SIMIT HOUSE
ActiveThe computed 12-month bankruptcy probability of SIMIT HOUSE is 1.7% (moderate). The 2025 annual accounts show equity of €4k and a net result of €32k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 24% of 18039 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+1
Solvency28▼-5
Growth78=
Track record94
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
3.1%
Return on assets
25.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 18039 sector peers (2025).
NBB · sector comparisonPosition among 18039 sector peers
Solvency
better than 24%
← weakest
strongest →
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 20-05-2026, 72 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
72 d early
2024
8 d late
2023
25 d early
2022
56 d late
2021
58 d early
2020
32 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€4k=
2024 · €4k
2020: €2k
2021: €-14k
2022: €47k
2023: €25k
2024: €4k
2020 → 2025
Total assets
€129k▲ 161%
2024 · €49k
2020: €4k
2021: €26k
2022: €138k
2023: €92k
2024: €49k
2020 → 2025
Net result
€32k▲ 173%
2024 · €12k
2020: €-2k
2021: €-16k
2022: €61k
2023: €5k
2024: €12k
2020 → 2025
Working capital
€-8k▲ 35.1%
2024 · €-12k
2020: €-992
2021: €-22k
2022: €29k
2023: €5k
2024: €-12k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-14k-€47k€25k▼ 45.8%€4k▼ 84.3%€4k=
Operating result€-16k-€72k€11k▼ 84.5%€18k▲ 61.5%€50k▲ 179%
Net result€-16k-€61k€5k▼ 91.9%€12k▲ 137%€32k▲ 173%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 179% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €129k
Fixed assets
€12k▼ 42.3%
Current assets
€117k▲ 307%
Equity and liabilities €129k
Equity
€4k=
Debt
€125k▲ 175%
The debt ratio rises from 91.9% to 96.9%. Debt is higher.
Key figures and ratios
EBITDA
€57k▲
2024 · €28k
Cash flow
€40k▲
2024 · €22k
Solvency
3.1%▼
2024 · 8.1%
Current ratio
0.94▲
2024 · 0.70
Quick ratio
0.94▲
2024 · 0.70
Debt / equity
31.14▲
2024 · 11.32
ROE
807.9%▲
2024 · 295.7%
ROA
25.1%▲
2024 · 24.0%
Interest coverage
118.07▼
2024 · 178.22
Debt
€125k▲
2024 · €45k
Debt ≤ 1 year
€125k▲
2024 · €41k
Income taxes
€17k▲
2024 · €6k
Staff costs
€41k▲
2024 · €39k
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€49k€129k▲
Fixed assets21/28€21k€12k▼
Tangible fixed assets22/27€20k€11k▼
Plant, machinery and equipment23-€2k
Furniture and vehicles24€14k€6k▼
Other tangible fixed assets26€5k€3k▼
Financial fixed assets28€900€900=
Current assets29/58€29k€117k▲
Amounts receivable after more than one year29-€17k
Other amounts receivable291-€17k
Amounts receivable within one year40/41€26k€64k▲
Trade receivables40-€64k
Other amounts receivable41€26k€245▼
Cash at bank and in hand54/58€2k€35k▲
Deferred charges and accrued income490/1€350€111▼
Equity and liabilities
Total equity and liabilities10/49€49k€129k▲
Equity10/15€4k€4k=
Contributions10/11€4k€4k=
Profit (loss) carried forward14€0-
Amounts payable17/49€45k€125k▲
Amounts payable within one year42/48€41k€125k▲
Trade debts44€24k€75k▲
Suppliers440/4€24k€75k▲
Advances received on contracts in progress46-€4k
Taxes, remuneration and social security45€17k€45k▲
Taxes450/3€17k€40k▲
Remuneration and social security454/9€163€5k▲
Accrued charges and deferred income492/3€4k-
Income statement
Code20242025
Remuneration, social security and pensions62€39k€41k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€7k▼
Other operating charges640/8€9k€9k▼
Gross operating margin9900€76k€107k▲
Operating profit (loss)9901€18k€50k▲
Financial income75/76B€0€3▲
Recurring financial income75€0€3▲
Financial charges65/66B€158€486▲
Recurring financial charges65€158€486▲
Profit (loss) for the period before taxes9903€18k€50k▲
Income taxes67/77€6k€17k▲
Profit (loss) for the period9904€12k€32k▲
Profit (loss) for the period to be appropriated9905€12k€32k▲
Appropriation of the result
Profit (loss) to be appropriated9906€33k€32k▼
Profit (loss) brought forward from the previous period14P€21k-
Profit to be distributed694/7€33k€32k▼
Return on contributions (dividend)694€33k€32k▼
The notes to these accounts (8 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
20-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
08-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 8 days late
2024
06-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 56 days late
2022
31-12
Financial
Back to profitnet €61k
Net result €61k after 2 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 1.31
Current ratio from 0.45 to 1.31.
03-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Zaventem · 1 establishment unit since 2020
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.
Excelsiorlaan 711930 ZaventemGround area
5,661 m²
Building footprint
1,617 m²
Volume, LiDAR
15,396 m³
2 parcels, Brussels, Flanders · tallest building 16.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
De Wandstraat 37, 1020 Brussel
since 20202.309.502.197
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094D0036/00W000 | Flanders | 5,436 m² | 1 · 1,487 m² | 12.6 m · 3 fl. |
| 21818E0222/00C003 | Brussels | 225 m² | 1 · 129 m² | 16.3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrussel2.309.502.197
Similar companies · same sector, comparable size
TIME OUT
BE 0890.295.296
Oostende · Eq €4k
EASY-S
BE 0686.578.767
Dilbeek · Eq €4k
LA GERME DE BLE
BE 0678.530.242
Brussel · Eq €4k
DELI GENT
BE 0428.218.178
Gent · Eq €4k
JASMIN
BE 0474.669.005
Anderlecht · Eq €4k
Of 2,406 companies in sector 47241 we hold annual accounts for 1,097. 432 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-10-2020
Fiscal year end31-12
Activities, NACEBEL
47241Retail sale of bread and pastry (bakery outlets)
56111Full-service restaurants
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.