Turnover
≈ €170,000 estimated
The micro format states no turnover.
STUDIO SIMONS
Lifetime
1 annual account with figurespeak €34,216 (2025)
€34,216
peak €14,431 (2025)
€14,431
peak €18,431 (2025)
€18,431
€123,226
Board1 name since 2024
1 directorSIMONS Carlo
Documentsfilings and deeds
13-10-202674 days late
2025micro format
First year with figures
Key points
from the 2025 annual accountsDebts
€123,226 87% of the balance sheet
Financial debts 57%Suppliers 9%Taxes and wages 3%Other 31%
Of this, €52,678 falls due within a year.
Starting capital
€4,000 100 shares
2025 accounts filed 74 days after the deadline
Checked score
36
Weak
Financially stronger than 47% of micro companies in food and beverage service (NACE 56)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
6.4% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,788 companies (NACE 56, micro).
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2025: 3.9%lowest value
12-2025: 3.9%● unchanged vs 11-2025lowest value
01-2026: 4.1%▲ +0.2 percentage points vs 12-2025
02-2026: 4.4%▲ +0.3 percentage points vs 01-2026
03-2026: 4.6%▲ +0.2 percentage points vs 02-2026
04-2026: 4.9%▲ +0.3 percentage points vs 03-2026
05-2026: 4.9%● unchanged vs 04-2026
06-2026: 5.3%▲ +0.4 percentage points vs 05-2026
07-2026: 5.3%● unchanged vs 06-2026
08-2026: 5.1%▼ -0.2 percentage points vs 07-2026
09-2026: 4.2%▼ -0.9 percentage points vs 08-2026
10-2026: 6.4%▲ +2.2 percentage points vs 09-2026highest value
11-2026: 6.4%● unchanged vs 10-2026highest value
Financial strengthAverage
Score breakdown
raises risk
Founded in 2024
Sector: Food and beverage service activities (NACE 56)
Last filed accounts filed 74 days late; 1 of the last 3 accounts late
Size: total assets €141,657
Calculation
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 56, micro). It does better than 36% of them on solvency, 39% on liquidity and 68% on profitability.
The bankruptcy probability was computed on 09-11-2026 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 elevated class on 30-06-2025, 6.3% 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).
Comparable companies, two years later
In July 2024, 7,976 companies had the same profile as STUDIO SIMONS has now. Each dot stands for 20 companies, two years later.
94.3%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of STUDIO SIMONS itself is higher: 6.4% within 12 months. It rests on far more data about STUDIO SIMONS than the profile alone.
Test of the method
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 7,976 companies, not a prediction for STUDIO SIMONS. 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.
Credit verdict
Credit of up to €500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is insufficient, with a current ratio of 0.46, below 1. Short-term debt is 37.2% and cash 8.5% of total assets. 87% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
raises risk
raises risk · 2025 accounts filed 74 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-10-2026, 74 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
74 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
- SIMONS Carlo 90 sharesdeed of 29-10-2024
- HECHTERMANS Marjan 10 sharesdeed of 29-10-2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1015582971
Incorporation
Founding capital of €4,000, 100 shares · Founders: SIMONS Carlo and HECHTERMANS Marjan · Appointment: SIMONS Carlo (director) · published on 29-10-2024 · Gazette deed
First establishment
Maastrichterstraat 80, Hasselt
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| STUDIO SIMONS Kortessem | €141,657 | €34,216 | 13.0% | - |
| EVASION GOURMET Neufchâteau | €129,846 | €31,276 | 5.1% | - |
| Brasserie Matin Calme Sprimont | €147,131 | €30,355 | 43.9% | - |
| Van Cauter Aalst | €136,480 | €36,684 | 24.5% | - |
| Ateljee Wuustwezel | €141,914 | €27,014 | 83.4% | - |
| RNQN Dilsen-Stokkem | €150,397 | €45,771 | 23.8% | - |
| PERU Dilsen-Stokkem | €116,456 | €34,937 | 30.1% | - |
These companies have the same main activity as STUDIO SIMONS: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €116,000 and €150,000, founded between 2023 and 2025.
Official details
Source: KBO- Status
- Active since 25-10-2024Normal situation
- Activity
- Full-service restaurantsNACE 56111and 5 others
- Joint committee
- 302Hotels and catering · annual accounts 2025
- Establishment unit
- 2.365.983.1213500 Hasselt, since 25-10-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 30-01-2025
Insights on STUDIO SIMONS
The computed 12-month bankruptcy probability of STUDIO SIMONS is 6.4% (elevated). The 2025 annual accounts show equity of €18,431 and a net result of €14,431.
Its solvency ranks better than 36% of 17,158 sector peers (NACE 56, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about STUDIO SIMONS
- What is the company number of STUDIO SIMONS?
- The company number of STUDIO SIMONS is 1015.582.971. The VAT number is the same number with BE in front: BE 1015.582.971.
- Where is STUDIO SIMONS based?
- The registered office is at Winkelstraat 1, 3720 Kortessem.Company details
- What does STUDIO SIMONS do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of STUDIO SIMONS?
- STUDIO SIMONS is a private limited company (BV).
- When was STUDIO SIMONS founded?
- STUDIO SIMONS was founded on 25-10-2024.
- Is STUDIO SIMONS still active?
- Yes, STUDIO SIMONS is an active enterprise in the KBO register.
- How many employees does STUDIO SIMONS have?
- STUDIO SIMONS had an average of 0.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does STUDIO SIMONS fall under?
- In its 2025 annual accounts, STUDIO SIMONS states joint committee 302 (Hotels and catering).
- What is the turnover of STUDIO SIMONS?
- The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €34,216 and 60 comparable companies (NACE 56111). It probably lies between €130,000 and €230,000.
- Is STUDIO SIMONS profitable?
- In financial year 2025, STUDIO SIMONS made a profit of €14,431.
- Where can I find the annual accounts of STUDIO SIMONS?
- STUDIO SIMONS filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
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