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SIMONS ENGINEERING

Active
Private limited companyfounded 2025active for 1 yearPied du Bois Gilles 309, 4040 Herstal, BelgiumKBO/BCE: BE 1021.812.153
Summary

SIMONS ENGINEERING has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7,419 and a net result of €4,419. Its solvency ranks better than 52% of 11,632 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

Equity
€7,419
Total assets
€13,207
Net result
€4,419
Working capital
€7,419

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Equity and liabilities €13,207
Equity €7,419
Debt €5,788
Debt finances 43.8% of the balance-sheet total.
Key figures and ratios
2025 value
Current ratio
2.28
Debt to equity
0.78
ROE
59.6%
ROA
33.5%
Debt ≤ 1 year
€5,788
Income taxes
€1,695

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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 74.5% 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 11,280 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 · 31 lines
Balance sheet Code2025
Assets
Total assets20/58€13,207
Current assets29/58€13,207
Amounts receivable within one year40/41€1,117
Trade receivables40€1,104
Other amounts receivable41€13
Cash at bank and in hand54/58€12,063
Deferred charges and accrued income490/1€28
Equity and liabilities
Total equity and liabilities10/49€13,207
Equity10/15€7,419
Contributions10/11€3,000
Reserves13€4,419
Distributable reserves133€4,419
Amounts payable17/49€5,788
Amounts payable within one year42/48€5,788
Trade debts44€1,847
Suppliers440/4€1,847
Taxes, remuneration and social security45€2,047
Taxes450/3€2,047
Other amounts payable47/48€1,895
Income statement Code2025
Other operating charges640/8€450
Gross operating margin9900€6,623
Operating profit (loss)9901€6,174
Financial charges65/66B€60
Recurring financial charges65€60
Profit (loss) for the period before taxes9903€6,114
Income taxes67/77€1,695
Profit (loss) for the period9904€4,419
Profit (loss) for the period to be appropriated9905€4,419
Appropriation of the result
Profit (loss) to be appropriated9906€4,419
Transfer to equity691/2€4,419
To other reserves6921€4,419

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Other operating charges640/8€450
Gross operating margin9900€6,623
Operating profit (loss)9901€6,174
Financial charges65/66B€60
Recurring financial charges65€60
Profit (loss) for the period before taxes9903€6,114
Income taxes67/77€1,695
Profit (loss) for the period9904€4,419
Profit (loss) for the period to be appropriated9905€4,419
Line2025
Assets
Total assets20/58€13,207
Current assets29/58€13,207
Amounts receivable within one year40/41€1,117
Trade receivables40€1,104
Other amounts receivable41€13
Cash at bank and in hand54/58€12,063
Deferred charges and accrued income490/1€28
Equity and liabilities
Total equity and liabilities10/49€13,207
Equity10/15€7,419
Contributions10/11€3,000
Reserves13€4,419
Distributable reserves133€4,419
Amounts payable17/49€5,788
Amounts payable within one year42/48€5,788
Trade debts44€1,847
Suppliers440/4€1,847
Taxes, remuneration and social security45€2,047
Taxes450/3€2,047
Other amounts payable47/48€1,895
Line2025
Profit (loss) for the period9904€4,419
Operating cash flow (approximation)€4,419

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

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 19-06-2026 2026-00176376

Similar companies · same sector, comparable size

Of the 11,509 active companies whose main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121), figures are known for 6,710. 2,522 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.