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GERALD SIMONIS

Active
Private limited companyfounded 199927 yrs activeRue de la Station 17, 1410 Waterloo, BelgiumKBO/BCE: BE 0465.576.442
Summary

GERALD SIMONIS has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.6m and a net result of -€6,720. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability19▼-17
Solvency70▲+11
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120,000 at 30 days acceptable
Liquidity short (current ratio 0.19 against 0.9 in 2024; short-term debt: 35.1% and cash: 0.4% of total assets), and 54.6% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 27 years 0 30 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €2.6m
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-12-2025, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
32 d early
2024
22 d early
2023
34 d early
2022
35 d early
2021
32 d early
2020
32 d early
2019
36 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 32 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 30 December (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

GERALD SIMONIS was incorporated on 4 March 1999.1 Total assets rose from EUR 829,333 in 2019 to EUR 5.8 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€2.6m▲ 64.5%
2024 · €1.6m
Total assets
€5.8m▲ 21.3%
2024 · €4.8m
Net result
-€6,720
2024 · €50,619
Working capital
-€1.6m▼ 2,263%
2024 · -€69,728
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
Line20212022202320242025
Operating result€70,343▲ 89.3%€5,073▼ 92.8%€1.6m▲ 31,857%€37,001▼ 97.7%-€136,046
Net result€50,781▲ 125%-€13,571€1.3m€50,619▼ 96.1%-€6,720
Equity€450,789▼ 1.4%€382,217▼ 15.2%€1.6m▲ 322%€1.6m▼ 0.3%€2.6m▲ 64.5%
Total assets€832,309▲ 4.6%€1.4m▲ 65.1%€2.7m▲ 95.6%€4.8m▲ 78.9%€5.8m▲ 21.3%
Debt€381,520▲ 12.6%€991,576▲ 160%€757,380▼ 23.6%€2.9m▲ 281%€2.9m▼ 0.3%
Working capital-€249,569▼ 21.5%-€414,252▼ 66.0%€1.5m-€69,728-€1.6m▼ 2,263%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€500,000€0€500,000€1.0m€1.5mOperating result 2021: €70,343€70,343Net result 2021: €50,781€50,781Operating result 2022: €5,073€5,073Net result 2022: -€13,571-€13,571Operating result 2023: €1.6m€1.6mNet result 2023: €1.3m€1.3mOperating result 2024: €37,001€37,001Net result 2024: €50,619€50,619Operating result 2025: -€136,046-€136,046Net result 2025: -€6,720-€6,72020212022202320242025-€500,000€0€500,000€1m€1.5mOperating result 2023: €1.6m€1.6mNet result 2023: €1.3m€1.3mOperating result 2024: €37,001€37,000Net result 2024: €50,619€50,600Operating result 2025: -€136,046-€136,000Net result 2025: -€6,720-€6,720202320242025
The operating result turns negative in 2025: a loss of €136,046 after €37,001 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.8m
Fixed assets €5.4m ▲ 29.9%
Current assets €397,562 ▼ 36.2%
Equity and liabilities €5.8m
Equity €2.6m ▲ 64.5%
Provisions €305,851 ▼ 1.9%
Debt €2.9m ▼ 0.3%
Debt's share of the balance-sheet total falls from 60.0% to 49.3%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€86,872▼
2024 · €78,730
Cash flow
€42,454▼
2024 · €92,348
Current ratio
0.19▼
2024 · 0.90
