Bankrupt · Opening faillissement (CBE)

S.I.M. TRANS

BE0810199824

Rechtspersoon Private limited company 1 establishment

S.I.M. TRANS is a removals company in Evere. Private Limited, started on 4 March 2009, 1 establishment.

S. Hoedemaekerssquare 21 box 75, 1140 Evere

Behind the company: Serdar DEMIRTEKIN.

Start date

4 March 2009

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Two loss years in a row NBB

    Negative result in 2020 and 2021.

  • Tight liquidity NBB

    Cash and receivables cover 55 % of short-term debt in 2021; threshold 65 %.

  • Late annual account NBB

    Fiscal year 2021 was filed 427 days after the legal deadline.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2021

S.I.M. TRANS from Evere, company number BE0810199824, closed financial year 2021 with a result of € -4,524 after tax. For that financial year S.I.M. TRANS recorded revenue of € 1.8 million and equity of € 10,970. Compared with financial year 2020, the result moved from € -22,041 to € -4,524. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 1, 2023.

What it is worth Healthy

€ 10,970

▼ 29% vs 2020

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

Loss Caution

€ -4,524

▲ 79 % less loss than in 2020

Profit after tax over the fiscal year.

Cash in the bank

€ 20,698

▲ 38% vs 2020

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -8,030.

People and assets in 2021

Full-time equivalents

18.8

▲ 0.2 vs 2020

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

Wage cost

€ 739,144

▲ 7% vs 2020

€ 39,300 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

€ 546,858

▼ 13% vs 2020

Of which on lease € 518,237.

Debts at end 2021

Bank debt ≈ 2 years to go

€ 403,041

▼ 25% vs 2020

€ 204,323 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 554,754

▲ 54% vs 2020

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

Taxes and wages

€ 251,064

▼ 31% vs 2020

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
20202021Change 2020 → 2021
Revenue € 1,569,885 € 1,804,580 ▲ 15%
Gross margin € 909,903 € 1,054,434 ▲ 16%
Profit after taxes € -22,041 € -4,524 ▲ € 17,517
Equity € 15,494 € 10,970 ▼ 29%
Total debts € 1,271,648 € 1,210,879 ▼ 5%
Cash € 14,965 € 20,698 ▲ 38%
Retained profit € -3,506 € -8,030 ▼ € 4,524
Bank debt € 539,837 € 403,041 ▼ 25%
Balance sheet total € 1,287,142 € 1,221,848 ▼ 5%
Employees (FTE) 18.6 18.8 ▲ 0.2

Key figures of S.I.M. TRANS, fiscal years 2020 to 2021, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2022 has not been filed yet; it was expected before 31 July 2023.

What happened to S.I.M. TRANS?

What happened at S.I.M. TRANS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

S.I.M. TRANS is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2021: loss of € 4,524. filed late Source: NBB ↗
  • New establishment in Evere. KBO
  • Start of the company according to the CBE. KBO

In short

From € 22,041 loss in 2020 to € 4,524 loss in 2021.

Paid € 61,178 in corporate taxes since 2020.

On average € 56,100 of value added per employee in 2021.

Management

Serdar DEMIRTEKIN
S.I.M. TRANS

Behind S.I.M. TRANS is Serdar DEMIRTEKIN. Serdar DEMIRTEKIN is also behind EGE FOOD and S.I. LOGISTICS.

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Directors

According to the 2021 annual accounts

Serdar DEMIRTEKIN

Director

Also active at: EGE FOOD, S.I. LOGISTICS

Establishments

Establishment units

Physical locations of this company

Registered office

S. Hoedemaekerssquare 21 box 75

1140 Evere

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0810.199.824
VAT number
BE 0810.199.824
Registered office
S. Hoedemaekerssquare 21 bus 75, 1140 Evere
Names & denominations
S.I.M. TRANS
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
4 March 2009
Peppol
Not registered
Activities · NACE

Verhuisactiviteiten

Goederenvervoer over de weg

Personenvervoer per trein

Personenvervoer per spoor, m.u.v. personenvervoer per spoor binnen steden of voorsteden

Frequently asked questions

What does S.I.M. TRANS do?
S.I.M. TRANS is a removals company in Evere. Private Limited, started on 4 March 2009, 1 establishment.
What is the address of S.I.M. TRANS?
The registered office of S.I.M. TRANS is located at S. Hoedemaekerssquare 21 box 75, 1140 Evere.
Is S.I.M. TRANS still active?
No. The CBE lists S.I.M. TRANS with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is S.I.M. TRANS registered on Peppol?
No, S.I.M. TRANS is currently not registered on the Peppol network.
What is the enterprise number of S.I.M. TRANS?
The enterprise number of S.I.M. TRANS is BE0810199824.
When was S.I.M. TRANS founded?
S.I.M. TRANS was founded on 4 March 2009.