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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
COPY SIM from Seraing, company number BE0597766854, closed financial year 2025 with a result of € -2,283 after tax. For that financial year COPY SIM recorded a gross margin of € 192,493 and equity of € -9,637. Compared with financial year 2024, the result moved from € 23,841 to € -2,283. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ -9,637
▼ € 2,283 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,283
▼ still € 23,841 profit in 2024
Profit after tax over the fiscal year.
€ 36,671
▲ 90% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -28,187.
People and assets in 2025
€ 145,611
▲ 95% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 157,597
▲ € 153,676 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 211,313
▲ 256% vs 2024
€ 41,788 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 127,796
▲ 51% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 37,084
▲ 18% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 110,851 | € 118,704 | € 120,865 | € 192,493 | ▲ 59% |
| Profit after taxes | € 46,982 | € 42,872 | € 23,841 | € -2,283 | ▼ € 26,124 |
| Equity | € -74,066 | € -31,194 | € -7,353 | € -9,637 | ▼ € 2,283 |
| Total debts | € 167,517 | € 133,420 | € 175,689 | € 380,592 | ▲ 117% |
| Cash | € 35,422 | € 13,192 | € 19,290 | € 36,671 | ▲ 90% |
| Land & buildings | - | - | € 46,585 | - | |
| Retained profit | € -92,616 | € -49,744 | € -25,903 | € -28,187 | ▼ € 2,283 |
| Bank debt | € 75,191 | € 49,118 | € 59,440 | € 211,313 | ▲ 256% |
| Balance sheet total | € 93,451 | € 102,226 | € 168,336 | € 370,955 | ▲ 120% |
| Employees (FTE) | 1.4 | - | - | - |
Key figures of COPY SIM, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to COPY SIM?
What happened at COPY SIM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2,283 (▼ € 26,124 vs 2024). Source: NBB ↗
- New establishment in Seraing. KBO
- Start of the company according to the CBE. KBO
In short
From € 46,982 profit in 2022 to € 2,283 loss in 2025.
Paid € 31,080 in corporate taxes since 2022.
Best year ever: 2022, with € 46,982 profit.
On average € 79,200 of value added per employee in 2022.
Management
The stake of EVery ThinK, RSI MANAGEMENT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
COPY SIMBehind COPY SIM are ETIENNE FRAIKIN and BENOIT DUFOUR. The shares are held by EVery ThinK (50%) and RSI MANAGEMENT (25%).
Directors
According to the 2025 annual accounts
BENOIT DUFOUR
Director
Shareholders
50%
25%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Voie du Belvédère 3B
4100 Seraing
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0597.766.854
- VAT number
- BE 0597.766.854
- Registered office
- Voie du Belvédère 3B, 4100 Seraing
- Names & denominations
- COPY SIM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 February 2015
- Peppol
- Not registered
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