Simons A Corporation
ActiveThe computed 12-month bankruptcy probability of Simons A Corporation is 2.0% (moderate). The annual accounts of Simons A Corporation for fiscal year 2024 show a net loss of 51% of the equity at the start of that year. The 2024 annual accounts show equity of €18k and a net result of €-19k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 42% of 15867 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
33
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency54▼-16
Growth78=
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 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 tight (current ratio 1.41 against 1.82 in 2023; short-term debt: 71% and cash: 10.4% of total assets), and 71% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
29%
Return on assets
-30.4%
Age of the figures
21 mo
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 · 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
192021222324
2019 to 2024 · latest year €-19k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
57 d late
2022
59 d late
2021
30 d late
2020
81 d late
2019
41 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€18k▼ 51.2%
2023 · €37k
2019: €-137
2020: €23k
2021: €62k
2022: €56k
2023: €37k
2019 → 2024
Total assets
€63k▼ 24.2%
2023 · €83k
2019: €31
2020: €39k
2021: €70k
2022: €64k
2023: €83k
2019 → 2024
Net result
€-19k▼ 4.8%
2023 · €-18k
2019: €-36k
2020: €23k
2021: €39k
2022: €-7k
2023: €-18k
2019 → 2024
Working capital
€18k▼ 51.2%
2023 · €37k
2019: €-137
2020: €17k
2021: €59k
2022: €56k
2023: €37k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€23k-€62k▲ 171%€56k▼ 10.5%€37k▼ 32.8%€18k▼ 51.2%
Operating result€23k-€39k▲ 69.4%€-7k€-18k▼ 180%€-19k▼ 4.8%
Net result€23k-€39k▲ 69.9%€-7k€-18k▼ 180%€-19k▼ 4.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €19k in 2024 against €18k 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
Equity and liabilities €63k
Equity
€18k▼ 51.2%
Debt
€45k▼ 2.1%
The debt ratio rises from 55.0% to 71.0%. Equity and debt are lower.
Key figures and ratios
Solvency
29.0%▼
2023 · 45.0%
Current ratio
1.41▼
2023 · 1.82
Quick ratio
1.41▼
2023 · 1.82
Debt / equity
2.45▲
2023 · 1.22
ROE
-104.8%▼
2023 · -48.8%
ROA
-30.4%▼
2023 · -22.0%
Debt
€45k▼
2023 · €46k
Debt ≤ 1 year
€45k▼
2023 · €46k
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€83k€63k▼
Current assets29/58€83k€63k▼
Amounts receivable after more than one year29€5k€15k▲
Other amounts receivable291€5k€15k▲
Amounts receivable within one year40/41€48k€42k▼
Trade receivables40€18k€17k▼
Other amounts receivable41€29k€25k▼
Cash at bank and in hand54/58€30k€7k▼
Equity and liabilities
Total equity and liabilities10/49€83k€63k▼
Equity10/15€37k€18k▼
Contributions10/11€36k€36k=
Profit (loss) carried forward14€1k€-18k▼
Amounts payable17/49€46k€45k▼
Amounts payable within one year42/48€46k€45k▼
Trade debts44€41k€11k▼
Suppliers440/4€41k€11k▼
Taxes, remuneration and social security45€5k-
Taxes450/3€5k-
Other amounts payable47/48-€34k
Income statement
Code20232024
Other operating charges640/8€2k-
Gross operating margin9900€-16k€-19k▼
Operating profit (loss)9901€-18k€-19k▼
Profit (loss) for the period before taxes9903€-18k€-19k▼
Profit (loss) for the period9904€-18k€-19k▼
Profit (loss) for the period to be appropriated9905€-18k€-19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1k€-18k▼
Profit (loss) brought forward from the previous period14P€20k€1k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 57 days late
2023
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Highest result since 2019net €39k ▲69.9%
Operating result €39k, net result €39k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 8.64
Current ratio from 2.05 to 8.64; short-term debt falls from €17k to €8k.
20-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 81 days late
2020
31-12
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
31-12
Financial
Liquidity times 11current ratio 2.05
Current ratio from 0.18 to 2.05.
10-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 41 days late
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, Wetteren · 1 establishment unit since 2019
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.
Schooldreef 169230 WetterenGround area
122 m²
Building footprint
102 m²
Volume, LiDAR
722 m³
Parcel 42302E0833/00D003, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Simons A Corporation
since 20192.286.777.572
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42302E0833/00D003 | Flanders | 122 m² | 1 · 102 m² | 9.2 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.
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Of 1,804 companies in sector 46831 we hold annual accounts for 1,398. 410 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded15-02-2019
Fiscal year end31-12
Trade name NL
Simons A-invest, Simons A-bouw, Simons A-IT, Simons A-zorgcentrum, Simons A-advies.
Activities, NACEBEL
46831Wholesale of construction materials, general range
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.