 ▲ 2% vs 2023 (€ 4,042,288) Favourable step	€ 4,121,168 Retained profit 2025: € 4,121,168 Unchanged (€ 4,117,637) Favourable step
Dividend	€ 750,000 Dividend 2022: € 750,000 First fiscal year in the series	€ 500,000 Dividend 2023: € 500,000 ▼ 33% vs 2022 (€ 750,000) Unchanged	€ 450,000 Dividend 2024: € 450,000 ▼ 10% vs 2023 (€ 500,000) Unchanged	€ 155,000 Dividend 2025: € 155,000 ▼ 66% vs 2024 (€ 450,000) Unchanged	▼ 66%
Bank debt	€ 2,508,657 Bank debt 2022: € 2,508,657 First fiscal year in the series	€ 4,339,933 Bank debt 2023: € 4,339,933 ▲ 73% vs 2022 (€ 2,508,657) Unfavourable step	€ 2,114,795 Bank debt 2024: € 2,114,795 ▼ 51% vs 2023 (€ 4,339,933) Favourable step	€ 1,800,783 Bank debt 2025: € 1,800,783 ▼ 15% vs 2024 (€ 2,114,795) Favourable step	▼ 15%
Balance sheet total	€ 9,012,429 Balance sheet total 2022: € 9,012,429 First fiscal year in the series	€ 11,068,269 Balance sheet total 2023: € 11,068,269 ▲ 23% vs 2022 (€ 9,012,429) Unchanged	€ 8,168,289 Balance sheet total 2024: € 8,168,289 ▼ 26% vs 2023 (€ 11,068,269) Unchanged	€ 7,657,290 Balance sheet total 2025: € 7,657,290 ▼ 6% vs 2024 (€ 8,168,289) Unchanged	▼ 6%
Employees (FTE)	9 Employees (FTE) 2022: 9 First fiscal year in the series	9 Employees (FTE) 2023: 9 Unchanged (9) Unchanged	9 Employees (FTE) 2024: 9 Unchanged (9) Unchanged	8 Employees (FTE) 2025: 8 ▼ 1 vs 2024 (9) Unchanged	▼ 1

Key figures of SIMEX EN CO., 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 April 2027.

What happened to SIMEX EN CO.?

What happened at SIMEX EN CO. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2028 Falcon & Hedge NV stepped down as director. NBB
2028 Nathalie Verhaeghe stepped down as director. NBB
Apr 28, 2026 New annual accounts for financial year 2025: profit of € 176,531 (▼ 68% vs 2024). Source: NBB ↗
2023 Nathalie Verhaeghe became a director. NBB
2023 Falcon & Hedge NV became a director. NBB
Sep 4, 1997 New establishment in Kuurne. KBO
Sep 2, 1997 Start of the company according to the CBE. KBO

In short

From € 1.7 million profit in 2022 to € 176,531 profit in 2025.

Paid € 1.4 million in corporate taxes since 2022.

Best year ever: 2022, with € 1.7 million profit.

Paid out € 1.9 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

FALCON & HEDGE 76%

The stake of FALCON & HEDGE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

SIMEX EN CO.

Kortrijk Storage NV 12.5%

The shares are held by FALCON & HEDGE (76%). It owns 12.5% of Kortrijk Storage NV itself.

Directors

According to the 2025 annual accounts

Falcon & Hedge NV

Managing director · represented by VERVAEKE Antoine

Also active at: AKHNATON GROUP

since 2023 · until 2028

Nathalie Verhaeghe

Director

Also active at: AKHNATON GROUP, FALCON & HEDGE

since 2023 · until 2028

Shareholders

FALCON & HEDGE

76%

Participations

Kortrijk Storage NV

12.5%

Establishments

Establishment units

Physical locations of this company

Registered office

Kortrijksestraat 66

8520 Kuurne

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 →

AKHNATON GROUP same network

€ 751,708 gross margin · 2025

Praktijk Listoire

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0461.303.789

VAT number

BE 0461.303.789

Registered office

Kortrijksestraat 66, 8520 Kuurne

Names & denominations

SIMEX EN CO.

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

2 September 1997

Peppol

Active · Active since 27 Mar 2026

Activities · NACE

Groothandel in metalen en metaalertsen

Vervaardiging van metalen constructiewerken en delen daarvan

Vervaardiging van ander schrijn- en timmerwerk

Vervaardiging van metalen constructiewerken en onderdelen daarvan

Vervaardiging van schrijn- en timmerwerk

View on CBE Public ↗ Annual accounts (NBB) ↗

SIMEX EN CO.

Financials

What happened to SIMEX EN CO.?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions