Simon GN
ActiveSummary
The computed 12-month bankruptcy probability of Simon GN is 6.8% (elevated). The annual accounts of Simon GN for fiscal year 2024 show a net loss of 105% of total assets and of 58% of the equity at the start of that year. The 2024 annual accounts show equity of €23,707 and a net result of -€33,132. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 88% of 18940 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-77
Solvency100▲+27
Growth35▼-50
Track record100
Bankruptcy probability, 12 months
6.8%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 3.34 against 0.67 in 2023; short-term debt: 21.8% and cash: 5.1% of total assets), and 25% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
+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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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
75%
Return on assets
-104.8%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
30 d late
2023
17 d late
2022
25 d late
2021
100 d late
2020
89 d late
2019
173 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 72 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
€79,392▼ 58.7%
2023 · €192,417
EBIT margin
-40.7%▼ 47.7pp
2023 · 7.1%
Net result
-€33,132
2023 · €8,258
Working capital
€16,112
2023 · -€18,623
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€139,703€192,417▲ 37.7%€79,392▼ 58.7%
Operating result€11,149€12,904▲ 15.7%€27,812▲ 116%€13,594▼ 51.1%-€32,286
Net result€8,835within the sector's middle half€10,009within the sector's middle half▲ 13.3%€20,820above the sector's middle half▲ 108%€8,258within the sector's middle half▼ 60.3%-€33,132below the sector's middle half
EBIT margin19.9%7.1%▼ 12.8pp-40.7%▼ 47.7pp
Equity€17,841within the sector's middle half▲ 98.1%€27,850within the sector's middle half▲ 56.1%€48,580within the sector's middle half▲ 74.4%€56,839within the sector's middle half▲ 17.0%€23,707within the sector's middle half▼ 58.3%
Total assets€72,191within the sector's middle half▲ 13.8%€79,506within the sector's middle half▲ 10.1%€90,625within the sector's middle half▲ 14.0%€119,438within the sector's middle half▲ 31.8%€31,627below the sector's middle half▼ 73.5%
Debt€54,350▼ 0.1%€51,655▼ 5.0%€42,045▼ 18.6%€62,599▲ 48.9%€7,920▼ 87.3%
Working capital-€29,949within the sector's middle half▲ 26.7%-€31,340below the sector's middle half▼ 4.6%-€19,480within the sector's middle half▲ 37.8%-€18,623within the sector's middle half▲ 4.4%€16,112within the sector's middle half
Solvency24.7%within the sector's middle half▲ 10.5pp35.0%within the sector's middle half▲ 10.3pp53.6%within the sector's middle half▲ 18.6pp47.6%within the sector's middle half▼ 6.0pp75.0%above the sector's middle half▲ 27.4pp
Current ratio0.45within the sector's middle half▲ 0.200.39below the sector's middle half▼ 0.060.54within the sector's middle half▲ 0.140.67within the sector's middle half▲ 0.133.34above the sector's middle half▲ 2.67
Return on assets (ROA)12.2%within the sector's middle half▲ 30.2pp12.6%within the sector's middle half▲ 0.4pp23.0%above the sector's middle half▲ 10.4pp6.9%within the sector's middle half▼ 16.1pp-104.8%below the sector's middle half▼ 111.7pp
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €32,286 after €13,594 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €31,627
Fixed assets
€8,622 ▼ 89.5%
Current assets
€23,004 ▼ 38.6%
Equity and liabilities €31,627
Equity
€23,707 ▼ 58.3%
Debt
€7,920 ▼ 87.3%
Debt's share of the balance-sheet total falls from 52.4% to 25.0%. Equity and debt are lower.
