Turnover
≈ €170,000 estimated
The micro format states no turnover.
STUDIO SIMONS
Overview
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.
Credit check for an amount and term of your choice
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.
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.
Financials
Annual accounts 2025
micro format, filed on 13-10-2026, 74 days late€34,216
€18,717
€14,431
-€28,659
13.0%
0.46
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 ≈ €170,000. Estimated: probably between €130,000 and €230,000.
Balance sheet
balance sheet total €141,657 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
13.0%
Higher than 36% of 17,158 companies in 2025.
0.46
Higher than 22% of 16,582 companies in 2025.
10.2%
Higher than 64% of 16,665 companies in 2025.
STUDIO SIMONS
Middle half of the sector
80% of the sector
Micro accounts in food and beverage service (NACE 56)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff
€4,333
Staff costs divided by the average number of full-time equivalents.
level
people who joined
people who left
In 2025, 10 people joined and 10 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
141,657 | |
21/28 |
117,637 | |
22/27 |
116,637 | |
23 |
14,410 | |
24 |
13,441 | |
26 |
88,787 | |
28 |
1,000 | |
29/58 |
24,019 | |
3 |
5,099 | |
30/36 |
5,099 | |
40/41 |
6,912 | |
40 |
6,873 | |
41 |
39 | |
54/58 |
11,980 | |
490/1 |
28 | |
| Balance sheet: equity and liabilities | ||
10/49 |
141,657 | |
10/15 |
18,431 | |
10/11 |
4,000 | |
14 |
14,431 | |
17/49 |
123,226 | |
17 |
70,548 | |
170/4 |
70,548 | |
42/48 |
52,678 | |
42 |
22,604 | |
44 |
11,176 | |
440/4 |
11,176 | |
45 |
3,718 | |
450/3 |
3,569 | |
454/9 |
149 | |
47/48 |
15,181 | |
| Income statement | ||
9900 |
34,216 | |
62 |
867 | |
630 |
14,633 | |
9901 |
18,717 | |
65/66B |
3,409 | |
65 |
3,409 | |
9903 |
15,307 | |
67/77 |
876 | |
9904 |
14,431 | |
9905 |
14,431 | |
| Appropriation of the result | ||
9906 |
14,431 | |
| Social balance sheet | ||
9087 |
0.2 | |
Hours worked1013 |
38 | |
| Document | ||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 13-10-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 13-10-2026 | 2026-00554879 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 33,350 | ||
| 29,064 | ||
| 132,270 | ||
| -28,659 | ||
| 13.0% | ||
| 0.46 | ||
| 0.36 | ||
| 6.69 | ||
| 78.3% | ||
| 10.2% | ||
| 9.78 |
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.
Social balance sheet
| Item | 31-12-2025 |
|---|---|
| 0.2 | |
| Joined | 10 |
| Left | 10 |
Source: social balance sheet in the 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 |
|---|---|
| Tangible fixed assets | €131,270 |
| Financial fixed assets | €1,000 |
| €14,633 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on STUDIO SIMONS
Debt's share of the balance-sheet total is 87.0%.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
appointed by deed of 29-10-2024
term without a fixed end
listed in the 2025 annual accounts
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Artikel 11. Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan…”deed of 29-10-2024
Mandates through the years
1 name, the dashed line is todaySIMONS Carlo
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- SIMONS Carlo
- Director (not named in the articles), appointed by deed of 29-10-2024, still in office
Control
Founders
SIMONS Carlo, HECHTERMANS Marjan
This company
STUDIO SIMONS
Equity €18,431
Profit €14,431 in 2025
Capital
- Contribution
- €4,000
- Shares
- 100
- Contribution per share
- €40
- Equity per share
- €184 in 2025
- Source
- deed of 29-10-2024
Articles of association
deed of 29-10-2024 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Helft overdrager,helft koper(s) naar evenredigheid verworven aantal bij meerdere kopers,ook bij weigering erfgenaam of legataris, elke…”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of June at 20:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Om welke reden en op welk ogenblik ook, recht algemene vergadering om vereffenaars aan te duiden bevoegdheden te omlijnen en vergoeding te…”
Shareholders
At incorporation
deed of 29-10-2024 ↗
- SIMONS Carlo 90 shares (90%) · €3,600 in cash
- HECHTERMANS Marjan 10 shares (10%) · €400 in cash
Network & group
No group
STUDIO SIMONS has no parent and no holdings in its annual accounts. SIMONS Carlo is the only director. STUDIO SIMONS shares no director with another company.
