SIMMES
ActiveSummary
SIMMES has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €328k and a net result of €22k. Equity is growing by ~6.6% per year across the filed fiscal years. Its solvency ranks better than 60% of 11389 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▼-1
Solvency80▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity short (current ratio 0.17 against 0.12 in 2024; short-term debt: 14.1% and cash: 2.1% of total assets), and 44.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
55.2%
Return on assets
3.8%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 d early
2024
6 d early
2023
on the day
2022
29 d late
2021
31 d late
2020
31 d late
2019
45 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€328k▲ 7.4%
2024 · €306k
2018: €209klowest in 8 years
2019: €223k▲ +6.8% vs 2018
2020: €232k▲ +4.3% vs 2019
2021: €246k▲ +6.0% vs 2020
2022: €260k▲ +5.6% vs 2021
2023: €280k▲ +7.6% vs 2022
2024: €306k▲ +9.2% vs 2023
2025: €328k▲ +7.4% vs 2024highest in 8 years
2018 → 2025
Total assets
€594k▼ 0.1%
2024 · €595k
2018: €649khighest in 8 years
2019: €634k▼ -2.4% vs 2018
2020: €638k▲ +0.7% vs 2019
2021: €621k▼ -2.6% vs 2020
2022: €611k▼ -1.7% vs 2021
2023: €602k▼ -1.5% vs 2022
2024: €595k▼ -1.2% vs 2023
2025: €594k▼ -0.1% vs 2024lowest in 8 years
2018 → 2025
Net result
€22k▼ 12.3%
2024 · €26k
2018: €21k
2019: €14k▼ -30.8% vs 2018
2020: €9k▼ -33.1% vs 2019lowest in 8 years
2021: €14k▲ +47.2% vs 2020
2022: €14k▼ -1.1% vs 2021
2023: €20k▲ +43.4% vs 2022
2024: €26k▲ +29.2% vs 2023highest in 8 years
2025: €22k▼ -12.3% vs 2024
2018 → 2025
Working capital
€-70k▼ 5.5%
2024 · €-66k
2018: €-36khighest in 8 years
2019: €-45k▼ -25.7% vs 2018
2020: €-39k▲ +12.5% vs 2019
2021: €-50k▼ -26.7% vs 2020
2022: €-61k▼ -22.2% vs 2021
2023: €-66k▼ -8.9% vs 2022
2024: €-66k▼ -0.1% vs 2023
2025: €-70k▼ -5.5% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€246k-€260k▲ 5.6%€280k▲ 7.6%€306k▲ 9.2%€328k▲ 7.4%
2021: €246klowest in 5 years
2022: €260k▲ +5.6% vs 2021
2023: €280k▲ +7.6% vs 2022
2024: €306k▲ +9.2% vs 2023
2025: €328k▲ +7.4% vs 2024highest in 5 years
Operating result€25k-€24k▼ 3.4%€33k▲ 33.5%€41k▲ 25.3%€34k▼ 17.7%
2021: €25k
2022: €24k▼ -3.4% vs 2021lowest in 5 years
2023: €33k▲ +33.5% vs 2022
2024: €41k▲ +25.3% vs 2023highest in 5 years
2025: €34k▼ -17.7% vs 2024
Net result€14k-€14k▼ 1.1%€20k▲ 43.4%€26k▲ 29.2%€22k▼ 12.3%
2021: €14k
2022: €14k▼ -1.1% vs 2021lowest in 5 years
2023: €20k▲ +43.4% vs 2022
2024: €26k▲ +29.2% vs 2023highest in 5 years
2025: €22k▼ -12.3% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 18% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €594k
Fixed assets
€580k ▼ 0.9%
Current assets
€14k ▲ 52.6%
Equity and liabilities €594k
Equity
€328k ▲ 7.4%
Debt
€266k ▼ 8.0%
Debt's share of the balance-sheet total falls from 48.6% to 44.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€39k▼
2024 · €46k
Cash flow
€28k▼
2024 · €31k
Current ratio
0.17▲
2024 · 0.12
Debt to equity
0.81▼
2024 · 0.95
ROE
6.9%▼
2024 · 8.4%
ROA
3.8%▼
2024 · 4.3%
Interest coverage
7.15▼
2024 · 7.48
Debt ≤ 1 year
€84k▲
2024 · €75k
Debt > 1 year
€182k▼
2024 · €214k
Income taxes
€6k▼