Key figures and ratios
Debt to equity
0.33▼
2023 · 1.10
ROE
-139.8%▼
2023 · 14.5%
Debt ≤ 1 year
€6,893▼
2023 · €56,110
Debt > 1 year
€1,027▼
2023 · €6,489
Income taxes
€627▼
2023 · €5,232
Staff costs
€6,837▼
2023 · €18,723
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,597 companies that looked in July 2024 the way this one looks now, 2.8% went bankrupt within 24 months and 87% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
2.8%
went bankrupt
9.2%
stopped otherwise
87%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 6.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 3,597 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | €139,703 | €192,417 | €79,392 | ▼ 58.7% |
| Goods, raw materials, services and sundry goods60/61 | - | - | €134,072 | €151,154 | €65,596 | ▼ 56.6% |
| Remuneration, social security and pensions62 | - | €14,043 | €20,920 | €18,723 | €6,837 | ▼ 63.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,614 | €10,740 | €13,060 | €13,803 | - | - |
| Other operating charges640/8 | - | €587 | €1,597 | €2,431 | €2,118 | ▼ 12.9% |
| Non-recurring operating charges66A | - | - | - | - | €45,824 | - |
| Gross operating margin9900 | €32,511 | €38,274 | €63,389 | €48,550 | €22,493 | ▼ 53.7% |
| Operating profit (loss)9901 | €11,149 | €12,904 | €27,812 | €13,594 | -€32,286 | ▼ 338% |
| Financial income75/76B | - | - | €91 | - | - | - |
| Recurring financial income75 | - | - | €91 | - | - | - |
| Financial charges65/66B | - | €91 | €268 | €103 | €219 | ▲ 111% |
| Recurring financial charges65 | €449 | €91 | €268 | €103 | €219 | ▲ 111% |
| Profit (loss) for the period before taxes9903 | €10,699 | €12,813 | €27,634 | €13,490 | -€32,505 | ▼ 341% |
| Income taxes67/77 | €1,864 | €2,804 | €6,814 | €5,232 | €627 | ▼ 88.0% |
| Profit (loss) for the period9904 | €8,835 | €10,009 | €20,820 | €8,258 | -€33,132 | ▼ 501% |
| Profit (loss) for the period to be appropriated9905 | €8,835 | €10,009 | €20,820 | €8,258 | -€33,132 | ▼ 501% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €72,191 | €79,506 | €90,625 | €119,438 | €31,627 | ▼ 73.5% |
| Fixed assets21/28 | €47,790 | €59,190 | €68,060 | €81,951 | €8,622 | ▼ 89.5% |
| Intangible fixed assets21 | €14,525 | €12,425 | €10,325 | €8,225 | - | - |
| Tangible fixed assets22/27 | €33,265 | €38,765 | €49,113 | €65,104 | - | - |
| Plant, machinery and equipment23 | - | €20,399 | €22,270 | €18,793 | - | - |
| Furniture and vehicles24 | - | €4,461 | €2,198 | €4,671 | - | - |
| Other tangible fixed assets26 | - | €13,905 | €24,645 | €41,639 | - | - |
| Financial fixed assets28 | - | €8,000 | €8,622 | €8,622 | €8,622 | = |
| Current assets29/58 | €24,401 | €20,316 | €22,565 | €37,487 | €23,004 | ▼ 38.6% |
| Stocks and contracts in progress3 | - | €1,891 | €5,531 | €22,496 | - | - |
| Stocks30/36 | - | €1,891 | €5,531 | €22,496 | - | - |
| Amounts receivable within one year40/41 | €14,164 | €16,548 | €15,778 | €13,194 | €21,385 | ▲ 62.1% |
| Trade receivables40 | - | €1,497 | €7,101 | - | - | - |
| Other amounts receivable41 | - | €15,051 | €8,677 | €13,194 | €21,385 | ▲ 62.1% |
| Cash at bank and in hand54/58 | €9,654 | €1,877 | €1,256 | €1,797 | €1,619 | ▼ 9.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €72,191 | €79,506 | €90,625 | €119,438 | €31,627 | ▼ 73.5% |
| Equity10/15 | €17,841 | €27,850 | €48,580 | €56,839 | €23,707 | ▼ 58.3% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Outside capital11 | - | €18,600 | - | - | - | - |
| Other1109/19 | - | €18,600 | - | - | - | - |
| Reserves13 | €91 | €9,250 | €29,980 | €38,239 | €5,107 | ▼ 86.6% |
| Non-distributable reserves130/1 | - | €91 | - | - | - | - |
| Reserves not available under the articles1311 | - | €91 | - | - | - | - |
| Distributable reserves133 | - | €9,160 | €29,980 | €38,239 | €5,107 | ▼ 86.6% |
