Equity
SIMPOOLS has made a profit in every financial year since 2022.
SIMPOOLS has made a profit in every financial year since 2022.
The micro format states no turnover.
Short-term debts fell from €60,126 to €44,592.
The last four annual accounts were filed 52 to 57 days before the end of the period.
Board changed. Latest change 09-10-2026 · 2 in office.
The dashed line is the sector median: 0.7% across 47,695 companies (NACE 43, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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 43, micro). It does better than 35% of them on solvency, 78% on liquidity, 37% on profitability and 42% on growth.
The bankruptcy probability was computed on 06-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 5,047 companies had the same profile as SIMPOOLS has now. Each dot stands for 13 companies, two years later.
The bankruptcy probability of SIMPOOLS itself is lower: 0.4% within 12 months. It rests on far more data about SIMPOOLS than the profile alone.
The method was tested on the 497,447 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 5,047 companies, not a prediction for SIMPOOLS. 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.
Liquidity is ample, with a current ratio of 1.79 (1.16 in 2024), above the usual 1.5. Short-term debt is 41.8% and cash 43.6% of total assets. However, 66.6% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 4 accounts on average 55 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| SIMPOOLS Merelbeke-Melle | - | - | 33.4% | - |
| LUCIANO CONSTRUCT Haaltert | €212,743 | 7.0% | 24.1% | - |
| ART VEKA Ghent | €136,490 | -2.4% | 39.2% | - |
| LUC & CO Sint-Pieters-Leeuw | €113,722 | 17.4% | 60.2% | - |
| TPS CONSTRUCT Manage | - | - | 46.4% | - |
| DaMaFF Uccle | - | - | 81.1% | - |
| LUMI BAT Brussels | - | - | 86.7% | - |
These companies have the same main activity as SIMPOOLS: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €97,100 and €116,000, founded between 2021 and 2022.
SIMPOOLS files the micro format. That format states no turnover. The gross margin fell from €44,556 in 2022 to €19,223 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €260,000. Estimated: probably between €140,000 and €510,000.
Higher than 35% of 35,074 companies in 2025.
Higher than 49% of 34,450 companies in 2025.
Higher than 27% of 34,650 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff costs divided by the average number of full-time equivalents.
In 2025, 1 person joined and 1 left.
| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
106,616 | 103,866 | 54,679 | 74,287 | |
21/28 |
26,981 | 34,320 | 5,883 | 9,205 | |
21 |
25,068 | 31,760 | - | - | |
22/27 |
1,563 | 2,210 | 5,533 | 8,855 | |
23 |
1,563 | 964 | 1,286 | 1,609 | |
24 |
0 | 1,247 | 4,247 | 7,247 | |
28 |
350 | 350 | 350 | 350 | |
29/58 |
79,635 | 69,546 | 48,797 | 65,082 | |
3 |
16,824 | 32,192 | 22,788 | 32,158 | |
30/36 |
16,824 | 32,192 | 22,788 | 32,158 | |
40/41 |
10,604 | 662 | 1,662 | 1,795 | |
40 |
10,358 | 622 | 0 | 1,261 | |
41 |
246 | 40 | 1,662 | 534 | |
54/58 |
46,480 | 33,491 | 23,265 | 30,263 | |
490/1 |
5,727 | 3,201 | 1,082 | 866 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
106,616 | 103,866 | 54,679 | 74,287 | |
10/15 |
35,655 | 34,739 | 34,470 | 33,617 | |
10/11 |
1,200 | 1,200 | 1,200 | 1,200 | |
13 |
34,455 | 33,539 | 33,270 | 32,417 | |
133 |
34,455 | 33,539 | 33,270 | 32,417 | |
17/49 |
70,961 | 69,126 | 20,209 | 40,670 | |
17 |
9,000 | 9,000 | 0 | 2,568 | |
170/4 |
9,000 | 9,000 | 0 | 2,568 | |
42/48 |
44,592 | 60,126 | 20,209 | 38,102 | |
42 |
- | 0 | 2,568 | 5,000 | |
44 |
3,932 | 7,142 | 7,224 | 18,553 | |
440/4 |
3,932 | 7,142 | 7,224 | 18,553 | |
45 |
3,812 | 5,009 | 8,784 | 8,141 | |
450/3 |
3,812 | 5,009 | 8,784 | 8,141 | |
47/48 |
36,848 | 47,975 | 1,633 | 6,408 | |
492/3 |
17,369 | - | - | - | |
| Income statement | |||||
9900 |
19,223 | 8,828 | 6,629 | 44,556 | |
62 |
8,151 | 2,062 | - | - | |
630 |
8,272 | 5,021 | 3,322 | 1,756 | |
640/8 |
1,175 | 1,047 | 1,513 | 1,839 | |
9901 |
1,625 | 698 | 1,794 | 40,960 | |
75/76B |
16 | 0 | 65 | 14 | |
75 |
16 | 0 | 65 | 14 | |
65/66B |
116 | 196 | 363 | 416 | |
65 |
116 | 196 | 363 | 416 | |
9903 |
1,525 | 502 | 1,496 | 40,558 | |
67/77 |
610 | 233 | 642 | 8,141 | |
9904 |
915 | 269 | 854 | 32,417 | |
9905 |
915 | 269 | 854 | 32,417 | |
| Appropriation of the result | |||||
9906 |
915 | 269 | 854 | 32,417 | |
691/2 |
915 | 269 | 854 | 32,417 | |
6921 |
915 | 269 | 854 | 32,417 | |
| Social balance sheet | |||||
9087 |
0.2 | 0.5 | - | - | |
Hours worked1013 |
312 | 51 | - | - | |
| Document | |||||
The notes to these accounts have 15 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 05-06-2026.
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2024 | 1 | €9,000 | €9,000 |
| 2023 | 1 | €975 | €975 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 9,897 | 5,719 | 5,116 | 42,717 | ||
| 9,187 | 5,290 | 4,176 | 34,173 | ||
| 933 | 33,459 | 0 | 10,962 | ||
| 12,990 | 10,226 | -6,998 | - | ||
| 35,043 | 9,419 | 28,587 | 26,980 | ||
| 33.4% | 33.4% | 63.0% | 45.3% | ||
| 1.79 | 1.16 | 2.41 | 1.71 | ||
| 1.41 | 0.62 | 1.29 | 0.86 | ||
| 1.99 | 1.99 | 0.59 | 1.21 | ||
| 2.6% | 0.8% | 2.5% | 96.4% | ||
| 0.9% | 0.3% | 1.6% | 43.6% | ||
| 85.30 | 29.21 | 14.10 | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2025 | 31-12-2024 |
|---|---|---|
| Employees at the balance-sheet date | 0 | - |
| full-time | 0 | - |
| part-time | 0 | - |
| in full-time equivalents | 0 | - |
| 0.2 | 0.1 | |
| On a permanent contract | 0 | - |
| Joined | 1 | 1 |
| Left | 1 | 1 |
Source: social balance sheet in the 2024 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | €933 | - | - | €10,612 |
| Intangible fixed assets | - | €33,459 | - | - |
| Financial fixed assets | €0 | - | - | €350 |
| €8,272 | €5,021 | €3,322 | €1,756 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 133% higher than in 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total stays at 66.6%.
SIMPOOLS has no parent and no holdings in its annual accounts. SIMPOOLS shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Burg. Van Gansberghelaan 58 registered office 9820 Merelbeke-Melle | 19-10-2021 | 2.324.124.057 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 44413A0570/00Y000 | 2,143 m² | 1 · 268 m² | 11.9 m · 2 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0775.936.751
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