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Simon

Active
Private limited companyfounded 199333 yrs activeDurmstraat 88A, 9930 Lievegem, BelgiumKBO/BCE: BE 0450.402.375
Summary

Simon has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €492,442 and a net result of €87,767. Equity is growing by ~13.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability70▲+24
Solvency59▲+5
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity short (current ratio 0.2 against 0.11 in 2024; short-term debt: 28.8% and cash: 5.9% of total assets), and 66.3% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 33 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
33.7%
Return on assets
6%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2024
2 d early
2023
4 d early
2022
20 d early
2021
on the day
2020
2 d early
2019
2 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 4 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close27-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 26 June 1993, Simon was incorporated.1 Total assets went from EUR 881,672 in 2019 to EUR 1.5 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€492,442▲ 21.7%
2024 · €404,674
Total assets
€1.5m▲ 5.0%
2024 · €1.4m
Net result
€87,767▲ 752%
2024 · €10,303
Working capital
-€334,577▲ 9.9%
2024 · -€371,505
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€73,536▼ 41.0%€53,906▼ 26.7%€84,566▲ 56.9%€51,661▼ 38.9%€174,954▲ 239%
Net result€48,360▼ 32.4%€33,701▼ 30.3%€55,931▲ 66.0%€10,303▼ 81.6%€87,767▲ 752%
Equity€304,740▲ 18.9%€338,441▲ 11.1%€394,371▲ 16.5%€404,674▲ 2.6%€492,442▲ 21.7%
Total assets€572,135▼ 3.6%€561,635▼ 1.8%€634,587▲ 13.0%€1.4m▲ 119%€1.5m▲ 5.0%
Debt€267,394▼ 20.7%€223,194▼ 16.5%€240,215▲ 7.6%€986,365▲ 311%€968,496▼ 1.8%
Working capital-€156,950▲ 8.6%-€105,962▲ 32.5%-€224,192▼ 112%-€371,505▼ 65.7%-€334,577▲ 9.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
  • 2024 Total assets +119% on 2023. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
€0€50,000€100,000€150,000Operating result 2021: €73,536€73,536Net result 2021: €48,360€48,360Operating result 2022: €53,906€53,906Net result 2022: €33,701€33,701Operating result 2023: €84,566€84,566Net result 2023: €55,931€55,931Operating result 2024: €51,661€51,661Net result 2024: €10,303€10,303Operating result 2025: €174,954€174,954Net result 2025: €87,767€87,76720212022202320242025€0€50,000€100,000€150,000Operating result 2023: €84,566€84,600Net result 2023: €55,931€55,900Operating result 2024: €51,661€51,700Net result 2024: €10,303€10,300Operating result 2025: €174,954€175,000Net result 2025: €87,767€87,800202320242025
The operating result recovers in 2025; 2025 is 239% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.5m
Fixed assets €1.4m ▲ 2.4%
Current assets €86,090 ▲ 79.9%
Equity and liabilities €1.5m
Equity €492,442 ▲ 21.7%
Debt €968,496 ▼ 1.8%
Debt's share of the balance-sheet total falls from 70.9% to 66.3%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€236,845▲
2024 · €105,304
Cash flow
€149,658▲
2024 · €63,945
Current ratio
0.20▲
2024 · 0.11
Debt to equity
1.97▼
2024 · 2.44
ROE
17.8%▲
2024 · 2.5%
ROA
6.0%▲
2024 · 0.7%
Interest coverage
5.23▲
2024 · 3.20
Debt ≤ 1 year
€420,667▲
2024 · €419,370
Debt > 1 year
€547,829▼
2024 · €566,995
Income taxes
€41,874▲
2024 · €8,429
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.4m€1.5m▲
Fixed assets21/28€1.3m€1.4m▲
Tangible fixed assets22/27€1.3m€1.4m▲
Land and buildings22€1.3m€1.3m▲
Plant, machinery and equipment23€50,484€43,318▼
Other tangible fixed assets26€4,000€2,000▼
Financial fixed assets28€643€643=
Current assets29/58€47,866€86,090▲
Cash at bank and in hand54/58€47,866€86,090▲
Equity and liabilities
Total equity and liabilities10/49€1.4m€1.5m▲
Equity10/15€404,674€492,442▲
Contributions10/11€75,000€75,000=
Reserves13€17,800€105,560▲
Non-distributable reserves130/1€7,500-
Reserves not available under the articles1311€7,500-
Distributable reserves133€10,300€105,560▲
Profit (loss) carried forward14€311,874€311,882=
Amounts payable17/49€986,365€968,496▼
Amounts payable after more than one year17€566,995€547,829▼
Financial debts170/4€566,995€547,829▼
Amounts payable within one year42/48€419,370€420,667▲
Current portion of amounts payable after more than one year42€24,956€20,871▼
Trade debts44€6,891€4,565▼
Suppliers440/4€6,891€4,565▼
Taxes, remuneration and social security45€10,817€28,109▲
Taxes450/3€10,817€28,109▲
Other amounts payable47/48€376,707€367,121▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€53,643€61,891▲
Other operating charges640/8€82,728€1,403▼
Gross operating margin9900€188,032€238,248▲
Operating profit (loss)9901€51,661€174,954▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€32,930€45,313▲
Recurring financial charges65€32,930€45,313▲
Profit (loss) for the period before taxes9903€18,732€129,642▲
Income taxes67/77€8,429€41,874▲
Profit (loss) for the period9904€10,303€87,767▲
Profit (loss) for the period to be appropriated9905€10,303€87,767▲
Appropriation of the result
Profit (loss) to be appropriated9906€322,174€399,642▲