| Profit (loss) carried forward14 | -€850 | - | - | - | - | - |
| Amounts payable17/49 | €54,350 | €51,655 | €42,045 | €62,599 | €7,920 | ▼ 87.3% |
| Amounts payable after more than one year17 | - | - | - | €6,489 | €1,027 | ▼ 84.2% |
| Financial debts170/4 | - | - | - | €6,489 | €1,027 | ▼ 84.2% |
| Amounts payable within one year42/48 | €54,350 | €51,655 | €42,045 | €56,110 | €6,893 | ▼ 87.7% |
| Current portion of amounts payable after more than one year42 | - | - | €909 | €6,372 | €519 | ▼ 91.9% |
| Trade debts44 | €11,479 | €4,822 | €33,105 | €17,820 | - | - |
| Suppliers440/4 | - | €4,822 | €33,105 | €17,820 | - | - |
| Taxes, remuneration and social security45 | - | €25,898 | €8,030 | €13,935 | €6,374 | ▼ 54.3% |
| Taxes450/3 | - | €2,804 | €8,030 | €13,671 | €6,374 | ▼ 53.4% |
| Remuneration and social security454/9 | - | €23,094 | - | €265 | - | - |
| Other amounts payable47/48 | - | €20,935 | - | €17,983 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,835 | €10,009 | €20,820 | €8,258 | -€33,132 | ▼ 501% |
| + Depreciation and write-downs630 | €8,614 | €10,740 | €13,060 | €13,803 | - | - |
| Operating cash flow (approximation) | €17,449 | €20,749 | €33,881 | €22,061 | -€33,132 | ▼ 250% |
| Investment in fixed assets (approximation) | - | -€22,140 | -€21,931 | -€27,693 | €73,329 | ▲ 365% |
| Change in cash | - | -€7,778 | -€621 | €541 | -€178 | ▼ 133% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-12
Financial
Weakest financial yearnet -€33,132
Net result drops to -€33,132, the lowest in the series.
31-12
Financial
Liquidity times 5current ratio 3.34
Current ratio from 0.67 to 3.34; short-term debt falls from €56,110 to €6,893.
17-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 17 days late
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
31-12
Financial
Highest result since 2018net €20,820 ▲108%
Operating result €27,812, net result €20,820, both a record.
08-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 100 days late
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
20-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 173 days late
2020
31-12
Financial
Back to profitnet €8,835
Net result €8,835 after one loss-making year.
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 16 acts read
About the unread acts
We know of 16 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
16 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, Ukkel · 2 establishment units since 2020
Ground area
1,953 m²
Building footprint
715 m²
Volume, LiDAR
8,159 m³
3 parcels, Brussels, Flanders, Wallonia · tallest building 29.3 m, ±8 floors. Linked by address, not a title deed.
345
companies at this address
See who is registered here
2 establishment units
GABRIEL
since 20202.316.141.749
KSARA
since 20252.374.373.621
3 parcels
Flanders
1
(33.3%)
Wallonia
1
(33.3%)
Brussels
1
(33.3%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25087C0457/00R000 | Wallonia | 1,366 m² | 1 · 120 m² | 7.5 m · 2 fl. |
| 21616A0121/00Y002 | Brussels | 347 m² | 1 · 329 m² | 17.1 m · 2 fl. |
| 31013A0315/00_000indicative | Flanders | 240 m² | 1 · 266 m² | 29.3 m · 8 fl. |
Linked by address, not proof of ownership
Good to know
2 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLasne2.316.141.749
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Of 20,505 companies in sector 56111 we hold annual accounts for 11,464. 9,094 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded25-08-2017
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Contact
E-mail
scropion0076@hotmail.comLasne
Phone
0483640083Lasne
E-invoicing
Reachable via Peppol
Peppol ID
0208:0680431739
Also
9925:BE0680431739
Registered
31-12-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.