Simons CV
ActiveSummary
Simons CV has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €69,072 and a net result of €5,880. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 22% of 28051 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability71▲+2
Solvency45▲+1
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity ample (current ratio 7.78 against 5.47 in 2024; short-term debt: 2.1% and cash: 9.6% of total assets), but 80.1% of the assets are financed with debt.
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Signals
Five 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
19.9%
Return on assets
1.7%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 28051 sector peers (2025).
NBB · sector comparisonPosition among 28051 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 15-12-2025, 47 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
47 d early
2024
45 d early
2023
35 d early
2022
41 d early
2021
45 d early
2020
45 d early
2019
46 d early
← 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 43 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close27-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€69,072▲ 8.4%
2024 · €63,725
Total assets
€347,652▲ 1.8%
2024 · €341,609
Net result
€5,880
2024 · -€18
Working capital
€49,857▲ 67.0%
2024 · €29,856
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€12,176▼ 4.8%€7,373▼ 39.4%€14,112▲ 91.4%-€719€6,239
Net result€10,474▼ 6.5%€6,280▼ 40.0%€12,975▲ 107%-€18€5,880
Equity€68,566▼ 10.6%€62,904▼ 8.3%€63,743▲ 1.3%€63,725=€69,072▲ 8.4%
Total assets€80,684▼ 5.6%€93,701▲ 16.1%€216,809▲ 131%€341,609▲ 57.6%€347,652▲ 1.8%
Debt€12,118▲ 37.1%€30,797▲ 154%€153,066▲ 397%€277,884▲ 81.5%€278,581▲ 0.3%
Working capital€58,485▼ 10.4%€45,961▼ 21.4%€54,859▲ 19.4%€29,856▼ 45.6%€49,857▲ 67.0%
Staff (FTE)0.4▼ 20.0%1▲ 150%1=1=0.5▼ 50.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
- 2024 Total assets +58% on 2023. Cause not known from the registers.
- 2023 Total assets +131% on 2022. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €6,239 after a loss of €719 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €347,652
Fixed assets
€290,439 ▼ 4.8%
Current assets
€57,213 ▲ 56.6%
Equity and liabilities €347,652
Equity
€69,072 ▲ 8.4%
Debt
€278,581 ▲ 0.3%
Debt's share of the balance-sheet total falls from 81.3% to 80.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€21,948▲
2024 · €16,437
Cash flow
€21,589▲
2024 · €17,138
Current ratio
7.78▲
2024 · 5.47
Quick ratio
7.68▲
2024 · 4.14
Debt to equity
4.03▼
2024 · 4.36
ROE
8.5%▲
2024 · 0.0%
ROA
1.7%▲
2024 · 0.0%
Interest coverage
13.04▼
2024 · 13.86
Debt ≤ 1 year
€7,356▲
2024 · €6,676
Debt > 1 year
€270,000=
2024 · €270,000
Income taxes
€164▲
2024 · -€250
Staff costs
€6,935▼
2024 · €13,020
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,972 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 96% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.2%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 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% | 1.6% |
| 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 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 3,972 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €13,640 | €12,565 | €13,020 | €6,935 | ▼ 46.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,625 | €6,861 | €7,143 | €17,156 | €15,709 | ▼ 8.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €85 | - |
| Other operating charges640/8 | - | €1,162 | €1,740 | €1,295 | €1,410 | ▲ 8.9% |
| Gross operating margin9900 | €27,143 | €29,037 | €35,561 | €30,751 | €30,378 | ▼ 1.2% |
| Operating profit (loss)9901 | €12,176 | €7,373 | €14,112 | -€719 | €6,239 | ▲ 968% |
| Financial income75/76B | - | €1,874 | €3,251 | €1,637 | €1,489 | ▼ 9.0% |
| Recurring financial income75 | €1,465 | €1,874 | €3,251 | €1,637 | €1,489 | ▼ 9.0% |
| Financial charges65/66B | - | €1,276 | €1,184 | €1,186 | €1,684 | ▲ 42.0% |
| Recurring financial charges65 | €402 | €1,276 | €1,184 | €1,186 | €1,684 | ▲ 42.0% |
| Profit (loss) for the period before taxes9903 | €13,239 | €7,971 | €16,178 | -€268 | €6,044 | ▲ 2,354% |
| Income taxes67/77 | €2,765 | €1,690 | €3,203 | -€250 | €164 | ▲ 166% |
| Profit (loss) for the period9904 | €10,474 | €6,280 | €12,975 | -€18 | €5,880 | ▲ 32,426% |
| Profit (loss) for the period to be appropriated9905 | €10,474 | €6,280 | €12,975 | -€18 | €5,880 | ▲ 32,426% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €80,684 | €93,701 | €216,809 | €341,609 | €347,652 | ▲ 1.8% |
| Fixed assets21/28 | €10,505 | €37,743 | €155,115 | €305,077 | €290,439 | ▼ 4.8% |
| Tangible fixed assets22/27 | €10,505 | €37,743 | €155,115 | €305,077 | €290,439 | ▼ 4.8% |
| Land and buildings22 | - | €6,329 | €127,411 | €280,849 | €271,563 | ▼ 3.3% |
| Plant, machinery and equipment23 | - | €2,186 | €3,347 | €3,247 | €3,183 | ▼ 2.0% |
