SIMUL NOS FORTIS
ActiveThe computed 12-month bankruptcy probability of SIMUL NOS FORTIS is 2.1% (moderate). The annual accounts of SIMUL NOS FORTIS for fiscal year 2025 show a net loss of 71% of the equity at the start of that year. The 2025 annual accounts show equity of €17k and a net result of €-41k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 29% of 3644 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
37
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-63
Solvency34▼-24
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days 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 short (current ratio 0.87 against 1.03 in 2024; short-term debt: 91.2% and cash: 41.8% of total assets), and 91.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
8.8%
Return on assets
-21.1%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-41k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
17 d late
2024
29 d late
2023
2 d early
2022
30 d late
2021
31 d late
2020
31 d late
2019
32 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€17k▼ 70.6%
2024 · €58k
2018: €35k
2019: €17k
2020: €23k
2021: €123k
2022: €63k
2023: €66k
2024: €58k
2018 → 2025
Total assets
€194k▲ 10.9%
2024 · €175k
2018: €513k
2019: €445k
2020: €412k
2021: €243k
2022: €211k
2023: €254k
2024: €175k
2018 → 2025
Net result
€-41k▼ 397%
2024 · €-8k
2018: €24k
2019: €-2k
2020: €6k
2021: €99k
2022: €-60k
2023: €3k
2024: €-8k
2018 → 2025
Working capital
€-24k
2024 · €4k
2018: €-58k
2019: €-99k
2020: €-114k
2021: €782
2022: €-39k
2023: €-11k
2024: €4k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€123k-€63k▼ 48.4%€66k▲ 4.7%€58k▼ 12.4%€17k▼ 70.6%
Operating result€89k-€-57k€5k€-5k€-36k▼ 642%
Net result€99k-€-60k€3k€-8k€-41k▼ 397%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €36k in 2025 against €5k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €194k
Fixed assets
€41k▼ 24.5%
Current assets
€153k▲ 26.8%
Equity and liabilities €194k
Equity
€17k▼ 70.6%
Debt
€177k▲ 51.4%
The debt ratio rises from 66.8% to 91.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-10k▼
2024 · €21k
Cash flow
€-15k▼
2024 · €18k
Solvency
8.8%▼
2024 · 33.2%
Current ratio
0.87▼
2024 · 1.03
Quick ratio
0.75▼
2024 · 0.85
Debt / equity
10.37▲
2024 · 2.01
ROE
-239.9%▼
2024 · -14.2%
ROA
-21.1%▼
2024 · -4.7%
Interest coverage
-2.04▼
2024 · 6.55
Debt
€177k▲
2024 · €117k
Debt ≤ 1 year
€177k▲
2024 · €117k
Income taxes
€339▲
2024 · €174
Staff costs
€628k▲
2024 · €616k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€175k€194k▲
Fixed assets21/28€54k€41k▼
Intangible fixed assets21€10k€5k▼
Tangible fixed assets22/27€44k€35k▼
Plant, machinery and equipment23-€11k
Furniture and vehicles24€2k-
Other tangible fixed assets26€42k€25k▼
Current assets29/58€121k€153k▲
Stocks and contracts in progress3€22k€21k▼
Stocks30/36€22k€21k▼
Amounts receivable within one year40/41€26k€51k▲
Trade receivables40€26k€51k▲
Cash at bank and in hand54/58€69k€81k▲
Deferred charges and accrued income490/1€4k-
Equity and liabilities
Total equity and liabilities10/49€175k€194k▲
Equity10/15€58k€17k▼
Contributions10/11€20k€20k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€36k€-5k▼
Amounts payable17/49€117k€177k▲
Amounts payable within one year42/48€117k€177k▲
Current portion of amounts payable after more than one year42€6k€6k▲
Trade debts44€23k€76k▲
Suppliers440/4€23k€76k▲
Taxes, remuneration and social security45€72k€61k▼
Taxes450/3€4k€11k▲
Remuneration and social security454/9€68k€51k▼
Other amounts payable47/48€16k€34k▲
Income statement
Code20242025
Remuneration, social security and pensions62€616k€628k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€26k▲
Other operating charges640/8€2k€5k▲
Gross operating margin9900€639k€623k▼
Operating profit (loss)9901€-5k€-36k▼
Financial income75/76B€2€56▲
Recurring financial income75€2€56▲
Financial charges65/66B€3k€5k▲
Recurring financial charges65€3k€5k▲
Profit (loss) for the period before taxes9903€-8k€-41k▼
Income taxes67/77€174€339▲
Profit (loss) for the period9904€-8k€-41k▼
Profit (loss) for the period to be appropriated9905€-8k€-41k▼
Appropriation of the result
Profit (loss) to be appropriated9906€36k€-5k▼
Profit (loss) brought forward from the previous period14P€44k€36k▼
Social balance
Average headcount (FTE)908715.414.9▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 17 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
31-12
Financial
Weakest financial yearnet €-60k ▼160%
Net result drops to €-60k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €99k ▲1556%
Operating result €89k, net result €99k, both a record.
31-12
Financial
Equity above €100kEq €123k ▲423%
2 profitable years in a row build equity to €123k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
01-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 32 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Puurs-Sint-Amands · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Neerlichter 12870 Puurs-Sint-AmandsGround area
3.0 ha
Building footprint
2.6 ha
Volume, LiDAR
166,553 m³
2 parcels, Flanders · tallest building 64.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Lunch Garden Genk
since 20172.260.742.871
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71016I1055/00H000 | Flanders | 2.9 ha | 1 · 2.5 ha | 64.2 m · 2 fl. |
| 12008A0056/00V000 | Flanders | 568 m² | 1 · 153 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 240 EUR awarded · 240 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 240 EUR | 240 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 site · 1 with a smileyGenk2.260.742.871
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Of 21,896 companies in sector 56112 we hold annual accounts for 9,778. 7,880 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-01-2017
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.