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SIMONS E & N

Active
Private limited company (pre-2019)founded 200323 yrs activeHouwaartstraat 216, 3270 Scherpenheuvel-Zichem, BelgiumKBO/BCE: BE 0479.714.389
Summary

SIMONS E & N has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€16,519) and a net result of €332. Equity is shrinking by ~20.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.4% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability48▲+21
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.01 against 0.02 in 2024; short-term debt: 119.3% of total assets), and equity is negative.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 2025
Solvency, return and age of the figures
Solvency
-57.9%
Return on assets
1.2%
Age of the figures
18 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 23 years 0 30 y
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 21-10-2025, 10 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
10 d early
2024
18 d early
2023
6 d early
2022
1 d late
2021
2 d late
2020
13 d late
2019
3 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 3 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 25 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
31-03-2026 close28-09-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 4 March 2003, SIMONS E & N was incorporated.1 Total assets went from EUR 45,176 in 2019 to EUR 28,532 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, micro schema

Equity
-€16,519▲ 2.0%
2024 · -€16,851
Total assets
€28,532▼ 5.6%
2024 · €30,209
Net result
€332
2024 · -€1,705
Working capital
-€33,538▼ 14.9%
2024 · -€29,197
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-€1,471▼ 16.6%-€1,099▲ 25.2%-€374▲ 66.0%-€251▲ 32.9%€1,478
Net result-€3,754▲ 1.0%-€3,121▲ 16.8%-€2,120▲ 32.1%-€1,705▲ 19.6%€332
Equity-€9,905▼ 61.0%-€13,027▼ 31.5%-€15,146▼ 16.3%-€16,851▼ 11.3%-€16,519▲ 2.0%
Total assets€39,189▼ 7.1%€36,196▼ 7.6%€33,202▼ 8.3%€30,209▼ 9.0%€28,532▼ 5.6%
Debt€49,094▲ 1.6%€49,222▲ 0.3%€48,349▼ 1.8%€47,060▼ 2.7%€45,051▼ 4.3%
Working capital-€10,300▼ 8.0%-€20,309▼ 97.2%-€24,806▼ 22.1%-€29,197▼ 17.7%-€33,538▼ 14.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€4,000-€2,000€0€2,000Operating result 2021: -€1,471-€1,471Net result 2021: -€3,754-€3,754Operating result 2022: -€1,099-€1,099Net result 2022: -€3,121-€3,121Operating result 2023: -€374-€374Net result 2023: -€2,120-€2,120Operating result 2024: -€251-€251Net result 2024: -€1,705-€1,705Operating result 2025: €1,478€1,478Net result 2025: €332€33220212022202320242025-€3,000-€2,000-€1,000€0€1,000Operating result 2023: -€374-€374Net result 2023: -€2,120-€2,120Operating result 2024: -€251-€251Net result 2024: -€1,705-€1,700Operating result 2025: €1,478€1,480Net result 2025: €332€332202320242025
The operating result returns to profit in 2025: €1,478 after a loss of €251 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €28,532
Fixed assets €28,023 ▼ 5.6%
Current assets €509 =
Key figures and ratios
2025 value · change against 2024
EBITDA
€3,813▲
2024 · €2,743
Cash flow
€2,668▲
2024 · €1,289
Solvency
-57.9%▼
2024 · -55.8%
Current ratio
0.01▼
2024 · 0.02
Debt to equity
-2.73▲
2024 · -2.79
ROA
1.2%▲
2024 · -5.6%
Interest coverage
3.33▲
2024 · 1.89
Debt ≤ 1 year
€34,047▲
2024 · €29,706
Debt > 1 year
€11,003▼
2024 · €17,354
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,448 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a profit under 5% of the balance sheet
2.1% went bankrupt
4.8% stopped otherwise
92% still going

