SIMON et Cie
ActiveSIMON et Cie has been active since 1971 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.04M and a net result of €-108k. Equity is growing by ~2.5% per year across the filed fiscal years. Its solvency ranks better than 79% of 5989 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
64
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability33▼-1
Solvency94=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130k at 30 days acceptable
Liquidity ample (current ratio 2.23 against 2.3 in 2023; short-term debt: 15.3% and cash: 0.9% of total assets), and 31.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
68.9%
Return on assets
-3.6%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-108k
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 25-06-2025, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
61 d early
2022
28 d early
2021
54 d early
2020
17 d late
2019
3 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
€-108k▼ 43.5%
2023 · €-75k
2018: €-16k
2019: €-22k
2020: €17k
2021: €60k
2022: €44k
2023: €-75k
2018 → 2024
Working capital
€559k▼ 8.4%
2023 · €610k
2018: €422k
2019: €469k
2020: €493k
2021: €582k
2022: €646k
2023: €610k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€2.14M-€2.19M▲ 2.5%€2.23M▲ 1.7%€2.15M▼ 3.3%€2.04M▼ 5.1%
Operating result€42k-€80k▲ 89.5%€66k▼ 17.3%€-22k€-71k▼ 228%
Net result€17k-€60k▲ 264%€44k▼ 27.1%€-75k€-108k▼ 43.5%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €71k in 2024 against €22k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.97M
Fixed assets
€1.96M▼ 3.9%
Current assets
€1.01M▼ 6.1%
Equity and liabilities €2.97M
Equity
€2.04M▼ 5.1%
Debt
€923k▼ 3.6%
The debt ratio rises from 30.8% to 31.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€98k▼
2023 · €131k
Cash flow
€61k▼
2023 · €78k
Solvency
68.9%▼
2023 · 69.2%
Current ratio
2.23▼
2023 · 2.30
Quick ratio
0.25▼
2023 · 0.50
Debt / equity
0.45▲
2023 · 0.44
ROE
-5.3%▼
2023 · -3.5%
ROA
-3.6%▼
2023 · -2.4%
Interest coverage
2.30▲
2023 · 2.14
Debt
€923k▼
2023 · €958k
Debt ≤ 1 year
€454k▼
2023 · €468k
Debt > 1 year
€463k▼
2023 · €485k
Income taxes
€721▲
2023 · €689
Staff costs
€223k▼
2023 · €234k
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€3.11M€2.97M▼
Formation expenses20€0€0=
Fixed assets21/28€2.03M€1.96M▼
Intangible fixed assets21€130k€122k▼
Tangible fixed assets22/27€1.90M€1.83M▼
Land and buildings22€1.53M€1.52M▼
Plant, machinery and equipment23€225k€204k▼
Furniture and vehicles24€151k€112k▼
Financial fixed assets28€1k€1k=
Current assets29/58€1.08M€1.01M▼
Stocks and contracts in progress3€844k€897k▲
Stocks30/36€844k€897k▲
Amounts receivable within one year40/41€144k€78k▼
Trade receivables40€138k€71k▼
Other amounts receivable41€6k€7k▲
Current investments50/53€1€1=
Cash at bank and in hand54/58€81k€26k▼
Deferred charges and accrued income490/1€9k€12k▲
Equity and liabilities
Total equity and liabilities10/49€3.11M€2.97M▼
Equity10/15€2.15M€2.04M▼
Contributions10/11€517k€517k=
Revaluation surpluses12€1.41M€1.40M▼
Reserves13€208k€222k▲
Non-distributable reserves130/1€39k€39k=
Reserves not available under the articles1311€39k€39k=
Tax-exempt reserves132€22k€22k=
Distributable reserves133€147k€161k▲
Profit (loss) carried forward14€3k€-105k▼
Investment grants15€14k€11k▼
Amounts payable17/49€958k€923k▼
Amounts payable after more than one year17€485k€463k▼
Financial debts170/4€310k€288k▼
Other amounts payable178/9€175k€175k=
Amounts payable within one year42/48€468k€454k▼
Current portion of amounts payable after more than one year42€54k€65k▲
Financial debts43-€50k
Credit institutions430/8-€50k
Trade debts44€376k€307k▼
Suppliers440/4€376k€307k▼
Taxes, remuneration and social security45€35k€25k▼
Taxes450/3€11k€8k▼
Remuneration and social security454/9€24k€17k▼
Other amounts payable47/48€3k€6k▲
Accrued charges and deferred income492/3€5k€7k▲
Income statement
Code20232024
Remuneration, social security and pensions62€234k€223k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€153k€169k▲
Other operating charges640/8€19k€20k▲
Gross operating margin9900€384k€341k▼
Operating profit (loss)9901€-22k€-71k▼
Financial income75/76B€9k€7k▼
Recurring financial income75€9k€7k▼
Financial charges65/66B€61k€43k▼
Recurring financial charges65€61k€43k▼
Profit (loss) for the period before taxes9903€-74k€-107k▼
Income taxes67/77€689€721▲
Profit (loss) for the period9904€-75k€-108k▼
Profit (loss) for the period to be appropriated9905€-75k€-108k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€-105k▼
Profit (loss) brought forward from the previous period14P€78k€3k▼
Social balance
Average headcount (FTE)90875.04.9▼
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-108k
Net result drops to €-108k, the lowest in the series.
31-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €60k ▲264%
Operating result €80k, net result €60k, both a record.
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 17 days late
2020
31-12
Financial
Back to profitnet €17k
Net result €17k after 2 loss-making years.
31-12
Financial
Equity above €2MEq €2.14M ▲226%
Equity rises from €656k to €2.14M.
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 27 days late
2017
27-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 27 days late
2016
05-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 5 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Momignies · 1 establishment unit since 1978
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.
Rue Mahy (MGS) 406590 MomigniesGround area
729 m²
Building footprint
200 m²
Volume, LiDAR
1,210 m³
Parcel 56051B0499/00P000, Wallonia · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue Mahy (MGS) 40, 6590 Momignies
since 19782.015.734.135
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56051B0499/00P000 | Wallonia | 729 m² | 1 · 200 m² | 8.2 m · 2 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.
Similar companies · same sector, comparable size
EM FINANCE
BE 0435.336.988
Hove · Eq €2.02M
CERES GL
BE 0886.272.469
Hove · Eq €2.00M
S+ BENELUX
BE 0755.719.377
Antwerpen · Eq €1.99M
D EN D BULKMANS
BE 0453.709.580
Antwerpen · Eq €2.11M
JOHNSON MATTHEY BELGIUM
BE 0525.636.466
Machelen (Brab.) · Eq €1.97M
Of 732 companies in sector 46820 we hold annual accounts for 388. 282 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-10-1971
Fiscal year end31-12
Activities, NACEBEL
46820Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 46 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.