| Furniture and vehicles24 | - | €29,228 | €24,357 | €20,981 | €15,692 | ▼ 25.2% |
| Current assets29/58 | €70,180 | €55,958 | €61,694 | €36,532 | €57,213 | ▲ 56.6% |
| Stocks and contracts in progress3 | €750 | €750 | €750 | €8,875 | €750 | ▼ 91.5% |
| Stocks30/36 | - | €750 | €750 | €750 | €750 | = |
| Contracts in progress37 | - | - | - | €8,125 | - | - |
| Amounts receivable within one year40/41 | €7,701 | €3,197 | €30,899 | €10,705 | €22,652 | ▲ 112% |
| Trade receivables40 | - | €631 | €3,247 | €10,312 | €21,320 | ▲ 107% |
| Other amounts receivable41 | - | €2,566 | €27,653 | €394 | €1,332 | ▲ 238% |
| Current investments50/53 | €15,547 | €9,199 | €17,698 | - | - | - |
| Cash at bank and in hand54/58 | €40,756 | €42,378 | €12,291 | €16,004 | €33,389 | ▲ 109% |
| Deferred charges and accrued income490/1 | - | €433 | €55 | €948 | €423 | ▼ 55.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €80,684 | €93,701 | €216,809 | €341,609 | €347,652 | ▲ 1.8% |
| Equity10/15 | €68,566 | €62,904 | €63,743 | €63,725 | €69,072 | ▲ 8.4% |
| Contributions10/11 | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Outside capital11 | - | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Other1109/19 | - | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Reserves13 | €43,566 | €37,904 | €38,743 | €38,743 | €44,072 | ▲ 13.8% |
| Non-distributable reserves130/1 | - | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Reserves not available under the articles1311 | - | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Distributable reserves133 | - | €35,404 | €36,243 | €36,243 | €41,572 | ▲ 14.7% |
| Profit (loss) carried forward14 | -€1,058 | - | - | -€18 | - | - |
| Amounts payable17/49 | €12,118 | €30,797 | €153,066 | €277,884 | €278,581 | ▲ 0.3% |
| Amounts payable after more than one year17 | - | €20,000 | €145,000 | €270,000 | €270,000 | = |
| Financial debts170/4 | - | €20,000 | €145,000 | €270,000 | €270,000 | = |
| Amounts payable within one year42/48 | €11,695 | €9,997 | €6,835 | €6,676 | €7,356 | ▲ 10.2% |
| Trade debts44 | €3,273 | €1,251 | €850 | €1,488 | €1,535 | ▲ 3.2% |
| Suppliers440/4 | - | €1,251 | €850 | €1,488 | €1,535 | ▲ 3.2% |
| Advances received on contracts in progress46 | - | - | €91 | - | - | - |
| Taxes, remuneration and social security45 | - | €3,565 | €5,375 | €3,806 | €2,633 | ▼ 30.8% |
| Taxes450/3 | - | €1,843 | €3,522 | €1,843 | €2,633 | ▲ 42.8% |
| Remuneration and social security454/9 | - | €1,722 | €1,853 | €1,964 | - | - |
| Other amounts payable47/48 | - | €5,181 | €518 | €1,382 | €3,189 | ▲ 131% |
| Accrued charges and deferred income492/3 | - | €800 | €1,231 | €1,208 | €1,224 | ▲ 1.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,474 | €6,280 | €12,975 | -€18 | €5,880 | ▲ 32,426% |
| + Depreciation and write-downs630 | €2,625 | €6,861 | €7,143 | €17,156 | €15,709 | ▼ 8.4% |
| Operating cash flow (approximation) | €13,099 | €13,141 | €20,118 | €17,138 | €21,589 | ▲ 26.0% |
| Investment in fixed assets (approximation) | - | -€34,099 | -€124,516 | -€167,117 | -€1,071 | ▲ 99.4% |
| Change in cash | - | €1,622 | -€30,087 | €3,713 | €17,385 | ▲ 368% |
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
2025
15-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Back to profitnet €5,880
Net result €5,880 after one loss-making year.
2024
17-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
27-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Highest result since 2019net €12,975 ▲107%
Operating result €14,112, net result €12,975, both a record.
2022
21-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
17-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
17-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Back to profitnet €11,196
Net result €11,196 after one loss-making year.
2019
16-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
10-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
11-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
12-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Kortenberg · 1 establishment unit since 2006
Ground area
1,268 m²
Building footprint
149 m²
Volume, LiDAR
892 m³
Parcel 24026D0178/00H000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Simons CV
since 20062.156.067.696
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24026D0178/00H000 | Flanders | 1,268 m² | 1 · 149 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 878 EUR awarded · 878 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 878 EUR | 878 EUR |
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Of 9,536 companies in sector 43222 we hold annual accounts for 5,667. 4,774 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
Founded28-06-2006
Fiscal year end30-06
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0882417710
Also
9925:BE0882417710
Registered
19-11-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.