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SIMON COTTENS

Active
Private limited companyfounded 20178 yrs activeSint-Elooisplein 51, 8793 Waregem, BelgiumKBO/BCE: BE 0682.866.538
Summary

SIMON COTTENS has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €222,397 and a net result of €188,723. Equity is growing by ~32.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100▲+15
Solvency80▼-20
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17,000 at 30 days acceptable
Liquidity ample (current ratio 1.97 against 43.91 in 2024; short-term debt: 45.5% and cash: 74.6% of total assets), and 45.5% of the assets are financed with debt.
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Signals

Three 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 · 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
54.5%
Return on assets
46.3%
Age of the figures
9 mo
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 05-06-2026, 56 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
56 d early
2024
37 d early
2023
41 d early
2022
46 d early
2021
59 d early
2020
36 d early
2019
8 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 40 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 15 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 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 12 October 2017, SIMON COTTENS was incorporated.1 Total assets went from EUR 106,978 in 2018 to EUR 407,697 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€222,397▼ 66.7%
2024 · €667,419
Total assets
€407,697▼ 40.4%
2024 · €683,527
Net result
€188,723▲ 114%
2024 · €88,140
Working capital
€178,831▼ 72.3%
2024 · €646,064
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€124,161▲ 31.4%€144,463▲ 16.4%€152,609▲ 5.6%€143,170▼ 6.2%€135,822▼ 5.1%
Net result€97,035▲ 28.1%€109,179▲ 12.5%€115,004▲ 5.3%€88,140▼ 23.4%€188,723▲ 114%
Equity€355,096▲ 44.5%€464,275▲ 30.7%€579,279▲ 24.8%€667,419▲ 15.2%€222,397▼ 66.7%
Total assets€366,855▲ 41.2%€477,180▲ 30.1%€596,664▲ 25.0%€683,527▲ 14.6%€407,697▼ 40.4%
Debt€11,758▼ 17.4%€12,905▲ 9.8%€17,385▲ 34.7%€16,108▼ 7.3%€185,300▲ 1,050%
Working capital€354,817▲ 43.6%€464,380▲ 30.9%€554,811▲ 19.5%€646,064▲ 16.4%€178,831▼ 72.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50,000€100,000€150,000€200,000Operating result 2021: €124,161€124,161Net result 2021: €97,035€97,035Operating result 2022: €144,463€144,463Net result 2022: €109,179€109,179Operating result 2023: €152,609€152,609Net result 2023: €115,004€115,004Operating result 2024: €143,170€143,170Net result 2024: €88,140€88,140Operating result 2025: €135,822€135,822Net result 2025: €188,723€188,72320212022202320242025€0€50,000€100,000€150,000€200,000Operating result 2023: €152,609€153,000Net result 2023: €115,004€115,000Operating result 2024: €143,170€143,000Net result 2024: €88,140€88,100Operating result 2025: €135,822€136,000Net result 2025: €188,723€189,000202320242025
The operating result has fallen two years in a row; 2025 is 5% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €407,697
Fixed assets €43,566 ▲ 94.4%
Current assets €364,131 ▼ 44.9%
Equity and liabilities €407,697
Equity €222,397 ▼ 66.7%
Debt €185,300 ▲ 1,050%
Debt's share of the balance-sheet total rises from 2.4% to 45.5%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€142,687▼
2024 · €149,107
Cash flow
€195,588▲
2024 · €94,077
Current ratio
1.97▼
2024 · 43.91
Debt to equity
0.83▲
2024 · 0.02
ROE
84.9%▲
2024 · 13.2%
ROA
46.3%▲
2024 · 12.9%
Interest coverage
1000.05▼
2024 · 3427.76
Debt ≤ 1 year
€185,300▲
2024 · €15,056
Income taxes
€26,621▼
2024 · €56,006
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
95% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.0% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 26,975 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€683,527€407,697▼
Fixed assets21/28€22,407€43,566▲
Tangible fixed assets22/27€22,407€20,066▼
Plant, machinery and equipment23€3,033€2,115▼
Furniture and vehicles24€19,374€17,951▼
Financial fixed assets28-€23,500
Current assets29/58€661,120€364,131▼
Amounts receivable within one year40/41€27,061€58,626▲
Trade receivables40€26,262€36,722▲
Other amounts receivable41€800€21,905▲
Current investments50/53€291,941-
Cash at bank and in hand54/58€341,185€304,283▼
Deferred charges and accrued income490/1€932€1,222▲
Equity and liabilities
Total equity and liabilities10/49€683,527€407,697▼
Equity10/15€667,419€222,397▼
Contributions10/11€18,600€18,600=
Reserves13€648,819€203,797▼
Distributable reserves133€648,819€203,797▼
Amounts payable17/49€16,108€185,300▲
Amounts payable within one year42/48€15,056€185,300▲
Trade debts44€894€428▼
Suppliers440/4€894€428▼
Taxes, remuneration and social security45€4,350€4,350=
Taxes450/3€4,350€4,350=
Other amounts payable47/48€9,812€180,522▲
Accrued charges and deferred income492/3€1,052-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,938€6,865▲
Other operating charges640/8€126€128▲
Gross operating margin9900€149,233€142,815▼
Operating profit (loss)9901€143,170€135,822▼
Financial income75/76B€1,020€79,664▲
Recurring financial income75€1,020€79,664▲
Financial charges65/66B€44€143▲
Recurring financial charges65€44€143▲
Profit (loss) for the period before taxes9903€144,146€215,343▲
Income taxes67/77€56,006€26,621▼
Profit (loss) for the period9904€88,140€188,723▲
Profit (loss) for the period to be appropriated9905€88,140€188,723▲
Appropriation of the result
Profit (loss) to be appropriated9906€88,140€188,723▲
Transfer from equity791/2-€633,744
Transfer to equity691/2€88,140€188,723▲
To other reserves6921€88,140€188,723▲
Profit to be distributed694/7-€633,744
Return on contributions (dividend)694-€633,744

