GEBROEDERS SIMONS
Open bankruptcyA bankruptcy procedure is open for GEBROEDERS SIMONS according to publications in the Belgian State Gazette; curator: DAVID ANNé. The 2024 annual accounts show equity of €416k and a net result of €-348k.
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-348k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-05-2025, 73 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
73 d early
2023
68 d early
2022
59 d early
2021
67 d early
2020
60 d early
2019
67 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€416k▼ 45.5%
2023 · €764k
2018: €866k
2019: €1.05M
2020: €883k
2021: €924k
2022: €927k
2023: €764k
2018 → 2024
Total assets
€916k▼ 24.2%
2023 · €1.21M
2018: €1.37M
2019: €1.46M
2020: €1.37M
2021: €1.27M
2022: €1.59M
2023: €1.21M
2018 → 2024
Net result
€-348k▼ 113%
2023 · €-164k
2018: €259k
2019: €187k
2020: €-170k
2021: €41k
2022: €3k
2023: €-164k
2018 → 2024
Working capital
€-5k
2023 · €310k
2018: €610k
2019: €793k
2020: €586k
2021: €568k
2022: €488k
2023: €310k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€883k-€924k▲ 4.7%€927k▲ 0.4%€764k▼ 17.6%€416k▼ 45.5%
Operating result€-160k-€53k€11k▼ 79.9%€-151k€-326k▼ 116%
Net result€-170k-€41k€3k▼ 91.8%€-164k€-348k▼ 113%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €326k in 2024 against €151k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €916k
Fixed assets
€423k▼ 7.5%
Current assets
€493k▼ 34.4%
Equity and liabilities €916k
Equity
€416k▼ 45.5%
Debt
€500k▲ 12.3%
The debt ratio rises from 36.8% to 54.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-278k▼
2023 · €-100k
Cash flow
€-300k▼
2023 · €-112k
Solvency
45.4%▼
2023 · 63.2%
Current ratio
0.99▼
2023 · 1.70
Quick ratio
0.96▼
2023 · 1.66
Debt / equity
1.20▲
2023 · 0.58
ROE
-83.6%▼
2023 · -21.4%
ROA
-38.0%▼
2023 · -13.5%
Interest coverage
-11.29▼
2023 · -7.29
Debt
€500k▲
2023 · €445k
Debt ≤ 1 year
€498k▲
2023 · €442k
Debt > 1 year
€1k=
2023 · €1k
Staff costs
€798k▼
2023 · €854k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.21M€916k▼
Fixed assets21/28€457k€423k▼
Tangible fixed assets22/27€365k€331k▼
Land and buildings22€200k€189k▼
Plant, machinery and equipment23€122k€104k▼
Furniture and vehicles24€42k€39k▼
Financial fixed assets28€92k€92k▼
Current assets29/58€752k€493k▼
Stocks and contracts in progress3€19k€18k▼
Stocks30/36€19k€18k▼
Amounts receivable within one year40/41€549k€303k▼
Trade receivables40€536k€167k▼
Other amounts receivable41€14k€136k▲
Cash at bank and in hand54/58€180k€168k▼
Deferred charges and accrued income490/1€4k€6k▲
Equity and liabilities
Total equity and liabilities10/49€1.21M€916k▼
Equity10/15€764k€416k▼
Contributions10/11€248k€248k=
Capital10€248k€248k=
Issued capital100€248k€248k=
Reserves13€516k€168k▼
Non-distributable reserves130/1€28k€28k=
Legal reserve130€25k€25k=
Reserves not available under the articles1311€3k€3k=
Distributable reserves133€488k€141k▼
Amounts payable17/49€445k€500k▲
Amounts payable after more than one year17€1k€1k=
Other amounts payable178/9€1k€1k=
Amounts payable within one year42/48€442k€498k▲
Current portion of amounts payable after more than one year42€6k-
Trade debts44€192k€104k▼
Suppliers440/4€192k€104k▼
Taxes, remuneration and social security45€20k€19k▼
Taxes450/3€545-
Remuneration and social security454/9€19k€19k▲
Other amounts payable47/48€225k€375k▲
Accrued charges and deferred income492/3€2k€1k▼
Income statement
Code20232024
Non-recurring operating income76A€12k-
Remuneration, social security and pensions62€854k€798k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51k€48k▼
Other operating charges640/8€59k€28k▼
Gross operating margin9900€814k€547k▼
Operating profit (loss)9901€-151k€-326k▼
Financial income75/76B€1k€3k▲
Recurring financial income75€1k€3k▲
Financial charges65/66B€14k€25k▲
Recurring financial charges65€14k€25k▲
Profit (loss) for the period before taxes9903€-164k€-348k▼
Profit (loss) for the period9904€-164k€-348k▼
Profit (loss) for the period to be appropriated9905€-164k€-348k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-164k€-348k▼
Transfer from equity791/2€164k€348k▲
Social balance
Average headcount (FTE)908713.012.0▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
09-09
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · GEBROEDERS SIMONS NV ANTWERPSEBAAN 220, 2040 ANTWERPEN 4 · event 02-09-2025
19-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-348k
Net result drops to €-348k, the lowest in the series.
24-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
02-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
25-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €41k
Net result €41k after one loss-making year.
01-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
25-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €1MEq €1.05M ▲21.5%
2 profitable years in a row build equity to €1.05M.
21-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
05-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
15-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
17-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Antwerpen · 1 establishment unit since 1963
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Antwerpsebaan 2202040 AntwerpenGround area
3,405 m²
Building footprint
391 m²
Volume, LiDAR
1,634 m³
Parcel 11819C0079/00G003, Flanders · tallest building 5.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
GEBROEDERS SIMONS NV
since 19632.003.424.934
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11819C0079/00G003 | Flanders | 3,405 m² | 1 · 391 m² | 5.8 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | DAVID ANNé FRANKRIJKLEI 5 BUS 0401,
2000 ANTWERPEN 1 |
02-09-2025 → present |
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 363 EUR awarded · 363 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 363 EUR | 363 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 2,327 companies in sector 42110 we hold annual accounts for 1,097. 794 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-01-1968
Fiscal year end31-12
Activities, NACEBEL
42110Construction of roads and motorways
45230
43110Demolition
45111
Sources
Crossroads Bank for EnterprisesNational Bank · 50 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.