Simons Beheer
ActiveFinancials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 12-06-2026 PDF all 36 filings
Turnover
≈ €230,000
Estimated: probably between €180,000 and €320,000
Total assets
€2.3m▼ 6.1%
2024 · €2.5m
Net result
-€36,187
2024 · €12,973
Working capital
€273,229▼ 9.4%
2024 · €301,509
In the rankings
#4 oldest company in Bree, Administrative and support services sector#5 company by equity in Bree, Administrative and support services sector#6 company by total assets in Bree, Administrative and support services sector
Multi-year overview
2019 to 2025, 7 financial yearsOperating result
-€24,313
2025
20192025
Net result
-€36,187
2025
lowest quarter of the sector
20192025
Equity
€941,257
▼ 6.1%
2025
highest quarter of the sector
20192025
Total assets
€2.3m
▼ 6.1%
2025
highest quarter of the sector
20192025
Debt
€1.2m
▼ 5.5%
2025
20192025
Working capital
€273,229
▼ 9.4%
2025
middle half of the sector
20192025
Solvency
40.7%
=
2025
middle half of the sector
20192025
Current ratio
2.35
▼ 0.23
2025
middle half of the sector
20192025
Return on assets (ROA)
-1.6%
▼ 2.1pp
2025
lowest quarter of the sector
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result-€0.009m-€41-€0.04m-€0.06m▼ 46.0%-€0.002m▲ 96.0%€0.02m-€0.02m
Net result-€0.03m-€0.2mabove the sector's middle half€0.1mabove the sector's middle half▼ 29.6%€0.02mwithin the sector's middle half▼ 85.5%-€0.004mbelow the sector's middle half€0.01mwithin the sector's middle half-€0.04mbelow the sector's middle half
Equity€0.7m-€0.9mwithin the sector's middle half▲ 24.2%€1.0mwithin the sector's middle half▲ 13.7%€1.0mwithin the sector's middle half▼ 0.8%€1.0mwithin the sector's middle half▼ 2.5%€1.0mwithin the sector's middle half▲ 1.3%€0.9mabove the sector's middle half▼ 6.1%
Total assets€2.3m-€2.5mabove the sector's middle half▲ 7.6%€2.8mabove the sector's middle half▲ 10.3%€2.7mwithin the sector's middle half▼ 1.5%€2.5mwithin the sector's middle half▼ 6.1%€2.5mwithin the sector's middle half▼ 3.4%€2.3mabove the sector's middle half▼ 6.1%
Debt€1.4m-€1.4m▼ 3.4%€1.5m▲ 10.7%€1.5m▼ 1.0%€1.4m▼ 8.1%€1.3m▼ 5.9%€1.2m▼ 5.5%
Working capital€0.04m-€0.1mwithin the sector's middle half▲ 238%€0.2mwithin the sector's middle half▲ 5.3%€0.3mwithin the sector's middle half▲ 71.8%€0.3mwithin the sector's middle half▲ 19.4%€0.3mwithin the sector's middle half▼ 2.5%€0.3mwithin the sector's middle half▼ 9.4%
Solvency31.2%-36.0%within the sector's middle half▲ 4.8pp37.1%within the sector's middle half▲ 1.1pp37.4%within the sector's middle half▲ 0.3pp38.8%within the sector's middle half▲ 1.4pp40.7%within the sector's middle half▲ 1.9pp40.7%within the sector's middle half=
Current ratio1.20-2.04within the sector's middle half▲ 0.842.13within the sector's middle half▲ 0.092.18within the sector's middle half▲ 0.052.98within the sector's middle half▲ 0.802.58within the sector's middle half▼ 0.402.35within the sector's middle half▼ 0.23
Return on assets (ROA)-1.1%-7.0%within the sector's middle half▲ 8.1pp4.5%within the sector's middle half▼ 2.5pp0.7%within the sector's middle half▼ 3.8pp-0.1%below the sector's middle half▼ 0.8pp0.5%within the sector's middle half▲ 0.7pp-1.6%below the sector's middle half▼ 2.1pp
above
within
below
The sector band is the middle half of the companies in Office administrative, office support and other business support activities (NACE 82). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a loss of €24,313, after a profit of €15,848 in 2024.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.3m
Fixed assets
€1.8m ▼ 6.7%
Current assets
€475,608 ▼ 3.3%
Equity and liabilities €2.3m
Equity
€941,257 ▼ 6.1%
Provisions
€136,442 ▼ 11.3%
Debt
€1.2m ▼ 5.5%