Profit (loss) brought forward from the previous period14P€311,871€311,874=
Transfer to equity691/2€10,300€87,760▲
To other reserves6921€10,300€87,760▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39,393€39,165€43,840€53,643€61,891▲ 15.4%
Other operating charges640/8-€2,923€4,072€82,728€1,403▼ 98.3%
Gross operating margin9900€116,634€95,993€132,478€188,032€238,248▲ 26.7%
Operating profit (loss)9901€73,536€53,906€84,566€51,661€174,954▲ 239%
Financial income75/76B----€0-
Recurring financial income75----€0-
Financial charges65/66B-€8,756€9,094€32,930€45,313▲ 37.6%
Recurring financial charges65€10,548€8,756€9,094€32,930€45,313▲ 37.6%
Profit (loss) for the period before taxes9903€62,987€45,150€75,472€18,732€129,642▲ 592%
Income taxes67/77€14,627€11,449€19,542€8,429€41,874▲ 397%
Profit (loss) for the period9904€48,360€33,701€55,931€10,303€87,767▲ 752%
Profit (loss) for the period to be appropriated9905€48,360€33,701€55,931€10,303€87,767▲ 752%
Line20212022202320242025Change
Assets
Total assets20/58€572,135€561,635€634,587€1.4m€1.5m▲ 5.0%
Fixed assets21/28€505,224€466,060€620,153€1.3m€1.4m▲ 2.4%
Tangible fixed assets22/27€504,581€465,416€619,510€1.3m€1.4m▲ 2.4%
Land and buildings22-€431,248€591,474€1.3m€1.3m▲ 3.2%
Plant, machinery and equipment23-€26,168€22,036€50,484€43,318▼ 14.2%
Other tangible fixed assets26-€8,000€6,000€4,000€2,000▼ 50.0%
Financial fixed assets28€643€643€643€643€643=
Current assets29/58€66,910€95,575€14,434€47,866€86,090▲ 79.9%
Stocks and contracts in progress3--€2,000---
Contracts in progress37--€2,000---
Amounts receivable within one year40/41€124-----
Cash at bank and in hand54/58€66,786€95,575€12,434€47,866€86,090▲ 79.9%
Equity and liabilities
Total equity and liabilities10/49€572,135€561,635€634,587€1.4m€1.5m▲ 5.0%
Equity10/15€304,740€338,441€394,371€404,674€492,442▲ 21.7%
Contributions10/11-€75,000€75,000€75,000€75,000=
Reserves13€7,500€7,500€7,500€17,800€105,560▲ 493%
Non-distributable reserves130/1-€7,500€7,500€7,500--
Reserves not available under the articles1311-€7,500€7,500€7,500--
Distributable reserves133---€10,300€105,560▲ 925%
Profit (loss) carried forward14€222,240€255,941€311,871€311,874€311,882=
Amounts payable17/49€267,394€223,194€240,215€986,365€968,496▼ 1.8%
Amounts payable after more than one year17€43,534€21,657€1,589€566,995€547,829▼ 3.4%
Financial debts170/4-€21,657€1,589€566,995€547,829▼ 3.4%
Amounts payable within one year42/48€223,860€201,537€238,626€419,370€420,667▲ 0.3%
Current portion of amounts payable after more than one year42-€21,877€20,068€24,956€20,871▼ 16.4%
Trade debts44€1,810€2,987€10,891€6,891€4,565▼ 33.8%
Suppliers440/4-€2,987€10,891€6,891€4,565▼ 33.8%
Taxes, remuneration and social security45-€2,984€13,207€10,817€28,109▲ 160%
Taxes450/3-€2,984€13,207€10,817€28,109▲ 160%
Other amounts payable47/48-€173,688€194,460€376,707€367,121▼ 2.5%
Line20212022202320242025Change
Profit (loss) for the period9904€48,360€33,701€55,931€10,303€87,767▲ 752%
+ Depreciation and write-downs630€39,393€39,165€43,840€53,643€61,891▲ 15.4%
Operating cash flow (approximation)€87,753€72,865€99,770€63,945€149,658▲ 134%
Investment in fixed assets (approximation)-€0-€197,933-€776,663-€93,565▲ 88.0%
Change in cash-€28,789-€83,141€35,432€38,224▲ 7.9%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
30-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial Highest result since 2019net €87,767 ▲752%
Operating result €174,954, net result €87,767, both a record.
29-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial Weakest financial yearnet €10,303 ▼81.6%
Net result drops to €10,303, the lowest in the series; recovery starts the following year.
27-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
11-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
29-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial Equity above €200,000Eq €256,380 ▲38.7%
2 profitable years in a row build equity to €256,380.
29-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
30-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
30-01
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Lievegem · 1 establishment unit since 1993
seat establishment The establishment unit on the map
Ground area
5,887 m²
Building footprint
1,035 m²
Volume, LiDAR
4,856 m³
2 parcels, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BEMS BVBA
Lostraat 6, 9850 DeinzeInsurance, reinsurance and pension funding, except compulsory social security
since 19932.062.833.375
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44044B0703/00C000 Flanders 3,066 m² 1 · 838 m² 7.5 m · 2 fl.
44080C0916/00E000 Flanders 2,821 m² 1 · 197 m² 5.0 m · 1 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2025 · 1 entry · 2,420 EUR awarded · 2,420 EUR paid
Year Entries awardedpaid
2025 1 2,420 EUR2,420 EUR
Schemes
1 entry · 2,420 EUR · 2,420 EUR paid · Vlaams Energie- en Klimaatagentschap

Identification & contact

Identification
Legal formPrivate limited company
Founded26-06-1993
Fiscal year end30-06
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 26 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.