A-SIMO
ActiveSummary
A-SIMO has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €120,686 and a net result of -€83,922. Equity is growing by ~23.7% per year across the filed fiscal years. Its solvency ranks better than 71% of 26041 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-40
Solvency82▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 2.42 against 2.74 in 2023; short-term debt: 41.3% and cash: 39.2% of total assets), and 42.8% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
57.2%
Return on assets
-39.8%
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
152 d late
2022
79 d late
2021
31 d late
2020
2 d early
2019
59 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 63 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€120,686▼ 41.0%
2023 · €204,608
Total assets
€211,115▼ 39.3%
2023 · €347,868
Net result
-€83,922
2023 · €2,622
Working capital
€123,332▼ 43.9%
2023 · €219,948
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€67,239▲ 121%€107,996▲ 60.6%€87,231▼ 19.2%€9,054▼ 89.6%-€75,618
Net result€55,968▲ 182%€78,196▲ 39.7%€61,309▼ 21.6%€2,622▼ 95.7%-€83,922
Equity€64,082▲ 88.4%€142,277▲ 122%€201,986▲ 42.0%€204,608▲ 1.3%€120,686▼ 41.0%
Total assets€156,249▲ 60.1%€244,250▲ 56.3%€349,360▲ 43.0%€347,868▼ 0.4%€211,115▼ 39.3%
Debt€92,167▲ 44.9%€101,973▲ 10.6%€147,374▲ 44.5%€143,260▼ 2.8%€90,429▼ 36.9%
Working capital€68,060▲ 142%€146,921▲ 116%€201,418▲ 37.1%€219,948▲ 9.2%€123,332▼ 43.9%
Staff (FTE)0.71.5▲ 114%1.9▲ 26.7%2▲ 5.3%2.3▲ 15.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €75,618 after €9,054 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €211,115
Fixed assets
€672 ▼ 47.5%
Current assets
€210,443 ▼ 39.3%
Equity and liabilities €211,115
Equity
€120,686 ▼ 41.0%
Debt
€90,429 ▼ 36.9%
Debt's share of the balance-sheet total rises from 41.2% to 42.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€75,010▼
2023 · €9,834
Cash flow
-€83,315▼
2023 · €3,402
Current ratio
2.42▼
2023 · 2.74
Quick ratio
1.10▼
2023 · 1.92
Debt to equity
0.75▲
2023 · 0.70
ROE
-69.5%▼
2023 · 1.3%
ROA
-39.8%▼
2023 · 0.8%
Interest coverage
-9.21▼
2023 · 2.40
Debt ≤ 1 year
€87,112▼
2023 · €126,641
Income taxes
€159▼
2023 · €2,339
Staff costs
€61,936▲
2023 · €50,386
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,595 companies that looked in July 2024 the way this one looks now, 2.8% went bankrupt within 24 months and 87% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
2.8%
went bankrupt
9.3%
stopped otherwise
87%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,595 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €820 | - | - |
| Remuneration, social security and pensions62 | - | €38,783 | €46,498 | €50,386 | €61,936 | ▲ 22.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,963 | €1,826 | €841 | €780 | €608 | ▼ 22.0% |
| Other operating charges640/8 | - | €2,905 | €2,392 | €2,807 | €1,255 | ▼ 55.3% |
| Gross operating margin9900 | €93,029 | €151,511 | €136,963 | €63,027 | -€11,819 | ▼ 119% |
| Operating profit (loss)9901 | €67,239 | €107,996 | €87,231 | €9,054 | -€75,618 | ▼ 935% |
| Financial income75/76B | - | €456 | €0 | €5 | - | - |
| Recurring financial income75 | €147 | €456 | €0 | €5 | - | - |
| Financial charges65/66B | - | €1,354 | €1,169 | €4,098 | €8,146 | ▲ 98.8% |
| Recurring financial charges65 | €1,236 | €1,354 | €1,169 | €4,098 | €8,146 | ▲ 98.8% |
| Profit (loss) for the period before taxes9903 | €66,150 | €107,099 | €86,061 | €4,961 | -€83,764 | ▼ 1,788% |
| Income taxes67/77 | €10,182 | €28,903 | €24,753 | €2,339 | €159 | ▼ 93.2% |
| Profit (loss) for the period9904 | €55,968 | €78,196 | €61,309 | €2,622 | -€83,922 | ▼ 3,300% |
| Profit (loss) for the period to be appropriated9905 | €55,968 | €78,196 | €61,309 | €2,622 | -€83,922 | ▼ 3,300% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €156,249 | €244,250 | €349,360 | €347,868 | €211,115 | ▼ 39.3% |
| Fixed assets21/28 | €1,988 | €1,400 | €2,059 | €1,279 | €672 | ▼ 47.5% |
| Intangible fixed assets21 | €467 | €267 | €67 | - | - | - |
| Tangible fixed assets22/27 | €1,521 | €1,134 | €1,992 | €1,279 | €672 | ▼ 47.5% |
| Plant, machinery and equipment23 | - | - | €1,272 | €972 | €672 | ▼ 30.9% |
