GERALD SIMONIS
ActiveSummary
GERALD SIMONIS has been active since 1999 and the Belgian Official 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 0.1% (very low).
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result turns negative in 2025: a loss of €136,046 after €37,001 in 2024, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
- 2025 Equity +65% on 2024. Capital increase of €1,046,000 (Official Gazette 24-06-2025).
Peer companies
Historical observationOf the 8,617 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94.2% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 8,617 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.05m | €0.05m | €0.04m | €0.08m | €0.02m | €0.04m | €0.05m | ▲ 17.8% |
| Other operating charges640/8 | - | - | - | €0.03m | €0.07m | €0.02m | €0.02m | ▲ 0.4% |
| Gross operating margin9900 | €0.09m | €0.1m | €0.1m | €0.1m | €1.7m | €0.1m | -€0.06m | - |
| Operating profit (loss)9901 | €0.02m | €0.04m | €0.07m | €0.005m | €1.6m | €0.04m | -€0.1m | - |
| Financial income75/76B | - | - | - | €198 | €0.001m | €0.05m | €0.2m | ▲ 310% |
| Recurring financial income75 | €94 | €0 | €0 | €198 | €0.001m | €0.05m | €0.2m | ▲ 310% |
| Financial charges65/66B | - | - | - | €0.02m | €0.02m | €0.04m | €0.09m | ▲ 111% |
| Recurring financial charges65 | €0.009m | €0.006m | €0.005m | €0.02m | €0.02m | €0.04m | €0.09m | ▲ 111% |
| Profit (loss) for the period before taxes9903 | €0.01m | €0.03m | €0.06m | -€0.01m | €1.6m | €0.05m | -€0.01m | - |
| Transfer from deferred taxes780 | - | - | - | - | €0.002m | €0.003m | €0.006m | ▲ 75.3% |
| Transfer to deferred taxes680 | - | - | - | - | €0.3m | - | - | - |
| Income taxes67/77 | €0.001m | €0.008m | €0.01m | €400 | -€72 | €173 | €88 | ▼ 49.0% |
| Profit (loss) for the period9904 | €0.01m | €0.02m | €0.05m | -€0.01m | €1.3m | €0.05m | -€0.007m | - |
| Transfer from tax-exempt reserves789 | - | - | - | - | €0.008m | €0.01m | €0.02m | ▲ 75.3% |
| Transfer to tax-exempt reserves689 | - | - | - | - | €1.3m | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €0.01m | €0.02m | €0.05m | -€0.01m | €0.03m | €0.06m | €0.02m | ▼ 73.6% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €0.8m | €0.8m | €0.8m | €1.4m | €2.7m | €4.8m | €5.8m | ▲ 21.3% |
| Fixed assets21/28 | €0.8m | €0.8m | €0.8m | €1.3m | €0.8m | €4.2m | €5.4m | ▲ 29.9% |
| Tangible fixed assets22/27 | €0.8m | €0.8m | €0.8m | €1.3m | €0.8m | €1.7m | €2.9m | ▲ 73.9% |
| Land and buildings22 | - | - | - | €1.2m | €0.8m | €1.6m | €2.9m | ▲ 78.0% |
| Furniture and vehicles24 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | ▼ 1.3% |
| Assets under construction and advance payments27 | - | - | - | €0 | €0.005m | €0.01m | - | - |
| Financial fixed assets28 | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €2.5m | €2.5m | = |
| Current assets29/58 | €0.02m | €0.03m | €0.05m | €0.1m | €1.8m | €0.6m | €0.4m | ▼ 36.2% |
| Amounts receivable within one year40/41 | €0.003m | €0.001m | €0.003m | €0.02m | €0.03m | €0.1m | €0.2m | ▲ 100% |
| Trade receivables40 | - | - | - | €450 | - | €100 | - | - |
| Other amounts receivable41 | - | - | - | €0.02m | €0.03m | €0.1m | €0.2m | ▲ 101% |
| Current investments50/53 | - | - | - | - | €1.6m | €0.5m | €0.2m | ▼ 66.3% |
| Cash at bank and in hand54/58 | €0.01m | €0.03m | €0.05m | €0.08m | €0.2m | €0.06m | €0.02m | ▼ 62.3% |
