SIMON'S & CO
ActiveSummary
The computed 12-month bankruptcy probability of SIMON'S & CO is 4.5% (elevated). The 2025 annual accounts show negative equity (-€10,688) and a net result of €10,535. Equity is shrinking by ~39.5% per year across the filed fiscal years. Its solvency ranks better than 12% of 13683 sector peers (fiscal year 2025). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
4.5%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.28 against 0.17 in 2024; short-term debt: 180.9% and cash: 36.3% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Seven 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 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 2025Solvency, return and age of the figures
Solvency
-80.9%
Return on assets
79.8%
Age of the figures
9 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 13683 sector peers (2025).
NBB · sector comparisonPosition among 13683 sector peers
Solvency
better than 12%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 10 filingsDeviation from the deadline
2025
27 d late
2024
on the day
2023
142 d late
2022
47 d late
2021
60 d late
2020
101 d late
2019
140 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 74 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed 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 16 September (4 of the last 5 filed years within 47 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€10,535▲ 163%
2024 · €4,004
Working capital
-€17,139▲ 31.0%
2024 · -€24,849
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: 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. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€5,127▲ 11.5%-€4,006▲ 21.9%-€3,660▲ 8.6%€5,692€11,373▲ 99.8%
Net result-€5,687below the sector's middle half▲ 38.2%-€5,009within the sector's middle half▲ 11.9%-€5,252within the sector's middle half▼ 4.9%€4,004within the sector's middle half€10,535within the sector's middle half▲ 163%
Equity-€14,965below the sector's middle half▼ 61.3%-€19,974below the sector's middle half▼ 33.5%-€25,226below the sector's middle half▼ 26.3%-€21,222below the sector's middle half▲ 15.9%-€10,688below the sector's middle half▲ 49.6%
Total assets€13,711below the sector's middle half▼ 4.2%€13,836below the sector's middle half▲ 0.9%€10,370below the sector's middle half▼ 25.1%€12,755below the sector's middle half▲ 23.0%€13,204below the sector's middle half▲ 3.5%
Debt€28,676▲ 21.5%€33,810▲ 17.9%€35,596▲ 5.3%€33,977▼ 4.5%€23,892▼ 29.7%
Working capital-€4,192within the sector's middle half▼ 39.6%-€7,907within the sector's middle half▼ 88.6%-€21,347within the sector's middle half▼ 170%-€24,849within the sector's middle half▼ 16.4%-€17,139within the sector's middle half▲ 31.0%
Solvency-109.1%below the sector's middle half▼ 44.3pp-144.4%below the sector's middle half▼ 35.2pp-243.3%below the sector's middle half▼ 98.9pp-166.4%below the sector's middle half▲ 76.9pp-80.9%below the sector's middle half▲ 85.4pp
Current ratio0.58within the sector's middle half▼ 0.090.43below the sector's middle half▼ 0.150.11below the sector's middle half▼ 0.330.17below the sector's middle half▲ 0.060.28below the sector's middle half▲ 0.12
Return on assets (ROA)-41.5%below the sector's middle half▲ 22.8pp-36.2%below the sector's middle half▲ 5.3pp-50.7%below the sector's middle half▼ 14.5pp31.4%above the sector's middle half▲ 82.0pp79.8%above the sector's middle half▲ 48.4pp
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.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 100% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €13,204
Fixed assets
€6,452 ▼ 17.7%
Current assets
€6,752 ▲ 37.3%
Key figures and ratios
EBITDA
€11,446
Cash flow
€10,608
Quick ratio
0.25▲
2024 · 0.14
Debt to equity
-2.24▼
2024 · -1.60
Interest coverage
17.23
Debt ≤ 1 year
€23,892▼
2024 · €29,766
Income taxes
€174▼
2024 · €338
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,632 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 92% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a profit of 5% of the balance sheet or more
2.9%
went bankrupt
4.8%
stopped otherwise
92%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 4.5% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 3,632 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €28 | - | €73 | - |
| Other operating charges640/8 | €696 | €1,441 | €1,365 | €598 | €2,713 | ▲ 354% |
| Gross operating margin9900 | -€4,431 | -€2,565 | -€2,266 | €6,290 | €14,159 | ▲ 125% |
| Operating profit (loss)9901 | -€5,127 | -€4,006 | -€3,660 | €5,692 | €11,373 | ▲ 99.8% |
| Financial income75/76B | €37 | €309 | €1 | €51 | €0 | ▼ 99.9% |
| Recurring financial income75 | €37 | €309 | €1 | €51 | €0 | ▼ 99.9% |
| Financial charges65/66B | €548 | €1,032 | €1,583 | €1,401 | €664 | ▼ 52.6% |
| Recurring financial charges65 | €548 | €1,032 | €1,583 | €1,091 | €664 | ▼ 39.1% |
| Non-recurring financial charges66B | - | - | - | €310 | - | - |
| Profit (loss) for the period before taxes9903 | -€5,639 | -€4,729 | -€5,242 | €4,342 | €10,708 | ▲ 147% |
| Income taxes67/77 | €48 | €280 | €10 | €338 | €174 | ▼ 48.5% |
