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THE SIM POWER

Active
Private limited companyfounded 20233 yrs activeAvenue de l'Artisanat 2A, 1420 Braine-l'Alleud, BelgiumKBO/BCE: BE 0799.761.139
Summary

The computed 12-month bankruptcy probability of THE SIM POWER is 4.5% (elevated). The 2024 annual accounts show equity of €3,334 and a net result of €1,193. Its solvency ranks better than 19% of 2552 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
THE SIM POWERActiveChecked score 39/100
Risk analysis ReportCompare

Overview

Activity
Sports and recreation education
NACE 85510
#7 company by total assets in Braine-l'Alleud, Education sector1 site
Size
€221,448total assets 2024
Equity
€3,334
Profit
€1,193
Turnover not published (abridged schema)
Financial health
39 Weak Checked score 2024
Bankruptcy chance 12 m
4.5%
Structure
Accounts 65 d overdue0 of 2 deeds read
Why 39- Figures for FY 2024 (filed 30-01-2026)- 1 financial year not filed after the legal deadline; latest accounts 182 days late; 1 of the last 3 late- 1 change of registered office in 24 months+ Sector Education (NACE 85)Show the evidence

Checked score

Score 2024
39 / 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 48% of its sector peers (NACE 85, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2023
Average
Solvency 27-37
equity 1.5% of total assets
Liquidity 62-5
short-term debt 67.0% · cash 38.4%
Profitability 69-26
return on assets 0.5%
Bankruptcy probability, 12 months
4.5% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (3,751 companies)
Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.1%▲ +1.6% vs 11-2024 01-2025: 0.1%▼ -0.8% vs 12-2024 02-2025: 0.1%● 0.0% vs 01-2025 03-2025: 0.1%▲ +9.2% vs 02-2025 04-2025: 0.2%▲ +13.4% vs 03-2025 05-2025: 0.2%▲ +19.3% vs 04-2025 06-2025: 0.2%▼ -1.0% vs 05-2025 07-2025: 0.2%▲ +13.7% vs 06-2025 08-2025: 0.4%▲ +92.6% vs 07-2025 09-2025: 0.6%▲ +38.5% vs 08-2025 10-2025: 1.2%▲ +112% vs 09-2025 11-2025: 1.2%▲ +1.1% vs 10-2025 12-2025: 1.5%▲ +23.0% vs 11-2025 01-2026: 2.1%▲ +39.7% vs 12-2025 02-2026: 1.3%▼ -38.4% vs 01-2026 03-2026: 1.3%▲ +0.5% vs 02-2026 04-2026: 1.3%▲ +0.9% vs 03-2026 05-2026: 1.3%▼ -3.0% vs 04-2026 06-2026: 1.2%▼ -3.0% vs 05-2026 07-2026: 1.3%▲ +2.2% vs 06-2026 08-2026: 1.9%▲ +52.3% vs 07-2026 09-2026: 2.6%▲ +31.7% vs 08-2026 10-2026: 4.5%▲ +77.8% vs 09-2026highest value
  • Figures for FY 2024 (filed 30-01-2026) raises the probability
  • 1 financial year not filed after the legal deadline; latest accounts 182 days late; 1 of the last 3 late raises the probability
  • Sector Education (NACE 85) lowers the probability
  • 1 change of registered office in 24 months raises the probability
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.4 against 0.64 in 2023; short-term debt: 67% and cash: 38.4% of total assets), and 98.5% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 85, micro). Better than this share of them on solvency 17%, liquidity 51%, profitability 40%, growth against the median 84%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Figures for FY 2024 (filed 30-01-2026)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 182 days late; 1 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
lowers risk · Sector Education (NACE 85)
In the bankruptcy model this factor lowers the probability.
KBO
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 2552 sector peers (2024).
NBB · sector comparison
Position among 2552 sector peers
Solvency
better than 19%
← weakest strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-01-2026, 182 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
182 d late
2023
40 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 71 days after the deadline; the sector median for financial year 2024 is 16 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Liquidity doublescurrent ratio 1.40
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 65 d late View
  • Caution: Among the weakest 20% on solvencysector median 45.8% · 2,552 companies 1.5% View
  • Total assets 20242 fiscal years filed €221,448 View

By topic

Financials

Fiscal year
2024
Total assets
€221,448
Profit
€1,193
Solvency
1.5%
Total assets▲ 3,923%
Net result
20232024
Go to Financials

Timeline

Events
3
Since
2024
  1. 29-01-2026Annual accounts filed
  2. 31-12-2024Liquidity doubles
  3. 21-06-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Sports and recreation educationNACE 85510
Founded
21-03-2023
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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