SIMRAN & ROOP
ActiveSummary
The computed 12-month bankruptcy probability of SIMRAN & ROOP is 3.7% (moderate). The annual accounts of SIMRAN & ROOP for fiscal year 2024 show a net loss of 60% of the equity at the start of that year. The 2024 annual accounts show equity of €10k and a net result of €-15k. Equity is growing by ~40.2% per year across the filed fiscal years. Its solvency ranks better than 38% of 26043 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability3▼-97
Solvency43▼-17
Growth36▼-16
Track record94
Bankruptcy probability, 12 months
3.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.22 against 1.55 in 2023; short-term debt: 81.7% and cash: 27.3% of total assets), and 81.7% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
18.3%
Return on assets
-27.6%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-07-2025, 27 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
27 d early
2023
on the day
2022
5 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€525k▼ 5.5%
2023 · €555k
EBIT margin
-3.0%▼ 8.4pp
2023 · 5.4%
Net result
€-15k
2023 · €24k
Working capital
€10k▼ 60.1%
2023 · €26k
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
Line202220232024
Turnover€639k-€555k▼ 13.1%€525k▼ 5.5%
Operating result€3k-€30k▲ 927%€-16k
Net result€2k-€24k▲ 1,085%€-15k
EBIT margin0.5%-5.4%▲ 4.9pp-3.0%▼ 8.4pp
Equity€2k-€26k▲ 1,185%€10k▼ 60.1%
Total assets€43k-€73k▲ 68.5%€56k▼ 22.9%
Debt€41k-€47k▲ 14.1%€46k▼ 2.6%
Working capital€2k-€26k▲ 1,185%€10k▼ 60.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €16k after €30k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €56k
Equity
€10k ▼ 60.1%
Debt
€46k ▼ 2.6%
Debt's share of the balance-sheet total rises from 64.6% to 81.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-15k
Cash flow
€-15k
Current ratio
1.22▼
2023 · 1.55
Quick ratio
0.47▼
2023 · 1.23
Debt to equity
4.45▲
2023 · 1.82
ROE
-150.6%▼
2023 · 92.2%
ROA
-27.6%▼
2023 · 32.7%
Interest coverage
-74.10
Debt ≤ 1 year
€46k▼
2023 · €47k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Turnover70 | €639k | €555k | €525k | ▼ 5.5% |
| Goods, raw materials, services and sundry goods60/61 | €636k | €524k | €546k | ▲ 4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €417 | - |
| Other operating charges640/8 | €4k | €3k | €3k | ▼ 13.4% |
| Non-recurring operating charges66A | - | €478 | - | - |
| Gross operating margin9900 | €7k | €33k | €-13k | ▼ 139% |
| Operating profit (loss)9901 | €3k | €30k | €-16k | ▼ 153% |
| Financial income75/76B | - | - | €485 | - |
| Recurring financial income75 | - | - | €485 | - |
| Financial charges65/66B | €400 | €156 | €207 | ▲ 32.4% |
| Recurring financial charges65 | €400 | €156 | €207 | ▲ 32.4% |
| Profit (loss) for the period before taxes9903 | €3k | €30k | €-15k | ▼ 152% |
| Income taxes67/77 | €501 | €6k | - | - |
| Profit (loss) for the period9904 | €2k | €24k | €-15k | ▼ 165% |
| Profit (loss) for the period to be appropriated9905 | €2k | €24k | €-15k | ▼ 165% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €43k | €73k | €56k | ▼ 22.9% |
| Current assets29/58 | €43k | €73k | €56k | ▼ 22.9% |
| Stocks and contracts in progress3 | €14k | €15k | €35k | ▲ 131% |
| Stocks30/36 | €14k | €15k | €35k | ▲ 131% |
| Amounts receivable within one year40/41 | - | €2k | €6k | ▲ 180% |
| Other amounts receivable41 | - | €2k | €6k | ▲ 180% |
| Cash at bank and in hand54/58 | €28k | €55k | €15k | ▼ 72.3% |
| Deferred charges and accrued income490/1 | €552 | €294 | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €43k | €73k | €56k | ▼ 22.9% |
| Equity10/15 | €2k | €26k | €10k | ▼ 60.1% |
| Profit (loss) carried forward14 | €2k | €26k | €10k | ▼ 60.1% |
| Amounts payable17/49 | €41k | €47k | €46k | ▼ 2.6% |
| Amounts payable within one year42/48 | €41k | €47k | €46k | ▼ 2.6% |
| Trade debts44 | €38k | €38k | €37k | ▼ 3.6% |
| Suppliers440/4 | €38k | €38k | €37k | ▼ 3.6% |
| Taxes, remuneration and social security45 | €1k | €6k | €9k | ▲ 51.2% |
| Taxes450/3 | €1k | €6k | €5k | ▼ 6.3% |
| Remuneration and social security454/9 | €180 | €450 | €4k | ▲ 777% |
| Other amounts payable47/48 | €2k | €3k | - | - |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €24k | €-15k | ▼ 165% |
| + Depreciation and write-downs630 | - | - | €417 | - |
| Operating cash flow (approximation) | €2k | €24k | €-15k | ▼ 163% |
| Change in cash | - | €27k | €-40k | ▼ 247% |
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
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2022net €24k ▲1,085%
Operating result €30k, net result €24k, both a record.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Tongeren-Borgloon · 2 establishment units since 2021
Ground area
754 m²
Building footprint
248 m²
Volume, LiDAR
2,049 m³
2 parcels, Flanders, Wallonia · tallest building 11.8 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
SIMRAN & ROOP
since 20212.319.931.083
SIMRAN & ROOP
since 20212.319.931.182
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73046B0149/00P000 | Flanders | 450 m² | 1 · 156 m² | 10.8 m · 3 fl. |
| 64065B1656/00R002 | Wallonia | 304 m² | 1 · 91 m² | 11.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesSaint-Georges-sur-Meuse2.319.931.182
Tongeren-Borgloon2.319.931.083
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Of 10,506 companies in sector 47110 we hold annual accounts for 5,848. 3,481 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
Founded26-04-2021
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
47252Retail sale of beverages, general range
47260Retail trade
Scores and ratios are computed by Checked and are not a credit decision.