SIMENON
ActiveSummary
SIMENON has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€211,819) and a net result of -€226,666. Equity is shrinking by ~29.9% per year across the filed fiscal years. Its solvency ranks better than 8% of 336 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability28▼-42
Solvency16▼-10
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.57 against 0.95 in 2023; short-term debt: 58.9% and cash: 0% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2024Solvency, return and age of the figures
Solvency
-9.3%
Return on assets
-9.9%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Civil engineering (NACE 42)
about 27% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€211,819
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
71 d late
2023
124 d late
2022
31 d late
2021
19 d late
2020
89 d late
2019
122 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 76 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 40% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
In the rankings
#7 company by total assets in Awans, Construction sector
Turnover
€0
2023 · €0
EBIT margin
4.3%
Net result
-€226,666
2023 · €17,359
Working capital
-€577,174▼ 1,070%
2023 · -€49,331
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 42, Civil engineering, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€0€0€0€0
Operating result€35,732▲ 76.4%€18,814▼ 47.3%-€1,713€73,565-€133,565
Net result€13,332within the sector's middle half▲ 20.0%-€11,681below the sector's middle half-€35,964below the sector's middle half▼ 208%€17,359within the sector's middle half-€226,666below the sector's middle half
EBIT margin
Equity€92,993below the sector's middle half▲ 16.7%€81,312below the sector's middle half▼ 12.6%€45,348below the sector's middle half▼ 44.2%€14,847below the sector's middle half▼ 67.3%-€211,819below the sector's middle half
Total assets€1.5mwithin the sector's middle half▲ 95.0%€1.7mwithin the sector's middle half▲ 14.9%€1.9mwithin the sector's middle half▲ 13.4%€1.9mwithin the sector's middle half▼ 1.9%€2.3mwithin the sector's middle half▲ 22.5%
Debt€1.4m▲ 104%€1.6m▲ 16.8%€1.9m▲ 16.4%€1.8m▼ 0.3%€2.5m▲ 35.0%
Working capital-€99,884below the sector's middle half▼ 4,010%-€102,342below the sector's middle half▼ 2.5%-€118,755below the sector's middle half▼ 16.0%-€49,331below the sector's middle half▲ 58.5%-€577,174below the sector's middle half▼ 1,070%
Solvency6.4%below the sector's middle half▼ 4.3pp4.9%below the sector's middle half▼ 1.5pp2.4%below the sector's middle half▼ 2.5pp0.8%below the sector's middle half▼ 1.6pp-9.3%below the sector's middle half▼ 10.1pp
Current ratio0.81below the sector's middle half▼ 0.190.85below the sector's middle half▲ 0.050.86below the sector's middle half=0.95below the sector's middle half▲ 0.090.57below the sector's middle half▼ 0.38
Return on assets (ROA)0.9%within the sector's middle half▼ 0.6pp-0.7%below the sector's middle half▼ 1.6pp-1.9%below the sector's middle half▼ 1.2pp0.9%within the sector's middle half▲ 2.8pp-9.9%below the sector's middle half▼ 10.9pp
Staff (FTE)5.4below the sector's middle half▲ 8.0%6.5below the sector's middle half▲ 20.4%6.4below the sector's middle half▼ 1.5%7.9below the sector's middle half▲ 23.4%9.3below the sector's middle half▲ 17.7%
above
within
below
the middle half (P25 to P75) of NACE 42, Civil engineering, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €133,565 after €73,565 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.3m
Fixed assets
€1.5m ▲ 52.5%
Current assets
€765,295 ▼ 11.8%
Key figures and ratios
EBITDA
€246,990▼
2023 · €441,700
Cash flow
€153,889▼
2023 · €385,494
Quick ratio
0.57▼
2023 · 0.94
Debt to equity
-11.77
Interest coverage
2.56▼
2023 · 7.63
Debt ≤ 1 year
€1.3m▲
2023 · €916,725
Debt > 1 year
€1.2m▲
2023 · €901,576
Staff costs
€438,020▲
