Financials
Financial year 2024
Simsek Solutions from Genk, company number BE0729984386, closed financial year 2024 with a result of € 3,765 after tax. For that financial year Simsek Solutions recorded a gross margin of € 43,198 and equity of € 79,037. Compared with financial year 2023, the result moved from € 12,591 to € 3,765. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 26, 2025.
€ 79,037
▲ 5% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,765
▼ 70% vs 2023
Profit after tax over the fiscal year.
€ 18,441
▼ 14% 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 € 74,037.
People and assets in 2024
€ 1,029
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 41,270
▼ 25% vs 2023
Of which on lease € 40,795.
Debts at end 2024
€ 286,243
▼ 11% vs 2023
€ 36,019 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 5,015
▲ 18% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 8,993
▼ 26% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 24,501 | € 27,981 | € 48,102 | € 43,198 | ▼ 10% |
| Profit after taxes | € 202 | € 5,494 | € 12,591 | € 3,765 | ▼ 70% |
| Equity | € 57,187 | € 62,681 | € 75,272 | € 79,037 | ▲ 5% |
| Total debts | € 332,911 | € 319,416 | € 340,472 | € 302,323 | ▼ 11% |
| Cash | € 39,948 | € 28,693 | € 21,368 | € 18,441 | ▼ 14% |
| Land & buildings | € 238,973 | € 230,424 | € 220,144 | € 209,864 | ▼ 5% |
| Retained profit | € 52,187 | € 57,681 | € 70,272 | € 74,037 | ▲ 5% |
| Bank debt | € 310,323 | € 290,373 | € 323,356 | € 286,243 | ▼ 11% |
| Balance sheet total | € 390,098 | € 382,097 | € 415,744 | € 381,360 | ▼ 8% |
Key figures of Simsek Solutions, 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 Simsek Solutions?
What happened at Simsek Solutions in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 3,765 (▼ 70% vs 2023). filed late Source: NBB ↗
- Fatih Simsek became a director. NBB
- Merve SImsek became a director. NBB
- New establishment in Genk. KBO
- Mehmet Simsek became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 202 profit in 2021 to € 3,765 profit in 2024.
Paid € 15,845 in corporate taxes since 2021.
Best year ever: 2023, with € 12,591 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Simsek Solutions are Merve SImsek, Fatih Simsek and Mehmet Simsek. Merve SImsek is also behind Mehmet Solutions.
Directors
According to the 2024 annual accounts
since 2024
Fatih Simsek
Director
since 2024
Mehmet Simsek
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Kruidenlaan 8
3600 Genk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0729.984.386
- VAT number
- BE 0729.984.386
- Registered office
- Kruidenlaan 8, 3600 Genk
- Names & denominations
- Simsek Solutions
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 July 2019
- Peppol
- Active · Active since 24 Nov 2023
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