Simon De Meyer
ActiveSummary
Simon De Meyer has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €116,988 and a net result of €69,255. Its solvency ranks better than 90% of 9,396 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 29-06-2023 Normal situation
- Activity
- General construction of residential buildings NACE 41001and 1 other
- Establishment unit
- 2.347.968.736 9050 Gent, since 29-06-2023
- Financial year end
- 30 September
- Peppol
- Reachable since 04-01-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.7%
- Gross margin
- €91,343
- ▲ 61.7%
- Turnover
- ≈ €480,000
- estimated
- Profit
- €69,255
- ▲ 62.1%
- Equity
- €116,988
- ▲ 145%
- Total assets
- €142,577
- ▲ 88.5%
- 2025 accounts filed 61 days after the deadline
Score breakdownraises riskFounded in 2023Sector: Construction of residential and non-residential buildings (NACE 41)lowers riskLiquidity: current ratio 5.27, cash €84,701Equity €116,988 (82.1% of total assets)Show the evidence
Checked score
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 92% of them on solvency, 94% on liquidity, 91% on profitability and 92% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 2 accounts on average 30 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 61 days after the deadline Filed on 30 June 2026, deadline 30 April 2026 (7 months after the close on 30 September 2025, Companies Code art. 3:10). Source: NBB, 2026-00262506.
Annual accounts 2025 filed on 30-06-2026 at the NBB all 2 filings
Every figure per financial year
The operating result for 2025 is 58% higher than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 30-09-2024 | 30-09-2025 |
|---|---|---|
| Tangible fixed assets | - | €10,323 |
| Depreciation and write-downs of the year | - | €2,718 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €2,718 | - |
| Other operating charges640/8 | €997 | €726 | ▼ 27.1% |
| Gross operating margin9900 | €56,478 | €91,343 | ▲ 61.7% |
| Operating profit (loss)9901 | €55,480 | €87,898 | ▲ 58.4% |
| Financial income75/76B | €408 | €492 | ▲ 20.6% |
| Recurring financial income75 | €408 | €492 | ▲ 20.6% |
| Financial charges65/66B | €2,202 | €1,649 | ▼ 25.1% |
| Recurring financial charges65 | €2,202 | €1,649 | ▼ 25.1% |
| Profit (loss) for the period before taxes9903 | €53,686 | €86,742 | ▲ 61.6% |
| Income taxes67/77 | €10,953 | €17,487 | ▲ 59.7% |
| Profit (loss) for the period9904 | €42,733 | €69,255 | ▲ 62.1% |
| Profit (loss) for the period to be appropriated9905 | €42,733 | €69,255 | ▲ 62.1% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €75,639 | €142,577 | ▲ 88.5% |
| Fixed assets21/28 | - | €7,605 | - |
| Tangible fixed assets22/27 | - | €7,605 | - |
| Furniture and vehicles24 | - | €7,605 | - |
| Current assets29/58 | €75,639 | €134,973 | ▲ 78.4% |
| Amounts receivable within one year40/41 | €44,966 | €49,810 | ▲ 10.8% |
| Trade receivables40 | €31,891 | €44,468 | ▲ 39.4% |
| Other amounts receivable41 | €13,075 | €5,342 | ▼ 59.1% |
| Cash at bank and in hand54/58 | €30,304 | €84,701 | ▲ 180% |
| Deferred charges and accrued income490/1 | €369 | €462 | ▲ 25.1% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €75,639 | €142,577 | ▲ 88.5% |
| Equity10/15 | €47,733 | €116,988 | ▲ 145% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €42,733 | €111,988 | ▲ 162% |
| Amounts payable17/49 | €27,906 | €25,590 | ▼ 8.3% |
| Amounts payable within one year42/48 | €27,906 | €25,590 | ▼ 8.3% |
| Trade debts44 | €16,953 | €7,961 | ▼ 53.0% |
| Suppliers440/4 | €16,953 | €7,961 | ▼ 53.0% |
| Taxes, remuneration and social security45 | €10,953 | €17,629 | ▲ 60.9% |
| Taxes450/3 | €10,953 | €17,629 | ▲ 60.9% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €42,733 | €69,255 | ▲ 62.1% |
| + Depreciation and write-downs630 | - | €2,718 | - |
| Operating cash flow (approximation) | €42,733 | €71,973 | ▲ 68.4% |
| Change in cash | - | €54,397 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as Simon De Meyer has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Simon De Meyer itself: 0.7% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for Simon De Meyer. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Owners and capital
Shareholders
- De Meyer,Simon Michel Dieter all shares
Capital transactions
- 03-07-2023 Incorporation · €5,000 · 100 shares
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, 1”
Articles of association, deed of 03-07-2023 (in Dutch)
Network & group
Simon De Meyer shares no director with another company.