2024 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet
Code20242025
Assets
Total assets20/58€595k€594k▼
Fixed assets21/28€585k€580k▼
Tangible fixed assets22/27€585k€580k▼
Land and buildings22€585k€580k▼
Current assets29/58€9k€14k▲
Amounts receivable within one year40/41€58€2k▲
Other amounts receivable41€58€2k▲
Cash at bank and in hand54/58€9k€12k▲
Equity and liabilities
Total equity and liabilities10/49€595k€594k▼
Equity10/15€306k€328k▲
Contributions10/11€19k€19k=
Reserves13€287k€309k▲
Distributable reserves133€287k€309k▲
Amounts payable17/49€289k€266k▼
Amounts payable after more than one year17€214k€182k▼
Financial debts170/4€214k€182k▼
Amounts payable within one year42/48€75k€84k▲
Current portion of amounts payable after more than one year42€31k€32k▲
Trade debts44€2k€8k▲
Suppliers440/4€2k€8k▲
Taxes, remuneration and social security45€6k€6k▼
Taxes450/3€6k€6k▼
Other amounts payable47/48€36k€38k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k=
Other operating charges640/8€6k€4k▼
Gross operating margin9900€52k€43k▼
Operating profit (loss)9901€41k€34k▼
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€35k€28k▼
Income taxes67/77€9k€6k▼
Profit (loss) for the period9904€26k€22k▼
Profit (loss) for the period to be appropriated9905€26k€22k▼
Appropriation of the result
Profit (loss) to be appropriated9906€26k€22k▼
Transfer to equity691/2€26k€22k▼
To other reserves6921€26k€22k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €6k | €6k | €6k | €6k | = |
| Other operating charges640/8 | €3k | €3k | €4k | €6k | €4k | ▼ 31.2% |
| Gross operating margin9900 | €34k | €33k | €42k | €52k | €43k | ▼ 17.3% |
| Operating profit (loss)9901 | €25k | €24k | €33k | €41k | €34k | ▼ 17.7% |
| Financial charges65/66B | €6k | €6k | €6k | €6k | €5k | ▼ 11.7% |
| Recurring financial charges65 | €6k | €6k | €6k | €6k | €5k | ▼ 11.7% |
| Profit (loss) for the period before taxes9903 | €19k | €19k | €27k | €35k | €28k | ▼ 18.8% |
| Income taxes67/77 | €5k | €5k | €7k | €9k | €6k | ▼ 37.3% |
| Profit (loss) for the period9904 | €14k | €14k | €20k | €26k | €22k | ▼ 12.3% |
| Profit (loss) for the period to be appropriated9905 | €14k | €14k | €20k | €26k | €22k | ▼ 12.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €621k | €611k | €602k | €595k | €594k | ▼ 0.1% |
| Fixed assets21/28 | €602k | €596k | €591k | €585k | €580k | ▼ 0.9% |
| Tangible fixed assets22/27 | €602k | €596k | €591k | €585k | €580k | ▼ 0.9% |
| Land and buildings22 | €602k | €596k | €591k | €585k | €580k | ▼ 0.9% |
| Current assets29/58 | €19k | €14k | €11k | €9k | €14k | ▲ 52.6% |
| Amounts receivable within one year40/41 | €2k | €2k | €2k | €58 | €2k | ▲ 3,104% |
| Trade receivables40 | €1k | €2k | €2k | - | - | - |
| Other amounts receivable41 | €293 | €432 | €125 | €58 | €2k | ▲ 3,104% |
| Cash at bank and in hand54/58 | €18k | €12k | €9k | €9k | €12k | ▲ 33.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €621k | €611k | €602k | €595k | €594k | ▼ 0.1% |
| Equity10/15 | €246k | €260k | €280k | €306k | €328k | ▲ 7.4% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €228k | €241k | €261k | €287k | €309k | ▲ 7.8% |