| Furniture and vehicles24 | - | €1,134 | €721 | €308 | - | - |
| Current assets29/58 | €154,261 | €242,850 | €347,301 | €346,589 | €210,443 | ▼ 39.3% |
| Stocks and contracts in progress3 | €96,571 | €136,450 | €160,878 | €103,440 | €114,893 | ▲ 11.1% |
| Stocks30/36 | - | €136,450 | €160,878 | €103,440 | €114,893 | ▲ 11.1% |
| Amounts receivable within one year40/41 | €23,321 | €6,169 | €27,290 | €41,018 | €1,066 | ▼ 97.4% |
| Trade receivables40 | - | €1,924 | €17,826 | €38,508 | €126 | ▼ 99.7% |
| Other amounts receivable41 | - | €4,245 | €9,464 | €2,510 | €940 | ▼ 62.6% |
| Cash at bank and in hand54/58 | €27,570 | €88,202 | €143,464 | €174,953 | €82,739 | ▼ 52.7% |
| Deferred charges and accrued income490/1 | - | €12,029 | €15,670 | €27,177 | €11,745 | ▼ 56.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €156,249 | €244,250 | €349,360 | €347,868 | €211,115 | ▼ 39.3% |
| Equity10/15 | €64,082 | €142,277 | €201,986 | €204,608 | €120,686 | ▼ 41.0% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €45,482 | €123,677 | €183,386 | €183,386 | €102,086 | ▼ 44.3% |
| Distributable reserves133 | - | €123,677 | €183,386 | €183,386 | €102,086 | ▼ 44.3% |
| Profit (loss) carried forward14 | - | - | - | €2,622 | - | - |
| Amounts payable17/49 | €92,167 | €101,973 | €147,374 | €143,260 | €90,429 | ▼ 36.9% |
| Amounts payable within one year42/48 | €86,201 | €95,929 | €145,883 | €126,641 | €87,112 | ▼ 31.2% |
| Trade debts44 | €16,746 | €26,057 | €65,311 | €70,576 | €56,107 | ▼ 20.5% |
| Suppliers440/4 | - | €26,057 | €65,311 | €70,576 | €56,107 | ▼ 20.5% |
| Taxes, remuneration and social security45 | - | €39,036 | €55,434 | €36,889 | €17,912 | ▼ 51.4% |
| Taxes450/3 | - | €33,460 | €46,023 | €24,295 | €4,837 | ▼ 80.1% |
| Remuneration and social security454/9 | - | €5,576 | €9,411 | €12,594 | €13,075 | ▲ 3.8% |
| Other amounts payable47/48 | - | €30,835 | €25,138 | €19,176 | €13,093 | ▼ 31.7% |
| Accrued charges and deferred income492/3 | - | €6,044 | €1,491 | €16,619 | €3,317 | ▼ 80.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €55,968 | €78,196 | €61,309 | €2,622 | -€83,922 | ▼ 3,300% |
| + Depreciation and write-downs630 | €3,963 | €1,826 | €841 | €780 | €608 | ▼ 22.0% |
| Operating cash flow (approximation) | €59,931 | €80,022 | €62,150 | €3,402 | -€83,315 | ▼ 2,549% |
| Investment in fixed assets (approximation) | - | -€1,239 | -€1,500 | €0 | €0 | - |
| Change in cash | - | €60,632 | €55,262 | €31,489 | -€92,214 | ▼ 393% |
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
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial
Weakest financial yearnet -€83,922
Net result drops to -€83,922, the lowest in the series.
30-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 152 days late
2023
18-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 79 days late
2022
31-12
Financial
Equity above €200,000Eq €201,986 ▲42%
4 profitable years in a row build equity to €201,986.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Highest result since 2019net €78,196 ▲39.7%
Operating result €107,996, net result €78,196, both a record.
31-12
Financial
Equity above €100,000Eq €142,277 ▲122%
3 profitable years in a row build equity to €142,277.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Oostende · 1 establishment unit since 2018
Ground area
356 m²
Building footprint
325 m²
Volume, LiDAR
5,297 m³
Parcel 35384A0456/00B000, Flanders · tallest building 18.2 m, ±6 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
A-SIMO
since 20182.275.767.577
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35384A0456/00B000 | Flanders | 356 m² | 1 · 325 m² | 18.2 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteOostende2.275.767.577
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Of 2,342 companies in sector 47621 we hold annual accounts for 1,244. 1,086 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
Founded04-05-2018
Fiscal year end31-12
Activities, NACEBEL 2025
47621Retail sale of newspapers and periodicals
92000Gambling and betting activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0695699242
Also
9925:BE0695699242
Registered
26-12-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.