BEKAERT SIMON
ActiveBEKAERT SIMON has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €164k and a net result of €44k. Equity is growing by ~12.8% per year across the filed fiscal years. Its solvency ranks better than 67% of 26908 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
98
/ 100
Excellent▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+34
Solvency99▼-1
Growth52=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 2.42 against 3.13 in 2024), and 37.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
62.9%
Return on assets
16.8%
Age of the figures
11 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-04-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
2 d early
2023
127 d late
2022
22 d late
2021
41 d late
2020
19 d late
2019
34 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
07-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€164k▼ 5.0%
2024 · €173k
2019: €81k
2020: €107k
2021: €124k
2022: €135k
2023: €175k
2024: €173k
2019 → 2025
Total assets
€261k▲ 0.4%
2024 · €260k
2019: €166k
2020: €193k
2021: €224k
2022: €196k
2023: €306k
2024: €260k
2019 → 2025
Net result
€44k▲ 92.0%
2024 · €23k
2019: €62k
2020: €62k
2021: €17k
2022: €11k
2023: €40k
2024: €23k
2019 → 2025
Working capital
€120k▼ 3.5%
2024 · €124k
2019: €61k
2020: €75k
2021: €102k
2022: €117k
2023: €144k
2024: €124k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€124k-€135k▲ 8.8%€175k▲ 29.5%€173k▼ 1.2%€164k▼ 5.0%
Operating result€39k-€18k▼ 53.3%€54k▲ 193%€36k▼ 33.5%€65k▲ 83.8%
Net result€17k-€11k▼ 37.4%€40k▲ 266%€23k▼ 42.6%€44k▲ 92.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 84% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €261k
Fixed assets
€57k▼ 26.1%
Current assets
€204k▲ 11.7%
Equity and liabilities €261k
Equity
€164k▼ 5.0%
Debt
€97k▲ 11.1%
The debt ratio rises from 33.5% to 37.1%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€94k▲
2024 · €60k
Cash flow
€72k▲
2024 · €48k
Solvency
62.9%▼
2024 · 66.5%
Current ratio
2.42▼
2024 · 3.13
Quick ratio
1.87▼
2024 · 2.15
Debt / equity
0.59▲
2024 · 0.50
ROE
26.7%▲
2024 · 13.2%
ROA
16.8%▲
2024 · 8.8%
Interest coverage
32.33▲
2024 · 20.40
Debt
€97k▲
2024 · €87k
Debt ≤ 1 year
€84k▲
2024 · €58k
Debt > 1 year
€13k▼
2024 · €29k
Income taxes
€20k▲
2024 · €10k
Staff costs
€20k▼
2024 · €22k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€260k€261k▲
Fixed assets21/28€78k€57k▼
Tangible fixed assets22/27€78k€57k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€75k€55k▼
Current assets29/58€182k€204k▲
Stocks and contracts in progress3€57k€47k▼
Stocks30/36€25k€17k▼
Contracts in progress37€32k€30k▼
Amounts receivable within one year40/41€47k€86k▲
Trade receivables40€17k€54k▲
Other amounts receivable41€30k€32k▲
Cash at bank and in hand54/58€71k€63k▼
Deferred charges and accrued income490/1€7k€9k▲
Equity and liabilities
Total equity and liabilities10/49€260k€261k▲
Equity10/15€173k€164k▼
Contributions10/11€12k€12k=
Reserves13€112k€103k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€5k€5k=
Distributable reserves133€105k€96k▼
Profit (loss) carried forward14€48k€49k▲
Amounts payable17/49€87k€97k▲
Amounts payable after more than one year17€29k€13k▼
Financial debts170/4€29k€13k▼
Amounts payable within one year42/48€58k€84k▲
Current portion of amounts payable after more than one year42€18k€17k▼
Trade debts44€12k€12k▼
Suppliers440/4€12k€12k▼
Taxes, remuneration and social security45€4k€3k▼
Remuneration and social security454/9€4k€3k▼
Other amounts payable47/48€25k€53k▲
Income statement
Code20242025
Remuneration, social security and pensions62€22k€20k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€28k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-8k-
Other operating charges640/8€10k€1k▼
Gross operating margin9900€85k€115k▲
Operating profit (loss)9901€36k€65k▲
Financial income75/76B€1€1k▲
Recurring financial income75€1€1k▲
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€33k€64k▲
Income taxes67/77€10k€20k▲
Profit (loss) for the period9904€23k€44k▲
Profit (loss) for the period to be appropriated9905€23k€44k▲
Appropriation of the result
Profit (loss) to be appropriated9906€71k€92k▲
Profit (loss) brought forward from the previous period14P€48k€48k▲
Transfer from equity791/2€25k€53k▲
Transfer to equity691/2€23k€44k▲
To other reserves6921€23k€44k▲
Profit to be distributed694/7€25k€53k▲
Return on contributions (dividend)694€25k€53k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
04-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 127 days late
2023
30-09
Financial
Equity above €150kEq €175k ▲29.5%
5 profitable years in a row build equity to €175k.
22-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
30-09
Financial
Weakest financial yearnet €11k ▼37.4%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
10-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 41 days late
2021
19-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
2020
30-09
Financial
Highest result since 2019net €62k ▲0.5%
Net result €62k, the highest in the series.
30-09
Financial
Equity above €100kEq €107k ▲31.1%
2 profitable years in a row build equity to €107k.
03-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 34 days late
2019
22-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
24-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
13-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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
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Of 6,983 companies in sector 43221 we hold annual accounts for 3,428. 2,948 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-06-2014
Fiscal year end30-09
Activities, NACEBEL
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 07-09-2026. Scores and ratios are computed by Checked and are not a credit decision.