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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).

Overview

Activity
Engineering and related technical consultancy, excluding land surveyors
NACE 71121
1 site
Size
€13,207total assets 2025
Equity
€7,419
Profit
€4,419
Turnover not published (micro format)
Financial health
96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Accounts 42 days early
Why 96raises riskFounded in 2025lowers riskSector: Architectural and engineering activities; technical testing and analysis (NACE 71)Liquidity: current ratio 2.28, cash €12,063Figures for financial year 2025 (filed 19-06-2026)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 70% of its sector peers (NACE 71, micro)
Financial strength
Strong
Solvency 81
equity 56.2% of total assets
Liquidity 79
short-term debt 43.8% · cash 91.3%
Profitability 100
return on assets 33.5%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (14,799 companies, NACE 71, micro)
Last 24 months 05-2026: 0.5% 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.5%● unchanged vs 07-2026 09-2026: 0.6%▲ +0.1 percentage points vs 08-2026highest value 10-2026: < 0.1%▼ -0.6 percentage points vs 09-2026lowest value
Credit of up to €500 on 30-day terms is acceptable
Liquidity ample (current ratio 2.28, above the usual 1.5; short-term debt: 43.8% and cash: 91.3% of total assets), and 43.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, micro): better than 54% on solvency, 68% on liquidity and 88% on profitability.

The bankruptcy probability was computed on 15-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
KBO
lowers risk · Liquidity: current ratio 2.28, cash €12,063
NBB · annual accounts
raises risk · Founded in 2025
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Figures for financial year 2025 (filed 19-06-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-06-2026, 42 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
42 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2025.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. IncorporationAppointment: SIMONS Raymond Jean Louis…

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.

Directors

Directors
No sitting directors in the Gazette act read. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 2 April 2025, SIMONS ENGINEERING was incorporated as a private limited company.1 The company has filed annual accounts once, for financial year 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
19-06
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
04-04
Gazette deed Incorporation
Appointment: SIMONS Raymond Jean Louis (director) · Founder · Founding capital8 facts ▸
  • Incorporation, 31-03-2025
  • Founder, SIMONS Raymond Jean Louis
  • Founding capital, €3,000
  • Capital, €3,000
  • Registered office clause, “4040 Herstal,Pied du Bois Gilles 309” (deed in French)
  • Board rule, 1
  • Director appointment, SIMONS Raymond Jean Louis (director (not named in the articles))
  • Other provision, “autorisations préalables accès profession, société pourrait devoir obtenir autorisations ou licences préalables ou remplir conditions” (deed in French)
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded02-04-2025
Financial year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
74999Other professional, scientific and technical activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:1021812153
Also 9925:BE1021812153
Registered 28-04-2025

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

Register as of 16 October 2026 · Peppol Directory

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

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Herstal · 1 establishment unit since 2025
registered office establishment The establishment unit on the map
Ground area
1,390 m²
Building footprint
38 m²
Parcel 62314F0520/00M000, Wallonia. Linked by address, not a title deed.
1 establishment unit
SIMONS ENGINEERING
Pied du Bois Gilles 309, 4040 HerstalEngineering and related technical consultancy, excluding land surveyors
since 2025unit no. 2.372.235.760
1 parcel
Wallonia 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
62314F0520/00M000 Wallonia 1,390 m² 1 · 38 m² -
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“L’activité de conseil en automation industrielle,électricité,électronique,robotique,et armement,; La supervision depuis l’étude jusqu'à la…” (deed in French)
5 activities (deed in French)
  1. L’activité de conseil en automation industrielle,électricité,électronique,robotique,et armement,...
  2. La supervision depuis l’étude jusqu'à la mise en service et la formation des utilisateurs,
  3. La recherche,la conception,l'engineering,la transformation,l'amélioration et la réalisation de tous matériels liés,
  4. L’étude et le conseil en mécanique de précision et outillages,industrialisation,audit technique de ligne de fabrication,munitions,
  5. L’activité d’intermédiaire commercial et de conseil,sous quelque forme que ce soit,dans les matières industrielles,commerciales,financières,immobilières et autres ;

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
SIMONS ENGINEERING
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région wallonne, sièges administratifs,agences,ateliers,dépôts et succursales,tant en Belgique qu'à l'étranger,par simple décision de…” (deed in French)

deed of 04-04-2025

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Nommés avec ou sans limitation de durée, un ou plusieurs administrateurs” (deed in French)
“Loi et statuts réservés à l'assemblée générale, faculté de déléguer partie” (deed in French)
“Frais représentation voyages déplacements, fixe ou proportionnelle” (deed in French)

deed of 04-04-2025

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Nominatives, registre des actions nominatives avec mentions Code des sociétés et des associations” (deed in French)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
One provision in the deed

deed of 04-04-2025

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Third Wednesday of June at 18:00

deed of 04-04-2025

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor
Dissolution ruleWhen and by whom the company can be dissolved.
“Assemblée générale délibérant formes modifications statuts, en tout temps” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Faculté assemblée générale désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments, dissolution pour quelque cause et…” (deed in French)

deed of 04-04-2025

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Appels de fonds, détermine librement,au fur et à mesure des besoins et aux époques qu'il jugera utiles,versements ultérieurs sur actions…” (deed in French)
Other provision: “Ouverture de la souscription, Apport en numéraire avec émission de nouvelles actions – droit de préférence” (deed in French)
Other provision: “Un ou plusieurs commissaires, contrôle de la société” (deed in French)
Other provision: “Séances procès-verbaux, liste présences,rapports éventuels,procurations,votes par correspondance” (deed in French)
Other provision: “Délibérations vote procurations, dispositions légales actions sans droit vote” (deed in French)
Other provision: “Trois semaines, séance tenante par organe d'administration” (deed in French)
Other provision: “Répartition réserves, bénéfice annuel net” (deed in French)
Liquidation distribution: “Apurement dettes charges frais ou consignation montants nécessaires, actif net entre tous actionnaires en proportion actions” (deed in French)
Other provision: “Toutes communications,sommations,assignations,significations valablement faites, élection de domicile” (deed in French)
Other provision: “Tribunaux du siège compétence exclusive, compétence judiciaire” (deed in French)
Other provision: “Droit commun, dispositions Code des sociétés et des associations auxquelles pas licitement dérogé” (deed in French)
5 more provisions in the deed, see the deed of 04-04-2025

deed of 04-04-2025