Skip to content

N.G. SIMON

Active
Public limited companyfounded 1993active for 33 yearsRue Béribou 12A, 4800 Verviers, BelgiumKBO/BCE: BE 0450.237.178
Summary

N.G. SIMON has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €376,588 and a net result of -€104,091. Equity has been stable since 2018 (±0.9% per year). Its solvency ranks better than 54% of 5,795 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

Source: KBO
Status
Active since 19-05-1993 Normal situation
Activity
Renting and operating of own or leased non-residential real estate, excluding land NACE 68203and 1 other
Establishment unit
2.373.768.657 4800 Verviers, since 01-03-2025
Financial year end
31 December
Peppol
Reachable since 25-02-2026

Board and ownership

Board

Financial position

82 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Turnover
€1.1m
▼ 62.4%
Loss
€104,091
▲ 83.3%
Equity
€376,588
▼ 21.7%
Total assets
€875,842
▼ 41.0%
Employees on 31-12-2025
1
▼ 75.0%
Score breakdownraises riskLoss of €104,091, the second in a row (financial year 2025)1 change of registered office in 24 monthslowers riskLiquidity: current ratio 0.97, cash €470,734Sector: Real estate activities (NACE 68)Show the evidence

Checked score

Score 2025
82 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 41% of micro companies in real estate (NACE 68)
Financial strength · tick: 2024
Average
Solvency 68+11
equity 43.0% of total assets
Liquidity 71+29
short-term debt 57.0% · cash 53.7%
Profitability 3-19
return on assets -11.9%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,630 companies, NACE 68, micro)
Last 24 months 12-2024: 0.6% 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.4%▼ -0.2 percentage points vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.7%▲ +0.3 percentage points vs 04-2025highest value 06-2025: 0.3%▼ -0.4 percentage points vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025lowest value 09-2025: 0.3%● unchanged vs 08-2025lowest value 10-2025: 0.3%● unchanged vs 09-2025lowest value 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.5%▲ +0.2 percentage points vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.5%● unchanged vs 07-2026 09-2026: 0.4%▼ -0.1 percentage points vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026 11-2026: 0.4%● unchanged vs 10-2026
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.97 (1.04 in 2024), below 1. Short-term debt is 57% and cash 53.7% of total assets. 57% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 59% of them on solvency, 80% on liquidity, 9% on profitability and 13% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Loss of €104,091, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 0.97, cash €470,734
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
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 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€104,091
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 filings
Deviation from the deadline
2025
135 days early
2024
74 days early
2023
107 days early
2022
72 days early
2021
122 days early
2020
114 days early
2019
129 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 108 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 16 April (4 of the last 5 accounts filed within 32 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Fewer staff in 2025from 4.4 FTE to 0.7 FTE ▼ 84.1% View
  • Caution: Lower net result than 83% of companies in real estatesector median €20,550 · 5,802 companies -€104,091 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€104,091 View

Recent changes

  1. · Gazette deed Registered office moved from Pepinster to VerviersNew seat: 4800 Verviers, Rue Beribou, 12 A 103 · Previous seat: Rue Vovegnez, 33 à 4860 Pepinster
  2. · Gazette deed Capital increase of €30,986.69 to €62,000Reappointments: COUNE Françoise, SIMON Maxime and LEVAUX Philippe
  3. · Gazette deed 1 director appointed, 1 director resigning, 2 reappointedResignation: SUYS Jeanne (director) · Reappointments: Maxime SIMON (director) and COUNE Françoise (director) · Appointment: Philippe LEVAUX (director)
All 18 events

Comparable companies

These companies have the same main activity as N.G. SIMON: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €406,000 and €1.2m, founded between 1986 and 2000.

CompanyTotal assetsGross margin
N.G. SIMON Verviers€0.9m€0.1m
ALFA CONSULT Gingelom€1.2m€0.2m
TIMMO Wemmel€0.9m€0.2m
BERREVOETS INVEST Beringen€0.9m€0.1m
COMPAGNIE IMMOBILIERE DU SUD Welkenraedt€0.4m€0.2m
PHARMGETH Mesen€1.2m€0.1m
HUDICO Grimbergen€1.0m€0.1m
Full comparison

Key facts about N.G. SIMON

What is the company number of N.G. SIMON?
The company number of N.G. SIMON is 0450.237.178. The VAT number is the same number with BE in front: BE 0450.237.178.
Where is N.G. SIMON based?
The registered office is at Rue Béribou 12A, 4800 Verviers.Company details
What does N.G. SIMON do?
According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
What is the legal form of N.G. SIMON?
The legal form of N.G. SIMON is Public limited company (NV).
When was N.G. SIMON founded?
N.G. SIMON was founded on 19-05-1993.
Is N.G. SIMON still active?
Yes, N.G. SIMON is an active enterprise in the KBO register.
How many employees does N.G. SIMON have?
N.G. SIMON had an average of 0.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of N.G. SIMON?
The turnover of N.G. SIMON was €1.1m in financial year 2025, according to the filed annual accounts.
Is N.G. SIMON profitable?
In financial year 2025, N.G. SIMON made a loss of €104,091.
Where can I find the annual accounts of N.G. SIMON?
N.G. SIMON filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of N.G. SIMON due?
N.G. SIMON must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.