2023 · €365,739
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,338 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 90% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a small loss
2.5%
went bankrupt
5.6%
stopped otherwise
90%
still going
A further 1.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.2% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 2,338 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.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €0 | €0 | €0 | €0 | - |
| Non-recurring operating income76A | - | €7,139 | €109,464 | €77,357 | €22,723 | ▼ 70.6% |
| Goods, raw materials, services and sundry goods60/61 | - | €0 | €0 | €0 | €0 | - |
| Remuneration, social security and pensions62 | - | €286,909 | €315,772 | €365,739 | €438,020 | ▲ 19.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €221,907 | €300,879 | €326,212 | €368,135 | €380,555 | ▲ 3.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €0 | - | - | - | - |
| Other operating charges640/8 | - | €1,909 | €10,732 | €14,650 | €26,433 | ▲ 80.4% |
| Non-recurring operating charges66A | - | - | - | €12,930 | €0 | ▼ 100% |
| Gross operating margin9900 | €430,419 | €608,509 | €651,003 | €835,020 | €711,444 | ▼ 14.8% |
| Operating profit (loss)9901 | €35,732 | €18,814 | -€1,713 | €73,565 | -€133,565 | ▼ 282% |
| Financial income75/76B | - | €639 | €2,095 | €1,713 | €3,369 | ▲ 96.7% |
| Recurring financial income75 | €716 | €639 | €2,095 | €1,713 | €3,369 | ▲ 96.7% |
| Financial charges65/66B | - | €31,133 | €36,347 | €57,919 | €96,470 | ▲ 66.6% |
| Recurring financial charges65 | €23,116 | €31,133 | €36,347 | €57,919 | €96,470 | ▲ 66.6% |
| Profit (loss) for the period before taxes9903 | €13,332 | -€11,681 | -€35,964 | €17,359 | -€226,666 | ▼ 1,406% |
| Profit (loss) for the period9904 | €13,332 | -€11,681 | -€35,964 | €17,359 | -€226,666 | ▼ 1,406% |
| Profit (loss) for the period to be appropriated9905 | €13,332 | -€11,681 | -€35,964 | €17,359 | -€226,666 | ▼ 1,406% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.5m | €1.7m | €1.9m | €1.9m | €2.3m | ▲ 22.5% |
| Formation expenses20 | €296 | €0 | €0 | €0 | €0 | - |
| Fixed assets21/28 | €1.0m | €1.1m | €1.2m | €993,899 | €1.5m | ▲ 52.5% |
| Tangible fixed assets22/27 | €1.0m | €1.1m | €1.2m | €993,764 | €1.5m | ▲ 52.5% |
| Land and buildings22 | - | - | - | - | €527,000 | - |
| Plant, machinery and equipment23 | - | €28,664 | €18,307 | €49,071 | €58,315 | ▲ 18.8% |
| Furniture and vehicles24 | - | €20,104 | €37,552 | €22,805 | €15,938 | ▼ 30.1% |
| Leasing and similar rights25 | - | €1.0m | €1.1m | €921,888 | €914,275 | ▼ 0.8% |
| Other tangible fixed assets26 | - | €0 | €0 | €0 | €0 | - |
| Financial fixed assets28 | €135 | €135 | €135 | €135 | €135 | = |
| Current assets29/58 | €415,099 | €600,005 | €718,156 | €867,394 | €765,295 | ▼ 11.8% |
| Stocks and contracts in progress3 | €2,223 | €2,223 | €2,223 | €2,223 | €2,223 | = |
| Stocks30/36 | - | €2,223 | €2,223 | €2,223 | €2,223 | = |
| Amounts receivable within one year40/41 | €385,052 | €563,398 | €630,091 | €751,264 | €756,236 | ▲ 0.7% |
| Trade receivables40 | - | €538,766 | €577,451 | €708,856 | €737,029 | ▲ 4.0% |
| Other amounts receivable41 | - | €24,632 | €52,640 | €42,408 | €19,207 | ▼ 54.7% |
| Cash at bank and in hand54/58 | €18,494 | €22,468 | €32,542 | €80,050 | €0 | ▼ 100% |
| Deferred charges and accrued income490/1 | - | €11,916 | €53,299 | €33,857 | €6,836 | ▼ 79.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.5m | €1.7m | €1.9m | €1.9m | €2.3m | ▲ 22.5% |
| Equity10/15 | €92,993 | €81,312 | €45,348 | €14,847 | -€211,819 | ▼ 1,527% |
| Contributions10/11 | - | €11,200 | €11,200 | €11,200 | €11,200 | = |
| Reserves13 | €47,860 | €47,860 | €47,860 | €0 | - | - |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €0 | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €0 | - | - |
