Active · per the CBE, 29 October 2026

SIM-SAGA

BE0471122268

Rechtspersoon Private limited company 2 establishments

SIM-SAGA is a plastics manufacturer in Tongeren-Borgloon. Private Limited, started on 23 February 2000, 2 establishments.

Industrieweg 11, 3840 Tongeren-Borgloon

Behind the company: Fruitcake, Femantra.

Active for

26 year, 8 months

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.

What it is worth Growing

€ 1 million

▲ 32% vs 2024

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

Profit Growing

€ 404,712

▲ € 367,747 vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 321,750

▲ 34% vs 2024

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

Where the profit goes Pays out

€ 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

Full-time equivalents

6.3

▲ 0.9 vs 2024

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

Wage cost

€ 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.

Vehicles and equipment

€ 39,297

▲ 25% vs 2024

Of which on lease € 14,630.

Debts at end 2025

Bank debt ≈ 4 years to go

€ 484,898

▲ 48% vs 2024

€ 72,560 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 959,411

▼ 17% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 36,787

▼ 49% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 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-SAGA

Behind 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

Fruitcake

Director · represented by Raf Ketelslegers

Also active at: DISPOGROUP, RS Plastics

since 2011

Femantra

Director · represented by Nick Kwanten

Also active at: DISPOGROUP

since 2022

Shareholders

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Industrieweg 11

3840 Tongeren-Borgloon

2.314.436.331

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

Frequently asked questions

What does SIM-SAGA do?
SIM-SAGA is a plastics manufacturer in Tongeren-Borgloon. Private Limited, started on 23 February 2000, 2 establishments.
What is the address of SIM-SAGA?
The registered office of SIM-SAGA is located at Industrieweg 11, 3840 Tongeren-Borgloon.
Is SIM-SAGA still active?
Yes. According to the CBE (29 October 2026) SIM-SAGA is active, legal situation “Normale toestand”, started on 23 February 2000.
Is SIM-SAGA registered on Peppol?
Yes, SIM-SAGA is registered on the Peppol network with ID 0208:0471122268.
What is the enterprise number of SIM-SAGA?
The enterprise number of SIM-SAGA is BE0471122268.
When was SIM-SAGA founded?
SIM-SAGA was founded on 23 February 2000.