SIMKHO
ActiveSIMKHO has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €429k and a net result of €29k. Equity is shrinking by ~6.3% per year across the filed fiscal years. Its solvency ranks better than 50% of 1851 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
74
/ 100
Healthy▲ +24 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability34▲+34
Solvency44▲+8
Growth58=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 1.83 against 1.54 in 2023), but 79.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+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 55
Relative position
BE, all sectors
reference
Sector 55
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-07-2025, 24 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
24 d early
2023
37 d early
2022
30 d late
2021
75 d early
2020
54 d early
2019
38 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€429k▲ 7.2%
2023 · €400k
2018: €635k
2019: €583k
2020: €417k
2021: €373k
2022: €410k
2023: €400k
2018 → 2024
Total assets
€2.10M▼ 1.2%
2023 · €2.13M
2018: €1.89M
2019: €1.82M
2020: €2.26M
2021: €2.20M
2022: €2.18M
2023: €2.13M
2018 → 2024
Net result
€29k
2023 · €-10k
2018: €-165k
2019: €-52k
2020: €-166k
2021: €-44k
2022: €37k
2023: €-10k
2018 → 2024
Working capital
€106k▲ 70.7%
2023 · €62k
2018: €65k
2019: €68k
2020: €18k
2021: €22k
2022: €36k
2023: €62k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€417k-€373k▼ 10.5%€410k▲ 10.0%€400k▼ 2.4%€429k▲ 7.2%
Operating result€-160k-€-43k▲ 73.2%€50k€2k▼ 96.1%€41k▲ 2,020%
Net result€-166k-€-44k▲ 73.6%€37k€-10k€29k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 2,020% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.10M
Fixed assets
€1.87M▼ 4.2%
Current assets
€234k▲ 32.7%
Equity and liabilities €2.10M
Equity
€429k▲ 7.2%
Debt
€1.67M▼ 3.1%
The debt ratio falls from 81.2% to 79.6%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€175k▲
2023 · €144k
Cash flow
€163k▲
2023 · €132k
Solvency
20.4%▲
2023 · 18.8%
Current ratio
1.83▲
2023 · 1.54
Quick ratio
1.83▲
2023 · 1.54
Debt / equity
3.90▼
2023 · 4.31
ROE
6.7%▲
2023 · -2.4%
ROA
1.4%▲
2023 · -0.5%
Interest coverage
14.42▲
2023 · 12.24
Debt
€1.67M▼
2023 · €1.73M
Debt ≤ 1 year
€128k▲
2023 · €114k
Debt > 1 year
€1.54M▼
2023 · €1.61M
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€2.13M€2.10M▼
Fixed assets21/28€1.95M€1.87M▼
Tangible fixed assets22/27€1.95M€1.87M▼
Land and buildings22€1.84M€1.77M▼
Plant, machinery and equipment23€1k€395▼
Furniture and vehicles24€99k€88k▼
Other tangible fixed assets26€14k€10k▼
Current assets29/58€176k€234k▲
Amounts receivable within one year40/41€10k€40▼
Trade receivables40€8k€40▼
Other amounts receivable41€2k-
Cash at bank and in hand54/58€163k€232k▲
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€2.13M€2.10M▼
Equity10/15€400k€429k▲
Contributions10/11€800k€800k=
Profit (loss) carried forward14€-400k€-371k▲
Amounts payable17/49€1.73M€1.67M▼
Amounts payable after more than one year17€1.61M€1.54M▼
Financial debts170/4€731k€665k▼
Other amounts payable178/9€880k€880k=
Amounts payable within one year42/48€114k€128k▲
Current portion of amounts payable after more than one year42€65k€66k▲
Trade debts44€15k€21k▲
Suppliers440/4€15k€21k▲
Advances received on contracts in progress46€32k€39k▲
Taxes, remuneration and social security45€2k€2k▲
Taxes450/3€450€965▲
Remuneration and social security454/9€1k€1k=
Other amounts payable47/48€200€200=
Accrued charges and deferred income492/3€2k€40▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€142k€134k▼
Other operating charges640/8€10k€12k▲
Non-recurring operating charges66A€1k-
Gross operating margin9900€155k€187k▲
Operating profit (loss)9901€2k€41k▲
Financial income75/76B€66€46▼
Recurring financial income75€66€46▼
Financial charges65/66B€12k€12k▲
Recurring financial charges65€12k€12k▲
Profit (loss) for the period before taxes9903€-10k€29k▲
Profit (loss) for the period9904€-10k€29k▲
Profit (loss) for the period to be appropriated9905€-10k€29k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-400k€-371k▲
Profit (loss) brought forward from the previous period14P€-390k€-400k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €29k
Net result €29k after one loss-making year.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Back to profitnet €37k
Net result €37k after 4 loss-making years.
17-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
07-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-166k
Net result drops to €-166k, the lowest in the series; recovery starts the following year.
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · 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, Theux · 1 establishment unit since 2017
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.
Rue Nicolas Midrez 944910 TheuxGround area
1.6 ha
Building footprint
560 m²
Volume, LiDAR
4,292 m³
2 parcels, Wallonia · tallest building 9.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SIMKHO
since 20172.264.537.254
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63038C1242/00Z000 | Wallonia | 1.5 ha | 1 · 413 m² | 9.8 m · 3 fl. |
| 63060B0275/00R000 | Wallonia | 1,378 m² | 1 · 147 m² | 9.0 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.
Similar companies · same sector, comparable size
SACHAAN
BE 0476.899.807
Stoumont · Eq €429k
ROPAVA
BE 0780.538.610
Zonnebeke · Eq €425k
DI-GIT management
BE 0731.959.327
Meix-devant-Virton · Eq €434k
PAUFELOS B
BE 0632.808.006
Jalhay · Eq €421k
BEEST PROJECTEN
BE 0718.705.068
Lochristi · Eq €441k
Of 2,997 companies in sector 55203 we hold annual accounts for 687. 445 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-05-2017
Fiscal year end31-12
Activities, NACEBEL
55203Holiday cottages, homes and apartments
55209Other holiday and short-stay accommodation
56210Event catering
77210Renting and leasing of sports and recreation goods
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 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.