Active BE 0424.844.063Private limited company

Simakon

Grote Nieuwedijkstraat 339 ·2800 Mechelen, Belgium· 42 yrs active

Sector: Other specialised construction activities (43990)

Conclusion Checked

Simakon has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €98k and a net result of €3k. Its solvency ranks better than 95% of 11123 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€98k
Net result	€3k
Better than sector	95%
Active	42 yrs

Financial profile 5 of 5 axes measured · computed by Checked

70 / 100

Strong profile, led by solvency.

All 5 axes are computed from data Checked has read.

Health 86

Profitability 13

Solvency 100

Growth 52

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.6% Low

0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Long-established

Founded in 1983, 42 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Checked score FY 2024 · computed

86 / 100 Excellent

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Indicative credit limit

€8k

estimate, not credit advice

Score history

86 2023

86 2024

purely financial, excl. current insolvency signals

Score components

Liquidity Current ratio 18.79 (≥ 1.5) +10

Quick ratio Quick ratio 18.60 (≥ 1.0) +5

Leverage Debt/equity 0.05 (< 1.0) +10

Profitability ROE 3% +3

Interest coverage Interest coverage 49.6× (≥ 3×) +8

Profit trend Net profit down YoY -3

Equity growth Equity growing YoY +3

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview41 NBB filings

Annual accounts filed on 23-05-2025 with the NBB · fiscal year 2024 · micro schema

Operating resultNet result

Sector comparison

Fiscal year 2024 · NACE 43, Specialised construction activities · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	95.2%	40.8%	better than 95% of 11123 sector peers
Net result	€3k	€11k	better than 30% of 11107 sector peers
Equity	€98k	€34k	better than 82% of 11128 sector peers
Gross operating margin	€8k	€35k	better than 19% of 11096 sector peers
Total assets	€103k	€94k	better than 54% of 11123 sector peers

EBITDA

€7k

-32.9% 23-24

Net profit

€3k

-57.8% 23-24

Cash flow

€5k

-26.5% 23-24

Total assets

€103k

+0.8% 23-24

Equity

€98k

+2.7% 23-24

Working capital

€88k

+6.5% 23-24

Income taxes

€1k

-52.2% 23-24

Debt

€5k

-25.9% 23-24

Debt ≤ 1y

€5k

-25.9% 23-24

Current ratio

18.79

+40.5% 23-24

Quick ratio

18.60

+39.6% 23-24

Solvency

95.2%

+1.9% 23-24

Debt / equity

0.05

-27.9% 23-24

ROE

2.6%

-58.9% 23-24

ROA

2.5%

-58.1% 23-24

Interest coverage

49.59

-52.2% 23-24

Figures by fiscal year and ratios

Change versus the prior fiscal year, coloured by direction (green = favourable).

Fiscal year	2024 Δ	2023 Δ
Deposit	micro schema	micro schema
Revenue	-	-
EBITDA	-32.9%	-
Net profit	-57.8%	-
Cash flow	-26.5%	-
Staff costs	-	-
Income taxes	-52.2%	-
Dividends	-	-
Total assets	+0.8%	-
Equity	+2.7%	-
Debt	-25.9%	-
of which ≤ 1y	-25.9%	-
of which > 1y	-	-
Working capital	+6.5%	-
Employees (FTE)	-	-

Ratios (computed)

	2024	2023
Current ratio	18.79	13.37
Quick ratio	18.60	13.32
Working capital ratio	85.6%	81.0%
Solvency	95.2%	93.5%
Debt / equity	0.05	0.07
Long-term debt ratio	-	-
Interest coverage	49.59	103.81
Gross margin	-	-
Net margin	-	-
ROA	2.5%	6.0%
ROE	2.6%	6.4%
EBITDA margin	-	-
Days sales outstanding	-	-
Days payable outstanding	-	-
Inventory turnover	-	-
Days inventory (DSI)	-	-

Balance-sheet composition 2024

Assets

Fixed assets €10k · 9.6% Current assets €93k · 90.4%

Equity & liabilities

Equity €98k · 95.2% Debt €5k · 4.8%

Full annual accounts (22 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024	2023
Balance sheet, Assets
TOTAL ASSETS	20/58	€103k	€102k
Fixed assets	21/28	€10k	€13k
Tangible fixed assets	22/27	€10k	€13k
Current assets	29/58	€93k	€90k
Stocks & contracts in progress	3	€942	€359
Amounts receivable within one year	40/41	€18k	€24k
Cash & bank	54/58	€71k	€59k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€103k	€102k
Equity	10/15	€98k	€96k
Contributions / capital	10/11	€19k	€19k
Reserves	13	€80k	€77k
Amounts payable	17/49	€5k	€7k
Amounts payable within one year	42/48	€5k	€7k
Trade debts payable within one year	44	€5k	€6k
Income statement
Gross operating margin	9900	€8k	€12k
Operating result	9901	€4k	€9k
Financial income	75	€0	€71
Financial charges	65	€140	€100
Result before taxes	9903	€4k	€9k
Income taxes	67/77	€1k	€3k
Net result for the period	9904	€3k	€6k
Result to be appropriated	9905	€3k	€6k

Legal Structure

NACE primary	Other specialised construction activities(43990)
Legal form	Private limited company(610)
Incorporation	25-11-1983
Status	Active
Postal code	2800

Establishment units 1 location

Grote Nieuwedijkstraat 339, 2800 Mechelen

Raising of dairy cattle

since 19832.023.472.359

Real-estate footprint Source: CBE × cadastre

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
12402B0085/00L003	Flanders	270 m²	1 · 80 m²	9.3 m · 3 fl.

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.

Updates 10 events

All 10Filings 10

2025

23-05