| Profit (loss) for the period9904 | -€5,687 | -€5,009 | -€5,252 | €4,004 | €10,535 | ▲ 163% |
| Profit (loss) for the period to be appropriated9905 | -€5,687 | -€5,009 | -€5,252 | €4,004 | €10,535 | ▲ 163% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €13,711 | €13,836 | €10,370 | €12,755 | €13,204 | ▲ 3.5% |
| Fixed assets21/28 | €7,838 | €7,838 | €7,838 | €7,838 | €6,452 | ▼ 17.7% |
| Tangible fixed assets22/27 | - | - | - | - | €1,377 | - |
| Plant, machinery and equipment23 | - | - | - | - | €1,377 | - |
| Financial fixed assets28 | €7,838 | €7,838 | €7,838 | €7,838 | €5,075 | ▼ 35.2% |
| Current assets29/58 | €5,874 | €5,999 | €2,532 | €4,917 | €6,752 | ▲ 37.3% |
| Stocks and contracts in progress3 | €929 | €822 | €798 | €669 | €773 | ▲ 15.6% |
| Stocks30/36 | €929 | €822 | €798 | €669 | €773 | ▲ 15.6% |
| Amounts receivable within one year40/41 | €1,045 | - | €206 | €774 | €754 | ▼ 2.7% |
| Trade receivables40 | - | - | €206 | €774 | €754 | ▼ 2.7% |
| Other amounts receivable41 | €1,045 | - | - | - | - | - |
| Current investments50/53 | €1,007 | €654 | €1 | - | - | - |
| Cash at bank and in hand54/58 | €2,597 | €4,217 | €1,458 | €3,064 | €4,791 | ▲ 56.3% |
| Deferred charges and accrued income490/1 | €296 | €306 | €70 | €410 | €435 | ▲ 6.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €13,711 | €13,836 | €10,370 | €12,755 | €13,204 | ▲ 3.5% |
| Equity10/15 | -€14,965 | -€19,974 | -€25,226 | -€21,222 | -€10,688 | ▲ 49.6% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€33,565 | -€38,574 | -€43,826 | -€39,822 | -€29,288 | ▲ 26.5% |
| Amounts payable17/49 | €28,676 | €33,810 | €35,596 | €33,977 | €23,892 | ▼ 29.7% |
| Amounts payable after more than one year17 | - | €6,094 | €2,706 | - | - | - |
| Financial debts170/4 | - | €6,094 | €2,706 | - | - | - |
| Amounts payable within one year42/48 | €10,066 | €13,906 | €23,879 | €29,766 | €23,892 | ▼ 19.7% |
| Current portion of amounts payable after more than one year42 | - | €3,153 | €3,388 | €2,706 | - | - |
| Financial debts43 | - | - | - | - | €492 | - |
| Credit institutions430/8 | - | - | - | - | €492 | - |
| Trade debts44 | €4,033 | €2,498 | €3,293 | €1,778 | €1,463 | ▼ 17.7% |
| Suppliers440/4 | €4,033 | €2,498 | €3,293 | €1,778 | €1,463 | ▼ 17.7% |
| Taxes, remuneration and social security45 | €164 | €1,457 | €748 | €1,484 | €1,991 | ▲ 34.2% |
| Taxes450/3 | €164 | €1,457 | €748 | €1,484 | €1,991 | ▲ 34.2% |
| Other amounts payable47/48 | €5,869 | €6,798 | €16,450 | €23,799 | €19,946 | ▼ 16.2% |
| Accrued charges and deferred income492/3 | €18,611 | €13,811 | €9,011 | €4,211 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,687 | -€5,009 | -€5,252 | €4,004 | €10,535 | ▲ 163% |
| + Depreciation and write-downs630 | - | - | €28 | - | €73 | - |
| Operating cash flow (approximation) | -€5,687 | -€5,009 | -€5,224 | €4,004 | €10,608 | ▲ 165% |
| Investment in fixed assets (approximation) | - | €0 | -€28 | €0 | €1,313 | - |
| Change in cash | - | €1,620 | -€2,759 | €1,606 | €1,726 | ▲ 7.5% |
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
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
31-12
Financial
Highest result since 2018net €10,535 ▲163%
Operating result €11,373, net result €10,535, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €4,004
Net result €4,004 after 5 loss-making years.
20-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 142 days late
2023
16-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 47 days late
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
2021
09-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 101 days late
2020
31-12
Financial
Weakest financial yearnet -€9,203
Net result drops to -€9,203, the lowest in the series; recovery starts the following year.
18-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 140 days late
2019
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
6 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, Brussel · 2 establishment units since 2007
Ground area
211 m²
Building footprint
208 m²
Volume, LiDAR
2,362 m³
2 parcels, Brussels · tallest building 18.1 m, ±5 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
SIMON'S CAFE
since 20072.169.200.112
LE SIMON'S
since 20112.202.764.684
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21342B0117/00Z003 | Brussels | 117 m² | 1 · 114 m² | 15.4 m · 4 fl. |
| 21803C0398/00K000 | Brussels | 94 m² | 1 · 93 m² | 18.1 m · 5 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrussel2.202.764.684
Similar companies · same sector, comparable size
JIMBO
BE 1023.257.750
Lierde · Eq €6,920
BL PROJECTS
BE 0692.736.287
Leuven · Eq €6,945
CAFE RUDINA
BE 0736.421.822
Brussel · Eq €6,887
CITE DE RAVENSTEIN
BE 0452.020.790
Brussel · Eq €6,978
BOIS D'AVROY HORECA
BE 0817.945.966
Liège · Eq €6,874
Of 14,001 companies in sector 56301 we hold annual accounts for 4,899. 3,162 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
Founded30-08-2007
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
E-invoicing
Reachable via Peppol
Peppol ID
0208:0891736737
Also
9925:BE0891736737
Registered
22-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.