SIMON EDDY
ActiveSIMON EDDY has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €246k and a net result of €6k. Equity is growing by ~6.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 3549 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
75
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability71▼-5
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 3.58 against 10.64 in 2023; short-term debt: 11% and cash: 18.3% of total assets), and 11% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 23-06-2025, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
51 d early
2022
47 d early
2021
60 d early
2020
54 d early
2019
42 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€6k▼ 78.9%
2023 · €28k
2018: €71k
2019: €66k
2020: €98k
2021: €29k
2022: €49k
2023: €28k
2018 → 2024
Working capital
€79k▼ 63.7%
2023 · €217k
2018: €65k
2019: €129k
2020: €268k
2021: €329k
2022: €306k
2023: €217k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€389k-€418k▲ 7.5%€439k▲ 5.0%€448k▲ 1.9%€246k▼ 45.0%
Operating result€114k-€66k▼ 42.2%€68k▲ 4.1%€41k▼ 40.3%€8k▼ 80.6%
Net result€98k-€29k▼ 70.1%€49k▲ 67.5%€28k▼ 44.0%€6k▼ 78.9%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 81% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €277k
Fixed assets
€168k▼ 27.3%
Current assets
€109k▼ 54.4%
Equity and liabilities €277k
Equity
€246k▼ 45.0%
Debt
€30k▲ 35.5%
The debt ratio rises from 4.8% to 11.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€71k▼
2023 · €105k
Cash flow
€69k▼
2023 · €92k
Solvency
89.0%▼
2023 · 95.2%
Current ratio
3.58▼
2023 · 10.64
Quick ratio
3.09▼
2023 · 10.47
Debt / equity
0.12▲
2023 · 0.05
ROE
2.4%▼
2023 · 6.2%
ROA
2.1%▼
2023 · 5.9%
Interest coverage
289.25▼
2023 · 402.69
Debt
€30k▲
2023 · €22k
Debt ≤ 1 year
€30k▲
2023 · €22k
Income taxes
€2k▼
2023 · €13k
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€470k€277k▼
Fixed assets21/28€231k€168k▼
Tangible fixed assets22/27€231k€168k▼
Plant, machinery and equipment23€71k€52k▼
Furniture and vehicles24€152k€111k▼
Other tangible fixed assets26€7k€5k▼
Current assets29/58€239k€109k▼
Stocks and contracts in progress3€4k€15k▲
Contracts in progress37€4k€15k▲
Amounts receivable within one year40/41€45k€31k▼
Trade receivables40€30k€17k▼
Other amounts receivable41€15k€14k▼
Cash at bank and in hand54/58€190k€51k▼
Deferred charges and accrued income490/1-€13k
Equity and liabilities
Total equity and liabilities10/49€470k€277k▼
Equity10/15€448k€246k▼
Contributions10/11€19k€20k▲
Reserves13€222k€220k▼
Non-distributable reserves130/1€222k€220k▼
Reserves not available under the articles1311€222k€220k▼
Profit (loss) carried forward14€207k€6k▼
Amounts payable17/49€22k€30k▲
Amounts payable within one year42/48€22k€30k▲
Trade debts44€13k€8k▼
Suppliers440/4€13k€8k▼
Other amounts payable47/48€9k€22k▲
Income statement
Code20232024
Non-recurring operating income76A€7k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€64k€63k▼
Other operating charges640/8€3k€4k▲
Non-recurring operating charges66A€63-
Gross operating margin9900€107k€75k▼
Operating profit (loss)9901€41k€8k▼
Financial income75/76B€234€119▼
Recurring financial income75€234€119▼
Financial charges65/66B€260€245▼
Recurring financial charges65€260€245▼
Profit (loss) for the period before taxes9903€41k€8k▼
Income taxes67/77€13k€2k▼
Profit (loss) for the period9904€28k€6k▼
Profit (loss) for the period to be appropriated9905€28k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€234k€213k▼
Profit (loss) brought forward from the previous period14P€207k€207k▲
Transfer to equity691/2€8k-
To other reserves6921€8k-
Profit to be distributed694/7€19k€207k▲
Return on contributions (dividend)694€19k€207k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €6k ▼78.9%
Net result drops to €6k, the lowest in the series.
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
01-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
07-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Highest result since 2018net €98k ▲47.9%
Operating result €114k, net result €98k, both a record.
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
05-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
04-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
31-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
02-06
NBB filing
Annual accounts filed
fiscal year 2015 · full 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, Herve · 1 establishment unit since 2013
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.
Sarémont 24653 HerveGround area
2,897 m²
Building footprint
66 m²
Volume, LiDAR
628 m³
Parcel 63010A0418/00K000, Wallonia · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Sarémont 2, 4653 Herve
since 20132.224.778.934
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63010A0418/00K000 | Wallonia | 2,897 m² | 1 · 66 m² | 10.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
6 categoriesSIMON EDDY SRL42560
Similar companies · same sector, comparable size
De Preter
BE 0463.231.418
Tremelo · Eq €246k
GRONDWERKEN VANDEWALLE
BE 0454.219.326
Ieper · Eq €246k
Grond- en tuinwerken Lauwers
BE 0823.829.710
Duffel · Eq €247k
P. de Sart - Balaes
BE 0878.417.152
Oreye · Eq €246k
ARCSOL
BE 0735.763.311
Tenneville · Eq €248k
Of 8,452 companies in sector 43120 we hold annual accounts for 3,231. 2,526 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-11-2013
Fiscal year end31-12
Activities, NACEBEL
43120Site preparation
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.