Timeline
Timeline
4 events since 2024Filings
Establishments
202420252026
2026
Annual accounts 2025 filed NBBmicro format · 74 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1015582971
2024
IncorporationFounding capital of €4,000, 100 shares · Founders: SIMONS Carlo and HECHTERMANS Marjan · Appointment: SIMONS Carlo (director) · published on 29-10-20246 points ▸
- Founder, SIMONS Carlo
- Founder, HECHTERMANS Marjan
- Founding capital, €4,000, 100 shares
- 100 shares
- Registered office clause, Winkelstraat 1 H000, 3720 Kortessem
- Director appointment, SIMONS Carlo (director (not named in the articles))
- The deed holds 4 more points.
First establishment Maastrichterstraat 80, Hasselt
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1015.582.971
- VAT number
- BE 1015.582.971
- Peppol ID
- 0208:1015582971
- Other Peppol ID
- 9925:BE1015582971
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 25-10-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of June at 20:00deed of 29-10-2024 (in Dutch)
- Peppol
- Reachable since 30-01-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- STUDIO SIMONS in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 29-10-2024 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 29-10-2024 (in Dutch)
Activities
NACEBEL 2025VAT activities
56111
Full-service restaurants main activity
31009
Manufacture of furniture
Social security (RSZ) activities
56111
Full-service restaurants main activity
Joint committees annual accounts 2025
JC 302
Hotels and catering
Codes under NACEBEL 2008
56101
Full-service restaurants main activity
31099
Manufacture of furniture
47591
Retail trade
90021
Arts creation and performing arts activities
90029
Arts creation and performing arts activities
93299
Other amusement and recreation activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het uitbaten van een restaurant,taverne,drankslijterij,frituur,snackbar,feestzaal en amusementsspelen,dancing,hotel,het verschaffen van…”deed of 29-10-2024 (in Dutch)
16 activities
- Het uitbaten van een restaurant,taverne,drankslijterij,frituur,snackbar,feestzaal en amusementsspelen,dancing,hotel,het verschaffen van dranken en eetwaren,het uitbaten van een traiteurdienst en banketaannemer,catering,en het verrichten van alle handelingen die hiermee in verband staan,dit zowel in het binnen-als in het buitenland,deze benamingen genomen in de meest ruime zin en zonder uitzondering
- Zij mag tevens diverse activiteiten,zoals optredens,tornooien,tentoonstellingen,massamanifestaties en dergelijke organiseren
- Klaarmaken,thuisbezorgen en eventueel serveren van maaltijden en bereide schotels met inbegrip van buffetten op allerlei manifestaties
- Alle activiteiten van catering en verhuur van roerende goederen voor catering en allerlei manifestaties
- Organiseren en verzorgen van bruiloften,banketten,cocktails,lunches,recepties enzovoort
- Organiseren van kookcursussen en aanverwante activiteiten
- Hotel en dergelijke accommodatie
- Verkoop aan de toog of via telefonie,fax,internet van eetwaren en dranken
- Groot-en kleinhandel in wijn en speciale voedingswaren
- Vervaardigen van Meubelen
- Diensten in verband met het reinigen en verzorgen van gebouwen,landschapsverzorging
- Creatieve activiteiten,kunst en amusement
- Alle verrichtingen die rechtstreeks of onrechtstreeks in verband staan met de uitvoerende productie van entertainment concepten voor televisie,film,video,radio,of eender welk medium of drager,en dit in de meest uitgebreide zin van het woord,met name het onderzoek en de ontwikkeling,de fondsenwerving,de onderhandeling,het structureren van productieovereenkomsten,de productiedelegatie en opvolging,de marketing,het rechtenbeheer van entertainmentproducten op video,film,of eender welk ander drager,en dit zowel voor eigen rekening als voor rekening van derden
- Kleinhandel in grote verscheidenheid van goederen waarbij voedings-en genotmiddelen niet overheersen,zoals kleding,meubelen,apparaten,ijzerwaren,cosmetica,sieraden enz
- Detailhandel in antiquiteiten en tweedehandsgoederen in winkels
- Overige vormen van onderwijs
Registered office and establishments
1 establishment| Establishment | Since | Unit number | FASFC approval |
|---|---|---|---|
| Winkelstraat 1 registered office 3720 Kortessem | |||
| Maastrichterstraat 80 3500 Hasselt | 25-10-2024 | 2.365.983.121 | Restaurant |
Buildings and parcels at the addresses
- Ground area
- 126 m²
- Buildings
- 115 m²
- Volume, LiDAR
- 983 m³
- Tallest building
- 14.5 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 71022H0419/00N000 | 126 m² | 1 · 115 m² | 14.5 m · 2 |
Recognitions
Food safety, FASFC
1 siteHasseltunit number 2.365.983.121