| Non-distributable reserves130/1 | €2k | - | - | - | - | - |
| Reserves not available under the articles1311 | €2k | - | - | - | - | - |
| Distributable reserves133 | €226k | €241k | €261k | €287k | €309k | ▲ 7.8% |
| Amounts payable17/49 | €375k | €351k | €322k | €289k | €266k | ▼ 8.0% |
| Amounts payable after more than one year17 | €306k | €276k | €245k | €214k | €182k | ▼ 14.8% |
| Financial debts170/4 | €306k | €276k | €245k | €214k | €182k | ▼ 14.8% |
| Amounts payable within one year42/48 | €69k | €75k | €77k | €75k | €84k | ▲ 11.3% |
| Current portion of amounts payable after more than one year42 | €30k | €30k | €31k | €31k | €32k | ▲ 1.4% |
| Financial debts43 | €16 | - | - | - | - | - |
| Credit institutions430/8 | €16 | - | - | - | - | - |
| Trade debts44 | €4k | €6k | €4k | €2k | €8k | ▲ 344% |
| Suppliers440/4 | €4k | €6k | €4k | €2k | €8k | ▲ 344% |
| Taxes, remuneration and social security45 | €9k | €10k | €8k | €6k | €6k | ▼ 1.5% |
| Taxes450/3 | €9k | €10k | €8k | €6k | €6k | ▼ 1.5% |
| Other amounts payable47/48 | €27k | €29k | €35k | €36k | €38k | ▲ 4.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14k | €14k | €20k | €26k | €22k | ▼ 12.3% |
| + Depreciation and write-downs630 | €6k | €6k | €6k | €6k | €6k | = |
| Operating cash flow (approximation) | €19k | €19k | €25k | €31k | €28k | ▼ 10.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €-6k | €-3k | €282 | €3k | ▲ 986% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €26k ▲29.2%
Operating result €41k, net result €26k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €9k ▼33.1%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
14-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 45 days late
2019
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brugge · 2 establishment units since 2003
Ground area
1,806 m²
Building footprint
492 m²
Volume, LiDAR
2,782 m³
2 parcels, Flanders · tallest building 10.3 m, ±1 floor. Linked by address, not a title deed.
8
companies at this address
See who is registered here
2 establishment units
Torhoutse Steenweg 272, 8200 Brugge
since 20032.123.652.870
SIMMES
since 20262.390.271.228
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31027D0535/00Z003 | Flanders | 1,201 m² | 1 · 492 m² | 10.3 m · 1 fl. |
| 35013A4643/00A000 | Flanders | 605 m² | - | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
LUC ROTSAERT
BE 0878.367.860
Knokke-Heist · Eq €328k
LEZZA FOODS
BE 0756.472.118
Mechelen · Eq €333k
CAMARGUE
BE 0418.901.428
Lokeren · Eq €345k
Sweet Little Belgium
BE 0676.788.893
Haacht · Eq €350k
BAKKERIJ DONS - VERMEYLEN
BE 0450.859.760
Aarschot · Eq €376k
Of 453 companies in sector 46360 we hold annual accounts for 286. 197 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded17-01-2003
Fiscal year end31-12
Activities, NACEBEL 2025
46360Wholesale trade
55203Holiday cottages, homes and apartments
47242Retail sale of chocolate and confectionery
55204Guest rooms (bed and breakfast)
55209Other holiday and short-stay accommodation
68201Renting and operating of own or leased residential real estate, excluding social housing
Scores and ratios are computed by Checked and are not a credit decision.