| Distributable reserves133 | - | €46,000 | €46,000 | €0 | - | - |
| Profit (loss) carried forward14 | €33,933 | €22,252 | -€13,712 | €3,647 | -€223,019 | ▼ 6,216% |
| Amounts payable17/49 | €1.4m | €1.6m | €1.9m | €1.8m | €2.5m | ▲ 35.0% |
| Amounts payable after more than one year17 | €847,211 | €882,728 | €978,052 | €901,576 | €1.2m | ▲ 27.6% |
| Financial debts170/4 | - | €882,728 | €978,052 | €901,576 | €1.2m | ▲ 27.6% |
| Amounts payable within one year42/48 | €514,982 | €702,348 | €836,911 | €916,725 | €1.3m | ▲ 46.4% |
| Current portion of amounts payable after more than one year42 | - | €260,698 | €282,991 | €310,671 | €357,751 | ▲ 15.2% |
| Financial debts43 | - | €71,183 | €126,206 | €126,230 | €201,254 | ▲ 59.4% |
| Credit institutions430/8 | - | €1,183 | €1,206 | €1,230 | €1,254 | ▲ 2.0% |
| Other loans439 | - | €70,000 | €125,000 | €125,000 | €200,000 | ▲ 60.0% |
| Trade debts44 | €237,939 | €292,411 | €342,171 | €403,407 | €370,433 | ▼ 8.2% |
| Suppliers440/4 | - | €292,411 | €342,171 | €403,407 | €370,433 | ▼ 8.2% |
| Advances received on contracts in progress46 | - | €14,000 | €14,000 | €14,000 | €14,000 | = |
| Taxes, remuneration and social security45 | - | €14,242 | €24,453 | €20,288 | €145,388 | ▲ 617% |
| Taxes450/3 | - | €109 | €8,029 | €7,224 | €20,299 | ▲ 181% |
| Remuneration and social security454/9 | - | €14,132 | €16,424 | €13,064 | €125,089 | ▲ 857% |
| Other amounts payable47/48 | - | €49,815 | €47,090 | €42,129 | €253,643 | ▲ 502% |
| Accrued charges and deferred income492/3 | - | €6,648 | €37,381 | €28,145 | €165 | ▼ 99.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,332 | -€11,681 | -€35,964 | €17,359 | -€226,666 | ▼ 1,406% |
| + Depreciation and write-downs630 | €221,907 | €300,879 | €326,212 | €368,135 | €380,555 | ▲ 3.4% |
| Operating cash flow (approximation) | €235,239 | €289,197 | €290,248 | €385,494 | €153,889 | ▼ 60.1% |
| Investment in fixed assets (approximation) | - | -€333,566 | -€432,717 | -€182,498 | -€902,320 | ▼ 394% |
| Change in cash | - | €3,974 | €10,074 | €47,508 | -€80,050 | ▼ 268% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
10-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 71 days late
2024
31-12
Financial
Weakest financial yearnet -€226,666
Net result drops to -€226,666, the lowest in the series.
02-12
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 124 days late
2023
31-12
Financial
Back to profitnet €17,359
Net result €17,359 after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 19 days late
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 89 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 122 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 28 days late
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Awans · 1 establishment unit since 2016
Ground area
1,667 m²
Building footprint
201 m²
Volume, LiDAR
1,344 m³
Parcel 62106B0247/00D000, Wallonia · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
SIMENON
since 20162.254.673.443
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62106B0247/00D000 | Wallonia | 1,666 m² | 1 · 201 m² | 8.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 264 companies in sector 42212 we hold annual accounts for 120. 65 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-07-2016
Fiscal year end31-12
Activities, NACEBEL 2025
42212Civil engineering
43120Site preparation
01500Mixed farming
01610Support activities for crop production
43240Other construction installation
43910Bricklaying and masonry work
49410Freight transport by road
81220Other building cleaning and industrial cleaning
81300Landscape service activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0658884178
Also
9925:BE0658884178
Registered
15-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.