SIMON CALLENS
ActiveSIMON CALLENS has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €43k and a net result of €23k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 35% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▼-19
Solvency58▼-42
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 1.5 against 9.31 in 2024; short-term debt: 66.6% and cash: 58.9% of total assets), but 66.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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 43
Relative position
BE, all sectors
reference
Sector 43
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
33.4%
Return on assets
17.5%
Age of the figures
9 mo
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
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 01-06-2026, 60 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
60 d early
2024
28 d early
2023
29 d early
2022
28 d early
2021
27 d early
2020
37 d early
2019
2 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€43k▼ 61.4%
2024 · €112k
2018: €64k
2019: €107k
2020: €178k
2021: €184k
2022: €197k
2023: €80k
2024: €112k
2018 → 2025
Total assets
€129k▲ 3.2%
2024 · €125k
2018: €108k
2019: €177k
2020: €225k
2021: €188k
2022: €204k
2023: €209k
2024: €125k
2018 → 2025
Net result
€23k▼ 37.9%
2024 · €36k
2018: €51k
2019: €47k
2020: €72k
2021: €352
2022: €13k
2023: €5k
2024: €36k
2018 → 2025
Working capital
€43k▼ 61.4%
2024 · €112k
2018: €39k
2019: €59k
2020: €131k
2021: €169k
2022: €189k
2023: €80k
2024: €112k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€184k-€197k▲ 6.6%€80k▼ 59.4%€112k▲ 39.9%€43k▼ 61.4%
Operating result€-3k-€15k€6k▼ 63.0%€50k▲ 814%€30k▼ 40.7%
Net result€352-€13k▲ 3,562%€5k▼ 63.0%€36k▲ 661%€23k▼ 37.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 41% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €129k
Equity
€43k▼ 61.4%
Debt
€86k▲ 540%
The debt ratio rises from 10.7% to 66.6%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
33.4%▼
2024 · 89.3%
Current ratio
1.50▼
2024 · 9.31
Quick ratio
1.50▼
2024 · 9.31
Debt / equity
2.00▲
2024 · 0.12
ROE
52.4%▲
2024 · 32.6%
ROA
17.5%▼
2024 · 29.1%
Debt
€86k▲
2024 · €13k
Debt ≤ 1 year
€86k▲
2024 · €13k
Income taxes
€7k▼
2024 · €14k
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€125k€129k▲
Current assets29/58€125k€129k▲
Amounts receivable within one year40/41€77k€50k▼
Trade receivables40€130€0▼
Other amounts receivable41€77k€50k▼
Cash at bank and in hand54/58€46k€76k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€125k€129k▲
Equity10/15€112k€43k▼
Contributions10/11€19k€19k=
Reserves13€93k€24k▼
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Distributable reserves133€91k€24k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€13k€86k▲
Amounts payable within one year42/48€13k€86k▲
Trade debts44€1k€3k▲
Suppliers440/4€1k€3k▲
Taxes, remuneration and social security45€7k€5k▼
Taxes450/3€7k€5k▼
Other amounts payable47/48€5k€79k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0-
Other operating charges640/8€2k€1k▼
Gross operating margin9900€52k€31k▼
Operating profit (loss)9901€50k€30k▼
Financial income75/76B€124€1▼
Recurring financial income75€124€1▼
Financial charges65/66B€286€332▲
Recurring financial charges65€286€332▲
Profit (loss) for the period before taxes9903€50k€30k▼
Income taxes67/77€14k€7k▼
Profit (loss) for the period9904€36k€23k▼
Profit (loss) for the period to be appropriated9905€36k€23k▼
Appropriation of the result
Profit (loss) to be appropriated9906€36k€23k▼
Transfer from equity791/2€0€91k▲
Transfer to equity691/2€32k€23k▼
To other reserves6921€32k€23k▼
Profit to be distributed694/7€5k€91k▲
Return on contributions (dividend)694€5k€91k▲
The notes to these accounts (5 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
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity times 6current ratio 9.31
Current ratio from 1.62 to 9.31; short-term debt falls from €129k to €13k.
31-12
Financial
Equity above €100kEq €112k ▲39.9%
7 profitable years in a row build equity to €112k.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €352 ▼99.5%
Net result drops to €352, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 19current ratio 53.77
Current ratio from 2.88 to 53.77; short-term debt falls from €70k to €3k.
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €72k ▲52.4%
Operating result €92k, net result €72k, both a record.
31-12
Financial
Equity above €150kEq €178k ▲66.5%
3 profitable years in a row build equity to €178k.
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €100kEq €107k ▲68.2%
2 profitable years in a row build equity to €107k.
23-07
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
3 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, Tielt · 1 establishment unit since 2018
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.
Beneluxlaan 488700 TieltGround area
1,625 m²
Building footprint
131 m²
Volume, LiDAR
606 m³
2 parcels, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SIMON CALLENS
since 20182.275.576.151
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37302E0451/00E006 | Flanders | 895 m² | - | - |
| 37015K0008/00N002 | Flanders | 730 m² | 1 · 131 m² | 9.5 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
DE SWARTE GLENN
BE 0745.536.654
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BE 0779.860.402
Kortrijk · Eq €43k
JACOBS TECHNICS
BE 0801.409.149
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DEMEYER STEVEN
BE 0640.685.889
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STEVEN VAN GANSBEKE
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Of 7,042 companies in sector 43221 we hold annual accounts for 3,471. 2,921 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-04-2018
Fiscal year end31-12
Activities, NACEBEL
43221Plumbing work
33110Repair and maintenance of fabricated metal products
43222Installation of electric heating, air conditioning, cooling and ventilation
46842Wholesale trade
47527Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.