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€339€339€2,557€5,938€6,865▲ 15.6%
Other operating charges640/8€111€112€165€126€128▲ 1.6%
Gross operating margin9900€124,611€144,914€155,331€149,233€142,815▼ 4.3%
Operating profit (loss)9901€124,161€144,463€152,609€143,170€135,822▼ 5.1%
Financial income75/76B--€343€1,020€79,664▲ 7,712%
Recurring financial income75--€343€1,020€79,664▲ 7,712%
Financial charges65/66B€37€3,691€4,445€44€143▲ 228%
Recurring financial charges65€37€3,691€4,445€44€143▲ 228%
Profit (loss) for the period before taxes9903€124,124€140,772€148,507€144,146€215,343▲ 49.4%
Income taxes67/77€27,090€31,593€33,504€56,006€26,621▼ 52.5%
Profit (loss) for the period9904€97,035€109,179€115,004€88,140€188,723▲ 114%
Profit (loss) for the period to be appropriated9905€97,035€109,179€115,004€88,140€188,723▲ 114%
Line20212022202320242025Change
Assets
Total assets20/58€366,855€477,180€596,664€683,527€407,697▼ 40.4%
Fixed assets21/28€1,355€1,016€25,449€22,407€43,566▲ 94.4%
Tangible fixed assets22/27€1,355€1,016€25,449€22,407€20,066▼ 10.4%
Plant, machinery and equipment23€1,355€1,016€678€3,033€2,115▼ 30.3%
Furniture and vehicles24€0€0€24,772€19,374€17,951▼ 7.3%
Financial fixed assets28----€23,500-
Current assets29/58€365,499€476,164€571,215€661,120€364,131▼ 44.9%
Amounts receivable within one year40/41€16,756€38,107€13,746€27,061€58,626▲ 117%
Trade receivables40€16,756€38,107€13,746€26,262€36,722▲ 39.8%
Other amounts receivable41---€800€21,905▲ 2,639%
Current investments50/53-€296,348€291,941€291,941--
Cash at bank and in hand54/58€348,390€141,351€264,630€341,185€304,283▼ 10.8%
Deferred charges and accrued income490/1€353€359€898€932€1,222▲ 31.1%
Equity and liabilities
Total equity and liabilities10/49€366,855€477,180€596,664€683,527€407,697▼ 40.4%
Equity10/15€355,096€464,275€579,279€667,419€222,397▼ 66.7%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Reserves13€336,496€445,675€560,679€648,819€203,797▼ 68.6%
Non-distributable reserves130/1€1,860€1,860----
Reserves not available under the articles1311€1,860€1,860----
Distributable reserves133€334,636€443,815€560,679€648,819€203,797▼ 68.6%
Amounts payable17/49€11,758€12,905€17,385€16,108€185,300▲ 1,050%
Amounts payable within one year42/48€10,683€11,784€16,404€15,056€185,300▲ 1,131%
Trade debts44€819€895€297€894€428▼ 52.1%
Suppliers440/4€819€895€297€894€428▼ 52.1%
Taxes, remuneration and social security45€7,020€5,923€7,631€4,350€4,350=
Taxes450/3€7,020€5,923€7,631€4,350€4,350=
Other amounts payable47/48€2,844€4,965€8,476€9,812€180,522▲ 1,740%
Accrued charges and deferred income492/3€1,076€1,121€982€1,052--
Line20212022202320242025Change
Profit (loss) for the period9904€97,035€109,179€115,004€88,140€188,723▲ 114%
+ Depreciation and write-downs630€339€339€2,557€5,938€6,865▲ 15.6%
Operating cash flow (approximation)€97,374€109,518€117,561€94,077€195,588▲ 108%
Investment in fixed assets (approximation)-€0-€26,990-€2,895-€28,024▼ 868%
Change in cash--€207,040€123,279€76,556-€36,903▼ 148%