Debt to equity
1.09▼
2024 · 1.79
ROE
-0.3%▼
2024 · 3.1%
ROA
-0.1%▼
2024 · 1.1%
Interest coverage
-1.01▼
2024 · 1.94
Debt ≤ 1 year
€2.0m▲
2024 · €692,646
Debt > 1 year
€832,127▼
2024 · €2.2m
Income taxes
€88▼
2024 · €173
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 8,616 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.4% went bankrupt
5.2% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 0.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.7%
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 75% 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 8,616 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 56 lines
Balance sheet Code20242025
Assets
Total assets20/58€4.8m€5.8m▲
Fixed assets21/28€4.2m€5.4m▲
Tangible fixed assets22/27€1.7m€2.9m▲
Land and buildings22€1.6m€2.9m▲
Furniture and vehicles24€64,013€63,212▼
Assets under construction and advance payments27€10,000-
Financial fixed assets28€2.5m€2.5m=
Current assets29/58€622,918€397,562▼
Amounts receivable within one year40/41€110,815€221,985▲
Trade receivables40€100-
Other amounts receivable41€110,715€221,985▲
Current investments50/53€450,000€151,800▼
Cash at bank and in hand54/58€61,527€23,202▼
Deferred charges and accrued income490/1€576€576=
Equity and liabilities
Total equity and liabilities10/49€4.8m€5.8m▲
Equity10/15€1.6m€2.6m▲
Contributions10/11€18,600€1.1m▲
Reserves13€1.2m€1.2m▼
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Tax-exempt reserves132€1.2m€1.2m▼
Profit (loss) carried forward14€342,769€359,689▲
Provisions and deferred taxes16€311,761€305,851▼
Deferred taxes168€311,761€305,851▼
Amounts payable17/49€2.9m€2.9m▼
Amounts payable after more than one year17€2.2m€832,127▼
Financial debts170/4€2.2m€832,127▼
Amounts payable within one year42/48€692,646€2.0m▲
Current portion of amounts payable after more than one year42€29,255€45,808▲
Financial debts43-€1.5m
Credit institutions430/8-€1.5m
Trade debts44€610,305€537,837▼
Suppliers440/4€610,305€537,837▼
Taxes, remuneration and social security45€36,357€6,278▼
Taxes450/3€36,357€4,834▼
Remuneration and social security454/9-€1,445
Other amounts payable47/48€16,729€92▼
Accrued charges and deferred income492/3€916-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€41,729€49,174▲
Other operating charges640/8€24,270€24,360▲
Gross operating margin9900€103,000-€62,512▼
Operating profit (loss)9901€37,001-€136,046▼
Financial income75/76B€51,070€209,258▲
Recurring financial income75€51,070€209,258▲
Financial charges65/66B€40,650€85,754▲
Recurring financial charges65€40,650€85,754▲
Profit (loss) for the period before taxes9903€47,421-€12,542▼
Transfer from deferred taxes780€3,371€5,910▲
Income taxes67/77€173€88▼
Profit (loss) for the period9904€50,619-€6,720▼
Transfer from tax-exempt reserves789€13,486€23,641▲
Profit (loss) for the period to be appropriated9905€64,105€16,920▼
Appropriation of the result
Profit (loss) to be appropriated9906€397,769€359,689▼
Profit (loss) brought forward from the previous period14P€333,664€342,769▲
Profit to be distributed694/7€55,000-
Return on contributions (dividend)694€55,000-