| Deferred charges and accrued income490/1 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €0.8m | €0.8m | €0.8m | €1.4m | €2.7m | €4.8m | €5.8m | ▲ 21.3% |
| Equity10/15 | €0.5m | €0.5m | €0.5m | €0.4m | €1.6m | €1.6m | €2.6m | ▲ 64.5% |
| Contributions10/11 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €1.1m | ▲ 57× |
| Reserves13 | €0.002m | €0.002m | €0.002m | €0.002m | €1.3m | €1.2m | €1.2m | ▼ 1.9% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Tax-exempt reserves132 | - | - | - | - | €1.3m | €1.2m | €1.2m | ▼ 1.9% |
| Profit (loss) carried forward14 | €0.4m | €0.4m | €0.4m | €0.4m | €0.3m | €0.3m | €0.4m | ▲ 4.9% |
| Provisions and deferred taxes16 | - | - | - | - | €0.3m | €0.3m | €0.3m | ▼ 1.9% |
| Deferred taxes168 | - | - | - | - | €0.3m | €0.3m | €0.3m | ▼ 1.9% |
| Amounts payable17/49 | €0.4m | €0.3m | €0.4m | €1.0m | €0.8m | €2.9m | €2.9m | ▼ 0.3% |
| Amounts payable after more than one year17 | €0.1m | €0.1m | €0.08m | €0.5m | €0.5m | €2.2m | €0.8m | ▼ 62.0% |
| Financial debts170/4 | - | - | - | €0.5m | €0.5m | €2.2m | €0.8m | ▼ 62.0% |
| Amounts payable within one year42/48 | €0.2m | €0.2m | €0.3m | €0.5m | €0.3m | €0.7m | €2.0m | ▲ 195% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.02m | €0.02m | €0.03m | €0.05m | ▲ 56.6% |
| Financial debts43 | - | - | - | - | - | - | €1.5m | - |
| Credit institutions430/8 | - | - | - | - | - | - | €1.5m | - |
| Trade debts44 | €0.03m | €0.03m | €0.03m | €0.03m | €0.06m | €0.6m | €0.5m | ▼ 11.9% |
| Suppliers440/4 | - | - | - | €0.03m | €0.06m | €0.6m | €0.5m | ▼ 11.9% |
| Taxes, remuneration and social security45 | - | - | - | €0.001m | €0.002m | €0.04m | €0.006m | ▼ 82.7% |
| Taxes450/3 | - | - | - | €0.001m | €0.002m | €0.04m | €0.005m | ▼ 86.7% |
| Remuneration and social security454/9 | - | - | - | - | - | - | €0.001m | - |
| Other amounts payable47/48 | - | - | - | €0.5m | €0.2m | €0.02m | €92 | ▼ 99.5% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €0.001m | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.01m | €0.02m | €0.05m | -€0.01m | €1.3m | €0.05m | -€0.007m | - |
| + Depreciation and write-downs630 | €0.05m | €0.05m | €0.04m | €0.08m | €0.02m | €0.04m | €0.05m | ▲ 17.8% |
| Operating cash flow (approximation) | €0.06m | €0.07m | €0.09m | €0.07m | €1.3m | €0.09m | €0.04m | ▼ 54.0% |
| Investment in fixed assets (approximation) | - | -€0.005m | -€0.05m | -€0.6m | €0.4m | -€3.4m | -€1.3m | ▲ 61.5% |
| Change in cash | - | €0.01m | €0.02m | €0.03m | €0.1m | -€0.1m | -€0.04m | ▲ 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.
Latest 10 of 25 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | micro format | 30-12-2025 | 2026-00000288 |
| 30-06-2024 | micro format | 09-01-2025 | 2025-00002952 |
| 30-06-2023 | micro format | 28-12-2023 | 2024-00542099 |
| 30-06-2022 | micro format | 27-12-2022 | 2022-20548346 |
| 30-06-2021 | micro format | 30-12-2021 | 2021-82100347 |
| 30-06-2020 | micro format | 30-12-2020 | 2020-77400565 |
| 30-06-2019 | micro format | 26-12-2019 | 2019-77700500 |
| 30-06-2018 | micro format | 31-12-2018 | 2018-76100369 |
| 30-06-2017 | full format | 04-01-2018 | 2018-00200421 |
| 30-06-2016 | full format | 22-12-2016 | 2016-71000451 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.