A further 1.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.4% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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 1,448 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines
Balance sheet Code20242025
Assets
Total assets20/58€30,209€28,532▼
Fixed assets21/28€29,700€28,023▼
Tangible fixed assets22/27€29,700€28,023▼
Land and buildings22€29,700€28,023▼
Current assets29/58€509€509=
Amounts receivable within one year40/41€509€509=
Other amounts receivable41€509€509=
Equity and liabilities
Total equity and liabilities10/49€30,209€28,532▼
Equity10/15-€16,851-€16,519▲
Contributions10/11€6,200€6,200=
Reserves13€15,048€15,048=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€13,188€13,188=
Profit (loss) carried forward14-€38,100-€37,767▲
Amounts payable17/49€47,060€45,051▼
Amounts payable after more than one year17€17,354€11,003▼
Financial debts170/4€17,354€11,003▼
Amounts payable within one year42/48€29,706€34,047▲
Current portion of amounts payable after more than one year42€5,679€6,351▲
Trade debts44€809-
Suppliers440/4€809-
Other amounts payable47/48€23,218€27,697▲
Income statement Code20242025
Non-recurring operating income76A-€658
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,993€2,335▼
Other operating charges640/8€638€493▼
Gross operating margin9900€3,381€4,306▲
Operating profit (loss)9901-€251€1,478▲
Financial charges65/66B€1,454€1,146▼
Recurring financial charges65€1,454€1,146▼
Profit (loss) for the period before taxes9903-€1,705€332▲
Profit (loss) for the period9904-€1,705€332▲
Profit (loss) for the period to be appropriated9905-€1,705€332▲
Appropriation of the result
Profit (loss) to be appropriated9906-€38,100-€37,767▲
Profit (loss) brought forward from the previous period14P-€36,395-€38,100▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A----€658-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,994€2,994€2,993€2,993€2,335▼ 22.0%
Other operating charges640/8-€572€590€638€493▼ 22.7%
Gross operating margin9900€2,421€2,466€3,210€3,381€4,306▲ 27.4%
Operating profit (loss)9901-€1,471-€1,099-€374-€251€1,478▲ 690%
Financial charges65/66B-€2,022€1,746€1,454€1,146▼ 21.2%
Recurring financial charges65€2,283€2,022€1,746€1,454€1,146▼ 21.2%
Profit (loss) for the period before taxes9903-€3,754-€3,121-€2,120-€1,705€332▲ 120%
Profit (loss) for the period9904-€3,754-€3,121-€2,120-€1,705€332▲ 120%
Profit (loss) for the period to be appropriated9905-€3,754-€3,121-€2,120-€1,705€332▲ 120%
Line20212022202320242025Change
Assets
Total assets20/58€39,189€36,196€33,202€30,209€28,532▼ 5.6%
Fixed assets21/28€38,680€35,687€32,693€29,700€28,023▼ 5.6%
Tangible fixed assets22/27€38,680€35,687€32,693€29,700€28,023▼ 5.6%
Land and buildings22-€35,687€32,693€29,700€28,023▼ 5.6%
Current assets29/58€509€509€509€509€509=
Amounts receivable within one year40/41€509€509€509€509€509=
Other amounts receivable41-€509€509€509€509=
Equity and liabilities
Total equity and liabilities10/49€39,189€36,196€33,202€30,209€28,532▼ 5.6%
Equity10/15-€9,905-€13,027-€15,146-€16,851-€16,519▲ 2.0%
Contributions10/11-€6,200€6,200€6,200€6,200=
Reserves13€15,048€15,048€15,048€15,048€15,048=
Non-distributable reserves130/1-€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311-€1,860€1,860€1,860€1,860=
Distributable reserves133-€13,188€13,188€13,188€13,188=
Profit (loss) carried forward14-€31,154-€34,275-€36,395-€38,100-€37,767▲ 0.9%
Amounts payable17/49€49,094€49,222€48,349€47,060€45,051▼ 4.3%
Amounts payable after more than one year17€38,285€28,404€23,033€17,354€11,003▼ 36.6%
Financial debts170/4-€28,404€23,033€17,354€11,003▼ 36.6%
Amounts payable within one year42/48€10,809€20,819€25,315€29,706€34,047▲ 14.6%
Current portion of amounts payable after more than one year42-€5,079€5,371€5,679€6,351▲ 11.8%
Trade debts44---€809--
Suppliers440/4---€809--
Other amounts payable47/48-€15,740€19,945€23,218€27,697▲ 19.3%
Line20212022202320242025Change
Profit (loss) for the period9904-€3,754-€3,121-€2,120-€1,705€332▲ 120%
+ Depreciation and write-downs630€2,994€2,994€2,993€2,993€2,335▼ 22.0%
Operating cash flow (approximation)-€760-€128€874€1,289€2,668▲ 107%
Investment in fixed assets (approximation)-€0€0€0-€658-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2025
21-10
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial Back to profitnet €332
Net result €332 after 6 loss-making years.
2024
13-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2023
25-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2022
01-11
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
2021
02-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2020
13-11
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2019
28-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
27-12
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 57 days late
2017
19-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
03-10
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, Scherpenheuvel-Zichem · 1 establishment unit since 2003
seat establishment The establishment unit on the map
Ground area
252 m²
Building footprint
205 m²
Volume, LiDAR
899 m³
Parcel 24098B0464/00N003, Flanders · tallest building 10.1 m, ±1 floor. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
HET BAKKERIJKE
Houwaartstraat 216, 3270 Scherpenheuvel-ZichemManufacture of leather and related products
since 20032.127.161.104
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24098B0464/00N003 Flanders 252 m² 1 · 205 m² 10.1 m · 1 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.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded04-03-2003
Fiscal year end31-03
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.