Debt's share of the balance-sheet total rises from 53.0% to 53.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€135,531▼
2024 · €175,796
Cash flow
€123,657▼
2024 · €172,921
Debt to equity
1.31▲
2024 · 1.30
ROE
-3.8%▼
2024 · 1.3%
Interest coverage
5.74▼
2024 · 7.13
Debt ≤ 1 year
€202,379▲
2024 · €190,373
Debt > 1 year
€1.0m▼
2024 · €1.1m
Income taxes
€6,336▼
2024 · €24,501
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €614,521 | €88,024 | €11,456 | €48,211 | €27,819 |
| Financial fixed assets | €512 | €350 | - | - | - |
| Depreciation and write-downs of the year | €138,959 | €158,329 | €162,633 | €159,948 | €159,844 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €158,163 | €124,655 | €138,959 | €158,329 | €162,633 | €159,948 | €159,844 | ▼ 0.1% |
| Other operating charges640/8 | - | - | €9,286 | €26,566 | €16,855 | €19,109 | €18,087 | ▼ 5.3% |
| Gross operating margin9900 | €177,012 | €159,924 | €106,802 | €124,395 | €177,087 | €194,905 | €153,618 | ▼ 21.2% |
| Operating profit (loss)9901 | -€9,252 | €41 | -€41,443 | -€60,500 | -€2,401 | €15,848 | -€24,313 | - |
| Financial income75/76B | - | - | €207,529 | €88,422 | €20,142 | €29,156 | €768 | ▼ 97.4% |
| Recurring financial income75 | €1,425 | €387 | €207,529 | €7,648 | €20,142 | €28,476 | €768 | ▼ 97.3% |
| Non-recurring financial income76B | - | - | €207,529 | €80,774 | - | €680 | - | - |
| Financial charges65/66B | - | - | €40,942 | €27,700 | €27,429 | €24,662 | €23,609 | ▼ 4.3% |
| Recurring financial charges65 | €52,712 | €55,147 | €40,942 | €27,700 | €27,214 | €24,662 | €23,609 | ▼ 4.3% |
| Non-recurring financial charges66B | - | - | - | - | €215 | - | - | - |
| Profit (loss) for the period before taxes9903 | -€36,138 | €170,689 | €125,144 | €222 | -€9,688 | €20,342 | -€47,154 | - |
| Transfer from deferred taxes780 | - | - | €14,289 | €17,636 | €17,636 | €17,132 | €17,303 | ▲ 1.0% |
| Income taxes67/77 | - | €7,484 | €16,127 | €0 | €11,629 | €24,501 | €6,336 | ▼ 74.1% |
| Profit (loss) for the period9904 | -€26,250 | €175,180 | €123,306 | €17,858 | -€3,681 | €12,973 | -€36,187 | - |
| Transfer from tax-exempt reserves789 | - | - | €37,966 | €50,645 | €50,645 | €48,128 | €51,328 | ▲ 6.6% |
| Profit (loss) for the period to be appropriated9905 | €3,450 | €24,663 | €161,272 | €68,503 | €46,964 | €61,101 | €15,141 | ▼ 75.2% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €2.3m | €2.5m | €2.8m | €2.7m | €2.5m | €2.5m | €2.3m | ▼ 6.1% |
| Formation expenses20 | €0.01m | €0.01m | €0.01m | €0.007m | €0.005m | €0.004m | €0.002m | ▼ 33.3% |
| Fixed assets21/28 | €2.1m | €2.2m | €2.5m | €2.2m | €2.1m | €2.0m | €1.8m | ▼ 6.7% |
| Tangible fixed assets22/27 | €1.9m | €2.0m | €2.2m | €2.0m | €1.9m | €1.8m | €1.6m | ▼ 7.5% |
| Land and buildings22 | - | - | €2.2m | €2.0m | €1.9m | €1.7m | €1.6m | ▼ 7.4% |
| Plant, machinery and equipment23 | - | - | €0.001m | €0.001m | €0.01m | €0.009m | €0.006m | ▼ 33.3% |
| Furniture and vehicles24 | - | - | €0.002m | - | - | - | - | - |
| Assets under construction and advance payments27 | - | - | €495 | €330 | - | - | - | - |
| Financial fixed assets28 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Current assets29/58 | €0.2m | €0.3m | €0.3m | €0.5m | €0.5m | €0.5m | €0.5m | ▼ 3.3% |
| Stocks and contracts in progress3 | €0.002m | €0.001m | €0.001m | - | - | - | - | - |
| Stocks30/36 | - | - | €0.001m | - | - | - | - | - |
| Amounts receivable within one year40/41 | €0.09m | €0.2m | €0.2m | €0.5m | €0.4m | €0.4m | €0.4m | ▲ 6.9% |
| Trade receivables40 | - | - | €0.02m | €0.02m | €0.03m | €0.02m | €0.05m | ▲ 108% |
| Other amounts receivable41 | - | - | €0.2m | €0.4m | €0.3m | €0.4m | €0.4m | ▲ 0.6% |
