Financials
Financial year 2025
SIM-SAGA from Tongeren-Borgloon, company number BE0471122268, closed financial year 2025 with a result of € 404,712 after tax. For that financial year SIM-SAGA recorded a gross margin of € 1 million and equity of € 1 million. Compared with financial year 2024, the result moved from € 36,964 to € 404,712. 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 April 8, 2026.
€ 1 million
▲ 32% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 404,712
▲ € 367,747 vs 2024
Profit after tax over the fiscal year.
€ 321,750
▲ 34% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 150,000 paid out
37 % of the profit went to the shareholders, mostly to ABSOLEM CONSULTING (51 % of the shares). That is where the money ends up.
People and assets in 2025
6.3
▲ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 266,097
▲ 1% vs 2024
€ 42,200 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.
€ 39,297
▲ 25% vs 2024
Of which on lease € 14,630.
Debts at end 2025
€ 484,898
▲ 48% vs 2024
€ 72,560 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 959,411
▼ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 36,787
▼ 49% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 556,347 | € 597,617 | € 578,254 | € 1,012,500 | ▲ 75% |
| Profit after taxes | € 14,119 | € 10,807 | € 36,964 | € 404,712 | ▲ € 367,747 |
| Equity | € 742,039 | € 752,845 | € 789,810 | € 1,044,522 | ▲ 32% |
| Total debts | € 1,875,005 | € 2,052,123 | € 2,245,369 | € 1,860,006 | ▼ 17% |
| Cash | € 213,873 | € 228,664 | € 240,828 | € 321,750 | ▲ 34% |
| Retained profit | € 491,549 | € 502,356 | € 539,321 | € 794,032 | ▲ 47% |
| Dividend | € 0 | € 0 | € 0 | € 150,000 | |
| Bank debt | € 627,190 | € 473,871 | € 327,763 | € 484,898 | ▲ 48% |
| Balance sheet total | € 2,617,043 | € 2,804,969 | € 3,035,179 | € 2,904,528 | ▼ 4% |
| Employees (FTE) | 5.2 | 5.3 | 5.4 | 6.3 | ▲ 0.9 |
Key figures of SIM-SAGA, 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 SIM-SAGA?
What happened at SIM-SAGA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 404,712 (▲ € 367,747 vs 2024). Source: NBB ↗
- Femantra became a director. NBB
- New establishment in Tongeren-Borgloon. KBO
- Fruitcake became a director. NBB
- New establishment in Tongeren-Borgloon. KBO
- Start of the company according to the CBE. KBO
In short
From € 14,119 profit in 2022 to € 404,712 profit in 2025.
Paid € 148,067 in corporate taxes since 2022.
Best year ever: 2025, with € 404,712 profit.
On average € 160,700 of value added per employee in 2025.
Management
The stake of ABSOLEM CONSULTING, FRUITCAKE, Femantra comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SIM-SAGABehind SIM-SAGA are Fruitcake and Femantra. The shares are held by ABSOLEM CONSULTING (51%), FRUITCAKE (24.5%) and Femantra (24.5%).
Directors
According to the 2025 annual accounts
since 2011
since 2022
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industrieweg 11
3840 Tongeren-Borgloon
Industrieweg 13
3840 Tongeren-Borgloon
Active since 1 March 2021
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
- 0471.122.268
- VAT number
- BE 0471.122.268
- Registered office
- Industrieweg 11, 3840 Tongeren-Borgloon
- Names & denominations
- SIM-SAGA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 February 2000
- Peppol
- Active · Active since 28 Jan 2026
- Activities · NACE
Vervaardiging van verpakkingsmateriaal van kunststof
Activiteiten van verpakkingsbedrijven
Overige zakelijke dienstverlening, neg