Active · per the CBE, 29 October 2026

Simar Belgium

BE0896682747

Rechtspersoon Private limited company 1 establishment

Simar Belgium is a wholesaler in Gent. Private Limited, started on 25 March 2008, 1 establishment.

Korte Magerstraat 5, 9050 Gent

Behind the company: Bram Borgers, Simar Beheer BV.

Active for

18 year, 7 months

Warning lights

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

  • Not on Peppol Peppol

    Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.

Financials

Financial year 2025

Simar Belgium from Gent, company number BE0896682747, closed financial year 2025 with a result of € 76,850 after tax. For that financial year Simar Belgium recorded a gross margin of € 176,687 and equity of € 114,254. Compared with financial year 2024, the result moved from € 22,009 to € 76,850. 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 March 23, 2026.

What it is worth Growing

€ 114,254

▲ 205% vs 2024

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

Profit Growing

€ 76,850

▲ 249% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 110,746

▲ 241% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 95,554.

People and assets in 2025

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost

€ 70,358

▼ 43% 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.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 2,607

▲ 85% vs 2024

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

Taxes and wages

€ 16,522

▼ 5% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 132,559 € 128,772 € 161,968 € 176,687 ▲ 9%
Profit after taxes € 15,014 € -5,222 € 22,009 € 76,850 ▲ 249%
Equity € 20,617 € 15,395 € 37,404 € 114,254 ▲ 205%
Total debts € 44,587 € 41,671 € 18,812 € 19,129 ▲ 2%
Cash € 35,684 € 28,131 € 32,509 € 110,746 ▲ 241%
Retained profit € 1,917 € -3,305 € 18,704 € 95,554 ▲ € 76,850
Dividend € 15,000 € 0 € 0 € 0
Balance sheet total € 65,204 € 57,066 € 56,216 € 133,383 ▲ 137%
Employees (FTE) 2 2 1.9 -

Key figures of Simar Belgium, 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 Simar Belgium?

What happened at Simar Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 76,850 (▲ 249% vs 2024). Source: NBB ↗
  • Bram Borgers became a director. NBB
  • Simar Beheer BV became a director. NBB
  • New establishment in Gent. KBO
  • Start of the company according to the CBE. KBO

In short

From € 15,014 profit in 2022 to € 76,850 profit in 2025.

Paid € 41,187 in corporate taxes since 2022.

Best year ever: 2025, with € 76,850 profit.

On average € 85,200 of value added per employee in 2024.

Management

Bram Borgers Simar Beheer BV
Simar Belgium

Behind Simar Belgium are Bram Borgers and Simar Beheer BV.

Directors

According to the 2025 annual accounts

Bram Borgers

Director

since 2025

Simar Beheer BV

Director · represented by Thierry ten Hove

since 2022

Establishments

Establishment units

Physical locations of this company

Registered office

Korte Magerstraat 5

9050 Gent

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
0896.682.747
VAT number
BE 0896.682.747
Registered office
Korte Magerstraat 5, 9050 Gent
Names & denominations
Simar Belgium
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
25 March 2008
Peppol
Not registered
Activities · NACE

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Frequently asked questions

What does Simar Belgium do?
Simar Belgium is a wholesaler in Gent. Private Limited, started on 25 March 2008, 1 establishment.
What is the address of Simar Belgium?
The registered office of Simar Belgium is located at Korte Magerstraat 5, 9050 Gent.
Is Simar Belgium still active?
Yes. According to the CBE (29 October 2026) Simar Belgium is active, legal situation “Normale toestand”, started on 25 March 2008.
Is Simar Belgium registered on Peppol?
No, Simar Belgium is currently not registered on the Peppol network.
What is the enterprise number of Simar Belgium?
The enterprise number of Simar Belgium is BE0896682747.
When was Simar Belgium founded?
Simar Belgium was founded on 25 March 2008.