SANT SIMON
ActiveThe computed 12-month bankruptcy probability of SANT SIMON is 1.7% (moderate). The 2025 annual accounts show equity of €27k and a net result of €-7k. Equity is shrinking by ~8.7% per year across the filed fiscal years. Its solvency ranks better than 90% of 13240 sector peers (fiscal year 2025). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-78
Solvency100=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.98 against 1.68 in 2024; short-term debt: 20.7% and cash: 2.9% of total assets), and 20.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
79.3%
Return on assets
-21%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
26 d late
2024
97 d early
2023
on the day
2022
on the day
2021
73 d late
2020
90 d late
2019
115 d late
← 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€27k▼ 20.9%
2024 · €34k
2018: €56k
2019: €48k
2020: €37k
2021: €22k
2022: €21k
2023: €31k
2024: €34k
2018 → 2025
Total assets
€34k▼ 17.2%
2024 · €41k
2018: €73k
2019: €58k
2020: €54k
2021: €49k
2022: €28k
2023: €60k
2024: €41k
2018 → 2025
Net result
€-7k
2024 · €3k
2018: €2k
2019: €-7k
2020: €-11k
2021: €-16k
2022: €-610
2023: €10k
2024: €3k
2018 → 2025
Working capital
€-143
2024 · €5k
2018: €36k
2019: €33k
2020: €29k
2021: €12k
2022: €15k
2023: €-2k
2024: €5k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€22k-€21k▼ 2.8%€31k▲ 47.7%€34k▲ 9.2%€27k▼ 20.9%
Operating result€-16k-€-177▲ 98.9%€12k€4k▼ 69.0%€-6k
Net result€-16k-€-610▲ 96.1%€10k€3k▼ 71.4%€-7k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €6k after €4k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €34k
Fixed assets
€27k▼ 7.7%
Current assets
€7k▼ 40.9%
Equity and liabilities €34k
Equity
€27k▼ 20.9%
Debt
€7k▲ 1.2%
The debt ratio rises from 16.9% to 20.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-3k▼
2024 · €7k
Cash flow
€-4k▼
2024 · €6k
Solvency
79.3%▼
2024 · 83.1%
Current ratio
0.98▼
2024 · 1.68
Quick ratio
0.98▼
2024 · 1.35
Debt / equity
0.26▲
2024 · 0.20
ROE
-26.4%▼
2024 · 8.5%
ROA
-21.0%▼
2024 · 7.0%
Interest coverage
-4.52▼
2024 · 12.40
Debt
€7k▲
2024 · €7k
Debt ≤ 1 year
€7k▲
2024 · €7k
Staff costs
€608▲
2024 · €439
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€41k€34k▼
Fixed assets21/28€29k€27k▼
Tangible fixed assets22/27€29k€27k▼
Land and buildings22€1k€1k▼
Plant, machinery and equipment23€28k€26k▼
Current assets29/58€12k€7k▼
Stocks and contracts in progress3€2k-
Stocks30/36€2k-
Amounts receivable within one year40/41€8k€4k▼
Trade receivables40-€4k
Other amounts receivable41€8k-
Cash at bank and in hand54/58€361€986▲
Deferred charges and accrued income490/1€1k€1k=
Equity and liabilities
Total equity and liabilities10/49€41k€34k▼
Equity10/15€34k€27k▼
Contributions10/11€19k€19k=
Reserves13€15k€13k▼
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133€13k€13k▼
Profit (loss) carried forward14-€-5k
Amounts payable17/49€7k€7k▲
Amounts payable within one year42/48€7k€7k▲
Trade debts44€5k€4k▼
Suppliers440/4€5k€4k▼
Taxes, remuneration and social security45€2k€1k▼
Taxes450/3€2k€1k▼
Remuneration and social security454/9€12-
Other amounts payable47/48-€2k
Income statement
Code20242025
Remuneration, social security and pensions62€439€608▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8€873€1k▲
Gross operating margin9900€9k€-927▼
Operating profit (loss)9901€4k€-6k▼
Financial charges65/66B€582€636▲
Recurring financial charges65€582€636▲
Profit (loss) for the period before taxes9903€3k€-7k▼
Income taxes67/77€287-
Profit (loss) for the period9904€3k€-7k▼
Profit (loss) for the period to be appropriated9905€3k€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€-7k▼
Transfer from equity791/2-€2k
Transfer to equity691/2€3k-
To other reserves6921€3k-
The notes to these accounts (5 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
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
25-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €10k
Net result €10k after 4 loss-making years.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 3.13
Current ratio from 1.42 to 3.13; short-term debt falls from €28k to €7k.
12-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 73 days late
2021
31-12
Financial
Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
23-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 115 days late
2019
20-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 51 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Olen · 1 establishment unit since 2011
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.
Lichtaartseweg 1162250 OlenGround area
1,434 m²
Building footprint
98 m²
Volume, LiDAR
539 m³
Parcel 13029C0071/00E021, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AMON
since 20112.200.387.491
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13029C0071/00E021 | Flanders | 1,434 m² | 1 · 98 m² | 8.2 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteOlen2.200.387.491
Similar companies · same sector, comparable size
De tafel van de Eekhoorn
BE 1005.786.862
Hasselt · Eq €27k
UNITED-IT
BE 0837.474.343
Charleroi · Eq €27k
NEWDAL
BE 0886.937.910
Antwerpen · Eq €27k
DE KEYSERSHOEVE
BE 0436.010.347
Brecht · Eq €27k
KIWI PRODUCTIONS
BE 0543.603.341
Antwerpen · Eq €27k
Of 20,494 companies in sector 56111 we hold annual accounts for 11,455. 9,292 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-06-2011
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56102Limited-service restaurants
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 14 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.