Companies at the same address
1 other companyConnections & network
1 current directorThe network starts from the directors of Simon De Meyer. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
03-07
Gazette deed
IncorporationStarting capital €5,000 · Appointment: De Meyer,Simon Michel Dieter (director) · Founder8 points ▸
- Incorporation, 28-06-2023
- Founder, De Meyer,Simon Michel Dieter
- Founding capital, €5,000
- Other provision, “ontstaan rechtspersoonlijkheid, vanaf datum neerlegging uittreksel akte op griffie ondernemingsrechtbank” (deed in Dutch)
- Registered office clause, “9050 Gentbrugge,Robert Rinskopflaan 77” (deed in Dutch)
- Director appointment, De Meyer,Simon Michel Dieter (director)
- De Meyer,Simon Michel Dieter holds all the shares
- Power of attorney, Jeroen Parmentier
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Simon De Meyer was incorporated on 29 June 2023 as a private limited company by one natural person, with a starting capital of €5,000.12 De Meyer,Simon Michel Dieter is director of the company, appointed in the act of 03-07-2023.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
14 activities
- Reparatie van elektrische apparatuur
- Handel in elektriciteit
- Sanering en ander afvalbeheer
- Bouw van civieltechnische werken voor elektriciteit en telecommunicatie
- Slopen van gebouwen en andere bouwwerken
- Elektrotechnische installatiewerken aan gebouwen zoals onder meer de installatie van elektrische bedrading en toebehoren,bedrading voor telefooninstallaties en computersystemen,bewakingssystemen en alarminstallaties tegen diefstal
- Installatie van verlichtings- en signaleringssystemen voor wegen en spoorwegen,in havens en luchthavens (inclusief de installatie van verkeersborden)
- Gespecialiseerde bouwwerkzaamheden in de ruimste betekenis van het woord
- Handelsbemiddeling in hout en bouwmaterialen,elektrische en elektronisch materiaal (inclusief installatiemateriaal voor industrieel gebruik),loodgietersmateriaal,elektrisch installatiemateriaal voor huishoudelijk gebruik en verwarmingsinstallaties
- Groothandel in elektrische huishoudelijke apparaten en audio- en videoapparatuur,verlichtingsapparatuur,elektronische en telecommunicatieapparatuur en delen daarvan,elektrisch materiaal (inclusief installatiemateriaal),bouwmaterialen (algemeen assortiment) en ijzerwaren voor algemeen gebruik,werktuigen en elektrisch aangedreven handgereedschap
- Bouwmarkten en andere doe-het-zelfzaken in bouwmaterialen (algemeen assortiment)
- Detail- en kleinhandel in elektrische huishoudapparaten,verlichtingsartikelen en tweedehandsgoederen zoals meubels en afbraakmateriaal
- Uitwerken van realisaties van projecten op het gebied van de elektriciteit en elektronica
- Reparatie van consumentenelektronica
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0803.354.691
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44362B0334/00G002 | Flanders | 161 m² | 1 · 85 m² | 11.4 m · 3 |