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38,972€84,825€18,937€41,729€49,174▲ 17.8%
Other operating charges640/8-€25,252€71,661€24,270€24,360▲ 0.4%
Gross operating margin9900€141,317€115,150€1.7m€103,000-€62,512▼ 161%
Operating profit (loss)9901€70,343€5,073€1.6m€37,001-€136,046▼ 468%
Financial income75/76B-€198€1,125€51,070€209,258▲ 310%
Recurring financial income75€0€198€1,125€51,070€209,258▲ 310%
Financial charges65/66B-€18,443€20,948€40,650€85,754▲ 111%
Recurring financial charges65€5,426€18,443€20,948€40,650€85,754▲ 111%
Profit (loss) for the period before taxes9903€64,917-€13,172€1.6m€47,421-€12,542▼ 126%
Transfer from deferred taxes780--€1,891€3,371€5,910▲ 75.3%
Transfer to deferred taxes680--€317,023---
Income taxes67/77€14,136€400-€72€173€88▼ 49.0%
Profit (loss) for the period9904€50,781-€13,571€1.3m€50,619-€6,720▼ 113%
Transfer from tax-exempt reserves789--€7,562€13,486€23,641▲ 75.3%
Transfer to tax-exempt reserves689--€1.3m---
Profit (loss) for the period to be appropriated9905€50,781-€13,571€25,907€64,105€16,920▼ 73.6%
Line20212022202320242025Change
Assets
Total assets20/58€832,309€1.4m€2.7m€4.8m€5.8m▲ 21.3%
Fixed assets21/28€780,001€1.3m€845,274€4.2m€5.4m▲ 29.9%
Tangible fixed assets22/27€779,401€1.3m€844,674€1.7m€2.9m▲ 73.9%
Land and buildings22-€1.2m€776,288€1.6m€2.9m▲ 78.0%
Furniture and vehicles24-€62,410€63,386€64,013€63,212▼ 1.3%
Assets under construction and advance payments27-€0€5,000€10,000--
Financial fixed assets28€600€600€600€2.5m€2.5m=
Current assets29/58€52,308€101,235€1.8m€622,918€397,562▼ 36.2%
Amounts receivable within one year40/41€3,438€21,909€30,024€110,815€221,985▲ 100%
Trade receivables40-€450-€100--
Other amounts receivable41-€21,459€30,024€110,715€221,985▲ 101%
Current investments50/53--€1.6m€450,000€151,800▼ 66.3%
Cash at bank and in hand54/58€47,717€78,796€211,319€61,527€23,202▼ 62.3%
Deferred charges and accrued income490/1-€531€549€576€576=
Equity and liabilities
Total equity and liabilities10/49€832,309€1.4m€2.7m€4.8m€5.8m▲ 21.3%
Equity10/15€450,789€382,217€1.6m€1.6m€2.6m▲ 64.5%
Contributions10/11€18,600€18,600€18,600€18,600€1.1m▲ 5,624%
Reserves13€1,860€1,860€1.3m€1.2m€1.2m▼ 1.9%
Non-distributable reserves130/1-€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311-€1,860€1,860€1,860€1,860=
Tax-exempt reserves132--€1.3m€1.2m€1.2m▼ 1.9%
Profit (loss) carried forward14€430,329€361,757€333,664€342,769€359,689▲ 4.9%
Provisions and deferred taxes16--€315,132€311,761€305,851▼ 1.9%
Deferred taxes168--€315,132€311,761€305,851▼ 1.9%
Amounts payable17/49€381,520€991,576€757,380€2.9m€2.9m▼ 0.3%
Amounts payable after more than one year17€79,643€476,088€452,148€2.2m€832,127▼ 62.0%
Financial debts170/4-€476,088€452,148€2.2m€832,127▼ 62.0%
Amounts payable within one year42/48€301,877€515,488€305,231€692,646€2.0m▲ 195%
Current portion of amounts payable after more than one year42-€23,805€23,940€29,255€45,808▲ 56.6%
Financial debts43----€1.5m-
Credit institutions430/8----€1.5m-
Trade debts44€31,325€33,596€56,356€610,305€537,837▼ 11.9%
Suppliers440/4-€33,596€56,356€610,305€537,837▼ 11.9%
Taxes, remuneration and social security45-€514€2,122€36,357€6,278▼ 82.7%
Taxes450/3-€514€2,122€36,357€4,834▼ 86.7%
Remuneration and social security454/9----€1,445-
Other amounts payable47/48-€457,573€222,813€16,729€92▼ 99.5%
Accrued charges and deferred income492/3---€916--
Line20212022202320242025Change
Profit (loss) for the period9904€50,781-€13,571€1.3m€50,619-€6,720▼ 113%
+ Depreciation and write-downs630€38,972€84,825€18,937€41,729€49,174▲ 17.8%
Operating cash flow (approximation)€89,753€71,253€1.3m€92,348€42,454▼ 54.0%
Investment in fixed assets (approximation)--€577,381€408,347-€3.4m-€1.3m▲ 61.5%
Change in cash-€31,079€132,523-€149,792-€38,326▲ 74.4%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2025
30-12
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial Equity above €2mEq €2.6m ▲64.5%
Equity rises from €1.6m to €2.6m.
09-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2023
28-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial Back to profitnet €1.3m
Net result €1.3m after one loss-making year.
30-06
Financial Liquidity times 31current ratio 6.03
Current ratio from 0.20 to 6.03; short-term debt falls from €515,488 to €305,231.
30-06
Financial Equity above €1mEq €1.6m ▲322%
Equity rises from €382,217 to €1.6m.
2022
27-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial Weakest financial yearnet -€13,571
Net result drops to -€13,571, the lowest in the series; recovery starts the following year.
2021
30-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2020
30-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2019
26-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2018
31-12
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
04-01
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2016
22-12
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 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
5 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, Waterloo · 1 establishment unit since 1999
seat establishment The establishment unit on the map
Ground area
350 m²
Building footprint
108 m²
Parcel 25110A0099/00_000, Wallonia. Linked by address, not a title deed.
7 companies at this address See who is registered here
1 establishment unit
Rue de la Station 17, 1410 Waterloo
NACE 51190
since 19992.093.044.224
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25110A0099/00_000 Wallonia 350 m² 1 · 108 m² -
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.

Identification & contact

Identification
Legal formPrivate limited company
Founded04-03-1999
Fiscal year end30-06
Abbreviation FR G. SIMONIS
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.