N.G. SIMON
ActiveN.G. SIMON has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €377k and a net result of €-104k. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 54% of 4501 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability3▼-19
Solvency68▲+11
Growth22▼-13
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity short (current ratio 0.97 against 1.04 in 2024; short-term debt: 57% and cash: 53.7% of total assets), and 57% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-104k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-03-2026, 135 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
135 d early
2024
74 d early
2023
107 d early
2022
72 d early
2021
122 d early
2020
114 d early
2019
129 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€1.15M▼ 62.4%
2024 · €3.05M
2018: €7.93M
2019: €5.82M
2020: €5.28M
2021: €4.38M
2022: €3.00M
2023: €3.27M
2024: €3.05M
2018 → 2025
EBIT margin
-9.1%▼ 7.8pp
2024 · -1.3%
2018: 0.7%
2019: -0.6%
2020: 0.7%
2021: 2.7%
2022: 1.2%
2023: 2.5%
2024: -1.3%
2018 → 2025
Net result
€-104k▼ 83.3%
2024 · €-57k
2018: €22k
2019: €-63k
2020: €5k
2021: €73k
2022: €3k
2023: €46k
2024: €-57k
2018 → 2025
Working capital
€-17k
2024 · €38k
2018: €-136k
2019: €-233k
2020: €-294k
2021: €-131k
2022: €-49k
2023: €89k
2024: €38k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€4.38M-€3.00M▼ 31.5%€3.27M▲ 9.1%€3.05M▼ 6.7%€1.15M▼ 62.4%
Equity€488k-€492k▲ 0.7%€537k▲ 9.3%€481k▼ 10.6%€377k▼ 21.7%
Operating result€118k-€37k▼ 68.7%€81k▲ 120%€-40k€-105k▼ 164%
Net result€73k-€3k▼ 95.2%€46k▲ 1,217%€-57k€-104k▼ 83.3%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €105k in 2025 against €40k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €876k
Fixed assets
€393k▼ 11.1%
Current assets
€482k▼ 53.7%
Equity and liabilities €876k
Equity
€377k▼ 21.7%
Debt
€499k▼ 50.3%
The debt ratio falls from 67.6% to 57.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-56k▼
2024 · €18k
Cash flow
€-55k▼
2024 · €1k
Solvency
43.0%▲
2024 · 32.4%
Current ratio
0.97▼
2024 · 1.04
Quick ratio
0.97▲
2024 · 0.45
Debt / equity
1.33▼
2024 · 2.09
ROE
-27.6%▼
2024 · -11.8%
ROA
-11.9%▼
2024 · -3.8%
Interest coverage
-3.28▼
2024 · 0.85
Debt
€499k▼
2024 · €1.00M
Debt ≤ 1 year
€499k▼
2024 · €1.00M
Staff costs
€32k▼
2024 · €226k
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€1.49M€876k▼
Fixed assets21/28€443k€393k▼
Tangible fixed assets22/27€438k€389k▼
Land and buildings22€399k€353k▼
Plant, machinery and equipment23€22k€20k▼
Furniture and vehicles24€17k€16k▼
Financial fixed assets28€4k€4k▼
Current assets29/58€1.04M€482k▼
Stocks and contracts in progress3€593k€0▼
Stocks30/36€593k€0▼
Amounts receivable within one year40/41€117k€12k▼
Trade receivables40€108k€3k▼
Other amounts receivable41€9k€9k=
Cash at bank and in hand54/58€332k€471k▲
Equity and liabilities
Total equity and liabilities10/49€1.49M€876k▼
Equity10/15€481k€377k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€44k€44k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€38k€38k=
Profit (loss) carried forward14€374k€270k▼
Amounts payable17/49€1.00M€499k▼
Amounts payable within one year42/48€1.00M€499k▼
Trade debts44€292k€8k▼
Suppliers440/4€292k€8k▼
Taxes, remuneration and social security45€32k€8k▼
Taxes450/3€11k€8k▼
Remuneration and social security454/9€21k€657▼
Other amounts payable47/48€681k€483k▼
Income statement
Code20242025
Turnover70€3.05M€1.15M▼
Goods, raw materials, services and sundry goods60/61€2.79M€1.00M▼
Remuneration, social security and pensions62€226k€32k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€58k€49k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€152k
Other operating charges640/8€18k€16k▼
Non-recurring operating charges66A-€100
Gross operating margin9900€263k€144k▼
Operating profit (loss)9901€-40k€-105k▼
Financial income75/76B€4k€18k▲
Recurring financial income75€29€8▼
Non-recurring financial income76B€4k€18k▲
Financial charges65/66B€21k€17k▼
Recurring financial charges65€21k€17k▼
Profit (loss) for the period before taxes9903€-57k€-104k▼
Income taxes67/77€2-
Profit (loss) for the period9904€-57k€-104k▼
Profit (loss) for the period to be appropriated9905€-57k€-104k▼
Appropriation of the result
Profit (loss) to be appropriated9906€374k€270k▼
Profit (loss) brought forward from the previous period14P€431k€374k▼
Social balance
Average headcount (FTE)90874.40.7▼
The notes to these accounts (11 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
18-03
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-104k
Net result drops to €-104k, the lowest in the series.
18-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
15-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €500kEq €537k ▲9.3%
4 profitable years in a row build equity to €537k.
20-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €73k ▲1476%
Operating result €118k, net result €73k, both a record.
08-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
24-03
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
29-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
04-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
23-03
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.
Directors · office · real estate
Directors
8 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, Verviers · 1 establishment unit since 2025
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.
Rue Béribou 12A4800 VerviersGround area
1.1 ha
Building footprint
4,969 m²
Volume, LiDAR
31,344 m³
2 parcels, Wallonia · tallest building 23.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue Béribou 12 A, 4800 Verviers
since 20252.373.768.657
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63043B0263/00Z000 | Wallonia | 9,032 m² | 1 · 3,984 m² | 23.2 m · 2 fl. |
| 63079A1468/00A008 | Wallonia | 1,794 m² | 1 · 985 m² | 5.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
SENSES INVEST
BE 0518.933.271
Mortsel · Eq €376k
TRUST
BE 0438.705.759
Beveren-Kruibeke-Zwijndrecht · Eq €378k
IMMO PROOST
BE 0447.593.434
Turnhout · Eq €378k
WORKING GROUP
BE 0434.976.902
Hooglede · Eq €378k
GOUPIMO
BE 1006.334.220
Thimister-Clermont · Eq €375k
Of 12,014 companies in sector 68203 we hold annual accounts for 5,981. 4,419 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded19-05-1993
Fiscal year end31-12
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
50103
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.