| Cash at bank and in hand54/58 | €0.2m | €0.1m | €0.1m | €0.02m | €0.09m | €0.09m | €0.05m | ▼ 42.8% |
| Deferred charges and accrued income490/1 | - | - | €0.001m | €0.001m | €0.001m | €0.003m | - | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €2.3m | €2.5m | €2.8m | €2.7m | €2.5m | €2.5m | €2.3m | ▼ 6.1% |
| Equity10/15 | €0.7m | €0.9m | €1.0m | €1.0m | €1.0m | €1.0m | €0.9m | ▼ 6.1% |
| Contributions10/11 | €0.03m | - | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Reserves13 | €0.7m | €0.9m | €1.0m | €1.0m | €1.0m | €1.0m | €0.9m | ▼ 6.3% |
| Tax-exempt reserves132 | - | - | €0.5m | €0.5m | €0.4m | €0.4m | €0.3m | ▼ 13.0% |
| Distributable reserves133 | - | - | €0.4m | €0.5m | €0.5m | €0.6m | €0.6m | ▼ 1.7% |
| Provisions and deferred taxes16 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.1m | ▼ 11.3% |
| Deferred taxes168 | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.1m | ▼ 11.3% |
| Amounts payable17/49 | €1.4m | €1.4m | €1.5m | €1.5m | €1.4m | €1.3m | €1.2m | ▼ 5.5% |
| Amounts payable after more than one year17 | €1.2m | €1.2m | €1.4m | €1.3m | €1.2m | €1.1m | €1.0m | ▼ 7.5% |
| Financial debts170/4 | - | - | €1.4m | €1.3m | €1.2m | €1.1m | €1.0m | ▼ 7.5% |
| Amounts payable within one year42/48 | €0.2m | €0.1m | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 6.3% |
| Current portion of amounts payable after more than one year42 | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | ▲ 5.5% |
| Trade debts44 | €0.02m | €0.01m | €0.008m | €0.07m | - | - | €0.03m | - |
| Suppliers440/4 | - | - | €0.008m | €0.07m | - | - | €0.03m | - |
| Taxes, remuneration and social security45 | - | - | €0.02m | €0.01m | €0.02m | €0.07m | €0.02m | ▼ 65.8% |
| Taxes450/3 | - | - | €0.02m | €0.01m | €0.02m | €0.07m | €0.02m | ▼ 65.8% |
| Other amounts payable47/48 | - | - | €81 | €0.02m | €0.02m | €244 | €0.02m | ▲ 102× |
| Accrued charges and deferred income492/3 | - | - | €0.001m | €0 | €0 | - | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€26,250 | €175,180 | €123,306 | €17,858 | -€3,681 | €12,973 | -€36,187 | - |
| + Depreciation and write-downs630 | €158,163 | €124,655 | €138,959 | €158,329 | €162,633 | €159,948 | €159,844 | ▼ 0.1% |
| Operating cash flow (approximation) | €131,913 | €299,835 | €262,265 | €176,187 | €158,952 | €172,921 | €123,657 | ▼ 28.5% |
| Investment in fixed assets (approximation) | - | -€266,388 | -€394,659 | €72,762 | -€12,559 | -€48,211 | -€27,819 | ▲ 42.3% |
| Change in cash | - | -€53,907 | -€3,013 | -€79,190 | €69,682 | €6,458 | -€40,533 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 8,617 companies had the same profile as Simons Beheer has now. Two years later, 94.1% were still going and 0.4% had gone bankrupt.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
94.1%
was still going
5.2%
stopped otherwise
0.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Simons Beheer itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 8,617 companies, not a prediction for Simons Beheer. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 36 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 12-06-2026 | 2026-00156023 | |
| 31-12-2024 | abbreviated format | 11-06-2025 | 2025-00131111 | |
| 31-12-2023 | abbreviated format | 17-06-2024 | 2024-00133474 | |
| 31-12-2022 | abbreviated format | 12-06-2023 | 2023-00118958 | |
| 31-12-2021 | abbreviated format | 31-08-2022 | 2022-20366215 | |
| 31-12-2020 | abbreviated format | 14-06-2021 | 2021-19600267 | |
| 30-06-2019 | abbreviated format | 28-01-2020 | 2020-02400222 | |
| 30-06-2018 | abbreviated format | 28-12-2018 | 2018-76000134 | |
| 30-06-2017 | abbreviated format | 03-01-2018 | 2018-00200224 | |
| 30-06-2016 | abbreviated format | 24-01-2017 | 2017-02100427 |