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 31-07-2027
2026
05-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Highest result since 2018net €188,723 ▲114%
Net result €188,723, the highest in the series.
24-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
20-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Equity above €500,000Eq €579,279 ▲24.8%
6 profitable years in a row build equity to €579,279.
15-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
02-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
25-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Liquidity triplescurrent ratio 20.23
Current ratio from 5.91 to 20.23; short-term debt falls from €34,797 to €12,850.
31-12
Financial Equity above €200,000Eq €245,662 ▲44.6%
3 profitable years in a row build equity to €245,662.
23-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Equity above €150,000Eq €169,888 ▲111%
2 profitable years in a row build equity to €169,888.
29-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
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, Waregem · 1 establishment unit since 2017
seat establishment The establishment unit on the map
Ground area
4,916 m²
Building footprint
802 m²
Volume, LiDAR
773 m³
2 parcels, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Kine Simon Cottens
Groene Wandeling 24, 8790 WaregemHuman health activities
since 20172.268.745.272
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34035A0544/00A000 Flanders 3,893 m² 1 · 674 m² 3.9 m
34040C0069/00C000 Flanders 1,023 m² 1 · 129 m² 7.9 m · 2 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.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 1

According to the 2025 annual accounts of SIMON COTTENS and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Public money · subsidies and aid

Flemish government

2022 to 2024 · 3 entries · 1,105 EUR awarded · 1,105 EUR paid
Year Entries awardedpaid
2024 1 691 EUR691 EUR
2023 1 162 EUR162 EUR
2022 1 252 EUR252 EUR
Schemes
3 entries · 1,105 EUR · 1,105 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Legal Entity Identifier

984500B9F6B6FEE74941
live in the LEI register

Identification & contact

Identification
Legal formPrivate limited company
Founded12-10-2017
Fiscal year end31-12
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.

What can you do?

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 30 September 2026 · Peppol Directory

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