Bankrupt · Opening faillissement (CBE)

Simco Group

BE1006016001

Rechtspersoon Private limited company 1 establishment

Simco Group is a construction company in Temse. Private Limited, started on 14 February 2024, 1 establishment.

Schoenstraat 11A, 9140 Temse [email protected]

Behind the company: SAHIN CINAR.

Start date

14 February 2024

Warning lights

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

  • Negative equity NBB

    More debt than assets in 1 of the last 1 fiscal years.

  • Tight liquidity NBB

    Cash and receivables cover 47 % of short-term debt in 2025; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2025

Simco Group from Temse, company number BE1006016001, closed financial year 2025 with a result of € -200,880 after tax. For that financial year Simco Group recorded a gross margin of € 354,734 and equity of € -150,880. 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 October 31, 2025.

What it is worth Caution

€ -150,880

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

Loss Caution

€ -200,880

Profit after tax over the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -200,880.

People and assets in 2025

Wage cost

€ 497,043

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

€ 236,954

Of which on lease € 236,954.

Debts at end 2025

Bank debt ≈ 4 years to go

€ 230,005

€ 55,951 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 251,885

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

Taxes and wages

€ 123,678

Taxes, VAT and social contributions still to pay.

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What happened to Simco Group?

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

Simco Group is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2025: loss of € 200,880. Source: NBB ↗
  • New establishment in Temse. KBO
  • Start of the company according to the CBE. KBO

Management

SAHIN CINAR
Simco Group

Behind Simco Group is SAHIN CINAR.

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Directors

According to the 2025 annual accounts

SAHIN CINAR

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Schoenstraat 11A

9140 Temse

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
1006.016.001
VAT number
BE 1006.016.001
Registered office
Schoenstraat 11A, 9140 Temse
Names & denominations
Simco Group
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
14 February 2024
Peppol
Active · Active since 29 Jan 2026
Activities · NACE

Algemene bouw van residentiële gebouwen

Bouwrijp maken van terreinen

Bouw van bruggen en tunnels

Bouw van civieltechnische werken voor elektriciteit en telecommunicatie

Bouw van water- en gasdistributienetten

Bouw van autowegen en andere wegen

Frequently asked questions

What does Simco Group do?
Simco Group is a construction company in Temse. Private Limited, started on 14 February 2024, 1 establishment.
What is the address of Simco Group?
The registered office of Simco Group is located at Schoenstraat 11A, 9140 Temse.
Is Simco Group still active?
No. The CBE lists Simco Group 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 Simco Group registered on Peppol?
Yes, Simco Group is registered on the Peppol network with ID 0208:1006016001.
What is the enterprise number of Simco Group?
The enterprise number of Simco Group is BE1006016001.
When was Simco Group founded?
Simco Group was founded on 14 February 2024.