Financials
Financial year 2024
sim projects from Heusden-Zolder, company number BE0685652715, closed financial year 2024 with a result of € 118,326 after tax. For that financial year sim projects recorded a gross margin of € 235,263 and equity of € 320,305. Compared with financial year 2023, the result moved from € 19,559 to € 118,326. 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 November 27, 2025.
€ 320,305
▲ 59% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 118,326
▲ € 98,767 vs 2023
Profit after tax over the fiscal year.
€ 72,819
▲ 277% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 314,055.
People and assets in 2024
€ 52,223
▲ 52% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 6,579
▼ 17% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 25,000
▼ 21% vs 2023
Loans from banks and other lenders, long and short.
€ 302,786
▲ 48% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 76,351
▲ 7% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 92,794 | € 247,962 | € 67,879 | € 235,263 | ▲ 247% |
| Profit after taxes | € 29,027 | € 111,977 | € 19,559 | € 118,326 | ▲ € 98,767 |
| Equity | € 70,443 | € 182,420 | € 201,979 | € 320,305 | ▲ 59% |
| Total debts | € 150,030 | € 205,695 | € 328,303 | € 404,138 | ▲ 23% |
| Cash | € 52,669 | € 101,305 | € 19,340 | € 72,819 | ▲ 277% |
| Retained profit | € 64,193 | € 176,170 | € 195,729 | € 314,055 | ▲ 60% |
| Bank debt | € 20,600 | € 13,634 | € 31,536 | € 25,000 | ▼ 21% |
| Balance sheet total | € 220,473 | € 388,115 | € 530,282 | € 724,443 | ▲ 37% |
Key figures of sim projects, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to sim projects?
What happened at sim projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 118,326 (▲ € 98,767 vs 2023). filed late Source: NBB ↗
- New establishment in Heusden-Zolder. KBO
- OZCAN SIMSEK became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 29,027 profit in 2021 to € 118,326 profit in 2024.
Paid € 135,832 in corporate taxes since 2021.
Best year ever: 2024, with € 118,326 profit.
Management
Behind sim projects is OZCAN SIMSEK.
Directors
According to the 2024 annual accounts
OZCAN SIMSEK
Director
since 2017
Establishments
Establishment units
Physical locations of this company
Magazijnstraat 5 box 3
3550 Heusden-Zolder
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0685.652.715
- VAT number
- BE 0685.652.715
- Registered office
- Magazijnstraat 5 bus 3, 3550 Heusden-Zolder
- Names & denominations
- sim projects
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 December 2017
- Peppol
- Active · Active since 30 Oct 2023
- Activities · NACE
Algemene elektrotechnische installatiewerken
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde bouwwerkzaamheden